Cyanconnode Share Discussion Threads

[lwaxf13] 22/6/2017 09:29

Must be time to award more low bar options to the team in recognition of years of success.

[owenski] 22/6/2017 09:15

Still 20m M.cap.

Must be time to fire up the share printing press again.

Market's obviously not impressed with the latest 'news'.

[multibagger] 21/6/2017 20:46

I have had smart metering from early last year (if I recall right)....Ovo Energy. No hassle so far, but I have not tried changing supplier.

[emptyend] 21/6/2017 14:43

I had a message yesterday that npower are intending to install at my place.....

[multibagger] 21/6/2017 14:20

From the Queen's speech as reported on the BBC news website....


Smart Meter Bill

puts consumers in control of their energy use, helping them understand their energy and bills, bringing an end to estimated billing and transforming the experience of pre-paying customers
protects the operation of the national data and communication service to safeguard smart services at all times
ensures smart meters will be offered to every household and business by the end of 2020
introduces a Special Administrative Regime, which will provide insurance for the national smart meter infrastructure in the unlikely event that the company responsible for it becomes insolvent

[emptyend] 21/6/2017 13:14

....though now it is - just to save you the trouble.....

[emptyend] 21/6/2017 12:45

I don't believe it is, actually. But you just carry on.....

[lwaxf13] 21/6/2017 09:01

0.13p bid. Is that a new all time low? If so the bod can be rightly proud of themselves. They are good. We are lucky to have such a high calibre team.

[davep4] 20/6/2017 15:21

Time will tell!

[emptyend] 20/6/2017 14:55

....it'll be too late by that point......

[lwaxf13] 20/6/2017 14:39

Agreed TP can roll out as many smart meters as they like but that does not mean Cyan get any of that business.

Cyan can hint at whatever they like. I am not buying a word of what Cyan hint at unless it is backed up by real cash.

[fozdad] 20/6/2017 14:06

If you only read the Cyan RNS, it would be a logical assumption because that is what is hinted at.

However (if I understand this article correctly), according to a document on the Tata Power website, Smart Metering has been in place for some time in Mumbai and the role of Cyan is to support the roll out of RF to a selection of customers (presumably, customers who do not fit the standard model?)

hxxps://www.tatapower.com/whatsnew/pdf/article-12jan16.pdf

“Tata Power, Mumbai installed Automatic Meter Reading system in year 2009, covering all industrial and commercial consumers as well as DT check meters. The data from meters is captured in central server every midnight using GPRS modems. The process of meter reading and billing was thus fully automated and requires no human intervention. In year 2013, one of the largest Radio Frequency based smart metering projects in India was installed in Mumbai covering about 5,000 number low end residential consumers. This project included the installation of meters with built in RF communication modules, data concentrator units (DCUs), head end software and meter data acquisition (MDAS). Metered data is collected every hour through RF mesh network communication and transmitted to a central server using GPRS network. Meter data received is used for automated generation of bills without human interference.”

I think the paragraph above should say 2015, not 2013 as it is clearly the first Cyan installation for Tata Power Mumbai as in the following-

hxxp://www.tata.com/media/releasesinside/-Tata-Power-commissions-one-of-the-largest-radio-frequency-metering-projects-in-India

BUT as far as I can see, there is no suggestion that the RF solution (which is the part supported by Cyan) will be rolled out to the full 670,000 customers.

[lwaxf13] 20/6/2017 13:43

No I do not think it is logical to conclude that.

[davep4] 20/6/2017 13:12

In my opinion not even enough if all 2,600,000 Tata Power consumers have a smart meter installed, (however as the no. of smart meter licences increase into double digit millions, recurring revenue should make this a highly cash generative business). With regard to my question above, do you agree that it is logical to conclude that Tata Power Mumbai intends rolling out smart meters to all or most of their 670,000 consumers?

[lwaxf13] 20/6/2017 12:55

How much cash will cyan actually see from those 25,100 smart meters? I mean real
cash in the company bank account not a number on a PowerPoint and when will they see it?

[davep4] 20/6/2017 12:44

lwaxf1320, as a trial Tata Power Mumbai installed 10,000 smart meters in 2016, after which they installed a further 4,700 smart meters and they have now decided to order a further 10,400 smart meters for installation, therefore do you agree it is logical to conclude that Tata Power Mumbai intends rolling out smart meters to all or most of their 670,000 consumers?

[lwaxf13] 20/6/2017 12:34

Whatever did happen to the £10M Iran deal? That looked really good on a PowerPoint.

Down graded from speculative buy to hold. What a crock this company really is. One day a pipe dream target price of 6/10ths of one penny and now downgraded. Fill your boots. This is a world leading company and you can get about 7 shares for one shiny penny. Quality :-)

[emptyend] 20/6/2017 11:12

One of the problems with "awaiting further developments" is that they can emerge out of the blue. That's what happened last time the shares were at similar levels - and the shares doubled on news of the Iran order (IIRC).Good time for a bidder to pounce, also?Not saying any of that will happen - but it can't be ruled out either.

[dreamtwister] 20/6/2017 10:04

the cupboard may be bare by the end of this year. Given that management found itself rather more comfortably operating with a reasonably large cash-cushion over the past year, the Board could seek relatively shortly to bolster its balance sheet with a further equity placement,

pay day & bonuses are due soon,will the bod take shares for cash or will they take the cream of the share price

dreamtwister, has decided to take the cautionary step of downgrading his recommendation from Speculative Buy to be very very cautious. while awaiting further developments.

[owenski] 20/6/2017 09:47

Their cash burn is going up and these small drip feed orders wont pay the bills. More dilutive fund raising on the way.

[tightfist] 20/6/2017 09:37

Hi CPAP,Thanks, interesting to see Beaufort change their position. I wonder if this is connected to the introduction of Advisor/Broker finnCap announced on 19th May. A touch of sour grapes?Whilst the Bangladesh update is welcome, it has always going to be an extended period before Cyan goes cash positive; Beaufort now acknowledge that and the market is disinterested (or driven down).Even an optimist like myself is getting jaundiced by seemingly endless dilution.......Cheers, tightfist