RE: Good Day Good Results LSE Board full of Waffle16 Sep 2021 10:41
HKK It is ridiculously overvalued and I will also highlight the other point in my post yesterday.
I do have to say though there has been some absolute sh ite spouted on this board. Trust me I've read some of yours and Charles posts. Without doubt some of the worse ramping boll ocks I have read.
Does make me laugh that when we had a discussion on this forum 6 or so weeks back regarding the FTSE100. You are still bringing up the numbers now that I worked out 6 weeks ago. They have changed now at least do the ground work and work out what it is at todays rate.
You and Charles keep up with your ramping because the posts are time are truly dreadful. Like yesterdays "Top 100 the pension funds will buy now"
For the record I hold shares in Darktrace and Crowdstrike.
Keep ramping with your partner in crime it will eventually put more money in my pocket.
It is all about opinions and I have said for a long time this stock has the potential to be an easy 10 bagger. The software is a game changer and will only get better.
However I do believe and have done for 2 months this stock is ridiculously overvalued. The company is valued at around £4.5b when its trade figures show it should be around the £2.5b mark. However like a lot of businesses we are looking at future earnings which when released tomorrow need to be showing around an annual turnover exceeding £350M or this is going to drop even further.
Obviously goes without saying this is only my opinion which may not sit well with others.
Sold out of AWE at the £4 mark but still monitoring as I think it is definitely a good long term hold. The other one I have been monitoring is Lam Research LRCX but since Motley tipped I an cooling on that one.
Thanks for clarifying that Lending. It does seem odd that REUTERS have a figure of 20% when all the RNS releaes show that lower figure of 10.89%.
For now I am not overly concerned but even after the float the following was reported
"The makeup of Darktrace's public offering initially caused some confusion, with the company stating its offer size would be worth around £165.1 million or approximately 9.6% of its shares. This represents a significantly lower figure than the 20% it had initially said would be made available in documents earlier in the month."