Hunting Share Discussion Threads

[edmonda] 16/9/2024 07:44

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 14:23

Anyone seen any broker comments?

[dope007] 29/8/2024 12:59

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

[dope007] 29/8/2024 08:37

Correct, it is growing

[xamf] 29/8/2024 08:20

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

[elsa7878] 29/8/2024 08:00

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 07:52

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 07:39

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 07:33

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 07:17

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

[mirabeau] 29/8/2024 06:37

Nice contract as well

[dope007] 29/8/2024 06:36

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

[dope007] 28/8/2024 12:48

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 12:36

Any reason for this weakness

[robertball] 20/8/2024 15:43

Results next week

[edmonda] 10/7/2024 12:18

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 11:39

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

[dope007] 10/7/2024 10:08

Added at just under 408p

[dope007] 10/7/2024 07:33

I'll be adding back if it continues. Oil is not going away despite the green nut jobs

[liam1om] 10/7/2024 07:10

3rd biggest loser on the entire FTSE350 today, quite incredible.

[robertball] 09/7/2024 18:37

420 the new floor now??

[valuehurts] 09/7/2024 17:54

Climbing the wall of worry.

[dope007] 09/7/2024 15:37

A near 10% dump from the morning spike on yet more upgrades to profits. don't you just love the UK stock market...

[dope007] 09/7/2024 07:40

Good old pathetic UK mkt