Web Site : http://www.kentz.com

Kentz Engineers & Constructors have been in the construction business for almost 90 years, operating in over 20 countries world-wide with a turnover of approximately $600 million. Kentz provide a full range of technical and project management skills, from design through procurement, construction, commissioning and start-up to assist world-wide clients in developing and upgrading facilities.

Kentz is a successful engineering contractor, which serves clients
primarily in the oil and gas, petrochemical and mining and metals sectors.
The Company's principal activities are the provision of mechanical,
electrical, controls and instrumentation engineering, construction and
management services

Kentz today is a truely international company with approximately 7,000 staff in Europe, Africa, the Middle East and Asia and is represented by subsidiaries and offices in over 20 countries world-wide.

Stock to Watch: Kentz Corporation
By Edmond Jackson | Tue, 27/03/2012 - 00:00
and who is this guy? ..... racing certainty he has a vested interest in pumping the stock

What youve never heard of Edmond ?????????????.

Bloody hell cyners hes been around for years.

A bit like you he says it as he sees it. Respected Stock analyst and media reporter.

You can find him on ample and on board across road posting.

Hes a decent chap cyners. youd like him.

perhaps i missed it, but did he say whether or not he had a financial interest in this company?

Not sure, he normally doesnt but if he does declares it.

fair enough then

Hard man to please You cyners . Your OK though.

indeed though had one hell of a lot going on in my life over the last 6 months or so, most of it good and interesting and now generally on the home straight ..... poor year in the markets, but did exceptionally well in previous two and this year has been very tough for everyone i think

Hope you are seeing the light at the end of the tunnel mate. Good luck.

not situations like that :-) .... just a lot of major projects all started coming together in a very short space of time instead of being nicely spread

looks as if these guys have some good projects on the go - found this interview with them, done today - Audio interview

Going after a pipeline of contracts worth $13.1 billion . This should see the company maintain its record of double digit EPS growth . The current rating fails to reflect this potential . Based on a consensus forecast 2013 EPS of 41.4p it trades on a price/earnings ratio of 8.9 against a sector average of 11.5. The irish company has a strong track record of execution and unlike mid-cap peers such as Cape and Lamprell has not blotted its copy book by warning on profits since becoming a public company in Feb 2008.Its robust performance is supported by a diverse business mix and wide geographical spread. It is active in the Americas,Canada, Dominican Republic, South Africa, Mozambique, Middle East, Russia and Australia and its client base is principally made up of blue chip companies.
The £427 million cap is good at positioning itself for future growth. A long-term training agreement with the Mozambique government ,for example, means Kentz is well placed to take advantage of the opportunities arising from the large liquefied natural gas facilities set to be developed off the country's coast.
The dividend yield, at 2.5%, is nmodest but the company is commited to a progressive policy and the dividend per share increased from 5.7c in 2008 to 12.3c in 2011.

Pre-close Trading Update
RNS
RNS Number : 8316V
Kentz Corporation Ltd
18 January 2013



Kentz Corporation Limited (the "Company")

Trading Update

London, 18 January 2013 - Kentz Corporation Limited (LSE: KENZ), the holding company of the Kentz engineering and construction group, announces a pre-close trading update ahead of its results for the year ended 31 December 2012, due to be published on 25 March 2013.

· Earnings per share (diluted) for 2012 in line with analyst consensus, reflecting strong growth on 2011

· Backlog of US$2.57 billion at the end of December 2012, up 7% from December 2011

· Order intake of US$1.72 billion to the end of December 2012

· Pipeline of prospects increased 32% to US$13.2 billion at December 2012 (December 2011: US$10.0 billion)

· Net cash balance of approx. US$220 million at the end of 2012



Christian Brown, Chief Executive Officer of Kentz commented:

"2012 was another successful year for Kentz in which the Company again delivered strong earnings growth. The outlook for 2013 continues to be positive with backlog growing to US$2.57 billion and over 65% of target 2013 revenues under contract.

"Our success in growing our backlog and sales pipeline is underpinned by our ability to successfully execute projects and secure repeat business from our major clients. Against this backdrop we have also added further opportunities to our pipeline of prospects all of which gives us excellent earnings visibility and confidence that we will deliver double digit earnings growth in 2013."

Operational update

Kentz's operations worldwide have performed very well during 2012 with growth achieved in the Construction and Technical Support Services business units. Continuing to strengthen the EPC business unit is a key focus for the Company and a range of options to achieve enhanced growth in this part of the Group are currently being assessed.

The order intake of US$1.72 billion in 2012 demonstrates continued ability to win new projects and achieve natural growth on existing contracts, in what remains an uncertain economic environment. Despite this climate, having over 65% revenue cover from orders on hand is in line with our expectations and also with prior years' experience. This achievement, coupled with the continuing solid margin levels supports our confidence in achieving our targets in 2013.

Cash Position

The Group's cash position remains strong. Net cash at the end of December 2012 was approximately US$220 million and provides a sound financial base from which to support continued growth.



Ends

Repeat business underpins healthy results at Kentz Corp.
Fri 18 Jan 2013

KENZ - Kentz Corporation Ltd
LONDON (SHARECAST) - The holding company of engineering and construction group Kentz Corporation has announced a pre-close trading update ahead of its results for the year ending December 31st.

The group announced a backlog of $2.57bn at the end of December, up 7.0% from December 2011, and an order intake of $1.72bn.

Pipeline prospects increased 32% to $13.2bn and the group had a net cash balance of approximately $220m at the end of 2012.

Christian Brown, Chief Executive Officer of Kentz, commented: “The outlook for 2013 continues to be positive with backlog growing to $2.57bn and over 65% of target 2013 revenues under contract.”

He added: "Our success in growing our backlog and sales pipeline is underpinned by our ability to successfully execute projects and secure repeat business from our major clients.

"Against this backdrop we have also added further opportunities to our pipeline of prospects all of which gives us excellent earnings visibility and confidence that we will deliver double digit earnings growth in 2013."

Sold my holding

Back on track..?

A bid from AMEC http://www.moneyam.com/action/news/showArticle?id=4652788

Drool...!!

Investec reiterates buy on Kentz, target increased from 600p to 775p.