Hunting Share Discussion Threads

[dope007] 26/9/2024 11:29

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

[texaspete2] 26/9/2024 09:07

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 08:53

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

[dope007] 24/9/2024 12:30

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 12:01

Sterling strength I would suggest since HTGs revenue is in USD

[dope007] 24/9/2024 09:44

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

[edmonda] 16/9/2024 08:44

One year on from Hunting PLC 2030 Strategy launch significant progress has been made.

H1'24 EBITDA was in-line at U$60.3m (+c.23% y-o-y) but HTG shares remain on a c.20% EV/EBITDA discount.

Equity Development retain a fair value of 436p / share, as you can read in this detailed new research note:

[dope007] 30/8/2024 15:23

Anyone seen any broker comments?

[dope007] 29/8/2024 13:59

Is it too early to say thank you for this morning?

[dope007] 29/8/2024 09:37

Correct, it is growing

[xamf] 29/8/2024 09:20

Forward PE is around 11.9. Good for a growth stock.

[elsa7878] 29/8/2024 09:00

Annualising these figures put it on a PE of 17 at 400p. Not exactly cheap.

Yes apologies I had the 134-138 editda figure as down for 2025 and not 2024. So correct it is on 13.5x at 430.

[dope007] 29/8/2024 08:52

Looking at the reaction to tiny sells I would guess some idiot has dumped a load on the market makers to get rid of.

[dope007] 29/8/2024 08:39

Nothing XAMF and I like you couldn't believe I could buy at this mornings price. The UK mkt is full of imbeciles

[xamf] 29/8/2024 08:33

Read the results and couldn't believe the share price reaction! Back in here at 400. Couldn't resist. Have I missed something?

[aishah] 29/8/2024 08:17

*RBC RAISES HUNTING PRICE TARGET TO 500 (450) PENCE - 'OUTPERFORM'

[mirabeau] 29/8/2024 07:37

Nice contract as well

[dope007] 29/8/2024 07:36

Great results again. 10% dividend increase but the stronger pound doesn't help us there

[dope007] 28/8/2024 13:48

The whole UK mkt has been weak for a couple of weeks. Strong £ and a government threatening to tax everyone and companies to death

[sun1950] 28/8/2024 13:36

Any reason for this weakness

[robertball] 20/8/2024 16:43

Results next week

[edmonda] 10/7/2024 13:18

The pre-close update of Hunting plc showed further strong momentum driven by International and Subsea markets.
Equity Dev still think HTG is wrongly trading on value rather than growth multiples and see fair value at 436p/share. See and hear their new research note:

[zam1] 10/7/2024 12:39

Good results but keeps going down I will wait for it to bottom and stabilise before investing.

[dope007] 10/7/2024 11:08

Added at just under 408p