Falcon Share Discussion Threads

[miahkaysor] 11/5/2018 09:33

5p today?



nai

[mach100] 21/3/2018 22:30

Dreadfully run company. Exited today as the hoped for recovery has never come. Ironically it might be worth buying at 1p because these dodo companies often seem to return from near death experience. In the meantime the funding situation is too unclear for me to stay in. I had high hopes of this as a punt but it seems just a vanity vehicle for Gert

[hazl] 01/2/2018 13:31

....to be frank I don't mind whatever the reason!

[hazl] 01/2/2018 11:35

Ah but where is the answer? lol

[robin_lemer] 01/2/2018 10:31

I am asking the same question

[hazl] 01/2/2018 08:38

WHY THE FLURRY OF BUYS?
Has it been tipped somewhere?
Still hold a few.

[hazl] 30/11/2017 08:42

'With the effects of the strategy update starting to flow through to the Company's cash balances the Board believe there is no longer a requirement to maintain the capacity for further issuance of the convertible loan note and has therefore decided to formally close it at the GBP3.4 million already issued.

Gert Rieder, Chief Executive Falcon Media House, commented, "We believe that closing the convertible loan note at the current level of issuance demonstrates our confidence in the company's financial position."


Now this is good news!

[hazl] 17/11/2017 11:11

Well still got a small quantity,fair enough comments above.

I'll just put them on the back-burner for now,give them a chance.
You never know,as they say!

[woodcutter] 19/10/2017 19:38

hazl
they're starting from scratch and will need to generate revenue and profits at some pace for me to feel comfortable with it. they do have control over the manner in which the loan notes are repaid though. however any slip ups and it'll be taken by the loan note holders.

the best prospect imo is that they do generate sufficient revenue and profits to be able to at least service the 8% coupon and find a way to refinance to pay back the loan note without diluting share holders as they approach the maturity date.

one other thing that put me off i didn't see g. reider tipping his hat in the ring for more equity in any form. he only has 200K shares

one to watch for now

wc

[hazl] 19/10/2017 19:09

Thanks W.
I must confess to having mixed-up feelings about this one.
I got in at first because this company is right on trend with the video OTT market,
being a a fairly 'hot' area.
Again the non-execs they have just appointed are no slouches and Wallner :-


' He was previously President and CEO of Orthofix International, a medical device manufacturer, the acquisition of which he led in 1987 and which was subsequently listed on Nasdaq in 1992. During his presidency, annual sales rose from $7 million to $286 million.'


is impressive whichever way you read it.

Weidmann has good credentials Senior positions,Rothchild Bank stands out to me.
I expect they came across Wallner through Quiptel but anyway they are interested in the global scenario which of course is crucial.
Gert Reider claims that their focus now is generating revenue so I am going to give them a chance,see how it goes.
I only recently got in and with only a smallish sum but welcome comments good and bad.
Difficult to value at this stage.

[woodcutter] 19/10/2017 17:48

Am i missing something here, there's 55m shares in issue and they've just borrowed up to £10m convertible at 9.25p (@ 8% interest annually too) that's equivalent to over 100m shares. I know they've the option to buy out the loan notes but it doesn't look that good a deal to me.

I guess if you're taking such a risk then you'd expect a decent return. The loan note holder effectively owns the business from what i can see, market cap £5m.

even if the business is successful looks lke massive dilution coming at some point?

woody

[hazl] 19/10/2017 10:26

They have appointed some impressive non-execs I see Robin.

[robin_lemer] 17/10/2017 07:57

Very welcome news,rather raise money with convertible prefs then deeply discounted rights issue.Market still has not noted that Richard Magides has been a highly successful hedge fund manager and prior to the convertible issue had increased his holding. from 5% to 15%. Obviously subsequent to this latest issue his potential holding would have increased significantly. Furthermore it does not appear that he has any further significant holding owned directly in the UK stockmarket, he obviously sees huge potential in the technology.

[hazl] 05/10/2017 11:24

Come on Falcon!

[hazl] 04/10/2017 10:21

Actually 50% increase by Anthony Magides.

[hazl] 04/10/2017 10:18

An increased holding been announced earlier..........
missed that.

[hazl] 02/10/2017 06:59

'Gert Rieder, Chief Executive Falcon Media House, commented, "When we signed the MoU with AEMG in July, it was always our intention to move to a commercial arrangement fast. This deal is a testament not only to our ability to execute on our plans, but also an important step in our joint efforts with AEMG to deliver seamless video streaming services to the African continent. More than half a billion people across Africa now subscribe to mobile services, with the number expected to grow to 725 million by 2020 - and these are the defacto devices used to consume content. We are excited about our partnership with AEMG and our ability to capitalise on this untapped market opportunity."

At last some good news.

[hazl] 14/9/2017 07:13

Next interim announcement due according to M Star.

[hazl] 08/9/2017 09:39

Come on Falcon..........prove the naysayers wrong!

[pejaten] 03/9/2017 17:36

Let's wait and see the price at which they issue the new shares at.

[hazl] 31/8/2017 07:54

Looks like a little 'w' forming on the chart.
Bodes well I think.

[hazl] 30/8/2017 17:22

Perhaps Falcon is beginning to fly?

[hazl] 21/8/2017 15:39

Like a FALCON perhaps she will fly eventually. 8-)