Darktrace Share Discussion Threads

[longtallsally] 27/2/2024 15:34

No TB walked away.l and their MC is down to $1b now so would say they are unlikely to be back unless their share price rises sharply

[goggin] 23/2/2024 11:38

Agreed, it's only a matter of time, did they not reject a bid at almost double this price some time ago? Mabey not but the will get take out at some stage

[crosswires] 22/2/2024 16:45

AI will only exponentially create more security issues so there will only be more need for this type of service going forward. I would be amazed if there isn’t a suitor for DARK before the year is out.

[goggin] 22/2/2024 15:30

If Dark trace revealed a hint of AI, can you imagine what would happen?

[halfpenny] 21/2/2024 11:47

Show the Open Books ?
Why not?

What is DARK not disclosing!!

Too Risky at these levels!!!
HOW LOW 250p ? Once 300p Breaks Down..!!

WHY ARE...Q. Short.??
Quintessential Capital Management is SHORT shares of Darktrace Plc (“LSE: Dark”)

[stevenlondon3] 21/2/2024 10:46

Watching Palo Alto's webcast the slowdown in revenue growth this year is due to its customers consolidating their cyber products to a single platform and not being charged until the renewal date occurs. They talked about customer fatigue..I am sure customers would prefer not to have to spend on cyber security.

[scepticalinvestor] 21/2/2024 09:30

For the avoidance of doubt, nothing anyone says on these boards has any influence on the sp

[crosswires] 21/2/2024 09:24

Fall due to Palo Alto Networks disappointing trading update last night. Their stock took a 20% dive in after hours trading. Not DARK specific so a little over done,

[halfpenny] 14/2/2024 09:25

Once Transparent and 250p then may Invest BUT SHOW DETAILS FIRST....!!!

[halfpenny] 14/2/2024 09:17

Show the Open Books ?
Why not?

What is DARK not disclosing!!

Too Risky at these levels!!!
HOW LOW 250p ? Once 300p Breaks Down..!!

WHY ARE...Q. Short.??
Quintessential Capital Management is SHORT shares of Darktrace Plc (“LSE: Dark”)

[halfpenny] 14/2/2024 09:16

Remember to read about the Risks

STILL IN THE DARK!!!
TOO RISKY ITS A GAMBLE WITHOUT TRANSPARENCY...?

Quintessential Capital Management is SHORT shares of Darktrace Plc (“LSE: Dark”)

[dan_the_epic] 14/2/2024 07:39

Lmao and how much money did quintessential lose shorting this?

Who the heck is this guy? Is halfpenny short this stock? Does he work for a big hedge fund?

What the hell causes him to post day after day after day

SUSPICIOUS

[halfpenny] 14/2/2024 07:33

STILL IN THE DARK!!!
TOO RISKY ITS A GAMBLE WITHOUT TRANSPARENCY...?

Quintessential Capital Management is SHORT shares of Darktrace Plc (“LSE: Dark”)

QCM Darktrace Report RDTDownload
QCM follow up response to DTDownload
•We targeted Darktrace (“DT”) with a deep investigation into its business model, selling practices, international partnerships, and sales force

•We are skeptical about the validity of DT’s financial statements and fear that sales, margins, and growth rates may be overstated and close to a sharp correction.

•Detected numerous transactions in the period leading to DT’s IPO seemingly involving simulated or anticipated sales to phantom end-users through a network of resellers.

•DT seems to have repeatedly used marketing activities to channel funds back into its partners as payment for apparently fictitious purchases

•These alleged channel stuffing and round-tripping activities may have involved shell companies in offshore jurisdictions manned by individuals with ties to organized crime, money-laundering, and fraud

•We have detected a pattern of transactions suggesting that a portion of Darktrace’s past recurring software sales may instead be one-off sales of hardware appliances

•Accounting anomalies involving deferred revenue suggest possible problems with DT’s revenue recognition, providing a potentially misleading picture about the Company’s cash generation.

•Presence of serious accounting red flags consistent with reality detected in the field

•Multiple executives, board members, line managers not adequately disclosing their involvement with Autonomy and selling shares

•Increasing competition, questionable product value, “front loading” of existing contracts, high churn rates and lack of sustainable cash generation, point to a rapid, possibly sharp, deterioration financials

•Employment, website traffic and search volume metric suggest a sharp slowdown may be underway

We are of the opinion that Darktrace’s financial statements may not be relied upon as the company looks like a sophisticated replica of the Autonomy debacle

Quintessential Capital Management is SHORT shares of Darktrace Plc (“LSE: Dark”)

[halfpenny] 13/2/2024 12:20

Is that Why Dark Falling as all agree as it falls fast. Too Risky!!

Lower Lows Lower Highs as Dark in Black Hole!!

175p soon as NO news is BAD news for DARK!

[dan_the_epic] 13/2/2024 09:59

When people say that a lot of the human race is stupid, I tend to believe them having read ADVFN bulletin boards

[halfpenny] 13/2/2024 09:24

DARKTRACE HIDING STUFF!!
Do You Feel Safe with Darktrace??

Quote:
"Given the SEVERITY of our allegations, we believe this situation warrants a significantly higher level of transparency, which DARKTRACE has yet to provide.”

Too Risky at these levels.... just seen the article so many should know...!!

[halfpenny] 13/2/2024 09:21

See you at 175p as DARK did not provide report details.
No Smoke without Fire..Too Risky !!

DARK HOLE AHEAD !!!

[longtallsally] 13/2/2024 08:17

Indeed these shorters are dull, and it seems rather running out of ideas…

[dan_the_epic] 13/2/2024 07:17

Lmao Quintessential looked like muppets afterwards though right? The share price is way up on when they put out their tat

Halfpenny unhinged?

Imagine copying out a very old city am article LOL

[halfpenny] 13/2/2024 04:54

DARKTRACE - STRONG STAY AWAY!!!
Show us the Details!!!

More from City A.M.....

When activist hedge fund Quintessential launched a short attack against London-listed tech darling DARKTRACE in January, the charge sheet was SERIOUS.
Among a lengthy list of MISDEMEANOURS, DARKTRACE, Quintessential said, had seemingly “SIMULATED or anticipated SALES to PHANTOM end users”, repeatedly used marketing activities to “channel funds back into its partners” and may have used “SHELL COMPANIES in offshore jurisdictions manned by individuals with ties to organised CRIME, MONEY-LAUNDERING and FRAUD”.

It should however be noted DARKTRACE has REFUSED to publish the report in full, and Quintessential has called on the firm to “fully unveil the details of the EY review” and facilitate an “open dialogue on its findings.
“Given the SEVERITY of our allegations, we believe this situation warrants a significantly higher level of transparency, which DARKTRACE has yet to provide.”

TOO RISKY..Smoke and Mirrors!!
NO TRANSPARENCY!!

DARK DAYS AHEAD...!! Now 150-175p Target!!

[dan_the_epic] 12/2/2024 20:31

yeah thats why they have $702m of ARR

don't give up the day job millenial LOL. Let's see you make a business with even £10k of revenue

Imagine hating one of the UKs only technology businesses.



SAD

[millennialinvestor] 12/2/2024 13:23

All smoke and mirrors here, Darktrace's products are not cyber security. They are network monitoring tools. Windows defender does a better job.

Sell & avoid.

[foreverbull] 12/2/2024 11:26

Darktrace is tracked by 15 Analysts. Based on 15 analysts recommendation:Strong Buy - 8Buy - 3Hold - 3Sell - 1Strong sell - 012 month price target based on 14 analyst recommendation is GBP4.99If HP is right in its prediction of 250p then 14 analysts' recommendation will collectively fail. Let's see

[halfpenny] 12/2/2024 10:24

Analysts confirm Apple, Microsoft to
Deliver Cyber Security SW included in operating system, so DARK is over priced.

What are companies paying for??
Takeover failed??
Cash required?
Customers reducing?

Show the money and actual numbers??!!

250p more likely every day. Some say less!
Dark Days Ahead!!