Hydro Intl Share Discussion Threads

[charlie] 23/11/2009 20:50

As Sewers Fill, Waste Poisons Waterways

New York Times November 22, 2009

[stegrego] 11/11/2009 22:40

100 page sector report from the LSEs new PSQ Analytics

Show CPSP but is a combined report for about 20 companies and HYD is one of them.

Free to register

[rivaldo] 27/10/2009 21:17

Many thx for all the comments chaps, much appreciated.

I fully expect to be back in HYD at some point, but it may not be for some time. In the meantime I've topped up on some of my faves like AEX, CHNS, GNG and VLE.

[whonosewhy] 26/10/2009 16:59

How odd that rivaldo has reached that decision and I had not noticed the post but I have sold everything today and I mean everything - I've decided to pay off some debt and think this rally has run out of gas!

It completely breaks my whole strategy which I may now re-think and re-start again in the future - but for now getting rid of debt seems the right thing to do.

Typical that I've done it on a gut feeling but rivaldo has done so on typically careful analysis.

cheers rivaldo

[luminoso] 26/10/2009 14:11

Certainly will miss your contributions on here, Rivaldo.
Echo last poster's sentiments.
HYD money gone into AST instead, by any chance ...... ?
More likely for short term gain there but as I am new to HYD, I am happy to hold here for long term, especially as I have plenty of AST already.

[what is a login ?] 20/10/2009 19:42

I very much appreciate the integrity and transparency of your post, Rivaldo.
I hope you spend the proceeds of your sale on having a good time or else you find something to invest in that bears fruit. For the record, I sold half my HYD on the way down at a small loss, and I'll hug what I have left for the same reason I invested in the first place.

[rivaldo] 20/10/2009 18:51

I'm afraid I've sold out over the last few weeks (final tranche today).

There's a new Peel Hunt note out with heavily downgraded estimates of 8.1p EPS this year and 9.3p EPS next year.

It's possible HYD might beat those estimates, but even so, a P/E of 11 is top-heavy in the current market. Unless something dramatic happens I can see the share price drifting downwards for a while now and not really going anywhere for a year or so.

Which is a shame, as this is a high quality company with big possibilities in say two or three years' time.

I think there'll be plenty of opportunities to get back in. In the meantime I'm at least out with a small capital profit plus quite a few dividends. Good luck all.

[johnalbertthomas] 20/10/2009 12:30

Anybody know what is happening here?

[johnalbertthomas] 07/10/2009 17:31

what are the prospects here -- and time scale? Can we expect Per of 12 over next six months. If so,based on recovery of undervalued share or new growth? Target price?

Anybody know anything about MWG who seem to parallel HYD in price performance,but focus on water desalination technology?

[charlie] 07/10/2009 16:56

EU planning legal action over UK sewers

[luminoso] 06/10/2009 18:35

Nice penny a day rise at the moment. I could suffer that for the next year or so !

[rivaldo] 06/10/2009 16:01

Looks like good news - dated yesterday:



"Lower Carbon Footprint With New Hydro Hiox High Performance Aeration System
News Release

THE HiOx Activated Sludge Aeration System, launched in the UK by Hydro International's Wastewater Division, achieves 20% improvement in sludge aeration performance, increasing treatment capacity and significantly reducing energy demands.

Hydro International has signed an exclusive licensing agreement with the US wastewater market leader Parkson to make the high efficiency HiOx system available for the first time in the UK and Ireland.

Suitable both for retrofitting and new installations, the HiOx has been developed to achieve much smaller bubble production and high floor area coverage, increasing transfer efficiency by 20% with a low oxygen flux rate, leading to reduced power demand.

"The most energy intensive operation in any activated sludge plant is associated with the requirements for mixing and aeration," says Chris Day, General Manager of Hydro's Wastewater Division. "HiOx cuts plant energy requirements dramatically and at the same time offers significantly increased capacity at a low installation cost."

HiOx's 1 mm diameter ultra-fine bubble production and high floor area coverage result in 20% or greater Standard Oxygen Transfer Efficiency (SOTE). It delivers aeration efficiency and flexibility in both high rate and conventional nitrifying activated sludge processes, and ensures Membrane Bio Reactor systems operate at optimum rates.

Lower installation costs are achieved because each HiOx diffuser covers a large area, equivalent to 100 conventional 22 cm disc diffusers. The specially-developed lightweight panels clad in high-strength perforated polyurethane (patent pending) enable a high floor area which reduces the need for associated pipework and ensures lower installation costs.

Maintenance requirements are reduced because the polyurethane membranes are self-cleansing, thanks to the slick membrane surface and the inherent flexing provided by the air flow. Isolation valves enable the user to fine tune each panel depending on demand and plant needs. The polyurethane membrane has a life of up to 12 years, and can be replaced easily.

The performance and durability of Hydro HiOx panels has been proven in use since the 1990s and has been tested and approved by the American Society of Civil Engineers."

[rivaldo] 05/10/2009 18:50

Nice article (per the now departed CW):



"Water/WastewaterMonday 5 October 2009
Removing pollutants early 'could benefit water quality'

Removing pollutants at the earliest possible stage in the treatment process is advantageous for water quality.

This is according to Chris Williams, managing director in Europe for Hydro International, a specialist engineering group that develops, designs and implements solutions for the control and treatment of storm water and wastewater.

Mr Williams wrote on WaterWorld that new technology which implements smaller local filtration control could also provide substantial capital gains and help resolve the challenges of controlling contamination caused by storm water runoff.

His comments follow the European Parliament and Council of Ministers' adoption of the Water Framework Directive (WFD), which signals that an integrated approach to catchment management will be adopted across Europe.

"The new technology could offer an important solution to meeting WFD requirements for controlling pollution as close as possible to its point of entry into the drainage system," he stated.

Mr Williams added that researchers in the US have recently developed a small footprint, low-maintenance filtration solution that can be targeted at specific sources of pollution."

[rivaldo] 05/10/2009 13:39

Good spot Mas. Two thoughts:

- I wonder if HYD looked at buying Basin Water?
- I wonder if Amplio might be a potential buyer for HYD? They say on their web site that their normal transaction size is 15m-20m euros. I expect a £25m-£30m knock-out bid would do the trick here.

[masurenguy] 05/10/2009 12:44

Bit of M & A in the sector. Indicative of how resilient the sector is and highlights the potential for further consolidation !

Amplio snaps up bankrupt US water business
Article Date: Oct 01 2009

London private equity group Amplio has acquired almost all the assets of NASDAQ-quoted water treatment company Basin Water for $2m (£1.25m). The sale to Amplio subsidiaries Amplio Filtration Holdings and Envirogen Technologies follows Basin Water filing for bankruptcy in July and was completed under Chapter 11 of the US bankruptcy code.

Texas-headquartered Envirogen Technologies is a new company formed from the assets of Basin Water. It focuses on producing drinking water from groundwater, treating waste water, nutrient removal and odour control. Andrew Davi, a partner at Amplio, says he expects the business to generate sales of $25m and pre-tax profits of $2m for the 2010 financial year, adding that potential acquisitions are being targeted.

Riccardo Segat, CEO and founder of Amplio, comments, 'Amplio is committed to developing our water and solar businesses where we are looking to build significant platforms that will require additional capital during 2010. 'Despite the current economic turmoil, these sectors are more resilient and the possibility for consolidation is very attractive.'

[masurenguy] 02/10/2009 18:14

At what price did you buy them ?

[nhb] 02/10/2009 17:10

I have held this stock for 9 years so I would count myself as a long term holder. Foolishly long term some would say.

[rivaldo] 02/10/2009 15:36

Yep, good news that she can so easily find buyers for large chunks of her holding.

Good to see you back garth!

Spangler, I agree it's a little odd. Perhaps it's a question of some sort of differentiation between reported figures and the "normalised" PBT/EPS used by Peel Hunt before amortisation, exchange differences etc. I might call the company to check if no-one else does.

For myself I'm here for the long-term opportunity, so whether HYD achieve 10p EPS this year or the forecast 13.97p EPS I can still see the long-term upside (or short-term upside if they're acquired).

[picnic] 02/10/2009 15:22

Mrs Lamb selling again according to the latest RNS.

[garth] 02/10/2009 15:01

As of a couple of weeks ago - I'm here too. Taken first chunk since being a forced seller from my ISA. Thank you for all the work here Rivaldo - I have been a quiet reader over the intervening couple of years....

[spangler1979] 02/10/2009 14:59

Just starting to research this share, looks promising so far.

Puzzled by the broker forecasts v management outlook though. What am I missing?

OUTLOOK:
"The Group now expects to deliver sales revenues broadly in line with 2008 levels. In line with our normal trend we expect profitability to improve in the second half of the year, however, the impact of adverse foreign exchange movements on the translation of US dollar denominated amounts in the balance sheet in the first half year, as opposed to gains seen in the second half of last year, is expected to pull profitability for the full year below that reported in 2008."

profit before tax for 2008 = £2.66m

Forecast:
profit before tax for 2009 forecasts - Peel Hunt = £2.9m, Fairfax = £3.0m
Figures taken from Sharescope.

Why are brokers forecasting an increase when management are saying PBT will be lower this year?

[barbudo viejo] 02/10/2009 14:57

Nor me - I prefer round numbers.

[rivaldo] 02/10/2009 14:29

Nope - surprisingly, it wasn't me that bought the 290,000 shares yesterday :o))

[asparks] 02/10/2009 14:00

looks like rivaldo's still just about the only investor here

[rivaldo] 02/10/2009 13:57

Crikey, we've cracked 100p - this is quite exciting!