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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.
Looks like some buying
Wonder if Zeus know anything about CC's % Gross Margin going through the floor yet.
...... from the beginning of the Zeus report:-
" This month we screen for tech companies with the highest EBIT growth. Calnex, Xaar, CyanConnode and Corero Networks Security, offer the potential for 2025 EBIT to 24x, 7.3x, 2.5x and 1.6x, respectively. Among these, we highlight Corero Network Security, for its high revenue growth, operating leverage and cash conversion and CyanConnode for its high revenue growth and attractive valuation. We review sector performance as well as best and worst price performers further below."
The last paragraph from the report gives some more information and discloses the reasons for the Zeus Monthly Sector Update:-
" Worst price performance:- CyanConnode ( -27% ) and Calnex ( -26% ) did not have any news-flow in the month and their shares remained illiquid. CMI. Micrisystems ( -24% ) disclosed that core shipments were lower than previously expected due to extended de-stocking in the sector. Ensilica ( -19% ) raised £1.1m at a significant price discount at the end of February. Smarttech247 ( -18% ) shares fell from a recent high at the beginning of the month."
So the Zeus small-cap technology sector update seems to put the recent drop in the CyanConnode share-price down to CyanConnode " ...... did not have any news-flow in the month and their shares remained illiquid."
Not forgetting of course, it is the end of the Financial Year when some investors move their money around, which can make it an ideal buying opportunity for others. So let's hope that the CyanConnode " news-flow " situation is a bit more cheerful, over the coming days/weeks/month's.
Good Luck all.
LTI.
Hi ITT.
If you expect honesty and transparency from this lot you will have a long wait.
With all the promises of jam tomorrow its certainly not reflected by the share price. A 27% drop doesn't lie. I fear something bad is about to hit but it won't hurt this joke of a BOD you can be sure. The most worrying thing is they seem unable or unwilling to manage the substantial drop in the SP. The word incompetence springs to mind.
Why not be consistent and stick to the same reporting dates when it comes to their estimates? It's fudge after fudge.
What's wrong with a bit of honesty/transparency?
When I say 'they', I mean Zeus.
Am I correct in saying that they have shifted their reporting dates from say 31/03/2024 & 31/03/2025 to 31/12/2024 & 31/12/2025?