Member Info for LionelGreen

Conditional placing: http://www.investegate.co.uk/hardide-plc/rns/conditional-placing-to-raise--2-7-million/201407220700179269M/ Airbus test programme update: http://www.investegate.co.uk/hardide-plc/rns/airbus-test-programme-update/201407220700199267M/

After the trickle of sales over the last few days, which has led to a gentle retreat of the share price, two big buys this afternoon (1,000,000 and 500,000) which went through at only 2p. Looks to me like someone is building their position?

Is this likely to be a selling of the shares from the loan conversion? We need some good news! When are those Airbus results due?!!!

That's 0.45p Ragamuffin

With 22 million new shares from the convertible loan notes that should have started trading yesterday, there was no sign of selling during the day. On the contrary, 1.8 million were bought at the end of trading at 2.31-2.35. The sp seems to be holding nicely. Any thoughts on Friday's trades, roscodagama?

Thanks, Niky, I suppose that's correct, although it seems that some new development must have prompted this renewed interest in buying. Also, do we conclude that since the recent loan note conversion hasn't resulted in a share surplus, whoever converted must be holding on to the stock? All points to positive development, IMO.

...any thoughts as to the reasons behind today's rise?

http://www.engineeringcapacity.com/news101/sector-news/energy/better-coating-service

Good spots Niky; I liked the "volume orders for parts for a new type of airport 3D X-ray baggage scanning machine that has now gone into production with a global manufacturer". And amused by the CEO's comments: quote “We’re just scratching the surface,” he said, before realising that was probably not the best phrase for a surface coating technology firm to use.

Agreed, Trevally... In the Board's shoes, I might also have wanted to calm the present euphoria, stoked by the IC tip and the recent big purchases, and ensure that the share price reflects the actual approvals, and the real contracts won, however optimistic they might be feeling about the future. So I'm happily going to wait (patiently) for the results from Airbus etc...

http://www.investegate.co.uk/hardide-plc/rns/trading-update/201404300700398273F/ quote: "We are pleased to see that the first half of this year is trading comfortably ahead of the previous half year with turnover from the major customer gradually returning to more normal levels. Customer diversification is progressing well with the number of new accounts increasing from 38 to 50 since the previous year end." quote: "The Company has a number of testing programmes currently underway across a range of existing and new industry sectors. The aerospace programmes with Airbus and AgustaWestland continue to progress well with further news expected soon. The investment in business development in Germany has resulted in trials with several major German companies in the pump and valve and plastic extrusion industries."

Sounds good to me, Triumphbiker. Any idea when results are likely to be made public? Safe riding... LionelG

"...on the verge of some huge opportunities..." http://www.proactiveinvestors.co.uk/companies/stocktube/2705/hardide-on-the-verge-of-some-huge-opportunities--2705.html

RRJ: I'd missed the possibility of doing it online (too late now for me!). Let's hope these comments are useful for others. It feels good to have them tucked away in an ISA, I was getting quite nervous about all that CGT I'd have to fork out once the SP rockets. I couldn't make sense of where or if my "Bed & ISA" appeared on the trades, perhaps they just did not show up. Nice, gently, solid move up today, I thought. Lionel

Probably many on this ShareShat are wily old investors, perhaps some are less knowledgable, so let me pass on this tip. Since last year ISAs can hold AIM stocks, and ISAs are free of CGT. I just moved some HDD held outside my ISA into my ISA. To do this you have to sell and buy back, but you don't have to incur the big spread (=loss) quoted by the Market Makers... a good broker can speak nicely to a good MM (I think this is how it works), and since there is no risk for the MM, they can do the switch at a fixed share price (sell price=buy price), and just charge a (smallish) fixed price, £50 or so in my case, to do the deal. For those of looking for a big rise in the SP, this could be worth considering...

RRJ, Very interesting spot yesterday, thanks for posting. I imagine if the final test results are positive, it will be party time... regards Lionel

RRJ: well, I picked up 850k @1.85, which seems to be the difference between those two big numbers at 13:40. I can't figure out the exact relation of the numbers shown in the trades to my buy, though.

Well, I picked up a few more yesterday, and they don't seem to have appeared on this "Share Trades" page. Do all trades appear here eventually, does anyone know? I got the distinct impression that there are not too many shares in the hands of the Market Makers at the moment.

... any reason that I've missed for the retreat of the SP?