Cyanconnode Share Discussion Threads

[runthejoules] 19/1/2017 11:52

I don't know why I didn't get this RNS! I would have read it with interest... I am subscribed to ADVFN message alerts, did anyone else's not come through?

[stupidboypike] 19/1/2017 11:44

I would simply point out that 100M shares is a 0.3% dilution. No share holder likes dilution but this is not big. I would agree that at some point further fund raising is likely/inevitable. I hope there is another Iran type contract in the mean time and funds can be raised well above todays price. I have been a very small and now slightly larger holder for around 5 years and FWIW I think the next 3 to 5 years may well see a multi fold increase from todays price. That's why I stay holding. Certainly not for widows and orphans but may give a good result over the long term.
Best regards SBP

[lwaxf13] 19/1/2017 09:21

IMO the way to make money in cyan is not in the shares but get a job there in sales :-) If I knew anything about sales I would apply though is previous sales experience a prerequisite?

[lwaxf13] 19/1/2017 09:18

I wonder what the press could have to say about cyan assuming the press have heard of this world leader.

[owenski] 19/1/2017 09:12

"They may also be used for the payment of employee salaries."

That sounds awful.

[dreamtwister] 19/1/2017 09:08

new investors beware further dilution on the cards !

In addition, CyanConnode announces that application has been made for admission to trading on AIM in respect of a further block listing of 100,000,000 ordinary shares of 0.01p each to become effective on 19 January 2017 (the "Block Listing Shares"). The Block Listing Shares may be used to settle cash sums due by the Company for suppliers and professional advisers. They may also be used for the payment of employee salaries. Such shares will be issued out of the Block Listing Shares on the first day of each month at the closing mid-market price of the Company's ordinary shares on the last trading day of the previous month. The Block Listing Shares admitted on 1 July 2016 will be used to issue shares to directors and certain employees as described in the circular announced to shareholders on 14 June 2016, at the placing price of 0.18 pence per ordinary share.

[runthejoules] 19/1/2017 08:29

It's a shame the 7.5% share price jump hasn't stuck. I could've done with topslicing a bit here. When is the next report due? Suppose we'll go back to hanging around .19-20 again now for a few months. Shame. I really think it looks like there'll be some progress but I can't blame some long termers for getting impatient and bailing. Hopefuly some press later on might bump it up a bit.

[fozdad] 19/1/2017 08:03

Reassuring progress? Well there appear to be some who agree, but not sure I'm one of them.

Turnover at the half year was over a million (producing a huge £125k gross profit) so in the second half, despite the additional revenue generation from the acquired business, revenues actually reduced compared to the first half and this is supposed to be a period of huge growth for the world leader in one of the hottest business sectors in the world.

[techno20] 19/1/2017 07:47

Reassuring progress - looks like real traction being achieved on lots of fronts. Huge opportunity globally if they can continue to execute effectively. GLA techno

[multibagger] 19/1/2017 07:24

...Areas where there is no mobile coverage

[mysticmonkey] 19/1/2017 07:19

What's a hot spot not?

[stav5001] 18/1/2017 19:43

Keep going guys, CYAN needs new blood!

The old guard are exhausted, too many trips down the back of the sofa to top up.

[lwaxf13] 18/1/2017 18:23

Early stage? How many years are people prepared to give this lot? Seriously if I could get paid as much as they do for non delivery I would jump at a job like that. If their current performance is an indicator of the future then this company is ... IMO,

[zengas] 17/1/2017 20:36

For that matter look at Asos - floated at 20p in 2001, dropped and stagnated to 2-3p.

There was a core of stale investors who said it would never come good. Internet business selling fashion etc and would be beaten by any number of the big high street outfits who would develop their own sites having mega multiples of ASOS' cash to beat it into oblivion or be trashed by Amazon and more than easily replicate their business model.

I bought in at close to the lows and sold after holding for a long time when I made a few pence/share on it but the level of negativity from the 20p buyers was enough to put anyone off and played a big part in me not holding longer.

It did nothing for 4 years other than drop from its 20p listing to 2.5p before climbing to £70 (no consolidation of any kind) in it's first 11 years.

This is a multi billion pound revenue segment and still gathering momentum.
There are other competitors. We've won orders and if we can win one for £10m I believe there's every possibility we can and will win more of that size and much larger. These kind of stocks are ones to be ultra patient with. You only have to see the UK delays in meter rollout never mind India or further afield in terms of volume so there's much that is beyond the company's control imo.

[emptyend] 17/1/2017 19:38

Tesla spent about $500mn and ten years making losses before they earned their first quarterly profit. Their shares flatlined from IPO to the point of their first profit, then went from $20 to $270 in the next 18 months - despite immediately lapsing back into another three years of losses.I don't expect that scale of move here......but if and when 2-3 decent orders get strung together, then there will be a major re-rating. They have enough "irons in the fire" to do this.....as you know, they've had plenty of trials....

[dreamtwister] 17/1/2017 17:56

April 11th, 2011, 04:07 AM
Re: CYAN -Cyan Holdings

Significant Initial Orders in New Territories

Cyan Holdings, the integrated system design company delivering mesh based flexible wireless solutions for lighting control, utility metering and industrial telemetry, is pleased to announce two new orders that will see Cyan's 'CyLux' lighting control systems installed in two new geographical regions and market segments for the Company.

As part of today's agreement, Cyan has received an initial order for 10,000 units of CyLux, which the Company understands will be installed in a new vapour sealed HID lighting product to be used on gas and oil installations in India and the Middle East.

In addition, Cyan has received the first order for a CyLux installation in Europe. LED lighting, monitored and controlled by CyLux wireless lighting control systems, is to be installed into a road tunnel in Italy.

CyLux is suitable for new lighting installations or can be retrofitted to existing systems. Indeed, through two of Cyan's partner companies, CyLux modules are being installed into ballasts for HID and HPS lights as well as drivers for LED lights. This eases the adoption of CyLux monitoring and control for lighting manufacturers as they can now simply install 'Cyan-Inside' ballasts or drivers to make CyLux enabled lighting products. The Company believes this factor will lead to a rapid rise in CyLux shipments.

Kenn Lamb,CEO, Cyan commented:
"These customers are installing our products within early stage projects and we expect high levels of follow on orders as their projects unfold. Initial orders, therefore, represent a small fraction of the much larger opportunity with each new customer".

"Today's announcement is significant in that it is taking us into new world markets beyond our existing reach as a business; principally Asia. It is pleasing to see our hard work leading to expansion into other geographical regions, which could well be the turning point for the Company".

[dreamtwister] 17/1/2017 17:27

EARLY STAGE GROWTH COMPANY ? take note of the date ! footprints in the sand !

29 December 2009

Cenkos forecast Cyan (CYAN.L)

2010 to be breakthrough year Cyan’s recent trading update has been largely overlooked by the market despite its very positive message. Having waited so long for the company to deliver volume orders we understand the market’s scepticism but we do not share it. As detailed in Decemberâ̈́4;™s statement, Cyan’s products have been in field trials with a number of very significant potential customers for more than a year.

Encouragingly, Cyan’s solutions are delivering the promised component savings and meeting the technical specifications in every case. The company has successfully completed c.10 field trials and we believe that the weight of evidence has now built to such an extent that volume orders are highly likely. The great difficulty is in predicting the timing of these contracts. The announcement that Kenn Lamb (CEO) and John Read (Ch) both added modest amounts of stock to their holdings yesterday suggests that the team remains confident of a positive outcome in 2010.

Sufficient cash resources
We believe that the funds raised in November 2009 (£1.8m net of expenses) provide Cyan with enough cash to cover c.18 months of cash burn in the absence of meaningful volumes. We are optimistic that material orders will be received well within this timeframe. Furthermore, the tie up with Future Electronics announced in July 2009 has transformed Cyan’s financial and operational credibility with the companyâ€;™s pipeline and gives us confidence in Cyan’s ability to deliver upon orders once received.

Pipeline
Given the difficulty in predicting the timing of contract announcements, we are yet to produce forecasts for the company. We envisage issuing 2010 estimates after Cyan receives its first meaningful order.

That said, we have included the table below to demonstrate the magnitude of the opportunity faced by the company:

Market Prospects 2010 Gross Profit (£m) Prospects 2011 Gross Profit (£m)
Metering ..........3.0m.............9.0.............7.5m ..........22.5
Demand Control ....1.5m ............4.5.............3.0m ...........9.0
Street Lighting ...2.5m.............7.5.............7.0m.......... .21.0
Source: Cenkos securities estimates, company data

As the table demonstrates, Cyan has a visible pipeline of prospects that amount to c.7m units for delivery in 2010. We believe that gross profit of $3 is feasible per unit. Against annual running costs of c.$4.0m, there is clearly the opportunity for Cyan to become materially profitable on a monthly basis during 2010. Cyan is only capitalised at £12m which offers significant upside given the opportunities above and the high operational gearing. Given up to 18 months of cash, we believe that the rewards far outweigh the risks at current levels

[stav5001] 17/1/2017 17:07

At this rate the bod will be of retirement age before this finally takes off!

And... They are not the only ones!😂ԅ17;😀

The only big numbers we have had announced here over the many years are the exponential increase in issued shares as LTS are diluted out of existence. At least this one area where it seems the sky really is the limit!

Sooner or later there will be an inevitable and very large share consolidation, and that rarely bodes well on AIM.

Empty, you may be lucky if you invested at such a Low SP, but for LTS it's just our pockets that are empty.

Wax on! I like your commentary!