Falanx Share Discussion Threads

[wololol] 08/12/2022 08:49

I don't think they'll raise again, too many good partnerships now coming to fruition. Nble ESET + others. Soc money coming in lovely recurring revenues. Expecting a massive second half.

[richman777114] 08/12/2022 08:43

Yes it needs the combination of a significant increase in H2 sales and the reduced spend to avoid another raise in around MayAmbitious but possible

[wololol] 08/12/2022 08:39

Re reading previous RNS and this RNs they are expecting very significant growth in the second half. This has already been evidenced by the 44% increase in orders at the start of H2. If they can turn over 2.5-3million on. The second half and now the investment has been done they may be profitable.

[richman777114] 08/12/2022 08:35

Enough cash till c September 23 as long as Boost agree that the £1.5m can be used in operations rather than for 'investment'/acquisitions The keep stating they have enough cash to get through to profitability but that's been said many times beforeNeeds that transformational partnership

[richman777114] 08/12/2022 08:19

Looks like Amati back in selling mode this AM

[richman777114] 08/12/2022 08:18

Had a quick readOrder growth for Sept and Oct is encouraging and MRRs are buildingThe key takeaway is 'large scale opportunities with global technology providers'-that is what we need

[wololol] 08/12/2022 08:02

Yes. Are you buying another 500k then Zico?

[z1co] 08/12/2022 07:56

H1 as expected sales have already started to increase in H2 up 44% in October and November , it's looking good going forward.

[wololol] 08/12/2022 07:49

The loan can be used for working capital. Also 350k post period so true cash balance is over £2million. So pleased for the outlook update that's all I was really interested in and orders are up 44%! Wow. I expect this to keep increasing MOM.

[clocktower] 08/12/2022 07:42

Cash at end September £1.96 and that includes the Boost loan of which £1.5 million is set aside and has certain restrictions. They also mentioned a number of factors and options that could include turning to investors if extra funds were required.

However as you say Wololol orders are increasing and it seems they might have a partner in some form or another in due course.

[wololol] 08/12/2022 07:30

All tests show that the Group can move into profitability within its existing resources, whilst maintaining a normal working capital profile and repayment schedule.44% growth in orders post period October and November . Very pleased with results.

[jonesy100] 08/12/2022 07:24

Not impressed with results. Jam tomorrow as always and burning merrily through the Boost loan and sale windfall

[wololol] 08/12/2022 07:19

Interims as expected as per final results but outlook way better than I expected. Aggregate orders for core services across October and November 2022 growing by 44% compared to the same period in 2021! Maybe looking at £4.5million - £5million revenues this year. Also MRR sales growth of 100%.

[z1co] 07/12/2022 19:01

Wololol,

I'm actually very relaxed holding the shares,they have a tiny market cap of only £3.3m and have £2.5m in cash.Change of name to Falanx Cyber Security will also help the company to win even more contracts.

Trading has been strong in the current financial year and will remain strong throughout 2023,at some point the shares will get rerated aggressively from the current low levels.

[wololol] 07/12/2022 16:40

Big day tomorrow. Get your 500k ready Zico and let me know if you decide to buy. I'll be buying more on the bell if I like what I read.

[z1co] 05/12/2022 11:00

After the 2 buys of 500,000 and 1,500,000 both at 0.639p , MM's have increased the offer to 0.645p for 500,000.

[z1co] 05/12/2022 09:17

You're a sad troll and a very bitter you loser.

Share price has been depressed for a long time due to Amati selling down their holding.

You cannot grasp that your purchase was clearly at the wrong time , however that's not your fault it can sometime happen.

Share price is poised to rebound very strongly in 2023 due to the company trading very strongly for the foreseeable future and Amati share holding reduced significantly over the last 18 months.

The company will announce Interim results this Thursday and i am very confident the outlook for H2 and 2023 will be very upbeat.

[yump] 04/12/2022 23:15

Actually I invested when the same lot had a different story that was more exciting because they were touting the magical Midguard around.

Now they are just another cyber business.

You don’t seem able to grasp that the market has been growing for years.

[wololol] 03/12/2022 10:28

You invested at the wrong time yump , it happens. Now is the time the market is growing exponentially and so will Falanx. Now is the time.

[yump] 03/12/2022 09:29

I did - years ago here and look what they’ve managed to do in this ever growing market.

You don’t have to buy rubbish to invest in the expanding market.

Put it another way: if your neighbour showed you a product they paid £300 for, which turned out to be rubbish, but then you saw it on sale for £50, would you jump in and buy it ?

[wololol] 02/12/2022 15:26

Link to the below. Certainly investinging in one of the fastest global markets seems to me to be a good idea. https://www.businessleader.co.uk/what-is-edr-xdr-mdr-in-cyber-security/

[wololol] 02/12/2022 15:25

Gartner estimates that 50% of organisations will be using MDR services in 2025. There are a few reasons for this predicted growth:Cyber security skills shortage – There is a growing skills gap meaning that recruiting and retaining highly skilled cyber security expertise is growing increasingly difficult for organisations.24×7 protection – Cyber security requires 24×7 monitoring, detection and response, however many organisations don't have this capability and don't want to pay to build this internally. Partnering with an MDR provider, gives 24×7 protection – whether fully outsourced or using a hybrid model to complement your internal security team with out-of-hours support.Internal capacity – Internal IT teams are already under great strain and adding the high-pressure job of cyber security threat detection and management will stretch staff workloads.Cost – Building an internal cyber security operations centre is an expensive investment when you consider the technical implementation, process development and recruitment. Partnering with an MSSP for MDR services provides cost-effective access to advanced security.

[wololol] 02/12/2022 09:20

Took another 500k this AM

[z1co] 02/12/2022 07:55

Interim results next Thursday 08/12,the anticipated strong trading in H2 will drive the shares higher from this way oversold position.

Market cap of only £3.3m which includes £2.5m of cash.

[wololol] 01/12/2022 07:46

Will be really interesting what market cap they float at on 15th December.