Member Info for sheltie

Hardup. If not today, then tomorrow, or next week; it matters not. This will not remain in the 40’s on the back of such good results. . ATB

Wow! These are superb results - and enhanced guidance thrown in for good measure. The Market CANNOT mark this down today. Excellent. The brand new shiny CEO, probably cannot believe his luck, timing wise! All Good. . .

As we ‘should’ see the FTSE up and that, combined with, virtually nailed-on, great results from Lloyds and we should be in to the 50’s. This is a VERY interesting time for the banks. Interest rates WILL go up, it’s just a matter of by how much. A rise of just .25p will result in hundreds of millions of pounds more profit for Lloyds as it is super aligned to mortgages in the UK. At last it is our time - after 15 years!! I LOVE that! ATB for tomorrow folks. . . .

(which seems an age ago already) . . . when this was £8.01p I said that I thought this would go to c.£6.75p. Nothing has changed my mind. In fact £6.75p may be a little too cautious; it could go lower yet, as the FTSE re-traces (which it inevitably will) after its stellar performance of late. Be very careful buying here, as you're paying too much by buying today (well, even this week, being honest). This has further to play-out I'm afraid; so don't go buying [or 'averaging down' in many cases now], in my opinion, until this hits c.£6.75p at the earliest. As I write it has just hit £6.78p. The Budget may give this a little boost later though. Don't forget, it's not about wether or not it's over-sold; it's about taking advantage, as the Stock Market thrives on greed. ATB

Didi888 most of the major Institutions won't be buying today. They'll watch and wait to see how things go. When you buy as big as they do, for their Funds, every +/-10p can make a huge difference. This will play out over weeks rather than days, or this week. ATB

Now that we are a FTSE constituent we will be much more at the mercy of how it moves each day. For this week, that may however, not be the case, as it continues to seek its true fair value price. The wider global market will decide that over the coming weeks. Could be £8. Could be £5. Nobody can know. ATB

Berylfu that is an UT or 'Uncrossing Trade' so it is neither a bur nor a sell, but a firm closing price. Ignore it basically.

Let's hope so, as strong numbers will produce a rapid re-rate here. ATB

What a moron I am. I went to put it in my electronic diary, only to find that I have already done so!! Doh!

Thanks for that!

What day exactly is the update? Looking so much better here. I also bought more shares on the same day as JD did. ATB

By the dreaded Motley Fool standards this, posted today, is actually a fairly balanced article....."Whenever a stock falls back so much, I always ask whether it’s a market overreaction. There are signs that this could be the case here. In fact, in the recent full-year trading update, the company was able to lift revenues by 41.3% to $281m. The customer base also grew by 45%. This gives me hope that Darktrace’s product, which is a “fundamentally different approach” to cyber defence, isn’t just a gimmick. The outlook for 2022 also looks strong, with revenue growth expected to be between 35% and 37%. This demonstrates the potential of the tech company. Unfortunately, the company is still losing money, and this does make it slightly harder to give it a fair valuation. In fact, in the full-year trading update, it reported a loss of $150m. The current route to profitability is also uncertain. Consequently, the pullback in the Darktrace share price may not necessarily have been overdone, and it may have just pulled the stock back to reality.
Where next for the Darktrace share price?
After its mighty fall yesterday, Darktrace certainly trades on a fairer valuation. Combined with the company’s strong growth prospects, there is, therefore, some hope that it will be able to rise further. I’m going to sit on the side-lines during this period of volatility however, until I feel that the firm 100% deserves its high valuation". End Article

Didi888 Darktrace will be included in the FTSE100 tomorrow even if it drops to £2!! However, over the next three months it will need to be at above (give or take10p) £7 to stay there. For now, it is safe, come what may with the share price. ATB

well, the FTSE is due a down day tomorrow (or Thursday latest), so we will see soon enough how it copes going sub £7.

hellasVerona. To answer your question. Yes, at present (at £7.18p) Darktrace is still in the FTSE100 but in the final ten constituents. A fall through £7 and they will be ejected to the FTSE250 - which still aint bad for a company that's not even gone through corporate puberty yet!! You are very much at the mercy of the major Institutions in the FTSE100. The share increasing is by no means certain. I was in Plus500 as we left AIM to be placed in the FTSE250 (still there) and it has gone backwards ever since!! So, it's no cast iron guarantee, is what I'm saying.

it could go up, down or across! It is about the rest of this year and beyond. You can glean nothing, at all, from today/tomorrow - and we all now know that this share, especially this share, has proven that to us . . .

Hi denby the issue here, in my opinion, is "fledgling business". Nobody knows quite how to 'value' it; hence it is behaving like an AIM listed company instead of a major FTSE constituent. So, 'sentiment' (emotion) becomes a key driver as its 'valuation' has nothing to do with its actual reported 'numbers'. So, quite literally it becomes a 'punt' when really it shouldn't be. I feel that over the next year it will be a majorly volatile stock for this reason. It is rare to find a company elevated to such lofty heights based on very little! More AIM than FTSE - hence volatility and hostility. Classic AIM stuff really. But it WILL settle in time and find its natural valuation. My suspicion is that this will be in the low to mid £6's range?? ATB

It’s either Berenberg or Peel Hunt and, as of close of play yesterday, the wider market seems to think that it’s Peel Hunt. I expect further fall-out here too. That said, I feel that both are wrong. One is too low and the other is too high. This is a fledgling business and therefore carries a great deal of risk, as any young company does. A more balanced Board here would help, as it will surely put people off. Yesterday, this board felt exactly like an AIM listed company (full of posts by the next Warren Buffet). Be careful, as the plethora of totally biased posts here, will definitely make people suspicious of investing in Darktrace. This is virtually guaranteed to fall further; it might not be today, but the fall-out will not have taken place in just one day. Think two years rather than two weeks and a) you’ll make more money and b) live longer to spend it. Here’s to a better day, on this Board. ATB

Scary to think that people were paying £2 a share more on Friday! Still looks over-bought to me though, even at this level. It simply couldn't possibly continue on the previous trajectory and, even at today's share price of £7.48p, has still done incredibly well.

The Peel Hunt thing has been done to death here now. For me, I think that £8 will be the new ceiling and that this will drift between c.£6.75p and £8. The FTSE100 is at an all year high today, so it WILL retrace, and on those days, so will this share. I just see no need to pile in here yet. It can be bought for much less over the next three weeks, I strongly suspect. That said, it's not "timing" the market but "time in" the market that matters - so in my opinion for most, it 'should' work out well. ATB