catching falling knives

1632 days ago

Neil Woodford Disaster of the day 3: Kier – trading in-line (i.e. grim) and the rats are leaving the sinking ship

Today’s AGM at Kier (KIE) will not be a jolly affair. There is no update on planned disposals. The ghost in the room is the absence of Mr Neil Woodford the expert catcher of falling knives and the shares now trade at less than 90p, down from 800p a year ago and 1400p three years ago.

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