Cyanconnode Share Discussion Threads

[multibagger] 12/10/2017 11:28

Post on the other thread earlier today from a very large holder : 1967SWB911S

"MM's want the buys to look like sells, as although volume is low, almost nobody is selling.

I get the sense that a re-rating is in the air.

As an aside a friend asked me yesterday about investing here, and the prospect of making some money if they did. My honest response that if share price was not 50p within 6 months, and £1 within 12 months, I would be very surprised."

[kris akabusi] 12/10/2017 11:25

Booooooommmmmmmmmmmmmmmmm!

[multibagger] 12/10/2017 11:25

Interesting upward price movement on low volumes....usual reason is a large buy order being worked by a MM in the background...Mr Johns-Powell could be back for more. Good that there are few sellers, will force MMs to raise the bid and towards the end of the day the "large late trades" will show up.

However, as I think that between 65-70% of the company is tightly held at this price and unlikely to be tempted with a few pennies, this could be the start of the upward re-rate :)

Good luck all :)

[davep4] 11/10/2017 09:09

I believe this is the Cyan bit:

EESL will also appoint a firm, a “system aggregator”, to manage the installation of smart electricity meters and to collect and store data on power consumption for analysis. Bids for the system integrator will open on 31 October, the company said.

[rogerrail] 10/10/2017 20:09

JWThanks for elaborating, from the article it does appear as you initially posted. Mr Kumar does appear to have very blinkered preset views , no suprise that he does not outline and counter the disadvantages of his preferred approach.

[multibagger] 10/10/2017 13:33

Posted on the other thread

Courtesy of, and thanks to Overfiend1981...make of it what you will...

"I have sent an email to the company asking about the tender win for L&T and whether they can elaborate if this affects Cyan.

I have just got the response saying that they don't comment on third party announcements and any news would be communicated through official channels.

Interesting bit is that they didn't say they are not involved but that they don't "comment" on other announcements.

Hope this helps."

[multibagger] 10/10/2017 13:13

I agree that at this stage we are assessing the probability of CYAN being involved and not surprisingly speculating regarding technical specifications and whether our offer would meet them.

If we are involved in this massive order, then we will know in the next few days or so in a RNS I would imagine - this may be a headline article in the press, but actual contract signing and details could be still in train...?

The fact that we are smart meter agnostic and utility agnostic with a wide range of communication/connectivity options and also have experience/credibility of actual delivery in India as a System Integrator puts in a better position than most of the competition. We have had 3 repeat orders from L&T !!

Also I recall that we are working with other meter manufacturers like Genus so we could be still be very much in the running for either the hardware element or the System Integrator element.

Could it be a mere coincidence that we have now have a new person Mr. Graeme Milligan, as Global Head of Integration announced over the last few days ? I think that this SI business is going to be chunky for us given our new Omni IoT platform as well.

I am optimistic :)

I would be, wouldn't I !!

Good luck all !

[johnwall] 10/10/2017 11:25

RR - I'd love you to be right too :-)

BUT - the following quotes from Mr Kumar (which I've just posted on LSE) suggest to me that he's insisted that ALL meters have a GPRS SIM.



The September ET article is here -



Some quotes from Mr Kumar -

"What do you want as a public procurement agency? You want an open procurement, which does not get into any proprietory issues. GPRS is an open communication medium. It does not matter whether the SIM card belongs to Jio or to anyone else,"

".... because SIM card is very simple, it doesn't cost much, I mean capital cost. So, my overall cost of procurement will go down. If I take any other source, then there is a capital cost, which gets added to the cost of meter,"

"It is not a question of (companies) agreeing or not agreeing, this is what I want. Naturally, I mean I will look at my commercial interest, right. And also, it is easy. I mean, why should I build a communication network, when I have access to a network already,"

I get the impression that Mr Kumar is a bit of a maverick who has very fixed ideas that using 100% GPRS, as opposed to a mesh network with GPRS backhaul, is the only way to go. The big question is whether his claimed cost savings outweigh any technical disadvantages. Obviously a lot of other players disagree with him.


Guess we'll just have to wait and see .......

[rogerrail] 10/10/2017 11:07

"The Smart meters procured by EESL use GPRS technology to allow 2-way communication between the DISCOM and consumers"

Not sure you can rule out Cyan in this , a number of smart meters are connected to a DCU and this then communicates using GPRS hence the smart meters use GPRS in a collective manner. Two way communication is also possible.

I'd love to be right :-)

[johnwall] 10/10/2017 09:54

Multibagger - copy of my reply posted on LSE

Much as I would like it to be otherwise, I don't think this is relevant to CC. The official release linked to by ITT below says "The Smart meters procured by EESL use GPRS technology to allow 2 £way communication between the DISCOM and consumers". This is consistent with the statement by EESL's Kumar in September's Economic Times article (posted here) which said that all tenders had to use GPRS. So, never was one for CC I would say.

Or have I misunderstood? I'd love to be wrong .....

[multibagger] 10/10/2017 08:30

We have already had three repeat orders from L&T who has been the lowest bidder in the above 5m smart meter tender.

We have also partnered with Genus - who is the second lowest bidder.

So the prospect that CYAN inside will power a significant part of the 5 million smart meter roll out looks probable (to say the least) !

Good luck all :)

[multibagger] 09/10/2017 16:10

Hi Sabre6,

You may be interested to check this out....

Courtesy of 2cvguy on the other thread with thanks...

Better link (seems to go direct to the pdf download) :

[sabre6] 09/10/2017 15:56

Something is afoot here and it is not twelve inches!

[ny boy] 09/10/2017 14:37

Just buy & hold a few years and reap substantive rewards. GLA

[multibagger] 09/10/2017 14:01

Too many positive developments in CYAN which may work against getting max value for my and my wife's ISA for the year if I left it in the usual monthly drip feed.

Hence decided to take the balance of the annual ISA limit today....took two lots of 41304@29p and 40722@29.4p respectively :)

Good luck all !

[yump] 05/10/2017 17:15

That would make a lot of fingers over the years.

[lwaxf13] 05/10/2017 14:28

Any more share options with a price below 80p (circa 0.4p in old money) would IMO be two fingers to PIs. This would not apply to recent hires who came onboard after the share had been well and truly driven into the ground.

[dreamtwister] 05/10/2017 12:21

new tax year for the bod to top up share options !

time to give the market makers to programe the software called roger to shaft shareholders !

[inthetin] 05/10/2017 11:37

Hi dt

Do the remaining 1,785,714 Subscription Shares (commencing by 8.00 a.m. on 10 April 2018) relate to someone wanting to push their £500K investment (EIS/VCT) into the next tax year or do you think that it's something else?

Cheers

ITT

[dreamtwister] 05/10/2017 11:13

a lovely crop of carrots planted in the field of dreams,consolidated shares was shadowed with dilution of 4 October 2017 for the General Placing Shares and 6,589,283 of the Subscription Shares. It is expected that April Admission will become effective and that dealings in the remaining 1,785,714 Subscription Shares will commence by 8.00 a.m. on 10 April 2018.......whats up doc ?

[owenski] 05/10/2017 08:54

It's a great investment strategy is it not? someone, anyone, that one has never heard of but happens to punt on insurance outcomes and is therefore deemed to be very very rich and so must know what they're doing, therefore one must blindly follow them into ones choice of punt.

How ridiculous, no wonder most PI's lose money.

[owenski] 05/10/2017 08:49

Very deep pockets can become very empty pockets when they punt in rubbish