Kentz Share Discussion Threads

[alphahunter] 27/9/2013 16:04

WyleCoyote,
You're such an amazing investor, such a cool-headed trader. I'm impressed.

For the others, a profit-warning in the sector this morning, related to Brazil/Petrobas offshore. Where Kentz does tons of business with as we know. Lol

[wipo1] 27/9/2013 16:00

oops got my timing wrong. only bought small amount from my sale of centrica.volume is light on a down ftse day.

[wylecoyote] 27/9/2013 14:08

This is a shame.... I can't wait until it hits 4.00 again??? (If...)

[11023154] 26/9/2013 14:56

great opp, im in lets go.

[whizzy1] 26/9/2013 13:49

Just topped up.

[wipo1] 26/9/2013 00:01

Best of luck mayers.Valuation not too demanding with the cash pile which can be used for other acquisitions or a special dividend.

I did sell on bid news - i could not resist the profit. But back now and will drip feed on hopefully another upward trend again.

[mayers] 25/9/2013 20:24

Yes me too wipo1, on behalf of my son. With the new contracts in the light of the recent bid, I can't see this falling significantly. Famous last words!

[wipo1] 25/9/2013 11:04

I am back on board today 493.4p.:)

[rivaldo] 25/9/2013 09:23

Good in particular to see more higher margin EPC wins, one with a new client under an "ongoing agreement" which suggests more work to come.

[spudders] 25/9/2013 07:23

More contract wins :)))

[mdara] 24/9/2013 18:48

Could well do though the divi is only about 4p. Not the most generous of companies :)

[thuja2] 24/9/2013 18:42

I think Kenz goes ex tomorrow so could drop a bit then.

[shroder] 24/9/2013 16:05

That's a first, buying in at the low of the day :-))

[shroder] 24/9/2013 11:57

Thanks Rivaldo - looks very encouraging although I could have kicked myself for being slow off the mark pre-bid.

Managed to buy in today although it took three trades for a relatively small amount (10,000).

[rivaldo] 24/9/2013 11:48

Investec reiterate their 600p target and Buy rating:

hxxp://www.wkrb13.com/markets/210031/investec-reiterates-buy-rating-for-kentz-co-limited-kenz/

"Investec Reiterates Buy Rating for Kentz Co. Limited (KENZ)
Posted by Nolan Pearson on Sep 19th, 2013 // No Comments

Kentz Co. Limited logoInvestec reaffirmed their buy rating on shares of Kentz Co. Limited (LON:KENZ) in a report issued on Tuesday, Analyst Ratings Network.com reports. They currently have a GBX 600 ($9.53) target price on the stock.

Other equities research analysts have also recently issued reports about the stock. Analysts at HSBC raised their price target on shares of Kentz Co. Limited (LON:KENZ) from GBX 600 ($9.53) to GBX 615 ($9.77) in a research note to investors on Thursday, August 29th. They now have a neutral rating on the stock. Finally, analysts at Liberum Capital raised their price target on shares of Kentz Co. Limited (LON:KENZ) from GBX 590 ($9.37) to GBX 610 ($9.69) in a research note to investors on Thursday, August 29th. They now have a hold rating on the stock.

Three equities research analysts have rated the stock with a hold rating and two have assigned a buy rating to the company. Kentz Co. Limited has an average rating of Hold and an average price target of GBX 606.25 ($9.63)."

[wipo1] 20/9/2013 15:04

Wylecoyote, I don't think kenz will get back to 400p. I am looking to get back in if 475p holds, if not could see 450p?

[wylecoyote] 20/9/2013 14:32

Incredible,

I will be ready if this drops to below than 400.0p again.

[edmate] 18/9/2013 16:22

Naked trader is in too

[jeffian] 18/9/2013 14:23

rivaldo,

If you edit the url replacing the initial 't's with capitals (i.e. hTTp) you will overcome ADVFN's censorship and the link will be restored!

[a0148009] 18/9/2013 12:08

rivaldo - good post thank you.

AO

[rivaldo] 18/9/2013 09:39

Exactly H26.

The Amati UK Smaller Companies Fund have just released their August newsletter, and in they mention that in the month they initiated a new position in KENZ. Which is nice.

Good to see fund managers finally catching on :o))

hxxp://www.amatiglobal.com/documents/TB_Amati_UK_Smaller_Companies_Fund_Factsheet_A_Acc_Aug_2013.pdf

[haywards26] 17/9/2013 21:14

Good find Rivaldo. I wonder what increase in guidance we would see with the addition of one or two bolt on earnings enhancing acquisitions!? :)

[rivaldo] 17/9/2013 13:53

Good news - WH Ireland have today increased their EPS forecasts for next year by 6%, with a 600p target price.

They now go for $0.75 EPS (after $0.659 this year) - so that's around 48p EPS at $1.55. With 17.5c and 21c dividends respectively.

Here's what they say:

"Growth continuing into 2014
492p 600p

With the distractions of "possible offers" out of the way, we can focus on the
positive outlook for Kentz which was highlighted at the interim results. The
backlog has continued to grow and the active bidding pipeline gained momentum through 2Q13. As a result, we increase our 2014E EPS forecast by 6% to reflect the improving outlook. Reiterate Buy with an unchanged 600p TP.
Keith Morris
[phone]
[e-mail]

 With the withdrawal of the possible offers from Amec and M+W, we can now
comment on Kentz's interims results released at the end of August, which revealed further growth in the backlog and a strong bidding pipeline, which
underpin continued strong growth into 2014E.

 The company reported a 23% increase in adjusted EPS on the back of a 2%
increase in revenue (now including JVs under IFRS11). PBT margin improved
40bp to 7.1%. The dividend was increased 20% to 6.6c/share. The company
reported own cash of $179.2m, which is expected to grow further by end 2013.

 The main indicators of growth were an 11% increase in order intake resulting
in a 12% increase in the backlog to $2.8bn. A record $4.5bn of bids were
submitted in 2Q13, the momentum continuing into 2H13. Given the average 1:3 success rate, this supports further growth in order intake. The company
expects the backlog to increase to c.$3bn by year end which would give 17%
yoy growth. $1bn of the backlog is already booked for 2014, equating to 50%
of our forecast revenue, which is typical for the company at this time of year.

 On this basis, we see the company delivering its previous guidance of double
digit EPS growth in 2013 and this growth should continue into 2014. We increase our 2014E EPS by 6% to 75c, and reiterate our Buy recommendation and 600p TP based on 12.5x 2014E P/E (in line with the sector average 11x ex cash)."

[rivaldo] 17/9/2013 11:48

Interesting to see that the amount of short interest in KENZ has plummeted to zero!

hxxp://shorttracker.co.uk/company/JE00B28ZGP75/all

[smudgeroo] 17/9/2013 10:30

Nice backtest of the red trend line break. Risk for longs is below this red line. Long term all looks well from both a fundamental and technical perspective.