Kentz Share Discussion Threads

[wylecoyote] 19/8/2013 07:10

Riv, I was thinking the same thing

[rivaldo] 19/8/2013 07:07

Two RNS's...so AMEC had 565p-580p rejected by KENZ. What a surprise. And M&W were similarly rejected, at an unknown level.

These guys are just trying to steal the company. To get serious they have to be bidding 650p+, and possibly 750p-800p given the potential and prospects - and the cash pile.

[wylecoyote] 19/8/2013 07:06

Why is it quiet on here?

[megabear] 18/8/2013 23:15

I would expect Chicago Bridge & Iron to also throw their hat into this ring. They could eat Kentz out of a year or so's free cash flow.

[rhodmoney] 18/8/2013 22:49

Should be good day tomorrow :)

[rolo7] 18/8/2013 20:09

just a though amec may make a cash and shares offer or any bidder might..

[gpd2] 18/8/2013 19:45

Tush Doshi joins Kentz from Jacobs, where he was Vice President of the European and African Field Services division and prior to that, he was a Director with Foster Wheeler. Tush was hired by Kentz specifically for his high level of quality EPC experience, having spent over 21 years with AMEC; culminating in the role of Director of Gas and Power in the Power and Process division. Whilst at AMEC, he was responsible for the strategic growth in several global regions for EPC and oversaw the development of the client relationships, strategic supply chain, and technology relationships needed to achieve this growth.

[spob] 18/8/2013 19:29

Or perhaps (475 * 1.2) + 120 = 690p minimum

[spob] 18/8/2013 19:15

So I'd be looking for at least a 20% premium to the current share price and net cash together.

Which means (475p + 120p) * 1.2 = 714p

Otherwise I'm happy to hold on to my shares

[spob] 18/8/2013 19:09

Kenz is holding 120p net cash per share as of last results

[spob] 18/8/2013 19:02

Given the cash held by kenz a FAIR offer would have to be north of 700p.

Any acquirer is not getting my cash Scott free.

They'll have to pay a heavy premium for it.

[rochdae] 18/8/2013 11:12

Fantastic ... if true.

[gswredland] 18/8/2013 09:21

Interesting . We will see eh?

[2bluelynn] 18/8/2013 09:00

Blue Sky here we come - Fantastic news hold tight all .

[rhatton] 18/8/2013 08:30

Awesome! Good find!

[rivaldo] 18/8/2013 08:07

Brilliant find cheaky monkey!

"It is thought the company could fetch up to 700p a share, valuing it at almost £820 million. It is possible that a deal could complete in the next few weeks."

Now we're talking - 700p is much more like it, and possibly understated given the cash pile and prospects. In a bid battle which is being mooted we might get say 750p-800p....

[cheaky monkey] 18/8/2013 07:53

Seems you are right 2blue! Article below from "Daily Mail" suggests vultures are circling!!! Monday morning could be fun.http://www.thisismoney.co.uk/money/news/article-2396159/Engineering-giant-Amec-eyes-800m-takeover-swoop-big-rival-Kentz.html?ito=feeds-newsxmlHold on tight now!CM

[2bluelynn] 16/8/2013 22:50

I would also be really interested to know what all your thoughts are for possible acquisitions in the next coming months for Kenz . Epic codes ect ... MDM .. Ect

[2bluelynn] 16/8/2013 22:43

News im sure is on the way . I've watched this share for a long - long time with interest and I'm quietly new to bb's ...I really Carnt understand why it's been so undervalued for such a long time . There seems a lot of interest recently with loads of big trades with good volume - big trades and also the Level 2 looks strong at the later part of the trading day which I always quiet like . I think as the chart goes £5 is looking really promising . I'm not a chartist but I like certain breaks in a share price . I've watched with caution all the way from £3.80.. ( when I got in ) to £4.00 - To £4.20 then the big one £4.50 break ... For me it was a real bullish signal with the volume .. I also feel the Support is know £4.50 so if the market falters over the coming weeks which is possible this should hold . This Just a opinion that has worked for me over the years . I also love roundish numbers I see so often with shares it buffers on a round number be it £3 £4 £5 I feel soon kentz will hit this £5 and then might drop back a touch for a good buying opportunity. I would top up and wait for the £5 break . If the £5 is broken I think we are in new territory and it will be blue sky for all of us .

[moopdoom] 16/8/2013 22:03

Looking attractive. Decent P/E, sharpe ratio, low volatility, low correlation with all share, breached 52-week high.Plenty of momentum to appeal institutional investors. Good times.

[rhatton] 16/8/2013 18:32

We shall see. It's been a strong and sustained rise so far. Interims in 6 trading days time so who knows. I think a rise up to interims and potentially a push past 500 on the day or day after before giving some ground to prepare for the next move to 550. Closing above 500p would be big IMO