Hardide Live Discussion

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theprior 11 Dec 2017

Results Fantastic set of numbers today.Brilliant recovery, now on track for profitability with healthy revenue and excellent marginsTP (Quietly building my stake)(ii still not quite got the site sorted so can’t put “BUY” flag)

theprior 06 Nov 2017

Stirring The sp seems, at last, to be stirring from its slumber. I detect a resurgence in interest in HDD following recent developments and snippets of news.I note also that the PoO has risen to $64 a barrel which is bound to help with the increase in oil industry activity, further justifying the recent raise which was to improve manufacturing facilities, particularly in the US.An order for our services from the aerospace industry would be the icing on the cake.Luck allTP

theprior 02 Nov 2017

Re: Interview Thanks, Nicky. So, results on 11 Dec. In line with expectations, 50% increase in revenue over previous year which I suppose reflects the increase in O&G activity following earlier lows. Production ramping up with additional roasters in the pipeline. On top of all that we’ve got the aerospace potential waiting in the wings.What’s not to like. If you don’t mind waiting a month or two this is bound to take off.Luck all.TP

nickylauda1 01 Nov 2017

Interview [link]

theprior 27 Oct 2017

Re: Placing Agreed. Shareholder participation would be preferable in every case but the placing is hardly discounted from recent prices. Usually you would see a much more heavily discounted price than this.Chances are you’ll get a chance to buy at 1.7 over the next few days.I’m fully loaded at a lower average so staying put where I am until the sp really takes off when those aerospace orders come flooding in )Good luckTP

Cmintball 27 Oct 2017

Re: Placing It may be good news but once again it shows that some shareholders are more equal than others. As I see it my holding is diluted without being given the opportunity to subscribe for new shares to support a company I have been invested in for 10 years.

theprior 27 Oct 2017

Placing Placing at 1.7p announced today. Not quite the news I was waiting for but on the plus side the proceeds are to be put to good use to expand the business. Equipment to be acquired to meet future orders.Placings not often viewed as good news but, in this case it’s a sensible move to position the company for onward progression as new orders come to fruition.TP

theprior 12 Oct 2017

Re: Press realease Another example of news not being RNSd. That’s two just in October. Sp still languishing sub 2p for what is a world class range of products.3 top ups today...HDD, SDX, and,ECHO.Luck all,TP

nickylauda1 12 Oct 2017

Press realease Press release: New HT/HP subsea valve coating collaborationAn international collaboration between Hardide Coatings and Master Flo Valve Inc (MFV) has developed a new solution to protect high temperature, high pressure (HT/HP) subsea choke valves.The valves are the first of their kind to feature the Hardide-T coating, which can be applied to choke valve stems so they can withstand temperatures up to 400°F and pressures of 20,000 psi.Canada-headquartered MFV found that alternative hard coatings previously applied to the stem assembly were not rated to sufficiently high temperatures. The challenge was to have a durable coating with a completely smooth finish to form a tight metal to metal seal.The two companies worked together to engineer a solution and develop a manufacturing process plan.Philip Kirkham, CEO of Hardide Coatings commented: “The subsea market is constantly evolving and we must react to the changes. Developments in coating technology for HT/HP applications were essential and we have worked with MFV to create the right solution for them. Its success has been demonstrated by qualification to all API requirements and deployment deepwater for a major oil and gas operator.“Hardide-T is one of our toughest coatings and has overcome a key challenge for MFV. It is used on two of their product lines and has the potential to expand into other subsea choke valve sizes and models with HT/HP requirements.”Hardide Coatings and MFV oversaw the manufacturing process and fine-tuned it to ensure specific surface finish and geometrical tolerance requirements were met.The coating has been applied to MFV’s P4-15K choke valve, which is rated from -20°F to 400°F and 15,000psi, and the P4-20K choke valve, which is rated to the same temperatures but a greater pressure of 20,000psi.They are typically installed on subsea production trees and are used for single/multi-phase production or water/chemical/gas injection. There is also an application for use on a capping stack, designed to be deployed in the event of a blow-out situation.

theprior 12 Oct 2017

Re: News From HDD website "Mail had a problem with abrasive wear on the deflector blades of its sorting machines in its mail centres throughout the UK. This was causing cost and safety concerns. We worked with Royal Mail over several months to develop and test a solution and Royal Mail expect to fit all their letter sorting machines in the UK with Hardide-coated deflector plates in time for Christmas 2017."Obviously not a big enough contract to warrant RNS but shows it's worth looking in on their site occasionally.TP

theprior 27 Sep 2017

Re: News Good news. Beefing up the aerospace team can only mean they're closer to those elusive contracts. Maybe even a precursor of a client singeing on the proverbial dotted.......Prepare for takeoff -///////TP

nickylauda1 27 Sep 2017

News [link]

Blanketstacker 22 Sep 2017

Re: Canaccord Canaccord have just taken on business from HL, so no money has changed hands here.

theprior 22 Sep 2017

Re: Canaccord Care to expand on your comment BS?

Blanketstacker 21 Sep 2017

Re: Canaccord Not really!

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