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Falanx Results - Really what is not to like?

By HotStockRockets | Wednesday 12 July 2017


Disclosure: Financial Investigative Media Limited, which is not owned by Tom Winnifrith but by a trust for his dependants, owns shares in companies mentioned in this article. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.


Falanx (FLX) has finally released its results for the year to March 31. The numbers were in line but it is the forward looking statement that is the dazzler. That is not reflected in the share price which came off by more than 10% on the session at 6.75p-7p. We think the market called that wrong and here is why.


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