Cyanconnode Share Discussion Threads

[casholaa] 26/9/2024 11:27

Is it fomo? I mean, they can give themselves loads of shares if they wanted to. (Am I ramping??)

[pillow] 26/9/2024 11:21

Good news today, looks like starting pistol has been fired, about time too.The closed period is of little concern to me as its quite obvious the market has not yet factored in "major new contract"news announced when no one was paying attention. Wakey wakey everyoneThis should be trading around 20p markI think jc knows that and this will get there sooner than later with no news!

[markingtime] 26/9/2024 08:53

Correct re the close period. Nothing to stop him dealing if there is no concrete, unpublished, price-sensitive info in his possession......and it must be quite rare that he can buy in the market.Its a token gesture though - but not irrelevant. Its rarity should be a signal, I think, even though the size is pretty small.

[multibagger] 26/9/2024 07:52

Good morning SBP and all :)

Could be an important purchase from a "messaging" perspective from John though I suspect it maybe a more prosaic matter of portfolios and taxes ? Nevertheless interesting as it is just 15 days after a placement at 9p where he took £50k. A resounding vote of confidence.

I agree with SBP that what constitutes a "closed period" is, as with many things open to interpretation. I expect the market to view it positively !

Good luck all :)

[apotheki] 26/9/2024 07:50

Director share purchase

CyanConnode Holdings plc (LSE: CYAN), a global leader in narrowband radio frequency (RF) smart mesh networks, announces that John Cronin, Executive Chairman, purchased 315,689 ordinary shares of 2p each ("Ordinary Shares") at a price of 9.5 pence per share on 25 September 2024.

This brings John's interest in the Company's issued share capital to 7,390,092 Ordinary Shares, being 2.06% of the current issued share capital. John also has interests in 5,672,359 shares held jointly in the Company's Joint Share Ownership Plan ("JSOP"), being a further 1.58% of the Company's issued share capital. This brings his total interest over CyanConnode Ordinary Shares to 3.64%.

The total amount invested in Ordinary Shares of the Company by John Cronin to date is £1.32 million.

[stupidboypike] 26/9/2024 07:32

He is only precluded if he is party to news that would materially change the share price. Deals in progress which have not yet been signed would probably not count.

Has to be a positive when the CEO who already owns a lot of shares buys another 300k, I think ntg had it right risk/reward here is very very good. I have(for me) a large investment and I am looking forward to it coming good.

Best regards SBP

[homebrewruss] 26/9/2024 07:27

Or this is the last chance for him to buy before news 🤔

[bskiny1] 26/9/2024 07:18

I guess no news now for a while....

[gleach23] 25/9/2024 17:50

Nice late trade reported of 315,689 shares @ 9.5p timed at exactly 3pm which coincides with the tick up on the Bid to 9.2p.

[from russia with love] 25/9/2024 15:48

Window of opportunity to buy under 10p closing rapidly.

[big_brown_bear] 25/9/2024 14:31

SQUEEZE TIME

[mrs whitebait] 25/9/2024 14:16

Get on board! Get on board! Come and join the Double Deckers.
Take a ticket for a journey.....

Lid about to blow on this one :-)

[johnwall] 25/9/2024 13:44

The trade of 848,751 shares at 9p, reported at 12:30pm, isn't showing up in the totals so is presumably delayed from yesterday?

[nick the greek 1] 25/9/2024 10:25

Hi tightfist

I doubt there’s any forced redemptions here but who knows, maybe.

I can be very cynical about this stock but I have to say I now think it’s an extremely good risk/reward bet over the next 6 months or so.

We’ve got some serious financing in place at a premium, just doubled out order book, have a monumental amount of potential for further orders and solid interest in acquiring a stake in us from a GoI backed conglomerate that gives us our orders! We’re now in profitability and should not need to place any further unless it’s to fund growth.

The positives look like they’re aligned.

All of the above and virtually no movement in the share price so far, that will hopefully come in due course.

Personally I think the share price should be between 15p - 20p currently.

I increased at the placing to avoid dilution and to retain my 1%, as did most large holders from what I hear (although not S Chari which is interesting) and my trading pot is full too though I would increase that on falls if I see no obvious reason.

I’m hearing this is being very much “run” from India now and thus the management there and especially the Intellismart “partnering221; give a strong buy signal, at least to me.

Let’s see what happens.

Don’t forget all those years ago what Peter Mainz said about “when the orders start to come!”

[tightfist] 25/9/2024 08:42

Hi NTG, I agree, I don't think it's a voluntary Flipper either. .Q: Is the current Market Fear factor sufficient to drive funds into forced redemptions territory? .That could result in a painful overhangs situation, that could last some months? tightfist

[nick the greek 1] 25/9/2024 07:36

Yes, as we pondered on Monday in my post 8751 there is my suspected late booked sell at 8.875p of 1.75m shares which has presumably eaten up the large incoming buys around the placing price of 9p.

So questions now are : -

1. Has the seller fully cleared?
2. Are/is the new large buyer/s prepared to pay more than placing price at 9p?
3. If they are then will "flippers" from the placing appear and come in for 10 - 20%?

Personally I now don't think the large seller of late (1.75m shares) is a flipper as, at 8.875p their clearly making a loss plus 1.75m shares is a lot for a flipper to take on!

No TR1 either as yet to show a large holder reducing.

Good to see the volume up anyway.

[amt] 24/9/2024 22:19

Yes but it sounds like they have their head in the sand and it will be too late by the time they realise that everything is moving overseas.

[beeezzz] 24/9/2024 21:40

There are serious concerns about AIM as a functioning market

[gleach23] 24/9/2024 21:35

No I can't DTB, although I don't see that on my view today.

Noteworthy very large trade reported after the bell of 1.75m shares @ 8.875p which looks like a sell.

[derek ten bag] 24/9/2024 17:02

Around one percent changing hands today by my reckoning. But, gl23, can you explain these occasional pairs of trades where one is for, say, 50,000 and the other is for -50,000? What's going on there?

[gleach23] 24/9/2024 14:36

Hi DTB...it gets tricky when dealing with trades reported late by 1 hour and sometimes 2. One can look for resultant moves in the share price but otherwise one is left not knowing what the spread was at the time of the trade. Unless one was trying dummy trades at the time, that's not always straightforward as one can sometimes buy below the mid-price and sell above the mid-price.

Today there are 2 trades of 248,751 timed an hour and a half apart, both @ 9p which look to me as though they offset buy/sell. The 4 x 300k trades were reported 2 hours late and look like buys to me. I try not to waste too much time trying to work it out but it's very tempting to try when the trades are large.

Big churn again today (2.3m shares traded so far) so, to keep a positive hat on, hopefully any seller has been further eroded.

[inthetin] 24/9/2024 14:12

The way I see it is that someone wants to buy as many shares as they can get their mits on but are not prepared to pay more than 9p'ish.

Good luck with that.

[derek ten bag] 24/9/2024 13:20

Well if yesterday was hard to work out gl23, what do you make of today? Trying to work out what are buys and what are sells is akin to reading the entrails. I suspect ntg's analysis on Monday was pretty much on the button. But I think we can all agree that what we really need to move the dial is significant news, either of new, large orders or something corporate and positive. GLA.

[gleach23] 23/9/2024 15:10

So far today there have been 5 reported trades of over 100k. I tried to work out whether I thought they were buys or sells and had the first 2 down as sells but then gave up and told myself just to be satisfied that it's going up on volume :)