Cyanconnode Share Discussion Threads

[bilbosenior] 07/10/2016 03:41

My feelings are that there will be another modest uplift in the share price for Cyan stock again when the market opens this morning, this the result of the recent and second investment by JST coming into play.

My original investment bought when the stock was being traded at or above £0.25(a quarter of a pound,) what now seems an age ago, I still hold and through the barren years, I have managed to average down closer to 0.5p than 0.185p. But I remain an investor and an optimist that Cyan (now CyanConnode) will ultimately prevail and bring me rewarding fruits for my long wait.

Edit: The sudden and further decline in the value of Sterling today, may also offer a boost to CyanConnode's overseas markets.

[zengas] 06/10/2016 17:02

London Presentation next Wednesday 12th October 2016.

[caledoniaman1] 06/10/2016 15:24

Roll up, roll up - the more you buy the cheaper they get - 2 for a pound ladies ;)

[zengas] 05/10/2016 19:06

1waxf13

Of course you're entitled to voice your opinion and fair play to you, but it's an open board so i'm entitled to voice my opinion in return as I see it rather than negativity at every point from a disgruntled stale investor as I see you. I'm at a different entry point and they've been doing alright as far as i'm concerned from where I came in. You criticise the company for winning awards etc, but there's nothing wrong with that. Maybe you don't care about the quality of the products and would rather they weren't even rated. Maybe they'd be doing a lot worse than they are. For what I see, the market hasn't developed as rapidly as hoped for in take-up until late and that's something the company couldn't change.

[lwaxf13] 05/10/2016 18:56

Zengas

Thank you for your expert opiniin to press the sell button. However, at this point in time I am not losing anything here. I was not as unlucky as some and I got in close to the lows. I think I am entitled to voice an opinion on here just like the next man. The performance of this company is abysmal and it either perks up, gets new management who can deliver for shareholders or my preference is put the For Sale sign up.

[zengas] 05/10/2016 18:47

1waxf -

The number of shares in Cyan does not matter to me because of the point I entered at and that's the difference how you see it compared to me. You should learn to press the sell button at some point if you've continued to find you've lost out with this company for so long.

dreamtwister - there are a number of ways of looking at that. They bought Connode. Will that be more earnings enhancing as a result of that acquisition in the long run ?. Sure you were diluted, but you weren't diluted that you got nothing for it. That acquisition came with a contract in it's own right and a potentially sizeable increase. Either wait and see what it brings to the table in terms of additional contracts/business then judge if you were diluted or not.

Lekka -

[tightfist] 05/10/2016 18:41

I think we are all familiar with the "traditional" Cyan offering: however, I came away from the AGM encouraged by the Connode acquisition, the long term recurring revenue stream and the sales, cross-selling and technology application opportunities.

Yes, the ongoing dilution is a pain but I do take some comfort from JST/Biggles and the Directors dibbing-up.

[lekka] 05/10/2016 18:13

Obfuscation ZENGAS, are you a politician?

[lwaxf13] 05/10/2016 18:09

Company A with a market cap of £26M and 1 million shares,
Company B with a market cap of £26M and 15 billion shares.

You can have 1,000 shares only from either company A or company B. No charge. Which do you choose keeping in mind that apparently the number of shares does not matter? ;-)

[dreamtwister] 05/10/2016 17:58

thankyou mr zengas for your reply.....i will stick with my senario that issuing more share`s (dilution) weakens the earnings per share but if the company buys back shares it will strengthen the earnings per share`s......cyan issue jst half a billion share`s discounted @ 0.018.....on the cards further fundraisings.....directors options.....consolidation....followed by further placeing....will weaken the earnings per share &.give`s good reason for the pi to voice his concern`s.

[zengas] 05/10/2016 15:44

You invest in the company and buy shares for what you think the company is worth and likely to be worth for that investment.

If you think it's going to grow to £50m - £120m - £250m or £500m then you invest and expect some dilution along the way depending at what level of growth cycle you managed to get in at.

If there are 14 -15 or 16 billion shares, that's not the issue at .0017-.0020 pence ie £24m - £32m m/cap and no different to 150m shares at 17p or 19p which the moan seemed to be about relative to the number of shares and not the m/cap ie "never ending dilution" comment.

The shares in issue doubled this year because we acquired another company, with a £4.4m contract (with an expected £25.2m and best case £37.3m) and saved ourselves £2.5m and 18 months in developing the IPv6/6LoWPAN technology - so with that we are competitive now, not in 18 months time.

The £10m Iran deal was 2 months before the Connode acquisition and before JST Thailand. We did that without Connode and on Cyan managements' own merit and ability.

Since that JST came onboard, so what return do JST with their £3.05m investment at .0018p hope to get back at a m/cap valuation of £27.9m ?

So far that's 2 sizeable orders - one for £10m and small relative to the scale of the follow on if we win more in Iran. Also the contract for £4.4m with an expected £25.2m which we have via Connode. That's £15m to potentially £35m awarded in an approximate 12 month period. Relative to the scale of that and so many other countries, its not impossible to imagine that there could be multiples of that year on year.

Both Cyan and Connode as previously separate entities have been able to win sizeable contracts so as a combined unit one would think they could do even better given their technology combination/links.

Seeing as we have supposedly recently bid for some 32 tenders (how big are they in terms of capital rquirements ?) - could it be that JST have supplied more cash to demonstrate we have the necessary capital to deliver on some of those ?

[lekka] 05/10/2016 12:54

ZENGAS

Think 1waxf point was that number of shares multiplied by share price equals m/cap whereas your point was that the m/cap versus order value is significant....no?

By the way 1waxf can be annoying to a LTH but your comment shows a lack of understanding (IMO);-)

[dreamtwister] 05/10/2016 12:49

mr zengas forgive my ignorance enlighten me as iam of the understanding that the less share`s issued the higher price of the share price on volume`s of sale`s improving m`cap ?
tia.

[zengas] 05/10/2016 12:29

1waxf

No disrespect but you are even sillier than I thought re m/cap and shares.

[dreamtwister] 05/10/2016 12:26

iran is light years away until they get nuclear energy plants up and operational but they need revenue`s from oil to complete that mission with the glut of oil opec are santioned to calm this issue down until then the price of oil will be volotile plus the tensions of iran/saudi imho iran is light years away !

[lwaxf13] 05/10/2016 12:19

How do you equate no relationship between market cap and the number of shares? The relationship is such that for s given market cap the number of shares dictates the share price. So the number of shares matters a hell of a lot. If your assertion was correct then cyan might as well crank up the printing presses (Again) and create more shares. They are good at that.

[zengas] 05/10/2016 11:53

One could certainly look at the never ending moaning. I agree it's been tough for much longer term holders that have been here x amount of years, but that's how things go and newer, more recent investors may see this in an entirely different light regarding potential where as stale holders will continue to see the same picture, be negative and moan. To me it looks on the cusp of greater things with the £10m Iran deal still being rolled out, so I wouldn't expect a follow up just yet until more of that is implemented. Salaries being taken in stock - a plus. The Connode takeover a plus and the Thai partner investing a further £1.05m yesterday to a total £3.05m (what do they know as insiders/what is being worked on ?). Regardless of billions of shares - that's not the issue. The m/cap is £27m and that's the point - not how many shares - in a market worth $billions and a first sizeable deal of £10m for a relatively small order shows how big the orders could be if things gather pace amongst the many alliances and partnerships to win business relative to the m/cap of the company.

[lwaxf13] 05/10/2016 11:14

It is all no results for shareholders so far so by implication then it's all bluster. For JCs package I could be enthusiastic :-) Look at the share price. Look at the never ending dilution. Never ending awards. Never ending partnerships. Never ending jam tomorrow. I wish they would just put a for sale sign up before they run this into the ground.

[fozdad] 05/10/2016 10:46

Tomorrow marks 6 months since the Iran deal was announced. Despite all the talk of being world leaders in everything from boiling an egg to remote brain surgery and despite all the new alliances, despite all the ongoing discussions to build on existing deals, despite the endless presentations to investment groups.....we haven't had a single new deal announced since (apart from the merger).

I like JC's enthusiasm, but it's starting to feel like it's all bluster and no results.

Hopefully, the Biggles investment is a sign of "chocs away" and a deal or two will be forthcoming from Thailand but we also need to see some progress in Iran, when are we going to start delivering on the big contract?

Whilst I'm on a roll, what happened to the El Sewedy LOI? This was ramped around for months, then nothing. I'm assuming that nothing is exactly what will come of it.

[lwaxf13] 05/10/2016 10:23

Deliver on more contracts? Do you know more than the rest of us? ;-)

Contracts lol

[multibagger] 05/10/2016 09:42

I agree with you tighfist...I feel that this additional investment by Thailand based Biggles is for a good reason and we will know in the fullness of time. Though the dilution is disappointing in the short term, it helps with working capital and the ability to bid and deliver on more contracts.

As they say, coming events cast their shadow before.

Good luck all :)

[tightfist] 05/10/2016 09:37

Looking at the latest RNS tea leaves, something interesting must be brewing in Thailand or SE Asia to bring about this scale of inward investment. Standing back, I feel more comfortable with that possibility than some of the other overseas business leads; as ever, patience is required. We could do with an update soon on UKSMIP, aren't the first meters being rolled-out about now?Cheers, tightfist

[spike_1] 05/10/2016 08:46

Mystic - was that said in jest or do you actually know anything about them (just asking ;0)

Best wishes - Mike

[mysticmonkey] 05/10/2016 08:13

If it's good enough for biggles ;-)