Anyone hazard a guess as to whether the big 270,000 turnover was a buy or sell. Good positive movement here today after little movement for a forthnight, maybe word on the Aiden deal with Severn water is starting to bubble to the surface

HAS THERE BEEN bad NEWS ON THIS ONE TO JUSTIFY THE PRICE DROP - OR IS IT JUST THAT, HAVING GAINED U.S. APPROVAL, THEY DONT SEEM TO HAVE A LINE OF BUYERS READY AND WILLING TO GIVE ORDERS.

this kind of thing seems to unexplaiably happen to a number of shares (some which have performed well)i remember looking at this one when the price was nearer 30p and confess that following your comment they now look cheap.In answer to your question some low volume "unsexy" shares will just drift down and down if there is not regular news and transaction activity. I am learning slowly to just go with the flow and if they do not perform get out at your "safety stop level" and put the money somwhere else.If you did not already own I would have said that todays price looks good. Sorry if ive not given much comfort.

From the Times

SMALLER STOCK TO WATCH

PipeHawk, the AIM tiddler that uses radar to detect underground pipes, jumped 3p to 16p as a consortium of New York and New England gas companies backed the development of its handheld pipe locator. Negas has also struck a deal with a third party, which could see PipeHawk receive 40 to 50 per cent of royalties if the product is commercialised.

Good spot Janus. After seeing the way the MM's have marked this down relentlessly for 6 months, my gut feel is that we still need this news translated into product purchases to sustain the interest and continued rise. It has been 5 months since regulatory approval was granted, let's hope it is not as long until the first orders start to come.

Once utility companies see the benefit then they should be falling over themselves to buy them

The news should also put some cash in the coffers which cant be bad.
I notice Paul Scott picked up 30K @ 14p yesterday usually a good sign when Paul buys.

As a long-standing holder I'm completely punch-drunk by this one....are posters here serious when (in Sept04) they were saying this share would be 1 by the month-end?
C'mon guys this Company is an out and out loser. Can someone remind me do they have a World-wide Patent on using Radar (underground) or can anyone do it? Radar has been about since WWII (sixty years) so it's difficult to imagine no-one's pointed it down before.
I know about their contracts with local authorities etc., but they won't pay much, when the alternative is a man with a shovel. Furthermore they soon have to resort to shovel, as the output from the radar isn't exactly a clear OS-style map - is it?
This is another example of HYPE, Hope and stupidity on my part.

Something a foot at pipehawk. A relativeky huge 100k buy yesterday and the price goes up 20% today. Wonder if the issue with London Water and cracked pipes is going to bring a lot of business Pips way.

No Postings here for over two years - it really is a shambles, this outfit.

Just look at the sp.....grief!

Good rise today



http://www.moneyam.com/shareprice/PIP

What a share



3.25

+1.75 (+116.67%)

PipeHawk's QM Systems secures two project wins
StockMarketWire.com
PipeHawk has announced that QM Systems, a division of the Company, has been awarded two new projects by Knorr Bremse Rail Systems UK Limited (KBRS).

The projects relate to the provision of a range of production and test facilities for KBRS and are expected to be installed and commissioned during Q1 2012.

The projects are worth approximately 400,000 and the revenue from these projects is expected to be recognised in the current financial year

Pipehawk share price doubles on rail contract news
9:24 am by Jamie Ashcroft


PipeHawk said the new business was worth around 400,000 and the revenue would be recognised in the current financial year.

Shares in micro-cap engineering firm PipeHawk (LON:PIP) more than doubled in value today as it won two new contracts with a rail services group.

The groups subsidiary QM Systems signed the deals with Knorr Bremse Rail Systems UK Ltd (KBRS). It will provide production and test facilities for KBRS that will be installed and commissioned in the first quarter of 2012.

PipeHawk, which develops probing radar technology used in civil engineering to detect underground obstacles like utilities pipes, said the new business was worth around 400,000 and the revenue would be recognised in the current financial year.

"QM Systems has made considerable progress during the last year and has firmly established itself as a leading and innovative solution provider, said chairman Gordon Watt. I am very excited by these project wins which demonstrate success on all levels in terms of client satisfaction.

These project wins demonstrate further diversification into large scale infrastructure projects and expansion into the heavy rail industry. QM's order book is very healthy and prospects for the foreseeable future look very bright indeed.

At 9:20 on AIM Pipehawk shares were up 2.375 pence, 158 per cent, to change hands at 3.875 each.

double? - from near zero - this is a stock that knows only the route low.
It's good news, but why weren't such "wins" commonplace . . . and do shareholders think anything has started to change?

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Looking at the chart the sp has fallen for all 2011. I purchased pre 29th Sept and sold,
on the rise. Re purchased on the fall for the last rise.

Looking at the charts and posting boards it does not look like the company had a lot
going for it. Being a small company with a 50 odd workforce this new business means a lot in these times. I will keep an eye on it Monday.

hangon, I see you posted here Dec 04 do you still have the stock?

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A long time ago I know, the sp was 62p 1st quarter of 2002.