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Kentz

  • 14-06-2012 9:55am
    #1
    GetWithIt
    Registered Users, Registered Users 2 Posts: 2,081 ✭✭✭


    Anyone know why Kentz is off so much, ~8% at the moment?

    I've followed them for a long time, from 200 to 500 and now down to 340. They are now at a P/E of 10.7 with a yield of 4.5%.

    There doesn't appear to be any news for what isn't by any means a penny share.


Comments

  • #2
    HowFinancial
    Registered Users, Registered Users 2 Posts: 71 ✭✭HowFinancial


    This could be possible trigger:

    http://www.irishtimes.com/newspaper/breaking/2012/0404/breaking15.html


  • #3
    delux
    Registered Users, Registered Users 2 Posts: 153 ✭✭delux


    Yea i read something similar that it was related to an increase in shares released to the market rather than any issue with the company itself.

    I wonder how it works though if someone wants to sell their 10% stake, is it sold in drips over a long period rather than all at once or what's the mechanics behind it?


  • #4
    delux
    Registered Users, Registered Users 2 Posts: 153 ✭✭delux


    Good news from Kentz today :D


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