Member Info for JG68

Primetime
Is that because you will have so much money to spend in dividends because you've got such a large holding having had to average down for nearly 2 years!!!

Joseywales
The last update was in October, and I think it has just fallen with poor sentiment from around that time, and has never recovered any of its losses.
Seems odd as the recent 2 billion 10 year contract underpins their evolve strategy to increase revenue by a billion between now and 27, with margins improving from 7 to 10 through that period.
80% of debt is fixed until 24, fuel is hedged through 24, yet nothing improves sentiment here.
Pokerchips
Maybe and hopefully you are right, not sure how Helen Weir will impact the results or presentation.
The CFO more likely, but still think its very odd how this hasn't recovered anything.
The year low is 127 and the all of my stocks have somewhat recovered apart from one which has been ambushed by shorts!!
Also imo with no update for 6 months this is very vulnerable to the numerous AT sells each day. It's easy for the shorts right now.

I just don't get what this is following , the ftse 250, travel and leisure, the fed ?
Firstgroup up 8% in 1 month, travel stocks all up, how is this being priced?
And is it normal or even really acceptable that company offers no update to markets for 6 months ?
It's leaving me thinking this is now going to flatline until results, and then if they're not at least meeting expectations , rerate even lower.
It's baffling me. It can't all be about debt, Firstgroup have about 600 million of debt just for example.

Every rise is being controlled by shorts, very slow progress.

Exactly Sheltie
I took a 40k bloody nose with cine a year ago at 28p, they're now 4p, took a 20k bloody nose with Ao at 100 they're now 60p, so took a 4k jab this morning on Dark.
It's just not worth it.
There's either a very personal agenda or collusion with another fund/major shareholder, or there's no smoke without fire.

Investing shouldn't be like this, up against macro up against shorters.
Imo it's not worth the stress.

https://www.dropbox.com/s/8nd8ml1ujofw23q/QCM%20Darktrace%20Report.pdf?dl=0

One possibility, Quint have borrowed shares off Lynch in addition to him offloading?

I can't see how lynch selling just 3 million shares could cause this xand I also can't see why an activist shorter like quintessential would go short on just that.
There is an unknown imo and its related to quintessential, and imo knowing why they go short on corporations, other shorters are following blind.

It's not even 2.30!!
Wonder how far down quintessential take this later.

Joseywales
If they do have a challenge then they've timed it perfectly as the board can't even respond with director buys given its a closed period.
They have either planned this for the above and/or to maximise their profits on their short.
And this is what I was saying over the weekend about other shorters following them blind on their reputation.

We knew this was coming, been discussing it all weekend.
Quintessential short is causing fear and panic.

Am I right in thinking that the board couldn't even counter any challenge by qcm with significant director buys at the moment?
Is it a closed period?

He is pulling it off , the generated FCF without the one off adjustments at half year, but markets just compared 100k profit to 261 million the year before. Eventually, my guess August 23, the profitability and FCF will be clearly visible.
And aimmaster, Experience revenue will flat as opposed to minus 8% last time, Lewis confirmed that in December.

There was a pre close TU in December, RNS is on CPI website but not on here.
More or less tells us what to expect, which is why I am not expecting fireworks until August because I think there will be significant adjustments to allow for one off business sale costs and getting the pension book back in order, which may offset profit and FCF for these results.
Hopefully the market will see through that though.

Hopefully not just my glass half empty attitude. My cynical head is now thinking maybe if they have something, other funds that know about them will follow suit blind!!

Joseywales
Not exactly sure but this site says 3%, so hopefully they are long at 2 and short at 0.83%!!
Who knows.
https://www.clearstream.com/clearstream-en/products-and-services/market-coverage/europe-non-t2s/united-kingdom/disclosure-requirements-uk-1280798

Hindy
Don't panic they're only a disclosed shorter at this stage.
They first went over 0.5 last Tuesday, and the shares spiked for the first hour or so then started dropping.
Same might happen Monday after increase Friday, who knows.
Shadowfall were taking on Dark previously, I think more about unsustainable aggressive selling practises rather than any accounting irregularities.
It could be Lynch related which is ongoing and simmering given he's wanted for extradition to the US.
Or could be what lending suggested as a possibility , just looking to go short to buy in cheap and go long.
But one other niggle I have is that they have found something which might be the real reason TB walked away, and it wasn't about valuation.
Who knows.
On the face of it, with Darks financial position, growing company, no debt, just taken on large office space in NY, with a pe less than its US peers, I am bullish.
And to be honest I missed the first disclosure last week, only really noticed because they popped up yesterday on short tracker for Friday which would usually come out Monday, and it was a fair size increase.
Monday will be interesting imo.

This is why I am suspicious why not more investors are piling in if its so cheap.
Many on here thought 200 was bargain basement at the time.
One thing that is really unhelpful us 6 months in between any update, if there isn't before March.
That seems wrong to me, but I'm guessing and hopeful that if there was any downgrade to FY expectations, they would have.
Also I'm a but uneasy about forward guidance in March, because any talk of headwinds, inflationary pressures will not go down well.

Well I'm holding at a loss right now and seriously considering crystalising it because short term I don't fancy my chances against some New York based Israeli ex paratrooper activist hedge fund shorter who has developed a hard on for darktrace.

Just click on Darktrace to see who is shorting them, then click on quintessential and Marshall wace to see all the companies they're shorting which are disclosed above 0.5%
Plenty for MW and only one for quintessential.