Member Info for sheltie

neither do I Watchman007. It's a good company yes; but it still has a long way to go and much to prove. TB were never going to offer a premium of 100% let alone the £12 that one certain person was saying would need pay! 300% premium for a barely profitable company, with zero dividend. Dream on!! Looks like the war will be with us for the New Year onwards too, sadly. Thousands dying needlessly.

it's 'bias', which is only natural (though not good). People look for whatever fits their agenda. It may be a £10 Broker Target. It may be an article that says 'Buy'. It may be a slick CEO Presentation. It doesn't really matter. People consciously or unconsciously, trend towards whatever suits their own agenda. The only thing that matters is how much you have paid for shares in the past, that today are valued at £3. Some here have paid triple that. Others have paid just the £3. If you are the lucky latter, then any talk of £2.50 won't faze you. If you paid £6/£7+ then anyone, or anything, talking about £3 or an 'Underperform' Broker note, for example, and your 'bias' will shut it out and treat it as an untruth.

Lending, between Motley Fool and the Analysts (except for the idiots at Berenbergs) nobody is exactly screaming "rush out and buy these amazing shares". In fact, they (and I) have all been completely correct with their Bearishly low Target Prices. This was always going to see continued weakness. Shallow or not, Motley Fool have never said "Buy" at the end of any of their articles; that has proven very wise advise indeed. Most here would have saved themselves some thumping losses, had they taken heed - myself included [and at £4.19p average, I'm one of the lucky losers here]! ATB

because a) it is a tech stock and b) Mr Market feels that this is a fair price for where this company is at. I tend to agree too. Be grateful for £3, as this is just a couple of bad days away from £2.50p!!

Ade1234 the average Broker rating is now about £3.80 as this article is still taking into account the old Berenberg £10 nonsense. As a result of that one completely out of date [and now much, much lowered price], their 'average Broker Price' of £5.89 is 100% inaccurate; it is now well out of date, much lower (by about £2's) and therefore to be totally ignored.

Perhaps the real question should read "what is the reason for this weak year"!? Strip out the TB total non-story and it has been in a steady decline for pretty much all of 2022. Expect less here, as mentioned back in July; it's not a magic carpet this company :)

Bobocaca - that's very sage advise. This will take a long time and with the war in Ukraine set to go to the next level, the world, as of yesterday, has become a more insecure place. A long winter awaits, but we just have to get through it, grit our teeth and accept that 'patience' will need to be at a premium. DT was never going to be a get rich quick scheme, never. Despite some very naive and excitable posters here, trying to fool people into thinking otherwise. Fact of the matter is, DT has been a very poor performer, throughout 2022 (the very short-lived TB fiasco excluded) and has no resemblance to what the rampers here were predicting. They have been miles out and should be ashamed of themselves. On the upside, it's clear that they have now amended their behaviour somewhat. Enjoy the weekend folks. . . . ATB

This is exactly what I was talking about earlier. Down we go, straight through the £3 Trap Door. Way too easy. Don't waste your money gambling on catching this falling knife - stay in cash. Every day, people buy these shares and instantly lose money. I guess it's karma, for all the shameless (and completely 100% wrong) ramping, that has been done here :)

Barclays has 300.47 as Trading Support - then it falls to 263 and 216. Additionally, "Technical Analysis": Short-Term Bearish Scenario. "Technical Comment": Sell
(the above taken from Barclays' Research Centre, today).

Motto of the story for DT? Don't fall through the £3 trap door!

NewKOTB I also read it like that. It's certainly a very curious and unusual thing for a CEO to say. Almost saying "come and get us, we defo for sale"!?

You watch interest rates. I mentiined 7.5% (minimum) last week. We are heading into a dark place this year and into next. Pension Portfolios are being decimated and Mortgage rates will rocket. Cash is King for now. As for the true value for DT? For me +/-20p of where we are now, is it for me; hence why I set my own personal £4.20 year end target back in July. Do-able but a stretch for sure. These headwinds were brewing back then, so life is not going to be easy for DT.

Bobocaca, I don't take much notice of Brokers guesses myself, but of them all, only Berenberg, sticks out like a sore thumb for getting it all so wrong. The others have proven to be pretty much spot on, with their mid[ish] £3's guesses. . . .Well done Peel Hunt, for 'seeing it' so early on.

Fair way of viewing it Pearls. But if nobody else comes in this year, then perhaps one might wonder why with such a vulnerable pound? Is there quite the appetite for buying this very young company, that people are convincing themselves of? Nobody knows why the TB story didn't play out; we are 'guessing' that it was price - but it could have been anything. I'm sceptical of seeing another potential buyer for at least a year here and quite possibly two. DT needs to prove itself more, as it's such early days as a Public Company. That said, if it was offered, then I'd take £6 and run!! ATB

This is from the BBC this morning, as the Pound reaches a new low. . .this is a cut and paste of exactly what was written in the second part, to help cut to the meat of of the article...."Peter Escho, the co-founder of investment firm Wealthi, said: "All currencies are getting sold off against the US dollar, so there is a large element of US dollar strength. But with the pound, it has really been exacerbated by news that the new government will be cutting taxes, which is inflationary.

Add to that recent energy subsidies and news that the Bank of England might need to have an emergency rate-hike meeting, this all results in a sense of panic," he added.

Some investors think the Bank of England will be forced to take emergency action to halt the pound's slide. To stop the bleeding even temporarily, the BOE may well enter 'whatever it takes' territory to bring inflation down. An emergency meeting rate hike could happen as soon as this week to regain credibility in the market. We could even see a hike today," Stephen Innes, managing partner at SPI Asset Management told the BBC".

It's going to be a nerve shredding time for the remainder of the year. Get your hard hats on!!

I can see interest rates reaching 7.5% from here. The current interest rate is still far too low. It's going to be a long tough winter for many (+ global equities will feel a chill wind as folk are forced to sell up to release needed funds), with multiple headwinds to battle. The Bank of England has bottled it consistently from the start of this year and let us aimlessly sleep walk into this mess; and now as ever, we (& the Government) will pay in multiples, for their weak leadership. My motto is 'hope for more, but expect less' for what is left of this year. We need three or four increases of 1% by the summer of 2023; because you cannot fight a fire with a Water Pistol. Yours faithfully, Sheltie - 'Governor of the Bank of Common Sense'.

One last thing. Where did "I'm 90% certain TB will offer" and "I see £8++ maybe £9+++" go? Who cares. He must be weeping, having paid all the way up to just shy of £10. Youcher.

Looking at the stocks out there, some of them very major companies, is truly shocking. Many FTSE100 companies are now down 50% or more this year, and some FTSE250 firms are down as much as 96%! It is total carnage. Boohoo down from £4 to 39p in 2 years. ASOS down 74% in 2022. M&S down 55% in 2022. Aston Martin down 72% this year and 96% since floating. Easyjet down 49.5% and Cineworld also down 91.5%. Both just this year! The list is just endless. So many pensions being ruined, let alone ISA Stocks and Share Portfolios. It's truly been a horrid year for investing. One to forget. Good weekend folks. I need a Gin and Tonic to numb the pain. . . .

only pulling your leg Lending! ATB

"Mr Market... is a very silly fellow at times". That made me laugh!! I reckon Mr Market, is a total nob most of the time!! :) :)

oldgold I 100% agree. Moonpig is certainly an inferior investment, in my opinion, when compared to Darktrace. I just wish the Market would stop screwing with this share, as it deserves so much more recognition. If we can reach £4 by year end then I'll take it; but my focus is now very much on 2023 - which I have budgeted for being the year that I sell. At a decent profit too I hope! ATB