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Hi Tony. I doubt JC has a clue and I hope he's not going to release anything or we could be back to 2p lol. The old election excuse has been used numerous times as has the "inflection point" Once more I will suggest the words lifestyle...company ....JC . Join the dots. Have a good weekend.
Hello ITT/jake. For a small company this is decidedly a cash intense industry. There definitely needs to be a lot more information coming forward from P.R. I understand the need for secrecy in early stages but if we are supposed to be a leader then it is necessary to show we are. To say we have achieved good sized contracts with various new and existing Utilities would be a good starting point. If India has ground to a halt for elections then say so. When companies get bigger you expect a rise and fall of SP with profit taking. In our case the BOD does not shore up falls quick enough with information, this leads to speculation. We got a good price for our Modules from Genus in the past and good turnover, so what is situation now, we need graphs or Bench output shown to stabilise SP. Seeing current situation and thinking we will still get good results I should imagine JC is putting together a presentation to show work in the field and a map of where CC is standing, it is election time. DYOR
Me as well ITT. He won't though as history has shown. Any other CEO would no doubt attempted to stop the slide , why hasn't JC? Like you I have my suspicions.
The company's executive chairman (JC) needs to explain to shareholders why he released his SP damaging article on 15/03/2024. Since its release (3 weeks ago), the SP has dropped 25% (yes, 25%).
I have my suspicions as to why he did but will keep them to myself.
Why would I pull out when it owes me nothing Tony? The fact still remains the BOD talkSs a good game,however as I have said many times ...talk is cheap, money buys houses. You may also be surprised to know I have arrived at my risk averse position without the benefit of free shares ,share options, inflated pay etc for non delivery for heaven know how many years.
Jake, there may be some that are closer than others. However I think the problem that some see is that there is still an element of knocking, wny not just pull out. Most would if they did not see a good outcome. Instead you tell us you have played the game so cool that you have never made a loss with CC. Most of us over time have struck bottom but then average out on a severe Bottom buy. JC made a bold move when he went from semi-conductors and possibly regretted it, however as arduous as this waiting game has been we are still more than likely on the brink of profit. May be an idea for you to pull out now, still a gamble although good, 50p plus or another long haul. Apart from maybe JC making in my opinion a misguided comment reCellular I feel not much has changed. DYOR
Amazing how long some have been banging on about this coming good..... next month.... next quarter.... next year...... absolutely laughable....... then again a broken clock is right twice a day.
I have wondered for some time whether there are particular posters on here (and the other board) that are involved with CC closer than we may think. The rose tints are becoming increasingly brighter.
ITT, I thought we were talking Zeus up a few months back. I agree that CC should also consider additional listing, say India where Smart probably gets more attention. I think the next 2 quarters will see results. RF is predominant in some areas, not in others, and mixed in others. I still believe we will get 20-25% of overally 250m. So depending on earnings could get £600m to 1bn gross. Even with the increase of shares I should have thought an SP of 200p. DYOR
Zeus don't know what's going to happen over the coming quarters. Their GUESS is no better than anyone else's.
All we know for sure is that Heather needs to get the accounts for the Y/E 31/03/2024 prepared and released by 30/09/2024.
I'm anticipating another six months of nothing on the news front. Let's see who gets closest - Zeus or me.
Sorry, should read " ...... over the coming quarters ..... "
LTI.
Good morning Vas,
In reply to your post on 3rd April 2024, at 21:31, I believe you are correct, in my opinion, in your observation about the " ..... lack of smart meter news ..... " and " If I am right , this is going to reduce news-flow to Cyan and other Indian sub-contractors and from Cyan to us also."
I would say that is a reasonable position to have.
But I am encouragingly optimistic that as pointed out in the latest Zeus report, published on 2nd April, 2024, that " We expect these large numbers of sanctioned and awarded meters to lead to significant sub-contracts for CyanConnode over the coming quarters, supported by its high win-ratio in India of approximately 25% by volume."
So maybe not long to wait " .... over the coming quartes ........ "
Good Luck Vas and all.
LTI.
It'll 'rocket' 10 or 15%, then settle below the news release SP when the market realise JC has no idea what the company have said and corrective RNS's are issued. In between there will be multiple 'well done to all concerned' posts on here, which always adds the the amusement.
Oh, that's OK then.
..this will rocket on news.
Over the years I have made it my business to converse with people, in the Smart Comms sector, in India. Back in the day tonyj would refer to them as my 'village people'. That was all mildly amusing, but I was at the time trying to educate some on here. Anyways, I have been adding to those contact numbers over the years, and can say that confirmed people in the field, some very senior now, have still never heard of CyanConnode. I would put it at 1 in 50.
Hi tonyj
""CyanConnode provides end-to-end communications modules and platforms that connect smart meters to a utility's billing system. THE COMPANY IS A MARKET LEADER IN INDIA."
If that statement is anywhere near the truth, WTF is the share price doing at 8p and thereby the company's market cap at £25m?
It had a market cap of £65m back in late 2021, you know, when some family members cashed in. What great timing. Boy, do I wish that I'd had that 'foresight' and done the same thing and moved on.
Well I don't so much ITT. It is normally Colour etc who queries validity of entries.
Why does being a shareholder in this company always make you feel like you are the victim of a scam?
That is a good idea ITT. Are these publications independent or paid for by companies.
Zeus says:-
"CyanConnode provides end-to-end communications modules and platforms that connect smart meters to a utility's billing system. The company is a market leader in India."
How come Zeus is comfortable saying this yet Cyan never, ever gets a mention in Investor's Chronicle, Shares Magazine or anywhere else for that matter?
If Cyan is a market leader, why won't those publications touch them with a barge pole?
There has to be a reason and I'd really like to know what it is. I guess that I'll have to ask them. I'll let you know what they say.
ITT
SP has 12 months to increase by 100%+ for the 15p warrants to be worth the paper that they are written on.
Can't see it happening.
Another red herring.
Jake, not as simple as that I would think. There may be a bit of politics going on but I cant see the logic. We have gone pretty low again on SP and now is possibly a good time to buy as apart fromthe Cellular comment nothing much has changed. DYOR
They laugh and keep taking the cash....
Perhaps the India elections can be blamed for the lack of Cyan news from there but what about the RoW ?
Zilch from anywhere else in the world in the last 6 months is totally ridiculous/unacceptable for the self-proclaimed world leader in narrowband RF mesh networks. What do they do all day?
I really cant believe the lack of smart meter news, i have no evidence but to me it seems that there is a media blackout on smart meter news as in past deals between political party's and energy have been done to secure votes....before Xmas there was new news and analyses every day. Now , nothing.
If i am right then this is going to reduce news flow to Cyan and other Indian subcontractors , and from Cyan to us also.
Anyone buying down here in the past three years would have done well if they had traded the share at 16, or even 24p and that was without the awaited humongous 250 m smart meter award in India about to take place ...., so if we take the most basic investing rule into account - I guess now is the time to buy low , and later is a time to sell higher...and then its just a case of how successful CC are, and how much higher the sp goes.....and for balance whether we ever , ever get anymore further news at all.