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https://*************.net/customer-interview-with-midland-states-bank
Customer interview with Midland States Bank
Midland States Bank (MSB) is an Illinois-based $4.5 billion financial services company that is one of the state’s largest banks outside of Chicago. The bank uses Acuity’s STREAM to manage compliance with the COSO 2013 framework. Which provides guidance in the areas of risk and control, significantly enhancing corporate governance and enterprise risk management.
Read this customer interview with the CRO of Midland States Bank to learn why they use STREAM to manage compliance with the COSO 2013 framework
Good to see interest building here. It is now just a question of how soon more positive news is going to be released.
“Cyber power is revolutionising the way we live our lives and fight our wars, just as air power did 100 years ago,” Johnson said in a statement released by his office on Saturday.
Johnson is due to present a long-term review of national security strategy to parliament on Tuesday which media reports suggest could lead to a reduction in armed forces personnel.
“The review will set out the importance of cyber technology to our way of life - whether it’s defeating our enemies on the battlefield, making the internet a safer place or developing cutting-edge tech to improve people’s lives,” Johnson’s office said
Molson Coors, which is the second-largest brewer in the United States behind Anheuser-Busch according to the Brewers Association, said in an SEC filing that the hack had taken its systems offline, leading to a plethora of issues, not least “brewery operations, production, and shipments”.
“Molson Coors experienced a systems outage that was caused by a cybersecurity incident,” the business said in a statement.
As of Thursday afternoon, the company said that it was “working around the clock to get its systems back up as quickly as possible.”
As well as brewing its namesake brands, Molson and Coors beers, Molson Coors is behind other household name beverages including Miller and Blue Moon.
It is as yet unclear the extent to which beer production has been interrupted by the breach.
“We have engaged a leading forensic IT firm to assist our investigation into the incident,” said chief communications and corporate affairs officer Adam Collins per CNN. “We will continue to communicate with our business partners with updates.”
Commenting on the incident, Edgard Capdevielle, CEO at Nozomi Networks said:
“While the company hasn’t released details, this scenario could be ransomware and this type of situation should be factored into an organisation’s incident response and business continuity plans. Beyond a technical response, decision makers need to be prepared to weigh the risks and consequences of alternate actions. Ransomware threat actors typically rely on spear phishing links or vulnerable public services to gain initial entry into a network. Afterward, they move laterally to gain access to as many nodes of the network as possible, allowing them to increase the magnitude of the disruption.”
This is not the first high-profile cybersecurity incident of late. Last week, it was reported that hundreds of thousands of Microsoft Exchange users around the world had been targeted in a hack.
MM's looking for shares now. Currently being offered 0.6825p to sell. I feel the spring getting tighter and tighter.
That's where the criminals are making big money at the moment and it is set to continue. As more and more companies embrace home working, it will be imperative they have good cyber security in place.
Can't be long now to hear of new contract wins for Acuity....
seems a huge increase in cyber attacks
https://www.datacenterdynamics.com/en/news/fire-destroys-ovhclouds-sbg2-data-center-strasbourg/
Blaze Destroys Servers at Europe's Largest Cloud Services Firm
ARIS (Reuters) - A fire destroyed some servers and temporarily shutdown others at OVHcloud on Wednesday, just two days after the French cloud computing firm kicked off plans for an initial public offering.
Europe's largest cloud services provider told clients including the French government, the Centre Pompidou and cryptocurrency exchange Deribit to activate their disaster recovery plans following the blaze in Strasbourg, east France.
The fire, which broke out shortly after midnight, destroyed one of four data centres and damaged another, the company said. The remaining two were shut down to contain the damage.
"We don't have access to the site. That is why SBG1, SBG3, SBG4 won’t be restarted today," founder and chairman Octave Klaba said on Twitter, referring to units housing servers.
The company said it would keep clients updated on the causes and consequences of the blaze.
Founded by Klaba in 1999, OVHcloud competes against U.S. giants Amazon Web Services, Microsoft's Azure and Google Cloud, which dominate the market.
OVH data centre destroyed by fire in Strasbourg – all services unavailable
in the spotlight again:
https://www.bbc.co.uk/news/technology-56342525
A hack of up to 150,000 security cameras installed in schools, hospitals and businesses is being investigated by the firm that makes them
The European Banking Authority's email servers have been compromised in a global Microsoft Exchange cyber-attack.
The EU body said personal data may have been accessed from its servers. And it had pulled its entire email system offline while it assessed the damage.
"The EBA is working to identify what, if any, data was accessed," it said.
Microsoft Exchange servers are widely used for email by major businesses and governments. But few organisations have yet admitted being hit by the attack.
What happened?
The cyber-attack had exploited a vulnerability in Microsoft's Exchange email system - or sometimes used stolen passwords - to look like someone who should have access to the system, Microsoft said.
Then, it would take control of the email server remotely - and steal data from the network.
US officials warned at the weekend the attack remained an "active threat".
"Everyone running these servers - government, private sector, academia - needs to act now to patch them," White House press secretary Jan Psaki said.
Microsoft believes a Chinese state-sponsored attacker called Hafnium is behind the hack.
https://www.theguardian.com/us-news/2021/mar/08/microsoft-cyber-attack-biden-emergency-task-force
Oi oi.
Hold a lot of investment trusts as the bedrock of my SIPP with some large bets on individual shares. One investment trust looking at is ARIX, recently sold a holding to merck at a massive multiple to holding price - at a major discount to nav.
Only one cyber which is corero (CNS) which has do me well recently, a good hold with juniper as a shareholders.
Two big bets. Eternity (ENET) which has a small band of private shareholders on lse who have built up some large stakes which is really small and under the radar. Also optibiotix (OPTI) which has traded in a small range for 2-3 years. These are risky.
Householders a good bet, the Tories will do everything to support the market - honest Bob jenrick deeply corrupt. Was in inland as I live close to beaconsfield, the wilton park site is so well situated.
Thanks skid :)
I agree on drum - get out of kcr - when appropriate - and just be an IT investor. I'm actually pretty much all in on housebuilding shares. Particularly INL (inland) - where the ex-owners of Drumz (Wicks and malde) are currently directors (and where my interest in energiser originated). I'll keep to drumz for my cyber investment :)
What else are you guys invested in/interested in?
Oioi (great moniker by the way).
I think DRUM needs to be one thing or another, it if they can use KCR if it provides a good yield (which it doesn't at the moment) to provide cash ?
If you're into cyber check out CNS, share price has fallen from the highs recently. I am in at a nice level of profit now but clearly DYOR.
KCR shares are illiquid and the spread is extremely large which is very off-putting for most retail investors. For my money, I would stick with Drumz as it will benefit from any rise to the KCR share price as the increase in asset value will show immediately on the balance sheet.
I've got quite alot of money in energiser/drumz and have often thought - 'should I invest in kcr too'? They've always, to my mind, been interlinked (Dominic White being the link in the past). He's still at KCR of course.
I think there are air-rights opportunities within KCR's portfolio - further opportunities to enhance/sweat their asset base. I'm a firm believer in cyber security and the demand for acuity's services (thus sticking with Drumz) but I do feel that perhaps kcr might have some potential, at their current share price. Be curious to hear others opinions too.
I see KCR share price is showing up 6.38% this morning.
We still have Drumz shares being disposed of, so I expect we will stay around this level until further news is released from the company.
Thanks.
I have a small position here from the engi days.
Outside my investment trusts most of my "risk" money is in IT, drum seems to be much better value than most similar investment type companies where most of the money seems to go on board fees.
Hoping they can grow this, finding companies at reasonable prices with good growth prospects where the market seems a bit frothy. Fully expect to increase acuity holding in the short term.
skid, Torchlight paid 45p per share for 9m shares in July 2019 as a strategic investment. Once the Interim results confirm the turnaround in the company, I think the shares will become much more liquid.
I also believe Drumz will sell their holding in KCR once there is a recovery in the share price.
Optimist,
With kcr profit / loss is based on asset valuations.
Not sure whether drum will hold this long term, it must be very illiquid?
The interim report is due from KCR this month. Last year the company reported a loss of £2.5m, but the results for the current period should be a lot better. In the final results for last year the following statement was made:
"A detailed review of existing assets has been completed and we have taken significant steps to "right size" the cost base. Solid progress has been made, with substantial further improvements expected during the current full year to June 2021. The majority of the restructuring costs have been incurred and expensed during the current financial year and first half of the current year will reflect the reductions made to date. "
I can see the KCR share price rising substantially on a very positive report, which will of course feed through to the net asset value of Drumz holding.