Member Info for Watchman007

I doubt Sheltie will be losing sleep over this!
As you can see below Charles' predictions change by the day.
Apparently Thomas Bravo will be bidding soon as well, squeezing the shirts even more!

6th Feb
CR888 predicts "I doubt Dark will stay under 350 p for more than 2 weeks , or I will eat my Hat :):)"
Sheltie predicts "£1.50p to £2 range over the course of this year."
10th Feb
CR888 "I will eat my hat if Dark not over 350 p by March 8 next results :) :)"

or this from Bloomberg
Watches of Switzerland Group Plc, the top Rolex seller in the UK, plunged the most in more than two years as sales of luxury timepieces and jewelery in the US missed analyst forecasts.
The stock dropped as much as 16.5% in London after the company reported weaker-than-expected sales for its fiscal third quarter on Thursday, particularly in the US.

Its probably because the EPS has not kept up.

If DT thought the announcement would boost the SP today wouldn't Jefferies have bought back more shares yesterday?
Just a thought.

Ironically this may be the first one he's been right on!

Charles is adept at not forecasting, just giving that impression. Even the header on this thread is followed by his trademark 'lets see'. You'll find he uses words like 'should', 'could', 'hope' 'might' , 'may' and Lending's favourite, 'if'. He's been doing it since IPO and as long as you keep a sense of humour or filter him he's more of a weapon for the shorters - or as he calls them shifters.

Trading volume appeared high yesterday?

@Joll, my take is that things are largely baked in. I hope I'm wrong and the last hours trading looks like I may be but with inflation I would be looking for better than forecast numbers. Its the overheads that concern me. GL

I think Poppy can avoid CGT and income tax by doing this. However the brother isn't so lucky unless he holds onto them for seven years and she doesn't marry and even then not sure he doesn't get clobbered.

Was Poppy's gift to her brother of approx £850k shares for tax reasons? It amounted to approx 9.5% of her holdings from what I can see.

For me it is the blatant conflict of interest with the lending agent having zero exposure to risk.
"In exchange for brokering loans and investing collateral, lending agents receive a percentage of the investment returns, typically 30 to 40 percent. Lending agents are not, however, responsible for any investment losses. In other words, institutional lenders shoulder 100 percent of collateral reinvestment losses, yet receive only 60 to 70 percent of the gains. Thus, lending agents are incentivized to seek maximum gains, regardless of risk, placing their interests in direct conflict with their clients’ interests. The result is that lenders might not invest collateral consistent with appropriate risk controls and investment guidelines, causing the institutional investor to unknowingly bear a disproportionate risk to the collateral received."
Its all down to institutions 'sweating the asset' but yes its legal.

about the brokers forecasts.
"Among the most bullish is Jefferies, whose price target of 425p is approximately double the current share price. Jefferies is Darktrace’s joint house broker, alongside Berenberg."
"Jefferies led Darktrace’s IPO, with Berenberg a global co-ordinator. Berenberg’s equity syndicate desk also handles much of the business for Darktrace early investors, including three secondary placings last year that raised a total of £585mn.
Another overlap is that Laura Janssens, Berenberg’s head of European equities since July 2020 and its former head of European research, is married to Darktrace head of investor relations Luk Janssens. Berenberg’s research on Darktrace has never noted the relationship.
Asked to comment, Berenberg said: “Our research department has systems and controls in place to manage and, where necessary, disclose any relevant conflicts of interest.” Laura Janssens added by email that she was “surprised and disappointed by the obvious inference of your questions”.
Berenberg’s research on Darktrace exceeds even Jefferies for bullishness, with analyst Benjamin May’s current share price target of 600p the second-highest in the City. He has maintained buy advice on the stock since starting coverage in June 2021 (except when restricted) and according to Bloomberg data has reiterated the call more than 30 times, most recently in a note published on Wednesday."
Well there are a number of red flags flapping in the headwind here.
But hey ho, nothing out of the ordinary, all good. :-)

I thought at first it was a typo but as CR888 has persisted since the takeover talks were announced last year in calling them 'Thomas' Bravo I will confirm what the rest of us knew, they're called THOMA Bravo!!! I know you get too excited to bother to proof read your own ramps but at least DYOR.

Today
CR888 predicts "I doubt Dark will stay under 350 p for more than 2 weeks , or I will eat my Hat :):)"
Sheltie predicts "£1.50p to £2 range over the course of this year."
Lets see.

Sheltie
The comedic content on this board is worth the price of admission!
Yes lets track Charles v Sheltie. I know who I'd rather believe.

I just don't get it! CR888 et al promised that the price would go to the moon and beyond. Major funds buying in and shirts (sic) squeezed. £3.50 by lunch, £4 by tea. PI_Winner, follow Charles at your peril. GLA

A voice in his head :)

Tbh cr888 has been the posting fanciful and unrealistic targets with zero facts - opinions aren’t facts - ever since ipo. So far he’s batting 100% wrong. As much as I’d love this share to rise to a level I can get out with only mild embarrassment i really don’t see any change in fundamentals. I don’t see any compelling argument for this going much higher for a while. DT listed in UK for a reason and to me it was because this market is less regulated than the US and they would have had a lot more scrutiny over there with ML’s involvement, not to mention possible suspension given his lawsuit. His man is chairman and as Lending has pointed out more than once the BOD are not truly independent. There was ll be more shorts and manipulation. GLA

Charles, it's obvious you haven't actually read the article you posted a link to. Apart from the section Lending highlighted I found the Berenburg connection explained a lot. There is still a lot to do to get the shorters off their back and it still feels like it'll be a case of selling on a rise before the decline returns March update needs to be stellar.