Cyanconnode Share Discussion Threads

[z1co] 16/4/2024 10:59

Looks like 8.20p could be the lows for the day , beginning to turn around.

Quite a few buys over the last half hour

[inthetin] 16/4/2024 09:58

Hi DTB

There are no superiors or inferiors on this BB as far as I am concerned.

I very much hope you're right and that I'm wrong.

GL

ITT

[derek ten bag] 16/4/2024 09:45

I always defer to my superiors ITT, although I think you are being a bit harsh on the BoD. I would be surprised and disappointed if your speculations turned out to be correct. I suspect we are being restrained by a combination of external events and a general lack of investor interest in markets at the moment. The result is that it will need something exceptional to move us to a higher trading range from what, as far as I can see, is a significantly undervalued position.

[inthetin] 16/4/2024 09:29

Hi DTB

It's not AIM that people should be looking at, it's the BoD and others close to them. What are they up to?

You've got Mr Tremendously Upbeat undermining his own 'bullishness' by selling on the same day as he's talking up Cyan, you've got Cronin telling the world that there's a concerning trend in DISCOMs opting for non-Cyan products and you've got today's really positive Trading Update being (rightly) lost, while the markets attempt to digest what's going on in the Middle East etc. It's almost as if the BoD want to bury today's good news. What was the rush to release the TU this week?

Have the BoD agreed to sell at a price and don't want the share price to do its thing and scupper their plans. I smell a rat and I suspect that the smell emanates from them.

GL

ITT

[z1co] 16/4/2024 09:16

That 130,000 trade @ 8.30p is a buy.H/L are currently quoting 8.30p to buy and 8.32p to sell

[derek ten bag] 16/4/2024 09:00

It would be pointless but interesting to speculate where this would be today if the dotcom and biotech boom days were still with us. An excellent update nonetheless. Given yesterday's new order, I can't help feeling that we might be into a run of news. These awards that have been landing over the last few months have to be filtering through to the likes of CC pretty soon. And in some number. An extension to the existing SFA is surely a distinct possibility and another from Genus would be very significant. It would be nice to get some traction from other analysts and commentators, if only to raise our profile in the wider market. It would be interesting to get peoples' views on whether AIM is really delivering for us.

[cousinit] 16/4/2024 08:33

Seems like a very weak day generally.

Gilt yields are moving higher, following US Treasures to a degree from the hot US CPI print last week.

All with the backdrop of the potential for escalation in the Middle East.

So maybe not quite CYAN specific apathy...

[daddy warbucks] 16/4/2024 08:30

The rich ( who normally take up the majority of any share issue) are the ones who want to get richer!

[amt] 16/4/2024 08:25

It's a sad state of affairs on AIM with any company with a hint of a placing is being hammered.

[daddy warbucks] 16/4/2024 08:23

You could be right. Zeus has updated their report but not set a target price!Does that tell us something?

[amt] 16/4/2024 08:17

It's odd the share price has been do weak. I would top up but I worry about a placing.

[boadicea] 16/4/2024 08:14

Managed to bag a few more (50k) at 8.8p. Busy market this morning!
This rns should hold it up for a few days and help any urgent sellers to get out without too much further damage to the rest of us.
However, the essential thing is not just getting the orders but delivering on them and collecting the proceeds - and at a profit, of course.

[stupidboypike] 16/4/2024 08:05

Great news this morning. 80% of fy '25 already in the bag. Lots of upside, limited downside, that's the risk/reward I like!!

Best regards SBP

[multibagger] 16/4/2024 07:52

Now we can understand why Gervais Williams was "tremendously upbeat".....video in the header 23 Jan 2024.

[nick the greek 1] 16/4/2024 07:52

Yes this does seem to be a very encouraging TU.

The backlog expected at 80% of 2025 already in being the real cream perhaps.

Actually it is probably the best written one I've ever seen them do too, no fluff, just factual info, maybe they have a new PR machine at work?

Also the office in MENA is interesting, not sure we can afford it yet but is this possibly another sign that India is going independent?

If the 8p seller is gone this could even go up today!

[techno20] 16/4/2024 07:42

Zeus update note issued. Not changed forecasts as yet or set a target price, but conclude materially undervalued. Surely warrants a return to double figures today! GLA

[babbler] 16/4/2024 07:41

Close that short today imo.

[tinker10] 16/4/2024 07:38

Yes, but no mention of profit. Assumption: they're still not making any.

[multibagger] 16/4/2024 07:34

The company cannot control the stock market, all it can do is to try and beat its own performance. CYAN has just done that in a spectacular fashion.

A pricing disconnect between the "company performance" and "stock market perception/sentiment" is what stock investing is largely about.

[babbler] 16/4/2024 07:30

Good? It MATERIALLY EXCEEDED expectations and is at near 3 year lows.

[amt] 16/4/2024 07:28

Strange update. No turnover given and no cash balance. Does look good in principle though.

[multibagger] 16/4/2024 07:20

Good morning all :)

Another excellent update and fantastic to see the four most favourite words in the stock market

"...materially exceed market expectations..."

"...80% of FY25 revenues in the bag

Let's see what the market thinks, but expect the positive response to be muted.

Hope I am spectacularly wrong !!

Good luck all !

[molatovkid] 16/4/2024 07:10

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