Falanx Share Discussion Threads

[yump] 03/12/2018 11:15

You would think that some of these BOD's would have a little pride wouldn't you.

But clearly its a lot easier to keep wording RNS's, running roadshows and appearing on investor interviews while using other people's money, than it is to use your own, mortgage your house and then eat humble pie at the bank to try to get another year's loan extension.

[rathean] 03/12/2018 10:53

Agreed, I only have a tiny holding here now and that's written off. Constant misdirection and flowery rns destroy trust, almost has that tern feeling about it, although at least this lot are generating some money but miles from sustainable subscription revenue.

[colinzeal] 02/12/2018 21:34

A while back I could have given you a really impressive "two-minute drill" on why this was a stock to get excited about, but after endless failings, broken promises and a chronic lack of delivery I have no bull case left here. You can go on about "hot sector" and that but to me you may as well be flushing your cash down the toilet. Until I see some MEANINGFUL revenues this is going sub-3p again imo.

[paddyfool] 02/12/2018 12:29

Opodio, those institutional investors will be in it for the long haul. There were no private investors in the last round. So there is nothing the market is awash with.

[opodio] 01/12/2018 21:47

Massive supply at 3p from the many millions of shares placed at 3p and many will be trying to get out
could be stuck below 3p for years
only compounded by cash burn which remains too high

[opodio] 01/12/2018 18:15

one billion share in issue, market awash with stock imho


Full Moonie party time will be under 3p as the placees at 3p try to get out before theyre locked in LOL

[nearlythere] 30/11/2018 14:31

All IMO DYOR

From May 2017 falanx have raised approx £10,500,000 in approx 18 months, I see nothing in the midterms that points to a slowing down of this management strategy so another £10,000,000 over the next 18 months seem IMo very possible for the reasons below.

There seems to have been a major shift in the business model which may result in another extended period of expensive restructuring, as falanx transitions from a company handling a low number of large companies buying multi year, personalise contracts worth hundreds of thousands pounds to the now expected 1000s of small customers with contracts worth as little as £2,400 per year.


From comments made it seems the current facility to handle 300+ customers cost £2 million. They have already stated the need to expand the facility to service the expected increase in customer numbers (possible 1,000 to 2,000). imo it may take more than £5 million investment, which may result in the cash burn being north of 500k for sometime. The other issue for me is the margin on these low value contracts (£2,400 PA) even at 40% it is £96 a month. It going to take thousands of these low value contracts to make a dent in the current 140k a month cash burn and this is before the additional overheads associated with the expansion.

That is me for a while, unless we get news.Just my view of the current situation, hopefully the EOY will have good news and prove me wrong. Time will tell.

[toyin] 30/11/2018 12:22

opodio. Another good shout from you below, you really are a class one! LOL


opodio - 21 Jun 2018 - 07:11:08 - 477 of 1396 Foot Asylum - FOOT

BUY AND WAIT A FEW DAYS WILL BE OVER 100P AND YOU WILL KICK URSELF

[hampton58] 30/11/2018 10:52

Marvellous Mr. Short is backThe stock is bound to move higher nowNever fails

[opodio] 30/11/2018 06:32

one billion share in issue, market awash with stock imho

[hampton58] 28/11/2018 11:33

Nice couple of trades going through seems like the investor wants more

[sclper] 26/11/2018 18:55

eBomber showing off his incredible analytical skills ;-))

[yump] 26/11/2018 17:31

I think there should be a new term for companies that keep issuing shares.

"Rabbit shares"

When you're not looking they multiply.

[nearlythere] 26/11/2018 16:24

eBomber

tut tut
I think number of shares remain the same 33,333,333, the reduction in % is the dilution.
400,000,000 now instead of 260,000,000

[ebomber] 26/11/2018 16:14

Note today market advised in an RNS that Unicorn Asset Management Limited appears to have SOLD one third of its 12% holding.

Is this dilution or SELL OFF?

[opodio] 25/11/2018 13:22

People will be rinsed again here

This company never delivers , always lies and places shares
The last one was hilarious - we definitely need no more money
Muppet tw then says Flx need no money

Then Flx raise money
All in three weeks

Lol

Problem is that there are now 52pc more shares than just weeks ago

[the lah] 23/11/2018 13:27

Funny how you don't like FLX and the flowery rns's but tern produced a flowery pointless rns....you seem to like it! I've got casio scientific calculator from 1984 in my drawer I'll send it to you so you can continue totting up fictional share holdings on TERN.... I've just sold some old football boots and gloves on Ebay so I've made more the Device Authority today.... You should shorted TERN too

[ebomber] 23/11/2018 12:06

Plea to kaka47

Please ramp this to "5.7 pence again" so I can take a new short position having made a few pence last time when collapsed down to sub-3 pence.

[kaka47] 23/11/2018 08:34

SolarWinds: Future... Falanx Plays an important part in solarwinds future So what's the next logical move? He points to security - where the company recently acquired TrustedMetrics for real-time threat monitoring and management software. Moreover, the company is making an access rights management push. The goal, which adheres to SolarWinds' well-established playbook: Deliver powerful technology at an affordable price for the entire market.Still, SolarWinds is careful not to hype the security opportunity - especially when addressing MSP partners that are evaluating a run at the MSSP market. "I don't think every MSP out there is ready to become an MSSP," he says. Some will make the journey, he says, while many MSPs will align with larger MSSPs.With that point in mind, SolarWinds has partnered with Falanx Group in Europe and Secuvant in the United States as part of a two-tier MSSP-to-MSP partner strategy. Those MSSPs are expected to gradually offer threat monitoring services to MSPs.At the same time, SolarWinds will continue to build that 360 degree view of the market, listening closely to corporate IT managers to describe what they need both internally and from service providers, he adds.https://www.channele2e.com/business/finance/solarwinds-ipo-chief-revenue-interview/

[kaka47] 23/11/2018 08:27

All this emphasis on msp looks good for Falanx...SolarWinds MSP's annual recurring revenue (ARR) stream is expected to surpass $225 million by the end of 2018, according to SolarWinds CEO Kevin Thompson. The MSP software business is one slice of the larger SolarWinds IT management software pie. The overall company is striving to generate $1 billion in annual revenues or so by 2020.https://www.channele2e.com/channel-partners/msps/solarwinds-ceo-reveals-msp-software-revenue-stream/

[hamidahamida] 23/11/2018 08:08

Solarwind IPOhttps://www.sec.gov/Archives/edgar/data/1428669/000119312509115283/d424b4.htm

[hampton58] 21/11/2018 23:54

I will post it tomorrow plus what assumptions SWI is making for their division

[paddyfool] 21/11/2018 19:51

This is an early stage business. Raising just enough cash for a small period of time so that you can bank great news and get a higher price is not how it works. The risk would be that the deed takes longer than you think and you then need to do the same again. Cash raises are time consuming and distracting so do one which will last and give your business the time and space to concentrate on the job at hand....growing value.

[nearlythere] 21/11/2018 16:49

mdchand

ALL IMO

Re the new investors having additional positive information.

I assume if falanx management were expecting to release positive news flow in the near future, they would have delayed the share issue or raised just enough to cover 6 months cash burn 1 million or so. The fact that they issue 4 million pounds worth at these low share price levels leads me to suspect that management are not expecting any major turn around in the short to medium term and this could be the high water mark for a long time.

time will tell

[yump] 21/11/2018 16:19

I reckon the best approach (risk-wise) is to assume that any good news that is not very specific, means that it is not as good as it seems !

This has been going on here for ages.

I remember ambiguous statements about new contracts involving MidGard, which later on indicated that it was existing clients being MOVED onto MidGard.

Sorry, I mean 'on-boarded' ;-)

Oh and by the way, if anyone thought that FLX have started acquiring copyrighted logos, they haven't. The new speak has declared that 'new customer' will from now on be replaced by 'new logo'. Anyone using the phrase 'new customer' will have a spell in a re-education centre.