Cyanconnode Share Discussion Threads

[the bull] 15/8/2017 10:36

The gross margins on the product must be very poor. How can you pick up $10M orders and it hardly affects the market cap

[multibagger] 15/8/2017 09:26

Fully agree with you philjeans and I have now a large 9 figure holding....either I am going to be very wealthy....or will have to take it on the chin :)

[multibagger] 15/8/2017 09:24

Well, I think the market is mis-reading the CYAN story and I have therefore added another 17,223,153 shares today...

Good luck all :)

[multibagger] 15/8/2017 09:23

Well, I think the market is mis-reading the CYAN story and I have therefore added another 17,223,153 shares today...

Good luck all :)

[philjeans] 15/8/2017 09:17

Bought A FEW million this am as an initial investment. Like the look of the chart, product and order book. May add later.

[multibagger] 15/8/2017 09:02

BRR Media interview with JC on the RNS today...

hxxp://cyanconnode.com/presentations-and-videos/

[multibagger] 15/8/2017 09:01

BRR Media interview with JC on the RNS today...

hxxp://cyanconnode.com/presentations-and-videos/

[tightfist] 15/8/2017 08:51

Hopefully this RNS will mark the break-out to an uptrend, certainly very significant development (and potential) and we are starting to see a little more transparency on revenue generation. Maybe we can carve a similar niche in a few other countries/states, but patience is still required!We must need further substantial orders to cover growing overhead costs - on a more positive note, sales growth must however be out-stripping overhead escalation.

[spike_1] 15/8/2017 08:24

Ive added a handful (1m), as for long term holding, I've held for what seems half a lifetime - I think it was around 21p when I first dabbled - ho hum ;0)

Best wishes - Mike

[cpap man] 15/8/2017 08:01

John Cronin, CyanConnode Executive Chairman, commented: "The size and speed of this further order from our partner for their smart meter deployment in Bangladesh highlights the significant opportunity in the region with the repeat order demonstrating the scalability of our business model. Furthermore, the order size and revenue visibility provided by this 10-year contract further reflects the Company's leading position within the smart metering industry across both emerging markets and Europe."

[ny boy] 15/8/2017 07:54

Long term hold for me but will add more today, patience required but seems very good value

[spike_1] 15/8/2017 07:52

Current price is historically still very low now.

[emptyend] 15/8/2017 07:50

Pity that family commitments led me to miss the recent brief dip.......I was hoping to get another top-up chance but now probably won't....

[multibagger] 15/8/2017 07:11

And another giant order announced today (15.08.2017) - fantastic :)

New $10M Purchase Order Extension in Bangladesh

CyanConnode, the world leader in narrowband radio mesh networks, announces receipt of a $10 million purchase order extension from its specialist in energy management systems customer for a smart metering contract in Bangladesh, South Asia.

This new order more than doubles the accumulated orders from the customer to date to $19 million, with the initial order already having been extended from $5 to $9 million in June 2017. This latest extension for CyanConnode's Advanced Metering Infrastructure ("AMI") solution is for an additional 300,000 units, bringing the total order size to date to 550,000 units.

As a result, the order book, representing the value of purchase orders received but not yet delivered, has grown significantly from £13 million at the beginning of the calendar year to £28 million today, which is in addition to the expected £25 million of software licence and support fees from the UK smart metering contract.

Strengthened Relationship
This latest extension will enable the customer to meet the increased requirements of the geographic territory in Bangladesh that has been awarded to the energy management systems company based in Eastern Europe. The energy management system company, which manufactures approximately 1.5 million utility meters per year, will integrate CyanConnode's hardware with its meters and shipment to their production facility will take place over the next 18 months.

CyanConnode will also provide Head End Server Software, which will be hosted by the energy management system company, with annual software licence income being recognised over a ten-year contractual period following successful smart meter implementation. The recurring revenue software licences and annual maintenance contract, which represents approximately 55% of the purchase order value, will be paid annually and charged on a per meter per year basis.

Growing Levels of Demand
The energy management system company has formed a local entity, a new utility that has entered a long-term agreement with the Bangladeshi Government to provide electricity to consumers. The new utility has a consumer base of four million customers, which provides the potential for further substantive orders. The overall number of electricity consumers in Bangladesh is approximately 58 million. Bangladesh is among four South Asian countries that are struggling due to increasing pressure from rising electricity demand, failure to collect revenue and poor reliability, according to smart grid research specialists Northeast Group. Over the next decade, these countries will make significant investments to modernise smart grid infrastructure, particularly in the metering segment. Smart grid investment is projected to total $8.1 billion over the period 2016-2026, with large-scale funding from the Asian Development Bank, the World Bank as well as bilateral aid organisations.

John Cronin, CyanConnode Executive Chairman, commented: "The size and speed of this further order from our partner for their smart meter deployment in Bangladesh highlights the significant opportunity in the region with the repeat order demonstrating the scalability of our business model. Furthermore, the order size and revenue visibility provided by this 10-year contract further reflects the Company's leading position within the smart metering industry across both emerging markets and Europe."

Certain information contained in this announcement would have constituted inside information (as defined by Article 7 of Regulation (EU) No 596/2014) prior to its release as part of this announcement.

[multibagger] 15/8/2017 07:05

And another giant order - fantastic :)

New $10M Purchase Order Extension in Bangladesh

CyanConnode, the world leader in narrowband radio mesh networks, announces receipt of a $10 million purchase order extension from its specialist in energy management systems customer for a smart metering contract in Bangladesh, South Asia.

This new order more than doubles the accumulated orders from the customer to date to $19 million, with the initial order already having been extended from $5 to $9 million in June 2017. This latest extension for CyanConnode's Advanced Metering Infrastructure ("AMI") solution is for an additional 300,000 units, bringing the total order size to date to 550,000 units.

As a result, the order book, representing the value of purchase orders received but not yet delivered, has grown significantly from £13 million at the beginning of the calendar year to £28 million today, which is in addition to the expected £25 million of software licence and support fees from the UK smart metering contract.

Strengthened Relationship
This latest extension will enable the customer to meet the increased requirements of the geographic territory in Bangladesh that has been awarded to the energy management systems company based in Eastern Europe. The energy management system company, which manufactures approximately 1.5 million utility meters per year, will integrate CyanConnode's hardware with its meters and shipment to their production facility will take place over the next 18 months.

CyanConnode will also provide Head End Server Software, which will be hosted by the energy management system company, with annual software licence income being recognised over a ten-year contractual period following successful smart meter implementation. The recurring revenue software licences and annual maintenance contract, which represents approximately 55% of the purchase order value, will be paid annually and charged on a per meter per year basis.

Growing Levels of Demand
The energy management system company has formed a local entity, a new utility that has entered a long-term agreement with the Bangladeshi Government to provide electricity to consumers. The new utility has a consumer base of four million customers, which provides the potential for further substantive orders. The overall number of electricity consumers in Bangladesh is approximately 58 million. Bangladesh is among four South Asian countries that are struggling due to increasing pressure from rising electricity demand, failure to collect revenue and poor reliability, according to smart grid research specialists Northeast Group. Over the next decade, these countries will make significant investments to modernise smart grid infrastructure, particularly in the metering segment. Smart grid investment is projected to total $8.1 billion over the period 2016-2026, with large-scale funding from the Asian Development Bank, the World Bank as well as bilateral aid organisations.

John Cronin, CyanConnode Executive Chairman, commented: "The size and speed of this further order from our partner for their smart meter deployment in Bangladesh highlights the significant opportunity in the region with the repeat order demonstrating the scalability of our business model. Furthermore, the order size and revenue visibility provided by this 10-year contract further reflects the Company's leading position within the smart metering industry across both emerging markets and Europe."

Certain information contained in this announcement would have constituted inside information (as defined by Article 7 of Regulation (EU) No 596/2014) prior to its release as part of this announcement.

[multibagger] 14/8/2017 14:52

Hi NY Boy,

Thanks for your observation and out of interest, what are the technicals that you think point to a much bigger move ? TIA

[ny boy] 14/8/2017 14:47

CHart technicals point to a much bigger move, stay patient

[cpap man] 09/8/2017 10:48

Simples....someone[s] is/are accumulating CYAN stock!

[ohsod1t] 07/8/2017 15:47

Sell as many as you like! Why are they not moving it up?

[gleach23] 07/8/2017 15:35

Just £12 worth now available to buy online @ .16p (before charges!)...

[gleach23] 07/8/2017 13:55

Max 75k available to buy online currently - just £120 worth. Bodes well...

[sabre6] 05/8/2017 11:02

Dream
I don`t know why but when I think about you the word doughnut springs to mind!

[dreamtwister] 04/8/2017 20:34

the story of pinocio. a long time a go,a old ceo named john cronin hired a ramper to promote the company to investors,that the company was a world class leader in narrow band
and would give shareholders value for there loyalty, but sadly this was not true. so every time the ceo diluted the shares & the share price got weaker, the ramper loyal to his ceo told porkie`s and his nose would grow as a punishment for misleading investors.

the moral of the story, do not believe a ramper & dyor !

[sabre6] 04/8/2017 16:43

dream
How do you work that one out?

[dreamtwister] 04/8/2017 16:13

sabre6 your nose grows longer every time you post,