The next focusIR Investor Webinar takes places on 14th May with guest speakers from WS Blue Whale Growth Fund, Taseko Mines, Kavango Resources and CQS Natural Resources fund. Please register here.
Jimmy / Ron, any admins of the new Telegram group, please add me to the list too - @barnakles.
Chariot is my biggest holding which I have held pre Anchois drill. I enjoyed being part of the conversation in the old group so I hope I can get a link to the new one. Thanks
Anyway, II's can support the share price, in that they can be sticky holders. But that does not benefit the company directly, unless they participate in a placing of new shares.
Does anyone know what the large sells - for minus amounts of shares - are all about. Currently printing at the bottom of the recent trades list, but seem to be from back in May. Is this just LSE gremlins, or anyone have any insight?
Also, the number of shares held by TB is listed as 585,667 which I presume is now post consolidation. That is 0.5% of the total shares in issue (117m). I have conflicting information from other sources, but I believe LSE's figures are correct - do you agree, or where else do you look for accurate data on Director's holdings?
Yes - live price now 32p - early buys around 29p (mine included) are posting as sells. MMs trying a little tree-shake I reckon. Ramble on ramblers!
Thanks mortgagefreeman, much appreciated.
I do think it's a stretch for AS to claim Jon describes Keyscaler as 'the glue that holds IOT together' here. Jon outlines its role in a very specific technical context as 'the glue that kinda falls between' the Azure IOT Hub and the devices themselves. He highlights the main benefit of Keyscaler as being for brownfield/legacy implementations (i.e. devices already in operation). MS already have a solution to perform a very similar function, if Azure IOT has been embedded as a platform by device makers at the point of manufacture (i.e. greenfield implementations). This solution is called the Azure Device Provisioning Service and is discussed in detaill in the webinar. More detail on Azure DPS: https://docs.microsoft.com/en-us/azure/iot-dps/
I think DA still has a niche and role to play when it comes to securing legacy IOT deployments, and of course Keyscaler is not excusive to Azure either - so it's suitable for non-cloud implementations where no alternative provisioning service exists. In fact, in the Q&A James refers to Keyscaler as primariliy an on-premise product, and does not make much of its presence in the Azure marketplace at all (around 42:45).
I'd encourage anyone thinking of investing in Tern on the strength of the MS 'glue' endorsement to watch the webinar, or at very least the portion from about 34mins, to make your own mind up about the context of this quote. Obviously it is highly technical subject matter, but if you are to invest with conviction in an IOT incubator, you really should have a handle on this stuff anyway.
Has anyone got a bookmark of the webinar where an MS staffer describer Keyscaler as 'the glue that holds the IoT together'? I want to review the context of this statement, I thought it was on https://www.brighttalk.com/webinar/managing-the-iot-device-security-lifecycle/ but I cannot find it. If anyone knows the video / approx time it would be much appreciated, thanks.
My broker (iWeb) included a note in the corporate action message, essentially saying limit orders would be cancelled as a result of the consolidation. I imagine it is pretty standard, not sure though!
Happy for someone to cross-post or ask andrbea on my behalf, as I said I seem to now have an account non gratis unless I pay for an upgrade. Be interesting to hear their take.
Digging a bit further, Venafi could be a possible suitor for DA. They acquired JetStack last year (undisclosed $), who make a cert manager (among other things) for Kubernetes. DA are less niche but are similar in that they also got funding via the Venafi Machine Identity Management Development Fund. There's not much available in the way of numbers but Venafi have an ARR of £100m and were valued at $1.15b as per a fundraise in Dec 2020.
https://www.helpnetsecurity.com/2020/05/18/venafi-jetstack/
Thanks camkite - I've read the Tern chat on ADVFN - this morning signed up so I could post as you suggested. Now I cannot even get on the BB anymore, I just get a nag screen suggesting I upgrade to Silver or something, with seemingly no way to dismiss it! I gave up after a few mins, horrible platform, I seem to have completely scuppered my free access by registering!!
It's written there on the page Camkite, (in a blue box under the stars) it's not a conclusion I am deriving. I'm not deramping, I am a holder and excited about the future prospects, and if KeyScaler is the leading solution, it's valuation should clearly be considerably higher than TERNs current mCap. But determining DA's competitve advantage is the key, which is whay I started the thread.
Thanks for the replies. Definitely the fact that DA has contributed to the FDO spec is a big vote of confidence in their product. Ultimately though, their involvement is to help FIDO create an open protocol for secure device onboarding that anyone can adopt - DA don't have a monopoly on it. Same for Azure, Keyfactor Control is also in the Azure marketplace and is in fact marked as a preferred solution: https://azuremarketplace.microsoft.com/en-au/marketplace/apps/certifiedsecuritysolutionsinc.keyfactor_control_k?tab=overview
I don't think it is correct to say KeyScaler powers MS's cloud IoT security offering. Integrated yes, but I challenge the notion that they are the only game in town. I'd love to be proved otherwise, so I welcome any other views on DA's moat. I've not looked into the legacy angle as yet, so I'm going to explore that next.
Re Blockchain, I havent really given this much consideration as yet, but I view Blockchain generally as a risk to DA, as trust is derived from network consensus rather than a third party CA. We can expect lots more innovating in this field and perhaps a completely new security paradigm will emerge, building generally on network consensus rather that the old client-server based model.
I'm a small holder over the last couple of years and was excited as I'm sure we all were with the recent rise. I've been researching all the news over the weekend with a view to building my position, considering the opportunities the US govts's executive order presents. I turned up a competitor to DA - Keyfactor - with a very similar offer. They recently merged with PrimeKey - https://venturebeat.com/2021/04/15/keyfactor-125m-acquires-primekey-machine-identity-management-platform/
Can anyone explain the key differences between these products? And why someone with choose KeyScaler? The competitor seems to be growing faster, has a bigger footprint and revenues. Would be good to hear views, particularly on DA's competitve advantage and exactly how their patents protect their IP (considering there are a number of companies offering IOT security automation / device identity management software now).