Results Thursday? |
Should help
hxxps://www.rigzone.com/news/wire/bp_moving_toward_bigger_og_investment_in_policy_shift_investors-27-feb-2024-175877-article/ |
Hopefully consolidating nicely |
Attacking resistance again here. Big move to coincide with earnings, up or down in the short term who knows. |
There was an RNS to say taking on a joint broker, so perhaps they have something in mind. |
Seller cleared |
Results next week |
Contract win?? |
It's squeezing up on support now. higher lows moving up. Just a waiting game for the big breakout |
![](/p.php?pid=profilepic&user=tole) https://masterinvestor.co.uk/equities/aston-martin-gulf-marine-and-hunting/Hunting (LON:HTG) I See The Shares Touching 360p In 2024Another one of my favourite companies will be announcing its Final Results at the end of this month.On Thursday 29th February, the oil, gas and energy sector tools and equipment supplier is expected to put out some very good end 2023 figures.In early January the near £500m capitalised group gave a positive guidance to the market on its last year and its current year outlook.Analyst Daniel Slater at Zeus Capital now looks for revenues last year of $926.31m ($725.8m), with adjusted pre-tax profits rising impressively from $10.2m to $56.7m, lifting earnings to 25.9c (5.8c) and covering a dividend of 11.0c (9.0c) per share.For the current year he has $1.11bn revenues, $85.0m profits, 38.9c earnings and a 13.0c dividend.Slater has an estimated 390p per share valuation out on the group's shares, which closed on Friday night at 303.50p, upon the end-February announcement I would expect the analyst to upgrade his estimates for the next couple of years.In all the time that I have been following the company, I have never lost faith in the ability of its Management to cope with the global pressures within its operating sectors.I consider that the group's shares are very capable of further price climbing and suggest that they are a very Strong Hold, I still see at least 360p in due course. |
Unable to hold on to any sustained upward move. Frustrating |
https://oilprice.com/Latest-Energy-News/World-News/Oil-Market-Needs-14-Trillion-OPEC-Secretary-General.html |
More drilling = More business |
No. Know your shareholders |
IC article on Hunting from 25.01.24 🚀
The valuation is good for entry as well: Hunting's price/earnings ratio has halved in the past year, to under 10 times. This is a result of weaker shares and earnings forecasts climbing in the same period. Time to make the most of this discrepancy. |
IC article on Hunting from 25.01.24 🚀 |
i would think its a takeover target given how cheap it is. |
A standard 8 times Ebitda put this on a market cap of nearly a Billion, currently 500 millionAny thoughts? |
Anyone done a best guess of value here?Simply Wall Street has it valued on a DCF of just over £10.The current PE is registered as 42, but forecast to drop to 13 in a year. |
No news I am aware of |
Any news or is it just coming up to attack that line again? |
Decent end to the week |
Ridiculous if thats the case 2 days after HTG updated |