Cyanconnode Share Discussion Threads

[realist1950] 12/2/2018 14:08

Expect them to ring the dinner bell prior to the next placing with something upbeat.

Just wait, watch and observe.

All in my opinion, as ever.

[realist1950] 12/2/2018 14:03

Marked up smithless.

The market is finally waking up to this crock.

It has been bankrolled by waves (almost generations now!) of inexperienced PI's who are all too keen to believe the story or fundies with little care for their clients money....."well afterall they said they wanted some higher risk exposure, didn't they?!"

Meanwhile the renumeration received by the BOD is, in my opinion, immoral - higher than some FTSE 250 companies who are performing WELL.

So I will sit back and let them prove the model first, then buy in, at an albeit higher price but with little to zero risk.

This is the way to accumulate wealth.

I believe in the absence of news this will be through 12.5p this week.

Don't forget the full year figs to December are just around the corner. I believe they will show a FY loss of some 8 million sterling. Maybe more.

[smithless] 12/2/2018 13:07

This says it all for me.

From the acquisition RNS release of Connode June 2016 - Revenue £2.3m as of 31 Dec 2015

As at 31 December 2015, Connode had net assets of circa £0.5 million and generated EBITDA of £0.2 million in the year ended 31 December 2015 from revenues of £2.3 million.

Trading update Jan 2018 - revenue for Group expected to be £1.2m

As a result of this delay, revenue for the 12-month period to 31 December 2017 will be significantly below market expectations at £1.2m.

Great acquisition. Don't believe anything these guys say

[dreamtwister] 12/2/2018 11:46

climate change and the hype of smart meters will save the planet,the hype was for the dictators to cut carbon foot prints or face tax tariffs."call my bluff",

[realist1950] 12/2/2018 08:45

And no it's no longer a 'game changer' if the pipeline is monetised, as you say.

The time-scale for that, ie the roll out, as announced by the company itself, is vast - many many years.

How do you expect the company to fund itself in the meantime? They need a flood of contracts with big upfront or imminently weighted payments but they don't have that and they are unlikely to get those in the territories / industry in which they are engaged.

You are presently looking at a company with little to no meaningful revenue and with cash demands on a parr with a mining company working in hostile conditions.

Not an ideal situation.

And the company is still valued at around £18 M.

This may rally at times but ultimately will fall further imo.

Why? Because the business model remains unproven and currently it's highly unsustainable without further cash calls on investors.

Afterall the company has a 10 year + track record of doing just this.....having never achieved significant revenues.

And you are blaming me!? That's actually very cynical and very misleading to others.

Really. Pull your head out.

[realist1950] 12/2/2018 08:37

Oh, FFS, DWALL, pull your head out of your backside.

The share price is where it is for a reason.

I am like any of you and am not working the price down for my own gain. Instead I'm on the outside with a clear, unbiased view in on the situation. Look at the valuation vs what the company is delivering (and has historically delivered). On that basis the company is still overvalued in my opinion.

You, like others, are guilty of being price anchored to the reconsolidated price....which was actually a pure fantasy, not based on fact, and designed to give the stock the necessary scope for further placings imo. It was never reflective of what the company is actually delivering.

Meanwhile, cash burns at a rate of around £1 Million a month.

In the absence of meaningful orders, the share price will track this cash haemorrhage.

Wake up.

This company will place again imvho. We'll see.


dwall
Posts: 702
Off Topic
Opinion: No Opinion
Price: 14.15
View Thread (2)RE: RE:CurrentSat 19:08Vascular

You seem very much on the technical side of your investment if i may so!?

Potential acquirers likely are tempted right now but their BOD will not want to take it any further until they see monetisation of our existing pipeline thus proving our basic worth for them.

Then they can attach realisable figures to what they want to pay for us plus they will get the potential of further orders, territories etc in place with the purchase.

Its this part which will be interesting if and when we do monetise and they start this process.

This is not wishful thinking, this is what the BOD have always set out to achieve imo.

Undoubtedly there are elements working now to keep the share price low so in the event we do monetise (not a given yet, just ask any of the stale bears on here, lol) as then potential acquirers can start from a lower base.

It costs very little to manipulate the share price at the moment.

Then there are traders who see downtrends in place like The Realist who talk the share price down to try and get it to continue its momentum for his own gain, fair enough but i personally do not like how dishonest he is in his approach to it, just my opinion.

Then there are of course the tiny disgruntled investors like Colourbounce who are obsessed with dissing the share price because they feel hurt and let down and do so by bringing up irrelevant arguments etc to make themselves feel better about their loss and deter weaker holders like themselves.

Its all in the play of AIM.

If we monetise the existing pipeline then its a game changer.

The market is veering on the side that we won't do that before we have to place for more money.

Personally i am hoping that will not be the case.

Who knows.

GL

[lwaxf13] 09/2/2018 18:22

Oh sweet £&&&. I just now checked the share price for the first time this week I think, because I have written this company off as going to failed company heaven soon. Looking good on the bid at 13p. That's .065p in old money. Now let me get my calculator out again to see how brilliantly the Cyan big hitters have been here. This is down about 85% since they arrived. They can have full bragging rights on that down the golf club when mingling with other big hitters and captains of industry.

[lwaxf13] 09/2/2018 18:07

No no :-) What I mean is I think they could be very profitable if they switched their business model away from technology which is clearly not their strong point to selling sliced bread.

Market for sliced bread = HUGE
Market for Cyan widgets = Not a lot

How many people in our target market, India? About 10 trillion!!! How many would buy a loaf of sliced bread every day? Yes, that's right, all of them, about 10 trillion @ £1 each is err let me get my calculator ... A Lot!!! Divide a lot between the shareholders and insiders with options and I reckon we could be looking at the same value as Bitcoin per share.

[sabre6] 09/2/2018 15:42

Iwax
Do you mean this company is the best thing you have seen since sliced bread

[lwaxf13] 08/2/2018 18:04

Looking forward the the day when I can buy a loaf of sliced bread and it has Cyan on the label. Are Cyan getting into the sliced bread market? I think sliced bread would sell better than chips. IMO it would not be a bad idea if they got into thE sliced bread market. Could that have been what that fella "what's his name don't send me on a train" meant when he said something a while ago about sliced bread?!! We could make loads of dough here ;-)

Come on, Its hard not to poke fun at this world leading gravy train.

[lwaxf13] 06/2/2018 18:53

The markets take a tumble but they are late to the party. Cyan has had this tumble covered for years. At last cyan can get the world leading recognition it deserves as a top managed loser of a company that has been trail blazing destruction of share holder value way before anyone thought of market tumble ;-)

[realist1950] 06/2/2018 09:34

(And no, we are not the same person / people...yawn).

[realist1950] 06/2/2018 09:33

Excellent, reasoned posts by both colourbounce and jakeandelwood late last night and into this morning (LSE) in response to the blinkered house ramp monkey, TonyJ.

[dreamtwister] 06/2/2018 08:33

oh dear mr dwall,would you kindly stop ram raiding with your under tonnes of filth, as gentlemen we like to observe fellow board members points of view,so please take control of your frustration.

[dwall] 05/2/2018 21:24

If you weren’t so bitter your posts might hold more credence.

John must have really got to you Old Timer!

Lol

[realist1950] 05/2/2018 21:09

jakeandelwood & Colourbounce (LSE)- you should not feel as though you have to explain yourself to the likes of tonyj.

I'm afraid he's the resident 'house bull' and every thread has one.

He possibly has some or all of the following characteristics:

1) Is committed (ie money in)

2) Relatively new to the stock

3) Probably inexperienced with the markets (in general)

4) Conducts far TOO MUCH research - ie fanatical.

5) Is in bed with the company (ie too close / too emotionally attached).

6) Will one day be a bear and replaced with a new Tonyj.

It's the 'churn' of such investors which help keep many AIM stocks a going concern.

[realist1950] 05/2/2018 20:45

free stock charts from uk.advfn.com

[dreamtwister] 05/2/2018 20:31

don`t give up yet we have smart water/gas meters to exploit and all those lovely tax credits,

[realist1950] 05/2/2018 20:23

It's also interesting to see how the smart lighting has somehow leafed it's way back onto the radar, isn't it?

CYAN's much lauded venture with Shanghai Yaming was years ago, spouted prior to further placings yet seemed to fall off the radar, like other things, (TNEB for one) soon after.

I'm afraid the company has a solid track record of:

1) Promising much.

2) Delivering little cash.

3) Funding it's activities of over a decade almost solely on fundraisings.

4) Paying it's directors extremely well.

[realist1950] 05/2/2018 20:09

You are correct Iwaxf13. I don't think the company will consolidate again. I don't think it will get that far.

But will they fundraise again? In my opinion, most certainly. And probably many times.

Going by past performance, they could raise and dilute for several more years. Lets face it, if the company is still having to fundraise even 2 years from now, it will more or less illustrate that their tech has failed to be adopted en masse, with other competing companies and technologies winning the market. The company therefore needs to be doing big business NOW, or better still, 18 months ago.

Only just recently GPRS solutions (a competing solution, which is not what CYAN is offering) have shown to be winning large contracts in India.

lucicavi - unless serious revenue arrives soon (serious = multi-millions), the shares will continue to drop. The price will, to some degree, track the constant outflow of cash here (which is running at, my guess, >£1 million a month). In the absence of cash inflow, 12.5 is the next step here. The stock is in a very well-defined down channel. As cash runs out, the omnipresent 'threat' of another cash-call, crystalizes into reality....and so the drop in the shareprice becomes 'compounded'.

As soon as it's a given they will fundraise again, then you'll see the drift to c.8.5p. Remember, 8.5p would still value the company at around 10M which, on current form and, by then, little cash remaining + imminent dilution, would seem a fair enough valuation to me.

I believe that inflexion point is perhaps sooner than some might think.

I estimate that the company has already burnt nearly £170k this month alone and we're only on the 5th. I think at the end of February, cash will have dropped from a healthy 8.5M (September) to just c.£3M. (This is just my estimation).

Since they will not let the coffers run completely empty before asking you all for more, they could potentially place late next month or perhaps April.

The question is, with not much coming in, how much cash would you choose to keep in the company before a fundraising?

One months outgoings? (£1M) Two months outgoings? (£2M?)

There may be rallies on the way down as the company tries to release good news......and I would not rule out a bullish update prior to the next cash call. But at the moment, it would seem to me that the cash simply isn't arriving quick enough and in sufficient quantities to stave off more dilution.

Call me whatever you want.....but at least I support my perspective with something verging on the reasoned.....unlike the bulls on the LSE (the hapless tony for one) who keeps squarking £5 a share, seemingly not even understanding the basics behind and implications of such a ridiculous valuation.

He was telling everyone 17p was the floor the other week and urging that it was a good entry point.

Unlike him, I'm not swayed by my own needs.

The delayed contract from December may turn up before the end of March, but I really don't think it will be enough imo.

We'll see.

ADYOR. All in my opinion only, as ever.