Cyanconnode Share Discussion Threads

[tightfist] 11/4/2019 09:11

Hi MB,Many thanks for the link to Genus Q3 earnings call transcript. Gives a real sense of what is going on and confirmation of what there is to play for (along with some very Indian confusion!). Give a gong for questions and tenacity to Manish Goya of Enam!!Cheers, tightfist

[timbo003] 11/4/2019 08:08

They are still forecasting that the cash runway is sufficient to get to cash flow break even, let's hope so. After the January trading update where they stated expected full year revenues would be £4.7m (vs forecast of £8m from the Finncap), I was seriously beginning to doubt that.

[lwaxf13] 11/4/2019 07:38

Oh please lord no. Not cyan going to execute more plans. I wonder what we are going to flip flop to next. At least the payroll can keep going. Hurrah for the people who contributed to never ending fund raises.

[emptyend] 11/4/2019 07:12

"Sufficient funds to execute 2019 plans and reach cashflow breakeven"......

[lwaxf13] 09/4/2019 17:09

Green shoots?!! Definitely lots but in proper companies and my garden. In all seriousness it really is a major achievement here with the share price. Consolidating the share from sub 1p to 30p then in no time at all looks like it will be back below 1p very soon. That cannot be easy to achieve and I can only assume it requires special skills.

[orange1] 08/4/2019 13:14

The bid price has dipped below 6p.

But wait, it is spring. In this perfect graveyard of buried hopes, surely somewhere, a green shoot is about to appear.

[lwaxf13] 05/4/2019 18:06

Looking good. I think my confidence in JCs ability to totally destroy this company might be well placed. If this is a new all time low today it could be pats on the back all round at cyan and time to work out the bonuses for the big cheeses in charge of this world clsss failure. I bet anyone who got sucked into this crock at a dog n pony show just cannot believe their luck.

Sarcasm?!! Me?!! Never :-)

[multibagger] 03/4/2019 12:14

Courtesy of and thanks to Longterminvestor on the other thread...which confirms the EESL debacle..

Transcript from Genus Power Infrastructures earnings call 28 Jan 2019.

[multibagger] 03/4/2019 11:37

Financial penalties for energy companies re UK Smart Metering.....

[multibagger] 03/4/2019 11:27

Hi davep4...yes I thought so too. It is good that we are being trialled in a massive country with a new use of our solution.

I wonder whether our Omnimesh solution is a retrofit trial, as there are strong rumours that the Indian EESL 10 million smart meter procurement and implementation have simply not taken off and the installed smart meters are simply not working. (You will need to check the other LSE thread for this conversation about a few weeks ago).

Could be an exciting development...great oaks from little acorns grow

EDIT: Worth having a read of the posts particularly from Bull.bear on Lse thread 16-18 March 2019

[orange1] 03/4/2019 09:05

In plain English that means that we can expect and anticipating more dynamic bonds.

[davep4] 03/4/2019 08:51

Sounds like the UK Toshiba solution.

[mtw] 03/4/2019 08:25

Watch for yet another pilot that will be announced, maybe to ease the inevitable placing...

[multibagger] 03/4/2019 07:55

The partner network and customer base is expanding in India....

3 April 2019

CyanConnode Holdings plc

("CyanConnode" or the "Company")

New Order for Smart Metering Utility Project in India

CyanConnode Holdings plc, (AIM:CYAN), a global leader in Narrowband Radio Frequency (RF) Smart Mesh Networks, is pleased to announce that it has received a purchase order from a new Partner for an Indian state-owned Utility, who is also a new end-customer. This order, for a deployment of 3,000 smart meters will use a hybrid RF Smart Mesh and Cellular communications network. Delivery of the project and recognition of revenue will be during 2019.

The purchase order is for CyanConnode's award-winning technology, Omnimesh, which provides smart metering capability for Utilities. This is the first order from this new Partner, who is a system integrator that provides Utilities with solutions to improve customer service, as well as reducing non-technical losses. The Utility will evaluate the benefits of using a hybrid RF Smart Mesh and Cellular network. CyanConnode expects to receive follow on orders when the evaluation process has been completed.

Anil Daulani, CEO & Managing Director of CyanConnode India, commented:

"I am pleased to announce this order for Omnimesh from our new Partner, whose end-customer is an Indian state-owned Utility. Omnimesh is a proven technology, which enables Utilities to gather complex, accurate and timely data, thereby reducing non-technical losses. I am excited that it is now going to be used for the deployment of a hybrid RF Smart Mesh and Cellular network.

CyanConnode is participating in large scale smart metering programs and it anticipates increasing deployment of its technology to meet the Indian government's plans to replace all existing electricity meters with smart prepaid meters, during the next few years.

Through our growing partner eco-system and dynamic bonds with utilities and government officials, standards bodies and regulators, CyanConnode continues to strengthen its award-winning technology for the Indian smart meter market."

[lwaxf13] 02/4/2019 08:16

It’s a crock basically. It has a history of fund raising to keep the payroll going, flip flopping strategies, big salaries, bonuses, consulting fees and pathetic low bar options to enrich the underperforming management who imo are seriously not up to the job.

[cielos] 01/4/2019 23:26

The 2 years chart doesn't look pretty at all, is certainly on a downtrend

[orange1] 01/4/2019 22:54

Less than five months ago the share price of CYAN was nearly three times the price today.

Other than the selling of shares by Legal and General (announced today) can anybody on this thread think of any earthly reason why that might be?

[multibagger] 28/3/2019 20:18

Posted from the other thread...

Courtesy of, and with thanks to Imperiallondon.


The Government Communications Headquarters (GCHQ) has defined a set of security requirements that are assessed under the standard Commercial Product Assurance (CPA) scheme.

The CPA approval for the Toshiba product is listed on the National Cyber Security Centre (NCSC) website. The NCSC is the UK’s independent authority on cyber security.



The datasheets for the CPA approved Toshiba CHUBs (SKU2 and SKU3 variants) are also listed on the DCC website :

[lwaxf13] 24/3/2019 21:38

I watched the cringe worthy presentation that someone had posted over at the not so glee club. Good to hear someone ask to see the share price chart. After that audience question it was a hasty exit off stage. IMO Cyan should put the share price chart up at their dog n’ pony shows with an arrow on the date JC joined so everyone can see what a big hitter difference he has made. Underneath they could put a chart of how many millions they have burned and under that a chart of director salaries and bonuses.

[lwaxf13] 19/3/2019 19:37

Very disappointed with today’s news. I saw the headline and thought “at last we are shot of JC” but alas not. He stays on board as our world leading heavy weight with a Midas touch in share value destruction. HB met all his objectives which is neither here nor there because they had no positive impact on the business that shareholders can see.

Is this next bit for real? See the company grow?!! To what? A fund raising machine with a monthly payroll to meet.

“I would also like to thank Harry and Paul for their contribution to the Company, which has helped see the Company grow over that time."

Lord help us.

[mtw] 19/3/2019 09:42

Yet more arrogance in lieu of shareholder value. Lack of meaningful "revenue providing orders" to demonstrate Cronin's "company transforming" strategy in the "news flow phase", he announces regardless that he heads the "world leading company in IOT for smart city solutions". He cannot be accused for letting the facts get in the way of his RNS announcements for sure.

[davep4] 19/3/2019 07:20

Looks like Sliced Bread Man is Toast.