Tag Archives: HUNT-NO
HUNT-NO (BUY, TP NOK 5.8) Hunter Is Hitting All the Targets (7-page report)
Since our initiation in early April, Hunter has moved ahead on its three options and have added another three to its portfolio. Today, the company announced an equity raise of gross ~$64m which would leave the company fully financed until...
Oil Tanker Sector Upgraded to BUY: Finally, Time to Tank Up
We upgrade the Oil Tanker sector from HOLD to BUY So far, we have perfectly timed our recommendations as far back as 2015 as we foresaw the cyclical peak and have since been awaiting the expected mid’18 inflection point. Given...
HUNT-NO (BUY, TP NOK 3.3): Initiation of New VLCC Pure-Play
Mr. Arne Fredly is in the process of re-branding failed Oslo-listed oil service company Hunter Group (former Badger Explorer) into a VLCC pure-play, infusing four VLCC newbuilds plus three optional berths at DSME. Given our view of ~70% asset price appreciation...
