Centralnic Share Discussion Threads

[azaman] 31/5/2023 21:06

While ordinary investors may not understand this business, what about institutional insvestors?

[dave2608] 31/5/2023 20:40

"Aferian PLC - Cambridge, England-based business-to-business video streaming solutions company - Secures additional cash funding through a loan facility of up to GBP3.3 million from its largest shareholder, Kestrel Partners LLP."

Have you seen this company's share price performance? They used to be Amino Technologies from what I remember. Kestrel don't half pick them.

[rivaldo] 31/5/2023 09:39

Excellent news last night as another validation of CNIC's reputation and quality.

In case anyone missed it:



"Network Services 3 is the latest iteration of the CCS's Network Services framework. The agreement will provide telecommunication services including Critical Domain Services to Central Government Departments and all other UK Public Sector Bodies. This includes Local Authorities, Health, Police, Fire and Rescue, Education, and Devolved Administrations."

[adamb1978] 31/5/2023 08:05

Doobz

Think they just need to keep throwing off cash. Its hard to argue with cash!

Adam

[diesel] 31/5/2023 07:50

If the broker thinks this will have a positive effect then they should be buying big.

[slogsweep] 31/5/2023 07:36

increase the divi to 3p at least for a start

[doobz] 31/5/2023 07:25

Cnic must be the most unloved company on the exchange, ive said it before but I really don't know what they need to do to get this moving anymore

[johndoe23] 31/5/2023 07:17

Nice Reach but no change here pfft

[king suarez] 30/5/2023 18:19

Even if the revenues are not at this point in time significant, it surely further legitimises the business in the eyes of other potential customers?

[doobz] 30/5/2023 18:10

Will be interested to see what this means for extra revenue for the company. No real indication yet

[king suarez] 30/5/2023 18:00

Very nice RNS that! :)

[doobz] 30/5/2023 17:51

Let's see how the market receives this news tomorrow, long overdue a catalyst now. Riedl really highlighting all the positives here again, maybe he's as frustrated as us

[simon gordon] 30/5/2023 17:44

Good piece on Google and generative AI:

Cory Doctorow - 14/5/23

Google’s AI Hype Circle

We have to do Bard because everyone else is doing AI; everyone else is doing AI because we’re doing Bard.

The thing is, there really is an important area of AI research for Google, namely, “How do we keep AI nonsense out of search results?”

Google’s search quality has been in steady decline for years. I blame the company’s own success. When you’ve got more than 90 percent of the market, you’re not gonna grow by attracting more customers — your growth can only come from getting a larger slice of the pie, at the expense of your customers, business users and advertisers.

Google’s product managers need that growth. For one thing, the company spends $45 billion every year to bribe companies like LG, Samsung, Motorola, LG and Apple to be their search default. That is to say, they’re spending enough to buy an entire Twitter, every single year, just to stay in the same place.

More personally, each product manager’s bonus — worth several multiples of their base salary — depends on showing growth in their own domain. That means that each product manager’s net worth is tied up in schemes to shift value from Google’s users and customers to Google. That’s how we get a Google search-results page that is dominated by ads (including an increasing proportion of malvertising and scamvertising), SEO spam, and “knowledge panels” of dubious quality.

All of this has weakened Google’s own ranking system to the point where a link’s presence among the top results for a Google search is correlated with scamminess, not relevance. This is a vicious cycle: the worse Google’s search results are, the more they depend on being the default search (because no one would actively choose a search engine with unreliable, spammy results). The more they spend on being the default, the sweatier and more desperate their money-grabbing tactics become, and the worse the search results get, and the more they need to spend to keep you locked in.

The decline of Google search is a big deal. Google may not have been able to create a viable video service, or a social network, or even an RSS reader. They may waste fortunes on “moonshot” boondoggles like “smart cities” and “self-driving cars.” They might fill an entire graveyard with failed initiatives. Google may depend on buying up other peoples’ companies to get an ad-tech stack, a mobile operating system, a video service, a documents system, a maps tool, and every other successful Google product (with the exception of the Hotmail clone and the browser built on discarded Safari code).

The company might be a serial purchaser masquerading as Willy Wonka’s idea-factory — but at least Google was unequivocally Good At Search. Until they weren’t.

Indeed, it’s not clear if anyone can be good enough at search to be the world’s only search-engine. The fact that we all use the same search-engine to find our way around the internet means that anyone who can figure out how to game the search-engine’s ranking algorithm has a literally unlimited pool of potential customers who will pay for “search engine optimization,” in hopes of landing on the first page.

Continued....

[diesel] 30/5/2023 14:36

Hey you’re right misread that last rns, forget previous post, duh, only to add that we have a weak share price despite buyback, and TWO insts buying!

[adamb1978] 30/5/2023 14:30

I thought there was an announcement recently from JTC which said they'd gone back over 3% again?

[diesel] 30/5/2023 14:29

It seems that we have a persistent seller, my guess is that it’s JTC selling out but because they are under 3% we’ll not see any notification. With the buyback and Kestrel still adding the share price seems not to have a floor under it yet although we seem to be at a resistance level, time will tell.

[adamb1978] 26/5/2023 11:48

I think they are impacting the price as Doobz has said, relative to broader markets

They'll also be mopping up loose shares.

I'd like to think that we get another glut of buy backs in H2 but either way getting the next quarter figures in a couple months showing strong cashflow again is the main thing which will underpin the share price

[doobz] 26/5/2023 11:01

Markets been hit lately, but yeh still very bleak from cnic

[azaman] 26/5/2023 10:50

Why are these share buybacks not having any positive effect on the share price ?

[davidosh] 22/5/2023 16:31

vikeshm!.....The markets are tough for most investors so to attract the same number and to make the shows beneficial for the companies and investors that like to join in and network together we have softened the prices. The vast majority have discounted tickets and are regulars. The last minute discounts if needed attract a few new investors then they become regulars.

I just want a happy event for everyone

[adamb1978] 22/5/2023 16:12

Knowhow77

Prices need to stop going down before they can go up!

Personally I'm very happy with stabilisation around these levels for a few weeks!

[vikeshm1] 22/5/2023 15:39

I can't take time off - nothing against the shows. I'm in marketing my thought was it seems like u can't sell all the tickets. People who paid full prices must get annoyed at all the last minute offers of free and heavy discount tickets. From a marketing pov
surely next time peeps will wait till late to book to get discounts. Anyhow good luck, they look very profitable and peeps seem to like them.

[knowhow77] 22/5/2023 14:43

Share price seems to be stuck around this level forecasts of 250p seem a long way off at the moment