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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Falanx Group Limited | LSE:FLX | London | Ordinary Share | VGG3338A1075 | ORD NPV (DI) |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 0.525 | 0.50 | 0.55 | - | 0.00 | 01:00:00 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
0 | 0 | N/A | 0 |
Date | Subject | Author | Discuss |
---|---|---|---|
31/1/2018 14:58 | superg1 - i'd be interested to hear what you manage to dig up. The main thing here is there was a big increase in cashburn shown in the interims, due to the development of Midgard, but apparently this will reverse/be greatly reduced in H2 | sclper | |
31/1/2018 14:31 | massive development write off of midgard as they havent sold any in first six months? | albanyvillas | |
31/1/2018 14:26 | Aha Yes this line New GBP2 million contract close to completion; further GBP18.5 million contract pending -- Acquisition targets identified Did it ever come to pass, will have a look. | superg1 | |
31/1/2018 14:24 | This was POS last time I looked (some time back) so I'll dig in re the claims and see if they stand up. Will report back when done. Wasn't the same being said here at 60p? | superg1 | |
31/1/2018 10:55 | Who confirmed that? | sclper | |
31/1/2018 08:31 | Looks like there maybe no update at all. Imo With aim companies silence is rarely golden. | nearlythere | |
31/1/2018 08:10 | lucicavi - yesterday you wrote: 'why no midgard contracts and has tech head resigned?' what makes you think he resigned? | sclper | |
31/1/2018 08:04 | Allison Nixon, director of security research at Flashpoint. Her views on IoT malware and the challenges ahead are worth a read. krebsonsecurity.com/ | kaka47 | |
31/1/2018 08:03 | Well I had a freaky realistic dream about Alien spacecraft appearing last night, so no so bothered about FLX for the moment. Probably brought on by all the talk of the Super (Blue) Moon ! | yump | |
31/1/2018 07:47 | Cash running out tho A contract worth 10k a month wont save it 2 month cash left placing coming imho, dyo | albanyvillas | |
31/1/2018 07:46 | We all waste our time on the BBs!!!!!!!! | sweepie2 | |
30/1/2018 23:08 | What are you going to say to your children on your death-bed ? "I wish I'd spent more time posting the same thing over and over on a bulletin board" Quite sad really isn't it ? | yump | |
30/1/2018 22:56 | Extract from FLX September 2017 Interims 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. Period Highlights Financial -- Continued growth across all service lines with significant growth in revenue year on year o Group Revenue +18% increase o Cyber Revenues +40% increase o Intelligence Revenues +9% increase -- Cash balance of over GBP1m on 30(th) Sept 2017 (Sept 2016: GBP0.8m) -- Balance sheet entirely equity financed and debt free -- Placing of GBP2m of equity in May 2017 used to undertake acquisitions, seed the development of MidGARD and augment growth Cash burn appears to be at a rate of some £1 million every 4 months (£250,000 per month) based on companies own calculations. If £1 million cash balance on 30 Sep 2017 and no significant revenue then placing due in next 4 weeks (18 trading sessions). Keep your powder dry and pick up some cheap stock at sub 4 pence in next month. They clearly need another £2 million in the very short term. Look forward to reading that RNS! Time will tell..............di | ebomber | |
30/1/2018 14:25 | So what do you think a client would expect to get in the way of an indemnity, in the case of cyber ? | yump | |
30/1/2018 14:04 | And yes I know that. | paddyfool | |
30/1/2018 14:04 | In the event it goes wrong the companies insurers will pay, but they will go after the supplier if they can. Procurers always and I mean always want to know what cover you as the vendor have and always enshrine it in the contract. | paddyfool | |
30/1/2018 09:41 | Do you actually know that ?. I haven't checked but would have thought that, like many other services, a business is insured against failures by its own insurers, provided that they can show they have risk-limiting processes in place and have followed them. | yump | |
30/1/2018 09:36 | So if you are contracting to provide enterprise scale cyber protection you will be providing indemnities and the like. You will need to prove that you have the appropriate cover or backing. | paddyfool | |
30/1/2018 09:18 | why no midgard contracts and has tech head resigned? | lucicavi | |
30/1/2018 08:22 | So do you know whether they operate or not ? | yump | |
29/1/2018 23:51 | They don't offer a service just a utility | paddyfool | |
29/1/2018 23:24 | Do guarantees or indemnities operate in this space ? Consumers certainly don't get any from McAfee, Kaspersky etc. | yump | |
29/1/2018 23:15 | The other thing to remember here is this. Falanx do not have a product that is market dominating and unique. Others will and do claim this space. The space is fertile and competitive. So how do you persuade a blue chip buyer that your product is the best and least risky? Well one of the things you need to do is to provide indemnities that put your money where your mouth is. I.e. we put into the contract a sum which matches your promise in the event that the product fails . So when we are talking about the possibility penalties we should also talk about the need to underwrite those n behalf of the customer. In that regard who would take a massive contractual indemnity against a cash strapped start up? You may well say that they are insured, or should seek that, but that in itself is very expensive and hard to come by. | paddyfool |
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