pharmaspecialist
21 Jun 2016
Re: Hanover Bidco offer As my previous post indicates you are right eddie. Hanover know a bargain when they see one and this is certainly a bargain price. They also know how to maximise the value of a company and I have invested in other companies run by Matthew Peacock. The management of Hydro and Hanover have correctly calculated that they can make more money for themselves by growing Hydro as a private company rather then sharing the spoils with the current shareholders. Great shame there are no other bidders as I am sure Hanover would pay more if necessary.
eddie1851
20 Jun 2016
Hanover Bidco offer Board very quiet on this announcement does no one feel that this is an offer which undervalues the company by quite a margin.I always feel suspicious when loan notes are offered.How would Hanover B.fare if someone else entered the fray and raised the stakes.More comments would be welcome.
pharmaspecialist
21 May 2016
Possible offer for company I sincerely hope that the company would not consider an offer at anywhere near the current share price. Looking at the growth, p/e, balance sheet and the expanding flood prevention sector, Hydro should surely be worth at least 50% more than the current share price to an acquirer. My personal preference would be for Hanover to go away and let Hydro's current shareholders enjoy the benefits of the company's growth.
mcescher
30 Mar 2016
Solid dividend player with healthy balance sheet. From this excellent report on Hydro International [link]
pharmaspecialist
01 Mar 2016
Hydro-Logic acquisition Another acquisition announced today, this time it's Hydro-Logic. Like the last acquisition, the company has failed to say whether this is likely to be accretive to earnings or even whether Hydro-Logic was profit making. It might be a brilliant acquisition or it might be an awful one but without a bit more financial information how are shareholders possibly meant to know?
dazedandconfused
28 Jan 2016
nice jumps in price this month ?any reason..apart from more flooding and SuDS guidance becoming (more) mandatory?
pharmaspecialist
06 Jan 2016
Re: Tackling the flooding? I came across this company just after the market closed before Christmas so could not buy and plan to wait now as it is not a high profile company and the share price might fall back a little after the furore over the Christmas flooding is forgotten by investors, though I may be wrong about this if bigger investors get involved. The problem I have with this company is the lack of a meaningful stake by management/directors, in fact they appear to own hardly any shares at all which I take as a vote of no confidence. Sheila Lamb, a former director, appears to have a stake of about £2M but as far as I am aware she is not currently a director. In contrast the salary of CEO Ian Jennings in 2014 of £205,000 (now £220,00) and total renumeration of £362,000 looks quite generous when compared to the company's net profit of £980,000 in 2014. Bearing in mind that the company is well established in its niche has a high level of technical expertise, the profit margins are unimpressive and the ROCE, which has been between 9 and 15% over the past few years, is nothing special. Perhaps a weakness of the company is that relatively little of the company's revenues are recurring over a long period. As I am a long term investor, I look out for these kind of fundamental qualities which make a company attractive and Hydro International is unexceptional in this respect. However, if I see a big director/management stake being accumulated than I will join them.
thirty fifty twenty
06 Jan 2016
Re: Tackling the flooding? Hi AI think HYD was highlighted by a well respected on line poster,which brought some new investors on board.The shares are tightly held so this caused sharp price mvt.that said, points that were highlighted were - long term steady track record and dividend- new dynamic mgt team being pro - active as u say- yes climate change provide good sales opportunitiesmy own view is that 50% of sales are in US and profit estimates are likely to be raised due to falling GBP/US FX rate.All IMHO, DYOR and BoLHYD is in my portfolio
Ambiorix1
06 Jan 2016
Tackling the flooding? Watching the share-price's rise over the last few days, it looks ot me as if investors seem to hope that even if David Cameron is achieving only half of what he promised to tackle flooding in several regions of the UK, there could be some contracts granted to HYDRO in order to fulfil these promises. It even seems logical to me Hydro's management should be pro-active and put it ‘self on the forefront by suggesting solutions for this recurring and devastating problem. After years of stagnation this could or should be Hydro's bumper-year or am I too hopefull too.Ambiorix.
thirty fifty twenty
24 Dec 2015
at 133p new acquisition nice to see HYD taking an active business development action.of course with the details we have no idea as to the commercial benefits,but reading between the lines it seems a fair price to pay given that the price is flexed to actual sales and we need to trust mgt that they know the products in their industry.There is a good mgt team here , in a growth industry, and a few more of these sorts of in-fill deals would start to give HYD some momentum.All IMHO, DYOR + BoLHYD is in my portfolio
II Editor
16 Aug 2015
NEW ARTICLE: Trends and Targets for 17/08/2015 " HYDRO International PLC. (LSE:HYD) is part of the Industrial Engineering Sector (Posh name, FTSE:NMX2750) and near term, we're not entirely expecting fireworks, Currently at 8145, the sector as a whole is seen as weakening to 7700 which ..."[link]
