Cyanconnode Share Discussion Threads

[bilbosenior] 11/4/2016 03:14

cancun tango,

This week could be interesting, I wonder if 'Dear old Cyan' will hang onto it's gains, I hope so and i wouldn't mind a few more 6% rises.

Fraid Chobham is a bit far for me to cycle to at present, otherwise we could have enjoyed that long overdue beer.

[cancun tango] 10/4/2016 17:11

BilboYes, I exited after the lodging but have been buying back since last year's placing. Looks like things are beginning to happen, hope your patience gets fully rewarded.Still cycling to Chobham too, but less regularly. Will be over there for Chobham Rfc's last home game in a couple of weeks. Great quality free rugby and good cheap beer in the clubhouse.

[tightfist] 08/4/2016 19:29

JW, SBP, TP;

Thanks for great posts. I was informed a few weeks ago that cash position was similar to last September which was reassuring; also that they have ways planned for handling working capital requirements. I believe there will be a (significant) placing this year, but not for several months yet. Having said that we have seen "strike while the iron's hot" Cyan placings in the past.

The point about buying-in fresh versus LTBH averaging down is interesting. Despite buying the majority of my shares in the last eighteen months my average cost still sits at about 0.40p. Well done to those who chose to leap from the sidelines this week.

Cheers, tightfist

[sabre6] 08/4/2016 16:31

MTW (alias Billy no mates)
Where are you you must have managed to pull up those brown corduroy trousers by now. All you need is to place those cycle clips at the bottom of each leg to stop the sh.t falling out and you should be ok.
I need you to post as with this massive price rise and exceptional order I can hardly sleep. Most of your posts used to send me to sleep.
Where are you?

[the prophet] 08/4/2016 16:20

if they are down to the last £1m-£1.5m by end of June, I would have thought it odds on they will want to raise in the next three months.

It could be if there are further decent deals in the pipeline, then they could raise from a higher level and reduce dilution. But I think the important thing to do is secure the funds they need and move on. I suggested 0.2p simply because that is higher than the recent 0.18p, which is always a good thing, but a discount that is not ridiculous yet still attractive for fresh money. Who knows, another deal or two, the share price at 0.4p, just for example, then raising at 0.3p+ is on the cards. But the timing of deals is always tricky, so I favour a 'bird in the hand' and 'strike whilst the iron is hot' approach, but I'm sure the Cyan team know which way they are going with this.
I sure hope they do a consolidation though, as the number of shares in issue sort of undermines the credibility of the company. I know it shouldn't and it's just a number, nevertheless having 7bn shares in issue ain't great from a presenting the company as a serious entity point of view, imo.

A decent raise and you never know, it could be the final one for Cyan, I'm sure that's be said a few times before. Never say never and all that.

[cpap man] 08/4/2016 16:20

CYAN are looking very good - nice intra day reversal there ahead of further major news perhaps?

[bilbosenior] 08/4/2016 14:56

cancun tango, good to see that you are still "Afloat."

Hope you are well..... are you still in this dawg?

[johnwall] 08/4/2016 14:36

There may very well be another placing at some point - if Cyan continue to secure significant orders they will almost certainly require more working capital - and if they don't then they'll have to do one anyway!

However, I don't think they're short of cash just yet and I would expect them to want to raise funds at as high an share price as possible. So - if there's more deals in the pipeline, and several have been flagged over the past 6 months or so, I think they will wait until those are announced. Let's face it, the Iran deal was a complete surprise - I was expecting news from India, Egypt, Ghana, etc. rather than Iran.

Also, if they get close enough to positive cashflow they might be able to secure loan finance to get them through the last 6-12 months. I had thought this was next to impossible for loss-making companies but Synety (LON:SNTY) did just this a couple of months ago.

Time will tell .....

[multibagger] 08/4/2016 12:41

Cheers Guys and thanks :)

I agree that a placing is possible but is unlikely to be substantially discounted. This transformational deal gives us more leverage in terms of placing terms potentially. Consolidation of shares is bound to happen to attract investments from fund managers who work on share price thresholds amongst others.

I, like many others have asked the question of whether this is a flash in the pan...but I guess Iran is in a hurry to make up and catch up with the world after years being isolated. The speed of moving from a pilot to a £10m deal is astounding...most govts/companies will take significantly longer. They certainly not lacking in ambition - the smart meter roll out proposed could well make Iran the first "smart" country. Sometimes coming late to the party, allows you to leapfrog in technology. Much like many parts of the world moved to mobile communication and mobile banking and missed the landline/ traditional banking era almost completely.

The attractive thing about CYAN tech is its adaptability / interoperability and products for various utilities and the integration with the IoT. The role of CYAN in the IoT would surely be a very big prize, even if you get a tiny market share. Then there is the business opportunity in the Smart Cities - India alone is planning about 100 smart cities and the Middle East in investing in them as well.

So we have electricity, gas and water covered....and I am sure that the tech would be applicable in a number of other sectors. ( I need to do more research into this ).

Once we have a big enough footprint and developed a more mature and recurrently profitable customer base, we will be taken out by the likes of GE, Siemens, Honeywell or some other big instrumentation company.

We have the potential to be a several hundred million turnover company in the next 5-8 years I would think. We could be taken over by then.

People investing now are well positioned to benefit from the undervalued share price when compared to the potential.

Good luck all :)

[stupidboypike] 08/4/2016 11:27

jonwall, Hope you are well. Only took a very small stake but will add if the story carries on without any nasty surprises, TP's post looks sensible to me, may well be an opportunity to add when a placing happens.

Best regards SBP

[johnwall] 08/4/2016 10:50

SBP - pleased to hear you took the plunge at last! Watching and waiting has clearly been the right strategy - your average price is less than mine, even after quite a bit of averaging down, and the risk is clearly lower (though still significant!)

[cancun tango] 08/4/2016 10:08

Good to see both STAV and Peterb still around. ATB.

[major courtenay] 08/4/2016 10:01

Hello all. Long term lurker here. I am cautiously optimistic. My one (hopefully illogical) fear is that this isn't a flash in the pan. I made the crass error of investing in Monitise after they announced a deal with Visa which looked to have great potential. I guess I need not go on about that debacle... So a part of me would like a bit more confirmation. But that said, am slowly building a modest stake, but anticipating volatility (short termers bailing) and an outside chance of a fundraising. MC.

[stupidboypike] 08/4/2016 09:50

multibaggger, like you I have been watching CYAN for a very long time for proof of commercial value. I took a small stake this morning. This has (if you'll pardon the pun) multibagger potential and I feel that this first serious order very much helps to de-risk the investment.

Best regards

SBP

[spike_1] 08/4/2016 09:21

multi - good luck, now would seem a really good time to buy - maybe even wait a few days to see where this settles, but overall the indications are at last good that we will climb overall from here.

I sold almost all my holding after this rise just under the top the other day, and am beginning to top back up and once I've got back my original holding, will like you, average up.

First got in long time ago above 20p too ;0(

Best wishes - Mike

[multibagger] 08/4/2016 06:58

Commisserations bilbosenior on your situation. I had a similar long term hold in VIY and its various incarnations - finally took a £178k capital loss last year. If you are in the market long enough, we all take a massive hit at some point.

I have been watching CYAN for a while and waiting for proof of commercial value before investing. In the past, I got into ground breaking / game changing tech too early and got progressively diluted coupled with no commercial breakthrough. A book called "Crossing The Chasm" by Geoffrey Moore was helpful in understanding the disruptive technology adoption phases - well worth reading.

Now I wait and watch and start taking a position in technology companies only when I think the share is de-risked.The prospect of recurrent revenue, and sticky customers and the technology platform which could be adaptable to other sectors is another dimension I look for - CYAN has this.

I have opened with a 10m share buy the other day and will average up (as I do on progress). I know and feel that CYAN and us are on our way !

Good luck all :)

[bilbosenior] 08/4/2016 05:29

Yesterday's 6% increase was a complete contrast to the previous day's trading, but very welcome all the same and the current "Step up" in the level of the share price I personally feel will be maintained at or about the mid twenties - maintained until such times as the next RNS is issued, which could be any time soon.

As a long time holder of Cyan stock - in excess of 10 years when I initially bought at £0.24 (24 pence), I have my fingers crossed for further upwards movement(s).

GLA

Bilbosenior (AKA P3t3rB)

[duxy786_2] 07/4/2016 22:07

Sabre...mtw disappeared, reincarnated as a buyer and now only read this thread, scared to post in case he gets found out....all whilst trying to put on them trousers you mention.

[sabre6] 07/4/2016 19:10

MTW (alias Billy no mates)
Where are you?
Rumor has it last seen straggling to put on a pair of brown corduroy trousers as large pile of sh.t in underpants.
Roll on next announcement.
So long Billy