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CYAN Cyanconnode Holdings Plc

9.00
0.00 (0.00%)
28 Mar 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Cyanconnode Holdings Plc LSE:CYAN London Ordinary Share GB00BF93WP34 ORD 2P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 9.00 8.80 9.20 9.00 9.00 9.00 361,035 08:00:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Electronic Components, Nec 11.73M -2.41M -0.0074 -12.16 29.13M
Cyanconnode Holdings Plc is listed in the Electronic Components sector of the London Stock Exchange with ticker CYAN. The last closing price for Cyanconnode was 9p. Over the last year, Cyanconnode shares have traded in a share price range of 7.20p to 19.25p.

Cyanconnode currently has 323,664,064 shares in issue. The market capitalisation of Cyanconnode is £29.13 million. Cyanconnode has a price to earnings ratio (PE ratio) of -12.16.

Cyanconnode Share Discussion Threads

Showing 21126 to 21147 of 31900 messages
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DateSubjectAuthorDiscuss
10/11/2016
17:38
its confirmed today the dcc has gone live for central and southern regions will now expect a rns from cyan to confirm state of play requards uk roll out of sm !
dreamtwister
10/11/2016
17:08
Zengas

Thank you for the feedback and good luck with that other investment,

I hope the recent investment timing here is better than the insiders over the years. I also hope the recent large investors have not been privy to any information that is not in the public domain. I think the Cyan technology has huge global potential but my concern is the Bod. I will keep it short and polite - I have no confidence that they are up to the job.

lwaxf13
10/11/2016
16:49
timbo003
11 Sep '16 - 20:09


Later during the morning, I stopped by the Cyan stand and had a 30 minute chat with Simon Smith (CFO) which was highly informative.

I repeated the moan about not being given the opportunity to participate in the placing and SS seemed surprised that Cornhill had not contacted me about this, as they had apparently been briefed beforehand. He said that had I gone with Beaufort (their joint broker) I could definitely have participated. I opined that it was always better to accompany a placing with an open offer, so all shareholders can participate, SS replied that brokers don’t like OOs and it would make them less supportive of the accompanying placing, the reason being that they do not make any commission out of money raised in the open offer.

When we discussed the subject of a share consolidation SS was of a like mind, but said he was in a minority whenever the subject was discussed. Apparently the brokers are generally opposed to consolidations as they believe that they will get more business if the share price is pennies rather than pounds and this is especially relevant for companies like Cyan which have needed to raise funds from time to time.

I asked about EIS/VCT status for any future fund raising. SS stated that the company would almost certainly require a further injection of capital to execute the development plan and assuming this was raised by issuing equity then the new shares should be EIS/VCT qualifying. I asked if there was still headroom for EIS funding, given that there is now a life-time limit of £20m per (knowledge intensive) company. SS replied that we were still some way off the life-time limit, but he didn’t have a figure to hand. I asked if he could tell me how much they might have to raise, he wouldn’t be drawn on this, but I did get him to say that it would be under £10m.

further 10 million fund raising.....further dilution.....5 billlion share`s to add to the 75 billion share`s in issue ! then i think you should fold your share certificate`s in half to double your money......dissapointing time`s ahead.

dreamtwister
10/11/2016
15:48
Iwaxf

Is that all ? I wouldn't think so. It depends on growth and execution of deals.
It's normal if any company wins more business/grows/profitability vision, that price targets are re-evaluated upwards (or to the downside if the opposite happens). I'm in a different company where the current price target is just under 4p but longer term I believe it may be 4-5 times that having bought in at 0.7-0.85 and now over 2p.

I'm heartened by the Thai distributor (JST) making a £3m+ investment directly into the company over the last 5 months holding over 10% and yesterdays subscription by John Stamp and the other investor at a near 12% premium to the earlier one despite no major news on deals. Stamp and JST alone hold almost 22%.

zengas
10/11/2016
15:05
0.6p? Is that all? How many world leading companies trade at 0.6p? I sm hanging in for much more and a value befitting a world leader.
lwaxf13
10/11/2016
08:02
Cyan Holdings (CYAN.L, 0.21p) – Speculative Buy

CyanConnode, the world leader in narrowband RF networks for Omni IoT communications yesterday announced that Nightingale Investment Company Limited, Fataarc Limited and other existing shareholders have agreed to invest a further £1,210,000 in the Group by way of a subscription for 605,000,000 ordinary shares at a price of 0.2p per Subscription Share. Biggles Enterprises Limited and Fataarc have together invested £3,050,000 into CyanConnode equity in June and October 2016; Nightingale and Fataarc (which are associated with Biggles) have now agreed to invest a further £1,050,000. The Issue Price represents a premium of 11.1% to the last investment made by Biggles and Fataarc on 3 October 2016 at a price of 0.18 pence per share. The Subscription has been undertaken pursuant to the general authorities granted to the board of directors at the general meeting of the Group held on 30 June 2016 and therefore no further shareholder approval is required. John Stamp is a substantial shareholder of the Company, being interested in 11.04 per cent of the Company's share capital through Biggles. Nightingale (being an associate company of John Stamp) constitutes a related party of the Group and its participation in the Subscription is considered a related party transaction under the AIM Rules for Companies.

Our view: Seizing the opportunity. Smart metering undoubtedly represents a giant, unfulfilled, scalable and truly global growth opportunity with the potential to attract large, long-term and exceptionally sticky customers. Capturing its early mover advantage, however, is an expensive exercise for Cyan. Following June's £12.6m placing and the acquisition of Connode Holding AB, Beaufort's estimated monthly burn required to facilitate new contracts, including the £10m purchase order from Iran, and the extensive international marketing drive would likely result in a cash shortfall before end-2017E. Thereafter, revenues and free cash flow are seen spiking sharply upward, with potential to contribute first significant net profits in 2018E. Yesterday's announcement confirmed that management are already seeking to plug that gap through an issue of equity close to existing investors who recognise the scale of Cyan's future opportunity and are willing to add to their position at market price. The vision they see was detailed in a major report released by Beaufort in September, which provided a comprehensive review of Cyan Holdings and its sector. It points out the World Bank's extraordinary demonstration that it is three-times cheaper for utilities to save 1kWh of electrical energy by improving network efficiencies than investing in new generating capacity. Such losses in developing regions, along with the need for much better demand response in developed territories, are now the single most pressing issue for utility groups worldwide. The note goes on to show that a comprehensive and cost effective solution can be found through the implementation of sophisticated smart metering programmes. Beaufort's assessment of the enlarged, post-raise, post-acquisition Group suggests a valuation of some £123.9m. Accordingly, Beaufort repeats its Speculative Buy recommendation with a price target of 0.6p/share.

zengas
09/11/2016
23:28
That's alright then. Acceptable level after year in year out of diluting this. You couldn't make it up.
lwaxf13
09/11/2016
22:31
.

" dilution is at an acceptable level."

dreamtwister
09/11/2016
12:20
Hi Dreamtwister,This morning, secondary market investors have been buying shares cheaper than the placing price so I am not sure PI's can complain there, unless we are looking for EIS tax breaks.I suppose it all depends if one trusts management to eventually create value from the cash they are raising. In my modelling I have always assumed they will need to raise a LOT of cash to enable rapid business growth and create a strong foothold within a potentially vast market, before the business goes cash positive which I remain hopeful of. I focussed on the latest placing price because I have anticipated an average ongoing placing price of 0.3p and I want to see prospective value and placing prices rising shortly. An RNS soon regarding the dcc update and UK SMIP roll-out would be helpful? Even better would be data on percentage Not-Spots but I guess that will take some while. I want to start seeing that UK SMIP cash flowing soon!All in my opinion, as ever DYOR! tightfist
tightfist
09/11/2016
08:56
Hi Dreamtwister,That's good news from DCC, it's the Connode area now going ahead, it seems.My recollection from conversations at the AGM is that Toshiba/Connode won the SMIP contract for Central and South UK, but that it was awarded to a competitor in the (less populous) North. The forecast installation numbers only relate to Central and South, as I understand it.Good to see that they have hiked the placing price in this latest JST placing; I hadn't been aware of John Stamp before, but maybe I gave been asleep!Cheers, tightfist
tightfist
08/11/2016
22:23
DCC Release 1.2 now live

On 8 November 2016, DCC received notice from the Department for Business, Energy and Industrial Strategy (BEIS), that the Secretary of State has directed that the relevant provisions of the Smart Energy Code (SEC) are activated to enable DCC to offer Enrolment and Communication Services to Users in the Central and South Regions, in accordance with the Scope of DCC Release 1.2. This direction means that, in addition to the pre-existing Services that DCC offers, DCC is now operationally live to communicate with meters on its production platform in the Central and South Regions.

DCC expects to issue readiness documentation for the North Region in the coming days, which will be subject to review and approval from BEIS and the SEC Panel.

with the northern region coming on line... cyan/edmi liason....interesting times a head.

dreamtwister
08/11/2016
09:13
Dreamtwister,The deployment in UK of smart meters is very different in that market penetration it is totally dependent upon the installation of the Toshiba boxes (incorporating Connode technology) and encountering Not-Spots in Central/South England and Wales. My understanding is that the Asian sales opportunities are currently associated with building independent proprietary RF mesh networks (Cyan technology).I think the deployment challenges will be very different, but first we need to secure some meaty contracts......Cheers, tightfist
tightfist
08/11/2016
09:07
Good luck with the modest top up and fingers crossed JC can actually deliver the goods this time. Lord knows he has had long enough at it. Can I use biblical references in these PC areligious times without being arrested? In fact speaking biblically we could use a miracle here ;-)
lwaxf13
08/11/2016
08:49
modest top up this morning 0.02 candle`s were flickering !
dreamtwister
08/11/2016
08:32
interesting times ahead i have now become a cross dresser, whilst the tart in the blue frock is touting for buisiness in the cambridge not-spot.....dreamtwister is looking for contracts in bollywood.
dreamtwister
07/11/2016
20:57
Do the interesting times ahead involve Cyan or was it just a throw away line?

Anyone think we can get her majesty Theresa May to accept a retrofitted smart meter at number 10? If I was on that trip I would be plugging a couple of sales into number 10 and the house next door during the long flight. Think of the kudos associated with an order like that ;-)

On a more serious note I really cannot believe JC is in India on this much hyped trip if there is not substantial cyan related news to come. If there is no substantial news then one has to wonder what was that all about? I am Optimistic there is substantial news. If not I will go back to being a complete cynic about this company.

lwaxf13
07/11/2016
11:20
the tart in the blue frock,touting for buisiness in the cambridge not spot has ticked you down for expressing your investment opinions ?

the uk roll out of smart meters is running behind schedule due to the dcc being incomplete but other major energy provider`s are installing smart meters in anticipation of the dcc going live.

india/iran and others in reflection may have the same problems as the uk
in the roll out of smart meter tech delaying revenue for cyans contracts ?

interesting times ahead

dreamtwister
06/11/2016
22:34
India. Again?!! A lot of time and money has gone in to India. For what? Seems to me like lets keep chasing this and hope we hit pay dirt one day. Trouble is so far that one day seems out of reach.
lwaxf13
06/11/2016
11:50
like a lion waiting by the watering hole for mate`s rate`s for the share price to average down.
dreamtwister
06/11/2016
11:32
hxxps://www.b2match.eu/indiauktechsummit/participants/593


Organisation Information

About Us

CyanConnode’s communication network connects devices within the Internet of Things (IoT), such as smart meters and public street lighting control. It provides customers with a range of solutions which allow greater flexibility and rapid innovation in the development of converged networks for applications in smart cities and IoT.

Based on its award winning narrowband radio frequency mesh technology, CyanConnode’s smart metering solutions offer optimised and standards-based technology. Its technology enables utilities to accurately read every meter and bill the customer regularly, detect tamper alerts and empower customers to manage consumption.

CyanConnode’s provides an integrated smart lighting control system to support the remote control and monitoring of lights to reduce energy and maintenance costs. Its enterprise level system enables significant power savings by enhancing the way in which public lighting energy usage is controlled, measured and managed. CyanConnode’s easy to integrate technology is optimised for all lighting technologies including HPS, HID and LED.

CyanConnode’s narrowband RF mesh technology is an enabling technology, delivered though a collaborative engagement model. Cyan establishes a local eco-system of partners to support the transfer of skills and experience to facilitate customer ownership and generate local wealth.CyanConnode’s communication network connects devices within the Internet of Things (IoT), such as smart meters and public street lighting control. It provides customers with a range of solutions which allow greater flexibility and rapid innovation in the development of converged networks for applications in smart cities and IoT.
Based on its award winning narrowband radio frequency mesh technology, CyanConnode’s smart metering solutions offer optimised and standards-based technology. Its technology enables utilities to accurately read every meter and bill the customer regularly, detect tamper alerts and empower customers to manage consumption.
CyanConnode’s provides an integrated smart lighting control system to support the remote control and monitoring of lights to reduce energy and maintenance costs. Its enterprise level system enables significant power savings by enhancing the way in which public lighting energy usage is controlled, measured and managed. CyanConnode’s easy to integrate technology is optimised for all lighting technologies including HPS, HID and LED.
CyanConnode’s narrowband RF mesh technology is an enabling technology, delivered though a collaborative engagement model. Cyan establishes a local eco-system of partners to support the transfer of skills and experience to facilitate customer ownership and generate local wealth.

dreamtwister
06/11/2016
09:47
T May in India this weekend and CC with her maybe this is one or two deals as stated by JC before year end.
sabre6
02/11/2016
11:51
if the tart in the blue frock touting for buisiness in the cambridge not spot presently being vetted in the dogs home, cross breeds then a litter of rampers will pump the share price you may consider adopting one of the yappy rampers to get your £2 as i shall be adopting the runt of the litter to average down.
dreamtwister
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