Cyanconnode Share Discussion Threads

[fred splange] 21/11/2018 14:19

Shouldn't that be 'still not long now'?

[detective1] 21/11/2018 14:18

Not long to wait before RNS and lift off.

[fred splange] 21/11/2018 14:13

And normal service resumes

[realist1950] 19/11/2018 09:10

Omnishambles!

[lwaxf13] 19/11/2018 08:25

IMO Should have been sacked back then and now for complete failure to deliver anything for share holders whilst trousering obscene amounts for ... err ... for what exactly? Let’s have some more low bar options for the team to reward them like big hitters. Something that they might actually hit. Imo they should be set above 80p because the share price was above 80p when the big hitters arrived. But we know they struggle to hit anything so to make it easy let’s set the options at say 0p :-)

[realist1950] 19/11/2018 08:23

UK Smart Meter Roll-out in the headlines this morning.......and it's not great news.

[mtw] 19/11/2018 08:08

Who remembers the bad old days when all Cronin had to offer long suffering PIs were MOUs and paid for awards in lieu of promised company transforming orders ?

[realist1950] 18/11/2018 10:26

So much hope multibagger. So much hope.

[multibagger] 18/11/2018 07:39

Good morning davep4 and all :)

Not sure if we are involved in the National Grid project,but we can always hope !
About 6 weeks to end of financial year, so not long for the white label deal to be announced, if it indeed has come to fruition. I expect us to make at least £2-3m loss this year, but hope that the revenue generation is as strong in Q4 as forecast.

Good luck all !

[realist1950] 15/11/2018 15:31

"The raising of circa £5m was with a view to take us through to breakeven - IIs were apparently not keen on further dilution after this round and wanted to ensure that there is no further a "cap in hand" moment."


THE IRONY!


J*SUS WEPT.

[multibagger] 15/11/2018 13:36

Tightfist,

I have met and chatted to DJP, the new NED. He has put in about £3.5m into CYAN and the second largest PI barring John Stamp - so I am sure that he would ensure that any spending decisions are justifiable.

The raising of circa £5m was with a view to take us through to breakeven - IIs were apparently not keen on further dilution after this round and wanted to ensure that there is no further a "cap in hand" moment.

The Phillipines RNS is a distribution agreement - so not sure as to when and what quantum of revenues will accrue to us. I would rule out any contribution to the 2018 year end figures from the Phillipines - though I would love to be wrong !

[realist1950] 15/11/2018 10:39

I can only imagine TonyJ is laying on the floor today, twitching in a pile foam, of his own making.

[realist1950] 15/11/2018 10:35

Old news it would seem, announced today.

No numbers mentioned.....(not even of the 'received but not yet delivered' kind!!)_

Looks like a desperate attempt to support 10p (in my opinion).

ADYOR.

[cpap man] 15/11/2018 07:44

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."

[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 😀