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CYAN Cyanconnode Holdings Plc

9.00
0.00 (0.00%)
28 Mar 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Cyanconnode Holdings Plc LSE:CYAN London Ordinary Share GB00BF93WP34 ORD 2P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 9.00 8.80 9.20 9.00 9.00 9.00 361,035 08:00:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Electronic Components, Nec 11.73M -2.41M -0.0074 -12.16 29.13M
Cyanconnode Holdings Plc is listed in the Electronic Components sector of the London Stock Exchange with ticker CYAN. The last closing price for Cyanconnode was 9p. Over the last year, Cyanconnode shares have traded in a share price range of 7.20p to 19.25p.

Cyanconnode currently has 323,664,064 shares in issue. The market capitalisation of Cyanconnode is £29.13 million. Cyanconnode has a price to earnings ratio (PE ratio) of -12.16.

Cyanconnode Share Discussion Threads

Showing 24426 to 24445 of 31900 messages
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DateSubjectAuthorDiscuss
23/8/2019
19:06
What exactly would a bidder be buying? A self proclaimed world leading company that thrives on failure? Or am I missing something? Do Cyan have something worth buying?
lwaxf13
23/8/2019
18:33
Very vulnerable to a 7-8p industry bid here.....If a bid were tabled at that level, shareholders would definitely take it - the only Q would be whether there would be any competition. My guess is that it would be pitched high enough to head off any.
emptyend
23/8/2019
12:02
I would hazard a guess based upon the continued share price destruction overseen by the Cyan world leading team that just maybe no he has not helped. IMO it would be difficult as non-exec to be able to help here given the bod appear to be in way over their heads whilst trousering obscene amounts of money. It looks like a gravy train to me. Hard to turn that kind of company culture around without a complete clear out of the people in charge.
lwaxf13
23/8/2019
07:36
Was it

William Johns-Powell


Mr. William David Johns-Powell is Non-Executive Director of the Company. David is a significant shareholder in the Company, currently having a beneficial interest in 7.84% of the Company's shares.

He brings with him extensive entrepreneurial experience across a range of businesses and sectors, including property investment and development, equity investment, manufacturing, leisure, food and beverage, retail and insurance.

In his time he has set up businesses and held a number of corporate roles, including overseeing the overall business trading strategies and holding finance and governance roles.

David will be working for no remuneration in this Non-Executive Director role.

buywell3
23/8/2019
07:28
Who was that ?
buywell3
21/8/2019
13:35
Did having that shareholder join the board ever help. This company just doesn't stack up, all these great orders and market cap of £7M. I think it will get bought for a pittance eventually
the bull
15/8/2019
06:28
What TNEB order? This lot have more orders than you could shake a stick at. I recall mention of an order book of $100M. Was that a typo maybe and they meant an order book of $100?!!
lwaxf13
14/8/2019
08:39
Is the TNEB order unlodged yet ?
mtw
12/8/2019
18:14
Yup, certainly does, could we bestow a Guinness book of records type honour on them, longest period of cash raise in human history versus lowest market cap, largest amount of POTENTIAL versus lowest amount of actual delivery, largest bod reward for appallingly negative share holder return.

I don’t hold here folks sold out years ago, but just can’t believe the destruction.

escapetohome
12/8/2019
17:55
I hope he does still get awarded bonuses. In fact I hope the CYAN top team all still get bonuses. It can’t be easy delivering failure with such consistency for years with the distraction of untold millions of punters money to grow the business. IMO this special kind of talent deserves reward.
lwaxf13
12/8/2019
16:52
Just imagine what the share price would be if Cronin wasn't heading up a world leading company. Does he still award himself bonuses ? Ever lower lows as the complete and utter destruction of shareholder value continues.
mtw
08/8/2019
16:04
0.021p bid in old money. That’s 2 one hundredths of 1p. I take my hat off to the Cyan management. They have achieved this world leading stellar performance without a hiccup. Fair play to them. Quality.
lwaxf13
05/8/2019
06:16
05 August 2019

CyanConnode signs MoU with Hexing

CyanConnode Holdings plc (AIM: CYAN), a world leader in Narrowband Radio Frequency (RF) Smart Mesh Networks, is pleased to announce that it has signed a Memorandum of Understanding (MoU) with Hexing Electrical Co. Ltd (Hexing).

Hexing, established in 1992, is a multi-national manufacturing company that supplies Utilities in more than 80 countries across the world, with headquarters in Hangzhou, China.

CyanConnode and Hexing have agreed to collaborate and deliver smart metering solutions in certain territories. As part of the collaboration, Hexing will integrate CyanConnode's RF Modules with its meters and CyanConnode's Omnimesh Advanced Metering Infrastructure (AMI) platform with Hexing's Meter Data Management System (MDMS), to create a cost-effective turnkey solution.

Bjorn Lindblom, Chief Commercial Officer, CyanConnode, commented:

"I am very pleased to announce that CyanConnode will be working with Hexing, who have a wealth of experience in delivering solutions to Utilities in more than 80 countries around the world.

"The Memorandum of Understanding will expand CyanConnode's geographical reach and introduce its products and services to new customers."

Fan Jianqing, GM of International Trade Department, Hexing, commented: "As a leading provider of advanced metering infrastructure, we are pleased to offer CyanConnode's IPv6-based Omnimesh solution as part of Hexing's portfolio. CyanConnode's RF Mesh technology provides a cost-effective, scalable communication network that can be integrated and deployed with ease."

In a recent report from MarketsandMarkets, revenue in the global smart meters market is expected to grow from $12.79 billion in 2017 to $19.98 billion by 2022, with Asia-Pacific estimated to be the fastest growing market*.

*hxxps://www.marketsandmarkets.com/Market-Reports/smart-meter-366.html

multibagger
02/8/2019
10:51
Cheers tightfist....on one of the India Smart Grid Forum it was mentioned that Jharkhand state tender for 360k was open till 05 July 2019 and technical bids now being assessed. I'll post the link when I get a mo....but recall some mention of the same sometime ago in the investor slide deck....so maybe in the pipeline for news at some point ?
multibagger
30/7/2019
20:56
Apple is a world leading company just like Cyan. Both operate in the tech space as major global players. Apple just announced quarterly revenues of $53.8 billion with a nice profit in that. What’s the guess here on Cyans next 3 months revenue? £1? £2? £10?£53.80? I hope the Cyan world leading management team are not poached by Apple for their special talents.
lwaxf13
25/7/2019
20:55
So whilst watching paint dry...hopefully quicker in this 36c weather :)

Round 2 of the "Guess when the RNS will be out" game - referring to commercial contract information.

India: 2nd week of August 2019
RoW: 3rd week of September 2019

Good luck all !

multibagger
25/7/2019
20:49
Hi tightfist,

Thanks for the context. BI has tied up with us for the purposes of securing Omnimesh and RF mesh/NB-IoT technology (as I understand it) as their current communication specification/product offer is PowerLine Communication (PLC). Apparently PLC is the standard communication technology in China and already the smart meter market there is considerably more mature than in most parts of the world - one of the benefits of a command economy as you put it.

BI is not planning to sell our tech in China, as far as I know.

However, BI wants to have a suite of communication technologies which it can call on to bid for contracts globally - this is where our IP comes in and what they are willing to pay us for. The manufacturing facility is in Bangladesh for some reason.

China's economic reach and influence is many parts of the world is far greater than what we enjoy. There was talk of places like Nepal, Kenya, Sri Lanka etc being in the frame as potential markets, but don't know if BI is pursuing them with vigour. Hence, BI could become a big global player in smart metering, given that they are a massive player in China already.

I get the impression that the next "white label" deal(s) will be structured differently with some money coming up front...lesson learned from the first deal, it would appear.

multibagger
25/7/2019
07:10
Hi, FYI the Investors Call recall is now available on the website. I think the key word is possibly "capability"..I have worked within multiple licence agreements in the past and the information, specifications, know-how, training etc to achieve the capability phase was quite valuable and recognised with multiple substantial milestone payments - I remember the delivery pressure! But I don't know if this is the structure of the first Cyan license agreement; I was just pondering about how they are going to RECOGNISE £6m total revenue in H2..After proving capability, it is surely worth noting that BI is an established meter player and that China is a command economy, hence roll-out might be more assured; no pauses for elections there!?.Cheers, tightfist
tightfist
25/7/2019
06:18
re post 698

I did not get the impression that BI was ramping up production...they are going to start production in the latter part of H2 2019. But unless BI have a ready offtake of the manufactured NIC cards from contracts that they have won and are ready to install, I am not sure we will see any money from BI this year.

I could be wrong of course as it just my interpretation of what was said and my take on things.

multibagger
25/7/2019
06:06
Good morning tightfist and all :)

Joined in on the Conference Call the other day and looks like we have bid / bidding/imminently bidding for contracts around 780k smart meters in India recently.

Based on what was said at the Investor Meet on 15th May 2019, it looks like we may have already well exceeded bidding for over 1m smart meters in India this financial year. Anil was hoping to land 1m smart meter orders this year (as opposed to revenue from 1m smart meters this year) - so we may be on course.

Any idea as to how long the typical bid process takes from announcement of tenders to award ? I guess the recent elections etc has prolonged the procurement cycle significantly, but should revert to norm in the near future.

Also energy sector changes that were announced in the recent Indian budget should speed things up.

Conference call - they sounded quite confident that £7m will be achieved this year and profitability in 2020. Contingency planning for funds through invoice financing, secured or non-secured loans seems prudent and though may be more expensive in the short term, a more palatable option than an equity raise in my view.

The "Opex model" raised by JC referring to the manufacture and leasing of smart meters over a 10 -15 year period in return for monthly payments (similar to the Secure Meters model in the UK) was interesting and a mechanism to break the current high initial / upfront costs for utilities/governments.

Looks like Cyan are talking to Macquarie amongst others....though these kind of discussions can take time as typically you are talking about the likes of Macquarie putting up £250-500m to finance the manufacture, installation and ongoing maintenance of equipment.I guess Macquarie will be looking at the uptake of smart metering and type of technology, before setting up a fund and £250-500m is relatively small beer for them, but they like the revenue stickiness, visibility and predictability of solid infrastructure project funding.

Now back to waiting for news.....

multibagger
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