Cyanconnode Share Discussion Threads

[cpap man] 07/2/2017 11:00

CyanConnode Holdings (CYAN.L, 0.20p) – Speculative Buy

This world leader in narrowband radio mesh networks, yesterday announced receipt of a purchase order for 100,000 Panmesh software licenses from HM Power Metering AB in Sweden for smart grid and Internet of Things implementations. In April 2016, CyanConnode signed a non-exclusive distribution agreement with HM Power and this purchase order is expected to cover HM Power's initial requirements for Panmesh software licenses and will be invoiced as the licenses are delivered to HM Power's utility customers, as part of the rollout to replace existing smart meters in Sweden. Sweden was the first country to install smart meters for its customers in 2009, with the full-scale installation of Automated Meter Reading/Advanced Metering Infrastructure systems reaching 5.2 million Swedish consumers.

Our view: The market is now implementing next-generation metering technologies. As a Swedish-based system integrator, HM Power, provides smart metering and smart grid solutions to virtually all domestic utilities. It has an established customer base of approximately 650,000 smart meters and 30% of the Ring Main Unit and advanced fault indication equipment market in Sweden. Having integrated CyanConnode's IPv6 standards-based solution, with its smart grid equipment, electricity meters and other IoT products, Panmesh is the obvious 'future-proof' solution. Being a long-term and highly sticky product, which includes not only the sale of software licenses, but also an ongoing recurring revenue stream from annual maintenance charges over a 10-year contract term. This is exactly what CyanConnode has positioned itself to provide, as evidenced by its participation in the world's largest and most sophisticated projects, such as the UK's SMIP project and the National Smart Metering Program of Iran. Having established the scale of the opportunity (see Beaufort's publication 'The Future is Smart!' that was released on 21 September 2016), the coming 24 months will see CyanConnode's branded offering occupy the position of 'industry standard' for the sector. This will enable it to add significantly to the already impressive backlog from India, Iran and the UK both with repeat orders and new large, long-term and exceptionally sticky customers. Despite using a chunk of the £10.1m (gross) raised through last summer's Placing and Subscription to build up working capital, it still holds a significant cash reserve as it progresses into 2017. CyanConnode's business model is maturing while its business opportunity remains in its infancy. Recognising the Group's lead in this giant developing opportunity, Beaufort reiterates its Speculative Buy recommendation and price target of 0.6p/share.

[dreamtwister] 07/2/2017 10:31

Irish smart meter rollout

In other news, the Irish Commission for Energy Regulation announced that Ireland will not begin its National Smart Metering Project in late 2018.

The energy regulator said the country will delay its smart meter installation project for gas and electricity consumers due to a delay as a result of the energy regulator and utility firms in reaching an agreement on how the smart meters will be procured.

A spokesperson for the Commission said: “While the CER is continuing to develop the revised timelines on key elements of the programme, it remains clear at this stage that there will be a delay in the roll-out of smart meters to consumers, which was originally planned to commence in 2018.”

Delays in the issuing of the tenders are related to technical constraints including interoperability of smart meters to be procured with communication technologies and the country’s set smart meter standards.

“Based on this, later in 2017, the CER will conduct a further cost-benefit analysis to determine the final scope, scale and timing of the programme and to ensure the efficiency and benefit to the consumer,” added the CER spokesperson.

[lwaxf13] 06/2/2017 13:27

Yawn. Another scripted BRR event that as usual puts no meat on the bones. I look forward to more great announcements where everyone has to guess is it worth 5p per license or £50 or something else?

[dreamtwister] 06/2/2017 11:03

the ramping tarts in blue frocks are playing with their daisy chains,as todays contract was with connode plus other contracts in switerland + the uk contracts yet to be implemented "yawns"was ! before cyan t/o,so in theory cyanconnode under present bod will continue to milk the cash cow.

if & when iran...brazil...s/africa...india...china...ireland &the uk implement cyanconnode tech your investment will be cgt exempt.

[mikeroot5] 06/2/2017 09:47

Bullish opinion on CYAN from Trader Tim

[activeservo] 06/2/2017 08:21

BBs enhance the normal share research (fundamentals etc) by giving an indication of sentiment. Nothing more.

AIM is crawling with punters who base their decisions solely on BBs. Their money is almost as good as ours, so I'd rather have it in the shares I'm invested in and not elsewhere.

[cpap man] 06/2/2017 08:10

John Cronin, CyanConnode Executive Chairman, commented: "This order further demonstrates the suitability of our Panmesh technology to deliver future-proofed customer value. Ease of implementation and deployment of CyanConnode's narrowband mesh technology allows customers to build the network as they deploy the solution, supporting cash flow, up-time and end-to-end security. The sale of Panmesh software licenses include an ongoing recurring revenue stream from annual maintenance charges over a 10-year contract term.



Anders Hjort, CEO HM Power, commented: "The market is now implementing next-generation technologies to support both IoT sensor applications that enable smart grid solutions and advanced metering infrastructure solutions. Since 2000, HM Power has been a leading supplier of smart metering (AMI) solutions in Sweden. With a large customer base, HM Power is now well positioned to provide next generation smart meters and smart grid equipment. CyanConnode's IPv6 Panmesh technology delivers flexible, cost-effective communications for single and multi-application networks."

[lwaxf13] 06/2/2017 08:08

I don't see today's news as particularly good. If there are no £££; announced how can anyone judge if the news is substantial or not worth much?

Potential investors would do well to look beyond a BB before making any investment decision. Cyans financial history is in the public domain including share price chart, number of shares, sales and operating losses.

[runthejoules] 06/2/2017 07:54

GOD. DAMN. IT. My selling out has resulted in a major sale for you guys, happy for you but I am an idiot :-(

[activeservo] 06/2/2017 07:35

Unless you are shorting this, I simply cannot understand the logic around talking down good news for a share you've invested your money in, especially on a public BB viewed by potential investors. Personally I don't like losing money....this is just the beginning for CYAN so a contract win rns with no value stated is fine. Better than a contact lost or more dilution, or do you enjoy those types of news?

[lwaxf13] 06/2/2017 07:29

Without a £££; value attached to this news I wouldn't get too excited. Just another Cysn deal that has no £££; in the RNS.

[bilbosenior] 06/2/2017 07:12

Today could be interesting following this morning announcement of a Contract win in Sweden

[runthejoules] 04/2/2017 19:17

I rashly sold out at a largish loss when the share price dropped on Thursday. After all this encouraging info, I really wish I hadn't been so jumpy. Hopefully this will teach me, but I won't be getting back in unless there are more confirmed orders. Good luck the rest of you!

[dreamtwister] 04/2/2017 14:50

exert from timbo

Q: When will you do a shares consolidation?

A: Not everyone wants one, the broker is not that keen. We did say we would do it at some time in the merger document, so it will happen.

who will t/o this outfit with the amount of shares in issue ?

the bod will continue to dilute the pi shareholdings whilst collecting more shares for their portfolio until orders of substance.

then the pi will be shafted by consolidation as long term holders who valued the company at a higher price will never recover their loses.

the pi is keeping this outfit a float & the bod will milk the cash cow until they get a dose of gout.

[timbo003] 04/2/2017 12:15

CyanConnode's two bits of kit were also on display at their stand on Tuesday (see below):

The first photo is the Cyan legacy hardware to be used in markets such as India and the second photo is the Toshiba so called Tophat (loaded with CyanConnode software) which will sit above the smart meters in UK areas with only a weak O2 signal (i.e. the so called "NotSpots")

[cancun tango] 04/2/2017 07:53

Hey STAVHope you're keeping well. Still hopeful and have bought back in here. Understand that HB presented rather than JC as he, JC, is currently in India. I'd like to think it was to sign off a contract, but previous experience suggests it'll be another backscratching, whiskey drinking retreat with nothing coming from it!!!!!! But I'd gladly be proven wrong. India are going for central bulk purchasing now, or they are talking about it anyway. They're very good at that as they've had years and years of experience.ATB and although I don't shout it with as much enthusiasm now COME ON CYANCONNODE

[stav5001] 03/2/2017 20:33

Cancun TANGO: HI

WAXY

JC was never one for Q & A......LOL!

S S is a gentleman.

[apeman2] 03/2/2017 17:08

Many thanks Timbo.

[lwaxf13] 03/2/2017 09:40

So none of these deals are in the bag and might never end up in the bag. A greater than 50% chance. WTF does that mean? IMO it means nothing until the deal is signed and cash in the bank. It's the same old with this company. Jam tomorrow, jam tomorrow. Nice work if you can get it.

So will JC come back from India (assuming that is where he is) with anything more than stuff from the duty free shop?

[krowelet] 03/2/2017 08:33

Thanks for clearing that up dwall, I have calculated in the past this gives JC an overall average of about .20p and SS mid 2's. imo.

[dwall] 03/2/2017 08:21

Krowelet

Thats because all of the shares issued in the last 2 Q of 2016 were for the full years salary, i.e. between mid 2016 - 2017.

Except for bonus issues.

[krowelet] 03/2/2017 08:07

Thank you for attending and sharing Timbo, would tend to agree with cancum re.14 new opportunities.

No monthly director shares in lieu of salary purchases RNs as yet this month.

[timbo003] 03/2/2017 08:04

dwall, I can't 100% be sure, maybe he said 40 not 14, but he definitely said greater than 50% chance of success, which means we should end up with more than half of them..