Cyanconnode Share Discussion Threads

[emptyend] 05/1/2021 16:49

tightfist,I wasn't thinking that there would be a monopolistic power grab - but if there is a superior technology, it is not difficult to use it to gain competitive advantage, whatever the context.

[duxy786] 05/1/2021 16:00

Ive been here for a few years, in fact, I created this thread around the time this was one of my medium holdings. Since then I have kept adding as and when loose cash became available. I tend to drop by this thread may have occasionally posted details.



duxy786 - 02 Oct 2018 - 12:21:10
"Still around, still fully invested and in some good profit. Long way to go to my arget price so wont be selling any time soon. Holding substantial quantity. Not adding atm as rest of funds invested elsewher"

====================

Two things, Firstly, I really need to read my posts before posting (spelling and grammar is atrocious lol) and secondly, I may have even doubled from the holding at the time. My average is quite low and its now the highest percentage gainer in my 2021 FP.

Due to personal reasons, I stopped topping up any of my stocks and simply closed trades and re-invested for a while now. Last December, I liquidated everything and created a brand new PF in the last week of December. Some of those investments have done very well in the last two days. more info here:

[tightfist] 05/1/2021 13:55

With their potentially explosive growth in sales, to my mind Cash deployment is paramount.....

[sabre6] 05/1/2021 12:46

I think it's just the fact that CC are at either break even or making a profit aimho

[tightfist] 05/1/2021 12:44

To my mind, and given the cooperative nature of Indian business, anyone who tries to buy themselves a competitive stranglehold would be given short-shrift in the market. If one was to acquire Cyan, I think you would have to be a lot more subtle than that..Regarding the rise, FWIW I suspect that investors are (rightly or wrongly) finally believing Cyan will have access to adequate expanding Working Capital without a placing - "with the current business model", as HP said.....

[major courtenay] 05/1/2021 11:42

And that is a fear, empty. As it is a peanuts price at the moment. And you may be right if they’re prepping the approach / in discussions as we type. My gut feel is there is a pretty good chance Of a pullback, which will shake out traders and froth surfers.

[nilli] 05/1/2021 11:37

Thank you all for your comments. I vaguely remember when JC came on board he mentioned that Cyan would eventually be bought out by a big player. I think he mentioned a valuation circa £100M.
I may be completely wrong on this though.

[emptyend] 05/1/2021 11:31

MC - I'm not expecting things to be particularly "bumpy". If I were looking to take a company out for its IP, the tail-end of a global pandemic would be perfect timing.....especially if the company was on the cusp of closing further orders that demonstrated the value of its IP and potential for growth.Cyan has several partners who would have the capacity to take them out and create for themselves a competitive advantage in tendering. Bidding now would make excellent sense.

[skinny] 05/1/2021 11:28

Tightfist / Major Courtenay - I've held these for years, but only have 10,000 now - I seem to remember buying 500,000 - but can't trace the history - so don't now the price then.

[emptyend] 05/1/2021 11:26

nilli,I suspect there is some truth in that. My guess would be that connected parties have expressed interest in taking the company out and, rather than be held to ransom, that has triggered the director loans and other support.It was always a concern of the Cyan board that they could be "taken over on the cheap".

[major courtenay] 05/1/2021 11:24

Tightfist, that prompted me to check my records - 11 years here and likewise in no hurry.

As to the reason for the rise, it’s all speculation - leaky ship, momentum trading/closed shorts etc. I’m pretty sure though that the retrace will come and it might sting a bit. After that, it all depends on news. The market is twigging that the potential is beginning to crystallise here, the question is to what degree, and how long it takes for the next RNS. Whilst the ride will hopefully be an enjoyable one, I am certain it will also be very bumpy.
MC.

[emptyend] 05/1/2021 11:23

"So my take remains that a BoD moving shares into an ISA is a clear expectation of what they expect the share to do - basically they expect the share price to move upwards and potentially becoming liable for CGT, which could be considerable."To repeat myself, what "Directors expect" frequently has no connection with the outcomes re the share price. As a former Director, I experienced that first-hand with my company and I provided another example.I'd also note that you are making an unwarranted deduction as to their motivation. My own motivation was actually rather different. I would only go as far as saying that it is not a negative piece of news.....On its own, it would be virtually meaningless. But, coinciding with various other recent news, one may perhaps say that it is mildly supportive of other news - but no more than that!

[tightfist] 05/1/2021 11:12

Thoughts? Surely it would have to be at one helluva premium to attract the support of this BoD, read DJ-P's CV! They have plenty of Skin in the Game and look to be in no hurry to cash in their chips.......I have waited 15 years - in no hurry either.....

[skinny] 05/1/2021 11:11

Emptyend - similar story - different name!

[stupidboypike] 05/1/2021 11:01

nili, One thought I had is that the rise has forced out shorters causing more of a rise forcing out more shorters. Just a thought. Best regards SBP

[nilli] 05/1/2021 10:47

This looks more like a takeover story. Never seen Cyan shares rise consistently for more than three days in the last seven years I’ve been a shareholder.
Any thoughts?

[tightfist] 05/1/2021 10:38

And..... the addressable market is vast, they are building recurring revenue, and margins are healthy - even within one of the one of the world's toughest economies! And then there are possibilities of going further up the value chain......

[multibagger] 05/1/2021 10:37

Hi emptyend,

Of course your experience of BoD moving shares into ISAs may be different - but I would point out Matthew Jeffs, CE of Arcontech who moved his ARC shares, and that of his wife and daughter into ISAs a few years ago, when they were at a much lower share price. He and his family have obviously benefited from it.

So my take remains that a BoD moving shares into an ISA is a clear expectation of what they expect the share to do - basically they expect the share price to move upwards and potentially becoming liable for CGT, which could be considerable.

The share price has moved significantly over the last couple of days, so maybe there could be a retrace with traders locking in trading profits, before the next leg up for the share price ?

Good luck all :)

[emptyend] 05/1/2021 09:53

Skinny....no....Mayflower

[ohsod1t] 05/1/2021 09:52

This share has always been a good story. They have a great product at a price that people seem happy with. Over the years there have been multiple placings to support the companies journey to profit. The time has now arrived we hope for profit to be the order of the day. The market cap is tiny, and as long as profit arrives the MK will rise with it.

[emptyend] 05/1/2021 09:24

On your point about directors sheltering capital gains, I once moved a chunk of shares from my dealing account to my wife's ISA after many months of being prevented from trading due to inside info and powerlessly watching the share price soar. I took advantage of a 20% pullback and sat back to wait for further gains. Over the following years, the shares fell 90%.....I also once followed multiple Directors buying in a bus-making company. It went bust.I therefore completely discount this RNS as being in any way significant. (Though of course still think the fundamentals stack up well).

[multibagger] 05/1/2021 07:15

A further RNS of significance..a NED moving shares into the ISA Fortress to mitigate Capital Gains :)

Another dot to join in the context of previous RNSs.....getting "locked and loaded" ? It would appear so !

05 January 2021

CyanConnode Holdings PLC

("CyanConnode Holdings plc" or the "Company")

Director dealing

The Company was informed on 4 January 2021, that Peter Tyler, a Non-Executive Director of the Company and Kathryn Tyler, his wife, transferred 800,000 ordinary shares of 2 pence each in the Company ("Ordinary Shares"), held in a joint account into their individual ISA accounts (400,000 in each of their personal ISAs), at a price of 7.3 pence per Ordinary Share. Post this transaction, Peter Tyler and persons closely associated interests in Ordinary Shares remain at 2,489,004, representing approximately 1.34% of the Company's total voting rights.

[ohsod1t] 04/1/2021 15:11

7.55 to sell. There must be a buy order after all those large sells didn't drop the price.

[multibagger] 04/1/2021 15:11

You are probably right on the money stupidboypike that the "tightly held" shares may well exceed the 34%.

I know someone who has mentioned that he has 2% of CYAN and another 2 have about 1.6% or thereabouts. Then holders like yourself....so we could speculate that about 50% being tightly held.

That could explain the price movements to a degree....and now RNS of auctions...all good for holders esp when the touch paper is lit with some strong commercial news.


Emptyend, this time this move appears to have legs - almost 8p paid !!

I would say that, wouldn't I ;)