and again. up 20% today.In light of the news of the "state" based cyber attacks on Aust Gov't Depts and companies, I had a look at our cyber security companies.
SEN: Interesting large volume price spike today with no news..
a lot of catch up being played (by others). Of course they will overshoot. Mmmm.... but if good news comes (contracts, engagement with industry and govt) there may be some more gasps. Not many insto's on these companies' registries.Houston We Have (HWH) haha, what cards.
Anyone fancy any of these after such rises? Getting a faddish feel about it. Can't value them.
Thinking of taking some profit for first time today in AR9 to pay back my stake and fund MBK over subscription - cash, an under appreciated financial asset. The daily chart of AR9 makes me uncomfortable.
- James DunnLooking at the Australian stock market, though, you would not know that cyber security is a growth business. The ASX does host cyber security companies, but sadly, it is a desert in terms of investment success. Is this because of the technology offerings being lacking in some way, or the relative lack of specialist investors to pick up on the opportunities being presented, and give them some market support and impetus? That appears to be a big problem....
Verizon has provided managed network and security services to Australian government departments and businesses for over 20 years including more than 75 national and state government agencies. Notably, in 2017, Verizon opened a state-of-the-art Asia-Pacific Advanced Security Operations Centre in Canberra. It is also a panellist on the Whole-of Australian-Government Telecommunications Services Panel, providing coordinated telecommunications services.
Votiro is currently in trials with a number of large North American organisations to deploy its cyber security technology. In addition, Votiro’s Secure File Gateway has recently been selected by a Fortune 500 company to protect it from malware attacks. This customer has deployed the technology to over 50,000 users, and the revenue to Votiro from this contract is expected to be in the order of approximately USD$250,000 per annum for 3 years.Senetas Chairman Francis Galbally commented: “The demand for software protection against such threats is now only starting to emerge and Senetas believes this growth will be considerable and will translate into an opportunity to grow a substantial annuity business.” Mr Galbally added, “the board is pleased that Votiro is achieving the expected results and growth that it targeted when we made our initial investment.”
six cyber related stocks over the last 3 months
Senetas SEN ..... (red) ........... 67%
Vortic VOR .... (green/blue) ....... 92%
Houston We Have HWH (magenta) 126%
Whitehawk WHK ... (grey) ........ 300%
Tesserent TNT ...... (blue) ........ 382%
ArchTIS AR9 ...... (green ) .......... 540%
View attachment 107220
the story continues (it would seem) ....I've been watching SEN for over a decade now...... Companies, governments all over the world should be scrambling to ensure their networks are safe. If SEN products are so good why haven't customers been beating at the doors over the past ten years? I don't know and must assume that their products are either not good enough or not ready for commercialisation.
... a bold claimFounded in Israel, Votiro has developed revolutionary technology recognized for its ability to proactively eliminate all known and unknown threats hidden in files. By leveraging Positive Selection® technology, Votiro’s Secure File Gateway is the only SaaS-based file security solution that ensures all files coming into an enterprise are safe from malware threats and particularly ransomware.
still paddling in the shallow end. ... 1.8cTrading Halt for a capital raising.
Serial underperformer, to date
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