The next focusIR Investor Webinar takes places on 14th May with guest speakers from Blue Whale Growth Fund, Taseko Mines, Kavango Resources and CQS Natural Resources fund. Please register here.
I wanted to put more money into STARCOM and am pleased I did. Since 22nd Oct I’m up 74%. At the end of close tomorrow they are completing a share consolidation. On Monday it will have a new name. The RNS released on Oct 22nd includes “ the Company is in advanced stage discussions for a number of potentially substantial projects concerning the supply of Starcom's various devices for the tracking and monitoring of containers and related items. Should these be successfully concluded they could provide significant revenues over the next few years, including SaaS revenues.”. In my opinion it is going to climb a lot faster than DT so I’ve moved my money there. Good luck to everyone on here and let’s compare fortunes at Xmas.
Sold this about a year ago when it was 173. Sell at the top, buy at the bottom. Looks like I’m trying to do the opposite….
Luckily the other shares I bought have performed well, so can’t complain. I think copper and ATYM will both increase in the long term, so fingers crossed.
I can see this dropping like a stone today.
This isn’t tumbling due to a Gerald Ratner moment or a new product being invented rendering it obsolete. It’s because it climbed too quickly that it is towards the end of a market correction. The final results have made it clear that the number of customers is increasing and projections for revenue is rising rapidly. I am hopeful that future trading updates will provide similar news.
If you are unsure about the need for this product, search ‘cyber attack’ and select news. You will see an incredible number of attacks on large organisations and governments. There is one from an hour ago: https://www.abc.net.au/news/2021-11-17/tasmanian-federal-group-suffers-second-cyber-attack/100625890
2 days ago: https://news.sky.com/story/hackers-target-fbi-emails-and-send-thousands-of-fake-messages-warning-of-cyber-attack-12468205
From 1st Nov: https://www.itgovernance.co.uk/blog/list-of-data-breaches-and-cyber-attacks-in-october-2021-51-2-million-records-breached
List of data breaches and cyber attacks in October 2021 – 51.2 million records breached Luke Irwin 1st November 2021
In October, we discovered 94 publicly disclosed cyber security incidents, accounting for 51,248,331 breached records.
The majority of those records came from a cyber attack in which a hacker accessed Argentina’s government ID database, with every citizen of the country thought to be affected.
However, there are plenty of other incidents to dig into, including a raft of ransomware attacks against the education sector.
You can take a look at our full list below, with incidents affecting UK organisations listed in bold.
And don’t forget to check out our Q3 2021 data breaches and cyber attacks quarterly review, in which we take a closer look at the information gathered in our monthly lists.
Now or soon is when you should buy - definitely not the time to sell.
Mean Markets and Lizard Brains: How to Profit from the New Science of Irrationality
https://www.amazon.co.uk/Mean-Markets-Lizard-Brains-Irrationality/dp/0471602450/ref=sr_1_1?adgrpid=54969517404&gclid=EAIaIQobChMIvbOo5LKd9AIVlI5oCR08BgJsEAAYASAAEgKY6_D_BwE&hvadid=259099026181&hvdev=c&hvlocphy=9045685&hvnetw=g&hvqmt=e&hvrand=11994521658048887621&hvtargid=kwd-311996935412&hydadcr=24458_1816148&keywords=mean+markets+and+lizard+brains&qid=1637083369&qsid=258-8336473-7857544&sr=8-1&sres=0470343761%2C1617741620%2C3642061249%2C1429104643%2C1429115017%2CB00F9AY926%2CB08LF1W5MS%2CB07VNBRSND%2CB00IYDMBRA%2CB01NBZ74I3%2CB006RR8KJ8%2CB0073KOGOG%2CB01KYYJYGW%2CB078LQN8CX%2CB00KFO5IOE%2CB00B98N5C2&srpt=ABIS_BOOK
Not sure if the link works but it’s a book on the psychology of trading. I’m definitely not an expert otherwise I wouldn’t still be trading. I don’t think it’s coincidence that Charles has disappeared. He could even by posting negative comments now under a different name whilst encouraging people to sell. It’s not illegal but please don’t be taken in by it.
In my opinion, this will soon start to rise…..
I’m currently down about 25% on this. However, it would only be a loss if I sold. Fortunately, my other share STAR is up 50% in a few weeks. It looks like it’s going to rocket next week. They are a small company mcap about £7m but have announced potentially big contracts in the pipeline. A post today on the STAR chat has found a link to their products with Pepsi. Do your own research…
Despite this cross ramping I still wouldn’t be selling any of my shares in DT. Still believe it has a lot more potential.
Let’s hope this performs as well on Monday as your PHE did on Friday. I’ve only been here a few weeks and am very impressed with the research I’ve completed. I’m hopeful that following the rebranding on Friday there will be news of new contracts. In my opinion they have quality products that receive favourable reviews for software on google play and apple. They have won awards from reputable companies like dhl. Globally there are problems with freight distribution and tracking - t42-iot offer some solutions.
Maersk are building a portfolio of smaller companies and perhaps this could be one of them.
Back from work and looked at today’s rise - let’s hope this is the initial stages of something big and we’re all ahead of the curve. The more I look at the Maersk site, the more I’m convinced this is one of the big projects. They are all about promoting smaller companies eg https://www.maersk.com/news/articles/2021/09/15/maersk-makes-another-move-into-e-commerce-with-its-first-tech-acquisition
If they bought starcom/ t24 iot it would reduce their long term software subscriptions.
This is the world’s largest shipping container company. They trade under lots of other names. A check of their site shows they have recently introduced temperature monitoring https://www.maersk.com/supply-chain-logistics/captain-peter
Within this page it also mentions ‘Starcare’. I’m about to go to work so haven’t the time to check more but if we did have a contract with Maersk it would send the sp stratospheric. I’m assuming you would have to be in here before the end of next week when the name change, rebranding and potential contracts are announced, if you want to be in it before the stampede.
Apologies for posting a message that may seem like it’s stating the obvious- it’s intended for people who are relatively new to trading. This share price can appear to swing between big gains and losses. This is partly due to the spread currently being about 15%. If you sell, you get about 1.40, if you buy you pay about 1.60. If this share becomes more popular, which it hopefully will when the relaunch and potential contracts are announced, the spread should then reduce.
As a new investor here I’m happier with the proposed consolidation.
Liquidity - if I am choosing to buy it’s unlikely to be the number of shares I consider but instead how much money I want to invest. If I want a £1000 investment then I receive 6250 shares instead of 50,000 (if it is currently at 2p a share). Still the same liquidity.
Psychology- penny shares can be perceived as being associated with risky, volatile, untrustworthy outfits. If I’m researching and see the price is for example 48p instead of 6p I am more likely to have confidence in the company. I appreciate that it’s just a number but we want investors who are new to the company to join us.
I’m impressed by what I’ve seen so far, since buying a few weeks ago.
Thanks for the reply. It is very interesting and feels a bit like waiting for Christmas Day as a kid. I think they are pushing through the name change and rebranding to Nov 19th prior to releasing any contract news. The latest RNS includes “ advanced stage discussions for a number of potentially substantial projects concerning the supply of Starcom's various devices for the tracking and monitoring of containers and related items” and the related items suggests it could be for example, lokies. However, I think you’re probably correct that the name change and mention of freight tracking would suggest otherwise.
The most reassuring part for me is the suggestion of a ‘number’ of potential contracts. This suggests that after the first is announced we’re not going to see a slump in the sp but instead momentum being gained in anticipation of future contracts.
https://www.bloomberg.com/news/articles/2021-11-03/bitcoin-money-laundering-happening-in-moscow-s-vostok-tower-experts-say
Interesting article from this week regarding cybercrime. As money continues to be stored electronically and the increasing use of cryptocurrency there is the potential for online crime. This includes theft and ransom ware. The article includes a few figures to put things into perspective. It supports some of the higher future valuations for a company such as DT.
Apologies for any offence last night after a few drinks…
The latest RNS includes the comments “ advanced stage discussions for a number of potentially substantial projects concerning the supply of Starcom's various devices for the tracking and monitoring of containers and related items. Should these be successfully concluded they could provide significant revenues”
I’ve been looking at the award they won with dhl - https://www.dhl.com/global-en/home/insights-and-innovation/events/innovation/logistics-and-supply-chain-summit-hub/products-and-solutions-channel/global-transport-solutions.html
Following this the size of dhl - https://www.dhl.com/global-en/home/press/press-archive/2021/dpdhl-group-quadruples-net-profit-and-raises-guidance-again.html
Revenue of 18.9 bn Euro. If they do choose t42 iot products I could imagine this is one of the substantial projects. Does anyone have an inkling which other projects are possibly going to be announced before the end of this year? I noticed the latest blog on their website is linked to rail freight and wondered if this offers a clue.
I announced I was filtering CR recently. I have been trading shares for a long time and like to think I can filter bs like his. However, there’s a reasonable number of people on these boards with hard earned savings, new to shares, who listen to advice given by certain individuals like this individual. He obviously has a motive for posting day and night. Could be any of the following reasons (a) he doesn’t have a job and has made posting on here his ‘job’, (b) he is employed by wealthy investors to ramp the share 24 hours a day, (c) he’s a konb ‘typo’
Hi Sheltie, fair comment. The recent drop in the sp could be in anticipation of the shares being released, so just because it fell 10% last time doesn’t mean it will now. Likewise, just because it previously rallied from 750 to 1000 is no indicator that it will repeat this pattern. My shares in Standard C dropped about 8% yesterday despite amazing results being announced.
Instead, I’m here for the long term. The company has a great product, is increasing its customer size, has products in the pipeline. It’s an exciting volatile stock that’s difficult to predict but hopefully heading in the right direction in the longer term.
These single digit posters appear out of the woodwork with incredible timing - usually a day or two before the sp is about to rise. I’m holding today, despite any potential falls and waiting for the next positive RNS from DARK. In recent releases they have suggested there are new products in the pipeline. When further news of these is due to be provided is impossible to say. However, you will have to own prior to their release to benefit from potential gains.
I’m encouraged that these single digit posters have returned, they’re a reassuring signal that we’re nearly out of the woods.
Back to teaching and see this at the end of the day. At least one of my other shares STARCOM is up 11%. I can imagine this dropping further but it’s irrelevant to me as I don’t plan on selling any time soon. At least I’ve got the gold plated teacher’s pension to rely on.
Don’t worry, Charles will soon have added 20 posts and it will disappear off the bottom of the screen.
Options story is from May 2019