Hunting Share Discussion Threads

[stavros28] 01/3/2016 08:08

Yep, results gamble not my style good luck.

[davidoffetc] 29/2/2016 19:37

Full year results 3rd March

[stavros28] 29/2/2016 09:51

Sold this morning at a small profit not far off the new Goldman target give or take 20p. Conviction buy is top grade buy in this case on valuation basis but price has moved on since then and so has the sector ref re rate 369.

[davidoffetc] 09/2/2016 07:54

Don't know where you read that? Goldman cut share price target to 369.70 yesterday. Still apparently 'conviction buy' whatever that may mean.

[stavros28] 08/2/2016 13:37

Small retracement on a general pull back in the market.

[stavros28] 08/2/2016 13:36

Goldman target 546 Broker note today ............

[stavros28] 08/2/2016 10:36

Target 4.50

[stavros28] 08/2/2016 10:35

Goldman has this right very cheap, bought a few weeks back has moved off with volume.

[davidoffetc] 05/2/2016 18:55

Yes, why indeed ! Bid...who knows ?

[redchef] 05/2/2016 13:31

Why is this stick suddenly climbing. I reckoned it was undervalued and took my profit at 320 which was my target but it is still going fron strength to strength

[leedsu36] 14/12/2015 04:25

A couple of friends of mine heavily researched a new buy and build that was about to begin by two experts in their field Ian Smith and Tony Weaver (Accumuli,Capita etc etc etc fame) ctp I bought into @ 0.6p they stand today @ 83p ...not a bad gamble even if I say so myself (although I did know they have a proven track record of course)

I bought into their own merchant bank MXCP @ 0.7p currently at 3.2p (terrible gamble I suppose)

I then followed them again as they moved in and invested £millions of their own cash into PINN and I got in @ 6p...it's been a long wait but my gamble has paid off PINN currently 11p

They are currently advising CSI a cash shell with £22m in cash where to go with it and we're hoping they carry on with their tech business model,there are rumours of Nasdaq listing amongst a lot of other rumours,

Anyway I'm following them again because over the last few years they've turned my gamble to close on £850,000,now admittedly I'm a gambler,but I like to think I know a good thing when I see it,now please look at your own choice of shares and their recent graphs...

[gleach23] 11/11/2015 09:08

summary comments from Paul Scott yesterday on the better than expected PRES results and outlook -

"the outlook comments could have interesting read-across for oil services generally - has the sector hit rock bottom now, and might be a good time to look for picking up some bargains, I wonder? Although, if no pickup is anticipated in 2016, then perhaps there's no particular rush to get involved in this sector?"

PRES outlook stated -

"Along with many others in the sector, we do not foresee any signs of pick-up in our main oil and gas market during 2016, however we do not currently anticipate market conditions deteriorating further."

[leedsu36] 07/11/2015 08:02

From disaster to disaster and millions of hidden debt to be uncovered yet.

aimho.

[eastbourne1982] 05/11/2015 23:36

Taken from the recent update:

"While the Group has reported a quarter-on-quarter reduction in trading, the majority of business units continue to generate free cash flows principally through a reduction in working capital, staffing levels and margin protection."

You'd have to consider they have a reasonable handle on the finances at the current depressed prices, if the oil price pops a little cash flow should be very reasonable.

I'd say the odds here are good at around £3.50, I think £2 is a ridiculous figure, I'd only see that happening if the price of oil dropped another 30 - 40%, not going to happen in my view.

[citymohawk] 05/11/2015 19:15

The world is greedy and oil fuels that greed. We can safely say that Oil will not stay at these levels. The depressed prices seem to be more cold-war type antics rather than macro-fuelled pricing. We can expect domestic oil receipts to be subsidised by domestic energy hikes (in oil dependent nations of course) which begs the only question:

How long can HTG weather this storm. If we were to stress-test HTG out for another year at current oil prices, where will HTG be? If that is the case, I feel (need to do numbers yet) sub £2 isn't unrealistic. A stress-test scenario would need to weigh in current cash burn, sustained depressed prices not to mention macro forecasts for cooling economies.

HTG is indeed a very interesting company to follow

[eastbourne1982] 05/11/2015 13:24

Bought in today at £3.53 as a long term hold.

Also took a long spread bet position with a target of £4.50 within 3 months.

[spacedust] 03/11/2015 17:50

hxxp://citywire.co.uk/money/star-absolute-return-manager-turns-bullish-on-oil-stocks-and-miners/a853775?

More top come for the rest of the week..... Yes il dream on

[spacedust] 03/11/2015 16:30

Yip the company have said that if oil prices recover, which they must recover otherwise many countries will go bankrupt, the company will issue further trading updates. Those who think oil will stay below 50$ forever please think again. Which countries do you think will go bust if oil remains below $50

[eastbourne1982] 03/11/2015 15:20

I'm with you space, I nearly bought today at £3.50 but held off, I like the company and it looks like they have a good grip on the finances, a little bit of an uplift in the oil price will send this up.

I'm looking to buy.

[spacedust] 03/11/2015 15:13

Sorry what was that red?

[molatovkid] 03/11/2015 07:51

looks to me like more pain to come in global oil.....

[spacedust] 03/11/2015 07:43

I think positives here regarding new finance credit, reduction in costs.

Up day me thinks

[pugugly] 03/11/2015 07:32

2015 Full Year Outturn

Given these weak market conditions and on the assumption that current levels of profitability prevail for the remainder of the year, our 2015 full year results are likely to reflect a year on year profit from continuing operations decline in the region of 90%. Should trading conditions materially change, then further trading updates will be released prior to the announcement of our full year results on Thursday 3 March 2016.

Feels as though the Board expects it may be worse than 90% - that is reading between the lines.

[molatovkid] 03/11/2015 07:18

ouch....90& decline in profits....