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DodgyPot has a neck like a jockey. Ramping this crud FLX at 4p and still shamelessly attacking anyone who is negative on this, If he thinks Aston martin is a good investment he should have a look at the accounts. Furthermore being a former board policeman he should try and only post about FLX here. Clue is in the share title.
That last post was FK’s advices on the Aston Martin board in early Sept.
Now trading at 630p..
He has not been seen for dust on that board since .
Let’s hope not too many too many (besides Shep) took any notice of the Muppet.....
02/09 -AML -“ This is a wheeley, wheeley bad investment, my advice is to steer clear”
Was 470p Now 556p”
Morning Michu, investors heading for the exit this morning. I wouldn't be surprised if the 1.5p listed as a sell is actually a buy and the real spread is 1.4p/1.5p bid ask. If so expect a fall in the offing as the SP gets corrected.
While it’s often the hope that kills you in co’s such as this, here’s to the hope that Solar Winds can help this company move to cash b/e in 2020 !
Generally, Turnover is increasing decently here and that always gives you a chance, at least.
Panda be careful. The board police and cheerleaders like the Dribbly one will give you two black eyes for talking sense.
I think the project Furnace is fuelled by the burning of £20 notes.
Seriously, it is shocking how quickly the company burnt through the last placing funds.
No sizeable contracts have been announced so the next placing won't be far away no matter what happens with Solarwinds.
The company can't wait until it's down to its last £100k before acting but who is going to support it this time after another year of non-delivery.
Fair enough Hurst. You seem invested in a Santa Claus rally. Previous experience of FLX suggests that once news is out FLX go to radio silence. Let us see if this time it will be different.
Marketing or PR?
Oh dear
Think not
With regards to the price , let us see before the close for Christmas.
Solarwinds perhaps taking a more active part of Falanx’s expansion
Hurst what do you think will change in a week?
As for overseas expansion;
"Cyber costs increased by £0.20m, although we do not expect all this increase to be reflected in H2 2019. A significant element of this increase was as a result of the expansion of sales and marketing costs, increasing support for anticipated Solar Winds sales".
Roll on the overseas jollies ..I mean... marketing and sales costs. Who is going to fund that?
You didn't answer my question btw. Do you work for one of these companies in marketing or PR? Your posts suggest so,
Fallingknife1 , very good point indeed , however Solarwinds are now finally stepping up the pace for overseas expansion.
Let us see if this is a pre Christmas rally candidate.
Talk again post Investor day in NY
Hurst I hope your exhuberance is better than in July of this year when the SP was 2.2p!!!
"2% client wins equals to £4.8 mill with as mentioned very attractive margins.
We have a company with a highly oversold share price , fuelled by rumours of capital raise etc .Figures will be out in the next weeks and I would expect a significant re rating of FLX , very much helped by earnings and revenue est being revised higher as well as confirmation of no requirement for any rights issue.
Solarwinds will announce 2q numbers on 1/8 and we will most likely hear more about the progress of their Threat Monitor software .
The stock is in my opinion a massive buy and the market is not prepared for this .
Massive buy."
Do you work for any of the companies you post on? Maybe you got "buy" and "sell" mixed up back then?
Company presenting today at Credit Suisse
tomorrow at London MSP conference
Next week investor day in NY
International expansion will be key topic at the investor conferences and tomorrow expanding their presence among U.K. MSP’s at the excel conference.
Hugely positive for Falanx. Solarwinds turning on the international expansion and Falanx are ready
Can't imagine it it is the BOD GLR as they will be keeping their powder dry I should imagine for the inevitable placing while quaffing some fine distilled water at the AGM.. I think the small flurry of buys has now weakened and the SP drop will accelerate once more. I should think 1.4p/1.5p bid ask is more appropriate. I would be holding the BOD's feet to the fire were I an investor at the AGM but I should imagine they will be deflecting with more promises of jam the day after tomorrow. People talk about the gig economy. FLX is one of the best gigs around. A plate spinning exercise which will come crashing to the ground on a well remunerated journey for the BOD.
Anyone seen dodgy Pot and Mr Dribbles? Must be round Jacob Rees Mogg's house.
Solarwinds will talk more about their international expansion at their investor day next week.
The company is presenting today at Credit Suisse conference in Arizona .
SolarWinds will host a live webcast of the event beginning at 11:30 a.m. ET (10:30 a.m. CT/8:30 a.m. PT) on Wednesday, December 11, 2019. A live webcast of the event will be available at https://livestream.com/ICENYSE/SolarWindsInvestorDay2019. Replay of the webcast and the accompanying slides will be available on a temporary basis shortly after the event on the SolarWinds Investor Relations website at http://investors.solarwinds.com.
#SWIfinancials
FK1 likely be LTH or people averaging down, or maybe the BOD?
Happens a lot, remember the last results, went over 2p - only to come crashing back down
Fully expect this to go sub 1.25p in the near term, placing now likely in Q1 2020 which will send it tumbling further
Total avoid in my humble opinion, at least until they raise again and possibly make some changes or additions to the team
The suite of products appears to have some value, but to spend 3.3m for those results results makes it a total avoid IMO DYOR not investment advice
Of course like any share on AIM they could get lucky with a large deal and/or something along the lines of that solarwinds partnership
Good post Michu! Like the last positive reaction to the results I cannot beleieve investors have bought into this from 8am. Michu you have acknowledged it is a gamble, the others must be bottom fishers or cannot read properly. I am interested to hear from comes from the AGM incidentally. I expect more flannel. Can anyone make a bull case for FLX? Apart from it has been beaten down so much and the possibilioty of jam the day after tomorrow?Appalling! Strongest sell. Best short on AIM on any recovery from here.
Fair play to you knife, called it spot on...
Well called again - and for the umpteenth time too- here falling knife. And Noel can be pleased that, at very least, the short term view of selling out here at the levels he did was a good play. (And of course the medium term from here could be further bad too.. but hopefully not )
I'm disappointed and surprised that loss widened in the first half, especially into decently improving revenues.. and clearly the market is too. Although one caveat, if I may, is that more colour on the future potential off the back of extra monies - eg 300k - spent in this quarter may give those who attend the AGM today a more positive view/spin on things forward from here. ( it may not either and this can of course go further down from here too)
Fool that I could easily be, I still see a decent chance of progress from here forward - Solar Winds being important to that - though and did a small top up at 1.40p this morning. If it's good money after bad then so be it, as some you win and some you lose and some you draw in the nature of the game I play.
As I have said all along this share is for hard core gamblers- like myself - imho and those who bet on it should be prepared to lose much or even all of their bet
Appalling results. 5.2million in revenue but 4.1 million in admin expenses. Add in a net cash spend of 1.27m in operating expenses. 1.8 million loss but only £710,000 left two months ago. You know what is coming folks.
A cash cow for the board. Everyone else is getting milked. Nothing to see here. Time to MOOve on.
so small chance of an update RNS at 7 am tomorrow I guess.
some buying today ahead of that AGM a possibility too..
and if an impressive AGM then some buying tomorrow a possibility too ( if not impressive some selling a possibility too of course )
With SolarWinds software rollout now- at last - in train and general business development seemingly progressing this company has a reasonable chance of meaningful bottom line progress in 2020.. very hopefully. ( that has been said a fair few years previously to no avail, granted.. but SolarWinds angle is a new thing and so gives more hope this time, to me at least )
Interesting comparisons, however a couple of questions it poses, are they debt free because they cannot get credit ? Or do they just find it easier to go to the Investors for a hand out ?
Someone must be crystalising a loss! All sales now even though 1.5p is a support of sorts. I expect 1.5p to give way shortly.
ECSC doesn't look too bad compared to FLX
Similar revenues (2.6m H1 vs 5.2m Full Year FLX)
Ebitda H1 loss dramatically less vs FLX full year, although both have quite large operating losses, with FLX potentially double the Y/E of ECSC
FLX certainly has more cash, 0.45m to likely over 2m for FLX
Still, it would appear ECSC is doing more in terms of return on investment than FLX is, improving revenue and margins with less cash than what FLX use
Odd how both companies posted a very strong July (2019 for ECSC and 2018 for FLX)
Haven't checked debt though, that could be a costly one for ECSC, FLX being debt free also a bonus
Of course the investment case changes again in December on results, good luck to FLX hopefully there is some good news to accompany the result, a new contract possibly
Wafer thin spread. Some buys coming in admittedly but 1.5p won't last long here I can see 1.4p coming up in short order provided we get some decent sells. For sure anyone who wants to exit for a decent amount of say £5000 will have to go to market.