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Good morning all,
As I have commented on before, a Placing for expansion, is far better than a Placing for survival. CyanConnode are in a different position now-days. The out-look is different and the potential of the Company, is far greater.
This proposed new entity in the United Arab Emirates, could open up many different avenues of business, for CyanConnode, with existing and new Partners.
Enjoy the journey and Good Luck all.
LTI.
Remember, BoD hold a lot of stock.
Also consider M&A.
Cyan is growing very rapidly & will attract attention for a buyout, especially at this price.
Another form of insider trading.
"appointment of joint broker"
For me this points to one thing....... a large placing, question is at what price. Would explain why the SP has been dropping.
Good evening Vas,
I agree. It always pays to have a plan B, where/when possible. And the attendee's seem to be making the most of their opportunities, with being able to " .... schedule online or face-face-meetings .... " at short notice.
Alfanar and EDMI are also Partners of CyanConnode and are/were exhibiting at the event. But Genus Innovation Ltd are, I would think, part of the larger Genus Group. But no doubt, hopefully, they will exchange e/mails when the event is done.
Good Luck Vas and all.
LTI.
I also read that Genus, very shortly after the announcement was made opened up a hotel , inviting guests to come and speak to them there.
Always have a contingency plan in your back pocket, i guess. GL Vas
...... event seems to be soldiering on:-
http://twitter.com/meenergydubai/status/1780611241267892638
Good Luck all.
LTI.
Hi tony .....genus share price up about 30% ..... ..connection ..
Interesting observations, my take is that we have had these ups and downs so many times in the past that it will take some budging to get SP moving. JC is showing a lot of confidence and bearing in mind his responsibilities as CEO I feel there is good news to follow shortly. Money comes into everything but I think CC has proved itself regarding quality, installation and SLA. I would like an update on MYSORE (yes Colour); their Utility CFO was very supportive in his praises, I don't know if LTI could possibly rake that out, they were making money from the word go. I would be good if JC could make an whole documentary on how the installation has fared, how Feeders have dealt with the new setup, how expansion has progressed, reliability, Utilities profts and what Utility thinks of show so far. That could go a long way to convincing stragglers of CC benefits. DYOR
Wonder if Mr very upbeat has bought his shares back yet?
It can only be the falling margins. Hitting revenue expectations won't cut it with the huge overheads now in place.
It feels like the SP is being held back for whatever reason, I bought a lot of shares a week or so ago and the SP didn't budge
What might revenue materially exceeding market expectations look like?
Current expectation = £16.3m
Exceed by 3% = £16.8m
Exceed by 10% = £17.9m
What is going on here? Why is the SP still less than 9p?
Yesterday's RNS should definitely have been a trigger for a rise but others appear to know something that JC has not yet told the market. How is that right?
How to create a mosquito heaven ....mosquito .. camel ....mers....
Looks like someone overdid it. They were not going to let a few clouds go by.
It's a bit of rain made worse by cloud seeding and lack of proper drainage. Everything will be fine.
Good morning all,
It looks as though there has been some disruption to the Middle East Energy 2024 Exhibition. A quite severe down-pour from the reports.
We hope all is well for those that tried to attend.
LTI
...... Dubai flooding: Fierce storm lashes United Arab Emirate as flights diverted.
http://twitter.com/meeenergydubai/status/1780459634077122695
http://bbc.co.uk/news/world-middle-east-68831408
LTI.
I expect CC have been given some sort of encouragement to set up there but regardless, I view this as a very positive move and a necessary one if they are serious about doing business in that region
And Esyasoft is based in the UAE !
I thought it interesting that Cyan are in the process of forming n entity in UAE.
Together with last Fridays news that Adanai and Esyasoft have shareholder approval for a joint venture where Adanai to take 49% and Esyasoft to take 51% in "Adani Esyasoft Smart Solutions".
ttps://www.business-standard.com/markets/capital-market-news/adani-ent-arm-to-acquire-49-stake-in-adani-esyasoft-smart-solutions-124041300386_1.html
Is it just coincidence that Cyan are partnering with both Adani and Esyasoft in India and possibly the MENA regions.
Weather issues ????
Today, we have made the incredibly difficult decision to cancel Middle East Energy 2024 in its entirety. Please check the website for a full statement later today. Visitors, exhibitors and contractors should not make their way to the venue at this time.
I'm guessing team CC have been there all week anyway.
Thanks LT,
I think this is one of the best days we have had on here for some time, and i do not mean the sp reaction - but just in confidence shown in meeting and exceeding forecasts going forward.
Makes me more confident that Cyan's major partners remain, and will play a big part of Cyans growth.
GL LT and thanks.