Member Info for wordog

Mkt cap is pretty much equal to total assets, so growth and potential not factored in at the moment. When you consider memopal revenues, cross over sales and forward loaded sales and marketing costs then H2 should produce strong results. Happy to wait and top up in the 90s as I think anything that price or below is good value.

Positive considering they bought another company, let's hope that the front loading of sales and marketing expenditure comes to fruition and have a strong second half to regenerate the cash position. Trade receiverables still high but I believe that's the nature of operating in Italy and the Middle East. Otherwise lots of positives for the future, especially when you consider the potential cross sales from the memo pal aquisition.

Agreed but provides a decent overveiw, should get a financial update next month, i'm expecting good news so will be topping up sub 100.

Not sure if I've missed the boat with this rise here. I'm an avid fisherman of 20 years and would like to invest in sectors that I understand, medium to long term. Unfortunately the Lureflash brand is poor, generally know as low cost and quality. I'm also not convinced by the website at the moment. One to keep an eye on but won't be investing quite yet.

https://downloads.defenx.com/INVESTORS/FINANCIAL_REPORTS/DX-PLC-Annual-Report-2015.pdf

Am I right in thinking the half year accounts will be pre-acquisition and therefore likely to be impressive when you consider the Android App sales?

SP down 10% since acquisition news which is commensurate with the amount of share dilution (total). We have however taken on an extra E500000 of debt, I hope the amalgamated customer book brings some new contracts.

Both you and I know this will drop again until Noble start making progress. Timing is everything.

All the old faces here again. Might even think about buying a few of these back when the POO improves.

http://www.proactiveinvestors.co.uk/companies/stocktube/5358/memopal-buy-a-rare-boost-for-defenx-plc-says-finance-chief-5358.html Philipp Prince, chief financial officer of Defenx (LON:DFX) tells Proactive that the recent deal to acquire cloud-backup business Memopal will really enhance its offering for channel partner brands. “It’s a one-stop-shop solution that we will really enjoy integrating into our offering,” he says. “What they offer makes them very rare in the market.” The acquisition adds ten technologists to the table, says Prince, which is a big boost of talent for the team. It also gives it access to the location in Rome, which Prince says is a good place to expand the business and bring in more talent. “The Memopal buy is absolutely on message with our strategy,” says Prince.

As part of the acquisition the total number of shares will increase by ~10%, the SP has already dropped that much so hopefully will stabilise at these levels. I think the current valuation is fair, anything under 120 is worth buying.

DFX aren't interested in targeting end users, hence the channel partners. I believe we should see the half year results around September/October time, i'm confident that the extra revenue from the Android mobile app launch as well as the new channel partners we will see a significant increase in revenue. I believe that the recent acquisition came about due to this increased revenue in 2016, giving them confidence to outlay for Memopal. As for the acquisition i hope it does what they believe it will, i.e. add to the product offerings and open up new customers to both Defend and the new subsidiary. I will add a few more in the coming days if the sells continue, but I will be holding until the half year results which i think will be positive.

Thanks for posting. What's your opinion on this development?

The add ons seem favourable for DFX, seems like good news.

Encouraging.

More good news, anyone home?

INTERVIEW: Defenx Plc Philipp Prince Extending network into new territories 4th July 2016 http://ow.ly/AkAc301U55u

To see some progress coming through the sales pipeline, lets hope it boosts revenues.

Yup, this is pretty much sitting at cash value, but I don't see a farm in partner anytime soon. Worth keeping an eye on in case another major makes a move in the north once POO recovers

Thanks Borgo