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Kier Group - RESULTS OF RIGHTS ISSUE

Practical discussions about equity High-Yield Portfolios (HYP) for income
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Dod101
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Re: Kier Group - RESULTS OF RIGHTS ISSUE

#188633

Postby Dod101 » December 21st, 2018, 12:40 pm

Yes I am not suggesting that they are in anything like the same position as Carillion (I have never held either) just that posters for some reason were taking comfort from the continuing award of contracts to Carillion, even to the extent of buying their shares and adding to existing holdings very close to their demise.

The fact that Kier have acted decisively in raising cash, even in a rather discomfiting way for the underwriters, must give some comfort. I would not buy though.

Dod

monabri
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Re: Kier Group - RESULTS OF RIGHTS ISSUE

#189183

Postby monabri » December 24th, 2018, 5:26 pm

Quite a large change downwards in shorting levels. Now at 5.2%, down from 13.98% at the end of November.


https://shorttracker.co.uk/company/GB0004915632/

monabri
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Re: Kier Group - RESULTS OF RIGHTS ISSUE

#193093

Postby monabri » January 12th, 2019, 7:40 pm

Following on from the recent rights issue, it seems Mr Woodford wants changes at the top of Kier.

https://news.sky.com/story/amp/woodford ... r-11605466


p.s. visible shorting level now down to 2.97%.


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