Member Info for dactions

oops typo - James Parsons

James Persons knows the words to choose to please PIs - or at least me - there's a real buzz that in it's new form, this company will take off. Quote: I am looking forward to working again with Continental and the new team to quickly establish this company as a successful mid cap player and a growth vehicle of real excitement for our investors."Endquote

Didn't we get news previously about the tie-up with CII or was that pre-profit sharing news ?

Today's RNS announces a 700k defence contract for work relating to their submarine air systems. It's welcome news of course but we're really waiting to learn acquisition developments.

The more I think about it, the intention to have a rep in Boston whilst a modest step in some ways - but for RENE marks the first step we've really seen as to moving the company forward 'commercialy'.

There's a slight difference in price - I suspect that's a tax deal with sale and matching buy back ?

Dick Morrell, CTO at Falanx tweeted Friday - the inference is that positive stuff happening there - hope so ! Quote: Dick Morrell‏ @TheSecurityBod Dec 8 I must stop occassionally reading share boards when on conf calls, nothing good can come from it. It's fun to watch folk guessing about things but genuinely - hard hard work is underway and it has a payoff soon Endquote

Any particular reason JoeCreed - why you'd like the suspension to last for a good while yet ?

I agree with the positive sentiments expressed. They say it's unsecured which shows a remarkable strong support from within the BOD. 5% isn't a great inducement if the outlook isn't positive - so we can take it that they see it as defintely positive. As regards where you get paid off in the event of liquidation - well as always shareholders are last. All the more reason to be pleased with the loan.

Freddie - I've thought opening in the US can be wasted resources - but in the case of RENE and with their close association with Boston in respect of the RP trials, perhaps it will lead to a better financial outcome and sooner ?

Sorry CFRPflyer about Tortrak - I can see your points - especially hanging in there with TRK and then it ends as it does. I think you're right re the Government's ineffectiveness in understanding what these areas of business activity need. Of course when we talk of the government, for me, I really mean the Civil Service as being ineffectual. Having worked in several areas of the Civil Service in my youth, I think they're definitely good for paper pushing but not for blue-sky thinking. However, that said, RENE does differ from your TRK in one major respect which needs shouting from the rooftops so there is no misunderstanding - it's Balance Sheet has a massive amount of cash. Good luck.

Thanks for confirmation of comments Dar & TruroTrader. Hopefully, we don't have to wait much longer.

The lack of news re. acquisitions I think lies behind the shareprice drift. Phil Cartmell, CEO report 12th September said: "The Company raised £20.8 million (net of expenses) towards the end of July. The proceeds will be used to support a programme of investment in the existing business together with the acquisition of suitable companies that demonstrate synergies with the Group's current activities, and that are intended to be accretive to earnings in the first full year following completion of their acquisition. The Directors continue to evaluate a number of acquisition opportunities and have identified several in areas including simulation, emulation, mission control systems, satellite technologies and unmanned air vehicles, where discussions are ongoing. The Board is aiming to complete the first acquisition by the end of the year. " As that was written 3 months ago, I think this is the reason for the drift as I guess we were all expecting news by now. The placing at 6.5p was well received as was the open offer to existing shareholders so the current sp 5-5.5p is clearly a disappointment.

This has to be seen as good news. Quote: Fox Marble, the AIM listed company focused on marble quarrying and finishing in Kosovo and the Balkans region, is pleased to announce that it has received an unsecured loan (the "Loan") from Roy Harrison OBE, a non-executive director of the Company. The Loan is for £500,000 and has an attached interest rate of 5% for the outstanding period of the Loan, which may be repaid at any time within the two year term.End quote This clearly shows confidence within the BOD of the positive change in the company's business outlook. Previously, there had been an annual placing with obvious dilution for existing shareholders in 2013, 2014, 2015, 2016 but 2017 marks the first year without. Even though the industry has to shutdown during the worst winter months, we're told that the factory will be processing thoughout the winter months existing marble blocks of which there are masses ready in block form. Expecting to hear more good news on further sales contracts in the next few months and its postive impact on cash flow.

Not sure Fallingknife why you want to keep rubbishing this share. It's true that I'm taking a contrary view as I own the shares.. But If you think about it, to have their CTO actually do a blog last Sunday in such a bullish way deserves more serious comment than " must be a sell judging by the timing" Over my years of investing, I can't think of another share where I've seen a Blog turn up like Morrell's.

An interesting blog has just popped up today ... could be a SP changer for the better ? http://www.40somethinggeek.com/new-beginnings/ Here's the bit that hit me hard when I read it - he certainly talks the talk. As a fellow shareholder, I do hope indeed he's right ! Quote: I sit and read the Falanx investor boards once every couple of weeks and laugh nervously. Everyones an expert. Well newsflash. I�ve been here ten busy weeks and I�ve not seen daylight. Not one of these posters clocked my arrival. The fact the security company I created on thin air just got bought out in an MBO backed by Tenzing afer becoming the defacto standard. Too funny, I�d have really thought someone would have said �theres this guy from Gartner who just landed, who sort of has a track record in making revenue and marketshare � why did he get in at the bottom ? Why did he choose Falanx all of a sudden, what does he know that we don�t ??�. Nothing. Radio silence, not one blink. It seems that folk are too busy speculating about stuff to spend time doing due diligence which is hilarious for me as a shareholder getting in at a stupidly low market valuation. Endquote

An interesting blog has just popped up today ... could be a SP changer for the better ? http://www.40somethinggeek.com/new-beginnings/

Thanks for link Jupiter - Barder was certainly projecting strong vibes for early next year. Some of us of course, me included, had been holdng an investment which wast twice the current price level so we'll be looking to see some decent recovery in the sp soon. The reasoning of the walk away from FUM by Charles & Dwight is still unclear but of course the Med2002 is a completely different ballgame which offers the prospect of a very significant financial opportunity for all of us.

Late trades 3 x 1million from Tuesday only showing today (Friday) - they're almost certainly Sells. Then we have matching (?) trades today for 305,000 shares - probably Capital Gains Tax related ? Whatever the above - it is showing the resiliance of OBT - I continue to be confident that the next news, when it comes, will be good for the shareprice imho.

The long awaited RNS today doesn't on the face of it offer much hope. I've now sold out for a hefty loss but can see there are considerable opportunites for the manufacturer that gets it right with 'Smart Pallets'. It's becoming clear that simply making pallets more durable isn't where it's at - RM2 has recognised - but perhaps too late - that the smart money is in the Internet of Things technology which is evolving rapidly. How cheaply can they make their kit ELIoT - ie electronic link to Internet of Things - and how good can they make their management system whereby Manufacturers/Distributors using their pallets can see if their goods are being shipped correctly/safely or if they arrive damaged, where did the damage take place. A bit like the Video standards (VHS, Betamax, 2000) tussle of the 70s/80s where it became clear that only VHS would continue, RM2 has probably backed the right standard in ELIoT but has it got the money to take it forward ? But for the total mismanagement of the Canadian Factory, the answer would have been Yes but now . . . .?