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Hi jakeandelwood
Was it ever established properly whether or not the PG in question is in fact the PG from STAR Capital (https://www.star-capital.com/our-team/paul-gough.html).
If it is him, you wouldn't really put him in the 'stupid' category would you?
It would be nice to know the truth of it.
GL
ITT
Hi tonyj
The sales totalled 1.1 million shares in the end.
Google Finance (GF) has been showing hundreds of thousands of sales going through over the last few weeks, which haven't been reported elsewhere (e.g. on LSE). My guess is that the GF info is correct and that the trades are PG related.
My second guess is that the selling is now over (or he's just taking a breather) and we might have a few days of blue, which would certainly make a pleasant change.
ITT
Https://www.londonstockexchange.com/stock/CYAN/cyanconnode-holdings-plc/company-page
Hi LTI
When I'm looking at my investment's performance over the last 12 months, why would I need to refer to a 3-year chart taking me back to May 2020?
I know that I'm 10-bagging from back in May 2020 but that's history.
Over the last 12 months, we've gone backwards and continue to do so.
With a 3% SP decline, 12% dilution and a 10% inflation rate to consider, is Cyan a good place for anyone to leave their cash? Not sure.
ITT
Leaving my money in here is really costing me. The SP is more than 3% down on 12 months ago and my holding in the company was diluted by 12% in January to boot. Not a good year.
IMO, the next reliable news won't be until the Finals in August/September.
ITT
Hi jakeandelwood
It reminds me of one of my favourite business quotes, written by John Ruskin over 100 years ago (sorry if I've posted it befor):-
βIt's unwise to pay too much, but it's worse to pay too little. When you pay too much, you lose a little money β that is all. When you pay too little, you sometimes lose everything, because the thing you bought was incapable of doing the thing it was bought to do.β
ITT
Hi tonyj
It's BS put out there in an attempt to prop up the share price, along with the lovely photos from India and SOLI's recent non regulatory announcement.
If you haven't got the capacity to do what's required, you won't get the business (and why should you?). It's about risk and reward. Why should any potential customer wait for you to get your business up to speed and train 65+ new staff before starting their project. It's complete nonsense and you know it really.
ITT
Who in their right mind would give a massive contract to a company that haven't got enough employees (i.e. capacity) to deliver it? Business-wise, it's completely the wrong way round. Nonsense IMO and I don't believe a word of it.
ITT
Hi Vascular
Of course, that's what I've been saying since the first appearance of the 'We are hiring'.
No they're not. They might be hiring if they win a contract or two.
IMO, it's misleading - designed to fit the narrative that contracts are in the bag when clearly they're not. Time the 'We are hiring' with a few photos of Cyan employees rubbing shoulders momentarily with some big-wigs in India.
It's so childish, it's insulting.
As I said a while back, sometimes less is more.
ITT
Hi Vascular
Cyan always shown the UK and India job vacancies on the company website. As you know, the space is still there under the Careers tab unfilled - www.cyanconnode.com/about/careers/
What is the difference this time round re the 65+ jobs?
Why don't they just put them on the company website (if they can)?
ITT
Hi sandgrounded
Thanks very much for that.
If they've placed 31 million shares since the last AGM, they appear to have plenty of leeway to push through another substantial fundraise without needing to ask shareholders for their approval.
Here we go.
ITT
Hi sandgrounded
I don't believe the 65+ jobs post and not sure that a $10.2 components order qualifies as significant news, particularly when we don't know what sales order(s) the components relates to. They are probably being purchased to service existing orders.
JC Says:
" We are very pleased to be placing this additional order with Solid State Supplies to support our LONG TERM Indian smart metering programme."
ITT