12 days ago
‘Precision engineering’ company Hunting (HTG) has issued a trading statement including “total cash and bank / (borrowings) of c.$59 - $61 million at year-end, reflecting strong cash collection in final quarter, and after net acquisition, dividend, treasury share and share buyback outflows totalling c.$138 million” and that it expects good organic growth this year. What about the statement in the context of the company’s valuation at an around 400p share price?
