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?

I have had difficulty deciding whether to buy VTI or HYR. Last week I bought HYR but seeing the news on VTI, the orginal owner of Hydrodec and 38% shareholder of HYR, I bought into VTI today as well. Both these companies have a very good future.
Di

Very wise hedge Di - I am sure they are both interesting - hope to join you there soon. I did something similar with BFC and DOO - of course they're not related (yet!)

SD

found a fantastic water cleaning system, very competitive market and no copy protection. am interested in finding out more about the oil filter. what other technology is out there to achieve this? can anybody help?

Di, If you see this before you look at VTI thread, ditto. Need your thoughts, please.

SD

I know Shares mag has tipped this one recently, just wondered if they've had anything to say about VTI in the past?

HYR appears to have bottomed out at 16p last week and has now risen around 10% per day for the past 3 days. This is such a brilliant company that they deserve to have a much higher price. Someone knows something though...the buys are big and so some are coming up as sells because the price has moved up by the time they appear.

lovely two day chart

Chart does'nt look too good,but the sp has gone up a bit in the last two days on no news.I don't think they are worth much until they build more plants.The share has only been around for a few months.However,Fidelity is in,if I'm correct.
A great GREEN share,but the sp has doubled since January so the shorters are around the corner even if the possibilities are great....!!!!It is very difficult at the moment with the small caps and there seems to be an allergy to anything that smacks of engineering.Big brother Virotec seems more resilient.Hard to know what to do with such a young stock.

must be due some news of the new plant,sept i believe,should regain respect, hyr pr is rarther dismal, maybe a website soon

Some news previous but not posted here:

RNS Number:5517V
HydroDec Group plc
13 December 2005
Hydrodec Group plc ("the Company" or "Hydrodec")

The Company provides the following update to the market:

Construction of the previously announced 20,000 litre a day plant continues on
budget and on schedule and will be operational in the first quarter 2006. The
company is targeting a number of power companies in Australia to ensure that
once the plant is operational, Hydrodec will be able to utilise at least half of
its capacity by the end of the third quarter in 2006 and full capacity in 2007.

The Company has also committed to the construction of a new facility, at its
Young site in Australia, that will enable it to treat PCB and non-PCB
contaminated hardware, such as transformers, from the power industry. This
plant is expected to be operational by the end of the second quarter in 2006,
with an initial contract of ca. #100,000 already in place.
>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>

The Guardian 21st Feb 06

Hydrodec Group, which has developed a process to treat contaminated oil, improved 1p to 30.75p amid talk of a refining joint venture in the US.
http://business.guardian.co.uk/story/0,,1714199,00.html

And finally a new contract for Hydrodec ..I haven't seen an RNS about it yet though..

http://tinyurl.com/jek74

Looking very good now :-)

No spare funds!!!!! g'luck with this one, Di.

im in this one from march 05 30p on a small profit now,went up yesterday on some big buy oVer million each,there new factory opening Very soon . would this be a bagger by christmas.

Thanks SD...I just wish I had bought some more last year when it dipped. never mind mustn't be greedy.
Di

Hyr's new plant comes on line in sept. This will increase capacity by 5x I can onlky see this share going up as potential demand for their technology in our polluted world is huge. DYOR etc
Di

HydroDec Group plc
15 March 2006



Hydrodec Group PLC ('the Company')


The Company has been notified that, following acquisitions, Fidelity
International Limited ('FIL') and its direct and indirect subsidiaries now hold
16,667,486 ordinary shares of 0.5p each in the capital of the Company,
representing approximately 9.33% of the Company's issued share capital. The
interests are non-beneficial and include interests held by unit trust schemes in
the UK and, by virtue of his shareholding in FIL, Mr Edward C. Johnson 3d.

Another good rise today from hyr...going from strength to strength recently...I'm 35% in profit at the mo and more to come I think :-)

So where would you guys expect these to be in 3, 6 & 9 months time then?

3 to six months 60ps providing new plant is opperational after that ?