Falanx Share Discussion Threads

[dave4545] 02/7/2021 10:10

Somebody pays quite a premium for 1 million shares.

Yet it's 1.073p to buy still, why did they not drop the size and get them much cheaper

[mashman] 08/6/2021 15:42

I hope it's bottomed out it really shouldn't be this low. I've stuck my neck out and averaged down at this crazy low price.

[dave4545] 08/6/2021 14:32

Looked like a distressed seller and mm dropped to take their last block.

Now NT to buy at 1.15p again

[dave4545] 08/6/2021 08:47

Blimey selling at 1.055p now

How low can this go?

[dave4545] 04/6/2021 13:16

$3 billion+ IPO they are massive

FLX £6 mil can they not just buy them out.

[viking24] 04/6/2021 13:12

Falanx Group Limited, the AIM listed (FLX.L) provider of cyber security and strategic intelligence services, is pleased to announce a new contract for its Cybersecurity monitoring services using its recently launched Triarii Managed Detection and Response ("MDR") platform to a Managed Services Provider ("MSP") based in the US. The deal followed an accelerated sales cycle, in conjunction with Falanx's partnership with SolarWinds MSP which is part of SolarWinds Inc, a worldwide leader in solutions for network and IT service management, application performance, and managed services. While initial revenues are not yet material, as the contract currently only covers a limited number of devices, there is the potential for this to grow significantly with the addition of further devices and services. This contract represents the first sale of a new and additional, Managed Endpoint Detection and Response ("EDR") service which enables our Security Operation Centre ("SOC") to sit behind SentinelOne EDR software. This combination delivers a truly flexible EDR offering to MSPs globally combined with the ability of Triarii to adapt to multiple user needs. The Board of Falanx considers that there is potential for future additional sales of Triarii though SolarWinds' Technology Alliance Program ("TAP"). Mike Read, CEO of Falanx commented that, "This is an important strategic win for Falanx Cyber, offering validation at multiple levels. It is further customer and industry validation of Triarii MDR as an important cybersecurity offering for our customers and the flexibility of our new SentinelOne SOC service. It is also our first US-based MSP from the SolarWinds community to sign up to our services."

[dave4545] 04/6/2021 11:31

Don't suppose they have a % of them ?

[viking24] 04/6/2021 11:21

SentinelOne IPO announced, Falanx works with them.

[owenski] 23/5/2021 09:31

Indeed, I've watched it from time to time over the years, but I think it's one of those outfits that never actually succeeds.

[dave4545] 23/5/2021 09:28

Yep, the next update is crucial. If this lot cannot do well in a booming sector where fraud is through the roof then they never will.

So hopefully they will announce a stunning turnaround

[owenski] 23/5/2021 09:26

For a business operating in a so called high growth, must have, sector, this company isn't doing that well. The results aren't attractive, although they have an increase in revenue based on last couple of reports, I notice the cost of sales and admin charges are shooting up as well which makes this a zero sum game.

Is this the outfit that once touted 'Midguard' as their be all end all product, I find no mention of that these days, have they had to reinvent their products again, I'm guessing that's what this Tiranii is?

Their sales partnerships channels might come to the rescue but the market certainly aint behind this dog.

I notice they've got about 6 months or so cash left so I guess they'll be passing the begging bowl round again at some point.

[owenski] 23/5/2021 09:24

For a business operating in a so called high growth, must have, sector, this company isn't doing that well. The results aren't attractive, although they have an increase in revenue based on last couple of reports, I notice the cost of sales and admin charges are shooting up as well which makes this a zero sum game.

Is this the outfit that once touted 'Midguard' as their be all end all product, I find no mention of that these days, have they had to reinvent their products again, I'm guessing that's what this Tiranii is?

Their sales partnerships channels might come to the rescue but the market certainly aint behind this dog.

I notice they've got about 6 months or so cash left so I guess they'll be passing the begging bowl round again at some point.

[mashman] 22/5/2021 20:30

Well the volume picked up a bit on Friday. Let's hope it continues and get that Mk up. £6.3M is way too low IMO.

[dave4545] 22/4/2021 15:00

Cleared the seller today, that random number 900k+ at 1.2p seems to be the last of it, now stock gets tight again which can mean spikes

[bad gateway] 22/4/2021 14:51

Been quoted over the odds for these last few sessions on IG. Managed a few this am so good to see the lift.

[dave4545] 22/4/2021 14:49

446k paying 1.35p nice 0.1p premium but it was 0 offer at 1.25p

[dave4545] 22/4/2021 08:56

No overhang today nothing available online

stupid uncrossing trade at full offer price means it looks like FLX is down when it's actually up today

[dave4545] 22/4/2021 08:05

SWG issued mega bullish update today and they do cybersecurity

[dave4545] 21/4/2021 15:35

Well lets see what they announce next before we pass further judgement.

It can be a great stock with no overhangs so when it clears the line of stock
around 1.23p holding it back it can spike 30% in no time

[mach100] 21/4/2021 13:06

Buys and sells almost equal today Cyber might be booming but FLX is back in its downtrend. If Cyber is booming in a lockdown does it boom less when the lockdown is easing? Answers on a postcard to FLX management please.

[dave4545] 21/4/2021 12:57

Still the buys come, wonder where the mm's get the stock from although they did seem to work a 1 million sale the other day at mid price.

Surely business is on the up, this sector must be booming with all the lockdown cyber fraud that has took over in the last 12 months.

[dave4545] 16/4/2021 14:57

Loads of buys today, I bought some too

[dave4545] 12/3/2021 09:29

Weird, it worked for the mm's as they got loads of stock back yesterday including a 500k sale at 1.433p yet they still make a 100k buyer this morning pay a premium.