Member Info for Inthetin

Hi LTI

I didn't say the takeover price would be 15p, I said DJP would be in the black at above 15p (see below). I was responding to tonyj's assumption that management would be wanting a lot more (quite possibly they are). If DJP got 30p, he'd be making £4M'ish profit, which would be a reasonable return an investment that cost him £2.6M a few years ago.

"As you know, I think that a takeover is the most likely outcome here. Anything above 15p (company value of £27.5M) and Johns-Powell will be in the black, if my calculations are correct. I would be extremely happy with a takeover well below that price."

Of course, an MBO is also possible.

As far as when a takeover would happen, who knows (I don't). These guys aren't getting any younger and they will obviously want to exit at some point. If the SP goes on a good run, it wouldn't surprise me if something happened takeover-wise within 6-12 months.

Hi tonyj

As you know, I think that a takeover is the most likely outcome here. Anything above 15p (company value of £27.5M) and Johns-Powell will be in the black, if my calculations are correct.

I would be extremely happy with a takeover well below that price.

Finishing quietly but it's been a good week.

Enjoy the weekend.

Hi LTI

OK. Fair enough.

Hi LTI

To be honest, when a company's SP gets decimated by 95% over a number of years, I doubt that management are expecting to receive a lot credit. If they do, then they must be off their rocker.

I'm very happy with my investment in Cyan and confident that I will make a good return. That's all that I'm interested in.

Well, Cyan's 'involvement' in Bangladesh does go back to 2017:-

https://www.lse.co.uk/rns/CYAN/new-10m-purchase-order-extension-in-bangladesh-e2p3gjlhcsq65cv.html

Even though Cyan's 'partnership' with the Ukrainians doesn't appear to have worked out as planned, perhaps the company made a good impression with the Bangladeshis going back to then.

Yesterday's news changed things dramatically.

Now, people could do with going back over the last few years RNS's to refresh their memory on what Cyan was saying back then. The company's 'work in progress' could be quite considerable and ripe for conversion into sales.

£10M (5.5p) has got to be the next step.

£6M?

https://research.arden-partners.com//view_repos/_42b4f83c-9343-45a8-b48d-139aef0f20cb.pdf

At a value of £10M (5.5p) to £12M (6.5p), the same sort of question gets a little bit harder to answer.

Ignoring today's 50%+, is this company really only worth £6M?

I don't think so.

I can't see there being much resistance between now i.e. a value of £5.7M (3.15p) and a value of £10M (5.5p).

".....CyanConnode's largest deployment covering more than 430,000 Omnimesh-enabled smart meters for a single Indian Utility."

This is quite an endorsement.

4p is still only a company value of £7M.

Hi LTI

The difference is I don't get paid £500K pa for my BS.

Hi LTI

I don't understand why are you wasting your time trawling through old posts. Just enjoy the rise.

Company valuation just passed £5M (2.7p), next targets:

£10M (5.5p)
£15M (8.2p)
£20M (10.9p)

Considering JC described Cyan as a £200M company years ago, it's got to be achievable, hasn't it?

3p by Friday looks on.

Is 3p by this Friday still on I wonder.

Today's value £4M - down 88% from 10/17.

Hi LTI

Thanks (I think).

Sorry, when I wrote 'still down 83%', I should have written that, if the SP reaches 3p, it would still be down 83% from when it was 18p in October 2017 (i.e not me).

The message was carrying on from one of my earlier ones.

I do believe that this company will get taken over one of these days.