Updates

Kentz

May 2012

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.

Overshadowing the good results this month has been news that Kerbet, a vehicle for two of the Malaysian non executives, has sold 15m shares or 12.9% of the shares at 430p a share. The shares had been 490p before the news and Kerbet retains 15.8%.The results themselves were as good as could be expected with sales up a third to US$1.37bn and pretax profit by 22% to US$83.1m (eps of 32.1p).Growth was seen in each of the three business units but there was a change in mix/margins. In EPC, revenue was up 5% and technical support was up 26%. There was however a 48% increase in construction work (carrying out structural, mechanical and piping work) as a consequence of Kentz broadening its client base away from oil & gas a ...

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Alternative Networks

Scapa - Going to beat market forecasts

Kentz - Bid approach at 935p a share (July 2014)

Kentz - Receices two bid approaches (September 2013)

Kentz (August 2012)

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Kentz (February 2012)

Kentz - To exceed market expectations (March 2011)

Kentz - Record US$1.5bn order book (February 2010)

Kentz (October 2009)

Kentz (July 2009)

Kentz (June 2009)

Kentz (February 2009)

Kentz (November 2008)

Kentz - Results on 15 September (September 2008)

Kentz - 80% of order book from Middle East (August 2008)

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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