Hardide Share Discussion Threads

[johnwise] 13/8/2019 07:49

Via ansc

Company broker comment this morning:

Airbus A330 award provides strong boost

The company has published a significant RNS reach today announcing that it has
gained a further important award with Airbus. The announcement states that its
Hardide-A coating has been specified as the replacement for the use of the hard
chrome plating (HCP) process on the Airbus A330 compression flap pads. This
follows an earlier announcement by Hardide on 14 May 2019 that it had been
specified for use on the Airbus A380, again for its compression flap pads.
Today’s announcement is important and adds weight to the view that Airbus will
roll out the Hardide coating across its different aircraft platforms, with anticipated
additional contract awards offering further scope for out-performance.

Their target price remains at 88p.

[johnwise] 12/8/2019 15:34

astonedt, thank you for the link, looking good +11.50 pence

[ansc] 12/8/2019 15:04

Company broker comment this morning:

Airbus A330 award provides strong boost

The company has published a significant RNS reach today announcing that it has
gained a further important award with Airbus. The announcement states that its
Hardide-A coating has been specified as the replacement for the use of the hard
chrome plating (HCP) process on the Airbus A330 compression flap pads. This
follows an earlier announcement by Hardide on 14 May 2019 that it had been
specified for use on the Airbus A380, again for its compression flap pads.
Today’s announcement is important and adds weight to the view that Airbus will
roll out the Hardide coating across its different aircraft platforms, with anticipated
additional contract awards offering further scope for out-performance.

Their target price remains at 88p.

[ansc] 12/8/2019 13:05

Typically, the Market Manipulators have now closed shop, can get an online quote now for just a measly 1.0k.

[pldazzle] 12/8/2019 11:31

This might be relevant?

Edit - changed link:

(but note that this concerns A380, as distinct from A330)

[nestoframpers] 12/8/2019 09:08

Well it is a new development I'd say , gradually creeping over the whole plane !

("Hardide" or "the Group" or "the Company")



Hardide selected for Airbus A330 wing components



Hardide (AIM: HDD), the developer and provider of advanced surface coating technology, is pleased to announce that its Hardide-A coating has been selected as the replacement for hard chrome plating (HCP) on Airbus A330 compression flap pads.



Hardide-A has been developed specifically to meet the needs of the aerospace industry; it is a hard wearing, quality product, environmentally compliant with demonstrable long-term performance qualities.

[rogerramjet] 12/8/2019 08:26

Keep the Airbus news dripping.

[empoggio] 30/7/2019 18:13

The only problem withHDD is the lack of liquidity in shares

[cashflo] 29/7/2019 16:19

What I don't understand is the news is great but it's not being reflected in the shareprice. In my opinion this could get bought out for 60 - 70p per share and that's the last we see of it.

Other companies report something like: "staff find £1 coin in road" and the shareprice rockets up but with hardide it seems like it could invent light speed space travel, make a machine that makes gold, etc etc and the price still stays as flat as the M4.

[ansc] 26/7/2019 14:07

Price raised by 1p but no mark recorded, largish buy going to be declared 'L(ate)'?

[ansc] 08/7/2019 09:21

Small but nevertheless tasty, from little acorns . . . . .

[nick100] 08/7/2019 07:29

Hardide (AIM: HDD), the developer and provider of advanced surface coating technology, is pleased to announce that it has recently received major orders to coat components for a relatively new American multinational oil and gas customer. The orders are worth US$850k (approximately GBP670k) and are part of the supply agreement previously announced.

Due to the expected timing of the components being received by the Company, not all of this order value is expected to be recognised in the current financial year. However, these orders support the Directors' confidence that expectations will be met for the current financial year to 30 September 2019 and they provide a solid foundation for the following financial year.

The orders will be fulfilled from the Company's coating facility in Martinsville, USA, and follows the decision by the Board last year to invest in increased coating capacity and a larger pre-treatment line at the Martinsville site.

Philip Kirkham, CEO of Hardide plc, commented: "We are very pleased to receive these further orders of significant value from this relatively new customer. Our recent investment in capacity at our Martinsville site means that we are able to produce the orders in the US for this US customer.

"This application of the Hardide coating improves the performance of a critical component downhole, enabling the customer to produce hydrocarbons for longer periods of time. Considerable technical challenges were overcome in order to coat this complex part and this has created a new capability for the Hardide coating and is expected to lead to new applications in the oil and gas and other industries."

[nick100] 08/7/2019 07:29

Hardide (AIM: HDD), the developer and provider of advanced surface coating technology, is pleased to announce that it has recently received major orders to coat components for a relatively new American multinational oil and gas customer. The orders are worth US$850k (approximately GBP670k) and are part of the supply agreement previously announced.

Due to the expected timing of the components being received by the Company, not all of this order value is expected to be recognised in the current financial year. However, these orders support the Directors' confidence that expectations will be met for the current financial year to 30 September 2019 and they provide a solid foundation for the following financial year.

The orders will be fulfilled from the Company's coating facility in Martinsville, USA, and follows the decision by the Board last year to invest in increased coating capacity and a larger pre-treatment line at the Martinsville site.

Philip Kirkham, CEO of Hardide plc, commented: "We are very pleased to receive these further orders of significant value from this relatively new customer. Our recent investment in capacity at our Martinsville site means that we are able to produce the orders in the US for this US customer.

"This application of the Hardide coating improves the performance of a critical component downhole, enabling the customer to produce hydrocarbons for longer periods of time. Considerable technical challenges were overcome in order to coat this complex part and this has created a new capability for the Hardide coating and is expected to lead to new applications in the oil and gas and other industries."

[johnwise] 05/7/2019 07:32

Nick, thank you for the link.. Prospects looking good ..new business with EDF Energy "Hundreds of blades in a turbine"

[nick100] 12/6/2019 23:17

News
Press release: Hardide Coatings receives Nadcap Merit status
Nadcap recognises Hardide Coatings for its superior performance and commitment to continual improvement in aerospace quality

Hardide Coatings announces that it has been awarded Nadcap Merit status for Coatings.

Philip Kirkham, CEO of Hardide Coatings, which develops, manufactures and applies advanced technology tungsten/tungsten carbide metal matrix coatings to engineering components across a range of industries including aerospace, commented: “We are extremely pleased to have been awarded Nadcap Merit Status within two years of being Nadcap accredited. This is testament to the skill and dedication of our staff to delivering a top quality product and service.”

Hardide Coatings has held Nadcap accreditation since 2017. Having demonstrated their ongoing commitment to quality by satisfying customer requirements and industry specifications, the Nadcap Task Group has determined that Hardide Coatings has earned special recognition. This means that, instead of having their next Nadcap audit in twelve months, Hardide Coatings has been granted an accreditation that lasts until 31 January 2021.

“Nadcap accreditation is universally acknowledged as a significant undertaking. Validating compliance to industry standards, best practices and customer requirements, Nadcap has long been incorporated by the aerospace industry into their risk mitigation activity. Some companies, such as Hardide Coatings, go even further when achieving Nadcap accreditation to obtain Merit status and they should be proud of it,” commented Michael J. Hayward, Executive Vice President and Chief Operating Officer at the Performance Review Institute. “A less frequent audit schedule means a reduction in audit costs and associated pressures. It also demonstrates the trust that the aerospace industry has in Hardide Coatings, based on their past performance in Nadcap audits. It is with great pride that PRI supports continual improvement in the aerospace industry by helping companies such as Hardide Coatings be successful and we look forward to continuing to assist the industry moving forward.”

[nick100] 12/6/2019 23:17

News
Press release: Hardide Coatings receives Nadcap Merit status
Nadcap recognises Hardide Coatings for its superior performance and commitment to continual improvement in aerospace quality

Hardide Coatings announces that it has been awarded Nadcap Merit status for Coatings.

Philip Kirkham, CEO of Hardide Coatings, which develops, manufactures and applies advanced technology tungsten/tungsten carbide metal matrix coatings to engineering components across a range of industries including aerospace, commented: “We are extremely pleased to have been awarded Nadcap Merit Status within two years of being Nadcap accredited. This is testament to the skill and dedication of our staff to delivering a top quality product and service.”

Hardide Coatings has held Nadcap accreditation since 2017. Having demonstrated their ongoing commitment to quality by satisfying customer requirements and industry specifications, the Nadcap Task Group has determined that Hardide Coatings has earned special recognition. This means that, instead of having their next Nadcap audit in twelve months, Hardide Coatings has been granted an accreditation that lasts until 31 January 2021.

“Nadcap accreditation is universally acknowledged as a significant undertaking. Validating compliance to industry standards, best practices and customer requirements, Nadcap has long been incorporated by the aerospace industry into their risk mitigation activity. Some companies, such as Hardide Coatings, go even further when achieving Nadcap accreditation to obtain Merit status and they should be proud of it,” commented Michael J. Hayward, Executive Vice President and Chief Operating Officer at the Performance Review Institute. “A less frequent audit schedule means a reduction in audit costs and associated pressures. It also demonstrates the trust that the aerospace industry has in Hardide Coatings, based on their past performance in Nadcap audits. It is with great pride that PRI supports continual improvement in the aerospace industry by helping companies such as Hardide Coatings be successful and we look forward to continuing to assist the industry moving forward.”

[ansc] 23/5/2019 18:46

11,250 shares bought today, 3,596 shares sold and the price drops ..... ridiculous.

[dozey3] 20/5/2019 07:15

We live in hope that as more reactors are installed, as hard chrome is phased out, as more industries approve its use and come to appreciate the economics of Hardide, then growth rates will increase exponentially and it will take over the world, making us all very rich. Could be wrong of course.