indibay
05 Jan 2016
turn the lights off had it in mind that it would go under three pence...i did email company but they couldnt be bothered to post an update on the state of the company. the end must be in sight so i wish you all the best iwould like to know just who was responsible for the loss of the small shareholders assets but i dont suppose the truth will be told..this is not the first time that human failings have cost me dearly over my investing lifetime although i have tried to avoid to avoid . after the debacle of brent walker many years ago i kept a list of all directors who played fast and easy with the affairs of the company that i had funds in on the understanding that when they went to another job i would not invest ,or would pull out of the company. such a safeguard has kept me reasonably safe over the years along with a money management set of rules which i must confess in hyd i let slip. so there it is i am mostly to blame. i wish you all the best for the future. .....turning the lights off.....indibay
thrift07
22 Dec 2015
Unbelievable The company had everything going for it. Supportive long term shareholders, a ready bank in Bert Black who has provided long term and short term capital and a great product. What on earth happened. The fire was unlucky but the planning of rebuilding was a poor decision. The plant should have been up and running within 6 months. Instead it was decided to build a state it the art utility. Fine if you had other factories to take up the slack. Leaving a company on its back for almost 2 years was an appalling miscalculation. The CEO has to take blame and has left. It was like a wonderful project made for BP but HYR is no BP. Smacks of academic tendencies. Oil price. Who knows but hasn't helped. I'm sure everyone has worked so hard and it's a great shame. No great deals have been pulled off. I remember projects in Japan, Canada etc where there are huge stockpiles of PCB. But nothing. HYR is no longer a junior start up. It's been around 10 years and not produced cash. Start ups are hammered as soon as threre is a whiff of no revenue and cash call required. HYR has a huge track record of cars calls! Only conclusion I can come to is that there is no bottom price. The company will I assume be bought up for a couple of pence. It's easy to take such a hard view as I'm not reinvested but I had every intention over the past 13 months. I remember the heady days and excitement of buying the UK operation. But there is no way back. Grand designs on Merseyside are a pipe dream for such an under capitalised company. Good luck. And I mean that.
indibay
19 Dec 2015
Re: Director buys i e mailed the company late on thursday to ask for them to comment on the situation,high officers going and total collapse of share price,but i dont think small shareholders have much ,if any,clout in these situations .like you callun can only bite the bullet and wait.its a bit to late to get out now so put it to one side and enjoy the holiday
Callun
17 Dec 2015
Re: Director buys From being one of my best hopeful shares HYR has fallen into the basket case category with a potential for significant losses. Can it go to 3p? I once thought the SP would return to 30p, but 2 years of persistent decline now makes me believe I should have left the zero off. Yes is my answer. All of the fine sounding history in the executives' CVs count for nothing if they can't sort out the problems. Hugely disappointed.Callun
indibay
16 Dec 2015
Re: Director buys at this rate of decline i can bring my average cost down to just a few pence a share ,,but that would be madness. does anyone think it will drop to three pence or less. just to think,i bought the good news stories for six years and i ignored the .principals of good cash management. its going to be a hard knock
thrift07
07 Dec 2015
Director buys RNS flashed up that Lord Moynihan bought 370k at 4.25p. It's a quandary this. Why purchase £12k worth. Its piddling. Not as if it's from his earned salary. But hats off to him. Does this give a sign. Well at least he's done something as has Black. But somehow I feel the head wind is still against HYR. when things go badly you have rotten luck. No buyers and that's the only way the price will go up. I'll keep watching for now.
thrift07
02 Dec 2015
Sellers Sorry to say but looking at the price action this looks like a classic case of shorting. Simple fact more sellers and probably looking to ruin the price totally.
thrift07
02 Dec 2015
Funding No reason other than new placement of shares. It seems they may not have enough working capital? This has been 2 years to get back up and running since the unfortunate fire. That's along time. On the plus side the US operation is much better. But perhaps the UK operation is having problems. The company has lots of debt and convertible instruments dud to Mr Black. He may as well buy it and take it private? Any way not getting back in again as a shareholder at the moment.
indibay
02 Dec 2015
why we are told canton is now running on all six trains ,that all is well.it allso seems mr black has put another huge amount up for further loans,so everything should be well. share price falls to its LOWEST PRICE EVER. 4.75, is there something we dont know.
indibay
10 Nov 2015
Re: hiya ,end of summer hold on,ches have increased divi for sixth year in a row,,as your divis come in so your risk goes down dont know old you are but in not so many years you will be on free money for the rest of your life. now you know why i get so savage over this company which after so many years are still fumbling along. do they really need an incentive scheme to bring it to some kind of reward. i suppose i should revise my thoughts on the incentive,,,hmmmmm m perhaps if it could be held up to as much as seven pence.keep in touch. ps.. got some in amlin but thats a bid...have a look at lancashire holdings. another sweet divi
stratty
04 Nov 2015
Re: hiya ,end of summer good luck with Chesnara. Gave me a good ride up from £1.80, and dividend to boot.
indibay
04 Nov 2015
hiya ,end of summer here as promised, lets see,wasnt doing so well last visit and ooops now at year low. sorry to be a misery but i would like to show a return on my dosh and it aint happening.perhaps the incentive scheme could be adjusted, getting the price up to ( lets be ambitious here ) up to 7 even 8 pence would put me in a happy place.well before the wrath of the posters falls about me ime off to amlin,isg,chesnara,, happy days will drop in again in march, have a good christmas
green.as1953
21 Oct 2015
RNS Andrew Black showing his confidence in HYR.
fred carno
20 Aug 2015
Re: Todays RNS As a retired chemical engineer I read this as a good sign that they are not cutting corners for production at any cost. Safety and reliability are the keys to future long term production and hence revenue.Hopefully, the extra costs are down to the contractors. I assume that unprocessed feedstock is not lost but is being stored so minimal cost/loss for the company in the long run.I also approve of the statement added at the end of the notice that we will be in the black by year end, this should reduce any negative effect on the share value. As you say, definite hold for me too.Fred.
green.as1953
20 Aug 2015
Todays RNS Bit annoying there is a more work required to get Canton firing on all cylinders but best to get it sorted now than have more problems at a later date.Roll on 23/9 for further production update.Happy to hold and maybe add depending on my other investments.
