Member Info for bobocaca

Social aspect is one unexpected perk of being a Darktrace investor. It feels good to have someone to share the happiness and also sorrow in here.

Lending,
The future for Darktrace is bleak in LSE. Look at all the bashing it takes from shortsellers and media, even as recent as today, the SP fell -6% before the last minute spike. I have been hoping that one day this will change but no, people just seem to want to make quick money and refuse to let the SP to rise and yet there are so many more shares that ML, wife and directors can sell. Yes, I'd rather Darktrace is sold for a good price now.

I (we) have had a lot of up and (mostly) down over the past year. I would be happy take the money now and invest the profit into other tech stocks before the bull returns.

Oh my god!!! That confirms our instinct about Friday's price rise, indeed someone had heard about that. This is exactly why I'm always fully invested, to prepare for good news like this. Anyway, I was expecting news about US government, rather than takeover. By the way, who is the potential buyer, some private equity firm?

The offer will have to be a minimum 50% higher than current price in order to be attractive, so roughly 600p. By the time the offer is received/considered, it should be close to annual result day. Assuming good result or in profit, it can serve as bargaining chip to further push the offer to 800p. (giggle)

Now we can mock Blade...

UT 799,183 shares £3,315,011.08
Down -2.72% which is a lot better than feared.

Did you guys see the SP shot from 400p to 420+? That was quite something.

Charles, I'm not sure why you think you can mock Blade. He walked away with good 25+% profit and.. you? His timing to sell at 399p was also spot on before falling back to 370p. His earning would have been maximised if he bought back. I wish I had his instinct on when to sell and the guts to do it.

Indeed, despite of the turbulence, Darktrace's YTD performance is much better than other stocks. I look at the UK tech stock price daily. Oxford Nano is even more volatile than Darktrace, just dropped nearly 10% today. AWE is absolutely in a wrong market, people in this country know nothing about semiconductor, the SP is only propped up by insider trading.

Wise is an interesting now, it rebound from about 290p to 520p. I know we can't make comparison like this but this gives a glimpse of what might be possible with Darktrace bouncing from similar all time low.

Today's volume is unusual with regular buy in 10k shares. My guess is that IIs must have learned some information that is not public yet. I sense something big is brewing....

Seriously, what happened? Rising too fast is making me feeling a bit uncomfortable.

The last 3 months is really a rollercoaster and I was still in despair yesterday's morning but I'm in green now (still massive red with my SIPP), what a relieve! This morning's price surge took me surprise as usually price rise happen close to US market open. Could be that UK institutional investors are regaining confidence in the market.

The NHS hack is a few-days-old news, and it is not the first time NHS has been held to ransom.

I believe the American investors were busy buying Nasdaq stocks yesterday on the news of lower than expected inflation. Then they turned their eyes to UK and oversea stock markets today which causes the price surge.

Verona, they partner up to cross-sell each other cybersecurity product, it really is no big deal and not worth mentioning. Only partnership with big players/customers e.g. Microsoft would move the share price.

The article says it is a third party who supply software, who has been hacked, not NHS itself, so that doesn't involve Darktrace.

https://www.bbc.co.uk/news/uk-wales-62442127

Winstanley, the result date has already been announced in trading update, it will be on 8th September, less than 5 weeks to go.

Well done bladerunner, I wish I could time it well too. However, I think it is not the time to sell yet, it can rise for another 40-50p before major fallback.

£1M may sound a lot to you, but that is only 1.8% of her shares.

The government prefer more people to have no income so they starve to death, than getting more people to have jobs and hence able to afford (pricier) food. I don't understand the rationale.

A quick search found that this company is a pre-IPO early investor of Darktrace. They cashed out at some point but their came back show that huge potential of Darktrace. Given the history and specialist knowledge in this sector, the share acquisition is a big shot of confidence in Darktrace.

Brief mention of Darktrace in
https://www.investorschronicle.co.uk/education/2022/08/04/the-best-defence-begins-at-home/

Darktrace's focus is cyber security, a key area of modern warfare. A problem here for investors is that Darktrace is bound by confidentiality agreements, making it difficult to see the scale and location of contracts in the defence arena. However, work for other defence contractors and direct engagement with governments or arms of the military is likely to be a material part of the client portfolio. The company, after a sharp drop in the past year, now looks good value – but not really because of higher defence spending.