Pre IPO price 4p
Opening price on debut 25p
Floatation price 46p to raise 14million to extend Jolly Ranch
Current fair value estimate 114p
Market cap 70.59 million.
Value of Cisco Springs investments 98 million.
Value of Vogel investments 75 million.
Desparado trucking now Nightfox 250,000 for a 50% stake with partner Running Foxes.
Centurion Project Kansas, 150,000 for a 50% stake.
Jolly Ranch Colorado, 40,000 acres cost 356,000 for a 50% stake.
Cash in bank 7.75 million.

As this EPIC opens on AIM today anything could happen. On the one hand you have traders trying to cash in a sixfold profit. You will also have a clambering of traders after shares because, firstly they could only get 75% of their allocation because of demand. Secondly at 25p this company is still way under valued.

10-15p next week...just wait

Just trying to pick up some stocks at bottom prices ....never read the Guardian in my life .....is that some obscure leftie newspaper ?....prefer the Telegraph myself....are you talking about yourself ?.....you need some help !, it just shows what rubbish gets published nowadays.....shares is a big hobby for me not just trying to make money !, but you are right about the dangers of buying back in with these drops...risky...longterm should come right !.

imo long term these will come good - picked up some other bargains - depends how bad the recession bites - but the truth is the country (uk) is actually bankrupt and been in recession for sometime - the only reason uk kept going is because those idiots at labour keep borrowing more and more money digging huge hole for everyone - then labour policies are so bad some of the damage can not be reversed - eg immigration, no prison space left, police snowed under with paper work & too scared to do anything because of human rights, hospitals with more admin than nurses, road tolls imminent, creeping stealth taxes, etc etc etc - what chaos! then that idiot gordon brown keep moving his fiscal rules so when he breaches them makes up new ones to make it look like he hasnt - what an arrogant false smiling person he is! apart from that we are doing ok (hang on just sectioned myself!)!!!

then the blasted eu!!

Agreed Gibby...it's becoming impossible to live a normal life in the UK !.

lol.....hilarious gibby.....chin up old chap....remember the war spirit.....they dont like it up them

lol - agreed geordie - i do - right up 'em!!

Final resuls out ,should move SP.

My prediction is for a rise on opening, followed by a fall back around 9.30 ish, followed by another rise from 11.00 ish. But then what do I know.

End of day to be blue. Maybe.

End of day blue will be good,lets be positive!!

Looking at the financial results I can't see anything to recommend this company.

I said last week 10p as a price target. Unless the markets improve, I would have thought 5p was more realistic.

The reason? Some companies are trading on p/e of 2 so why should a massive loss making company have any value in today's market. Potential means sod all today at the moment I'm afraid.

Loss making my arse. Their tangible assets have increased by 28 million over the last year. Thats an underlying profit for the year.

dd ..... in this instant, you are not necessarily correct, though it would certainly take a brave man to start throwing money into the market long

Listen, I'm not saying we are but IF the FTSE is going down to 2000 - 2500 why should HAWK stand alone in surviving it?

personally, i don't think FTSE will fall to 2000 at any point in this recession, and even then, there are always shares that buck the trend .... similarly in bull markets

3250 similar to last bear market before sudden bounce

First part of prediction correct, although at 1.5p gain, not as much as I envisaged.

Second part almost there as it has fallen back a little to 0.5p gain with a little time still to go.

cant see market dropping below 3000 even as bad as it seems - we will wake up one morning to a sudden bounce - just not sure when!!!!

thats when we kick gorgy ass

gordy