Hardide Share Discussion Threads

[spike_1] 18/2/2016 09:38

Re:They really need to be hitting the airmiles now and building on the US growth story

Yes they are slow at getting their product known - however, they are just in the process of getting their new plant in the US up to commercial speed. They would not have built it without demand: 'We have installed two large capacity chemical vapour deposition (CVD) coating reactors and work is already progressing well on some very exciting customer trials'.

Best wishes - Mike

[lateralam] 17/2/2016 19:01

All good points and I agree. As I said though I'm just waiting for Boeing or someone to buy them out. The technology is good but then sometimes that's just not enough when there are so many regulatory hoops to jump through all the time. Holding.

[meijiman] 11/2/2016 09:15

you are finally waking up to the fact they have no idea
at all about how to be a commercial company. Still its early days -think its only been ten years of fund raisings -probably time for another. Get the broker to spiv up the share price on some spurious potential 'good news' and away you go. Rinse and repeat.How many shares in issue now -is it over a billion. Lost count a few years ago..........

[lateralam] 10/2/2016 23:05

I've said it before but small engineering firms make terrible salespeople. They really need to be hitting the airmiles now and building on the US growth story and doing some lateral thinking with regard to other worldwide uses for the product.

[pgs2] 29/1/2016 14:40

Need to see more customer conversions. With a team of 4 on business development, 5 furnaces in operation there are no physical bottlenecks to growth. The market for coating in the US is much larger than the Uk. Return on investment from more business development people in the US is a no brainer. Come on Hardide get some more customer conversions and grow revenue. With close to £20m of product sold, running out of excuses and need to see some more progress on growth and diversification.

[nick100] 27/1/2016 11:47

Yes you are right it

The AGM is being held at the office of finnCap, 60 New Broad Street, London.

[nick100] 27/1/2016 11:30

I think it is being held in Bichester

[ansc] 27/1/2016 09:46

With the AGMs now appearing to be held in London and not Bicester, the attraction of being able to go round the factory no longer exists so I won't be going .... I could easily get to Bicester by car but for London the expensive 'train has to take the strain'.

[nick100] 26/1/2016 09:16

Anyone going to AGM ?

[meijiman] 07/1/2016 18:26

Great news. My target price is now 1.6p for 2020. Things are sure looking up here.

[ansc] 07/1/2016 15:02

HDD's indicative quotes [1.30/1.45p] are meaningless; real-time prices are in fact 1.355/1.3585p. Good to see that no-one got sucked in @ 1.40p opening price following the RNS release this morning.

[dozey3] 07/1/2016 09:38

US facility in Virginia seems to be on track,
Price has ticked up a smidgeon though spread is of course still ridiculous which puts me off adding to my modest pile. Nevertheless, as blue-sky companies go, this seems to have increasing promise. Even in the battered O&G sector parts are still going to wear out, and the economics of the HDD will remain compelling; the Aerospace sector is ripe for exploitation with recent Airbus certification; and the banning of polluting chrome comes ever nearer. The next six months will be very interesting.

[spike_1] 18/12/2015 09:37

I checked them out a few days ago, they are a big company (privately owned unfortunately - I wanted to buy into them).

Best wishes - Mike

[nick100] 18/12/2015 09:09

Whoever this customer is Hardide will have made sure that they can pay their bills.
Most of Hardide customers are bluechip companies,and not some small company.

[pugugly] 18/12/2015 09:02

Anyone any idea who is the customer and whether they can pay their bills ?

[spike_1] 18/12/2015 07:28

For orders between Feb & Sept 16. Very reasonable to assume there will be other subsequent orders on a regular basis, and if machine sales expand globally, then so will the orders for at least a year or three. ;0)

Taken forever - but HDD finally getting traction, with aerospace still to come in 2016 or 17.

Best wishes - Mike

[nick100] 18/12/2015 07:03

Major order and diversification success

Hardide plc (AIM: HDD), the provider of surface coating technology, is pleased to announce a major order worth more than GBP300,000 to supply crucial coated components for a new type of airport high-speed X-ray baggage screening machine.

The order, to supply the customer's requirements between February and September 2016, represents further notable progress in the Company's diversification of its customer base, both by client and by sector, and a reduction in dependency on the oil & gas market.

Volume production of the three-dimensional X-ray baggage screening machine began earlier this year and Hardide expects demand to increase further as the new machine is rolled out globally. This new business supports the Company's forecasts and its turnover projection remains unchanged for the year to 30 September 2016.

Philip Kirkham, CEO of Hardide plc said: "Our success in securing this order is a major advance in our strategy of diversifying the customer base into new sectors and reduces our dependency on the oil & gas market. We are coating a crucial component in a revolutionary new type of three-dimensional, high speed airport baggage screening machine. This order is both a technical and commercial success for Hardide and illustrates the opportunities that we believe exist for its coating technology in many advanced engineering sectors beyond oil and gas."

[dozey3] 17/12/2015 08:11

This must take HDD into the mainstream of engineering design for applications in the most taxing environments. However benefits to the likes of us come from production, and my suspicion is that that is still 2 years down the line in game changing amounts. Nevertheless excellent news, and I shall be hanging on in there.

[spike_1] 17/12/2015 08:05

Game changing - depends on how much competition there is - which given the lengthy accreditation process may be limited or even zero?
HDD is / has doubled their capacity recently so in principle it's looking good - at long last !

Best wishes - Mike

[rogerramjet] 17/12/2015 07:35

I hope this Airbus news is game changing.

[nick100] 17/12/2015 07:04

Hardide plc (AIM: HDD), the provider of surface coating technology, is pleased to announce that its Hardide-A coating has met Airbus technical performance requirements as a potential alternative to hard chrome plating and is now available for consideration by design engineers and sub-contractors on some specific Airbus aircraft components.

Meeting this technical performance level comes after eight years of Hardide's development and testing of the coating as a potential alternative to hard chrome plating, which is used extensively on airframe and landing gear components. Hardide-A, a variant of the Company's tungsten/tungsten carbide coating range, has successfully passed necessary tests and met technical performance requirements defined in the Airbus Process Specification for thick CVD (Chemical Vapour Deposition) Tungsten Carbide coatings.

Commenting on the announcement, Philip Kirkham, CEO of Hardide plc said: "After many years of hard work, it is a huge step forward for Hardide-A to have achieved the Airbus technical performance requirements necessary for it to be considered by designers for use on selected component parts for Airbus aircraft. This is a significant achievement and we are absolutely delighted that the coating is now available to the designers for their consideration as a potential alternative to hard chrome within some specific aircraft applications. Selection of the coating by the designers will be based on further technical and commercial considerations as well as part-specific testing.

"This success is a key enabler for the Company's further growth in the European, North American and wider aerospace markets which have enormous potential for the Hardide coating technology."

Hard chrome plating has been used in the aerospace industry for many years. The EU REACH regulation will ban its use by 2017 unless otherwise authorised by the EU Commission.

[moloko666] 10/12/2015 12:49

These guys look interesting...http://www.modumetal.com