Ben Richardson, CEO at SulNOx, confident they can cost-effectively decarbonise commercial shipping. Watch the video here.
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EITHER WAY STILL LOOKING GOOD HERE. AT LAST MOMENTUM FORWARD. STILL DOWN BUT POSITIVE THAT WE WILL SOON BE 2.5p + AFTER YEAR END ACCOUNTS PUBLISHED EARLY MAY
pricing. Jumped up on relatively small volume, unless the supply is drying up, or some orders are yet to show up. I thought the last update mentioned an RNS due end of April but maybe that was beginning of May.
Yr end figures due May. Hopefully RNS due re USA growth
Whenis the nest update. Its usually mid April its past that now. Thanks.
Lol not sure about twitter but a few have reared their heads over on SDX. It will be time for me to sell SDX soon I think.
Could be but we've had similar just before an RNS. Are the usual crowd ramping on twitter? Buy into the rise on speculation, then sell on RNS, or by it's proper name, the ubiquitous pump and dump. There hasn't been that on here, so maybe this time it's longer term pi's.
12.9% up certainly indicates more than pi’s buying. I’m guessing someone’s got wind of some good news.
good buys this morning, speculating on the upcoming RNS. WTI is taking another shot at $70, despite Trumps intervention. I think I said last year that 2018 might see a sudden uptick in crude prices, there's certainly enough going on in the world, and strength of demand, to ignore said interventions. I read an interesting article about the acceleration of buses and goods vehicles, especially in China, being converted to electric. The knock on effect will be less demand for diesel. I don't know the exact interplay but heavy distillates and the secondary market competition, keep feedstock prices high... I wonder if there were to be a significant drop in diesel use, whether that would ease feedstock availability and therefore prices. Even if so, it's not a short term effect.
I wonder what happened to the possibility that the HYR process could be applied to the Hydraulics market. A long while back now, I believe there was talk of it, probably got sidelined with the Japan, and then the UK projects. With all efforts now going into increasing cash generation on current operations, I imagine there is no flexibility to actively pursue expensive blue sky thinking.
Tried posting yesterday but the site was unreachable my end. Looking back, if I'm not reading it wrong, there has been a differentials for at least 10 years. I'm guessing if it hasn't been used to date, and it's not chemically unsuitable, maybe it's logistically so.
also venuzula oil is much cheaper ,but access must be near impossible. in any case maybe someone should mention it to the board, they might know about it. but worth a shout
Hmm that's a very interesting thought. Priced lower than No2 oil (which stays stubbornly high), another benchmark relevant to Hydrodec. Chemically speaking WCS has high bitumen, meaning higher concentrations of cycloparaffin/TAN, like naphthenic baseoil. It is mixed with additives/synths to get it to flow down the pipe, what they are, I'm not familiar with. In short, I don't really know whether it can be applied to HYR process. The Canadian oil business is having some longer term problems, which I guess is why there is a price differential, at least for WCS (rather than Canadian Sweet). Certainly would be advantageous if it could form an alternate feedstock.
cant they address the supply side buy buying western Canadian select trading at 50.72 just a thought
Within touching distance, unless there is a major change, I'm pretty sure this technical will break sooner rather than later. We're now waiting for the possible disruption caused by the renewal or not, of the Iranian deal. If sanctions restart, the price will spike up, with converse being true, although I still think there is enough geopolitical/economic data that says 2018 will have firm crude prices. The years following are less clear. At current levels you may find shale drillers look to lock in future prices with hedges, and ramp up production. Hopefully they will have learned some measured restraint. Trade wars, high levels of debt, and worsening conditions in Germany may start to dampen global economic activity. I believe prices for naphthenic have been fairly steady, with a good demand/supply balance but we could do with another round of price increases.
I actually saw a Slicker mouse mat in a local hardware store the other week! Don’t forget, HYR do have a stake of 10%, I believe in slicker and ofc Mr Black has invested in both companies so I see no reason why the two companies would not help each other out. As for oil price, I think it’s about 6 months delay for the prices to match up.
We're heading towards $70 WTI, even so it might take a good while before that becomes the average but I wonder how this will translate medium term to Hydrodec. As I've said before, it's not as straightforward as saying, higher crude automatically equates to higher margins, not least of which is feedstock constraints but longer periods of higher crude, tends to step change buying/investment. Certainly a better case for the international licensing model. Although we haven't heard anything regarding whether slicker oil is carrying forward the idea of a new UK re-refining plant... I'd find it unlikely if it does ever happen, that Hydrodec would not be called upon to assist in some manner, given their expertise.
I think-hope-1p is to much of a drop, can only see this higger in the coming weeks...
You have been involved with this share for quite some time. I read the rns and I too think although it is a blow to loose a valued member of the board hopefully the company has progressed far enough now to continue without a backward step. Quite optimistic here and just holding for results.
Certainly less chatter now the share isn't being ramped to death. I for one am glad, as posts with useful info or discourse, don't quickly disappear under an avalanche of posts, essentially repeating the same words or pastes of RNS from years gone by.
All the best to Chris and I hope the family member recovers. Chris Ellis worked tirelessly for HYR and will be missed greatly I’m sure by everyone there. The RNS looked quite positive to me to be honest. Finances with A Black secured over the short term with no additional charges. News on the way which sounds positive. Chris being replaced by an experienced person who has a large interest in the company. Also Mike Preen back who also as far as I know has a large stake in the company too. Chart wise, it’s not a bad position for anyone to dip into now and I think there could be a nice bounce from this position. Still a huge risk imo but if things go ok, this is likely to be the bottom. Gla
Not much of a response on the forums for a man that did a great deal for the company. Wish him the very best and a speedy recovery for the person in question. Sometimes when they mention resigning due to family reasons, it's code for something else but in this case, they explicitly say sudden illness of a close family member. I'm sure if he had stayed he would've continued the good work but i hate to say this. You need an accountant running things during the turn around, once complete, the paradigm shifts.
“I look forward to updating our shareholders further in the coming weeks as we seek to pursue the opportunities to strengthen the Group's footprint, particularly in the US, and maximising the commercial potential of our world-class IP."
There will probably be a spike like last year. Remember the debt and the interest expense.
I'm looking forward to final results - last year 12th April. With reported profits and first year EBITDA positive, we should see the SP recovering. Thoughts anyone?
Long term (3-5 years), I see this hitting double digit, just as it was before the fire incident and oil crash....They have some unexploited large markets like India and China to conquer - the electricity demand and the resultant transformer oil demand would dwarf even the demand from continents like Africa or Europe, and would be more than what Hyr can supply at the moment......throw in the carbon credits revenue stream....and then when u read that the head of Blackstone saying that they would like to invest in those future businesses which contributes to societies and local communities, then I don't see why hyr cannot become part of green/society conscious based institutional funds.... DYOR