Hydrodec Share Discussion Threads

[euclid5] 12/6/2013 12:09

If A Black converts all his warrants / options he will own 25% - 104m shs

[euclid5] 12/6/2013 12:07

Edison BN out today - 12 p PT

[capricious] 12/6/2013 12:01

www.imakenews.com/lng/e_article002714516.cfm?x=b11,0,w

[sueyou1] 11/6/2013 14:18

No surprise there ;-)

Director's dealing in securities
The Company has today received notification that Andrew Black, a non-executive director of Hydrodec, purchased on 6 June 2013 1,150,000 ordinary shares of 0.5p each in the Company ("Ordinary Shares") at an average price of 9.927p per share.
Following the purchase Mr. Black holds 84,417,021 Ordinary Shares representing 20.0 per cent of the issued voting share capital. He also holds warrants to subscribe for 19.5 million Ordinary Shares.

[sueyou1] 10/6/2013 14:32

Don't forget the big one, motor oils!

[capricious] 10/6/2013 14:19

Certainly looks impressive, if the company can bring on stream the majority of those phases, the company would be amazing.

Expect a big increase of the share base, not necessarily all in one go, hopefully as real opportunities present themselves. We've moved away from fund raising just for survival, seems they are targeting positive ebitda by latest Q1 2014. Likely a good starting point to bring in new investment.

Aus pilot plant (industrial oils/lubricants) by end 2013, could be a small separate expansion on the current site in Young.

The chart shows the clock is already ticking for a new market entry (probably somewhere in europe/uk) either by acquisition or partnership. There's a corresponding commissioning of first European plant, but that has a date by late summer 2014*. Can't understand how that would happen with such a short timeframe. Maybe it's developing, by partnership/acquisition, an existing infrastructure.

*it takes around 9-12 months to fully commission a new plant, so it is possible, just, but we'd need to hear something soon if that was a reality.

[capricious] 10/6/2013 13:52

CEO's statement
hydrodec.com/download/pdf/press-release/IS-AGM-statement-2013.pdf

[dirty75] 10/6/2013 13:05

also well worth reading from the HYR website, is Smale CEO statement and the "roadmap to value" chart last page. There is a mention to expanding the HYR model to Europe which I think it's the first time Euro has been highlighted.

[sueyou1] 10/6/2013 11:46

Mr Black may well take a bigger chunk of QFI, due to the 'green dividends' down the line. I doubt he would want his dividend potential to be diluted by others.

[capricious] 10/6/2013 10:24

For those that didn't see this

www.hydrodec.com/download/pdf/presentations/Zeus-Presentation-May-2013a.pdf

[capricious] 10/6/2013 10:14

That's why I held off buying when the share price dropped (plus it didn't drop to my target level), I suspect there will be fund raising very soon.

It's likely a strong reason the share price has languished at these levels. If they can outline a clear strategy where the capital will be used to generate additional revenue streams, than overall that's positive for the sp, even with dilution.

If it's to pay back the Culs, then I'd rather they use debt financing since they already pay a coupon.


Reading the small paragraph from the rns above, it sounds like leveraging the developing growth story.

[adventurous] 10/6/2013 09:24

Sounds like imminent fund raising to me.

[capricious] 10/6/2013 09:21

As expected, this year has been strong to date, good news for the earn out clause.


"With our new broker, and the support of the Board, the management team intend to re-launch the Hydrodec investment proposition and thus move the Company forward based on a clear route to profitability and a growing opportunity in our core transformer oil business with very significant upside in the broader lubricant market."

Does that sounds like a major fund raising, or to attract more private investors in general?

[edale] 05/6/2013 17:16

AGM on Monday so hopefully an update on progress on Monday morning.

[mortimer7] 05/6/2013 12:45

I bought early this year as I considered the strategic actions over the last few months all very shrewd. A quick recap:
Lord Colin Moynihan appointed Chairman
Directors buying heavily
Strategic US Partnership announced "transformational deal"
Execs incentive plan relates to share price increase
New broker appointed, Peel Hunt
After all the recent good news I expect Peel Hunt are tasked to stimulate investor interest to benefit the SP, and obviously this ties in to the execs incentive.
On the downside, there's been a drop in the share price yesterday, which if it is related to the spillage, seems to be a gross over reaction to a relatively minor event.
I'm pleased I bought in here a few months ago, but that said the low price now for any potential investor looks even better. The company seems to have been somewhat off the radar, so let's hope Peel Hunt do their work.

[capricious] 05/6/2013 11:30

I'd guess so, as long as it wasn't due to negligence.


The news was reported by the local small newspaper, that pretty much sensationalised the story. The spill was 250 litres, and no damage was reported.

I'm sorely tempted to significantly buy here, the share price is at the sort of level we had when things looked pretty bleak. 'But' potential fund raising on the horizon is a strong barrier

[dirty75] 05/6/2013 11:29

Presume they insurance for these events ?

[capricious] 05/6/2013 11:14

This isn't the US EPA, and Hydrodec have had an excellent record so far, I can't see the authorities destroying a company with overly punitive fines.

Luckily there was no lasting damage to the waste system, as a consequence of the spill

Very low volumes, and no indications that institutionals are selling.

Company RNS

http://hydrodec.com/download/pdf/press-release/Young-Incident.pdf

Doesn't give much info to potential fallout from authorities.

At the minimum, there will likely be a bill for fire and emergency service clean up.

[targatarga] 05/6/2013 11:12

Help for Heros!

[capricious] 05/6/2013 11:10

It could also be just before some fund raising

[seeingtom] 05/6/2013 07:31

Large? Might just be getting going. 9% fall even though this doesn't seem to have been picked up by UK press yet! Hydrodec need to RNS to tell us how bad it is. According to this news story, Hydrodec is under investigaton after a chemical spill and faling to notify the Environmental Protection Agency when they were supposed to. Talk of hefty fines. http://www.youngwitness.com.au/story/1540572/chemical-spill/?cs=1540

[the shuffle man] 04/6/2013 16:26

Any reason for todays large fall ?

[capricious] 03/6/2013 18:36

I think it more internal politics/playmaking by the other parties, rather than governmental issues. Although now the hint does suggest some alternative solution in Japan.

Something that sees the Japanese partner have full control, but paying royalties is still pretty good. Once they have a proven process for group II/III, I'd not bet against a deal being forthcoming if one hadn't already been established.

The secondary market isn't as well accepted as in other regions, but Japan relies heavily on imports, and a tech that helps to redress that imbalance would be very attractive

[alanrussell] 03/6/2013 13:35

Interesting article.
"With bureaucracy holding up any further advances in the Japanese market..."
I find it hard to believe that bureaucracy was the problem.