Avast Share Discussion Threads

[inever] 27/7/2020 08:22

I'm in at 4.50. Huge potential in my view. I use Avast myself for years. They have over 400m users but only average about $2 a user in revenue so they have lots of opportunity to increase revenue, and convert the freemium users.The business produces loads of free cash so pre float debt is being repaid and they were able to pay a maiden dividend in June.The move to working from home is only going to help them.This is one for your pension fund.

[beercapafn] 23/7/2020 09:00

Anyone active in this share. I just got in. 588p bit up and down but lots of interist in this type of company and belive it will get taken out soon.

Any thoughts.

[fuji99] 27/3/2020 13:46

Perhaps one of the few companies that will not be affected by the virus as cyber-attacks will increase dramatically during these lock-downs everywhere in the world. AVST work being mainly on-line, activity will continue as normal with minimum disruption.

[blackfinance] 19/2/2020 11:20

MeowDeadCatBounce - One would assume from your diatribe above that you are short this share. If so that's fine, but most of what you posted is utter bilge!

[volsung] 03/2/2020 17:05

Lovely bounce off 200 day ema. Not in yet but tempted

[earwacks] 31/1/2020 11:15

Blackfinance. Just a little more on the history and facts about the company that seem to escape you. It had nothing to do with a minion going to his boss with 'a little earner.' They bought Jumpshot as a going concern in 2015 as they felt it was a suitable fit. Error of judgement back then or just the way things turned out. Don't forget you have the option not to have your data shared if you have their anti virus and you are really worried about your browsing history. Not an option with many other companies

[jqb1] 31/1/2020 09:58

It's a good business. I like their software

[earwacks] 31/1/2020 09:38

Unfortunately its not that simple to answer malicious lies spread about a company, largely anonymous and without evidence, when the intent is obviously to cause harm. As yet nobody has been able to disprove the CO's explanation and as far as I can see there are no charges or likely to be any brought against them for any legal wrong doing. Morally there are obviously issues about this, data collection being one of the largest growth businesses. Don't think its going to go away because Avast have decided its going to cause more trouble than it worth, less than 5% of their business. All thats happened here is one of the few good guys are out of the game. There are many innocent people and companies that have had their reputations shattered by trolls on the internet and junk journalists. You believe whatever you want to. I know this is a good company they do a far better job than any fee paying brands I have tried.

[halfpenny] 31/1/2020 09:35

AVAST is now having a Dead Cat Bounce DCB so be aware as Trust is lost. Dont gamble on a DCB...

[gilesy] 31/1/2020 08:33

recovering as I expected despite the doom mongers predictions

[jqb1] 30/1/2020 22:41

I reckon it's worth a nibble

[yertiz] 30/1/2020 22:20

What price if/when Muddy Waters get stuck in? This is right up their street for an easy short.

[blackfinance] 30/1/2020 21:26

earwacks - simple question to you then. If you believe that statement why did the CEO feel the need to address the Jumpshot outing in the first place? Why close down a nice little earner? Why dump 100's of perfectly good employees? Lastly, if you were the CEO of AVAST a while back and one of your minions came to you and said "boss, I have this cracking idea as a little side earner" bearing in mind your bread and butter product is data security would you have said to him "nice one minion, go for it"!

[prettygreen] 30/1/2020 20:43

Dead cat ? bounce tomorrow?

[earwacks] 30/1/2020 20:36

From Co today: We want to reassure our users that at no time have we sold any personally identifiable information to a third party. We want to give confidence to all our users and partners that they have made the right decision to choose Avast and reassure them that their privacy is secure and their personal data safe.

We have always been committed to providing our users with full control of their privacy at every turn. Our Privacy Policy provides additional clarification on what data we collect, why we require it, and how we handle it, and we have made sure to use clear and easy to understand language rather than standard legal vocabulary. Since we were the first to offer free antivirus protection to users worldwide, we made the decision to voluntarily apply compliance with the General Data Protection Regulation (GDPR) and California Consumer Privacy Act (CCPA) privacy requirements across our entire global user base – without exception. Our Consent Policy explains the steps a user can take to give or withdraw their consent at any time for our products and for trend analytics created by Jumpshot.

[earwacks] 30/1/2020 18:36

great so where is the report on the investigation? The one I read was from about a year ago which claimed the data was made anonymous and the data was merely a collection of data about web traffic . Really thought this was not only common practise but common knowledge. If there are serious security issues then the Banks, fraud squad and just out everyone would have jumped down on them way back. Cant believe they could be that daft or watch dogs that blind. Frankly I find it much more annoying that BT sell my number and get thousands of unsolicited phone calls which can be stopped by blocking and asking Bt not to sell your number, which apparently you have to do every year. More like every day. So I got rid of Bt altogether 15 years ago. Brilliant move. If anyone deserves to go bust they do. Looks like they are

[candid investor] 30/1/2020 18:03

Earwacks...how do you think this came to light in the first place ? There was an independent investigation into their use of customer data where this was uncovered...only then did they own up to what they were doing ...their last annual report boasted about them negotiating an arrangement with jumpshot to boost their revenue..we now know what that arrangement was..

[earwacks] 30/1/2020 17:16

Are you mean like Muller Lite? Just like the Church of England that invested in companies the made components for land mines and mining companies that evicted indigenous populations, or tobacco companies that murdered hundreds of thousands of people and still do. What amazes me is that people buy shares in companies and they don't know what they do. They sell digital data, they have not tried to hide that in fact they very much promoted it.If you are suggesting that AVST have been selling off passwords and security numbers or personal files I have not seen any evidence to support that and it certainly does not mention that in todays rns. They have now pulled the plug on Jumpshot others will carry on for now. If there is an outside investigation which would seem sensible to clear the companies name. If they have breached securities then they will be prosecuted. Jumping up and down and saying they deserve to be driven into bankruptcy is typical vigilante stuff and very often plain misguided. Facts first please

[mikem9] 30/1/2020 17:09

The data collected is so granular that clients can view the individual clicks users are making on their browsing sessions, including the time down to the millisecond. And while the collected data is never linked to a person's name, email or IP address, each user history is nevertheless assigned to an identifier called the device ID, which will persist unless the user uninstalls the Avast antivirus product.For instance, a single click can theoretically look like this:Device ID: abc123x Date: 2019/12/01 Hour Minute Second: 12:03:05 Domain: Amazon.com Product: Apple iPad Pro 10.5 - 2017 Model - 256GB, Rose Gold Behavior: Add to CartAt first glance, the click looks harmless. You can't pin it to an exact user. That is, unless you're Amazon.com, which could easily figure out which Amazon user bought an iPad Pro at 12:03:05 on Dec. 1, 2019. Suddenly, device ID: 123abcx is a known user. And whatever else Jumpshot has on 123abcx's activity-from other e-commerce purchases to Google searches-is no longer anonymous.