Kier Group Trading Update.

[idpickering]

Here; viewtopic.php?f=94&t=17932

Ian.

[JoyofBrex8889]

Wow. Brutal share price fall, reminiscent of Carillion. 90% loss of capital over the last several years.

40% dividend yield anyone? Anyone?



Best high yield opportunity going: until it cancels the dividend to save cash, that is.

[idpickering]

Wow. Brutal share price fall, reminiscent of Carillion. 90% loss of capital over the last several years.

40% dividend yield anyone? Anyone?



Best high yield opportunity going: until it cancels the dividend to save cash, that is.

Good heavens. Sp down 42% as I type. My sympathy towards holders. I did look at them a few years ago when I held Carillion, but never bought into the Kier.

Ian.

[Dod101]

With the share price of KIE currently below 409p, why does KIEN have any value at all? Who would pay 6p for the right to purchase a share at 409p when you can just buy KIE for 382p? (did not update prices for simplicity in following).

Share price quoted at 163p a few minutes ago. Contractors are not a good place to be

\Dod

Moderator Message:
Moved here so as to be more on-topic. - Chris

[JoyofBrex8889]

The whole company is valued at less than the amount raised by the rights issue in December!

Edit to add: the Kuvari short presentation that was circulated around last year has proved to be distressingly accurate. They got Carillion right also, so I will take close note of their position and opinion carefully in future.

Edit 2: checking here: https://whalewisdom.com/filer/kuvari-pa ... tions_link

I see they also correctly spotted Mitie as a target.

[AsleepInYorkshire]

Wow. Brutal share price fall, reminiscent of Carillion. 90% loss of capital over the last several years.

40% dividend yield anyone? Anyone?



Best high yield opportunity going: until it cancels the dividend to save cash, that is.

Hobson: I'm Wary of Spire but Upbeat on Kier
21 September, 2018
http://www.morningstar.co.uk/uk/news/17 ... -kier.aspx

AiY

[JoyofBrex8889]

Wow. Brutal share price fall, reminiscent of Carillion. 90% loss of capital over the last several years.

40% dividend yield anyone? Anyone?



Best high yield opportunity going: until it cancels the dividend to save cash, that is.

Hobson: I'm Wary of Spire but Upbeat on Kier
21 September, 2018
http://www.morningstar.co.uk/uk/news/17 ... -kier.aspx

AiY

Oh dear. He called that one wrong.

[Gengulphus]

Kier has now suspended its dividends. This is (IMHO) a significant enough piece of news in HYP terms to be worth drawing to HYPers' attention with a new thread and thread title, so I've done so - see viewtopic.php?f=15&t=18133.

Gengulphus

[JoyofBrex8889]

Now down at 110p. Seems more like Carillion every time I look....

I called dividend cut up thread! (not the hardest piece of prognostication I have ever had to do at 40% yield fc..... Still gratifying to be proved right....)

If I were a holder I would be taking any price I could get and running for the exit. Its priced as junk equity for a reason.

[JamesMuenchen]

An analysis by an old Fool (PaulyPilot)
https://app.stockopedia.com/content/sma ... tgs-484161

[monabri]

An analysis by an old Fool (PaulyPilot)
https://app.stockopedia.com/content/sma ... tgs-484161

Unfortunately needs access to stockopedia to read the article by PaulyPilot ( is PaulyPilot the author mentioned in the Stockopedia advert, Paul Scott ?)

[MDW1954]

Is PaulyPilot the author mentioned in the Stockopedia advert, Paul Scott ?)

Yes. He's an ex-FD, too.

MDW1954

[paulnumbers]

Highlighting the risk of predictions

https://www.youtube.com/watch?v=-ByMTlS0dKA&t=8m8s

[PMTI]

An analysis by an old Fool (PaulyPilot)
https://app.stockopedia.com/content/sma ... tgs-484161

Unfortunately needs access to stockopedia to read the article by PaulyPilot ( is PaulyPilot the author mentioned in the Stockopedia advert, Paul Scott ?)

Can anyone give the gist of PaulyPilot's analysis?

[PinkDalek]

Can anyone give the gist of PaulyPilot's analysis?

In so far as this board is concerned, it might well be that they are no longer High Yield.

Edit: Gengulphus commenced a Kier dividend suspension thread here:

viewtopic.php?f=15&t=18133#p230046