Member Info for Fallingknife1

I was wondering why investors were suddenly switched on to this. Looks a good call so far as the spotlight has been on this for days solid. Still 10% under my buy in price but nice to see a little light at the end of the tunnel at last.

I the fall is way overdone given it is a premium label and still makes 50 million. However as there are many problems to be ironed out I don't think it is wise to have my money tied up in this this. I better collar something more suited to the modern era in my next investment.. I shall mothball this one until some of the problems are addressed and the SP recovers a little. Then I will be out like last season's fashion!

You got me wavering Phil. i will stick by my optimistic forecast though as it is about time that DKL throwing up a googly was something we would be happy with rather than being a serial disappointer. There has been some buying around 3.7p today but we are going to need some buying in volume and at prices up to 3,8 and 3.9 to get us to 4p on the ask. We look some way short of that for now.

Morning Strudel. Yes well below but seems a bit brighter. Decent jump today but perhaps just recovering speculatively after being sold down. No indication of what is behind the rise but if the recovery is really underway then we can expect more days like today.

spread is 2p/2.09p and the 'sale' today is in fact a buy. Any exiting in volume is going to be sub 2p so we are at an interesting possible inflection point now. This has bounced off 2p support many times but I suspect how quickly it retrenched after the latest flurry is quite a worrying sign. If the rate of sales persist then we are heading for new lows.

SP is looking salty and the company itself all at sea! I certainly wouldn't shell out for some of these as I bet most investors are under water on their investment!

Bump :)

has "25p, 37p read the RNS Naz" read today's RNS??

Does Woodford buy his suits there or something?? There seems to be concerted shorting of TED driving the price down. It would be disgusting if something wrinkly emerged at the AGM given this price (re)action which has taken the polish off the SP. I am going to cut and run at1200p as I am finding the shrinking SP a real hairshirt!

Matthew you are naive in the extreme if you take everything that is uttered by companies as completely factual- particularly on AIM. I have a small holding in Autins and there was a confident statement on March 28th
"Our cost base was reduced at the beginning of FY2019 to reflect short term demand from our key customers, yet despite market uncertainties our financial performance for FY2019 is currently in line with management expectations. We expect continued sales improvement for our Neptune product and will continue to focus on customer diversification through development of our overseas operations and our Tier 1 supplier relationships.
The Board remains confident in our strategy and the considerable market opportunity for the Group."

to yesterday's TU

"The Board anticipates that margins will increase at a slower pace in H2 than initially anticipated due to the challenging market conditions, despite the actions taken by the Group in the year to date which, coupled with the delay in margin recovery seen in H1 2019 will impact the Group's profitability for the full year."

Why does FLX need an advisor with quote "cyber security expertise and trans altlantic presence "? Surely the companies has that itself? is it to disguise the fund raising element of Stifel? The sudden departure of the previous adviser has not been sufficiently explained. But as Noel points out we will both read the same words and see different things. If this makes ti to August without any more hiccups I will be interested in your interpretation of the accounts and what has been said above.

I am getting a bit spooked as fall follows fall. Is the AGM coming up? There might be some reassurance there. I have mothballed TED but might go my PF changing rooms and exit as I don't like what I see in the mirror today!

I am going for 18098 for Q2. Last year must have been an aberration and we did 15000 almost in Q1. January 2019 was lower YOY so if momentum was maintained during the high season then a 20% uplift is not unreasonable. If H1 and H2 are 2/3rds to 1/3rd in terms of production then we really need to be 30000t by the end of H1. I feel like deducting about 600t to allow for the fact that the BOD will be somewhat focused on the cashew nuts project but will stick with my optimistic guess for now.

Matthew C we will haven't got to the bottom of this sudden change of adviser which accompanied the above quote. The market has given a pretty damning indictment of the company, It got a small boost after that statement and ran up to 2.8p in short order. Now it is heading back to 2p support level at a million miles an hour. There are quite a few options potentially to be vested at 4p, 5p, 7.5p and 12.5p. I am willing to wager that most of these are absolutely worthless!

In addition to the f.all info there is also very low trading here which exaggerates movement. Only 87 trades in April -admittedly this does include 2 'lost' trading days for Easter and 98 for May which had two bank holidays. You would expect two to three times that volume. So apart from the occasional flurry, there is very little interest in this share currently with many holders locked in at a loss ( including 80p tfish the bounder hahha) or some small speculative buys. This will change in August I assume when the results are out. But if 2019 is the make or break year for FLX then at the halfway stage newsflow is doing little to suggest it is achieving anything.

Morning Rugs. Perhaps not the buy!

05-Jun-19
08:50:38
Trade Price 3.00p
Volume 274,112 Sell* Bid 3.30 ASK 3.50
Total 8,223

This went through yesterday as a delayed reported trade yet did not impact the SP The 9500k trade this morning does not seem to be a delayed reported one so perhaps more DKL shares are being hoovered up and today's trade had no impact at all.

Naughty Dibs :0.Actually Dibs you have been able to trade this one and have a better handle on the company than me. I have been calling it all the way down from 54p. Though I still haven't been proved 100% right as there is a chance it is making lots of money as Noel S said , that they announce a decent divi. I would add to this they need to be able to wash their own face and not have this placing addiction. There is no evidence of the first two which is why the SP is where it is at. There has been no recent evidence of a placing. Yet if one emerges soon then the SP will be sub 2p in no time. At this time I am calling further falls here due to the recent flurry of buys which when they try and exit through boredom or for capital preservation will see further below bid sales. In turn the SP will be driven down. That is where I am at.

Looks like you need windscreen wipers to wipe away the mist here as that statement has proved to have been pure fog. Seems a helluva deterioration since the confident statement. I am only surprised it hasn't been off-roaded by today's update. I will hold my small shareholding for now in the hope of a recovery but today's update doesn't leave me with much confidence!

Afternoon Rugs, Happily my forecast was out there and the climb continues. The almost 5k at 3.6p might be Dumper Dude or better for us a delayed reported buy, As it was under the official bid of 3.7p it will be interesting to see if it has any effect on the rise.

Some welcome relief at last. Rugs can you sell some more please? We need a contra-indicator!
I would like to believe we have turned a corner but the ascent is always slower than the ascent. I remember when we had visions of 20p when this was probably a lot more risky. I have a feeling that 3.7p will be a resistance though and hope my gut instinct is wrong.

Dumper Dude will be frothing t the mouth with this price action. I wouldn't get too carried away with 4p and 5p as the production report is a month away. With a board asleep at the wheel and able to assign blame for underperformance to every man and his dog -except their man and their dog -I fear we may have different investment sentiment on their release. However an 11% SP rise even given how beaten down the SP is under current management is not to be sneezed at. A bit of grip on the fundamental production and supply problems would be far better received by me than any unsustained jumps in the SP.