BUZZ-Kentz: well-oiled, eyes on cash flow
Oil services firm Kentz (Frankfurt: 3UJ.F - news) continues to pull away ahead of rivals that are still grappling with project delays and spending cuts by the oil majors.
** Reports a 12.6 percent rise in 2013 profit and a small expansion in margins.
** Expect earnings upgrades from the Street to 2014 estimates on back of results. Stock ranks better than 98% of its regional peers on revision momentum per StarMine.
** Kentz's TSS (Technical Support Services) unit, its highest margin business, driving earnings.
** Shares have seen a stellar outperformance vs rivals over past year. http://link.reuters.com/raf87v
** One red flag is in the form of cash flow with Liberium pointing out that 2013 cash generation was weaker than expected.
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