Cyanconnode Share Discussion Threads

[davep4] 15/9/2017 10:52

With regards to Iwaxf13 comments, when JC joined Cyan the share price was 0.4p and it's now 0.14p, a dismal preformance.

However in fairness to JC, when he joined Cyan, the share price at 0.4p vastly overvalued the company and it's prospects at that time.

In due course we will find out whether or not Cyan is a completely different company from what it was and if JC doesn't pull a rabbit out of the hat in the next few months I will tend to agree with Iwaxf13.

[timbo003] 15/9/2017 10:03

Excellent news regarding the consolidation and pleasing to see at least part of the fund raise is going to be EIS/VCT qualifying, which should be very sticky money, although the company must have now more or less used up their life time allowance for EIS/VCT money (which is £20m for high tech companies).

I suspect a large portion of the fund raise will be attributable to the AIM specialist VCTs, as they are now currently awash with cash after recent fund raising rounds.

[bskiny1] 15/9/2017 09:41

Puff...thanks, certainly sounds better

[lwaxf13] 15/9/2017 08:50

Look at it drop. Way to go Cyan. Do we have sub 1 tenth of one whole penny soon for this world leading crock? I just don't get why we still have the same people on the payroll who have delivered failure for years. How many years would you keep paying an expert to do a job at your house if they keep failing and asking for more money?

[puffintickler] 15/9/2017 08:31

bskiny1

About 81 million sharesafter conso
Plus 31 million fundraising
Results in 112 million going forward

[lwaxf13] 15/9/2017 08:06

About 3 ;-)

The question IMO is how many shares would there have been if there had been no consolidation ahead of the fundraising? Now we have more reason to poke fun at this world leading company.

[bskiny1] 15/9/2017 07:49

so how many shares will there be after the consolidation...

[lwaxf13] 15/9/2017 07:21

Here we go again. Doing what they do best raising funds to keep this gig going. I guess pats on the back for the world leading team for getting the share price to 28p ;-). Anyone like to guess where it will go from 28p over 12 months?

How many millions have they raised over the years? How successful have they been for shareholders? Unbelievable.

[gleach23] 14/9/2017 17:37

anyone have any idea when the Interims announcement might be?

22 Aug last year

[yump] 13/9/2017 09:27

That's not what they said in the acquisition announcement. They mention Connode sales since 2006, the possibility for new territory growth etc. Presumably as a justification for the purchase. There is a mention of acquiring standards, but its not detailed.

£7mln is a lot to pay if its just for IP - unless they've explained that value somewhere later ?

[davep4] 13/9/2017 00:14

SBP - Cyan didn't buy Connode for the order book, it was for the IP.

[dreamtwister] 12/9/2017 20:56

implant the cyan chip up the rampers a#### and when it is ramping artificial intelligence the signal goes back to the cambrigde not-spot warning a surge in share trade volumes,so the cyan bod can issue more shares to supplement the demand,then sell your holdings on the spike & take advantage of capital gains exemption on nothing !

just a thought !

[lwaxf13] 12/9/2017 17:18

Other uses for the tech. You have to laugh out loud. They clearly have the global smart meter market saturated so now to focus on other uses.

Seriously though with all the self promotion where is the money befitting such a world leader? What they lack in money they make up for in PowerPoints ;-)

[dreamtwister] 12/9/2017 15:05

the article highlighted other uses for the tech !

[rochdale] 12/9/2017 14:54

I suspect that has been placed by Cyan.

[lwaxf13] 12/9/2017 11:06

When it comes to cyan I am 100% cynical about everything they say and do. The cynic in me wonders is that page 2 piece 100% independent or did Cyan have a hand in writing it and/or somehow pay for it?

[chezt] 11/9/2017 17:41

Dreamtwister: Excellent find - keep up the info!!

[yump] 11/9/2017 17:19

SBP

Perhaps they'll break down how these orders are likely to come out as revenue at some point. I'd have more confidence then. I am out atm as had not done enough research on first purchase, although impressed by the tech. and orders, so cashed in and struggling to get an idea of actual revenue visibility vs order book. I thought they've give some guidance by now - went looking - couldn't find any.

[multibagger] 11/9/2017 17:13

Check out the August edition of

hxxp://www.indiasmartgrid.org/newsletter.php

Page 2 has a write up about Cyan - looks like an advert/technology placement but does not specify it as such. Interesting to see that we are adding health, banking, weather, environmental sensors etc to our product portfolio and applications.

Good luck all :)

[lwaxf13] 11/9/2017 16:41

lol - you hard work ramping this share?!! I would hate to see your ramping on a bad day ;-)

Keep up the ramping.

[stupidboypike] 11/9/2017 16:13

yump, I don't believe they bought Connode for the historical sales, rather the forward order book and the technology.
e.g.:-

"The order book, representing the value of purchase orders received but not yet delivered, grew significantly over the six month trading period from GBP13.0 million to GBP20.1 million, which is in addition to the expected GBP25.0 million of software licence and support fees from the UK smart metering contract."

Best regards SBP

[ny boy] 11/9/2017 15:59

Yawn, ignore the noise, happy accumulating, I was told to buy by a shrewd old owl down at Canary Wharf.

Patience required, will check back on progress before Xmas.

[yump] 11/9/2017 15:37

I guess I don't buy it. If that transition was planned at the time of taking over Connode, then the Connode model was in effect legacy and Cyan paid excessively for a revenue that was certain not to happen.

[dreamtwister] 11/9/2017 14:26

read page 2

this has been hard work ramping this share, as i was running out of good things to say !