Member Info for JPGt

Fk1: I am a holder, with some background in a related industry. I have a positive view on the quality of their staff foremost. Margins will reflect the fees consultants charge for consultancy and especially analysis, with lower margin for Monitor. The monitor stage will be where we look for multiple (relatively small) contracts where the man hour cost of monitoring and reporting is spread across mutiple contracts. It looks like Falanx whant this to be a higher volume low margin business with repeat sales (low cost of sales); they are getting closer but are not there yet. ATB

Bull case: post period statement of 80k revenue per month for cyber defence, and rising, compared to average of circa 20k for 2016.

Stocko are showing a predicted trailing twelve month loss of £3.02M and revenue of £1.74M to March 2016, which would take into account the interims (last sept?) but not much else. I hope for better than that plus a positive summary of progress since March and a posive outlook backed by evidence (e.g increased profit from the intelligence division, sustained profitability of ASC and slowly rising contract rate). Will they say anything on the renewel of the CERT contract? What I dont expect is evidence yet of larger contracts.

Thanks for the reply. I agree organic growth to 1bn in five tears from 4m is incredulouse. Hence the only sane view is that JB is directly refering to a plan that the best way forward is consolidation ay some point. For this i give him credit of having vision and good judgement in a rapidly developing industry. He also has good people round him, which is also to his credit.

This is the way i read the 5bn pound claim: JB has said before that he expects significant consolidation of the cyber players and that flx will be part of that. The result is a large cap business. We dont know whether JB thinks that is a near or medium term option for flx. As an inexperienced investor in the small cap market, is an flx merger with another small cap player or takeover by medium or large cap company a good thing in the near future or bad for current investors?