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This TB offer . . .
Absolutely steviewonder77 - I have said it all along. It's a very very good deal for DT shareholders & nobody else is going to come along & offer any more than TB have, as it's just not worth any more. Oh & don't forget that DT barely scraped a profit as a listed Plc. People were excited by it growing its top line - meanwhile however, it's bottom line always remained poor. This TB will definitely get voted through - with "unanimous" ease.
"Turnover is Vanity. Profit is Sanity. Cash is King".
I thought it was fair value at about 580p. So im pleased with 620p. The only case you can make for a higher valuation is ,its cheap compared to its peers in the US. Ive sold more this week,ive been adding to CVSG.
ML has reduced his holding again ….
Charles wake up a bidding war is never going to happen. It is a done deal. If there was another bid you would have already heard by now. It is the hope that kills you.
My favourite part of this whole debacle is how you all got played by Jeffries. The Fred and Rose West of Investing kept ramping the brokers values saying this was valued at £8.90.
All of a sudden Jeffries stated as below that £6.20 was fair and reasonable.
Recommendation
· The Darktrace Directors, who have been so advised by Jefferies and Qatalyst Partners as to the financial terms of the Acquisition, consider the terms of the Acquisition to be fair and reasonable. In providing their advice, Jefferies and Qatalyst Partners have taken into account the commercial assessments of the Darktrace Directors.
At least some on here will have learnt an important lessons.
Don’t trust any Brokers especially those that are getting paid by the company.
Don’t trust anything the Fred and Rose West of investing post they are the worst most clueless rampers out there.
Our lucky charm, is Investment bankers are lacking work , why not use their time to find a buyer for Dark at say 6billion....or 7 billion...
Does anyone know how big a fee Investment bankers could make if the successfully find abuyer for Dark?
Springtime is always a good time to look for a new home, physical or virtual
Or until the big Vote
Just announced on a new DA web site
34500000
device transactions automated by KeyScaler…and counting
The next superstar
I really like Pru,the numbers add up but their exposure to China stops me. But good luck with it CR888.
Since China started becoming aggressive in the Spratley Islands, and similarly towards Taiwan and has lent support for Russia, I try not to buy any Chinese goods(difficult to do) and have divested all my holdings in their stocks. Somewhere, in my view, one needs to take a moral stand. They spell trouble ahead.
Somebody else Cleaning the closet to
02-May-24 10:42:51 601.10 250,000 Sell* 601.00 601.60 2m O
02-May-24 10:40:21 600.902 250,000 Sell* 601.20 601.60 2m O
I sold around 7 per cent of my shares at 607 p around and invested the proceeds into china funds … so T least reduced my holdings fly around 7 per cent
Happy to hold 93 per cent of my Dark shares and can live with whatever happens
Well its either more short closing or somebody buying up
02-May-24 08:19:10 601.00 175,000 Buy* 600.20 601.00 1m
I'd imagine these are tears today to
02-May-24 08:16:45 601.30 75,000 Buy* 601.00 601.20 450.98k O
02-May-24 08:16:39 601.30 75,000 Buy* 601.00 601.40 450.98k O
By my calc they bought most of that tranche 18 Apr circ 458 (-143) on 0.12% shares (8540,431) that's a £1.2M loss - ouch
Must be painful buying them at a significant loss
I hope TB does happen , but at a higher price
Another buyer comes in , offers say 720 p
And Tb offer say 800 p plus or minus and they finally win the prize
I will be shocked if the desperate investment bankers do not find another buyer
But who knows ? If nothing happens by say first week of June then that’s a bad sign for sure
The line between delusion and optimism is being blurred here. I sadly thing the thoma bravo deal is 99.999% going to happen
So many investment bankers in different invest banks including Jeffries will want to tap their key clients like Microsoft Google and other players to see their appetite to bid for Dark
They have lots of time on there hands so we could see multiple offers and see Dark Rocket towards 900 p and eve. 950 p :)
Am I being a big over optimistic again , maybe
Is it possible , a big Yes it’s possible for 950 p to be hit or eve. Higher
It’s all peanuts now either way 610 - 620 - 625 🤷♂️
1.27/1.25/1.24
Dead money that could make more in a savings account even 😇 605 to 620 2.48% gain
You’d have 6-8 months to make more than that
Not a good reason to hold based on GBP/USD
Dollar is getting weaker against GBP
https://www.fxstreet.com/amp/news/gbp-usd-gains-traction-above-12500-fed-keeps-rates-steady-202405012312
All forecasts say 1.27 going 1.30 by end of year into 1.4 2025
I am praying for 10 usd final offer :)
But just cautiously optimistic that something extra can happen . Can live with a no vote and with current offer , but honestly too cheap not given Dark progress and trajectory !
Yes true Sheltie
It’s like losing a beloved wife too early , and finding a new wife 205 years younger with a lot of energy to keep me young ( or maybe girlfriend )
Actually after the next 2 bids to 720 and then final at 820 p ( within 42 days , 42 is the number that represents the meaning of life in a well know book ) I need to switch into shares that will wither be dividend aristocrats , or have 50 per cent upside in next 3 years
Probably 6 to 8 shares or funds ? So your best ideas on reasonably sized shares or funds are welcome in next 42 days
My back up plan is just to buy what ever Sheltie is buying … Lloyds or RR and follow is groups religiously
As a man of a certain age I got the reference straight away and it made me chuckle.