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The 20 million Company with the potential revenue of 1 billion (HYR)
chad
- 03 Feb 2005 21:10
HydroDec Group (HYR) Has developed technology that allows contaminated oil to be cleaned and re-used. In todays environment this kind of company cannot be overlooked. It already has a fully-functional plant in Australia and another is due to be opened in around 9 months. Tipped in Shares magazine as a 'blue sky' stock. If the company manages to capture 1/2 of the market revenue could be as high as 1 billion.
Anyone holding who's as excited as I am?
Anyone holding who's as excited as I am?
kayha - 10 Feb 2014 12:34 - 100 of 112
LISTEN: Ian Smale, CEO of Hydrodec, discusses the recent American Carbon Registry approval
Click here to listen
Click here to listen
kayha - 26 Feb 2014 14:54 - 101 of 112
WATCH: Ian Smale, Chief Executive of Hydrodec, discusses the insurance payment relating to the incident in Canton in Dec 2013
Click here to watch
Click here to watch
js8106455 - 18 Mar 2014 14:50 - 102 of 112
dreamcatcher
- 14 Apr 2014 21:26
- 103 of 112
SMALL CAP SHARE IDEAS: Hydrodec transforming into profitable business as carbon recovery takes off
By Ian Lyall, Proactive Investors
Published: 13:51, 14 April 2014 | Updated: 17:25, 14 April 2014
Followers of the Hydrodec story since its listing on AIM a decade ago will have noticed a significant increase in the pace of progress since the appointment of Ian Smale in January 2012.
For those unfamiliar with the business, it has a ground-breaking refining technology that turns used oil found in transformers into a product of outstanding purity.
The struggle has been to translate this promise into tangible investor returns – or, at the very least, cash flow and profits.
Holy grail: Hydrodec hopes to one day produce high grade car engine oil
Under Smale and his team this corner seems to have been rounded.
Hyderodec is on the cusp of profitability and thanks to a £24million placing and open offer, it is also debt-free, removing a huge millstone from around the neck of the business. It even has 'cash to fund our immediate growth', reveals Smale.
Meanwhile, the £4.65million acquisition of OSS Group takes the group from a specialist transformer oil refiner into the much broader used oil market.
Getting its hands on feedstock for its US operation, where it owns the Canton refinery, was behind its strategic partnership in the US with G&S Technologies last year.
The New Jersey-based electricity transformer recovery group has a 50-year track record of working with the industrial and utility sector stateside.
The fly in the ointment was the fire at Canton late last year, which has wiped out production.
Smale says the group is well insured, not just for replacing and repairing the plant, but for costs of this interruption to business, and he is confident Hydrodec will emerge from the setback financially unimpaired.
The award of an interim $2million payment in February would appear to validate this assertion.
The firm’s technology, born from work carried out by Australia’s Commonwealth Scientific and Industrial Research Organisation, delivers 99 per cent recoveries from transformer oil, creating a product that can’t be distinguished from new oil.
'In fact, it meets all the international standards for new oil,' Smale says. This fact will provide a significant boost when it comes to pricing the recycled substance.
The process has also been approved by the American Carbon Registry as carbon saving and capable of generating carbon credits that can be sold on the voluntary market; however, it is still too early to say just how much they might be worth.
Approval of qualification for carbon credits would achieve a personal landmark for Smale, who spent 30 years at the oil giant BP.
'One of the incentives to join the company after so long with BP was being able to say we are the first oil company on the planet selling oil with a carbon credit. We are very close to that,' explains the Hydrodec CEO.
As the company heads towards profitability, the OSS acquisition takes Hydrodec on to a different level where it will look to deploy the technology on all manner of used oil.
HHYDRODEC AT A GLANCE
AIM ticker: HYR
Value: £90million
Current price: 12p
Year high: 15.27p
Low: 8p
.
Okay, the recoveries are unlikely to be as impressive as the ones seen for transformer oil, but Hydrodec has already proved it can produce a 'very good' Group Two oil at better rates of efficiency and quality than the current recycling projects.
These range from processed fuel oil, which is sold as an accelerant for coal fired power stations, ceramics and cement plants, to lubricants found in hydraulics.
The Holy Grail for Hydrodec would be creating a Group Three oil of a standard used in Castrol and Mobil products sold on most petrol forecourts.
It would also be the first Group Three oil produced outside of the Middle East or Asia.
Hydrodec’s tie up with the Indian conglomerate Essar, which owns the former Shell refinery in Stanlow, Cheshire, could be the key to cracking this market, Smale reveals.
'It is a huge site with a lot of space for additional development,' says the Hydrodec boss.
'It has the infrastructure we would need, such as tankage, loading and unloading, lubricant testing labs and hydrogen, which is core to our process.
'Most significantly, it has 100 years of operating experience with an area of real expertise.
'What it brings is the opportunity to accelerate deployment.'
Before the incident at Canton the company’s broker Peel Hunt reckoned the group would post sales of $84.4million this year, delivering EBITDA of $7.4million, rising to $127million and $19.3million respectively in 2015.
'We are taking the technology and the existing business in transformer oil and expanding into a much more sustainable proposition in all used oil,' says Smale.
'We should have a far more financially robust and bigger business as a result.'
By Ian Lyall, Proactive Investors
Published: 13:51, 14 April 2014 | Updated: 17:25, 14 April 2014
Followers of the Hydrodec story since its listing on AIM a decade ago will have noticed a significant increase in the pace of progress since the appointment of Ian Smale in January 2012.
For those unfamiliar with the business, it has a ground-breaking refining technology that turns used oil found in transformers into a product of outstanding purity.
The struggle has been to translate this promise into tangible investor returns – or, at the very least, cash flow and profits.
Holy grail: Hydrodec hopes to one day produce high grade car engine oil
Under Smale and his team this corner seems to have been rounded.
Hyderodec is on the cusp of profitability and thanks to a £24million placing and open offer, it is also debt-free, removing a huge millstone from around the neck of the business. It even has 'cash to fund our immediate growth', reveals Smale.
Meanwhile, the £4.65million acquisition of OSS Group takes the group from a specialist transformer oil refiner into the much broader used oil market.
Getting its hands on feedstock for its US operation, where it owns the Canton refinery, was behind its strategic partnership in the US with G&S Technologies last year.
The New Jersey-based electricity transformer recovery group has a 50-year track record of working with the industrial and utility sector stateside.
The fly in the ointment was the fire at Canton late last year, which has wiped out production.
Smale says the group is well insured, not just for replacing and repairing the plant, but for costs of this interruption to business, and he is confident Hydrodec will emerge from the setback financially unimpaired.
The award of an interim $2million payment in February would appear to validate this assertion.
The firm’s technology, born from work carried out by Australia’s Commonwealth Scientific and Industrial Research Organisation, delivers 99 per cent recoveries from transformer oil, creating a product that can’t be distinguished from new oil.
'In fact, it meets all the international standards for new oil,' Smale says. This fact will provide a significant boost when it comes to pricing the recycled substance.
The process has also been approved by the American Carbon Registry as carbon saving and capable of generating carbon credits that can be sold on the voluntary market; however, it is still too early to say just how much they might be worth.
Approval of qualification for carbon credits would achieve a personal landmark for Smale, who spent 30 years at the oil giant BP.
'One of the incentives to join the company after so long with BP was being able to say we are the first oil company on the planet selling oil with a carbon credit. We are very close to that,' explains the Hydrodec CEO.
As the company heads towards profitability, the OSS acquisition takes Hydrodec on to a different level where it will look to deploy the technology on all manner of used oil.
HHYDRODEC AT A GLANCE
AIM ticker: HYR
Value: £90million
Current price: 12p
Year high: 15.27p
Low: 8p
.
Okay, the recoveries are unlikely to be as impressive as the ones seen for transformer oil, but Hydrodec has already proved it can produce a 'very good' Group Two oil at better rates of efficiency and quality than the current recycling projects.
These range from processed fuel oil, which is sold as an accelerant for coal fired power stations, ceramics and cement plants, to lubricants found in hydraulics.
The Holy Grail for Hydrodec would be creating a Group Three oil of a standard used in Castrol and Mobil products sold on most petrol forecourts.
It would also be the first Group Three oil produced outside of the Middle East or Asia.
Hydrodec’s tie up with the Indian conglomerate Essar, which owns the former Shell refinery in Stanlow, Cheshire, could be the key to cracking this market, Smale reveals.
'It is a huge site with a lot of space for additional development,' says the Hydrodec boss.
'It has the infrastructure we would need, such as tankage, loading and unloading, lubricant testing labs and hydrogen, which is core to our process.
'Most significantly, it has 100 years of operating experience with an area of real expertise.
'What it brings is the opportunity to accelerate deployment.'
Before the incident at Canton the company’s broker Peel Hunt reckoned the group would post sales of $84.4million this year, delivering EBITDA of $7.4million, rising to $127million and $19.3million respectively in 2015.
'We are taking the technology and the existing business in transformer oil and expanding into a much more sustainable proposition in all used oil,' says Smale.
'We should have a far more financially robust and bigger business as a result.'
js8106455 - 09 Jun 2014 11:31 - 104 of 112
dreamcatcher
- 10 Jun 2014 20:46
- 105 of 112
HydroDec directors add 4.36m shares, stock value jumps
Tue, 10 June 2014
A total of 4.36m shares were purchased by seven of HydroDec's board members this week, the oil technology group revealed on Tuesday.
The transactions come just a few weeks after the group reported wider losses in the 12 months ended December 31st at $17.45m, compared to $14.20m a year earlier.
The largest deal was made by Andrew Black, a non-executive director, who acquired 1.91m shares, taking his stake to 178.05m, equal to an interest of 23.85%.
Chief Executive Ian Smale added 454,545, more than doubling his stake to 928,014, while Chief Financial Officer acquired the same amount, taking his holding to 1.35m.
The news prompted the value of the shares to jump around 8%.
Top Director Buys
HydroDec Group (HYR)
Tue, 10 June 2014
A total of 4.36m shares were purchased by seven of HydroDec's board members this week, the oil technology group revealed on Tuesday.
The transactions come just a few weeks after the group reported wider losses in the 12 months ended December 31st at $17.45m, compared to $14.20m a year earlier.
The largest deal was made by Andrew Black, a non-executive director, who acquired 1.91m shares, taking his stake to 178.05m, equal to an interest of 23.85%.
Chief Executive Ian Smale added 454,545, more than doubling his stake to 928,014, while Chief Financial Officer acquired the same amount, taking his holding to 1.35m.
The news prompted the value of the shares to jump around 8%.
Top Director Buys
HydroDec Group (HYR)
dreamcatcher
- 10 Jun 2014 20:47
- 106 of 112
dreamcatcher
- 15 Jun 2014 11:38
- 107 of 112
Director Deals - Hydrodec boosted by management purchases
By Giles Gwinnett
June 14 2014, 10:02am
Chief executive Ian Smale and chairman and former Tory sports minister Lord Moynihan spent £50,000 each to boost their respective stakes in the business
Shares in oil recycling specialist Hydrodec (LON:HYR) have been given a lift by the share purchases made by management.
Led by Andrew ‘Bert’ Black, the gambling entrepreneur who owns 23% of the company, five directors waded in to purchase stock.
They each paid 11p a share, with Black acquiring £210,000-worth.
Chief executive Ian Smale and chairman and former Tory sports minister Lord Moynihan spent £50,000 each to boost their respective stakes in the business.
In the last five trading days, the share price has risen almost 15%.
Hydrodec has a ground-breaking refining technology that turns used oil found in transformers into a product of outstanding purity.
The struggle has been to transform this promise into tangible investor returns – or, at the very least, cash flow and profits.
Under Smale and his team this corner seems to have been rounded.
The company is on the cusp of profitability and thanks to a £24mln placing and open offer, it is also debt-free, removing a huge millstone from around the neck of the business.
Meanwhile, the £4.65mln acquisition of OSS Group has taken the group from a specialist transformer oil refiner into the much broader used oil market.
By Giles Gwinnett
June 14 2014, 10:02am
Chief executive Ian Smale and chairman and former Tory sports minister Lord Moynihan spent £50,000 each to boost their respective stakes in the business
Shares in oil recycling specialist Hydrodec (LON:HYR) have been given a lift by the share purchases made by management.
Led by Andrew ‘Bert’ Black, the gambling entrepreneur who owns 23% of the company, five directors waded in to purchase stock.
They each paid 11p a share, with Black acquiring £210,000-worth.
Chief executive Ian Smale and chairman and former Tory sports minister Lord Moynihan spent £50,000 each to boost their respective stakes in the business.
In the last five trading days, the share price has risen almost 15%.
Hydrodec has a ground-breaking refining technology that turns used oil found in transformers into a product of outstanding purity.
The struggle has been to transform this promise into tangible investor returns – or, at the very least, cash flow and profits.
Under Smale and his team this corner seems to have been rounded.
The company is on the cusp of profitability and thanks to a £24mln placing and open offer, it is also debt-free, removing a huge millstone from around the neck of the business.
Meanwhile, the £4.65mln acquisition of OSS Group has taken the group from a specialist transformer oil refiner into the much broader used oil market.
dreamcatcher
- 16 Jun 2014 17:27
- 108 of 112
10/06/2014 BUY Gillian Leates NED 90,909
10/06/2014 BUY Mark McNamara RES 90,909
10/06/2014 BUY Andrew Black NED 1,909,091
10/06/2014 BUY Ian Smale CEO 454,545
10/06/2014 BUY Alan Carruthers NED 454,545
10/06/2014 BUY Mark McNamara RES 90,909
10/06/2014 BUY Andrew Black NED 1,909,091
10/06/2014 BUY Ian Smale CEO 454,545
10/06/2014 BUY Alan Carruthers NED 454,545
js8106455 - 19 Jan 2015 17:23 - 109 of 112
js8106455 - 01 May 2015 11:05 - 110 of 112
LGriffith - 02 Jul 2015 12:44 - 111 of 112
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