To sustain their giddy rate of expansion, cash flow necessitates IMO some fundraising - let's see how they can pull that off. As I said before, in any event shareholders need to see Sales per Share continuing climbing. |
Axia have obviously put their cheque book away for the time being.
Now we'll have to wait to see how many they take up in this month's anticipated fundraise. |
NSGM awards make interesting reading and seems to be updated at least weekly. I looked last week and was struck how diverse the AMISP names are now becoming - how many will select Cyan Comms - opportunity for our own CC JV AMISP's too! Several of the state packages can be seen spilt between AMISP's. |
Evening all. Another day designed to test our patience. Clearly there is a lot going on in the background, but we, the faithful, are reduced to reading the tea leaves. On the other board, LTI has provided a link to the NSGM smart metering dashboard. I haven't looked at it before, but it does make interesting reading. A pretty large number of contracts have been awarded, but I suppose many of these have still to make their way down to the sub-contractors, like CC. The sooner the better. I see that LF's remit includes investor relations. It would be nice to think that he isn't restricted to schmoozing those and such as those but also includes the bottom-feeders like myself. If there isn't some decent news next week, I may have to seek help. GLA (don't know why I keep typing that; never seems to do any good). |
Hi SBP :)
Interesting to see a number of Indian CMs on "tours to attract foreign inward investment"....the Rajasthan crew were here some weeks ago and now MP. Lot of posts on LinkedIn and X relating to this meeting with JC and HP.
Good to see JC and HP meeting with the Indian CMs and delegations.
Interesting highlight that the state of MP has a population of 88m people or 131% our entire UK population and it is just the 5th most populous state in India. The mind boggles !
MP has the largest deployment of our smart meters by far in India at the moment. |
I’m sure the cynics will pooh pooh this (blackadder reference!) but I think it is a big deal. Those are serious people in the meeting with John and heather
hxxps://x.com/cyanconnode_ind/status/1861808356031103170?s=46&t=O9mOSillsloxGkiCEr5KWQ |
IC seems to have veered away from UK shares coverage (especially micro-caps) and the interesting stuff seems to now be siphoned off to IC Alpha (that I won't pay for, on principle). So lack of IC coverage is no big deal to me; seriously thinking of cancelling IC sub. Weakness of company promotion is an issue IMHO |
....I'm worried that a offer may disappoint expectations...for some ..and a loss of connection to journey for others |
itt, I guess as you say, it raises the question why have they not covered. Could be lots of different reasons like it's too small (36m is pretty small), or they have been put off by the fact that big orders have been promised on and off for 10 years or more and never materialised (until the last few months that is) or, as you say it could be more concerning. I don't know the answer, but for that reason it is of some concern. However, there are lots of concerns with small companies. Top of my list here is lack of patent protection. However, you have to weigh those against perceived upside, and in my view that (currently) outweighs the risks/downsides. I guess that is what investing is all about weighing up risks/rewards and making good decisions.
Best regards SBP |
Hi SBP
Thanks for your post.
Why do you find it concerning?
GL
ITT |
itt I think complete lack of coverage in Investors Chronic or similar is of some concern. However, 4 years ago the shares were under 2p, I know because I bought a bunch. That's a five bagger in 4 years, IC never covered them then. If we 5 bag again in the next 4 years I'll be pretty happy ( I think they may do better than that as it happens). The point I make is that these magazines are by no means the be all and end all of investing.
Best regards SBP |
Hi DTB:)
Oxford overrated LOL ! Cambridge better needless to say and of course I am biased :) |
I love the way nobody says anything about the complete lack of coverage of Cyan in shares magazines or newspapers. Ten years and counting.
Is it because the BoD (mainly JC) block it because they (he) don't want the scrutiny that would come with that?
Come on Gizmo555, please give me your spin on it. |
Hi inthetin .15% = maybe ...balanced close ...20% = shareholder % influence tipped ...cheap very cheap .....value ....installations increasing at brisk pace as will future income..50% year on year ...everything balanced ..perfect timing |
No, I'll let you work out the significance of holding more than 50% yourself.
GL
ITT |
Hi DTB
I think that you are counting DJP's holding twice. It's catching! (and you got 2 thumbs up immediately)
GL
ITT |
Morning ITT. As of yesterday, directors and significant shareholders hold 57.37% And there are probably quite a few, including some on here I would imagine, who have holdings not far below the threshold. Whether any of it amounts to a hill of beans or not is another matter. Anyway, back to watching the emulsion dry. |
According to Cyan's website (which might/might not be up to date), majors and directors now own 51.9% of all shares.
There seems to be a chance that some of Premier Miton's and Axia's holdings could be the same shares but not enough to test the 50% (well, it's borderline). |
When, like me, you have a brain with the processing power of a Sinclair ZX81, it's all cryptic Gizmo. Been lots of interesting bits and pieces happening recently but unfortunately not having much cut-through with the share price. I am a loyal supporter of the company over many years but we are now at a point where the board need to get the finger out and get the share price moving up. Let's hope LF's expertise can help with that. But thanks anyway for your always intriguing interventions. Keeps the little grey cells firing. |
Hi Derek ....not cryptic link to MCA and how rules fastracked to allow UK company to merge into its Indian subsidiary.... |
You can only sell £1,500 worth with AJ Bell ATM, which suggests to me that Axia have stopped buying or at least happy with what Mr TU has for sale. |
DYB, IMHO just a dubious algorithm. Ask the software engineer....... |
Hello MB, maybe take a look at what Miton MINI announced on 18 November. It includes.".... has started discussions with Premier Miton about putting forward a scheme of reconstruction under section 110 of the Insolvency Act 1986 and voluntary winding-up of the Company (the "Scheme") through a rollover into one of Premier Miton's open-ended funds. Should the Scheme be put forward, it is expected that a cash exit alternative will also be offered. The winding up of the Company will be subject to shareholder approval and further announcements will be made when appropriate".That is why I said we need to await a proposal and a Shareholders meeting. They seem to have the option to make in-specie transfers to other Miton funds, which opens-up a myriad of options for the disposition of the Cyan (and Serrano) shares |
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