Cyanconnode Share Discussion Threads

[multibagger] 05/7/2021 12:56

JC will have to stump up

£988,827 for his 6,819,498 shares at 14.5p

HP will have to stump up

£398,720 for her 2,749,498 shares at 14.5p

So could be a very significant outlay for one/both I would imagine and the 14.5p would look like a real bargain and a worthwhile vesting price for them when the share price is several multiples higher hopefully...

Given all their efforts have positioned us very well, I am pleased for them and looks like they expect to see the market cap a lot higher. Also the increased holdings will be well aligned with wider share holder value creation.

JC has done 5 previous exits generating about $600m (according to his profile on the Cyan website)



I reckon CYAN could be his swansong and final nest egg and he will definitely want to make sure that it reaches its potential !

Good luck all :)

[multibagger] 28/6/2021 08:14

Interesting article...from 26 Mar 2021 as it gives an idea of how our suppliers are gearing up to meet the expected demand....

The videos on the Syrma website on their manufacturing facilities in Chennai and Bawal are worth watching - it is reassuring that it is unlikely Syrma can't keep up with the expected demand.




Syrma Bawal manufacturing facility:


Syrma Chennai manufacturing facility:


Some noteworthy excerpts...

" We have bagged new orders to produce in the domestic tariff area and have 10x growth on our book.”

"... Its plants in Bawal, Haryana, and Chennai have the potential of scaling up capacity 2.5 times, making Syrma more self-reliant. Praising the ‘Aatmanirbhar Bharat’ initiative of the Centre, Srinivasan said the ‘Make in India’ thrust has amplified last-mile manufacturing efforts, lowering the dependence on China..."

"...Instead, we continue to focus on smart meters, toothbrushes (oral healthcare), ventilators (only design not manufacture), and medical-related industrial products,” he noted.

"...The company is eyeing 20% growth in the current year and 40 to 50% in FY22-23..."

"...Apart from three existing Fortune 500 customers, it has 6 more marquee clients in the pipeline, Srinivasan said, adding the company is upbeat about its new portfolio – the electric vehicle business even as the Internet of Things (IoT) and smart products would be its mainstay. .."


Original article:

[tightfist] 28/6/2021 07:16

Hi MB, thanks for that info regarding CEM Syrma, an interesting proposition for a key piece of the Chari jigsaw? Chennai is a big place (pop. 7 million), however, with his business interests and orientation one should not underestimate his insight. He now has significant skin-in-the-game..Cheers, tightfist

[multibagger] 28/6/2021 06:58

Good morning tightfist and all :)

Most of what Seshachari has listed in the " 7 things investors would love to see" though generic, appear applicable to CYAN. So it would fit the bill, if this was the "investment screening method" used by him.




Syrma, one of the CYAN Contract Equipment Manufacturer (CEM) units which manufacture our Cellular Network Integration Cards (CNIC) is located in Chennai, Tamil Nadu which is in Southern India.



Seshachari is also in Chennai....

Let's see what the week brings...Good luck all !:)

[tightfist] 28/6/2021 06:26

Hi emptyend, beeezzz, for background see my post #1475 early this year - one hell of a coincidence! Cheers, tightfist

[sabre6] 27/6/2021 16:22

Where do you get 22p from

[apfindley] 27/6/2021 14:51

Very subtle...but is that the same chaarat gold where you were saying only a few days ago that you wouldnt buy it until it drops to 10/12p rather than the current 22p.

[emptyend] 27/6/2021 13:01

....I suspect he knows India.....

[beeezzz] 27/6/2021 11:00

Makes you wonder what S Chari knows not privy to PI's yet...

[multibagger] 25/6/2021 17:00

Enjoy your weekend all :)

[larryparker] 25/6/2021 16:58

Oops I was looking at Chaarat golds trades

[larryparker] 25/6/2021 16:56

Wow, that's a lot of activity in the last hour

[larryparker] 25/6/2021 16:52

With a ban on Chinese imports to India, it makes a great opportunity for the rest of the World to tap into India's vast wealth and development / modernisation plans, the only fly in the ointment would be some provinces are not great at paying there bills.

[multibagger] 25/6/2021 16:48

Software algorithm recording the trades takes the best guess depending on the bid/offer price at the time of the transaction and offers a "guess" as to whether it was a buy or sell.

So it can be a bit hit and miss - use it as a guide, no more.

[larryparker] 25/6/2021 16:37

But why does my investment show up as red ?

[larryparker] 25/6/2021 16:36

Haha I was out a while ago Multi when we hit 14, but always kept an eye on coming back, as there is defo potential

[multibagger] 25/6/2021 16:32

Boy you are quick Larryparker - out yesterday and back in today.

Are you expecting news on Monday ?

[inthetin] 25/6/2021 16:32

The way that this story is unfolding, who wants to be out of this and watching from the sidelines.

Good luck LP with your investment.

[larryparker] 25/6/2021 16:08

I know which investment was mine, but shows up in red / sells ?

[larryparker] 25/6/2021 16:04

And I am back, didn't shift the share price that much though, hang on to your seats boys n girls

[multibagger] 25/6/2021 15:38

Thanks mdchand - I can see the logic of having an "embedded" employee and in many JVs these kind of arrangements are put in place. But not sure if it fully explains Rajiv Kumar being appointed to the MD & CEO India role, as there would potentially be other commercial and contractual facets for such a senior role.

Unless of course, the Intellismart MoU is going to subsume the entirety of the Indian smart meter rollout ? A simplistic view, but gives food for thought !

I get the impression that we have a number of seasoned corporate executives on this BB and let's hope people chip in with their thoughts !

[mdchand] 25/6/2021 15:25

mb - I think your right. You wouldn't poach a key employee of a key client unless you knew this was an 'agreed' course of action by all parties. You absolutely wouldn't do it if you thought it could damage the commerciality of any agreement.

Infact, I wonder if it may have been a condition of the original agreement with Intellismart to have one of their own key employees embedded into Cyan to ensure any mass roll-outs where effectively managed.

[multibagger] 25/6/2021 15:15

Emptyend your post 1786 was far too cryptic to me tbh !

RNS today - now holding increased to 6.10% and a definite sign of confidence as I see it ! You called it I guess ?

Anyone recall Calisen (CLSN) - a meter asset provider which was floated on AIM and then taken private in less than a year in Dec 2020...at 261p by a consortium of big names. Calisen was phenomenally loss making.

The deal was worth about £1.4 billion and at a revenue multiple of 7x, if memory serves me right.

Is something similar being lined up in India with all the personnel moves ? Idle speculation on my part on a Friday afternoon.