Cyanconnode Share Discussion Threads

[major courtenay] 05/11/2024 15:21

Inthetin, that is possibly the most misplaced optimism I have ever seen in my life. You must have been in Cyan too long.

[dumper1] 05/11/2024 15:03

Fingers crossed itt!

[inthetin] 05/11/2024 11:45

Landslide for Harris regardless of what the media is saying IMO.

[folderboy] 05/11/2024 11:33

How would you cope if, heaven forfend, you/he won?

[paulboz] 05/11/2024 11:31

I'd prefer to back Trump and lose my money...

[inthetin] 05/11/2024 11:25

O/T:
Harris to win at 13/8.
That'll do for me.

[tightfist] 02/11/2024 20:37

DTB; This week's RNS reports"....The full order is scheduled for delivery, with revenue also recognised, within this financial year, which ends on 31 March 2025....." IMHO this suggests, as does 4 August 2022 RNS, there is no software or maintenance element after any GoLive event in those current MENA contracts..The situation in India is very different, but the far distance Maintenance cash flow is deeply discounted, when modelling.

[gleach23] 02/11/2024 19:46

I think it's possible we'll get a Trading Update and Notice of Results. They did this in 2022 on 1st Dec and one would have thought they'd be keen to put out a TU. Last year the TU on 5th Oct, straight after the half year, didn't give Notice of Results.

It would be helpful if they could be consistent in their comms with shareholders. A positive TU in Nov with Interims in Dec would be good.

[daddy warbucks] 02/11/2024 19:37

ITT, you are correct. My mistake. Apologies.

[derek ten bag] 02/11/2024 11:05

Yes, that makes sense. Not that long since the last one. Which, as I recall, was pretty good. We live in hope.

[inthetin] 02/11/2024 08:58

Last year's Trading Update was 05/10/23, not 05/11/23.

[derek ten bag] 02/11/2024 08:53

Morning TF and DW. I was just chipping in my sixpenceworth on what was a rather dull day yesterday. It would be interesting to hear from others, closer to the 'flight deck' than I am, what value might be attributed to the recurring revenue stream, which I have always felt was one of our selling features. A trading update this week would be good, if it comes. GLA.

[tightfist] 02/11/2024 07:49

DTB, Sorry to be a party-pooper, but I have two reservations. In the last two year's results they have emphasised that MENA business was lower margin, because it is hardware focussed - is this more of the same? It is good see that it will all be supplied in this FY..Any legacy after Go-Live Maintenance contract and income is unstated.

[daddy warbucks] 02/11/2024 03:11

DTB. You are correct. Results out 19/12/23, but interestingly a trading update was issued on the 5th November that year.News this coming week hopefully.

[derek ten bag] 01/11/2024 16:18

As I recall, we had interims out in mid-December last year. Be nice to get some more positive news ahead of that. All very quiet at the moment. Regarding Multi's comments about our share price vis-a-vis SALT, back in the days of the Dotcom and Biotech booms, when the PE was the metric of choice, I can't help but think that we would, back then, have been way higher than we are now. Is it good not to get too far ahead of ourselves? Yes, of course. But I really feel that, given all the numbers that we have been given, a fair price should still be a lot higher than where we are at the moment. I think we would all be a lot more relaxed about things if the valuation better reflected our progress to date and our prospects going forward.

[multibagger] 31/10/2024 11:26

Good morning DTW and all :)

The point I was trying to make is that we have audited revenues of £18.73m last year and we have signed I reckon over £150m worth of contracts this calendar year - so if we use valuations attached to SALT that should pitch us to a share price of several tens of £ per share ? (if only !)

There is a difference in terms of the RNSs from CYAN and SALT on this occasion - what we know by attending AGMs and from the presentations - is that each smart meter node is in the $13-15 range. Anyone can extrapolate the ball park value of the contract from CYAN - we don't need the precise figures.

As far as I see it salt is a commodity (Sodium Chloride) and other vendors will reverse engineer that size of the particle whether there is a patent or not by tweaking the process. Then expensive legal battles will erupt and the downfall of many a company - YGEN, NANO etc.....

[derek ten bag] 31/10/2024 11:10

Morning Multi.

Reading the SALT RNS and the comments is almost like reading this site. As I said recently in response to a reply you put out in which you did list some of the numbers of contracts and values, the numbers are critical in making a decision on whether to buy/sell a company's shares. An RNS which doesn't highlight the values makes that difficult. Which is why Monday's RNS on the MENA contract was good. It did provide a value to the contract. Do you think, given that fact and the increase in Go Lives, that we might possibly get an RNS at some point soon suggesting that we might, as before, 'exceed market expectations'?

[multibagger] 31/10/2024 09:54

Good morning all :)

O/T

Interesting share price movement in fairly recent AIM entrant SALT - market cap of about £38m based on H1 of USD 200k. FY 2023 was about USD 570k revenue. Net loss in H1 $2.5m.

Intriguing - should market cap / valuation should be taken with a bulk carrier sized ship load of salt ?

Or is it a genuine disruptor....I am not convinced !

Any thoughts ?

[inthetin] 30/10/2024 17:22

Thanks for the Budget document.

"The main rates of CGT are currently charged at a lower rate of 10% and a
higher rate of 20%, and these will be increased to 18% and 24% respectively from 30
October 2024. These new rates will match the residential property rates, which are
not changing." - page 48

[beeezzz] 30/10/2024 17:06

DTB - Thanks for that, lets hope profit margins are increasing, share price should respond if company are increasing in value, cash rich high share price ..

[multibagger] 30/10/2024 16:56

The Budget and associated documents in full....

[inthetin] 30/10/2024 16:51

CGT higher rate increased to 24% not 25% (18% for basic rate taxpayers).

A very good budget IMO.

[derek ten bag] 30/10/2024 16:32

Hi beeezzz. As I understand it, they already have indicated their timeline to profitability and, after the recent fundraise, hopefully no need for more funds. My question would be, given the increasing number of installations reaching the Go Live stage and given this recent MENA order, is it possible that we will actually be treated to another upgrade to the earnings forecast for the current year? That would be good. As for the budget, I agree with Multi and SBP, it wasn't quite as apocalyptic as was being predicted, although few if any of the organisations which monitor the economic firmament seem very impressed with it. Unsurprisingly. It's an aspiration vacuum.

[stupidboypike] 30/10/2024 14:30

mb, as you say, could have been a lot worse, and yes my understanding is exactly in line with yours.

Best regards SBP