AR9 - archTIS Limited

[Dona Ferentes]

Is your parcel still for sale at 30c.

gg

No. went for 34.5c this morning

(Hold - free carry)

 

[bux2000]

No. went for 34.5c this morning

(Hold - free carry)

Hi Dona,
Could I ask a few questions please.

1. (Hold - free carry) I presume this is the profit from the trade.

2. I presume the figure you sold for (34.5c) was what your target was when entering the trade, or did you see another opportunity?

3. (An aside from AR9) A few weeks ago I read you had bought Silver and I have watched the price since. Did you buy, stub your toe on the black doorstop in the hallway type silver or silver in some other form?

Thanks for your time

bux

 

[Dona Ferentes]

Bux, AR9 has been a good outcome for me. Essentially, it wasn't a 'trade' in that sense. I don't read charts or suchlike. I look at charts but they don't reveal any surefire secrets of wealth, not to me..

I became aware of AR9 pre IPO (20c; mid 2018). It was described to me as likely to flame or flame out. A ten thousand bagger was a possibility, if things aligned. Now, I'd never believe that, but it did have one of only two Top Secret clearances in BOTH our Defence Dept and USA's equivalent. It isn't patch and fix cyber outfit; rather they built information management and collaboration software where files can be shared on a protected platform. The 'addressable market' is large; imagine the possibility if it became the standard, the only game.

Didn't buy at float, but watched. Picked up 50K at 12c mid last year, and followed it. Slowly the company gained a profile, and started winning work. Then Covid came along. Saw no reason to sell, as news was flowing. But balance sheet needed bolstering and they found an investor. A [seed] investor was selling down, and the issue price was 5.5c with SPP to existing shareholders. I put in $15K (ruing not the $30K tops but I thought it would be scaled back) and got all of the allocation.

Then the Cyber wars became front page, and AR9 has been discovered. Two months later its 37c as we go to press.

So; 1. Free carry. Yes. Put in $6K + $15K, sold for $25k and get to keep 250,000 AR9 shares. They can go to 20c or $20.20; either way, not fussed.

2. Price target. No idea. Am amazed it has gone so far. No longer have Iress Live so I am trading blind. There hasn't been much news to drive it further. Contracts will come. The Outlook Statements are very positive. But I thought it time to take some off the table (in the SMSF so tax isn't a worry )

(and 3. No I didn't buy Silver, but had been watching it. I missed MKR in the IPO as it closed in 2 days <@20c>. Then missed its meteoric rise!! I did buy gold, but that was late last year, when markets were frothy.... PMGOLD @ 22.30)

 

[Dona Ferentes]

https://www.eurekareport.com.au/inv...ing-as-australia-builds-cyber-defences/148356

 

[bux2000]

Hi Dona,
Thank you very much for taking the time to give me such a full answer to my questions
It is always interesting to understand the reasoning behind the decisions......all very easy looking in the rear view mirror.
During play sessions I have had free trials of Iress in past years and found it very helpful. At the moment the charts I use are 20 minutes delayed but brokers depth live can be a bit frustrating........ As someone once told me .....someone for whom I have great respect..... "I always pay too much and sell too cheap but seem to do OK with that bit in between."
Commsec is the only broker who take on NZ refugees so will have to get on and send off an application form.

Can I ask if anyone uses Iress ?

I only became aware of AR9 after reading Garpal's July pick. Although late to the SpaceX launch I would like to thank him for the 56% gain I have enjoyed, when I finally put my little finger in the second cup handle.

Thanks again for all your time

bux

 

[Dona Ferentes]

AR9 is going nuts,

 

[finicky]

Might be pushing it but can't help feeling there's a bit more in it short term - looking to sell 20,000 for +50c

10 Day 5 minute chart

 

[frugal.rock]

I guess, after days like today, people still keep getting on board. (Not despicable me though.)
Just think, if it was in the monthly comp again, it would be at the top again, on 98% up for the month.

Might be pushing it but can't help feeling there's a bit more in it short term - looking to sell 20,000 for +50c

60cent before the end of the week predicts the tadpoles

 

[Dona Ferentes]

TEN BAGS FULL

bought @ 5.5c in late June

(hope you got your sale away, @finicky )

 

[finicky]

TEN BAGS FULL

To dream the impossible dream.
I did get my 20,000 away, put in a timid offer @54c last night and Nabtrade got me 54.5
It's just my stake back plus something for the MBK subscription. The daily chart's gone too vertical for someone who only drives to the shops.

P.S @frugal.rock thanks for the consult

 

[Dona Ferentes]

60 cent before the end of the week predicts the tadpoles.

Indeed, 60c before morning tea, today

Might be pushing it but can't help feeling there's a bit more in it short term - looking to sell 20,000 for +50c

10 Day 5 minute chart

your post, Mr F, helped focus my mind, many thanks. I put aside domestic duties, thought deeply, watched the action .... and sold 50k this morning at 56c in the initial retrace.

Was all getting rather silly. We may well have had Peak Cyber today.

 

[Garpal Gumnut]

Indeed, 60c before morning tea, today
your post, Mr F, helped focus my mind, many thanks. I put aside domestic duties, thought deeply, watched the action .... and sold 50k this morning at 56c in the initial retrace.

Was all getting rather silly. We may well have had Peak Cyber today.

Peak Cyber, I like it.

Time not to hoover.

Then I only throw darts.

Timing + Sector + Dart = Outperformance as per AR9

https://corporatefinanceinstitute.c...ing-investing/what-is-the-random-walk-theory/

gg

 

[Dona Ferentes]

archTIS, together with KPMG, has won a professional services contract with a Commonwealth Agency to perform a number of Information Security services.
• archTIS will provide subject matter experts to assist KPMG, up to the value of $400,000.
• archTIS is part of a consortium of industry leaders brought together by KPMG to provide this Agency with an Enterprise Information Management capability partner.

I like it. Network effect... & the 400K is for 3 months.
(as long as something flows from their efforts)

 

[Dona Ferentes]

leaky?

Trading in the securities of the entity will be temporarily paused pending a further announcement.

 

[frugal.rock]

Colander bene style leaky... great for a cyber security company aye....

 

[Dona Ferentes]

Colander bene style leaky... great for a cyber security company aye....

definitely a strain for an informed market.

m.. m...mmm ..maybe we could allocate blame elsewhere? Response to ASX - Aware letter just lodged

The Company first became aware of the Austender Information shortly after 11am on 10 September 2020 when a shareholder telephoned the Company to advise that they had seen a listing on the Australian Government’s Austender website which showed a computer services contract had been awarded by the Department of Defence to AR9 in the value of $4.2m. At that time, AR9 had previously submitted a proposal for this body of work, but was yet to receive a signed purchase order from the Department of Defence.

In that regard, the Company considers - at that time - that the contract had clearly not been secured as there was no signed contract in place. The Company is not aware why the contract was announced on Austender as having been awarded with an effective date of 1 September 2020. For completeness, we note that only Australian Government personnel can post information on AusTender. We have no control on what or when they post such information....

As soon as the Company had verified the information posted on Austender, it requested a pause in trading from the ASX and then formally requested a trading halt pending release of an announcement regarding the customer contract win. The Company then made immediate contact with the Department of Defence to advise on the situation and obtain a signed purchase order. The relevant approvals were sought and obtained, thus securing the contract win and allowing AR9 to make the formal announcement at 1.59pm AEST on 10 September 2020.

 

[Dona Ferentes]

...maybe we could allocate blame elsewhere? Response to ASX - Aware letter just lodged

... and if you went away for a week, there'd not be that much excitement to notice. The observant "in and out" trader might think otherwise

 

[over9k]

That's a hell of a pullback. What gives?

 

[finicky]

60c - 5c = 55c
(55 ÷ 5) × 100 = 1,100%
That was the gain in less than 2 months.
Lot of profit to protect, especially for those who participated in the $11m cap raise @ 5.5c
Third fallback from the near 60c level

 

[over9k]

At least that gives an idea of where support is.