We could not find any results for:
Make sure your spelling is correct or try broadening your search.
Register for Free to get streaming real-time quotes, interactive charts, live options flow, and more.
| Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
|---|---|---|---|---|---|
| Narf Industries Plc | LSE:NARF | London | Ordinary Share | GB00BMH18M70 | ORD GBP0.0001 |
| Price Change | % Change | Share Price | Shares Traded | Last Trade
|
|
|---|---|---|---|---|---|
| -0.05 | -4.35% | 1.10 | 426,823 | 15:43:22 |
| Bid Price | Offer Price | High Price | Low Price | Open Price | |
|---|---|---|---|---|---|
| 1.05 | 1.15 | 1.15 | 1.10 | 1.15 | |
| Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
|---|---|---|---|---|---|
| Computer Related Svcs, Nec | 2.55M | -18.43M | -0.0109 | -1.01 | 19.46M |
| Last Trade Time | Trade Type | Trade Size | Trade Price | Currency |
|---|---|---|---|---|
| 15:43:22 | O | 5,000,000 | 1.05 | GBX |
| Date | Time | Source | Headline |
|---|---|---|---|
| 12/6/2024 | 08:47 | UK RNS | Narf Industries PLC Holding(s) in Company |
| 06/6/2024 | 07:00 | UK RNS | Narf Industries PLC Operational Update |
| 01/5/2024 | 16:37 | ALNC |  TRADING UPDATES: Norcros sets out strategic aims; Synthomer seals sale |
| 01/5/2024 | 07:00 | UK RNS | Narf Industries PLC Breakthrough Threat Intel Capability Accelerated |
| 08/4/2024 | 15:22 | ALNC | CORRECT: NARF Industries wins USD500,000 US energy department contract |
| 08/4/2024 | 12:47 | ALNC | NARF Industries wins USD500,000 contract with US energy department |
| 08/4/2024 | 07:00 | UK RNS | Narf Industries PLC c.$500k contract win for US DOE Program |
| 25/3/2024 | 07:00 | UK RNS | Narf Industries PLC New Corporate Website |
| 19/3/2024 | 07:01 | UK RNS | Narf Industries PLC Holding(s) in Company |
| 19/3/2024 | 07:00 | UK RNS | Narf Industries PLC Holding(s) in Company |
Narf Industries (NARF) Share Charts1 Year Narf Industries Chart |
|
1 Month Narf Industries Chart |
Intraday Narf Industries Chart |
| Date | Time | Title | Posts |
|---|---|---|---|
| 26/7/2024 | 19:26 | Narf cyber security | 229 |
| Trade Time | Trade Price | Trade Size | Trade Value | Trade Type |
|---|---|---|---|---|
| 2024-07-26 16:15:00 | 1.05 | 5,000,000 | 52,500.00 | O |
| 2024-07-26 16:15:00 | 1.05 | 5,000,000 | 52,500.00 | O |
| 2024-07-26 14:43:22 | 1.15 | 185 | 2.13 | O |
| 2024-07-26 14:43:22 | 1.15 | 481 | 5.53 | O |
| 2024-07-26 14:43:22 | 1.05 | 185 | 1.94 | O |
| Top Posts |
|---|
Posted at 26/7/2024 09:20 by Narf Industries Daily Update Narf Industries Plc is listed in the Computer Related Svcs, Nec sector of the London Stock Exchange with ticker NARF. The last closing price for Narf Industries was 1.15p.Narf Industries currently has 1,692,481,100 shares in issue. The market capitalisation of Narf Industries is £18,617,292. Narf Industries has a price to earnings ratio (PE ratio) of -1.01. This morning NARF shares opened at 1.15p |
Posted at 28/6/2024 16:11 by chester9 Results update. I had missed it in the January 25th RNS. Year end moved to a 15 month period to end of March. They moved it to get better auditor focus. .Narf plan to update us with FY towards end of July. |
Posted at 25/6/2024 09:10 by fred buckle I see that NARF are presenting at a City conference today...it's too small for most funds but some investment managers may fancy it as a personal investment. Watch this space! |
Posted at 18/6/2024 16:43 by saucepan Added a few at the lows.This from the 6 June operational update: "As presented, we are making exceptional progress with targeting new opportunities and reallocating resources to keep pace with this significant near-term demand. 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." I don't think it will be long before there is news to get the share price motoring again. |
Posted at 06/6/2024 09:11 by premium beeks Hydrus, I didn't mean to come off as dismissive of your post, I know how smallcaps like this can become polarised in one direction! I'm genuinely interested in your points of view as otherwise things can become a little "tunnel vision".I can't see a way that NARF generate the income to accellerate progress to a commercial product, I agree and have highlighted this previously. However that's much the same of any minnow and inward investment is almost always needed and here it's a known entity. The scale and direction of the sector leads me to beleive that either NARF gets snapped up or a partner comes in with a chequebook. The investor roadshow earlier in the year was obviously delivered to garner knowledge and show the investment support case to IIs. I would hazard a guess that progress is already far down the route on this. We'll know more soon of course. Best wishes |
Posted at 06/6/2024 09:03 by molatovkid On the subject of scaling up...from 1st May 2024.'With development funded by $2.3 million in R&D contract awards from the Defense Advanced Research and Projects Agency ("DARPA") since April 2021, Narf is now accelerating this work for rapid deployment into government and commercial systems.'So there you go...the World is their oyster. If it's good enough for the US Government then I can't think of any better recommendation. |
Posted at 06/6/2024 08:55 by hydrus February broker note:'Overall commercialisation of Narf's multiple IP families is at an early stage and will likely require meaningful future investment in additional developer and sales capabilities. 'Not saying it will be an issue to raise capital but the bullish presentation does feel like a prelude to some fund raising which is clearly needed to pursue SAAS development. I would be surprised if institutions paid up at this price spike. |
Posted at 05/6/2024 11:15 by premium beeks There's not really a great correlation between NARF and crowdstrike, there's little crossover.Industry trajectory is that it is maturing and the major players are now known. The next phase of maturity is keeping or gaining market share, this will only come through innovation. That's why NARF are sitting in such a sweet spot at the mo. |
Posted at 02/6/2024 23:43 by premium beeks 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.c 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! |
Posted at 01/6/2024 15:29 by saucepan Hi folksI 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 |
Posted at 04/3/2024 10:17 by fred buckle A market professional sent me this research note.Headline from Canaccord Genuity research dated 19 Feb 2024: Price 0.7p. Market cap: £11.9m. Price target: 2.2p. Canaccord Genuity view Hidden cybersecurity growth gem with >200% upside potential High-end cybersecurity services business with a $1bn TAM: Narf provides US government agencies such as the Department of Defense, DARPA and others with highly advanced cybersecurity threat intelligence, offensive and defensive 'mission' services as well as bespoke software solutions. Narf's track record as a trusted supplier creates sticky customer relationships and repeat revenue streams. The US government's growing focus on securing its IT and critical national infrastructure has led to material growth in cybersecurity budgets and we estimate Narf's current main agency counterparts spend up to $1bn p.a. here. Rapidly scaling and turning profitable: In 2023 Narf more than doubled sales organically to $6m generating breakeven EBITDA and positive free cash flow. The secular demand drivers and sizeable TAM opportunity in our view support continued double-digit growth with our forecasts expecting a 28% sales CAGR accompanied by rapidly improving margins and cash generation from this year onwards. A potential multiplier; initiating with Buy: As the company executes on expected growth and becomes sustainably profitable, the shares' current 1.3x 2025E EV/Sales and 8.6x P/E multiples look too low to us. With median cybersecurity peer EV/Sales of >2x and P/Es ranging from 15-26x (UK only), we see scope for a material re-rating over the next 12+ months. Should Narf achieve its $20m sales goal by 2027, then our bull case analysis indicates three-year upside potential to up to 3.7p/share. Multiple growth themes Narf's broad range of highly advanced and sometimes classified 'offensive' and 'defensive' cybersecurity services and missions for the US government focus primarily on threat intelligence, the protection of critical national infrastructure from bad actors and 'hardening' the US government's open source software estate to make it less vulnerable to cybersecurity threats. In addition, Narf retains software IP rights for most of its work which it can then commercialise with other government agencies and enterprises. This effort is still in its early stages, but we believe it could enable the company to build a fast-growing, recurring revenue stream that would materially improve visibility. Three-year bull case upside potential to up to 3.7p/share The rise in cyberattacks on US government IT and physical infrastructure creates high demand for Narf's cybersecurity services and has led to material budget increases at its three main agency counterparts (DARPA, DoD and DoE) with combined spending on cybersecurity now ~$1bn p.a. With every 1% of this market worth $10m in potential sales, the company has recently issued a $20m revenue ambition by 2027. Should Narf successfully achieve this target and the shares re-rate to a 3x or 4x P/Sales multiple then we estimate potential upside to 1.9-3.7p/share or 1.7x to >4x from current levels. Target set at 2.2p; >200% upside potential We set our target price at 2.2p/share based on a blend of two valuation approaches: 1) a 4x 2024E EV/Sales multiple and ~24x P/E based on growth-adjusted UK and global listed cybersecurity peers; with a 2/3 weighting; and 2) a 1/3 probability of the company achieving its 2027 target of $20m in sales valued at a 3x P/Sales multiple. |
It looks like you are not logged in. Click the button below to log in and keep track of your recent history.
Support: +44 (0) 203 8794 460 | support@advfn.com
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions
Hot Features
Premium
