Member Info for MaryBr190

888 Holdings PLC, up 3.5% at 129.40 pence, 12-month range 50.50p-141.90p. Shares in the gambling firm have risen around 20% so far in August, as sentiment towards the stock improves. German bank Berenberg backed 888 to meet its 2025 leverage target. It affirmed its 'buy' recommendation for the stock. 888's strong August makes it a safe bet to re-join the FTSE 250, with its market capitalisation now sitting at GBP580.4 million. Index operator FTSE Russell announces the results of its quarterly review next week Wednesday. According to its set of indicative changes earlier this week, 888 is promotion contender.

(Reuters)

Hunting's core profit for six months ended June 30 rose 106% to $48.7 million, aided by strong sales order books across business units including the key North America segment. It sees a similar performance in the second half.

RBC in a note said "We see these initiatives as part of management's push to increase efficiencies, margins and returns; costs are expected to be $3-5m, with efficiencies coming through from next year."

Hunting reported first-half core profit that more than doubled on Thursday and announced plans to slim down its non-core assets as the British oil and gas services firm aims to expand its presence in the energy transition markets.

Shares fell by 7% in early trading, as its order book came at the lower end of its outlook range of $530-$550 million.

Hunting (LON:HTG), which counts Exxon Mobil (NYSE:XOM) and Chevron (NYSE:CVX) among its clients, said it would transfer its manufacturing and assembly operations of its main well testing site to Dubai from the Netherlands, and close its Oklahoma City operating site, among other measures.

Plenty more to come still. GLA.

Great news, well received. Shoud spark a recovery with more to come.

The market will soon wake up to the potential - should be well in excess of £1,

DYOR

Expecting it to trade towards £3 and above as the expectionation firm.

Anything is possible I guess.

Great stuff on and up

Indeed - will soon be higher.

Ah ok.. H123 v H1.22

Adjusted Revenue after marketing costs* £m 22.6 17.3 31% increase

Adjusted Revenue* £m 48.5 36.7 32% increase

Online /Offline Marketing costs £m

H1/23

(12.5) / (13.4) - total (25.9)

H2/22

(11.1) / (8.3) - total ( 19.4) up 33.5%

Online marketing spend represented 31% of adjusted revenue compared to 33% in FY19. It is our expectation that as we continue to invest in the brand, online marketing costs will become more efficient as more traffic is attracted through brand and direct channels, reducing reliance on non-brand PPC.

Back to precovid levels -the low 2021 FY was a covid dip

Ah ok

Adjusted Revenue*

48.536.7

32%

Online Marketing costs

(12.5)

(11.1)

Offline Marketing costs

(13.4)

(8.3)

The marketing was about brand prominence and saturation so a few months back the spend was to get the holidays sold and make people think of OTB first when booking. The ad campaign cost but was successful. If it annoys you, you will remember it - so job done.

Not the fruits of the ad should come through in bookings and hence will normalise.

Thinking 82/86 is the new 77/82 - every little helps.

Anyone tried their Egypt offerings?

Sounds like an exit strategy if it sales higher into the 21st. Quite content with the 117 + 5p div = 122p equiv and may it continue to recover to the 135p /150/ 170p area over the next few months.

Dare I say bullish in relation to VANQ :) - or perhaps one of the Directors will follow Simon Cooper's OTB example and buy a few million shares to send a rocket into the SP here.

Similar levels so going to arbitrage the 2 as they recover to average down.

GLA DYOR

The timing is interesting and Simon is one clever cookie - he was buying when others directors were selling. Wonder what his plan is?

Did the mm's take it down deliberately to accumulate the shares to fill the order? Nothing surprises me but the charts suggest 120p and then we will see.

Bottoms up !

Here is the story and the man .

https://www.business-live.co.uk/enterprise/beach-founder-simon-cooper-invests-27516323

Who said anything about paying - they will be gagging to be part of the Event.

Ironically , like the song, we are just waiting for the vibe to start.

Maybe need to upgrade this £1 Crown Party to a Festival at the Titanic drydock with AM headlining.

https://www.youtube.com/watch?v=isA6OeqD1Lo

Forget about the humming it will be the tequila pole dancing on the table type party with an open bar.