Cyanconnode Share Discussion Threads

[davep4] 17/5/2019 11:14

I believe I can provide some links for you Fred, (give me a few days as I’m away). SBP, I believe Execs wanted to recognise £3.1m from the BI contract, however Non Execs disagreed.

[fred splange] 17/5/2019 10:59

Do you have a link to the 10% estimate?A different communications method (Zigbee 868MHz) will improve this for about 3.5% of propertieshttps://www.smartme.co.uk/technical.html

[davep4] 17/5/2019 10:25

It doesn’t quite work like that Fred. The estimate is still 10% of 23m not 2%. Incidentally SMETS2 uses G2 & G3, (not G4 & G5), so it will be interesting to see (in the future) as to what extent Telefonica is prepared to maintain legacy networks.

[stupidboypike] 17/5/2019 10:12

Hi dave, No I'm referring to the difference between the brokers forecast of £8m and the actual £4.5 See timbo003s post 517 for details. Best regards SBP

[fred splange] 17/5/2019 10:00

https://www.ofcom.org.uk/research-and-data/multi-sector-research/infrastructure-research/connected-nations-update-spring-2019Latest report shows England data coverage at 98%. 2% of 23m =? It shouldn't take you long to do the maths.

[davep4] 17/5/2019 09:58

SBP If you are referring to 4.5m v 4.7, due to new accounting standards, 200k will now be recognised in 2019.

[fred splange] 17/5/2019 09:57

The new wireless smart meter network, operated by the Data and Communications Company (DCC), will cover more homes than are currently covered by 4G . In Ofcom's latest Connected Nations report, just 88 per cent of premises receive data from mobile networks. The new national communications network will cover more than 99.25 per cent.https://www.telegraph.co.uk/property/smart-living/why-you-dont-need-mobile-signal/

[stupidboypike] 17/5/2019 09:43

Hi Multibagger, was there any discussion on the discrepancy between brokers forecast and actual revenue? Best regards SBP

[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?