Hydrodec Share Discussion Threads

[1gw] 14/2/2017 14:18

On the delay, I don't read this as necessarily Aviva's fault.

The TR-1's say they notified both transactions the following day (i.e. 23rd Jan transaction was notified on 24th Jan, 30th Jan transaction notified on 31st Jan).

The notification is made to the "issuer" which I presume is Hydrodec (i.e. the issuer of the relevant securities).

So it reads to me as though the delay was not in Aviva but in the admin departments of the "issuer" and downstream.

Now it could always be that the notifications got "lost in the post" and Aviva subsequently sent a copy with the "original" notification date, but it could also be that they got lost in a Hydrodec postbox.

[capricious] 14/2/2017 13:58

Haha, yeah but I guess if this is part of an agreed plan, they will be selling out whether the share price is set to recover or not.

I think Aviva have sailed fairly close to breaking the rules, at least in the spirit, if not legally speaking. The rules state if you break 3% (hold) you need to disclose within two days. Then every 1% either way, there should be a notification (TR1), I don't know if in this case there is a similar two day rule. There are exceptions, e.g. if the company is registered outside the UK.


I'm guessing there's a good chance and others maybe assuming the same, with the very delayed notification, that Aviva could very well be all out, with further delayed reports to come. There has been enough volume in the intervening periods...

[yump] 14/2/2017 11:41

So is that what Aviva do with their investors money then - sell low ?

[capricious] 14/2/2017 11:04

Yep, I assume it was within the required time limit set out for such things. I guess that could mean there are a few more of these, much delayed RNS.

[1gw] 14/2/2017 10:58

Aviva holdings notices - much delayed.

[brucie5] 13/2/2017 19:05

Always good to test support. Significant recoveries need a base.

[capricious] 13/2/2017 16:58

Funny day, maybe there is a sell in the pipeline.

[yump] 12/2/2017 19:17

Am I on the right board here ?

I thought I had shares in Hydrodec, who if you work it out, will need a big increase in revenue to start to make an annual profit of any sort ...

The charts aren't even awesome if you bought all your shares at 2p. I think the chart may looked been more awesome last July, unfortunately the business hadn't shown any signs of reversing its trend.

Perhaps that's why no awesome charts were posted. The chartists knew it was just a blip and hadn't followed a real bottom, as they also looked at the business. What's that ? Chartists don't look at the actual business ? Oh, must be hindsight then I guess.

It may be a good guess at a bottom now though because of business developments. Is a long flat bottom a better bottom than a jumpy one... ?

Could you look at the business and guess it might have reached a bottom, without a chart ? Just based on the statements perhaps ?

[capricious] 12/2/2017 15:18

Ok no worries gimmetheloot.



On another site, they mention targets by voxmarkets. I don't have access to this, the previous analyst, which used to report that I do have access to, no longer covers but they mention 5p, 14p, 22p.

Not sure if they meant this was the broker target, and not the poster's own analysis. If anyone has access it'll be good if they can confirm but I can't see a broker quite giving those targets, just yet. (unless they are including 2-5 years)


Ah, there was a link one post prior.



Which means it was just a quick technical chart, and not full coverage, shame.

[gimmetheloot] 12/2/2017 15:02

All good CAP.

Thanks market Master , chart looks awesome ;-)

[market master] 12/2/2017 14:24

An easy ten bagger :

[showme01] 12/2/2017 14:21

Who knows when Aviva will have sold all of their shares? We can only use the info to hand. Must agree though that Aviva being out is quite different to them selling some.

[capricious] 12/2/2017 13:01

Then I suggest you use plain English every time, why you said something you didn't mean is beyond me. Not that our little debate is remotely important or particularly interesting to others here but If you actually reread what you said, there is no 'out' of context, I simply repeated what you said verbatim.

To be honest there was no need to get so tetchy, since I wasn't questioning you, I was wondering if indeed you knew they were out, as I didn't... but I'll try to remember next time that 'out', doesn't mean out but rather half-way out, or is that half-way in?

[gimmetheloot] 12/2/2017 12:30

Cap,

Let me put this in plain English.

Aviva is not selling everything, they are reducing their holding hence my comment "they are out now" meaning they have finished selling what they needed to sell.

So my comment "Aviva" and are out now should not be taken out of context. Hope that clarifies that.

[capricious] 10/2/2017 16:09

Well your last post firsts mentions Aviva, then towards the end, you mention "are out now", ipso facto, my previous comment.



"Yes Aviva reduces their holding and I have known this for several months.

Funds do this all the time, they have a threshold, dates they keep too and that's it it even a new fund manager comes in.

If I was this fund managers manager I would be buying not selling but they are out now so it's onwards and upwards from here!

[gimmetheloot] 10/2/2017 15:45

Cap,


Who said they were going all out??

They often reduce or increase!!

[capricious] 10/2/2017 14:15

I'm not sure Aviva are all out, the last RNS they still had around 83ml remaining.

[brucie5] 10/2/2017 14:13

Who bought, then?

[gimmetheloot] 10/2/2017 14:10

Yes Aviva reduces their holding and I have known this for several months.

Funds do this all the time, they have a threshold, dates they keep too and that's it it even a new fund manager comes in.

If I was this fund managers manager I would be buying not selling but they are out now so it's onwards and upwards from here ;-))

[capricious] 10/2/2017 13:50

Yes, if it's the same trade, then i recall it coming up

[1gw] 10/2/2017 13:42

jhhh - it wasn't masked - it was reported and commented on at the time.
----------
TheLung 27 Jan '17 - 10:00 - 3864 of 4019 0 0
13.8m at 1.8

gimmetheloot
27 Jan '17 - 10:10 - 3865 of 4019 0 0
Big trade at 1.8 nearly 14million

[1gw] 10/2/2017 13:37

Wbb - Maybe today's deletion trade means they didn't? Normally aren't these deletions accompanied by a reporting of the trade again (I.e. there was something slightly wrong with the original reporting so they have to delete the original report and then also report the corrected trade). So far we only seem to have the deletion.

I presume the correction is still to come, but maybe someone reported against the wrong security.

At the time I think the assumption was that it must be Aviva selling down further as they had just given a holdings notice for an earlier reduction.

[jhhh] 10/2/2017 13:36

All good stating the obvious right?

what about more big sells being hidden and to be reported?

[jhhh] 10/2/2017 13:35

There's no denial that someone sold 13.4m shs at 1.8p right?


Yes advfn has added the trade for that date now. It was not there previously.

It's a delayed sell transaction which MMS clearly masked.