Cyanconnode Share Discussion Threads

[davep4] 07/2/2019 15:53

Strategic Partnership With Beijing Instruments
In December 2018, CyanConnode was delighted
to announce that it had signed its first Licensing
Agreement with a Chinese Partner, Beijing
Jingyibeifang Instruments Co Ltd (Beijing
Instruments), for the manufacture of Advanced
Metering Infrastructure RF Modules and Gateways.
The RF Modules will be incorporated into
Beijing Instruments’ next-generation smart
meters, which will offer an IPv6 standardsbased solution for international markets.
The Licensing Agreement was a milestone for CyanConnode, resulting in a strong partnership
that will present opportunities for the commercial rollout of CyanConnode’s technology in new
territories. Due to its structure, the Licensing Agreement will have minimal impact on
CyanConnode’s cash outlay.
Who are Beijing Instruments?
Beijing Instruments was established in 1977 and was one of the first manufacturers of watt-hour electric
meters that were supplied to state-owned enterprises. Beijing Instruments is located in the Daxing
Industrial Development Area, where it has a 30,000 square metres facility with around 400 employees,
and it also has a joint venture in Bangladesh.
Beijing Instruments has been a main supplier to the State Grid Corporation of China since 1998 and
has won contracts in Beijing, Henan Province, Hebei Province, Xinjiang Province, Gansu Province and
Hubei Province, as well as overseas contracts in Nepal, Bangladesh, Indonesia and Sri Lanka.
Revenue Model
Revenue from the agreement will come from three streams:
1. Income from the manufacture of hardware: The hardware manufacturing license gives Beijing
Instruments the right to manufacture a specific, limited number of RF Modules and Gateways. A
royalty will be paid per unit of hardware manufactured and the value of the agreement relating
to royalties equates to approximately $4m, over a 2-year period. When the specified number of
RF Modules and Gateways have been manufactured, it is the parties’ intention to enter into a
further royalty agreement. CyanConnode will also provide Beijing Instruments with design and
manufacturing support services, that will result in additional revenue.
2. CyanConnode will also receive revenue from perpetual and/or term software licenses, as
structured under its existing business model. For security and the integrity of the
system, when each RF Module is deployed there is a unique handshake that identifies it to the
CyanConnode headend software. The handshake is a unique asymmetric key, which protects
both Beijing Instruments and CyanConnode’s business model.

[davep4] 07/2/2019 15:44

Strategic Partnership With Beijing Instruments
In December 2018, CyanConnode was delighted
to announce that it had signed its first Licensing
Agreement with a Chinese Partner, Beijing
Jingyibeifang Instruments Co Ltd (Beijing
Instruments), for the manufacture of Advanced
Metering Infrastructure RF Modules and Gateways.
The RF Modules will be incorporated into
Beijing Instruments’ next-generation smart
meters, which will offer an IPv6 standardsbased solution for international markets.
The Licensing Agreement was a milestone for CyanConnode, resulting in a strong partnership
that will present opportunities for the commercial rollout of CyanConnode’s technology in new
territories. Due to its structure, the Licensing Agreement will have minimal impact on
CyanConnode’s cash outlay.
Who are Beijing Instruments?
Beijing Instruments was established in 1977 and was one of the first manufacturers of watt-hour electric
meters that were supplied to state-owned enterprises. Beijing Instruments is located in the Daxing
Industrial Development Area, where it has a 30,000 square metres facility with around 400 employees,
and it also has a joint venture in Bangladesh.
Beijing Instruments has been a main supplier to the State Grid Corporation of China since 1998 and
has won contracts in Beijing, Henan Province, Hebei Province, Xinjiang Province, Gansu Province and
Hubei Province, as well as overseas contracts in Nepal, Bangladesh, Indonesia and Sri Lanka.
Revenue Model
Revenue from the agreement will come from three streams:
1. Income from the manufacture of hardware: The hardware manufacturing license gives Beijing
Instruments the right to manufacture a specific, limited number of RF Modules and Gateways. A
royalty will be paid per unit of hardware manufactured and the value of the agreement relating
to royalties equates to approximately $4m, over a 2-year period. When the specified number of
RF Modules and Gateways have been manufactured, it is the parties’ intention to enter into a
further royalty agreement. CyanConnode will also provide Beijing Instruments with design and
manufacturing support services, that will result in additional revenue.
2. CyanConnode will also receive revenue from perpetual and/or term software licenses, as
structured under its existing business model. For security and the integrity of the
system, when each RF Module is deployed there is a unique handshake that identifies it to the
CyanConnode headend software. The handshake is a unique asymmetric key, which protects
both Beijing Instruments and CyanConnode’s business model.

[lwaxf13] 07/2/2019 08:01

Maybe they could use that as vindication of their world leading business expertise at the future dog and pony shows to lure in mug punters.

Big PowerPoint slide

“We have an investor who is in profit”

[davep4] 07/2/2019 00:25

Wow! £920 of stock.

[davep4] 07/2/2019 00:22

I think it is fabulous news that a PI is in profit.

[detective1] 05/2/2019 22:29

You sound bitter and extremely under water. Not so for me.

[lwaxf13] 05/2/2019 22:10

Picking up nicely indeed. Team Cyan must be delighted that it is holding above the recent all time low and is now only down about 90% since they came on board with their world leading experience. Needs to get to 80p+ to just have stood still for almost 5 years. Top stock :-)

[dave4545] 05/2/2019 12:06

Only 10k max online at 9.2p now

[detective1] 05/2/2019 11:04

SP slowly picking up here, good news due soon?

[lwaxf13] 31/1/2019 23:18

Did the dog and pony show go ahead? No news from the cheer leader over at the Glee Club. Maybe Team Cyan did not make it. We all know how complicated it is catching a train to London. Very difficult.

[lwaxf13] 27/1/2019 12:40

The dog and pony show in London on Thursday should be great. Hopefully free biscuits. I am so looking forward to this for a bit of comedy. Not quite sure what they can say. Maybe something like “Thank you for coming. Help yourselves to 1 biscuit each. Payroll is on track for a few months yet. So, all good. We are world leaders with a big order book and even bigger pipeline. The end.”

Seriously what can they say? Credibility is shot to pieces with years of hot air from this lot.

[dave4545] 24/1/2019 09:08

Been nibbling a few of these

mm's not get any stock left now at 8.8p

[lwaxf13] 22/1/2019 17:38

You bet it is tip top, top tip world leading company. Microsoft, Google, Intel, Amazon hopefully not trying to poach our tip top team ;-)

[owenski] 22/1/2019 17:27

I really don't understand why this share price is going down, surely it's a tip top, top tip world beating company.

LOL

[lwaxf13] 22/1/2019 17:25

Yes, me me!!! Pick me. It’s what Cyan do best. Share price destruction. The team have not disappointed me. I fully expected them to deliver more failure this year and they are off to a great start. This is down over 90% since the team arrived and you have to be special to achieve this level of failure.

[orange1] 22/1/2019 15:32

The share price is down 9.2% today. Would any of the more experienced members of this board like to hazard a guess as to why this might be?

[mtw] 22/1/2019 10:50

And so it goes on.... the endless belief and back slapping that Cyan have something unique to offer that the worlds electrical supply industry is apparently just begging for. Just like the unique to Cyan chip that every meter would have to have. Remember that one ? Then it was unique control software that nobody else had leading to the belief that somehow this made Cyan a world leader. I could grow deformed turnips and could claim nobody else had them. I could claim the worlds veggie market was just begging for my vision of deformed turnips and I could claim world leadership. My bank manager would soon reign in my overdraft (or more likely a computer program would reign in my overdraft) but you get my drift. The problem Cyan has always had lies in that ability to convince enough people that their offerings are somehow "must have". The way their almost religious following then year after year connect them to every electricity supply order around the world just beggars belief. I have lost count of the "orders" Cyan have claimed down the years. During that time the share placement dilution and erosion of shareholder value says everything about the profitability of believing in that world leader story. New lows for the share price is my prediction...

[realist1950] 17/1/2019 10:07

1) They've failed to hit their revenue targets.

2) Another BIG loss looms (albeit reduced from last years - but just LOOK at what last years' was!)

3) Another year ultimately transpiring as 'Jam Tomorrow'.

4) And yet another year of fundraisings to come imo.

My guess is another 'order received but not delivered' before the next cash call.

Poor.

All without prejudice and imo only. ADYOR.

[cpap man] 17/1/2019 08:11

John Cronin, CyanConnode Executive Chairman, commented:

"Meaningful progress has been made during 2018 and I anticipate further progress during 2019. I would like to thank shareholders for their continued support including their further capital investment. I would also like to thank all our staff for their dedication and efforts during the year."

[cpap man] 17/1/2019 08:08

ARDEN PARTNERS are a massive step up from FINNCAPP - well done CYAN!