Falanx Share Discussion Threads

[kaka47] 01/4/2018 14:45

Management knows it's a none brainer

[hamidahamida] 01/4/2018 09:23

On what basis the management awarded themselves options when the share price has gone backwards or is it bcz they think the share price will rocket this year and they want to cash in, the size of the options award is indicating towards this..Next update is also very important for me as a long term investor and I am hoping for a detailed update on MidGard, customer signup and the indication on the size of the pipeline what are those exciting things that they mentioned they were working on

[lucicavi] 31/3/2018 19:38

eBomber26 Mar '18 - 13:46 - 4768 of 4789
0 1 0
Should expect some tax planning impacting this dog over next 7-8 trading days.

Sell to crystallise loss and offset against gains elsewhere.





Good point

[ashtree2] 31/3/2018 18:31

nearly....didn,t the directors load up at 4.5p ?why would they want to pay more?just a thought.

[nearlythere] 31/3/2018 11:10

Hamid
i accepted that management statement and it seemed to be confirmed by the large contracts. However it seems they have been unable to convert the pipeline into some signed contracts.

Please answer this.

Why would an experienced management team issue 100,000,000 shares @ 4.5 a few weeks before announcing major contract wins and break even, which imo would add at least 2p to the share price The fact that they also raised > 1,000,000 cash at this low share price points to imo lack of cash.

[rathean] 31/3/2018 07:57

Momentum and pipelines does not equal sales. Double speak for hope and wishful thinking. I keep lowering my buy back in from 4.5 to 4.2 but the last fund raise was naughty poo old man.Still, a couple of flowery RNSs and there is 30% upside from here, but this is a far riskier punt now than a few months ago imo. Roll the dice.

[hamidahamida] 31/3/2018 06:57

Mike Read, Chairman and CEO, commented: 20-12-17"Since taking over as CEO and conducting a far-reaching review of our business, I am pleased to report Falanx continues to grow and remains in-line with the Boards expectation to move into ...break even ...within our financial year.BREAK EVEN IT SHOULD REALLY HAVE HAPPENED BY NOW PRE CLOSE UPDATE SHOULD SPREAD SOME LIGHT ON THIS

[kaka47] 29/3/2018 19:32

Lying manipulating is your forte you are known for hard deramping to get your kick and you will disappear soon

[ebomber] 29/3/2018 16:44

kaka47
No need to deramp FLX. The company are doing a better job than any insignificant poster could ever do.

+ Promise of profit / breakeven in 2017/18. Lets wait and see, proof in the numbers.
+ Contract announcements (require circa 21 before financial year end)
+ Fundraising and dilution after a week of company ramping where if patience can buy lower a fortnight later and further to fall on subsequent placings
+ Ill judged options at a price that will never be achieved. Price just indicating hope value to mislead investor.

A number of promises broken. Simply suggest wait until Sep/Oct 2018 when promises delivered and then invest.

Otherwise a "health warning" that with another placing this will drop to 2 pence.

[kaka47] 29/3/2018 16:33

Contract News SoonMike Read, Chairman and CEO, commented:"I am delighted to report the continuing sales momentum of our highly regarded MidGARD service, further enhancing visibility of recurring revenues over the next three years. Our pipeline of similar opportunities continues to grow and I look forward to announcing further contracts in the near future"

[nearlythere] 29/3/2018 15:08

Looks like kaka47 bought some back

[kaka47] 29/3/2018 13:07

Cracking pre close update next week

[kaka47] 29/3/2018 12:57

Interesting to see how u are panicking

[nearlythere] 29/3/2018 10:52

Sciper
The management priced the shares @4.5p.

If the lack of contract news is confirmed by the update (actual signed contracts required, not talk of pipelines) then IMO the cash burn for the larger company may be >300k per month for some time, so then 2.5p and imo another dilution of 190,000,000 shares @2p around June/July.

If things are going well then update will be full of useful figures (cash burn, number and amounts of contracts signed), if not it be full of the usual fluffy nonsense (billions here, billions there and jam tomorrow)

[sclper] 29/3/2018 09:56

The market cap is now £11million. I don't think many investors would be willing to take the risk unless the market cap falls significantly from here.

[nearlythere] 29/3/2018 09:26

Hamid

Blaming posters on this BB for de ramping seem a little much. The management raised expectations a few months ago that shareholders at this stage would be discussing large contracts that pointed to break even but instead it is all about massive share dilutions, huge management incentives and possible further fundraising.
The fact the share price is 4p is due to management not any posters here.

[hamidahamida] 28/3/2018 22:44

You need to work bit harder at deramping perhaps you've stopped believing your own BS

[ebomber] 28/3/2018 10:29

Provides independent analysis of share price trend. Long, intermediate and short term all predict DOWN.

hxxps://lse.swingtradebot.com/equities/FLX:LSE

[kaka47] 27/3/2018 14:25

Preclsoe update due soon

[nearlythere] 27/3/2018 09:27

Looks like KAKa47 has moved on to greener pastures

[kaka47] 27/3/2018 07:10

Biom Technology STILL CAPPED BELOW 10 millionAfter these cracking results Highlights -- Substantial increase of 36% in Group revenues in 2017 to GBP6.2m (2016: GBP4.6m) -- Growth in both Bioplastics and RF Technologies divisions -- Group EBITDA profit of GBP0.1m (2016: EBITDA loss of GBP0.2m on a like-for-like basis) -- Gross margins robust at 50% (2016: 51%) -- Cash generation takes Group cash position at 31 December 2017 to GBP2.3m (31 December 2016: GBP1.5m)Paul Mines, Chief Executive Officer said:"The Group has made substantial progress throughout the year across both divisions which resulted in an EBITDA profit for the Group. Strong demand across the RF division's existing product range and the change of public perception on plastic waste provide a supportive environment. As a result, the Board is confident in the Group's outlook for 2018."