Kier Group - Re: KIE Stream Log - Luckily, most of Kier's work...

Luckily, most of Kier's work is local authority and regional groups. Kier is known as a regional construction company. HS2 isn't a big part of its work. Only has 2 small HS2 contracts out of something like 30 that have been signed on. Neither has broken ground. Kier has around 1,000 regional projects; that's where it's market is. When all the builders dropped the other day on Brexit news, Kier didn't move 1p. Solid resilient order book, with new contracts won practically every day. Results out on the 19th next. Expecting some writedown, but as long as debt is not going up, some asset sales and any kind of profit, with good turnover, this share should take off. Currently it's priced to fail. Anything less than a disaster in the results and the share price will probably hit the broker targets of today (£2). Might be volatile between then and now, but I'm buying on any significant drops. Also, one hedge-fund shorter appears to be closing its short (Squarepoint) reducing every few days and will soon be at zero. The other hedge funds not moving yet.