Insig Ai Share Discussion Threads

[nico115] 02/2/2022 14:43

Totally agree You get the odd bounce when RB buys stock BUT I wouldn't follow him as he's made some dreadful calls of late in dlar and hur This is still an avoid for me

[pj 1] 02/2/2022 14:18

What's even worse is the message the Co. are sending out to the Market by not yet having a replacement since he left over 5 months ago , further compounded by a NED also jumping ship who hasn't yet been replaced.

The market is asking the obvious question....

[nico115] 02/2/2022 13:27

Yes I argued that Matt leaving was pivotal One can't be uber bullish on his appointment then when he leaves say it's not a big deal.When you get a crash in US growth stocks ,then stocks like this that are jam tomorrow get hit.

[pj 1] 01/2/2022 15:09

Apols, I decided not to post but it has to have something inn or it will not edit.

[noujay] 01/2/2022 15:01

What does the dot mean?

[shrewdmole] 31/1/2022 11:25

Not posted for a while but been reading all the comments.

Real polar opinions here but I’m here for the long run. Same as anything new traction takes time but we have major players leading this.

[elrico] 30/1/2022 14:06

Pro my my most divisive editorial. The importance of ESV is probably not fully understood. INSG are likely one of the best position ft corps to take advantage. https://smallcompanychampion.substack.com/p/esg-good-and-the-bad?r=kcv2o

[banshee] 25/1/2022 19:07

Single invoice?? That is hardly likely, but I'd be more than happy if the majority of the 900k came from an unspecified 3rd source, as that would mean payment for the work for CarVal was going to be on top of that. Not sure how realistic such a prospect is though.

[parsnip1] 25/1/2022 19:01

Banshee, yes the third contract wasn't commented on. Perhaps the terms disallowed any comment. Who knows. The last award was about 5 weeks ago with the accompanying commentary suggesting it was an acorn with a medium term oak tree opportunity.
"This contract win is important. It is consistent with our strategy of building long term sustainable revenues. Even though the initial impact on profitability will not be substantial, it proves our ability to win business in a sector that can be highly lucrative for us over the medium to longer term."

 Either way frustration persists however if you believe the story then timescales are everything. Each to their own. Having attended the AGM and Investor presentation I'm a holder happy to add at these prices. As I say, each to their own.

[nico115] 25/1/2022 16:12

50k at 35pNo surprise there Dlar profit warning yday ..RB picking a lot of losers of late I'm still waiting for 30p and then will look at this The market doesn't like jam tomorrow companies right now.

[pj 1] 25/1/2022 15:38

Im unsure where/ how you have concluded the debtors is an outstanding invoice when the 700k R&D credit is within it?

[banshee] 25/1/2022 15:29

What "new" contract wins exactly? The last 2 contract wins were described as not substantial from memory. While a lot more is expected this quarter it has not yet been announced, prior to that you need to go back to August.. Is that new? They did say in the latest results they had won 3 contracts but only announced 2 ;) While the sum of the outstanding invoices in the those accounts offers a clue as the value to the work for Carval up to early Oct.

[parsnip1] 25/1/2022 14:17

Not posted recently however share the frustration being vented here. As it happens I've bought another 1m+ shares including 100k today. Why? They cannot release financial details of the new contract wins but I suspect they are good. The CEO said they would be profitable H1 and a talent like Colm coming on board for effectively shares (up to £2+). Frustrated? Yes. Despairing - not a chance

[judijudi] 24/1/2022 18:24

Well up to now it’s been an unmitigated disaster

[noujay] 24/1/2022 16:49

Indeed. They need regular, clear and meaningful news flow..and they have indicated it's coming now that the product is in place along with the additional data capabilities secured via the acquisition. Let's hope they fly out of the traps shortly.

[pj 1] 24/1/2022 16:01

Well, yes, lets hope so......but the big risk for example no news for a month, share price crashes in to the 20's , then some good news and it rallies to 30p.

I've seen it so many times.

[noujay] 24/1/2022 15:39

Certainly they have confidently set expectations for this quarter. If they can deliver on them, then given how paltry the volumes have been through this frustrating downward slide we could quite easily see a commensurate reversal to the upside in very short order.

[banshee] 24/1/2022 14:11

The Fund Management industry tends to go into deep hibernation over Xmas for a month or so, with extended breaks for senior figures, possibly exacerbated this year by Omicron. So news is/was always likely to be tilted towards Feb/Mar, assuming it arrives as predicted.

[mdchand] 24/1/2022 14:00

Just to remind us all

'I am pleased to report that both in the coming quarter and beyond, I expect this momentum to build very significantly. We have multiple opportunities: within the asset management industry, most notably for our ESG data scoring, bespoke ESG solutions, corporate sales and our data sourcing and machine learning analytics. Our Portfolio Insights tool can now be incorporated into our ESG solutions. We are also excited to progress our partnership revenue share opportunities, where the scale of revenue streams can be a multiple of a SaaS sale. Beyond the asset management industry, the 4Bio contract win has shown that we are able to apply our machine learning capabilities to other sectors. In the New Year, I hope to be able to provide further evidence of our ability to sell to another vertical. The coming quarter and 2022 should demonstrate our ability to secure multiple contract wins, as we successfully leverage our machine learning technology and exploit it, so it fuels fast growing and increasingly higher margin revenues. I look forward to a very exciting 2022.'

So I would judge this statement at the end of Q1 rather than at the start albeit a War in Europe might be a bit if a problem.

[pj 1] 24/1/2022 12:58

I hope the recent Director buys are not an indicator that any news flow is far off or I dread to think how far this will fall.

I'm currently extremely concerned by the lack of news flow which was hinted at in last years presentation and of which any is yet to materialise.

[banshee] 14/1/2022 16:45

I idly wonder how much of the £1.6 million in outstanding invoices shown in the p/e 30/9/21 accounts released last month will make it onto the cash balance sheet this half year ending 31/03/22. The £1.6 million largely relates to the early October ESG delivery to Carval I imagine, which took place just outside the reported accounting period ;)

As I recall that deal is considered by INSG as significantly less important than the subsequent partnership with the same company, if you had an inquisitive nature it might make you wonder how much the latter will bring in. Then add in the additional deals eagerly awaited by long suffering (or perhaps just impatient) shareholders this quarter.

[74tom] 14/1/2022 12:46

Completely agree, I think it's also vital to understand what the directors paid for their existing shareholdings to know how significant any new purchase actually is...

RNS from 23/02/2018;

"Ultimate Sports Group PLC, the AIM listed investment vehicle, is pleased to announce that it has conditionally raised GBP537,500 from the issue of 10,750,000 Subscription Shares at a price of 5p per share (the "Subscriptions")."

"The net proceeds of Richard Bernstein's subscription for 9,000,000 Subscription Shares will provide additional working capital for the Company.

Total holding post subscription; 9,070,000

Then 15/07/2019;

"Ultimate Sports Group PLC, the AIM listed investment vehicle, is pleased to announce that the Company has raised GBP290,000 before expenses by way of a conditional subscription for 2,000,000 new ordinary shares of 1 pence each ("Subscription Shares") at a price of 14.5 pence per share (the "Subscription"). The net proceeds of the Subscription will be used for general working capital purposes."

Bernstein then issued a holdings RNS on 06/08/2019 showing total ownership of 10,606,000 so he bought the vast majority of the 14.5p subscription shares.


He then subscribed for 140,000 shares at 25p each in the Insight equity subscription on 03/03/2020

We then have 11/03/2021;

"The Company announces that it has received warrant exercise notices from Richard Bernstein over an aggregate of 1,000,000 new ordinary shares of 1 pence each in the Company ("Ordinary Shares"). Of the new Ordinary Shares, 500,000 warrants have an exercise price of 10p and 500,000 warrants have an exercise price of 25p. The exercise of these warrants provides the Company with proceeds of £175,000.

Following the issue of the new Ordinary Shares, Richard Bernsteins's interest in the share capital of the Company will comprise 11,721,000 Ordinary Shares, representing 27.5 per cent. of the Company's issued share capital."


I can't find an RNS to explain how he then jumped from 11.7m shares to 12.4m which occurred between May 18th 2021 holdings - November 19th 2021 which is slightly odd... I presume it must have been another option exercise though

Either way, in total we have;

9,000,000 @ 5p
500,000 @10p (warrants)
~ 1,500,000 @14.5p
500,000 @ 25p (warrants)
140,000 @ 25p

Total 11,640,000

Average price paid per share; 7.53p

You've then 800,000 unaccounted for, some of which have been bought on the open market around 45p average, regardless they won't move the average price much.

So in summary, a 40k buy at 42p doesn't mean much, but this has been a worthwhile exercise to prove my assumptions are correct...