Member Info for Masterfly7

Yes Predator doing much better down just 4.5% at 10:25…..

Delayed like everything at Pred.

Only 4 1/2 months left!

65% down YTD. Even over a 5 year time horizon we are now down almost 20% gulp

“Funding and timing of the discretionary drilling programme will be dictated by the availability and quantum of production revenues generated by Cory Moruga and the opportunity for partial monetisation of gas assets in Guercif.”

“The Company also is seeking to drill in H1 2024 the Jurassic target, the extreme edge of which was penetrated in the MOU-4 downdip. Funding for this well be either through an equity placing and or the Group's internal cash resources.”

The funding isn’t in place for the drill

Super poor guidance is the issue. In Mid March after the 1/2 year results Peel Hunt noted the group had “75 per cent revenue visibility in place for the year”. What happened!

Citywire

YouGov working its issues out, says Peel Hunt

YouGov (YOU) has delivered a ‘very disappointing’ profit warning but Peel Hunt says it continues to address its issues.

Analyst Jessica Pok retained her ‘buy’ recommendation and target price of £15 on the survey and analytics group, which plummeted 40% to 488p on Thursday. It reported lower than expected bookings in first-half results and despite improvement in the second half, trading was slower than expected. It expects full-year operating profits to fall 38% this year.

‘This is a very disappointing statement from YouGov, given the company’s high visibility…at the interims,’ said Pok.

She said the share price fall since the interims -down a quarter - suggested the market was pricing in a downgrade. However, she said the downgrade is larger than she expected.

‘YouGov has been impacted by slower client spend and intensified competition for data products. Despite these challenges in the short term, the company is addressing the issues, and is focusing on investment in data product upgrades and artificial intelligence, sales organisation enhancement, and cost base reduction.’

Thanks Billy, v helpful.

Award of the first extension period also requires a bank guarantee. Does anyone know the details?

SandyBugler - the word ‘promise’ isn’t used in RNS updates….

Really? Why can’t anyone have a genuine concern on this board without being shot down or accused of being an alias for someone else.

RNS 20th Feb : timeframe for phase 2 will be updated after amendment 4 has been ratified

RNS 1st May : ratification of amendment 4

Almost 5 weeks have passed without the promised update. Why???

350p hit, Q1 results next week. Potentially an uplift on 24 guidance (or perhaps that will be closer to H1 announcement like last year)

Totally agree. Great results, bullish results presentation by management. Looking for a climb to 350 by Q1 results mid April.

Any idea why trading is halted?

The valuation is good for entry as well: Hunting's price/earnings ratio has halved in the past year, to under 10 times. This is a result of weaker shares and earnings forecasts climbing in the same period. Time to make the most of this discrepancy.