Insig Ai Share Discussion Threads

[ltinvestor] 21/5/2021 18:08

Thanks Parsnip.Long process I’m afraid and no golf till next year...

[parsnip1] 21/5/2021 17:58

A lot of buys showing as sells, including the 150k. Remarkable. Slippers still on, feet still up. LT, get well soon

[banshee] 21/5/2021 11:31

Seconded rafboy.

You can buy in size below 69 at the moment, quite possibly a biggish fairly motivated seller around, esp if Elrico's info about 440k being bought the other day is correct. Some caution might be in order or a good time to buy (classic overhang), depends on next months likely update and the general markt then. I'd guess something like X new clients and Y new licenses but the numbers may well not be large at this stage.

[rafboy] 21/5/2021 10:16

Sorry to hear that LT, here’s hoping you make a full recovery soon. Take care.

[ltinvestor] 21/5/2021 09:10

Mm’s playing around.Good buys Shrewdmole!I suffered an accident earlier this week on the golf course followed by an emergency operation so laid up on my back for a couple of months...looking forward to news of progress being made.LT

[shrewdmole] 21/5/2021 08:29

2 buys for me at 70.4 not shown but sells are showing. Someone really playing with this.

[pj 1] 19/5/2021 19:29

Agree. We even have stocks when you sometimes cannot trade within the then advertised NMS.

[banshee] 19/5/2021 18:36

I remember that once upon a time the system worked fairly well, then quite a number of years ago,, it was "enhanced" supposedly to make it more transparent to the average investor. Since then the reporting of large trades in low nms stocks, has been chaotic at best ime, and misleading at worst, as most of the previous informative trade types where informally abandoned to evade the new regs, and are now obsolete anyway or never used, not sure about further 'enhancements' e,g SETSmm etc since then.

[elrico] 19/5/2021 18:03

44OK Bought yesterday. Does anyone understand why they are not showing on the trades? Someone is playing mug the lemmings!!

[elrico] 19/5/2021 18:01

Poor form manc. True blue bitterness shines bright! 🤦‍a94;️

[manc10] 19/5/2021 17:29

you cant be here as well who told you to buy these oh there all on here lol

[slartybartfaster] 19/5/2021 17:13

Like i said manc, you're more like Sheedy with each passing day. Is this what you live for? Troll a few OPTI holders because you think we sold OPTI for INSG?

I don't mind a bit a banter, but you're pathetic.

[manc10] 19/5/2021 16:12

boooom happy for it to fall below the placing price

[banshee] 19/5/2021 15:19

Thanks for that AS.

[aquaesulis01] 19/5/2021 14:56

Banshee, RB was originally brought in when the company was known as Ultimate Sports Group where he took a 27.02% stake in the company (RNS 13TH March) and undoubtedly was instrumental in changing the business focus and subsequent stake build in Insig, so reversing some of his share dilution following the placing is a very positive statement. From the 28th June 2018 Final Results RNS:

Chairman's Statement and Chief Executive's Review



Our continuing trading activities - primarily through our subsidiary Sport in Schools Limited (also known as The Elms Sport in Schools) - resulted in a combined turnover of £1,369,193 (2016 - £1,248,490) and an operating loss, before non-recurring and exceptional items, of £233,650 (2016 - £287,433).



The UltimatePlayer.me online platform is fully functional and operating satisfactorily. Whilst Ultimate Player took steps last year to expand the reach of its online platform, it became clear that it would require a substantial budget to cover marketing, promotion and advertising to secure its commercial viability. With that in mind, your directors decided that it was appropriate to write off non-recurring and exceptional items relating to the development costs of the platform amounting to £563,325.



During the second half of 2017 your directors concluded that further funding was required for the company to promote its activities and seek to expand its horizons. Due to the limited marketability of the company's shares, any further fund raising for the company was unlikely to be achieved by share placings with private investors. Accordingly, your directors decided that any requirement for additional funds would need to be sourced by a party taking a strategic stake.



In December 2017, an initial meeting was held with Mr Richard Bernstein. There followed in rapid succession a series of meetings, which, despite turbulent market conditions, resulted in a successfully negotiated transaction. Mr Bernstein offered and the company accepted (with shareholder approval) Mr Bernstein's proposal to take a strategic stake in the company. In addition, the company entered into an agreement with Mr Bernstein pursuant to which Mr Bernstein will seek to introduce the company to potential investment or acquisition opportunities.



The details of the entire transaction - which raised new funds of £537,500 before expenses - were announced in February 2018 and approved by shareholders at a General Meeting in March 2018.



Going forward your directors will continue to focus on the development of Sport in Schools Limited and carefully look for and appraise any and all acquisition opportunities, including those proposed by Mr Bernstein. In addition, Ultimate Player will explore new avenues designed to make its online platform commercially viable.

[banshee] 19/5/2021 13:58

My purchases have all shown up, just sometimes a day or two after they were made.

Whether flipping has taken place depends on who was in on the placing, it is certainly possible.

Much more interersting is their relationship with yesterday's buyer Bernstein, he is the head of a mid size US Investment fund, and the winner of various awards. Size wise it's exactly the type of company INSIG are targetting, suggesting that some kind of client relationship sparked his keystone investment, plus he is likely to be well versed in state of the art use of AI in fund management as well. His involvement here should help open doors not least in the US. Also, at least potentially intriguing is that this appears to be a personal investment rather than via his fund managment group.

[aquaesulis01] 19/5/2021 09:58

Does anyone know if the Company intend to hold a live online investor presentation with Q&As? As the company are transitioning from a pure Consultancy Service to an annual licenced Product sales Business, it would be useful to know whether they intend to address Data Maturity throughlife issues with the cultural change that entails in addition to the initial data cleansing activity for their Customers to maximise second year licence retention and uplift.

hxxps://hbr.org/2018/04/if-your-data-is-bad-your-machine-learning-tools-are-useless

[parsnip1] 19/5/2021 08:26

Not convinced any flipping been done. I know of over 400k of share purchases that have been made in last three weeks. Not one shows up on here. Why would that be? Slippers on and feet up, follow the money and pop back in a few months

[chessman2] 18/5/2021 22:00

Gentlemen, I like to think we can stick to discussing the many qualities of the business like gentlemen should normally do, rather than digressing to personal qualifications and the like.

Having said that, it is reassuring to learn we have two posters who clearly know more about computers than me. I look forward to reading interesting comments during the next few weeks and months.

[banshee] 18/5/2021 20:17

Thses sre people who hopefully have in depth knowledge of state of the art machine learning and fund management Aqua, a rare combination of attributes at the moment, and both of which I rather suspect you lack, but it doesn't stop you lecturing the rest of us as if it you had them. But this is tedious, yes I regard you a pompous, self important bore. Live with it and filter me. No point cluttering up the thread.

[aquaesulis01] 18/5/2021 20:02

He's a touchy individual PJ but a bit worrying that a Superior Investment being such as him/herself has such a poor opinion of Business Analysts when Insig AI are looking to send a team of Analysts in to Investment Companies to tell them how they can help them improve their business; let's hope there aren't too many like him/her around

[banshee] 18/5/2021 19:27

I am happy for the price to fall (which is not the same as wanting it to) because I only have a certain percentage of the total number i would like, I would prefer to buy the others more cheaply. I hope this concept is not too esoteric for you to grasp. This methodolgy has made me lots of money in the past, correctly excercised. Naturally you have to pick the right stock.

[pj 1] 18/5/2021 19:17

Banshee18 May '21 - 18:54 - 54 of 57
0 0 0
Personally I am happy for it to fall below the placing price, so I can top up at that level. I would expect any news is at least few weeks off.
===========================================================================

Why would any investor want the share price to fall?

Ridiculous.

[pj 1] 18/5/2021 19:10

Banshee. The issue with your post is that investors should as it infers, ''top up'' near highs, ''topping up'' below the placing price is actually averaging down.

Averaging down is often a self fulfilling phrophecy