Insetco Share Discussion Threads

[bernieboy] 18/2/2015 10:16

Mike lol! As soon as I posted I wondered how long it would take!

[webster is back] 18/2/2015 10:16

Quote now is .085/.10

One to watch.

Very interesting

[113mike] 18/2/2015 10:12

About 12"!

[bernieboy] 18/2/2015 10:11

What's afoot?

[blueball] 17/2/2015 16:46

Beware the Ides of March Tom.

[loverat] 17/2/2015 14:35

Considering that ShareProphet's is basically a deramping site and TW is known as the 'Sheriff of AIM', I am surprised he did not pick up on this and recommended these at 0.17p.

That said, I think JakNife has been proved right most of the time. Still, might take a punt soon as you often will get a decent spike to sell into.

Interesting comments on the Worthington thread. Some of the stuff posted there today about James Holmes links into some stuff I was going to send you JakNife about a group of directors connected to London Asia and other cons - and the connection to a certain poster who used to spend his life in court.

Will send you when I can put the info in some order.

[the stigologist] 17/2/2015 13:43

if jaknife is correct the real value here is a fraction of the current share price

[paleje] 17/2/2015 11:16

Aside from TW's involvement, the seller must be about done by now, by whatever games they played pre and post the shares being officially admitted. They have caused a lot of pi's to bail too hence the share price But unless it's a scam, if Ivan is right, the share price could move sharply from this level on good news. With only about 10% in public hands and many of a nervous disposition already having exited, stock will be in short supply. Still a punt at the moment though.

[loverat] 17/2/2015 09:58

Wow - a 60% odd fall here since the last recommendation. What is that - in the space of a month?

[the stigologist] 16/2/2015 13:31

Surprised this isn#t already at zero

[paleje] 11/2/2015 18:51

Shareprophets website this afternoon....

Okay this has been a very bad tip so far. The shares are now just 0.09p in the middle. Should you buy more, hold or cut losses. We apologise for the delay but after taking it through with the management but also trading partners we have an answer.

The first piece of news came a week ago with Insetco (LSE:INC) saying that the $300,000 it was due to receive by December 31 for its first contract had not yet arrived as the client was yet to complete due diligence. We view this as a when not an if and can understand why investors might be spooked but on the basis that the cash will come we are not bailing.

On the same day CEO Ivan Couchman gave a presentation at a ShareProphets seminar – you can watch it HERE. Let’s not beat about the bush, it was not good. It will not have prompted anyone to fill their boots and might even have prompted a few sellers. Mr Couchman may know his onions at an operational level and strikes us as honest but he is City naïve and we understand that moved are afoot to appoint a City credible NED who will put a far better face on matters. We support that big time.

Finally we learned that folks owning £100,000 of loan note had asked to convert at 0.1p per share. Oddly the shares fell before that and at this end of AIM we reckon that almost certainly means the spivs were selling a few shares ahead of conversion to lock in gains.

So where now? We expect the $300,000 to arrive a lot sooner than the “during Q1” Mr Couchman said during the seminar. Having been caught with his trousers down once on this sum we think he is underpromising to over-deliver this time. And we also expect other contracts to follow. On the maths Mr Couchman explained when quizzed by TW at the end of his formal presentation that makes the shares look cheap.

It is of course possible that this is all smoke and mirrors. But we view Couchman and co director Barry Heath as honest if a tad rough around the edges. Backing them we suggest that you average down. Premaitha and Optibiotix dipped after we tipped them but are now flying we expect Insetco to do the same. Buy.

[paleje] 09/2/2015 11:21

With GBP 100,000 loan being converted to equity at .1p you'd think there might be news coming; tradeable from 12 Feb so if it's the intention to sell some you'd think the news might be soon.

[pyjamaboy] 08/2/2015 15:23

Stuck here at 0.20 hope it moves soon , heard a lot about this Ivan Director bloke who turns things around .