News of ABB on 6 march @ 4.5 p and more ramping by TW & Co on news.
Made be put a buy limit in last week forgot about it lifted this morning @ 4.5p .
So i have bought back at a higher price then my sell end of Nov .
That's unusual for me .
But i hope things have unproved be interesting looking back in the future
It was in expectation of this sort of good news that I posted "Time to add". I got the timing a bit wrong, but here it is and I expect more to come. I see FLX as a very good news story.
The Board is pleased to announce a new MidGARD service contract with a total revenue value of £700,000. An award-winning UK Top 20 International law firm has signed a 3-year managed service contract with Falanx to deliver advanced security monitoring of its entire global estate.
The Board is also pleased to announce a newly awarded 3-year managed Cyber Security service contract. This contract is an expansion of the existing estate of a valued client resulting in its value growing from £250,000, to generate more than £380,000 of revenues.
"I am delighted to report the continuing sales momentum of our highly regarded MidGARD service, further enhancing visibility of recurring revenues over the next three years. Our pipeline of similar opportunities continues to grow and I look forward to announcing further contracts in the near future"
the large holder sell down is being digested badly it seems.. indeed severe indigestion continues today.. that said I just topped up.. I hope this will correct back up at least somewhat in due course.. again, this is hard core betting stock imho.. DYOR
I quite enjoy what Winnifreth has to write sometimes, and the colourful language can brighten a dull world - but I would never pay for it.
Bladen going is a positive. The question is who will replace him? Bladen came from a very large company background and this does not usually augur well for small companies where vast retinues of procedure and personnel are not helpful to progress. In truth he was pretty ordinary at EDS/HP where business in the sector he worked was a given - government contracts for very large central departments only ever go to the major integrators who then go on to do nothing of value with the taxpayers cash they soak up. Innovation, agility and responsiveness are anathemas in this environment.
If Falanx get the sort of CEO they need and are not fooled by big company CV style high priced, ineffective souls they may well move on. That said this environment is very competitive.
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