Hunting Share Discussion Threads

[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 11:25

Low volume sell off followed by a fast snap back

[rogen83] 26/10/2023 10:24

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 10:17

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 10:07

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

[mrminister] 26/10/2023 09:23

this market is bent .....

[hunter154] 26/10/2023 09:17

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 09:01

Also no debt by year end in this environment is superb

[dope007] 26/10/2023 08:59

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

[villarich] 26/10/2023 08:21

This market baffles me

[edmonda] 26/10/2023 08:11

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 08:01

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

[valuehurts] 22/10/2023 09:03

Hunting will not be taken out at this point in the cycle. Please get real and stop repeating the same thing over and over. Family control and good understanding of the cycle.

[charlotte2020] 18/10/2023 17:22

Another small cap taken over today so bit by bit the UK market is disappearing. The same will happen here unless institutions decide to value our companies realistically.

[rogen83] 13/10/2023 15:25

Good luck to holders. I've banked my 208p entry with 4 x 30k block trades this afternoon. More than happy with the returns in ££ and personally don't like the market set-up with Israel tragedy in the background, and the associated potential for left-field geopolitical shocks.

[dope007] 02/10/2023 15:37

Added with some dividend money that went in today from elsewhere. Have another one due in a few days so may add again if still getting trashed in our marvelous UK mkt

[dope007] 02/10/2023 14:26

Ok back below 300p on yet another shambolic performance from UK stocks. 70 point reversal so far today.

[dope007] 29/9/2023 11:23

Was hoping to add a few sub 300p. Ah well :)

[dope007] 28/9/2023 15:47

Which is nuts. The main reason to not set fire to oil is because it has so many other vital to life uses

[villarich] 28/9/2023 15:09

Oil will never be dead. Net zero targets don't mean no oil or gas. It means any carbon produced from oil or gas are offset

[dope007] 28/9/2023 10:19

It doesn't but it signifies that despite all the green cretins oil is not dead

[hunter154] 28/9/2023 09:55

Thanks for the clarification.
69k barrels pd for 4 years; not sure it moves the dial for Hunting.