Hardide Share Discussion Threads

[rogerramjet] 12/5/2015 15:47

Glad you said 'just about'. You had me worried for a moment.

[rogerramjet] 12/5/2015 15:34

Runners and riders
hxxp://www.hardide.com/investor-relations/share-price/


Was = As of 29th August 2014
Now = As of 28th Feb 2015

Shares in issue Was 1,334,626,304 Now 1,334,626,304 UNCHANGED
Shares not in public hands was 39.3% Now 38.8%

Amati Was 6.9% Now 6.2% Getting rid
Hargreave Hale Nominees Was 4.8% Now 6.6% Accumulating
Unicorn 4.7% unchanged
JM Finn Was 3.8% Now NOT ON THE LIST Getting/Got rid
Petre Lobbenberg esq. Was 3.6% Now 3.6% Unchanged
Helium Rising Stars Fund 3.5 % unchanged
WSC Richards OBE 3.3% unchanged


And I thought after 1% change it had to be made known. I may be wrong.

dyor

regards

RRJ

[rogerramjet] 12/5/2015 11:04

Ansc - on the 22nd July 2014 they announced the completion of the first stage of testing. Airbus were encouraged enough by laboratory tests to investigate further. Hardide said there was a next stage in the process. Now they say they are in the final stage.There is still the Nadcap accreditation, they have a business development manager and I believe they will have to have the American side up and running to provide security of supply. That's imo of course. The building blocks are stacking up. Hppe the foundations are secure. RegardsRRJ

[apad] 12/5/2015 10:00

As an engineer I am not in the least surprised at the length of time acceptance takes.
As a passenger, I'm right glad of it.
The fact that it has been in progress so long is a good sign - in my view it means that it is much more likely to succeed.
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

[nick100] 12/5/2015 09:18

i think it is now in the final stages,this company has been gearing up with nedcap certification to consider with the orders from aerospace industry.

We just need the final confirmation,been a long wait.

[ansc] 12/5/2015 09:14

We've had statements like that for the past two/three years!

[apad] 12/5/2015 08:29

It's mentioned in the statement.
apad

[ansc] 12/5/2015 08:14

Does this appointment indicate that the PROTRACTED Airbus trials work is finally nearing a conclusion?

[lateralam] 12/5/2015 07:09

Blimey, maybe they listened to us! New post of business development manager and a good strong track record by the sound of it. Nice.

[pgs2] 01/5/2015 20:28

All good comments. Onwards and upwards.

[meijiman] 01/5/2015 16:23

No, but agree with you. In many respects accessing the market and gaining sales traction is as hard or harder than coming up with the new technology. My view is increasingly that these small companies are incapable of commercialising a new technology on a standalone basis. Need partners.The specific issue for Hardide might relate to where the coating technology is applied.

[lateralam] 01/5/2015 15:37

All good comments and I concur with the general tone. I've been invested here since 2009 at .5 so whilst it's more than doubled and obviously been slightly more over the time, I've had other investments with far better returns over the same time. However, I'm still here because I believe in the product and I honestly thought the world would have caught up, so to speak, by now. My concern is that whilst small engineering firms are pretty good at product development they are not necessarily good at business development. I think they need some sort of reasonably high profile brand ambassador to be talking them up or a more "aggressive" marketing campaign. Anyone out there with relevant suggestions?

[pgs2] 01/5/2015 15:36

Risk versus return trade off changes with time.

[rogerramjet] 01/5/2015 15:26

For me at the end of the day, Hardide gets Airbus approval I get my money back and hopefully a bit more. If they don't, I don't see me getting my money back unless they are still going after quite a few years.

[meijiman] 01/5/2015 15:16

All very interesting. I bt into a few of these about 10 yrs ago. Hardide and Corac spring to mind. You hope it might do what it says on the tin. Lack of cash flow means endless fund raising every couple of years.
So you either sell or keep. In my case I kept but waning interest -put in drawer and forget.My level of detailed knowledge has also declined.
Just the vague hope there might one day be something there. The real killer though is that this is providing a few people with a living -maybe that's all its there for-hope not.Certainly shareholder returns are not much of a priority.

[pgs2] 01/5/2015 14:53

Completely agree. There are plenty of good ideas/technologies/assets that fail because of poor management. A combination of technology and management are important and feel the current board and team are a vast improvement from the hype, speculation and incompetence of Jim Murray Smith in the early years. Policy of investing in business development and customer diversification will remove the reliance on a few customers and the periodic disappointment this brings. I have faith and conviction and invest accordingly.

[rogerramjet] 01/5/2015 13:09

50% increase in capacity says they are diversifying their customer base and people are buying it. Perhaps just at the pace you or I would like.Yes it is niche so they perhaps don't get run of the mill work/volumes but what they do get they charge more for. They are slowly, by increased marketing, spreading there wings to Germany and Italy. Hopefully that will prove fruitful. It's just taking a very long time.Regards RRJ

[chrisgail] 01/5/2015 12:41

Recent trading, prospects and forward looking, increase costs, US factory, just as sales slump, work on how to ask shareholders for more cash............. If this costing real gave the 'order of magnitude' improvement in performance that they say it does, people would be buying it. They are not.

[meijiman] 01/5/2015 09:20

Good post-thanks. Agree that operational gearing should be a major gainer for the co. Once overheads are covered any incremental sales growth falls through to the bottom line.
Was suggesting to my work colleagues that things might be just turning a bit for the Cons. But no point in introducing politics to the BB!

[meijiman] 30/4/2015 20:43

Would have to agree with most of that. Met JMS at the company and he was full of bluster and misplaced optimism about the prospects-and that must have been nearly ten years ago. I think what grates are
1. They've been at it a long time and returns to shareholders are dismal.
2.They seem adept at puffing the story very nicely to get the share price up and then bang a placing.All the natural buyers are sated, and the shares drift south again. Then repeat the process in two years time.
There are a vast number of shares in issue here -its going to be a long haul to get the share price into double figures.
The technology seems to work so hopefully there will be a decent company at the end!

[bobdouthwaite] 30/4/2015 17:46

I wouldn't blame the management for the failure of the Houston venture. They couldn't have predicted the global financial crisis and associated collapse in orders. I was impressed how quickly they responded and mothballed the facility...and the company survived.

[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!