Hi SBP
If JC said as recently as 08/11/24 that he was confident of meeting Bob's estimate of a £2.5M profit for FY25, why aren't you?
If you are accepting that they will hit the revenue estimate, which figure(s) in Bob's forecast differs from yours?
Thanks re NIAI.
Cheers
ITT |
I am less confident on profit to be honest. I would be delighted if there is any profit. Happy if break even. NIAI - no investment advice intended.
Best regards SBP |
Hi tightfist & SPB
That's great. I hope that you are both right.
How about Bob's £2.5M forecasted net profit for the FY25. Are you as confident about that figure?
Sorry, what does NIAI stand for?
Cheers
ITT |
FWIW I also fully believe we will make the H2 target. Best regards SBP |
Hi ITT, re: #9387, yes I do, ACTUALLY. JC put his confidence out there on 8 November: "Given this pattern, we remain confident in meeting market expectations for FY 2025". .JC made a similar confidence statement last FY on 05.10.23, that was later borne out with a 15% Revenue forecast beat, based on what was forecast at that time (Stocko data), so it has some credibility..Independently, according to my own calcs. with very prudent rate assumptions, they already had 76% of the orders in progress to meet Indian revenue forecasts for FY2025, BEFORE the 6.5m LoA landed, with an H2 projected supply start-up. But I accept that the H1 to H2 forecast uptick is unnerving. NIAI! tightfist |
How much cash have they left, March 24 £780K.... Depends on revenues and expenditure since then, AIM rule will compel them to show at YE, they have sufficient funds over next 12 months.
Crunch time soon... |
I thought not.
The max that you can sell today is £460 worth. |
Hi tightfist
Yes, but do you REALLY believe that Cyan's revenue in H2 FY25 is going to be £29M? |
ITT; please refer back to post #9340 where I figured CC were working their way through sufficient backlog to meet both FY2025 and FY2026 (£40m) F/C revenue, provided the LoA gets converted to orders, and installers call-off the modules/meters in sufficient time..I was hoping to quell the weekly BB angst about orders. Instead the tightspot IMO is potential customers and Shareholders gaining line of sight to sufficient Working Capital growth. |
Does anyone really believe that Cyan's revenue in H2 FY25 is going to be £29M (i.e. 5 times what it was in H1 FY25? |
Good PR to see CC taking a public bow alongside Intellismart |
Thanks for that hatfullofsky. |
 In a significant move to dispel myths and promote the adoption of smart meters in the state of hashtag#Gujarat, Shri Kanubhai Desai, Hon’ble Minister of Finance, Energy & Petrochemicals, Government of Gujarat, installed smart meter at his residence in Vapi.
In a special programme, he highlighted that hashtag#smartmeter installation is free of cost and contributes to national development by providing accurate daily electricity consumption data via a mobile app. Contrary to misconceptions, smart meters do not increase electricity bills. Instead, they ensure precise consumption tracking, empowering consumers to manage their electricity usage efficiently and save money.
We extend our gratitude to Shri Yogesh Choudhary, IAS, Managing Director of Dakshin Gujarat Vij Company Limited (A Government of Gujarat Undertaking Enterprise), for his exemplary leadership in managing this initiative and ensuring smooth execution. Kudos to the DGVCL officials and employees, Gujarat Energy Transmission Corporation Limited (GETCO) Managing Director Upendra Pande, Vapi Industries Association President Sh. Satish Patel, and the entire IntelliSmart Infrastructure team for addressing consumer concerns and leading the entire execution on the ground.
We especially thank the large number of citizens who joined the programme, showcasing their support for Gujarat’s journey towards smarter and more sustainable energy solutions.
The smart meter at the Hon’ble Minister’s residence communicates seamlessly over CyanConnode’s Omnimesh RF network, ensuring robust, reliable, and secure connectivity. Together, we are building a brighter, more energy-efficient future for all. |
Hi ITT. Not on LinkedIn, so could you possibly explain what that post was about? Thanks. |
Gujarat international finance tech city ... |
"smart meters do not increase electricity bills" - that's got a bit a ring to it.
Perhaps Cyan could adopt it as its marketing slogan. |
A great reference site! |
This has been posted a couple of hours ago and still the share price goes down:
hxxps://www.linkedin.com/company/cyanconnode-india/
You just can't win! |
I think you meant 2019 TF. If it's still 2.525p in 2029 then we're stuffed. Worth bearing in mind that in February/March 2020 you could have tucked a million of them into your ISA for around £15k. |
Hi SBP; FYI, the lowest I ever bought Cyan was on 06.11.2029 at 2.525p; however, there were plenty of chances to buy a lot lower during the next 8 weeks. .Incidentally I don't bear IPO grudges; with the patience of a pseudo-saint (and averaging up/down 22 times) I am now well into a paper profit - let's keep it that way! |
itt, Your post had intrigued me so I went back to check. I posted that I had bought some (quite a few shares I think) on 4th Nov 2019. Price then was around 2p I'm sure. I certainly do not always post when I buy, and I think I bought more after that around that price too. Anyway point remains, share price is up since those days but miserable over the last 3 years. Hopefully over the next 12 to 24 months we will make all long term holders happy (perhaps not those who bought in the initial IPO admittedly! ) Best regards SBP |
One problem I can see as revenue increases so does the losses...at what stage will this trend turn.. |
As we all (should) know, cash is king.
Cyan hasn't got any and, as always, finds itself in an extremely weak negotiating position. |
Sorry ....if cyan merge join partner then the position maybe covered it would then not be so critical .. as % ownership grows to increase possibility of above |
Nope. Sorry Gizmo555, way too deep for me. Can't see the connection between Aniruddha's departure and someone buying%. Should have stuck in at my O Level Cryptology. |
Register to chat with like-minded investors on our interactive forums.
Hot Features
Premium
