Cyanconnode Share Discussion Threads

[stupidboypike] 17/5/2019 08:47

timbo003, Did you get to the presentation, and if so did you get an answer about the difference in projected and actual revenue?

Best regards

SBP

[tightfist] 17/5/2019 07:35

We were told on Wednesday that there are now 906k SMETS2 meters installed, adding 7k each day. Target is 23m for Toshiba/CC in mid/south England/Wales. .Not-Spots figures eagerly awaited by all, BUT Connode pre-sold 200k licences so they don't foresee any revenue in 2019. The good news is that IF the meter forms part of a CC network ONCE they collect £0.625pa for 15 years!

[fred splange] 16/5/2019 18:07

To be fair, he's been pretty confident about a lot of things over the years. And..

[multibagger] 16/5/2019 17:53

JC pretty confident that a further fund raise won't be necessary....

The link is below...you know where to make the spelling correction :)

pttps://www.proactiveinvestors.co.uk/companies/stocktube/13384/cyanconnode-focused-on-cost-control-and-converting-new-orders-into-revenue-13384.html[...]

[tightfist] 16/5/2019 07:25

Yes, I did attend and finally (after years of patience!) came away with a very positive impression. The entire slide pack will soon be available on the Cyan website; if you have some questions please ask afterwards.I think the entire cost-reduced BoD were present and accessible. 90% of the presenting was NOT done by JC - all-in-all, a good and worthwhile evening. tightfist

[lwaxf13] 15/5/2019 20:43

Did anyone attend the share pumping session this evening? Was it the same old; world leaders, IOT, orders falling out of their ars*s, top talent team, no share price chart, couple of PowerPoints and biscuits?

[davep4] 14/5/2019 08:39

You’ve missed his sarcastic sense of humour pldazzel

Anyway it’s not so bad, if you turn the share chart upside down, it looks great!

[pldazzle] 13/5/2019 23:44

lwaxf13 3181 27/04/19
"Cyan is after all a world leading company that has gone from strength to strength since we were fortunate to have JC join and really drive the business forward. I am confident he will show the share price chart at the upcoming investor presentation to show just how well he has done and full credit to him for getting the share price to current world leading value."

lwaxf13 3182 13/05/19
"Does restore shareholder value mean there was once upon a time share holder value? Classic. Under the big hitter leadership this has been a car crash. Reminds me of the Conservative party leader with her talent for forking up everything she touches."

Come on now lwax, not that I seek to challenge your latest comment, but do tell how come you have made a full 180 degree turn in the space of little over 2 weeks: fickle, moi?

[lwaxf13] 13/5/2019 21:01

I love this bit

“The Company's focus for 2019 is to restore shareholder value by converting existing and new orders into revenue and by carefully controlling operating costs.”

Does restore shareholder value mean there was once upon a time share holder value? Classic. Under the big hitter leadership this has been a car crash. Reminds me of the Conservative party leader with her talent for forking up everything she touches.

[davep4] 13/5/2019 14:02

If Cyan has to come back for more cash JC will be toast, (like the sliced bread man).

[realist1950] 13/5/2019 12:18

As a longstanding (14 years) observer of the fundraising machine that is 'CYAN', and a once regular contributor to these bulletin boards (first warning those set on losing their money here 2 years ago at 30+p) I thought I had bowed out gracefully and given my work here.

But the naivety of your common or garden retail investor (both old and new) continues and knows no bounds.

Some, weeks ago, championed the fact that the company wont need to raise funds again....citing breakeven on the horizon and hanging everything they have on easy words ushered by the management........not for a moment looking at the history of the same.

They seem to think that if a company hits breakeven, all is well in the world and no more money will be required.

WHAT nonsense that is. And especially so for a tech company.

I think you'll find this company will be back for more cash......again and again (as I have previously suggested, successfully.

But as ever, these are just my views and opinions only. People should do their own research and reach their own conclusions......minding at all times and separating when necessary, their own wants and wishes and biases from the reality of what actually is.

All without prejudice.

Regards.

[multibagger] 13/5/2019 10:44

Market seems to think so - could be the perception / potential mixed messages in the wording of the RNS and the more upbeat tone of the interviews. On one hand seem to say that they are confident that no more money is needed for a year at least, then on the other, being very cautious and stating that funding capital avenues are being explored. In the stock market, people always give weight to the more pessimistic outcome, though it may be less probable/may not happen.

Re-statement with a reduction of about £200k and impairment of £578k also weighing on the market it would seem. Clarification around SMETS2 rollout and that Indian election context for reduced order flow puts matters in perspective.

Some chunky 100k x 3 buys gone through...so may be some lost ground will be regained in the cool light of the days to come (and the red mist lifts) !

[bscuit] 13/5/2019 08:28

Market underwhelmed?

[hamidahamida] 08/5/2019 18:11

Institution is dumping shares

[fred splange] 08/5/2019 10:27

How much are you currently down here multi?

[multibagger] 08/5/2019 10:11

Probably posting under a new name, as many are wont to do, when the tide turns !

Usual MO of many BB posters - kick it and keep kicking it, when a company or share is down. Even when they profess not to own "this POS" but invest loads of time posting on the BB about this "POS".

Their altruism to save us from our own folly and naivety, is on a cosmic level.

Once the share price tide starts turning, shed their old BB identity. Pretend they know nothing about their posts. Take credit that they bought in cheap and made massive money....."look at me, what a smart investor am I ! "

Pretty pointless souls - I have so many on BB filter, so don't have to wade through their drivel.

[sabre6] 08/5/2019 09:40

Where is Iwax now the good news is starting to flow.

[emptyend] 07/5/2019 17:39

FYI I understand from NPower's contractor that they have been installing SMETS2 meters since mid-March.

[hamidahamida] 07/5/2019 08:36

CEO has only recently reiterated cyan will go cashflow positive and they have enough funds to see them through to profitability and they are expecting significantly higher revenue in 2019 then 2018 4.7 million figure After overrating the share price for years now cyan has started delivering the jam company is grossly underrated and share price is at all time low Let's see what the management has to say in next 10 days

[multibagger] 07/5/2019 08:07

Final results from 2018 due to be announced tomorrow and 15th May Investor Presentation. I suppose John Cronin will be doing an interview with BRR Media sometime soon to add to the publicity.

Some chunky 6 figure buys last week, so let's hope we have seen the share price lows forever !

[hamidahamida] 07/5/2019 07:59

This used to be overpriced like Opti this happens when reality hits now it's underrated

[sabre6] 06/5/2019 14:22

Manc10
You sound like Cyans biggest fan.

[tonys8] 06/5/2019 10:44

This from April's TU, doesn't suggest a need to raise more funds ... "We are pleased to report that trading for the first quarter of 2019 has met CyanConnode's market expectations. In addition, the Board believes it has sufficient funds to execute its business plan for 2019 and reach cashflow breakeven. CyanConnode is expecting a positive second half of 2019 in its key markets including India, China and the rest of world for its pioneering smart city technology solutions"

[manc10] 06/5/2019 10:34

After years of investment CyanConnode needs yet more cash and is still miles away from profits