By HotStockRockets | Thursday 17 May 2018
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.
A series of contract wins announced mean that Falanx (FLX) is clearly beyond that inflexion point where a ramp up in sales means that it is beyond breakeven. That means there is no more need to place shares which is good for we long standing and supportive shareholders. Moreover, with a high gross margin of 50%, it means that operational gearing can now kick in and that will start to drive a sharp ramp up in profitability. This good news is far from discounted in the share price, at 5.6p-5.7p the market cap is still less than £15 million. So the latest news...
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