Member Info for NoelShempsky

"Soon be a 1P share at this rate" - you must be new to stock market investing. Shares go up and down, and up again. Patience is required. I saw this dip as a buying opportunity and bought today. I see back to 3.5p much more likely than 1p - very much more likely, although I admit that the dip might not yet have bottomed but I don't think the bottom is far away. I bought now rather than trying to catch the bottom because the announcement could come at any time.

Something wrong here -

Share Price: 699.00
Bid: 733.00
Ask: 666.00
Change: 12.00 (1.75%)

So I can sell at 733p and buy them back at 666p ! Easy money. If only ...

I've just noticed that I didn't post the link -

https://kingworldnews.com/we-are-on-the-cusp-of-a-massive-crack-up-boom/

Thanks for giving your time to that Davey, and what you say is true.

I didn't make my point clear, sorry. I wasn't comparing the companies to each other. I was comparing statements of expectations and future prospects, versus how things actually turned out.

I have previously said how the talk of expectations and optimistic outlook in the announcements from FLX, and in video interviews with the directors, used to get me excited enough to add more to my holding, and I don't mean just once or twice. I was a buyer over a period of years and used to post on here about how enthusiastic I was about FLX's prospects. My postings will still be there - but I was a fool for not taking heed of FK1 sooner than I did.

Like FLX, and all companies unless they are in serious financial difficulty, ECK expresses optimism for the future and mentions expectations - always cautious optimism and being quite reserved about expectations - but in my opinion, they deliver on their claims. That trading update has these phrases - "US ARR ended the period at $12.7m, nearly 60% higher than last year" and "well ahead of expectations".

From the time I spotted ECK, the sp went from about 5p (I missed the bottom by waiting until it was 15p before I bought in) to over 50p. It has recently dropped back, but I think it will recover strongly.

The FLX sp just went down and down, so I got out. However, as I have said to others on here who accused me of being here just to cause arguments - I am in the stock market to make money, and if I thought FLX sp was going to go up I would buy. In fact I did recently have a small flutter on FLX, I told of it on here, and sold at a loss - making the scoundrels look ridiculous with their talk of a Moonshot.

So that is why I am still here, to make money. I keep an eye on FLX and if I thought it had turned the corner, I would buy - but not until FK1 confirmed my view and said it was safe to buy.

I said that ECK's reports, in my opinion, are always cautious with the optimism and quite reserved about expectations, so when they say "significantly" as in "The Board expects revenue and profit for FY23 to be significantly higher than FY22" - I am hoping for very good news. I think they put out their finals in June, so I will soon see.

I await the final results from FLX with great interest, but so far, their words haven't persuaded me that now is the time to buy, but I never say never, and good luck to you for when the results do come out.

I see a few sellers have emerged. I hope there are more of them to drive the price down so I can buy more. A small drop takes these into bargain territory.

Good post cignal, thanks.

Talking of company announcements and expressing optimism for the future \ expectations, etc. see today's announcement from ECK.

Not my words, but the title of this article - "Here Are Some Things That Are True..."

"Anchoring is a cognitive bias in which the use of an arbitrary benchmark such as a purchase price or sticker price carries a disproportionately high weight in one's decision-making process...

In the context of investing, one consequence of anchoring is that market participants with an anchoring bias tend to hold investments that have lost value because they have anchored their fair value estimate to the original price rather than to fundamentals. As a result, market participants assume greater risk by holding the investment in the hope the security will return to its purchase price." - end of quote.

Another quote - "everyone who is underwater on their positions desperately hopes that they will recover."

From -

https://www.zerohedge.com/markets/here-are-some-things-are-true

I thought I recognised this sort of behaviour from people on here, e.g. deciding to buy in the 0.60s range, but I'm not mocking or ridiculing anyone - I have made these same mistakes myself.

Thanks for your post Davey, and I hope that, before roly had my post removed, you saw the one I made in which I thanked yourself, NTM and Dan The Man for your contributions to the board. I said that it was nice to have sensible discussion, reasoned debate and polite conversation about FLX - something we no longer get from the scoundrels.

But on to your latest point, and I am not being contradictory purely for the sake of an argument. I make my points to explain my opinion on the future direction for the FLX sp.

Your comment brought back memories for me. Go back on here and you will see how I used to post exactly the same sort of comments in my arguments with FK1. I used points like that to show that he was wrong with his forecasts that the sp would drop.

In 2019 - FLX had this to say - "... growth plans such as SolarWinds which is expected to start benefiting in the year ended 31 March 2020".

- and -

"The combination of strong and growing demand for the Falanx Cyber portfolio of services, market pull of the MSP 'Channel' model and the unique opportunity offered by SolarWinds, indicate another year of high growth ahead"

It was that sort of thing that made me increase my holding in FLX. I used to keenly post the "good news" from the announcements. I ignored words such as "expects" and took it as certain that the good times would come along. I doubt that there was anyone on here who was more bullish about FLX than me.

Eventually I got fed up of waiting (and I waited for quite a few years) for the good times and I came to realise that FK1 was always right. I didn't know how he did it, but he was always right about the sp.

Others have come along on this board - roly, squadron, SL100, and others - and when counterpoint was put to them, they quickly became insulting and abusive.

You seem like a genuine person, so I wish you good luck and it could possibly be that the time really has now arrived when the past investment in the business will pay off for FLX. It will be interesting to see.

CORRECTION - " I invited anyone to let me know if I had missed anything on those pages and tell me that FLX did appear, but there was response." - that should have been -"but there was NO response"

Something else that got me excited and influenced me to buy more FLX shares was the tie-up with SolarWinds - did that ever pay off?

Over the years, we have seen FLX launch several new products that got people on this board quite excited - and I am going back to the days when I was bullish on FLX and I was one of the ones who got over-excited. It was hoping for a boost in sales and jump in the sp that made me buy more and I ended up with a considerable holding. Sadly I learned the hard way that FK1 is always right.

It will be interesting to see if this time it is different.

How will BRWM fare in the medium to long term - does this article offer a clue?

"We Are On The Cusp Of A Massive Crack-Up Boom"

His conclusion -

"We are about to experience the worst of two worlds simultaneously: while the financial bubble collapses, in anticipation of and the response to an accelerated debasement of fiat currencies, prices of everything from commodities to finished goods will soar as a crack-up boom materialises."

So, the cry baby finds it strange does he? It wasn't strange to me. I recently pointed out that FLX didn't appear in any of those pages listing cyber companies that have government contracts. Didn't the cry baby find that strange? I invited anyone to let me know if I had missed anything on those pages and tell me that FLX did appear, but there was response.

Thanks Davey.

I see roly has had another of my posts removed. He cannot stand the truth being told about him.

I had posted a note saying thank you to NTM, Davey and Dan for sensible posts, proper debate and discussion and I pointed that we never get that from the scoundrels. I also informed people of what roly was like - and he didn't like that so he reported the post. roly hates truth.

Davey, would you kindly provide the link to that blurb you posted.

I'm wondering if that is an independent review, or is it what the company says about itself.

There seems to be agreement on here about snouts in the trough, but do you think that will hold the sp back? With North Sea gas becoming strategically important and getting political support, where do you see the sp in, say, three months time?

"Oh dear, who's selling here?" - my Buy appears on here as a Sell.

MrBond - so you are the board policeman are you. Telling someone to push off is arrogant, and I think you showed your arrogance and feelings of self-importance when you chose Bond 007 as your pseudonym.

Keep on posting Clintek