Blanketstacker
12 Jan 2015
Re: What a dog: More generally have a look at Paul Scott's twitter account (@paulypilot) and find his audio postings on audioboom. The latest one is with an oil expert. Highly informative, I think. He suggests the oil price is being kept down to squeeze US fracking operations out of profitability. It will stay low for a good while. The result will be a squeeze on oilproducers, who will then exert a much greater and more enduring squeeze on their contractors and suppliers. He stresses he has NO INTEREST in oil service companies as yet, as any pressure on producers will be magnified on the service providers. I think Jane may be right in the shorter term, and there could be a bounce here soon, but Ms Girl's suggestion below of well sub-400 seems increasingly likely. The sale of the shipbrokerage really seems to smell of panic to me. Good luck.
Betamax man
12 Jan 2015
Re: What a dog: Agreed. I regretted the sell rec and the title as soon as I'd submitted it.Foolish.
Betamax man
12 Jan 2015
Re: Down 10% I haven't been able to find anything specific. Just seems like the oil services sector is taking a further beating today. The 10% drop seems a bit overdone though.Any thoughts?Cheers.
janebolacha
12 Jan 2015
Re: What a dog: It's on the comments in the Lamprell RNS, perhaps.Not a time to sell, imo, it's instead close to a buying point.IMHO, DYOR.
Betamax man
12 Jan 2015
What a dog: Hunting being panned this morning..... on the back of no RNS?What's up?Cheers.
II Editor
29 Dec 2014
NEW ARTICLE: Hunting plc: The One Stock I Would Buy For 2015 "The plunging oil price has been one of the big macro stories in the closing months of 2014. Brent crude was comfortably above $100 a barrel until September, but has dived to nearer $60 now.The shares of FTSE 100 giant Royal Dutch Shell are ..."[link]
lambrini girl
15 Dec 2014
Re: First look target 330
Betamax man
15 Dec 2014
Re: First look This must surely be impacted by the fall in the oil price. The question is; how much?========== ========== ========== ========== ========== ========== ===Indeed, but they say that markets are forward looking. This has already fallen massively, in line with the oil price fall. I'm sure you've seen the share price decline since the middle of November. I would hope that the fall is over done, and that the drop in oil price wouldn't impact the company as much as the share price has fallen - If that makes sense.I also hope that we don't see your £4 price target !! If we don't, then there will be other opportunities out there for you. Good luck.
Greyinvestor
13 Dec 2014
First look Had a really serious first look at these. They tick every evaluation box except one for me; the market that they are in. 95% of profit generated from well head construction and completion. This must surely be impacted by the fall in the oil price. The question is; how much?EPS forecasted at 60p this year, but could fall to 40p the following year. Divi perhaps 20p, but could fall lower.On balance I think that 40p EPS and 20p DPS is possible if management are shareholder friendly. For me this puts the floor at £4 and the ceiling at £5. Maybe £4.50 as a reasonable valuation.I'm not buying just yet.........
Betamax man
05 Dec 2014
Hunting Investments Ltd: Well, I suppose it is a good sign if Hunting Investments Ltd were buying shares yesterday. A bit of a shame that it didn't offer a boost to the share price though.Ho Hum.
GORILLA_TOES
02 Dec 2014
A few reasons to buy ive just bought in at 583. ive taken a punt that has been a rather dramatic fall and no real evidence or reason why. no bad news....nothing (as far as i can see). also it has a historically a volatile share price. also it looks like its on the turn i.e. its hit the bottom. so for those reasons ive bought in. hope im right but i dont think it will drop further and will recover. Im not looking to hold for too long I would be happy with a quick 10%
foolish learner
02 Dec 2014
Re: SP drop below £5 - then buy- even if oil drops they will need repair men etc unless the oil companies are just going to walk away - and this company can manage and make money - i am not selling and see this back at £8+ mid 2015
MyHobby
02 Dec 2014
SP drop Hope we've hit the bottom with 570/580. Bit of a painful drop, should have seen it coming as it lagged the oil price drop by a few days last month. There's rumours of oil going below $60/barrel. Any credence to this story? If so this will dip below £5.00. D
II Editor
26 Nov 2014
NEW ARTICLE: Ben Graham's checklist for hunting high-quality value stocks "This is the third article in our series on how to screen the stockmarket for winners. Last week we introduced the father of value investing - Benjamin Graham - and investigated some of his early techniques for finding bargains trading below their ..."[link]
