Hardide Share Discussion Threads

[cashflo] 15/11/2024 15:22

Yep just poor perfomance

[quemaster] 11/11/2024 07:14

Interesting article in this month's “Aerospace Manufacturing Magazine”. It talks about Hardide’s advantages over hard chrome and thermal spray coating on aircraft applications which it’s increasingly replacing.

[quemaster] 01/11/2024 07:27

I think the reason for the current share price is people are looking at £0.8M less turnover than the previous year, at a glance it seems like Hardide are going backwards.
I put this down to the energy sector, the H1 revenue was £0.8M compaired to £1.9M in H1 2023, there was no sign that it had recovered in H2 from the year end trading update with talk of continued destocking, the oil price in H2 probably didn’t encourage spending.
Aerospace however had £0.5m revenue in H1 almost as much as the past two years combined in six months trading and the pre coated range has had positive language surrounding it since the launch at the end of H2. Turnover recovered to reach cash flow positive in H2, we won't know the breakdown until the results are published but I think industrial and aerospace are advancing as energy stayed in the doldrums.
2023 revenue was derived from energy 63% industrial 30% and aerospace 7%.

[mudbath] 31/10/2024 17:34

I agree with your assessment quemaster, for I saw HDD as an attractive investment even at a time when its share price had fallen to 10p.
Why then is it now languishing at half of that figure?
Without the costs associated with HDD's AIM listing, profitability could be achieved at a much earlier point.
Whilst there is currently no overt talk of a delisting; the possibility does linger.

[quemaster] 28/10/2024 16:48

Could you elaborate Mudbath, I wasn't aware of any possible delisting.

(edit) In hindsight I assume you are talking about a possibility in the future should the company fail financially. I think it was the share price performance at the time of your post that made me think I had missed something.

I believe the future is bright here with new management, B/E reduced to just over £5M, a rapidly growing aerospace sector, and a new addition to industrial revenue with the pre coated range. If the energy sector recovers as predicted in the update Hardide are looking really good for 2025.

[mudbath] 24/10/2024 16:22

HDD would appear to provide a reasonable investment opportunity at this current low level; were it not for the shadow of a possible delisting.

[cashflo] 17/9/2024 09:08

Why dropped? Thought this was on its way. Oh no

[quemaster] 22/8/2024 10:11

Dr Yuri Nikolaevich Zhuk is the co founder and technical director of Hardide, the technology was originally developed in Russia.

[petersinthemarket] 22/8/2024 09:18

Can someone pls explain the ''Russian'' connection in the title?

[cashflo] 24/5/2024 11:35

Thanks Mike i appreciate the info

[pugugly] 22/5/2024 06:56

Cooley - Ex ITM power.

[livewireplus] 22/5/2024 06:50

Interim statement is out. The two months ended 31 March 2024 look promising .....

[cashflo] 17/5/2024 21:08

Who is Dr cooley?

[rogerramjet] 01/5/2024 10:37

Dr Cooley at it again! Raised their stake.

[cashflo] 30/4/2024 19:41

Wehaaay here we go boys!

[cashflo] 23/4/2024 11:12

So super !! up today

[cashflo] 10/4/2024 21:54

More flatlining again maybe change the name of the company? flatdide? llol

[cashflo] 02/4/2024 18:34

more dumping again theres just no hope here is there

[cashflo] 28/3/2024 00:15

What does it mean?

[ansc] 26/3/2024 19:22

25 March 2024 - Hardide plc ("Hardide", the "Group" or the "Company")

AGM Statement

Hardide plc (AIM: HDD), the developer and provider of advanced surface coating technology, will be holding its Annual General Meeting at 11:30am today, at which the Chair will provide the following update on trading in the financial year to date.

'Hardide expects to report revenues for the first half of the financial year (H1 FY24) of circa £2m, compared with £2.9m in the equivalent prior year period.

As reported in our annual results announcement on 8 February 2024, this reflects a slower than expected start to the financial year, as certain customers reduced their inventory holdings. Hardide's trading momentum has since improved, but has not advanced beyond prior year levels.

We anticipate a stronger second half as order patterns from major OEM customers normalise, supplemented by ongoing sales growth into aerospace markets and initial sales of industrial consumable spares product sold directly to end user customers.

Further action is being taken to further reduce costs and improve revenues and margins in order to underpin existing expectations for an EBITDA positive performance for FY24.

We are very grateful for the support of new and existing investors in our recent capital raise to help enable us to deliver on our strategy.'

[cashflo] 26/3/2024 14:18

no volume tho

[marktime1231] 26/3/2024 13:50

Hard to share the "extreme excitement" of the interim CEO, we need to hear about improved financial performance not niche product development.

[cashflo] 26/3/2024 11:33

Nice bit of news