Incanthera Share Discussion Threads

[tpau] 30/11/2014 16:44

OK uNkwn thanks :)

[unkwn] 30/11/2014 16:15

Tpau was not having a pop at you on LSE.

[tpau] 29/11/2014 12:12

Loverat I don't think it will drop that far but I do accept that it will probably fall back a bit more. There are more spikes coming here as news is in the pipeline.

I think the recent director Mr Ivan Couchman was brought in to turn the company around. He is a turnaround specialist and is credited to turning TNT around from the brink of ruin.

Also Julian Seidman has stepped down from the board.

Zentar Securities Ltd has reinvested on the 16th October buying 110m shares. They had sold all their shares in September so what prompted them to reinvest more shares only a month later? Then we get the first contract as the RNS states above?

Although this first order is a fraction of what people thought hence the massive rise it is however the first positive contract and together with the appointment of Couchman and the investment by Zentar means that they are turning this company around.

What I am interested in as an investor is the trend reversal and growth in the future before these massive spikes come along. I think a steady rising trend will establish itself from here and 0.008 was the bottom.

89% of shares are in Institutional Investors hands so there is little being traded in the market. There are some big holders I have 10m and I noticed at the dip on Friday another buyer getting 2m chunks so support could be maintained at 0.13

I am not ramping, this is risky and I could be wrong JakNife is correct to point the flaws out and they are indeed real. IMO DYOR

[loverat] 28/11/2014 22:48

Back below 0.10p next week by the looks of it.

[tpau] 28/11/2014 22:45




26 November 2014



Insetco plc

("Insetco" or the "Company")



Agreement for Services



The Company is pleased to advise that it has signed an agreement with Quantus Income Opportunities Corp ("QIOC"), a regulated Canadian financial services company, and Melken Group Inc ("Melken"), to provide services in connection with their joint development of a portfolio of senior life settlement policies.



Under the terms of the agreement, Insetco will be paid 1 per cent. of face value of the bonds for providing various administrative services to QIOC and Melken including screening and monitoring of a portfolio of policies. The Company will in addition earn 1 per cent. of the face value of the policies for providing on-going screening and monitoring services. The on-going revenue will be payable in 20 quarterly incremental payments, as the orders are completed, over the 5 year term of the investment and provide the Company with reoccurring income.

First orders for life settlement policies totalling USD$30 million are expected to be completed by 31 December 2014, generating revenue of USD$300,000 for the Company.



The Company will update the market on further orders and the likely timing and quantum of any fees earned in due course.

[gsx r1000] 28/11/2014 14:49

Guys

AFCR rallying up 15% within mins with good buying 1p has been broken with volume

[chumleyuk] 28/11/2014 10:42

Kensington
Posts: 200
Off Topic
Opinion: No Opinion
Price: 0.35
View Thread (4)Dear allThu 14:10Spoke to Mr Couchman this morning ,

The $300,000 is broken in 20 quarterly figure , meaning $15k for quarterlyeaning a contract worth $60k per year upto 5 years making it total $300,000.

Also note the other 1% cost goes on other cost to run business side that not been counted and cannot be taken into consideration.

Pls also be advised that this is one of many contracts that will be coming up and there will advise as to the RNS.

I hope everyone now understands the full RNS of yesterday .

I will be holding on these shares for many more contract this company will be closing.

Regards

[chumleyuk] 28/11/2014 10:42

The sentiment reversed when a poster on LSE wrote a clarification from the boss of INC on the RNS. Your'e on the wrong board. I made a tidy sum because whatever the case for this company, a post like that would affect this small share... and it did.

RupertJ
Posts: 524
Premium Chat Member
Off Topic
Opinion: No Opinion
Price: 0.28
View Thread (2)Take a screenshot of your chart and Kensington's post. Next time anyone tells you that bulletin board posts don't affect share prices you can show them that drop. i always roll my eyes when people say that to abstain from the responsibilities of their posts...

[marmar80] 28/11/2014 09:14

Boys and girls, if you decide to take profit, consider investing small part of it in OXS. Oxus Gold is awaiting arbitration result. News expected in 2014. Risk is high, but reward can be huge. Always dyor /mm.

[ch4p_85] 28/11/2014 09:00

lol. You are such a moron.

[ch4p_85] 27/11/2014 23:17

Silly axel

[ch4p_85] 27/11/2014 23:16

I'm building a picture that u r not white? Don't know why a gut feeling lol

[ch4p_85] 27/11/2014 22:32

Poor Axel. But to answer your question earlier - experience made me a wise man! We've all been there mate.




ch4p_85
27 Nov'14 - 10:18 - 203 of 232 1 0 edit


Bad choice axel tomorrow this will drop. Volume is weakening.


axelfoley214
27 Nov'14 - 10:29 - 204 of 232 0 1


Chap who made you a wise man! Volume is not weakening mate this is poised to sky rocket.