Insig Ai Share Discussion Threads

[dennisbergkamp] 26/10/2022 22:12

Glad I took that profit a few monthh ago.

TBH, there are many stocks that are trading at silly levels

D

[judijudi] 26/10/2022 14:06

Now we are at all time lows
Appalling performance isn’t it?
imho

[banshee] 25/10/2022 17:29

1.5 deals so far with only a few days before EOM means no-one is happy, though the disruption in the pension markets has probably not helped. Best hope any delays are only till November.

[judijudi] 25/10/2022 08:51

What’s next a placing or yet another “keep us afloat” loan from RB?

[noujay] 19/10/2022 14:42

Some colour on the latest partnership announcement:https://braincompany.co/brain-insig.htmlAnd below are details of the first dataset release following the partnership:https://braincompany.co/blmcf.html

[noujay] 12/10/2022 09:35

£650k available to drawdownc.£650k R&D creditBalance of £1.2m forecast revenues - £600k (actually H2 weighted)£250k pm burn = 7 months wc to switch on recurring partnership revenues/sign up further clientsWhich, unless the math above is incorrect, aligns with what they have messaged. So..not quite lights out time just yet.

[judijudi] 12/10/2022 07:47

OMG I cannot believe the rate of knots that this shower are burning through the cash provided by RB and DK
How much is it now they’ve drawn down in a matter of months? I’ve lost track 🤦🏻🙈😩
And only £650k left if my sums are correct 😩
A pitiful share price performance to date since re listing
Rabbit and a Hat required
All only imho

[noujay] 04/10/2022 07:30

Re CarVal partnership. It seems that the AB acquisition, always assuming that the Insig component contributes to improved returns/performance, has the potential to be very positive. The fund quantum seems likely to be higher via AB clients being driven to CarVal products (they acquired them at least in part to expose their existing clients to private credit and other alternatives) which will result in greater AUM from which Insig partnership revenues are derived.First fund seems likely to launch over the coming months and, having completed an intensive build of the supporting tech whilst concurrently ensuring it meets stringent regulatory compliance, the act of adding further products/funds to the platform going forward becomes comparatively very straightforward. Given the recent performance of the partner, once plugged in this could start to ramp quite quickly.

[banshee] 03/10/2022 16:33

The issue of funding was raised, but they didn't seem very concerned. Maybe they think that Carval's HY fund will launch in the next six months, which seems likely.

Carval, incidentally is going from strength to strength, and now has $20bn+ AUM I believe. Proof positive what a fund manager open to innovation can achieve.

[pj 1] 02/10/2022 21:07

Banshee

Despite our differences I thank you for taking the time to report back, it is appreciated.

By the sounds then it's going to take some time still to gain traction, which leads to the obvious question of funding.

[banshee] 02/10/2022 13:11

On the subject of their company database that has grown from 200 to 2000 in the last 12 months -as per results - and now contains a 150 million sentences, INSG reckon that from their typical clients perspective there are only about 2500 investable companies worldwide, so this expansion in company numbers will be coming to an end, although the depth of information available per company contiues to grow rapidly with output per company broadly tripling in the last few years. Some clients will have additional requirements and these will be processed on a request basis.

Their technology is well received by everyone they have presented to, but covid and less predictably the invasion of UKR have definetly impacted timescales with one contract due to be signed on the actual day of the invasion, for example, postponed for several months as the client basically shut up shop.

There is also the matter of Fund Managers being less accustomed to innovation of this type than other industries, with some having conflicting desries to improve performace whilst being cautious about being first or early adopters. Innovative fund managers do exist though and these are the ones forming the early client base. The first contract with Carval was a loss leader to establish the principle, but following on from its success the second was a long term profit sharing arrangment. Commonly though in this sort of situation, once sufficent traction has been gained the position may well reverse with no-one wanting to be left behind.

[banshee] 01/10/2022 12:18

A bit of detail then, INSG were very much involved in the Carval sale procesa, presenting to AllianceBernsteins datascience team,this obviously went well which is why they see further opportunities there. Additionally, Carval and others are trialling their return/performance enhancing s/w (which Friday's RNS relates to).

On the acquisition front they are not currently expecting to make any near term and don't anticipate making any more payements for last years purchase FDB Systems, while FDB's products are selling independently INSG say the deal wa structured so that further payements were unlikely, the primary purpose being to enhance the ccmpleteness of INSG's product offering. So the ultimate purchase price would presumably be £3.8 million made mainly in shares (with a small net cash componen) - at today's share price equivalent to about £2-2.5 million.

As we know they are targetting multiple profit sharing deals but have don't firm timescales, though obviously they have one candidate out in front as per the results. Such deals should generate significant recurring revenues for 5-10 years.

more later

[banshee] 30/9/2022 20:32

MFS came as a shareholder and asked a few questions, he seemed pretty on the ball. There were about 8 Shareholders or so in total plus the board of INSG and 3-4 of people from the brokers/pr. The room they hired was compact, and everyone sat around a table with a few people standing. The format worked well and all the board members were helpful and aswered all questions in detail without breaching any confidentiality, Colm and RB especially.

I'll post more detail about questions later unless LTinvestor wants to.

[pj 1] 30/9/2022 20:07

Thanks

So, the obvious question to ask was what happened to his Business Plan he got the RTO away with and why didnt he explain that his role was very short term?

Why in his Company presentation post RTO did he state '' where We are taking the Business''?

More importantly

What Q's were asked and what were the A's?

How many attended?


Etc Etc

ps. thanks for making the effort to attend.

[banshee] 30/9/2022 19:55

Not a presentation as such, more an hour long Q&A session. The former chairman turned up as well.

[pj 1] 30/9/2022 18:57

ltinvestor30 Sep '22 - 13:01 - 922 of 923
0 2 0
Excellent Agm…
===========================================================================


Itinvestor

I would be interested in any feed back from the AGM

Did the Co. do a presentation for those attending? What in particular left you feeling so positive?

Cheers

PJ

[banshee] 30/9/2022 16:23

This mornings win is important because it is specifically about improved returns, not ESG, i.e the other core string in INSG's bow - and something Active fund managers are sorely in need of to distinguish themselves from Passive funds. It would be a very promising sign, to see them generating traction in this new and potentially very lucrative market with a few more such contracts.

Speaking of which, in this case I believe, the client in question has an interesting partner.

[ltinvestor] 30/9/2022 13:01

Excellent Agm…

[judijudi] 30/9/2022 08:31

Meaningful size 🤷‍a94;️🤦🏻🙈

[noujay] 30/9/2022 08:07

Good win of meaningful size and short term delivery, with more to come per the last update.Separately, perhaps also useful to note (mid term) that the significant recurring revenues from their CarVal partnership will flow in USD. Certainly won't hurt when set against a Sterling cost base.

[judijudi] 30/9/2022 07:45

IT,
You won’t

[ltinvestor] 30/9/2022 07:23

See you at the meeting this morning Judi.