Pipehawk Share Discussion Threads

[bill182] 12/9/2011 09:14

The Avoint, that has been the position for some time now. Interestingly, you can sell at over the mid-price!
Whilst we are not due any financial news for some time, an announcement of a contract win or any positive news should do wonders for the share price given the current low market cap.

[the avoint] 07/9/2011 12:51

Cannot Buy

[bill182] 31/3/2011 15:40

exotic, I am not surprised by the announcement! Something has not been right with the Pipehawk part of the business for some time, and it would not surprise me to see a further announcement shortly which might involve a partnership agreement, or an outright sale.
Richard Chignell is 64 years old - by my reckoning, and as the technical director, maybe felt it was time to go. At the last accounts release, he held 2.2 million shares, representing 6.7% of the Group, and has options over a further 300,000 shares at various prices.
I am a long term holder here, and hopefully this will be a catalyst for some positive change.

[exotic] 31/3/2011 12:57

Bit of a surprise....

31 March 2011

PipeHawk Plc
("PipeHawk" or the "Company")

Directorate change

The Company announces that Richard Chignell, Technical Director, has resigned as
a director of the Company with effect from today. Richard, who founded the
PipeHawk business in 1988, will be available as a consultant to the Company in
future. The Board of PipeHawk would like to place on record its thanks to
Richard for his considerable contribution and expertise in the commercialisation
of ground probing radar and for developing so many Pipehawk products.

[bill182] 08/3/2011 08:24

BACK INTO PROFIT

I am actually encouraged....taken from the results:

Pipehawk - new GPR products and e-spott continues to develop.

Adien - Jan and Feb orders good in comparison to previous years

QM Systems - significant upturn in workload and order intake. Prospects very buoyant.

SUMO - back to breakeven.

Whilst it has taken the litigation payment to bring them back into the black, the prospects for the second half look very promising indeed.

There is life in the old dog yet! At these prices, I see this as a good recovery play.

[garth] 23/12/2010 13:28

Lots of dosh owed to the Chairman though for loans....

[knowing] 23/12/2010 13:06

Makes you laugh when the company is only valued at 890K and they just got 50% of that in cash.

[bill182] 23/12/2010 12:21

Well well well...some good news for a change...final settlement on the litigations, giving the company a net £456k for the coffers.

All we need now is news of a contract win and we could finally reverse this 4 year decline.

[knowing] 23/12/2010 12:17

Up 50% now

[knowing] 23/12/2010 12:04

Woken up after a long sleep.

[knowing] 16/11/2010 12:26

Well 20K sell knocks it for 6

[123prezzie] 10/11/2010 18:12

Read carefully and you will find that Directors' loans are much higher than £1m so they must believe in it. But when will the recession turn?

[regandjess] 05/11/2010 13:43

Just having a read through the results,not a holder but always on the lookout for co's with few shares about and small mkt cap.

Question for holders.Is the 1 mill loan from director significant and does this mean the co is on a more solid footing when the recession turns.

I have spare cash and thinking about a small punt, say 100K. Worth it or not ??? Thanks. By the way thats shares not cash LOL.

[knowing] 26/8/2010 23:01

Isn't it about time this one had a run again!

Some news on the website too

[exotic] 27/5/2010 19:48

I watched their video for the e-spott


It gives a very clear idea how useful and convenient this tool will be for councils around the country.

My only disappointment was at the very end of the video, I e-spotted (sorry) the small print on the bottom of screen which read "System Marketed under Worldwide License from Utsi Electronics".

Until then I assumed the e-spott was solely a PipeHawk in-house production.

[knowing] 27/5/2010 14:02

SpeedyHire take on Pipehawk e-spott

[garth] 27/5/2010 09:24

Over indebted?

[knowing] 25/5/2010 14:19

Buy 10K vs Sell 100K

[knowing] 24/5/2010 23:49

Really get pist off these days when a company brings out some good news and then the MMs shut down online trading for whatever reason. Wanted to buy some late on and could not get any apart from 2.5K which is silly.

[knowing] 24/5/2010 14:38

Cannot buy more than 2.5K online now.

[bill182] 24/5/2010 11:39

You definitely need a lot of patience with this share, but things could be about to take a turn for the better.
There have been two tranches of fund raising recently to fund the ongoing development of the GPR products, and if you read the presentation which is now on their website, they are looking to produce some of these products in meaningful quantities. Also, they expect other areas of the business to return to profit this year.
At the interims, the Chairman alluded to the award of another major contract in the near future. Further news on this may get the share price moving back in the right direction.

[loafofbread] 30/4/2010 13:22

Good luck to him.

better than at 2.5p!

[exotic] 30/4/2010 13:14

TIDMPIP

30 April 2010

PipeHawk Plc
("Pipehawk" or the "Company")

Subscription to raise GBP150,000

The Company announces that it has raised GBP150,000 by way of a subscription of
3,333,334 new ordinary shares ("Ordinary Shares") ("the Subscription Shares") at
4.5p per Subscription Share (the "Subscription Price") with Mr Stuart Hamilton
("the Subscription"). The Subscription is conditional on admission to trading on
AIM ("Admission").

PipeHawk intends to use the proceeds of the Subscription for working capital
generally. Following the Subscription, Mr Stuart Hamilton will hold a total of
4,583,334 ordinary shares in the capital of the Company, equivalent to 13.88 per
cent. of the enlarged issued voting share capital of Pipehawk.

The Subscription is conditional upon Admission. The Subscription Shares, when
issued and fully paid, will rank equally in all respects with the Ordinary
Shares, including the right to receive all dividends and other distributions
declared, made or paid after Admission.

Application has been made to the London Stock Exchange for the admission to
trading on the AIM market of the Subscription Shares. It is expected that
Admission will become effective and dealings in such shares will commence on 7
May 2010.

Following the admission of the Subscription Shares, the Company will have
33,020,515 Ordinary Shares in issue.