Insig Ai Share Discussion Threads

[shrewdmole] 17/8/2021 08:06

Am guessing this is the US subsidiary that was mentioned due to demand from that side of the ocean?!

[ltinvestor] 17/8/2021 08:02

Why would they form a new company InsigAI Corporation for the partnership if the deal wasn’t significant ?

[ltinvestor] 17/8/2021 07:41

Shrewd.It is a “ partnership “ and I suspect has the potential to yield a very significant number to the bottom line in 2022.Further evidence that Insig have developed a portfolio of outstanding AI and ML products that I am sure will be adopted by many financial institutions in the future.

[shrewdmole] 17/8/2021 07:30

LT

So what sort of no me can we expect predict from this one?

S

[kooba] 17/8/2021 07:28

CarVal Investors is focused on distressed and credit-intensive assets and market inefficiencies. Since 1987, our experienced team has navigated through ever-changing credit market cycles, opportunistically investing $130 billion in 5,550 transactions across 82 countries. Today, CarVal Investors has $10 billion in assets under management in corporate securities, loan portfolios, structured credit and hard assets.

[ltinvestor] 17/8/2021 07:09

“The partnership nature of today's agreement with an asset manager of CarVal's stature is the most exciting development in our history.”
I would substitute the words “ most exciting” with “ most remunerative “.!!!

[judijudi] 15/8/2021 23:22

I liked Matt
Let’s see what RB does now
Balls in his court

[darcon] 15/8/2021 11:06

How would potential profit shares be calculated, when would clients pay those profit shares (quarterly, annually, when asset sold?) and how would that revenue stream be impacted in case of a strong market pull-back ?

[shrewdmole] 15/8/2021 09:13

Personally how anyone can see RB’s appointment as negative is crazy.

I think every aim investor would welcome someone on board that not only has serious skin in the game (and adding) , has fund and analytics experience and is an accountant.

From what little I know about RB he doesn’t sit still and will be all over the contacts/clients both extg discussions and new ones.

Once the market clicks that Insig isn’t just getting license fees but profit shares this will rerate.

Sometimes it’s nice to have the quiet period beforehand so the investors that were early to appreciate the opportunity can get the position they want.

Could be an interesting few months.

S

[noujay] 14/8/2021 19:27

Per a previous RNS there are multiple potential clients validating the software so would seem reasonable to assume that there is more in the near term offing..

[banshee] 14/8/2021 19:01

However good Bernstein is there will still likely be a lead time of several months from an introduction to anything RNS-able as a specific new client, so his influence may not show up that quickly. Best hope there is a decent volume of other news in the pipeline before then, if so this will quickly become just a footnote.

[parsnip1] 14/8/2021 16:21

I would fully support that comment LTI. I'm sure Matt may appear somewhere else and as a shareholder remains fully supportive. Excellent US connections.....Mr Bernstein delivers best from the inside. I'm a delighted hold.....any more and I'd be too close to 3% which doesn't suit me. I now believe my statement very much closer than we think PJ 😊

[ltinvestor] 14/8/2021 11:05

All I would add is that the board are extremely happy to have Richard Bernstein as Chairman…̷0;

[pj 1] 14/8/2021 09:49

If this was a planned change so quickly following RTO, wouldn't it have been disclosed in the Admission document?

[banshee] 14/8/2021 00:31

Sorry busy day, I have just re read it now now and you are of course correct his CV is excellent, and I had him mentally as someone else for some reason, but running a startup, even as chairman, requires a particular set of qualities and attituide. Another mindset as the cliche goes. The importance of this is hard to overstate.

[ltinvestor] 13/8/2021 19:19

Elrico.I didn’t realise that I couldn’t post your article.I sincerely apologise and if you give me details of your Charity will make a donation.

[banshee] 13/8/2021 14:48

Have to agree with ITInvestor that the most significant disclosure on the RNS is that Bernstein has bought an additional 500k or so shares at market prices since the RNS about his holding going over 12% on 18/05/21 with a seperate 100k purchase, a pretty hefty further vote of confidence from someone with a intimate knowledge of the company. He did not need to declare them as he was not a board member at the time, and they did not take him above a new percentage threshold (13%).

I wonder if he will purchase a few more notifiably as a BOD member at some stage, must be quite likely.

Otherwise, this looks like a legacy appointment leaving his position a little earlier than expected (hence the requirement for an interim appointment), We know the company is going to be involved with multiple new ESG product launches with Carval beyond CLOs, but not clear if there will be a lull in news flow over the next few weeks, until, say, mid September.

[ltinvestor] 13/8/2021 11:03

Yasx.I believe that Crs banked £43m profit on Hur.For the record I made £100k when I sold the day after Kerogen for around 44p.I recently purchased several million shares at 1.25p selling for over 3p and banking another £65k..

[yasx] 13/8/2021 10:33

Ltinvestor,

Just for balance, it is, I opine, stretching the truth to suggest his/CA's actions at Hurricane have been something to write home about. It is true they prevented complete shareholder wipeout by impeding the Court approval of the restructuring, but, the reality is CA soaked up the twaddle from Trice and went in to Hurricane at multiples of the current price, buying all the way down. Even after averaging down they are still sustaining a huge loss. Had the restructuring gone ahead, their investment would have been worthless. They have prevented that, but, as yet, it is not something to be proud about since they are still well out of the money.

[ltinvestor] 13/8/2021 08:33

I have put an order in for 15000 shares at 67p….

[noujay] 13/8/2021 08:16

Interesting development this morning. We can certainly expect plenty of corporate drive...

[ltinvestor] 13/8/2021 07:40

Matthew was originally brought into Catena/USG to oversee the reverse takeover. of Insight and become Insig AI.

Richard Bernstein, is the largest shareholder with more than 12%. He introduced Insight to the company and clearly masterminded the acquisition.
He has over £8 million invested in the company- in the last three months, he has quietly bought half a million shares at a cost of £350,000 - he should be instrumental in driving Insig, ensuring that the company fulfills its potential so that shareholder returns are maximised.

His network looks incredible- he is a former adviser to Anthony Bolton at Fidelity, last year, he rescued De La Rue and in June, he single handedly saved shareholders in Hurricane Energy in the High Court from an unnecessary 95% debt dilution.

His track record in tech at Eurovestech is also impressive- at KSS, he turned £1 million into £31 million and at Toluna banked £40 million from a £2 million investment.

He’s not one to make a song and dance but focuses on delivering for his shareholders. With his contacts and huge skin in the game, this looks like great news.