Hunting Share Discussion Threads

[a3477681] 05/3/2008 15:47

They are doing the round of the institutions this week and there have been profit upgrades. With three takeovers in the sector these may just keep motoring.

[pyman] 05/3/2008 12:36

oo er Strong!

[robson1974] 29/2/2008 15:51

on expro bid news exr is up >300p !

[pyman] 29/2/2008 14:03

turtle s a winner ! nice breakout today!

[v01101999] 17/2/2008 11:50

turtle on shares does not always work .. in summary it is a breakout based trend following system (you buy if price break 20 d or 55 d high or sell if it breaks below 20d or 55d low).

[pyman] 15/2/2008 21:10

Turtle? dont know that. Can i ask how it works. Hope you are right. Trading results soon so we shall see.

[nirvs] 15/2/2008 10:46

Longed these today at open based on a Turtle Trading System BUY signal. Fingers crossed.

[pyman] 15/2/2008 10:33

now - 7.20-40 has been the selling point for a while now. Lets see if price can push through...

[old giggleswickian] 03/2/2008 15:56

Hunting gets a mention in the Sunday Times this week on page 10 of the Business section and comes in at No 4 of firms with good potential, but unloved by the City analysts, in a Grant Thornton index.


Ian.

[rogue trader3] 09/1/2008 12:24

Well i've decided to exercise some discipline this time and i've sold out today. By the looks of things we could be heading back down to 650. It seems like we are struggling to get up and over 740 at the moment. I will be back in this but I'm going to try and play this trading range.
Watch a bid come in tomorrow...

[qs9] 03/1/2008 08:42

Agreed, showing some cracking strength....operating in very bullish markets and $ heading back against £ helps does it not? GOod recent trading update, should send this towards previous highs IMO and am holding in there for your £9!

[rogue trader3] 02/1/2008 14:02

I've been in this a little while and seen most of my profits evaporate on the recent lows we've had. I decided to hold on and my patience is being rewarded although I wish I has stuck to my stops and then bought back on the dips. Still its a good company and there were some rumours of a £9.00 a share bid not so long ago.

[qs9] 02/1/2008 13:43

Hope a few lf you are in this, nice strong start to the year....

[qs9] 30/12/2007 18:57

not sure will take a look. Either way IMO this HTG looks a good play, with VELO close behing....oh yes Lamprell on AIM is it not is another sizeable player

[v01101999] 30/12/2007 18:39

SDX is gone as well! isnt it acquired by GE?

[qs9] 30/12/2007 14:08

Hopefully HTG will continue its rise to its old highs as demand for its services increases......ABG now gone from market...only SDX, VeLO and HTG left? Any more? Hopefully this will only fuel demands for its shares as people seek exposure to this industry sector. $ falling will increasingly help IMO as well....

[qs9] 20/12/2007 12:16

Look at ABG takeout price and apply to HTG...where do you get to....£8++?

[old giggleswickian] 19/12/2007 17:55

omalaha,
In-line would not be a bad result to my mind. I think the forecast is £89m, up from £80m last and £40m the year before. You should also note that the first half was relatively poor. The company's achilles heal is the $ and were it not for that they would be going great guns.

Ian.

[omalaha] 19/12/2007 10:41

my only observation would be that PFC and WG. are forecastings earnings above the top end of analyst's expectations, whereas HTG are merely in-line and doesn't sound as exciting, although i think HTG have the more attractive pe.

[c3jns] 13/12/2007 08:38

Pitty the markets are in free fall again......

[rogue trader3] 13/12/2007 08:20

13 December 2007


Hunting PLC

("Hunting", the "Group")

Pre-Close Trading Update


Hunting's preliminary results for the full year to 31 December 2007 will be
announced on

28 February 2008.


Dennis Proctor, Hunting's Chief Executive, said;


"The Group's current trading is strong with an order book running well into next
year, and despite the US Dollar weakness, we expect year end results to be in
line with market expectations. On a constant currency basis, our pre-tax profits
would be significantly exceeding expectations.


The majority of Hunting's growth this year will be from Hunting Energy. The Well
Completion division will see a material increase in operating profit due to
additional capacity and client rig activity. Well Construction and Exploration &
Production should see very significant improvements over last year.


In Gibson Energy, most divisions are expecting year-on-year increases with the
exception of our Marketing group. Due to the rapid increase in the oil price in
the second half of this year, the Canadian oil market moved into backwardation
which removed incentives for storage and added additional cost factors. Further,
heavy and sour oil differentials have risen in lock step with the West Texas
Intermediate price. We have taken the necessary steps to adjust to this extreme
volatility and are confident the Marketing group will remain a significant
contributor to Gibson's earnings. Truck Transportation is experiencing another
record year due to the increased volumes of crude oil activity. Moose Jaw
Refinery should deliver results similar to those of 2006 following a slow start
in the first half. Canwest Propane continues to benefit from prior acquisitions
and expanded operations.


Oil and gas company capital expenditure is expected to be around 7% above 2006
levels. Early indications suggest an 11% improvement in 2008. Accordingly, we
expect continued growth from our acquisitions, capital expenditure and
additional market share gains from increased capacity in Asia, Europe and the
United States."


Well it looks like Hunting have managed to weather the falling dollar. This share must be oversold by now, hopefully will see some increase in the share price Back up to 700 we go!!!

[threeparrots] 11/12/2007 15:53

Agreed. Waiting to see if resistance holds b4 going back in. Whatever the short term sp, HTG is a lovely little takeover target. Fingers crossed.

[rogue trader3] 11/12/2007 10:42

Well I'm holding for now, we're currently floating around the support levels of mid September but any fall from here and I'm out until I see a trend reversal. A lot of the oil stocks (Equipment & Producers) have come down from there highs but after the run up they had it's hardly surprising.

[beercapafn] 11/12/2007 10:27

Hi Rouge and Threeparrots.
Made good money when they were on the up as a take over takget. I got in at 8.12. so in at least as much pain. Like yoy whiting for the bounce. Credit crunch and oil of it's top may hay contributed to the fall, also slaller cap have been out of faviour.
So a confuliances of influances. !!!

Beercap

[threeparrots] 11/12/2007 09:53

If it helps RT3, I'm thinking of buying back in at these levels.