Member Info for Kabaa

1. Lots of derampers that have dumped the stock too low with unwarranted fear and are bitter or just trying to get in - check.
2. Lots of buy volume going through in relation to market cap. - check
3. Re-rate news imminent - check
4. Undervalued and room to multibag - check
5. Bounce from the low and short term down trend rejected.
6. Market makers short, trying to hold price down - check

Next wave up looks imminent on the chart - well done to those who got in today, i've got a feeling you caught the low and are going to have a free ride on this at this price!

Try buying another 5m and see what you get quoted. I bet it's nowhere near 0.35.

They are holding it down with a fake offer to try and cover their shorts at a lower price. A few more million and it will be up 10%

Tomorrow morning it'll pop imo.

Mm's are short now. A little more buying and this will flick up aggressively.

Xmas rally coming.

Well done Spud - I have a feeling you caught the bottom there. It wouldn't suprise me if our major holder picks up a few more round here today or this week too. It looks like a traders dream for a quick 10-20% either way. I'm personally going to hold for at least a few weeks as I believe there is a lot more here than just a 'twitter ramp'.

Spud, i'm guessing there isn't much reason for the down move really. A lot of investors here are like sheep and all buy at the same time or all try and sell at the same time. This causes big swings in the price. Look at the chart. It's down around 43% from the recent high a few days ago. If it gets back to that point, it will be up 66%.
I'd guess we are near the bottom now and will have a big bounce and everyone will be excited again in no time.
It's comforting to know a major shareholder has invested £150,000 this week and they will know a lot more about the company than the people selling to them. Cheers.

Spud, there is an rns out this morning. Click on the link inside it. RIM have increased holdings by 29,120,559 shares. As they have to report when they cross 10% and owned 9.74%, now they own 10.74%.
They would have had to do this yesterday as they have to report immediately once crossing 10%. Also they put £50,000 into the placing and are not allowed to buy before this it is annouced as they could be accused of ramping the price up. So they must have bought around £100k yesterday. The £50k of shares won't get reported until the shares are issued on or around the 24th. £150,000 invested by them total in the last 2 days.

You keep selling to them guys and blaming the upmove on posts written on a bb lol. There is real buying here by big players that don't invest on the back of lse forum posts.

I'm suprised no one has mentioned the 29m shares getting bought yesterday on the open market by our major shareholder. It looks like they have bought a further £100,000 worth, not $ and paid 0.343 average.

It likely will. This has another few waves left in it yet.

Companies don't trade this much volume on pump and dumps to be fair.

Have been burnt so much, you can't see a good thing infront of your nose!

Not aimed at you Yuri - The people acting negative (who often buy in soon after) at the 'Early 2019' statement.

People were and are buying this up in anticipation of a massive re-rate. The fact it may not be this week does not change the underlying fundamentals and the value play in this share and the potential for it to go up 10-20 times in early 2019 - hence the ongoing buying albeit a few sellers this morning.

People getting mugged off here. 2019 is only 5 trading days away. It's not like its going to take another year!

''Fund managers don't buy £8M penny stocks FFS''

What on Earth are you talking about? Of course they do!

The world of investment doesn't evolve around twitter and lse forums you know - there are real investors out there who take a longer term view with large amounts of their own and other people's money.

People have gone extremely negative on here.

It'll be back up by the end of the day. If there wasn't good news out recently and more to come, they would have not been able to raise money at 0.36. There was massive buying above this recently and it will get back up there and a lot more, don't worry.

I know a very large respectable investor involved in this who has told me fund managers were mopping this stock up in recent weeks with imminent news expected (end dec, early Jan), they are looking for many multiples of the current price. He also said don't be suprised to see 1p+ before news and 3-5p after. A Christmas gift by the look of it.

I've got an order to buy in at 0.33 just in case it does drop.

The buying was In anticipation of news within weeks. Nothing changed here, they've just let their mates in for the ride. Dilution is not that bad though.

Pretty obviously someone just did though.

And when someone pays a premium to the recent sp for such a high amount, he's usually just taken out someone's whole shareholding and will be often in the market to buy more...hence this will likely rocket next week imo.

This is going to rocket next week!

19th Oct RNS

Under headline 'financial position and current trading'
....
The Board believes that the Fundraising will provide CyanConnode with sufficient resources to achieve cash flow break-even based upon current expectations.
...

Up....a lot. Don't be suprised to see a few more double digit% up days. The margins on this and the growth market it's in is phenomenal + it's been battered down as of late.

Directors put in a £million recently and said that will be the last placing needed before profit.

This latest deal suggests they're likely right, fund managers will start buying into this now imo, so expect to see more similar buys before xmas.