Falanx Share Discussion Threads

[yump] 21/11/2022 00:07

By the way wtf is a Chief Revenue Officer ?!

[yump] 21/11/2022 00:05

You’ve totally missed the point of my post, so I’ll make it clearer for you.

You don’t get to meet the directors and you certainly don’t know them, so you’re reliant on information they give you and information other people might give you.

The directors mostly big up their businesses, so its only the profits and track record that really show you what they have actually accomplished.

Quite often other people know more about their past history than you do.

Sometimes that is helpful, despite contradicting your own view, especially if you are new to the business or new to investing, as you appear to be.

Here endeth the elementary lesson on investing.

[z1co] 20/11/2022 22:24

A well balanced post:

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.

Interim results in less than 3 weeks.

The share price is gaining traction and will continue to rerate strongly.

Remember The share price 12 months ago was 1.25p and they fallen in 2022 due to Amati selling their holding throughout 2022.

Amati had over 16% in January 2022 and now it's down to 8.6%.

Share price will rise aggressively due to strong trading , the selling by Amati is slowing down and the company is only valued at £3.6m and they have £2.5m cash.

Will multi bag in 2023.

[z1co] 20/11/2022 21:10

clock you awful stinking troll stop twisting my words you idiot.

I was referring that to yump for his earlier post

++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++

yump

Buying and selling is a very risky business.When you buy shares in a company do you meet the directors first before you part with your money say £10,000 , £20,000 or whatever amount you invest in a company.

++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++

What stupid idiot you are.

How much did you lose in LVCG , they did a placing at 2.5p.

If you invested £10,000 in LVCG then by last Friday you lost over 50%.

I'm keeping FLX for the long term.They have declined over the last 12 months or so not due to bad trading but only of Amati selling their shares throughout 2022.They had over 16% in January 2022 and have reduced their holding to 8.6%.

That's why FLX share price has under performed throughout 2022.They are now starting to rise and this will continue to rise for the foreseeable future 2023.Why would i want to sell my shares when i know they will MULTI BAG in 2023.

You and yump are both muppets.

When a idiot like you buys shares in any company is that risk free?

You lost a lot of money in LVCG just last week you stupid tool get a life.

[clocktower] 20/11/2022 20:34

At last Z is given you all a warning of how risky it is investing in this or any other share he is invested in, as per his post 563. As clearly he clearly is happy to take huge risks with his money and try to encourage others to do likewise, normally without any warning of the high level of risk.

I quote his words, in case he edits them:

“Buying and selling is a very risky business.When you buy shares in a company do you meet the directors first before you part with your money say £10,000 , £20,000 or whatever amount you invest in a company.”

So folks just bear in mind Z has warned you before you follow the pied piper, and no surprise he is sweating and trying to get others to get him off the hook, if he has tied up that amount of money in this company that one can only assume from his post is risky.

Will it be Wololol or Z that tries jumping before the consolidation takes place because after that occurs if one tried selling a large amount I doubt the MM would even take them off your hands, unless at a knock down price.

Also it must not be forgotten that once consolidation has taken place all the shares that are held as fractions will be sold for the benefit of a charity, that alone is likely to cause a slight drop I guess.

So remember Z has warned you that it is risky investing.

[z1co] 20/11/2022 19:38

yump

Buying and selling is a very risky business.When you buy shares in a company do you meet the directors first before you part with your money say £10,000 , £20,000 or whatever amount you invest in a company.

No you don't.

I don't meet directors either and that's why investing in shares is a very risky business.

In any company not just this.You have shares in FDBK , SRT , BIDS to name a few did you meet the directors before you invested in those companies.

I can you that you did NOT.

It's your posts like the one above why i call you a muppet.

You criticise others when you are not any better yourself.

[yump] 19/11/2022 18:26

Then you will have a 100 bagger without doing anything !

[z1co] 19/11/2022 18:07

Wololol

Nice of you to drop by.
I also managed to buy another 250,000 at 0.598.

An upbeat statement regarding H2 will no doubt drive the share price way above 1p.
Must try to keep it balanced.

That 1p will become £1.00 after the consolidation.

[wololol] 19/11/2022 17:38

Yes I was thankful to get another 550k shares at 0.59 after some losers sold out, can't see it ever going that low again now it's on upwards momentum. Only 13 trading days for next interim results.

[z1co] 19/11/2022 17:18

This is another balanced post:

The company announced on Tuesday after the close of markets that they will be consolidating it's shares and changing the name to Falanx Cyber Security.

Myself and Wololol thought it will be very good for the shareholders on the other hand dave45 and clockthetroll thought it will be bad and the shares price will collapse.They were trying to scare other traders/share holders.

A few nervous traders sold out but the markets also liked the idea of consolidation and we had a 2 good days of share price rising strongly.

12 months ago the shares were trading at around 1.25p because of the constant selling by Amati throughout 2022 has depressed the shares price.

Amati had over 16% in January 2022 and now it's down to 8.6%.

The company is trading strongly in the current financial and will report it's Interim results next month.

Share price will recover to at least 1p shortly but will increase significantly in 2023

[clocktower] 19/11/2022 16:16

He wears the badge with PRIDE. :-)

[clocktower] 19/11/2022 14:55

Wololol, first and foremost “Assume” nothing, the way I read it was they sold five with a “Total” minimum value of £200k not each, I am happy to be corrected by a representative of the company, if I am Wrong I will correct my “Assumption221;.

As you know they often write these things poorly without intention to deceive or on occasions some have been known to write RNS in a manner that can be misconstrued, and are picked up by investors that are desperate to see the shares recover and even dig themselves into even deeper holes, and some fortunately do hit gold at the end of the rainbow but most just end up with even greater losses, many because they want to believe what they think they have read, and it is only when they become aware of the possibility of a serious mistaken conclusion do they realise what a deep hole they have dug for themselves. Regrettably it is often people that cannot afford to take big hits that get stung by smart pushy salesman or BB warriors, often acting for another party.
If you want a very good example of questionable practices by directors of listed companies, you just have to go over to the LVCG thread and read the history of the MD and listen to the various investor presentations he has made, to really understand how these threads are manipulated. Also look at some of the posters from 2021 and how they ramped it to 13p leaving a lot of investors way under water, often stating how brilliant the boss was. It’s all about knowing when to jump on and off the escalator, even if you think you could have profited more it’s better to walk away with your money intact or even with a small profit.

It does not bother me if my punts go wrong as it’s like putting a few hundred on a horse at the races - it’s exciting when it’s in contention but deflating when the nag falls but you walk away and back another four legged friend.

Some people enjoy seeing investors lose money and often boast about how successful they are but if truth were know, are little more than jumped up barrow boys and girls that will never become Tesco or M&S owners or for that matter Elon Musk but are more likely to end up sentenced to years in jail, like Elizabeth Holmes.

[z1co] 19/11/2022 13:59

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] 19/11/2022 13:58

Smithie6

A crew member of clock/dave.

The company's prospects for the foreseeable future are very positive

This company is now just a pure cyber security having sold Assynt in October 2021.

They have strengthened the management team this year with:

Nicola Hartland Chief Revenue Officer

William Kilmer

They aim to double the revenue in the next 18 months

Over the next few years share price will recover very strongly.

Your only post on this company no doubt makes you an expert.

Hey muppet do some more research on this company before you post again.

I'm ONLY rude to posters who are rude to me.

By you calling me an idiot you think i will be nice to you.

Another idiot on my hit list.

Edit, The depressed share price over the last 12 months is the result of Amati reducing their stake.They only have 8.6% left and once they stop selling that will also help the share price recovery.

[smithie6] 19/11/2022 13:10

over 5 years the dirs have taken the sh. price from 5p to 0.7p.

Clearly the dirs are just fantastic !!

& the mkt should believe everything claim they make.

je je

[smithie6] 19/11/2022 13:08

so

I see that the task of being the rude crude idiot on this msg brd & blindly repeating any/all claims from the dirs. is currently being filled by Z1CO.

[wololol] 19/11/2022 12:12

Just to clarify, when they say 5 new MDR deals with minimum contract value of 0.2million. I presume that means per contract So 1 million revenue? Or does it mean 0.2 million for the 5 deals? Thanks

[z1co] 19/11/2022 10:48

clock you muppet:

Another balanced post for you to read.


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 .