Member Info for Inthetin

I really hope JC doesn't go all Elon Musk on us on Tuesday morning and say that Cyan's stock price is too high.

Have a fun weekend.

Good luck with your investment JCEP.

If anyone wants to register for Tuesday morning's (10:30am) investor seminar, you can do so here:-

https://event.webinarjam.com/register/7/10klvtx

Hi CB

Thanks very much for taking the time to answer. Appreciated.

Hi CB

Even though you seem to believe that the Bangladesh is dead in the water, if it proves not to be, would that change everything, as far as you are concerned? Or, is that the sort of deal that you feel Cyan needs to be winning every few months, for the business to be viable?

Hi CB

You obviously know the industry far better than I do and could well be right about everything you say.

Don't get me wrong, I'm not expecting great things from Cyan as a trading company, I'm fishing for a takeover and believe that there's a chance that someone out there might fancy their tech.

I think that I've bought OK and if I'm patient I will get a decent return one day but also concede that I could be calling it completely wrong.

If someone does want to buy the tech, it will go for more than £7M surely.

Hi tonyj

I'm not budging.

I'll let you know if I sell any - you know I like to be transparent. I bought on 27/05/20 and said so. The last time I sold a Cyan share was in Sept'18 and said so then too.

Letting things roll now because I believe the time is right. Fingers crossed.

On 31/03/2020, in the Interim results, the BoD say:-

"the Directors have a reasonable expectation that the Company and Group can continue to meet its liabilities as they fall due, for a period of at least twelve months from the date of approval of this report." (i.e. at least 31/03/2021).

Hi tonyj

It seems obvious to me that there are very few shares out there for sale at this level.

Any good news released now will put extreme pressure on the 'demand' side of things. The SP will have to spike to tempt people into selling to provide the 'supply' side but the good news will also reinforce their desire to hold on.

Could be a lot of fun as and when.

With a little bit of good news, we'll reach the stage when the SP goes up in pennies, not fractions of.

I think that the pool of shares available to trade is relatively small.

There are the big shareholders and then there are a lot of investors who got in at the 25p - 30p level who didn't continue to buy as the SP dropped and they haven't got the stomach to sell at the current price, even if it is three times what it was a few weeks ago.

IMO, there is no good reason for this company's value to be less than £10m - £12M.

I see now that it relates to the 08:24 sale reported at the end of the day.

Any idea why Google Finance wiped out today's rise right at the death? Hoping it's a glitch.

https://www.google.com/search?tbm=fin&sxsrf=ALeKk01wK0cqC9Y-08SBhOF4Qrrh-q-ufg:1592842685389&q=LON:+CYAN&stick=H4sIAAAAAAAAAONgecRoyi3w8sc9YSmdSWtOXmNU4-IKzsgvd80rySypFJLgYoOy-KR4uLj0c_UNkrPLjIoteRaxcvr4-1kpOEc6-gEAUR3yOkYAAAA&sa=X&ved=2ahUKEwix7MSz6ZXqAhU1oVwKHUYJCGEQlq4CegQIBhAJ&biw=1920&bih=888&dpr=1#scso=_1dnwXoDWLsj5gQb4upaABg1:0

Nobody wants to sell.

The company is still only valued at just over £8M.

Hi LTI

Glad to see that it's popped through the 4.2p resistance. Could go anywhere from here.

Hi LTI

Thanks.

I also said this on the 22/05/2020:-

"If the net assets are worth 1.3p per share, the company's losses could be worth 6.5p to the right buyer."

and I said this on the 27/05/2020:-

"I bought some earlier - thinking that this will eventually become a takeover target."

Why not move on and enjoy it, instead of trawling through my previous posts. Yes I've been critical but most of the criticism has been deserved (IMO).

Good luck with your investment.

I think that this will keep ticking up to a £10M (5.5p - 6.5p) valuation between now and when JC makes his presentation.

Anil Daulani is looking forward to giving further updates relating to new orders in due course.

Topped?

I don't think that we've even made it to base camp yet (£12M - 6.5p).

If we could just hop over 4.2p, we'd be farming.

Cheers CB.

The market value is still only £7M.

It was valued at £33M (18p) less than three years ago - therefore, there's plenty of ground to make up.

Joke.