Falanx Share Discussion Threads

[onjohn] 06/8/2019 08:05

Well he’s a liar lol
He’s the same fd who said the company was profitable a year ago right before a placing and losses

Mr market says sub 1p soon

[enter] 05/8/2019 16:01

Where do I get the idea? The fact that the CFO said so at an investor evening only a few weeks ago.

[nearlythere] 05/8/2019 10:53

Enter

Where do you get the idea that "Company cash balances are strong".

[yump] 04/8/2019 20:02

Yes the results are the one thing they will report reliably, because they have to. Their record is one of bs and promises and commenting on great new opportunities, only to never mention them again.

[enter] 04/8/2019 17:33

Lot of derampers on here. Company cash balances are strong. Results are due end of July/beginning of August as stated by company.

[yump] 04/8/2019 13:04

Enter

Which promise ?
The one in which they promise to report results ?

[onjohn] 04/8/2019 07:52

Placing may well be 1p as some suggest

[enter] 31/7/2019 14:37

Absolute junk. No placing. They are well funded. Results out soon and they will show that Falanx is starting to deliver on its promise.

[ebomber] 31/7/2019 14:27

FLX valued at £7.11 million at time of writing.

Probably £5 million too much!

Mindful placing getting closer each and every day.

NEXT PLACING NO LATER THAN SEP 2019

[christopher logsdon] 26/7/2019 12:38

Okay don't buy go away

[onjohn] 25/7/2019 08:39

wont buy this rubbish at all

next news will chop price in half

[daymer58] 25/7/2019 08:30

Even difficult to get stock here i

[daymer58] 24/7/2019 17:12

Would be a good price 2.10 by August

[laptop15] 24/7/2019 09:34

Will buy at 1.70p for a punt

[nearlythere] 24/7/2019 08:10

For those that have a bit time
search for tuner pope falanx 2019

[the lah] 22/7/2019 20:46

as in last bought on 18/2/2019....no significant purchase though was it

[christopher logsdon] 22/7/2019 15:05

How many shares? hundreds of thousands of pounds worth I would hope!

[daymer58] 21/7/2019 11:32

Meanwhile Mike Read have been buying shares

[still learning] 20/7/2019 14:10

Picking up Yump's point, I own shares purchased at much higher prices than now and want to be surprised but am feeling very negative.

Mike Reid has been quick to tell us in the past of positive news, even when it's small beer, but now we've had nothing for so long.

[yump] 20/7/2019 11:56

Well it may be that the company has changed its spots and will not announce anything positive in advance of results, even if there is something positive.

Given the history of BS about sales and about raising money, it would imo be a miracle if there has been great progress AND they have decided not to brag about it.

More likely not a lot has happened in the way of SW sales, but the next update will be the usual wordy positiveness about the product being well-received, blah, blah and a few quotes about the total number of possible clients in the market.

In terms of the figures, I can guarantee that they will announce any revenue growth as if it is organic, when in fact it has come from acquisitions.

As I still have some shares, I hope to be proved completely wrong.

[nearlythere] 20/7/2019 08:54

All Imo dyor

If even half of their expectations are happening they Imo may announce breakeven, (although if things were going so well why no update )

If by the eoy which will be a full year of first base( cost >3 million) and nearly 10 months of solar winds they are still providing excuses and jam tomorrow then imo 100 million share issue @ 1p and loan notes.

If they do provide fact based figures for breakeven (not just 1 month ) and not the usually fluffy fluff then Imo a move up to 4p possible.

Time will tell.

[daymer58] 19/7/2019 09:37

Should read : 4.8 mill annually

[daymer58] 19/7/2019 09:28

My point is , with SWI doing the sales efforts to current MSP client base , the revenue annually generated from just 2% contract wins of the potential client base, should generate margins north of 55%. 2% client wins equals to £4.8 mill with as mentioned very attractive margins. We have a company with a highly oversold share price , fuelled by rumours of capital raise etc .Figures will be out in the next weeks and I would expect a significant re rating of FLX , very much helped by earnings and revenue est being revised higher as well as confirmation of no requirement for any rights issue.Solarwinds will announce 2q numbers on 1/8 and we will most likely hear more about the progress of their Threat Monitor software .The stock is in my opinion a massive buy and the market is not prepared for this .

[daymer58] 19/7/2019 09:11

Indeed, 2.30 for any sizeIf we look at what will happen going forward in Q3/Q4 once we have revenue coming through from SWI UK as a result of the sales and marketing efforts SolarWinds UK is and will be doing with regards to the threat Monitor platform, the beta on FlX's revenue could and will be substantial!Read the RNS from October last year : The Company's immediate focus will therefore be to support those MSPs whose customers have an appetite to strengthen their current security posture.Internal estimates suggest that this equates to approximately 20% of the addressable market, or around 20,000 target end customers. As an illustration, if only 2000 end user customers take up this service at entry level pricing, this would generate £400k revenue per month on the Threat Monitor SOC Services alone. Falanx will be working with the SolarWinds network of MSP's in the coming weeks to plan, design and implement the roll out of this extensive programme, and it is anticipated that the delivery of these support services will commence in the first quarter of 2019. Current sales will have a limited impact on this year's revenue but could dramatically benefit future periods.