Member Info for bobocaca

Don't confuse Telegraph with Times. The fakes news was written by Telegraph while Times is generally more favourable towards Darktrace and follow ML news closer. That's the reason I switched by news subscription to Times.

No Charles, UT is auction that happen within 5 minutes after market closes in which the price is reported at precisely 4.35pm. Then you can ignore all trades after that as delayed report. Last Friday's volume is larger than usual, normally it is about 200k shares.

To now, I still don't understand who's behind the after-hour trades. Their volumes can be large but don't seem to have strong correlation with next day's SP.

The cybersecurity firm’s share price had already collapsed, leading to its ejection from the FTSE 100, before short-seller Matthew Earl took aim this month. ShadowFall, the outfit run by the “dark destroyer”, accused the company of being “watery thin, driven by an aggressive, promotional, sales focus”.

If Darktrace’s sales culture under Gustafsson, 39, is aggressive then so is its approach to costs.

The company hired debt collectors at Atradius to help chase up those who owed it money. However, when Atradius billed Darktrace, it disputed that it owed anything.

After the cybersecurity company refused to pay up, Atradius hired lawyers, who filed a winding-up petition earlier this month against the FTSE 250 firm.

That appears to have jolted Darktrace into action. I understand the winding-up petition has been removed and the company has finally paid its dues. Darktrace declined to comment.

The sum it has paid — understood to be more than £30,000 — is higher than the original bill from Atradius. Go figure.

Whoever expect same R&D spending with US is idiot as their salary is at least 2 to 3 times higher than UK.

https://www.telegraph.co.uk/investing/shares/hedge-funds-betting-against-investments-beat/

This week The Daily Telegraph reported that famed short seller ShadowFall had bet against cybersecurity firm Darktrace, which ranked as the 20th most popular stocks among customers of Interactive Investor.

Matthew Earl of ShadowFall said he was concerned about the business’s long-term competitiveness. “It does not spend much on research and development relative to rivals,” he said.

However, Gavin Launder, who holds the company in his £296m L&G Growth fund, said this was not a concern. He said: “Lower R&D spending than peers is a fact, but this is in part due to the nature of the product and the total figure is rising anyway. As they are artificial intelligence products, they improve themselves on the job, learning as they go.”

In traditional business, you open a shop, when it is profitable, you open another one. But the overhead is roughly the same for each shop e.g. rent, salary etc despite you could get economy of scale and buy goods at cheaper price.

But it is different for tech. Tech companies spend long time in R&D to design their products and factory. They can't sell unfinished products hence unprofitable in early years. But once they have product and factory, the cost of production is low on almost free for software. That's why you get exponential growth once that stage is hit, look at Tesla.

So please, view profit differently for tech.

Be sure you don't hack into one that is protected by Darktrace.

Call me superstition but whenever Charles starts rallying, the SP fall. He went eerily silent this morning, and the SP amazingly recover. Good job, Charles!

Ndn71, yea, sure, I know eventually nasdaq will bounce back. Also, I used my pension SIPP to buy nasdaq stocks, and I know they will probably worth over 10x than today when I could withdraw the money. However, it is painful to watch the SP keeps going down and down.

Charles, it seems that you look at stock market the whole day.

I sold all my Nasdaq stocks yesterday at quite large lose, couldn't bear the stress of worrying about stock price day (DARK) and night (NASDAQ). If you think Dark is volatile that's because you haven't experienced Nasdaq.

No way Softbank is buying. They are still trying to sell ARM to raise cash. This is baseless rumour.

American tech giants buy 2 types of companies:
- small company that worth under $1B, many are acqui-hire.
- market leader, say top-2 in the world, and they won't look at the price tag.

As Darktrace is no longer a small company to buy, then the next window is when they become a market leader. Even so, like others have said, it might need approval from the UK government. However, that doesn't matter if the deal go through, if an offer is on the table, SP will jump to match it.

I had been observing after hour trades for a while. I believe most likely they're late entry, and I found they have no impact on the next day's opening SP.

This pattern could suggest director selling, we'll know tomorrow.

There are many stock records made by Darktrace like the fastest rise to ftse100, the quickest exit from ftse100. Now add one more the shortest shorting.

October was in the article.

I did complain about the misleading "launches" which should have been "launched". I also complained about what seems like outdated quote from Darktrace about the 2022 first half result.

I still haven't received reply from IPSO.

Feel bad for the journalist (as I have raised a case with IPSO now), I think she is innocent but incompetent. She failed to do any fact checking and became a pawn of the sha-who..?

SP is picking up, looks like American are back from their holiday :)

Motley Fool is just a platform, the view is of the individual writer/blogger.
That's why they might give you impression that they are constantly changing view. However, if you pay attention to their authors, they are quite consistent.

I noticed that the SP rised when a positive Motley Fool article came out.

Will the Darktrace share price rise in 2022?
https://www.fool.co.uk/2022/01/18/will-the-darktrace-share-price-rise-in-2022/

It has only been 2 weeks since their last announcement of multi-millions big customer in media industry. This is exciting. It also shows their technology get adoption from various different industries.