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Share Name Share Symbol Market Type Share ISIN Share Description
Hydrodec Group Plc LSE:HYR London Ordinary Share GB00BFD2QZ40 ORD 50P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.0% 3.25 - 0.00 01:00:00
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Alternative Energy 11.6 -5.2 -95.7 - 1

Hydrodec Share Discussion Threads

Showing 4901 to 4922 of 5025 messages
Chat Pages: 201  200  199  198  197  196  195  194  193  192  191  190  Older
DateSubjectAuthorDiscuss
13/8/2019
09:27
Would be one of the most boring shares on the Market, except to say that it treads an inexorable path downwards !
corrientes
13/8/2019
07:54
Ahhh..... the promise of royalties again. Did HYR ever receive any royalties from Slickers, also owned by Mr Black? Feels like being screwed over again.
123gmtrader
13/8/2019
07:24
Australia out of the way should help. Not a lot to show for it though. And another chunk of the business ends up with Andrew Black.
1gw
05/8/2019
16:31
all the way to zero
corrientes
15/7/2019
16:38
rns today relates to hydrogen group!!
timmy11
24/6/2019
22:56
Good debate guys, I also thought the update was positive and it would be great to see contracts/business materialise with US utilities. Senior Management seem to be putting alot of effort in this area at the moment.
tonytyke2
23/6/2019
18:26
I can certainly see both sides here. First off, the Bear side. Hydrodec was formed years ago and has failed to become a profit making company, always offering jam tomorrow. A good example of jam tomorrow is the Australian plant. The board had suggested it would of been sold earlier in the year but we are still waiting. It has cost a lot more than expected in the last 6 months and there are still decommissioning and associated costs which are unclosed and then the priced quoted is going to be $0.6m less than expected. Will the royalties make up the difference? Finance has always been tight with the company with a hefty dilution last year. It is possible that HYR will continue to plod along always failing to not quite hit the figures due to some unforseen circumstance. The Bull side. To understand HYR you need to know the history of the company. HYR started back in 1992 under the company name CSIRO with the intention of removing PCBs from naphthenic oils. PCBs are known to cause cancer. In 2001 HYR was formed and in 2004 was listed on AIM. The first plant was built in Australia in 2006 and Canton (USA) was built in 2008. In 2011,HYR formed an alliance with a Japanese company called Kobelco, where they would use Hydrodec's technology to remove PCBs from from Transformer oils within Japan. In 2012 there was a massive earthquake just off the coast of Japan causing a tsunami which in turn caused massive destruction within the country. This is where HYR started it's troubles imo. In 2013 HYR bought up the OSS group after spending time looking for a European base. HYR now had positions in Europe, America, Australia and Japan. In December 2013, the American plant, Canton was put out of action due to a fire. It would be almost 2 years before the plant is back to full operations. In 2014 HYR's allance in Japan was ceased due to stricter laws on holding contaminated products. These laws came about because the damage and pollution caused from the earthquake in 2012. Also in 2014, was the start of the crash of the price of oil. In 2015, HYR bought ECO oil, which would be used to supply Hydrodec's plant, OSS. In 2016, HYR sold off hydrodec UK to A Black for £1. In 2016, HYR had Carbon Credits(CC)approved. In 2017, HYR sold it's first CCs and further patented it's technology. In 2018, HYR further patented it's technology for Europe. HYR also did a equity raise for £11.2m Investor talk of jam tomorrow and it can look like that but the fact is, HYR over stretched themselves, trying to run in too many continents before they could walk. So when and earthquake hit, followed by a fire and the the Oil crash, Hydrodec, who had not yet become profitable, was financially in trouble. The last few years the company was in dire straits financially and I believe most private investors did not understand how badly the company was. Chris Ellis was appointed interim CEO with the main job of keeping the company alive, primarily by reducing costs. Head office workers were reduced to a bare minimum as well as BOD with the company reduced to only 2 full time bod and 3 NE BOD. The placing last year saved the company, reducing debt and giving it some cash to allow increased purchases of feedstock. The company is now basically down to one plant, Canton, which is better placed to grow. The Australian plant has been a drain on cash and though HYR have taken longer to sell than anticipated and getting a lower price, the company will be financially better off with it gone. There is also talk of using Hydrodec's technology with Slickers (formerly Hydrodec UK. There is considerable holdings by the BOD and iis. Small profits from CCs but the benefit far out ways the cash. These can be used to offset other companies pollution and entice them to use cleaner oil in a world that is starting to see greater recycling needs. The company, having reduced the debt, has cash to use to help buy larger amounts of feedstock and its the feedstock, or lack of it, that has been a big issue. If they can increase the feedstock supply, by having greater cash available, the use of CCs and also by creating closed loop contracts then Canton will be able to increase it's utilisation rates. At a 70% rate, there is just a 35% cash return, but at 90% it rises all the way to 90% cash return on investment. There has also been talk of adding another train to Canton from the proceeds of the AUS plant. Due to the companies unique product which is protected in the US and Europe via Patent, there is going to be an increase of up to 50% in the retail price of the transformer oil. I really could go on and on, but to sum it up, HYR over expanded too quickly and when a series of events happened the company almost finished. Now with AUS plant almost gone, HYR are back to basics and can concentrate purely on the US. If only they had done that to start with! So what it all boils down to now is, can they procure enough feedstock?
123gmtrader
23/6/2019
11:51
I did, but its just so much jam tomorrow, and apparently Mr Market thinks so as well. Of course, I hope I'm wrong, but the proof of the pudding is in the eating, and so far its just a recipe.
corrientes
23/6/2019
11:18
I take it you didn't read the recent update.
capricious
22/6/2019
17:47
Maybe,despite lots of promises of the blue sky type over the years, there's been instead, such a long history of failure, that any words coming from the company are no longer believable. We await the next load of excuses with bated breath !
corrientes
21/6/2019
17:10
Good update, and not a peep on the thread.
capricious
10/6/2019
10:51
What are people going on about? I don’t recall reading anything about another open offer. Strip out decommissioning of AUS and strategic restructuring costs, underlying performance is strong. Tolling charges will end July, further improving EBITDA. Edit. The poster is a fake account (or hacked) posting the same message to multiple threads, in the hope of effecting sp
capricious
10/6/2019
06:53
Another troll by the username lsehotdealz haha, share price is stagnant and there’s talks of fundraise at 10p on that board lol desperation has lead to going round posting on different board to prevent share price from dropping, usually ud stay quiet and average down and accumulate if you see huge potential lmaoo he’s spamming all the boards and a newly registered today as a member lol
lukmanpatel
28/5/2019
12:59
ANOTHER Arden Partners disaster. 20% loss on the last placing and still in trouble.
itscominghome
28/5/2019
09:36
Halfway through the 2 year turnaround.Does anybody really believe this.
1squintyflinty
28/5/2019
09:31
I for one certainly won't be participating in the open offer
1squintyflinty
28/5/2019
09:06
Promise of dividends,stated previously ! Very often, companies with titled heads are the ones to stay clear of.These persons put in to give a company credibility, used to be called guinea pigs I think. What an absolute shower.
corrientes
28/5/2019
08:51
Agreed, consistently awful performance over several years, terrible team.
mortimer7
28/5/2019
08:48
Sack the management.What are they getting paid for?????,taking the company into liquidation??Ther should be a shareholder revolt against these bunch of idiots
1squintyflinty
28/5/2019
07:36
I don't know how they're managing to get funds or who is silly enough to be parting with money to invest. Should just wind it up now its a dead duck. There is no prospect of ever getting a profitable business here - its just going to be a stream of problems and exceptionals. The carbon credits are not going to suddenly solve the problem and they are tiny financially. I find it very annoying how blatently failed businesses can continue to get money.
yump
29/3/2019
10:27
Agreed, good post
capricious
29/3/2019
10:12
Correct capricious. Where they will pay more for the feedstock, increasing the quantity will improve the profit. At 70% plant utilisation there is a return of cash of 35% where as 80% gives 57% and 90% gives 90%. They have factored in that the cost of feed stock will go up already. The obvious problems or negatives are Australian plant still not sorted out and then the increase in loss due to restructuring. On the plus side, revenues are higher than forecasts.
123gmtrader
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