Falanx Cyber Security Share Discussion Threads

[dave4545] 06/7/2023 13:58

44k or £10k buy makes a dent

[dave4545] 06/7/2023 11:15

Perhaps one mm who booked the Amati stock is selling the last of it safe in the knowledge they are still making a nice turn on it.

There was no other delayed buys yesterday so they might still have 50-100 of it left to shift.

[dave4545] 06/7/2023 11:14

Had to work down to 7500 before I got a quote.

So it's 23-24p NT to sell and 7500 max at 24p so again the mm's are playing with tiny numbers here and they are winning as people sell lower and mm's make 3-4p turns on stock they sold earlier.

[wololol] 06/7/2023 11:08

And the dumping starts, back down to sub 20p.

[babbler] 06/7/2023 08:56

Nice buying. Doubt many sellers here as tbh they didn't allow many buys recently.

[dave4545] 06/7/2023 08:28

It's NT to sell been that way since open but only 15000 max buy so they are def cautious and now in a market with no overall seller so any trades now can really move the price both ways.

I think it will drop first, buyers will come in and the price recovers and goes blue later, just a guess.

[dave4545] 06/7/2023 08:22

The bitterness is incredible

He knew the 100 for 1 consolidation was not good so he went into pump overdrive with the sole intention of dumping before it happened.

And then the sheer arrogance to deramp when there has been no material bad news since he was ramping it.

People like this are scum real scum, you sell make one or two comments then move on.

[wololol] 06/7/2023 08:19

The SOC revenue is next to nothing like £250k per annum. Read the full year reports, it give a breakdown of revenue. The pen test is the bread and butter and that declined in real terms. Its not looking good . Like I said I had high hopes for the company, was hopin for like £4.5 million revs but after that last update it looks like it's never going to make any decent revenue and so a near term cash raise is inevitable.

[wololol] 06/7/2023 08:16

Raising capital in these markets will almost be impossible for FCS with the poor revenue conversion and no chance of being profitable. Need at least 25% YOY growth in this market like other cyber companies are achieving. FCS will be left behind.

[babbler] 06/7/2023 08:15

How's that short going which you should have closed yesterday?saw strong growth in SOC monitoring revenues which grew by c.21% when compared to FY22. Total SOC order values (New Logo, Renewals, Uplifts & extensions) were up by 58% on FY22, reflecting the continual achievement of service excellence (with a strong Net Promoter Score of 80%+). This resulted in a growing volume of SOC clients through high annual renewal levels as well as growth in the estate coverage of individual clients.Ps the holdings rns yet to come ... And it will.

[wololol] 06/7/2023 08:13

Yes big drop incoming, continue the down trend to about 10p after that awful trading update. They will need to raise within 6 months if that.

[babbler] 06/7/2023 08:13

They aren't allowing much volume as they are gits.

[dave4545] 06/7/2023 08:11

Going to be a massive shake methinks.

Incredibly illiquid, they will pull it down to a level where they all go buyers to get all the quick buck chasers to sell for huge losses.

[clocktower] 06/7/2023 08:06

Question is who is going to jump off first and take small profits dave4545 as there has not been enough volume to allow for any huge profits.

Good trading.

[tomboyb] 05/7/2023 16:27

30p+ coming at this rate -

[tomboyb] 05/7/2023 16:17

5k max at 25.4p -

[tomboyb] 05/7/2023 16:14

Going up -

MMs want to offload -

[clocktower] 05/7/2023 16:07

How many can you sell online ?

[dave4545] 05/7/2023 16:03

First online quote for a while 3750 at 25p available

[sclper] 05/7/2023 15:57

Should see a decent recovery now the big seller has been cleared. Would have been gutted to sell at the lows ?

[wololol] 05/7/2023 15:52

That was before the abysmal trading update in July . 5% growth WTF??

[dave4545] 05/7/2023 15:42

Basically showing everybody reading never to believe a word he writes because the moment he sells he will turn deramper and on a day a monster seller for maybe a year has been cleared...embarrassing


Wololol - 31 Mar 2023 - 13:54:38 - 612 of 623 ECSC Group Blue chip cyber security - ECSC
Take a look at Falanx so undervalued