Darktrace Share Discussion Threads

[timmy11] 01/2/2023 11:52

halfpenny give up, you're getting boring how many companies do you short or do you just post for the sake of posting so many shares you are doom and gloom on

[halfpenny] 01/2/2023 11:49

Yes, Dark are still at High Risk so expect more negative issues as Customers walk away.

Get ready as 200 will be tested again as more bad news flow. It must be terrible for the staff who are probably fleeing away from the Dark.. looking for the light..
TOO RISKY at these levels!

QCM are Digging Deeper into the DARK Tunnel..Twitter..

“We are preparing a complete response with a thorough list of follow up questions for Darktrace's management. Such list will also be forwarded to Darktrace's auditors, regulators and other investigative bodies, along with our initial report. “

[hamhamham1] 01/2/2023 11:38

Bloomberg Headline: ChatGPT unleashes trader stampede for everything AI: Tech Watch

[ianhamo] 01/2/2023 11:25

At least the share buy back allows the institutional holders a way out with minimal damage.

[the chairman elect] 01/2/2023 10:15

Hello DARKness my old friend....

[crosswires] 01/2/2023 09:37

I haven’t got an issue with shorts, but I do get bored of the bashing brigade who head over to bbs just to post when they have no material interest in the share and they haven’t posted on the board in question before (it’s very transparent). I can’t imagine if they’re paid it amounts to much and either way is such an odd way to spend your time. Each to their own I guess 🤷🏼‍♂️ Easy to filter mind 😉

These buy backs will certainly put the downside risk at a minimum for some time, 5% of float effectively and then not returning to market means smaller float for shorts to buy back later. So if you’re short you need to think how sure am I, as the share price upside is still unknown but the downside risk to the share price is now less pronounced whilst the 35m shares are being taken off the market.

Interesting times

[bbmsionlypostafter mk2] 01/2/2023 09:36

Sceptical,

There are already 70 pages of questions awaiting answers -





What will come of this? Time will tell but I'm confident nothing good for those who are holding or jumping in on what they see as a once in a lifetime buying opportunity,
particularly with QCM's cannon already primed & loaded for the second broadside. Incoming!! Keep your heads down, boys!



8:00 am · 1 Feb 2023

Quintessential Capital Management
@QCMFunds

We are preparing a complete response with a thorough list of follow up questions for Darktrace's management. Such list will also be forwarded to Darktrace's auditors, regulators and other investigative bodies, along with our initial report. #darktrace $dark

[wheeze] 01/2/2023 09:30

Just bought in having had Darktrace on my watchlist since launch. One for the bottom drawer.

I hate bleeding shorters especially American hedge funds.

May they perish at the hands of the market.

[scepticalinvestor] 01/2/2023 09:21

That is all they need to say dimwit. Anything more wld imply questions.Nothing will come of this imo but it will be worth buying in when these are 20-30% lower.

[bbmsionlypostafter mk2] 01/2/2023 09:13

Especially after reading this hopeless& totally inadequate first response.

They would have been better served saying nothing.





Darktrace plc ("Darktrace") (DARK.L), a global leader in cyber security AI, notes that Quintessential Capital Management, which recently announced a 0.86% short position, has today published a report in relation to Darktrace.

In response, Darktrace comments:

"We have never been contacted by the authors of this report for information . As a UK listed business, our management team and Board take our fiduciary responsibilities very seriously and have full confidence in our accounting practices and the integrity of our independently audited financial statements. We have rigorous controls in place across our business to ensure we comply fully with IFRS accounting standards. We're proud of the business we have built, which today helps to protect over 8,100 customers around the world from cyber disruption."

[the chairman elect] 01/2/2023 09:10

Must be a screaming BUY then at these crazy share price levels!

[crosswires] 01/2/2023 09:03

Under the Twitter link it’s worth reading some responses. Some negative re Dark and some positive both from people who use them. I suspect the sales tactics are fairy common practice in the industry so it will come down to how good their software is at the end of the day. Interesting times, but i’ll be a heavy buyer between £1.50-2. As i said yesterday I haven’t got an issue with shorters and in some circumstances they can create opportunity for the patient LT holders who are not after a quick buck short term.

[zam1] 01/2/2023 08:09

AgreeHold it ff until shorting stops and it has bottomed below 2

[scepticalinvestor] 01/2/2023 07:47

Gone through the short report and seems to be a rehash of previous allegations. It is going to be detrimental to the mkt cap tho, so will be holding off buying until these scum get the price down further

[longtallsally] 01/2/2023 07:36

It’s Damp squib ;)

[jubberjim] 01/2/2023 07:30

Let battle commence

Hope it doesn't turn out to be a damp squid

On a personal level do not like shorters so would be delighted to see the shorters have their proverbials handed to them

Good luck everyone

[longtallsally] 01/2/2023 07:20

Plus £75m buy back programme separate to the EBT one. Shares required then ;)

Nothing you say? Only if your agenda is to see the share price fall further ;)

[hamhamham1] 01/2/2023 07:19

01 February 2023
Darktrace plc

Notice of Half-Year Results

Darktrace plc (DARK.L), a global leader in cyber security AI, will announce its FY 2023 half-year results, encompassing the six-months ended 31 December 2022, on Wednesday, 08 March 2023 at 07:00am BST.



Webcast and conference call details will be made available on or after Wednesday, 01 March 2023 at hxxps://ir.darktrace.com/.

[hamhamham1] 01/2/2023 07:18

Nothing news

[hamhamham1] 01/2/2023 07:17

01 February 2023
Darktrace plc

EBT Market Purchase Programme

Darktrace plc (DARK.L) (together with its subsidiaries "Darktrace" or the "Group"), a global leader in cyber security AI, today announces that Equiniti Trust (Jersey) Limited (the "Trustee"), as Trustee of the Darktrace Employee Benefit Trust (the "EBT") will commence on or about 1 February 2023 making further market purchases of ordinary shares of £0.01 each in Darktrace ("Shares") for up to 10 million Shares (the "EBT Market Purchase Programme").

Purchases under the EBT Market Purchase Programme are for a maximum aggregate consideration of £25 million (inclusive of brokerage and dealing charges). The EBT Market Purchase Programme will complete on or before 30 April 2023, unless extended by Darktrace (subject to applicable law). Shares purchased under the EBT Market Purchase Programme will be used to satisfy existing, planned and anticipated options and awards under Darktrace's employee share schemes, or as otherwise permissible within the terms of the EBT trust deed.

[terminator101] 01/2/2023 06:59

That detailed short report is pretty damming.

[dudishes] 31/1/2023 23:44

The Chairman elect, were you boasting at £8, £6 and now 2 flippen 40p

just like QFI, sucker!

Didn't bother to add today, as short from £8 looking rather tasty.

bye

[hamid1970] 31/1/2023 21:47

More balanced view