Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
https://www.pbctoday.co.uk/news/planning-construction-news/kier-contractors-league-table/58304/
Next stop at £2.50
Share the following recent framework successes and contract awards which are not yet in the order book and which now reinforce our position:
• North Wales Construction Framework 2: value £500m over the framework life. Well done to the North West team.
• Park Hill, Sheffield: £20m new student accommodation for Alumno Group – our third project with them following previous work in Scotland. Well done to the Yorkshire team.
• Paisley Town Hall: £22m transformation of the 19th-century building for Hub West Scotland. Well done to the Scotland team.
• South and Mid Wales Collaborative Construction Frameworks (SEWSCAP): £1bn over 4 years value with project values ranging from £250k-£100m. Well done to the Western and Wales team.
• Wellingborough Prison: £253m contract for the Ministry of Justice, being delivered by our Regional Building Eastern business in joint venture with Major Projects Building. Great achievement by our Eastern team.
Notwithstanding this positive position the reduced profit level and adjusted cash balance is more disappointing news and is a difficult time for our shareholders and investors, and I am aware that many of you are shareholders also.
This is a challenging time. The company needs to improve investor and market confidence by delivering on its commitments consistently. In the short-term delivery of a net cash position is the corporate priority, we can all assist this in our daily roles by reducing costs and improving our budget positions wherever possible
Our market share has been hard fought – by focussing on the day job, delivering for our customers, we will continue this success and can be confident in our future. Please consider all of this and reassure each other, likewise our customers and supply chain.
I ask you to retain the pride and passion that we are known and respected for. There is no better time for us to pull together, to keep Kier special and provide the very best service we can.
We're pleased to have been appointed to all 10 lots of the new £1bn South and Mid Wales Collaborative Construction Framework.
This four year framework will see us deliver schools and other public buildings to local authorities and public sector organisations, ranging in value from £250k to £100m.
To find out more about our appointment to this framework, visit: https://kier.uk/2IjGZou
There is no logic in market, controlled by few people. They have open cards and we are playing blindly. Sometimes our guess works and most of times it doesn't. I don't believe any software or logic works here for metro. Good luck to all who have invested and waiting for rise. I am planning to come out after a heavy loss.
Kier employees pay their shares through their salary. Some of employees are working for KIer for long time and got loads of shares. How can they pay rights (typically if someone has £10k worth of shares then he needs to buy 6.6k worth of shares) wih cash. That is why company decided, that it will use tail shallow. That is different that they won't get any shares because nil shares have no value.
That is great example