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 0.0% 12.50 23 08:00:00
Bid Price Offer Price High Price Low Price Open Price
12.00 13.00 12.50 12.50 12.50
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Technology Hardware & Equipment 6.44 -2.73 -1.18 30
Last Trade Time Trade Type Trade Size Trade Price Currency
10:00:31 O 23 12.90 GBX

Cyanconnode (CYAN) Latest News

More Cyanconnode News
Cyanconnode Investors    Cyanconnode Takeover Rumours

Cyanconnode (CYAN) Discussions and Chat

Cyanconnode (CYAN) Most Recent Trades

Trade Time Trade Price Trade Size Trade Value Trade Type
View all Cyanconnode trades in real-time

Cyanconnode (CYAN) Top Chat Posts

Cyanconnode Daily Update: Cyanconnode Holdings Plc is listed in the Technology Hardware & Equipment sector of the London Stock Exchange with ticker CYAN. The last closing price for Cyanconnode was 12.50p.
Cyanconnode Holdings Plc has a 4 week average price of 11.75p and a 12 week average price of 11.75p.
The 1 year high share price is 29.25p while the 1 year low share price is currently 10.05p.
There are currently 236,309,035 shares in issue and the average daily traded volume is 446,427 shares. The market capitalisation of Cyanconnode Holdings Plc is £29,538,629.38.
bapodra_investments: My intention is not to scare or talk down as some often accuse me as they cannot read a chart or understand price action and how the price behaviour works on AIM listed shares. For those who are interested (those who are not then just ignore/filter me PLEASE) if you look at the 'daily' timeframe for CYAN you will see 11.48p and a possible floor to this decline but if that gets breached then you will see 10.46p as the next place where there could be stronger support which is backed by the buyers overpowering the sellers. My total downside risk is 9.68p - 9.33p where that small gap is. That could get filled anywhere in between that price zone. I am not saying the price will go down to the levels above with 100% certainty as no one knows but the above is my downside risk. If I was wrong and the price went below even my own downside risk at this moment in time then 5p - 9p would come into play. So what CYAN needs is a change of sentiment which I think is likely to be driven by positive/bullish news which includes significant revenue growth. I am not sure what else can change investor psychology and translate it into positive/bullish sentiment. That for me is the missing piece of the puzzle when it comes to CYAN. The market (not me or my posts on ADVFN) will drive the share price to which ever price zone it wants. For me I welcome it as it allows me to accumulate shares at much lower prices and I get more bang for my buck for when the real upside materialises in the future. Prices move up and down and anyone who thinks the share price cannot or should not go down is deluded and is most likely to be a very poor investor/trader. The tell is their anger/bitterness and unprofessionalism. It normally gives it away that they are sitting on losses because they tried to copy someone or followed a poster on ADFVN and have now got burnt.
bapodra_investments: CYAN's share price has gone below its 200 day moving average on the daily timeframe which is bearish and unless the price goes above 16p pretty sharpish then I think the likelihood is (no guarantees) that the price will slowly begin to move towards 10p. I personally do not have an issue with that as I would like to accumulate more shares in CYAN at lower prices as that will assist my exit strategy. What I do not want to see is a move below 10p and towards 5p as that would indicate 'Mean Reversion' occurring. That happens so often in AIM listed shares no matter how good the narrative or story behind the fundamentals of the company are. I have been investing in AIM listed companies for well over 20 years now and I have lost count how many times I have seen 'Mean Reversion' play out after a significant rise. I think what CYAN need is some really signifiant news which has a material impact on its future revenues as that could stop any 'slow death spiral' type of price behaviour. I will try and remain balanced regardless of the fact that I am invested in CYAN. When I have something positive to post I will and I have done so on many occasions but I will also post something bearish if I have a bearish view. The chart and price behaviour does not lie. If you look at since CYAN made its high it has been a slow spiral towards the current level and we do not yet know what the bottom is of this decline. My posting the above will not make any difference or impact on the share price as the market will take the share price to where ever it wants. We are merely passengers on that journey and how profitable our journey is based on when we entered that journey. So the first person on the bus just pays for themselves. The last person on the bus pays the fare for all the passengers who came on before them!
bapodra_investments: The chart looks bearish at the moment for CYAN. The share price action can often be disconnected from the fundamentals and performance of the company. I just think CYAN became overvalued based on its current earnings and even based on what its revenues would be say in 6 months into the future. I think 10p could be a critical price area that CYAN needs to hold and I would like to see strong buying at that level creating a solid support base but we shall see. In my experience if the market is going to take CYAN down towards 10p then there is nothing much we can do about it. I for one may scoop up some more shares if that happens. What was worrying was that the support around 14p did not hold so the buyers are being overpowered by the sellers right now. CYAN as a company has not changed as a result of the share price decline. CYAN is a high risk nano cap and must be viewed as a long term investment as this one is going to take longer to mature than one thinks.
bapodra_investments: miltibagger - Yes a great, positive and bullish RNS. Now the key is to see how CYAN's share price performs based on that RNS. I would like to see CYAN quantify any orders in revenue terms so investors/shareholders can better analyse the impact such orders will have rather than us having to try and work it out. That would be a better RNS for me. It is all about revenue growth for CYAN right now. Let's see where CYAN finishes COP today and how it does for the rest of the week. If there is no significant gain in the share price then we have to ask why?
bapodra_investments: SBP - I think it is important to be balanced and you make a valid point. If CYAN had delays in their revenues increasing or certain revenue that was factored in which did not come in then it will of course not only impact the TU but the share price and market cap which is looking around six months in the future. This is why revenue visibility is important and the Hardman et al reports are forecast assumptions (which are not worth the paper they are written on) but investors/shareholders need more firmer revenue details in terms of what is more certain to come in and I don't think CYAN are in a position right now to offer that hence why the share price has not risen like some would like. That could change in due course though so it is about being patient but accepting delays in tender decisions or even not winning as many as CYAN would like is the risk we face in CYAN.
multibagger: 12/05/2022 7:02am RNS Non-Regulatory CyanConnode Holdings PLC 12 May 2022 ("CyanConnode" or the "Company") Appointment of Saurabh Kumar as Adviser to CyanConnode CyanConnode Holdings plc (AIM: CYAN), a world leader in Narrowband Radio Frequency (RF) Smart Mesh Networks, is pleased to announce that it has appointed Saurabh Kumar as an adviser to the Company. Saurabh Kumar is an internationally recognised authority on designing and implementing scalable, replicable, and impactful business models for promoting energy efficiency. Mr Kumar is well known in the energy efficiency sector in India, having held senior roles such as Secretary of the Bureau of Energy Efficiency in the Union Ministry of Power and serving the United Nations in handling environmental issues for the Asia-Pacific region. In May 2013, he was appointed as Managing Director (MD) of Energy Efficiency Services Limited (EESL), an energy service company of the Government of India. Under his leadership, EESL implemented the globally-lauded Unnat Jyoti by Affordable LEDs for All (UJALA) programme and Street Light National Programme (SNLP). He served in the role of MD until August 2020, when he was appointed as Group Executive Vice Chairperson of EESL, a position he held until September 2021. As an adviser to CyanConnode, Mr Kumar will be working closely with the Board and senior management of the Company helping design business models and secure project finance for large scale smart prepaid metering projects in India. This all falls under the Government of India's advanced metering infrastructure (AMI) service provider (AMISP) model known as Design-Build Finance-Own-Operate-Transfer (DBFOOT) or Opex model. John Cronin, Executive Chairman of CyanConnode, commented : "I am delighted to have Saurabh on board at this exciting time for the Company. As the Indian smart metering market continues to scale up to deliver 250 million smart prepaid meters, large amounts of flexible funding and various different business models will be required to facilitate the roll out of large scale projects. I believe that having an adviser with Saurabh's knowledge and experience will prove to be invaluable for the Company." Saurabh Kumar commented : "I am pleased to be working with the CyanConnode team as India moves forward with its smart metering rollout. I have seen CyanConnode's technology and know that utilities in India will benefit significantly from implementing its solution. Indian distribution companies are looking for service level agreements (SLAs) of greater than 99.5% and CyanConnode has a proven system in the market today (achieving the SLA metric of 99.5%). I believe that CyanConnode is well-placed to secure a significant share of the Indian smart prepaid metering market." - Ends -
bapodra_investments: Good morning multibagger. First of all thank you for sharing the Hardman Report in the header and thanks for Bountyhunter as well. These reports are commissioned by the company so one has to be careful but I have to say when looking at the report, it is very encouraging indeed. Estimated revenues this year are around £9.3m which will be an increase from the previous year. This may well be reflected in the share price currently. What is interesting is the significant change in revenues in FY 23 and FY 24. Here things get really interesting and if CYAN deliver those sorts of revenues then CYAN will have a much higher share price which I think could go for 50p and I think £100m market cap is possible. Of course CYAN must deliver those revenues in the £20m range so investors really need to have patience and hold for at least the next two financial years if not longer for the bigger revenues and growth in the share price. I am extremely happy I accumulated more shares near the recent bottom of the decline. In hindsight I should have bought more shares but there you go. CYAN seems to be heading back to 20p and 25p where it will be faced with a little bit of resistance but nothing strong buying and momentum cannot deal with.
multibagger: Good morning BI and all :) Looks like we are likely to have revenues of £9.3m (as trailed) to March 2022 and next year hopefully a lot more ! CYAN showing "spirit" and doing relatively well share price wise despite sad and ongoing global events. Any contract news and we'll be off pretty sharpish. +2p yesterday on relatively small volumes....CYAN share price and "coiled spring" to mind :) Good luck all !
multibagger: Disappointing CYAN share price action in the short term no doubt, but an unexpected opportunity to add for those with a longer term horizon. Putin making life difficult for markets and overall sentiment. I shall be looking around for a few spare pennies, as I remain confident and I can be very patient when needed :) Good luck all !
bapodra_investments: For me CYAN's first step is to generate £10m annual revenues. If it can do this then I see no reason why any share price rise will not lead to a market cap of £100m. I think higher is possible but only once CYAN can demonstrate revenue increases year on year, the premium/multiple in the share price/market cap will follow suit. If you look at the 'daily' timeframe for CYAN then you will see the share price is trading above its 200 day moving average which is around the 14p price level. That is the downside risk for CYAN. Currently it is on the 100 DMA. The 20 DMA is around 19.87 and 50 DMA 22.04. Once those prices are breached the next signifiant move will materialise. I am a stickler for moving averages and though the 100 and 200 DMA's on the daily timeframe are showing sloping curves upwards the 50 and 20 are sloping downwards. So what does this mean? It means the longer term trend in CYAN is still in tact and bullish but shorter term CYAN's share price is bearish. Once we begin to see see all four of those moving averages curves begin sloping upwards and in the correct sequencing with 200 DMA being at the bottom, and above it, 100 DMA, above that 50 DMA and 20 DMA at the top, GAME ON.
Cyanconnode share price data is direct from the London Stock Exchange
ADVFN Advertorial
Your Recent History
Register now to watch these stocks streaming on the ADVFN Monitor.

Monitor lets you view up to 110 of your favourite stocks at once and is completely free to use.

By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions

P: V: D:20220706 12:17:02