Member Info for farhantahir

That makes sense. I guess more write offs then....

I wish the construction business was a seperate entity. The vslue here would then be huge. I love the partnerships idea... just not razor thin margins for construction...

https://www.pressandjournal.co.uk/fp/news/aberdeen/1679118/transport-scotland-announce-awpr-will-fully-open-next-week/ It's scheduled to open next week. Subject to Operational Planning (what does that mean...? lol). I think Galliford Try and Balfour Beatty have done their part and there shouldn't be more costs IMO!

There's been a lot of big buys recently... wonder if we'll get a RNS soon?! Wonder if there's good news coming soon. Fingers crossed!

Congratulations on the baby!

There's no such thing as stupid questions IMO. But when it comes to predicting the price by the end of January, it's difficult and dependent on so many factors. I'm not invested in Kier (i'm invested in Galliford Try which is somewhat similar). I do think prices will rise - but with Brexit, it's difficult to see what the price will exactly be. I'm personally expecting a "Brexit Bounce" for the construction sector (I'm extremely heavy in the construction sector at the moment for that reason). Only reason i've got shares in the construction sector is because my losses are high, and I don't want to sell when things are at a PE ration of 3/4/5...

I'm not a professional investor - but I probably wouldn't put new funds into construction related stock unless I was willing to risk it. Brexit could still mess up (No deal might not be liked by parliament, but it's the default position). Then they're the wider issues like growth slowing down globally, etc. All of that will impact construction companies!

That's my two cents lol.

Same - hopefully it goes up. This is one share i'm in a dilemma about. I need to sell some of my holdings in the next 3-4 months, but i'm hoping I could avoid selling this one lol. Just need my other ones to go up...!

They say it's due to the cyclical nature of the construction market. I agree - 2% margin seems rubbish, but then the likes of Balfour Beatty, etc work on the same margin.

The majority of issues happen with the larger construction projects which they say they'll move from (but they appointed a new Railway Director from Murphy so no idea!) They've said they aren't chasing revenue growth, but are going to focus more on margins. I think that's a good approach.

Yeah - I think we're at the stage where any positive step forward will be good news and the share price can move forward. Personally - i'm hoping we avoid a General Election. Doesn't look like the Tories will get any more seats, Labour doesn't look that strong (and will be anti-Business anyway...). Plus, TM said she wont lead the next general election. Could get an even worse leader for the Tories... JRM? (shudders......).

Looks like it re. the TM motion. It's not being reported that much - so I guess it is non-news lol. Seriously wish Nicola Sturgeon or even Ruth (Tories Scottish Leader) could become PM. Both are brilliant (and i'm biased because i'm Scottish lol).

Anyone know how this is likely to impact the share price? I'm assuming that, if it goes ahead, this will result in more clarity going forward (and hopefully rule out no deal?) and will lead to short-term pain? I was looking to sell my shares and then re-buy them in January (just before the vote!). Was about to sell today, but Corbyn delayed the Vote of No Confidence for to long and markets shut! Mornings are so volatile... :(

Definitely not brave enough in this market, but certainly hope it was! Seeing a 50% fall was heartbreaking!!!!!!!!!!

3 of the directors purchased shares recently. So good gesture IMO!

Hi Ronin

70x earnings is ridiculous. The most i'd be willing to pay is around 20x for a company. It's easier to grow revenue than it is to grow profit and the high multiple companies quickly see that! Even if we agree that 70x is excessive and go for a more conservative 20-30x, the share price is at 4, so still around 1.30~+. I think online business models offer a lot of potential - but i like Quiz's multi-route to market - I think a pure one route channel is quite difficult and limiting. I'd much rather (personally) buy clothes from physical stores as I hate bad fitting!!!. Lol.

I like your article/ blog Ronin and see some good points. Like Jay, i don't agree with the Buyout point (and in all honesty, I don't see it happening with so much of the shares in concentrated ownership and there being a lot of scope for share price improvement).

Do agree with the dividend yield - the IPO documents say that the Board is seeking a progressive dividend over the years and covers at what, 8x? Getting in now could be a good long term income - particularly if growth can be continued!

I bought the bulk of my shares at the 50p mark (sad - i could have got a lot more today!) - but I was looking at Quiz when it was at the £1.50 mark and so i'm viewing it as a scrip-purchase LOL.

With what's going on in the world, it looks like a recession is coming. If brexit goes Wrong, the trade war... etc. Lots goes wrong.

But there's a few articles thst the full warnings of recessions aren't there - the 10yr and 2 year us debt hasn't seen yield Inversal. Don't want a recession yet! I just want a share price recovery (bt to grow and house stocks to rise) so I can sell lol.

I'm tempted to cash out and then rebuy later. Seeing a 20% decline (from a 20% gain!!!) is depressing. I don't really see a dividend cut coming - strategy says there's an expectation for 5% CAGR on 2016 dividends. That was 82 (even if you take account of the RI it's a decent dividend), so 5 years of good dividends (unless the market collapses... hope not!) is tempting enough to stay in.

My average purchase price is around £8.30....

There is an interim dividend due early 2019. Ex dividend is at the end of the month.

Completely agree with all you have written - I think there's a fantastic management team in charge at Breedon and they've made some really good decisions. Hopefully we'll avoid a "hard brexit" - don't think there's many in support of that!

I don't plan to sell my stake in Breedon. I have a ton of other out-of-favours (like Galliford Try (how I wish I sold out at £11... bad time to be on holiday with a no internet on holiday policy!!). I think once this uncertainty ends with Brexit, construction related stocks will do well.

This really is an out of favour stock... Testing year lows. Didn't see this coming at all. What's everyones opinion here?

BT is viewed more as a "defensive" share at the moment. (IMO). Lots of people pile into BT when there's a lot of uncertainty/ turmoil in the market. What I find weird is how turmoil lasts 2/3 days lol. Long term, I still think BT is a fantastic share. Small increases are always good, but it's the end result that matters! (Unless you're a day trader)...

Ouch :/. I think it still goes through HL... still giving me the option but 0 cash atm! Think im living on beans and toast till the end of the month lol

Just bought some at 54.8 and instant gains lol. I hope my funds get sold asap!!! Need more here lol.