Member Info for getafgrip

Good question that I doubt will get any answer.

The way I see it. Essentially, if you are a cyber security potential customer and word gets out, your current security may seem weak and make you a target. If you are employing any of the cyber-defence companies. Would you tell anyone - I certainly would not. For a hacker or intruder on the other side determined to break in to your systems, I see it as being a bonus to them to know what cyber defence company they are up against.

A great situation for the cyber-defence company that states it has 5,000 customers. When independently checked the companies stated they could not confirm or deny it! How do you survey this - no company should be saying to anyone - no we don't have any cyber defences!

I believe he still has a shareholding stake in Dark, and certainly along with his Invoke Capital provided initial funding to Dark. Dark during the IPO seemed to get tied in knots over exactly when Mike Lynch was no longer directly involved with the company. Then you get in to the realms of influence of Shadow Directorships etc. It is the spectre of uncertainty & concerns over propriety that will fill this space until resolution.

Breaking news seems to be that Saudi Aramco the worlds biggest oil company has been hit by a $50m ransomware attack!

On the face of it I would say that Crowdstrike has 4.35 times the Sales Dollars that Dark has. But Crowdstrike has 3.17 times the value of Dark in billions. My view is that makes Dark overvalued compared to Crowdstrike on this score, or Crowdstrike is undervalued overall in the marketplace.

I'm not convinced that the price to sales ratios are accurate.

Customer numbers will most likely be exaggerated. How are they defined?Some one can be a "customer" and not buy anything!

HKK - dead right. As long as we are discussing how much we are ahead & complaining about our lack of foresight when we could have sold at the top, we are all winners. Some great posts by the way. A 115% rise in any share every two-months will do nicely.

The BBC going back to 2018 describe Dark as an "Anglo-American cyber security company." If you Google Darktrace it comes up as a "British American AI company."

Darktrace sees itself as Anglo-American as it is the best way to build traction across the Atlantic. I would be amazed if they are not already working on a secondary share issue in the States and a dual-listing for the shares.

Trading in recent days, particularly around and after the close of play has been very odd to say the least, but particularly yesterday when the price had closed around £7.20p then taken off after hours like it was tied to Jeff Bezos's New Shepherd Rocket!

I was asked yesterday evening what price Dark closed at & I said that I really didn't know for certain!!!

MTB - It is a great point to emphasise - THIS SHARE IS NOT DRIVEN BY FUNDAMENTALS! I would guess we are 12-18 months away from this state of nirvana. Until then speculation, hype, trader-twitch etc will set the scene!

HKK - Absolutely spot on assessment & it was overdue happening. A lot of investors with significant gains taking them.
Dark will be a traders football for a time!

Form an orderly queue there are going to be a lot of people on the bridge!

Caitlin. Unfortunately this is pretty well standard parroted fayre, albeit an extremely low standard. You may need to get to the bridge quickly as scuffles will be breaking out to get to the front of the queue, and crowd control emergency procedures will be in place! It will go viral as investors from this blog go down in a spiral!

RDSB shares are well up on the day only a week ahead of the results and dividend announcement, followed by going Ex-dividend a couple of weeks after that.

Without anything negative to say few say anything!

CR - It gets more complex but essentially if you are £5,000 up on a share, it is the only one you hold & you sell them, your Capital Gain of £5,000 falls in the current Tax Year. This is within your £12,300 CGT allowance for the Tax Year so that you still have £7,300 to play with. However, if you buy another share and sell it at a £5,000 loss in this Tax Year. You can offset the loss against the gain and you are back to square one with a £12.300 CGT Allowance to play with.

Bear in mind that selling other assets, a second property etc can have a Capital Gain and affect your calculations. You cannot simply move the shares into an ISA environment, I have always had to sell them, place the cash up to £20,000 allowance for the year, in my Self-Select Shares ISA then once it is in that Tax-Free environment buy them back again.

I literally bought a block of Deliveroo within my ISA soaking up much of my spare cash in it, when they had almost reached ground zero. Then along came Dark and after working their magic on me I bought outside my ISA a couple of times. Far better organised if it was the other way round, but all I here these days is that ROO Deliver, so I'm hoping that they do!

The Capital Gains stuff is just my opinion - believe me it can get complex - so any interest make sure you check it out thoroughly with an expert.

MTB - I was going to mention this, but decided not to complicate the message. I must admit it is a thought, and discriminates savagely against those who are single, but ultimately if I am in a situation where I am threatened by having to pay say 20% on Capital Gains every year, I will simply boost UK sales of champagne! And max out on stuffing money into an ISA until Sir Keir jumps up and down on them!

It is odd that you can simply give the shares to someone else & it solves everything. But how do you feel watching the latest flash cars go by, knowing that you paid for one containing your former partner, but are no longer invited to drive it!

Antropica - Always worth checking with your own ISA provider to ensure everything is certified and correct, but my Stocks & Shares ISA is pretty standard & watertight with a major national provider. A certified stocks and shares ISA accepted as such by HMRC is a completely tax-free environment.

Continued.

I bought Dark shares 2 x on a standard basis & noted that my gain on this exceeds the yearly individual Capital Gains Allowance of £12,300, if I sold them all at once. This gives me a few choices -I can pay the tax or dying is also an option, but not recommended!

I can offset capital losses in other areas against this if I sell them, or consider selling part of my holding at some point to crystallise all or part of my Capital Gains Allowance for the Tax Year.

I can no longer Bed and Breakfast a Capital Gain - selling shares one day and buying back the next. I need a 30-day gap between selling and buying again Booo! Hiss!

Everyone tax situation is different so please check this out for yourself, as the above are just based on available public information.

Virtually everyone reading this will have made some stunning gains in a very short space of time, so I thought it might be useful to share this just for people to bear in mind. The only entity happier than you making a big capital gain is probably HMRC.

I bought some Dark shares from a self-select ISA - happy days in a tax-free environment.

But I also bought Dark 2 x outside of this as standard share purchases.

The gravitational pull of cyber defence companies like Dark is to the States without any doubt. I think a dual listing may be part of Dark's strategic planning, and probably any future share issues could be on both exchanges. But, I really don't think that they will get that far without losing their independence.

Yes, it would be a nightmare if you were down on DARK and had decided to cut your losses, when the SP has just carried on climbing.

I've bought 3 x now & for me the demand dynamics for cyber defence systems and future prospects look brilliant. The biggest factor for me though is that its a really exciting share - not many are.

If I am considering selling off underperforming shares, I virtually always ask myself the question "would you buy them now?" What are the strengths weaknesses and prospects of the shares being sold, compared to Darktrace. Is there a compelling argument to switch.

Some words of wisdom I was told a lot of years ago was that "the shares don't know that it is you who owns them." So that if you are loyal & stick with things through the good and bad times in life - with shares you need to abandon this way of thinking as it can be unhelpful.

One of the biggest issues for me with State & Criminal cyber intruder attacks is that the victim has to accept the intrusion or defend successfully against it. The perpetrator of the cyber intrusion learns from the experience, and just moves on and develops the next cyber plot it intends to hatch - it loses nothing.

I want Dark to develop a product that on detecting a definite cyber intrusion, fires of a cyber attack response that damages the perpetrator servers irreparably.

It's not beyond the bounds of possibility that exploratory talks were held between Microsoft and Dark as a private company. And that something like this determined Dark to go for a listing so that the market would determine a realistic price. For now it is a formidable partnership arrangement.