Haydale Graphene Industr... Share Discussion Threads

[sharki9] 10/11/2020 13:55

I think the last raise was unexpected and too quick hence none of the bigger shareholder participated, it takes time to push decisions like that and available funds - that is my opinion :), I remember as I was on holiday that day on the boat and by the time I read the news and collected my thoughts the whole deal was done and dusted ...In terms of the predictions it always reads nice that next year we predict 50% increase and bla bla bla but none of the predictions made by haydale ever happened and there is always disappointment when the results come From my observation this is the first financial results where the price didn't go down by double digit XX% so that alone I take it as a good sign

[lsoc85] 09/11/2020 11:33

Thanks for your analysis, cerrito. With regard to the two customers, £1.1m came from Japan, so my guess would be that the largest customer is based there. With regard to the holdings, they may not have participated but the reduction or levelling off of percentage holdings may be to do with the total shares in issue increasing by c.25-30% in September. Also, a lot may have sold some holdings when the price hit 8-9p so that they're just gambling with profit now (not a bad move!?). The top brass do appear to have tightened the purse strings well, but as you say, will more capex be required to increase revenue significantly? Hopefully not.

[supernumerary] 08/11/2020 18:21

I'd have thought the customers were iCraft: https://haydale.com/news/icraft-order-and-global-exclusivity-contract/ and then either BAC (or their composite supplier), or the anonymous purchaser of ceramic blanks: https://haydale.com/news/haydale-receives-order-for-ceramic-blanks-for-us-cutting-tools-industry/ But it's certainly not very clear.

[cerrito] 08/11/2020 14:33

I have had a delayed run through the figures as well as the just published AR. Like you Lsoc85, I am not sure what to make of them. I have compared the shareholding of the top 4 shareholders as at this September 24th on their website and as a %age the holdings of all 4 of them have reduced since December 2019 (ie after the November 2019 fund raise)which suggests that they did not fully participate in the September fund raise -if at all. Is that how you folk see things.?? I see that no one came into the September 2020 fund raise to an amount to push them over the 3% line. Given their shareholder base and lack of institutional support, I continue to be surprised they did not rope in Primary Bid. The key question for me is how long will the net £2.8m raised in September post expenses last? The good news is that the cash burn of capex and operating cash outflow in the second half year to June 2020 was well down for previous periods at £1m. I note that they are talking about continued capex at Ammanford but apart from the £50k deal, I did not get the impression that anything else was in the immediate pipeline. The comments on page 4 of the AR about entering the wider carbide tooling market suggests expense. I see that all personnel costs reduced from £4.8m the previous year to £3.7m. I also note that once again two customers between them accounted for 50% odd of revenues. Anyone know who they may be?. Interested to read in note 10 that next year they anticipate revenues of Haydale Ceramic Technologies to increase by 45% and 50% the year after that. Note that in the 2019 AR, they said 30% in the year just ended and 30% tis current year. Good that the expensive loan to the Development Bank of Wales has been repaid. That said, I do get the impression that with the existing cash at June 30, the tax recoverable and the fund raise they will not need to do a fundraise for at least a year from now and perhaps longer. Given the unpredictability of the share price over the last months, difficult to see where the price will go. If any of the larger holders lose patience, all bets are off. Is there an industrial company who think that at a marcap of £12m they are a bargain.?Perhaps but I do not see it and if it were to happen, it would have done so by now. For now , I will stay with the small amount I have.

[volsung] 06/11/2020 10:50

Hopefully buy more at 2.1p

[volsung] 06/11/2020 10:48

Bought a few more at 2.89p

[foamish] 03/11/2020 15:05

You'd of thought we'd be aleast floating at 3.5, was expecting a 4p recovery. Time will tell...

[jayminpatel1] 03/11/2020 13:18

Price has never recovered since they stuffed holders with the placing

[sirrux] 29/10/2020 15:24

Maybe they are delaying them until they know what's happening on the deal with IRPC. We know the figures are unlikely to be great, but they'll be largely irrelevant if there's a solid commercial proposition there.

[dennisbergkamp] 29/10/2020 14:39

Think delaying results has resulted in the drop... D

[sirrux] 29/10/2020 14:17

Hello Haydale, anyone home?

[touche] 22/10/2020 08:57

According to sharepad results today but I guess not

[hodhasharon] 16/10/2020 11:34

You read my mind. 6-6.3 is the first target.

[volsung] 15/10/2020 15:15

Looks to be breaking out of its recent range. Might hit 6p

[lsoc85] 15/10/2020 10:35

Yes, so anyway. Does anyone have an opinion on either of the below? https://m.facebook.com/Polimaxx.IRPC/posts/3691422290867781/?_rdr www.cleantech-beyond.com I like the cut of IRPC's jib - they appear to be trying to move away from petroleum towards cleaner energy, environmentally friendly, etc. The production value in their promotional videos is quality. The products relating to RNS of 29 June 2020 actually seem to be the most promising long term.

[maxibrit2] 15/10/2020 08:41

Delightful, thanks for that.