Ingenta Share Discussion Threads

[smithie6] 03/12/2022 13:22

sitting using the wi-fi in a café to look at Ingenta videos on Youtube, & try to learn about Ingenta products.

first one I clicked on

"Ingenta Webinar – RedLink Publisher Dashboard"
hxxps://youtu.be/bEVX5b2LarA


is TERRIBLE !
0/10.

(YOUTUBE videos is a visual method of communication, with audio in support. It is NOT a podcast medium.

The first 1 minute 40 seconds is a static "Ingenta" viewfoil, with some droning audio.
I am bored stiff already !!

Am I impressed by what I have seen/heard so far & I am keen to learn more about this 'wonderful' software tool ?
NO !
I'm bored stiff & desperate to stop "watching" !!
and ~26 minutes still to go.
Arghhhh !!!

Dear Ingenta management, please replace this video with a decent one or if not then I suggest that you delete it from Youtube since it perhaps loses potential customers rather than gain them.

And imo there is something with the Ingenta marketing dept. if they think that this level of quality is at all acceptable. And 26 minutes long. Ridiculous !

-----
During the intro (which is far far too long...& is pointless & 90% of it needs to be deleted) the boring audio (with a static viewfoil "Ingenta Webinar RedLink Publisher Dashboard") drones on about the CV of the person from Redlink that is going to be presenting (in audio, not in person/video).
Why bore the listen with boring details about the presenter ?. Pointless. Just say they are an expert in the product & that is it, no more useless boring CV details is needed imo.

The viewfoils are so blurred that they can't be read.
:-(

My phone has good resolution, about HD. The data source/original is blurred, not being blurred by my phone.

-----
There are some videos which are 2-3 minutes long, a verbal presentation by a man/human, I guess the previous CEO, & some by the current CEO.
Much better imo.
short.
presented by a person, talking, this helps keep the viewer watching, compared with giving audio on top of a static viewfoil (= boring, & madness).

but !!
the presentation/talk ends just after 1 minute yet the video keeps going to over 3 minutes, showing just a black screen & no sound !
In the 3-4 years since it was put on Youtube no one at Ingenta has noticed this mistake & fixed it ??
(who puts a video on Youtube & then does not bother to watch it to make sure that it works as expected !? madness/stupidity)

hxxps://youtu.be/bqy19uM9SXg

[smithie6] 02/12/2022 20:48

a) arguably it looks a bit like insider trading today with the sh price falling 10% in advance of an RNS published later after the market closed "today"
(Kestrel have sold 225k shares (~1.5% of the company) yesterday)

b) One assumes that another insti fund has bought the 225k shares.
The regs. require any holder of >3% to issue an RNS if their holding goes thru a percentage point, eg. from 4.9% to 5.1%.
Since the transaction was for 1.5% of the company it is possible we might see an RNS next week if 1 buyer already holding >3% bt these 225k shares.
Or if a new insti went from 0 to 1.5% then no RNS of course since total holding wld be <3%.

c) looking at the last annual report, it gives info about holders of >3% in March 2022 & that includes 3 other instis
- Criseren Investments
- Canaccord
- Premier Miton

(if any of these have had spare cash to investment, perhaps due to another holding being bought out, then phps they were the buyer; if so then there will be an RNS next week, Monday).

(my guess is.....Canaccord, since they bt some shares in November, see RNS 16th Nov. (in another post I showed that the RNS data for "previous holding" was false, I expected it to be corrected this week, hasn't happened (the % holding increase was small/tiny & was not 6% as that RNS says, but it does show that at that moment at that price that Ccord was buying some shares, which is a good sign).

[smithie6] 02/12/2022 14:37

well, that jump above 130p didn't last long !! :-(

[smithie6] 01/12/2022 13:44

4 trades of ~230k shares !

Look like matched trades,
Phps one of the 2 big holders reducing ?? (They were effectively the only tenderers of shares).

Or a big holder doing bed & sipp/isa trades ??

A new insti joining ?
A good amount of turnover is in USA, phps a USA fund ??

[smithie6] 01/12/2022 13:41

If my memory is correct they said that ahead of expectations (yes ??) so maybe that is part of it, since H2 ends soon & locks in the result.

[p1nkfish] 01/12/2022 12:54

Something going on to garner interest after return of cash.
Royalties news?
Elsevier or some other group looking for a bolt-on acquisition?
Find out in time, patience needed.

[smithie6] 01/12/2022 11:34

trades at 128p & 134p.
definitely a lot more popular than X months ago.

[smithie6] 30/11/2022 22:30

IQG ?

Hoosdat ?!

[p1nkfish] 30/11/2022 20:30

It is interesting, IQG also broke through 200p today on higher then average volume.
Have to wonder if some news leakage at both or just fruit of previous work now showing.

[smithie6] 30/11/2022 17:22

up 7% today, without any RNS.

& that is after a strong run up in recent months

interesting

----

it was a flurry of buys after ~3pm
probably been tipped imo

[smithie6] 24/11/2022 10:10

a buy of £5k has gone thru @~126p

(& a buy of 15k shares yesterday !)

bigger trades than most PIs would make.

definitely popular these recent days.

'no smoke without fire' ??

[smithie6] 24/11/2022 08:03

reminder of my previous post

that the RNS about Conaccord increasing its % stake is materially wrong. The true previous holding is given in the last annual report. The RNS says previous holding was 5%, completely wrong, way out, it was much higher. (I think my previous post gave a calculation, if my memory is correct, that Con. bt about + ~80k shares, a fair chunk but only a small increase in their total holding)

I have asked for a correction RNS.

[p1nkfish] 23/11/2022 14:32

The optimisation that has taken place in Ingenta, and low capital needs, not only make it likely to spin off cash but also make it attractive to acquire as a bolr-on without the acquirer having a massive amount of duplication to handle/sell.

[p1nkfish] 23/11/2022 10:49

No idea.
Interesting.

Stock price is only back to where it was early Oct 2018 but is in a better shape now.
I have a target of 180p-210p but with no timescales except much less than 4 years if all goes well. In fact, say 2 years as a guesstimate.

If music gains traction this could surprise to the upside quickly.

[smithie6] 23/11/2022 10:18

any guesses why this is up ?

[smithie6] 20/11/2022 22:28

yes.

(the RNS was written by Connacord, not by the company)

[p1nkfish] 20/11/2022 21:09

Likely to be Canaccord's mistake when they submitted the paperwork.

Perhaps their last release was at 5% before they bought Hargreave Hale around 2017/8.
The audited results number is likely ING's own calculation from the share register.

Not as exciting but that's OK.

[red ninja] 20/11/2022 20:24

A case of lies, damm lies and RNSes perhaps.

[smithie6] 20/11/2022 20:07

imo the last RNS is in fact not true.

The audited accounts state that Connacord held 9.45% of the company.

Not 5% as stated in the RNS as being the previous holding !!
------

in reality Connacord have increased its holding from 1.543 million shares (ref. audited accounts) to 1.629 million shares now.

= + 86k shares

Yes, an increase since 31 Dec 2021 but + <£100k worth of shares. So, they have increased their number of shares by about 5%. A part (or all ?) of the cost for that was funded from received dividends paid out by the co.

The reality is less exciting than the false RNS.

I expect that a new RNS will be issued this week, to correct the error.

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Divis rx'd in last 12-14 months =1+2 + 1.2p= 4.2p
with 1.543 million shares that = £65k rx'd by Connacord's discretionary client(s). If we said for simplicity that they re-invested that divi money at £0.9/share over the last 12-14 months then = 72k shares increase to their share holding.

which is most of the increase in the number of shares held by Connacord.
( +86 k shares)
ie. just re-investing the divi money !

(14k difference between those 2 numbers. this is due to the average price paid being <90p/share (as used in these calcs) , using just divi money rx'd, or some new fresh cash being invested by Cannacord discretionary clients to ING shares, but just 14k out of 1.5 million shares.

A negligible amount.

no where near as exciting as the image created by the untrue RNS.
Connacord have "not" doubled their holding of ING shares as claimed in the last RNS.

[red ninja] 18/11/2022 09:22

Given Cannacord's holding disclosed yesterday has gone from 5% -> 11% approx.
It would seem that they played a fairly large part in pushing up the share price in the market.

[p1nkfish] 16/11/2022 16:50

Cannacord discretionary didn't tender much if any.

[smithie6] 15/11/2022 11:07

I think there will also be a final divi

& the divi per share should be increased since 11% fewer shares

quite a notable payout for this financial year with the buy back & divis

[smithie6] 15/11/2022 10:55

...apart from Kestrel & the big director shareholder (chairman ?)

almost no one tendered shares imo....since they thought that 115p was an insufficient price & that risk/reward lead them to prefer to hold for a higher price in future months/years.