Cyanconnode Share Discussion Threads

[inthetin] 03/12/2024 09:51

When the obvious SPV example (GIC & Genus) is based on a 76/24% split, why do Cyan show the split as 50/50% in their PowerPoint presentation?

Will they ever learn to stop the BS?

[tightfist] 02/12/2024 13:00

NTG, good point about potential Swaying with ego-tripping..In particular NED David J-P does IIRC have a significant holding and gives the impression of acting as an Independent character. .Possibly not so easy to Sway...... don't foresee him on a regular flight to Delhi.....and added-value?

[inthetin] 02/12/2024 12:50

Zeus's and Panmure's job is to find the cash and that's a tough ask ATM - for any worldwide infrastructure project, India included.

[nick the greek 1] 02/12/2024 12:36

Hi tightist

I agree re Panmure, it’s their job after all.

Yes re BoDs holding but AXIA would need the BoD (or JC) going forward so they would/could potentially be quite easily swayed!?

As could other large holders I guess.

[tightfist] 02/12/2024 11:51

I am thinking Mr Panmure is possibly the link. In periods like this, I allow the BoD stake (13% issued?, plus options) to be a comforting thought.

[inthetin] 02/12/2024 11:49

There's a bit more demand out there again (@ 9.58p). You can sell 300K shares without going through to broker.

[tightfist] 02/12/2024 11:45

The Indian economy versus Western Economies are very different..Looking at the Genus JV, "the money" (Singapore) took 70%, whilst the enablers got 30% - if you need expansion working capital, maybe that has to be deal split?

[nick the greek 1] 02/12/2024 11:03

I’m definitely not of the opinion there will be a placing by Christmas as I don’t see why AXIA would have been so keen to buy the Miton stock recently at 10p.

I wouldn’t be surprised however though to see them make a bid soon for a controlling stake whilst we’re still at these levels and definitely before more substantial orders come in.

All very secretive and unnerving for the pi,s having AXIA involved albeit likely their purchases are a good thing (or pre staged alongside Miton exit).

Perhaps Mr Miton is actually the connection.

The BoD don’t seem to want to lay any real light on AXIA involvement either though that’s not out of the ordinary for them.

[inthetin] 02/12/2024 10:07

Cash is extremely hard to come by in the infrastructure space ATM - there's no visible exit for the 'money'.

From memory, the SPV idea was being spun by Cyan as a 50% / 50% partnership (i.e. party puts up the cash for their 50% and Cyan provides the tech etc for their 50%).

No chance.

The 'money' will want a bigger slice of the pie, leaving Cyan with the crumbs (again).

That's the way I see it.

[gizmo 555] 01/12/2024 16:29

Hi multibagger.... Warburton's wholemeal £1 loaf .families choice ....electric meters will become families choice when the forced becomes wanted and the possibilities of linked health monitoring can be seen ....people willingly pay for knowledge ....not bills ...smart ..saw it on Star Trek

[multibagger] 01/12/2024 13:00

Off topic:

Gails Artisan Bakery with £32m of annual revenue /152 stores is on the market with an expectation of a £500 million sale. Plenty of dough in bread is what I say :)

Not long after a cryptocurrency multimillionaire paid over $6m for a banana taped to the wall with duct tape. He has since eaten the banana !

Prices paid often have no connection with traditional intrinsic valuations....bitcoin another example.

[tightfist] 01/12/2024 08:16

I recall the concept of multiple Indian market SM SPV's being formed, was first raised by HP around July 2022, after RDSS was launched. However IMO the reality of Cyan taking a AMISP stake (other than as a SPV supplier) was from when they created the Indian Digismart subsidiary around May 2024.

[inthetin] 01/12/2024 07:24

The SPV idea was being touted before May'24 (i.e. 18 months ago), without any takers.

[tightfist] 30/11/2024 22:28

Digismart were empanelled around 22 May 2024, and hence could then negotiate in an SPV as the AMISP - "miracles take longer"

[inthetin] 30/11/2024 18:49

They can't make money as a subby and they can't find a partner to fund their SPV idea (and they've been doing the rounds for 18 months).

Fundraises will need to continue for the foreseeable.

[tightfist] 30/11/2024 14:50

To sustain their giddy rate of expansion, cash flow necessitates IMO some fundraising - let's see how they can pull that off. As I said before, in any event shareholders need to see Sales per Share continuing climbing.

[inthetin] 29/11/2024 08:31

Axia have obviously put their cheque book away for the time being.

Now we'll have to wait to see how many they take up in this month's anticipated fundraise.

[tightfist] 29/11/2024 07:34

NSGM awards make interesting reading and seems to be updated at least weekly. I looked last week and was struck how diverse the AMISP names are now becoming - how many will select Cyan Comms - opportunity for our own CC JV AMISP's too! Several of the state packages can be seen spilt between AMISP's.

[derek ten bag] 28/11/2024 17:49

Evening all. Another day designed to test our patience. Clearly there is a lot going on in the background, but we, the faithful, are reduced to reading the tea leaves. On the other board, LTI has provided a link to the NSGM smart metering dashboard. I haven't looked at it before, but it does make interesting reading. A pretty large number of contracts have been awarded, but I suppose many of these have still to make their way down to the sub-contractors, like CC. The sooner the better. I see that LF's remit includes investor relations. It would be nice to think that he isn't restricted to schmoozing those and such as those but also includes the bottom-feeders like myself. If there isn't some decent news next week, I may have to seek help. GLA (don't know why I keep typing that; never seems to do any good).

[multibagger] 27/11/2024 19:47

Hi SBP :)

Interesting to see a number of Indian CMs on "tours to attract foreign inward investment"....the Rajasthan crew were here some weeks ago and now MP. Lot of posts on LinkedIn and X relating to this meeting with JC and HP.

Good to see JC and HP meeting with the Indian CMs and delegations.

Interesting highlight that the state of MP has a population of 88m people or 131% our entire UK population and it is just the 5th most populous state in India. The mind boggles !

MP has the largest deployment of our smart meters by far in India at the moment.

[stupidboypike] 27/11/2024 16:28

I’m sure the cynics will pooh pooh this (blackadder reference!) but I think it is a big deal. Those are serious people in the meeting with John and heather

hxxps://x.com/cyanconnode_ind/status/1861808356031103170?s=46&t=O9mOSillsloxGkiCEr5KWQ

[tightfist] 27/11/2024 12:10

IC seems to have veered away from UK shares coverage (especially micro-caps) and the interesting stuff seems to now be siphoned off to IC Alpha (that I won't pay for, on principle). So lack of IC coverage is no big deal to me; seriously thinking of cancelling IC sub. Weakness of company promotion is an issue IMHO

[gizmo 555] 27/11/2024 11:48

....I'm worried that a offer may disappoint expectations...for some ..and a loss of connection to journey for others