Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Infrastructure spending has historically proven to be one of the best ways to kick start an ailing economy in difficult times, it creates much needed jobs by building and maintaining UK's outdated roads, bridges, railways, hospitals, housing, ...etc...and providing much needed infrastructure services. Kier group being number-two in the UK construction market after Balfour Beatty (and please look at Balfour Beatty share performance only in recent weeks/months to see how undervalued KIE SP is IMO) is now extremely well positioned to participate and benefit from any increased spending which will eventually all get priced in this currently very much undervalued SP.
I believe most of the bad news may already priced in here and soon, we may be in for a period of painful airline consolidations where IAG could possibly benefit.
Weststowpods, All very valid points. Kier is now much better positioned than before, and with an excellent order book along with enormously improved balance sheet in place, shorts have also been consistently reducing their KIE positions. IMHO, future is extremely bright for Kier and it's shareholders.
Needless to say that Covid research results will now be the key for OXB sp direction, eagerly awaited!
KIE SP certainly knows how to truly rocket when it wants to, just a matter of time now and knowing that/when in the markets is impossible or genius, unless I sell of course and then from experience, I can almost guarantee it!
And great day to Add/Buy the dip today while seller is still around (which hopefully wont be for long) IMHO.
It's simply the old more risk/reward scenario IMHO, as more risk in buying into PM/Gold mining assets as oppose to physical gold; if things go well in mining then lots of upside and if not as they can on many fronts (mine closures due to Corona...., poor production/quality reports, management failures...etc...) as oppose to physical gold where risks are only price related but rewards can also be limited.
M4S, IMO, it looks like a fund has made a "strategic decision" to sell it's KIE holdings, as a seller has now been at large for some time. This could be for variety of reasons, my guess is that too many liquid options are currently available on the markets and they decided to either reallocate or even move to more defensive options, difficult to say. However, I am also in same camp and believe that over time KIE sp will have lots and lots more upsides for patient investors.
Following on my earlier comments here, please see shorttracker website link below FYI as stated:
https://shorttracker.co.uk/company/GB0004915632/
deemon1981, The shorts have been reducing their positions in recent weeks/months and just noted that since my last post on same subject only couple of days back, KIE short positions have been further reduced to now only 2.57% as per shorttracker website (link here below FYI); Volceon Capital further reduced it's KIE short position on 06 May.
As for KIE stock price, I am personally very positive, see massive upsides going forward as potential is there and SP has not yet moved while HB have already risen considerably but the signs of an imminent breakout are in place IMHO, also the latest KIE brokerage rating was about a week back and stated a price target of 200 for the KIE SP.
IMO, short term outlook for crude oil/O&G companies is bearish, supply is still way outstripping demand and as a result storage spaces filling up fast, however as for long term outlook (1year +), I am very bullish on crude/O&G companies as once demand again picks up while supply has dropped as it wont be easy to immediately increase the then required supply and as a result, relating deficit created will significantly lift crude oil prices in the longer term if of course some kind of normality returns (probably post a Vaccine IMO).
Kier is now a solid company, with the tail wind with us and a little bit of luck, hopefully we'll see Peel Hunt's 200 PT here a lot sooner than most expect.
Good news from Kier keeps flowing in on continuous basis, hope the SP will also soon begin to reflect same:
https://www.pbctoday.co.uk/news/planning-construction-news/highways-contract-surrey/75820/
https://constructionreviewonline.com/2020/05/planning-consent-for-next-residential-phase-at-watford-riverwell-in-uk-achieved/
IMO this has one of the most upsides available in the market today, KIE is much better positioned than the average HB who have recently significantly moved up while KIE SP has yet to make it's move, which with a bit of momentum could be massive going forward.
Last day of the month today, hopefully main seller is now done and KIE SP can commence it's long awaited ascent from current lows here ASAP going forward.
Interesting that just today brokerage firm Peel Hunt reiterated their Buy rating on Kier with stock PT of 200.
https://investing.thisismoney.co.uk/broker-views/
Eagerly here awaiting KIE SP takeoff from next week onward (or earlier!).
Seller probably reallocating portfolio, lots of stocks are moving but generally I agree here, KIE for sure has one of the most upsides presently available and construction sector is key to any UK recovery and by nature, also likely to be one of the earliest sectors to re-start full operations (HB have already moved up big time in recent days, now time for Kier).
Recently Kier seems to be doing great jobs all over, it now appears much better managed and a lot more efficient. Time for KIE SP to start reflecting same and if forward looking, massive upsides can be expected here soon IMO.
I certainly hope she is, I've got my money riding on her!