Hunting Share Discussion Threads

[charlotte2020] 21/9/2023 14:43

Good points

[valuehurts] 15/9/2023 18:53

What I don't want is a 15 percent withholding on my dividend just for the sake of being in the US. Over time the UK listing will reflect the business value just as well as it would on a US exchange. We could see a bear market in US stocks also like we did 2000 to 2009. The UK in that time performed a lot better with our banks, EM and commodity exposure.

[salpara111] 15/9/2023 10:12

Well that was quick, back in at 232 and out now at 298.
I guess it may run further but I'm happy with my trade.

[charlotte2020] 14/9/2023 22:08

Agree and it looks as though frustrations with the rating my lead to a US listing. Who can blame them.

[valuehurts] 14/9/2023 22:07

I'm not that fussed to be honest. I'm not a seller here and eventually once it starts working people will still pile in. Just human nature. If something keeps going down people sell. Most uk investors are buying Tesla, Microsoft and Apple. Their turn to be bent over will come as well.

[gswredland] 14/9/2023 15:37

Yep and with Brent crude really jumping

[battyliveson] 14/9/2023 15:28

Looks like a break out with 300+ on the cards.

B

[valuehurts] 13/9/2023 19:05

Great article in Forbes https://www.forbes.com/sites/gauravsharma/2023/09/11/from-subsea-to-space-how-hunting-plc-ceo-jim-johnson-is-transforming-his-global-engineering-group/amp/

[salpara111] 13/9/2023 17:20

Certainly happy buying back in at 232! I wonder if it can run to 300 now.

[valuehurts] 13/9/2023 16:51

Capital markets day and management expectations obviously having an effect today. Nice to see

[charlotte2020] 13/9/2023 13:31

Be nice to see 50 day mva cross above the 200 day

[gswredland] 13/9/2023 11:54

looks like this is breaking out now

[dope007] 01/9/2023 14:23

Looking healthier with a reasonable rebound post results

[valuehurts] 28/8/2023 01:03

New copy of the Hunting Review has been published up on the site. New London office, explanation of the titanium stress joints and lots of internal staff stuff. Quite interesting...

[redwing1] 25/8/2023 18:42

Rogen43 - volume yesterday 1.24m shares vs 0.38m or less on each of the previous four trading days looks like 'reasonable volume' to me, However if you need the reassurance of a whole flock of sheep saying the same bullish things then I shall leave you to it, but that is not a 'discussion' in my book.

[valuehurts] 25/8/2023 11:41

So now all analyst bar 1 are Buy rated. Median target is 388.30. Investec is 442, lowest is Berenberg at 345. The one analyst not buy rated is overweight with target of 417. I can't see the firm.

[rogen83] 24/8/2023 21:09

It’s not falling on reasonable volume. Remove yourself from this discussion

[valuehurts] 24/8/2023 19:35

Jim mentioned the 9 analyst all now buy rated with target of 4. Will have to check on FactSet tomorrow.

[valuehurts] 24/8/2023 19:32

Very good presentation today... business is really starting to move now... would like to see management come in and pick up shares seeing as they believe they are such a bargain...

[tahmina1] 24/8/2023 17:12

nice day trade

[redwing1] 24/8/2023 13:46

Hunter154 - I don't recall saying that I didn't expect a working capital impact from a 30% rise in turnover. All I am saying is that a $136m cash outflow is not insignificant. I would also question the operating margins in this period - a 5% operating margin is pretty woeful and nothing like those achieved by the likes of Rotork and Spirax Sarco.

If Hunting is falling today on reasonable volume it will be because numbers have not impressed some institutional holders. The sellers may ultimately be proved wrong and I hope so because I still hold, but don't make the mistake of thinking you know better than the market.

[stupmy] 24/8/2023 12:57

Sorry, that was meant for the HBR board. I have a similar sentiment on HTG but haven't started to enter positions yet.

[stupmy] 24/8/2023 12:55

If it doesn't close above 235 today, then 221 looks pretty likely. For the moment I'm happy about this (my entries started today at around 236 from memory)and view it as an opportunity. When is Ex-divi date? The run up to that could have the price back on the front foot (before the fall on ex-divi)