Three Directors at Kier Group bought 45,803 shares at between 123p and 125p. The significance rating of the trade was 59/100. Is that information sufficient for you to make an investment decision? This report gives details of those trades and adds context and analysis to them such that you can judge whether these trading decisions are ones worth following. Included in the report is a detailed share price chart which plots discretionary trades by all the company's directors over the last two ye...
Summary Marketline's Renew Holdings plc Mergers & Acquisitions (M&A), Partnerships & Alliances and Investments report includes business description, detailed reports on mergers and acquisitions (M&A), divestments, capital raisings, venture capital investments, ownership and partnership transactions undertaken by Renew Holdings plc - Mergers & Acquisitions (M&A), Partnerships & Alliances since January2007. Marketline's Company Mergers & Acquisitions (M&A), Partnerships & Alliances and Investmen...
We believe in a positive outlook for Infrastructure despite ‘re-phasing’ and ‘rescoping’, although there may be upward pressure on the interest cost. The Infrastructure Services division has been restructured to better align it with the evolving needs of its customers. The HS2 contract we visited show-cases Kier’s systems integration and partnering skills. We expect that Lots C2 and C3 (C23) are worth very material contracts. Kier has passed the stress test of high inflation. Delays on HS2 are u...
The H1 23 results were strong and ahead of our estimates. We make four key points: 1) Management’s medium-term targets suggest EBIT of c. £150m and we expect this to be achieved in FY 25; 2) This is the third consecutive set of results to have met or exceeded the margin target, suggesting that it is conservatively set; 3) The order book increased to £10.1bn at H1 23, which points to improving sales growth with little anticipated impact from HS2 and Road delays; and 4) We expect a full dividend i...
The H1 23 results were strong with an EBIT Margin of 3.7% vs the target of 3.5% - H1 23 FD EPS increased 13% to 8.5p. Average month end net debt was £243m at H1 23, in line with guidance as the group focussed on reducing debt-like items. We decrease our FY 23 FD EPS estimate by 1% as increased interest costs are largely offset by a reduced share count. We reduce our FY 23 average net debt estimate from £251m to £243m due to slightly better cash flow and as management guides to a spot net cash po...
Kier traded in line with expectations in H1 23 and we maintain our H1 23 FD EPS estimate of 7.2p. We maintain our headline earnings estimates. We also maintain our FY 23 average net debt estimate of £251m, given the expectation of stronger cash flow in H2. Management’s medium-term targets suggest EBIT of c. £150m which is only 8% ahead of our FY 24 estimate. We believe material shortages and input costs are moderating and continue to be managed. The order book has increased 3% since year end to ...
KIER GROUP (GB), a company active in the Heavy Construction industry, now shows a lower overall rating. The independent financial analyst theScreener confirms the fundamental rating of 2 out of 4 stars. However, the market behaviour deterioration triggered a risk requalification, which can be thus described as moderately risky. theScreener believes that increased risk justifies the general evaluation downgrade to Neutral. As of the analysis date February 22, 2022, the closing price was GBp 94.80...
Full Article at IIR has reaffirmed its Recommended rating for PIA after undertaking a review post the appointment of a new Portfolio Manager, Harding Loevner. The full report can be found on the IIR website. On 26 July 2021, Pengana International Equities Limited (PIA) announced a fully franked dividend of 1.35 cents per share for the June quarter. This represents an 8% increase on the March quarter dividend and takes the total dividends declared for FY21 of 5.1 cents per share, fully franked....
Remain Overweight Value, Small-Caps; Downgrading Health Care To Underweight Thus far, the market's recent consolidation phase has proven to be a buying opportunity as noted in our 3/1/21 ETF Pathfinder, supported by the reality that market dynamics remained largely positive throughout the pullback. Leadership areas including value (VTV, VBR) and small-caps (IJR) are already breaking to new price highs -- remain overweight and add exposure on pullbacks. · S&P 500. Our 3750-3694 support ...
Currently '(TM) Value Indicator - UK Construction & Materials Sector' is a value analysis of the Construction & Materials super sector of quoted companies on The London Stock Exchange's Main market that provides the user with indicative long-term target prices. The publication is also available on request at
Currently '(TM) Value Indicator - Main Market' is a value analysis of the Basic Resources, Construction & Materials, Telcoms and Utilities sectors of quoted companies on The London Stock Exchange's Main market that provides the user with indicative long-term trading indicators and indicative target prices. The publication is also available on request at
Curently '(TM)Value Indicator - UK construction & materials' is a value analysis of the Construction & Materials super sector of quoted companies on the London Stock Exchange's main market that provides the reader with indicative longer-term target prices.
Unfortunately, this report is not available for the investor type or country you selected.
Report is subscription only.
Thank you, your report is ready.
Thank you, your report is ready.