Member Info for ToffAppleton1

Bowler

“Can anyone make sense of why BT share cannot move forward.”

In a word…

Sentiment.

Fleecy

" in 5-10 years this. company will be a completely different one. "

Completely agree Ian, I've been saying as much myself for the last couple of years.”

———————————

That’s not quite right. You’ve been saying BT will be a completely different company for the past 5-10 years; alluding to a hefty rise in the shareprice.

Whereas in reality, the shareprice has been decimated over that timespan.

If value erosion continues at the same pace over the next 5-10 years the shareprice will fall to 30p

Never a good idea to go overweight in a solitary sector. Or in your case All In.

Your other major holding Vodafone has hit an all time low - 72p today.

Deluding yourself that all will come good in the end wears a bit thin after banging the “I’m in it for the long term drum for 5-10 years” and thinking of it as a magic bullet.

The brutal reality is that the longer you hold some shares the more you lose. Your investment tragedy could be used as a textbook example of the importance of diversification and the perils of ploughing all one’s money into a single sector.

A sector, it must be said, that has perennially underperformed the wider market, and one responsible for more wealth destruction, than any other.

scmd

You don’t have a clue what you’re talking about. I don’t know what your game is but I do know you are no trader and never will be. Your objective seems to be to post as much abject garbage as humanly possible in the hope you’ll impress the impressionable.

Take that as a callout to find an alternative occupation because you’re never going to cut it as a stock trader. You’d be wiped clean in a few weeks if you really did trade.

And this is from a pro.

Magmamus

You really are a prime example of those with nothing worth listening to have the most to say. I’ve seen all this nonsense on these boards before - you don’t have a single share in this company - your motive is, for whatever reason, to lure people in in the hope they’ll get wiped out. Only the most naive would listen to a superlative fool like you. No substance whatsoever to your posts, just the same old six word diktat urging people to buy; ad infinitum.
I hope you’re getting paid for your mindless ramping because if you aren’t, it would suggest a major personality disorder.

Bankruptcy

Why would you buy a ticket to board the Titanic after it had hit the iceberg?
In this business we call what you’re doing ‘jumping in front of a steamroller to pick up pennies.
You may have been later to the party but you seem determined to go down with the ship. You got lucky this time but don’t mistake dumb luck for brains.
Instead of a 6p gain the shareprice could have easily taken a 20/30p dive and then you would have held and hoped instead of cutting your losses, like all novices do. If you carry on like this you won’t have any money to party. I suspect you chose the moniker bankruptcy based on personal circumstances.

This’ll put the wind up the boiler room shorting boys.

Darktrace closes its largest deal to date with a critical infrastructure organization to get ahead of state-sponsored attacks and support digital transformation


Cambridge, UK – [Thursday 9(th) February, 2023] – Darktrace, a global leader in cyber security AI, today announces availability of Darktrace PREVENT/OT™, a product that identifies the paths adversaries may take to attempt to disrupt the operations of critical infrastructure. This unique approach uses AI to "think like an attacker" to visualize pathways within information technology (IT) and operational technology (OT) that lead to critical infrastructure assets, empowering defenders to harden environments and stay steps ahead of the adversary.

PREVENT/OT is part of the Darktrace/OT product family, protecting complex industrial environments against known and unknown attacks, using self-learning
AI to discover and identify assets and detect subtle deviations that point to a cyber-threat. First launched in 2015, Darktrace/OT DETECT and RESPOND™ are currently used by hundreds of critical infrastructure companies in utilities including electric, water, oil & gas, maritime, and transportation.

I know these boards are frequented by the naive and impressionable but my advice to you to dismiss hysterical postings like those of CR

They reek of desperation and loss

And I am long on Darktrace.

Cr888

‘Dark back up to fair levels , even Peel Hint set a price target around 480 p’

Mindless hysteria
Keep a lid on it.

Anyone reading your posts are going to sell in the first instance.

CR 888

I have have small long position in DT so I’m batting on the same side as you.

But for Christ’ sake dial the hysteria down. Anyone reading your posts would be forgiven that you’re sitting on a HUGE loss and are trying to suck people in. The context of your posts SCEAM SELL.

Darktrace is a profitable company in no need of any hype.

Sheltie

‘You can almost smell the fear’

Very melodramatic, but you don’t know what fear is unless you’ve held stocks in Northern Rock, Woolworths, Cineworld and countless other failed business models.

Oldbridge

But whatever way you cut it, the buyback will benefit the company and investors more if the shareprice remains depressed

I’m praying the SP will stay low. I’ve factored in 30 million shares cancelled on an average of 250p. Approximately 4.2 percent of shares in issue.

Those will substantial short positions are under pressure. All those shorts will have to be be bought back so when they stampede to the exit they could well get slaughtered. Quintessential must feel like there’s a shotgun being held to their ugly heads right now.

Darktrace have played a blinder with the timing of their buyback announcement. What we’re looking at now is death by a thousand cuts.

Every hyena hedge fund shorting DT are in collusion with each other. Right now they’ve closed ranks but what happens when one of them loses their bottle and bolts for the exit?

And my guess is quintessential will be the first one to blink because it’s a small boiler room operation staffed out by coke-snorting ex-jailbirds.

I am looking forward to the bloodbath.

Moral of the story - if you’re going to short - target broken business models. Don’t fabricate a false narratives about healthy companies.

Needham analysts Alex Henderson and Matt Dezort hit back at Quintessential after reported discussions with management. The analysts explained how the groups accounting practices require all VAR transactions to be backed with hard firm closed orders at the time of recognition.

Needham remains ‘buy’ rated on the stock with a £3.30 target price and thinks any weakness should be regarded as a buying opportunity. The firm also highlighted that DARK is one of the cheapest cybersecurity stocks they cover with strong revenue growth.

Besides the allegations discussed in the report, analysis from the Fintel platform highlighted that Darktrace has experienced high levels of institutional buying activity since listing on the London Stock Exchange.

This has been explained by a bullish Fund Sentiment Score of 70.56, which ranks DARK in the top 16% when screened against 37,084 globally screened securities for institutional interest.

DARK has a total of 51 institutions that collectively own 69.56 million shares. The largest shareholders on the register include: First Trust Invesco International, Oppenheimer Global, Vanguard and Nuveen Securities.

Two of the few decent tech companies listed in the UK …

Moving in synchronicity with each other today.
The hyena hedge funds that stalk Darktrace's stalk Wise too. Highly uneducated T**sers trading off people’s Ignorance.

The hyenas haven’t closed their short positions yet
But when they are forced to they will get slaughtered.

????????????

Fasten your seatbelts Quintessential!!!

Sheltie

“The Market won't be anything like as easily pleased as you I'm afraid.”

It’s good to have a wide spectrum of views on a board. All too often negative posters get vilified for contrarian views. Baring in mind that most on these boards are impressionable and easy to influence.

Although I find your reasoning crude and egotistical your views are welcome.

Investment Tip* debt and insolvency is what usually brings companies down - of which Darktrace has none (apart from tenancy obligations)

Aim

Sometimes action speaks louder than words. Statements of denial are often dismissed by markets. But they can’t dismiss a prolonged share buyback.

Money talks bull$hit walks.
And Quintessential and their backers are the ones doing the walking today.

Masteroo

From my vast experience in markets, beancounters follow the shareprice not vice-versa.

Take a look at recent beancounter share price targets on

Anto***asta
& Diageo

And then refer to their current values.

It’s only a matter of time until the sheeple who constitute beancounters adjust their price targets to current valuations.

Following beancounters is a fast track to oblivion.

When evaluating share issuance it’s important to distinguish those in free float and those locked up. For example today’s buyback will only account for approximately 4.18 of total shares in existence - but nearly 13 percent in free float.

Feb 1 (Reuters) - British cybersecurity firm Darktrace Plc (DARK.L) said on Wednesday it was commencing a buyback plan of up to 35 million shares worth 75 million pounds ($92.36 million).

“The buyback, which according to Refinitiv data represents nearly 13% of Darktrace's shares in free float, would be completed by Oct. 31, the group said.

London-listed Darktrace's shares were up 1.2% as of 0850 GMT, a muted reaction following a 10% slump on Tuesday after a New York-based short-selling fund questioned the group's financial statements in a 70-page report.
The market is still digesting the scathing report and the stock is down about 16% so far this week.

Darktrace had responded that it had full confidence in its accounting practices, and Berenberg analysts said in a note on Wednesday that many of the report's conclusions were "based on issues taken out of context and at minimum hard to validate".

Earlier this month, Darktrace had cut its annual revenue forecast after prospective customers turned more reluctant to run product trials due to the worsening economic environment.”

Notout

“I wonder if Dark will be able to purchase all the shares below 400.”

They’ve set aside £75 million for share buybacks from their cash pile of £368 million - which is £100 million more than it was a year ago. On the supposition that the buyback will average out at £2.50 a share - that’s 30 million shares - or approximately 4.18 percent of shares in issue. That’s a realistic scenario. It’s in the best interest of investors if the shareprice does remain depressed because it will benefit the buyback. It may not sound like much but it’s a substantial slice and buybacks are testimony to a company’s cash-flow and solvency. And buybacks are also a defense mechanism against shorting.

*****

I emailed Luk on April 14 last year to warn the company about trading anomalies.

“Dear Luk,

I’d like to draw your attention to the recent trading activity of Darktrace shares on the afternoon of April 14.

The wild downward swing after US markets opened bore all the hallmarks of a Bear Raid. A concerted attack involving numerous players colluding together to bring the shareprice down through dubious trading practices.

May I suggest you contact the market makers responsible for trading the share for information that may indicate trading anomalies.

As one of the very few tech companies belonging to UK indexes you must be aware they’re wide open to market abuse and manipulation from dubious hedge funds. To put it bluntly tech funds in UK markets get trashed. That’s why ARM chose to re-list in the US over the UK. I can fully understand why no decent tech company wants to list in the UK and see their value of their company destroyed by malignant market forces.”

I didn’t get a reply. :((

Seaking

If you do some research on Shadowfall (the hyena fund behind Darktrace’s shorting woes) you will find they have a track record for targeting British tech companies. If memory serves they were pulling the same $hit oh a company called Blue Prism (but to name one) which ended very badly for them when BP got taken over.
UK markets do not have the capability to value tech shares fairly and these hyena shorting funds know that, they rely on ignorance to scare investors away with false narratives. Little wonder emerging British tech companies choose to list in the US. These shorting funds may profit from terrorizing British tech companies with fake rumors but it’s the nation that loses out when they choose to list somewhere where they are afforded protection from these unscrupulous operators.