Noteworthy price action today, including a late reported 28k from yesterday, 2p above the offer reported at the time (line 5). Also a delayed 12k buy, line 14, and a number of close timed smaller buys would tend to indicate sudden interest or someone scratching around for anything available.
Something tells me this could get interesting. |
Or they are acquired.
ING need to be on the leading edge and seen to be with new products/services/offerings. |
It's begging for new products/services on the platform. Revenue growth is #1 need now they have a profitable base platform embedded. Rights, Royalties and Contracts are even more critical in the world of Generative AI where not just age old infringements occur. There is money to be made there if they have the right tools & services to offer. |
Well they seem to be gaining new customers at a faster rate that should at some point feed into increasing revenues hopefully very shortly. |
They need more growth catalyst for revenue. Revenue growth is the weakest link.
Operations look very efficient.
I think they should look for a trade buyer, imho. |
Excellent trading update. |
It's good to have something in the portfolio performing nicely - although I appreciate that some may have waited 7 years to get back to where they started. |
No surprise if bid comes in. They have trimmed fixed cost and can be integrated without much overlap to a number of companies in the space, even PE. |
I doubt if the pump and dump crew could get their hands on 50K shares, there are only 15M in issue (many of which are tightly held) and there is very little chance of any signiifcant number of new shares being issued (unless the company goes on an acquisition spree) |
The upward pressure continues.
No smoke without fire? |
Big move on negligible trades - very very little free float ...... |
I wonder if they are involved in sorting out the recent travails at the British Library....... |
It could just be PIs buying.
As reported earlier it was a Stocopedia Nap for 2024 that would bring PI buyers in.
I topped up when it went back to 120s as it seemed good value. |
Does anyone think there is a chance an acquirer is stalking this and some inkling of it has leaked? It does appear to have low volume but consistent buy interest. |
Look at the customer base and how very embedded it is. Not very easy to go swapping vendor.
I am interested to know what they might do to address copyright in an AI world?
With the previous arrangements with META AI lead to something to help?
Copyright protection will become a nightmare and needs addressing - print, scientific IP, web, voice, music, video, the whole shebang can be cloned and used as source material.
What opportunities are in that arena? |
Buying is not heavy but it is curiously persistent, sometimes paying over the offer for a few thousand shares. It seems difficult to entice sellers here - unlike some of my other holdings where any attempt at a rise is quickly knocked back. |
Would have little surprise if this received a bid within the next 2 years. |
I was looking on LSE at 15:47 when 3 trades were recorded.
After 4pm another 4 trades were recorded so yes a better run at the end of the day.
It's encouraging, but the markets will get more back to normal next week. |
3 trades, ADVFN shows substantially more. Out if interest where are you looking? I use Google sheets to monitor volume and I have noticed with ING that sometimes volume is shown as high but few or any trades are listed on ADVFN |
Mmm, we're only seeing thin trading this week ie I can only see 3 trades so far today.
Next week should give a better idea. |
Buying looks encouragingly persistent. |
Looking like 1st Feb TU and price move suggests it will be positive. |
The thing is there are so few floating shares that small buys shift the price up. Another 50,000 buys will see this near 200p or more IMHO..... |
ING was included In Stockopedia's 2024 NAPS portfolio and therefore is starting to hit a few more radars. Let's hope company performance supports the extra attention. |
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