Insig Ai Share Discussion Threads

[pj 1] 12/10/2024 10:31

RB added another £40k yesterday, and it doesnt even get a mention

I assume this means another month then with no contract news? If so, then its next to certain I would have thought we will have no positive contract news this year. It is now an unbelievable 23 months since the last (small and non recurring) contract was announced.

Down trends continuing chart wise, and I guess they must be looking at new funding requirements again now?

I hope that they are not paying any PR companies for there sure as hell isn't any at all.

[hazl] 05/10/2024 11:07

Joking aside, I agree.
I think people each have their own time scale according to their circumstances.

[hazl] 05/10/2024 11:03

Wow that's the most positive conclusion I have seen you make pj1.
Things are looking up!

[pj 1] 05/10/2024 10:07

the coming months are set to bear fruit from our substantial investment."

For too long, the business was engaging with people who were not authorised to make the spending decision. Furthermore, we could have been articulated the offering in a way that showed the benefits to prospective customers in my opinion and we could also have contacted a greater quantity of prospects.

When I was appointed Chief Executive, I commented that sales cycles to large corporates for emerging technologies can take up to 18 months. This remains the case.

There will be further enhancements in the coming weeks and months, including improved marketing and new partnerships

Victory will not be achieved overnight: it requires thought, planning, strong execution and some patience. I regard our success as a matter of not if but when.
==================================================================================

I have extracted from the Results what I consider to be key statements.

In my view it is too soon to judge any efect RB has had. The problem I have is just how long do we give to make any decisions on the stock, as the hints above seem to be saying it's going to be a further very long wait?

[judijudi] 04/10/2024 23:35

Slowly getting rid of this Dog

[pj 1] 03/10/2024 20:20

Does the recent Call Option hint that news will be at least another month away?

[judijudi] 03/10/2024 08:04

🤷‍a94;️

[banshee] 02/10/2024 22:17

10 times is share price from 15p to 30p bozos since the 'bet' is 1.5p.

It's called gearing.

[churchharbour] 02/10/2024 20:57

JJ _ 10 times made me laugh too but in RB we trust as that's the only positive game in town

[judijudi] 02/10/2024 18:52

10 times
😂😂
👏👏
😂😂

[banshee] 02/10/2024 13:53

Stabilising the price is the short term aim, but I know they are expecting sharp share price appeciation if they can get the right contracts over the line. Whether they can or not is naturally open to significant doubt given their past history, but a potential upside on the bet, of say 10 times, will be part of the calculation

[idomeneo] 02/10/2024 13:23

So that explains the availability of buyers before hand this am. It has to be said that this represents a ~ £45,000 cost to him in the worst case (1.5p per share * 3,000,000 shares = £45,000) That is a very low "investment" if one wanted to try to support the market price. Even so, might be cheaper just to keep the investors updated on a regular basis.

[banshee] 02/10/2024 11:26

Interesting RNS

Insig AI plc (AIM: INSG), the data science and machine learning group, has been notified that, Richard Bernstein, Chief Executive Officer of the Company, has purchased a call option over 3,000,000 ordinary shares of 1 pence each in the Company ("Ordinary Shares"), representing approximately 2.5% of the current issued share capital of the Company, from an existing shareholder at a cost of 1.5 pence per share option (the "Call Option"). The Call Option expires on 31 March 2025 and has an exercise price of 15 pence per Ordinary Share.

[idomeneo] 02/10/2024 08:51

Couldn't sell >5000 last few days but suddenly it took my 100,000. The only thing I can think of in the absence of any news is another DD.

[nico115] 01/10/2024 19:48

All time lows ?We need John wilson as ceo This BOD need to resign as delivered zero.

[pj 1] 01/10/2024 10:31

Single figures on the way?

Down >50% in 3 months and 80% since RTO.

RTO investors as good as wiped out.

[pj 1] 30/9/2024 18:41

Banshee. Well they have 9 weeks then as nothing ever lands in December or January.

[hazl] 30/9/2024 15:39

Delay in the green and zero carbon direction will not last forever, are my thoughts.
Though if I'm honest I have mixed feelings about the sense behind some of the moves.

For example


Bernie

'PORT TALBOT - Today Britain no longer makes steel….So we can save the planet!

🏭Instead we’re going to import it from countries like Germany and China.

🏭They import vast quantities of coal (so they can also say they are saving the planet) …to make the steel for the Uk

🏭And this is Richard’s Bay in S.A. the queue of diesel trucks is full of coal, on its way to Germany, to make British steel.

Ahh … the circular economy of net zero '


However I have sympathy for people here as I haven't got many but waited to see what would ensue.
Haven't felt the desire to add yet .
Having a toe in though, means I don't forget them if things improve for them.

[banshee] 30/9/2024 15:17

A shambles indeed, we won't move back into news territory untill late-ish October imo, that is the way it works with their most significant potential clients, no chance of much progress over summer, or anything rapid after the insider selling. Of course it helps if you are not wining and dining interns along the way.

I would be suprised though if the new chairman does not expect to make a profit on his purchases.

[nico115] 30/9/2024 13:34

I'm also thinking of selling . Just can't believe we haven't had any news at all for so long . Beggars belief #shambles

[judijudi] 30/9/2024 13:05

I’m not going
Disgusted with them for not zooming the AGM this year
A cowardly move in my humble opinion as they did it last year
They presumably didn’t want to have to answer any very probing questions or be put on the spot with the absolutely abysmal performance
I’m seriously thinking about off loading and cutting my losses
They’ve had more than enough time to turn this Dog around
in my humble opinion

[banshee] 30/9/2024 11:32

I am waiting 'till Amazon have a sale on "AI For Dummies" to send a gratis copy to each of the Board.

[banshee] 30/9/2024 10:58

Looks like they are not streaming the AGM this year then? Fancy that.

Anyone going?