image

The best stocks to buy since 1993

Latest issue now available

SIGN UP NOW
Updates

Falanx - Broker sets 12p share price target

November 2017

Investing in shares may lose you all or some of your money. Past performance is no indication of future performance. Some of the shares recommended here may be small company shares, which can be relatively illiquid and hard to trade and this makes such shares more risky than other investments.

  • Epic Code:
  • FLX
  • Price:
  • 7.4p
Nice to see another broker latch onto Falanx’s potential. Beaufort has initiated coverage ahead of interims in November and forecasts a 41% jump in sales for the current year to end March of £4.1m (£1.5m for H1) with a further jump to £6m next year as Falanx’s newly launched cyber detection and response system, MidGARD, gains traction. The broker sets a 12p share price target.I await the next contract win, which I think will set the cat among the pigeons and spike the shares. Certainly more speculative than the majority of shares I write about but with GDPR coming into play on 25 May, I remain a buyer. ...

To access our archive of articles and to receive current issues you need to subscribe.

Subscribe now

Already a subscriber? Login

Related Articles

Falanx (December 2017)
Falanx - MidGARD monitoring solution launched (October 2017)

With small companies there is an above average degree of risk compared to buying blue chips. Please be aware that we have not assessed the suitability of any of these investments for you. The newsletter simply states a personal view and diarises the editor’s investment decisions. Please speak to your stockbroker or other qualified individual to ascertain whether any of these companies mentioned would form useful additions to your own portfolios. Past performance is no indication of future success.

All material on this website is protected by copyright. You may use Information retrieved from the www.scsw.co.uk website for your own personal non-commercial use which means that you may not sell or copy this information to any third party without prior written consent. ISSN 1358-183X

LIMITED PERIOD OFFER!

SUBSCRIBE TODAY AND SAVE £30 WITH OFFER CODE 30OFFSCSW

To access our archive of articles and to receive current issues you need to subscribe

SUBSCRIBE NOW