Falanx Share Discussion Threads

[mashman] 09/2/2021 10:21

This looks like it’s ready to blow

[dave4545] 09/2/2021 09:07

Being a value investor (I am too) has not got me far in the last few months when everything has gone nuts regardless of profits, turnover or losses.

Big uncrossing trade there.

Guess some day traders are moving to the next trade this morning.

[mach100] 09/2/2021 08:59

I am a value investor Dave so won;t be touching Sym or FLX. FLX has a history of large unexplained rises before it skittles backward. If Mashman gets to post a chart you will see for yourself.

[dave4545] 09/2/2021 07:41

You said it's pricey mach not me.

I'm in for the growth potential.

If you want to find over valued in this market your spoiled for choice SYM has just issued their trading update and once again still loss making and very low cash and they are worth £32 million.

[mashman] 08/2/2021 23:53

dont know how to post a chart

[mashman] 08/2/2021 23:48

guys you need to look at this as more a fledgeling company. No one on the board has been there for much more than 3 years ( except for the fantastic Emma whos been there forever ) and they are doing a cracking job of turning this old butcher around

Just chill.... it's going north....relax

[mach100] 08/2/2021 22:48

I have read them Dave and they have very high admin expenses. The last results were poorly received by the market leading to a fall on the day so you might want to read them yourself. The latest announcement of 400k revenue will bring in 120k as I already pointed out to you

The two offices they left were only leased. Sure there is savings to be made by leasing a building in Reading but I doubt it is life changing amounts as then Reading would be a hugely desirable place for business as it is so near London.

The fact that there are rubbish stocks elsewhere Dave is a poor incentive to invest in something that is hugely lossmaking, run on placings- another due by September- and a jam the day after tomorrow stock.

Your entry point in light of the current share price is very good indeed. At least you acknowledge it looks pricy.

Just for you and Bapodra Dave as I know you are keen on reading interims and Bupodra when he mentioned £5m revenue when it was £5.8m.... for the year to 31 Mar 2020

Administrative expenses

(2,010,370)

(2,391,737)

(5,068,146)

Phat!

[dave4545] 08/2/2021 20:21

Perhaps best to read the interims and recent news Mach100

For starters they had a London Office and they have closed that down and staff working from home now or in their sole Reading Branch so I'd imagine that's a good chunk off costs for starters.

One part of the business is now profitable "Assynt"

And they are winning a lot of new business with Triarii from the Solar Winds program.

Normally I would agree it might look at bit pricy but there's stocks all over the place going nuts and some of them are not doing as well now as FLX. itx quadrupled on just $1-2 mil of sales to £30 mil cap...Gst 13 folded from low today...business is rubbish, stocks everywhere going nuts, at least Flx is doing the right thing in reducing costs and increasing new business, apparently the market loves these stocks so I'm in for the ride and doing ok so far in at 1.18p

[mach100] 08/2/2021 19:54

I can't understand the hype around the share price since the last announcement. 4OOk of revenue in this calendar year on ALL the contracts just announced . Let's say a margin of 30%. So 120K of profit. The company made a £2.85m loss last year. Very high admin expenses here. Furthermore what listed company uses a CBIL for acquisitions? Can anyone name another? Astonishing. Caveat emptor.

[mashman] 08/2/2021 19:37

Just keep buying, it should go to 2p easy and then it can consolidate, not for too long though :-)

[dave4545] 08/2/2021 14:49

Can understand the profit taking it's a 6 month high today.

I'd be happy if it consolidates here for a while then rises into the close.

[dave4545] 08/2/2021 12:38

For me it reminds me of Cog, different sectors but a business with a poor past that suddenly starts winning numerous small contracts. Cog was 20p last year but is now around 80p

Once they start moving in this market then tend not to stop and valuations can go through the roof so I'm sticking with my 4p target and 20 mil valuation.

[babbler] 08/2/2021 12:29

Target is way higher than that.

[dave4545] 08/2/2021 11:49

1.79p paid huge premium.

Could be heading for 2p today

[viking24] 08/2/2021 11:01

SolarWinds will host a conference call to discuss its financial results for the fourth quarter and full year 2020 and its business at 4:00 p.m. CT (5:00 p.m. ET/2:00 p.m. PT) on Thursday, February 25, 2021. A live webcast of the call and materials presented during the call will be available on the SolarWinds Investor Relations website at A live dial-in will be available domestically at [phone] and internationally at [phone]. To access the live call, please dial in 5-10 minutes before the scheduled start time. A replay of the webcast will be available on a temporary basis shortly after the event on the SolarWinds Investor Relations website.

[viking24] 08/2/2021 10:59

AgreeCould see second move during US hours

[dave4545] 08/2/2021 10:53

1.62-1.69p

Rather than drift back it actually looks like it might push on

[viking24] 08/2/2021 10:46

2.20 by FridayWe got SolarWinds numbers out and MSP demerger

[philjeans] 08/2/2021 09:29

Coming up out of that bowl.

Great chart - BUY

[babbler] 08/2/2021 09:11

The reduction of the deficit on retained earnings will, amongst other things, facilitate Falanx in making distributions to its shareholders at some point in the future