Member Info for PI_Winner

Thanks KCRCR, unless the deal was executed before the 11th Jan, I do not believe they can bake it in. My thoughts are that they would have mentioned it in the 11th Jan update if it was a done deal.

In the 11th Jan RNS it states ''PREVENT activity continued to make us optimistic about this product family's potential for near-term contributions to our business''. - To me that means they were in detailed negotiations at that point but nothing was signed if that makes sense......terms optimistic and near term contributions are key.

In terms of tech firms revenue do they bake in all revenue in the first year i.e lets say 5 years at £10M a year.....£50M is baked into 23 or not? thanks

What are we thinking expecting??

FY 23 - Outlook for the year - improved forecast or not?
Management changes - couple of new NED's or not?
Game changing products - Heal and Prevent/OT - Great results on Heal testing? Great interest/demand for Prevent/OT?

Interested to get PI's thoughts on what we are looking at for results in 3 weeks time.

RNS 11th Jan - For FY 2023, Darktrace now expects a year-over-year increase in its constant currency ARR of between 29.0% and 31.5% (previously 31% to 34%). This implies a year-over-year change in net ARR added of between (2)% and 6%.

Foreign exchange headwinds present early in the financial year have largely reversed, allowing us to moderate our reduction in revenue expectations. Based on this partial offset to lower ARR growth expectations for FY 2023, Darktrace is now expecting year-over-year revenue growth of between 29.5% and 31.0% (previously 30% to 33%).

These new guidance ranges imply that for FY 2023, Darktrace now expects that 47% to 51% of net ARR added, and 47% to 48% of revenue, will have been contributed in the first half of the financial year.

Based on strong preliminary 1H results, its plans for 2H operations and investment, and its expectation that it will be able to maintain operating efficiencies, Darktrace is increasing its expectations for the FY 2023 adjusted EBITDA margin to between 16.0% and 18.5% (previously 15% to 18%).

RNS 9TH Feb - A major provider of critical infrastructure services which has signed a multi-million-dollar, multi-year deal with Darktrace in Q2 of fiscal year 2023 - the single largest deal signed by the business to date

· A leading power transmission company with a majority stake in its National Power Grid

· An energy supplier with over 500 gas stations

· A not-for-profit electric power supplier with over 150,000 member-owned accounts

· A global chemicals company operating across 20+ countries

· A major provider of crude oil and natural gas listed on the NYSE

RNS 11th Jan - HEAL delivered to early adopters on schedule
As previously indicated, the fourth product in our Cyber AI Loop, HEAL, was delivered to early adopters before the end of CY 2022. This AI product is now installed in these real-world customer environments, enabling us to gain valuable feedback over the coming months as we continue to evolve our HEAL product family. HEAL will complete our vision of delivering a Cyber AI Loop, the first-ever solution that starts with assessing cyber risk, provides real-time cyber defense and, with HEAL, will extend our capabilities into cyber resilience.

PREVENT Momentum
RNS 11TH Jan - As previously indicated, we expect to be able to start assessing the performance of our PREVENT products in the second half of this financial year. While still early in the product introduction cycle, December PREVENT activity continued to make us optimistic about this product family's potential for near-term contributions to our business.

RNS 9TH Feb - Critical infrastructure is a top target for the world's most sophisticated and well-resourced cyber-attackers. Now with our PREVENT/OT product, defenders can prioritize and test the routes adversaries might take to get to the 'crown jewels'.

CR888, if you don't mind me asking where are you located? When we are all asleep in the UK, you are full of beans!

It is fastest exit left that I can recall of a short reducing their position after building their position! Heads should roll at QCM for the catastrophic trading error they made, they must have made significant losses.....they have reduced their short position AGAIN.....now only 0.54%....oh dear, oh dear!

Dare I say it........but the SP trends over the last number of days is positive whether going up or down. One of the brokers mentioned that historically it has been a bit of a quirky share in terms of movement which I 100% agree with. Maybe just maybe we are filtering out the day traders etc and it will only start moving radically on RNS's or major news etc. It is too early to tell whether this will remain.....but lets see.

• Core CPI: 5.6% YoY (prev 5.7% YoY)
• Food: 10.1% YoY
• Energy: 8.7% YoY (up 2.0% MoM)
• Non-Energy Goods: 1.4% YoY
• Services: 7.2% YoY

I was expecting a 265p or higher finish today if iCPI was 6.2% but cest la vie!

The US consumer prices index rose by 6.4% in the year to January, the U.S. Bureau of Labor Statistics reports, only slightly lower than December’s 6.5%. That’s higher than expected (the consensus was for a drop to 6.2%) - Not ideal, lets see how the markets react....

OK thanks I get what you are saying now. I refer to them as separate....a risk log and an issue log. As you state if a risk becomes realised it moves to the issue log with different mitigations and ultimately impacts have then occurred. I thought I was going to learn something new about risk management!

I once worked as a consultant on the implementation of a particular shared dealing platform. Part of the subscription was that you got access to the market research centre with various sources of information. Somebody thought it was a good idea to provide customers (investors) with access to the Motley Fool as one of the many sources of investor info. The number of complaints from customers (investors) as a reliable source of information was vast.....anyway it was quickly removed as a source. Motley Fool strike rate is terrible. DYOR.

Not clear on your point getafgrip. There is another half of the risk process, please expand?

Hahahahaha the good old Motley Fool.....always do the opposite of that drivel.

Did you write that Sheltie?? What are you predicting again 150p?? Ah well, good luck with your forecast.

As stated previously, bitter and twisted failed investor, once invested in DT, got the fear and now banging your head against the wall every time the SP goes UP! Ah well Sheltie, good to know you are still watching!

If as expected US CPI data is 6.2%, JP Morgan are forecasting 2% positive reaction on the S&P and potentially higher for tech firms. Below 6% CPI, JPM are forecasting 3% positive reaction on S&P and again potentially higher for tech firms. Should be a kick back for the FTSE and FTSE tech firms......lets see.

Good point Ios, also please remember the definition of a risk is something that may or may NOT be realised. All companies have to log and manage risks. I am often amazed at the nature of some risks logged and continually managed by the FTSE's that I have worked with. The more material point is the LIKELIHOOD of the risk occurring. In this case I believe it is highly UNLIKELY. As time goes on, risks are obviously mitigated and can often fall away if managed correctly.

Good update, thanks Long

Yep this is very old news.

Reputational risk is definitely already baked into the DT SP. The autonomy link is very old news.

Note the key point in Winstansley post...'it is important to note that any current controversies surrounding Lynch’s dealings with HP are not connected to Lynch's tenure at Darktrace'. That is a black and white statement.

The term potential liability is not.

1/6 of shares of total volume is definitely an interesting stat. I miss the running total Patshare! :) This is definitely a metric that should be included. That is material buying pressure from DT.....LONG MAY IT CONTINUE....AND IT WILL!

For me the most material statements for PI's in the Washington Post article are:-

''DT have lagged a rising market and trade at a BIG discount to peers''.

''Indeed, brokers following the company largely view all these QCM matters as both historical and financially insignificant.''

The Washington post has circa 80million unique digital readers per month which is huge.

If you were a US private equity firm potentially interested in acquiring DT the article would only enhance your convictions to strike given the low SP and favourable exchange rates at the moment. Amending the management team would be part and parcel of any acquisition.

Personally I would be very surprised if there was NOT another takeover attempt in 2023. DYOR.

Thanks for the info Winstanley

jzchat......hands up I called you a muppet and I stand by that based on your posts to date. The definition of a muppet is ''an incompetent or foolish person''. In my opinion, your posts align perfectly to the definition.

But happy for you to prove me wrong moving forward. Also what is your position, are you also on here for the good of your health or shorting?