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This should do 100% on this news
Being played, 10p will still only give mcap of under 3mill.
up now. Low mcap. Good sales RNS out.
Ca 6million sales per year with mcap of ca1million. Just a tad undervalued imo, Halifax constantly going to NT. Grrrrrrr
all for a �1m mcap? Nice.
trading update, following the release of its Interim Results on 23 March 2018. In the Chairman�s Statement accompanying the Interim Results it was stated that there were a number of significant contracts, with QM Systems, awaiting award over the next 4-6 weeks. The Company is pleased to announce that four such orders have now been received with contract values in the range of �150,000 - �500,000 and that total orders received by QM Systems since the announcement of the Interim Results on 23 March 2018 amount to �1,152,000. As a result, the total orders received by QM Systems in the four months to 30 April 2018 was �1.9 million. In addition, the enquiry pipeline remains strong and the Directors remain confident that the buoyant order intake will be maintained throughout the remainder of this financial year. Gordon Watt, Chairman of PipeHawk, stated �Businesses are increasingly realising the significant advantages that QM Systems� one stop shop approach to no-fault-forward automation provides in terms of productivity, efficiency and reliability�.
I am not going to post here again. All the Best and goodluck.
I have NO inside info, I am merely a researcher for myself. If anything you sound extremely negative and disgruntled. I If you have a problem with PIP then you should phone Gordon.
That article is from an independent website.
They think Gordon is fairly compensated. Is PIP�s CEO overpaid relative to the market? Despite the fact that one size does not fit all, as compensation should account for specific factors of the company and market, we can determine a high-level thresold to see if PIP deviates substantially from its peers. This outcome can help direct shareholders to ask the right question about Watt�s incentive alignment. Normally, a UK small-cap is worth around �696M, generates earnings of �67M, and remunerates its CEO at roughly �1M annually. Accounting for the size of PIP in terms of market cap, as well as its performance, using earnings as a proxy, it appears that Watt is paid on a similar level to other UK CEOs of small-caps, on average. This indicates that Watt�s pay is fair.
Piphawk silver sponsor at No dig Poland. https://www.trenchlessinternational.com/2017/08/15/pipehawk-releases-e-safepro/
you sure do spin a yarn
So a peculiar year is what is quoted. Like London buses, the pipeline waits for the awarding of contracts to come in and after a long period of waiting, they all come at once. Next 6 weeks look very important to realising full potential. Last year disappointing, looking forward see,s to be positive both in how its started and how it will develop.At least it is this way around and the SP should go in the right direction.
Since the year's end the division has seen contract wins in Northern Ireland, Scotland, and the north of England with the current order book indicating the business will continue to grow at a sustainable level, Pipehawk said.
these guys dont have huge costs and the Thomson acq could send revenue here up to �6.5mill provided rest of pips business went well. from �1mill mcap....
recently
you call gordon recently?
wonder what it will say
yes made a mistake there. looks like the original announcement of the H&M contract was in 2016.
http://www.filtsep.com/transport/news/mannhummel-announces-preliminary-sales-for-2017/ 31 January 2018 date. You would hope given M&H are doing well, they might put more business Pipehawks way.
It says 2017.
Quote from 2016 draft. I dont see the relevance
Got a link for that draft?
Mann+Hummel Group has met its own forecast with preliminary sales of Euro3.9 billion in 2017. The filter company says that it intends to further strengthen its competitiveness with acquisitions to open up new markets and through measures to increase efficiency. �This year we will continue to drive forward the realignment of the company,� said Alfred Weber, CEO and chairman of the Mann+Hummel management board. �In addition to the automotive and industrial business, we will increase our impact in the newly created Life Sciences & Environment division. In the coming years, we will be able to position ourselves even more broadly in the attractive filtration market.� As part of its realignment, Mann+Hummel is working on alternative drives, sustainability and digitalization. In January 2018, Mann+Hummel presented its range of digital products and innovative services for the first time at the consumer electronics show CES 2018 in Las Vegas, USA. Mann+Hummel was named a CES 2018 Innovation Awards Honoree for its Senzit digital air filter monitor. PipeHawk plc (LON:PIPE) shares gained advanced on Wednesday as its subsidiary QM Systems successfully completed its first large scale project for Mann and Hummel, and secured further work worth �400,000. A new partnership has now been agreed between QM and the customer, Pipehawk said. QM will now provide Mann and Hummel with production and test equipment for the foreseeable future, it added. �This is fantastic news in the continued development of QM Systems business model,� said Gordon Watt, Pipehawk chairman. �We take nothing for granted and we are honoured to be chosen by Mann and Hummel as their partner of choice. �We work tirelessly to provide our clients with the best possible service and experience, we are extremely confident that Mann and Hummel will continue to be fully satisfied with the service that QM Systems provides as this partnership develops�.
I think it will take me a lot of time to read your posts so bear with me!