Cyanconnode Share Discussion Threads

[estienne] 12/4/2024 09:57

As I said it has further to fall. The question as to how far I can't answer

[inthetin] 12/4/2024 08:44

Hi NTG1

My guess is that you have served your purpose and are no longer required. You can hold or sell your 2nd hand shares as far as Cyan are concerned - it makes no odds to them.

Fundraising is over, which puts you in the Cyan redundant category.

News could pop out at any moment, which could be on Monday or in 12 months time.

IMO, you either hold and suck it up or you sell and perhaps be caught with your pants down when news does eventually come and you want back in.

GL

ITT

[nick the greek 1] 12/4/2024 08:20

I came back from an annual trip to India a few weeks ago and after being adamantly refused access to our offices over there for an annual progress update by Cronin I became very concerned about our position.

Last year I went and was very well received by Ratna Garapati and I came away feeling very bullish about our potential.

This year and largely because of Cronin’s refusal I became very sceptical, why on earth would you not allow a large (potentially larger) investor to see progress on the ground assuming it was positive?

It made me wonder if they have something to hide and even if not I don’t like lack of transparency.

I consequently sold a lot of stock.

Also because in general I feel not much will happen orders wise until the election is concluded in early June, even then it will likely take i while to kick off again, assuming it does of course.

There could be an SFA come in at any time of course or something similar, even another order but looking at the BoDs (lack of) actions over the the drop from 13p to 7p I doubt there’s anything they can do, this morning’s RNS non is also rather disappointing in my book, they haven’t got a clue how to manage an AIM company imo.

Still huge potential here but in general progress is much slower than anticipated and the way the company is marketed to its shareholders (and potential shareholders) is amateurish to say the least in my opinion.

Turn off the screen and leave a buy order in for 5 - 6p seems to be the likely way forward.

Good luck all.

[nick the greek 1] 12/4/2024 07:45

Well you have to hand it to management -
they sure know how to handle a collapsing share price - announce 3 days of larging it up in the Middle East should work wonders to stop the incessant seller.

The man is quite the character he really is.

[markingtime] 11/4/2024 17:53

Clearly a long line of stock that has been for sale.....looks as if they may have found the clearing price?

[derek ten bag] 11/4/2024 16:53

Definitely some smoke and mirrors going on here. We won't, unfortunately, benefit from ITT's thoughts on the matter; he's off on his sabbatical. May not hear from him for another, what.....ten minutes?

[illiswilgig] 11/4/2024 15:46

I bought at 7.69 a few hours ago

[derek ten bag] 11/4/2024 15:11

Given that I've just been quoted 7.67p to buy, I'm wondering just how many of these trades may be buys rather than sells. Can anyone clarify?

[derek ten bag] 11/4/2024 09:47

Good grief! That was quick. You're back already!

Wisdom's good as far as it goes, but it's no fun.

[inthetin] 11/4/2024 09:42

Hi DTB

If I was that wise, I'd have been well out of the stock market yonks ago.

Cheers

ITT

[derek ten bag] 11/4/2024 09:38

How wise you are ITT. At least some folk are dipping a toe in the water this morning. If and when this turns, I suspect it will move quickly. Just my 'umble opinion of course. I expect to hear from you again soon.

[inthetin] 11/4/2024 09:34

Hi DTB

Weaning myself off these BBs for the time being (i.e. doing an MB).

I'll look back in when the next RNS lands, provided that it's an interesting one.

GL with your investments.

ITT

[derek ten bag] 11/4/2024 09:13

Well I, for one, would be very disappointed and surprised if that were to be the case. I feel that we are just suffering from a lack of information from the company. The AIM market isn't what it was in the days of the various 'booms'. It is news-driven rather than speculation-driven and that news needs to come from the company. Soon. We have had two good announcements since the turn of the year, which should underpin earnings going forward and the number of shares traded over this recent spell of downward drift has been pretty small relative to the number of shares in issue. But it is rather dispiriting nonetheless. So, come on JC, time to connect with the faithful.

[inthetin] 11/4/2024 08:56

As you probably know, they can do what they like and unless you've got very deep pockets to take them on legally, you're stuffed.

[daddy warbucks] 11/4/2024 08:40

Are they trying to take this company private?

[derek ten bag] 11/4/2024 07:40

Be interesting to see how we start this morning. After yesterday's drift to what seemed to be an 8p finish, the price nudged up to 8.20p, a slight rise on the day. Very strange. Some folk taking heart at the company's response to Jake yesterday?

[tightfist] 10/4/2024 11:37

Hi ITT, on a different front, I hope all the buyers of those Chinese EV's flooding in the direction of Europe take note of your wisdom - not that I am a potential EV buyer, of any complexion.

[derek ten bag] 10/4/2024 09:28

Well said ITT. This site is like a tutorial for me. As for your last sentence, it isn't that long ago that you were topping up. As did I. So let's hope our confidence is justified. I retain a quiet confidence but, as we say up here, it's a 'sair fecht' at times.

GL

[inthetin] 10/4/2024 09:20

Hi DTB

Thanks for your message.

The business saying (over 100 years old) that I like and keep in my leather Filofax (yes, remember them) is:-

“It's unwise to pay too much, but it's worse to pay too little. When you pay too much, you lose a little money - that's all. When you pay too little, you sometimes lose everything, because the thing you bought was incapable of doing the thing it was bought to do. The common law of business balance prohibits paying a little and getting a lot - it can't be done. If you deal with the lowest bidder, it is well to add something for the risk you run, and if you do that you will have enough to pay for something better.” ― John Ruskin

I'm not going anywhere (sorry JC) - I'll be here until the bitter end (or takeover).

GL

ITT

[derek ten bag] 10/4/2024 09:10

Morning ITT. CC's response to Jake on the other thread was interesting and pretty much what I felt about the original article. And Jake's take on it has been measured and generous. His quote about 'buy cheap, buy twice' is right at the heart of it and so true. JC and the team out there have, I think, some significant influence. They have a superior product which has been well 'road-tested' by now and emphasising the need for quality right from the start is very sound advice. The problem, as has already been stated, was the lack of proper context for the article, which has hopefully now been supplied. I remain confident but I would very much like to see an update, sooner rather than later. News of a significant SFA and accompanying orders is certainly needed as would be news that we have achieved a maiden profit. The bottom line is, after all, the bottom line. So, screw your courage to the sticking place and keep your fingers crossed. GLA.

[derek ten bag] 09/4/2024 17:12

I may just do that HBR. What I am looking for is some idea of when an update might be forthcoming. Interesting day today given that all the trades were listed as sells and yet we only went down 0.61%. I'm going for a lie down. And then I might contact the company.

[inthetin] 09/4/2024 13:36

You can't help but think that one way or another shareholders are in the process of being well and truly effed over with you know who driving it.

[homebrewruss] 09/4/2024 13:05

Maybe message the company? What are you looking for?

[derek ten bag] 09/4/2024 12:59

Can anyone elucidate anything! What on earth is going on here? Or not going on.

[derek ten bag] 09/4/2024 09:33

Can anyone elucidate? These latter two trades are down as sells. Is it possible that they are actually buys? Pretty turgid stuff though, whatever they are.