Hydro Intl Share Discussion Threads

[rivaldo] 06/4/2008 10:18

FYI here's the summary recommendation from City Confidential - if anyone wants a copy please leave your e-mail address up:

"Recommendation - Buy

Hydro International is essentially a highly specialised engineering
group supplying innovative products for the cost effective control and
treatment of water and sewage. Given the demand for its products and
the increasing amount of legislation concerning the treatment of waste
water and sewage, the company is not therefore neccessarily subject to
the vagaries of the economy. However, despite reporting excellent
results for 2007, which saw useful increases in revenue, pre-tax profits
and earnings per share, the company's share price has fallen back,
recently hitting its lowest level since the autumn of 2006. Given the
excellent prospects for the group, we think that this has created an
excellent buying opportunity, especially as the company has significant
net cash balances."

[rivaldo] 04/4/2008 14:39

Many thx capa, much appreciated!

I'll read over the weekend, but the standout bit is that they go for 13.8p EPS this year. With £5m cash too, against the £22m m/cap, HYD is just far too cheap imo.

I assume Peel Hunt will go for around the same since it represents a nice cautious uplift from the previous 12.9p EPS.

[capa] 04/4/2008 12:59

Perhaps easier to send to you Rivaldo

Check your e.mail

all the best

capa

[rivaldo] 04/4/2008 12:47

Many thx capa. Do you have any details - perhaps the conclusion? Target prices, EPS forecasts etc are always interesting.

[capa] 04/4/2008 11:15

Features in April issue of tipsheet City Confidential with a buy recommendation.

capa

[gac100] 03/4/2008 15:02

Cut my losses on a couple of others this week to add to HYD, ahead of the new PH note.

[rivaldo] 03/4/2008 10:52

:o)) Looks like it's working too...

Perhaps it's Peel Hunt getting their clients in before the new broker note appears. It wouldn't surprise me.

[sg31] 02/4/2008 20:23

Riv & NHB,Don't stop now keep up the good work,A nice bit of ramping never did anyone any harm.

[nhb] 02/4/2008 10:57

Also.....this stock is still on a price to sales (PSR) ratio of less than 1 which is cheap cheap for a growth stock....

Ramp over.

[rivaldo] 01/4/2008 22:12

:o)) I tell it as I see it, and I'm a born optimist! Besides, this is almost a one-bagger for me so I'm entitled to be cheerful - and I expect another doubling from here eventually.

[sg31] 01/4/2008 22:08

Rivaldo,no need for ramping then,:-)

[rivaldo] 01/4/2008 21:48

Heading in the right direction again - I wonder when Peel Hunt will release those forecasts...they'll have to increase the current year forecast from the old 12.9p EPS.

FYI there was an "Innovation in Plastics" supplement with the Times today - a riveting read - and in it was a long article about innovations in the construction industry, including many showcased at Nottingham's six "homes of the future" run in colaboration with industry members. These showcased:

- rainwater harvesting : HYD's StormBank system is a market leader of course. And:
- cutting edge drainage systems called SUDS (sustainable urban drainage). HYD followers will need no introduction about this :o))

Which is why I love being invested in HYD:

- cheap fundamentals
- global blue sky potential in for free
- great Balance Sheet with a large cash pile and hidden property assets
- rapidly increasing global need for HYD's products

Enough said.

[masurenguy] 01/4/2008 15:31

Another small tick up today on a mininscule trading volume.

[rivaldo] 28/3/2008 09:35

Looking better now. Still a looooong way to go though imo.

[rivaldo] 27/3/2008 12:41

Yet more US expansion....

Traderabc, charting is imo irrelevant for HYD because of volatility and illiquidity. The Peel Hunt note should be out soon and may give HYD a lift too. Otherwise, the fundamentals are too good to be ignored at this price imho:



"Hydro International Adds New Sales Representative in Louisiana, Mississippi
26-Mar-2008

Coastal Process LLC Will Market Hydro's
Wastewater and Wet Weather Management Product Portfolios

PORTLAND, Maine – March 26, 2008 - Hydro International today announced an agreement with Coastal Process LLC of Denham Springs, La., to serve as Hydro's exclusive wastewater sales representative in Louisiana and Mississippi.

Coastal Process, an industrial distributor and manufacturers' representative, will market Hydro's full line of grit removal and wet weather management products.

"Louisiana and Mississippi present unique opportunities for growth in the wastewater sector," said Neil Raymond, General Manager of Hydro's U.S. Wastewater Division. "Each state has a large number of wastewater treatment plants that are not equipped with state-of-the-art grit removal equipment, and the region's extreme weather patterns create a significant need for flow-equalization schemes. We're looking forward to working with Coastal Process to serve Gulf Coast communities' needs."

Prominent products in Hydro's wastewater and wet weather management portfolio include the Grit King® , an advanced hydrodynamic vortex separator for the removal of grit and sand from wastewater, potable water and industrial effluents; the Storm King®, an advanced vortex separator with a self-cleansing, non-powered screen designed to effectively capture a wide range of sewer solids; the Reg-U-Flo® Vortex Valve, a self-activating vortex flow control device that provides superior hydraulic performance over conventional flow regulators; and the company's range of combined sewer overflow (CSO) screens (the Hydro-Static® Screen, Hydro-Jet® Screen and Heliscreen®, which utilize advanced technologies to screen out floatable sewer debris.

"Hydro International is well known in wastewater circles for providing high-quality, low-cost solutions that do the job in an extremely reliable manner," said Todd Burnett, sales engineer for Coastal Process. "Pairing our experience and knowledge of our local market with Hydro's superior product set provides our customers with an unbeatable combination.""

[traderabc] 25/3/2008 13:38

Long term support comes in around about 130,thinking of buying some (more) but I'm too nervous atm in this market

[rivaldo] 23/3/2008 20:36

More expansion in the USA:



"Hydro International Expands Stormwater Sales Coverage in Southeast and Midwest
12-Mar-2008

PORTLAND, Maine – March 12, 2008 - Hydro International today announced the hiring of new Regional Sales Managers who will market Hydro's stormwater product portfolios in the Southeast and the Midwest.

Jim Keane, based in Chattanooga, Tenn., will cover the Southeastern states of Tennessee, Georgia, Alabama and Florida. Rob Howard, based in Kansas City, Mo., will represent Hydro in the Midwestern states of Missouri, Kansas, Iowa and Nebraska.

"We are pleased to be bringing Jim and Rob aboard to spearhead our sales efforts in these key stormwater markets," said David Mongeau, General Manager of Hydro's Stormwater Division. "They have the sales experience and the drive to help Hydro add new customers and increase market share in the Southeast and Midwest."

Keane has worked many years in the stormwater industry, selling in New England for Infiltrator Systems and Advanced Drainage Systems. He also has experience in the on-site septic and plumbing sector, working as a general manager and sales manager for firms in Tennessee, California and Massachusetts.

Rob has been involved with all phases of company development within the construction industry. Most recently he was a Construction Manager for Wal-Mart, overseeing store construction in the New England states, where compliance with stormwater permit requirements was a primary part of his responsibilities. He also has managed individual developments and construction operations for firms in Colorado and Kansas."

[rivaldo] 19/3/2008 21:58

Crikey, I missed that last blip! Just 5.5k shares traded and down 8p - crazy.

I have been advised by HYD that a new note from Peel Hunt should be forthcoming over the next month or so.

I just hope that the new forecasts are realistic and not mind-numbingly cautious as usual. There will have to be upgrades, that's for sure. With 14p EPS this year HYD would now be on a current year P/E of 10 - which probably reduces to around 8 after stripping out the cash pile.

There are some ridiculous valuations around at present. This is one of course, but if anyone is unaware of GNG it's worth a look imo. Yes it's Chinese, but I've met the management and they're top notch. On a 2008/9 P/E of 7, lots of asset backing, an unbelievable client list etc etc - read the thread header post.

[rivaldo] 18/3/2008 19:40

I gather HYD were due to meet Peel Hunt today to discuss a new broker note. Why on earth PH weren't ready with new forecasts immediately the results were released, as most brokers are with all their clients, is beyond me.

Incidentally, I mentioned CDE and was told that (as I suspected) they only compete with HYD in a small way, and they don't work on the large wastewater projects for the water companies on which HYD work. At the rate CDE are going they may be a takeover target for HYD at some nominal price fairly soon!

[masurenguy] 16/3/2008 09:38

Cheers Riv - this was on my watchlist a year ago and I thought that I had missed the boat when it shot up from around 150p to 240p in just 3 or 4 months (I was waiting for the pullback, which never materialized, to buy in).

Looks like a possible second opportunity could be emerging but I first wanted to update myself on the current metrics !

[masurenguy] 15/3/2008 18:12

Great set of results for 2007 and a solid balance sheet. Historic PE of 13 might be considered a bit toppy in the current climate. Has anyone seen any company or broker forecasts for 2008.