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Hi CB
Thanks re DGVCL.
Re DJP - since Aug'24, that's over 2% that he has shifted from being held by his company to being held personally. Might it be that the Aug'23 transfer created a tax liability and yesterday's created a loss to contra it? WPS Capital Ltd's Y/E is 31/12/23.
If so, it would still be interesting to know the thinking behind the 04/08/23 transfer of 3.75M shares from ltd co to personal.
Cheers
ITT
Is this referring to Cyan's 300K July'23 order?
https://indianexpress.com/article/cities/ahmedabad/dgvcl-to-start-installing-smart-prepaid-meter-boxes-from-next-month-9085567/
Hi CB
If it was his, his holding would be 10.03% - seems to stack up with the previous thinking, although PG is still out there.
If these 2.9M shares being dumped were part of the recent 10p raise for the privileged few, there is a bit of satisfaction to be had in knowing that they've had to take a £60K knock in the process.
GL
ITT
"May be a bit optimistic as time running out today but could we see SP recovering and into +." - tonyj
I don't think so - finished 20% down and number 8 on the losers list.
After yesterday's hopeless report, sense had to prevail eventually.
Hi jakeandelwood
I love this BB.
Nothing happens for months on end and we have to wade through pile after pile of BS from two poster in particular.
Then, the SP gets trashed by 20% within minutes and not a peep.
Surely someone has something to say about this fiasco. Don't they?
ITT
Can't you feel it tonyj?
They've obviously blown the big India 'opportunity' with Genus & IntelliSmart and are now distracting with MENA & Thailand talk.
Who needs India? MENA & Thailand is where all the 'action' is.
Perhaps India never forgave JC for the greedy 95% GP comment.
Hi tonyj
The market knows every bit of information that's out there the moment that it lands.
Genus has won a huge amount of work over the last few months. If the market believed that there was even the slightest chance that Cyan was going to benefit from any of these orders, the SP would have been marked up, not caned.
I'd put the chances of Cyan picking up Genus work at zero. Happy to be proved wrong though.
"I think JC will now want to make a statement relating to CC's position regarding 'Inhouse' position with Genus."
He can't if there is no such position.
My guess is that the Cyan - Genus relationship is as dead as a dodo. The market appears to think so too, which is why the SP has been caned.