Cyanconnode Share Discussion Threads

[multibagger] 14/12/2019 08:06

Unusual trading activity with 113 trades yesterday. Also 3.7m single transaction could be someone/ a fund finally exiting ? A vast majority of trades yesterday were for a few hundred pounds - looks like "hot money" has arrived and could be a group working in tandem and yesterday was Day 1 for the masses. The big boys would have got in slightly earlier, before inviting/leading the rest. Be ready for all manner of filth and lurid graphics being posted and the BB trashed with hundreds of inane posts...seems to be part of their "trading/partying style"(if you can call it that). Seen similar activity on the TRX recently....from 11 Nov 2019 (Post 2176 onwards). Twitter being the channel of choice. If the above speculation is true, we are likely to see a buying/feeding frenzy over the next several days/week, before there is the inevitable selling up again - usually this group are in a for penny or two. Let's hope a RNS or two lands in this anticipated / potentially "frenzied" period (if I could call it that)...as this could well drag us out of the share price doldrums. Let's see how this plays out.....keep an eye on the flag counter at the top of this thread to gauge activity levels ! Flag counter at 7185 views at the time of this post with 13 countries represented. Good luck all and brace !! Edited: at 08:46 hrs

[kilijarslan] 13/12/2019 15:10

Someone say golden cross approaching! Few more buys and it's break out

[kilijarslan] 13/12/2019 14:48

Approaching break out

[sabre6] 13/12/2019 13:39

Maybe RNS next week to stem the fall in SP

[kilijarslan] 13/12/2019 11:19

That looks spot on! Seller done

[jonnyfro] 13/12/2019 10:32

Check out the large trade ending in 88 then match it to cannacords recent holdings rns looks likely seller out

[kilijarslan] 13/12/2019 10:00

Recent comms from the company stated contracts are not lost. Once contracts land it will rocket on news

[realist1950] 13/12/2019 09:29

The company recently 'boasted' as to how it's staff numbers had swelled in recent times. Can someone tell me how the monthly cash burn, miraculously much reduced in recent months, is able to sustain the mooted increase in staff? Just one question from a very long list. All in my opinion and Without Prejudice.

[realist1950] 13/12/2019 09:26

There is so much to take apart here. So much over so many years. Having watched this company for well over 15 years (long before the arrival of the latest BOD) it's almost impossible to know where to start.

[realist1950] 13/12/2019 09:16

And you would, in my opinion, be making exactly the same mistake as many before you. Some people see a stock that has done nothing but go down and think that it can't go down any further and that it surely must be better value than it was. This isn't necessarily the case. Over time, a stock may fall, but the 'story' may also change; it isn't the same thing as it was say 1 or 2 years ago. A stock bought at 1p can just as easily go to 0.5p and lose you 50%, as a stock bought at 20p moving to 10p. After all, when Cyan hits 1p, understand that it will be for a reason.

[escapetohome] 12/12/2019 20:39

Im a buyer at 1p.

[escapetohome] 12/12/2019 20:39

No long term holder has made money from this share . None. I bet there are very few short term holders who have made money. This is one of the worst potential vs performance shares out there. It lulls you in then kicks you.

[realist1950] 12/12/2019 18:25

Almost blew Earl Grey through my nostrils when I read Bambas Crown's most recent post, across the road. Chortle.

[fred splange] 11/12/2019 15:46

Clearly being sold by someone with sense, this is beginning to look like a terminal decline. Was it you?

[multibagger] 11/12/2019 12:20

Hi tightfist, I always look at change of financial period/year ends with suspicion - but think that given the delay in the Indian orders, this could be a mechanism to soften the revenue drop for the year. This is the cynical side of my thinking. However, as there are 3 core businesses - UK, India and RoW, then it would make sense to streamline/align it all and reduce the audits and financial reporting periods. If I was being charitable and putting a "cost saving head" on, I can see the logic of this as India is likely to be our biggest market. Anyway, whatever is happening with our Indian contracts, it does not look that it is going to be on Santa's sleigh. I still can't get my head around where the hell all these shares are being sold from ? Surely, all the Funds are out by now ?

[tightfist] 11/12/2019 08:28

Yesterday's RNS draws a polite veil over whether Deloitte were asked to tender as auditors, or not. Either way there will be no more revenue recognition shenanigans in conjunction with them. .We now have 3 more months for "2019" revenue to be accrued..... very convenient; cynically one wonders how their personal bonus plans are constructed - or is this more about CC survival in its current form? Or is it really just as stated; alignment of year-ends and cost savings?.Bring on those Indian large orders....... All IMO, tightfist

[realist1950] 10/12/2019 09:19

And there is a stack of hot money still sitting here. Some of it now 'locked in' no doubt.

[realist1950] 10/12/2019 09:17

Revenue really must currently be standing at around nil, or thereabouts.

[sabre6] 10/12/2019 09:12

Results now put back to end of March next year.

[realist1950] 10/12/2019 09:12

LOL @ today's RNS!

[escapetohome] 09/12/2019 21:23

Down. There is certainty in this world.

[realist1950] 09/12/2019 20:56

pretty quiet...(fades)..