Cyanconnode Share Discussion Threads

[realist1950] 05/2/2018 20:45

free stock charts from uk.advfn.com

[dreamtwister] 05/2/2018 20:31

don`t give up yet we have smart water/gas meters to exploit and all those lovely tax credits,

[realist1950] 05/2/2018 20:23

It's also interesting to see how the smart lighting has somehow leafed it's way back onto the radar, isn't it?

CYAN's much lauded venture with Shanghai Yaming was years ago, spouted prior to further placings yet seemed to fall off the radar, like other things, (TNEB for one) soon after.

I'm afraid the company has a solid track record of:

1) Promising much.

2) Delivering little cash.

3) Funding it's activities of over a decade almost solely on fundraisings.

4) Paying it's directors extremely well.

[realist1950] 05/2/2018 20:09

You are correct Iwaxf13. I don't think the company will consolidate again. I don't think it will get that far.

But will they fundraise again? In my opinion, most certainly. And probably many times.

Going by past performance, they could raise and dilute for several more years. Lets face it, if the company is still having to fundraise even 2 years from now, it will more or less illustrate that their tech has failed to be adopted en masse, with other competing companies and technologies winning the market. The company therefore needs to be doing big business NOW, or better still, 18 months ago.

Only just recently GPRS solutions (a competing solution, which is not what CYAN is offering) have shown to be winning large contracts in India.

lucicavi - unless serious revenue arrives soon (serious = multi-millions), the shares will continue to drop. The price will, to some degree, track the constant outflow of cash here (which is running at, my guess, >£1 million a month). In the absence of cash inflow, 12.5 is the next step here. The stock is in a very well-defined down channel. As cash runs out, the omnipresent 'threat' of another cash-call, crystalizes into reality....and so the drop in the shareprice becomes 'compounded'.

As soon as it's a given they will fundraise again, then you'll see the drift to c.8.5p. Remember, 8.5p would still value the company at around 10M which, on current form and, by then, little cash remaining + imminent dilution, would seem a fair enough valuation to me.

I believe that inflexion point is perhaps sooner than some might think.

I estimate that the company has already burnt nearly £170k this month alone and we're only on the 5th. I think at the end of February, cash will have dropped from a healthy 8.5M (September) to just c.£3M. (This is just my estimation).

Since they will not let the coffers run completely empty before asking you all for more, they could potentially place late next month or perhaps April.

The question is, with not much coming in, how much cash would you choose to keep in the company before a fundraising?

One months outgoings? (£1M) Two months outgoings? (£2M?)

There may be rallies on the way down as the company tries to release good news......and I would not rule out a bullish update prior to the next cash call. But at the moment, it would seem to me that the cash simply isn't arriving quick enough and in sufficient quantities to stave off more dilution.

Call me whatever you want.....but at least I support my perspective with something verging on the reasoned.....unlike the bulls on the LSE (the hapless tony for one) who keeps squarking £5 a share, seemingly not even understanding the basics behind and implications of such a ridiculous valuation.

He was telling everyone 17p was the floor the other week and urging that it was a good entry point.

Unlike him, I'm not swayed by my own needs.

The delayed contract from December may turn up before the end of March, but I really don't think it will be enough imo.

We'll see.

ADYOR. All in my opinion only, as ever.

[dreamtwister] 05/2/2018 13:11

i would of thought john would of hitched a ride on t/may trip to china to salvage the smart lighting.

[mtw] 05/2/2018 13:08

Looking more and more likely to be sold in the "best interests" of the shareholders... and it wont be at £5 a share either... maybe £5 all in if Cronin buys lunch.

[lwaxf13] 05/2/2018 11:22

I don't think there will be another consolidation until it's back below 1p. Though I suspect it will be lights out rather than a consolidation.

[owenski] 04/2/2018 10:10

Soon be time to do another share consolidation again. Otherwise it'll be in single digits again.

Nothing like a bit of manipulation and skullduggery to make things look perky.

[escapetohome] 03/2/2018 23:10

Luci, thats very optimistic of you!!

[lwaxf13] 02/2/2018 16:55

And a great problem to have when you are leading a world leading company with orders falling out of your ... And gazillions of Monopoly money in the company bank account. Must be a very demanding skilled job at cyan managing All the money they have coming in. I can only imagine it involves a lot of whistling and twiddling of thumbs ;-)

[greenelf] 02/2/2018 10:41

Perhaps in time their ego's will also inflate massively.

[realist1950] 02/2/2018 10:36

The useful direction towards the study of 'price anchoring' also seems to be overlooked and dismissed.

How do we properly value something and how the introduction of ANY figure skews judgement.

This is genuinely useful topic for anyone, regardless if they've ever entertained the markets or not.

[realist1950] 02/2/2018 10:29

cancun tango - I posted on the 23rd and 24th that a lot of hot money was going in and that I predicted these were the fresh sellers of 'tomorrow'. Further falls to come and all that.

I have also posted that I feel the stock will breach 10 pence in due course and have reasoned why, including providing a charting perspective with MA analysis.

Meanwhile, on the LSE, the bulls are all slapping each other on the back. One poster, at 17p "this is the floor people - buy in now".

I would never order someone to buy or sell the stock.

It is the blind and ignorant and green bulls (green beyond the likes of which they themslves fully realise) which fascinate. And of course observing the psychology at play of those whose perspective is coloured and clouded by their position.....and their attitude towards the opinions of those without such skewed judgement.

Maybe in the distant past I had the same attitude and perhaps in years to come, they will become realists themselves.

[greenelf] 02/2/2018 10:23

Thus all writing from this source is suspect..endof.

[greenelf] 02/2/2018 10:22

It is not reasonable for somebody to ONLY post negatively on this company, hour after hour, day after day AND profess not to trade OR be invested. Utter hogwash, agenda, yes!! Paid?? Looks like it

[cancun tango] 02/2/2018 10:20

Your frustration coming thru these past couple days wally. Not gonna make the quick buck you thought you were from buying capman's shares?

[johnwall] 02/2/2018 10:17

realist1950 - we all know what your opinion is. It's a perfectly valid opinion, and it may turn out to be correct. But it is only an opinion - none of us know what is actually going to happen with this or any other stock.

It's the way you constantly post about it that has led me, and others I suspect, to conclude that you have an undisclosed agenda, and therefore not to take you seriously.

Actually, I think that's a shame. IMO it's good to hear both the bull and bear cases on a stock, but both have to be presented in good faith for the exercise to be useful. As it is, I now find myself discounting your posts in the same way that I discount the rose-tinted speculation of some of the bulls.

[realist1950] 02/2/2018 10:16

Yup, keep flexing your imagination and stay locked in to your conspiracies greenelf.

What nonsense.

[greenelf] 02/2/2018 10:15

Yeah, keep plugging away. Another day at boiler inc.

[realist1950] 02/2/2018 10:13

You could of course go back to the LSE where you'll find people telling you 17p is (was) the floor etc etc. Tonyj will tell you all you want to hear.

[realist1950] 02/2/2018 10:01

More than happy to go back to fundamentals, reasoned opinion and sensible debate if you wish.