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HYR Hydrodec Group Plc

3.25
0.00 (0.00%)
23 Apr 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Hydrodec Group Plc LSE:HYR London Ordinary Share GB00BFD2QZ40 ORD 50P
  Price Change % Change Share Price Shares Traded Last Trade
  0.00 0.00% 3.25 0.00 01:00:00
Bid Price Offer Price High Price Low Price Open Price
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
  -
Last Trade Time Trade Type Trade Size Trade Price Currency
- O 0 3.25 GBX

Hydrodec (HYR) Latest News

Real-Time news about Hydrodec Group Plc (London Stock Exchange): 0 recent articles

Hydrodec (HYR) Discussions and Chat

Hydrodec Forums and Chat

Date Time Title Posts
22/1/202304:01Hydrodec - oil good enough to drink4,789
19/10/201916:11HYR - Podcast2
06/11/201713:44Hydrodec - multi-Bn$ market for transformer oil157
29/6/200514:29URGENT!!! CHECK OUT HYDER TRADES TODAY!!!!!40
15/4/200011:05Hyder in talks1

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Hydrodec (HYR) Most Recent Trades

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Trade Time Trade Price Trade Size Trade Value Trade Type

Hydrodec (HYR) Top Chat Posts

Top Posts
Posted at 12/8/2021 21:00 by thetrotsky
I don't blame Andrew Black; he has supported the company financially. He owns circa 30% of the issued share capital and provided susbsequent (secured) loans to try and keep the company afloat (he couldn't subscribe for any more shares, even if he wanted to, without launching a bid for the company). He wasn't involved in the operational side of the business. This was a business that should have thrived but instead was cut off at the knees by its suppliers (the fact that one supplier, who had failed consistently to meet quota, took umbrage when we sought out an additional supplier speaks volumes) and it's banks (I don't know how they got themselves into the over securitisation mess they did and why they couldn't then extract themselves). Also, don't forget they got sued in Australia! No, I definitely don't blame Andrew Black; Moynihan was actually paid for pushing us further into the mire!
Posted at 26/11/2020 13:52 by capricious
I would hope so. Ordinarily I’d think the previous news would’ve been fairly positive for the share, if it were not temporarily suspended.
Posted at 19/5/2020 17:14 by dplewis1
Just needs to be wound up now .. poor Andrew Black must wish he never came across HYR!
Posted at 02/10/2019 15:15 by wrecktangle
They are holding the price hard. Anyone able to get a buy quote?
Posted at 02/10/2019 12:07 by wrecktangle
Babbler I have been following you. I am in.

Seller is in fact out and there have been some absolute monster buys landed this morning. The HYR drop has been massively oversold.

It has gone from 42p to 10p in the last week. I am willing to bet this is going to re-rate massively.
Posted at 27/9/2019 11:19 by 123gmtrader
I'm surprised you took the risk here Babbler as you've been trading for years.

The results were an absolute shocker.
Two year plan to turn the company around. They said in the last results that everything was going to plan yet in the last 6 months feed stock issues have arisen from G&S and they said nothing. Canton has gone from EBITDA profit to a lose.
If the Australian plant had not been sold the loss would of been huge.

Cash wise they say they have enough to last 12 months (if you believe them)but that is only with an additional 3 million from Mr Black.

Market cap of about £3.4m,enterprise value of £18m which means they owe approx £14m which is more than the Intrinsic value of the company.

Then you have to question the appointment of David Dinwoodie as CEO who in his short time sells the Aus. plant to his boss Mr Black. Job done and he leaves because of conflict of interest. You can say that again.

Imo, the only reason the share price is not 3p atm is that there are buyers at the support level. This will make its way lower over time and I'm guessing Mr Black will pick up the rest of Hydrodec in a year or two.
Posted at 28/8/2019 15:48 by 123gmtrader
Several problems here I see.
First off, talk of everything going to plan but what the market wants to see is profits and to date, talk is all there is.
Secondly, the selling of the Australian plant took way to long with info dripped to the market. In the end, it was sold cheaply and for a second time the NED, Mr Black has picked up another bit of HYR cheap. Got to wonder if you can really trust any bod and whether they are helping their own.
Thirdly, when they consolidated the shares, they made the shares very illiquid. So, anyone with any considerable holding selling will send the share price plummeting. This will ofc, work both ways but good news would need to be given to do that.

Ofc they talked of delivering material upside for the shareholders, they want to hit the targets so they can claim their free shares.
Posted at 23/6/2019 18:26 by 123gmtrader
I can certainly see both sides here.

First off, the Bear side.
Hydrodec was formed years ago and has failed to become a profit making company, always offering jam tomorrow.
A good example of jam tomorrow is the Australian plant. The board had suggested it would of been sold earlier in the year but we are still waiting. It has cost a lot more than expected in the last 6 months and there are still decommissioning and associated costs which are unclosed and then the priced quoted is going to be $0.6m less than expected. Will the royalties make up the difference?
Finance has always been tight with the company with a hefty dilution last year.
It is possible that HYR will continue to plod along always failing to not quite hit the figures due to some unforseen circumstance.

The Bull side.
To understand HYR you need to know the history of the company.
HYR started back in 1992 under the company name CSIRO with the intention of removing PCBs from naphthenic oils. PCBs are known to cause cancer.
In 2001 HYR was formed and in 2004 was listed on AIM.
The first plant was built in Australia in 2006 and Canton (USA) was built in 2008.
In 2011,HYR formed an alliance with a Japanese company called Kobelco, where they would use Hydrodec's technology to remove PCBs from from Transformer oils within Japan.
In 2012 there was a massive earthquake just off the coast of Japan causing a tsunami which in turn caused massive destruction within the country. This is where HYR started it's troubles imo.
In 2013 HYR bought up the OSS group after spending time looking for a European base. HYR now had positions in Europe, America, Australia and Japan.
In December 2013, the American plant, Canton was put out of action due to a fire. It would be almost 2 years before the plant is back to full operations.
In 2014 HYR's allance in Japan was ceased due to stricter laws on holding contaminated products. These laws came about because the damage and pollution caused from the earthquake in 2012.
Also in 2014, was the start of the crash of the price of oil.
In 2015, HYR bought ECO oil, which would be used to supply Hydrodec's plant, OSS.
In 2016, HYR sold off hydrodec UK to A Black for £1.
In 2016, HYR had Carbon Credits(CC)approved.
In 2017, HYR sold it's first CCs and further patented it's technology.
In 2018, HYR further patented it's technology for Europe. HYR also did a equity raise for £11.2m

Investor talk of jam tomorrow and it can look like that but the fact is, HYR over stretched themselves, trying to run in too many continents before they could walk.
So when and earthquake hit, followed by a fire and the the Oil crash, Hydrodec, who had not yet become profitable, was financially in trouble.
The last few years the company was in dire straits financially and I believe most private investors did not understand how badly the company was.
Chris Ellis was appointed interim CEO with the main job of keeping the company alive, primarily by reducing costs. Head office workers were reduced to a bare minimum as well as BOD with the company reduced to only 2 full time bod and 3 NE BOD.

The placing last year saved the company, reducing debt and giving it some cash to allow increased purchases of feedstock.
The company is now basically down to one plant, Canton, which is better placed to grow. The Australian plant has been a drain on cash and though HYR have taken longer to sell than anticipated and getting a lower price, the company will be financially better off with it gone.
There is also talk of using Hydrodec's technology with Slickers (formerly Hydrodec UK.
There is considerable holdings by the BOD and iis.
Small profits from CCs but the benefit far out ways the cash. These can be used to offset other companies pollution and entice them to use cleaner oil in a world that is starting to see greater recycling needs.
The company, having reduced the debt, has cash to use to help buy larger amounts of feedstock and its the feedstock, or lack of it, that has been a big issue. If they can increase the feedstock supply, by having greater cash available, the use of CCs and also by creating closed loop contracts then Canton will be able to increase it's utilisation rates.
At a 70% rate, there is just a 35% cash return, but at 90% it rises all the way to 90% cash return on investment.
There has also been talk of adding another train to Canton from the proceeds of the AUS plant.
Due to the companies unique product which is protected in the US and Europe via Patent, there is going to be an increase of up to 50% in the retail price of the transformer oil.


I really could go on and on, but to sum it up, HYR over expanded too quickly and when a series of events happened the company almost finished. Now with AUS plant almost gone, HYR are back to basics and can concentrate purely on the US. If only they had done that to start with!
So what it all boils down to now is, can they procure enough feedstock?
Posted at 10/6/2019 06:53 by lukmanpatel
Another troll by the username lsehotdealz haha, share price is stagnant and there’s talks of fundraise at 10p on that board lol desperation has lead to going round posting on different board to prevent share price from dropping, usually ud stay quiet and average down and accumulate if you see huge potential lmaoo he’s spamming all the boards and a newly registered today as a member lol
Posted at 26/1/2017 12:21 by trotterstrading
I've been buying the dips over the past few sessions. I think we have a solid recovery play on our hands. Obvious disconnect between the oil price trend and HYR share price. The seller is facilitating an unnatural market and entry level IMO.
Hydrodec share price data is direct from the London Stock Exchange

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