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Jonathon you are right the share price as been desroyed.
I haven't received payment fo my KCOM shares, anyone else still waiting ?
There'll be a contingency cost for 'dusruption' in the project's risk planning, so ultimately, the client pays. Kier has about 900 other projects too. No anti-prison campaigners on most of them.
Kier went up 15% today btw. Closed at £1.34. Been climbing for 4 days now.
I'm reposting this because of the spammer below filling this screen (jeromedo). Regarding Kier, shorts are closing and people are buying in. Volume is high today and yesterday. Share price represents about 1.5 year's earnings; way too low. Broker notes put 150p as near-term target. I'm invested and aiming for £4 before year-end. Debt is reducing, even without selling Kier Living, according to the numbers in the recent RNS. All seems good as far as I can see. Hedge-fund inspired hysteria through shorting, people comparing it to Carillion. Now returning to normal. Not like Carillion after all. Debt is under control, good contracts, seems to win new ones every other day.
Colin Bird uses the word "soon". is this the same meaning as Leons "imminent". They are both a bunch a CONS.
Shorts are closing and people are buying in. Volume is high today and yesterday. Share price represents about 1.5 year's earnings; way too low. Broker notes put 150p as near-term target. I'm invested and aiming for £4 before year-end. Debt is reducing, even without selling Kier Living, according to the numbers in the recent RNS. All seems good as far as I can see. Hedge-fund inspired hysteria through shorting, people comparing it to Carillion. Now returning to normal. Not like Carillion after all. Debt is under control, good contracts, seems to win new ones every other day.
Leon u are a master at buggering up a vmpanies