Falanx Share Discussion Threads

[z1co] 18/11/2022 07:58

The change of it's name in December to Falanx Cyber Security Limited will help enormously towards the rerating of this significantly undervalued company.

[wololol] 18/11/2022 07:19

Most cyber security firms in the Us and UK and privately owned especially the small ones so Falanx is an extremely rare opportunity. Mike Read has also stated this many times on company presentations. The private investment funds have been taking the listed ones private in the US from what I have read and the sector is blooming this year. This is such a rare opportunity to buy a growing cyber from valued at £3million at circa 50% discount less placement price and 50% discount to recent Director purchases in March. Thanks Yump for sharing that info again, the more you read it for more it makes one realise this is unbelievably cheap.

[z1co] 17/11/2022 23:14

18/10/2022 the company appointed William Kilmer as an independent Non-Executive Director and Richard "Rick" Flood as an Executive Director and with immediate effect.

This shows the intent by the company grow the business aggressively in the current financial year.

They will provide more information next month at the time of their Interim Results.

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.”

Cyber security is a growth market in the United Kingdom and has become a hard to abate sector due to our advanced digital economy. The sector demonstrated double-digit growth in 2021. According to a UK government report, the sector’s revenue grew to more than £10 billion for the first time, and external investment into the sector grew to over £1 billion, raised by firms across the UK. The appointment of Kilmer was made to tap into this upward trend.

In his twenty-five-year career in the technology industry, Kilmer has founded, operated and invested in dozens of businesses across the world, specialising in cybersecurity, wireless, and data analytics companies. He will split his time between Falanx’s board and current role as a senior advisor for investments company Gallos.

Prior to joining Gallos in September 2022, William served as a managing partner at C5 Capital, a specialist venture capital fund investing in cybersecurity, cloud infrastructure, applied data analytics, and space economy companies.

Speaking on the announcement, Alex Hambro, Chairman of Falanx Group Ltd., commented:

“I am delighted that William has joined Falanx. He has extensive experience in the cyber security sector, in both investor and operational roles, and can practically support the development of our cyber security business, as well as providing further corporate governance expertise.”

Kilmer will join the Falanx Group board alongside Rick Flood, who will now serve as Executive Director to the board.

Rick Flood has been Managing Director of Falanx Cyber since 2019. Since taking responsibility for the division, Rick has been instrumental in driving the transformation of the cyber offering and spearheaded Falanx Cyber’s return to profitability in H1 FY22. Rick has more than 30 years of software sector experience, in a variety of roles including executive positions in both private and public companies.

Alex Hambro, Chairman of Falanx Group Ltd., concluded:

“We are also pleased to welcome Rick to the board. Rick possesses long-held expertise in delivering contract wins and revenue growth and has made a huge impact on the expansion of Falanx’s pipeline of new client opportunities.”;

Both appointments were taken with immediate effect.

[z1co] 17/11/2022 23:00

yump,

Late night prowler.

I own a lot of shares in this company and i'm still buying.Not a punt as you call it, this is for a good few years providing they keep growing and i strongly believe that the management will grow this business for many years.

The share price could easily MULTI BAG in 2023 and still be cheap.

Do not let my Ramptastic (your words) posts affect your judgement.

ps, Your post above towards me suggests that you are a muppet to say the least.

I do not troll on forums of companies that you own shares you idiot.

[z1co] 17/11/2022 18:38

I feel dave45 has misjudged the share consolidation in this company and these are my reasons:

The company has only 526 million in issue at the moment which is not really a huge amount.There are loads of Aim companies that have multiples of Billions of shares.

I feel the management have decided to get the shares out of the sub penny.The consolidation will also benefit the share holders in the long run.

Less shares in issue means bigger % shares increases on announcements such as upbeat trading statements , contract wins , director buys etc.

They will no doubt be issuing bullish trading updates for the foreseeable future.

Take a look at BOOM they did a 100 for 1 consolidation in mid 2019 when the share price 2.50p.After consolidation shares were £2.50.When the company started trading strongly in 2021 and they issued bullish trading updates the share price increased really dramatically because of small number of shares in issue.

Earlier this year share price increased to more than £22.50 (or 22.5p old price).

That is a massive 10 fold increase.

FLX could also multi bag because it is so small capped at £3m with £2.5m cash.The company is trading strongly and this is not yet reflected in the share price.

[z1co] 17/11/2022 18:37

Wololol prior to today's purchase i had 2,250,000 m so i'm holding 2.5 million.

I'm waiting for interims then hopefully i will buy another 500,000.It does not matter where the price is at the time.

They really should be at least 50% more than where they are.

[wololol] 17/11/2022 18:01

How much you holding now Zico if you don't mind me asking? Because the share price is so cheap one can buy a significant amount of the company for not much capital. I'll be coming up to the 3% threshold soon enough.

[z1co] 17/11/2022 17:49

Now that the nervous traders have sold out the share price will steadily climb higher in advance of the interim results.

That 1 million buy which Wololol has mentioned in the above post will also help towards tomorrows rise.

Share price will be above 0.70p before the interim results.

[wololol] 17/11/2022 17:30

That 1million buy was the reason why the ask was pretty much going up on every trade. Bodes well for tomorrow.

[z1co] 17/11/2022 15:33

Interim results will be announced 8th December 2022 so not long to wait for.The expected strong trading for H2 will finally drive the share price much higher.

Even a £5m market cap means the shares price has to rise to about 0.95p or 95p after the consolidation.

That's more than 50% upside from the current price of 0.60p.

[wololol] 17/11/2022 15:13

FLX looks a good buy more like it.

[blackhorse23] 17/11/2022 14:41

MCL (LSE) looks good BUY

[z1co] 17/11/2022 10:14

clock you stinking troll you leave an awful stench whenever you post.

Wololol is also not interested in your comments or are you too thick headed to realise it yourself , you silly muppet.

Go away.

[clocktower] 17/11/2022 10:10

Number 10 on the list of rises W.

[z1co] 17/11/2022 09:11

Re post:

Shares are poised to multi bag in 2023:

The company at the present price of 0.55p is only worth £0.4m (subtracting cash).


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.

We are expecting further growth in orders for the second half of FY23, and with ongoing significant growth thereafter.

The company is now firmly in growth mode, and our objective, which we are confident we will achieve, is to generate very significant, organic growth over the coming months and year s.

We are well financed and expect our existing financial resources to be sufficient to see us through to profitability .

Very low market cap of only £2.9m at 0.55p and incudes £2.5m cash.

[z1co] 17/11/2022 09:09

clock you muppet remember you started this.

You provoked me , big mistake from you stinking troll.

[clocktower] 17/11/2022 09:06

W - it could get to the top of the riser list today at this rate with luck and as soon as its on, it should get more followers if the idiot Z would zip it, he would do himself a favour.

[z1co] 17/11/2022 08:52

Totally agree with your comments Wololol very cheap and that's why i'm also still buying

[z1co] 17/11/2022 08:51

Goodbye troll and you still smell awful you muppet.

[wololol] 17/11/2022 08:50

No matter which way you look at this company it's worth more than 3 million. Minimum 7.5vmillion hence why I keep buying more.

[z1co] 17/11/2022 08:50

Well done Wololol

[z1co] 17/11/2022 08:49

Online size reduced to 100,000.

[wololol] 17/11/2022 08:48

576k pushed the bid up.

[wololol] 17/11/2022 08:48

I've just added as well the trade after Zico

[z1co] 17/11/2022 08:46

Added another 250,000 @ 0.598p and it's moved the bid to 0.55p.