Hydrodec Share Discussion Threads

[obbig60] 18/2/2015 15:22

I am always amazed how many kind people there are on ADVFN, who spend many hours of their valuable time on these boards to advise us foolish investors what a rotten company we have invested in. And all with no thought of reward for themselves. It makes one feel truly humble.

[quilarvium] 17/2/2015 23:12

Crude has no stability.Oil will be depressed as long as America strong arm Saudi to keep it low or lower.hydro had a good run but this was unforeseen.The smart Money is already out of hydro!Can see this going lower, if no scare shocks we will remain at the lower end of the lowest trading range.Let's hope we do not need any more 'fund raisings'.Good luck all, you're going to need it.

[capricious] 17/2/2015 13:10

Do you mean general lack of T-oil re-refining, or waiting for Hydrodec to kickstart operations?

If it's the first, then this is actually good for Hydrodec, as naphthenics is a tighter market, and high quality oil, (and even higher 500 hour oil), sold at a premium.


Wider market aside, I think until the mms cannot find a market pushing down the price, whenever there are opportunities for a small rise, then we'll be stuck as you rightly say, with a depressed sector.


Crude has had a period of stability, hopefully this continues, even so there is no reason Hydrodec cannot hit the margins they have done in the past.

[quilarvium] 17/2/2015 12:04

The whole oil sector dropping and lack of transformer oil recycling may be having some foreseeable impact here.

[luminoso] 05/2/2015 10:50

Agree, Kat. Same goes for QFI. Seems ridiculous that they are in this sector and not industrial/chemicals or something.

[spike_1] 05/2/2015 08:53

Well I've just doubled my holding (yesterday and this morning). There seems to be a positive momentum with the share price at this level.

We shall see.

Best wishes - Mike

[kattatogaru] 04/2/2015 18:22

My guess is that this stock will be ignored until oil prices rise again - investors just have it down as an aim-listed O&G co, pretty much untouchable. Which is great if you're still brave enough to top up at these rock-bottom prices...

[capricious] 03/2/2015 17:46

Edison has re-initiated coverage

[capricious] 31/1/2015 11:33

Thanks TR1/Luminoso

[luminoso] 30/1/2015 12:43

The quote from TR1 is in Ludgate's interims released yesterday - in the strategy and portfolio review section.

[luminoso] 30/1/2015 10:15

I have looked at Ludgate's annual report and see they are looking to wind up the fund by June 2018.Clip below :-

"On 1st September 2014, shareholders approved the recommendation of the Directors to extend the life of the Company to 30th June 2018. They also approved a revised investment policy which states that the policy is to effect the systematic winding down of the activities of the Company and the disposal of its assets in such a way as to seek to achieve the maximum possible value for shareholders. In order to effect such a winding down, the Company’s key strategy is to dispose of its portfolio of investments and any other assets and to exercise all legal rights of the Company over time in such a way as to maximise shareholder value and to take any such other action so as to enable it to realise its assets."

[luminoso] 30/1/2015 09:46

TR1 - Thanks, thats interesting. Can you say where you got this info from or provide a link ? I notice from their website that Ludgate say they held £1.1m of HYR at 31/12/14.

[tr1] 30/1/2015 07:27

SP will be kept low for the foreseeable future.

Ludgate Environmental Fund Limited

We continue to hold listed securities of Hydrodec Group plc and Phoslock Water Solutions Limited on an available for sale basis.

[capricious] 29/1/2015 14:01

We'll see whether the MMs use previous price action to turn volume in the other direction. I can't see why the share price is justified much below this, but then understand why they have plenty of ammunition to create most of their market going in one direction.

[capricious] 29/1/2015 13:57

hxxp://www.ossgroup.uk.com/press-releases.html?nwId=38

Part of their new aligning strategy. Their industry position offering some opportunities to gain market share over weaker competition.

[yump] 29/1/2015 12:42

Well if there is a good time to buy second-guessing the bottom, surely its got to be when the oil price has been freaking everyone out for quite a while and euro worries are doing the same.

[luminoso] 29/1/2015 12:32

500k buy makes me feel a bit better. Sadly don't have the cash to top up myself.

[luminoso] 29/1/2015 12:06

Some big sells gone through today.

[kattatogaru] 29/1/2015 11:59

Oh cack. Barely had I topped up at what looked like the bottom of the stop-loss reactions than it dropped another 7%. I hate it when that happens.

[capricious] 26/1/2015 19:20

That's very kind, and you're also very welcome.

[geoffg] 26/1/2015 16:43

Capricious may I add my own thnaks for all your industry. It is very much appreciated.
Thank you.

[finraj] 25/1/2015 15:23

www.eco-oil.eu.com/ would be their OSS counterpart.

From an older presentation (2007), they produce Base 2+ oils.
hxxp://www.allriskengineering.com/library_files/AIChe_conferences/AIChe_2007/data/papers/P79654.PDF

From the german translation - hxxp://translate.google.de/translate?hl=en&sl=de&u=hxxp://www.ufh.at/index.php%3Fi_ca_id%3D614&prev=search

it looks like they have recovery rates of 70%, perhaps about the level of CEP but below what Hydrodec is aiming for..


They want to expand to the US -

Their facility in Germany is probably having a capacity of 240,000 tonnes of oil already..

hxxp://refiningandpetrochemicals.energy-business-review.com/news/puralube-to-invest-eur40m-to-build-waste-oil-recycling-plant-in-germany-240513

Positives for Hydrodec - higher targeted recoveries (90% plus), carbon offset, strong US feedstock partner, tie-up with CEP to get into Base 3 oils, transformer oil market.

[capricious] 25/1/2015 14:53

Thanks finraj - then they'll come up against the pricing advantage Hydrodec will gain.

Be interested to see what the recovery rates are, and the comparisons of final output to Hydrodec.

Possibly not partners, but not impossible, if OSS switches out the processed fuels, that helps Puralube. Their fuel oil margins must be pretty slim when you factored in that they import the stuff.

Their two plants output 75K tons each, so somewhere around 75-80M L. Plant 1 is split 45k for lube and 25k for by-products. Very roughly assuming 100% used oil input, then recovery rates are 65%, within the range of current industry averages.

I'd hope Hydrodec process can get nearer 80%, and then produce a pure group III, which I think will be a world first, or one that can be commercialised to scale.

The other question, do you have to start of with a grp III used oil to produce a grp III? Not being a chemical engineer, I'd probably have to say yes. What's more likely is improving such things as viscosity (impurities etc) within the same group.

Ian is confident that he can easily feed the UK plants with feedstock, the key part will be making sure said feedstock is per requirements.


I saw some research (2012) saying that grp III only accounts for around 1% of world plant capacity, not sure of the accuracy, but is much smaller than the other grades.

[finraj] 25/1/2015 14:16

Thanks a lot capricious for the detailed update.

I guess the German company is Puralube.

hxxp://www.puralube.com/unternehmen/profil.html

They are a direct competitor to Hydrodec(more OSS) in the UK and would be an unlikely partner. I belive their strategy is to export out of Germany to the UK.