Hunting Share Discussion Threads

[valuehurts] 05/12/2023 20:24

Stop moaning. Just keep accumulating over time. I said a couple of years ago this could go sideways for ages. Business is slowly improving and imho we are at the beginning of an energy CAPEX cycle. It's high quality and much cheaper than competitors in the US.

[dope007] 05/12/2023 08:43

That's all the UK mkt does. It's one reason why this country is weak. Never supports companies, just sells them off cheap

[pyemckay] 05/12/2023 08:39

I can see this as a sitting duck at the moment.

[salpara111] 05/12/2023 08:35

Traded this twice this year for decent profits, looking interesting again at the 250 line.

[dope007] 08/11/2023 21:51

Oil demand is their driver not a traded price. Plus they are branching out beyond oil, if slowly

[elsa7878] 08/11/2023 20:37

Oil price...

[dope007] 08/11/2023 20:15

Presumably we have a seller in the stock and with little buying interest despite the quality the price suffers. May look to add as it's one of my smaller holdings so would be happy to increase it.

[charlotte2020] 08/11/2023 17:27

Thanks for that

[edmonda] 08/11/2023 09:31

No worries, Gents - ED v public about being paid for, but we only work with companies that recognise that research can only be the analyst's opinion if it is to be useful to investors

[dope007] 08/11/2023 09:15

Thanks edmonda

[paleje] 08/11/2023 09:07

Thanks Edmonda, useful note, I know ED are paid for but nonetheless it reflects how the company see things and it's good to hear aside from the excellent RNS updates.

[edmonda] 08/11/2023 08:33

With both positive trading momentum and order book development, Hunting plc has outlined a clear growth strategy to the end of this decade – not yet reflected in its share price in the opinion of Equity Development.

Coverage initiated with current Fair Value seen at 421p/share, and you can see the full detailed research / listen to a summary here (free access)

[dope007] 26/10/2023 10:25

Low volume sell off followed by a fast snap back

[rogen83] 26/10/2023 09:24

Mid cap, poor liquidity, poor market sentiment. Nothing to do with Hunting's fundamentals. It's why I banked the profit a few weeks back.

[salpara111] 26/10/2023 09:17

Just popped up on my radar again....for the wrong reasons.
The market is just so negative at present a reconfirmation of good results is now seen as a negative!
I really like the idea that they will be debt free by year end, not many companies can say that at present.
Not jumping in again at present but put it back on my watch list.

[masterfly7] 26/10/2023 09:07

Latest order of $59m was in October so not included in Q3. Current order book would thus be significantly higher…

[mrminister] 26/10/2023 08:23

this market is bent .....

[hunter154] 26/10/2023 08:17

I think the order book went from $550m to $511m in a quarter….stupid reason for market to sell off. The book will obviously be volatile on Q to Q basis. The overall health of sales and profits great.

[dope007] 26/10/2023 08:01

Also no debt by year end in this environment is superb

[dope007] 26/10/2023 07:59

Good statement but it's quoted in the UK so gets trashed. UK mkt is beyond parody now

[villarich] 26/10/2023 07:21

This market baffles me

[edmonda] 26/10/2023 07:11

Agreed, a nice RNS today : healthy Q3 update + a major new order worth $59m for titanium stress joints, boosting an already strong sales order book

Trading kept positive momentum, so Board remains comfortable with the current EBITDA expectations of $96-100m 🙌🙌

[villarich] 26/10/2023 07:01

New $59m order, trading well and comfortably in line...naturally the share price will be down multiple percent today