Member Info for Metamorphosis84

The rationale for selling Kier Living is as thus:

"Kier Living is a strong business but has limited operational synergies with other parts of the Group and would require significant ongoing funding from Kier to deliver future growth."

There are many who share your hope that the spring will move this bug along, but it will be back again next winter, that is a problem.
If the UK were to take similar measures as South Korea, China and Italy, it is easy to see why confidence in the market would be completely pummeled.

But in this case, its Kier's debt problem which is the principle issue.

Once again I invite contributors to consider the following, very few have had a stab at answering.

1. How long can Kier continue without disposing of Kier Living before an alternative cash raise is required?
2. What might an alternative cash raise be?

This article seems to be answering both questions .

Its a method that always works, aggressively de-leveraging whilst borrowing more into the liquidity headroom

All very good reasons Nickel and really thanks for the article, it a least gives gives us the chance to discuss the pros and cons.

Re the following assessment:

"Despite 162 million shares in issue nowadays, I would not be surprised in due course to see Kier tap shareholders again (or make a placement), especially if commercial opportunities increase – the approval of HS2 offering substantial long-term work. "

Do you share the view that this would be unsurprising, and if so what sort of effect do you think it may have on the SP post hypothetical placement?

Thanks I'll have look.

Funny, the other day someone said that I am definitely being employed by Muddy Waters! Tin hat time

Nickel its just an article to read, breaks up all the "this will be xxxx by xxxx" posts, which are fine

Different article Arnie- read it

Some interesting analysis here from the experts, they are judging debt uncertainty to be the main risk with this share

https://www.fool.co.uk/investing/2020/02/21/how-much-would-1k-invested-in-kier-shares-3-years-ago-be-worth-today/

Now Arnie (and btw welcome as a newbie to LSE and this board) there is no need to be rude.

Its for you to take the value of the article as you see it, but me posting a link or two is no different to a week or so ago when other contributors were posting links to work won by Kie, just as valid dear fellow.

Another tres intressant article from the experts over at Motley Fool, this time one G A Chester.

These guys really know their stuff, well worth a read

https://www.fool.co.uk/investing/2020/02/18/the-kier-share-price-has-almost-doubled-in-a-month-time-to-buy/

Easy tiger, its just a point of view, obviously they are more expert than you, but point taken!

Interesting perspective from the experts over at Motley Fool

https://www.fool.co.uk/investing/2020/02/17/as-the-kier-share-price-jumps-10-heres-what-id-do-now/

Like all other ministers in Boris's cabinet, Grant Shapps will have to do as he is told.

In my view its a very hard sell.

All through the election campaign the message was get brexit done and keep out the marxists.

Now we are letting the marxists in?

Very strange policy and not a winner for the next election. Or maybe its so far off that Boris and Cummings don't care?

It is a terrible idea for sure, but not sure if the speculation can be described as a load of rubbish, given that HMG has confirmed it is in talks.

There was opposition over Huwawai, Boris went ahead anyway.

There was opposition over HS2, Boris went ahead anyway.

It is not inconceivable that in the face of opposition to this idea Boris could go along with it anyway.

It would be a total national humiliation if he did so, I hope he realises that.

"There's absolutely no way a state run communist company could operate in the UK. Not a chance"

What about Huwawai?

I don't think many voters had this in mind when they gave Boris his majority

Any thoughts on the offer from Chinese Railway Construction Company offer to build HS2 faster and cheaper?

Surely HMG wouldn't allow this? Would they?

Hi Auson

Long time no speak and yes doing very well thanks.

Can't recall saying what positions I do or don't have! Do recall saying that there will be trading opportunities, which there certainly have been.

Look to September last year when it got to 140p.