Is this an opportunity to take a position ahead of the results?

Kier Group is due to report results this Thursday, 20th September

• The chart shows the price movements last time Kier Group reported.
• The last time Kier Group issued results in mid-July, the share price moved 40p higher.
• Shares rose after Kier Group reported that FY profit is expected in line with expectations and extended two infrastructure contracts.
• Kier Group will issue FY results on Thurs, 20 Sept
• Recent share price: 1 month lows were at 887p. 1 month high at 1,037p. Currently at 1,020p (at time of writing).

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Trading Kier Group – An Example

Let’s say you think that Kier Group results are likely to be good, and the price is likely to rise. You decide to buy exposure to £10,000 worth of Kier Group using a CFD, at the current price of 1,020p. To do this, you need £2,000.

For the purpose of this example, let’s assume Kier Group reports strong results and the share price rises by 6%. Your profit would be £600, from your initial investment of £2,000.

Conversely, let’s assume you open the above position, and place a stop-loss at 4% from the current price of 1,020p. Kier Group results miss, it falls 4% and hits your stop-loss. Your loss would be £400.

This is provided for information purposes only. It should not be taken as a recommendation.