Smarttech247 Share Chat (S247)

Splunk/Smarttech video released on LinkedIn In worth a watch.

"JP Jenkins

3,249 followers

8h

Smarttech247 plc (S247:JPJ), today announces its shares have been admitted to trade on JP Jenkins share dealing platform.

Smarttech247 is a multi-award-winning Managed Detection & Response (MDR) company and a market leader in Security Operations. The company’s platform provides threat intelligence with managed detection and response to provide actionable insights, 24/7 threat detection, investigation, and response. The service is geared towards proactive prevention by utilizing the latest in cloud, big data analytics and machine learning, along with Smarttech247’s incident response team.

To learn more, please see the full press release below:

https://lnkd.in/eA-xTPf9 "

https://uk.linkedin.com/company/jpjenkins

Knowingly Knowing that there's a minimum 6 months and more additional time could be allocated.

Still belive this could be a decent punt.

Looking into this company, being lead into right direction and playing along side some big boys.

See why this could easily be bought out 10x or more

GLA

Massively undervalued. It was 8p when they announced they were delisting. I expect Ronan Murphy will buy more shares on JP Jenkins after the delisting as he won't be restricted by AIM rules. Daft Mcap at 5m. Their revenues are £13m plus a year. Prime takeover target once delisted.

People happy to buy and hold this one clearly as price is going up. Getting quoted 6p to buy 25000 shares at the moment!

Time running out for cheap shares. Mon 3rd November is the last day on AIM. Expect some contracts to be announced after de-lsting. A proper valuation can be established once de-listed. 10 X current price on original listing of 30p.

This will get taken over post delisting. Splunk are in the running to make an offer. Smarttech are an elite partner of Splunk.

I think unlikely people think it's too expensive. My hunch is that people are not buying for the same reason S247 is delisting - there has been no attention for this company. This is still an unknown stock and unless you have been following closely the market cap & imminent delisting does not make a good narrative. AIM in general has not been a particularly loved market of late.

Looks like it may still be a closed period for the directors but that is complete speculation.

I have a position I'm comfortable risking, let's see what post delisting brings.

Nobody is buying perhaps because they think it is too expensive

Not many days left to buy at this crazy price before delisting on 3rd November.

It makes sense for retail to buy now whilst it's still very liquid. Once delist it could be more difficult to buy at a good price as there maybe private equity waiting/ offers waiting and Ronan waiting to buy out as per the 'liquidity event'. The background buyer is happy to waiting on the sidelines to get stock below 4p. Retail sells have pretty much dried up and sooner or later they will have to buy at higher prices. It's a waiting game. A few retail buys and I think this goes much higher.

Current thoughts on the SP? Possibley some insiders slowly accumulating whist trying to avoid spiking the price. Could do with some more retailers getting involved. Having said that...all irrelevant really if we're holding for post delisting.

Seems that at least 12m shares have been trades since the delisting so I am surprised we haven't seen a TR1.

Value still looks great to me.

It's particularly interesting to see Wizz flagged up as such a high multiple:-

"Examples of Recent Multiples ...

Wiz: Engaged in a high-value funding round and potential acquisition by Alphabet, with a recent valuation described as one of the highest revenue multiples in cybersecurity M&A history, according to LinkedIn."

Because S247 announced a new partnership with Wiz this summer.

From ADVFN:-

Wololol 9 Jul '25 - 08:40 - 69 of 201 1 0

"New partnership accounted today with WIz!

News

Blog

Wednesday, July 9th, 2025

Smarttech247 Expands VisionX Platform, Joins Wiz Integration Network (WIN) to Combat Cloud Complexity and Threats

London, United Kingdom, 11 June 2025 – Smarttech247, a global Managed Detection and Response (MDR) provider and cybersecurity operations specialist, today announces its partnership with leading cloud security provider Wiz. Smarttech247 joins the Wiz Integration Network (WIN), bringing the power of its VisionX platform to the partner ecosystem and allowing customers to integrate Wiz into their existing workflows without duplication or disruption. ..."

https://uk.advfn.com/cmn/fbb/thread.php3?id=51001425&from=69

And from Wikipedia:-

"Wiz, Inc. is an Israeli-American cloud security company, headquartered in New York City.[1] The company was founded in January 2020 by Assaf Rappaport, Yinon Costica, Roy Reznik, and Ami Luttwak, all of whom previously founded Adallom.[4][5] The company's platform analyzes computing infrastructure hosted in Amazon Web Services, Microsoft Azure, Google Cloud Platform, Oracle Cloud Infrastructure, and Kubernetes for combinations of risk factors that could allow malicious actors to gain control of cloud resources and/or exfiltrate valuable data.

As of November 2024, Wiz employed about 1,995 people, with most sales and marketing personnel scattered across North America and Europe while most engineering personnel are based in Tel Aviv, Israel.[6][7] In August 2022, Wiz claimed to be the fastest startup ever to scale from $1 million to $100 million in annual recurring revenue (ARR), from February 2021 to approximately July 2022.[8] In February 2024, the company claimed to have reached $350M in ARR, with a 45% market share of Fortune 100 companies.[1][9]

In March 2025, it was announced that Alphabet Inc. would acquire Wiz in a $32 billion deal.[10][11]"

https://en.wikipedia.org/wiki/Wiz,_Inc.

So Wizz, with about 2,000 employees, was bought out for $32 billion.

An 'employee valuation multiple' of c. US$16M. par employee!

In comparison, S247 has getting on for a tenth of that number of employees:

"Discover all 177 employees"

https://ie.linkedin.com/company/smarttech247

So another indication of the vast, shorter term upside here.

This recent impressive award shows what a quality company Smarttech247 is, and why it should command a premium ARR multiple:-

"Smarttech247

21,056 followers

1mo

More good news just in....

Smarttech247 has been named Best Cybersecurity Company at the 2025 Cybersecurity Excellence Awards! 🎉

A huge congratulations to our incredible team! This achievement is a true reflection of your relentless hard work, dedication, and innovation. It showcases Smarttech247’s leadership and trusted performance on the global stage.

We’re deeply grateful to our brilliant colleagues, valued customers, and trusted partners, we couldn’t have achieved this without you."

https://ie.linkedin.com/company/smarttech247

28th Apr 2025 7:00 am RNS Interim results

" ... Recurring revenue in the period has increased by 32% compared to H1 2024, reflecting strong demand and continued expansion of our customer base. Annual recurring revenue ("ARR") has increased to €9.4 million by the end of the period compared to 31 July 2024. ARR is expected to increase further as a result of new contracts being won post period end. ..."

https://www.lse.co.uk/rns/S247/interim-results-r23z9i506npwcpm.html

S247's ARR must now be well over €10 million: so say c. £10M. or more.

And the company scores very highly on the 'multiples of ARR' checklist in post immediately before this.

So I would say that a take out at 10x ARR is very achievable: i.e. £100M.+, and c. 80p/share+.

Even 80p would only be c. double S247's s.p. high since floatation, despite its impressive progress in the interim.

And it could happen within six months.

But realistically, a bidder wasn't going to pay 10x the S247 s.p., because they would wary of being perceived as overpaying.

So this I feel is the company's key motive for the delisting.

I've invested here today on the basis that on every metric its significantly undervalued. Additionally, my thesis is that I think a takeover is quite likely sooner rather than later. Thinking Forcepoint may want this as a bolt on to initiate MDR services globally. The fact Ronan works at Forcepoint and sold Get Visibility to them makes me think this is highly plausible - the connections already there seamless acquisition and one of the reason they want to go private. Would be interested in others people takes on this.

Having said as below, I would still be voting against delisting, even though the company is undervalued in AIM, since I would like the shares to stay in my ISA. Sooner or later the value will manifest itself.

However if the majority vote is to delist, I am still comfortable holding. I imagine that those that would vote to delist are not stupid, just like me they are looking for the best way to maximize their investment. It is the big players in the share holder's register that will decide the outcome irrespective of what the S247 wants.

The management of the company does not have enough shares to swing the vote. Hence if the big players are voting for delisting, then surely that will be because they think value will be manifested quicker as a private company. Sooner or later they will be looking for a way to crystalize their investments and that would normally be through re-listing or being acquired by a major player. I am just hitching a ride on their backs since I am willing to leave the money invested for 2 years.

Managed to top up again. Those that are not comfortable holding for 2 years will want to sell which is presenting an opportunity for anyone who does not mind locking up the capital for about 2 years time frame.

If this gets delisted, I would still expect the company to be acquired within two years. CCAP were willing to acquire SmartTech247 for £33.5Million a few years ago until Smarttech decided that they would rather list in AIM themselves. The company is worth multiples of what it was when CCAP offered £33.5Mi, which is probably the reason the board believes that the company is undervalued in AIM.

Compared to historic volume and trades the amount of buying is very high, it’s being accumulated

Holding a delisted share does have some advantages.

Share price movements tend to be less common on the less formal trading markets, so overall it can be more relaxing.

And you don't have to worry about a stock market delisting!

Yes that was huge. You don't think Premier Milton?

Looks like the first batch of W Currie just got booked?

3.3M sold at 2.55p

As far as I can tell everyone keeps their shares. They mentioned trading will still happen just off AIM so wont be as liquid. Nothing changes but it is a shame to have to switch out if the ISA if it does indeed delist. I'm more than happy holding and will continue topping up at these bargain prices for a long term investment.

?

What aboutv the other 30% shareholders?

What happens to them?

Every one of these has had one common theme

Insiders/founders/CEO controlling parties holding 40-70%+

Disgraceful

The company had loans from RGO (i think, memory fades) and converted them In to stock at ipo instead of cash, so effectively the few mil debt holders got the stock market to pay them off, as an exit strategy.

Thats instead of the company earning the cash and paying them off from company funds.

Plus obviously all the shareholder funds raised that went straight to management and director fees.

Delists and Ronam gets his company back minus the debt, and he gets the cash raised plus cash from asset sale, once delisted there’s prob £2m coming straight out the company bank account to his pocket as a dividend once delisted.

Great minds...I did exactly the same , for the same reasons.

Since year end of July 25, Smarttech have won a number of contracts, but these were not RNS'd. It seems strange not to announce them. It surely would have increased the share price. Some of the contracts don't give a value such as the MDR contract with a leading European Bank. Who knows how much that is worth. Clearly massively undervalued and with all the clients Smarttech have and recurring revenues, it remains an attractive buyout. Seems a no brainer while AIM market has this mispriced.

Outlook

Our positive momentum has continued into FY2026 with a number of further contract wins. In particular, we have just secured a 4-year VisionX MDR contract with a major UK transportation services company worth approximately £715,000. The Company has also received a letter of intent for a 3-year MDR contract with a leading European bank. Smarttech247 has also secured a 1-year deal with a public transportation company and a 1-year deal with a major UK airport, both for dark web monitoring services, with a combined worth of €80,000. The Company has also won a 6-month MDR contract with a global aviation services company (worth €180,000, with a potential 3-year extension due in January 2026).

The sales pipeline also continues to increase compared to the previous period, thereby building momentum and positioning us for continued success. With several new contracts, as described above, we expect the positive impact of these wins to be realised progressively in our recurring revenue during this current financial year and into the next. Going forward, the Company remains well-positioned and well-funded for growth in an exciting sector and with a customer base that clearly values the services that the Company is able to provide.

I’ll be honest i bought in here on Friday £10k following a short amount of research. There will be as lot of disgruntled holders at the drop and i feel their pain. But at this level i think it’s a really good gamble/ investment. Company has money in bank to the current company value and has good contracts bringing in revenue. This will bounce next week and as you say is a prime target now for a forced takeover by a rival tech company. watch this space. could be exciting… or i might have backed a lame horse….

Typical market reaction to announcement but are MMs just trying to get shares on the cheap. Plenty of buys going through at this rock bottom price. I wonder if anybody is interested in taking the company over and if major shareholders/directors would be interested in a sale? I would quite happily retain/add to my holding but I believe you cannot hold unquoted shares in an ISA so I will have to sell at some point before they delist if that actually happens but thinking about buying outside an ISA. However would like to see evidence of increase in revenue coming through to the bottom line and Results and Trading updates being issued much earlier as past delays in publishing these deters investors which contributes to the low share price which the company complains about. ATB CY

I wouldn't be surprised if W Currie had dumped their 7.5M shares at opening for 2/2.5p which is why the 6M of buys at 3p didn't make an impact.

If so watch for the trade to be listed and then we should bounce.

The usual figure that gets mentioned for having a listing on Aim/PR/reports etc is approx £600K a year so that is straight to the bottom line. One of cost could be £150K to get the job done.

I can't believe the workers are happy as they have over 3M options at 30p! This comment from last year looks like a bit of a joke.

Raluca Saceanu, Chief Executive Officer of Smarttech247 commented:

"As a token of our appreciation for all the hard work and dedication to the Company, I am delighted to announce that we will be offering share options to all employees.

"This is a testament to our commitment to creating a culture of shared ownership and accountability. We firmly believe that every member of our team should have a stake in the success of the business, and benefit from its future growth. The LTIP and grant of options is an important component to ensuring that we hire and retain the top talent in the sector."

That said at 3p the MCap is £3.75M (124M shares) with £3M in cash and a pretty good business. I'm sure Ronan Murphy is looking for 10 times that figure should he decide to sell. At the end of the day holding 70% means he can pretty much do as he wants.

Interesting to see if any of the BOD or Senior management where buying on Friday.

8p to 1.6p in a flash

A moment I will never forget

"I doubt it, because it is merely a small % of shares that sellers have accepted low prices for.."

Did not see any sellers accepting low prices on Friday. They were all buys.

6m buys v 600k sells.

10 X buys.

I expect buys will continue.

" I'm sure the management are horrified at the markets reaction"

I doubt it, because it is merely a small % of shares that sellers have accepted low prices for..

The vast majority of shares are in the hands of 3-4 holders and they are in it for the mid/long term so they won't care too much about share prices right now...they are not seling now so 3p matters not to them...

They are getting business but the majority are quite small annually and the margins are being squeezed...no doubt offering discounts for 2-3 year contracts...in a competitive market

Delisting is probably right...too much time and cost spent serving a small Free Float

Totally bizarre situation Smarttech have got themselves into. The management have self inflicted a huge loss of value, saying they are leaving AIM to get a proper valuation. If they announced they were no longer delisting, then this would go back to 8p, which would be a 200% gain. I'm sure the management are horrified at the markets reaction, but it was always going to be like that. If they want a proper valuation, then announce the company is no longer delisting and we can get back to 8p and probably more, now that the company has gained attention.

I’ve never been invested here, though just remember most of the institutional investor invested here are not allowed to retain their shares in a unlisted company, so at some stage they are forced to sell, investing into private companies are a completely different matter to these companies. I’ve seen this happen to several companies getting unlisted, 🧐

Seems to be an agenda with the market to under price a lot of UK listed firms that are good businesses. Very bad for the UK economy because we keep losing our companies. Makes me very suspicious of foul play in the markets. So often you see firms being bought out and the share price jumps 30-100% immediately. Makes London a really poor market to list on.

Doesn't mean there is overvaluation going on to. Mostly on the small caps. You can watch that happening every time large amounts of shares and warrants need to be cleared and share prices rise and are held then dump when the selling has taken place.

Stinks from a spectators view point. Hurts when caught in the games.

At this price the mcap is just over £3mill. The board believes the firm is significantly undervalued, that was when the mcap was £10mil. What is it worth £15m £20m, £30m? If they keep performing well this could still get taken out whether it is private or publicly listed. The directors and big holders will surely be mopping up all these shares from PI's at these ridiculously low levels. I understand if someone doesn't want their money tied up they will sell now.

Just an odd situation to have a firm performing really well delisting like this but it seems to be an opportunity for those happy to take the risk.

Theres a lot of big buys from thoae who know…. This will begood. If the company was going bankrupt and delisting due to finance iaaues i would agree but the company is going strength to strength.

Bet those insiders are buying at the moment with panicked PIs losing out.

You don’t loose shares if they delist, they just become either completely or partially (if they use Jenkins as a secondary market) illiquid where there isn’t an active market for the shares for either valuation or sale.

This will bounce well this afternoon. Been well over done by market makers. You don’t loose you shares if they delist. With all the latest contract wins this is a buy for me.

Strange why this has dropped so much but have taken advantage before the bounce.

Delisting has caused the drop, but company in very healthy and booming position so would have risen significantly on this..

This financial year has been another period of further strategic development for the Group. We have secured major new customer contracts and expanded our platform and product offerings. Notably, we have entered into new agreements with leading companies across the automotive, hospital, pharmaceutical, financial services, security, transport and public sectors. Furthermore, we have become an elite partner to Splunk, enhancing our service and platform capabilities.

Have a few cyber investments and had looked at this in the past. The small minority float always put me off.

There really should be rules preventing delisting without paying minority shareholders an average 5/ 10 day price pre rns announcement.

The Directors therefore believe that a delisting would be in the best interests of shareholders and the Company as a whole. Says it all really...

Opportunity to buy cheap stock. At this price you will make a huge profit. You will still be able to trade the shares.

Such a shame, this seems like a quality company but just isn't getting the traction on AIM.

Going to sting here today then, even though there were plenty of positives in the RNS (as well as negatives)

So no FY trading update yet from S247.

Though technically, a company doesn't have to issue a trading update if business is broadly in line with market expectations.

The imperative to issue one is if the results are now expected to be significantly outwith pre-existing market expectations, either above or below.

And in S247's case, I think there's enough grounds to believe that results are at least broadly in line with market expectations.

Which would represent good, strong growth: and highlight the current s.p. of 8.5p as a real bargain.

The plague of cyber attacks now seems to be becoming a real menace to society:-

"Some JLR suppliers 'face bankruptcy' due to hack crisis

Theo Leggett

Business correspondent

12 September 2025

The past two weeks have been dreadful for Jaguar Land Rover (JLR), and the crisis at the car maker shows no sign of coming to an end.

A cyber attack, which first came to light on 1 September, forced the manufacturer to shut down its computer systems and close production lines worldwide.

Its factories in Solihull, Halewood, and Wolverhampton are expected to remain idle until at least Wednesday, as the company continues to assess the damage.

JLR is thought to have lost at least £50m so far as a result of the stoppage. But experts say the most serious damage is being done to its network of suppliers, many of whom are small and medium sized businesses.

The government is now facing calls for a furlough scheme to be set up, to prevent widespread job losses. ..."

https://www.bbc.co.uk/news/articles/czdjn0lv64ro

Which is a great environment for cybersecurity companies to win business:-

09/07/2025 12:45 Alliance News Alliance NewsShearwater expects to beat expectations amid boost from cyber threats LSE:SWG Shearwater Group Plc

09/07/2025 08:08 UK Market News Shearwater Group Surpasses FY25 Expectations with Robust Revenue and Profit Growth LSE:SWG Shearwater Group Plc

https://uk.advfn.com/market-news/article/1645/shearwater-group-surpasses-fy25-expectations-with-robust-revenue-and-profit-growth

Nice update. Further contracts and renewals worth 1.53m euros. Should see some Heathrow news soon and further wins. Someone is buying stock in 50k batches when there has been enough sells from the impatient and bored holders. A contract win at Heathrow and other wins will reward those buying now.

IG have been crap with dealing with Conduity Capital share holders. Still haven't received any of the S247 shares!

Massively undervalued.

S247 are also on a £7m framework agreement for Heathrow airport. Expect some decent contracts to land.

I just noticed in my PF I have some distributed shares here from the RTO of Conduity Capital if I recall correctly? Three years ago?

I see the shares in tandem with many on AIM have sunk from around 30p at issue to now just 8p.

Looking at the fundamentals growth looks decent. Revenues up and ARR. Is the issue with margins? That they are tight because EBITDA is rather modest, or have I read this wrong?

I think on balance I will hold here because could be good for recovery now.

10p should be a first target. Then 12-15p

Great set of results for this company. Feels like a quality outfit with an excellent management team. Since listing in 2022 the SP has been on a downward trend but that seems to be stabilising. Cash makes up around 40% of the mcap, contracts flowing in, recurring revenues on the increase. This is an under the radar, quality business and this seems like a great entry point for decent returns.

Excellent results, contracts keep coming in, about a third of the MCAP in cash, growing revenues, growing industry, sound management team. I just think this one is under the radar.....

Good interims. Positioned for growth. More contracts to be announced.

Https://www.linkedin.com/posts/smarttech247_security-is-a-journey-not-a-destination-activity-7321142195606990848-LEiD

1.8m Euros received. A nice amount of cash to receive. Mindflair also received cash from their investment in Getvisibilty and are up 17%.

S247 yet to rise.

Https://www.youtube.com/watch?v=YSr1I7GkU1s

Year end financial results were for last July! Shame they didn't manage a quarterly or half yearly update beforehand to give them something more up to date to discuss imo.

Smarttech247 (AIM: S247), a multi-award-winning provider of AI-enhanced cybersecurity services providing automated managed detection and response for a portfolio of international clients, will be hosting a live presentation and Q&A session via the Investor Meet Company platform on Friday, 28 February 2025 at 1:00 pm GMT.

The session, hosted by Raluca Saceanu, CEO, and Nicholas Lee, Finance Director, will discuss the year-end financial results and strategic growth opportunities for the Company.

The presentation is open to all existing and potential shareholders. Questions can be submitted pre-event via your Investor Meet Company dashboard up until 27 February 2025, 09:00 am GMT, or at any time during the live presentation.

Investors can sign up to Investor Meet Company for free and add to meet Smarttech247 via:

https://www.investormeetcompany.com/smarttech247-group-plc/register-investor

Not the worst update but didn't see any great signs of growth in the no's or rhetoric to excite the market?

Anyone got any idea how to contact the company and speak to the team about share price performance. It’s something they seem alien to mentioning in any updates. I’m guessing they just think it will take care of itself but it hasn’t so far despite some really big positives.

Been a long time coming for an update but unaudited cash of£2.7M's not a bad no.

Do think they'll need to update on events past last July with their no's if they want to be taken seriously by the market.

Be interesting to see what their net cash position (and net assets) is - as well as free cash flow. This should cover a substantial element of their market cap.

Surely the drop over the last 2 days over done. Topped up to bring the average down a wee bit.