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Looking again at the RNS 7/12/2021 and taking into account debtors/creditors and loan the business had £4M cash which is todays MKT CAP, crazy but I have seen this before and in these cases when the market realised that there was an business generating growing revenue and break even or profitable EBITDA, there was a SP rerate. Getting back to the RNS, Alex Hambro stated " We look forward to updating shareholders with our progress over the NEXT FEW months ". 6 months on and we have not had an update, if by chance members of the board look in here, I think shareholders are overdue a trading update with outlook statement.
For me the company since I bought have done nothing wrong, we are in the worst bear market for penny stocks since I have been trading which is well over 20 years, there's not many investors left and traders will not touch dead stocks so many stocks have been drifting and if you are a bear then it's very easy to score points the same way the rampers did in mid 2020 when everything went nuts. Unless FLX issue a reason to sell I'm not going to sell this low, as far as I'm concerned it's business as normal with a cash balance close to or matching the current valuation as a nice support.
This isn't just waffle. There is a lesson in this post and it is based on years of experience, so I advise reading to the end..
Just look at davey's posts over the last few days - the ones where he brags about GILD and see the one on Wednesday 8th June at 14:35 - "RE: Business valued @ Cash"
He gives his analysis of FLX and it is presented as reasons why the FLX sp is bound to go up..
Roly DARVO did exactly the same when he came on this board. The sp was much higher then, and despite him giving us all the reasons why it should go up, it actually fell, and it has fallen quite a long way.
We are all entitled to express our opinions and chat boards like this are for that very purpose. (a side note - roly DARVO doesn't believe in freedom of speech. He had a few of my posts removed)
So, these boards offer the chance to read a range of opinion about the prospects for a stock. Some of the forecasts will turn out to be right and some will be proved wrong, so how can we know who are the better forecasters and who are failures?
Track record is a valuable guide. Only one person on this board has been right, and consistently right over a period of years, about the direction for the sp. FallingKnife1.
The others have been consistently wrong, and look at the insults and abuse that has been thrown at me just for pointing that out. They don't like it, so they resort to abuse.
I began by saying that there is a lesson in this post. The lesson is - study a person's track record. People who are right, right and right again tend be right yet again. They are the ones who deserve respect and are the ones to follow.
People who have been wrong and who fail to admit it and insult and abuse those who point it out are scoundrels who, through arrogance, bigotry and denial, have warped thought processes and therefore their opinions and forecasts are not to be respected.
davey has been bragging on here. I'll tell you something about anyone who claims to pick a winner every time - they lie. No one can pick a winner every time and no matter how astute someone is, they will, at some time take a loss. Hopefully our wins outweigh our losses.
davey got lucky with one stock, brags about it and thinks it proves him to be a smart trader. Ask him if he has had any losses. I'm happy to wait to see what the FLX sp does - that will tell us if he is smart or a know-all braggart and show off who got lucky once.
Ignore FK1 at your peril. I learned that the hard way.
Noel, Given your years of investing experience and moonlighting on these boards you should know the following :
1, Never take investing advise from a nameless poster on a board such as this.
2, It is so hard for most AIM investors to call the top/bottom, regardless of experience.
3, There are many rampers/derampers on these boards with their own agenda, some are even paid a small fee to ramp/deramp/short AIM stocks.
4, You are not invested here, yet 54 of your last 78 posts are on the FLX board !!!
5, I have had some of your posts removed in the past due to their insulting nature.
6, Well done in turning this board into your own personal insulting forum, so much so that many do not post here anymore, how proud are you ?.
7, You should do the decent thing and leave this board as most here would wish, I am happy to challenge you on that.
8, Enjoy your weekend .
Roly.
Misinformation and cover up bluff from roly DARVO -
He says "1, Never take investing advise from a nameless poster on a board such as this" - basically true, but he misses my point about track record. Respect the views of someone who has been right, right, right.
He says "2, It is so hard for most AIM investors to call the top/bottom, regardless of experience - true, and I did say in one of my posts when I pointed that out - "and that includes me" - so why has he wasted our time with this redundant point?
He says "5, I have had some of your posts removed in the past due to their insulting nature" - no you didn't. you had them removed because they exposed your true, shameful nature and you can't stand the truth of that being told. My posts were backed up by the evidence of your words - your insulting and abusive posts about me are still there to be seen. Also still there are your posts in which you say you will do things, but then you fail to do them, proving that you are not a man of your word.
He says "6, Well done in turning this board into your own personal insulting forum" - look back to the time he first appeared on here. See how quickly he became abusive. This is another example of his DARVO nature - reversing the truth, he claims to be the victim when he is the abuser. (DARVO = Deny, Attack, and Reverse Victim and Offender - a recognised strategy).
He says - "7, You should do the decent thing and leave this board" - he said we were children and that he was leaving the board to the children. He said goodbye, but he came back. One of the examples of how he is not a man of his word, and he came back because he is a bully who just can't fight the urge to cast abuse.
Everything I have said is backed up by roly DARVOs own posts.
"no one knows where a bottom is, and that includes me" - I said that on 8th June - unlike roly DARVO, I don't lie.
It was so easy to write that rebuttal of roly DARVO's comments, easy because I have truth and integrity on my side. All he has in bluff, misinformation, mockery and insults.
He says "Enjoy your weekend" - will he be back on here over the weekend as he was last Saturday?
Last week, roly DARVO claimed that he was enjoying the festivities and he mocked me for being on here while he, so he claimed, was enjoying the festivities, but he came on here on Saturday. Saturday was still part of the Jubilee weekend, so he was on here? What was his reason?
I had a reason - that day, I had learnt on the Today programme about DARVO, and since it described perfectly roly's behaviour and gave us great insight into the sort of person he is, I wanted to post about it. If I hadn't heard about DARVO that day, I wouldn't have been on the board.
roly DARVO was on the board on a Saturday just because he can't stay off it - and so his mocking of me exposed his hypocrisy and his two-faced nature gave us proof that everything I have said about him is true.
Roly, they cannot hold out much longer on
making some sort of statement.
One train if thought is the BOD buys were
simply stalling tactics to delay an update.
If true, it does not bode well and they could
just be waiting until the prospects looked better.
They are now void of excuses and they need to
NOW be opening up with the current state of
affairs, good or bad…
... but you told us that the Moonshot was imminent !
Are the scoundrels losing confidence? Have they gone thought denial, anger, bargaining and and are now in acceptance?
Ignore FK1 at your peril. I learned that the hard way.
Hi dodgepot, I would be surprised if the small director buys were delay tactic, but it is possible. My take is that they are not looking to buy a bolt on asset, but instead looking to grow organically, this is based on quite substantial hiring of staff at all levels the past 6 months, currently looking at 6 vacancies , which given the staff numbers since the sale is quite substantial , obviously I do not know if this is staff replacement or growth, but I think growth. Having said that a trading update/outlook statement is well overdue. As far as the SP is concerned and MKT CAP , how can it go lower ! but we are in a global bear market, and PI,s who would normally invest in AIM stocks are very few, I am just seeing selling across the board at the moment. Getting back to FLX and comparing what we know with their peers, I still have a current value of 2.5p/£15 M, but that could change with the next current trading statement. Roly.
They must know the full year numbers by now so there's been no warnings so as far as I'm aware it's business as normal.
Agree they could do more pr. Perhaps a acquisition, they could even get took over themselves as a buyer would like the fact they have so much cash on the books.
Yea could be additional staff or replacements, the latter indicating
people jumping ship ! Not good..
Anyway we can surmise forever and a day, so we have to wait for
the “missing” update…
Although we always have the insight of the Muppets
to be going on with and make our financial investment decisions
on the back of these ramblings…
Lucky us !!!
"Lucky us" - that is from the man who told us that the Moonshot was imminent - but he started saying it two years ago !
Just to point out it's not me selling today, if just one pi wants out of a dead stock in this market they can do serious damage to the price. A good time for nibbles but there's no investors anymore to buy up the value
Mock all you like HtotheK, look at at sp - I'm the one who's laughing now.
HtotheK - expect to get a rebuke form the slime,ball (dodgpeot) for daring to mention the failed Moonshot. He's might have moved on from denial and is now in the anger stage.l
I see that davey is entering the denial phase. Another one. I've seen dozens of them like him come along, and roly DARVO was one too. Most of them have gone now - skulked away after getting burned. I warned them but they wouldn't listen - ignore FK1 at your peril.
Someone is very busy in their basement today, 15 posts here so far today, with am sure more to come, it must be nice to live and work from a basement, do they get paid ? what is the job description ? now back in the real world work to do.
Deramping seems to be working, one mm left at 0.75p but they are dropping on next to nothing in a market devoid of buyers, perhaps the directors could start buying again but perhaps after news as that will come first
No mention of the sp from roly DARVO - denial. It's so plain to see.
So - 15 posts by me today and a few days ago he told us that 54 of my posts, out of 78, were on this board So you like to talk numbers do you roly DARVO? Well let's talk numbers - what was the sp when you bought and were posting your "analysis" to back up your view that the sp would go up?
What is the sp today? That is a number you daren't even mention because you got it wrong, I was right and you can't stand it.
roly DARVO likes to talk about numbers - but not this number - the sp -
Share Price: 0.75
Bid: 0.70
Ask: 0.80
Change: -0.025 (-3.23%)
NTMU recent post did make 1 valid point that this board is a "Hateful Place", which is a sad truth, and all down to 1 poster, I would refer posters to my post of 10/6 17.17 point 6. And Noel yes the SP is shocking which is why I have been in contact with the company and broker.
Bear markets are brutal. All it takes is sub £1k sales to take 2-5% off the valuation day after day. £800k sale today and price quickly drops and not a buyer in sight here or anywhere. Anybody who went all cash a few months ago is loving this while people like us holding millions would get slaughtered if we rang and asked for a bid/price on a holdings now.
Did you speak to management Roly. I was going to try today but you might have saved me the trouble ?
"a "Hateful Place", which is a sad truth, and all down to 1 poster, " - look back on this board roly DARVO and see the abuse and insults you've thrown at me. Your posts are there for all to see - and they will see who is the hateful one. You have joined in with the mocking and abuse from the other scoundrels and you have made unprovoked attacks on me.
This latest post from you is yet anther example of DARVO - Deny, Attack and Reverse Victim and Offender - a standard tactic used by nasty-minded people - and your posts are there to prove me right.