Falanx Share Discussion Threads

[wedward] 20/11/2017 09:47

probably, sorry but the sale threshold declared was 9% to 0

[gilamnstr] 20/11/2017 09:45

It’s not a typo. The TR1 says there are 157 mil is the total number of voting rights of issuer. At the bottom of the TR1 under Additional Info it says “Ruffer LLP does not control any of the voting rights of Falanx Group Ltd.

This change from 9% to 0% is due to the sale of 11,095,130 shares on 15 November 2017.“

[ashtree2] 20/11/2017 09:31

wedward,,there are only 157mil total shares in issue...its a typo

[j777j] 20/11/2017 09:31

Likely traded through a dark pool where nobody else gets to see the trades.Someone clearly bought them albeit at a 45% discount to pre rns

[wedward] 20/11/2017 09:26

I can only see LSE trades but how the hell did Ruffer sell 157mln shares last week when only 140mln odd shares traded and some of them must have been buys!

What price did they get? I guess we should expect another announcement reflecting at least a new +3% interest

[ashtree2] 20/11/2017 09:23

So anyone have any idea why there has been no rns stating where the 10.65 million have gone to.?

[ashtree2] 20/11/2017 09:17

the patient...must be an error as in total flx has 157million shares.Ruffer held 7% until last week.They sold 11 million and so far we dont know where they went.Read bought 350,000.

[nw99] 20/11/2017 09:07

Great sellers cleared

[the patient investor] 20/11/2017 09:07

somebody got rid of a staggering 157 million shares or am i missing something?

[yump] 18/11/2017 13:09

Well that adds nothing about disruption or how MidGard might be unique.

I think we should just settle for the possibility that it might be a good package, not offered by many others at the moment at the price (which is supposedly significantly cheaper). Also I don't think there will be an incentive for any larger companies to offer anything cheaper than they do already, unless the MidGard package starts to get traction in the market.

nearlythere

Very few, if any, products sell themselves, however good they are - that's a false cliche that's not borne out in practice.

I was party to a sacking once, where the salesman kept coming back into the office puzzling over why our new product wouldn't sell, as it should sell itself. He was actually just rubbish at selling.

[euclid5] 17/11/2017 21:14

4: How would you describe MidGARD and why is it revolutionary?

A4: We have previously used other software available from other companies to do our monitoring capability and there are a number of these companies out there but, to our mind, none of these really seemed to fit our customer needs, we therefore developed our own advanced threat detection platform called MidGARD.

Why is it special? Well, it uses big data, cloud technologies and other active learning capabilities and we launched this last month at the Ethical Hacking conference. It’s been very well received by the country and it will provide us with good recurring revenue, as I described earlier, but it will also reduce our running costs because we will not have to buy the software from other providers.

Q5: In terms of corporate development, we noticed you’ve been quite acquisitive, what is the strategy going forward?

A5: Yes, Falanx Group have bought, over the last year, a couple of companies really to help us on the cyber side, on the consult so the bit I described earlier where we go in and help people understand what the possible threats are. So, we bought a couple of companies to help us progress that and make that an independent, a separate entity for us to grow so there’s been two acquisitions there.

We bought another companies which has got some interesting intellectual property which has really helped us advance MidGARD and the success of that made it successful that we launched it, as I said earlier, at the conference.

So, going forward, to answer your point, where appropriate we’re still looking for further companies that we can add to our consult and assessment side of the business, I see both of those as on-ramps to our monitoring capability which is where the nice recurring revenue is.

hxxps://www.directorstalkinterviews.com/falanx-group-ltd-qa-ceo-chairman-mike-read-lonflx/412740233

[nearlythere] 17/11/2017 19:23

Yump
The technical press ( most of them) should be able to determine the disruptive nature of Midgard after 10 minutes with Falanx engineers. If the product was disruptive Falanx management would have been having open days for the technical press to see their engineers in the new cyber offices demonstrating midgards disruptive features. The fact that this does not seem to have happen is not an oversight imo. Midgard has been ignored this indicates Imo that it is standard software nothing special but offered in a different package.
Now perhaps the Midgard package will sell, depending on price andthe sales team but that Imo is not how Midgard was presented and truely disruptive products sell themselves.
It should also be remembered that there are a lot of very large companies able to replicate any package that is not patented.

Smith76
Please do not agree with me as it only weaken my case. Any word yet on finding the disappearing NHS contract post,that only you saw and then vanished including the BB posts number

[yump] 17/11/2017 16:37

nearlythere

Don't know if you read my earlier post but having thought about it I'm not expecting press reviews now, as MidGard is a package of stuff and therefore reviewing it in any way would require installation and experience with it, inside an organisation.

Its not like something a business SME can just buy and install - its part product and part service - just packaged up under a kind of brand name, which makes it easier to refer to.

Might possibly expect a bit of press comment somewhere, but I think it would be just the same stuff that FLX put out, unless someone really goes to town on the detail.

[j777j] 17/11/2017 11:31

Vast majority of products getting press coverage is because they paid for it.Mid only just launched,initial feedback appears strong.Steady as she goes.

[colinzeal] 17/11/2017 11:15

Respect your views; it takes different opinions to make a market and it's clear that there is a big Bear case hanging over the stock at the moment.. However, as I've stated before, this isn't the type of thing that's going to appear in the mainstream press - it's a very niche area where word of mouth and contacts counts for a huge amount. Time will tell on who's right but I'm still hopeful of major contact news before the year is out...if I get it wrong I'd gladly hold my hands up! :)

[smith76] 17/11/2017 10:52

Well said nearlythere

[nearlythere] 17/11/2017 10:41

Sciper
As far as i can tell there have been no independent press reports on Midgard which for a disruptive product in surprising.

Colinzeal
I have never known a company to invest in a product that it did not expect to sell or thought would fail, so of course they think Midgard is disruptive and will sell.
The question that has yet to be answered is, have they got it right?.
So far is seems not. Something disruptive is rare and normal gets a lot of attention in the appropriate press but midgard seem to have been completely ignored so appears, at this stage, to be nothing special.

[yump] 17/11/2017 10:17

sclper

I haven't seen any and I've been looking a lot.

However, as the actual sale is not just a plug-in bit of software (its a mix of the monitoring and the operations centre), then I'm not sure that it will reach the tech. review websites or publications as a reviewable product.

So verification news is I think dependent on clients, or Stone or some other case study appearing, which won't happen until there are some contracts.

[sclper] 17/11/2017 10:03

Is there any third party verification that MidGard is a good product?

[yump] 17/11/2017 09:55

I have never seen so much nonsense posted in my life.

By the look of it most of you won't actually know what any announcements mean positively or negatively, as you just follow the share price, not the product and not the business.

If its disruptive, it doesn't need director buys, it needs director sales - of the product.

If directors are buying to prop up the share price - that is a sell for ever signal.

[scotty1] 17/11/2017 09:54

smith76 much better for folks to AVOID your posts as you seem very naive.

[smith76] 17/11/2017 09:49

Avoid so we don't put money into Toms pocket as he exits and yet again causes the share to crash.