Hydrodec Share Discussion Threads

[alanrussell] 28/10/2013 20:27

The main difference allocation-wise between this and the Royal Mail IPO is that with RM there was a political imperative to appear to favour the small investor. With HYR there is no such necessity. They have said applications will be scaled back proportionately which I take to mean the more you apply for the more you get, albeit perhaps only 10% or 20%.

[mattboxy] 28/10/2013 19:19

Phoned Barclays today and applied for an extra £1000 so here's hoping. Is it unusual for a share to rise after Announcing an offer like this? Barclays fell on their offer announcement ! Is this asign that we may hold up even when the new shares are listed? Also will the large investors in the placing be able to offload immediately or will they have to hold for a fixed time?

[mortimer7] 28/10/2013 12:05

I've applied for 10000 which is approximately 6 times my entitlement.
And I would have applied for more, but erred on the cautious side having missed out on Royal Mail by being too greedy.

[capricious] 28/10/2013 08:22

Those overseas aren't able to take part.

I imagine the large investors, including the ones on Hydrodec's site, have taken part in the closed placing.

[dirty75] 28/10/2013 08:18

Unless people don't think they'll get much in the open offer bar their entitlement. How about those whom aren't in the UK, are they able to take part? I'm the 30th as a deadline.

[capricious] 28/10/2013 07:59

Thanks for your responses.

I think my broker is being a little cheeky.


And yes around 750.


I suspect part of the rise, and not just the positive news element, could be brokers 'supporting' the take up. I'm assuming a little drop down after admission of the new shares, but as this rise is post entitlement, it may not happen as guessed.

[mattboxy] 28/10/2013 07:30

Ok thanks I'll call them today.

[vitamal] 28/10/2013 06:35

Received a letter on Friday telling me to phone them if I wanted to take up the offer

[mattboxy] 27/10/2013 20:56

I use Barclays and I've heard nothing yet! Does anyone else use them and have u heard anything?

[euclid5] 27/10/2013 18:15

am I correct ids saying after fund raising there will be a total of 750m shs in total issue

[tongosti] 27/10/2013 18:13

1st of nov

[capricious] 27/10/2013 17:06

What response deadline do you guys/gals have set by your respective brokers, if you plan to take up the offer?

Mine has the 30th, which is a whole week before!! I understand there is time for aggregation, but a week?

[alanrussell] 23/10/2013 12:11

Very interesting presentation, all very encouraging except they don't anticipate a licence in place in Japan until H1 2015. I presume (hope) that they are being cautious.

[capricious] 23/10/2013 11:34

Investor presentation Oct 21

www.hydrodec.com/download/pdf/presentations/Hydrodec-investor-presentation-october-2013.pdf

[capricious] 23/10/2013 11:31

I have to say, my concerns and that of other posters, about whether Mr Black, or indeed some other investor, would get the company on the cheap, were unfounded.

Everything I read about Mr Black, and I've read a fair amount, actually painted a picture of someone who puts more than just money into a company or project.

I mentioned the support he gave the football team he owned, even as the stress mounted. It obviously makes good business sense, but he has been invaluable to Hydrodec's ongoing success.

By some deft management and strong support, the team have steered the business to better waters.


Who's partaking in the offer?

[kendonagasaki] 22/10/2013 20:30

Bertie always edges his bets?For me HYDRODEC 's biggest fear is now over!No one is or can get into a position to take it out at a low ball bid. I beg, do give our chairman credit where credit is most unduly do!I for one most certainly do.

[sueyou1] 22/10/2013 20:13

All good here finally :)

No wonder Mr Black kept buying!!

Now HYR will be in the black with Mr Black in HYR :-))))

[kendonagasaki] 22/10/2013 07:11

Most positive of news.HYDRODEC is a unique diamond in the dirt, no one else has the patented technology to refine transformer oil back to original state....no one.Been holding since 8p they are in my SIPP so I will sell when they hit 1.00 next year.

[sammy_smith] 21/10/2013 14:26

LISTEN: CEO interview Hydrodec Group (HYR) - Proposed Placing, Open Offer, Repayment of Debt

Click the link below to listen

[themariner] 21/10/2013 12:14

I am certainly going to be taking up my entitlement (if not more, if available) under the open offer. I'm very glad now I built a meaningful position in the last year or so.

Debt free, growing, in a growing, global, green-tech space - you're right capricious, what's not to like.

Throw in a dividend (I know, that's highly unlikely for this business for some time, given the coming investment), but that really would complete the picture.

[capricious] 21/10/2013 11:46

I remember when Hydrodec released their most recent year end video, one poster commented that Ian's body language meant we were hearing untruths. I just thought he looked more tired than the last video.

We now know why, the team were busy burning the candle at both ends transforming the business. Great work.



I'm not sure what to predict for the share price in the short term. We might drift down to the offer price, but with the debt resolution, even with the large dilution, I can't see the share price having the same constraints. We have a clear path to profitability and are effectively debt free, what's not to like, markets eat that up.

[capricious] 21/10/2013 11:42

"Advanced talks with potential partner(s) in the UK"... certainly seems that the more favourable resale price for Hydrodec's products, lack of mature competition (transformer oil) and leading position OSS holds in the industry, is creating a big stir.

I can't keep up with their progress!

[luminoso] 21/10/2013 10:27

The debt was holding this share price back, IMO. So, bought back in today.

[capricious] 21/10/2013 10:25

I had started to get a suspicion something was up when Edison were taking an unusually long time to release their report, I thought it might be something to do with funds.

Raising this kind of cash is a pretty significant vote of confidence. Plus you immediately boost the operating profit without those pesky coupon payments.



Although I don't like to regret my decisions, I almost, but not quite doubled my holdings when it dropped to 8p. I held off as the funding issue was still a present danger. Only a few weeks later, we have the OSS deal and now a transformative move on the balance sheet!