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Collaboration Agreement with CRA-Tubulars BV
Hunting PLC (LSE:HTG), the global engineering group, today announces that it has entered into a collaboration agreement with CRA-Tubulars BV ("CRA") to develop mutual energy transition market opportunities in North America.
Buy tip for Hunting today
Broker upgrade - Barclays - Overweight - new target £4.20.
So currently trading at over 60% discount according to barclays. Now I will always take broker updates with a pinch of salt... But no doubt the tide has turned here. £3 soon.
Excited to see what is next in the recovery.... hold4gold
From 5th Jun
I read this as positive and reinforcement of the move on the news of the Major OCTG contract and it will revisit the 236 level that it failed to hold and move upwards once through resistance.
Of course a market correction and down days will affect share prices in every company but going from £3.60 to £2 in short order left plenty of gaps on the upside.
Stupmy... Looking good so far. Imo I think this is the start of the recovery. But you was spot on last time so I won't rule it out... But I'm not looking to sell or add. Hold from here on.
MSM, I fear we'll head back to 201 or lower. I dropped 40% of my leveraged positions at a reasonable profit and that was not easy. It's an illiquid share. I did in fact open this morning hoping to sneak in before the SP rose, no luck there of course. I'll wait now and if we get a retrace I'll be looking to add back.
First class rise today when you take into account the wider market falls. Had today been an up day generally we could have seen +30% here.
A rare thing, I am actually in profit :)
Up over 18%. That's more like it. Needs to hold these gains this time.
Touché
Yes. Pleased with that. Added a few more recently myself, taking my cue from Schroders increasing their stake recently. Glad I did. Nice rise this morning but will be interesting to see where the SP settles.
Good solid update. Doubts over cash flow which may have caused initial decline surely now gone.
CMD to come. This SP is ridiculously low. £3 minimum short term. This will be closer £4 by end of calendar year imo
Glad I have been adding.
RNS this morning. You'd imagine that it would cause a rerate in the SP, but I guess we'll have to wait and see on that one.
It showed some weakness again when the baker hughes rig count came out with 6 fewer rigs. Maybe part of the reason.
Likewise MSM, been adding anything around 200p. Scooped up 120,000 shares in the last few weeks. Once this seller clears it moves, and cherry on cake is another O&G services company thinks this is too cheap down here for the tech they hold.
Im adding at these levels. Has to be a large holder offloading here...only way I can explain such a drop off in SP. Hopefully they will be done soon and this bounces back.
Schroders increase their stake. Hopefully the share price has reached a bottom here.
For what it's worth, I've started adding back what I previously sold. I'm getting 197 or so at the moment.
Right, we've done what needed to be done from a TA perspective. So from now, it's worth watchgin for a long entry in my view (which is worth no more than anyone elses view as, just like anyone else, I cannot see into the future; MB can apparently!!)
pretty well where i thought we might go. mb talking sh ite again (elenor saratova), and the idiot that piped up about not disputing a view is filtered. if you talk ****e on a bb, expect to be asked about it, if discussion of the shi te that you've initiated is 'for others' then you're an arogant so and so and should shut the f up
You in stumpy?
Not a holder here, but for anyone reading Malcy's view on today's RNS:
https://www.malcysblog.com/2023/06/oil-price-challenger-sdx-hunting/
His comment is off the mark. For a premium connection company who cannot make tubing (Hunting) and a pipe company without a premium connection (Jiuli) it is an obvious tie-up, but very few operators outside China actually trust Chinese steel quality for such critical applications, and Hunting is the #4 player in premium connections at best, so a "world class JV" this is not, sorry....
Agree Jimmy. No need for this. You both add valuable input here... No need to have a spat over nothing here. Move on... HTG on the up ;)
Give it a rest. You know no more than anyone else about the short term movement in a share price. So this line of questioning is pathetic
Rather than answer the question Mary. It should be an easy one to answer for someone so confident in their view. Please, answer. Give us all the benefit of your in depth understanding of todays RNS (something that goes beyond regurgitating the RNS). You actually have no clue, but missed a fabulous opportunity to say nothing.
You've done yourself no favours.
Were you Elenor on other bb's?