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Hi does any one know what’s happening with this share?
A few things to bear in mind. First, the company will almost certainly be locked into NDAs with all parties it's in serious discussions with, and is therefore constrained from drip-feeding news of progress to the market. If/when there is firm agreement (ie. heads of terms), or indeed if the talks come to nothing, it will be obliged to release an RNS in the usual way. Second, the company is very hard to do due diligence on, with so little information out there in the public domain. Last annual report on Companies House website reveals just how small the company is. The company website offers little and neither the company nor its key personnel tweet or say much on LinkedIn. Ditto Afrik-ID. So as frustrating as it is we have no choice but to wait. I'm invested at various SPs (currently 36% down overall), though I did well on the last spike a few weeks back. I do like the company; they are not a one trick pony, and Covid-19 is clearly not going away. The share incentive scheme also suggests grounds for optimism. Some people on LSE have speculated at length on the recently advertised sales position and whether this is a positive or negative indication of progress. As a retired city corporate finance lawyer who spent years negotiating JVs of various kinds, I would think that all serious negotiations with other parties are being conducted by the SLT, and that as a tiny outfit Catenae simply needs more people during an immensely challenging time. So for my peace of mind I'm trying to adopt a mid-term view, ever-hopeful that positive news may turn up one day in the RNS box. Whether news is a few weeks away, months, or possibly never, I cannot of course tell, though I'm still topping up modestly as SP falls.
Always a good sign. The connection may be between Higgs and HIGGS BLOCKCHAIN - it’s too much of a coincidence in my opinion...unusual name and all that so make up your own minds but certain people posting to dissuade have an agenda.
I’m joining up the dots here - why would someone named Higgs invest over and over taking larger and larger chunks is what you need to ask yourselves and have paid way over where we are now. My answer is positioning a stake here for a takeover imho. The applications across the world and revenue here are huge and mind blowing - that would be the motivation!
A reminder of Higgs Block company...
‘Higgs Block PTE. Ltd, which was founded in August, 2017 and headquarters in Singapore, is subordinated to Higgs Group (Singapore). The blockchain technology is a financial technology group with blockchain technology at its core. With the expectation being "Connect Different", Higgs Block is aimed to provide blockchain asset services of higher convenience and security to the world. Higgs Block has five subsidiaries, which are Higgs Chain, BitUN Fintech, Higss Consulting, Higgs Exchange Group and Exchange Technology. The businesses of Higgs Block cover the application of blockchain technology, financial management consulting, exchange one-stop solutions, etc.
Currently, Higgs Block has completed the overall arrangement in countries and areas like Singapore, UK, Japan, Korea and Hong Kong.‘
IMHO DYOR GLA
Thanks guys for your replies. I guess it is balanced the views here, and I can see all angles. The opportunity is there and with the right product in the app environment one can make millions if you get in at the right price.
As I said, this company looks really interesting and the concept of a passporting-type app is indeed the future. This awful covid has opened up another opportunity here so it's a share to watch closely.
Thanks again and let's hope we get news soon.
Good luck all.
This is correct. No one knows who they are. People are just making things up to make them seem like investors who are in the know. If you're in this share I'd get out now. Its going nowhere apart from down. There maybe be a tiny spike on the way but it will be followed by an even bigger drop.
@JSP123 were does it mention the Higgs have other interests in Blockchain ? I thought no one knew who they were.
I've been in CTEA a while and the key decision for you at the moment is whether the slowdown in updates from the company is a sign of big news or a sign of trouble. The tech is the right thing at the right time, however, the question is can they sell it to big enough institutions. I think there will be a move towards businesses using passporting-type apps to protect their workforce and if CTEA acts quick and aims high & wide, then they will be in prime position to be at the cusp in a change in all our working habits. Right now it is a bit of a punt. The next Trading update will give us some insight into their direction of travel. I'm in and staying in but DYOR.
Good afternoon to you and thank you for your time to reply to my query. Good to know a fellow investor is replying, great minds and all that :0).
Yes, I read the RNSs and too have added the weeks. To have an effective app to tackle the track and trace on time is a plus. To have someone with deep pockets investing here is also reassuring.
I have placed Tcea in my radar now to see what the share price and volume will do in the next few weeks and decide what to do.
In the time being I wish you really well in your investments and here too.
Take care JSP123.
Mr Spacetomato. Nice to see you here. I have read your contributions on Avacta and SNG. I have done well on those - perhaps beginners luck. The RNS on here say the App is ready and the African connection seems like a try before you buy. The blockchain technology seems world class but my knowledge is limited so please don't take my word for it. CTEA is GDPR compliant so it all seems to add up to something with potential. A certain MR/S Higgs have invested heavily and their other interests are related to blockchain and therefore their investment is a better indicator than mine. I think once we get the first few clients this will go well. Not sure it will do an SNG but not many will. Good Luck if you decide to invest.I think the African contract was a 3 month trial and we are approx 5 weeks into that- check the RNS to confirm.
I am invested in covid pharmas at the moment but still have some free cash wanting a potential blockbuster share to buy. I thought to diversify my holdings and after some research I cam across ctea. I did like the CEO's interview posted a while back on this BB and it seems the company is not just a one trick pony.
The fluctuations on the share price here would be really interesting for a day trader, but hindered by the spread. However, the potential spike ctea would get should any good news break here is very enticing. Assuming the current African trials plan out to be good and another contract lands the returns could be substantial. It is risky but one has to take risks sometimes to make it big.
My question would be, how confident are the shareholders of imminent news here, seeing a good reliable app can be attractive to countries in need of a track and trace app?
Thanks in advance for any reply and good luck.
PS: sure I do my own research and it is based on that that I invest, but it would be nice to have a general perception from the BB.
Maybe the 20k buyers are the Higgs
Was there a 1.6m buy at 11:15 ish? Can see the trade on ADVFN but not on the list?
let them sell they will regret it
We should see a strong finish. You don’t want to be out of this one over the weekend, especially with all the news on Apps going around.
Price was rising nicely til Sharebel showed up
How many more I wonder? Why are the MM’s delaying trades?
IMHO DYOR GLA
New regulations mean the hospitality industry faces further risks when welcoming customers back. But there is a simple solution.
Covid-19 has changed the hospitality business, perhaps for good. There is great uncertainty in the industry over future prospects and the actual mechanics of re-opening safely and economically. But after sector sales dropped 87% in the second quarter of 2020, equivalent to nearly £30bn in lost revenue1, getting customers back through the doors is a priority.
Increased regulations, increased risks, increased liability
But to do so is challenging. People need to feel confident in entering hospitality premises and there are many new health and safety measures for businesses to comply with if customers are to do so.
Not least of these is getting customers to give you their personal data. But people are wary of giving away this information, not least due to reports of personal data being kept by the door of premises, visible to anyone who enters.
But for the hospitality industry, it’s now an essential part of the daily routine the industry needs to follow to comply with government regulations. It’s a difficult task, hard to police and leaves businesses exposed to serious risk if data protection legislation is breached.
A simple, powerful solution
Luckily, there is an answer that can not only protect businesses and their customers, but also allows them to build a valuable dialogue at a time when it is most needed.
HospitalityID from Catenae is an app that allows people to provide their personal data in a totally secure form. It is a passport to enter premises that both businesses and customers can completely rely on.
Powered by blockchain technology that ensures data cannot be fraudulently tampered with, HospitalityID only requires the user to enter their name and contact details into a fully customisable app once. They are then given a unique customer reference, displayed as a QR code on their app when entering any premise, which the staff simply scans. The app works as a standalone product or it can be seamlessly integrated into any apps businesses already have.
And that’s it. HospitalityID timestamps every visit and in the event of a Covid-19 outbreak, the business simply requests that the system sends a push notification to the relevant customers.
An opportunity to develop loyal customers
Fully GDPR compliant, customers are in control of their data at all times and have an automatic right to be forgotten by the system at any time. And they can also opt-in to receive offers and notifications, providing the opportunity to turn returning customers into loyal regulars. Additionally, if HospitalityID is integrated into an existing app, all marketing preferences are maintained for each individual meaning businesses can let them know about their new, secure data collection functionality and invite them back with ease.
Yea my locals kind of the same (old large diary anyway). But like it’s been said a lot, people don’t like leaving their details and/or have been leaving false details. Also, I don’t see big chain pubs leaving a scrap of paper or a diary out do you? It’s gonna go on an and the likes of Wetherspoons will just scan it on entry and the persons details will never been unless they need to be contacted due to an outbreak of COVID
If its the same way as my local then its a slip of paper in a cardboard box. Not sure pubs are very sofisticated! (bad spelling deliberate)
‘ The Scottish Government will make it mandatory for pubs and other venues to collect customer details from next Friday, Nicola Sturgeon said’
Now I wonder what will be the best way to do that :)
Universal multi-document wallet for iOS and Android
All data validated and logged within secure GDPR compliant blockchain repository
Paperless proof of validity of certificates and qualifications
Provide visual check of identity
Share secure validated data via one-time use QR code
Time-stamping and geo-tagging of each scan operation
API integration with legacy applications
All data security processes to ISO27001 standards
The completely secure, easy to use Digital Passport
Onsite-ID is a universal multi-document digital wallet App for iOS and Android users. It was developed to allow a user (“wallet-holder”) to prove to a 3rd party (“gatekeeper”) their identity and the status of any qualification or certification they hold, all via the simple exchange of a one-time use QR code.
All documents stored within the system and the proof of the wallet-holders identity are held in an immutable form within our secure GDPR compliant blockchain repository (a tamper-proof store that ensures the integrity of the information being shared).
Initially Onside-ID was developed for the construction industry to enable site managers to prove the identity, qualifications and health and safety certification of the workforce entering their site. The universal nature of the App allows it to be used in any situation where there is a requirement to share original document data, untouched by human hands. This method of sharing mitigates a lot of the risk associated with paper documents and certificates.
With multiple document ability, the wallet-holder can select which documents to share and the App provides simultaneous validation of each of these via a single QR code and displays the status in traffic light form on the gate-keepers device enabling easy differentiation.
The system has two modes for sharing the information;
an open one-way validation
a closed group, two-way validation.
In one-way mode, the shared QR code is readable by any device equipped with QR scanner functionality or App enabling anyone to view the shared details.
In two-way mode both the “gate-keeper” and the “certificate holder” have the App installed on their device, allowing the identity of the gate-keeper to be validated and restricting the display of wallet-holder’s status solely to the gate-keeper. Additionally the scanning transaction is timestamped and geo-graphically logged with details recorded to the blockchain repository.
To further ensure the integrity of the data, in both modes the QR generated is a one-time use code that expires after is scanned to ensure it cannot be copied and reused.
The QR code is displayed on the wallet-holders device screen alongside their validated passport type image allowing the gate-keeper to ensure the correct individual is presenting the details. The ability for a user’s identity and image to be independently validated via a KYC (‘know your client’) service further enhances the integrity of the information.
The App’s open format and its API allows it to be integrated with certification bodies, government agencies etc as well as an organisation’s internal systems (Human Resources, Training etc) also providing the potential to integrate with building management and access control systems.
Do you have inside info on expected news?
Sharebel I have been in for months I am interested in what the government are going to bring out.
Exactly that. You wouldn’t lock in shares from 10-50p if you thought it wouldn’t exceed 5p. The only way this is going from here is up!