Market's view on Hardide
Published on April 2024
- There are comments about the stock’s recent performance, noting both upward and downward movements, with particular mention of it flatlining or having minimal trading volume.
- Concerns are raised about the company’s ongoing issues, including significant shareholders reducing their stakes and overall dissatisfaction with the company’s performance.
- The company, Hardide plc, anticipates lower revenues for the first half of the financial year compared to the previous year, attributing this to reduced inventory holdings by some customers, though they expect improvements in the second half.
- Stock watchers discuss the potential of the company’s technology, but note that it has not been widely adopted on an industrial scale.
- The interim CEO’s enthusiasm is met with skepticism, with calls for more focus on financial performance rather than product development.
- Discussions reveal some optimism, with expectations of an increase in the stock price and feedback on recent positive stock movements.
- There’s a mention of financial actions, like a recent capital raise aimed at supporting the company’s strategy and achieving an EBITDA positive performance.
- Information about a specific shareholder, CANACCORD GENUITY GROUP INC, reducing their holding in the company is shared.
- There’s a brief mention of a minor financial detail, noting a small amount of cash on hand which is humorously compared to the cost of parking in Knightsbridge.