Menu
Close

Kier share price movement

lse:jmat

#1

How can a plc company be in the 80 p zone and in a matter of trading days be priced 130p+ ? There’s been no announcement on asset sales, debt reduction nor major contracts secured at good margins.

I think the market is expecting K to secure work on HS2 and other HMG work leaving K to increase margin on non HMG work. Is the scenario able to generate good returns ?