Cyanconnode Share Discussion Threads

[dreamtwister] 07/3/2018 09:56

still money to be made here ! betfred evens dcu completed/running....2/1f roll over uk contracts/spring......100/1 outsider iran......200/1 bankrupt brazil.....red/black india

[lwaxf13] 07/3/2018 08:41

Good companies have share splits not consolidation. We do have one thing in our favour - we are world leading. Now that's something you can take to the bank.

[davep4] 06/3/2018 23:57

@ 7.2p Cyan is valued at the amount it raised last Sept.

[realist1950] 06/3/2018 23:10

I have seldom seen a company that has been forced to consolidate subsequently go on and do well.

Good companies generally do not need to consolidate.

Most that do have issues and ultimately continue to fail.

If people could name a list of successful companies, post consolidation, then I'm all ears.

[estienne] 06/3/2018 18:49

Cyan have somehow taken everyone for a ride. About 10 years ago I bought shares at 18p after which it tanked to nothing. Then after the share consolidation I watched it fall from 30p back through 18p to its current value. I can see it sinking back to less than 1p before a 2nd consolidation.

[lwaxf13] 06/3/2018 08:52

0.05875p bid in old money. Marvellous. I wish I was as talented as our big hitters then I might have a big hitter job too delivering world leading this and that to all and sundry and get a nice bonus.

[realist1950] 06/3/2018 07:52

I'm not saying anything this morning (for fear of upsetting the resident thought police!).

Only that, if you're into bottom-fishing underperforming companies (as Tonyj and a few others on the other thread seem to), be careful you're not just being 'used' to service a large sale on the book.

In such circumstances the boys on the floor have a few options as to how to stimulate buying....and they can be hard to spot unless you've watched the markets for a while.

For example, dramatic drops followed by an apparent 'ease' for share price recovery (within the same session or subsequent sessions) should be viewed with caution imo.

But ultimately it is only a significant and meaningful shift in the fundamentals here that will bring about a serious and sustained change in the trend. Otherwise buyers will be pulled in and used as sale fodder, whilst nothing much on a business level has changed. It's all too easy to get 'locked in'.

In the absence of a meaningful shift in the fundamentals, the company will only really become interesting after the prescription of a sensible valuation. Forget the share price. Concentrate on valuation vs fundamentals imo.

As I've said before a 'lowly' (or, indeed, is it actually 'lowly'?) 8p a share still values this at over £10 Million.

Almost a quarter of the way through March.

Regards.

[lwaxf13] 05/3/2018 20:58

Let's see a big hitter or two or three sacked soon at cyan and an admission that they were well and truly in over their head. Prob have to reward them financially if they did get sacked for doing such a great job or something. These guys are good. The best :-)

[lwaxf13] 05/3/2018 13:56

Can just imagine a meeting with the Cyan big hitters. Lots of thumb twiddling and drumming on table, whistling, looking out the window but not a lot to be said until going home time, "Last one out lock up".

[cancun tango] 05/3/2018 11:50

Dwall, as part of your calculated decisions and research, do you ever get the time to include a look at the share price performance since consolidation?

[realist1950] 05/3/2018 09:50

Regarding your meetings: you will hear what you want to hear.

I'm sure CYAN will be more than happy to blame the market and 'evil' people like me for the state of the share price, rather than seeing it reflect the realities of the companies bottom line.

They will probably also tell you they're grossly undervalued.

So...go. Attend. Go and get your dose of 'confirmation bias', by all means.

And while you're at it I'm sure you'll whine about some individual like me, who really has zero control over the companies destiny, for better or for worse.

If the company had delivered and had a proven business model the share price would be higher.

As it stands, the business model is not proven, the cash burn is too high and it is working in a highly uncertain market. It also has a poor track record.

But of course, the fault is all mine.

Deary me.

[realist1950] 05/3/2018 09:45

Dwall - instead of pestering me and making judgements about my intentions (all of which are incorrect by the way) why don't you run with some of the intelligent points I've raised.

If you're a holder, they should be of interest to you.

Being a holder is not a prerequisite to having an opinion and sharing thoughts.

Indeed, as I've previously said, unlike others, my thinking is not clouded by being financially committed here.


And again, unlike others, I have not told people to buy or sell (unlike others on other threads who have encouraged the less astute to 'Buy' because this is the floor, all the way down.

THAT is irresponsible.

Posting well reasoned thoughts is not.

And to date, I've hardly been incorrect, either.

I'm not being boastful, but instead defending myself against your wild accusations.

Perhaps you want to discuss the company, and not me.

Why don't you start with the major seller in the market and what the implications are for those buying in. Or how the presence of that seller might impact the share price upon further news, good or bad.

What we're trying to do is get a window into the future.....not discus me, or you.

So stay on topic, if you can.

[dwall] 05/3/2018 09:39

Btw my information and research also comes from following the stock for a long while and making calculated decisions after carrying out my own research.

This week i am in New Delhi and will attend the ISGF, i have meetings which will include no doubt some with CyanConnode.

I will of course pass on your regards.

[dwall] 05/3/2018 09:22

The shortest 1950

And all the above from someone who by his own admission has no financial interest in the company.

As others have said, what a kind chap you really appear to be.

However in the real world and unfortunately for you, I suspect all who have listened to your rantings have already sold.

More may sell for other reasons but im afraid you have now done your work here persuading the weak holders to help you make money.

Now you will need to buy back at some point.

Your obviously expecting to do this in a placing.

So now and in my opinion instead of yours, unless you are prepared to wait a whole lot longer than you believe, you will not do this.

If you do it won't be for 6 - 9 months and it will be at a much higher share price

So I have my opinion and have a large amount of stock, you have yours and have none whatsoever according to yourself.

I post maybe once a month here, you spend most of your time of late doing nothing else it seems.

No interest whatsoever hey, apart from a desperate need to get the price lower in my opinion.

It will be interesting to see how things pan out.

[realist1950] 05/3/2018 09:10

As a footnote, I will also say that I find little 'encouragement' in the following lines from the January RNS:

".....as the Company continues to develop new products, such as communication technology for battery powered water and gas meters."

and latterly...

"....aided by further developments to the Company's current offerings."

Cyan were looking at gas and water metering many, many years ago. To see them potentially enter the fray again, at this stage, begs questions - in my opinion.

I also do not particularly like the pitching of CYAN's offering against GPRS in the same RNS, ie:

"As the smart metering industry is developing, different technologies such as GPRS are being trialled by utilities around the globe. CyanConnode believe that RF mesh is the best suited technology to the markets in which it is operating. A full discussion and comparison of these two technologies can be found at hxxp://cyanconnode.com/wp-content/uploads/2017/12/RF-Mesh-Vs-GPRS_USV2.pdf."

[realist1950] 05/3/2018 08:53

Clearly there is still a large seller in the market here and I expect to see further large lumps of stock dumped in due course.

There is a lot of hot air on the other thread regarding revenue visibility and indeed a lot of people now leaning quite heavily on 'hope'.

Not ideal.....and a primary question should be, 'who' are selling......especially given that it has been announced that the last party releasing CYAN stock were all but done.

Some are looking for a funding plug only till Q4 2018 (at which time they expect payments from the UK ops to start rolling in) but as recent focus in the press has highlighted, this project is, at the present time, by no means a 'given', at least not in it's existing form, for changes or reviews may well occur. My guess is that the rollout will be changed in some capacity but we will see....

I have written a missive which some may almost consider something of 'a contrary broker note', summing up my thoughts here. It references the RNS of January and provides a strong counter-argument to those who think this company might be able to self-fund through sales revenue as apposed to the need for a further placing.

I believe strongly this company will issue more shares before too long and part of the reasoning for that is Cyan's self-declared time-lines for revenue streams to arrive.

In the January RNS they are still looking at a time frame of a whopping 18-24 months for certain contracts, which, for a cash intensive company such as this, is really a very distant thought indeed.

What is more disappointing is that those timelines in themselves appear to be the result of slippage to date, especially when one compares and contrasts to previous statements made by the company over recent years.

I point people once again to the much lauded Iranian deal - now very nearly 2 years old - and yet with little to show for it. But it's not just Iran. CYAN's FY 2017 revenue figures show that virtually nothing from serious order book conversion is coming in. £1.2M is more like paid trial money......which is a wholly, wholly different scenario to receiving funds for a commercial rollout.

People should also look to the revenue achieved by Connode pre acquisition and compare and contrast to the (reduced) revenue achieved by the Group as a whole, post acquisition. The observations should (for anyone who is genuinely inquisitive - and not head burying) beg further questions.

As ever, until it proves differently, Cyan remains something of a 'jam tomorrow' stock. It promised large revenues for almost a decade prior to the arrival of the latest board of directors, with changing goalposts and not altogether unlike a rainbow, striding and fluxing away into the distance as 'apparent' progress is made. The latest executive chairman has maintained the strong rallying calls that characterised cyan's earlier years but as we've seen, the stock has only fallen and shareholders have seen the value of their investment fall.

Placings have continued and future promises abound.

The generous renumeration packages offered here to Cyan's most senior staff can only rub salt into the wounds of those who have only ever seen the value of their stock fall, and particularly so when those in charge will, in all likelihood, seek further funds from the same, in order to remain as a going concern.

Part of remaining as a going concern is, of course, to pay those very renumeration packages and I personally find it hard to justify 'bonus' payments atop other renumeration, especially whilst the company remains making considerable losses and whilst shareholders continue, over successive years, to see the value of their holdings fall yet further.

Everything written is in my opinion only and without prejudice. I may be wrong in my thoughts and people should always do their own research etc.

[dreamtwister] 02/3/2018 17:33

A raft of AIM-listed firms were scrabbling for a new broker after Beaufort Securities was shut down today by the UK financial regulator.

As many as fifteen firms used Beaufort Securities as their sole broker and now have to find a replacement or face de-listing from the junior market.

[stupidboypike] 02/3/2018 15:55

Thanks for letting me know realist - you are very kind to save me with your detailed knowledge, and you spend so long on this board telling everyone how bad this company is. You really are too kind. Best regards SBP

[cancun tango] 02/3/2018 14:47

Think multibagger most almost have finished by now. They've gone very quiet lately.

[realist1950] 02/3/2018 14:06

Clearly a worked seller in the marker imo....

On the way down there have been hefty lumps of stock dumped out. Adding these larger trades together over previous weeks I'm surprised that hasn't been a reduced holdings RNS or two.

At one point I remember around 4% exchanging hands in a pretty short space of time.

Still, it's up to the seller to inform the company. The company is then duty bound to inform the market within three trading days.

I've seen some sellers over the years (in other companies) reduce for many months, moving through whole percents over periods of weeks before telling the company.

Very poor practice imo.

Not sure that's happening here but someone has been shedding imo.

Beware the bull trap here to any green / newbie punters......a couple have been sprung here in recent times and many more over a longer period of time. Don't get locked in.

[lwaxf13] 01/3/2018 13:48

This turn in an instant? They have had years to turn this and instead of the Midas touch we have been cursed with the Cyan touch. I do like that. It could actually catch on as the global phrase synonymous with failure.

[escapetohome] 01/3/2018 13:45

Cyan = billions of shares in issue, and that wont change over the years, stand by for more of the same.

No need to make profits when mug shareholders can be tapped, and easily too judging by the adulatory posts in awe of the great Cyan.

Not a holder here.

[emptyend] 01/3/2018 13:23

I do love the way people try to TA newsdriven stocks. The shares have fallen because a) there has been no news and b) because patience is in very short supply in the market right now.Unwelcome for holders, of course, but could turn in an instant. But I'm sure the seers will just carry on......

[lwaxf13] 01/3/2018 13:22

This is what we get for having a world leading team. Truly on top of their game. Pathetic. At least they made several hundred thousand off the back of this.

Does that bloke, what's his name still think this will be the best thing since sliced bread? Was he the same bloke who proclaimed our 50% chance of winning contracts. 50% chance is absolutely pathetic and not worth bragging about,

It Might be time to reprice the options to reward the big hitters for doing such a world class job.

Surely someone is going to walk the plank sometime soon or do they carry on believing in their abilities?