Falanx Share Discussion Threads

[nw99] 06/12/2017 09:31

Buying opportunity here

[larva] 05/12/2017 21:20

I wager rights issue soon enough

The longer it takes the weaker the business gets

The less cash it has the less likely any one will give it business in fear of it going bust



Ask yourself one question
In the interims why did they not mention the operating loss in the headline








Loss attributable to equity holders of the company (£)

From (729,760) loss to a loss of (1,011,558)

That was for SIX months LOSS
The lost one million pounds in six months

The only had one million cash at end of September

That means six months from end sept which is THE CASH RUNS OUT IN MaRch!!!

[nw99] 05/12/2017 21:05

No need for cash contract wins on the way

[ochs] 05/12/2017 20:34

No sensible company ever admits weeks in advance that they intend or need to raise cash... but they often still do.

[larva] 05/12/2017 20:25

Methink they habitual liars?

I would refer the right hinourable to the interims released which shows only one million remaining at end of September
And a big loss per month continuing
It must be down towards 700 once this months wages get paid

The share price will go the same way as the cash. Down to zero

[sclper] 05/12/2017 20:04

Well, if you contact the company directly they'll tell you there are no plans to raise further funds

[larva] 05/12/2017 19:35

Accounts will be qualified unless they raise cash

[ochs] 05/12/2017 19:19

I was impressed with the blog by DM, but I do suspect they'll need to raise at least £1m via a placing (hopefully an Open Offer) in the next few months to tide things over and also allow them to provide confidence and reassurance of financial viability to blue chip clients when they are deciding whether to enter into contracts with FLX.

[nw99] 05/12/2017 14:33

Yup those 2in disagreement that's all

[ulvers] 05/12/2017 14:32

eBomber
very old news that has been mainly discredited by TW (and he hasn't gone to jail as far as i know), it was basically a vitriolic act by BMD for a spat he had with TW which ended up with BMD being exposed as an armed bank robber in a previous life! Why do you need to clog up this board with irrelevant nonsense?

GLA

[nearlythere] 05/12/2017 14:20

Ebomber
did anyone every show you how to post a link

[sclper] 05/12/2017 13:37

Thanks. I think good news on new contracts will see it a lot higher than 6p in the short term

[yump] 05/12/2017 12:26

As I said a month or so ago, wouldn't you grasp the opportunity to make money if you knew you had a few thousand sheep that would follow your recommendations and then shapeshift into lemmings on demand ?

... and then of course, the timing will always look good won't it ?

[sclper] 05/12/2017 12:22

Colinzeal - what reasons did TW give for tipping Flx and did he mention the blog by DM?

[nw99] 05/12/2017 11:59

TW said sell way up and now buy his timing is good

[nw99] 05/12/2017 10:51

Awesome bought more

[colinzeal] 05/12/2017 10:22

TW has tipped FLX again today in his video Bearcast. He's spot on with this one - up, up and away.

[nearlythere] 05/12/2017 08:33

I see little point in further speculation, the time frame and expectation have been set by Falanx. Break even by the eoy and substantial news in 13 days, the latter will determine imo if the former will happen. It should also be remembered that even if the news is very good and results in a 100% rise in the share price to 8p, Falanx still be a tiny tiny company.

[sclper] 05/12/2017 08:00

This interview with DM is also worth a listen hxxps://falanx.com/directors-talk-interview-richard-morrell/