Member Info for roly12

Johnnyy, 09.48 post, you are correct, what is young Noel going to do when this board possibly ceases to exist 2023, he will be a forlorn lost soul, with no one to abuse anymore, you would almost pity the poor creature.

TTNY..........River Moy shrimp !!! Need a bit of rain, the river I fish is spate, it can raise drop 4 or 5 feet in 24 hours, nothing caught there for a few weeks now, imagine spending about €1500 each to sunbathe.
Getting back to HARL, I think it likely that HARL will be involved in the FSS, just not sure how much, but Ben Wallace comments about HARL promising. Recent contracts good, just need the wind turbines to start dropping.
I.M. I still believe that HARL needs to sell a % of this and retain about 25/33 % they need the cash injection and would also benefit from fabrication work, one of the reasons Belfast was bought was for this project. Cash, they need a lot to develop HARL over the next 2 or 3 years, far more than the £70M facility in place. Value, current about 30p/£50M given contracts and facilities, however if contracts drop and I.M. FID a 2 to 3 year view would be 60p/£100M. If that happens I could fish the Spey for a few weeks with Gillie while lodging in a castle. GLA, Roly.
p.s. My figures are my conservative estimation.

goes to Johnnyy with an assist from Freddie_s, and even true am sure young noel has put his spin/defence on it.

There has been a bit of buying here the last 20 mins, small but full ask paid.

Hi TTNY, Enjoy it, looking forward to your feedback. I am away then doing a bit of end of season fly fishing for salmon/sea trout in sunny Mayo.

S.P. here, can't help but notice when we have buys far more than sells the SP hardly moves, however when we see small sells the SP drops a few %, !!

Hi NTMU,, I know your last post was for dodgepot however if you don't mind let me also answer. I agree with your sentiment about the BOD of FLX. However regardless if correct FK1 and NS have done nothing more but engage posters here in a manner that is inexplicably rude and insulting with an aim to drive people away, which unfortunately they have done. Their posts confirm this, look at the glee in their posts when the SP drops here, what type of people take pleasure from other's losses ? I know the answer but cannot post it.
On another point good luck with your shipbuilding investment, one for the medium term that should multi X. Roly.

Hi dodgepot, The BOD here have not been issuing RNS re new business for a few years now, do you remember the new Dublin office which I mentioned here, it was a new contract with a Fortune 500 co, FLX were advertising for staff in Dublin but did not mention the contract until months later in a 6 monthly trading update. They have recruited about 20 new staff at various levels the past 6 months, so clearly trying to grow organically, but I am not sure that this BOD can deliver, hence my comment about a sale, I do hope I am incorrect but the SP is confirming how the market have lost patience here. I will still hold my remaining stake till Q4.

I did not post yesterday as it was just a sea of green boxes, they are being well fed.

IMO yesterday's RNS was shocking, even though there is growth at 15%, given that this in now only a cyber play was expecting more. If you have been looking at their site the past 6 months you would of noticed that they have been on a recruitment drive, this has had an impact on cash burn rate running at £350 K pm (Do the maths), unless they convert the large pipeline referred to , this will be a problem late Q2/Q3 2023. The short RNS was to me again jam tomorrow while the SP continues to decline, I think at this stage that the BOD have had many years to turn this into a viable profit making business that is in a high growth sector, but have failed, therefore IMHO it is better that they move aside or sell the business as a going concern, given turnover/cash excl Boost loan probably worth £5/£6M or 1.1p. All above just my current opinion.

Given that 2% of the issued share capital was traded today with a 60/40 sell buy ratio, I am still trying to work out a 16% SP drop. I find it hard to believe that the company has not increased cyber revenue or squandered their cash pile , holders here will find out in the next few weeks.

Something brewing here, volume now at 10.8 M. Lots of green boxes..... must mean that certain characters are jumping up and down in glee and high fiving each other, bless their little cotton socks.

davey50, this moves on small volume, 4.8M traded today so far, about 60% sell 40% buy, would be surprised if finished 12% down on the day, but regardless the SP performance here is shocking as the BOD maintain silence and watch this crumble. Like you I reduced here at 40% loss a few weeks back, we should have news here within the next two weeks, will hold the remainder till then, GL, Roly

FK1, Numerous times I have posted here about FLX, the last 1 last Friday pm only to have N.S. drown out my post with 8
reply posts of his own which again was pure drivel. Yes you have said for some time this would go down, well done you got 1 correct so far. Your buddy N.S. spends a lot of time here purely bashing posters with a lot of self praise for himself. I am amazed that yourself and N.S. are not embarrassed by the constant content of your posts here, clearly you both are not welcome here (Based on replies to your posts), yet you both continue to fester this board and revel in investors current losses, sad & sick.. am taking Dodge's advice and putting you both in the bin as I no longer wish to read the verbal D that you both spew here.

Nerve holding, as expected just seeing a bit of short term profit taking, would think it unwise to sell before bullish market update later this week or early next, which will help the SP towards 2.5/3.

Yes, i heard that thanks to a poster here, moving up again today, +.3 @2.1p

Hi jamrock, in the recent RNS the chairman stated that they would provide a market update for the new wellness tests during September, imo they need to sell these in the 1,000's pw to generate profits, but I am not sure how they will manage this using their own database of 30,000 customers. I would love to know why the tests are not being stocked high street atm, and what the future marketing plan is, guess we will have to wait till September to find out. I would estimate that Q1 revenue is less than £5M, but look forward to the update late this week or early next. Roly

Seriously deluded Noel.

Noel, as per normal you are talking drivel, my post clearly said comment from shareholders here, of which you and FK1 are not.

The above two companies are similar in that they operate in a similar business sector, similar MKT CAP and both operate from Reading, UK, however OSI provide quarterly trading updates and appear to be open and frank with their investors, on the other hand FLX have not provided a market update since Aug 2021 and Dec 2021 told the market that they would inform investors of their progress over the following few months, obviously the lack of news/update raises red flags. IMO there can only be two scenarios , 1 the red flags are justified or 2, there is an ongoing negotiation for the sale of the company hence the silence. As I have done there would be no harm if fellow investors contacted the company with their concerns, I have not received an answer. I look forward to opinion from fellow investors ONLY. Have a good weekend.

1 large buy, 1 large sell, shows that sells will be snapped up. Interesting board of late here..cannot say ladies & Gentlemen....more like..., Well done to two posters here ! enjoy your finest hour, how sad.

Rarely am I glass half empty more a glass half full type, however seeing that the SP here is setting new all time lows, I do not think that we will survive till 22/11/2022 or Q1 2023 without substantial contract news or heaven forbid a further raise.