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More nibbles. The online spread 6.15-6.95p shocking, seems to be every penny stock atm wide spreads killing off the action
Well they piled in on the update at 7.5p and days later it was 5p bid on a distressed seller so now it's bouncing hard on low volumes which is how it works in this illiquid stock. I added 35000 earlier 5.99p. Did well out of this years ago 4p to 30p+, other stocks have took off on recovery hopes and this has fallen so could be a flyer if seller is out
Worth a punt at this price.
Positive update, funny how one stock says similar and rises 50% and another does the same and has no rise at all.
Director buying would be helpful
Fascinating stuff Troajan !
Agm
https://www.lse.co.uk/rns/PIP/result-of-agm-frjj0ggcc3cnom1.html
Thanks Darton , nicely laid out . Frankly I sold out at 22p which was just about where I bought in .
I have followed this share for about twenty years , even tried to get an agency once but it never seems
to earn regularly for long . .
this company took 6m in revenue, which cost £9m to generate. meanwhile the debt to gordon watt increases as he bleeds the thing dry - currently owed £1.8m, not to mention a further £1m in convertibles. almost the entire market cap is owed to gordon watt!
to put this another way, for your 8p buy in here, you can lose 6p per share in losses over a given year, plus 2/3 of that 6p you owe to gordon. he can also half your 6p when he converts the loan (or delists it). if you read the rns's the reasons for this range from boris johnson, the ukraine invasion and of co**** covid. he might be right to blame some of this on the economy, but reading many other companies reports, they seem to have managed. could it perhaps be the systematic approach to burdening the company with so much debt to him that is really the problem here. its basically un investable.
Oh dear ! or is it cheap?
What's happening with the QM Systems home heating project ?
Contract award followed by a 25 % drop in the share price .
I see !
Https://www.londonstockexchange.com/news-article/PIP/contract-award/15987827
Contract award to assemble a manufacturing and test facility
draft , it seems your right !
So quiet !
Well maybe subsidies , loans , grants and write offs will help ?
wont be able to afford heat pumps and EVs, thats the real fact.
ffs always thought this would do well but there was always risk of stupid placing which bizarrely has never come
I bought at 4p and sold at 17p - and I grumble at bit.!!
I bought at 5p and sold at 10p, cant grumble, but think I might !
this 10 bagged from 3p - anyone still held all the way from 3p
Tweet from Pipehawk's partner Ventive , perhaps the doubters will take things seriously now how exciting things are for Pip and considering they are a profitable business too
"we're excited to be at @FuturebuildNow over the next 3 days. Visit us on stand K34 to find out more about our first-of-a-kind integrated & intelligent home #heating & ventilation system. @ventive_rob, our MD, is speaking on the #innovation Stage tomorrow at 10:15am."
Tiddler being talked up by professional rampers on forums-maybe right and there has been a new building but longstanding Chairman and cash flow required might bring a dose of reality. Good luck and I hope I'm wrong.
Amazing stock !
Yes, love it that way, price could jump quite a bit when more widely known