ADVFN Logo ADVFN

We could not find any results for:
Make sure your spelling is correct or try broadening your search.

Trending Now

Toplists

It looks like you aren't logged in.
Click the button below to log in and view your recent history.

Hot Features

Registration Strip Icon for alerts Register for real-time alerts, custom portfolio, and market movers

FLX Falanx Group Limited

0.525
0.00 (0.00%)
29 Nov 2024 - Closed
Delayed by 15 minutes
Falanx Investors - FLX

Falanx Investors - FLX

Share Name Share Symbol Market Stock Type
Falanx Group Limited FLX London Ordinary Share
  Price Change Price Change % Share Price Last Trade
0.00 0.00% 0.525 00:00:00
Open Price Low Price High Price Close Price Previous Close
0.525 0.525
more quote information »

Top Investor Posts

Top Posts
Posted at 09/12/2022 14:16 by z1co
This will multi bag in 2023:

Outside of our pipeline, we have several large-scale opportunities advancing with major global technology providers (both new and existing relationships) to partner as part of their Cyber go-to-market plans. As ever these opportunities could be transformational for Falanx, and we look forward to updating on these as they progress.

You must have lost a lot of money in FLX hence the bitter posts.

I suggest you learn from your mistakes instead of having a go at other investors.

You're making a fool of yourself.
Posted at 08/12/2022 07:42 by clocktower
Cash at end September £1.96 and that includes the Boost loan of which £1.5 million is set aside and has certain restrictions. They also mentioned a number of factors and options that could include turning to investors if extra funds were required.

However as you say Wololol orders are increasing and it seems they might have a partner in some form or another in due course.
Posted at 22/11/2022 08:29 by z1co
All 3 of them clock ,yump and dave45 are all very sly and desperate to buy the shares again because they sold their punts (their words).

They all post lies to scare other traders/investors in to selling their shares so they can buy slightly cheaper.

Smelly clock is the worst one , this dog starts barking at 5.15 in the morning on the forum.I mean is he a troll or is he nasty dog.

I'm not sure any more.
Posted at 19/11/2022 14:55 by clocktower
Wololol, first and foremost “Assume” nothing, the way I read it was they sold five with a “Total” minimum value of £200k not each, I am happy to be corrected by a representative of the company, if I am Wrong I will correct my “Assumption221;.

As you know they often write these things poorly without intention to deceive or on occasions some have been known to write RNS in a manner that can be misconstrued, and are picked up by investors that are desperate to see the shares recover and even dig themselves into even deeper holes, and some fortunately do hit gold at the end of the rainbow but most just end up with even greater losses, many because they want to believe what they think they have read, and it is only when they become aware of the possibility of a serious mistaken conclusion do they realise what a deep hole they have dug for themselves. Regrettably it is often people that cannot afford to take big hits that get stung by smart pushy salesman or BB warriors, often acting for another party.
If you want a very good example of questionable practices by directors of listed companies, you just have to go over to the LVCG thread and read the history of the MD and listen to the various investor presentations he has made, to really understand how these threads are manipulated. Also look at some of the posters from 2021 and how they ramped it to 13p leaving a lot of investors way under water, often stating how brilliant the boss was. It’s all about knowing when to jump on and off the escalator, even if you think you could have profited more it’s better to walk away with your money intact or even with a small profit.

It does not bother me if my punts go wrong as it’s like putting a few hundred on a horse at the races - it’s exciting when it’s in contention but deflating when the nag falls but you walk away and back another four legged friend.

Some people enjoy seeing investors lose money and often boast about how successful they are but if truth were know, are little more than jumped up barrow boys and girls that will never become Tesco or M&S owners or for that matter Elon Musk but are more likely to end up sentenced to years in jail, like Elizabeth Holmes.
Posted at 19/11/2022 10:28 by clocktower
Z you don’t need to pretend to me what you have or have not paid for stock in this, or how you intend trading them, that is entirely your business but if you still have the shares when the consolidation occurs then I wish you luck but if you think you’re constant repeating of the gush the directors churn out, in the hope that you can find other gullible investors to follow you and not just wait and see if the company succeeds as you state you think it will, and if it does, you know full well the share price will follow the fortunes of the company if shareholders trust the directors not to take huge bonuses (as they have done in the past) or pay themselves huge salaries while the share price sinks, so they get to a stage that they feel it is advantageous to consolidate the shares because of their failings or their greed.
It does not require you to pump the trash they have to date but all well and good to take a position and let it ride and discuss the range of possibilities with posters that have a different perspective of the company and come up with compelling reasons to support your view.
It might turn out well for investors but they might face a lot more dilution to raise funds for whatever the directors want to say the money is for. You have to accept there are many possibilities that you have no control about whatsoever, like the shock consolidation RNS.

Just warn people of the risks of investing in sub penny stocks like this and then if they fall into the trap, it is entirely their own fault.
Posted at 18/11/2022 15:42 by clocktower
W - you might temp Amati Global Investors Limited to sell another chunk. Slowly slowly.
Posted at 18/11/2022 08:31 by yump
Zico

Criticising the company is not trolling.
Hurling vitriol at other posters is.

You seem unable to even consider anything negative here and thats your problem. Unfortunately other investors can see the track record of the business, so good luck with the “this time it might be different” approach.

For your own sake try to recognise facts - like the cash balance NOT being the result of a nice profitable business.

I’m sure there will be chart watchers who will send the price up off what seems to be the bottom and in that case what the business does or has done will be irrelevant for a while.
Posted at 15/11/2022 21:39 by wololol
That's good news. Usually more appealing spread and easier to attract new investors. Seems like they are looking at everything to bring back shareholder value. Would not be surprised if this was the new Director William idea to get new investors on board.
Posted at 15/11/2022 10:46 by z1co
18/10/2022 the company appointed William Kilmer as an independent Non-Executive Director and Richard "Rick" Flood as an Executive Director and with immediate effect.

This shows the intent by the company grow the business aggressively in the current financial year.

They will provide more information next month at the time of their Interim Results.

Falanx Group Limited, an AIM-listed cyber provider of market-leading cybersecurity services, has appointed veteran cyber entrepreneur and established venture capital investor. William Kilmer, as an independent Non-Executive Director.

The appointment is a major statement of intent for Falanx, who aim to use William’s long-standing experience operating at the intersection of cyber and venture capital to turbo-charge its business growth strategy. By driving the adoption of Falanx’s core business offerings such as its fully managed, 24/7 Security Operations Centre (SOC).

William Kilmer, Falanx Group Ltd. Non-Executive Director, noted on his new role:

“I’m really excited to be working with Falanx Cyber, the managed security services offering is critical to the industry providing customers with expert talent backed by world-class technology for our customers to mitigate risk.

“I look forward to driving growth and investment to expand Falanx Cyber’s services offering to enable more UK businesses to gain the cyber protection they so desperately need.”

Cyber security is a growth market in the United Kingdom and has become a hard to abate sector due to our advanced digital economy. The sector demonstrated double-digit growth in 2021. According to a UK government report, the sector’s revenue grew to more than £10 billion for the first time, and external investment into the sector grew to over £1 billion, raised by firms across the UK. The appointment of Kilmer was made to tap into this upward trend.

In his twenty-five-year career in the technology industry, Kilmer has founded, operated and invested in dozens of businesses across the world, specialising in cybersecurity, wireless, and data analytics companies. He will split his time between Falanx’s board and current role as a senior advisor for investments company Gallos.

Prior to joining Gallos in September 2022, William served as a managing partner at C5 Capital, a specialist venture capital fund investing in cybersecurity, cloud infrastructure, applied data analytics, and space economy companies.

Speaking on the announcement, Alex Hambro, Chairman of Falanx Group Ltd., commented:

“I am delighted that William has joined Falanx. He has extensive experience in the cyber security sector, in both investor and operational roles, and can practically support the development of our cyber security business, as well as providing further corporate governance expertise.”

Kilmer will join the Falanx Group board alongside Rick Flood, who will now serve as Executive Director to the board.

Rick Flood has been Managing Director of Falanx Cyber since 2019. Since taking responsibility for the division, Rick has been instrumental in driving the transformation of the cyber offering and spearheaded Falanx Cyber’s return to profitability in H1 FY22. Rick has more than 30 years of software sector experience, in a variety of roles including executive positions in both private and public companies.

Alex Hambro, Chairman of Falanx Group Ltd., concluded:

“We are also pleased to welcome Rick to the board. Rick possesses long-held expertise in delivering contract wins and revenue growth and has made a huge impact on the expansion of Falanx’s pipeline of new client opportunities.”;

Both appointments were taken with immediate effect.
Posted at 08/11/2022 12:22 by wololol
Clock what you have to remember is the share price would not be down here if it wasn't for Amati selling a few. Hence this is bargain territory for the retail investors. Amati only have £230k worth of shares. They have skimmed virtually all their positions. If they want to sell let them sell they will be selling at a loss. What you have to think about is what the true value of the company is which is certainly not £3million. Long term mind set this is worth about £10million on current metrics. The other institutions have not old a bean and a new non exec investor now on board. He will probably get 1 or 2 new insti investors on board to place all the Amati shares if Amati so want to sell. All I know is I'm buying a massive position here and the rewards will be huge. December interims due in 4 weeks should be very bullish and the share price could rerate from there.

Your Recent History

Delayed Upgrade Clock