Hi, I'm currently holding shares in equals group (EQLS) but really been considering splitting my holding and putting half in THG. The price here seems detached from reality. Even with cost of living the the type of customer they have the last things to get cut from the budget are cosmetics and protein especially in this day and age. Do we think this is the bottom for now?
Nice little jump yesterday seemingly on no news managing to hold on so far this morning. Perhaps a large buyer yesterday afternoon. The last few jumps like that seem to be correlated with CA unloading to institutional buyers
Sorry I wasn't clear I was referring to net ARR retention rate which if above 100% is a great indicator of reduced customer churn and increased spending of existing clients. Above 100% is good some big hitters like crowdstrike report around 120% dark last reported 105%
I used to hold shares here amd brought back in the ipo. The company is worth a lot more than the current price in my opinion but I think its being held back by the legacy issues of its main owners and insiders too willing to dump stock as soon as they are able. The company has constantly proved they are getting better the have increased ARR and retention which is what the main concerns were which seems to go against analyst opinions which tend to be on the sell side. Feels like a bit of a city vendetta against the shares. Cyber security is a necessity these days and the recent acquisition can be sold to customers as an extra module increasing that retention figure to above 100%. Will probably take a serious look here after rather insider lock up ends in May.
I think it helps that it is a well known and generally respected investing site which has recommended equals. Puts the name out there and gets people looking at the stock. I think most retail get most information from financial media as opposed to their own due dilligance. I think equals is good for any tipster to be honest. Seems to be little downside risk so probably a safe bet for them.
Is a pretty good read very in detail. I'm guessing quite a lot of work went into in hence it being stuck behind a paywall and seems pretty bullish with a 6 month price target of 120p. Nice to see people realising the potential equals has.
I would expect to see revenue increasing faster than costs now so would expect to actually make good profits this year as the business keeps growing. Hopefully also see higher margins as the solutions business takes off
Nice to see DARK taking advantage of the reduced tech stock premiums at the moment. Acting more like a growth company by making acquisitions similar sort of strategy as the yanks have with bolt on acquisitions which add value and enhance product offerings should help the retention % too would be nice to get ot above 100%.
In other news seen Peel Hunt not doing too well down nearly 40% since their IPO not a good look for them ??