Cyanconnode Share Discussion Threads

[tightfist] 15/11/2018 07:35

Agreed, at the very least NED DJP (has anyone met him?) can ensure that future spending is well targeted; whether they will need more cash before/unless they go positive remains to be seen. It is surely a sector of our times, this morning's Phillipines RNS is testament to that, making money is proving more tricky!!

[detective1] 15/11/2018 07:32

A footprint in the Philippines, Great news and More to come over the next weeks!

[multibagger] 15/11/2018 07:07

Agreement with Adtel

RNS Number : 4054H
CyanConnode Holdings PLC
15 November 2018

Philippines Smart Metering Market

CyanConnode, a world leader in narrowband radio frequency (RF) mesh networks, is pleased to provide details of a distribution agreement entered into with Adtel Inc ("Adtel") to distribute CyanConnode's smart metering RF network technology in the Philippines.

Adtel distributes communication network equipment across the Philippines and its parent company Lopez Inc also supplies the electric power distribution sector in the region. Both are able to offer its customers CyanConnode's smart metering RF network technology.

Under the terms of the agreement, entered into in August 2018, which includes sales performance milestones, Adtel and its subsidiary Quantum Renewable Inc will distribute CyanConnode's Optimal technology, an end-to-end smart metering RF network solution that includes software and RF network management tools, including head end software. Further details can be found at: hxxps://www.quantumre.com.ph/ar/smart-meter.html.

Rising demand for electricity and growing penetration of renewable energy technologies have been posing major challenges to utilities in Southeast Asia. This has brought smart electricity grid technologies to the forefront and Northeast Group LLC, a market intelligence firm based in Washington, D.C., with expertise in the smart infrastructure and smart grid sectors, has forecast that Southeast Asia will invest $9.8 billion in smart grid infrastructure over the next decade. It estimates the largest market segment will be Advanced Metering Infrastructure where an investment of $4.6 billion will be made1. CyanConnode estimates that the addressable market for smart meters in the Philippines alone is close to 21 million units, providing a sizeable market opportunity2.

Harry Berry, CyanConnode's Chief Operating Officer, commented: "CyanConnode is very pleased to have entered into this partnership with Adtel, who will provide a distribution channel for the Company's smart metering RF network technology in the Philippines, thereby increasing global reach.

"CyanConnode's cost-effective technology enables it to break into emerging markets and its partnering with Adtel gives it a tactical and logistical advantage over selling directly to customers."

[realist1950] 14/11/2018 18:31

Last trade today points the way.

[lwaxf13] 14/11/2018 17:35

Only sub 8p?!! Let’s give the cyan team some credit. They are experts at share price distruction and no value add so I am expecting 0p to reflect the world leading status of this crock. DYOR etc and this is the best thing since slice bread.

[realist1950] 14/11/2018 11:01

The start of the slide back to sub 8p?

Must be a fair few sheep sitting at break even right here (at best).

Is this stock worth going into the red for?

[timbo003] 14/11/2018 10:44

I'll use a smiley next time then realist 😀

[davep4] 14/11/2018 08:57

Perhaps that was your point realist1950?

[realist1950] 14/11/2018 08:25

I don't think so!

It was clearly an error.

[timbo003] 14/11/2018 08:03

Sorry if that caused anyone to choke on their morning coffee, I couldn't resist

I received one of my regular Hardman research latest emails yesterday which referred to "Cyan", so I clicked away until I got to the report, read the title and immediately focused on the forecast table. I thought this looks good and then I thought the analyst must be smoking something, it took me about a minute to figure it out, thought I should post it up anyway (for entertainment)

[realist1950] 13/11/2018 18:11

Try googling 'John Cronin' and see what is no. 1 of the search results :O)

[realist1950] 13/11/2018 16:35

Quite the Sherlock Holmes aren't you, Dave?

[davep4] 13/11/2018 16:24

timbo003's post does not relate to CyanConnode.

[inthetin] 13/11/2018 15:53

Edison post sort of sums up why the likes of CC can come back to the market for funds again and again and again.

[owenski] 13/11/2018 13:42

Get in quick, price is already 23e.... lol

[montjuic] 13/11/2018 12:28

Which Cyan is this, not CyanConnode ??

[timbo003] 13/11/2018 11:02

New Edison update:

[lwaxf13] 12/11/2018 17:25

... focused on growth companies ...

Pray tell what could be the attraction of cyan? Could it be the world leading fund raising abilities, the big hitter management team to die for, the never ending failure to deliver for shareholders or the top quality dog and pony shows?

[timbo003] 12/11/2018 17:05

>>>>detective

I suspect the RNS refers to placing shares acquired on behalf of the Hargreaves Hale VCT at 10p/share, but I could be mistaken.

[detective1] 12/11/2018 16:21

is there any significance in the cannacord purchase?

[owenski] 07/11/2018 13:26

snouts are sniffing the xmas bonuses, squeeeeeeeeal

[lwaxf13] 07/11/2018 13:11

Hopefully bonuses will be paid to reward the team for taking the share to all time low and consistency in failing to deliver any share holder value :-)