I hear "sincerely" quite clearly.

"and I mean that most sin-cerely"

The "-ly" comes just as the Dave plays that little guitar sting.

I hear sincere... and then it sort of fades off. I think he said sincerely quite clearly, it just didn't get picked up as well cause his voice sort of gave out. Like when you scream so loud that you stop screaming... if that makes sense.

I hear "Sincere" and thats it.
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I've always heard "I mean that most sincerely". I'll listen to it again and see if I can hear where you thought it was "ten-say".