Member Info for Inthetin

Any 'money' that was still in got out on Monday, assisted by a little rumour (started by who knows) to create a brief window of opportunity to escape.

Monday's volume was the highest of the last 12 months, apart from when news of the first licensing agreement with a Chinese partner was released.

However, on this occasion, there wasn't any news to trigger the 'action'. All of the day's details are logged in my black book.

Mugs getting in created an opportunity for 'money' to get out.

Come on JC, don't hold everyone in suspenders, spill the beans.

We will.

What's the betting that shareholders will be told that there's been a delay in income landing (obviously no fault of Cyan's) and that they hope cash and orders will land in Q4 but more likely in Q1 2020.

As good as.

TJ, you know I'm right.

£2.4m - Cash balance as at 30/06/19
£0.8m - HMRC donation
-£2.4m - Costs (£600k x 4 months to 31/10/19)
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£0.8m - Cash balance as at 31/10/19
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Don't forget the Q3 trading update is due too, showing revenue for the period as nil (my guess).

No, it's not from a week ago, it's dated 17/06/2016 i.e over 3 years old.

Hi 2cvguy

My point s that JC did not say maybe Oct, Nov, Dec, Jan'20.....whenever, he said October. He's still got two and bit weeks - plenty of time yet.

I really don't care at all about your tolerance/patience threshold, it's about JC's inability to execute his forever morphing 'business plan'.

I'm out of here now until Halloween.

If JC doesn't provide an update by the end of October, the market will have an even lower opinion of him, if that's possible.

No, JC definitely said October.

"We are currently working on a large number of tenders which we believe will result in substantial new contract wins for the Company by end of October"

JC only wrote this a month ago. It's quite clear what his expectations were at that time. Nobody forced him to say "by the end of October", that was his call to be so specific.

That was a waste of £200 (£40 per hour).

Not only do LSE suspend me for no good reason for 48 hours but they appear to have switched off my ability to tick up posts.

Agreed CB.

"The Company is working on several large tenders, both in India and the rest of the world, which the Board believes will result in significant new orders in H2 2019 which the Company hope to announce before the end of October 2019."

The big announcements are less than four weeks away.

...keep their fingers crossed and pray. Sounds familiar.

https://www.investorschronicle.co.uk/shares/2019/09/18/smart-metering-systems-bets-on-recovery/

...should land in 2 to 3 weeks.

What will the sales for the third quarter be I wonder?

My guesstimate is that sales will come in somewhere between nil and nil.

Or was the first buy of the day last Friday (i.e. the 250K) designed to dupe watchers into becoming buyers.

Whatever its objective, it appears to have failed.

I wonder if today's 250,000 seller is last Friday's buyer of the same (hoping for news early this week but disappointed).