Cyanconnode Share Discussion Threads

[inthetin] 05/1/2024 08:06

It's not TF, it's SBP.

[multibagger] 05/1/2024 07:59

Hi TF :)

A very important point you have kindly clarified ! Much appreciated :)

2025 year end is under 15 months away !

[inthetin] 05/1/2024 07:32

On Cyan's home page, under 'Our experience', it says:

"CyanConnode brings together two major innovators in IoT technology, creating a world leader in Narrowband mesh networks for services such as smart metering and intelligent street lighting systems."

What does that actually mean? Is 'innovators' a typo?

[stupidboypike] 05/1/2024 07:23

2024 expected revenue is £16.3m
2025 expected revenue is about £35m

Worth mentioning that the Cyan financial year ends 31st March. So 2024 expected revenue ends in 3 months and 2025 expected revenue is 15 months away (not the end of each year)

Best regards SBP

[multibagger] 05/1/2024 07:03

Latest H1 2024 performance figures....clearly demonstrating growth trajectory.

"Every overnight success story is 20 years in the making....CYAN is in the sweet spot IMHO now"

[multibagger] 05/1/2024 06:29

Good morning all :)

A warm welcome to a number of new posters over the last few days...

Some key points:

Market cap is about £ 31.3 million at 10.50p

2024 expected revenue is £16.3m
2025 expected revenue is about £35m

Board of Directors have decent skin in the game
Exec Chairman John Cronin has a track record of 5 exits with $600 million returned to share holders

CYAN Orders won in calendar year 2023 : About $24 million with 60% revenue to be recognised in 12-18 months.

CYAN currently has about 25% current market share in India and 40% contract win rate in Tenders with 25% volumes

Order pipeline in India : 5.3 million units = approx $74 million
Backlog yet to be delivered in India: 3.2 million units = approx $45 million

Currently bidding for about 178 million units in India - multiple shots at goal

Each unit (smart meter) is worth about £12.50 to CYAN over the typical ten year life of the contract.

Also already operating in Dubai, Abu Dhabi, Thailand, Sweden, Finland, Nigeria and India.

Acquisitions in the sector such as previously AIM listed Calisen and Smart Metering Systems have been at over 50% of share price premium

DoI: I am an optimist and an investor with very long investment horizons and decent sized positions in the companies I invest in.

I have been invested in CYAN since 2016.

Good luck all !

[stupidboypike] 04/1/2024 18:48

Talking of being wary, a quick glance at "the Onedin Line's" previous posts shows him talking about takeovers at two other companies. One went bust soon afterwards and one has not had a takeover. Obviously a trader (no harm in that, but beware their posts!!!)

Best regards SBP

[major courtenay] 04/1/2024 18:41

“40-50p next week” lol. Good grief. Talk about sucking in unwary punters.

[the onedin line] 04/1/2024 17:38

Multi initial approach may be in region of 40-50p as early as next week and that is without new contracts. This will double tomorrow morning. Very exciting play now.

[derek ten bag] 04/1/2024 16:57

Fully agree Multi. Some years ago, it was stated that John had visions of us becoming a £200m company, based on his previous successes. Whether that is true or not, I can't help feeling that he would have significantly raised his sights since then. Even on current business our share price is surely well below where it should be.

[multibagger] 04/1/2024 16:51

Good evening all :)

Good to see a fair bit of CYAN in the share price :)

Adani Energy has won about 20-24m smart meter contracts in India so far...and they have now entered into a 49/51% JV with Esyasoft. Esyasoft have bought a meter manufacturing factory from L+G....and Esyasoft have been involved in almost every project we have done in India and the Middle East as far as I am aware - providing HES and sometimes MDMS software.

Going by track record and strength of our relationship with Esyasoft, I reckon someone could be speculatively accumulating CYAN shares in the expectation that we could get a fair bit of the Adani Energy smart meter contracts in terms of our RF Mesh technology. That could partially explain the sudden interest in the last couple of days.

I am pretty sure that JC and the BoD who have significant skin in the game won't sell CYAN even if approached at these share price levels. Remember as per the latest CYAN investment slide (in the header) - winning 60m smart meter contracts would translate to about $1 Billion revenue over 10 years !

I still reckon that any takeover offers will only be looked at over the £1 share price mark !

Of course, I am biased !

[johnwall] 04/1/2024 16:40

So would I - but we are where we are, unfortunately

[derek ten bag] 04/1/2024 16:40

Ditto, bskiny1. And if the potential is all it's cracked up to be, I can't see JC being happy to take an offer at that level. But who knows. It's all necromancy.

[bskiny1] 04/1/2024 16:32

Personally I would hope for more than 25-30p after all these years of waiting....B

[stupidboypike] 04/1/2024 16:28

John, I completely agree and frankly I am somewhat surprised that we have not already been approached. Best regards SBP

[johnwall] 04/1/2024 16:26

DTB, SBP - I agree that order news would be the most desirable from us shareholders’ point of view but if one of the bigger players wants to acquire Cyan then surely this must be the best time. Even at 2.5-3 times the current share price they could buy it for £100m. Assuming that a significant share of the business is coming Cyan’s way, it’s only going to get more expensive!

[homebrewruss] 04/1/2024 16:08

John, yes sure, a positive reason would be good but a 'we know of no reason' statement is normally not so good.

[spike_1] 04/1/2024 16:05

DTB - yes order news is what we want - providing it is good news of course ;0)

[stupidboypike] 04/1/2024 16:02

DTB - spot on!!!

[derek ten bag] 04/1/2024 15:58

We don't want bid news. We want order news. Lots of it. And then, and only then perhaps, bid news.

[the onedin line] 04/1/2024 15:40

Stand by for action
Bid news after the bell???
Outrageously cheap now.

[johnwall] 04/1/2024 15:31

HBR - depends what they had to say. A statement that they’d had an approach at 30p might have a positive effect ;-)

[homebrewruss] 04/1/2024 15:16

Is there a hard and fast rule? I think the nomad will sometimes contact the company and tell them to issue one. Hopefully not in this case

[daddy warbucks] 04/1/2024 15:09

Hi John. I have always thought it was around the 25% rise in one day. Strange how we took a step back around the 21-22% mark.

[johnwall] 04/1/2024 14:59

The bid has gone from 8p to 10.6p (edit: a rise of 32.5%) on high volume in less than a days trading and with no news. Does anyone know the AIM rules regarding the requirement to issue a statement re unexplained price movements, even if it’s just to say the Directors are not aware of any reason? Is there a threshold?