Falanx Cyber Security Share Discussion Threads

[wololol] 05/7/2023 12:14

18p was a sell and the drop in bid. Looks like AMATI dumping in huge chunks.

[dave4545] 05/7/2023 11:40

I'm guessing that is a 100k buy.

The way small sales get a discount I cannot see 100k coming along when 17-20p and getting 18p

Big buy will make a dint into the overhang

[wololol] 05/7/2023 09:51

Situation has changed

[dave4545] 05/7/2023 09:39

So bargain when in but going to drop 99% when out.

Not interested in anything you have to say

Wololol5 Jul '23 - 09:27 - 120 of 120 (Filtered)

[wololol] 05/7/2023 09:27

I'll be interested when it goes to about 1p

[dave4545] 05/7/2023 08:56

Another 2 drops on L2.

Drop the offer then, I'll be interested in size at the right price

[wololol] 03/7/2023 08:53

Spot on Jonesy. This company is finished

[jonesy100] 03/7/2023 06:49

I do not see it as cheap unless they seriously transform. Their last annual report showed cost of sales of 2m and operating expenses of 3m against 3.5m of revenue. Having barely kept up with inflation in 2023, they need to radically reduce their cost base to avoid another fund raise. Cannot see that happening - they have hired more senior staff - so it is either a trade sale or a big haircut to raise cash. The latest update was classic. Weak genuine growth and oodles of jam tomorrow in the post period. Give me a break.

[z1co] 30/6/2023 12:12

The price has declined over the last 12 to 18 months due to AMATI constantly selling in the open market and are still selling even know.

Once they have completely sold out the shares will rise aggressively from their lows.

Far too cheap but could get even more cheaper as AMATI still has a sizeable amount.

[z1co] 30/6/2023 12:05

For the record i sold my shares after reading the interim results which were ok but the reduction in cash was NOT ok.

If in doubt you sell is my rule.

A good business in a good sector but like a lot of AIM companies the management failed to deliver.

[clocktower] 30/6/2023 11:37

For the record mashman I believe Wololol was buying before dilution along with Z who was ramping it for a time - but who confirmed he dumped after he had done so.

The BOOST loan and high expenses are the problem and low revenue to boot.

[dave4545] 29/6/2023 20:58

37k sale 2p below did the damage...nobody on register apart from major holders so should cross a threshold so rns due.

[wololol] 29/6/2023 14:35

AMATI will want out after that trading update. They will be selling below 20p soon all the way down to 10p.

[wololol] 29/6/2023 14:33

Pen test revenue increase of 5% this is real terms is a reduction due to inflation. I was hoping for at least 25% Increase in revenues from what they said about the biggest pipeline they have had in August 2022 RNS. They have failed to deliver, the situation has changed and so it's time to sell and say good night.

[wololol] 29/6/2023 14:29

Unfortunately, I've checked this and from my research no one is interested for takeover even at this price because their revenue conversion is so poor and cash cash burn too high. This is one of the reasons for me selling out it does look like curtains now which is a shame.

[sclper] 29/6/2023 14:22

Looks very undervalued, especially after the trading which confirms there's nothing untoward going on. Should be an attractive takeover target at a big premium to the current share price

[dave4545] 29/6/2023 10:56

He is talking bull.

Firstly if you held any shares in a stock and did not like a update and were going to sell you'd not be telling anybody else pre market you are going to dump would you.

Secondly there has been no sale of stock, just one person buying for 24p and selling for 22p minutes later, loads of those idiots around.

So clearly he holds no stock and wanted to talk it down.

I thought considering how far the price has collapsed the update was excellent, yes maybe it could be better, but turnover up, costs down and cash well we have to guess on that but it's a £1 mil stock not £13 mil as Advfn are displaying, divide by 100 you get £1.35 million.

Oversold, but incredibly illiquid now due to the consolidation, hard ot buy hard to sell

[wololol] 29/6/2023 10:36

When one has privy to the information I have available about the company you would sell. Trust me

[mashman] 29/6/2023 09:05

You sound rather bitter Wololol. Sorry about your loss but you are talking a lot of bull imo

[wololol] 29/6/2023 08:13

Also looks like AMATI have 313k shares to dump which they are willing to do so in the low 20s so pretty much this share will never go higher than that now before the inevitable curtains.

[wololol] 29/6/2023 07:53

Very poorly written rushed RNS from pressure from shareholders. 9% growth a lot lower than I was expecting. Was looking for £4.5 million revs at least. I will be selling all my holding. No mention of cash position which will be lower than I was expecting and no new business wins just renewals. Time to get out before next cash raise. Shame as it did have potential but the BOD have failed to deliver on all the previous guidance about strong pipeline. The cash burn will be too high for them to reach profitability without raising in the near future with revs of less than £4 million.

[wololol] 27/6/2023 07:14

Silence from the BOD. Another 10-15% down today unfortunately

[clocktower] 26/6/2023 13:41

Sorry to see your big loss Wololol. Good Luck with whatever you do with the remaining cash.