Cyanconnode Share Discussion Threads

[rochdale] 16/9/2017 13:09

Interested what other shares people hold if you are happy to divulge.
I like battered companies who have failed to deliver but show signs of maybe turning corner.
I only have two significant investments currently CYAN and KROMEK.

I am looking to invest in another couple so all suggestions welcome in order that I can do some research.

Have been looking at Karelian a little.

[davep4] 15/9/2017 23:52

Iwaxf13, for your persistency you deserve to be awarded options.

[davep4] 15/9/2017 23:43

Yes Yump this is VC - at it's best or worst!

[emptyend] 15/9/2017 18:34

Not really. At least there is a growing established market for Cyan's products - unlike with many VC fundings.

[yump] 15/9/2017 17:03

I thought 'contrarian' was investing in an established profitable stock when its out of favour (eg Centrica), not when it was just risky and loss-making... this is pretty much like Venture Capital investing.

[emptyend] 15/9/2017 16:28

Well I just took the opportunity to round off my holding to an even number of thousands of consolidated shares and to average down on my price. This is now in the category of a "big punt" for me, but I do feel they should be on the cusp of some serious progress. A trebling by the end of 2018 wouldn't go amiss.....

[multibagger] 15/9/2017 16:04

Thanks SBP - much appreciated !

My contrarian investments with a 3-5 year time frame come off well, more often than not. Though I have had my share of dogs in an earlier phase of my investing career ! Who hasn't ?

The CYAN share price has picked up a wee bit now though...and if you look at it from a market cap point of view, then it is a small improvement.

Good luck all :)

[bscuit] 15/9/2017 14:53

8 to 6 figure holding-- grrr.

I believe. but patience has been sorely tested. Is it now in the 99.9% club? Discount and dilution is severe.

Concord doesn't fly anymore etc.

[lwaxf13] 15/9/2017 14:50

I think all investors should be put on a level playing field and get one free option for every share they buy or currently hold. This will ease the pain on the losses. Options are traditionally awarded to "key personnel" though at cyan it seems they are dished out like confetti :-)

[stupidboypike] 15/9/2017 14:23

multibagger - good luck. I'm in with a MUCH smaller holding than that but very hopeful over the next few years that it will indeed multi bag!!!

Best regards SBP

[stupidboypike] 15/9/2017 14:22

Just to allay any fears, the maximum you can lose in the rounding is 199 shares. That's around 30 pence

I've been around here for a good few years and topped up this morning. I know it has been a very long time coming but this looks set to come good to me over the next 3 years. If I'm wrong in that timeframe I'll gladly admit that I was had.

Best regards SBP

[dreamtwister] 15/9/2017 14:16

50 shares per million consolidation,"market maker spread" will be a lock down on the share price and then further dilution will be a holding for davy jones locker!

the bod have low ball options to exercise,to up hold their investments !

should be a surge in buying from the rampers to average down prior to consolidation may lift the share price as a exit price & hopefully a profit for investors.

if you hold ensure you round off your holdings or loose the surplus of the square root.

atb

Share Consolidation

As at the date of this Announcement, the Company has 17,908,626,674 Existing Ordinary Shares in issue. The Company is proposing to reorganise its share capital by way of the Share Consolidation. Upon implementation of the Share Consolidation, Shareholders on the register of members of the Company at the Consolidation Record Date, will exchange every 200 Existing Ordinary Shares of their holding for 1 Consolidated Share. Shareholders with a holding of Existing Ordinary Shares which is not exactly divisible by 200 will have their holdings rounded down to the nearest whole number of Consolidated Shares.

The Board believes that the Share Consolidation will result in a more appropriate number of shares in issue for a company of CyanConnode's size in the UK market. The Share Consolidation may also help to make the Consolidated Shares more attractive to future investors and may result in a narrowing of the bid / offer spread, thereby improving liquidity while also lowering price volatility.

Approval for the Share Consolidation will be sought by passing of the Share Consolidation Resolution at the General Meeting. It is proposed that the Share Consolidation will take effect following the conclusion of the General Meeting, and prior to Admission.

[rochdale] 15/9/2017 13:26

The only thing that keeps me sane here is the thought that the persistently regular rounds of fundraising hopefully indicate that the CYAN story is believed by people with much larger pockets than I have.

They may, of course, be very wrong.

I shall stick around and find out.

[multibagger] 15/9/2017 12:55

From today's RNS:

Current trading

"...The order book (representing the value of purchase orders received but not yet delivered) currently stands at GBP28 million giving a high degree of comfort over 2018 revenues. Additionally, the Company has GBP24 million of expected software license/support revenue from the UK smart metering contract, which is expected to start rolling out in significant volumes in 2018. The total current sales pipeline of potential contracts to close within a window of 6-12 months stands at $358 million, of which $84 million are in India and $274 million are in other developing and developed markets across the world...."


A 25% dilution at 15% discount, but market cap post fund raise and consolidation remains circa £ 33m.

Either you believe in the story, or you don't.

I believe and currently hold a large 9 figure stake in CYAN which will be in 7 figures post consolidation.

Paper loss today £100k +....not worried :)

Good luck all !

[multibagger] 15/9/2017 12:46

More detail....

hxxp://cyanconnode.com/presentations-and-videos

[dreamtwister] 15/9/2017 11:55

expensive pay rise !

[dreamtwister] 15/9/2017 11:51

200/1 on the donkey @ blackpool golden mile !

[dreamtwister] 15/9/2017 11:50

longterm holders that valued the company at a higher m/cap.....shafted !

[dreamtwister] 15/9/2017 11:48

yes john cronin !

[dreamtwister] 15/9/2017 11:47

is their a shorter in the room !

[lwaxf13] 15/9/2017 11:07

Lol another BRR production!!! We should have offices in Hollywood and Bollywood. I will skip this episode. I find them so cringe worthy and full of the never ending hot air. Be great though if we could get them on Netflix and get royalties from them :-)

[davep4] 15/9/2017 10:52

With regards to Iwaxf13 comments, when JC joined Cyan the share price was 0.4p and it's now 0.14p, a dismal preformance.

However in fairness to JC, when he joined Cyan, the share price at 0.4p vastly overvalued the company and it's prospects at that time.

In due course we will find out whether or not Cyan is a completely different company from what it was and if JC doesn't pull a rabbit out of the hat in the next few months I will tend to agree with Iwaxf13.

[timbo003] 15/9/2017 10:03

Excellent news regarding the consolidation and pleasing to see at least part of the fund raise is going to be EIS/VCT qualifying, which should be very sticky money, although the company must have now more or less used up their life time allowance for EIS/VCT money (which is £20m for high tech companies).

I suspect a large portion of the fund raise will be attributable to the AIM specialist VCTs, as they are now currently awash with cash after recent fund raising rounds.

[bskiny1] 15/9/2017 09:41

Puff...thanks, certainly sounds better