Share Name Share Symbol Market Type Share ISIN Share Description
Cyan Holdings LSE:CYAN London Ordinary Share GB00B0P66Q02 ORD 0.01P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  +0.00p +0.00% 0.17p 0.165p 0.175p 0.17p 0.17p 0.17p 2,202,265 07:50:26
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Technology Hardware & Equipment 1.8 -7.9 -0.1 - 30.35

Cyan Share Discussion Threads

Showing 22026 to 22050 of 22050 messages
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DateSubjectAuthorDiscuss
17/8/2017
16:00
repost, fozdad 16 Aug '17 - 10:41 - 1428 of 1435 2 0 Multibagger, the recent RNS does not mention margins, you are perhaps confusing margin with the %age of software licence / support fees. So I don't think Cyan are giving away any commercial secrets! 55% of the $10 million order is for software and support over a period of ten years and I would expect the margin on this part of the order to be more like 80+%, however, the margin on the remaining 45% of the order will be naff all. Maybe a total profit of $5 million over the 10 years of the contract or an average of $500k pa. With the other two contracts from Bangladesh, that means maybe $1 million (rounded up) pa, this assumes that Cyan can deliver in double quick time. That ability to deliver has got to be questioned. With an order book of £20m+ in the first half plus the fabled £25m for the UK contract, CYAN managed to book revenues of £600k, half of which was recurring charges. In other words, they booked a massive £300k of new business from an order book of £20 million. They are going to have to get a bit of a shift on to meet their targets, never mind get anywhere near to cash break even! With £3million in cash at the end of June, I doubt they can see the year out without a further placing and I don't see this pattern changing for years, if ever. Maybe the world class JC provided a different message from his world class company in his latest world class interview but I'm afraid I just can't stomach listening to his world class smug, patronising, self congratulatory voice for another second, so I'll miss out on his world class message! Just saying ;-) not long until intrims
dreamtwister
17/8/2017
09:55
No problem multibagger, same to you
fozdad
17/8/2017
09:30
Dipped my toe in whilst carrying out more research. Also looking for the next IQE after holding them for 6 yrs, but as I well understand timing is everything and I would rather have been holding from June 2016. The key difference with Cyan is dilution, IQE were always profitable, had a steady stream of revenue from their GaAs cash cow and were always cheap because the market inappropriately branded them as a commodity business even though their small photonics business was growing rapidly and they were maneuvering into other potentially lucrative contracts, alliances and growth markets. FTC could also potentially fit the bill with their broadband division hitting a rich niche seam similar to Cyan, though they currently suffer from lumpy sales , they are working hard to broaden their customer base. ITM is I believe another one on the cusp. Share dilution has also been a problem due to the inertia in getting the technology established. But again they seem to have found a niche in the bus market which is significantly more receptive to adopting the technology as councils are under huge pressure to reduce pollution from diesels in city areas, a problem I believe is being greatly played down.
rogerrail
17/8/2017
07:31
Re post 1428, Thanks fozdad for your input - I stand corrected on the issue of margins. With regards to your other points,I don't share your views. Patience is required with CYAN and many LTHs would be frustrated. Good luck with your investment decisions, whatever they maybe.
multibagger
16/8/2017
17:54
I have had a few of these recently as part of a high risk group. fwiw I don't think the market is misreading and I don't think its just legacy stuff that is stopping the price moving much. First of all, a large number of these contracts are being delivered over a lot of years. Secondly at the last results there was revenue of 2mln and costs of 7mln. So even if you bump up the revenue to say 10mln on those results, some costs will also go up and its not that easy to get a profit figure yet based on some revenue assumption. Having had its speculative boom and bust (more than once ?), my guess would be that the only thing that will move the price significantly now is an inkling of operational profits appearing.
yump
16/8/2017
17:49
Why not get real. I'll be happier when CYAN is self funding, or finally making a profit, and at a share price that means that I and countless other PI's (whose investment made all of this possible for new investors) get a return on OUR WORLD CLASS investment, or at least break even. PI's do not get matched share options or warrants!
stav5001
16/8/2017
17:36
That was news on 8th August. Expanding an existing partnership is hardly poaching. Why not close your short and put your money in Silver Spring?
ricardox
16/8/2017
17:19
hTTps://www.metering.com/news/silver-spring-networks-london/ silver springs poaches contracts for the city of london for smart street lighting. from under the nose of the uk world leading narrow band cyancannode, are the lights going dim in the cambridge not spot ?
dreamtwister
16/8/2017
14:34
welcome to the reality board,so i hear you, but somebody is speaking with my words but imn listening with my heart,the above post is a good breakdown of the smoke & mirrors senario,que rampers to defend your loyalty to a world class leader in narrow band,the silence is deafining !
dreamtwister
16/8/2017
10:41
Multibagger, the recent RNS does not mention margins, you are perhaps confusing margin with the %age of software licence / support fees. So I don't think Cyan are giving away any commercial secrets! 55% of the $10 million order is for software and support over a period of ten years and I would expect the margin on this part of the order to be more like 80+%, however, the margin on the remaining 45% of the order will be naff all. Maybe a total profit of $5 million over the 10 years of the contract or an average of $500k pa. With the other two contracts from Bangladesh, that means maybe $1 million (rounded up) pa, this assumes that Cyan can deliver in double quick time. That ability to deliver has got to be questioned. With an order book of £20m+ in the first half plus the fabled £25m for the UK contract, CYAN managed to book revenues of £600k, half of which was recurring charges. In other words, they booked a massive £300k of new business from an order book of £20 million. They are going to have to get a bit of a shift on to meet their targets, never mind get anywhere near to cash break even! With £3million in cash at the end of June, I doubt they can see the year out without a further placing and I don't see this pattern changing for years, if ever. Maybe the world class JC provided a different message from his world class company in his latest world class interview but I'm afraid I just can't stomach listening to his world class smug, patronising, self congratulatory voice for another second, so I'll miss out on his world class message! Just saying ;-)
fozdad
15/8/2017
22:44
Repost from a reply on another CYAN thread.... The Bull re post 1419... The software margins are 55% in this particular contract and if you go through the several old RNSs this is the ball park figure. Personally, I am not sure that telling the whole world that you are making such great margins makes for easy negotiations with prospective customers. Re the market cap not budging, there is a strong negative sentiment which appears to have been brought about by repeated fund raises and dilutions over the last 14+ years. A lot of disgruntled and conflicted investors who feel "locked in and diluted out". CYAN was on my radar for a few years and I got in only after the ground breaking £10m Iranian order, which to be de-risked the commercial viability of the technology. If you listen to the BRR interview with JC today, he states that the order book has grown to £28m this year, not taking into account the £25m UK smart metering contract. This Bangladesh order started with a $5m in Feb?, followed up with $9m in Jun and now a further $10m extension in August....so $19m in total in about 6 months from one supplier in one country....how many companies have done that ? Then there is the 5m (yes, 5 million smart meters) contract which closes on 25 Aug 2017 in India. The Earnest Money Deposit alone is in the region of £2.4m and if similar to other tenders, a 1% EMD seems to be in vogue. Therefore, potentially a couple of billion to play for.... I am sure that we will be bidding and possibly alongside different meter manufacturers (like the Intel inside model) - so vendor agnostic. More details on this contract has been posted previously. So CYAN is at a hugely exciting point....good luck whatever decision you make :)
multibagger
15/8/2017
22:43
The Bull re post 1419... The software margins are 55% in this particular contract and if you go through the several old RNSs this is the ball park figure. Personally, I am not sure that telling the whole world that you are making such great margins makes for easy negotiations with prospective customers. Re the market cap not budging, there is a strong negative sentiment which appears to have been brought about by repeated fund raises and dilutions over the last 14+ years. A lot of disgruntled and conflicted investors who feel "locked in and diluted out". CYAN was on my radar for a few years and I got in only after the ground breaking £10m Iranian order, which to be de-risked the commercial viability of the technology. If you listen to the BRR interview with JC today, he states that the order book has grown to £28m this year, not taking into account the £25m UK smart metering contract. This Bangladesh order started with a $5m in Feb?, followed up with $9m in Jun and now a further $10m extension in August....so $19m in total in about 6 months from one supplier in one country....how many companies have done that ? Then there is the 5m (yes, 5 million smart meters) contract which closes on 25 Aug 2017 in India. The Earnest Money Deposit alone is in the region of £2.4m and if similar to other tenders, a 1% EMD seems to be in vogue. Therefore, potentially a couple of billion to play for.... I am sure that we will be bidding and possibly alongside different meter manufacturers (like the Intel inside model) - so vendor agnostic. More details on this contract has been posted previously. So CYAN is at a hugely exciting point....good luck whatever decision you make :)
multibagger
15/8/2017
21:56
Just catching up on the day and spotted Finncap have reiterated "corporate" rating and target share price @ .50p. Lots to play for!
techno20
15/8/2017
21:48
I'm in not too dissimilar position to Monty - held IQE for several years (though not 9!) through some painful times. Sold 60% on a three bagger following director sales at 69p. Felt pretty pleased with myself at that point. Now approaching £1.50!! Running the rest, thankfully. They've already paid for one DD to go through uni, now looking for Cyan to fund the other one! I'm with MB, that the markets' not got the Cyan story yet. Today's RNS is really positive on lots of fronts - strong vindication of the proposition from an existing client, decent near term revenue and building the embedded value for the long term too. I'm under water on Cyan (avg c.0.22p), but don't think it'll be long before the share price moves beyond this. Not expecting another IQE, but definitely has the potential to multi bag in the next 12 months. GLA.
techno20
15/8/2017
17:41
Mmn, but the share price of IQE has more than doubled in the couple of months since Monty9 sold 1/3 of his holding. In that respect at least, you wouldn't want to emulate him. One shouldn't be too greedy and expect to sell at the top, but even part selling when story is only just unfolding must be a bit frustrating.
aimingupward2
15/8/2017
17:04
Cheers emptyend....on the IQE thread a poster called Monty9 has been holding IQE since 2009 and sold 1/3 of his holdings at 71p apparently. That's keeping the faith and reaping the sweet rewards of patience and conviction. We'll do likewise....no doubt about it and a lot sooner than in 8 years !
multibagger
15/8/2017
16:57
I broadly agree with those comments. There will come a time when the market suddenly reappraises the prospects for Cyan - but when that will happen and what will trigger it is more difficult to say.
emptyend
15/8/2017
13:43
Hi emptyend... I am slightly underwater in terms of my average cost but relaxed with the current state of play. To me CYAN is a compelling story with its massive growth potential and recurrent revenues over many years - before we are of course bought out. I had a good gut feel for IQE but missed the early rise from 18p onwards and have taken just under 200k shares there over the last 10 days or so. There are parallels in the way the market is reacting to CYAN, as it did to IQE before the recent massive spike. I want to make sure that I capitalise on this anomaly (as I see it) - basically learn from my mistakes. I may continue to add CYAN - at these prices they are a steal IMHO. I agree that a CYAN fund raise is likely or inevitable given the scale of contracts we are winning, but given my investment horizon, I am not too fussed about trying to fine tune to the one hundredth fraction of a penny. Consolidation of shares will happen at some point, that is inevitable as well probably closer to the time when dividends are being considered. The cynicism/scepticism around CYAN will lift, but in the meantime it is time to be greedy ! Good luck all - the signs are there for all to see - Fortuna aduaces iuvat :)
multibagger
15/8/2017
13:41
To me CYAN is a compelling story with its massive growth potential and recurrent revenues over many years - before we are of course bought out. I had a good gut feel for IQE but missed the early rise from 18p onwards and have taken just under 200k shares there over the last 10 days or so. There are parallels in the way the market is reacting to CYAN, as it did to IQE before the recent massive spike. I want to make sure that I capitalise on this anomaly (as I see it) - basically learn from my mistakes. I may continue to add CYAN - at these prices they are a steal IMHO. I agree that a CYAN fund raise is likely or inevitable given the scale of contracts we are winning, but given my investment horizon, I am not too fussed about trying to fine tune to the one hundredth fraction of a penny. Consolidation of shares will happen at some point, that is inevitable as well probably closer to the time when dividends are being considered. The cynicism/scepticism around CYAN will lift, but in the meantime it is time to be greedy ! Good luck all - the signs are there for all to see - Fortuna aduaces iuvat :)
multibagger
15/8/2017
10:54
Impressive, Multibagger (depending on your average cost ;-)). I'm at a fairly modest (just) 8 figures at an average of just under 0.2. I'd be looking to add on dips but have plenty of risk elsewhere with two other holdings of about 15-20x that size (energy sector) so I'm opportunistically looking to add here rather than chasing it, unless I get a major release of funds.
emptyend
15/8/2017
10:36
The gross margins on the product must be very poor. How can you pick up $10M orders and it hardly affects the market cap
the bull
15/8/2017
09:26
Fully agree with you philjeans and I have now a large 9 figure holding....either I am going to be very wealthy....or will have to take it on the chin :)
multibagger
15/8/2017
09:24
Well, I think the market is mis-reading the CYAN story and I have therefore added another 17,223,153 shares today... Good luck all :)
multibagger
15/8/2017
09:23
Well, I think the market is mis-reading the CYAN story and I have therefore added another 17,223,153 shares today... Good luck all :)
multibagger
15/8/2017
09:17
Bought A FEW million this am as an initial investment. Like the look of the chart, product and order book. May add later.
philjeans
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