Pipehawk Share Discussion Threads

[chatchat] 21/3/2024 13:32

I have had a quick look - two ? niggling for me - the £1m CULs held by GW which convert at 3p and there only being a sole exec director.

[z1co] 20/3/2024 11:18

QM Systems , the company's largest division returned to profit during Q4 of last year ending 30/06/2023.

It's forward orderbook to 30/06/2023 was £5.8m largest in it's history.

QM Systems revenue is also continuing to increase month on month ( 29/11/2023 ).

The current financial year will see the Start of Production (SOP) in three contract manufacturing business units. This in turn will create a business model that is not reliant totally on Capital expenditure project awards.

Total H1 revenue will be UP by nearly 100% compared to last year and company will be profitable for the year to 30/06/2024.

[z1co] 20/3/2024 10:59

In auction but offer price is now at 9p after a few small buys.

[z1co] 20/3/2024 10:58

purple

We'll find out next week after they announce their interim results.

If the outlook statement is as upbeat as i feel it will be , you won't be buying these at less 10p.

[purple11] 16/3/2024 06:11

is this going to rally?
on my watchlist

[someuwin] 01/3/2024 09:01

Ventive will be officially unveiling their innovative heat pump (manufactured at PIP's QM Systems) at next week's Futurebuild exhibition in London.

Could mark the start of production order ramp up.

[pugugly] 17/2/2024 13:41

Simple Getting over 5%+ on cash with (imo) very rough year ahead apart apart for the Magnificent 7 and AI - Though read the Long View (Katie Martin) ~FT today.

Re price: Subject to timing looks as though input price in region of 7.95 - 9.0

Good Luck.

[z1co] 17/2/2024 12:19

Now you explain to everyone why you say " just keeping powder dry ".

[z1co] 17/2/2024 12:17

The price i started buying again is not that important to you so i don't know why you're so interested in that , as you've asked me several times already it seems to me that it's nagging you.

I started to buy the shares after their very upbeat AGM presentation on 21/12/2023.

After a lot of research have bought more since.

[pugugly] 17/2/2024 12:07

So do I. But there is a need to for there to be a strong indication for them to shortly become EBITDA positive -

No indication that PIP is anywhere near this at the moment. Again - What is your buying price? Just so everyone can see how long term wise you are.

CSFS - Nice call

[z1co] 17/2/2024 11:58

Your quote " just keeping powder dry " It's so obvious you like to buy the shares at a lower price.

[z1co] 17/2/2024 11:53

I like to BUY shares in companies that have started to trade strongly and the market has not realised yet of their strong trading.

PIP falls in that category as does SUN and BOOM.

Last year my similar research led me to buy CSFS in which the share priced increased by more than 5 fold in 12 months.

btw CSFS also had an outstanding debt at the time but it's now cash positive.

[pugugly] 17/2/2024 11:46

Repeat - Not a deramp -Just FACTS
If you are so keen on the company please share with us your buying price.

[pugugly] 17/2/2024 10:50

ZICO> Not deramping - Just doing my own research after your very bullish originating post of 24th Jan. - A value trap (stockopedia)

Net debt £7.65M. Could well take years to clear it. Given the age of Gordon Watt he could be subject to the strictures of Psalm 90 Verse 10.

While I am sure we all wish Gordon many more years of a long profitable and healthy life nothing is certain.

Given the current negative book value (again Stockopedia) of MINUS 15p per share I not jumping in - not de-ramping - just keeping powder dry.

However best of luck with your investment - What was your entry point for the record?

[z1co] 17/2/2024 09:23

PUGUGLY,

We are already aware of that as is the market !!!

Your deramp will NOT bring the share price any lower , if that is your intention.

What we all want to know is how well the company is trading so far in H2.Prior to the recent contract win the company was already trading at record levels.

The company could well be even trading ahead of expectations.Keep an on the share price if indeed the company is trading ahead of expectations.

We will find out next month when they announce their interim results.

[pugugly] 16/2/2024 10:45

However look at realistic level of net assets - or possible negative value after stripping out debt and goodwill - bid offer at time of posting 8.5p/9.5p MC£3.27M Only surviving as a result of chairman's loan.

[someuwin] 05/2/2024 15:56

29 January 2024...

Gordon Watt, Chairman of PipeHawk commented: "This is fantastic news and further cements QM's growth of its automated robotic welding division. This business really does continue to go from strength to strength.

[z1co] 03/2/2024 15:45

Ventive Home Timeline:

VB

Production of c15 units for final design validation currently underway, due for completion January 2024

PV

Validation of manufacturing process and assembly line c60 unit every unit tested on in house EOL test system April 2024 – July 24 saleable units

Start Of Production end 2024 onwards

[z1co] 03/2/2024 15:39

Fast MDx Medical Vial Filling:

Our medical vial filling cell is up and running
First filling machine built and tested within our newly installed clean room
First quantities shipped to our customer November 2023
Initial pilot volumes due to be shipped through until mid 2024

Start Of Production mid 2024 with steady ramp up of volume as our customer starts to ship test platforms to clients.

[z1co] 03/2/2024 15:38

With QM Systems order book already at record at the end 2023 , the start of production in 2024 of Caudwell Marine , Ventive and Fast MDx ... incredible.

Caudwell Marine Timeline:

VB

Production of c30 units for final design validation completed April–September 2023

QP

Validation of manufacturing process and assembly line c60 units
Every unit tested on in house ‘Hot Engine Test’ facility
February 2024 – June 24
Saleable units

Start Of Production

Mid 2024 onwards

[someuwin] 30/1/2024 11:33

Pip's QM systems have largely been existing on one off project work until now. This is going to change in 2024 as they start long term production of three different, and potentially very large product lines.


* Ventive innovative heat pumps.

* Fast MDx Medical Vial Filling machines.

* Caudwell Marine outboard engines.

The Cauldwell here is legendary multi billionaire and mobile phone entrepreneur John Cauldwell. His backing is a huge vote of confidence in PIP imo.

"Caudwell Marine anticipate high demand from Boat Builders and commercial operators from across the world. The engine will be made available through a global network of distributors in 2024."

[nico115] 30/1/2024 07:11

Thanks I'm long having bought a lot at 15p to 22p.Bit early I know but I got excited by the move to new Premises . Tiny mkt cap albeit with some debt . Agreed upside is substantial but needs less headwinds from the past which should be happening now .

[z1co] 29/1/2024 21:34

Hi nico

First of all well done on you're investment in CSFS.

I've spent many hours doing various research on PIP.The company has managed to turn around a very difficult 18 months or so and are now once again trading very strongly.

QM Systems was trading at record levels prior to this contract.

The current year will be a record , the shares took a battering over the last two years but will now start rising once again having reached the lows in December 2023.

Once the company confirms this strong trading via a TU or interim results the share price will take off.

If the company maintains this strong trading over the next few years then the share price could well exceed the previous highs set in 2022.

As always dyor etc.

[nico115] 29/1/2024 21:10

What's your fair value here ?You got Csfs very right ,well done