Cyanconnode Share Discussion Threads

[major courtenay] 30/11/2020 20:29

Cheers Multi B.

[multibagger] 30/11/2020 17:03

No RNS Major as far I can see ! Just more numpties to deal with. Filtered the poster as with so many others :)

[major courtenay] 30/11/2020 16:38

Or was it only for those “in the club”?

[major courtenay] 30/11/2020 15:19

Didn’t see that. Did I miss an RNS?

[justtrying1] 30/11/2020 13:41

Anyone else take up the placing at 4p

[multibagger] 30/11/2020 12:20

Well done gleach23 - very pleased for you !

[multibagger] 30/11/2020 12:19

Courtesy of and thanks to luckymaybe on the LSE thread: Seems to be on the money so far...6p appears to be key from a technical/chart perspective Posted Sunday, 29.11.2020 at 07:08 hrs "Hi all. I don't post often but like to read daily especially as colour clearly has a problem being happy. Thought I'd put more cats on with the pigeons. I bought cyan at 2.9p just to be clear. I think this company does have a few issues and my purchase is a trade I hope to cash on on around 10p. I use a lot of technical analysis for all my stocks and use it for entry. Looking at cyan the move in price last week appears to be a bullish continuation. The stochastic has turned positive and the rsi has not ventured below 50 and is now rising. Macd is now turning higher. The chart has now a higher low and has confirmed a longer term double bottom. The depth of this bottom is 2p and has a top of 4p. This likely means a test of around 6p is on the cards. 2 golden crosses of 2 moving averages has occured. The set up is positive and I expect a test of the yearly high in the next month. If the double bottom target of 6p is breached I expect 10p fairly soon after. If a top side test fails look for a test of 4p again. A drop through 4 would signal poor times ahead and a failure of the pattern and voids my targets. Well I thought this adding my pennies worth would ruin colours weekend. Sorry. Any thoughts anyone."

[gleach23] 30/11/2020 11:56

Exited my remaining trades this morning. Exceeded my expectations this last week. Wish remaining investors luck. Will be back if it dips.

[mick1909] 30/11/2020 11:33

This share does big leaps then drifts slowly down but higher highs higher lows its all about timing

[multibagger] 30/11/2020 10:39

Bigger trades than usual with circa £5k trades in play over the last several days. Moving stepwise upwards with just a few trades. Looks like someone potentially building a decent stake...but we have been here before. Can dummy buy 50k shares at 5.80p..so may be a seller too in the background ? H1 2020 results should be out in the next few weeks I would imagine and let's hope for some good news ! Good luck all :)

[major courtenay] 30/11/2020 10:18

Probably very sensible. My top slice target is 11 or 12p which I concede is nuts.

[gleach23] 30/11/2020 09:54

Top sliced some profit here as it can move sharply both ways but with only 100 shares showing as available to buy online at the moment it looks promising for a further rise, even after putting on 40-odd% in a matter of days

[major courtenay] 30/11/2020 09:33

This is beginning to feel consistent.

[emptyend] 28/11/2020 09:30

3 consecutive days of decent volume....as there was at the start of July and the start of September. In all three cases the volumes increase was accompanied by a sharp price rise.Still needs to rise materially to get me back in profit.....but it is interesting, especially as most businesses (even in India etc) are now planning for a post-pandemic world.

[major courtenay] 27/11/2020 13:35

Interesting price action.

[gleach23] 24/11/2020 08:29

Although the Bid dropped back to 3.8p yesterday afternoon there remained only 10k shares available to buy online. It's the same this morning so hopeful that this proves to be a base to bounce from.

[bobbieblock] 23/11/2020 13:10

So huge buying opportunity because all the usual business risks and delays have put off the get rich quick punters

[tightfist] 23/11/2020 07:45

You asked: I suspect you may be missing the Trackrecord over the last several years of multiple deferrals, dilutions, disappointments and false dawns. Which has resulted in exceedingly wary or exhausted Bulls?! .For the patient, there are plenty of signs the technology is now matched to the Asian market and prospects have changed significantly - the NED seems be keeping them tightly focussed too - plenty of "skin in the game" here..IIRC a significant annuity-style revenue stream is still a little way away..Cheers, tightfist

[bobbieblock] 22/11/2020 20:11

What am I missing? Market cap £7mil, cash £1.2, cash burn down to £3mil a year now. Debt free. Profit margin 70%. £20 mil revenue from current Indian orders alone over next 2yrs. £50 mil of orders to fill (profit of £35 mil over). Monthly payments guaranteed. What would a 1mil+ order do to the SP? Thailand, Middle East. Wouldn’t be surprised to see Vietnam added to lists. And Covid vaccine to open up markets

[gleach23] 20/11/2020 12:22

Another 250k bought this morning @ 3.871p imo, just reported late. Showing as a sell but from dummy quotes I was doing earlier the buy price was 3.871p even though one could sell @ 3.9p. Upped my spread bet again. Just 100k available to buy currently. Fingers crossed for a turn upwards here.

[gleach23] 18/11/2020 19:59

Good to see the large buys reported late today to hopefully prop the share up above 4p. I had some more @ 3.9p, all positions on a spread bet.

[gleach23] 18/11/2020 08:46

Couldn't resist a top up this morning - - as you say multibagger there's been a new vacuum for a while - on the back of some modest selling I'm hoping what we've seen is just some drift between updates - hoping 4p provides some support on the chart - was watching quantities available to buy and it moved from 500k to 275k so I took the plunge GLA

[mick1909] 11/11/2020 21:23

Did this share hit its peak at £56 around 2006? Was there alot less shares in issue then?

[multibagger] 04/11/2020 07:35

Good morning emptyend and all ! Yes, BoD members moving even small amounts of shares into an ISA shows longer term confidence in CYAN. Though capital gains may take a lot longer to come for the rest of the non-ISA holding for most of us !! News vacuum for a while - hope we will have an H1 update or trading statement and I think that we may have about $1.8m - 2.0m or so revenues for H1(would be delighted for anything higher obviously.) H2 revenues should be much better with India more or less re-opening post-Covid and Thailand progressing too.