Donate to Remove ads

Got a credit card? use our Credit Card & Finance Calculators

Thanks to johnstevens77,Bhoddhisatva,scotia,Anonymous,Cornytiv34, for Donating to support the site

Kier Group Trading Update

For discussion of the practicalities of setting up and operating income-portfolios which follow the HYP Group Guidelines. READ Guidelines before posting
Forum rules
Tight HYP discussions only please - OT please discuss in strategies
idpickering
The full Lemon
Posts: 11276
Joined: November 4th, 2016, 5:04 pm
Has thanked: 2468 times
Been thanked: 5763 times

Kier Group Trading Update

#113177

Postby idpickering » January 25th, 2018, 7:08 am

Kier Group plc, a leading property, residential, construction and services group, announces its trading update for the six months ended 31 December 2017, prior to announcing its results for the period on 15 March 2018.



The Group has traded in line with management's expectations in the period and has concluded its two-year portfolio simplification programme, in line with previous guidance. The Property and Residential divisions are delivering on their ROCE targets and operating margins have been maintained in the Construction and Services divisions.


Full item here;

https://www.investegate.co.uk/kier-grou ... 00048568C/

Pipsmum
Lemon Slice
Posts: 325
Joined: April 12th, 2017, 11:18 pm
Has thanked: 56 times
Been thanked: 125 times

Re: Kier Group Trading Update

#113199

Postby Pipsmum » January 25th, 2018, 8:58 am

Interesting article here with figures (from the 16th Jan)

http://www.iii.co.uk/articles/475014/st ... y-67-yield

Davidsb
2 Lemon pips
Posts: 197
Joined: November 17th, 2016, 5:51 pm
Has thanked: 318 times
Been thanked: 31 times

Re: Kier Group Trading Update

#113205

Postby Davidsb » January 25th, 2018, 9:07 am

And up 10% so far.....

It took KIE just eight months to climb from a low of 917p (July 2016) to a high of 1500p (March 2017), followed by ten months of steady decline to the 2017/8 low of c960p a few days ago. My last top-up was in December 2017, so KIE isn't currently on my buy list - but 7% dividend going forward is pretty tempting......

Arborbridge
The full Lemon
Posts: 10371
Joined: November 4th, 2016, 9:33 am
Has thanked: 3601 times
Been thanked: 5227 times

Re: Kier Group Trading Update

#113217

Postby Arborbridge » January 25th, 2018, 9:28 am

Davidsb wrote:And up 10% so far.....

It took KIE just eight months to climb from a low of 917p (July 2016) to a high of 1500p (March 2017), followed by ten months of steady decline to the 2017/8 low of c960p a few days ago. My last top-up was in December 2017, so KIE isn't currently on my buy list - but 7% dividend going forward is pretty tempting......


but 7% dividend going forward is pretty tempting...... ;)

Now, where have I heard that before :)

Davidsb
2 Lemon pips
Posts: 197
Joined: November 17th, 2016, 5:51 pm
Has thanked: 318 times
Been thanked: 31 times

Re: Kier Group Trading Update

#113810

Postby Davidsb » January 28th, 2018, 2:19 pm

Well, it's good to see that the siren sound of a stonking 7% yield is now a thing of the past - based on today's numbers from DL, Kier is now offering a minuscule 6.25% yield...

;¬)

Wizard
Lemon Quarter
Posts: 2829
Joined: November 7th, 2016, 8:22 am
Has thanked: 68 times
Been thanked: 1029 times

Re: Kier Group Trading Update

#113831

Postby Wizard » January 28th, 2018, 3:45 pm

Davidsb wrote:Well, it's good to see that the siren sound of a stonking 7% yield is now a thing of the past - based on today's numbers from DL, Kier is now offering a minuscule 6.25% yield...

;¬)

Yes, up nearly 20% in just a few days, all of a sudden the yield looks far less dangerous. Even so, a sector I am not interested in buying.

Terry.


Return to “HYP Practical (See Group Guidelines)”

Who is online

Users browsing this forum: No registered users and 10 guests