Cyanconnode Share Discussion Threads

[shavian] 02/10/2017 10:55

Tightfist, we'll be grateful for a report back from the meeting.

[lwaxf13] 02/10/2017 10:37

Hear hear. Well put and agreed. There is no evidence here of any ability to grow this as a business. I suspect the big hitters who have overseen this pathetic shambles are itching to get their money back that they ploughed into this basket case.

[yump] 02/10/2017 09:45

imo this is all about building up the share price for an exit - its not about building a business - its about presentation - there is no history of building a business but there is a history of raising capital and exiting.

Personally I would be ashamed to be pocketing 300K+ annually with the amount of dilution that's happened here.

[tightfist] 02/10/2017 09:24

Yes dt, Cylux was/is their branding for the lighting solution; I have not heard it said before that they could not deliver on a Chinese order; the only relevant RNS I know of is a small pilot order in July 2014.Cyan have never been bust in the 12 years it's been on AIM; but, for sure, its needed to raise a helluva a lot of cash to survive and evolve its technology and market reach........I, for one, am heading into Cambridge this morning to the GM. I want to sense if the exponential increase in orders is likely to continue (or not).Cheers, tightfist

[dreamtwister] 29/9/2017 19:40

itt

omega trip, i believe cylux was the soft ware used for smart lightning by cyan they took good orders from china but could not deliver the volume,at that time less shares in issue and the share price a lot higher 2008/2009 i valued the company at a higher m/cap, then the dilution began "i can not believe ive been locked in this long" then with board changes jc joined the cyan team and the focus became smart meters from brazil/iran and then india,could history be repeated ?

i wish all investors a safe return on their investment,including rampers like multiblagger & bellend of whom on this thread has had a negative attitude to wards investors that are loosing a good percentage of their investment.

[dreamtwister] 29/9/2017 18:55

correct dave 200x 0.014= 28ps on the calculator and my first computer my. abbacuss 2x14=28ps

[davep4] 29/9/2017 17:38

I believe x 200 dreamtwister

[inthetin] 29/9/2017 16:18

Hi dt

Sorry, I should have asked when you answered my previous query but when did cylux become bankrupt?

Cheers

ITT

[rogerrail] 29/9/2017 15:28

Understand your concerns, it is usual for CEO's to gloss over problems to maintain confidence with investors particularity when clearer waters are in site. Not saying its right but I do trust they will be more transparent as prospects improve and cash flow starts to be generated. IMO I don't think we are that far away and the obvious opportunity is hard to ignore , so to date my level of investment here has been fairly measured until the situation becomes clearer.

[yump] 29/9/2017 12:50

imo problem here is lack of transparency. Almost total in terms of financial expectations.

Its no good mentioning the prospect of contract delivery and then not reporting on it when it was supposed to have happened. I can't find any recent forecasts either. With those problems its not even a calculated risk.

The other prospects you mention are all fairly transparent even if they haven't delivered yet.

[multibagger] 29/9/2017 11:30

Thanks RogerRail for the heads up :)

[rogerrail] 29/9/2017 10:21

A few weeks back I mentioned on here two other shares ITM, FTC along with CYAN that could follow IQE as the next technology multi-bagger.
Looks like ITM are well on the way with todays RNS on a placing and news of the order pipeline.
CYAN I think are also on the cusp, its just that investors don't want to believe it given their record of disappointments ignoring the fact they now have a totally different business model.
FTC's recent trading update has also not set the shares racing, but the tone of the update is very promising and I have no doubt they will win more than their fair share of a fast growing "wireless connectivity" market.

[lwaxf13] 27/9/2017 20:37

29M shares is nothing. This thing has so many shares I need to put my iPhone landscape to get the zeros across the calculator. Thought I might need to buy time on a NASA computer to put all Cyans zeros in :-) I work it out that 29M is 0.16% of 18Billion shares. Or put another way - for every 620 Cyan shares 1 share was traded today. So in the grand scheme of things there was no big interest in this world leading turkey.

[dreamtwister] 27/9/2017 17:42

multiply the share price x 2 will give you the consolidation price.

[shavian] 27/9/2017 17:17

29m shares bought today vs no sales. Yet the share price has not budged. Strange.

[dreamtwister] 27/9/2017 15:09

the consolidation rot has set in,the 0.014 ask price has been stagnant,locking in investors that valued the company at a higher m/cap whilst allowing institutions to average down as witnessed by recent large trades,watching the trades a lot of new investors are not buying with consolidation on the the horizon of 200/1 so on confirmation of consolidation,when the surplus shares that are not the square root are donated to a charity of cyan choice the new investors will take a reality check and sell in dismay. sending the share price to the slaughter house giving the smart money a further buying opportunity to average down,whilst the long term investors wait for the share price recovery on the back of new contracts developing in the mist of time,once revenues are being processed in to the companys account,then the company will be buying back shares from the small investors with a holding under a certain percentage in preparation for the for sale boards to go up !....DYOR...

[lwaxf13] 27/9/2017 10:07

I tend to agree about the only people who will make money here. The free low bar option awards and buy one share get an option free stink to high heavens IMO. All too typical of corporate boardroom financial awards and other people's money. To me these options just look like a nice way to mitigate insider losses on some very badly called share purchases.

[stav5001] 27/9/2017 09:55

When this finally gains some traction, or is eventually taken out, the only people making money will be the BOD and a few new investors.

The PI's hard earned cash on whom this "world class" leading enterprise was built will be left hanging out to dry, world class dilution due to never ending losses and false dawns has seen to that..

The future is bright, the future is Cyan.

Iwax if you make money here I applaud you.

[inthetin] 27/9/2017 08:49

Thanks dt & dp4.

[davep4] 26/9/2017 22:03

This may be the last round of EIS?

[dreamtwister] 26/9/2017 19:59

itt with the change in name from cylux of whom went bankrupt, then cyan becoming cyancannode cyan offset losses keeping their investment threshold under a certain limit,

[inthetin] 26/9/2017 17:41

From 2.6 billion shares to 24 billion shares in just 4 years.

One of the things that confuses me is how this company still qualifies for EIS investment, as my understanding is that 10 years from the start of trade is the max for innovative companies. This one has been losing money for 13 years or so.

Can anyone enlighten me?

[lwaxf13] 26/9/2017 16:54

Watch this tank after the consolidation. Hopefully the world leading team can award themselves more well deserved options at a price way below the share price on the day they arrived. They deserve it after delivering so much for shareholders.

Just so we don't forget the share price post consolidation needs to be 80p just to be back where it was all those years ago when the big hitters arrived.

[dreamtwister] 26/9/2017 16:38

lol simon smith in regression !