Narf Industries Share Discussion Threads

[saucepan] 03/6/2024 08:42

I have joined you and will add further if things go well. Good to see some additional buying interest today, too; not just mine.

[saucepan] 03/6/2024 07:29

PB: Thanks very much! That is really helpful, particularly the reassuring explanation as to how NARF came about.

[premium beeks] 02/6/2024 23:43

Hi Saucepan,

Apologies for the tardiness of a response here. The research note you speak of is paywalled unfortunately, however you may get some joy from IR as a freebie.

CYBA was created specifically to pick up Cyber Assets, NARF was a target they went after. I don't think it was a circumstance that NARF couldn't grow in the US, rather that maybe CYBA were in the right space at the right time, waving pound notes at a startup!

hxxps://www.ajbell.co.uk/articles/stockmarketwire/235057/cyba-receives-us-regulatory-nod-acquire-narf-industries



As for revenue. It's an IP and technical consultancy company in the Cyber space. I expect at 20m revenues the profit side of things will be high as net costs are specialist staff and effort rather than raw materials of any type. My thoughts are that this will get taken out at a certain point in it's development of very sophisticated and next gen products in the Cyber Arena, at many multiples of the current price.

As a side, the issues that the company work on are not going away - in fact are only getting worse. Evne this weekend you see the breaches of Ticketmaster and Santander (and up to 400 other companies affected) - this due to Supply chain credential theft. This type of cyber attack along with 3rd party risks are the biggest challenges facing industry at the moment and need some very sophisticated and advanced thinking to resolve a very difficult problem. NARF are in the mix with the leading governement agenceies to fix some of these issues - it's small change for a Tenable or a Palo Alto to take them out at massive premium to the current price.

Credential wise I have led various teams of Vulnerability specialists at global corporates, although i'm not in the same league as these guys!

Have a profitable and safe weeks trading all!

[saucepan] 01/6/2024 15:29

Hi folks

I am currently researching NARF and like very much what I have learned so far.It is clear that some of you here clearly know your proverbial onions.

I have just watched the Investor Meet, 7 March presentation: very impressive!

I am trying to get hold of the Cannacord initiation note. The link to it, through the Narf website, does not work. I have written to IR to see if they can send it to me directly.

A couple of key questions I currently have are as follows.

The first relates to the 36-month plan to get to US$20m revenues. That is a top line growth figure. I am wondering how this might equate to bottom line growth: profit and eps. Has anyone seen any projections or what do you yourselves think might be realistic?

Secondly: in talking about approaches to Cyber Security Steve Bassi refers to the importance of spotting anomolies. Taking the concept of an anomoly, and to put it crudely: what is (to all other intents and purpsoes) a US company working for highly sensitive US government departments doing listing on UK AIM? Why cannot it not get all the financial support and exposure it needs in its own backyard? Is something not entirely right about the Company that prevented this? Does anyone have a good answer?

TIA
Saucepan

[premium beeks] 29/5/2024 17:28

No doubt, the future is glorious for NARF. Bumps in road aside of course, as with all growing startups.

[chester9] 29/5/2024 17:26

Good news coming? 3 weeks to results with outlook to be shared then.

[premium beeks] 29/5/2024 17:22

Would think it was a crossover trade. Price is odd though.

[johnyee 7] 29/5/2024 16:41

6.5 million buy and no movement.

[premium beeks] 23/5/2024 21:26

Larger than nms by quite a margin. I expect the same seller as have had all year at this price which has kept a lid on the rise. Expect a holdings announcement in the coming days.

[johnyee 7] 23/5/2024 20:34

What's the 2x 3 million trades after hours?

[premium beeks] 15/5/2024 11:53

I bought a few more to finish off my ISA this morning.

[premium beeks] 15/5/2024 11:52

Yeah, it's certainly sat under most radars currently. It will get people's attention soon though. They just need to continue doing what they are doing.Meanwhile like you say, sit back and accumulate.

[onsideman] 10/5/2024 16:57

Yeah, I know. Just kidding around

Strange company this. So far under the radar I feel I may one day regret not accumulating more

[premium beeks] 10/5/2024 16:46

It just AT'd at the bid price, it's still up on the day.

[onsideman] 10/5/2024 16:46

Spoke too soon ;)

[premium beeks] 10/5/2024 15:53

Nice to see this moving up on small buys.

[premium beeks] 09/5/2024 15:18

Hadron have been selling down, so don't be surprised if they are a barrier at 1.2 to 1.3p.

[molatovkid] 09/5/2024 11:15

Very interresting this one. Winning US Government contracts and flying under investors noses.

[premium beeks] 09/5/2024 09:28

Bought more this morning.

[premium beeks] 01/5/2024 07:28

Yes, could be the next Wiz, Tenable or Qualys if they get a fair wind.

Supply chain and open source vulnerabilities continue to be a threat for all organisations (has been for years but take s high visibility issue to focus peoples minds).

I continue to hold.

[johnyee 7] 01/5/2024 07:21

Sounds like they're gong to be releasing a new product available to everyone.

[premium beeks] 26/4/2024 15:56

That DARK money will want to go somewhere of course.

[johnyee 7] 26/4/2024 15:28

darktrace got acquired, wonder what NARFS real takeover value is?

[premium beeks] 26/4/2024 15:19

Presumably the seller from prior getting rid of some more between 1p and 1.3p.