Falanx Share Discussion Threads

[kaka47] 08/9/2018 09:30

Cash Balances of 900,000 at the year end are sufficient there is no need to raise money the company insists NO CASH NEEDEDFor the current year expect sales of 7 Million and Free Cashflow Generation an EBITDA of circa 200,000 to 300,000.

[kaka47] 08/9/2018 09:23

NO CASH NEEDED For the current year we can expect sales of 7 Million and Free Cashflow Generation an EBITDA of circa 200,000 to 300,000.

[opodio] 08/9/2018 08:49

Funding issues for sure kakamanger

[nearlythere] 07/9/2018 11:58

Well i did ask

[kaka47] 07/9/2018 11:21

NO CASH NEEDED For the current year we can expect sales of 7 Million and Free Cashflow Generation an EBITDA of circa 200,000 to 300,000.

[kaka47] 07/9/2018 11:17

NO CASH NEEDED ABOUT TO FLYHAPPY DAYS

[kaka47] 07/9/2018 11:16

NO CASH NEEDED SHORTERS WILL BURN GET OUT STILL TIME CUT YOUR LOSSES

[kaka47] 07/9/2018 11:15

NO CASH NEEDED SHORTERS WILL BURN GET OUT STILL TIME

[kaka47] 07/9/2018 10:46

If you are not invested move

[kaka47] 07/9/2018 10:45

for the current year we can expect sales of £7 million and an EBITDA – and free cashflow generation – of c£200,000-£300,000.

[kaka47] 07/9/2018 10:45

cash balances of £900,000 at the year end should be sufficient, there is no need to raise additional equity and the company insists that the outlook is bright:The Board has received favourable indications from our most significant partners and vendors that our strategy to scale our security services is appropriate and will be supported. As such, the Board targets a much-improved financial performance for this year. So what does that mean in hard numbers? It is here that we are disappointed. It is disappointing that many, if not all, of the synergy cost-savings from the acquisitions have been reinvested in new sales and marketing. Thus we were hoping for profits of up to £1 million this year but it is not going to happen. Instead, for the current year we can expect sales of £7 million and an EBITDA – and free cashflow generation – of c£200,000-£300,000.

[kaka47] 07/9/2018 10:44

cash balances of £900,000 at the year end should be sufficient, there is no need to raise additional equity and the company insists that the outlook is bright:The Board has received favourable indications from our most significant partners and vendors that our strategy to scale our security services is appropriate and will be supported. As such, the Board targets a much-improved financial performance for this year. So what does that mean in hard numbers? It is here that we are disappointed. It is disappointing that many, if not all, of the synergy cost-savings from the acquisitions have been reinvested in new sales and marketing. Thus we were hoping for profits of up to £1 million this year but it is not going to happen. Instead, for the current year we can expect sales of £7 million and an EBITDA – and free cashflow generation – of c£200,000-£300,000.

[kaka47] 07/9/2018 10:43

Substantially increased and diversified customer base across all lines of service -- Creation of new cyber service lines: MidGARD Monitoring; Threat Awareness Training; and Red-Team Testing -- Significantly strengthened management team -- Continued proprietary cyber technology development Post Period Highlights -- Monthly recurring revenue at the end of July 2018 has increased to GBP0.24m -- Recent acquisitions combined with contract wins have approximately doubled proforma revenues to GBP6m, placing the business in a strong position to exploit growth -- EBITDA Profitability in July 2018 following strong deliveries -- Acquisition and integration of trade and assets of First Base Technologies LLP, providing significantly increased Cyber Assessment and Awareness services, progressing well with orders up by 25% since the start of January 2018 versus the prior year

[kaka47] 07/9/2018 10:42

MidGARD revenues have gone from 0 to over 1 Million and growing fast just relax

[nearlythere] 07/9/2018 10:00

KaKa47
If you have anything to back your "Trading update NO CASH NEEDED " let us see it.

But back in the real world even your mate tom is looking at mid 2019 before breakeven so still burning cash and IMO think his numbers are far too positive

May 2017 6.75p
march 2018 4.5p
Today 3.5p

join the dots

???? 2018 2.5p or 3p

No contracts = no money, 12 months ago they release midgard the disruptive product today allit has disrupted so far IMO is shareholders value.

Talk is talk the question was show us the money and all they did was talk again.
Remember words like breakeven, highly advance, near future, game changing etc.
IMO we may be hearing them all again with of course the words please buy 200,000,000 million @3p
The next couple of rns be very interesting.


All IMO DYOR

[kaka47] 07/9/2018 09:15

SBomber Your silence is deafeningLol

[kaka47] 07/9/2018 09:06

Muppets bail now, save yourself money you know I am rightit won't go down by wishful thinking

[kaka47] 07/9/2018 08:59

Trading update NO CASH NEEDED MUPPETS WILL GET IT

[kaka47] 07/9/2018 08:58

You lot are going to get burnt seriously get out

[ebomber] 07/9/2018 08:19

kaka47

Your silence is deafening!

Maybe it should simply read "IMHO trading update leak no cash needed"

[opodio] 07/9/2018 07:58

19 days until the wages and rent have to be paid