Member Info for Inthetin

Hi LTI

There was a bit of discussion about whether or not Monday's 350K order was in fact the 'significant contract' order mentioned by JC in the 2020 Annual Report.

IMO, they must be one and the same order because the directors wouldn't be able to buy if they were in the advanced stages of another significant contract. Does that sound right to you?

Hi Alamal

IMO, this is its ceiling until something extraordinary happens, with somewhere in the 3's as the base.

Is that £20K buy JC's I wonder?

Does anyone know what's going on with the multiple 200K transactions?

Hi tonyj

Sorry, you're wrong, 7p wasn't my goal. All I said was (after the 430k unit news) that that news was a real endorsement and that the company had to be worth £10m.

I don't have a target, I'll just hang around until we're bought out.

IMO, you don't need to read too much into it. It's just an attempt to show a degree of confidence being shown by the partakers.

There are a couple of people missing, who haven't been mentioned yet. I wonder if today's 200K purchase was you know who.

Hi Alamal

As nobody really seems to understand how Cyan converts what it does into cash, we could do with quarterly accounts being prepared and released to help.

We now know that the 15 months to 31/03/2020 was a disaster because we can read the accounts.

Even though Heather and John tell us that things have gone well since the P/E, it would be good to see the company's accounts covering the quarter from 01/04/2020 to 30/06/2020 because their words are not too reassuring. Obviously, that's not going to happen and we now have to wait until December for the 6 months accounts to 30/09/2020, by which time the SP will have yo-yo'd a few times between 3p and 5p, unless something major happens ( IMO).

Hi tonyj

The rise today is pretty much identical to the rise at the beginning of June. It isn't a general rise, the SP hits a ceiling of 5.5p and then declines.

The company is still valued at less than it was 12 months ago, when 430K or 350K unit orders would have been dreamland.

Something isn't right and it's probably to do with the market's trust in the BoD.

Hi tonyj

You've got to admit, if the SP finishes the day at 5p'ish, that is an extremely disappointing reaction to the news. Understandable after the last 8 years but disappointing all the same.

Seems to be struggling to break through the £10m valuation mark, which is where it was 12 months ago (5.6p on 16/09/19).

Perhaps, JC's new order (when it eventually comes) might do the job.

Hi Vas

Well done on your Friday buy.

I can scrub my weekly Friday post template then.

Seems like another pretty good endorsement to me.

Hi tonyj

Bought a few more this morning at 3.7p'ish, when you could see the swing in trades from selling to buying.

These 15 month results were never going to be any different.

Shareholders can read the BS, they don't need to be fed it by video.

There are the £63M of losses to be reversed before shareholders can see any dividends. That's why, if it's anything, this is a buyout punt, not a proper investment.

Hi Vas

I'll try to remember each Friday but if I forget will you do the honours, please:-

"....we are pleased to report that we are at an advanced stage of agreeing a significant contract for a large number of units." (John Cronin 04/09/2020) - 0 weeks (and counting) ago.

Hi tonyj

You never did respond to my question on Tuesday:-

"Will you be disappointed if the only news we get in September is a report showing a £5.5m to £6m loss for the 15 months to 31/03/2020?"

It's a bit of a silly name really. As a shareholder, I trust that they didn't pay someone to come up with it?

Hi LTI

That's why I put "I would guess" in front of it.

Us Cyan shareholders are a patient sort and good at waiting.

Hi LTI

Yes, and the order made by L&T 18 months ago was for £370K.

I would guess that Cyan is an irrelevance as far as their business plan is concerned.

Hi LTI

Thanks. Was the latest one that you are referring to from 18 months ago?