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Authoritative Independent Monthly Share Selections Using Technical & Fundamental Analysis

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Kentz - Ex-cash prospective PE just 8.7

May 2013

Investing in shares may lose you all or some of your money. Past performance is no indication of future performance. Some of the shares recommended here may be small company shares, which can be relatively illiquid and hard to trade and this makes such shares more risky than other investments.

  • Epic Code:
  • KENZ
  • Price:
  • 381p
Although the shares have moved sideways the last couple of years final results may finally galvanise them to break into higher ground. For the year to 31 December Kentz increased revenues 6% to US$1.56bn while pretax profit rose 325% to US$104.8m. Eps increased from 49 cents to 58 cents, while “own†cash was virtually unchanged at US$180.5m.Against the backdrop of strong oil prices and high capital spending from clients Kentz, which is involved in the erection of accommodation blocks and support infrastructure for new build projects such as LNG plants and oil terminals, grew revenues in Australasia (+11% to US$374m) and America (+235% to US$247m), with the Middle East flat (+1% to US$425m). The only down territory was Africa (m ...

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With small companies there is an above average degree of risk compared to buying blue chips. Please be aware that we have not assessed the suitability of any of these investments for you. The newsletter simply states a personal view and diarises the editor’s investment decisions. Please speak to your stockbroker or other qualified individual to ascertain whether any of these companies mentioned would form useful additions to your own portfolios. Past performance is no indication of future success.

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