Tern Share Discussion Threads

[johnma] 19/7/2018 13:53

Up and coming event in Barcelona IoT Solutions World Congress returns to Barcelona on October 16-18th - The leading #IoT industry event! We'll be there with our awesome partners Comodo CA and Gemalto - showcasing end-to-end #IoT #security https://hubs.ly/H0d2GCl0 by @IOTSWChttps://www.linkedin.com/feed/update/urn:li:activity:6425515377861632000

[bobdown2] 19/7/2018 13:53

Anyone have any idea what happens to the companies under flexiops. Will they get sold on..and what function is flexiops going to take. It has gone very quiet..

[siddle] 19/7/2018 13:51

BargainBuyer. You around mate?

[andrbea] 19/7/2018 13:48

Intel SGX, Enigma & blockchain - a project by year-end

In accordance with its blockchain burnishment, Echevarria contends Intel's chip tech can improve privacy and throughput for blockchain applications, most of which presently seem to involve the words "distributed "and "ledger" in that order or sometimes "smart" paired with "contracts."

The chip fabber's tech has been embraced by Enigma, an Israel-based firm, which just announced an SGX-strengthened "public blockchain that supports privacy-preserving 'secret' contracts," which won't actually be available until later this year.

Echevarria also points to Intel's recently announced decision to join SAP's blockchain consortium and an effort disclosed a month ago by Accenture, The Floor and the Tel Aviv Stock Exchange to build a blockchain security lending platform atop Intel tech as signs that the almost 50 year-old chip biz is hip to current trends.

"Security is pivotal to our company’s strategy and a fundamental underpinning for all workloads, especially those that are as data-centric as AI and blockchain," said Echevarria.

[bobdown2] 19/7/2018 13:45

Must have felt peckish...lots of seagull young to feed at the moment..

[emeraldzebra] 19/7/2018 13:43

Smoke. Spot on. Above all he is dull dull dull dull. Lacking any imagination but just reposting everyone else’s wit. Which come to to think of it is fine by me !!

[warrenfingerfood] 19/7/2018 13:41

On a more serious note, bloody seagull just stole my ice cream!

[chapv] 19/7/2018 13:39

so riot absence from the thread the other day must have been for a pow wow with his bosses.
They seem to have come up with the old fundraising ruse this week. Not particularly original. I hope he wore his tag when he left home!!

[riot2] 19/7/2018 13:34

Anyone new to this board.

The NAV is 5p, the cash balance is about £250k
If you buy at 35p you are seriously getting mugged.

READ THE RNS'S - PARTICULARLY FINAL RESULTS AND PORTFOLIO UPDATE
NAV 11M MKT CAP NEARLY 80M !!!

This is a Ponzi scheme.

Watch out for Johnma, Kriss, Still Waiting etc.
They all bought at 2p and are ramping it hard to sell.

Be warned,

#ponzinotpounds

[milesy] 19/7/2018 13:32

I believe Amazon's P/E ratio has been in three figures for years now:

[andrbea] 19/7/2018 13:32

The marriage of Gemalto with Intel SGX
ends, at the bottom, with an interview

andrbea
22 Jun '18 - 12:42 - 103679 of 103679 Edit
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Gemalto Data Protection on Demand
Gemalto's "SafeNet Data Protection on Demand" (DPoD) is a cloud-based security platform that provides identity authentication and data protection. The partnership with Intel means that these services are built into the SGX design tools - an engineer simply selects the option to enable the feature and creates a link to the appropriate DPoD service. I asked Gemalto to elaborate on that:

"This service provides hardware security modules (HSMs), key management, and other encryption services on demand. Gemalto hosts this service from data centers in North America (and soon in Europe).

SafeNet Data Protection on Demand’s API is integrated into Intel SGX. Developers have very little to do since data security is already included at the processor level. The data processed or created by the product is encrypted and can be stored and/or transferred between any cloud environment or app. This allows developers to have security built in at the very beginning of their development process. It offers them hardware security capabilities with the flexibility of software security.

To help developers, SafeNet DPoD is a web platform, enabling them to select, click and deploy the data security services they need in a matter of minutes. And because the API is connected to the Intel SGX processor, the services are automatically provisioned, without any complicated configuring or integration on the part of the developer."




April 2018
Gemalto's SafeNet Data Protection On-Demand is a cloud-based, security-as-a-service platform that supports a diverse range of encryption, key management and hardware security module services. It offers developers a single gateway through which software solutions can be implemented direct to Intel® SGX, the highly protected enclaves embedded in the architecture of the company's processors for cloud servers.


April 2018
Additionally, Device Authority’s integration with Gemalto’s SafeNet Data Protection On Demand solution will give customers options when migrating operations to the cloud and/or through a managed services model.


andrbea
22 Jun '18 - 13:09 - 103705 of 103705 Edit
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Ah, an interview

Gemalto + Intel SGX technology


Gemalto talks about SafeNet Data Protection On-Demand with #IntelSGX


12.7.18
So….
Intel have 99% of a server processor market where its Data Center Group earned $5.2 billion last quarter. and they are reliant on the 'KS-inside' SafeNet Data Protection On Demand solution from Gemalto...

Must be worth a halfpenny on the share price? LOL.

[riot2] 19/7/2018 13:30

Anyone new to this board.

The NAV is 5p, the cash balance is about £250k
If you buy at 35p you are seriously getting mugged.

READ THE RNS'S - PARTICULARLY FINAL RESULTS AND PORTFOLIO UPDATE
NAV 11M MKT CAP NEARLY 80M !!!

This is a Ponzi scheme.

Watch out for Johnma, Kriss, Still Waiting etc.
They all bought at 2p and are ramping it hard to sell.

Be warned,

#ponzinotpounds

[warrenfingerfood] 19/7/2018 13:26

Something good must be happening, Loughton is sending me private messages. Straight in the bin so no idea what the detail was.
Blue day?

[saroyah] 19/7/2018 13:26

For the benefit of anyone new to this board:-

Ignore/filter riot2.
1155 posts since 16 June 2018, which have been either inaccurate, misleading, untruthful, malicious, or libellous, all said with the wonderful benefit of anonymity.

This board is second to none regarding the depth of research and comment by many generous subscribers, which have been much appreciated.

[petrol diesel] 19/7/2018 13:23

Bid continues to rise....

DECACORN

[bobdown2] 19/7/2018 13:22

Ps...i do have the idiot filtered...

[bobdown2] 19/7/2018 13:21

31k buy...its moving up on the bid...looking to go again hopefully...the dip certainly got taken advsntage off.

[riot2] 19/7/2018 13:14

Tern Plc (the "Company", or the "Group")

Final results for the year ended 31 December 2017

Tern Plc (AIM: TERN), the investment company specialising in the Internet of Things ("IoT"), is pleased to announce its final results for the year ended 31 December 2017.

Operational highlights
•Device Authority Limited secured new commercial contracts and boosted its partnerships
•New investments were made in IOT businesses: InVMA Limited and Wyld Technologies Limited
•Management team technology credentials strengthened with new Chairman
•Year on year finances stable but NAV impacted by exchange rate movement:

* Total assets 2017: £11,069,300 (2016: £11,464,696)

* Net assets 2017: £10,580,802 (2016: £11,187,739)

* Profit/(loss) 2017: £1,689,555 loss (2016: £5,296,633 profit)

* 2017 was impacted by an exchange loss (non-cash) caused by the revaluation of the Device Authority investment as the pound sterling strengthened against the dollar. 2016 profit was driven by the fair value revaluation gain on Device Authority due to the acquisition of Device Authority Inc

[riot2] 19/7/2018 13:12

Tern Plc (AIM:TERN), the investment company specialising in the Internet of Things ("IoT"), announces that it has paid US$303,954 to its portfolio company, Device Authority ("DA"), representing a convertible secured loan (the "DA Loan"). Following this payment, Tern's total convertible loan note position with DA is US$1,175,867.



The total funds secured by DA through this facility are US$425,000 from DA's existing shareholders, including Tern.



In providing this support, DA's shareholders, including Tern, are pleased by the continued progress DA is making in the form of partnerships and the implementation of its KeyScaler platform.



This third tranche of the convertible loan note accrues an interest coupon of 5% and is convertible automatically on an equity fundraising in DA of at least USD$2.5 million to be completed before 28 September 2018 ("Qualifying Fundraising"). The conversion will be into the most senior class of shares issued on the Qualified Fundraising at the lowest fundraising price per share.



If the Qualifying Fundraising is not completed before 28 September 2018, but DA is able to procure an exit, the providers of the loan can elect to either receive 300% of the principal amount of the loan notes held by them in addition to the accrued interest, or to convert the loan and accrued interest into Class A Preference Shares of DA at a conversion price of £0.036681585 per share.



Providers of the DA loan shall also be issued 2.6 warrants ("Warrants") for each $1 of loan notes subscribed for by them (rounded down to the nearest whole number). The Warrants shall have a term of seven years and be exercisable from now and give each Warrant holder the right to subscribe for one Class A Preference Share of DA for each Warrant held by them at an exercise price of £0.036681585 per share.



As part of this process, it has been agreed by all noteholders that all previous convertible loan notes provided to DA have their maturity date extended to 28 September 2018.