Cyanconnode Share Discussion Threads

[lwaxf13] 07/12/2016 17:17

Another deal for 4,700 units and my target will go up to £1.50. That will be 4,700 + 4,700 + 10,000 previously is err a big number and pretty much the entire Indian market cornered ;-)

[lwaxf13] 06/12/2016 17:43

It will fly. World leader. Very amply rewarded BOD. Some might think excessively so compared to the returns of the business. Not paid enough IMO. Waiting for £1.

[dreamtwister] 06/12/2016 17:38

fact t/day i had a scam telephone caller from india asking me if i had recently had a accident, so i replied no he then asked me a few more questions of which i replied no he then asked if i knew anybody else ? so i gave cyan`s telephone number and to ask for john cronin,he thanked me kindly and said he would try to sort mr cronin problems

that call makes me smile, so watch the share price fly now

[lwaxf13] 06/12/2016 13:42

Seriously, you would consider wasting good stuffing on this? ;-)

If the 4,700 units is the much looked forward to sales news this side of 2017 then it is very disappointing for a world leader. How much is it worth in £? How much did it cost to win the business?

Keep the faith. This will fly. Another deal or two like this and we are off (again).

[dreamtwister] 06/12/2016 11:56

exodus of sells plus the 605 million overhang plus the monthly directors shares allowance and a order of 4.700 units.this turkey needs stuffing.

Issue of Equity

CyanConnode (AIM: CYAN.L), the world leader in narrowband RF networks for Omni IoT communications is pleased to announce that Nightingale Investment Company Limited ("Nightingale"), Fataarc Limited ("Fataarc") and other existing shareholders have agreed to invest a further GBP1,210,000 in the Group by way of a subscription for 605,000,000 ordinary shares of 0.01 pence each ("Subscription Shares") at a price of 0.2p per Subscription Share (the "Subscription").

Biggles Enterprises Limited ("Biggles") and Fataarc have together invested GBP3,050,000 into CyanConnode equity in June and October 2016. Nightingale and Fataarc (which are associated with Biggles) have now agreed to invest a further GBP1,050,000.

The investments are being made by way of a subscription for 605,000,000 Subscription Shares at a price of 0.20 pence per share (the "Issue Price"). The Issue Price represents a premium of 11.1% to the last investment made by Biggles and Fataarc on 3 October 2016 at a price of 0.18 pence per share. The Issue Price represents a discount of 2.4 per cent. to the Group's mid-market closing price on 8 November 2016, being the last business day prior to the publication of this announcement.

The Subscription has been undertaken pursuant to the general authorities granted to the board of directors at the general meeting of the Group held on 30 June 2016 and therefore no further shareholder approval is required. The Subscription is not underwritten and is conditional only upon admission of the Subscription Shares to trading on AIM. Application will be made for the admission of the Subscription Shares to trading on AIM and it is expected that the Subscription Shares will be admitted to trading on AIM at 8.00 a.m. on 14 November 2016 ("Admission"). The Subscription Shares will be issued credited as fully paid and will rank pari passu in all respects with the Group's existing ordinary shares of 0.01 pence each. The Subscription Shares are not being made available to the public and are not being offered or sold in or into any jurisdiction where it would be unlawful to do so.

[lwaxf13] 06/12/2016 09:05

Well that's that then. Got all the right buzz words in there; "world leader", "Omni Internet of Things", "partner Eco-system". Just one important piece missing; revenue and income numbers.

They can keep their 0.6p. Holding on for £1.

[stav5001] 06/12/2016 00:14

Ok Iwax

You have a point. Perhaps some need to be expelled!

[lwaxf13] 05/12/2016 13:09

Must do better is an understatement!!! The performance of this has been a failure for shareholders except those who managed to get in at the lows. I am not sure how they dress this up positively at dog and pony shows.

[stav5001] 05/12/2016 10:31

Operating Profit / Loss (3.26) (3.27) (3.10) (3.58) (2.95)

Shares in Issue 15,703m


If only we could earn at the same rate as we have issued shares.


These figures just tell a short part of the story.. End of year report.

Must do better!

[dwall] 05/12/2016 09:35

Framework Agreement now in place?

From the BRR media release today, 46 secs in :-



"With this purchase order Tata Power have actually now issued a framework agreement to L and T"

I think Cyan have been working and waiting on this for a long time, over a year i believe, so hopefully it is very significant.

Thus i also hope Cyan, or Beauforts, issue detail on it asap for shareholders to see.

GL.

[cpap man] 05/12/2016 07:50

John Cronin, CyanConnode Executive Chairman, commented: "This order is an encouraging sign of the progress CyanConnode is making in the Indian market. It demonstrates the success of the company's scalable business model, with its collaborative approach and commitment to transferring skills and experience to our partners in-country, as well as supporting Prime Minister Modi's 'Skill India' and 'Make in India' initiatives. We are confident that we have solutions that are providing customer value today, with our cost-optimised narrowband RF mesh solution, as demonstrated by the growing implementation at Tata Power. To ensure that we can continue to provide customer choice and value, we also offer standards-based solutions for rapid innovation of converged networks for applications in smart cities and IoT."

[lwaxf13] 03/12/2016 08:11

A Tuesday? On the Mayan calendar maybe ;-)

It's the day after the December US Fed meeting announcement of a paltry 0.25% interest rate hike but enough to start a slide in global markets.

It's the date set by Donald Trump for a press conference to discuss leaving his business.

It's 10 days before Xmas. 10 lords a-leaping.

Anything else expected that day?

[emptyend] 03/12/2016 02:36

Thanks dwall.

[bilbosenior] 03/12/2016 00:46

....Yup, it's a Tuesday!

[sabre6] 02/12/2016 15:45

15th December 2016

[lwaxf13] 02/12/2016 13:35

We are down around 50% since JC came on board. It has achieved an all time low during that time. Am I missing something here?!! There is no way to sugar coat this. It has been nothing short of failure to deliver share holder value.

Also, good luck to anyone who got in near the low.

[activeservo] 02/12/2016 12:20

There's no point looking at charts beyond 1 year. History, is just that. So there's no point commenting on it.

I think it actually hit the "all time low" in April 2016, any lower and we wouldn't be here talking about CYAN today....

So, the 12 month chart is showing an upturn. Although this is largely based on sentiment, as there hasn't been any significant sales news. My hat off to those who jumped in during April 2016. Easy ride for them now.

[nilli] 02/12/2016 12:17

Totally lwaxf13. the BOD has got to prove their worth.

[activeservo] 02/12/2016 09:49

Like the start of October, this could be the beginning of another slow tick up resulting in a new support point.

The 1 year chart shows it is certainly heading in the right direction, indicating a generally positive/bullish sentiment towards this tiny share. So any money invested at this stage should be relatively secure whilst we await new contract awards (but that's based on hope of course!).

[dwall] 02/12/2016 06:54

Morning emptyend

As i understand it Nightingale is all part of Biggles Enterprises i.e. John Stamp.

GL

[emptyend] 02/12/2016 03:51

Who are the beneficial owners of Nightingale Investments? The listed directors are lawyers.....

[lwaxf13] 01/12/2016 13:16

If not then the bod IMO seriously needs a clean out.