# UK cybersecurity shares investing: Smarttech247 impresses in US and globally (LON:S247)

- Link: https://www.directorstalkinterviews.com/uk-cybersecurity-shares-investing-smarttech247-impresses-in-us-and-globally-lons247/4121146940
- Published: 2024-03-13T10:38:45+00:00
- Author: Ethan Davis

**[Smarttech247 Group plc](https://www.directorstalkinterviews.com/company/smarttech247-group-plc/s247.l)**(
LON:S247) recent contracts and underlying positive momentum has impressed Equities
Head, Gervais Williams of Premier Miton, in a recent DirectorsTalk interview about
his investment trust, The **Diverse Income Trust** **plc** ([LON:DIVI](https://www.directorstalkinterviews.com/company/the-diverse-income-trust-plc/divi.l)).

**DirectorsTalk asked:**

Cybersecurity stocks have been a hot investment area for a few years now. We’ve 
seen the rate and sophistication of attacks increasing with AI deep fakes and state
led attacks. Now Smarttech247 Group are holding a very strong position within the
cybersecurity market and have ambitious expansion plans yet the share price at the
end of January 2024 was around 19p – its lowest point since listing in December 
2022.

**Gervais Williams of Premier Miton commented:**

Yes, that’s right. The share price drifted lower in 2023, but then so many market
caps have. I know you might say that the mega caps of the US are going up, but the
market caps in the UK are not participating at the moment. They will in future. 
I’m not worried about that. But specifically, I think the key for this one is that
their VisionX technology has been endorsed by third parties.

What we really like is the three-year extension they’ve had for a global pharmaceutical
company. That’s the kind of scale of organisation which is very careful about its
partners and has chosen [Smarttech247 Group plc](https://www.directorstalkinterviews.com/company/smarttech247-group-plc/s247.l)
for its cyber protection.

They’ve gone on to various platforms with some very impressive US corporations as
well. They have still got cash from the issue so the company is safe, and it’s generating
some profits.

So, the net effect is that we’re just still at a slightly early stage. Perhaps, 
share prices came off a little bit, but the underlying momentum in the company remains
good, and that’s why we’re invested. When they come right, they don’t just come 
right in this area, technology stocks, when they come right, they can come right
with a very substantial upside, and that’s really the nature of small micro caps.

The whole point is that they have a core option value and you can make 30% or 50%
on your share price if things are successful but sometimes if you’re lucky, you 
can make three times or five times your money, and that’s the nature of this company.
That’s the nature of many of the companies in the micro caps sector.

As long as they have the ability to trade through in the short term with cash and
they don’t need additional capital, then the upside comes through in the share prices.

The Group is a multi-award-winning Managed Detection & Response company and a market
leader in Security Operations.

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