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CYAN Cyanconnode Holdings Plc

8.30
0.00 (0.00%)
Last Updated: 08:00:00
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 Shares Traded Last Trade
  0.00 0.00% 8.30 34,767 08:00:00
Bid Price Offer Price High Price Low Price Open Price
8.20 8.40 8.30 8.30 8.30
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Electronic Components, Nec 11.73M -2.41M -0.0074 -11.22 26.86M
Last Trade Time Trade Type Trade Size Trade Price Currency
09:25:30 O 23,781 8.37 GBX

Cyanconnode (CYAN) Latest News

Cyanconnode (CYAN) Discussions and Chat

Cyanconnode (CYAN) Most Recent Trades

Trade Time Trade Price Trade Size Trade Value Trade Type
08:25:318.3723,7811,990.47O
07:41:418.378,000669.60O
07:03:358.372,986249.93O
2024-04-25 14:58:508.3022,0781,832.47O
2024-04-25 12:49:598.2020,0001,640.00O

Cyanconnode (CYAN) Top Chat Posts

Top Posts
Posted at 26/4/2024 09:20 by Cyanconnode Daily Update
Cyanconnode Holdings Plc is listed in the Electronic Components, Nec sector of the London Stock Exchange with ticker CYAN. The last closing price for Cyanconnode was 8.30p.
Cyanconnode currently has 323,664,064 shares in issue. The market capitalisation of Cyanconnode is £26,864,117.
Cyanconnode has a price to earnings ratio (PE ratio) of -11.22.
This morning CYAN shares opened at 8.30p
Posted at 25/4/2024 07:15 by multibagger
Good morning DTB and all :)

Possibly every investor/trader or "fence sitter" has a theory or hypothesis as to what CYAN corporate action may take place in light of recent announcements, if any at all.

No one knows for sure so it is all speculation IMHO. We all try to join the "dots" (announcements) in a way that makes sense to us given our own subjective perspectives and biases - I am not unique or any different in this regard.

I have called an "Uber Bull" with good reason and I am positively biased towards CYAN and make no bones about it and it may grate on some and the Filter button will silence me :)

There will always be people who "talk their book" depending on what the agenda is at that time and no one holds enough shares to move the market in the longer term. Short term share price volatility comes from poor liquidity and market sentiment and nothing to do with CYAN - in fact the recent results and performance were stellar !

I am a long term, high conviction investor and short term share price "noise" does not bother me nor does what I would consider justifiable dilution if it comes to getting a "smaller slice of a much bigger pie". I am pretty relaxed about these things though for some it seems to cause a severe anaphylactic reaction !

There are loads of ways to make excellent money in the market - though it takes time to figure out what works best for yourself.

So no confusion, vacillation or indecision in my mind....and leave the rest of the BB to it ! Any BB will have a range of views - some which confirm a particular viewpoint and others that challenge/oppose it.

You take your pick !! :)

Good luck all !
Posted at 17/4/2024 13:07 by the millipede
Agree Z1CO,

Worth looking at what has happened to the share price of YU Group over the past few years.

Not many AIM stocks have share price charts like YU because not many experience similar levels of revenue and profit growth.

Seems reasonable to think Cyan’s share price will react positively, even on AIM, if they deliver on revenue and profits.

BWDIK IMVHO
Posted at 17/4/2024 10:52 by derek ten bag
Morning ITT. Read your post on the other thread regarding what 'materially exceeding market expectations' might look like. You chose 3% and 10%, but for me to be impressed it would need to be nearer 20-25%, which would make a difference. It's hard to know quite what is going on with the share price, given what we know, but I just feel that we are not served very well by the AIM market at the moment, perhaps not helped by the global situation. Are we going to be a profitable enterprise when the results are announced? Will we get a seriously large SFA (and orders) from the big boys? If both of these can be answered in the affirmative then I think that would be transformative. If and when such news arrives and the share price moves up, it could move fast and, hopefully, far. Just my opinion of course. DYOR.
Posted at 16/4/2024 09:29 by inthetin
Hi DTB

It's not AIM that people should be looking at, it's the BoD and others close to them. What are they up to?

You've got Mr Tremendously Upbeat undermining his own 'bullishness' by selling on the same day as he's talking up Cyan, you've got Cronin telling the world that there's a concerning trend in DISCOMs opting for non-Cyan products and you've got today's really positive Trading Update being (rightly) lost, while the markets attempt to digest what's going on in the Middle East etc. It's almost as if the BoD want to bury today's good news. What was the rush to release the TU this week?

Have the BoD agreed to sell at a price and don't want the share price to do its thing and scupper their plans. I smell a rat and I suspect that the smell emanates from them.

GL

ITT
Posted at 29/1/2024 19:07 by nick the greek 1
To try and answer a few queries from earlier : -

1. JC average share price - I estimate it to be circa 15p - 20p. This could be substantially lower however in the event his options etc kick in with a takeover approach.

2. Would it make sense for a few more orders to be in place first before a takeover is launched - Yes, definitely in my book. The pipeline needs to more proven first for an acquirer to have complete faith going forward plus an acquisitor needs the share price a little higher from here to give the BoD little option but to recommend its offer as acceptable.

3. Management won't accept a "lowball" offer - this is complete rubbish in my opinion - JC will have to look at any offer on behalf of his BoD and his shareholders and make a decision based on what is best for the owners of the company ie the shareholders and then if necessary they will vote on it.

Therefore my guess is that a few more orders will be placed with us in the very near term (sorry!) and then an offer for the company will be made.

How on earth is JC going to be able to not recommend an offer of 100% premium to the previous days closing price after say a 100% rise on a couple more orders RNS,s beforehand!? Say 40p offer.

He would have to have an incredible defence to not accept something like that which he will not have imo.

My guess is therefore that a takeover will come in after a sequence of events similar to the below takes place: -

1. Another larger SFA is granted with Intellismart.
2. A new SFA will come in with someone like Genus or MonteCarlo.
3. 2 to 3 more 1 m size orders will come in.
4. The share price will rally to about 20p - 25p (previous highs).
5. A bid will be made very quickly (overnight) for circa £150 m/c for the Indian side of the business ie in the region of 40p.
6. BoD will recommend it.

JC will also then be given a non exec position on the acquirers BoD.

If you were one of the large Indian players would you let CyanConnode stay independent once it has a proven pipeline!?

Plus JC,s objective has always been to sell the company once it has reached a certain stage, its just taken a whole lot longer than he (or any of us) ever thought it would!
Posted at 11/1/2024 07:12 by multibagger
For the record !

RNS Number : 3137Z
CyanConnode Holdings PLC
11 January 2024

("CyanConnode" or the "Company")

Order For One Million Omnimesh Modules

CyanConnode Holdings plc (AIM: CYAN), a world leader in narrowband radio frequency (RF) mesh networks, is pleased to announce that its subsidiary, CyanConnode Pvt Ltd, has received an order from Montecarlo Limited (Montecarlo) for one million Omnimesh Modules, together with Advanced Metering Infrastructure, Standards-Based Hardware, Omnimesh Head-End Software, Perpetual License, and a Support and Maintenance Contract.

The order relates to a smart metering deployment in Nagpur, Maharashtra, with supply of Omnimesh Modules expected to commence within this quarter. The installation will be completed within 27 months and followed by a 93 month Support and Maintenance Contract, which will commence upon completion of the installation phase. Approximately 60% of the contract will be paid during the installation phase, against either (i) letters of credit or (ii) via a trade finance portal with 30-day payment terms. The remaining 40% of the contract will be paid for in equal monthly instalments over the duration of the Support and Maintenance Contract period.

John Cronin, Executive Chairman of CyanConnode, commented:

"I am pleased to announce this second significant order from Montecarlo, following our initial collaboration that began last year with the January 2023 order for a similar volume. This new contract for one million Omnimesh Modules is a testament to our standards-based, innovative technology and deep understanding of India's smart metering landscape. It also underscores the growing market acceptance and momentum for our products. This order significantly boosts our total Indian order book to 6.3 million units, with 3.9 million modules scheduled for delivery in accordance with the established project timelines."

Mr. Mrunal Patel, Joint MD of Montecarlo, commented:

"We are extremely pleased to continue our partnership with CyanConnode, building on our previous successful and ongoing collaboration in Madhya Pradesh. Our strong background in project implementation, coupled with CyanConnode's proven track record in smart metering communications infrastructure in India, instils confidence in the successful implementation of this project. I believe that our combined strengths will pave the way for further such opportunities and partnerships."
Posted at 05/1/2024 06:29 by multibagger
Good morning all :)

A warm welcome to a number of new posters over the last few days...

Some key points:

Market cap is about £ 31.3 million at 10.50p

2024 expected revenue is £16.3m
2025 expected revenue is about £35m

Board of Directors have decent skin in the game
Exec Chairman John Cronin has a track record of 5 exits with $600 million returned to share holders

CYAN Orders won in calendar year 2023 : About $24 million with 60% revenue to be recognised in 12-18 months.

CYAN currently has about 25% current market share in India and 40% contract win rate in Tenders with 25% volumes

Order pipeline in India : 5.3 million units = approx $74 million
Backlog yet to be delivered in India: 3.2 million units = approx $45 million

Currently bidding for about 178 million units in India - multiple shots at goal

Each unit (smart meter) is worth about £12.50 to CYAN over the typical ten year life of the contract.

Also already operating in Dubai, Abu Dhabi, Thailand, Sweden, Finland, Nigeria and India.

Acquisitions in the sector such as previously AIM listed Calisen and Smart Metering Systems have been at over 50% of share price premium

DoI: I am an optimist and an investor with very long investment horizons and decent sized positions in the companies I invest in.

I have been invested in CYAN since 2016.

Good luck all !
Posted at 04/1/2024 16:51 by multibagger
Good evening all :)

Good to see a fair bit of CYAN in the share price :)

Adani Energy has won about 20-24m smart meter contracts in India so far...and they have now entered into a 49/51% JV with Esyasoft. Esyasoft have bought a meter manufacturing factory from L+G....and Esyasoft have been involved in almost every project we have done in India and the Middle East as far as I am aware - providing HES and sometimes MDMS software.

Going by track record and strength of our relationship with Esyasoft, I reckon someone could be speculatively accumulating CYAN shares in the expectation that we could get a fair bit of the Adani Energy smart meter contracts in terms of our RF Mesh technology. That could partially explain the sudden interest in the last couple of days.

I am pretty sure that JC and the BoD who have significant skin in the game won't sell CYAN even if approached at these share price levels. Remember as per the latest CYAN investment slide (in the header) - winning 60m smart meter contracts would translate to about $1 Billion revenue over 10 years !

I still reckon that any takeover offers will only be looked at over the £1 share price mark !

Of course, I am biased !
Posted at 12/11/2023 07:37 by multibagger
Good morning all :)

Take a look at what news can do so Share Price with Plexus Holdings (POS), an oilfield services company listed on UK AIM as an example.

POS Share price was dredging along at around 2.6p before June 2023. Then a £5m contract was announced with revenues within a year or so and then this contract was upgraded to £8m in Aug 2023 - the share price is now about 20p+. A circa 8-10 bagger so far from early this year.

CYAN/We have announced contracts of worth around £4m from MENA (I reckon at USD 1.22/GBP) and about £2.25m from India announced in October 2023 alone.

So over £6 million worth of revenues in the next 12-18 months just from these 2 contracts. Not forgetting all the other contracts announced in this calendar year.

I leave people to research the same and draw their own conclusions but to me it confirms what I already know that the stock market is irrational, inefficient and sentiment driven - logic, rational thinking and sentiment will return at some point and this is where real money will be made by the astute and the patient.

We are going into Week 1 of the fortnight where I hope there will be further contract news on the back of the fundraising RNS statement.

Let's see and good luck all !
Posted at 08/11/2023 18:15 by chrysalis99
Because of the (possible) share price manipulation, the lack of existing shareholder inclusion and the now significant share price overhang at the warrant conversion price of 15p (which was the share price only a few months ago and was unsatisfactory then too). The management have been backwards in coming forwards with their wallets until given the chance to do so at a significant discount to mere existing shareholders (including the warrants).
Cyanconnode share price data is direct from the London Stock Exchange

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