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Recent investor discussions on Cyanconnode Holdings Plc (CYAN) reflect a combination of cautious optimism and underlying frustration about the company's market performance. While there is enthusiasm surrounding the potential for profitability in the upcoming fiscal year, evidenced by broker forecasts of £34.5 million in revenue and £2.5 million in profit before tax, investor confidence remains fragile. Notably, discussions centered around a rumored new order from Digismart Networks, with some members expressing skepticism about its authenticity, suggesting this might explain the negative market reaction following Rachel's statement. As one investor aptly summarized, “It has historically been the experience of basically a litany of disappointment,” highlighting a collective weariness among long-term holders.
A prevailing sentiment among investors is the urgency for more transparent communication and timely announcements from the company. Several participants speculated that the £5 million loan could be linked to finalizing a contract award, suggesting that the delay in disclosure might stem from a desire to manage news flow strategically around fiscal year-end results. As one commenter put it, “News management is becoming ever more prevalent. There is considerable money/influence at stake.” Overall, the discussions suggest that while the potential for future growth exists, the company must restore investor trust by addressing past shortcomings and delivering on its promises promptly. As one investor noted, “If we would have got those two awards, what would the SP suggest? Whatever the market wants to pay for them,” signifying that stock price appreciation hinges on these critical upcoming announcements.
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CyanConnode Holdings PLC recently announced a significant development in its efforts to expand operations with a £5 million growth loan from Axia Investments Limited, a major shareholder. This unsecured loan is strategically aimed at enhancing the company's capabilities and positioning for upcoming large-scale smart metering tenders in India, following the qualification of its Indian subsidiary, DigiSmart Networks Private Limited, as an Advance Metering Infrastructure Service Provider (AMISP). This funding is crucial as AMISP tenders require demonstrable access to upfront capital, enabling DigiSmart to effectively bid for these opportunities.
In addition to the financial boost, CyanConnode has secured substantial follow-on orders from Montecarlo Limited, a prominent infrastructure conglomerate in India, totaling 872,000 Omnimesh Modules. These new orders include advanced In-Meter Gateways that streamline installation processes by integrating communication systems directly into smart meters. The partnership with Montecarlo continues to strengthen, as these orders represent the third and fourth from this established collaborator. Together, these developments position CyanConnode favorably to seize growth opportunities in the expanding smart metering market in India.
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anyone any thoughts on the 3 x 250k showing as sells |
Plenty more to come... |
Suddenly come to life, hmm... Always annoying if leaks are seeping out.. |
DTB, |
Not just the lack of news and general radio silence from the company, but a notable dearth of comments on here from some of our regular and highly respected posters, some of whom are, I suspect, a bit closer to the centre of things than the plebs like myself. I can't help but feel that news has leaked but just hasn't made it to the ears of the rest of us. Let's hope some stonking news is sitting on the desk at Cyan Towers awaiting its release on Monday. Nice to see the share price holding up anyway. Could there be a late flurry of buying ahead of events next week? Good luck all. |
Volume holding up too |
Looking good again. Seems no news is good news |
Hi NTG. What WERE most on here predicting. Seemed to me to range from fund-raise to sale of a stake in CC India to a complete takeover. Orders never seem to have much of an impact no matter how big they are but today's move and the Zeus demand which was mentioned earlier suggests it could be quite significant whatever it is. We shall see, but I agree that the long-term holders like myself (and probably most on here) really do need a break. I am hoping that the absence of anything from the company supports the idea that 'no news is good news'. Whatever happens, the best of luck to all of us. We deserve it, as, I think, do the board, who have worked hard to get us here. |
I won't hold my breath..... |
It certainly doesn’t make it look like the next news to come is what most on here were predicting.. 😂 |
There may NOT be trouble ahead...?? |
The strength of today's move, relative to the inertia of the past few months, suggests to me that this may be about more than just another Montecarlo 1m order. Who knows, but I recall someone on here saying a while back that they tend not to release good news on a Friday as it has less effect than at the start of the trading week. Personally, I'll take good news whenever it comes. GLA. |
“ I think the long termers deserve some good luck for keeping the faith” |
Hi DTB...I'm obviously as in the dark as anyone else posting here so I can't say what's prompting the recent buying but happy to see it. As for the spread, like others on the thread, I use dummy trades to establish the true underlying spread which is usually much tighter than the market quote and can produce different prices for different volumes. |
1v3 sing now chasing stock. Volume not exceptional. Large buyer in background perhaps? |
Zeus happens to be the house broker.... |
L2 is 1v1. Zeus aggressively bidding for stock. Panmure only one left offering at 10.2p. |
Tell me gl23, as a close observer of the action, what's driving the share price up? It's not news, clearly. Is it shortage of stock? Latest buy is at 10.20p. |
So, is that it? Firework display over? Let's hope there's an encore. |
Advised by who ? |
Big news brewing, advised to buy all available stock at current low levels. |
Just showing up now. That spread is improving. The 8.8p to sell seemed a bit of an outlier relative to the trades. As did the 9.5p to buy. However, nice to see some blue on the board now. Interesting. News coming soon? |
Buys at 9.5p now. Well timed post DTB. |
Morning gl23. In the midst of the deafening radio silence, can you explain to me the significance of the large spread? As you say, some decent-sized trades gone through this week but none, as I recall, anywhere near the 9.5p mark. |
Type | Ordinary Share |
Share ISIN | GB00BF93WP34 |
Sector | Electronic Components, Nec |
Bid Price | 12.70 |
Offer Price | 13.20 |
Open | 12.975 |
Shares Traded | 509,602 |
Last Trade | 10:26:13 |
Low - High | 12.95 - 12.975 |
Turnover | 18.73M |
Profit | -3.83M |
EPS - Basic | -0.0107 |
PE Ratio | -12.10 |
Market Cap | 46.57M |
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