Hydro Intl Share Discussion Threads

[rivaldo] 06/5/2008 14:26

Here's Eutek's web site - no news release section unfortunately:



I do like this - the deal "will make Hydro the world's leading supplier of advanced vortex non-mechanical grit removal devices to the wastewater industry."

[rivaldo] 06/5/2008 10:22

You have to announce as soon as deals are agreed. "Spreading the news around" is against the rules!

An excellent complementary acquisition it seems - and probably highly earnings-enhancing too, given that's it's paid for with $8.5m cash and Eutek should be making $1m profits this year.

I wonder if Peel Hunt have been waiting for this to complete before they issue their new Buy note?

[mrbt] 06/5/2008 09:59

Having a busy day. Wouldn't it be more benificial if possible to spread the announcements.

[gac100] 06/5/2008 09:49

ACQUISITION OF EUTEK SYSTEMS, INC.

Hydro International plc ('Hydro'), the leading supplier of vortex and related
technologies for the control and treatment of stormwater and wastewater, is
pleased to announce the acquisition of Eutek Systems, Inc. ('Eutek'). Following
the acquisition, Eutek will form part of Hydro's US Wastewater business ...

[rivaldo] 06/5/2008 07:35

Excellent indeed - £1.6m is pretty good going for an RNSNON!



"MAJOR NEW ORDER RECEIVED

Hydro international plc, the leader in the provision of innovative water
management technology is pleased to announce the award of a £1.6million contract to supply Hydro-Brake(R) Flow Controls as part of the £50million White Cart Water Flood Prevention Scheme designed to protect 1,750 homes and businesses in Glasgow.

The contract to supply and deliver 5 Hydro-Brake(R) Flow Controls was placed by
Alfred McAlpine Capital Projects who are the main contractors working for
Glasgow City Council on the construction of three flood water storage sites at
Blackhouse, Kirkland Bridge and Kittoch Bridge. These sites will temporarily
store flood flows with nine hectares of permanent wetlands created, together
with approximately eight kilometres of low wall construction along the banks of
the river within the city.

The Hydro-Brake(R) Flow Controls will be used to control the discharge from dams which will be constructed to create the flood water storage areas. Alternatives would have had a much larger storage requirement with more land being submerged upstream of the dams during times of heavy rainfall.

The size of all 5 of these units, which are to be delivered in 2009, will
eclipse Hydro International's previous largest installed Hydro-Brake(R) at
Weedon Dam which has been serving a similar purpose in protecting the village of Weedon Bec in Northamptonshire. The largest of the White Cart units will stand at almost 6 metres tall with a total combined weight of approximately 60 tonnes of stainless steel.

Chief Operating Officer Chris Williams said 'Hydro has been working on this
project for a number of years and we are proud to have been given the
opportunity to contribute to this important scheme for the City of Glasgow'"

[garth] 06/5/2008 07:25

Nice new contract announced this morning.....

[nhb] 01/5/2008 15:25

Interesting comments skirbell - especially the points about MM manipulating the stocks. They would want to determine a level to manipulate it to - why not an historical price chart?

Cheers

[rivaldo] 01/5/2008 14:02

The strategy for a small cap like HYD, if you're buying a decent stake that is, has to be to buy when you think it's cheap. One thing's for sure - you can never buy enough stock exactly when you want to, or when HYD announces good news and everyone's chasing the few shares available.

This month we will have:

- a new broker note from Peel Hunt
- an AGM trading statement

If these are remotely bullish then any demand will push the price up - as the results did recently.

[nhb] 01/5/2008 10:53

Morning skirbell : Do you really think technical charting is relevant in a tiny illiquid stock like Hydro? I hesitate to ask you that as you have been on the money with your calls so far but I'm not sure trends lines work on stocks like these do they?

[skirbell] 01/5/2008 09:28

From a charting point of view, I would have like to have seen this current rise go above the 176p top of the previous rally. It hasn't (yet) so currently we have a lower high which isn't good. Tends to suggest that the down trend is still intact for the time being. ;(

[rivaldo] 29/4/2008 22:35

A couple of comments from Impax's March and February reports which are of interest:

"In the Water Treatment & Pollution Control sector, the Saudi Arabian
government announced plans to invest up to US$60bn over the next 20
years to expand water infrastructure and meet the requirements of a
growing population. The demand for water is growing at 6% annually,
and developments in Saudi Arabia are indicative of the rising need
for water in the Middle East as a whole."

"In water treatment and pollution control, the UK government announced plans for a review into domestic water charging, which could lead to compulsory meters in areas of 'serious water stress' by 2030. Complimentary options to reduce water usage include efficiency technology and tariffs. Commitments were also made to remove harmful phosphate chemicals from domestic laundry cleaning products, with a phase-out target of 2015. In China, the State Environmental Protection Agency announced aims to cut sulphur dioxide emissions by 6% in 2008, and upgrade wastewater treatment capacity by 12m tonnes."

[rivaldo] 29/4/2008 12:42

Exactly....and it's not a contract win anyway, only a distributorship agreement. These don't get RNS's unless the company is desperate for PR!

Nevertheless, imo it's pretty significant. HYD is heading into vast and untapped markets with fast-growing rewuirements for clean and controlled water supplies. The possibilities in relation to a mere £24m m/cap are large to say the least.

[lpf] 29/4/2008 09:58

By convention, if a contract doesn't change turnover or profit by 10% or more, it doesn't get RNSed

[gac100] 29/4/2008 07:52

Lovely jubbly indeed! surprised it wasn't RNSed.

[rivaldo] 28/4/2008 22:21

Now this is what I've been waiting for - expansion further into Asia. Lovely jubbly:



"Hydro International sign new Distribution Agreement for Malaysia
28-Apr-2008

Hydro International plc is pleased to announce the signing of a new distribution agreement with Weidaline Sdn Bhd, whose head office is in Kuching, Malaysia, to serve as Hydro's exclusive distributor for its stormwater products in Malaysia.

Weidaline Sdn Bhd, manufacture a wide range of storage tanks, oil separators and pipe products and they will distribute Hydro International's Reg-U-Flo® Vortex Valve, Downstream Defender®, First Defense® and Up-Flo™ Filter in the Malaysian market. With the addition of the Hydro International product range to their portfolio Weidaline will be able to meet almost any stormwater flow control and treatment application in their territory.

South East Asia offers Hydro International excellent growth potential driven by an increasing awareness of water related environmental problems and new regulatory requirements to address acute drainage and pollution issues associated with stormwater runoff."

[rivaldo] 28/4/2008 10:01

:o)) You're not related to Brian Clough by any chance?!!

Had a look - yep, the total is up significantly, but the basic directors rem'n is still only £377k in total! The rest is comprised of performance-based bonuses and incentive scheme payments which don't get paid if the company doesn't increase profits/EPS at reasonable levels. Bonuses are capped. The institutions/major shareholders were consulted on the conditions of the incentives.

And importantly, there are very, very few share options as the issuance would breach ABI guidelines. Thus there's very little dilution for shareholders.

The core salaries remain very low and the balance is payable on performance, so the overall theme is that HYD have swapped paying performance-based bonuses for the non-issuance of options. Doesn't seem too unreasonable to me. If HYD perform then shareholders will profit and so will the directors. Given their low basic salaries and lack of share options I can't see a problem with that. Happy to be persuaded otherwise though.

[lpf] 28/4/2008 08:06

Then prepare to be surprised, young rivaldo ;-)

[rivaldo] 26/4/2008 07:43

Inching back up nicely now...

Will have to read the AR soon to comment on salaries, but in the past HYD's remuneration has been absolutely fine imho so I'd be surprised if that's changed per LPF's comment.

[lpf] 23/4/2008 10:02

The directors aren't anywhere near as shy when it comes to paying themselves, I notice from the annual report.

[nhb] 23/4/2008 00:19

Blimey, a degree and post-graduate degree only gets you £26K max these days!?

In engineering anyway.....

[rivaldo] 22/4/2008 15:51

Want a job with HYD?



"R&D / Product Development Engineer
Salary £20000-£26000 + benefits depending on experience

Hydro International is an internationally renowned supplier of innovative technologies for urban water management, including systems for wastewater treatment, stormwater treatment and flow control, designed with the objective of reducing pollution and preventing flooding.

This is an exciting opportunity to join an industrial research team with the remit of developing and supporting a portfolio of products. Typical activities might include desktop and theoretical studies, conceptual design work, CFD simulation work, data modelling, experimental work including field testing and work to convert R&D outputs into commercial products and support tools. There may be opportunities to get involved in collaborative projects with Universities, or to present papers at conferences. Supervision of support staff may also form part of the role.

You will have a degree in Civil, Process, Mechanical or related Engineering field, ideally extending to postgraduate level. You should be academically astute, have good communication skills, commercial awareness and a willingness to engage in all aspects of the development process. You should also have an interest in wastewater treatment or water-environmental issues and have some evidence of experience in this sector, whether through a work placement or research project....

....The closing date for receipt of formal applications is 12 May 2008, though expressions of interest are encouraged before this."

[rivaldo] 22/4/2008 12:24

No probs iglet.

OT : if you fancy Chinese companies, CHNS and GNG have both made excellent announcements this morning and are on abysmally low ratings taking everything into account imho. DYOR etc, and sorry for the ramp!

[gac100] 22/4/2008 11:42

OK, its there now (on the page I linked to above).

[gac100] 22/4/2008 11:11

Its not here at the moment



and I can't find the damn thing anywhere else