Cyanconnode Share Discussion Threads

[multibagger] 17/12/2019 15:54

SBP thanks and agree - to me it is about riding out this awful share price storm and hope that CYAN have enough funds to see us through.

[multibagger] 17/12/2019 15:53

Here's me speculating again...why aren't the Directors buying given the dismal share price ?

We are led to believe from the Arden Research Note that there are 3 or 4 contracts that we have ostensibly won and (with 1 of that tranche being announced yesterday) and the quantum is circa $15m. So this can't be the reason for a closed period.

Also the end of financial year has been moved back to end Mar 2020 - so that can't be the reason for a closed period either.

This is the speculative element - Are there are some ROW contracts that are pretty close to contract awards and therefore forcing the BoD into a closed period ? Idle speculation on my part, as if the contract prospects are so good, the BoD would be desperate to buy surely ?

I would imagine that the likes of DJ-P could chip in with another £150k and take another 10m shares.

There seem to be some posts on the other thread from ColourBounce (who is generally cynical and pessimistic about CYAN) - I seem to detect a faint hint that he/she now possibly appears convinced that the LOI announced yesterday was an actual order.

Still can't believe such a large order did not lead to a bounce, but on the contrary led to a 9.33% drop yesterday and a further 10% today :(

[stupidboypike] 17/12/2019 11:46

mulibagger, I've been here years too, small investment. FWIW I still buy the story, but it is going to take a LONG time after any good news for the share price to turn. Trust in this share (with good reason) is around zero.

Best regards

SBP

[the bull] 17/12/2019 09:50

If this company was any good, it would be bought out by now, shut it down so we can use the loss against future GGT. I am not going to pay £11 to sell it when my stake is only around £20 lol, what a dog stock

[lwaxf13] 17/12/2019 06:58

I hope they have enough room left in the Letters of intent drawer to put this new letter of intent away safely. We wouldn’t want to lose any of our important letters. French letters might be worth more than a cyan letter of intent :-)

[multibagger] 16/12/2019 20:44

realist1950,

I still buy the CYAN story in India and the potential, though my timings in CYAN investments and top ups have been dreadful - but only paper losses to me at this time ! On reflection, I have grossly under estimated the political risks and delays involved in such an ambitious and expensive rollout in a developing country. Lesson learned.

Anil will deliver - of that I am confident.

The communications from CYAN have not helped either - they specialise in shooting themselves in both feet, repeatedly, once every quarter with a shotgun and are blissfully unaware that they are bleeding !

However, I am confident enough to trust my own financial judgements which have served me very well over several decades - being a contrarian can be lonely place and not comfortable for many. I don't need a chorus of cheerleaders or take comfort from the herd.

Each to his/her own motivations for investing, risk appetite and staying power to think longer term.

Pray do tell why you still post here, if you have been wise enough to have sold ?

[realist1950] 16/12/2019 20:38

Still only one page hit from India in over two years multibagger.

[multibagger] 16/12/2019 20:17

$25 is what CYAN technology (hardware and software) was projected to get from each smart meter over the period of 5 years or so in India. CYAN are likely to have different markups/pricing structures in other countries.

The overall smart meter costs in India (smart meter + communication module etc) would be way higher than $25 - but this larger overall figure is not relevant to our revenues or bottomline.

Once smart meter rollouts happen with large volumes, it is likely that our customers/partners will expect volume discounts from us, as in any other business.

But at this time, our margins are very good to say the least.

[knowing] 16/12/2019 19:37

If you can buy a smart meter for $25 even in volume then my name is David Dimblby. You would be hard pushed even to get an RF module at cost at that level even when selling in the millions.

[realist1950] 16/12/2019 18:50

You seem completely unable to acknowledge the reality here.

This despite yourself having been shafted all the way down.

It's astonishing.

Enjoy your echo chamber.

[realist1950] 16/12/2019 18:46

It's not even a contract, it's a letter of intent.

The fact you're puzzled by the markets reaction to this dross beggars belief.

This company has seen shareholders royally shafted for over 15 years (despite people like you encouraging people to buy in at every opportunity).

Looks as though people are finally growing wise.

[multibagger] 16/12/2019 18:30

Another totally puzzling day for CYAN - beggars belief

1.Boris bounce lifting the market in general

2.A circa $3.55m contract (my guess) which is about the same as our current market cap is announced and our share price closes about 10% lower ?

3. Not forgetting that this is the first of a tranche of (ostensibly one of the 3 or 4 contracts awarded) but not yet announced.

Just shows that the credibility of the company has been frittered away steadily and sadly with the share price keeping pace.

And there I was thinking we could be climbing back towards 2.75p-3p today - surely I must have been sold a pair of CYAN tinted glasses, instead of the rose tinted ones !!

[realist1950] 16/12/2019 14:37

No way.

No more excuses.

It's your CEO's choice to be there afterall.

Promises were being made donkey's years ago.

And I don't even need to remind you of the salaries.

[tightfist] 16/12/2019 14:13

If this was Bangladesh, Iran, Ukraine, etc I would an ultra-sceptic too. Maybe you have seen this state of affairs with Indian opportunities too - for me they are gradually working their way in conjunction with their indigenous Phase 1 partners into the Indian market - but, like all things Indian, it is taking an age when the world outside progresses and expects a far faster pace......

[smithless] 16/12/2019 13:32

Generally, Letters of Intent are not worth the paper they are written on. In Cyan's case, they are used toilet paper. Pass events are usually a good indicator of future ones,

[tomboyb] 16/12/2019 12:16

Best way on AIM is to short virtually everything if your broker allows -

I don't short companies on principal but it is food for thought -

[realist1950] 16/12/2019 12:02

J*sus wept multibagger.

How wrong can you be here?

Even your speculation about Friday's trading activity proves to be complete BS.

If you're hanging your coat on a small LOI you really must be utterly deluded.

And you must know that you 25$ per meter is now likely to be very wide of the mark.....if it EVER was a reliable figure.

It's impossible to say what this LOI might one day be worth, if anything.

[kilijarslan] 16/12/2019 11:59

Company stated in October RNS it has "sufficient cash resources to execute on its strategy"Meaning no placing required

[realist1950] 16/12/2019 11:49

Those new to Cyan rushing in to buy on the back of a LOI, without any firm figures, on a long / future payment plan at a company that is 1) running out of cash and 2) has consistently failed to deliver meaningful revenue from a plethora of past contracts.

Hmm.


All in my opinion. ADYOR. All without prejudice.

[realist1950] 16/12/2019 11:44

Anyone who has been around CYAN for any length of time will be all too familiar with RNS' like todays.

WATCH THE BIRDY!

New LOI and contracts replacing old whilst the focus and attention of shareholders is constantly switched.

Today's announcement seems to be like so many that have come before.......and we know what happened to those!!

Doesn't look at all substantial and once again a lack of figures.

No down payment it would seem.......and all somewhat hazy and 'ephemeral'.

I now completely discount any contract win or LOI at CYAN until the money actually hits the bank.

End of year accounts prove that this rarely happens, at least in any meaningful quantity.

All in my opinion. ADYOR. All without prejudice.

[realist1950] 16/12/2019 11:36

LOL! I take it this is a mixture of irony and sarcasm, Orange1?

(I ask because we do have so many fools popping up and commenting on CYAN that one really doesn't know these days!)



Orange116 Dec '19 - 08:51 - 3413 of 3413
0 1 0
To be fair, it is quite cunning of them to limit sales orders to the bare minimum. The lower the amount of sales orders the greater the scope to cut operating costs.

[orange1] 16/12/2019 08:51

To be fair, it is quite cunning of them to limit sales orders to the bare minimum. The lower the amount of sales orders the greater the scope to cut operating costs.

[multibagger] 16/12/2019 08:10

Hi tighfist,

The per smart meter contract value due to CYAN was based on conversations from the Investor evening last year. Don't know if it still holds ?
I think that the AMC, software etc which was usually over a 5 year period, appears to now be 7 years. So I think this is where the softening in margins is.

Let's see what the market makes of it....