Hunting Share Discussion Threads

[dope007] 12/11/2024 08:59

Sorry just seen

[harry_david] 12/11/2024 08:23

Good news, Cannacord.

[pyemckay] 09/11/2024 11:33

“We have a high level of confidence that new orders from other major energy companies will be secured in the short- to medium- term, as the advantages of the technology are captured by our clients.”


This is the sentence from the trading update that has made me buy more and wasnt picked up by many imo. The “seal-lockR21; technology is a big driver for the business going forward and the company seem highly confident of further orders.
I anticipate a return to £4 if further orders appear in the short or medium term.

[mfhmfh] 08/11/2024 23:02

Short position has reduced slightly.

[paleje] 07/11/2024 18:31

From Malcy's blog this afternoon:-

Sleepy Joe turned a blind eye to Iranian nuclear build up in order to get gasoline prices down to gain favour with the electorate, he also sold off the SPR, I suspect Trump will rebuild it. Oil stocks rose in sympathy, correctly but investors should look carefully at the oilfield service companies, modern day picks and shovels will probably do better as onshore USA including fraccing builds up. Obviously Schlumberger and Halliburton will do but take a look at Hunting where the price has recently fallen on reduction in guidance due to, yup you’ve got it, onshore US activity. Buy now while stocks last…

[paleje] 06/11/2024 09:00

Ditto Dope007, if it was reduced activity in North America due to poor sentiment/uncertainty that caused the small downward revision to forecast then logically that could change in our favour with Trump back. Slower to climb back up than they are to fall but the fall was overdone anyway.

[dope007] 06/11/2024 08:34

A Trump win is very good for Hunting imho

[empsey] 25/10/2024 17:28

I appear to have received 2 dividend payments today.
One was for the expected amount, the other slightly more.
HSBC brokers. Mistake or was there a special payment I was not aware of?
E.

[heialex1] 25/10/2024 10:57

Good pointMakes it look like an over reaction and a good opportunity to accumulate 6 month target of 380-400p

[mfhmfh] 24/10/2024 19:35

EBITDA for 2024 reduced to $123-126m from previously being $134-138m.

Share price has fallen by around 19%.

Share price on 29.02.24 at close of play when full year results were announced was 344.5p with EBITDA of $103m.

[mfhmfh] 23/10/2024 12:51

Berenberg cuts Hunting price target to 460 (520) pence - 'buy'

[volsung] 23/10/2024 09:16

People dressed up as animals fighting on a pub stage?
I think this could work.
Thoughts?

[dope007] 22/10/2024 12:35

Disappointing but will hold for now as still in profit here

[heialex1] 22/10/2024 08:13

Seems a big drop for a minor profit warningGlad I sold a bunch at 440Sad I didn't sell moreTempted to buy back in

[thevladslayer] 22/10/2024 07:25

timberrrrrrrrrrrrrrrrrrrrrrrrrrrrr

[edmonda] 22/10/2024 06:52

Today's Q3 update from Hunting plc has many positives but trading at Titan has not yet improved in H2. Equity Development lower EBITDA ests by 7% for FY24, but raise y/e net cash outcome
Their Fair Value now seen at 397p/share, as per new research note available here:

[dope007] 26/9/2024 10:29

Not got a clue on the drop. Anti oil? Pound strength? It looks very cheap again though

[texaspete2] 26/9/2024 08:07

I guess it must be nervousness around Israel and Lebanon not that HTGs customers are anywhere near there. Sterling strength and oil price pulling back today too perhaps.

[heialex1] 26/9/2024 07:53

What's with the big drop? Sold half of holding at 440 so tempted to buy back at these levels...

[dope007] 24/9/2024 11:30

See that on lots of stocks. Glaxo the same but in the end it a zero sum game. Currency moves up and down and they hedge

[texaspete2] 24/9/2024 11:01

Sterling strength I would suggest since HTGs revenue is in USD

[dope007] 24/9/2024 08:44

Are we back to the we hate oil trade again....