Insig Ai Share Discussion Threads

[pj 1] 30/5/2024 20:58

My views for what it's worth.

I think the 2 recently referenced Contracts have disappeared, and as the last straw Colm has paid the price and gone. No wonder he never bought many shares. The fact a significant shareholder has been selling (and still is?) in the open market and attempts to place the shares with II failed was also a damning summary of where the business is currently.

So the strategist is in to guide the ship, I suspect a change of strategy is imminent, with RB as the activist to drive it forward.

All guess work and in my opinion only.

[pj 1] 30/5/2024 20:52

I think the seller(s) is still active and has held it back today.

[judijudi] 30/5/2024 20:10

I notice there was no thank you from RB or the board to Colm for his services to Insig. There is usually a message of thanks in rns’s when people leave so that’s unusual
Anyway I’m happy now that he hardly had any shares and that he’s gone
It was obvious to just a couple of us on here that he was ineffective
imho

[judijudi] 30/5/2024 19:47

shrewd
How do you know the overhang is gone?

[hazl] 30/5/2024 19:29

Articles everywhere!

It has a resurgance.

'Nearly half of funds with ESG and sustainable terms in their names may breach new EU regulations, says research from Clarity AI.

Clarity AI found that 44% of funds using ESG and sustainable terms may need to change their name or divest assets. This comes following the announcement of new ESMA rules applying to any EU fund using an ESG or sustainability-related term in its name. The rules say that an asset manager using a sustainability or ESG term must ensure that a minimum of 80% of assets are used to meet the environmental and/or social characteristics or sustainable investment objectives of the fund. The rules also state that there should be no exposure to assets that breach the PaB exclusions.

Clarity AI analyzed 3256 EU funds that have ESG or sustainable related terms in their names. Of those funds, the vast majority are Article 8 funds (74%) with Article 9 representing 19% and Article 6 just 7%. Nearly half (44%) contained investments in companies that breach the Paris Aligned Benchmark criteria. 28% have exposure to multiple companies in breach of the PaB exclusion criteria.

Clarity AI also found that in terms of breaches of the PaB exclusionary criteria, nearly half (49%) of Article 8 funds with ESG or sustainable-related terms contain investments in companies with breaches, and around a third of Article 6 (36%) and Article 9 (29%) funds.
'

[shrewdmole] 30/5/2024 19:09

Overhang gone then.

Nice. Now as Nico and Susan said that’s a floor put in so let’s see what this management team can achieve. Another £100k plus of investment today plus Richards £100k convertible at 20p.

How anyone can think that’s a pump is beyond me that’s pure faith being shown by serious management.

Noujay stumbled upon something very relevant earlier re our new investment.

[hazl] 30/5/2024 19:08

'The US government has announced a set of new principles aimed at improving the integrity of the voluntary carbon markets.

The Responsible Participation in Voluntary Carbon Markets has been published by the US Secretaries of Treasury, Agriculture and Energy. Under the nonbinding guidelines, companies that use carbon offsets are requested to disclose details about their purchases in a “standardized manner that enables comparability” at least once a year.

The US government has outlined seven key principles to guide the VCM and companies that participate:

• Carbon credits and the activities that generate them should meet credible atmospheric integrity standards and represent real decarbonization;

• Credit-generating activities should avoid environmental and social harm and should, where applicable, support co-benefits and transparent and inclusive benefits-sharing;

• Corporate buyers that use credits should prioritise measurable emissions reductions within their own value chains;

• Credit users should publicly disclose the nature of purchased and retired credits;'

Continued.

[ltinvestor] 30/5/2024 18:48

For the record PJ is back on Filter..

[banshee] 30/5/2024 18:33

2*500k buys by RB and Sophie Wilson at 10.25p/10.5p, just announced, good price indeed



Seller(s) seems accomodating, does all this tell us anything re contract/news timing I wonder?

[noujay] 30/5/2024 16:10

Busy day then and pleased to see it reverse course. Whilst we need contract news, today to me feels like a genuine reboot and given the new regs coming in tomorrow the company now seems set fair for tangible progress and we just hope an attendant rebound in the share price.Very interesting stake in Impactscope - worth having a look at their website as they appear to have excellent tech. They were also winners of an FCA tech sprint category. Presumably already working in collaboration and the combined tech could, from what I can ascertain at least, be compelling and innovative.

[hazl] 30/5/2024 15:41

Looks more possible now, to me anyway.

[judijudi] 30/5/2024 15:33

Nearly 2 months since the “advanced stage” RNS
Could really do with these landing

[hazl] 30/5/2024 15:31

'Commercialising '.

Note.

[hazl] 30/5/2024 15:30

I suspect that Bernstein has been working hard and instrumental in some of these changes.


'With immediate effect Colm McVeigh will be stepping down from the Board and his role as CEO to pursue other opportunities.


Richard Bernstein has been appointed as Chief Executive Officer with immediate effect to devote more time to engaging with asset managers, prospective customers and commercialising Insig's product offering.'

[hazl] 30/5/2024 15:27

For those new to Insig.

[hazl] 30/5/2024 15:25

Despite arriving at this all time low on the share price, it has the feel of a great company in the making, to me.
The clear sense that it is bang on trend, accompanied by the instituitional approval
and people they know leads to me to believe in them.
Confirmation of a single buyer putting so much in, rather adds to the icing on the cake really.

[nico115] 30/5/2024 14:34

With a mkt cap of 15m pounds there's always been hope value in this share .However with the BoD now substantially stronger I've decided to buy with a view to holding .Will see what transpires but 11p will be the lows imho barring a mkt crash . Whether this is a trade or an investment will depend on what contracts are won . I will reevaluate on any newsflow. I'm expecting director buys as they won't be inside after todays announcement . Onwards and upwards .I think we will settle at 16p -18p soon while we await more substantial newsflow needed to propel us to 20pplus.

[shrewdmole] 30/5/2024 14:30

Banshee

Agree - next few rns will be very telling.

Could we see something tomorrow to tie in with regulations launch?

Sm

[banshee] 30/5/2024 14:16

The big seller is likely an insider with detailed knowledge of the co though, as per LTInvestors earlier post, far more than any posters here, and not some random stale bull. So why should they choose to sell now? In order to dispel any uncertainty we need those contracts asap imo, which should see us double from here, or more hopefully, with the enhanced board.

[susanfrench] 30/5/2024 13:52

So May goes out in a blaze of Volume - with this type of share a seller in size can only be accommodated by virtually equivalent buying - so for the knowledgeable the bottom is probably in !

[hazl] 30/5/2024 13:11

A comment for everybody else here

we each of us have winners and losers.

In my experience those who come on a bb and point fingers at a poster, usually haven't a good solid argument against the company.



IMO

[paulscb] 30/5/2024 12:20

hazl my dear pillock. I would think you'd have learnt a lesson on preaching to advfn users about future potential, at GDR from 6p, now 1p.

[hazl] 30/5/2024 12:10

Shares are about the future not the past.

The market sniffs out potential profit for the future hence the share price rises.


IMO

[paulscb] 30/5/2024 12:08

13 million market cap, less than 500k cash, and over 2 million of loss in recent half year report. Good luck boys!