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CI1 - Credit Intelligence

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Trader Paul

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:)

Hi folks,

AAL ..... another junior coal miner, due to list on 10072008 and
our astroanalysis shows us these positive cycles for July 2008:

10072008 ... probably good support on listing ... ???

15-16072008 ... positive spotlight on AAL ... :)

23-24072008 ... positive news expected here

31072008 ... minor and positive (intraday)

have a great day

paul

:)

=====
 
Trader Paul said:
:)

Hi folks,

AAL ..... trading halt comes in, right on time ... :)

have a great day

paul

:)

=====
Click to expand...

hehe yep

"15-16072008 ... positive spotlight on AAL ... "

Business Description
APAC Coal Limited (AAL) is a coal exploration company focused on a project located in East Kalimantan, Indonesia.
 
Actual results were:
10/07 : No support whatsoever on listing and price dropped significantly.
15-16/07: No positive spotlight; just a trading halt / suspension that if anything indicates something negative.
23-24/07: No news at all.
31/07: It didn't trade at all, but if we look at the nearest trading day, it spiked down about 50%, hardly a positive intraday event.

Yet Trader Paul claims another success celebrating the uncanny accuracy of astroanalysis.
 
On May 28th, 2018, APAC Coal Limited (AAL) changed its name and ASX code to Credit Intelligence Ltd (CI1).
 
CI1 turned up on the 52-week High scan (hat-tip Country Lad)
diversified debt-restructuring business operating in Hong Kong. Credit Intelligence provides bankruptcy administration services and Individual Voluntary Arrangement (IVA) consultancy and implementation services. Credit Intelligence has worked with over 30 banks in Hong Kong, including HSBC, Standard Charted Bank, Bank of China and Citibank and has played a central role in shaping the IVA process in Hong Kong.
Click to expand...

absolute minnow, MC $15mill. Somebody's private indulgence, I'd think; why is it on the ASX?
upload_2020-4-7_10-40-28.png


Will stay well alone
 
Growing demand for debt restructuring, lending and insolvency management services
FY20 Highlights:
• Growing revenue (FY20 up 125%) and profitability (FY20 up 384%)
• Consistently paying a dividend to shareholders over past two years
• COVID-19 related unemployment, recession will massively increase demand for services
• Expansion into Australian via Chapter Two acquisition, with plans for new products and services
• Hong Kong and Singapore operations profitable and growing strongly

Completed acquisition of ChapterTwo in June 2020
• A debt negotiation business in Australia.
• Provides informal debt negotiation to individuals in financial hardship due to unsecured debts (credit cards, personal loans and other credit).
• Offers reduced-debt settlements, long-term payment arrangements and mortgage refinancing.
• Strive to offer debt solutions to individuals without impacting their credit rating like Part IX debt agreements and Bankruptcies.
• Focuses on debt solutions that improve the individuals overall financial position and leads them on a path to financial freedom.
• Able to solve client's financial problems by negotiating with Australian banks and financial institutions.

And the most recent Announcement
Credit Intelligence positioned to be a leading BNPL debt management platform through leveraging its ChapterTwo technology capabilities
Click to expand...

But I thought BNPL was debit, not credit. How could I be so naive? And it was probably mention of the association with BNRL that caused the recent run-up? That and AI based Financial Management and BNPL to SMEs
 
Lots of volume and volatility on this one in the last four trading sessions.

The ASX sent them a price query on 17 February but the company said it had no explanation for the unusual trading in its securities, and wasn't aware of any information that had not been announced to the market.

The summary posted by @Dona Ferentes goes some way to explaining why the company may represent value at current prices. It is interesting that all the volume came out of nowhere on what was a very thinly traded stock previously.

big.chart_CI1.gif
 
greggles said:
You did well getting out at 12.5c this morning. It only got as high as 13c and closed at 7.8c. It was all downhill after the spike just after the open.
Click to expand...
Yeah i had five screens open on depth and volume and got out quickly, Wasn't so luckily on EGR ( wanted to hold long term ) though was weighted in to heavily and protected position , You win some and hopefully lose a little ?
 
greggles said:
. It was all downhill after the spike .....
Click to expand...
Credit Intelligence Limited (ASX: CI1) announces that following shareholders’ approval at the General Meeting held on 27 April 2022, the consolidation of the issued capital of the Company on the basis of one (1) security for every twenty (20) securities is now complete.

The post-consolidation securities on issue are as follows:
1) Fully Paid Ordinary Shares: 80,137,020

The post-consolidation options on issue are as follows:
2) Options expiring 31 October 2022: 330,000
3) Options expiring 23 July 2024: 1,810,000
4) Options expiring 2 May 2024: 8,000,000
 
Dona Ferentes said:
Consolidation of the issued capital of the Company on the basis of one (1) security for every twenty (20) is now complete.
Click to expand...
Naw, consolidation continues.

PROFIT WARNING
Credit Intelligence provides an update on key factors impacting the full-year result for the twelve months ending 30 June 2023.

According to the Group’s unaudited consolidated financial statements for the eleven months’ results and other information, the Group’s unaudited consolidated loss attributable to members of the parent entity was $1.5m (including the impairment loss $2m recognized during the half-year) as compared to a net profit of $2.3m in the corresponding period, a 165% decrease. The decrease was primarily due to
(i) the impairment loss recognized during the half-year,
(ii) the increase in employee benefits,
(iii) the increase in cost of development of individual BNPL services, and
(iv) the decrease in revenue from SME credit financing business segment in Singapore.

The Board expect that FY23 results will be finalised in August 2023.

Screenshot_20230619-121955_CommSec.jpg


- Key Takeaway. The market giveth and the market taketh away.
- Minor observation. Less than 2 weeks to create that tax loss in FY23.
 
Last edited:
PROFIT WARNING

Credit Intelligence Limited (the “Company”, together with its subsidiaries, the “Group”) (ASX:CI1) provides an update on key factors impacting the full-year result for the twelve months ending 30 June 2024 (“FY24”).

According to the Group’s unaudited consolidated financial statements for the period from 1 July 2023 to 31 May 2024 (eleven months’ results), the loss was approximately A$11.8m as compared to a loss of A$1.5m in the corresponding period.

The increase was primarily due to
(i) the impairment loss recognized during the half-year ended 31 December 2023 on the carrying amounts of the goodwill recognised on the acquisition of the relevant cash generating units of approximately A$9.4m and
(ii) the loss incurred by the business segments of Singapore and Hong Kong.

The Board expects that FY24 results will be finalised in August 2024. The financial information contained in this announcement is only based on a preliminary assessment by the Board which has not been reviewed/audited by the independent auditors and audit committee ofthe Company, it could be different from the information disclosed herein.

Authorised by the Board of Directors and Released by the Company Secretary-

ENDS

i do not hold this share
 

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