Hunting Share Discussion Threads

[citys2874] 15/5/2024 07:39

off topic tip KRS is also worth buying news due soon will double up

[citys2874] 15/5/2024 07:38

4.40 taken out....looks like this is heading for 5.00 today

[robertball] 15/5/2024 07:23

I regret not keeping to my 15% stop loss. Selling when triggered and buying back again later

[supersta] 15/5/2024 07:14

Great news. Well done to all that have remained patient with this. Finally come good. Managed to trade this over the years but so glad I kept a decent wedge in.

[citys2874] 15/5/2024 07:07

Game changing win 145 million major order....wow.....should see this 5.00+ today

[dope007] 15/5/2024 06:44

Excellent news again

[mirabeau] 15/5/2024 06:06

that's a monster

[dope007] 10/5/2024 09:12

Dividend in my account, decided to sell a small amount (20%) after such a good rise making Hunting more fairly valued now

[robertball] 05/5/2024 08:05

Indeed. Maybe the direction of travel has shifted. And the net zero hysteria is abating..given that we are waking up to the cost of it...

[dope007] 04/5/2024 07:18

And morehttps://www.telegraph.co.uk/business/2024/05/03/north-sea-oil-drilling-net-zero-deadline/

[dope007] 03/5/2024 12:27

More good newshttps://www.theguardian.com/environment/article/2024/may/02/sunak-to-allow-oil-and-gas-exploration-at-sites-intended-for-offshore-wind?CMP=Share_iOSApp_Other

[dope007] 17/4/2024 08:43

So what the hell was all that about?

[masterfly7] 17/4/2024 07:14

Ahead of management expectations and the share price is down 4% - that’s LSE!

‘Positive start to the year, with EBITDA of c.$28.9 million during Q1 2024 (Q1 2023 - c.$22.4 million), marginally ahead of management's expectations.’

[robertball] 17/4/2024 07:07

Forward PE anyone?

[charlotte2020] 17/4/2024 07:05

Why do we bother

[edmonda] 17/4/2024 06:36

"On track to deliver further progress in FY24" - new research report here:

Commentary and financial metrics in Hunting’s AGM/Q1 update confirm that the company has progressed in line with its FY24 targets thus far in year-to-date trading. Q124 EBITDA was well ahead year-on-year. This represents a good step towards the flagged US$125m-135m range for the year, with ongoing momentum in the strongest market segments.

Group revenue has continued to grow well, being up c.16% year-on-year in Q1 and c.7% ahead compared to Q423, a strong quarterly close to FY23. Shipments against previously disclosed large contracts in the OCTG and Subsea product groups and broad business development in Advanced Manufacturing have been the primary drivers in generally firm underlying markets.

While the group order book has nudged c. US$21m lower than the year end position as larger orders are worked through, US$544m on hand at the end of March still represents a strong position in a historic context. We are also aligned with management expectations for inventory positions unwinding over the remainder of the year.

Updating our P/E and DCF methodology for market movements (including £/US$1.25) now yields a blended fair value for Hunting of 436p / share: up from 407p and over 20% above the current share price.

[dope007] 17/4/2024 06:02

No issues there in the trading update

[valuehurts] 13/4/2024 18:51

Shout out by Roland from stockopedia at around 10 mins. Seems he has a position with us. Notes the potential for good growth at a reasonable price but not a hold forever stock. https://www.youtube.com/live/HnAnm-SZEWc?si=SVBJrwxZV1rw5X1A

[dope007] 12/4/2024 13:37

Good update being expected I take.

[valuehurts] 10/4/2024 10:00

Broke out yesterday. Hopefully this is the beginning of a nice run over the next 6 months.

[dope007] 09/4/2024 07:57

Been a good couple of weeks here

[robertball] 03/4/2024 16:04

Update 17th AprilAnyone going to the AGM?

[valuehurts] 26/3/2024 23:41

It is squeezing up again on support after that last fake out. Shouldnt be too long now till we see another big move. The lows are getting higher and higher. Absolutely massive order today so probably some funds arranged a large trade. I wouldn't be surprised if a US value fund was the buyer. If you look at Saipem that has just broken out and has been going vertical the forward PE is about the same.

[dope007] 26/3/2024 16:45

Decent volume today

[heialex1] 19/3/2024 22:52

Great recoveryStill good value as will be multi year improvement in business