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More people died of Malaria than Ebola during that crisis.
The lethality of the virus isn't the problem. The problem is the social, economic and healthcare impacts of the actions we take to stop it.
We are heading towards an already struggling NHS dropping off a cliff. No GDP growth this year.
Good job they got that boost in the last month, or the threat to the highways pipeline (which is regularly touted as their underlying strength) would probably have done for them.
They need two lots of good news in a row at some point!
Not sure how much credit can be given to Kier for the service contracts coming to an end which they inherited from Mouchel and other ill advised acquisitions. Yes, it is good these have ended as they were never core business, but I'm not sure it can be considered radical reorganisation. The price already reflects that they've said they will concentrate on core business, the question is can they fund it?
How many shares are you holding? I'm new to this but not clear the value of posting the cash total you've invested each time. Did you buy £75k when the shares were over £10? Did you buy £75k when they were 80p? Not sure what you are telling us.
As with everything to do with Kier recently (up and down), it is overblown and nobody knows if there is any substance behind it. I do hope for everyone's sake that the 3 days of big rises we have had are the start of a stable recovery.
The difficulty will be whether they have sufficient short term cashflow to fund the changes needed to improve long term cashflow. I do believe they are heading in the right direction, but they've been heading in that direction for a long time and keep tripping over more bits of bad news.
Their god awful low margin contracts were a terrible decision, and many believe that they haven't yet released all of the bad news. It hasn't been long enough to start talking about the 'previous board'. This is still the same company facing ever tighter cash restrictions, and any potential buyer for their assets knows this.
Giving senior managers the boot is fine for savings in the long term, but that is still on the assumption that there is a long term for this to come into effect. The costs of winding down the parts of the business which have been servicing low margin frameworks are going to be a major burden on their assets. The potential buyers for these assets know that, and may well hold off to see how desperate things can get.
It is more a question of how much of that pipeline is going to materialise, when will it come through and how much of it is going to be profitable.
Hopefully most of the low margin work they inherited from buying other companies has now been shunted off, but can we really believe that the £10b has been assessed correctly?
Sadly I think they've made the adjustments too late. Took on too many low margin government contracts during a period that the government were cutting everything in sight. With no decisive government in place at the moment I don't see anything for Kier to bank on going forward. On plenty of frameworks but that isn't any guarantee of business or profit in the next two years. I hope they recover but it looks to be too late.