Falanx Share Discussion Threads

[hurst68] 14/8/2018 13:02

Suspect Management will take advantage of today's share reaction and buy more shares.

[superg1] 14/8/2018 12:03

TW

Was saying profits would be reported and many fell for his lies ....... again. He made a bet that profits would be reported lmao.

Yep OBT too been pumping that all the way down.

[onjohn] 14/8/2018 10:06

A placing at 2p diluted the potential and will be a dead weight for months

Likely to have been sold down today in advance by those who are buying in the placing I suspect

[christopher logsdon] 14/8/2018 09:57

I remember TW saying this was a speculative buy coming with some risk

[onjohn] 14/8/2018 09:42

TW will be buying the placing shares at 2p and ramping

[onjohn] 14/8/2018 09:40

Cash down to £0.9m


Post period cash must be down to nearly nothing

Another placing soon.

[onjohn] 14/8/2018 09:38

Lights will go off here in a month without a fund raise

[nearlythere] 14/8/2018 09:28

itworks 22

Please supply the info on the massive cash pile.

IMO it seems to me they are running out of cash

They raised 4.6 million march of which i think they paid 3.4 million for first base that left approx 1 million after costs

From the results rns

Cash and cash equivalents at end of year 914,961

The question is how much is left now after 5 months

[pj 1] 14/8/2018 09:09

No probably REAT which is -33% as I type

[monkeymonkey] 14/8/2018 09:05

is TW still saying this is a screaming buy or is that his other one OBT lol,

[pj 1] 14/8/2018 08:48

As the CEO states '' Falanx team, who have worked unfailingly, energetically and not least with a fair amount of good humour during a year of major progress''

Interpretation. ''We have almost died laughing at, and enjoyed, taking the p*ss out of shareholders.''

[itworks22] 14/8/2018 08:40

The report is a long read but contains some hard facts such as the replacement of their Cyber division's entire sales team - this shows the tough direction now coming from the top - namely Mike Reid.

They've bought new customers via First Base - that division now has 250 clients (2017 50) giving them the means to sell more services but importantly to gain working experience of their new services such as Midgard. You need clients to teach you what you can sell to them and give confidence to sell to new clients.

They have a massive cash pile from this year's placing and like August is the silly month for news - so it is to suggest Falanx needs another placing.

[nearlythere] 14/8/2018 08:30

Kaka47
imo just more jam tomorrow statements, plenty of cash, really!, we will see, I think the analyst meeting maybe more about preparing the ground for another fund raising.

[rathean] 14/8/2018 08:29

Cutting away the usual flowery language I can see one more keep the lights on fund raise before b/e. Having said that they are building momentum, reoccurring revenues last month and going forwards are ebitda neutral and more importantly the business is debt free.I don't buy the forward looking statements, this bod over egg their pudding with every rns but despite that they are growing revenue, margins and customer base.Happy to hold and would participate in a fund raise if they offer it to PIs. All imo dyor ofc.

[amt] 14/8/2018 08:27

Well that didn't go well. The increase in intangibles is customer relationships through acquisitions. Question is what acquisitions.

[kaka47] 14/8/2018 08:24

Scaremongering

[nearlythere] 14/8/2018 08:23

i wonder how many analysts will turn up for the meeting.

[owenski] 14/8/2018 08:22

Those results contained so much flannel, achieved ebitda positive for July, that covers over all the rest of the insipidness and hopes to blind the muppet PI's.

[kaka47] 14/8/2018 08:22

Opportunity to Buy buy buy at cheap My medium term 60p target stands Revenue running over 6.1 Million Plenty of cash no worries Should make over 1 Million profit this year

[viking01] 14/8/2018 08:16

Buyers waiting

[viking01] 14/8/2018 08:11

You should look at cash flow going forward and not one of payments Cheap stock to acquire this morning

[the lah] 14/8/2018 08:11

Kaka is your 60p prediction the actual yearly profit they may make in the future?

[nearlythere] 14/8/2018 08:04

Losses continuing and increasing year on year
No more contract news
Usual jam tomorrow
They had a good month in July, possibly the reason for the delay
Imo still burning cash
Cash call coming soon
Fair value 3 p
Very poor results
All Imo dyor.

Expect sub 4p today.

[jailbird] 14/8/2018 08:02

Where are the rampers!