Hydrodec Share Discussion Threads

[mally6] 07/1/2016 18:07

this certainly looks interesing bought in today,good news on a bad day think this will move up gradually

[dreamtwister] 07/1/2016 11:04

mortimer jog on.

[mortimer7] 07/1/2016 10:59

Volatility in share price today attracting Muppet day traders who screw up the market:-
9.34am 46,735 @ 3.8900p
10.04am 46,735 @ 3.3750p

9.11am 16,952 @3.4450p
10.18am 16,952 @3.3500p

They scavenge about & keep the market makers employed, which in turn encourages the MMs to think what they're doing is right.
Not good for investors, but I guess the share price has now fallen so far that this is where we find ourselves.

[mortimer7] 07/1/2016 09:30

What a day to issue news! HYR actually top of risers list at the moment +31%.

[1gw] 07/1/2016 07:21

Nice clean positive RNS this morning. I like the reference to a profitable 2016...

"This is the first step in management's focus across the Group on execution, delivering improved operational performance and efficiencies and driving the Company to a profitable 2016"

[luminoso] 06/1/2016 10:55

Oil price hitting new lows.

[shepc] 06/1/2016 09:19

Anyone know what's causing the drop, other than selling? Please

[1gw] 29/12/2015 15:40

Bought a few more on the back of Moynihan's recent purchase.

[capricious] 21/12/2015 11:00

There will be a compression on margins but as they ramp up sales the effect is averaged out. The key is demand which still looks good, and the US is also still in a growth phase.

The UK will suffer more but it depends on how successful they have been with the cost savings and the new charging structure.. i.e those with used oil now have to pay for offloading it. believe most collectors have started charging.

[spike_1] 21/12/2015 10:36

Obviously suffering from the downtrend in oil prices. It may not be until the next set of results that we can see what effect - if any - that has had on our profitability.

At the moment certainly no obvious reason to sell - at least not for me.

Ho hum - Mike

[squintyflinty] 17/12/2015 10:35

Definately worth a punt at these levels,furthermore backed by purchases from two directors,who can obviously appreciate that these are oversold.I'm back in.

[capricious] 16/12/2015 15:14

I wonder if the proposed lifting of the ban on oil exports, means Superfine can be exported (if the ban also prevents re-refined oil products)

[capricious] 15/12/2015 16:24

The oil situation is troubling and although any change in trend has been delayed longer than I surmised, the picture could flip just as quickly.

Reports are that the Saudi's are very slowly trimming production, not enough to make any difference in the short term. Spare capacity is 1.5million barrels (unlike 10million during the last oil rout). Global demand is increasing and US output is set to fall next year but US growth, looks to be set in for a while yet.

The stronger shale producers will lift output the momment prices recover but hopefully after the shake-out, we get a period of stable prices, rather than gyrations, which is actually more important.

[capricious] 15/12/2015 16:09

If Mr Black's history is anything to go by, he does go out of his way to support his interests. The football club being a good example, I think he supported the club financially for a long time when others may not have done the same. By all accounts, he also seems a good family man... now this may have no relation to how one conducts themselves in business and not knowing him personally, it's obviously subjective.


I would've thought it was also in his interest for the company to progress with a full year of oil production, to help on the share price front.

[sheeza] 15/12/2015 13:09

The worry is now that Black has lent the co so much money, its future is in his hands. Does anyone know his past history?

[capricious] 11/12/2015 12:07

Canaccord gives buy rating with 10p target

[tradeyodha] 08/12/2015 14:14

Just bought HYR as planned:



please dyor

@TradeYodha

[mortimer7] 07/12/2015 16:16

Another Director buy : Lord Moynihan 370,583 shares, total circa £15750.

[capricious] 04/12/2015 21:16

That's not necessarily a bad thing. Ian is indeed a key figure but the new industry specific changes to process etc, brought about by his tenure, have already been put in place, as well as the strategic goals.

Chris was instrumental in procuring the favourable insurance settlement, executing on business efficiency will be what he does best.

[caradog] 04/12/2015 20:03

I, for one, am glad I got out a few weeks ago. With the only oil man gone, this company is being run by accountants, a Lord, and Dame Mary Archer, bless her fragrant little socks.

[capricious] 04/12/2015 17:44

We've also had two recent notes, one from Peel and one from Edison. Now, these reports are often based on a company hitting long term goals but they do require some due diligence. You'd think if the company was going bust the reports might've mentioned something. Any idea why the switch to another adviser?

Hopefully once the panic settles, we'll learn what direction the board is going from here.

[capricious] 04/12/2015 17:30

I missed the 3, where was that announced.

I think this must be a significant shift towards operating performance, rather than strategic matters. We'll never know exactly why but with the long term goals already set, the market needs convincing with improved performance and or delivery, regardless of the problems outside of the company's control.

[themariner] 04/12/2015 17:13

I am another disappointed relatively long term holder (and conviction supporter) of HYR. I would really like to hear the back story to the Smale (and other) departures. I thought he was highly regarded in the business, and was delivering, albeit the company was unfortunate with the accident. Management cannot do much about wider oil price sentiment issues, all they can do is keep moving the company towards sustainable profitability and cash generation. I'm holding and considering topping up but am waiting for the dust to settle.

[sheeza] 04/12/2015 16:49

Smale AND 3 Independant Directors going suggests to me that bad things are on the way. A take it or leave it offer at next to nothing would seem to be on the way as the co seems to have no support. But I'm hanging on to my losses in hope of better things!