Hunter Group (HUNT)

[aksjefokus]

Den ene som man ikke kan forutse er en kraftig resesjon/handelskrig, men shipping for å sitere Fredly “det er syklisk, så det har en tendens til å alltid komme tilbake, da det i perioder med elendig inntjening vil forekomme skraping osv”.

Ref cyclicals fra Security Analysis 1934:

[zappa66]

Noen som har litt teknisk innsikt å dele gjeldende Hunter? Hvordan ser det ut teknisk?

Teknisk må vi se at den etablerer seg over 4 kroner før vi kan si at tradingkanalen mellom 3 og 4 kr er brutt. Det er i denne kanalen Hunter har lagt siden Hunter ble Hunter

[TekBot]

Hunter Group ASA - Appointment of CFO

Oslo, 17. July 2019

Hunter Group ASA (the «Company») is pleased to announce that Mr. Lars M.
…

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Brynildsrud has accepted the position as CFO of the Company as from 12 August
2019.

Mr. Brynildsrud has more than six years of investment banking experience and has
been involved in a wide range of shipping and offshore related capital market
transactions. Most recently Mr. Brynildsrud comes from the position of Vice
President, Corporate Finance at Swedbank, a position he has held since 2018.
Prior to joining Swedbank, Mr. Brynildsrud was a partner in Pareto Securities
working both in Oslo and New York.

Mr. Brynildsrud holds a MSc in finance from the Norwegian School of Economics
(NHH), and a BBA from BI Norwegian Business School (BI).

As part of his remuneration package Mr. Brynildsrud has been granted 500,000 LTI
Options, with a strike price per share equal to the subscription price in the
Private Placement completed on 23 May 2019, i.e. NOK 3.65 per share, and with a
12 month vesting period on terms set out in the Company’s LTI rules, as adopted
by the Company’s AGM as per 25. April 2019, with effect from the commencement
date of employment. Further, as per the date of this release, Mr. Brynildsrud
also owns 15,400 shares in the Company.

For further information, please contact: Erik Frydendal, CEO +47 957 72 947 E
-mail: ef@huntergroup.no

This information is subject to the disclosure requirements pursuant to section 5
-12 of the Norwegian Securities Trading Act.

Kilde

[TekBot]

Hunter Group ASA - Approval of Prospectus and Subsequent Offering

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, DIRECTLY OR
INDIRECTLY, IN OR INTO THE UNITED STATES, AUSTRALIA, CANADA OR JAPAN, OR ANY
OTHER JURISDICTION IN WHICH THE RELEASE, PUBLICATION OR DISTRIBUTION WOULD BE
…

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UNLAWFUL. THIS ANNOUNCEMENT DOES NOT CONSTITUTE AN OFFER OF ANY OF THE
SECURITIES DESCRIBED HEREIN.
Approval of Prospectus

Reference is made to the Hunter Group ASAs (the Company) completed private
placement of 190,454,000 new shares, at a subscription price of NOK 3.65 per
share, raising gross proceeds of NOK 695,157,100 (the Private Placement).

The Financial Supervisory Authority of Norway has today, on 17 July 2019,
approved a prospectus dated 17 July 2019 (the Prospectus) which has been
prepared in connection with the: (i) listing of the shares in the Private
Placement; and (ii) subsequent offering and listing of up to 19,045,400 shares
in a Subsequent Offering (as described below).

The shares issued in the Private Placement, currently registered on a separate
ISIN, will as a consequence be transfered to the ordinary ISIN of the Company.

The Prospectus will, subject to regulatory restrictions in certain
jurisdictions, be available at DNB Markets’ website,
https://www.dnb.no/emisjoner.

---

Subsequent Offering

Reference is made to the previous announcements by the Company relating to the
subsequent offering (the Subsequent Offering) of up to 19,045,400 new shares
(the Offer Shares) for raising gross proceeds of up to NOK 69,515,710.

The subscription period for the Subsequent Offering will commence on 22 July
2019 and expires at 16:30 hours, Oslo time, on 5 August 2019 (the Subscription
Period). The subscription price in the Subsequent offering is NOK 3.65 per Offer
Share.

The Company will issue subscription rights (the Subscription Rights) to eligible
shareholders, being the holders of Shares as at the end of trading on 22 May
2019 as registered in the VPS as of 24 May 2019 (the Record Date), who were not
allocated shares in the Private Placement and who are not resident in a
jurisdiction where the Subsequent Offering would be unlawful, or would (in
jurisdictions other than Norway) require any prospectus filing, registration or
similar action (the Eligible Shareholders).

Eligible Shareholders are, based on their registered holding of Shares in the
VPS at the end of the Record Date, be granted non-tradable subscription rights
providing a preferential right to subscribe and be allocated Offer Shares in the
Subsequent Offering (the Subscription Rights). Eligible Shareholders will be
granted 0.194939 subscription Rights for each of the shares held as of the
Record Date. Each Subscription Right grants the owner the right to subscribe for
and be allocated one (1) Offer Share. The Subscription Rights will be
distributed free of charge, and the recipient of Subscription Rights will not be
debited any cost. The Subscription Rights will be registered in the VPS under
ISIN NO0010859697 and will be distributed to each Eligible Shareholders’ VPS on
22 July 2019.

Over-subscription is allowed. Subscription without Subscription Rights is not
allowed. The final size, allocation and issuance of the Offer Shares will be
subject to formal approval by the Board following expiry of the Subscription
Period. The Subscription Rights will not be tradable. Upon expiry of the
Subscription Period, the Subscription Rights will expire and have no value.

If an Eligible Shareholder holds shares registered through a financial
intermediary as of expiry of the Record Date, the financial intermediary will
customarily give the Eligible Shareholder details of the Subscription Rights to
which it will be entitled. The relevant financial intermediary will customarily
supply each Eligible Shareholder with this information in accordance with its
usual customer relations procedures. Eligible Shareholders holding their
interests through a financial intermediary should contact the financial
intermediary in order to receive information with respect to the Subsequent
Offering.

The Offer Shares will be listed on Oslo Axess, with ticker HUNT as soon as the
share capital increase pertaining to the Subsequent Offering has been registered
with the Norwegian Registry of Business Enterprises and the Offer Shares have
been registered in the VPS under ISIN NO0010283211, which the Company expects
will take place on or about 19/20 August 2019.

DNB Markets, a part of DNB Bank ASA, acts as Subsequent Offering Manager in
connection with the Subsequent Offering.

Further information, including the complete terms and conditions for the
Subsequent offering, is set out in the Prospectus, dated 17 July 2019. The
Prospectus will, subject to regulatory restrictions in certain jurisdictions, be
available through the Subsequent Offering Manager’s website:
https://www.dnb.no/emisjoner.

This information is subject to the disclosure requirements pursuant to section 5
-12 of the Norwegian Securities Trading Act.

For further information, or for printed copies of the prospectus, please
contact: Erik Frydendal, CEO +47 957 72 947 E-mail: info@huntergroup.no

Important information: The release is not for publication or distribution, in
whole or in part directly or indirectly, in or into Australia, Canada, Japan or
the United States (including its territories and possessions, any state of the
United States and the District of Columbia). This release is issued for
information purposes only, and does not constitute or form part of any offer or
solicitation to purchase or subscribe for securities, in the United States or in
any other jurisdiction. The securities mentioned herein have not been, and will
not be, registered under the United States Securities Act of 1933, as amended
(the US Securities Act). The securities may not be offered or sold in the United
States except pursuant to an exemption from the registration requirements of the
US Securities Act. The Company does not intend to register any portion of the
offering of the securities in the United States or to conduct a public offering
of the securities in the United States. Copies of this announcement are not
being made and may not be distributed or sent into Australia, Canada, Japan or
the United States. The issue or exercise of subscription rights, and the
subscription, purchase or sale of shares in the Company are subject to specific
legal or regulatory restrictions in certain jurisdictions. Neither the Company
nor the Subsequent Offering Manager assumes any responsibility in the event
there is a violation by any person of such restrictions. The distribution of
this release may, in certain jurisdictions, be restricted by law. Persons into
whose possession this release comes should inform themselves about and observe
any such restrictions. Any failure to comply with these restrictions may
constitute a violation of the securities laws of any such jurisdiction. The
Subsequent Offering Manager is acting for the Company and no one else in
connection with the Subsequent Offering and will not be responsible to anyone
other than the Company providing the protections afforded to their respective
clients or for providing advice in relation to the Subsequent Offering and/or
any other matter referred to in this release.

Kilde

[Solux]

Trodde ikke jeg skulle få kjøpt hunter på lavt 3 tallet i dag, dette syntes jeg er billig med tanke på nærliggende IMO2020 rekyl og stålverdiene pr dags dato!

[aksjefokus]

Med VEK på 4.2-4.4 så er det hyggelige priser i butikken nå.

Kjøpte noe selv på fredag, men 2-3% fra eller til spiller liten rolle for den langsiktige. Får vurdere å handle mer.

[Solux]

Enig. Har litt krutt på lager til i morgen også, kan ikke se at dette ikke er en god investering

[Stianbu]

Mhm, følte jeg var vell “optimistisk” når jeg la inn kjøpsorde på 3.22 idag, men vi var vell nede i 3.15. Blir spennende å se imorgen. Mulig at Fredly trykker inn gassen om vi forsetter ned, eller om han anser seg som ferdig lastet.

[aksjefokus]

Det kan også tenkes at han ikke kan kjøpe, om det f. eks er samtaler om salg av skip eller liknende potensielle transaksjoner gående.

[Stianbu]

Godt poeng.
Første skip leveres vell 16. sept, så bare å vente ut den siste måneden nå. Tror høsten kan bli morsom

[TekBot]

Hunter Group ASA: Cancellation of subsequent repair offering

Oslo, 6 August 2019

Reference is made to the stock exchange release by Hunter Group ASA (the
…

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“Company”) on 17 July 2019 relating to the subsequent offering (the Subsequent
Offering) of up to 19,045,400 new shares at a subscription price of NOK 3.65 per
share.

Based on the trading price of the Company’s shares as per the end of trading on
5 August 2019, i.e. the last day of the Subscription Period, NOK 3.19 per share,
and given that the shares have traded below the subscription price of NOK 3.65
over the last weeks, the Board of Directors has resolved to cancel the
Subsequent Offering.

Shareholders who were not allocated shares in the private placement completed on
23 May 2019 should be able to acquire shares in the market at a lower price than
the subscription price.

Hence, the Board of Directors is of the opinion that cancellation of the
Subsequent Offering is protective of the Company’s shareholders since it
contributes to avoid the risk of shareholders subscribing for shares at a higher
price than the current market price for the shares.

For further information, please contact: Erik Frydendal, CEO +47 957 72 947 E
-mail: ef@huntergroup.no

This information is subject to the disclosure requirements pursuant to section 5
-12 of the Norwegian Securities Trading Act.

Kilde

[Solux]

Jeg har valgt å trekke min posisjon i dag, da fallet vi hadde skremte meg litt ang gulvet i aksjen. Men det jeg er mest redd for er at skipene ikke er finansiert enda. 90musd mangler om ikke skip 2 selges, og det er ikke pent lite i dette markedet vi ser nå.

[Cinvest]

For 2 dager siden skrev Solux følgende :

“Trodde ikke jeg skulle få kjøpt hunter på lavt 3 tallet i dag, dette syntes jeg er billig med tanke på nærliggende IMO2020 rekyl og stålverdiene pr dags dato!”
“Enig. Har litt krutt på lager til i morgen også, kan ikke se at dette ikke er en god investering ”

…Morsomt Solux. Veldig viktig å få frem den siste posten din over, nå som du plutselig skiftet posisjon over natten. Lykke til videre!

[aksjefokus]

Tøft å holde ut dette fallet i oljeprisen, så har forståelse. Her må man bare holde ut.

De som selger Hunter på under 3.3 selger indirekte VLCCer til omtrent all-time low om du justerer for inflasjon. 3.2 kurs tilsvarer rundt 82.5 per balje ex scrubber.

[UNO]

Economic developments
• The general development of and prospective future of the economy, and in particular the oil and offshore industry, may affect the profitability of the companies the Company has invested in. Negative economic developments may lead to a downturn in the future prospects of the companies and sectors the Company has invested in, and may also make it more difficult to raise equity or loan capital which may affect the operations of the Company. These risks may lead to a loss of whole or parts of the Company’s investments in such companies.

Ref siste Investorpresentasjon

[aksjefokus]

Dette er en standard disclaimer som du finner i alle 10-Qs, 10-Ks og presentasjoner for alle selskaper. Jeg tror de fleste som har litt erfaring med shipping vet at ratene kan være gode selv når oljeprisen er lav og det er veldig mange faktorer utenfor bare oljeetterspørsel som påvirker ratebildet.

Hunter sin finansielle situasjon er god, særlig gitt prisene de har kjøpt båtene på, verdiøkningen og deres finansierings-vilkår. 275 bps margin er lavt, veldig lavt.

[aksjefokus]

Fra Fearnleys Rapport:

VLCC
It’s been close to a perfect storm in the VLCC market in the week gone by, with very strong demand in all areas, falling bunker prices and looming typhoons in the Far East. MEG eastbound rates have gained upwards to 10 points, with West Africa/East following suit, and to an extent leading the way – now firmly established in the mid ws50’s.

USG export freights have similarly strengthened, now said to have reached USD 6.5 for the benchmark Koreas destination, although yet to be confirmed. The only cloud on the horizon has been a number of oil company relets boosting an otherwise thinning supply side.

Although activity is expected to slow down going into next week, we see little downside risk short term. Whether this is the start of the long anticipated paradigm shift remains to be seen, but for now owners are making themost of daily earnings not seen for a long time.

[mtryfoss]

Kontraktsrykte er superbull for tank

[aksjefokus]

Ja, og her selges det ned blindt. Må vel bare utrette en takk til de som gjorde det mulig å kjøpe på 3.05

[Stianbu]

Vi takker og bukker. Økte posisjon med 18% på 3.06, så fornøyd med den.