Hunting Share Discussion Threads

[imastu pidgitaswell] 24/3/2021 09:12

https://uk.advfn.com/cmn/fbb/thread.php3?id=8067302&from=19971

[imastu pidgitaswell] 24/3/2021 09:01

Apologies all - the only reason that stuff is on here is because I posted on here yesterday, it is therefore showing in my profile as a recent post and he's trying to embarrass me by putting those posts on the threads that I frequent. Had I not done that yesterday, and had he bothered to read the thread and noticed that I rarely post here, he would have just stuck to putting it on the threads where I am more prolific. I won't bore you as to the background etc (unless you want to read the KIE thread), except to say - he started it... :-)

[stdyeddy] 24/3/2021 08:30

Oh masturpig; you are so desperate to have a nice safe little flip-flap fight with me from your comfy chair, aren't you? You've been calling your lies 'poetic licence'. That's nice and deceitful. And btw, 'bad loser'? This is day one. Let me know if you still think I'm losing a fortnight from now. John's question about you having no friends, is as usual on the money. You seem to be hateful, obsessive and have far too much time on your hands. And that usually goes along with having no friends. Advfn is your 'outlet' and a faux 'friendship' network for you. You are a sad, bitter, lonely man and you feel that someone should be listening to your insipid opinions (which are mostly wrong). That's why you invest so much time in posting on this free chatboard to people you don't know, and whom you will never know. No one on advfn cares about you or what you think. You have fallen into the trap that so many people are now stuck in today, thinking that the digital world is real. The quality of your posts btw, is very poor; not witty, not insightful, not interesting. If you think you are achieving anything here, you are fundamentally misguided. Spartz gave you some excellent advice a little while ago, to go out and do some gardening. A real-world activity would help you in so many ways. The digital world thrives on hate. You should try to break free.

[imastu pidgitaswell] 24/3/2021 08:29

And all because I simply won't go away and let you lie through your teeth. You're a bad loser stdy. Very bad. In the words of one of you many logins, 'you're so angry you're going to... post some more messages'. Well woo...

[imastu pidgitaswell] 24/3/2021 08:23

Facts stdy, facts. You just don't deal in facts: https://uk.advfn.com/cmn/fbb/thread.php3?id=8067302&from=20117 And as to why: https://uk.advfn.com/cmn/fbb/thread.php3?id=8067302&from=20128

[imastu pidgitaswell] 24/3/2021 08:09

https://uk.advfn.com/cmn/fbb/thread.php3?id=8067302&from=20155

[stdyeddy] 24/3/2021 08:08

masturpig (or stupidgit) - it's time for me to start visiting all the boards where you are a problem, including this one. You like to accuse people falsely of 'lies' when you are the self-confessed fraudster, defrauding your employer of a salary while you spend many hours every day, posting pointless messages across advfn instead of working. I am very comfortable with the idea that you are wasting your time and energy in hateful exchanges, because it shows your true character. Anyone reading your messages will recognise what you are; an impotent troll. Why would I filter you? Watching you degenerate is not a problem for me. But it is for you. You are demeaning yourself. Your hatred festers. Your exchange with John, earlier today, is a window into your character, drawing back the very thin veil of your fake humility. I imagine your family find you tiresome and avoid you, as do most people. Your employer will be enormously grateful when you are gone because they'll be able to hire someone who pulls their own weight to replace a parasitic pompous freeloader. You represent much that is wrong with society, but I suspect that you will not be here long -- I sense that you are heading towards a crisis, one of your own making, and one you do not see coming. Beyond all of that, you are as silly as a 14-year-old girl, enthralled by social media. You spend an absurd amount of time trying to have a safe online chat-spat; that is ridiculous for someone of your alleged age and shows your lack of worldliness, maturity and achievement. Everyone else here has better things to do.

[imastu pidgitaswell] 23/3/2021 11:35

Not currently in, but retracing and watching. 240 was previous resistance, but there is that gap at 220-odd. It's also just above the trendline from the lows (didn't have a chance to include the straight line before being timed out...) 😠 It does seem to swing quite significantly - so when it turns up again, it should be a significant move. Just waiting to see what happens. free stock charts from uk.advfn.com

[value hound] 15/3/2021 17:54

Tipped on Master Investor by Mark Watson Mitchell FWIW (I hold).... ============== "Hunting – sounding the horn for the recovery" Hunting has had its ups and downs over the years, but Mark Watson-Mitchell reckons better times are ahead. Although it has been in existence for over 140 years, I have only followed this group for the last four decades. From its origins of shipowning, it ventured into oil tankers, and later it went into aircraft servicing and manufacturing, even owning an airline. Then in 1938, it started oil prospecting in Texas and later moved into Canada, before progressing into petroleum retailing, lubricants and specialised products. It has reinvented and reorganised its operations several times in its history and always shown its ability to adapt to changing fortunes in its marketplace. I can remember having several breakfast and lunchtime meetings in the company’s offices overlooking Nelson’s Column in Trafalgar Square, with Richard Hunting, the group’s former Chairman. I always enjoyed listening to him and his team describing the operations of their business. It has had its ups and its downs over the years. However, I have always been impressed by the professionalism that its management has shown. The gradual metamorphosis Today Hunting (LON:HTG) is an international energy services provider to the world’s leading upstream oil and gas companies. Irrespective of whether it is intended for oil, gas, onshore or offshore, conventional or unconventional, its broad range of products and associated services spans the lifecycle of the wellbore. It manufactures the premium, high-end tools and components that are required to extract hydrocarbons across that lifecycle of an oil and gas well. An impressive portfolio of intellectual property Hunting’s substantial IP portfolio is a significant barrier to entry for competitors and allows it to defend margins and offer more operational flexibility, particularly in a downturn. It has a truly global footprint, employing nearly 3,000 people operating in 11 countries with distribution and with the use of its products extending well beyond those countries. Recent results The group declared its final results for the 2020 year two weeks ago and its Report and Accounts are due to be published this coming Thursday (18). The group’s AGM is due on 21 April, at which time we should get the latest trading update. The reported finals showed that 2020 was not a good year for the group, which was understandable due to the massive reduction of activity in the global oil and gas marketplace. Last year’s revenues fell from $960m to just $626m, while 2019’s $93.1m pre-tax profit was replaced with an underlying adjusted $19.4m loss. Current estimates But oil prices have moved significantly better in the last few months and better times are now being anticipated. Estimates for the current year suggest similar revenues, with the loss falling to only $5.4m. Going into 2022 sales could pick up slightly to $650m, with a break back upwards into profitability of around $5m. Undervalued assets On the face of it, that looks both dismal and dull, but I have faith in the group’s management to safely turn the group’s profitability around before resuming its previous growth path. The group had net assets of $976m, at the last balance sheet date, with $101.7m cash in the bank. With some 165m shares in issue the group is today capitalised at only £454m ($630m). It is obvious that the group has a strong enough balance sheet and cashflow to cope with its recovery back into profitability this year. About £702m of assets shows the company standing at around a 35% discount. Broker ratings Brokers are not in unison as to their price objectives for the group’s shares – RBS rate the shares a ‘sector perform’ up to 305p, while Jefferies rate the shares as a ‘buy’ looking for 360p. Barclays raised its price from 260p to 300p and recommend ‘overweight217; portfolio positions. Less than three years ago the shares were trading at 845p, but by September of last year they had eased back to just 120p. At the start of this month the shares peaked at 297p, and they closed at 275p last Friday night. My view I am looking for the shares to be back over that peak and heading for 350p fairly soon and then head even higher. Accordingly, I now set my target price at 350p.

[gswredland] 05/3/2021 16:42

Big institutional buy at the end of the day Very encouraging

[imastu pidgitaswell] 04/3/2021 09:45

Yes, I don't disagree - it's why I bought them in the first place. Gap to 270 now filled, plus an unfilled one at c225 also a factor in my thinking. We'll see.

[flyfisher] 04/3/2021 09:35

ima, market is forward looking. The last time wti oil was at $62 for a sustained period in 2018, earnings were in the region of 50c. Whilst i don't expect a return to that level, current forecasts do not seem to have been updated since the start of the year and the rig count has risen sharply since then, i would expect broker forecasts for 21/22 to be upgraded after todays dial in presentation. I hold HTG. Thanks for mentioning POLY.

[imastu pidgitaswell] 04/3/2021 08:50

Have to say when I compare those results - and prospects - with the company I sold them for to buy into - POLY (who announced all things profit and cash generation related, including EPS, more than doubling yesterday, with a 6%+ dividend yield, now on a PE ratio of less than 8 while doubling everything): I'm bemused. Happy to have done what I have done, even if the market doesn't see it. Yet. Still got some here, but I guess I just don't see as much of a bargain as it was, given its increase, and some of the alternatives. So far, I'm wrong.

[robertball] 04/3/2021 08:39

I like the results. This is a nimble company

[jw330] 04/3/2021 07:41

Results look okay I think...No nasties and dividends is paid. Forward looking statement more positive than last quarter?

[imastu pidgitaswell] 03/3/2021 09:07

He went bust, didn't he? :-) I know, I didn't want to sell, but sometimes it's a question of allocation - which one will rise faster? I was wrong so far, needless to say...

[purple11] 03/3/2021 09:01

Dont sell stocks when the sap is rising up the tree. Jesse Livermore

[purple11] 03/3/2021 09:00

Moving nicely.lot more meat on the bone to come.gla

[imastu pidgitaswell] 03/3/2021 07:57

They do indeed - slower moving than some, this one. But once set, it keeps going. Lacking patience, and wanting to put monies elsewhere (POLY), I have sold some. Hopefully, today is payback day - it has been a bad decision so far. Still holding some.

[imastu pidgitaswell] 03/3/2021 07:55

They do indeed - slower moving than some, this one. But once set, it keeps going.

[jw330] 03/3/2021 07:51

Good things comes to those who wait.