Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
London South East prides itself on its community spirit, and in order to keep the chat section problem free, we ask all members to follow these simple rules. In these rules, we refer to ourselves as "we", "us", "our". The user of the website is referred to as "you" and "your".
By posting on our share chat boards you are agreeing to the following:
The IP address of all posts is recorded to aid in enforcing these conditions. As a user you agree to any information you have entered being stored in a database. You agree that we have the right to remove, edit, move or close any topic or board at any time should we see fit. You agree that we have the right to remove any post without notice. You agree that we have the right to suspend your account without notice.
Please note some users may not behave properly and may post content that is misleading, untrue or offensive.
It is not possible for us to fully monitor all content all of the time but where we have actually received notice of any content that is potentially misleading, untrue, offensive, unlawful, infringes third party rights or is potentially in breach of these terms and conditions, then we will review such content, decide whether to remove it from this website and act accordingly.
Premium Members are members that have a premium subscription with London South East. You can subscribe here.
London South East does not endorse such members, and posts should not be construed as advice and represent the opinions of the authors, not those of London South East Ltd, or its affiliates.
Hunting PLC (LSE:HTG) is a global engineering group that provides precision-manufactured equipment and premium services with a diverse product portfolio. It is seeking to grow rapidly in Energy Transition sub-sectors, as well as deepening its presence in other non-oil and gas areas.
Jim Johnson (Chief Executive) and Bruce Ferguson (Finance Director) will give an Investor Presentation by webinar covering their year-end Trading Update at 1.30pm on Thursday 11th January 2024.
The online presentation is open to all existing and potential shareholders and questions can be submitted during the presentation to be addressed at the end. To attend the event, please register at the below link:
https://www.equitydevelopment.co.uk/news-and-events/hunting-investor-presentation-11january2024
It could be you?
https://www.cityam.com/private-equity-firms-line-up-london-lawyers-ahead-of-deals-frenzy/
Merry Christmas Mary and all on HTG board. Let's see if we can finally smash through £3 and onto £4 in 2024.
Here's to a stocking 2024 when all comes good.
Let's see the goodies ....
2-Sep-23 Barclays Overweight - 420.00 Reiteration
11-Jul-23 RBC Capital Markets Outperform - 400.00 Reiteration
10-Jul-23 Barclays Overweight - 420.00 Reiteration
Year end trading update not far off - expectation that all will remain fine.
Adding
Same here MSM, I'm a fan of HTG, just don't want to be caught out by what looks to be an obvious risk (from a TA perspective). I'll wait, but I'll be very interested to buy back if the price does fall back.
Agree. I'm out for now and watching.
Cash flow has been the problem that has held it back I believe. They have stated to be roughly neutral by end of year... If they miss that then there could be questions.
I still believe it's a solid company which is undervalued but in the short term I would rather be out and look for re entry below 220
POO seems to be recouping some of it's losses. I think people are assuming reasonably that the drop in SP of a number of companies in the Oil sector is due to the retrace in the POO. For HTG it could be hiding something else. Obviously they are doing very well, but something is troubling the market. Could they need to raise money to expand at a time of plenty? I have no idea, but it still looks likely that the SP will drop to 202 or below. I know that sounds mad and I have no idea what would cause the price to drop back, it's just what I see at the bottom of a tea cup.
-8% today for what reason...PFC hammerred as well ..why? ..decline in US Crude ?
Ahhr well its a fairly volatile share I suppose and I now have a reasonable position here..hope they maintain the Divis .
I suspect that we're back off to 202 or below.
Added back - thanks for the dip
With both positive trading momentum and order book development, Hunting plc has outlined a clear growth strategy to 2030 – not 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)
https://www.equitydevelopment.co.uk/research/connecting-market-position-and-clear-ambition-1
Just got home and seen the nonsense price action today. HTG is now a very clear buy so will open a position tomorrow. I understand people get frustrated by stupid downward moves like this. Don't! See it as a real buying opportunity. Do you think in a week's time this will be above or below £3? And in a month? A year? GLA.
Thought about adding today but my av is lower so held off wondering if we might get treated to some lower opps tomorrow. Hit the 50 day ma at close. May be bounce in the a.m.? Would like to understand why down today on back of the RNS?
Positive hear but will add to my very low average cost.
Looked OK to me ..Any thoughts Mary ?
Another day of good volume reflecting in part the inclusion within the FTSE250 index.
Further institutional investment will support the sp growth as well as HTGs inclusion within trackers.
GLA
12-Sep-23 Barclays Overweight - 420.00 Reiteration
11-Jul-23 RBC Capital Markets Outperform - 400.00 Reiteration
10-Jul-23 Barclays Overweight - 420.00 Reiteration
06-Jun-23 Jefferies Buy - 350.00 Reiteration
Exciting times ahead!!!!
Looking strong here. 315 hit... More to come.
#crawshaw thanks
Hindhead, we're taking Howden Joinery's place.
#officer where did you find confirmation of their elevation? Thanks