Catena Share Discussion Threads

[ltinvestor] 22/1/2021 08:42

Parsnip.Probably 3 years behind C3 AI, not in product but in sales...C3AI
has a mkt cap of $12bn..My advice is to lock away the shares for a couple of years ......

[parsnip1] 19/1/2021 06:34

C3 Ai a nice story. Anything close to that will satisfy here.....

[chessman2] 11/1/2021 14:50

An excellent post ltinvestor which makes very interesting reading.

It is quite likely that Catena will be a most sought after share when they relist.

I’m looking forward to the coming months and will enjoy watching the company grow.

[ltinvestor] 11/1/2021 12:46

• AI revenues in Asset Management expect to grow 41% CAGR from $1.1bn in 2020 to $8.3bn in 2026.
Large, high growth market
High potential in asset management
• Asset management facing operational and competitive pressures that can be address with AI
• Online data is exploding. The world will create more than three times the data over the next five years than it did in the previous five.
• Scale of data cannot be effectively processed manually. Technological advances and decreasing costs allow AI to efficiently process of this data at scale.
• Transforming data into fuel to generate alpha has become the next arms race in asset management.
• The rise of passive investing is exerting pressure on active management fees and leading asset management firms to use AI to enhance alpha and increase operational efficiency.
• Market is underpenetrated
• Only 10% of portfolio managers used AI to techniques in investment strategy and process
• 69% of portfolio managers did not use any AI or ML techniques for trading algorithms
• 75% of analysts did not use any AI or ML techniques for industry and company analysis
• 44% of analysts did not use any unstructured or alternative data for industry and company analysis
• AI uses cases in asset management are compelling:
• Alpha generation, operational efficiency, trading and execution, user interfaces and risk management
• Asset management firms appear keen to adopt AI
• 18%-19% of analysts and portfolio managers did AI/ ML training over the past 12 months and 21%-23% did data analytics training.
• Catena Group’s (CTNA LN) primary asset is a shareholding in Insight Capital. Insight provides asset managers with the technology infrastructure for AI and machine learning.
• Insight provides software for extracting, analysing and visualising unstructured and structured data from proprietary and market data sources.
• Insight’s products allow asset managers to dramatically accelerate, scale and improve their analytical capacity, leading to faster decisions and higher quality insights.
• Shares of Catena are currently suspended pending the publication of an admission document in respect of a potential acquisition of 100% of Insight.

[ltinvestor] 11/1/2021 12:44

Investment idea
Huge potential for AI in asset management: Catena Group
Zeus Capital

[stampylong trader] 06/1/2021 19:04

They could dual list in the US once the RTO is done - look what that did to ARB.

[chessman2] 06/1/2021 12:30

I’m sure the interesting news will arrive soon!

[dbnout76] 06/1/2021 11:53

The silence in deafening....

[29palms] 30/12/2020 14:25

Yes, good news this afternoon on account reporting date alignment.
Patience is a virtue.
Been here since Westside Acquisition days which is absolutely years.
I feel this could be a star for 2021 once rto completes and shares re-list.

[ltinvestor] 30/12/2020 14:07

Reverse looks to be progressing well with the alignment of the respective financial year ends

[ltinvestor] 09/11/2020 08:54

Should be back from suspension in February ..the wait will be worthwhile.

[chessman2] 08/11/2020 19:26

Patience is a virtue! This is one of my portfolio which hasn't fallen!!

[victor v] 08/11/2020 19:18

Does anyone have an update. I would have hoped for some info by now.

[chessman2] 08/10/2020 09:34

The answer is so logical....how could I have missed it!!

Not too long to go before the next RNS arrives.

[ltinvestor] 08/10/2020 09:28

The reduction in holdings is due to the recent share issue causing dilution in the individuals % holdings.Neither sold any shares!!

[stampylong trader] 07/10/2020 16:47

I saw the two RNS news items. Only a small amount dispensed with. I guess this will be un-suspended soon now.

[chessman2] 07/10/2020 13:17

I see that Richard Bernstein and Richard Owen have both just declared very small falls in their holdings.

Both thresholds were declared as being in October. I assume they have given a few shares to other people to widen the list of holders and share in their future financial well being!!

Could the holdings have gone to Insight personnel? I wonder.

[ltinvestor] 02/10/2020 08:30

Always good to see director buys.....

[chessman2] 01/10/2020 17:07

More good news here as the company has issued 1.6m new shares compared with a target of 500,000 mentioned in the news bulletin on 29 September.

The future looks very bright for an AI company in the financial sector.

[chessman2] 29/9/2020 16:02

Consummation is the word I was searching for!

Finalisation of the deal is progressing and it is excellent that management are keeping us informed of all developments.

[faz] 29/9/2020 15:08

depends on your married life I guess, if you look back and see it as a reverse takeover!

[chessman2] 29/9/2020 11:40

Yes, everything seems to be going to plan and I am optimistic about an extremely successful future.

Not too long to wait for completion of the marriage. Is that the right word?

[ltinvestor] 29/9/2020 08:42

I expect that they will be raising around £5m from institutions over the coming months and once the rto takes place it will be the only AI company in the financial sector to be listed in the UK.This should attract great interest from Institutions , PI’s and the press...