Cyanconnode Share Discussion Threads

[tightfist] 18/7/2016 12:55

Ping! The mention of IoT technology in the ARM acquisition won't do any hARM at Cyan.MB, Doing business in India takes inordinate patience, but at least if/when there is a deal it stands a good chance of being adhered to. I agree about the massive market potential; they would not leap into a "sticky customer" deal with a Cambridge technology minnow without a vast amount of commercial checks and balances.Cheers, tightfist

[moormoney] 18/7/2016 11:57

Ping! Interest returning.

[multibagger] 18/7/2016 06:49

Cheers tighfist - thanks for the info. Though India is taking a long time to move on with contracts etc, the sheer scale of population and the demands on electric and other essential infrastructure is massive. So IMHO the extra time that we are "investing" and doing "groundwork" etc to make and strengthen our presence in this market is imperative. Like many Eastern cultures, there is a strong element of business done with "people you know" rather than just a contract being signed off, so this adds time as well.

Interesting that they are paying a lot of attention to the funding model and I am sure that we will benefit from the same...and we have so many other potential customers we are talking to....patience is key !

Good luck all :)

[cumnor] 17/7/2016 22:13

Not sure (if it is so complicated) then they are bothering with India-it could use up too much resource and there is plenty of scope to concentrate on less tedious and potentially more lucrative markets. (The bottom line is sales and profits and not bureaucracies which pay lip service to potential contracts yet offer them in the end to their own vested interests). Times today article on smart meter company (I never heard of) company float with possible mrkt cap of 1 bln-shows the potential. Cyan is too small and should focus more on real contract wins rather than blue sky tenders. imo

[tightfist] 17/7/2016 21:34

Hi MB,

If you have the patience it may be worth reading through the India Smart Grid Forum (ISGF) presentations from a couple of months ago. As I recall, a process was proposed for going into a new tendering process spanning across the volumes/technologies ultimately to be required by Public Utilities in India, to create a model commercial framework that the individual utilities can then draw upon. The funding discussion also opened-up the possibility of external funding. At least those were the key points for me.

It does make things sound protracted in India - I believe that the Tata business is technically outside that scope, but in reality has to take it into account? Or something like that....

I am so glad the Irons in the Fires outside India are looking increasingly positive.


Cheers, tightfist

[lwaxf13] 17/7/2016 21:23

Imo there is nothing in that brief resume to say he has the skills to oversee a global business in what will be a huge market. He has it all to prove and jury is out here until cyan actually prove themselves capable to shareholders. So far they have proven they can keep a non-profitable business afloat through fund raising and share dilution on a biblical scale. I guess that's a major achievement but it has delivered no shareholder value.

[kwizza] 17/7/2016 18:53

John Cronin is one of the speakers at this event
17th - 20th July 2016

[multibagger] 17/7/2016 16:00

Bscuit,

From what I gather from business contacts - every State (which is different from an Union Territory) in India has its own government (which may be different from the party ruling the centre - BJP). This brings on a whole raft of issues and local politics, election cycles, vote bank etc. The Central government in New Delhi may decide to do something like roll out smart metering, and the States can play hardball and take their own sweet time about it.So doing government funded business in India is a bit like doing business through the EU (with each state being like a EU state) and hence it takes a long long time !

I think the issue of liberalisation of financial services in India is more nuanced. Given all the problems with EU based financial institutions, are you surprised that the Indians want to keep a beady eye on them and keep a safe distance ? Italian banks and Deutsche Bank are in deep trouble as we all know.

On a more positive note, India has electronic voting and a citizen biometric database (Aadhar card) - which in terms of the population,levels of illiteracy etc is truly remarkable given it affects/involves over a billion people ! So they are capable when they set their minds to it - Silicon Valley won't be the same with software geniuses from India or for that matter Google or Microsoft with Indian descent CEOs.

Patience is key with CYAN - with so many irons in the fire and smart metering taking off globally, a tiny tiny market share could propel us to a >£250m market cap in a very short time.

Good luck all :)

[moormoney] 17/7/2016 14:59

Jambo192 good post. Thanks.

[bscuit] 17/7/2016 14:02

I wonder if India is all talk, but no action unless its very much on their terms. See Jeremy Warner in the Sunday Telegraph. Britain as part of EU wanted high degree of liberalisation for professional/financial services, but India was having none of it. Certainly conversion to orders is taking a very long time.

[multibagger] 15/7/2016 11:35

Thanks jambo192 for sharing - much appreciated :)

[lwaxf13] 15/7/2016 07:47

22p once?!! WTF and people get paid for delivering this performance!!! 99% club. 99% is good right ? ;-)

[multibagger] 15/7/2016 07:36

Hi Bscuit....not too long to wait to be in profit I would think :)

The EIS / ISA holdings will make it all the sweeter.

Good luck all !

[bscuit] 15/7/2016 00:16

Well I started with 472.5K and having been in most of the recent placings now have 29.25M at an average of £0.0043 all with EIS or in a tax free environment,so a profit beckons at last. I have thus minimised the serial dilution even tho' its still currently a member of the 99% club from the heady days of 22p!

[multibagger] 14/7/2016 22:27

Thanks tightfist for posting the Cantor research link....we going to be moving apace in the near future. We are close to achieving critical mass IMHO but for long term/suffering holders, their views will be tempered by their experience of serial dilution.

[hvs1] 14/7/2016 09:54

lol, an anal lyst says buy, but cuts the price

says it all don't it and fills one with confidence

not quite as good as when they gave their last opinion then, lol

I also reiterate my opinion this morning -

ANOTHER JAM TOMORROW/NEVER OAF MAGNET LOL

[tightfist] 14/7/2016 09:11

MB,Have you had sight of last week's Cantor research note?, their analyst attended the recent GM/AGM; here is a minimal summary:05 July 2016, 14:40Source - SMWCantor Fitzgerald today reaffirms its buy investment rating on Cyan Holdings PLC (LON:CYAN) and cut its price target to 0.80p (from 1p).It has been reiterated this morning. Cheers, tightfist

[tightfist] 14/7/2016 09:01

MB, CPAP,Interesting to see them promoting this latest partnership as an Outsourcing service. Taking the experiences gained in India and packaging them up as a utilities service provision from Meter to Bill for Western markets, and securing an IoT communications mesh network for free? The Toshiba/CyanConnode "hat box" is a neat solution for UK SMIP; this partnership could evolve upon that, starting in Ireland, provided there is a standard meter interface.Very different proposition to the low-cost IP licensing model targeted for Asia. Cheers, tightfistPS: My L&G meter doesn't have an interface so I guess it will be replaced when SMIP descends!

[cpap man] 14/7/2016 08:00

Great news!

[hvs1] 14/7/2016 07:29

they love their news flow dont they

wow, they managed to mention the magic phrase - 'internet of thingys' - and strategic together, in this non real news rns

that'll get the oaf punters salivating

no sales - just another company hoping to get a tiny slice of a smart meter roll out in Ireland - where consumers loath the idea - along with a plethora of other companies all trying for a slice of the same pie, lol

same old cyan, lol

[multibagger] 14/7/2016 07:08

The pipeline is growing and this is further validation - new geography and has massive contract potential.



RNS Number : 1329E
Cyan Holdings Plc
14 July 2016


Cyan Holdings plc
("CyanConnode" or the "Company"


New strategic partnership agreement signed with Enzen



CyanConnode expands its reach with new partner in Ireland





CyanConnode (AIM:CYAN.L), the world leader in narrowband RF mesh networks for Omni Internet of Things communications, announces that it has signed a strategic partnership agreement with Enzen Global Ltd ("Enzen").



CyanConnode and Enzen have agreed to collaborate to deliver expertise in narrowband mesh technology to the Internet of Things ("IoT") market in Ireland. This agreement will provide combined value to support Smart Energy, Smart Cities and IoT in the Irish market. CyanConnode's communication platform will enable Enzen to deliver Metering as a Service ("MaaS"), offering utilities an outsourced smart metering solution and reduced costs. CyanConnode will provide hardware and its Head End Software (on a recurring revenue basis) and Enzen will provide system integration to deliver this MaaS model.



In 2015, CyanConnode announced two purchase orders from Enzen in India, for Chamundeshwari Electricity Supply Corporation Limited ("CESC") in Mysore, Karnataka and Pashimanchal Vidyut Vitran Nigam Limited ("PVVNL") in Utter Pradesh. For both contracts, worth c£1.5 million in total, CyanConnode is acting as Enzen's end-to-end solution provider for smart metering.



The Commission for Energy Regulation ("CER") is operating a National Smart Metering Programme ("NSMP") with a target to install 80% of the required smart meters in the Republic of Ireland by 2020. The Irish utility, ESB Networks, has issued a contract notice to deliver 2.2 million smart meters in the Republic of Ireland. Enzen will submit a bid based on CyanConnode's Ultimesh™ narrowband mesh solution for the ESB Networks tender, of which the communications Request For Proposal is expected in Q3 2016.



John Cronin, Executive Chairman of CyanConnode, commented: "We are delighted to be working with Enzen in Ireland, a partnership built on our successful relationship with Enzen in India. CyanConnode has established an eco-system of partners in each target market and it is now starting to build partnerships that are global, which will support our expansion into new markets."



Vijay Dwarkanath, Global Head of Energy and Water Networks, Enzen, commented: "CyanConnode's narrowband technology delivers exceptional performance which is proven by successful deployments through our partnership in India. CyanConnode's communication platform will enable Enzen to deliver Metering as a Service, providing an outsourced end-to-end smart metering process."


*

[tightfist] 13/7/2016 09:25

Hi MB,Yep, I agree with your take on the prospects at Cyan. The Connode business model in UK with SMIP validates the software license recurring revenue model which the parent Cyan business aspires to in Asia, we just need more traction with partners to make that leap forward.The early-doors commitment of JST is impressive and maybe foretells things to come? Also I have a hunch that El Sewedy (with their substantial reach) are going to play a bigger part, and I sense they are moving into the world of software - will they want to license some IP?Cheers, tightfist

[lwaxf13] 11/7/2016 15:42

I have to agree the old strategy was a failure for shareholders. The new strategy to buy a business will clearly be a rip roaring success if past form of cyan is anything to go on ;-) I won't be holding my breath for the crew at cyan to deliver anything for shareholders.