Hi LTI
Thanks - missed that bit. Very encouraging.
Tonyj, not sure that that tweet had been posted before. Perhaps you are thinking of this one:-
https://twitter.com/CyanConnode_Ind/status/1610875551753043969/photo/1
Cheers
ITT
Another new chap hired in India:-
https://twitter.com/CyanConnode_Ind
Hi tonyj
Not really because we're not even back to where we were 12 months ago yet. Another year of my life ticked off.
You can't help feeling that the journey has hardly started.
It would be nice to push through this resistance at this 18p odd mark and then see what happens.
It'll come in due course, I'm pretty sure.
Cheers
ITT
Hi jakeandelwood
Thanks - you could be proved right re your timescales.
As long as substantial sales come at some point during my lifetime, I'll be content.
It does finally feel like we are pointing in the right direction and long may that continue.
Cheers
ITT
Hi jakeandelwood
This is the sort of thing that DTB was alluding to in his post on ADVFN earlier:-
"Doesn't time pass slowly when there's nowt happening. But here's a question. There are several companies involved in each order, CC being just one of them. When an order is announced do they all announce at the same time or is it possible that some announce before the others? I had the impression that one of our recent orders was already up and running by the time of our RNS. In which case.....maybe the info is out there just waiting to be discovered. Just asking."
"The main meter manufacturer partners in India are currently Schneider Electric, Genus Power Infrastructures and HPL."
Page 5 - https://cyanconnode.com/wp-content/uploads/2021/05/210504-Hardman-CyanConnode-The-smart-in-smart-cities.pdf
Thanks jakeandelwood.
Hi LTI
No problem whatsoever - I hope that you enjoyed your night out.
I'm looking forward the company releasing a steady flow of good news over the next 12 months or so, which should help to gradually push the SP to new highs and a market cap that properly reflects the company and its place in the sector.
GL
ITT
Hi LTI
Thanks for the links.
Everything appears to be pointing to 26p - 27p territory for starters. That would take us back to our highest market cap to date, being £64M (November/December 2021) - a nice 50% increase for anyone jumping on board now, if it were to happen.
A current market cap of £39M seems ridiculously low to me for a company that is beginning to make a habit of winning substantial orders; long may that continue.
Over 10 years ago, JC said Cyan had the potential to be a £200M company. Add in inflation and you'd now get to £250M-£300M - might JC eventually be proved right?
Fingers crossed that he gets close.
Cheers
ITT
Hi jakeandelwood
In the past I would have tended to agree but, over Christmas, I had a chat with my lad who works in this company valuation world and he helped me to see these forecasts in a different light.
Cheers
ITT
A little surprised that the SP isn't in the 18p-19p range, instead of the 15p-16p range. Down to the current state of the tech market I guess.
12% is still better than a poke in the eye with a sharp stick.
"CyanConnode also believes that the recently announced Revamped Distribution Sector Scheme ( RDSS ) WILL (not could or might but WILL) result in more contracts being awarded to the Company in the near future."
Tres confiant.