Nighthawk Energy PLC Discussion Board http://www.iii.co.uk/investment/detail?code=cotn:HAWK.L&display=discussion http://www.iii.co.uk/icons/logos/uk_logo.gif http://www.iii.co.uk tag:iii.co.uk,2003:tst.5614906 Rathers1 By Rathers1 ]]> http://www.iii.co.uk/investment/detail?code=cotn:HAWK.L&display=discussion&id=5614906&action=detail Mon, 23 Nov 2009 08:49:00 GMT Rathers1 tag:iii.co.uk,2003:tst.5614849
Apologies for the delayed response. I've been suffering from man flu which everyone knows is a fate worse than death.

Why POGL? I started my research by studying the initial listing of POGL on AIM. As you are no doubt aware they listed in Jul 2007 and despite being fairly slated by many pundits the SP rose from 12p to circa 19p in the first week. The pundits were surprised because here we had an unknown Malaysian company trying to raise £2.6M on a UK market. The management team were unknown, their fundamentals were fairly sound but there was no evidence to support a rise, let alone the meteoric rise of 60% (I've read many posting from the private investors that were getting carried away at around this time and its the normal story with so many AIM investors. They let their emotions get the better of them and the amount of 'I'm in' postings at 14p, then 15p and then 16p etc are quite 'scary' and many of them were predicting the SP to reach 25-30p in the short term.) The listing was geared to raise £2.6m at a prospective price earnings ratio of approximately 12 times their 2007 estimates. This would have given them a market cap of circa £21.5m. At an SP of 19p this rose to approximately £32m which was 15 times greater than POGL's 2008 projections. There was absolutely no way POGL were going to secure sufficient new business / contracts by 2008 to justify and / or maintain this inflated market cap.

We all know what happened to the markets in 2008. POGL started the year on bit of a high, the SP had returned to a 'realistic' level and they reported very good results to Dec 2007 that exceeded initial expectations (they had trebled their revenue to £140 million). In any other year this would have had a very positive impact on the SP but 2008 was not like any other year. During 2008 they struggled to secure new contracts, existing contracts were de-scaled or shelved due to financial constraints and the little gem that was POGL was unceremoniously dumped on the pile of Oil & Gas Equipment Services' granite chips.

So why am I throwing my hard earned cash at POGL? They had the worse possible start to their AIM listing. The MM's and over excited investors artificially raised, lowered and once again raised the SP to a level that POGL management were never going to be able to justify via securing new business/contracts. During the recession they have managed to stay afloat and have been recognised as one of Forbes' 200 best Asian companies with under 1 Billion revenue. The DOW Jones Oil Equipment & Services Index Fund is currently up 20+% since July 09. The POGL management and sales team have managed to secure £2.18M new business to April this year. And so-on

1.5p per share for this Pacific Rim 'granite chip' is supposedly risky, but it's a risk that I'm willing to take and I'm putting my money where my mouth is. DYOR please, check out the details of the initial listing (they're very informative) and check out their latest progress and fundamentals. I have, and I believe this company is a 'little gem' sitting in a pile of 'granite chips'.

Yours

SP.

By G E M L ]]> http://www.iii.co.uk/investment/detail?code=cotn:HAWK.L&display=discussion&id=5614849&action=detail Mon, 23 Nov 2009 08:39:00 GMT G E M L tag:iii.co.uk,2003:tst.5614674 Just catching up after being away and read your news.
I have just been through this with my wife and family, and I know the feelings your going through. You have my genuine sympathy and my family and I wish you the very best. We will keep you in mind each day, keep strong and positive it will pull you through. The very best to your wife and yourself and of course the baby.

I know you will be well supported but if you feel stuck trevor.martyn@btinternet.com By bill61 ]]> http://www.iii.co.uk/investment/detail?code=cotn:HAWK.L&display=discussion&id=5614674&action=detail Mon, 23 Nov 2009 08:12:00 GMT bill61 tag:iii.co.uk,2003:tst.5614329 Your situation puts all this nonsense into perspective,but I am sure you will visit when you want a light hearted moment.
Best Wishes with everything By dave297 ]]> http://www.iii.co.uk/investment/detail?code=cotn:HAWK.L&display=discussion&id=5614329&action=detail Mon, 23 Nov 2009 07:07:00 GMT dave297 tag:iii.co.uk,2003:tst.5613914 I think it was very brave of you to open up on here about your misfortune.
I wish you all the very best.
S. By Sourhills ]]> http://www.iii.co.uk/investment/detail?code=cotn:HAWK.L&display=discussion&id=5613914&action=detail Sun, 22 Nov 2009 21:57:00 GMT Sourhills tag:iii.co.uk,2003:tst.5613898 ')" target="_new" rel="nofollow">http://www.biancatrends.com/HAWK.html
http://www.britishbulls.com/StockPage.asp?CompanyTicker=HAWK&MarketTicker=Oil%20and%20Gas&TYP=S
http://www.allpivotpoints.com/pivot_points/pivotcore-exchange-lse-symbol-HAWK.html
http://uk.stoxline.com/q_uk.php?s=hawk

Well "on balance" I am now thinking more on the buy side...downside 10%, upside 10%, but given we have fallen 20% from recent 45p high and the fact that 35p has held well, then anything below 36p should be viewed as a good entry level for short/med/long term holdings

I still see around 38-39p as a "profit taking area" short term and would look at the following levels this week:

33-36 Buy (don't see less than 35p, but 33p strong support)
36-38 Hold (wobbles around 37.5 expected)
38-39 Sell (short term speculators/day traders/profit takers only)

Of course anything under 42p for med/long term holding good value

Have a profitable week
Tradesmarter


By tradesmarter ]]> http://www.iii.co.uk/investment/detail?code=cotn:HAWK.L&display=discussion&id=5613898&action=detail Sun, 22 Nov 2009 21:50:00 GMT tradesmarter tag:iii.co.uk,2003:tst.5613438 http://www.iii.co.uk/investment/detail?code=cotn:HAWK.L&display=discussion&id=5613438&action=detail Sun, 22 Nov 2009 17:43:00 GMT Number Seven tag:iii.co.uk,2003:tst.5613306 Many people come through this and i will pray that you and your wife are amongst those and you get the best christmas present ever.

Regards

Cz By czubaboy ]]> http://www.iii.co.uk/investment/detail?code=cotn:HAWK.L&display=discussion&id=5613306&action=detail Sun, 22 Nov 2009 16:34:00 GMT czubaboy tag:iii.co.uk,2003:tst.5612610 www.pennybrohncancercare.org
It`s well worth spending a day there if you can.
Very best wishes to you both.
h By dorcas h ]]> http://www.iii.co.uk/investment/detail?code=cotn:HAWK.L&display=discussion&id=5612610&action=detail Sun, 22 Nov 2009 09:48:00 GMT dorcas h tag:iii.co.uk,2003:tst.5612521 http://www.iii.co.uk/investment/detail?code=cotn:HAWK.L&display=discussion&id=5612521&action=detail Sun, 22 Nov 2009 08:51:00 GMT No 61727-054 tag:iii.co.uk,2003:tst.5612356
You may find that the situation you are in is more common than you think and that the choices you make are perhaps not as bleak as they may first appear. I'm sure your support network will help that.

Best of luck and just remember that whatever decision you come to will be the right one.

ddd By Dictum de dicto ]]> http://www.iii.co.uk/investment/detail?code=cotn:HAWK.L&display=discussion&id=5612356&action=detail Sat, 21 Nov 2009 23:23:00 GMT Dictum de dicto tag:iii.co.uk,2003:tst.5612242 However medicine and treatment have moved on by leaps and bounds over the years so try and keep positive, i am thinking of the pair of you. By OLDTIMER43 ]]> http://www.iii.co.uk/investment/detail?code=cotn:HAWK.L&display=discussion&id=5612242&action=detail Sat, 21 Nov 2009 21:26:00 GMT OLDTIMER43 tag:iii.co.uk,2003:tst.5612111 http://www.iii.co.uk/investment/detail?code=cotn:HAWK.L&display=discussion&id=5612111&action=detail Sat, 21 Nov 2009 19:35:00 GMT MINTYMURRAY tag:iii.co.uk,2003:tst.5611986
There's not a lot more that I can say that has been said before. There's nothing stronger than the bond of the family.

My thoughts are with your family.

Stengo By Stengo ]]> http://www.iii.co.uk/investment/detail?code=cotn:HAWK.L&display=discussion&id=5611986&action=detail Sat, 21 Nov 2009 17:39:00 GMT Stengo tag:iii.co.uk,2003:tst.5611967
Koolade - you and your wife have really drawn the short straw. You've got such a lousy decision to make. I feel so bad; christ knows how you and Mrs K must feel.

I hope it all works out for you. Like many on this board, my family has also been through critical times but has come through to new life - and Great Ormond Street benefits each month from my gratitude. It's hard to believe in a rosy future when the immediate future looks so bleak for you, but the sun will shine again.

It's so easy to forget when we're having a good time that others are in the depths of despair. Puts things in perspective. Thinking of you and yours, and others. By Lupo di mare ]]> http://www.iii.co.uk/investment/detail?code=cotn:HAWK.L&display=discussion&id=5611967&action=detail Sat, 21 Nov 2009 17:23:00 GMT Lupo di mare