Hi dodgepot, I would be surprised if the small director buys were delay tactic, but it is possible. My take is that they are not looking to buy a bolt on asset, but instead looking to grow organically, this is based on quite substantial hiring of staff at all levels the past 6 months, currently looking at 6 vacancies , which given the staff numbers since the sale is quite substantial , obviously I do not know if this is staff replacement or growth, but I think growth. Having said that a trading update/outlook statement is well overdue. As far as the SP is concerned and MKT CAP , how can it go lower ! but we are in a global bear market, and PI,s who would normally invest in AIM stocks are very few, I am just seeing selling across the board at the moment. Getting back to FLX and comparing what we know with their peers, I still have a current value of 2.5p/£15 M, but that could change with the next current trading statement. Roly.
Noel, Given your years of investing experience and moonlighting on these boards you should know the following :
1, Never take investing advise from a nameless poster on a board such as this.
2, It is so hard for most AIM investors to call the top/bottom, regardless of experience.
3, There are many rampers/derampers on these boards with their own agenda, some are even paid a small fee to ramp/deramp/short AIM stocks.
4, You are not invested here, yet 54 of your last 78 posts are on the FLX board !!!
5, I have had some of your posts removed in the past due to their insulting nature.
6, Well done in turning this board into your own personal insulting forum, so much so that many do not post here anymore, how proud are you ?.
7, You should do the decent thing and leave this board as most here would wish, I am happy to challenge you on that.
8, Enjoy your weekend .
Roly.
Looking again at the RNS 7/12/2021 and taking into account debtors/creditors and loan the business had £4M cash which is todays MKT CAP, crazy but I have seen this before and in these cases when the market realised that there was an business generating growing revenue and break even or profitable EBITDA, there was a SP rerate. Getting back to the RNS, Alex Hambro stated " We look forward to updating shareholders with our progress over the NEXT FEW months ". 6 months on and we have not had an update, if by chance members of the board look in here, I think shareholders are overdue a trading update with outlook statement.
Not sure why the uptick today, beginning to fall back a bit from highs, buys are outweighing sells, which is something we have not seen much of late, given the turnover not a leak, if it was up to me I would be kicking the SP quite hard, still about 25 % down here, but holding for now.
Having attended the last day in Belfast, am unable to make the 16th, but look forward to the feedback, all seems to be a bit more busy than when I was there and hope that can be confirmed by those attending. As said it is only a few mins by taxi to H & W, and taxis had been organised by H & W to bring people back to the airport after the presentation. Enjoy.
Yes Tanfield, DYOR going back to 2012, I do not want to post on the TAN board, but was an investor in Smiths electric vehicles and Optare a promising growing bus manufacturer all part of the TAN group incl Snorkel, at one stage the MKT CAP was a few hundred M, now they have nothing, just a shell co awaiting court proceedings that could take years, and is living on borrowed money to pay for legal, I could say a lot more but would urge caution, GL, Roly.
davey50, Click share chat, you will see 3 boxes above blue bar post message, 1 on right is filters, click..input name done. Also davey be very cautious re, TAN.
I first bought here Jan 2021 @ 1.175, sold half Feb 2021 @ 1.55, have added the last few months to av 1.025, I find it hard to believe the current SP but due to lack of news flow, if you keep an eye on the FLX site it looks like they are not going to buy a similar bolt on company, but are looking to grow organically, I base this on the constant hiring of new staff some quite senior, and the role description's, all we need now is the news to confirm my thoughts which is overdue, back in December the RNS stated that the market would be informed of progress over the next few months. Given the growth industry they are operating in, if good profitable growth is not reported, it is akin to a " Could not organise a pi** up in a brewery ". Roly.
that most here had a great time celebrating your Queen's platinum jubilee, an amazing Lady , and our household raised a glass or two here in Ireland, Unfortunately young Noel Shempsky was not celebrating, he was yet again on his own in a basement somewhere posting nasty comments here about fellow posters, as can be seen below, how sad is that, he really is a sophist.
Noel, Roly is not in total denial here, hence why I have been adding at these bargain basement prices in the knowledge that good news is imminent, I have even paid for a cage to be put in cargo !, now of you skamper and enjoy your long weekend.
Hi Dodgepot, Of course you are correct, having said that you opened the cage yesterday !!!! Shep appears to be batting on his own as FK very quiet of late plus I have no issue with him, Shep not happy with new posters here however has found a new friend . Way overdue news here which is needed to stabilise/increase the S.P. heres hoping !!.
Noel, do not use my name in vain, I am still here but do not post due to the tripe/insults aimed at me by yourself.
We need a few rampers here to counteract the de-rampers we have here.
ActionJackson, I think what Noel is trying to ask is, what was your LSE user name before AJ ?.
I find it strange that FLX were not a named exhibitor at Cyberuk 2022, or were they under the ESET umbrella ? any ideas ?
Good summary Dan.The.Man, Spot on, With luck this is the start of long awaited newsflow that will confirm the corner has been turned, profitable and then the S.P. will look after itself as PI's pile in. Roly