target price 35p three months and to double end of 2006 and treble end of 2007
only floated dec 05

cannot post full article for obvious reasons but good news flow expected in
next few weeks/months

got in today they have good recent record of 20-30% in few months and give regular updates and exposure

certianly one to watch and plenty of buyers today

some momentume now has it had a mention anywhere ????

some momentume now has it had a mention anywhere ????

from uk-analyst.com plenty of buyers today but not much price movement?

Buy Cyan Holdings at 25.25p
Says Luke Heron of Watshot.com
Based near Cambridge, Cyan was established 3 years ago by CEO Dr Paul Johnson to snap up the intellectual property, licences and agreements necessary to go ahead with the manufacture, distribution, sale and support of the company's eCOG1 product. In January 2004, Cyan raised circa 1 million pounds of new funding, which was later followed by a fundraising netting a further 2.2 million pounds in May of this year and a further 3.25 million pounds last month at 22p. Concurrently, the company appointed various distributors, began product evaluation sales and won its first design wins. What lies ahead now is a potentially massive ramp up in sales and revenues.

The value of investments can go down as well as up. Investing in equities can lose you part or all of your capital. Smaller company shares can be relatively illiquid and thus hard to trade. And that makes such investments more of a high risk than larger company shares. Watshot.com is owned by t1ps.com Ltd which is authorised and regulated by the FSA and can be contacted at 49 Rivington St, London EC2A 3QB or on 0207 033 9389

So what, prey tell....

Cyan is a fabless semiconductor company that designs, sells and supports a range of 16-bit and 32-bit microcontroller chips. Alongside these chips, the company has developed a revolutionary software tool for chip integration into customer's products, which itself allows a vastly more simple, quick and reliable alternative to existing systems, preventing the need for weeks in development time & cost. On a conservative basis, a well-informed brokers note prepared by Collins Stewart for institutional investors has forecast that Cyan could capture 1% of the microcontroller market by 2010.

Before we all get lost in the myriad of technological detail in my latest pearls, some basics are required. Microcontroller chips are general-purpose digital semiconductors used in almost all electronic products. A microcontroller is essentially a computeron-a-chip used to control electronic devices and contains all the memory and I/O interfaces it needs on board. They are the vast majority of all processor chips sold.




The group's first product, the 16-bit eCOG1k microcontroller, has already been successfully completed, has a patented core and has a number of customers in production. Crucially, and this is where it begins to get really interesting, an independent report produced by Innotec found that eCOG chips offered more memory, processed faster and offered better real-world power consumption than the market-leading Texas Instruments range. Now make no mistake, just because Cyan has a kick-arse product, doesn't necessarily mean it is going to kick Texas Instrument's butt, however it is a great start. The seductive power that Cyan has over its potential customer base is its revolutionary CyanIDE development software, which ingeniously, is offered free of charge with their chips. The CyanIDE product essentially allows the customer's software engineer the ability to configure the microcontroller graphically by drag and drop and click in as little as a few hours. This is an attractive option for a process that with any other product would take several weeks of programming and development time.

You can obviously understand that with a product of this nature, distribution is key. Thankfully, whilst the buffoons on the management team may be useless when it comes to conversing with top tipsters; it pains me to admit that these chaps know their market and their product. Furthermore, I am pleased to say that Cyan is currently focussing its efforts on technical distributors to market their products. This gives the company a scalable cost base whilst also allowing it access to a very wide range of potential customers, reducing time to market and a broader spread of risk.

Cyan is a business that has secured a remarkable 75 design wins, a level of success which is simply unmatched by any other company at its stage of development. In short, it is virtually unprecedented for a semiconductor company at such an early stage of development. You don't need to take it from your resident tipster however, the Innotec Experts Report also states "At this stage of development of the company, this is a very good order book."

As the manufacturing, assembly, testing and shipping of the chips are each completely outsourced, the requirement for manufacturing fixed assets and stock is virtually eliminated. This allows Cyan to enjoy very low capital insensity. As the route to market is via technical distributors, as is the case in the electronic devices market, Cyan does not have to develop its own extensive sales network, but yet it still gains access to the world's key electronic-product design & manufacturing companies.

Management

Indeed, the company clearly benefits from a team with extensive knowledge and experience of the entire electronics value chain. Both CEO Paul Johnson and the sales director, Paul Barwick have been involved for many years with research, development, manufacture, sales, marketing and distribution in this sector. Having founded one of the initial Cambridge companies involved in personal computing in the early 1980s, Johnson is a man that is used to moving ahead of the pack. He is very highly regarded indeed in his industry and is widely regarded as a prolific innovator with commercial awareness. Paul Berwick, is the perfect choice for sales director at Cyan, having worked in the electronics sector all his working life. Berwick has considerable experience in building up sales having led teams at both Jermyn Electronics and latterly at Hawke Components. Former GEC technical and managing director, Prof Michael Hughes heads the board as chairman.

Numbers and a conclusion......

By 2008, and on conservative assumptions, I have been presented with a highly plausible case that would see EBIT of 6.5 million pounds, producing earnings of 7.4p per share. For a company that has netted the number of design wins as this one, this shouldn't prove a problem. Neither Collins Stewart nor Innotec seems to think so in any case. Anyway, in the meantime, we can expect losses somewhere of the order of 2.588 million pounds on sales of 1.856 million pounds. Collins Stewart is going for a profit in 2007 of 613,000 pounds at the pre-tax level on revenues of 10.58 million pounds. Quite some jump, but at this stage of the company's growth story, it is eminently achievable.

The numbers are not solely what will take this share higher however. Indeed, if they were, I fear it might be quite some time until we got some action. Neither is the scoop published a few weeks ago regarding the major product launch next month, though that will clearly help in my opinion. It is a combination of its technologically advanced status, its high quality product that cuts weeks of development time down to hours, it is the inevitable design wins that will make their way onto the newswire, it is the potential for new products in the pipeline and also the very potential that lies in an undiscovered and undervalued situation in a sexy sector that I believe will explode in interest over the coming months. The total microcontroller market in 2005 is thought to have been worth some $13.7 billion, up 12% on 2004. Indeed, the market has a long history of growth having grown at a compound rate of 9% a year since 1990!.

I concede that the marketplace for microcontrollers is very competitive and that Cyan's products will compete directly with some of Texas Instruments, as well as those of the other major players' products. However, Cyan's product offers more flash memory, processes faster and has lower real power consumption versus competing microcontrollers so are likely to be able to compete successfully in market niches where high performance and high-specification are critical. It is Cyan's technological advantage and the very fact that this cannot remain hidden from investors indefinitely that will excite the punters. Ultimately, in the very long term, whether Cyan becomes a true, big player is irrelevant as it is the dream of it in the months that follow that will dictate the direction. At this moment in time, there is no risk of this dream dying with a kick-arse set of technologies, cash of some 4.6 million pounds and an unrivalled number of design wins for a company of its size.

At 25.25p, the stance is "buy".

Key Data

EPIC: CYAN
Price: 24.5 - 26p
Market : AIM

Luke Heron edits the small cap share trading site www.Watshot.com. It costs as little as 73 pounds a year to access tips from Luke Heron on the site. For more details click here.

still not reacting to the split of buys/sells fell as though talking to myself ??

results out 21st fingers crossed

The Business

SEMICONDUCTOR designer Cyan Holdings is an undiscovered and undervalued gem at 16p as it looks to replicate the success of giants such as Texas Instruments, CSR and Wolfson with its market-leading microcontroller chips.

KD.

AIM Investor: Buy Cyan Holdings at 17p

KD.

This stock received much excitement when launched and for some there was a peak to 30p. However, if you ignore this, the trend has been gently south from launch.
So I think "Confident" may be right..."What's different this time...?" - and it seems, not a lot.
A couple of points mentioned here should not go unnoticed:
1) -"...They are fabless therefore less capital..." .is perfectly true....that's why Semiconductor firms use specialists...it is the Norn to be Fabless, IMHO.
Even die-testing equipment is very specialised.
2) "Market-leading" - well, blow me! So the whole Market is trying to catch Cyan in England? I don't think so, it's true that CYAN is specialising in "high-end" devices......but I doubt that Intel, Motorola, or AMD will lose much sleep.....and in the (small) controller market, Microchip is still making a good living,,,,,,,so this has to be seen as a bit of ramping/Advertising Puff.....
I'm not aying they aren't good devices, Oh No! - they are quite good enough to meet the requirements of their customers - but that's the problem - there are too few customers and this means turnover is likely to be "lumpy"....perfectly OK in boom times but slightly risky about now...er, IMHO.
Their "Tools idea" is great, but in reality no-one will invest in designing a chip-product that is different from software they use - hence CYAN "has to" offer some cross-development aides......good idea sure.....but one from necescity.
The CYAN sp says it all.......I wait for the bottom to be declared.......who thinks it will not reach 10p (in a steady Market)? .... I guess that below that figure there will be plenty of interest.......but this is not Wolfson, who were particularly lucky to be at the start of iPods (for example)....good businesses make their "luck" - don't they? Is CYAN into a potential Boom-Time consumer product - someone here may know......but it's unlikely I guess.
Feeling a bit blue?

Oh Dear, oh dear...has my comment resulted in a c.20% fall in just two days.....?
I doubt the Market gives a stuff what I think esp as I have no CYAN stock. My comments were IMHO having considered the investment a few weeks ago. Certainly "now" at 11p(buy) it looks a lot less risky - BUT and this is a big BUT - the Trades show more Sells - but not enough to cause -20% (So is there some Stock News comming? OR has one of their customers begun a cut-back which may filter through......however, that may be the case CYAN strike me as being straight and would have made an Ann already.
Time will Tell.
But don't think I caused it; if my timing looks a tad suspicious....er, sorry guys.

they are in the high volume no margin game with a 16 bit Harvard architecture that some of the big boys have had for years...looks like a good short on any strenght to me

;-0

bag a poo

That don't mean it won't go up!! ;-)))

yip it might but will be shorting it anywhere between 16-20p level

results due 29/03 dont expect much from the numbers but hoping for news of shipments and contracts before that

was hoping for shipment news is it time to bale out with results not that far away no news is bad news for cyan ?

why has he bought 9M of Cyan ????????


Cyan Holdings Plc
07 March 2007


Press Release 7 March 2007


Cyan Holdings Plc

('Cyan' or 'the Company')


Holding(s) in Company



Cyan Holdings plc, the fabless semiconductor company specialising in the
development of low powered, configurable microcontroller chips, has been
notified by letter dated 6th March 2007 that Mr John Peter Lobbenberg has a
direct or indirect interest in 8,200,000 shares representing approximately
9.632% of the issued share capital of the Company.



Details of this shareholding and the basis of Mr Lobbenberg's interest in these
share is set out below:



Mr Lobbenberg is the registered owner of 500,000 shares (representing
0.587% of the total issued share capital).



Roldvasian Ltd ('RV') is the registered owner of 1,500,000 shares in the
Company (representing 1.762% of the total issued share capital). Roldvasian
Ltd is owned 50% by Mr Lobbenberg and 50% by Mr Lobbenberg's wife, Naomi
Lobbenberg. Both of them are directors of Roldvasian Ltd.



Hans Lobbenberg Settlement ('HL Settlement') is the registered owner of
3,550,000 shares in the Company (representing 4.170% of the total issued
share capital of the company). The Hans Lobbenberg Settlement is a
discretionary trust of Mr Lobbenberg's family, Mr Lobbenberg is one of the
trustees.



JPL Portfolio Management Ltd ('JPLPM') is the registered owner of 250,000
shares in the company (representing 0.294% of the total issued share
capital). JPL Portfolio Management Ltd is owned 90% by Mr Lobbenberg and 5%
by Naomi Lobbenberg.



Mr Lobbenberg is the principal beneficiary of a self-invested pension plan
('SIPP') which, through its nominee Ferlim Nominees Ltd, is the beneficial
owner of 2,400,000 shares in the Company (representing 2.819% of the total
issued share capital). The trustees of the SIPP are Alliance Pension
Trustees Ltd

5% up today on this news ???



Cyan Hldgs says China plan to roll out tax control terminals is positive for co
AFX


LONDON (Thomson Financial) - Cyan Holdings PLC said a recent decision by the Chinese Government to implement plans to roll out electronic tax collection terminals in 2007 is a 'positive' for the company.

AIM-listed Cyan, which specialises in the development of low powered, configurable microcontroller chips, said the company's CEO Ken Lamb and Paul Johnson would now extend a scheduled trip to China in May to identify the implications of the announcement.

tf.TFN-Europe_newsdesk@thomson.com

slj/nes



COPYRIGHT

this DOG might get its day wasn't one of the T1ps stable best tips.......



Cyan Holdings says receives China Telecom order for less than 10,000 chips
AFX 03/07/07


LONDON (Thomson Financial) - Fabless semiconductor firm Cyan Holdings PLC said it has received its first production order for eCOG1K chips for a new pay-phone being launched by China Telecom.

Cyan said that although the initial quantities are modest, at less than 10,000 units, these will be delivered monthly, representing the first three months of a production ramp that commences in September.

CEO Kenn Lamb said the company is encouraged by this first production order and is working with its customer on the development of next generation pay-phone systems, which offer a greater range of revenue generation opportunities for China Telecom.

The company added that it is making progress towards delivering steady and stable growth and that the fall in its share price since its AGM does not reflect this progress.

It said that its current market capitalisation is more suitable to a development-stage firm that has yet to complete working silicon, for example.

'Cyan, by contrast, has a new microcontroller family being actively marketed and an existing product which has achieved revenues,' the company said.

TFN.newsdesk@thomson.com

rsh/pmi/cm2



COPYRIGHT



Copyright AFX News Limited 2007. All rights reserved.

The copying, republication or redistribution of AFX News Content, including by framing or similar means, is expressly prohibited without the prior written consent of AFX News.

5p today, as December markets don't like small caps and foreign currency profits. Also, I wonder if the Market is worried with the prospect of more finance? Pse DYOR.

= This is not looking so rosy (or cyan), as in the recent past.

Plus ca Change - - - -