Hunting: Figures look slightly better than expected

Discussion in 'Forex Trading Signals & Forecasts' started by Sandra S., Mar 3, 2016.

  1. Sandra S.

    Sandra S. Forum Member

    Sep 1, 2015
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    A very quick word on Hunting this morning, I will comment at length after this mornings analyst meeting. At first glance the figures look slightly better than expected, particularly at the debt level. Operating profit of $16.4m becomes a loss of $282.9m after impairment charges of $259.7m and a -surprise, appeasing- dividend of 4c is announced. The company announce a mixture of new investments at facilities in the US, South Africa and Singapore as well as four sites being closed and three

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