Cyanconnode Share Discussion Threads

[lwaxf13] 28/9/2016 13:22

2 billion euro investment by SAP in IoT. Someone should tell them they are too late to the party ;-) 2 billion euros and a successful growth story. No competition there then ;-)

hxxp://www.themanufacturer.com

[multibagger] 27/9/2016 17:53

As the Directors are taking shares instead of salary, this is being RNS announced on the first of the month or thereabouts....hence the fairly certain guess that there will be news on the first !

[davep4] 27/9/2016 17:30

In fairness Iwax said "News on 1 October :-)". I am also sure there will be News on 1 October but I don't it will have anything to do with this company.

[lwaxf13] 27/9/2016 15:37

News on 1 October :-)

[bscuit] 26/9/2016 10:18

Concord was once a ground-breaker.........

My investment is now 12 years old and the price 1% of its first listing.... it's been a long road

[spike_1] 26/9/2016 09:08

This award today from the IPPAI seems to me to actually be important (within India) if one accepts the IPPAI's own premise:

An independent status, a worldwide reputation and a large network of contacts make IPPAI a highly respected, unique brand. IPPAI has been an integral part of the key decision-making in the Indian power sector since its inception in the following ways:
1. We have hosted over several consultative workshops in India debating over the contents of the Electricity Act 2003.
2. IPPAI was closely involved with parliamentary agencies prior to the finalization of the Electricity Act.
3. We worked with the CEA in determining the 8th and the 9th Five Year Plans for the power sector.
4. We have strategized with various state governments on how to attract fresh investments into the power sector.

( )

In short - we appear to be moving effectively in the right circles with the major movers and shakers in the Indian power segment.

Now ... let's see it turn into many more meaningful contracts, and sooner rather than later for once.

Best wishes - Mike

[lwaxf13] 26/9/2016 08:58

Excellent news. Another one for the trophy cabinet for the self proclaimed world leader. More awards than you can shake a stick at and a share price that reflects world leader status ;-). Excellent. Really excellent.

[multibagger] 25/9/2016 21:01

My view is that we are already so digitally dependent and connected, that there is not the slightest chance of avoiding the IoT juggernaut or not living in a hyperconnected world. So, the rise of cybersecurity as an investment theme is the macrotrend which will match the growth of the IoT theme.

I have therefore taken and continue to add to my Cybersecurity ETF ISPY both in my ISA and in shares....ISPY is about 30% up over the last 3 months or thereabouts.

You can't beat either IoT or cybersecurity threats - so invest in both trends :)

[activeservo] 25/9/2016 12:51

Every computer in the world can be hacked so what's the issue. Just a headline grabber as people don't really want smart meters. They'll be forced upon us in the next 10 - 20 years, that's why CYAN is so attractive. Their product is gauranteed to be needed and therefore sell.

[hatcheri] 24/9/2016 12:13

What are the Cyber Security issues with smart meters? A report in the FT today: MPs warned of sabotage threat from smart meter hackers.

[multibagger] 22/9/2016 21:46

Cheers Mike - you are most welcome :)

[spike_1] 22/9/2016 09:27

Multi - thanks for this - appreciated.
Best wishes - Mike

[multibagger] 22/9/2016 06:59

Excerpts from Beaufort research report – pages 21-23 to highlight potential contract pipeline information, some of which seemed new to me.

A further purchase order was secured in November 2015 from PVVNL, in Uttar Pradesh, for an initial value of some £0.5 million (including recurring managed services) with first meters being installed and commissioned in H1’2016. PVVNL distributes power to more than 3.5 million consumers, providing significant scope for follow-on orders.

Due to the investment already made in training Tata Power staff to install smart meters and operate the AMI solution, delivery of this follow on order can be achieved without on-site assistance from CyanConnode staff, which demonstrates the scalability of its business model. Discussions have now commenced with Tata Power regarding a Framework Order to meet their future needs over a multi-year period.

Pipeline
32 opportunities being pursued, representing utilities with 62 million customers 

Some tender responses have been submitted via local partners and decisions expected before end of 2016 


CyanConnode is also working with a large Indian energy company as the strategic partner for communication solutions and applications for building a Smart Sustainable City Network. In the first phase, the energy company will connect the smart meters, street lights, traffic signals and other public distribution automation equipment, using CyanConnode’s IPv6 based wireless mesh solution. This will be the first roll-out in India of smart meters fully compliant to the communication standards recently adopted in the M2M roadmap by the government of India. The solution features Intel technology for high-performance IoT Smart City Gateways, capable of supporting distributed intelligence and with the ability to handle a large number of connected nodes, both IPv6 mesh and other IoT protocols. The Directors believe that the potential software license revenue opportunity alone represents approximately £21 million of revenue over a multi-year period.

CyanConnode has started a dialogue with Micromodje on the next planned rollout of 1 million units, potentially providing access to the overall Iran market requirement of 33 million smart electricity meters over seven years, or approaching £1 billion in total contract value.

[multibagger] 21/9/2016 15:35

I have had a cursory look at the Usha Martin website - it appears to be an India headquartered company who have bought Eppix from Logica and taken along many of the executive team from there (or so it would appear). So a stronger presence in India and this development is particularly interesting as the Indian Govt has set an ambitious target of 100 smart cities to be developed in due course. We seem to be in a stronger position from a contract bidding perspective but of course the financial means to pursue so many opportunities could well be a constraint.

I'm not too worried that we won't be able to raise funds or loans/JV may be the way forward and from my discussion with JC he appeared to have thought about the scalability issue in detail, but obviously we could not have a full discussion due to constraints of time.

We are making good progress and getting our strategic priorities right...now to start getting some money from contracts would be most helpful.
Our software being able to link up and integrate to SAP / ERP level software is another massive step up in terms of the our position in the value chain. Given that SAP is a massive player in the ERP space, this is a very exciting development - so SAP now joins the list of potential suitors IMHO.

Going to read the Beaufort report and look into the Usha Martin group this evening hopefully.

[lwaxf13] 21/9/2016 13:35

VOD are an even bigger entity and cyan have a partnership with them too. How's that panning out?

Let's see how this new partnership pans out in terms of actual sales shall we? Before anyone wets themselves with excitement at yet another partnership.

I have my views and they are based on one thing only. Share price. That's all that matters.

[davep4] 21/9/2016 12:11

Simon Brown, Group Chief Executive Officer of Eppix eSolutions, commented: "CyanConnode's communication platform is an enabler for Advanced Metering Infrastructure systems globally, proven by customer deployments around the world. Its enterprise software provides a transparent and versatile communication interface between meters and ERP systems."

lwaxf13 you should call Simon Brown to put him right.

[multibagger] 21/9/2016 11:25

We are getting stronger and our partnerships giving us entry points to much bigger addressable markets with very sticky customer bases. The oft repeated (and I believe) transition to an ARM IP revenue model is what really attracts my investment and this is likely to be worth a lot more in the longer term... though it seems to be taking forever, we may be closer to lift off than we expect...weather permitting :)

Took another 3.8m@.0205...I think in the grand scheme of things, this premium paid to get the shares will be worth it. Good luck all :)

[multibagger] 21/9/2016 10:42

I have pasted the part of the RNS which I believe is hugely important...


"Eppix eSolutions will integrate CyanConnode's enterprise-level, Head End Software (HES) with a Meter Data Management System (MDMS) to create the first SAP-based MDMS for the global utility market. This SAP-based MDMS will provide middleware between CyanConnode's HES and a utility's Enterprise Resource Planning (ERP) software. The MDMS based on the SAP Hybris range of digital commerce solutions such as billing, eCommerce and marketing platforms, will enable utilities to deliver customised products and superior customer service. According to a recent report from Navigant Research, global revenue for MDMS and analytics is expected to total $10.3 billion from 2015 to 20241.

John Cronin, Executive Chairman of CyanConnode, commented: "We are delighted to be working with Eppix eSolutions to further expand our reach as well as validate our HES as Enterprise level software. This strategic partnership with Eppix eSolutions provides a clear indication of the Company's planned evolution to a managed services business model that delivers a recurring revenue stream from software licenses and support services. Furthermore, this collaboration will broaden our partner eco-system, adding a new level of decision makers and influencers within the global ERP market for utilities."

This allows us to be a bigger part of the smart cities and IoT scheme of developments. Our partner, Usha Martin seems to be pretty impressive as well with presence in 11 countries across 4 continents.

I need to do more research about the partner etc, but feel intuitively confident to have added earlier.

[multibagger] 21/9/2016 10:24

Thanks Zengas...I have added another 6m a little while ago. Much patience is needed, but this could get really juicy :)

Good luck all !

[zengas] 21/9/2016 08:48

21st September 2016

Beaufort target price 0.6p

Smart metering represents a giant, unfulfilled, scalable and truly global growth opportunity with the potential to attract large, long-term and exceptionally sticky customers. Beaufort's assessment of the enlarged, post-raise, post-acquisition Cyan Holdings suggests valuation of £123.9m. It was derived from a peer group valuation, while recognising it is ideally positioned to provide packaged solutions to utility operators that urgently need to regain control of their distribution network. Their payback comes in the form of accrued efficiencies which optimises grid infrastructure and emulates customer behaviour. Indeed, as the operating advantages become increasingly evident, the extent to which demand for benchmarked CyanConnode products and technology begins to overwhelm the Group's operational structure could become a key risk. Right now, however, that might be considered a nice problem to have.

[multibagger] 21/9/2016 07:27

Very good partnership it looks like - opens up a bigger market segment to address and strengthens the IP side of things :)

[lwaxf13] 21/9/2016 07:25

Another partnership. Excellent ;-) La la la ... Any sales news?