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Share Name Share Symbol Market Type Share ISIN Share Description
Falanx Group LSE:FLX London Ordinary Share VGG3338A1075 ORD NPV (DI)
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  +0.25p +4.08% 6.375p 6.25p 6.50p 6.395p 6.125p 6.125p 1,339,357 16:21:05
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Support Services 2.7 -1.7 -1.5 - 8.02

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Falanx (FLX) Most Recent Trades

Trade Time Trade Price Trade Size Trade Value Trade Type
15:26:346.385,219332.71O
15:23:546.384,172265.97O
15:22:226.2560,0003,750.00O
15:20:566.3520,0001,270.00O
15:20:386.3333,0332,090.99O
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Falanx (FLX) Top Chat Posts

DateSubject
21/7/2017
09:20
Falanx Daily Update: Falanx Group is listed in the Support Services sector of the London Stock Exchange with ticker FLX. The last closing price for Falanx was 6.13p.
Falanx Group has a 4 week average price of 5.75p and a 12 week average price of 5.63p.
The 1 year high share price is 10.13p while the 1 year low share price is currently 3.50p.
There are currently 125,780,904 shares in issue and the average daily traded volume is 1,390,847 shares. The market capitalisation of Falanx Group is £8,018,532.63.
20/7/2017
15:54
yump: Yeah, if the share price moves I'll be taking serious action.
12/7/2017
09:00
hamidahamida: Falanx Results - Really what is not to like?By HotStockRockets | Wednesday 12 July 2017Falanx (FLX) has finally released its results for the year to March 31. The numbers were in line but it is the forward looking statement that is the dazzler. That is not reflected in the share price which came off by more than 10% on the session at 6.75p-7p. We think the market called that wrong and here is why.Total sales last year increased by 50% to £2.7 million. The high margin cyber division saw sales up by 300% to £1 million while Intelligence Revenues were 13% ahead at £1.7 million. This year's numbers will see a continuation of those trends but also the benefits of bolt on acquisitions such as Cloudified from last week and the launch of the MidGard platform. Having made a small gross loss in 2016 the gross profit last year was £548,653. At a net income level the loss was £1.7 million down from £2.6 million. The cashburn from operations - including capex - was broadly similar to the loss.Following a £2 million placing in the sprung the company is debt free and indeed now sits oin a healthy cash pile.The dramatic ramp up in cyber sales and launch of Midgard are the keys to 2018 performance with the company boasting that "Falanx continues to see new clients and opportunities in its' pipeline post the financial year-end. Market conditions remain robust and we view the future with confidence - Strong sales opportunities for all three trading divisions"NE Chairman Mike Read predicts that Falanx will reach breakeven within 12 months given that "market conditions for growth of Cyber Security and Intelligence for the new year are extremely favourable."Our view is that sales in the current year could reach £5 million which would be enough to see the company reporting a small profit while next year on sales of as much as £8 million the profit should be well over £1 million with - given historic losses - a zero tax charge on those gains. Clearly the timing of orders is uncertain so those forecasts should be risk weighted.But the market cap is - at just under 7p - £10.5 million. We would have thought that a forward PE of 15 is far from demanding for such a strong growth play and that implies a share price of well over 10p. On that basis the shares - tipped by us at a 4.25p offer - are, at worst, a strong hold with a target to sell of 10p+
27/6/2017
11:50
hurst10: During this pre result close period , perhaps wise to follow CDW and their various presentations at investor conferences . Cyber security is often a topic being discussed + CDW's relationship with the NHS and the Midgard platform should surely be reflected in the share price of FLX going forward .
25/6/2017
12:58
hamidahamida: Falanx - very odd share price moves ahead of results date: upgrade of stance to BUYBy HotStockRockets | Sunday 25 June 2017Shares in Falanx (FLX) were almost 10p a month ago. The other day they were 6.25p to sell. What on earth happened? What fundamental event caused the company to lose more than a third of its value? Of course there was no such event. Price does not equal value.We gather that there were some speculative longs with the spreadbetters and these were all closed out at 7p causing a flurry of sells at that level as the spreadbetting forms squared their books. How did the shares drift to 7 in the first place? There was no news. The company was in a closed period so could not say anything but just had to sit there and watch its share price crumble.Today we are told that the cyber defence and intelligence provider will be announcing its full year results for the year ended 31 March 2017 on 10 July 2017. That is a reasonably prompt year end to numbers schedule which bodes well - good news arrives on time, bad news is delayed. We spoke to the company ahead of closed period and we are very confident indeed that the numbers for last year will be okay and in-line but that thre statement on trading so far this year will be exceptionally upbeat.We repeat what we said (with the shares at 7.5p to 8p) six weeks ago"At 7.5p-8p the market cap is now c£12 million. The company has a strong net cash position and will be materially profitable at a PLC level this year. It is hard to make accurate forecasts but the shares may well trade on little more than twice, now, current year sales. In this sector and given the balance sheet strength, the fact that the company is going to be profitable this year and the rate of growth that is really too low."Well the shares are now 6.5p-7p so do your pro rata maths. We tipped this at a 4.25p offer. Last time our stance was hold. We upgrade that today: the shares are a buy at up to 7p with a target to sell of 10p +
12/6/2017
14:53
yump: The fallback is there because there isn't anything to support the share price yet, except the share price itself.
09/6/2017
17:49
bad gateway: Hasn't the "new broker" already arranged a placing just a month ago for flx. Turner Pope were the brokers who arranged the £2m placing so highly unlikely they were taken on as joint broker to arrange another a short month later even on aim I'd of thought esp given the co are quoted as stating the reason for the placing was to give them enough cash to complete their path to profitability without interruption. "The Board agree it was in our shareholders' interest to serve market demand for equity in Falanx because it strengthens our capital reserves, accelerates our growth and completes our pathway to full profitability without interruption." https://uk.advfn.com/stock-market/london/falanx-FLX/share-news/Falanx-Group-Limited-Results-of-the-Placing-and-To/74500623 More likely they were taken on as joint brokers as a reward for the highly successful 6.875p placing they arranged whilst the share price was 7.25p imo.
21/5/2017
10:31
kaka47: FALANX Cyber Defence (FLX)Cyber security sector is booming and in 11 months time Gov legislations are coming in where companies will have to protect public data and have cyber protection or face massive fines equal to €20 million or 4% of their global turnover so companies are getting ready for this legislation which is creating snow balling demand, FALANX is one such company benefiting from this massive surge in demand. They have access to 100 NHS trusts through Mersey internal Audit Agency and Audit Yorkshire, with the ATTACK on NHS the listed companies have seen massive demand for SHARES from New Investors. Smart Money has started moving fast in to the listed companies not many are listed. ....................,,Falanx Cyber security market Cap £14 million Reported Revenues £2.7 million Trading on 4.5x revenuesCurrent year 2017Revenues forecast £5 million Forecast to become profitable and cash flow positive In current year 4 years ago Falanx Share price was 60p on jam tomorrow Now they have started to deliver and share price has responded well from all time of 3.5p to Current price of 9.62p Amazingly Market Cap is still £14 million Falanx is still Grossly underpriced
05/5/2017
09:43
hamidahamida: Cyber security stocks M/cap price comparisonECSC M/cap circa £34 MillionAround 9.5 x Revenue Revenue £3.6 Mil (12 month prorata)Falanx M/cap at 7.88 circa £12 MillionAround 4.75 x Revenue Revenue £2.7 Million If we apply the same rating then Falanx share price should be 17pIt's matter of time before market catches up on share price
21/4/2017
14:20
kaka47: cyber security stocks market cap comparison ECSC M/cap is £35 Million? Almost 10x revenue ?revenue £3.6 mil? 12 month prorata ?Falanx M/cap at 7.25p is £9 Million or less then 4x revenue ?Est 2017 revenue £2.6 Million ?If we apply same rating then Falanx share price should be around 20p It's matter of time before before market catches up on share price
14/2/2017
13:45
meganxmas: Should have added that the share option scheme 25 jan 17 looks very fair ... rewards share price growth over sensible periods and strike price close to current share price. Also CEO bought decent chunk in Dec 2016. dyor etc.
Falanx share price data is direct from the London Stock Exchange
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