Defenx Share Discussion Threads

[petebarnes1] 24/4/2018 08:52

Cudmore could not agree more , this has take out all over it watch and learn Shirley

[petebarnes1] 24/4/2018 08:46

the only way is up baby

[cudmore] 24/4/2018 08:46

Shirley’s living in dreamland 😂

[petebarnes1] 24/4/2018 08:42

all buys at 31.5

[petebarnes1] 24/4/2018 08:40

wordog £1 plus

[wordog] 24/4/2018 08:27

Thought i'd repost as a reminder of the fundamentals, £s should read Euros

With the final results imminent and the Defenx 2020 strategy yet to be fully articulated I believe the fundamentals will value this significantly above the current Mkt Cap.

Aware this is very basic but provides a decent high level view of the current situation and potential of the new BV Tech ownership/leadership

FY 2016 Gross Profits £5,847,700

H1 2017 Gross Profits £2,168,554 (we know this plus H2 will be 'materially below' 2016, but the revenue stream will still be in the millions £ - £0.53mil on cloud backup alone already announced)

Assets

Security 5,815,636
Backup 2,381,200
Protection 3,267,092
Other 253,333

Total non-current assets c£11,717,261

Trade Receivables c£4,386,781

Cash position from 24 April c£1.5mil

So with some revenues, but no profit, plus what trade receivables they can recover, plus cash raised and considering assets over £10mil is this company worth £3mil?

Even if you consider the current manning and integration issues I believe that the BV Tech increased ownership will compel them to utilize their own internal resource to turn Defenx operations around in the short term and bring the new products online in the medium.

[wordog] 24/4/2018 08:25

There are no shorts open on this stock

[shirley83] 24/4/2018 08:24

8p dilution.. Where do you think it's going

[petebarnes1] 24/4/2018 08:22

just hold wait and sit back for the rise as it will rise and high

[cudmore] 24/4/2018 08:17

Mm’s still short of stock. Sellers just playing into their hands. Hold for the rewards to come imho

[qs99] 24/4/2018 08:04

it is the volume that may be offloaded at 8p that IMO is the downside risk as it seems well bought at the moment...DYOR

[cudmore] 24/4/2018 08:01

Shirley the shorter.....always appears when the colour goes red on a stock. Hope you get shafted like all the other shorters 😂😂

[1liam] 24/4/2018 08:00

This is a short stock. Indication is it will lose ground......SELL

[petebarnes1] 24/4/2018 07:39

back on way to 40p

[shirley83] 24/4/2018 07:37

Back sub 20p

[petebarnes1] 24/4/2018 07:34

did say always best not to trade prior to 830am , you can tell by mms moving spread that they need stock , bounce back was inevitable.

[cudmore] 24/4/2018 07:30

Hardly any sellers. Buyers will pile back in on this mm’s game that they are about to lose. Clearly they have large orders to fill and will try anything to get some stock. Still a small amount of shares in circulation to trade so they are desperate at any price. Watch it bounce when buyers get in cheap here.

[cygnet4] 24/4/2018 07:27

Flipped 5 minutes ago and can only buy NT now and on way back up. Corrupt as usual.

[petebarnes1] 24/4/2018 07:25

cudmore think you are spot on big shake to get stock , buys now coming in as cheep as chips

[cudmore] 24/4/2018 07:15

Hardly any volume and mm’s drop it 6% to scare holders. Watch the bounce!!!

[cygnet4] 24/4/2018 07:09

Change broker - can buy plenty but sell goes to NT.

[cudmore] 24/4/2018 07:08

Can’t buy!!!!!!

[cudmore] 24/4/2018 06:53

With a broker stating £1.70 as a realist value what muppets would sell these at the moment?? The mm’s are crying out for stock. Don’t buckle....strap yourselves in for the ride!

[wordog] 24/4/2018 06:50

inevitably people will take profits, just depends if theres enough demand for them to get snapped up by new investors taking position for the buy out.

[qs99] 24/4/2018 06:43

I agree, momentum appears to be with it, my only caveat would be when the shares are admitted and PIS sell their 8p shares trying to bag a big profit....would we not see some weakness then? DYOR