Narf Industries Share Discussion Threads

[premium beeks] 21/1/2025 09:59

I've bought a chunk more here, for my risky portfolio.New regime in the US, any holdups on contracts and cash likely dissipate, with a juicy 5m + contract due and a novel product to come to market. Balanced by no real cash flow. It's certainly not for widows and orphans.Bassi could have walked away, however from what I know of this sector he knows he has a product to fill a gap. Will certainly be an Interesting and key few months.

[premium beeks] 30/12/2024 09:45

Reading through at the moment. Nothing overly new, however cash lingering at the lows and less revenue than expected. The only (and very significant) bright spot being the 5.5m usd government contact due in q1.It's a 20 bagger or nothing at this stage.

[martinmc123] 30/12/2024 09:38

2*
Narf Industries plc, the cybersecurity group specializing in high-end threat intelligence and critical infrastructure security, posted disappointing results for the six months ended 30 September 2024 this morning. The Company experienced a decline in revenues, reflecting temporary U.S. government budget delays, with revenue for the period down to $1.18 million (HY2023: $3.11 million) representing a shift in focus toward long-term growth initiatives. As a result proactive measures were implemented to optimize costs and ensure financial flexibility ...from WealthOracle

wealthoracle.co.uk/detailed-result-full/NARF/1108

[premium beeks] 07/11/2024 07:55

Just read the 5 page cannacord research note released today. I suggest people digest it if possible.Investment case doesn't change for me, painful as it currently is.

[saucepan] 07/11/2024 07:39

This was what made me bullish mid-year:

From the 6 June operational update:

"We will provide future updates over the next 120 days as we expect first contract awards and work with industry partners to form go-to-market alliances."

Note "awards" plural. There has been just the one announced (27 August). That and the sliding share price made me fearful that things were not progressing quite as well as expected. I divested my last tranche earlier this week. I think I might have got a bit lucky as this reads like a profit warning to me, too.

I'll continue to follow with interest - but an "ahead of expections" update would have been far more encouraging than "jam tomorrow".

[semperlucrum] 07/11/2024 07:36

Not good. Expecting a substantial drop on open

[onsideman] 07/11/2024 07:35

I guess it all depends on whether you accept that those are natural products of the change in direction and emphasis. If you do, the RNS reads well. If not then you're right

Ultimately, that's what makes a market

[dean44] 07/11/2024 07:27

Huge profits warning.

The revenue for this year is now $5m (down from $7.6m last year). The last broker numbers were forecasting $10m revenue this year, that has now halved.

The company only had cash of $0.6m in March 2024. Not looking good at all. The company has gone back 2 years on its forecasts.

[premium beeks] 07/11/2024 07:16

So the pivot to social cyber is developing speed, no fundraising needed and plenty of potential partners plus government agencies looking at the product. All good stuff. Let's see what Mr market says about it.

[clem h fandango] 22/10/2024 20:44

Oh this chestnut again Z1co eh?Can you point out where I am ramping?Anyway, seems Hadron dropped another 9m today. With the lethargic small cap environment pre-budget we aren't going anywhere fast.

[clem h fandango] 22/10/2024 14:17

Did you read the previous 2 posts?

[molatovkid] 22/10/2024 14:14

What announcement??

[clem h fandango] 22/10/2024 14:08

Here's another Mr machine - do you see the balance and the acknowledgement that this isn't a one way bet?If I was ramping this unconditionally I would say that such a product offering could be classified as "Tenable for the US government".I don't do such things and always suggest caution. However I can't help but be excited by today's announcement, it validates the technology and the expertise of the company.I doubt we will be down here for too long. Just need the uncertainty of any possible fundraiser sorting out.

[clem h fandango] 22/10/2024 13:21

Here you go machine. My post from August. Or are just here to troll?The have a SaaS service endorsed by the US DoD. That SaaS offering slots into modern software delivery pipelines. This will sell like hot cakes.Would be a good fit for the HashiCorp portfolio of products.

[clem h fandango] 22/10/2024 13:04

Thanks themachine.It looks like we are heading for corporate action. It was flagged prior due to the change of focus to a SAAS product through their developed specialisms. Anyone looking at the share seriously would understand this as even the advisor has flagged.But you knew that of course, yes?

[clem h fandango] 21/10/2024 09:46

Bought a small top-up from the remnants of some profits made elsewhere.Back to where it was at the start of last year. Waiting further news for now but happy to be positioned in this minnow for now and add when appropriate.

[clem h fandango] 08/10/2024 07:04

For those unaware, also owned (and linked) to Narf as the top brass here are also the top brass over there.

[clem h fandango] 08/10/2024 07:03

Nothing happening here however Polyswarm looks about to become a "thing" in crypto land. #nct

[clem h fandango] 27/8/2024 16:49

It would be a bolt on for many companies.It will be a marathon not a sprint though. "A grow-er not a show-er" so to speak! Such a minnow currently but such potential as well.

[socionomics] 27/8/2024 16:07

The have a SaaS service endorsed by the US DoD. That SaaS offering slots into modern software delivery pipelines. This will sell like hot cakes.

Would be a good fit for the HashiCorp portfolio of products.