Cyanconnode Share Discussion Threads

[emptyend] 05/1/2021 09:24

On your point about directors sheltering capital gains, I once moved a chunk of shares from my dealing account to my wife's ISA after many months of being prevented from trading due to inside info and powerlessly watching the share price soar. I took advantage of a 20% pullback and sat back to wait for further gains. Over the following years, the shares fell 90%.....I also once followed multiple Directors buying in a bus-making company. It went bust.I therefore completely discount this RNS as being in any way significant. (Though of course still think the fundamentals stack up well).

[multibagger] 05/1/2021 07:15

A further RNS of significance..a NED moving shares into the ISA Fortress to mitigate Capital Gains :)

Another dot to join in the context of previous RNSs.....getting "locked and loaded" ? It would appear so !

05 January 2021

CyanConnode Holdings PLC

("CyanConnode Holdings plc" or the "Company")

Director dealing

The Company was informed on 4 January 2021, that Peter Tyler, a Non-Executive Director of the Company and Kathryn Tyler, his wife, transferred 800,000 ordinary shares of 2 pence each in the Company ("Ordinary Shares"), held in a joint account into their individual ISA accounts (400,000 in each of their personal ISAs), at a price of 7.3 pence per Ordinary Share. Post this transaction, Peter Tyler and persons closely associated interests in Ordinary Shares remain at 2,489,004, representing approximately 1.34% of the Company's total voting rights.

[ohsod1t] 04/1/2021 15:11

7.55 to sell. There must be a buy order after all those large sells didn't drop the price.

[multibagger] 04/1/2021 15:11

You are probably right on the money stupidboypike that the "tightly held" shares may well exceed the 34%.

I know someone who has mentioned that he has 2% of CYAN and another 2 have about 1.6% or thereabouts. Then holders like yourself....so we could speculate that about 50% being tightly held.

That could explain the price movements to a degree....and now RNS of auctions...all good for holders esp when the touch paper is lit with some strong commercial news.


Emptyend, this time this move appears to have legs - almost 8p paid !!

I would say that, wouldn't I ;)

[emptyend] 04/1/2021 12:51

....mmmm....starting to regret not buying more when these were under 2p in May/June. Got deterred by risk and went for a vaccine stock instead (which, fortunately, has nearly tripled.....so haven't missed out too much to date). Still not back to my breakeven though...The outlook should be pretty strong, as well laid out by multibagger - even more so, with pandemic risks making remote meter-reading etc a public health issue as well.

[stupidboypike] 04/1/2021 12:48

mb,

One thing to add to your point about 34% held by management, I suspect there are quite a few like me who have been following/holding for many years who have increased their holding over the last year or two, with a very long term outlook and not intending selling any unless/until we multibag (or close) from here and so that 34% tightly held might be, in effect, much higher.

DoI: I too am a long term CYAN holder and optimist!

Best regards SBP

[ohsod1t] 04/1/2021 12:11

And a MK of less than 14 million.......What could this be worth once things really start rolling. The time has come for CYAN.

[multibagger] 04/1/2021 12:00

A few points Chairman Elect and then you can delve/research further in your own time....

Climate change agenda - reducing dependence on fossil fuel led power generation and reducing the losses, theft of power and improving revenue collection for electricity generated. Also improving grid resilience and outages from power spikes and smoothing out power generation and usage.

1.India alone is hoping to roll out 250m smart meters over 3 years (but more this will take over a decade in my estimation). Several billion already allocated for this. Cyan has rolled out the largest installation of smart meters in Indore and surrounding areas and has demonstrated over 99% up time and increased revenue collection by around 25%. Return on Investment by power utilities is achieved in about 18-24 months....which for infrastructure projects is a no brainer.

2.In India, Cyan is the Radio Frequency Mesh provider as OEM to 3 of the largest meter manufacturers in India (Genus, L&T (now Schneider) and HPL) who have over 50% market share. So effectively we have 3 chances of winning any smart meter contract which is using RF mesh technology. Now our capability extends to having hybrid Network Integration Card (NIC) which can communicate through GPRS or RF mesh thereby increasing our ability to participate in a wider range of tenders. We are a B2B business.

3.Our margins are excellent (over 70% from memory) but can’t remember exact figure.

4.We have contract manufacturing facilities in India for the NIC cards ( 2 locations) and 1 in China - capacity can be ramped up to meet demand.

5.We are also operating in Thailand, Nordic states, UK and now it appears we are in the running in Middle East and Africa as well.

6.Board and other significant holders hold about 34% of the company.

7.We have enough cash for at least another 12 months and no fund raise since Oct 2018. We are securing revenues through Letters of Credit upfront and according to Interim Results presentation we are shipping about 2000 NIC per calendar day over the last 2 months or so.

8.New Opex model being promoted which will make smart metering rollout a lot less capital intensive. Basically a “Pay as You Go” Smart Metering service contract over 7-10 years which will be funded by Infrastructure Funds like Macquarie, Green Funds, World Bank etc

9.Orders won and due to implemented in about 2 years is worth about £19m. Our current market cap is about £13m (about 183m shares in issue).

10.Market sentiment has been poor due to a legacy of false dawns and contracts that did not come to fruition...hopefully this is behind us.

11.R&D is ongoing and we are continuing to develop new products to anticipate and meet changing trends.

12.I won’t rule out being taken over in the next 3-4 years at a revenue multiple of 7-8 times as we should have a highly profitable, recurrent and visible revenue stream.

13.I have already alluded to the flurry of recent RNSs....please join the dots :)Hopefully, this year on wards we will be on a firmer footing.

DoI: I am a long term CYAN holder and generally an optimist. That is reflected in my approach to investing.

So please DYOR and decide whether you want to invest/take a chance with CYAN !!

[skinny] 04/1/2021 10:19

Weekly chart.


free stock charts from uk.advfn.com

[the chairman elect] 04/1/2021 10:05

Yes mb LSE:CYAN are looking v.good chart wise

Could you though please as Mr CYAN give some bullet points for CYAN for 2021 as you see them?

[multibagger] 04/1/2021 10:01

You are right Ohsod1t ! Level 2 looks pretty tight at the moment - looks poised to move further up on any decent sized buying with just one MM left at 15k at 7.2p. I think we are likely to close the day higher than +0.35p we are now...

[ohsod1t] 04/1/2021 09:45

Haven't been in here for some time, but it does seem like it's a company that's finally got it together. The shares are hard to buy in volume, but this could be a very good ride for 2021.

[multibagger] 04/1/2021 09:37

Welcome aboard OHSOD1T and your timing seems impeccable :)

Good luck !

[ohsod1t] 04/1/2021 09:36

And look at the market cap. We have a long way to go...

[ohsod1t] 04/1/2021 09:32

I've been in and out of this company for many years. Made some and lost some along the way. It does seem as though they will be self sustaining in the very near future, and the path to riches is slowly opening up.

[multibagger] 03/1/2021 08:28

Happy New Year all :)

Interesting developments - with above 4% declared holdings (about 7.8m shares) announced by S Chari and a further £75k investment to pick up 1.25m shares at 6p by a NED who already owns over 17 million shares to take him over 10% on admission of this new tranche....hmmmm...very interesting.

Couple all this with the flurry of new senior hires in India, £400k unsecured loan, multiple Director buys...what is going on ? Something positive for sure IMHO.

Given these Holdings and that of other significant holders, Directors and Herald Funds, it looks like about 34% or thereabouts of the CYAN equity appears spoken for and outside the "free float". A high tightly held figure in my book and could set the scene for quite significant price movements/volatility in case of any material commercial news.

Also the share price seems to be creeping up on tiny volume trades...so potentially there is a significant background buy order (or may be more than one buyer/orders) hoovering up the sells ? On the technical Chart, the "cup and handle" seems to be consolidating in the right direction and beeezz pointed out the 20/50 DMA cross, potentially another buy signal...

I am biased and a CYAN bull...and to me this feels like something big is afoot and maybe 2021 will be a great year for us LTHs and new investors...let's hope I am right :)

The next few weeks/months should be interesting by any measure.

Good luck all !

[sabre6] 01/1/2021 13:54

millions
Break even this year so onwards and upwards with the SP

[nilli] 01/1/2021 12:44

Happy New Year to all the patient Cyan share holders. Could 2021 be finally be the year for CyanCannode? Fingers crossed.

[major courtenay] 31/12/2020 17:28

Nicely called, gleach23.

And happy new year everyone. May 2021 bring all Cyan holders health, wealth and wisdom!

[sabre6] 28/12/2020 13:48

Fred
No placing needed and possibly at or very near break even.

[fred splange] 28/12/2020 13:07

MMs trying to suck more mug punters in here. Placing due within 4 weeks, steer clear at all costs.

[gleach23] 24/12/2020 09:05

With market quote @ 5.6p - 6.1p, just 5k available to buy online, as there was all afternoon yesterday. As long as no profit takers come in I'm hopeful of a stealthy rise in thin trading during the next week over the 6p mark.

[beeezzz] 23/12/2020 21:10

In the video I got the impression he heads up the Indian operation.

Seasons greetings ....

[emptyend] 23/12/2020 19:00

I believe Chari is an Indian name, fairly common in the Mumbai/Goa area. No doubt someone can hazard a more accurate guess....

[sabre6] 23/12/2020 16:37

Happy Christmas everyone have a good one and remember no getting drunk and hugging everyone
Remember this time next year Rodney is about to come true in the next 12 months 😁😃🤠🤠