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KL is within a booming sector. KG have been awarded some notable contracts going forward. The current BoD'S have been 'streamlining' the business for more than 18months and aiming to cost save £100m this financial year - so why is the SP heading for a point of no return i.e. A Carriliion !!???

Steve
A very sobbering assessment which unfortunately may be correct, but I'm still of the opinion that this is a turnaround potential which has great potential returns from these low levels for shareholders willing to take the risk. Fingers crossed.

The retreat in the SP of late has been remarkable and disappointing for all shareholders, however when you take into account the current market cap of £80million and the ongoing business and potential sale of KL anyone looking to invest in a turnaround story need look no further. Full of potential upside IMO.

Another RNS confirming an entitled allocation of shares under the t/c's of the employment contract. How disappointing it is that none the the Directors feel confident enough to make outright purchases for themselves - even at these bombed out levels, its a little dispiriting!

From highways to hospitals Kier is a principal contractor. Its now down to the management to execute the current projects efficiently and profitably. HS2 starts iminately so together with the ongoing projects profits should roll in!? KL could also have found a buyer? Upside potential speaks for itself.

Steve72
A very skeptical view IMO. I'm 'half glass is half full' sort of guy and where's there smoke......!!!!!

Yes, very odd, the prevalence of 1 to 2 share trades and low volume and the SP as I write is up 7% - odd!!

Is it an ' dead cat bounce ' or is something going on - no real big buys either!?

Is this silence KIE's way of getting back at the market makers when they release the ' good ' news??!!

In light of what can be called a SP crash, there ought to be some immediate announcement to placate the doomsayers. existing shareholders are being punished for loyalty to this stock, where are the updates not just the expected ones??

Its real quite amazing that the SP opens negative on a news day when two very positives for kier is announced, HS2 and Housing!

Marked10
I completely agree with you about any possibility of a RI. The SP certainly reflects this possibility. The SP also reflects that the ongoing business which is KIE is not profitable and the Board of Directors are novices and don't understand business fundamentals - really?!! KL should be worth considerably more than it was prior to Covid given the level of activity in the residential market - this is one small part of what is a positive picture that is KIE. Hang on in there the SP will not languish for any length of time at these low levels.

Another day, another contact win. Unless these contracts are priced with such tight margins that profit margins are squeezed then there might be some justification of a sub 60p SP - IMO I don't believe the board of directors would be going down such a route, so all indications are we are in for a correction on the upside post Sept. 12th - I certainly hope so!!!

The current SP which equates to a £100m valuation for the group. There appears to be no value given to the existing order book, works in progress, KL ( housing is booming !! ) , and goodwill which within the construction sector should command a premium. Kier should release, without delay, some form of statement to explain the prevailing situation and to confirm that the doomsayers have got it wrong or not as the case maybe?

The SP is completely out of sync with the value of the business, unless projects are being carried out at a loss and or there is a skeleton lurking in the cupboard - something is amiss, but still IMO there is real unrecognized value in KIE. A statement from KIE would not go amiss.

Excellent news, the article says it all, however the current KIE SP has discounted this positive news surrounding whats actually going on in the sector by 100 %. Hopefully this will soon change?

Very impressive performance by KIE, again! Unless KIE are winning unprofitable contracts, which I assume is not the case as KIE came second recently £10m behind the winning contractor at £40m. So we can assume these impressive wins have the right profit margins which will feed in to the bottom line. Another compelling reason to hold and add more KIE shares. IMO.

I'm completely perplexed as to why the SP is only 1 tenth of the suggested fair value. We all know the story, excellent order book, Government contracts, long and short term ' guaranteed ' projects, KLetc, etc..etc.....!!!!!
So why is the SP at levels of a company about to go into liquidation?

There are 92 pages of projects won dating from the most recent - very impressive and highlights how potentially oversold the SP is.

Not certain if the ruling announced earlier has something to do with the uplift in SP? along with another £160m contract win the SP really did need this kind of support, more to come IMO!