Kentz Share Discussion Threads

[wipo1] 09/10/2013 11:57

well done rimmy2000. I am back to break even. done well selling all my shares at 572-585p. i was unsure what to do with cash so got back in at the price just now, might top up a few more today if we get a pullback.

[rimmy2000] 09/10/2013 11:52

got in here at 471 t'other day :) Happy to hold. value has been proven by failed T/O offer.

[wipo1] 09/10/2013 11:48

A lot of buyers today :)

[rivaldo] 09/10/2013 11:42

Liberum have today upgraded KENZ to a Buy, with a 610p target:

hxxp://www.northforkvue.com/finance/14571/kentz-co-limited-rating-increased-to-buy-at-liberum-capital-kenz/

"Kentz Co. Limited Rating Increased to Buy at Liberum Capital (KENZ)
October 9th, 2013 - 0 comments - Filed Under - by Paige Hiatt

Kentz Co. Limited logoKentz Co. Limited (LON:KENZ) was upgraded by Liberum Capital to a "buy" rating in a research note issued on Wednesday, Analyst Ratings Net reports. The firm currently has a GBX 610 ($9.79) price target on the stock. Liberum Capital's target price indicates a potential upside of 27.02% from the stock's previous close.

Shares of Kentz Co. Limited (LON:KENZ) opened at 480.25 on Wednesday. Kentz Co. Limited has a 1-year low of GBX 354.99 and a 1-year high of GBX 600.00. The stock has a 50-day moving average of GBX 516.5 and a 200-day moving average of GBX 429.3. The company's market cap is £565.8 million.

Other equities research analysts have also recently issued reports about the stock. Analysts at Investec reiterated a "buy" rating on shares of Kentz Co. Limited in a research note to investors on Tuesday, September 17th. They now have a GBX 600 ($9.63) price target on the stock. Separately, analysts at HSBC raised their price target on shares of Kentz Co. Limited from GBX 600 ($9.63) to GBX 615 ($9.87) in a research note to investors on Thursday, August 29th. They now have a "neutral" rating on the stock. Finally, analysts at HSBC raised their price target on shares of Kentz Co. Limited from GBX 600 ($9.63) to GBX 615 ($9.87) in a research note to investors on Thursday, August 29th. They now have a "neutral" rating on the stock. Two analysts have rated the stock with a hold rating and three have issued a buy rating to the stock. Kentz Co. Limited currently has an average rating of "Buy" and a consensus target price of GBX 606.25 ($9.73)."

[rivaldo] 08/10/2013 07:35

Nice vote of confidence this morning from Qatar with another contract from Qatargas:

[sheyac] 04/10/2013 10:28

Thanks for the responses. I only hold and follow a few shares so not aware of wider market action. I bought in at 370 in june and resisted the temptation to sell after the bid anouncement at 590. Regretting my decision now so hoping the market realizes the value to at least 565p (as Amec's lower end).
I topped up my holding at 485 so hoping its bottomed out, though I feel as though im trying to catch a falling knife now!

[chickcrumbs] 04/10/2013 10:18

Bought a small position yesterday with a buy order to pick more up at 456 if it goes down over next couple of weeks on the back of adverse market news e.g. USA etc. Looks good for a long term hold, I'm not too good at selling so choose fairly carefully. Hope I'm right?

[hatter2] 04/10/2013 10:03

Sheyac, don't think much is happening at all with Mr Market and the recognition of what a cracking company Kentz is: AMEC certainly tried to buy it on the cheap according to the BODs. In my opinion, it's just a question of long term hold of a high quality stock where the investor either gets his reward by share price appreciation or a big boy buys it.
I intend to look only occasionally at the share price for Kentz and wait for quality to win in the long haul.
I was very fortunate to buy a decent holding of thee at 380p when the share price was depressed back in June 13. Wish I was always that lucky!

[sheyac] 04/10/2013 09:48

Any ideas what is happening with this? What is with the low volume and small share price changes?

[spudders] 01/10/2013 07:24

More great news, I expect we will be marked down again today :( one day value will out.

[alphahunter] 29/9/2013 21:07

999plunger, thanks for these interesting and argumented comments. Mine were ironic, Kentz does not do any business with Petrobas indeed, if one is to glance their presentations.
Vallourec was down 9% on Friday after warning of delays on offshore contracts there. Petrobas has been mirred in bureaucratic and political wrangles for the last 2 years, which has generated a lots of frustration and occasional profit warnings among deep offshore service suppliers for what I can read.

[rp19] 28/9/2013 22:41

I will be piling in if that happens! Can't see it tho.

[ohisay] 28/9/2013 12:37

We can but hope.

[999plunger] 27/9/2013 23:13

Alphahunter - As someone who knows a little more about where Kentz opperate I have no knowlege of any interest they have in S America. Certainly they have some involvement offshore in the rest of the world however the majority of their activities are onshore in the downstream side on the Oil & Gas business. To the best of my knowlege their last offshore (Upstream) project was in Qatar.
The Soothsayer is ready to be corrected!
Also stay well clear of Brazil in your emerging market portfolios. My company has lost its shirt after investing 2 billion US$ in the largest Brazilian offshore company run by the 5th richest man in the world. Now he's probably the 1005th richest man in the world!
For those who have not ventured at length into the Company's (Kentz not mine - as if I would divulge that) website there are some interesting publications available to peruse. As well as the usual newcomers and interviews with personnel new and existing contacts are also described in a little more detail. Obviously not all the existing contracts are included but generally all new contacts are described. Hope this may be of interest rather than the email flashes we all receive from the company which half the time they don't underline so you cant click and go straight to the website. But their angain it is basically a company with Irish roots. PS I did previously mention my wife was Irish didn't I? Hope this gets some smiles going for the weekend.

[999plunger] 27/9/2013 22:45

WyleCoyote I'm with you on the £4.00 share price For some (unknown) reason my last posting was not posted. I'm also looking for the opportunity to buy in again but you know what they say. You have as much chance of seeing that level again as "pigs could fly". Then if the impossible did occur you try commodities and buy pork bellies as bacon would go up!!!! Maybe the thread "minder" doesn't appreaciate my sense of humour. Did warn you all to take profit on at least 50% of your shareholding when it peaked or just after it peaked and certaily before the big drop. The Soothsayer was correct - again.

[dibbs] 27/9/2013 22:13

RSI well into oversold territory. I'd say KENZ is looking interesting for a trade from this level.

Dibbs

[sheyac] 27/9/2013 17:31

It's traded with very low volume so doesn't that mean the share price is meaningless?

[wipo1] 27/9/2013 17:19

pyemckay, I think 475p is support so tested that again today. Glad i only bought small amount

[whizzy1] 27/9/2013 16:37

3% down, no news, no volume, looks shakey to me.

[ohisay] 27/9/2013 16:34

Hopefully (as I used to hope they'd go sub 370p in the good old days).

[pyemckay] 27/9/2013 16:32

these have 450 written all over them.