Member Info for Inthetin

Does anyone know of a website that shows live trades for free (like Moneyam used to)?

Nice to see this morning's little rise (said the actress to the bishop).

Just received my first call from our supplier (Ovo), asking if I was interested in having a smart meter. Now waiting for them to email me some more info.

https://twitter.com/Cyanconnode

https://www.sharecast.com/news/aim-bulletin/cyan-holdings-enzen-in-irish-collaboration--1484378.html

That must have been a different ROI.

Hi 2cvguy

Fair enough. Sorry about that. I'll get my coat.

Hi 2cvguy

Just saying.

Perhaps you should take a little bit more time before posting, as it clearly doesn't say "Bangladesh to adopt Indore model on smart meters".

Hi 2cvguy

A bit of a difference between "to adopt" and "would like to adopt".

Hi Imperiallondon

If we accept that Cyan has not been subjected to an 'attack' by investors shorting or CFD'ing, in your opinion, why is the market value of the company what it is (i.e. £5m), considering its prospects?

Also, if Cyan is really so well positioned to pick up a fair share of the 250m (?) Indian smart meter market, why do their own brokers have a target market value of only £12m? (I assume that they are basing their calculations on 183m shares - that is right, isn't it?)

Hi Imperiallondon

Thanks. You make it sound like there will be a need to make a legal challenge. Perhaps you didn't mean it to sound like that.

I'm off now.

Cheers

Hi CB

You're probably right but there's no harm in investigating all options. My solicitor is pretty good at weighing up the chances of succeeding, so I'd leave that call to his better judgement.

Hi Imperiallondon

Thanks for your response.

1. Arden (company broker) estimated that cash as at 31/12/19 would be £1m. As they made that prediction just a couple of weeks ago, I have to go with that. https://research.arden-partners.com//view_repos/_b0f34b82-d3c7-4a23-8ddd-15d483e6801d.pdf

Half of that gets spent in January.

Cash coming in during January? I haven't got a clue but, if I was asked to guess, I'd say probably nothing.

That would leave the company's bank balance at £500K'ish.

2. It happened with one of my other investments and Cyan seems to be on a very similar path to me. I hope that I'm wrong but, coincidentally, my solicitor and his barrister are currently working on a derivatives claim, where shareholders are being shafted - so they'll be right up to speed.

Have a fun weekend.

Hi tonyj

No problem.

What I'm getting at is that the problem with the SP might not be what Imperiallondon strongly suspects but could be a problem that is rooted much closer to home. As I have been saying for a long time, if funding is via a private loan, that will be the end for shareholders.

IMO, that leaves a placing as the best option.

Hi Imperiallondon

Thanks but I was more wondering what tools are at a shareholder's disposal to delay/stop the directors & major shareholders just doing what they like. For example, would a derivatives claim be one option?

Andrew Brode - good on him.

In 5 years time, JC will be 70 years old.

Obviously, I have no problem with that, I'm just saying.

Hi Imperiallondon

Thank you for that.

If there was an attempted management or management & selected shareholder(s) buyout for less that £25m - £30m, would you oppose it? If so, what form would any opposition take?

Hi Imperiallondon

Yesterday, I posted that, as things stand, I would happily vote for a takeover if the buyers were prepared to pay £25m to £30m for the company.

Do you have a market cap figure in mind that you would be happy for the company to be sold for now i.e. not after any hypothetical future sales?

Hi Imperiallondon

Not sure. I don't suppose it matters that much either way.

Or it could make its way back down to 1.5p.

You know the answers really:-

** Company's funding
** What's the rush (get in later if there's any evidence that it's a good investment, rather than a punt)

There goes yesterday's £30K buy.