Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Saying that bim and h+s is is an overall overhead means you don't know the cost, if you work for kier, this would be why they possibly lose money, and to say smaller players are not at kiers level of h+s, well i beg to differ,
Had a scan of construction playbook, it seems to me it is a way of opening up projects to local, lower cost companies, with access to BIM and health and safety help, which is approx 20% of build costs, Homes England is ditching its frameworks for a bigger pool of contractors to do its work and who they supply land to. DYOR, construction index article. Big week ahead for all construction, with brexit in or out. Could affect material prices/supply and possibly labour, also i see construction playbook is ideas of government with the assistance of approx 30 large to medium industy players, may end up to be of the detriment of the larger players. Only time will tell, it could be telling in the homes sector, why kier living could be of interest to smaller companies or new to uk sector investors like GH to be taking a punt IMO, anyone know what % of kiers landbank is owned, without borrowing, it would show the true value, of current/future sites
DJF, i am my own person just because someone might like what I say, im interested in what everyone has to say, i trying to learn for future direct investing, i personally have lots of biotech shares and renewables held indirectly via vct, eis and seis, which have been doing nicely, but they are under control of fund managers, i intend having a go at investing in someone like kier, as i understand construction enough to see the pitfalls, for me though i would have to see dividends coming, i couldn't rely on share prices, as with the possible reduction in capital gains on the way, large gains in share price is not such a benefit, only 2 certainties in life, death and taxes
What if theres more to the guy h possible offer for KL, what if he wants some or all of the construction side of things as well, could that be why share price rising , thats why its taken a long time to be sorted, he has taken building companies in years gone by, with construction elements, turned one of them in to Germany biggest residential builder, before eventually selling his way out, DYOR, terra firma website, clever man/company and timing is everything, and he could get the money together,
Not sure if i said that, had a quick look over some old posts and didn't see. I do feel that the company is being set up for something to happen, i convinced it will be broken up, in to separate businesses, either by way of organised sale or but poss fire sale, cannot see it existing as a plc much longer, what will it be carillion or interserve???
I haven't said anything is looking up, if housing is so good for profits, why are kier selling?? If they do, they achieve nothing, debt pile isn't going down and the chances of a decent return on investment is taken away, house builders normally on double digit margins and construction quite often from the biggest players 1-2%, risks are very varied, do think house builders won't have it so good after March, unless the government extend stamp duty holiday
Kier plc owns shares in KL with a cost of £238m, deal done in December 19 so KL had no debt to Kier plc, making it ready for sale. So fact remains that if KL sold for around 100m this saddles kier plc with more losses, also why no share purchases by current officers of the company, except for their remuneration packages, if confident in the future. DYOR,, IAG might have large debt but fully supported cash raise, but this year has been bad for obvious reasons, but they know how to make large profits in good times, lets see how much Kier can produce on very low margin work, not long for the update
Kier already had an unsupported cash raise, banks picked up the pieces, they can't have another go, to my eye share price is mainly being driven by small investors, the fact remains their debt is horrendously high, with many short term cash saves, like tax and paye deferrals, even if they got 100m from KL, this would be swallowed up and basically paid straight to the government to clear these deferrals. As seen today, government handouts like given to tesco 585m are being demanded back, if work/business not really been affected , where would kier stand then, as utilities and roadworks along with a lot of construction never stopped
Putting head above the parapit, straight in front of administrators in the event of a fire sale, clever move as they normally take easy sales in the event of distressed companies, good way to be at the front of the queue for a purchase on the cheap, that's why nothing has probably progressed since last year, when almost the same story was reported,ultimately old news and everyone got excited, still a wait and see for me
December 17th is going to be interesting, then we will all see, agreed good price rise for those who bought in at the bottom, but worth around half of 12 month high still, and a long way off the &£11/12, area some people are holding at. Interesting about government news today, depends where the money gets spent, as to which companies benefit, but it will be have to be paid for somehow, word is capital gains tax is the main area to be hit hard, so big gains on shares great, but seeing a regular divi paid would be in most people's happier place
Nowhere near, don't do direct investing, just an observer, not wishing to upset anyone, but try to give input and give a balanced view. But is only mine, nothing to be won or lost by me. Learning for the future, when feel ready to daytrade in shares possibly.
Hi, just checked no large buys, large sell at the end, no justification for the current price rise, and good luck to all who are clawing back some losses, but be reminded that carillion had the same large ups in share price, only to be gone again just as quick and harder, trick is to know when to pull back, to my understanding, the fundamentals haven't altered, December 17th could ruin your Christmas, if the price can carry on rising, or maintain that long. My understanding, the government is going to tighten it's belt soon, TFL and crossrail 2, look like the first casualty, of this,
Just reading building magazine, and apparently Kier Living, now valued at £110 Million, down from £161Million, and original circa £200million value when originally put up for sale, why in a growth housing market, with plenty of government money going in to public/private housing partnerships is KL's value dropping. Thats why Bovis brought GT's partnership and linden homes business and paid strong for it
I'm still here,!! This could be very interesting, as kiers board will be forced either way to let the cat out of the bag. Good or bad??, they might be found out for not keeping the markets fully updated. Serious lack information been coming out lately, like i said with the headline, wait and see