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Share and fund ideas listed in Uk welcome
Thanks for your idea
I am looking for medium risk although can do a few smaller puts on things like your idea
For example China is low now , so maybe buy some china funds and wait 3 to 5 years , almost sure bet for 30 per cent up
Or liontrust is low ? Brwm is low a commodity fund ?
Big trends that we ca buy into
Hi CR888,
Re
"Darktrace is Sexy...........whether 620 p or 820p .....where to invest the proceeds.... which UK listed funds or Shares are low now with a 25% upside or more , within next 12 months ??? your top 3 ideas???
AI Cyber/UK the leader in big industry in UK
https://sponsorcontent.cnn.com/edition/2024/ukdbt/cyber-scaleups-are-experiencing-significant-growth-in-the-uk/?utm_medium=cnn&utm_source=hpnat&utm_campaign=ukdbt_A3_emea "
It might not tick all your boxes, but will for AI & the potential upside is multiples of your 25% target. Mirriad - MIRI
I know its small right now but worth checking out, has a collaboration with Microsoft & Microsoft have done a webinar with them that has yet to be published. They have 40% of USA Content providers signed up & talking to another of the top 3 that would take them to over 55% of the market.
Some of those Content providers are going to showcase the Mirriad solution in there highly anticipated TV Upfronts 2024 presentations in May, starting possibly on May 13/14th, can't be sure because Mirriad has never officially named the signed Content providers. & yet here we are, where some of those Content providers are going to reveal themselves.
Good luck with your research & hopefully a better offer price for DARK
LOTM
Thanks HKK , Lending
If the vote fails to pass we face a drop of 80 p to 530 p then a rise towards 600 p if ML court case not derail Poppy and Dark ( 10 per cent chance )
Dark board have been promised something by Bravo and KKR wants cash out with the other
But but but KKR and the other one , would love to see a higher price now with second bid from others ( because one Dark is sold it’s colds ) and KKR are greedy
So likely Dark will receive another Bid
Therefore 820 could be more or less final price after Bravo up their price
This scenario not so unlikely 40 per cent likely ?
HKK - I like your reasoning, and I’m sure you are right regarding 1. Rereading the RNS it seems to me that DT was leading the aagenda and KKR and Summir were at te forefront.
The whole tone of the RNS too, is on how DT will prosper better under TB than our own BoD. If that is not an admission of inc ompetence by our BoD what is it?
Who controls how many votes ?
Can someone add up the votes ?
Good analysis HKK
If Poppy thinks 620 p saves dark from court case and she still need to testify ? Then 620 p could be it , however I think there is a 30 per cent chance for Jeffries to find another buyer at 720 to 750 p … because they announced 890 p recently I sense they knew this bid was coming
How long does a new bidder have ? 30 days or 60 ? Or 90 ?
When will the vote be ?
I am not sure how many shares the big shareholders have ? How much does retail have .. I sense the vote might pass the sale if no better bidder comes
Investment banks are hungry for deals , huge lack of IPO and M and A … I am sure more than Jeffries Ibd are trying their luck to find a buyer …
I am still holding … Dark in the hope a new buyer emerges
Then we could have 720 to 750
I still think Bravo are a good partner for Dark so they may increase to 820 p and we are all sadly bought out !
820 is my target
I believe even if 620 is not approved by a vote , Dark shares will still get there within this year ( but I will miss out buying on the dip )
As i previously commented
There are still a few scenarios at play here as they stated Q3/Q4 until its possibly gets done, thus;
1. Alternative offers come through push over 620
2. It fails vote and SP drops 25-35% like 2022
3. It goes to vote and is approved at 620
I sold my entire holding at 620 because if scenario 3 comes to play (high probability) then I've got my cash now vs leaving as dead wood until Q4. It also allows me to jump back in should scenario 2 happen (possible but less likely but could happen). Scenario 1 is the only one I potentially loose on but this is least likely.
We brits love short selling and killing our own companies which is why the LSE is a joke of a market
This pathetic offer that makes the Ceo a multi millionaire and makes Thoma Bravo billions in profit overnight should be rejected.
It does not begin to reflect the true value of Darktrace
I though Poppy already testified at ML cour case in advance?
The only she can do now is ak Jeffries to hurry up and find anothe buyere 750p to 820p ....lets see
Darktrace departure casts a shadow over the City
(The Times)
A previous bid may have been described as a “distraction” by its chief executive, but there was no dismissing the significance yesterday of Darktrace’s decision to agree a £4.3 billion takeover deal with an American private equity suitor and to walk away from the London stock market.
After a turbulent life as a listed entity, the British cybersecurity company has accepted a cash offer from Thoma Bravo, the private equity firm that had abandoned a previous tilt at the Cambridge-based business.
As a result, Darktrace will quit the glare of public markets that had become increasingly fierce as the company was beset by multiple short-seller attacks and by questions over its links to Mike Lynch, the technology entrepreneur who was extradited to the United States.
Lynch, 58, is on trial over charges relating to the sale of Autonomy, another company he founded, to Hewlett-Packard for $11.1 billion in 2011. The American buyer wrote down the value of its acquisition a year after the purchase and alleged that the British business had engaged in “serious accounting improprieties”. Lynch has denied all charges.
Lynch was a founding investor in Darktrace and, while he has no formal role within the company, remains a significant shareholder alongside his wife, Angela Bacares. Poppy Gustafsson, 41, Darktrace’s chief executive, has been regarded as his protégé after working in Autonomy’s finance department between 2009 and 2011. She is due to give evidence at Lynch’s trial.
Darktrace uses artificial intelligence and machine learning to detect vulnerabilities in its clients’ computer systems and to provide protection against cyberattacks. Its AI systems seek to identify when digital activity diverges from normal patterns.
The business was floated in April 2021 at 250p a share, giving it a valuation of £1.7 billion. The shares rose to about 945p during the year of its market debut, but came under pressure as short-sellers made allegations about the state of its finances.
Andrew Ripper, an analyst at Liberum, the broker, said Lynch’s legacy had been an issue for Darktrace. “There are quite a few people within the company who are ex-Autonomy,” he said. “Lynch and people associated with him had a holding in the business and that has been a factor in the share price volatility and investability for institutional investors who are concerned about governance and history.
“The board has done the right thing to make the company more investable over time, such as more independent non-executive directors.”
One City source said: “In the case of Darktrace, the main discount was the legacy of Mike Lynch. Obviously it’s not good news for the UK stock market because they were starting to cleanse themselves. All that hard work will go to Thoma Bravo or someone else.”
Thoma Bravo, a specialist technology investor, made its first approach for Darktrace in 2022, but walke
Darktrace is Sexy...........whether 620 p or 820p .....where to invest the proceeds.... which UK listed funds or Shares are low now with a 25% upside or more , within next 12 months ??? your top 3 ideas???
AI Cyber/UK the leader in big industry in UK
https://sponsorcontent.cnn.com/edition/2024/ukdbt/cyber-scaleups-are-experiencing-significant-growth-in-the-uk/?utm_medium=cnn&utm_source=hpnat&utm_campaign=ukdbt_A3_emea
I definitely think there will be a few interested parties. Darktrace would be a good fit for a number of US tech firms. It is just a case of waiting to see if any of them make a move.
My hopes are the current bid smokes out one or more interested parties I am doing okay at £6.20 but the greedy part of me wants more ideally a fair chunk more.
Nice one stockinv. A decent profit is a short period of time.
Anyone a good Poker player?
Howa bout this theory
Poppy puts Dark up for sale ...Thomas Bravo starts low 620 p..
Jeffries brings in a white knight 720 to 750 p and calls Thomas Brovo bluff
Then Thomas Bravo forced to up trheir bid over 800 p to around 840 p give or take 5 %
and Game over ...:):) at 840 p + or -
Sorry but no one cares about your proft honestly ...620 p is very low , I think finally we have a chance of 820 p to 870 p after a 2 stage bidding war
Luckily bought whole holding at £4.77 on March 14th 2024 so anything £6.00 plus will be a good profit
Even oif Poppy has been offered CEO role with a chance to make 500 million , I think she would be fine for a short ...one two bidding warto happen, and then we all exit above 800 p...
Personally, I would like it to conclude as quick as possible as I’m on a good profit. However I appreciate that some will feel that it’s a low offer. It is unfathomable why others wouldn't want to compete. As I see it the board of the target company has a fiduciary duty to act in the best interests of its shareholders. Therefore, if a higher offer is made, the board may need to reconsider its recommendation and evaluate the new offer against the existing one. This could involve negotiations with the competing bidders to determine the best course of action for the company and its shareholders.
Ultimately, the decision on which offer to accept, if it were to happen at all, will depend on various factors, including the financial terms, strategic fit, regulatory considerations, and the likelihood of completion. Just saying!
OK how could we get 820p or more.
Poppy agreed to the low ball offer of 620p , knowing that Dark was now up for sale, she knows the whole world including Microsoft, Google etc are watiching....these type of firms what a UK footprint
So a cash rich player could potentially come in and offer say 750 p for Dark.....and then Bravo , who still has dry powder ups their offer to 820 p final offer.
I am just wishful thinking?
AA was a great one - did well on that twice
Could easily be another bidder come in for DT as is the case with AA after BHP approach and that could well be the case for any additional UK stocks after an initial approach is made given the steep discount and favourable FX position in some cases. UK plc is ‘for sale’!!!!!!!
Sheltie , yes agree Poppy has caved in ( I guess because of the uncertainties of the Mike Lynch court case ) and also because secret negotiations with bravo , bravo probably ogffeted her 100 million pounds of shares to lead the new entity , easy for Bravo to bribe one person , We are not Privy to how much she was offered under the table