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"Kier was the largest single recipient of Highways England spending in the last two financial years, bringing in more than £1bn from the roads body, an analysis by Construction News has found":
https://www.constructionnews.co.uk/contractors/kier/highways-englands-contractor-spend-league-table-revealed-06-07-2020/

High crude quality, great assets/potential at a fantastic premium, and now with RT gone, ripe recipe for a potential takeover, hopefully also with a juicy premium for the underwater shareholders, time will tell.

IMO, RI is only a back up in case a good price cannot be obtained for KL, personally, I'm very optimistic that this back up plan will not be required and KL sale will progress accordingly.

https://www.thearmchairtrader.com/is-kier-group-a-turnaround-play-on-uk-construction/

Simple market overreaction/MM at play here to a very much expected and IMO positive update; SP will soon regain upward momentum as it is currently much undervalued, also, I fully agree with brokerage consensus and see today as an excellent buying/top up opportunity.

More good news for KIE going forward:
https://www.bbc.co.uk/news/education-53215221

It is now evident that Kier Group's new management since Andrew Davies (now CEO since April 2019) , have been making some very positive transformational changes at the group which include, an enhanced bidding/tender evaluation process, major cost cutting/restructuring initiatives, increased project and supply chain efficiencies which all help improve margins in today's ultra friendly interest rate environment with potentially much more infrastructure spending in the works. Hence only conclusion here can be that the currently much undervalued KIE SP will significantly rise from here in the coming weeks/months ahead to reflect the present environment along with these positive initiatives and thereby, get closer to fair market values overtime IMHO, please DYOR.

GKP has truly prolific assets which clearly speak for themselves and hence, market/SP will eventually adjust/significantly rise to reflect fair value here, and likely a lot sooner than most may expect.

cringsing, Same source you are using/refer to here in this trail (Simply Wall Street, link below FYI) in their current assessment on Kier Group, puts the current "Fair Value" for KIE SP at £8.61, which IMHO is the direction the SP will now move towards particularly, the way I see the new management/now much more efficient Kier has been performing:

https://simplywall.st/stocks/gb/capital-goods/lse-kie/kier-group-shares?utm_medium=finance_user&utm_campaign=intro&utm_source=post&blueprint=1228177#valuation

Also fully agree, KIE SP remains extremely undervalued at present which may not last much longer IMO, and enormous upsides lie ahead here overtime.

This could certainly be additional welcome news for KIE:

https://www.bloomberg.com/news/articles/2020-06-11/morgan-stanley-says-risk-boe-will-cut-rates-below-zero-is-real

Good points. Also agree that we are now just hovering around the bottom with significant upside potential ahead, and likely sooner than most expect at present.

Heard very good things today about the Interim CEO from her time at BG, let's hope she can get the business moving nicely from here onward and reflect same in the ailing SP.

Absolutely! Stock market always adjusts/corrects itself overtime, and HUR SP IMO, will move significantly higher from here sooner than most currently expect.

"Kier Highways successfully recertified for Carbon Trust Standard":
https://www.pbctoday.co.uk/news/energy-news/carbon-trust-standard/77380/

And "Highways England site visits to restart this month":
Noting in same that, "Mr Dare also celebrated Kier's success in reducing its accident frequency rate (AFR) by half - a target Highways England recently challenged the entire supply chain to meet."
https://www.highwaysmagazine.co.uk/Highways-England-site-visits-to-restart-this-month/8368

FTSE closed negative today while KIE SP +10% up, hence not a bad day/day 1 of the Kier breakout! KIE is now gaining momentum and overtime should move way higher to get closer to it's fair value IMHO.

Amongst the top fields in the world here with huge reserves, outstanding reservoirs, and massive potential ahead with oil prices now on the up, and gaining momentum with increasing demand/dropping global supply which may be hard to regain. Hence, I see GKP SP as currently extremely below fair trading value based on these fundamentals with enormous upsides going forward, IMO.
GLA

KIE "Buy" rating has also just been reiterated by brokerage firm Liberum Capital today:

https://investing.thisismoney.co.uk/quote/KIE

Agreed, trading significantly under fair value here based on HUR fundamentals, and I believe the long delayed upward correction/move has now only just started.

DavePenny, Please can you share any relating article/news read here as even when searching thoroughly, ironically all I can find is still further positive news on KIE just out today (relating links below FYI):

https://www.pbctoday.co.uk/news/planning-construction-news/hybrid-scheme-in-ebbw-vale/77144/

http://www.leightimes.co.uk/article.cfm?id=127300&headline=Rochford%20Council%20appoints%20preferred%20bidder%20for%20regeneration%20programme§ionIs=news&searchyear=2020