Cyanconnode Share Discussion Threads

[realist1950] 30/12/2019 09:47

Bill......I've followed this company for over 16 years.

[iamgreat1] 30/12/2019 09:44

The gangs cannot exit without numpty newbies buying

[billthebank] 30/12/2019 09:41

Not a fan the.I know nothing about this co tbh.The market cap is £5 4M Today's contract is worth a large sum if all 200k units come on board.The exec state will have an input of £0.8M into the balance sheet on an annual basis which is greater than anticipated The share price has risen nearly 50% today. Realist 1950 appears to be LTH but not impressed with ''false dawn?'' Watching for now only

[costax1654x] 30/12/2019 09:39

My sell at 3.2 looks good now!

[realist1950] 30/12/2019 09:35

Previously announced big orders, over many years, have seldom arrived in the coffers.

The decline of the share price tells you a story....and an accurate one at that.

[realist1950] 30/12/2019 09:33

A little perspective on the order.

The last four FY results.

2015: £4.9M loss
2016: £7.9M loss
2017: £11.14M loss
2018: £6.31M loss

[davep4] 30/12/2019 09:31

It will be interesting to find out what funding arrangements have been put into place.

[intheknow69] 30/12/2019 09:28

Directors buying at 15p is a strong signal they knew what was coming. Transformation in progress here imho

[realist1950] 30/12/2019 09:25

If you know anything about the history here, there's a lot not to like.

[intheknow69] 30/12/2019 09:22

Directors in at 15p. 9.6m potential order. 40m order book for 2020. What’s not to like. Massive rerate coming in 2020

[realist1950] 30/12/2019 09:22

CYAN have announced a plethora of such contracts over the past 6 years or so - meaningful revenue has always failed to arrive. Shifting sands as always. Fresh promises papering over old, long-forgotten ones again?

Remember they have had to change the year end and move it back three months - I wonder why? Many think it was because they had practically sold nothing throughout H2.

A big fat FY loss is on the cards imo although the company has bought itself time and wont have to actually announce that for some time.

What we do know is that the company has very little cash left......and $400K (EVEN IF it actually arrives) isn't going to cut it.

Notice how the focus is now on Thailand.

AIMO ADYOR.

[tightfist] 30/12/2019 09:20

Thanks, would be good to see some REAL action in India!

[mally6] 30/12/2019 09:20

Its only 5mill mcap surely this got to rerate from here should be much higher

[intheknow69] 30/12/2019 09:20

Tight fist

Meant Genus. Well spotted!

[tightfist] 30/12/2019 09:18

Hi ITK,You mention potential contract with "gemes" - is this a typo? Thanks.

[intheknow69] 30/12/2019 09:10

Costax

You was never in 😆

[knowing] 30/12/2019 09:05

Market cap looks silly now

[costax1654x] 30/12/2019 09:04

I'm out GL all!and happy new year

[intheknow69] 30/12/2019 08:48

£3.3m gemes contract mentioned elsewhere which is to be announced. That will see these 6p+

[escapetohome] 30/12/2019 08:47

Raising on its way surely .

Orders require investment.

[costax1654x] 30/12/2019 08:35

3.3 is my exit price!I had enough with cyan!

[costax1654x] 30/12/2019 08:26

Spread is killing it!

[multibagger] 30/12/2019 08:25

fillipe,

Market is still in Twixmas mode - so impact of news and revenue implications not yet been digested or disseminated. Hopefully more trading activity and start of an uptrend once it is back to business as usual on the markets in the New Year.