The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
Thanks for your replies. It makes sense re: RI. Id love to sell my shares and try a few other shares but im faithful these will move. It would mean selling at a loss which isnt an option for me. I wouldnt want to take a risk and sell at a small loss then miss getting back on the boat as ive a decent average of 83p so just have to sit on these. September isnt too far away, hopefully we will get some answers and the shares start moving towards their true value.
A lot of money was spent setting up employees to work from home due to covid. Also there have been more redundencies at moderately high level management.
I think another way to save money in the long term might be downsize some offices and utilise the IT equipment purchased for working from home when covid dies down. Some people might be happy to continue working from home and as long as the works getting done its a win/win surely.
any thoughts on when we are going to start to see some decent movement on this? Im in long through SIP and sharesave but also a few grand side pot Id saved over past few months. Side pot is getting itchy feet lol
I think your right. Before Covid id hoped sp would be around £2 later this year but covid is a big spanner in the works for many reasons mentioned on numerous posts on this thread. Looks like well have to hold for a good while before any sort of decent movement. Kier wont go bust, debt aside its still making money and with big governemnt infrastructure investment Kier will definately be a winner.
Thanks for your reply! That makes sense, I struggle understanding the rns news sometimes so its better to ask than be unsure!
Hopefully sp will move in the right direction today after the mini budget!
GL all!
Hi,
Does anyone know what todays rns means and is it likely to affect the sp? Apologies if a silly question. Im new to shares/investing.
Cheers
I continued to work during lockdown as I work in the gas emergency department. We furloughed 80% of staff and operations in NI keeping 20% for emergency and maintenance work. I believe England only furloughed 20%.
Regarding the financial update, unfortunately I have no clue. Like everyone here Im hoping for something early to mid July
Im originally a McNicholas employee based in Northern Ireland. Was happy when Kier bought us until I heard they were being touted as the next Carillion lol It might be a while before im in Davies circle of trust but havent heard anything negative in quite some time which im happy to report.
Very intrigued by this next update as like the rest of us im also reading tea leaves and the crystal ball!
As a humble Kier employee and follower of this thread im happy for the share price to remain static for another couple of weeks so I can get another topup before the financial update. Ive been putting every spare penny I can into Kier stock over the past few months, got a good average of 0.81. Looking to sell around 2 but depending how quickly it takes to get there (when it finally gains some legitimate momentum) I may hold for a while longer.
Davies seems to be turning Kier around and ive had faith since he joined. So many positives in Kiers favour plus serious resolve in debt reduction and bigger margins should put the sp up where ot belongs. My only niggle is covid, how much has it really affected us? Will the next financial update affect the sp in a positive way or will I have to hold for another 6 months? Only time will tell.
Also invested in 2 share schemes for long term gains all being well.
KL restricts cash flow due to the nature of the business and also selling it is a way to clear a chunk of debt. Its a profitable business so should get a good price for it and Davies in no rush to sell. Cash flow was one of their issues and lead to temporary ban (for want of a better word) from the contractors prompt payment list.
Whats the JP Morgan news about?
Thanks for your thoughts on this NeverSayNever76. The shorts reducing is certainly good news, hopefully we start seeing some decent movement on the SP very soon =)
Any thoughts on when the vultures/shorters will stop buzzing around Kier and find someone else to pick to pick at their bones?
What sort of guess would you think the share price could go to if the short position is zero? I know there are other factors like debt and the sale of KL to account for. I see Morgan Sindall's name mentioned a few time over the past days. Their share price compared to Kiers is worlds apart.
Thanks, I have faith in my company and intend using share schemes long term to start a small property portfolio to fund my retirement. No point me saying that I will be investing in other companies when short term I will not be as I do not have the time to do the research. But I suppose never say never =)
Thanks for the advice! Like I said I am mainly long term with Kier shares through schemes but if the shares are going to bounce between £1 and £1.50 I figure I can use some spare cash for some day trading and hopefully make a few quid. Can't see me doing trades with other companies to be honest. I'd get cleaned out most likely lol
Thanks for the recommendations. Money to be made daily trading on these shares at the moment but I'm mainly in for long term. Lets hope the board keeps on the right track, as they seem to be doing.
Hi, ive been keeping an eye of this page and enjoy peoples views on the Kier shares. I am a Kier employee (totally new to buying and selling shares) and want to buy some shares. Can someone please advise me what is my easiest route? Can I buy shares on the LSE website or what is my best option for small trades? I am invested on both share incentive plans but that comes straight out of my wages. With the volatility of the shares going up and down id like to try some daily trading to try and get a portfolio built up. Many Thanks