I spent two years working along Sam Bottell as he worked with minesite.com and oilbarrel.com and he is a good, honest and clever chap. Now that he is starting his career freelance writing as well as an organiser of the UKInvestor Show I have no hesitation in helping him along via this blog as a guest contributor. As such I bring to your attention a share tip from TradingResearch Point on Kentz where Sam has already been correct and is now doubling up.
It is always something of a risk recommending a share ahead of a trading statement. I took that risk with Kentz Corporation (KENZ) on January 6th and a trading statement today vindicated that call: earnings are in line with what I expected, the order backlog better than expected as was the net cash position. The last time I commented the shares were 381p – they closed today at 424p, valuing the company at £498 million.
on TradingResearchPoint | Comments