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Kentz

November 2008

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:
  • 100p
No sign of an acquisition yet but alongside its results for the six months to 30 June, Kentz said this should be expected in the "near term." Results themselves were good with sales up 34% to US$328.6m, of which the Middle East was the biggest market accounting for 67% of sales. Pretax profit lifted by 52% to US$16.8m and eps were up 20% to 11 cents.In the Middle East Kentz operates from Saudi Arabia, Kuwait, Quatar and UAE and continues to see unprecedented levels of build activity particularly in large gas projects, refining, petrochemical plants but also for commercial and military infrastructure. This then explains the strong forward order book which at the end of June stood at US$698 but had improved to US$894m by the end of ...

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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.

All material on this website is protected by copyright. You may use Information retrieved from the www.scsw.co.uk website for your own personal non-commercial use which means that you may not sell or copy this information to any third party without prior written consent. ISSN 1358-183X

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