Cyanconnode Share Discussion Threads

[lwaxf13] 04/8/2017 16:02

Good luck sabre. Though I just cannot see it happening. It has failure written all over it like so many AIM companies that promise much but lack the talent to deliver. The team has IMO had far too long on the payroll.

If it comes good then I will have been wrong but history is not on their side

[sabre6] 04/8/2017 15:13

Iwax
While I agree with a lot you say I am still convinced this will come good. I notice we are having higher lows and higher highs at the moment.
India is beginning to come on stream and there is still GB.
I think in one years time the share price will be a lot higher.
We will see!

[gleach23] 04/8/2017 09:02

Big trade reported after the close last night of 100m shares at 12.5p - looks like a large sell order filled by Tuesday's 100+m volume which was mainly buys?

[lwaxf13] 03/8/2017 13:19

if there was a share consolidation would the team get rewarded for getting the share price up? I don't see why not at this topsy turvy company where the team have been awarded options far below what the share price was on the day they arrived.

[rochdale] 03/8/2017 12:29

lwaxf13 - £10 a share might be achievable with a consolidation!

[techno20] 03/8/2017 12:28

Fair cop! Getting the timing right on early stage tech players feels nigh on impossible at times, but remain glass half full that each of the above will come good in time. If they deliver like IQE, I'm off to Barbados. Indeed with Cyan @ £10 I might buy Sandals!

[lwaxf13] 03/8/2017 10:24

Looks like cyan is going to multi bag then if a history of failure is a prerequisite to success. Cyan have failure covered in spades and then some!!! On this basis my target is £10 a share ;-) Just kidding of course.

[techno20] 03/8/2017 08:35

MB - concur with your comments re. iQE. I've held both shares for similar timeframes and can remember how painful IQE was only a matter of months back. Tom W rubbishing the shares, management being slated as incompetent etc etc. Things can change very fast. My lowest IQE buy was 15.75p, average 21p, and although I've sold lots on the way up I still have a significant holding. This is a game of patience, regular disappointment, nerve and the occasional massive win. Cyan, along with a number of my other tech holdings -see, Kmk, dgb for example - have world beating propositions and whilst I'm under water on all of them currently, they all have the potential to multibag! Topping up on Cyan later today. In for the duration. GLA Techno

[multibagger] 03/8/2017 07:20

I am wondering does anyone know how big a percentage of the order is usually required as an EMD ?

Not maybe immediately applicable to the EESL tender but Tamil Nadu Govt in India asks for 1% as per document below...

hxxp://www.tangedco.gov.in/emd1.php

If that were the case the iro £22m EMD extrapolated to a £2.2 billion order for 5 million smart meters....staggering if it is true !

[multibagger] 03/8/2017 07:20

I am wondering does anyone know how big a percentage of the order is usually required as an EMD ?

Not maybe immediately applicable to the EESL tender but Tamil Nadu Govt in India asks for 1% as per document below...

hxxp://www.tangedco.gov.in/emd1.php

If that were the case the iro £22m EMD extrapolated to a £2.2 billion order for 5 million smart meters....staggering if it is true !

[multibagger] 03/8/2017 07:14

Good morning all :)

The EESL tender document can be accessed with some minor effort (I am sorry that I am not able to post the big pdf file here).

Thinking about the fund raising RNS in March 2017 there was mention of Tier 1 manufacturers and CYAN positioning themselves with the same.

I think that a project of this magnitude with a tight implementation deadline of 3 years would have needed the Indian Govt to give a heads up to potential smart meter manufacturers to prepare for a massive ramp up of capacity.

CYAN (we) have therefore done the right thing in raising funds at that stage to be in a position to bid for the same. The lead time would also have been needed to agree on collaboration and tie ups from a consortia perspective. I think that we are likely to go with L&T for at least one of the tenders (3 tenders in total of 50%, 30% and 20%).

As our offer is essentially software which is vendor agnostic, the possibility that we may be the "cyan inside" to two competing smart meter manufacturers remains. The tender document does mention various software requirements, but I have not had the time to read it in great detail as yet.

Just an Earnest Money Deposit (EMD) iro of £22m speaks volumes of the overall scale of the project - which is likely to be in the hundreds of millions £ ?

And this is just for two states in India - albeit UP being one of the most populous in the country.

This could be the significant orders in India that JC alluded to in the latter part of the year.

Maybe my thinking is running away with the excitement of what the market reaction would be to winning even a 20% part of the tender ?

Off topic:
I think that there are parallels with the listlessness that IQE has experienced for a number of years and then whoosh ! CYAN could well do the same - and you heard it here first ;)
Though IQE was on the my radar from the late teens in share price, I have joined the party with a 100k share stake in IQE over the last few days. There is more to come from IQE....

Still sitting tight on my CYAN stake - not a single share sold :)

Good luck all !

[multibagger] 03/8/2017 07:13

Good morning all :)

The EESL tender document can be accessed with some minor effort (I am sorry that I am not able to post the big pdf file here).

Thinking about the fund raising RNS in March 2017 there was mention of Tier 1 manufacturers and CYAN positioning themselves with the same.

I think that a project of this magnitude with a tight implementation deadline of 3 years would have needed the Indian Govt to give a heads up to potential smart meter manufacturers to prepare for a massive ramp up of capacity.

CYAN (we) have therefore done the right thing in raising funds at that stage to be in a position to bid for the same. The lead time would also have been needed to agree on collaboration and tie ups from a consortia perspective. I think that we are likely to go with L&T for at least one of the tenders (3 tenders in total of 50%, 30% and 20%).

As our offer is essentially software which is vendor agnostic, the possibility that we may be the "cyan inside" to two competing smart meter manufacturers remains. The tender document does mention various software requirements, but I have not had the time to read it in great detail as yet.

Just an Earnest Money Deposit (EMD) iro of £22m speaks volumes of the overall scale of the project - which is likely to be in the hundreds of millions £ ?

And this is just for two states in India - albeit UP being one of the most populous in the country.

This could be the significant orders in India that JC alluded to in the latter part of the year.

Maybe my thinking is running away with the excitement of what the market reaction would be to winning even a 20% part of the tender ?

Off topic:
I think that there are parallels with the listlessness that IQE has experienced for a number of years and then whoosh ! CYAN could well do the same - and you heard it here first ;)
Though IQE was on the my radar from the late teens in share price, I have joined the party with a 100k share stake in IQE over the last few days. There is more to come from IQE....

Still sitting tight on my CYAN stake - not a single share sold :)

Good luck all !

[volsung] 02/8/2017 21:21

Goats are the way forward. Mark my words!!

[multibagger] 02/8/2017 21:18

Massive procurement for smart meters in India with 3 year execution time frame....

hxxps://eesl.eproc.in/ProductEESL/nitParameterView?nitviewFlag=1#

209 page document

Bid submission deadline: 25.08.2017 @1430

5 million smart meter procurement over 3 years

Earnest Money Deposit : About £22m +

To be divided into 3 lots (50%, 20% and 30%) across 3 suppliers ?

If we are bidding, then it will have to be in consortia due to financial and balance sheet requirements, that we other wise won't meet.

Maybe we will bid in consortia with L&T, but most definitely bid given our expertise and track record in India.....

Sign of real intent and things to come....Indian smart meter scene - the sleeping giant appears to be awakening :)

[multibagger] 02/8/2017 21:18

Massive procurement for smart meters in India with 3 year execution time frame....

hxxps://eesl.eproc.in/ProductEESL/nitParameterView?nitviewFlag=1#

209 page document

Bid submission deadline: 25.08.2017 @1430

5 million smart meter procurement over 3 years

Earnest Money Deposit : About £22m +

To be divided into 3 lots (50%, 20% and 30%) across 3 suppliers ?

If we are bidding, then it will have to be in consortia due to financial and balance sheet requirements, that we other wise won't meet.

Maybe we will bid in consortia with L&T, but most definitely bid given our expertise and track record in India.....

Sign of real intent and things to come....Indian smart meter scene - the sleeping giant appears to be awakening :)

[multibagger] 02/8/2017 10:31

Hi gleach123,

Well done ! The price action is intriguing and the pressure on the share price over the last several weeks in the context of the news flow of contracts.
Have to see what is behind it all.

Nevertheless, very relaxed and confident about the future....waiting for CYAN to do an IQE....you heard it here first ;)

Good luck all !

[gleach23] 01/8/2017 20:59

At 122m, that's an impressive volume day today, mostly buys (including a couple from me) as the price dropped. 20m trade @ 14.25p in the closing auction will hopefully bode well for the morning too...

[lwaxf13] 01/8/2017 11:43

Looking strong and stable ;-) Still needs a clear out at the top IMO for presiding over years of failure and never ending jam tomorrow that never comes.

[multibagger] 26/7/2017 16:51

Research courtesy of Bonzoful on the other thread..


India : Smart Grid project to cover entire Mysuru

The Smart Grid project, so far being implemented on a limited scale in Mysuru to ensure better power supply-demand management by the Chamundeshwari Electricity Supply Company (CESC), will be expanded across the city in view of its success and enhanced power savings.

This was disclosed by the Minister for Energy D.K. Shivakumar, here on Tuesday. He said that about 24,500 CESC consumers in the city were part of the Smart Grid pilot project and the results had been encouraging. Hence, it would be expanded to bring in all four lakh CESC consumers in the city within its ambit and is expected to cost around ₹400 crore.

Mysuru is the first city in the country to have implemented the Smart Grid project under the PPP model at a cost of nearly ₹32.59 crore. As of now, it covers 24,532 consumers in the city.

The CESC pointed out that the concept entailed switching over to digital and automated technology and solutions so as to increase efficiency in power management besides reduction in cost. The authorities say that adopting the Smart Grid concept has its own benefits for the power supply company as is evident in the successful run of the pilot project. This includes improvement in supply hours, reduction in the peak load, reduction in the operational cost, better load forecast, among other benefits.

From the consumers’ point of view Smart Grid ensures reliable and quality power supply besides improved security features, facility for online billing and payment information.

The Smart Grid Pilot Project has evoked nation-wide appreciation. Technical experts from other parts of the country have also evinced an interest in its functioning.

The Minister said despite the drought in the State, the ESCOMS had ensured adequate power purchase and supply and focus was on harnessing renewable energy sources including solar and wind.

[multibagger] 24/7/2017 16:39

Wonder what could be the potential implications of the above for our technology ?

If we are already embedded in the smart grid connectivity at the home/business premises level, then we are more than likely to have a role to play ?

[multibagger] 22/7/2017 07:53

Many thanks davep4 for kindly sharing - much appreciated :)

[davep4] 21/7/2017 15:36

CyanConnode* (CORP)
Leader of the narrowband


Ticker: CYAN
Market Cap: £26.8m
Price: 0.15p
Target Price: 0.50p

Lorne Daniel
020 7220 0545
[e-mail]



CyanConnode is a global leader in designing and deploying narrowband Internet of Things (IoT) solutions, principally using its RF mesh networking technology. It offers better performance for lower total cost of ownership than rivals, with easy deployment and secure IP-based machine-to-machine (M2M) communication. It has spent many years and £30m developing narrowband RF mesh networking technology and commercialising it in a world-class, award-winning narrowband IoT platform enabling M2M interface for smart-city or IoT applications, including smart metering and smart lighting. The business model currently focuses on volume hardware deployment together with recurring software licences per device, migrating to a licensing/royalty model as volumes increase and improving gross margin. Once a utility has borne the heavy cost of a network deployment, it is likely to be kept for many years and can now be upgraded for new IoT applications; leading to years of recurring high-margin licence fees.

[multibagger] 19/7/2017 12:11

No worries Techno20....I am sure that this target of 0.5p for starters will be reached though patience is required !

[techno20] 18/7/2017 16:41

And I thought a price target of 0.5p would be well received!

Sorry, multibagger, just took the info from the N&P broker feed, so not read / got the report.

[multibagger] 18/7/2017 13:26

Hi Techno20....thanks for sharing the Finncap target.

Is there is a link you can kindly share / post the Finncap report please ?