Hydrodec Share Discussion Threads

[gimmetheloot] 10/2/2017 08:29

This update confirms significant progress in the turnaround of the Company over the past twelve months. Whilst the general operating environment for oil related businesses has improved recently, positively impacting the Group's pricing and margins, challenges still remain. 2017 has begun strongly in terms of sales orders in the US and Australia. Whilst the Australian feedstock position remains robust, the feedstock position in the US is tighter. Higher margin transformer oil sales currently represent c. 60% of total Group oil sales, with scope for further improvement through the year.

In 2017, the Group remains focused on continued progress from its positive Q4 2016 performance, which will be driven by strengthening margins as the Group continues to grow market share and deliver further cost reductions and efficiencies where appropriate. This should enable Hydrodec to deliver positive Group EBITDA for 2017 as a whole.

Chris Ellis, Chief Executive Officer of Hydrodec, commented: "I am pleased to report a move into positive Group EBITDA in the last quarter of 2016, as much of our recent hard work begins to pay dividends in terms of Canton's strong operational performance, our increasing penetration of the transformer oil market, and the impact of cost cutting measures over central corporate expenditure. Despite continuing challenges in a still volatile market, I am confident that 2017 will see a move for the Group towards full year positive EBITDA and look forward to reporting further progress."

[gimmetheloot] 10/2/2017 08:24

Buys showing as sells. This will rerate for sure. Never done a placing since listing and business is up 130% from last year within added value through carbon credits.

[gimmetheloot] 10/2/2017 08:07

2.99 pence paid MMS are totally screwed here. They simply have not got the stock.

;-))

[yump] 09/2/2017 23:52

Er no, I've had some at 6p, 4p, 2p and that's me done, waiting for a long term proper recovery.

[gimmetheloot] 09/2/2017 21:52

Somebody is bitter and missed the train!! Choo choo!!

[yump] 09/2/2017 21:30

Good idea. I've been here a while, so a few more months aren't long to wait to see if its a proper re-rating, but atm its not even clear when the business is likely to turn a profit.

[showme01] 09/2/2017 20:30

Yump. Why don't you flock off for a month and check back then :-)

[yump] 09/2/2017 17:01

If it had happened without a load of fuss and tweets, I'd believe that.
But its too much of a coincidence. If there's money to be made, there's a lot of it available from short-termers.

[chorister] 09/2/2017 16:22

Has anyone kept track of the aggregate volume since 22 January? I've lost track, but isn't it getting on for 10% of the company? Somebody must be buying - I can't believe it's all short term merchants or private investors.

[yump] 09/2/2017 16:17

No its not a re-rate. Its a load of short-termers buying the bottom for a quick in and out. Not unusual.

A proper re-rate will give a higher level which maintains for a month or so.

That will be the proof that buyers are legitimate holders looking for a bigger gain over longer than a Tweet lasts.

The good thing is that most often the short-termers miss out on the big gains, because they treat every apparent bottom the same, whether the business is actually recovering or not.

[yump] 09/2/2017 14:55

Give it a month and this board will be as quiet as it was until last week.

[gimmetheloot] 09/2/2017 14:28

Keya,

This company ticks all the right boxes. No platings since listing and a heavyweight board of directors. Lord Moynihan ex energy minister for the UK. Andrew Black founder of Betfair and owner of Paddy Power!

[keya5000] 09/2/2017 13:06

Shuffleman, done.

[gimmetheloot] 09/2/2017 12:49

-- Revenues from continuing core re-refining business expected to increase by approximately 100% to US$16.4 million (2015: US$8.2 million), reflecting the full recommissioning of the Canton plant at the end of 2015

-- Increased Group sales volumes of premium quality SUPERFINE transformer oil and base oil for the year of 33.3 million litres (2015: 14.4 million litres), up 130%

-- Continued improvement of plant operability, with an average utilisation rate of 73% achieved for the year, further validated by significantly lower number of production hours lost through unscheduled stoppages

[gimmetheloot] 09/2/2017 12:45

Nice XMAS present for Lord Moynihan former U.K. Minister of Energy!!

See the directors are fully loaded here.

Company has never done a placing other than when they listed.

The company has turned the business around 360 degrees with record production and higher sales margins ;-)

[yump] 09/2/2017 12:30

Interestingly I was in an Uber taxi yesterday and chatting about shares with the driver who was very knowledgeable. (I always remember a comment from years ago that you should never pre-judge, because the guy driving the taxi was a doctor before partition).

Anyway, got talking about the pound and Brexit and then oil, as he has some connections with some well-owners - didn't say how. I said its a shame we just burn it, when it can be made into so many useful things; then he mentioned recycling.

Turns out his brother was involved in some oil investing and forecasting business. One of the businesses they had been looking at was HYR - he wouldn't say why they were looking at it but he did say that if it was him, he wouldn't sell any shares (I told him I had a few).

Isn't it great how you can just stumble upon someone very wise and knowledgeable by accident ?

and then make up some story about them.

[the shuffle man] 09/2/2017 11:55

Keya

Can you add me to the new group on Twitter

TIA

[760il] 09/2/2017 11:49

I had my fingers on the sell button yesterday .They allowed to sell at spread 2.50p- 2.55p. I was getting 2.55p at 16:29:55

So I stayed. :)

[backtogo] 09/2/2017 11:36

check out BOIL also 2 mil payment confirmed RNS will bag by time it lands in bank in 10 days

[brucie5] 09/2/2017 11:35

Wow. Onwards and upwards.

Sometimes this pays off! ;)

[h2owater] 09/2/2017 11:18

Hydrodec Group plc (HYR) Earns “Buy” Rating from Canaccord Genuity

Posted by Daniel Jordon on Feb 2nd, 2017 // No Comments

Hydrodec Group plc logoCanaccord Genuity restated their buy rating on shares of Hydrodec Group plc (LON:HYR) in a research note issued to investors on Monday morning. They currently have a GBX 6.50 ($0.08) target price on the stock.

Hydrodec Group plc (LON:HYR) opened at 1.9875 on Monday. The company’s market capitalization is GBX 14.84 million. Hydrodec Group plc has a 12-month low of GBX 1.72 and a 12-month high of GBX 4.70. The firm’s 50-day moving average price is GBX 1.91 and its 200 day moving average price is GBX 2.59.

About Hydrodec Group plc

Hydrodec Group plc is a clean-tech industrial oil re-refining company with operations in the United States and Australia. The Company is engaged in re-refining of used transformer oil into, and sale of, SUPERFINE oil, and collection and treatment of waste lubricant oil and the sale of recycled oil products.

www.sportsperspectives.com/2017/02/02/hydrodec-group-plc-hyr-earns-buy-rating-from-canaccord-genuity.html

[brucie5] 09/2/2017 10:30

Me too. Just bought in this morning, having had these on my watchlist. A bit out of my normal universe, given the small penny sharedom, but I like what I see:

Great recovery chart
Operating in a 'green area' albeit in recycled oil from transformers
Growth market
Supportive Interest from G&S technologies, which took a further 1.7musd stake last October - with provision from an agreement in 2013 to take up to 49% of the US business.

And here's the chart:

[puzzler2] 09/2/2017 09:42

In for a few here today - long term chart prospects look encouraging, against a background of improving business performance.

[trotterstrading] 09/2/2017 08:26

Long way to go yet :-)

[keya5000] 09/2/2017 08:24

Be a shame for him to miss this.