Cyanconnode Share Discussion Threads

[stav5001] 08/12/2016 12:07

Sales......

Does anyone at CYAN understand sales and closing?

I have been saying this for ten years plus, way before JC came aboard!

We need closers not more bean counters and technicians. YES, Of course they have their place, but without real sales, this will continue to bleed cash, as we are diluted to kingdom come.

CYAN should have learned lessons. The Indians hung their "sales" team out to dry for years.

ACTION!

[lwaxf13] 08/12/2016 11:24

Rerate? For what? They sold a handful of widgets in a market with potential for sales of millions.

[tightfist] 08/12/2016 11:16

Hi Mikeroot,Thanks for the link to TraderTim not come across that one before. Do you rate their findings?Regarding a potential re-rating, volume this morning is surprisingly low so far? I do wonder whether investors have yet got their heads into the developments from the Connode business or whether most eyes are still awaiting news from India, Iran, Thailand, etc. More stale bulls rushed for the exit at 08:03. What we really need is new money to start arriving.....Cheers, tightfist

[mikeroot5] 08/12/2016 09:24

Cyan gets a mention this morning.

Seems generally positive about it. Surprise we haven't seen a re-rate in the share price here.

[dreamtwister] 08/12/2016 09:10

well done multibagger on your recent purchase &the recent news is welcomed congrats to the lths and may the new year bring further news.

[tightfist] 08/12/2016 09:05

We are gradually building support at this level. A close above 0.25p during the next three months will be good enough for me.Cheers, tightfist

[cpap man] 08/12/2016 08:52

Hopefully i am not sat next to you in my local over Chrimbo!!!!

[lwaxf13] 08/12/2016 08:49

Market will eventually wake up? To what? A business haemorrhaging cash? I think it has already woken up hence this thing is the pitiful share price that it is.

Holding on for £1.25.

[multibagger] 08/12/2016 08:35

Cheers chaps - agree with tightfist,activeservo and duxy786 posts.

Patience is key...market will eventually wake up...till then it is time to add !

Good luck all :)

[duxy786] 08/12/2016 08:12

...and whilst they dont, we in the LTHs category can continue adding at these ridiculously low levels

[activeservo] 08/12/2016 07:50

Agreed. Once people start looking forward at potential, rather than dwell on the past, then this should be a great investment.

This isn't even "grass roots" yet so patience is needed, which doesn't come naturally with AIM punters. Maybe this time they'll stop grabbing at tiny profits and splurging them down the pub and actually start achieving some wealth.

[tightfist] 08/12/2016 07:40

Encouraging news - and a great reference site to showcase. The 2030 endpoint (even in Sweden let alone Asia) also underlines that this is a long haul and patience is paramount!Cheers, tightfist

[multibagger] 08/12/2016 07:29

Good news of progress - though not a massive order, it validates the concept and demonstrates that we are making slow progress across a range of countries and with varying technical requirements. This is not at all unusual for new technology adoption and implementation. We are staking our territory and gaining market awareness and market share.

I am really pleased with Scandinavian validation as I see it as a more technically and demanding market. If we can make inroads there, then we are home and dry.

Guess the market will add another 0.001p to the share price today - good luck all :)

[cpap man] 08/12/2016 07:15

John Cronin, CyanConnode Executive Chairman, commented: "We are pleased to announce this Panmesh smart metering pilot project from E.ON. CyanConnode has been working with this utility in Sweden since 2006, delivering a robust communication solution, based on the legacy C3 product, which meets all Service Level Agreements.



"This is exciting for the Company as this will be the first project where the customer will deploy the full CyanConnode IPv6-based Panmesh solution as an evolution of their existing C3 deployment. Sweden is a leader in sustainability and the customer's focus is to support customers and communities to regulate their own energy consumption. This implementation is further evidence of CyanConnode's suitability for the European and global markets, providing an improved customer experience. We remain optimistic about the opportunity to roll out our standards-based solution as we further enhance our geographic reach."

[cpap man] 08/12/2016 07:13

RNS out from CYAN this morning ref: further contract wins

[lwaxf13] 07/12/2016 17:17

Another deal for 4,700 units and my target will go up to £1.50. That will be 4,700 + 4,700 + 10,000 previously is err a big number and pretty much the entire Indian market cornered ;-)

[lwaxf13] 06/12/2016 17:43

It will fly. World leader. Very amply rewarded BOD. Some might think excessively so compared to the returns of the business. Not paid enough IMO. Waiting for £1.

[dreamtwister] 06/12/2016 17:38

fact t/day i had a scam telephone caller from india asking me if i had recently had a accident, so i replied no he then asked me a few more questions of which i replied no he then asked if i knew anybody else ? so i gave cyan`s telephone number and to ask for john cronin,he thanked me kindly and said he would try to sort mr cronin problems

that call makes me smile, so watch the share price fly now

[lwaxf13] 06/12/2016 13:42

Seriously, you would consider wasting good stuffing on this? ;-)

If the 4,700 units is the much looked forward to sales news this side of 2017 then it is very disappointing for a world leader. How much is it worth in £? How much did it cost to win the business?

Keep the faith. This will fly. Another deal or two like this and we are off (again).

[dreamtwister] 06/12/2016 11:56

exodus of sells plus the 605 million overhang plus the monthly directors shares allowance and a order of 4.700 units.this turkey needs stuffing.

Issue of Equity

CyanConnode (AIM: CYAN.L), the world leader in narrowband RF networks for Omni IoT communications is pleased to announce that Nightingale Investment Company Limited ("Nightingale"), Fataarc Limited ("Fataarc") and other existing shareholders have agreed to invest a further GBP1,210,000 in the Group by way of a subscription for 605,000,000 ordinary shares of 0.01 pence each ("Subscription Shares") at a price of 0.2p per Subscription Share (the "Subscription").

Biggles Enterprises Limited ("Biggles") and Fataarc have together invested GBP3,050,000 into CyanConnode equity in June and October 2016. Nightingale and Fataarc (which are associated with Biggles) have now agreed to invest a further GBP1,050,000.

The investments are being made by way of a subscription for 605,000,000 Subscription Shares at a price of 0.20 pence per share (the "Issue Price"). 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 Issue Price represents a discount of 2.4 per cent. to the Group's mid-market closing price on 8 November 2016, being the last business day prior to the publication of this announcement.

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. The Subscription is not underwritten and is conditional only upon admission of the Subscription Shares to trading on AIM. Application will be made for the admission of the Subscription Shares to trading on AIM and it is expected that the Subscription Shares will be admitted to trading on AIM at 8.00 a.m. on 14 November 2016 ("Admission"). The Subscription Shares will be issued credited as fully paid and will rank pari passu in all respects with the Group's existing ordinary shares of 0.01 pence each. The Subscription Shares are not being made available to the public and are not being offered or sold in or into any jurisdiction where it would be unlawful to do so.

[lwaxf13] 06/12/2016 09:05

Well that's that then. Got all the right buzz words in there; "world leader", "Omni Internet of Things", "partner Eco-system". Just one important piece missing; revenue and income numbers.

They can keep their 0.6p. Holding on for £1.

[stav5001] 06/12/2016 00:14

Ok Iwax

You have a point. Perhaps some need to be expelled!

[lwaxf13] 05/12/2016 13:09

Must do better is an understatement!!! The performance of this has been a failure for shareholders except those who managed to get in at the lows. I am not sure how they dress this up positively at dog and pony shows.