Cyanconnode Share Discussion Threads

[realist1950] 18/7/2019 12:27

Go back to school.

[realist1950] 18/7/2019 12:26

head in hands.

[buywell2] 18/7/2019 12:17

Correct me if I am wrong but this should have read

Cash burn seems to be around 2.2M in 6 months

Cyan have 3.2M left due to the 0.8M tax credit

6 Month turnover is surprisingly small at 1M from the update


Looking at recent contract wins is it reasonable to expect the next 6 months turnover will be double that of the 6 months 1M in the update ?

What does seem a problem is that if the cash burn carries on at current rates in another 6 months there could only be 1M cash left

However I assume they have some credit facilities in place , so perhaps not a reason for too much negativity by some posters.

There may well also be further tax credits to come.

[realist1950] 18/7/2019 12:06

And that's quite conservative for him!

He is utterly clueless.

[fred splange] 18/7/2019 12:03

Tonyj over the road thinks it's worth 50p, and he's a holder!!

[realist1950] 18/7/2019 11:54

How anyone can watch the FY results video/interview on the homepage of CYAN and invest, is beyond me. Dreadful. But some buy it.

[realist1950] 18/7/2019 11:49

Don't think this is necessarily cheap after the recent fall.

Always look at the mkt cap vs the reality of the companies finances and it's ability to actually generate cash.

This has a long way to fall from here in my view.

[realist1950] 18/7/2019 11:44

This has a long way to fall from here imo.

Extra funding is, once again, more or less a certainty in my view........but I did tell you that.....and last year....and the year before.....and the year before that.......well for around 10 years actually.

[realist1950] 18/7/2019 11:43

multibagger10 Jul '19 - 06:43 - 666 of 688

"What is also interesting is that on the back of these 2 tiny contracts announced yesterday, the share price improved by about 0.8p. Unusual scale given the small contracts and it appears to have triggered some hurried buying.

This share price movement was interesting in itself."

...........................................

And as I subsequently told you, 'the buyers of today are the sellers of tomorrow'.

"Hurried buying" as you put it, was just that.

[realist1950] 18/7/2019 11:41

Morning Multibagger.

How are things?

[owenski] 17/7/2019 08:24

A director 'bye' would be better

[realist1950] 17/7/2019 08:23

You may see a director buy here, but it would mean nothing imo.

[realist1950] 17/7/2019 08:22

Beyond bad.

And where it's not bad, it's laughable.

New lows are firmly on the horizon.

[owenski] 17/7/2019 08:15

Bargepole, always was

[escapetohome] 17/7/2019 08:03

Very litttle turnover, staggeringly small, considering the amount of money raised.

Have been watching this for years, ex shareholder. ( for my sins).

[buywell3] 17/7/2019 08:01

Cash burn seems to be around 2.2M

Cyan have 3.2M left

Turnover is surprisingly small at 1M , something I was not expecting

[hamidahamida] 17/7/2019 07:56

Revenue shortfall written all over it Placing Ahoy

[buywell3] 17/7/2019 07:28

Anyone know what the tax credit is likely to be next year ?

[buywell2] 16/7/2019 16:20

thank you tightfist

As a 'green-newby-blunt-horned-bull' I have appreciated your posts/answers

[lwaxf13] 12/7/2019 21:43

Never mind the street lighting orders in China :-) Where the fork did all the other orders go that were announced over the years?!!

If nothing else the finance department will have something to do next week. They can enter today’s order into a spreadsheet. Maybe even give it it’s very own Excel tab called “Another New Order” :-)

[lwaxf13] 12/7/2019 21:33

As long as the gravy train keeps rolling along and the salaries get paid. Maybe even a bonus or two for this piddly order today. Only about 1,400% share price rise needed to get it back to where it was about 6 years ago when JC arrived.

Nice work if you can get it and it pays nicely too.