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Authoritative Independent Monthly Share Selections Using Technical & Fundamental Analysis

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Hunting

March 2025

Investing in shares may lose you all or some of your money. Past performance is no indication of future performance. Some of the shares recommended here may be small company shares, which can be relatively illiquid and hard to trade and this makes such shares more risky than other investments.

  • Epic Code:
  • HTG
  • Price:
  • 335p
Hunting said FY24 results will be in line with FY25 guidance adjusted lower to US$135-US$145m (from US$147m consensus), which would still represent a 12% increase year-on-year. That reflects a lower order book and cautious stance on its struggling Titan perforating systems business reflecting poor US demand and depressed natural gas prices. However, the rest of the business (particularly Subsea) is performing well and management also plan to restructure its struggling EMEA division (in addition to ongoing cost savings program), which is expected to add US$10m to FY25 profitability. What’s more, net cash was US$70m better than estimates at US$100m-US$105m and there’s access to over US$400m liquidity as it lines up potential acquisi ...

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With small companies there is an above average degree of risk compared to buying blue chips. Please be aware that we have not assessed the suitability of any of these investments for you. The newsletter simply states a personal view and diarises the editor’s investment decisions. Please speak to your stockbroker or other qualified individual to ascertain whether any of these companies mentioned would form useful additions to your own portfolios. Past performance is no indication of future success.

All material on this website is protected by copyright. You may use Information retrieved from the www.scsw.co.uk website for your own personal non-commercial use which means that you may not sell or copy this information to any third party without prior written consent. ISSN 1358-183X

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