Charles Jillings, CEO of Utilico, energized by strong economic momentum across Latin America. Watch the video here.
T/u on Oct 1st should reinforce positive progress as effect of Covid fades and volumes return. The market is focusing on slower upturn than should prove to be the case. Smith and Nephew is a quality dividend paying stock with operations in over 100 countries so should be able to maintain or increase margins as operations backlog eases and surgery ramps up. Should outperform in the near, medium and long terms having seriously lagged the market this year. Hopefully the balance will start to be repressed as institutions return an masse prior to the t/u. One way or another S&N should reward the patient.
Hardide now have 9 reactors total here and in USA. 4 standard in new Bicester site and 4 in Martinsville plus new large reactor in Bicester. The diversity and size of components being coated now is far greater than in 2018 when the CEO gave projections. The new factory is both far more efficient, greener and has increased cleaning throughput allowing quicker processing. The current turbine project with EDF should be progressing nicely towards real cash flow in 2022 and the 'exciting and fast moving' project with a large US battery manufacturer could be a game changer in many ways (big scale up/assimilation?). Ongoing work for Airbus and Lockheed F35 provide reactor throughput plus the increase in O&G activity should be feeding through the order cycle now. Given that overheads are almost set to process then any small increase in throughput has a dispropportionately large effect on the bottom line ie gearing is substantial. I look forward to a meaningful increase in profitability in the short-term and a positive RNS given the normally conservative nature of the BoD when announcements are made. The new site and it's whole range of green positive components make it a very good share to have in any environment conscious portfolio. A tuck away that could easily gap jump on news.
All the information you need to make an informed decision is available on or linked to the company official website and industries it servers. There are several key projects and scale-ups in process that could disproportionately affect the share price- especially now that the larger reactor has been commissioned. The key point is gearing here. Most costs are fixed and static regardless of volume so ANY volume increase feeds directly to the bottom line. There is significant work scheduled to make a difference if successful.
Someone's hoovering up 25k and 10k packages as they drop onto the market - tight spread now 27.2/28 so somethings afoot. Happy to sit tight and wait for a big gap jump on news. Gearing here is key. Few shares and small MCap with big potential.
Still time to DYOR. The click up on Friday is a fair indicator of initial movement imo and should start to climb nicely from here as Hardide's opportunities crystallize and the next RNS indicates just how much potential is turning to bottom line growth. High gearing means this can and should revert quickly.
56m shares and £16m MCap magnify any movement - so that's both high gearing and limited shares in circulation. Nice combo for a SOTA share with lots of irons in the fire. The spread is also really tight now in real terms with 27.03 sell and 27.99/28 buy. Nice tuckaway for news.
You've DYR, looked at prospects here and taken a holding.....now sit back, relax and wait for the next t/u or RNS on traction. New factory and lots of possibilities due to huge level of gearing that goes straight to the bottom line.
Probably based on the same sentiment shift analysis and prediction of momentum reversal. PRES was a difficult one indeed. Vianet and Aviva were easier as was TP when it went sub 4. It tends to be more productive when the amplitude and frequency of activity is pronounced. Research into the underlying credentials and product offering and strength are also highly relevant. That helps weed out the smoke and mirror shares.
From last year's finals
" Hardide has a strong and sustainable strategy and business model; and that financial performance will benefit from our very high operational gearing as revenues recover."
Looks very promising now as recovery escalates.
Just a matter of time now. Next RNS from any one of multiple projects in place will certainly not send this price lower......great innovative British company active in aerospace, green energy, battery tech and o&G. Others with sector exposure like this are flying whilst Hardide sits below the radar. What an opportunity with a measly £16m MCap and new fully funded SOTA production facility. Locked and loaded.
Alternative energy applications are a growing part of our business. The Hardide-T coating is helping to improve the manufacturing process of Li-ion batteries by reducing the wear of key components by a factor of up to 460x compared to stainless steel and improving battery efficiency by significantly cutting iron (Fe) contamination of graphite anode materials. Li-ion batteries are commonly used for electric vehicles as well as for military and aerospace applications.
Several applications have been identified already, just one being the exciting development with a large, US-based manufacturer of electric vehicles. Testing is progressing well and at a swift pace.
This could imminently light up the shares, taken from May interims-
Leonardo Helicopters has now resumed testing of a new transmission system containing Hardide-coated parts. Test results and final approval are now expected in August 2021.
Just loaded up but not showing as buy yet.
Next trading update due anytime should indicate traction here. New Bicester plant open, approved and running plus 'interesting' developments in application to green energy and battery tech with major players. Plus the usual aerospace and O&G. Bought in after watching the Bicester facility video and expected newsflow. Can't see much downside from here but upside given sector exposure looks 'considerable' imo.