Hardide Share Discussion Threads

[pgs2] 30/4/2015 16:46

From 2012 to 2014, Hardide's active customers have increased from 23 to 46 and the company has cash on its balance sheet. As RRJ points out, General Electric, Expro, Weatherford, EDF, BAE systems are quality believers. The CEO was responsible for the opening of the Rolls Royce manufacturing facility in West Virginia. This experience will invaluable to avoid the mistakes of the previous abortive attempt in Houston. I am confident the Hardide management team and board have done their homework and the US customers will increase significantly. It is not the money but the time and hassle of shipping parts to the Uk.

The operating margins are very healthy and operating leverage to further revenue is very attractive. Of course we would all like the company to get to take off speed more quickly but I have faith and conviction in Hardide. Lots of important catalysts to look forward to over the next few years.

Like RRJ more large contracts please!

[rogerramjet] 30/4/2015 13:13

Edf don't think they are unpopular. Neither Seatronics or Heap and partners. Just cause there is a downturn in oil doesn't make Hardide unpopular. They are still broadening their customer base. It doesn't read too well with oil and what happens when our major customer(s) ease off but lets wait till end of May before being too rash and doom and gloom.I would have liked to have seen another large contract mentioned by now though.RegardsRRJ

[meijiman] 30/4/2015 12:17

Yes, you could visit the shopping centre as well. Ive never been but it seems very popular -unlike the Hardide Coatings!

[apad] 30/4/2015 11:37

It is easy to underestimate how difficult it is to get a new manufacturing technology accepted and how long it takes.
That HDD has a reasonable chance of surviving the oil pull back before any aerospace acceptance is something of a tribute to the management.
This was never going to be a get rich quick company. I bought some because I liked the process (I'm an engineer, of course:-), but it is still a high risk penny stock to hold for fun.
I pass Bicester sometimes, I must call in.
apad
"There are three ways to ruin yourself -- gambling, women, and
technology. Gambling is the fastest. Women are the most
pleasurable. Technology is the most certain."
Georges Pompidou

[bobdouthwaite] 30/4/2015 09:34

pgs2, well said. We've also invested significantly in expansion at Bicester.

[meijiman] 30/4/2015 09:33

Trouble is you might well be sat here in a year and the share price is 1.2p. I don't think the board of directors has any idea of how to commercialise this product to produce meaningful earnings. They are very good at opportunistic placings -which are necessary as there is no material cash flow.

[mudbath] 30/4/2015 08:58

I have to give it to you pgs2 for being exceedingly patient whilst remaining fully confident over HDD's future potential.I wish you well,for your stance mirrors my own long term involvement with STL.

[pgs2] 29/4/2015 21:01

Historically the impact of Hardide's major oil and gas customer de stocking almost made Hardide insolvent which resulted in significant dilution. Today Hardide have cash and a more diversified customer base. The de stocking is temporary and revenues will grow following the opening of the U.S production facility. No major panic about latest news release and risk was well flagged previously. Hardide has a solid board and management team. Matching long term capital to a long term business with significant barriers to entry is key. Major risk for shareholders is someone tries to buy Hardide and technology for a song. Must not let this happen until significantly more upside is realised. Very few other companies with this potential.

[meijiman] 29/4/2015 20:57

Meanwhile they all get paid for achieving 'er very little indeed, Share price says it all really.

[lateralam] 29/4/2015 19:16

Simply because the technology holds so much promise. In my opinion they should be looking to sell to someone like BAE, Boeing or Senior. At the very least they should be looking to partner with somebody who will be more aggressive in marketing the product.

[mudbath] 29/4/2015 09:21

£15 million market cap !!
How does the share price continue to defy gravity ?

[chrisgail] 29/4/2015 09:18

Another 2 - 3 years without any profit, 0.5p per share on the way.

[meijiman] 29/4/2015 08:34

Pathetic statement -this company company is as far away as ever from achieving serious traction in the market.

[nick100] 23/3/2015 07:30

I belive that Airbus approval is going to be done soon,this company seems to be gearing for the aerospace industry. Nedcap approval should be completed by June July so here is hoping.

[apad] 23/3/2015 07:16

Thanks, nick.
I didn't think there was anything new in the azo article - am I wrong?
I'm also assuming that Airbus approval for the process is critical.
apad

[ansc] 19/2/2015 10:14

A few 'chunky' buys have gone through this morning without disturbing the sp, our seller still lurking in the background?

[nick100] 16/2/2015 18:16

No reports have been on the BB I am on.

If any come out will advise.

[spike_1] 16/2/2015 17:22

Anyone know of any reports back from the AGM on other BB's?

Best wishes - Mike

[nick100] 06/2/2015 17:22

You put your questions to Jacie by e-mailing her,I am sure you will get your answers.

[ansc] 06/2/2015 14:35

I had every intention of going until I learnt that the meeting is going to be held in London. Regrettably, therefore, I've dropped the idea as it would cost me four times as much (and twice the journey time) when compared with going to Bicester. The reason for the change is that much of the Bicester factory is closed off (undergoing changes for the expansion) and considered unsafe for peeps to be wandering around.

I have a couple of questions if anyone is going.

[nick100] 06/2/2015 12:21

Anyone going to the AGM

[ansc] 26/1/2015 17:08

827k shares sold today ..... allegedly! ..... and the share price ticks up. Baffling or what? Even after 45 years of dabbling, I've still no idea how a Mingy Mach's brain works!!