Pipehawk Share Discussion Threads

[dave4545] 09/11/2021 12:11

bap

I'm surprised the mm's are being so generous to the 100k seller day after day with it being 5 x NMS

£3.86 mil market cap. And QM might be making £1-1.5 mil alone next years accounts.

[dave4545] 09/11/2021 12:09

fozzie

That's spot on. I know I always slice now after a good run because there is no logic anymore and you nearly always get a opportunity to buy them back and make money because others just want out at any price.

2 x 20k at 13p were mine. Buying back the 15.52p stock I sold

But if this seller has more we could be going lower again

[fozzie] 09/11/2021 12:04

The market is trying to turn us all into short term traders Dave, it really winds me up tbh. What happened to buying shares in good companies on 3-5 year view?

[dave4545] 09/11/2021 11:46

75k and 100k sales

Does nobody want to own up to these sales day after day ?

[dave4545] 09/11/2021 10:12

Crazy it's just drip sales after sales

[slicethepie] 03/11/2021 17:34

If I was so concerned about the R&d cost I would phone or email the ceo and ask. I am pretty sure he won't bite!

[kaos3] 03/11/2021 16:35

agree - and that is why I am here

[dave4545] 03/11/2021 16:18

So nothing to say about QM systems going to increase it's profit on it's own by up to 4-8 times then ?

Then Thompson which needs new premises to cope

And the other business's doing ok too.

Profits could ten fold from around 250k to 2.5 mil

[kaos3] 03/11/2021 16:14

pre tax profit 80k

number of shares to be doubled soon (for 1 mio equity capital)

now - go and divide operational profits (real long term measure ) with the future number of shares ....also divis are not coming soon as well imho - as they have to invest a lot into expansions (capital intensive heavy equipment, leases ...) and they have to repay personal loans first ( given at fair rate btw)

so - for myself overvalued - and I am glad others think differently - as that makes the market

BUT

good domestic real production with a momentum building - so I am putting effort into understanding PIP and am following it and I hope to buy it soon enough at what I consider fair value
-----------------------------
instead of laughing at me or my opinion - (why not laughing lol its good) - what is with the research costs !!!???

I expected you will answer that to me - as you know PIP for such a long time

or - can profit before tax be 5 X increased be repeated in the future etc....

or - will personal loans be extended? - if so - why not make the duration of 5 years right now with the possibility of early repayment etc

[kaos3] 03/11/2021 08:39

ok - will give it a rest ..... I even did not go the debt route as you fairly say ;)

just saying overvalued atm and there will be buying opp later on better than now ... but I am clearly wrong .... proven by the market.

I would just like if someone with more knowledge can explain 2 million research costs per year ......year after year.... that is huge and a possible red flag (because it is out of proportion and has no further comment to it)

I can not understand it

TIA

[greenhat2] 03/11/2021 08:33

Luckily the market is forward looking Kaos If they can do last H2 x2 next year I'll be delighted and it looks like they will and then some

[dave4545] 03/11/2021 08:33

Blimey Kaos3 you are getting a bit desperate now

The reality is like almost every business in the world they were locked down with covid and lost money. And they had a cracking second half to recover all the losses when things opened up.

I mean if you are looking for possible negatives then maybe go down the debt route to the boss, but I think he can start paying himself back with the money they are making now.

[kaos3] 03/11/2021 08:30

reality is

a profit before taxation for the year of GBP79,000 (2020: GBP194,000)
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and a profit after taxation of GBP522,000 (2020: GBP590,000)

[dave4545] 03/11/2021 08:12

No quote to buy no wonder there's been no trades for 10 mins.

[greenhat2] 03/11/2021 08:09

No sells so far... only buys Hold for gold I say

[greenhat2] 03/11/2021 08:08

Looks great to me They pulled it out of the bag in H2 So next years results should be cracking

[kaos3] 03/11/2021 08:06

2021 2020
GBP'000 GBP'000
--------- ---------

Research and development costs not capitalised 2,285 2,141

Does that mean they each year put in 2 millions into research costs?

[dave4545] 03/11/2021 07:41

Well I said a few times any overall profit will be a cracking result because of the first half losses.

If QM could keep that going it's going to make £1.4 mil in a year and that is just one side of this company. If the rest weigh in with small profits you could be looking at £2 mil profits next to a £4.3 mil market cap

Hopefully with all this money rolling in they can pay down the debts owed to the Ceo too.

[dave4545] 03/11/2021 07:34

wow QM systems making £350k in just one quarter.

There was a time when this whole company was lucky to make £100-200k a year