Hydrodec Share Discussion Threads

[kattatogaru] 04/12/2015 16:42

Call me rash but I doubled my holdings on the low today, if we get back above 6p I am in clover. IMHO it shouldn't take too much, I am confident in the technology and all I see now is ill-justified panic and shorting just as we're out of the darkest period. New CEO just put in 20K of his own, seems like he should know.

[capricious] 04/12/2015 15:14

Cheers luminoso,

[luminoso] 04/12/2015 14:59

I think the recent drop is linked to Ian Smale's departure as I imagine many investors rated him, as I did. I rate the company too, but the market does not. I reluctantly sold out at a loss at around 6p. One of the reasons then was the deteriorating Oil price situation. I know that this should not have a detrimental effect on the HYR price but it just does. We can say the market is wrong, but it can stay wrong longer than we would like ! Todays news of OPEC increasing their production ceiling is another blow to anything that is remotely connected to Oil other than maybe Oil storage facilities ! I want this company to succeed and be invested in it, when it does. I just won't be re-investing until the market conditions improve. Best wishes to all holders and thanks for a good BB, Capricious.

[capricious] 04/12/2015 13:41

You can't accuse Chris of not putting his confidence in the company and his new role, a sizeable purchase relative to his current holdings.

[capricious] 04/12/2015 13:37

The hard facts are that the US/AUS business has a clear route to profitability, not just cash generative.


The UK case for a refinery is as strong as it was before, certainly as the North Sea oil industry is being decimated (even the Norwegians are not immune) but some clarity of the strategy needs outlining.

Can they manage to reduce UK costs to make it neutral enough to hold for better market conditions or reaching additional milestones. If they can get planning permission in the UK, with the right environment, other partners might be interested. Or do they do something more cutthroat.

[geoffg] 04/12/2015 13:19

Very sorry to see Ian Smale go, & like you Cap' I rated him. I've not been too concerned with the price movements on these previously as I've always felt the long term view was very good. I am now a 'little unsettled'.
I do however continue to hold.

[capricious] 04/12/2015 12:16

I rated Ian, and he is respected throughout the Industry. Sad to see him go but if the focus is to optimise efficiency and improve the bottom line, Chris is that person.

With a lot of the longer term strategy in place, a greater push on operational efficiency is probably what is needed right now.


At this stage I'd rather see them concentrating more on building on the US/AUS platform, and by the transactions today, some seem to agree.

[mortimer7] 04/12/2015 10:08

Looks like the frustrations borne by us share holders are felt by the Board....
Ian Smale gone, NOMAD sacked & Canaccord Genuity appointed.

[capricious] 02/12/2015 14:54

The last update we had was of strong demand for Superfine, I haven't seen anything that says otherwise.

[capricious] 02/12/2015 14:48

With regards to the sp, the price drop seems to be more to do with breaking down through a historic low, and there being more shares on offer, than punters are willing to take at the moment.

As to Andrew's loan, if all he wanted was to get the company cheap, he could've done that a long time ago. There have been many opportunities for him to do so.


I see the funding line there for the continued ramp up into next year, and that there is a strong market for Superfine. I'd rather they go down the route of a full speed ramp up, rather the slower position of waiting for cash flow to appear as sales are completed.

[alanrussell] 02/12/2015 13:48

Continued selling is most worrying. Either the market is just plain wrong and holders are selling rather than risk further losses with no buyers around or there is a real reason. The only reason I can think of is that the market reckons HYR is going bust (being profitable at the operating level is sod all good if other overheads drag the group down) and AB is positioning himself to walk away with the technology to do a deal elsewhere. Other theories welcome!

[finraj] 01/12/2015 19:54

Who is selling at these prices?

[mortimer7] 01/12/2015 18:31

I know I shouldn't be surprised, but the share price dropping today after this mornings RNS is strange.
Andrew Black increasing his working capital facility is IMO a great show of support for the company, and far preferable to discounted placings or external funding. Also "(The company)continues to anticipate the Canton plant to be cash generative from an operating perspective by the end of 2015"

[quilarvium] 11/11/2015 19:04

Share price seems to be dragging like a fat lasses Ass!It is a fantasy share I've been told.The fantasy over the last 8 years is that it may hit a £1.The reality is we are chewing dirt 'hard' at 5.4p.If the CEO's belly gets any lower it will be dragging like a.....

[mike c28] 04/11/2015 16:41

Anyone know the reason for the big fall today ?

[obbig60] 27/10/2015 14:36

New note out from Edison with a valuation of 11.3p

[capricious] 23/10/2015 11:28

Amazing, how long did it take for you to come up with that snippet of prose poetry?

[dreamtwister] 22/10/2015 08:41

smale the snail

[mortimer7] 21/10/2015 08:20

Nice to be able to leverage the fortune of having a non-exec such as Andrew Black. And also a clear sign of faith in the project from him...

[mattboxy] 04/10/2015 09:45

Anything of note?Can anyone post?

[etarip] 03/10/2015 15:44

Write up in the Investor Chronicle this week.

[capricious] 28/9/2015 11:13

Ahaha, like it.

[yorkiemike] 26/9/2015 13:21

For one, I remain hopeful that the recent challenges are being managed effectively and overcome. Reported progress during the remainder of 2015 would be most welcome, so holders can look forward to a positive 2016 and beyond. Clearly one for the long term still before significant headway will be reflected in the share price.

[kendonagasaki] 25/9/2015 08:34

Five years ago the share price was 8p.Five years later the share price is 7p.Guess what?Not for widows or orphans.