Hydrodec Share Discussion Threads

[gimmetheloot] 22/1/2017 22:48

Cyber hub m
Andrew Black owns 26% of the issued share capital.

[gimmetheloot] 22/1/2017 22:47

What you should be looking at especially in the last few years that the board have not done a placing. Directors have been busy buying regularly and Andrew Black owner of Betfair has a wad of cash available for HYR to draw down on if needed and they have not used it yet. Yes insurance premium for the sites will be astronomical after the fire claim they made.

Fridays buying has been quite significant. This is not pi money. This is someone building a healthy position. I may be wrong but acquisitions are high on the agenda for the Chinese. Sinopec produce transformer oil but nobody as clean and green as HYR which is unique to the industry. Getting paid from carbon credits is certainly great news for the company going forward.

[cyberbub] 22/1/2017 22:42

Surely rent and insurance for operational matters (as opposed to central costs e.g. HQ office, BoD salaries etc) should be considered in the 'cost of sales' line?

I did a search on the 2013 placing RNS and I couldn't find any mention of the word 'warrant'. There don't seem to be a lot of options either. I am not too bothered if people have a few million here and there, it's whether anyone has 100-200M...

[capricious] 22/1/2017 22:29

I've not managed to find enough granular detail to work that out exactly. You could ask them, as they are normally open about such things.

They've cut the UK costs to the bone, including the move of headquarters, which where it is now, should be saving them a fair bit.

Obviously executive pay will be a chunk of that, insurance will now be bl*ody high, I also imagine rent, and possibly lease payments. They even had a land lease in Mississippi (if I've dug that from memory correctly, long time back now) for a possible second plant. This has probably been cut, not just for costs but the tie up with G&S changes things considerably.


As to warrants, off the top of my head, Mr Black has 8ml+ but I can't recall exactly if some of that was added to, or cleared during the last placing.

I don't know what a competitive salary would be for a CEO of a company Hydrodec's size and industry but I assume (or really rather a very rough guess), Chris must achieve near $5-600k. So far he's been worth it but others may thing differently.

[cyberbub] 22/1/2017 22:08

Cheers capricious.

Any idea why their admin expenses are so high? Am still digging... I don't like to invest somewhere that the BoD are being over-paid for the size of the company, or for under-performance...

Do you happen to know whether there are many options and/or warrants outstanding?

[capricious] 22/1/2017 21:58

Pretty good grasp of the positives, I wouldn't quite put the negatives in the same way though.

Don't forget that they now have a much better Australian business model. Prior to the move to Wagga Wagga, the young plant had around 20 employees for a relatively limited output.

It's still small compared to the US business, and although those saving (sadly for the employees) are probably already mostly on-stream, I think the complete cost reduction strategy will not be realised until H2 but I may be wrong.

For the most part, their expenditure will be in dollars (especially after the efficiency savings) but the sustained period of sterling being down by 20%, should help with final reporting.


H2 would've been helped by the buy-in from G&S and part payment of $1m+ in feedstock. Hopefully some of that would also have gained from the improving crude market, although at the current rate of output, that may have been used very quickly, and if the deal wasn't pegged to crude.

[gimmetheloot] 22/1/2017 19:42

Keya don't get involved trust me the filter button is perfect. Advfn know people do not want trolls posting that's why they give us the filter button. Works awesome ;-))).

[bulgarian] 22/1/2017 19:29

No way. I put wedge on that dog early doors in fairly la la land time. Wouldn't go near it now..with yours. ;-)

[keya5000] 22/1/2017 19:27

Not gone yet.

Waiting to be picked up.

Any minute.

[keya5000] 22/1/2017 19:26

Good trade by the way.

Well done.

[bulgarian] 22/1/2017 19:26

Keya,

You eat quick ;-)

[keya5000] 22/1/2017 19:25

Don't do leverage or credit Bulgarian.

You do presume an awful lot.

[bulgarian] 22/1/2017 19:23

Keya,

Oooh, makes my punt on GLEN at 49p look sad compared to all your CFD / T20s.

I only had £50k in it, but still was a ride - sold at £2.65, to leave some for the next man.

MSMN? You missed that dog off your list.

[keya5000] 22/1/2017 19:08

Bulgarian,

Momentum trades, I am not greedy or will I even proclaim to get them all right.

Recent trades that I recall from December/late November, several others but these had some weighting.

IDP 77p--£2.40 average sale.

KOD 0.17--0.39.

ZIOC--6.4--11p.

AYM--1.6--4.5.

JOG 90--£1.40

RED 8--11.5.

GGP .21---.37

NCCL 5.2--6.4.

Not sold any CAF/HNL yet and some free carry elements of all the above. In CAF at 2.5 average and HNL 7.8. My reasons to invest in these two are well known. If they go to 6-10p and 20p+ can I sell some?

Funny I thought the secret to this game was momentum trading and the protection of the investment thereafter.

I must be doing this all wrong.

When I see value I adjust my risk position accordingly.

What is wrong with that.

Everything I said would go to xxx price did and higher.

Some jump on for the ride and off, always leave some on the table for the next man.

[gimmetheloot] 22/1/2017 19:07

I've pressed the ignore button Keya ;-))

Enjoy the dinner.

[keya5000] 22/1/2017 19:00

Anyway Bulgarian I am off out for some dinner, enjoy the evening and no doubt we will catch up again at some stage tomorrow.

ATB.

[bulgarian] 22/1/2017 19:00

Keya.

Interesting portfolio of ramp and dump - out of interest, when you are pumping these stocks are you selling out at the same time?

[keya5000] 22/1/2017 18:58

Bulgarian,

Forgot I had NCCL & GGP also last week only held for a day in each so forgot about them.

Not sure what my successful momentum trades have to do here though?

Except to vindicate to others that at these levels value is here?

Just my thoughts

[keya5000] 22/1/2017 18:48

Bulgarian,

Recent ramps?

Never once held or commented on CHAL.

You also well know that I did very well on MSMN and it looked after me on two occasions at least. Last time must have been early 2016. Did not get involved on the failed USA thing they missed out on, felt it was just too damaged even for me at that stage after STEP failure.

Other 'recent' holds have been KOD, IDP, AYM, CAF, HNL, ZIOC, JOG, RED and a few others whose names elude me at the moment.

Done rather well on them all or waiting for something that I expect to happen to happen on the ones that have not come to the table yet.

Thanks for asking.

How have the recent deramps been doing, lot of effort in my opinion for not a lot of return?

But each to their own I am not one to judge others behaviour or likes.

[bulgarian] 22/1/2017 18:35

Keya

How are you doing on your recent ramps? MSMN, CHAL, etc. etc.

[gimmetheloot] 22/1/2017 17:49

Keep watching & learning!!