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Been in from the start here too and I would also like to top up my holding, sitting on 175,000 currently spread across ISA and pension investments and think this is a business with a great future and management seem to be getting all the fundamentals in place
TT reading the comments about the new facility in Bicester I would expect to see some improvement in productivity which may well help increase the revenue per reactor number - it appears that bottlenecks occur around the current factory and are not just linked to the constraints in the reactors themselves - this may help us increase revenues and fund the new pipeline of reactors we will hopefully need!
All good news again but still frustratingly slow progress and i think we will have to wait for the relocation to reach any inflection point but am here for the long term! ;o))
Forum friendly version of the link here
http://bit.ly/358ubeT
More very positive news and at last the pace of development and change seems to be picking up and must be further decent orders in the pipeline too! The extra capacity grows the real potential too and not just the "promise" of delivering growth...
Yet another dilution but one that will be matched by significant increase in nett asset value and production capacity - the share consolidation takes us out of penny share territory too - overall I am pretty happy that this announcement marks the real start of the change into a much bigger business withsignificantly larger orders coming through and to be announced I suspect!
Not sure I understand the difference either although this could be perceived as management not having the appetite to deliver long term growth and profits?
Some other interesting points in the presentation though;
Airbus multiple components at final pre-production stage
Oil & Gas - 2 major new contracts in place
High volume components added from the pump customer
New and important patent pending for turbine blades in a market they describe as 'huge'
Still a long term hold for me....
Looks like we are nearly there - the most positive upbeat statement I have seen since investing in Hardide at the initial flotation
Would have been great to make a profit but that now looks close and on an increasing scale - I will be holding my stake close over the coming year or 2 ??
Lionel I share your frustration at the constant dilution that has taken place for existing shareholders and having held a large stake for several years its been a long long wait to commercialise Hardide. However the good news in this release is the winning of new sizeable key accounts with long term prospects for the company as well as expected utilisation of the existing production assets being increased towards capacity in 2018. Still no news on aerospace contracts but these must be coming and this is a nice step forward for the company in the meantime... dont give up!
Frustrating time as we run through the summer season but its getting to a price where I will be looking to buy again! Plenty of upside from here even in the short term as the next decent announcement is going to see the SP back through 2p and doubt we will be back at current levels again ever...