Falanx Share Discussion Threads

[john09] 26/11/2017 15:45

You’re just making stuff up. Why don’t you say what your beloved tip sheet ACTUALLY said about FLX this weekend?

[nw99] 26/11/2017 15:37

Buy any dips as contract news expected early new year

[john09] 26/11/2017 14:16

Sub 4p Monday

[opodio] 26/11/2017 13:52

I always liked his sessions on capital radio in the 80s

[hurst10] 26/11/2017 13:50

Look up Mike Read's previous track record with building up companies .Overseas investors are buying Next week we will see strong momentum

[john09] 25/11/2017 08:58

Black Monday

[nearlythere] 24/11/2017 23:43

I hope you are right

[ashtree2] 24/11/2017 21:41

nearly ...quite often institutions sell stock for policy reasons and I am hoping that Ruffer is one of them.Many P.I,s have benefited buying vrs as millions of shares were unloaded pushing the share price to miserable lows around 13p and now after some rather exceptional news we are tipping over 40p.I also hope that Mike Read is a man of little words and much action.Sometimes us investors can benefit from the actions of mistaken institutions.I hope.

[nearlythere] 24/11/2017 20:03

What's to look after, I assume if they consider the share price would double they would have keep them.

[hurst10] 24/11/2017 16:41

Ashtree2 Most of Ruffer's stock was placed same day Moorgate kept some , just upset the competitionHence the decline instrumented by other operatorsRuffer simply did not time or room to look after such a small holding in their portfolio .Look up their small cap portfolioChanged Keep checking the shareholder register

[nearlythere] 24/11/2017 16:22

"Any upgrade to FY revenue est , would have a major impact on the price
Overseas buyers !"

If they get to there own target never mind beating it, it would be a major achievement at this stage.

More of an issue IMO is Ruffer, a long time holder, selling up at these price is a major blow to the any confidence that falanx can hit its year end targets.

The longer there is no news on midgard take up the more this will drift

[ashtree2] 24/11/2017 14:51

Hurst10....so do you have any idea when all the 11million shares from Ruffer will be taken up?As far as I know that constitutes an overhang.Price wont move until that has been cleared.ash

[hurst10] 24/11/2017 14:33

Price steady Would now expect to see the price back at 5.75 by Tuesday Any upgrade to FY revenue est , would have a major impact on the price Overseas buyers !

[ebomber] 24/11/2017 14:22

Probably best to have no exposure to FLX over the weekend. Really surprised no bounce in share price unless others also recognise the "disruptive" business model is broken coupled with the 11 million shares in the sell system.

On significant contract news will be the time to review again IMHO.

Future must be in the balance as the low share price is not conducive to a premium priced fund raising in the near term.

With the 11 million Ruffer shares in the sell system it will be some further days before they are consumed and the share rallies. Suggest end of Jan 2018 signs of a recovery from whatever the future low will be.

[nearlythere] 24/11/2017 09:53

You must be thinking of yourself.

This was all I can find which mentions falanx by name lately, disappointing when they are supposedly " coming out of the shadows" with a new disruptive product. The fact that you call that article ramping, shows just how desperate some are. I read it differently, falanx are so small with so few resources they had to move out of London were they could not compete for staff and go somewhere cheaper.
Does that mean I have sold again:-).

[kaka47] 24/11/2017 09:06

neverthere bought back in and pumping Falanx

[nearlythere] 23/11/2017 18:54

Not really that relevant but it does mention falanx

[martinc] 23/11/2017 07:49

"Midgard orderflow going forward into January revised upwards quite substantially "

By whom? On the basis of what evidence? Just asserting this with no evidence or source doesn't really tell us anything.

[hurst10] 22/11/2017 23:12

Constant buyer at the bid at 4.00
Suspect we will same buyer tomorrow at 4.50
and nice volume on Friday
Midgaard orderflow going forward into January revised upwards quite substantially and new orders being won
Any buyers at these levels could be looking at 50% upside
Keep selling if you want , there are buyers waiting for you

[tini5] 22/11/2017 15:28

"2nd half costs will be tumbling down MidGARD will start generating revenue and company will become profitable"

If it can get there without a placing... cash burn is too high.

[nearlythere] 22/11/2017 15:23

kaka47 back in again must be RAMPING time.

[kaka47] 22/11/2017 15:17

2nd half costs will be tumbling down MidGARD will start generating revenue and company will become profitable "The Board is pleased to announce robust growth and believes Falanx is on track to deliver against markets expectations of achieving profitability in the year."

[nw99] 22/11/2017 14:08

Buy any dips lots of rubbish posted that have nothing to do with FLX