Member Info for Dibs61

AGM tomorrow.... Sadly I can't make it as I am inpatient in hospital. Anyone going?

Going 'very well here'..,,

Laptop15 - short answer is yes I do think it's a good buy in price - emphasise long term - personally I don't think there's any rush to buy though

Thanks.... still in hospital due to colitis flare up hence a bit quiet :) Certain life events can help put things back in perspective

Re Darwin IMO the answer is no - you will not find anybody who has found Darwin involvement to be beneficial to their companies share price. But the reason for this is simple, Darwin is a last chance saloon when all other 'investors' have decided to shy way, steer clear, Darwin will take the risk because the terms are ultimately totally in their favour. As they are, and will be, with Falanx. FLX have no choice but to dance with the devil. I've read Adastras hopeful theories about Darwin but the truth is they just need the cash. Badly. My bottom line on this whole situation is the same as it comes down to any company - quality of management. I don't think that FLX have the quality of management. I will be this blunt -Anyone, and I mean anyone, who claims that a £2m turnover company can become a £1bn company in five years is plainly utterly unhinged from reality and is not to be trusted.

Still haemorrhaging money. No firm date STILL for factory completion 'summer' too vague. Summer will soon become Autumn Autumn will soon become winter. Shareholders can have NO trust after this company has failed to deliver on timescales for this factory time and time again.

Wish I could claim it! Sadly not. But certainly mopped up the recent sells. Hopefully we will see another leg up this summer. The chart looks awesome.

Fancy a short break in Guernsey in early June? Sounds nice

Fwiw the new management has largely delivered and I would expect them to deliver on the plan. The major milestone other than debt refinancing being the successful transition to underground mining at New Luika with minimal delay and to budget. If that's achieved + strong Pog = happy days Longer term I'm Optimistic + takeover possibility. Just not right time yet. Re Kolar - yes still in. In hindsight should've taken some profit through a top slice. Unfortunately for me sometimes my health recently has necessitated hospital and investing decisions have taken a back foot! Hoping for some developments but ive always stated financing will be required.

Re LEG in fairness I don't think you can compare FLX and Virtualstock. Virtualstock is a potentially highly disruptive technology stock with a usp already getting some big big name deals including Tesco I believe. Falanx does not come into that category, there are many other companies offering similar products and technology. Manage your expectations accordingly!

Very interesting and informative post. I was actually looking at the chart and thinking 3.5p looked an ideal entry point from a technical standpoint but we're splitting hairs. I also noted the switch from Germany to France but it seems logical enough - largest market in Europe and showing nimbleness no? Other than that I bow to your closer knowledge of this company and your views are helpful for further analysis.

That was a handsome buy the other day @ 5.7. Not you pulling the trigger was it luke? ;)

Oh and btw you made a bloody good call with LEG - well done! I've been watching it for a while and was seriously thinking of pressing the button @ .14! But alas I didn't. I guess I tilted against buying as it's an investment company and I'm not always a great fan of them but they have one or two very interesting investments that's for sure,

A really good post Adastra. Reccommended

A good time to buy here

Don't start posting the derampers and please move on nonsense. So predictable. My comments are all 100% backed up by what the company has advised the market. It's my point of view. You would do well to pay attention but if you don't wish to read it then feel free to filter me. I've put good money into this company and am more than entitled to say what I think.

No figure for the contract so we can assume it's miniscule. A total rehash much of it which has been said in previous announcements. Which is why the market has ignored it. The most significant info provided was the £100k montlhly cashburn. This means they are still running a current trading loss of £1.2m pa. A LONG way from break even and they have to pay what is it £0.5m to Darwin in six months! It. Ain't. Gonna. Happen, Laughably Blamire talks of cost cuts. What cost cuts? Top management costs don't seem to have been going down with two new top appointments in the past few months. The cashburn (by my calculations) was £150k six months ago so they've reduced it by a third but that is with all these govt contracts AND supposedly cost cuts. This was another opportunity to update the market on: - cyber insurance? Silence - system integrators Silence - BYOD Silence Very very thin on any substance. I really believe Blamire should be made accountable for many of his claims. AVOID like the plague.

One word: Desperate

Time for the BOD to step up and start buying the shares. Blamire made the insane ludicrous claim this could be a £1bn company in five years. So, fill your boots then John!!

Feel free to interject. Can I ask you a question? Do you believe there is a correlation between the interest rate you pay on debt, whether that be a loan or credit card, and your credit rating? Since I expect the answer to be yes because it IS yes why would this be any different for a business or corporate arrangement to a personal one? And regarding the yield it's not just higher it's substantially higher, over 60% more - 8.5% to 13.5% - on how much?