Cyanconnode Share Discussion Threads

[derek ten bag] 18/4/2024 10:05

Morning Multi and all. Your analysis of today's news is, as ever, enlightening Multi. As a matter of interest though, can you elucidate how this might pan out for us over the next few months? It would be very disappointing if PIs were to be left behind in the corporate machinations and I would be quite surprised if the company were to let that happen. Much has been made of a possible fundraise but given our increasing revenues, there must surely be a possibility of raising funds, if needed, in a less dilutive way.

[multibagger] 18/4/2024 08:27

Hi Tinker10 :)

We see things differently and that's fine ! You invest according to your perceptions as I do with mine !!

Take a look at the growth of the Adani Group subsidiaries on the Indian stock market you may understand what I mean.

I have now established a mechanism to directly participate in the Indian stock market which is exponentially growing.....when I see an worthwhile opportunity I take it :)

For example:

Adani Green Energy : about 5404% growth over 5 years
Adani Power : about 1471% growth over 5 years

Good luck all :)

[tinker10] 18/4/2024 08:22

Wow. Uber bulls spinning positive out of negative.

First they issue an "upbeat" trading statement - yes revenue is increasing, but revenue has been increasing for years with no improvement in the bottom line. Suggest everyone compares the gap between gross profit and operating costs and then look at the cash collected in the Fy23 financial. They're going to post another significant loss in 24.

Second, now that they've generated interest through a statement that only highlights the positives (think how many stats they DIDN'T mention) they announce a new broker.

Dilution coming, how much and at what price?

[pillow] 18/4/2024 07:46

Agree something significant afoot, Panmure are NOT a tin pot outfit. They specialise in high growth mid cap companies. Think the structure of company about to change for the better as they move up a leugue or 3. All will be revealed sooner rather than later. Exciting times.

[multibagger] 18/4/2024 07:31

Good morning SBP and all :)

Appointment of a joint broker is a very interesting development.....if you take into account the backdrop of us opening a new Office in Dubai to serve the MENA region and our MoU with Al Fanar (Saudi Arabia) who are sector goliaths in the region with multi billion annual revenues.

Also the multi billion Adani Group, one of India's largest and fastest growing conglomerates and Bangalore/India based Esyasoft have joined hands (Adani Esyasoft Smart Solutions with 49/51 JV). Esyasoft has been bankrolled/controlling stake is with International Holdings Corporation (IHC) based in UAE.

We have done and continue to do various projects with Esyasoft.Saudi Arabia is opening up rapidly and they are investing heavily on infrastructure.

From the above, there is a strategic imperative to be close to the action and it looks like something is significantly shifting in the MENA region which will work in our benefit. May be Panmure can bring on some capital for explosive growth - it may mean a fund raise for the right reasons and though there could be some dilution, it would mean a smaller slice of a much bigger pie.

Very interesting in a hugely positive way IMHO !!

Good luck all :)

[nick the greek 1] 18/4/2024 07:28

Morning tightfist

Re your earlier paragraph above I alluded to the possibility that CC India was possibly about to become a separate entity in my last post? I do think this is a likely way forward.

Its all rather disappointing that the CC PR machine couldn't have found a buyer for Crux,s recent stock sale (plus whoever else has been strategically dumping over the last few weeks), presumably DDM has gone by now?

Interestingly and perhaps in line with this mornings RNS - I think Panmure took a large block of Crux,s stock (I believe this as I was offered it) and have been knocking it out in bits on the offer ever since the TU, no wonder the share price has been virtually stagnant despite the best news for a long while. Whty couldn't they, with forethought, have sold it to another institution? Presumably Panmure have made a pretty penny selling Cruxs stock too?

They must have something being set up in the back ground as the attention to getting the share price higher is at best very poor and cynically, contrived!?

Maybe all will become clear when they do another of their their wondrous "investor presentation".

They need to concentrate on getting more stock sold to institutions that are going to hold it imo.

Unless of course they are doing the rounds again now, why didn't they tell the market cash was ok in the TU?

[z1co] 18/4/2024 07:20

Panmure Gordon is a massive upgrade to Zeuz Capital and no disrespect to Zeus.

[stupidboypike] 18/4/2024 07:14

Interesting. I rate Panmure, having had some dealings with them in the past.

Best regards sbp

[daddy warbucks] 18/4/2024 07:01

Appointment of Joint Broker. Another fund raise?

[tightfist] 17/4/2024 22:19

CC India has taken several years to reach it's current stage of maturity and is built in the back of a massive government-backed Smart Meter conversion campaign, recruitment of key national players, and leading aspects of product development. .IMHO the intended entity in MENA must be very different, at least for many years to come - unless CC is to be split up.....

[derek ten bag] 17/4/2024 16:41

Well, we're still in the blue, but not by much. Clearly going to take something special to move things up if a day of predominantly buys only edges us up. I am intrigued though by the announcement of opening an entity in the MENA area. I'm assuming that means something similar to CC India. Does that sound about right?

[cousinit] 17/4/2024 15:08

A bit contrived, but could Crux have taken some shares in the last placing, which meant they didn't cross a reporting threshold? And now they've sold some they have crossed a threshold, and the previous shareholding was what they had last reported via TR-1? (but not what they held after the placing)

[inthetin] 17/4/2024 14:55

Hi bskiny1

How come CRUX appear to have sold 0.5021% (1.5M shares) yet their voting rights have only been reduced by 31,922 (i.e. from 14,620,677 to 14,588,755)?

Sorry if I'm having (another) a thick attack.

GL

ITT

[the millipede] 17/4/2024 13:07

Agree Z1CO,

Worth looking at what has happened to the share price of YU Group over the past few years.

Not many AIM stocks have share price charts like YU because not many experience similar levels of revenue and profit growth.

Seems reasonable to think Cyan’s share price will react positively, even on AIM, if they deliver on revenue and profits.

BWDIK IMVHO

[z1co] 17/4/2024 11:38

Revenue will exceed market expectations although no numbers were given they did say in December that revenue will increase significantly in H2.

Cash received from customers of £9.5m during H2 was strong and well ahead of H1 (£7.4m)

The strong growth will continue in the current year.

The company continues to grow very strongly and at some point in the near future will become profitable and these oversold shares will start to rerate very aggressively.

[inthetin] 17/4/2024 11:24

Hi DTB

We'll have to wait for the audited accounts for the answer. All I was trying to do was to flush out what the range could be. I much prefer the idea of 20-25% (rather than 3-10%) but what could JC get away with? Would 3% cut the mustard.

The 145K sells are not both sells - it's a bit of Bed & ISA'ing.

GL

ITT

[derek ten bag] 17/4/2024 10:52

Morning ITT. Read your post on the other thread regarding what 'materially exceeding market expectations' might look like. You chose 3% and 10%, but for me to be impressed it would need to be nearer 20-25%, which would make a difference. It's hard to know quite what is going on with the share price, given what we know, but I just feel that we are not served very well by the AIM market at the moment, perhaps not helped by the global situation. Are we going to be a profitable enterprise when the results are announced? Will we get a seriously large SFA (and orders) from the big boys? If both of these can be answered in the affirmative then I think that would be transformative. If and when such news arrives and the share price moves up, it could move fast and, hopefully, far. Just my opinion of course. DYOR.

[stupidboypike] 17/4/2024 10:45

beeezzz, market cap is £26.02m. With 12m shares traded at around 8.5p a share that is £1.02m. again about 4% of the market cap.

Best regards SBP

[beeezzz] 17/4/2024 10:05

STB - I think if you read my post you'll notice it was MCap not shares in issue...It just seemed strange.

Something is a foot here, considering all the good news and expected beat on earnings, market not impressed..

[z1co] 17/4/2024 09:34

MM's quoting 8.99p to buy 100,000 and 8.917p for 50,000.

[stupidboypike] 17/4/2024 08:41

itt, sorry you are correct - I grabbed the figure from Advfn financials, but Cyan website gives 299m.
Best regards SBP

[inthetin] 16/4/2024 22:37

Hi SBP

Isn't it 299m shares in issue at the moment? Same point applies though (i.e. nearly 4% traded not 50%).

GL

ITT

[stupidboypike] 16/4/2024 19:00

beeezzz, There are 323m shares in issue, so 12m is around 3% I believe. Best regards SBP