Falanx Share Discussion Threads

[wololol] 31/10/2022 14:18

Yes after I read that I have been buying more on a weekly basis. Interim results are out in early December for the first 6 months March -Sept. So they should be very revealing. I expect the second half of the year to show even more growth. 2 x tier 1 partners. They're like at least 500k revenue each. Maybe 6 million revs next year and profitable and the company is valued at 2.9million with £2.5million cash in bank. Absolute no brainier buying at these levels, just need a little patience for market to wake up like always.

[z1co] 31/10/2022 13:13

The shares will take off after the next trading update.

Demand for the company's products is very strong.

A snippet from the results at the end of September:

"Orders for our core services are already up by over 18% and we are expecting further growth in orders for the second half of FY23, and with ongoing significant growth thereafter".

Sales orders for our core services in the first five months of FY23 were 18% ahead of the same period in FY22. This includes five new MDR deals which we sold, with a total minimum contract value of over GBP0.2m, with the potential for significant expansion and extension beyond this. Three of these MDR deals were signed in August 2022 when we also signed up two new Tier 1 partners. Furthermore, we have also won our first four clients for CVS and also sold more than 1000 f:CEL licenses.

[wololol] 28/10/2022 09:53

Yes watched that a few days ago. Very well connected and respected cyber security expert/investor. He knows how undervalued this share is hence why he's come on board.

[wololol] 25/10/2022 17:25

Just thinking the 1million and 500k buys have started since William Kilmer has been appointed. He is currently a senior advisor for investments and company building at Gallos, an investor in the security technology sector. Bit of a coincidence.  

[dave4545] 25/10/2022 13:14

Wol

You will not see sell or buy orders on L2 unless something gets placed in the auctions.

Amati are selling, but it does look like ticking up, they will offer more size if it goes to 0.65p offer around 0.62p online to try and clear more Amati stock

[wololol] 25/10/2022 12:45

I can sell 2 million shares no problem. Usually a good sign. Think I I might have some more at 0.6. This is stupidly low valued, should be double at least.

[z1co] 25/10/2022 12:34

MM's have upped the offer to 0.60p to buy from 0.5798p.

[wololol] 25/10/2022 12:05

I'm looking at level2 can't see any significant sell orders. Think the tide is changing here and this will rise very soon.

[dave4545] 25/10/2022 10:12

Yeah I was thinking yesterday if I was rich in the ISA could I ring Wins and take the whole stake, would they go straight in the Isa and when the trades are printed and the price spikes could I offload most of them for a handsome profit in the pump.

Probably would or could.

[toffeeman] 25/10/2022 10:09

Mind you 45m shares are only worth £250k!

[dave4545] 25/10/2022 09:58

Yeah they are selling, watch for another 1-2 mil worked sale go through around the close.

[toffeeman] 25/10/2022 09:54

Why would Amati have stopped selling - and they still hold 45m shares

[wololol] 25/10/2022 09:28

I think Amati may have stopped selling. No large chunk sellers for sever days just some one accumulating in 1 million batches. If Amati have stopped selling then this will go to 1-1.5p in a flash.

[wololol] 24/10/2022 12:00

Valued at £3million I can only see upside from here, fully cashed up with new contracts and now a very well respected Director. You should consider averaging down yump. I did the same thing at itx bought in originally at 6p and went down to 0.4 in pandemedic.Then went to 18p so made a lot of money. If you don't average down theres no point posting on this board, you might as well just sell up and move on. For me I'm buying every month and building a very large position. As the shares is so undervalued and get a price at 0.57 a few thousand £ can significantly lower averages.

[dave4545] 24/10/2022 11:33

That is just 95% of Aim yump

It provides thousands of directors access to huge salaries for failing business's that will never make a profit and in the real world they would be bust.

We are in the wrong game trying to beat the mm's needing 20% rises to make a 5% profit.

[yump] 24/10/2022 11:10

I appreciate that some of you have bought shares at fractions of a penny and doubling for whatever reason would be a nice profit. I have a handful somewhere from when they were priced in several pence and haven't bothered to keep up at all as they're written off.

Is there any indication that in a market that has been growing well for years, that they are actually viable ? If Read hasn't managed to generate a profit, in a market that is expanding and presumably works on good margins because of demand, after all this time, why should that change ?

Is their overhead ridiculously high for the revenue, so its a big drag ? Is the market actually very competitive for price (there are loads of well-established providers of cyber security), are sales costs therefore wiping out any chance of decent profit ?

Personal view is that the BOD of many of these floated businesses, that have nothing special to offer, would have all lost their houses in the real world of entrepreneurial activity and are just on a gravy-train, while they can convince the next set of investors to part with money.

As against the other businesses who actually have something unique, but require funding while they develop it and try to get a bit of market traction.

[wololol] 24/10/2022 10:30

Wonder if that 1million is a Director buy? They purchased shares this time last year so would make sense.

[z1co] 23/10/2022 16:41

William Kilmer will no doubt turbo-charge this little company's growth strategy:

Falanx Group Ltd Appoints Veteran Cyber Entrepreneur and VC Investor to Board of Directors

PUBLISHED ON:
20 October 2022


William Kilmer, Non-Executive Director, Falanx Cyber

Falanx Group Limited, an AIM-listed cyber provider of market-leading cybersecurity services, has appointed veteran cyber entrepreneur and established venture capital investor. William Kilmer, as an independent Non-Executive Director.

The appointment is a major statement of intent for Falanx, who aim to use William’s long-standing experience operating at the intersection of cyber and venture capital to turbo-charge its business growth strategy. By driving the adoption of Falanx’s core business offerings such as its fully managed, 24/7 Security Operations Centre (SOC).

William Kilmer, Falanx Group Ltd. Non-Executive Director, noted on his new role:

“I’m really excited to be working with Falanx Cyber, the managed security services offering is critical to the industry providing customers with expert talent backed by world-class technology for our customers to mitigate risk.

“I look forward to driving growth and investment to expand Falanx Cyber’s services offering to enable more UK businesses to gain the cyber protection they so desperately need.”

[dave4545] 18/10/2022 06:49

Looks like he could be related to Val too :-))

None of the directors bought stock after results so there is still around 45 million Amati to clear.

Perhaps he will take them or a chunk of them so watch closely

[z1co] 18/10/2022 06:47

The appointment of William Kilmer is very interesting.

[palisz] 18/10/2022 06:24

Kilmer will have done due diligence, will want to invest capital, sees this as a multi bagger... Maybe start by buying out the rest of Amati Edinburgh stake..

[palisz] 18/10/2022 06:19

Falanx Group Limited (AIM: FLX), the AIM listed provider of cyber security services, is pleased to announce the appointment of William Kilmer as an independent Non-Executive Director and Richard "Rick" Flood as an Executive Director and with immediate effect. THIS IS VERY GOOD NEWS....