Tern Share Discussion Threads

[duxy789] 03/8/2019 04:42

Wow that's rich coming from a 3rd grade failure like you. We all know your paid 10p per post to trash a company you sad man.

[duxy786] 03/8/2019 02:01

The CURRENT STATE of TERN=========================Disclaimer: this is not a shorter attack or investment advice. Do as you please and DYOR before investing.The rampers here have pushed the share price to 12.5p because device authority got in partnerships with some global companies. This ramping has been used time and time again to push the share price up. What they would rather not tell people is that these partnerships are used to develop Device Authority a connector to the vendors platform so it can hopefully be sold as a solution together. Head to the DA website to look at the vendor connectors all built using these partnerships. These partnerships therefore cost money not bring in money until and ofcoure when a joint solution is sold. The last contract was announced back in December 2018 and they have, since, not completed a contract. Here are some of the partnerships discussed in detail....On the Microsoft front....Microsoft adds iot device protection to azure security center...without Keyscalar.....Full article:https://www.bleepingcomputer.com/news/microsoft/microsoft-adds-iot-device-protection-to-azure-security-center/Additionally to understand Azure IoT security centre, check out this....https://www.engineering.com/IOT/ArticleID/19414/Getting-Started-with-a-Safe-and-Secure-Internet-of-Things.aspxOne of many Microsoft partnerships to create ready made secure devices which means end to end encryption built in .... aka security by design....there by never requiring products like Keyscalar to secure the iot devices.On the Intel front:It is all there in black n white"For customers without a device management platform, or for IoT platform providers that want full device lifecycle management capabilities, Intel can offer Intel SDO that comes pre-integrated with Wind River Helix* Device Cloud. The combination of the two solutions enables a complete hardware-secured device lifecycle-from onboarding a clean device baseline to delivering a secure software update."Intel lists a Solutions brief with DA, but when you click on this link, it takes you to the detailed brief of the IoT Provisioning with Intel® Secure Device Onboard (Intel® SDO) download page.https://www.intel.co.uk/content/dam/www/public/us/en/documents/product-briefs/intel-secure-device-onboard-product-brief.pdfI have already proven that Intel now use the ARM Pelion Platform for scale and Intel have themselves announced this. Keyscalar, is an Add on but unnecessary now that Pelion can do it all and it's a one stop shop for IOT management. Google it, you will find it.On the nCipher front:They nearly got in with nCipher, but as I have proved, nCipher will now use their new Parent company EnTRUST Datacard's IOT platform, going forward, which can do everything Keyscalar can and more.On the Sectigo IoT Manager front:I have proved that the Sectigo IoT Manager does not use or need Keyscalar - This was proven correct by no other than the CTO of Sectigo IOT see here:The future of PKI in Modern EnterprisesA Talks with Tim Callan, Senior Fellow and Jason Soroko, CTO of IOT at Sectigo.https://www.brighttalk.com/webcast/17629/357259/the-future-of-pki-in-the-modern-enterpriseChief Technical Officer speaks for Sectigo and says it CLEARLY at 35:30.On the Gemalto front:I have proved that Gemalto's Keysecure has nothing to do with Keyscaler and does not mention its use or integration in posts: 152049, 152053, 152056 and 152092 i.e.https://safenet.gemalto.com/resources/data-protection/keysecure-key-management-product-brief/Gemalto Third-party Integration Support:Identity Management: Centrify Privilege Service, Lieberman SoftwareOn the GlobalSign front:I have also proved GlobalSign does not use KeyscalarLongview partners with GlobalSign and Intrinsic ID to deliver comprehensive IoT securityHttps://www.theinternetofallthings.com/longview-partners-with-globalsign-and-intrinsic-id-to-deliver-comprehensive-iot-security/and the latest:GlobalSign safeguards the certified equipment and equipment webservers of LXI members, from the manufacturing floor through end-customer deployment. This is accomplished through a device identity provisioning and management system, built on the GlobalSign IoT Identity Platform in partnership with security framework provider beame.io’s authentication services.https://www.helpnetsecurity.com/2019/06/19/globalsign-lxi/So, on the Device Authority Keyscaler front:Why partner with anyone else if Keyscalar and Device Authority partnership allowed them to do everything and more according to the scum of this thread.Still zero funding from investors with very deep pockets of Silicon Valley. Sad really. Begging bowl out soon.To summerise, the rampers here would have everyone believe the world needs Keyscalar and at one point use to scream "Keyscaler Inside" but reality is that the world is doing IoT perfectly well without Keyscalar and companies like Mocana, with 100 Million devices already on-boarded proves without a shadow of a doubt, that Keyscalar is redundant.So what of Device Authority now. Well with no external funding and only DA propping it up, expect more Placings and More loans....and best they can hope for is a clean exit at a few thousand pounds if they are lucky.

[daicaprice] 02/8/2019 22:28

This is pathetic, let them post and grow up supposed long term holders. It’s becoming embarrassing.

DC

[andrbea] 02/8/2019 21:01

Also tweeted by him

[andrbea] 02/8/2019 20:16

An article while I was away
reposted on Darron's twitter page

[doolittle] 02/8/2019 19:03

Think VXWORKS /Windriver need a bit of help?

"Urgent11" security flaws impact routers, printers, SCADA, and many IoT devices

Security updates are out, but patching will most likely take months, if not years.

[philjeans] 02/8/2019 16:40

That's better guys; swamp the paid trolls with all positive posts; award enough coins to keep US at the top of the thread and remove their top dross!

I don't know about you, but it makes me feel much better.

Fight fire with FIRE!

[andrbea] 02/8/2019 16:39

this one?

25.10.2018

125255
here's that valuation note, or bits of it (the toned down version from June 2018)
and in no particular order...
FWIW

Take that client base at Comodo (= Sectigo)
Assume, each business buys 3 new EV certificates per year
Imagine that DA negotiates a revenue cut of 3% for making that PKI platform secure (3% of annual revenue)
So DA gets:
199 ($ per year/certificate) x 700000 x 3 x 0.03 = $12.5m in annual revenue
so mkt cap of DA on a profit/sales ratio of 4 (from 1 client Comodo in a full year) = $50m
42% for tern's (small) shareholders = a tern mkt cap of $21m (£15.24m).

+++
Using that IoT revenue figure at Intel of $840m/quarter
Say 2% of that per quarter for DA (for chip authentication, SDO onboarding (incl. retroactive), perhaps later in the cloud too, or their IoT healthcare platform)
2% x 840 x 4/year = $67.2m/year. Profit/sales ratio of 4 = $268.8m mkt cap for DA (based on 1 client Intel). say 47% of which (instead of 57%) for tern = mkt cap of $126.34m. (or £92.45m)

+++
Gemalto (IAM & IoT market)
Gemalto is the global leader in digital security, with 2017 annual revenues of eur 3 billion and customers in over 180 countries. We bring trust to an increasingly connected world.

[May 18 2018: results on the first quarter of 2018 Gemalto recorded revenue of eur 650 million.]
Device Authority™'s KeyScaler technology is using Gemaltoâ€;™s SafeNet Luna HSM to enable customers to achieve their IoT strategy and ultimately increase the pace of IoT adoption, said Todd Moore, SVP, Encryption Products, Gemalto. As the IoT enterprise industry continues to grow and migrate to cloud first technologies, Gemalto is also bringing to the partnership the new SafeNet Data Protection On Demand solution /// (via this integration, enable their HSM customers wishing to use KeyScaler to be IoT and blockchain ready)

//
Say 1.5% of that revenue for DA.
1.5% x 3bn eur (= $3.59bn) / year = $0.0538bn/year. Profit/sales ratio of 4 = $0.2152bn mkt cap for DA (based on 1 client Gemalto). say 47% of which (instead of 57%) is for tern = mkt cap of $0.1011bn (or £74.69m)


mkt cap at tern (after p/e calculation on expected full-year revenue)
just add 5 of the sectors together..
Intel: £92.4m
Comodo: £15.24m
Gemalto: £74.69m
Cloud sector:
(Azure + AWS) = £180m
IBM Cloud = £215.6m
Thales (Healthcare): 0.47bn = £470m
Total: £1047.93m

so approx £5.82/share at tern

(so excluding PTC, Kalypso, HPE, LTI, Thales-defence cloud, Cumulocity, TeamViewer, AMD (Ryzen), Azure IoT Edge, Foghorn, Wipro, HID, KaaS, Enterprise Blockchain, the Intel/Arm tech ecosystem (Oct 2018) via the Pelion platform, FVR, Wyld, InvMA, ......)

So still¦.. #several pounds not pence

[still waiting] 02/8/2019 16:21

andrbea, do you have the post number for your potential values based on market share ?

[kkrr11ss2] 02/8/2019 16:10

And sits on the boards of several Amadeus portfolio companies. 

[andrbea] 02/8/2019 16:06

We're closer (after the Capital Days presentation by D. Antill) to Microsoft Azure (many believe) and closer to Intel (webinar 14.8), than ever before. And, via Intel SDO, DA -, one suspects - helps manage the whole ARM Pelion tech ecosystem of big-name customers.

So add those 3 up, throw in Wipro, Tech Marindra, HID, NCipher and Fvr, inVMA and Wyld for good measure, in a booming GDPR-fine-fuelled, FIDO-regulated, 'compliance is key' IoT market, and one can sense that the train has to leave the station.

[still waiting] 02/8/2019 16:06

at least some normal plus 1 posts in the header as well now.

[tialouise] 02/8/2019 16:03

Hope over stupidity isn't that amc and yourself

[duxy786] 02/8/2019 15:54

Hope is all many have got left here....Hope over stupidity.

[tburns] 02/8/2019 15:53

Here's hoping SW, have a good w/e

[duxy786] 02/8/2019 15:52

Lol, clearly can't read the daily traders....fake. LolOh thing fake is the fake revenue streams Mike tells all about.....which has never been mentioned by the BoD or in any results.

[tech_ip] 02/8/2019 15:37

Don't worry about sellers. They fake.

[sweepie2] 02/8/2019 15:32

Bloody sellers are never that far away BUT one day there will be THE announcement to send us to Mars, best advice do nothing or add when you have spare pennies

[still waiting] 02/8/2019 15:24

slingshot to mars next week ?