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Started: davey50, 27 Mar 2024 09:40
Last post: davey50, 3 May 2024 10:52
Big buyer out of nowhere and trying to snaffle 300k in auction at 5.9p on a 5.5-7p monitor spread might get filled
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
Last post: Morserouter, 24 Dec 2023 07:23
Fascinating stuff Troajan !
Started: GoHigh, 6 Jun 2023 15:45
Last post: BitSub, 8 Dec 2023 07:38
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 !
Started: draft, 10 Mar 2022 07:54
Last post: Morserouter, 4 Sep 2022 09:12
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
Started: davey50, 1 Mar 2022 13:31
Last post: davey50, 1 Mar 2022 13:31
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."
Started: WhiteVanMan, 20 Feb 2022 17:48
Last post: WhiteVanMan, 20 Feb 2022 17:48
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.
Started: davey50, 19 Feb 2022 08:34
Last post: BitSub, 20 Feb 2022 07:42
Amazing stock !
Yes, love it that way, price could jump quite a bit when more widely known
You scroll to just the second page of chat here and you get a low price of 5.75p. Stocks on the LSE rise 10% and have 1000 posts. This stock has done 400/500% and has less than 50 posts.
Started: davey50, 1 Feb 2022 19:34
Last post: davey50, 1 Feb 2022 19:34
I reckon the persistent seller of 50k's today must have been him and why not. They are from donkeys ago and if you deliver you get rewarded so paying 3p and selling for 25-26-27p in 50k blocks well done. Now just think how high this would have went without him feeding the market and where it will go when he stops. I think he has sold his quota already.
Started: Hydrus, 1 Feb 2022 12:09
Last post: Hydrus, 1 Feb 2022 12:09
For those interested please see my thoughts
https://twitter.com/2020Hydrus/status/1488472419450957828?s=20&t=URyiyICSb6YMg78SIBpmRg
Started: Good2bhere, 21 Jan 2022 14:09
Last post: BitSub, 30 Jan 2022 08:02
davey 50 Interesting - thanks for that.
The clues are there. I've seen "green energy stocks" with market caps way above this and they do not have a business making a lot of profit thrown in. Another hint was dropped by Ventive on twitter yesterday. So they and QM develop the product (heat pump) and have the technology and facilities to make it now. If they secure government contracts for a affordable heat pump then this is going to explode again. Remember the profit jump is going to be spectacular this year. Interims in March and in a steady good year like pre covid they made £111k. Now remember QM Systems made £350k in just one quarter so them and all the other business weighing we could get a massive shock like a 10 fold increase. Obviously those who look at the accounts will see the company is continually supported by Gordon Watt so you ask is a placing coming, well he's done one little placing since 2007 I checked so clearly he's not a dilutive kind of guy like so many penny stocks that do it for fun, perhaps cash will flow into the business soon with all these deals and profits and rapidly improve the balance sheet. Exciting times and £6.83 mil market cap. I've seen engineering stocks come really good over time. I used to look at Macfarlane Group at 10p, they are now 123p. It's not impossible for Pip to 5 bag or 10 bag from here. If they are growing rapidly and profits are increasing the same too then the rating shoots up too. Right now PIP stands on a "we do not believe it" rating but lets see what those interims say
https://www.imperial.ac.uk/news/233420/heat-pump-roll-out-must-urgent-home/
Sounds great davey , I had some contact with PIp about 20 years ago , as you say , they always seemed to just bumble along since then.
Companies do change but I wonder are there any serious competitors that can also jump in or are PIP way ahead ?
That is correct. Nearly 2 decades are going nowhere supported by their boss and it's all about to change. There's always a chance they could do a placing to raise cash but GW is not a placing/dilution guy. There's only been one placing in 15 years and that was small. This year the money should roll in and the balance sheet start to improve. I think there is going to be at least a 10 fold increase in average yearly profits of say £200k. They have two thriving main business's that relocated to cope.
with the demand. Interims will shock a lot of people when they see how good they are compared with normal results.
You saw am I missing something, well yes QM systems made a £350k profit in the last quarter. The whole company has been lucky to make £200k in a whole year. If QM maintain this momentum which looks nailed on as they are taking 70% more staff on to cope and new premises then profits will be at least £1.5 mil, Thomson is the same, profitable and located to bigger premises as they are thriving too. If they and other business's weigh in with 500k or £1 mil then you have £2-2.5 mil profits compared with £200k...growing companies trade on generous ratings and Pip will catch up when those interims arrive.
Pip have had negative nett asset value since year dot, now -10p
Borrowed up to the hilt. don't pay a dividend, no yield, why are they where they are,
am i missing something?
Started: davey50, 15 Jan 2022 21:37
Last post: davey50, 20 Jan 2022 19:35
I bought another 27500 today at 21.5p.
Unless I'm mistaken it just seems like basic maths. If you have 2 business's that are booming and very profitable already and move them to new premises where you can grow massively then what kind of profits can they make. I think people are going to get a right shock when they issue their interims in March because this will be the first clean set of covid free results and also show the massive sudden profits QM systems are making and maybe a surprise contribution from Thomson rail too.
Note Ventive is getting 20% of the new retail space at the new QM factor to work on those exciting green energy ideas and deal they signed not long ago with PIP. All very exciting and other stocks with similar and no profits are valued way higher.
Well davey , I'm in , hope your right and it all pans out !
Perhaps a lot of people are not keen to buy into a stock at highs not seen since 2007 and a current price which has quadrupled in a few years but if you look deeper it could be more of a bargain now than it was a few years ago.
That is because potential profits will jump exponentially in 2022.
QM systems made £350k in the last quarter of recent calendar year. Sounds from their updates this will be maintained and with new premises with 80% more space and 70% more staff needed growth is off the scale. Sounds like they could make between £1.5-2.5 mil profits which is incredible because in the last decade while being the "main provider" for the company they rarely weigh in with more than 200k.
Thompson Engineering could see even more incredible growth from nowhere too while not as profitable as it's from a smaller scale but they had turned things around H2 and new premises is 3 times the size so if that can utilize all of that they might be weighing in with 500k-£1 mil profits.
Aiden and Utsi will weigh in with small profits but still useful.
And if the Ventive green energy deal takes off with QM systems then who knows where this might take Pipehawk.
Remember this is a £7 mil stock, look around at all the loss making penny stocks out there with no future, no promise no growth and some of them are worth £10-20-30 mil. The market is asleep to the potential.
Started: draft, 1 Dec 2021 18:08
Last post: Brightonsparky, 13 Jan 2022 20:22
Eyeguy / Bitsub, you're not alone! Purchased over £20k back in the 6p days, made a few quid but hey ho. Hindsight is 20:20!
Eyeguy I share your pain ! , though not on that scale !
up 7% today
I used to own just under 3% of this company when it was 2-3p.
Not the best idea selling lol
hmm m maybe there might be a small raise - it says hire extra staff and increase the warehouse factory facility capacity
Last post: nomadicinvestor, 13 Jan 2022 18:29
Honestly don’t 100% understand pip and how they generate income, but I like the sector and I like the size of company. Bought in a few k worth last week and so far so good. Very unusual for me to not do full due diligence but just got a hunch with this one.
Any recommendations on an interview or presentation that’s worth watching/ reading.
Just blown through 12M high's. Damn it, too slow off the mark today.
I traded this a few times, always made a profit. I did it feel it might do very well from 3p too - was always a risk of a horrific placing though but Gordon never did that
Started: draft, 1 Dec 2021 12:17
Last post: draft, 1 Dec 2021 13:49
pumping a heat pump !
PMSL
trying my best, doesnt even eneed a pump, its GREEN, its NEWTECH, should be flying on that rns
Coz you're not pumping it hard enough draft lol
brand new innovative heat pump tech
Started: draft, 1 Dec 2021 12:55
Last post: draft, 1 Dec 2021 12:55
should have been more 20p plus on that - intra day rns so has been missed by people
Major contract win with Ventive Limited
Started: draft, 1 Dec 2021 12:20
Last post: draft, 1 Dec 2021 12:20
Pinned Tweet
Ventive
@ventiveltd
·
Nov 8
Looking forward to #COP26 in Glasgow this week as we launch our new investment round! Having spent the last 3 years developing Ventive Home - a unique Heat Pump that heats, ventilates, cools and stores energy - we couldn’t think of a better time or place to do it! #investors.
Started: draft, 1 Dec 2021 11:56
Last post: draft, 1 Dec 2021 11:56
PipeHawk is very pleased to announce that QM Systems, one of the Group's principal subsidiaries, has entered into a partnership with Ventive Limited ("Ventive") to manufacture a ground breaking 'green energy' solution to providing domestic heating and hot water. The product builds on air source heat pump and heat recovery technology together with utilising a Thermal Battery to provide an efficient solution that can be considered a direct replacement for a conventional gas or oil fired heating system. The first phase of the project, which comprises a contract worth approximately £800,000 to QM Systems, will involve QM Systems and Ventive working together to produce a state of the art system for manufacturing the heating product.
Started: JmcJ, 5 Nov 2021 15:47
Last post: R.L.Lewis, 25 Nov 2021 05:59
Interesting !
That said, I've been looking at the 2021 results (RNS of 3 November) and am intrigued by the turnround in H2. On my back-of-an-envelope estimate, the automation and test systems division (QM, TED and Weston) made a pretax profit of £450K or more in Q4 alone. This year, assuming the other two divisions collectively manage to break even, PIP as a whole should be capable of producing well over £1m profit pretax, perhaps even £1.5m. The tax charge should be negative because of R&D tax credits. Given the claimed prospects for future growth, on a market cap of less than £5m (c£7.5m fully diluted) that doesn't look altogether unattractive.
JMcJ - I'm not 100% sure, but I think it went something like this: GW paid PIP the £197K upfront, i.e. before the sale was completed, rather than on completion as you'd expect. (I'm guessing that PIP may have had some cash flow issues at the time.) Initially, that was treated as a temporary increase to GW's loan: then, on completion, the loan increase was wiped out and PIP retained the £197K as consideration in the normal way.
All past history now, but I think we must accept that PIP is in effect a vehicle for GW.
I've been looking at PIP for a couple of days now, considering whether to open a position, as the operating business looks decent, and trading under fair value, however I can't get past the sense that this is a vehicle for Gordon Watt's self-enrichment. Can anyone translate what happened with the sale of SUMO a couple of years ago as it makes no sense to me at all. He sold Pipehawk's stake to himself...but loaned the consideration amount to Pipehawk, paying himself interest? Can anyone make sense of this?
"PipeHawk announces that it has sold its 28.4 per cent. joint venture interest in the ordinary share capital of SUMO Limited ("SUMO") to Gordon Watt, the Executive Chairman of the Company, for a consideration of £197,499, being the original cost of the investment, subject to shareholder approval ("the SUMO Share Sale"). The consideration will be satisfied in cash. Gordon Watt has agreed to pay the consideration immediately and therefore the payment of £197,499 will be treated as a loan, on identical terms to the existing loans due to Gordon Watt, until such amount becomes payable under the agreement for the SUMO Share Sale"
Started: Porky9, 4 Oct 2021 12:41
Last post: Porky9, 4 Oct 2021 12:41
The Second half results were really good especially following the Covid and Brexit issues that impacted the business in H1
So we are looking at Revenues for the year of £6.7m exceptional.
mcap at 17p SP was just £6m ie less than they are doing in revenue, go figure.
Full report out mid November so only a few weeks to go. looks like a no brainer buying at these levels.
GLA
Going in the right direction , share price going up slowly.
30 September 2021
PipeHawk plc
("PipeHawk", "Company" or the "Group")
New lease agreement
PipeHawk is pleased to announce that its subsidiary Thomson Equipment Design Limited ("TED") has concluded its negotiations and has signed a ten-year lease for two modern adjacent open space buildings in Cinderford (together the "New Premises") at an annual rental of £90,635 (with the first 12 months' rent free). The New Premises comprise approximately three times the available floor space as compared with TED's existing premises.
Gordon Watt, Chairman of PipeHawk, commented: "This is an exciting next phase in the development of TED, where we are able to retain all the expert and loyal staff at TED, and move them and the business into a much more efficient and spacious working environment. Since 31 December 2020 TED has steadily increased its factory-based work force by 20%; both the orders and enquiries pipelines are significant and growing. We are also currently looking to recruit a further 40% engineering staff in the near future."
Enquiries:
PipeHawk PlcGordon Watt (Chairman)
Tel. No. 01252 338 959
Allenby Capital (Nomad and Broker)David Worlidge/Vivek Bhardwaj
Tel. No. 020 3328 5656
Is PIP going to POP ? lol
Morse you should view it on a quiet day !
Fascinating board !
..........
Started: Brightonsparky, 12 Jul 2021 21:33
Last post: Brightonsparky, 12 Jul 2021 21:33
Anyone know what has spurred the last couple of days?
Started: Ejackson, 8 Dec 2020 14:56
Last post: Ejackson, 8 Dec 2020 14:56
....from my last post.