Member Info for Watchman007

Lets hope so. I do.

SW77 - It maybe they wanted to keep the news out of the limelight, then again they might have forgotten. Anything's possible with DTs customer relations dept.

I've got no green boxes today. Have things changed or are people on holiday / asleep?

In 'the old days' it was always thought prudent to avoid investing in companies who either had flagpoles out front, aquaria in their reception or sponsored motor racing, especially F1.

I think the point is, to me at any rate, that they downgraded their outlook and that hasn't changed. A point made elsewhere about the BOD focusing on the Share Price is the usual nonsense from that poster. The board should be, and hopefully is, focusing on driving the business forward, retaining existing customers and gaining new ones. Retaining staff through a high SP is frankly ridiculous. The E&Y appointment is a good move but driven by events. Lets hope they get a clean bill of health and act on any non conformances.

PI_Winner
Friday is a good day to bury bad news but companies do do RNS on Fridays. SGRO released their Year End figures today. You're in danger of missing a trick!

Charles, if we had a pound for the number of times you'd promised to post less or some such undertaking we'd all be retired on our yachts.
The simplest solution solution would be if DT got taken private and then this BB would disappear.
I think both scenarios are as likely as each other! :-)

I Googled Hackathon Cambridge Event and got the answer but won't post the link here in light of what you said!
If you do the same you'll get the answer.

PatShare, there are many places it can be found. A simple way would be to go on London Stock Exchange website on the Dark page. On the graph select 'volume' in the Add Indicator box and the daily volumes are displayed when you hover over a date.
This is not your job. Let those that want those numbers do it themselves :)

Update
Charles' predictions coming thick and fast. If you put "I'll eat my hat after anything" it negates the could or might or whatever.
16th Feb - CR888 "Feb next year Dark could be 800 p or I eat my hat :) (+ 197%) Price now 269p
15th Feb - CR888 "I see Dark going up 100 per cent from here in next 6 months to 520 p" Price now 260p
6th Feb - CR888 predicts "I doubt Dark will stay under 350 p for more than 2 weeks , or I will eat my Hat :):)" (+ 50%) Price now 233p

Sheltie predicts "£1.50p to £2 range over the course of 2023."

Charles, could, should, may, might, ought to, if and a new one on the chart "soon" don't count for forecasts. You know the rules fella ;-)

Update
6th Feb - CR888 predicts "I doubt Dark will stay under 350 p for more than 2 weeks , or I will eat my Hat :):)"
15th Feb - CR888 "I see Dark going up 100 per cent from here in next 6 months to 520 p"
Sheltie predicts "£1.50p to £2 range over the course of 2023."

The profits will be more driven by overheads and product availability. It is true preowned prices are coming back to reality but, whilst growing it is a relatively small part of WOSG revenue.

Interesting to see how long the buybacks continue for. Someone commented last week that they may tail off if short sellers subside. Either way, they are only budgeting to buy back what they've diluted over the past eighteen months.

PI_W. They should not 'bake in' all revenue from a five year contract in the first year if its not been paid for.
That is what ARR measures.

BBC Agreed.
DTs most enthusiastic forecaster (after you know who) is Berenberg, who's head of retail investment is married to DTs Head of invester relations.
Chairman is also on board of Mike Lynch's Invoke so close ties there.
CEO was high up in Aurtonomy and has been missing in action. She's now loaded up enough shares to go.
Strong and independent leadership required.

W. The gist is that pre IPO Dark Trace was using shady accounting practices - along with similar non listed tech companies - that are easy targets for short sellers. It says whilst Dark addressed the issues raised by QCM they didn't do it decisively. They recommend appointing a new Chair and further distancing themselves from management with Autonomy connections including appointing more independent non exec directors.

I think Trump is unapologetically guilty of most of what he's accused of. He thrived on his had reputation.

Why did QCM REDUCE their short position?

I would think very few here, certainly me, see a scenario where Thoma Bravo would feel compelled to revisit Dark. They never got as far as making an offer last year for reasons we can only speculate but given that they either didn’t like what they found or didn’t think Dark was worth what the stakeholders would accept why would they return? The business is worth less now than last year and yet no other player has felt compelled to dive in. Being cheap and being good value aren’t the same thing. IMO until Dark become less opaque financially and stop rewarding themselves with dubious share bonuses they will not generate worthwhile value.