Cyanconnode Share Discussion Threads

[yump] 25/9/2017 08:44

We'd like your products and here's almost half the contract value in advance.

In your dreams.

[stupidboypike] 25/9/2017 08:43

Hi MB, I see. I strongly suspect "lazy reporting" as I think more would have been made of the fact had it been upfront, but as you say a question for the GM.

Best regards

SBP

[multibagger] 25/9/2017 08:33

Hi SBP

...that is precisely the point.

RNS makes no mention of "upfront"

Research Tree report by James Rippon does...could be "lazy reporting" without checking the facts.

"....The Group will receive $13m upfront with the majority of deliveries expected in years two and three...."

A question for the GM on 02 Oct 2017...

Best wishes, Multi

[stupidboypike] 25/9/2017 08:21

multibagger, where did the phrase "upfront" come from in relation to the $13m?

The RNS says:-
CyanConnode will receive $13 million for the provision of hardware with the majority of deliveries expected to be weighted towards years two and three.

No implication of "upfront"

Best regards

SBP

[multibagger] 24/9/2017 14:44

The deal is the Group's largest order to date, and takes the order book value to $100m, $33m of which is in the UK.

Shares jumped 20% in early trading to 0.18p, making back the lost ground of last week with two RNS announcements from the Group.

Research Tree Blog - James Rippon

This is the bit that caught my attention......"The Group will receive $13m upfront with the majority of deliveries expected in years two and three.."

Article:
The $29m deal is "significantly larger" than any other for the Group.

Companies: Cyanconnode

Cyanconnode (LON: CYAN) has announced today it has received a $29m purchase order for smart metering deployment in the Ukraine.

The order from NIK LLC is for the supply of CyanConnode's hardware and software infrastructure for a 1 million unit smart metering deployment to be delivered over the next three years.

The Group will receive $13m upfront with the majority of deliveries expected in years two and three.

The order is the first for the Group in Eastern Europe, expanding their geographical reach.

John Cronin, CyanConnode Executive Chairman, commented:

"We are pleased to announce such a significant order from our partner, in a new geographic region. This latest contract win further demonstrates the suitability of CyanConnode's award-winning technology for smart metering implementations and the scalability of its collaborative business model."
Mr. Cronin also spoke to BRR Media in an interview which goes into detail about the purchase order.

According to a recent report by market intelligence firm Northeast Group, Central and Eastern European countries are forging ahead with investment in smart grid infrastructure. These markets are set to invest US$25bn over the next ten years.

Cyanconnode currently has a market cap of c. £30m, as share prices have remained relatively flat for the three years to September 2017.

After five years of flat revenue growth, FY16 saw a sharp spike in revenue as the Group began to commercialise its operations. Net profits, however, continued to swell with this widening expected to continue into FY17 and beyond.

[multibagger] 24/9/2017 14:44

The deal is the Group's largest order to date, and takes the order book value to $100m, $33m of which is in the UK.

Shares jumped 20% in early trading to 0.18p, making back the lost ground of last week with two RNS announcements from the Group.

Research Tree Blog - James Rippon

This is the bit that caught my attention......"The Group will receive $13m upfront with the majority of deliveries expected in years two and three.."

Article:
The $29m deal is "significantly larger" than any other for the Group.

Companies: Cyanconnode

Cyanconnode (LON: CYAN) has announced today it has received a $29m purchase order for smart metering deployment in the Ukraine.

The order from NIK LLC is for the supply of CyanConnode's hardware and software infrastructure for a 1 million unit smart metering deployment to be delivered over the next three years.

The Group will receive $13m upfront with the majority of deliveries expected in years two and three.

The order is the first for the Group in Eastern Europe, expanding their geographical reach.

John Cronin, CyanConnode Executive Chairman, commented:

"We are pleased to announce such a significant order from our partner, in a new geographic region. This latest contract win further demonstrates the suitability of CyanConnode's award-winning technology for smart metering implementations and the scalability of its collaborative business model."
Mr. Cronin also spoke to BRR Media in an interview which goes into detail about the purchase order.

According to a recent report by market intelligence firm Northeast Group, Central and Eastern European countries are forging ahead with investment in smart grid infrastructure. These markets are set to invest US$25bn over the next ten years.

Cyanconnode currently has a market cap of c. £30m, as share prices have remained relatively flat for the three years to September 2017.

After five years of flat revenue growth, FY16 saw a sharp spike in revenue as the Group began to commercialise its operations. Net profits, however, continued to swell with this widening expected to continue into FY17 and beyond.

[emptyend] 22/9/2017 21:09

56 million trade at 0.158 reported after the close......

[stav5001] 22/9/2017 16:47

Iwax

Don't forget, I am also after a CYAN position, I think we would work well together, like-minded. LOL!

I can see that the share price has really taken off after our great announcement.

[lwaxf13] 22/9/2017 16:07

Lol before the end of 2019!!! Nice work if you can get it.

I could use a job with low expectations of me. Must get my CV in. I reckon I could under deliver as well as the next man ;-)

[davep4] 22/9/2017 14:50

Finncap projects they will break into positive cash flow before the end of 2019:

"We have adjusted our cash flow forecast for the £8.6m placing at 28p. This additional funding should help to bridge a gap to cash flow breakeven, towards the end of FY 2019. We also adjust for a 200:1 share consolidation, and the issuance of 30.8m extra shares takes the number in issue to 120m, lifting the current share price from 0.14p to 28.0p and our target price from 0.5p to 100p."

[lwaxf13] 22/9/2017 13:50

The big question is when will they be back again with the begging bowl for more money? Seems to be the only way to keep this gig going and not to the benefit of private investors.

Based on years of form I give them about 8 months and will be out of cash again.

[dreamtwister] 21/9/2017 15:03

broker, would you like to increase your holdings for your cfd ?

pi,thanks for the offer,but no thankyou !

broker,awww go on !

pi, no thankyou !

broker,why not ?

pi,because i would have to declare my interest !

broker,awww go on !

pi,my rollover is going sweetly and my buy target of 0.014 is in sight !

broker,last chance are you sure ? we can not tempt you !

pi,lets talk after consolidation when the share price falls after the spike ! i may consider buying some for the wife,althou she has a nasty habit of biting her nails,i will hide her teeth !

broker ok we will talk after consolidation,i hope you find your wifes teeth,so you can bite your nails ! when cyan become world leader and contracts roll in,"goodluck"

pi.....f/o

[rochdale] 21/9/2017 13:47

emptyend - fair comment.

[bskiny1] 21/9/2017 12:42

Gem...In that case more sells than buys...Thanks B

[gemlotte55] 21/9/2017 12:38

sells at 0.155 bskiny1, anything above is buys

[bskiny1] 21/9/2017 12:34

all buys but no share price movement..

[multibagger] 21/9/2017 07:04

Good morning tightfist and all :)

I attribute the hitches and delays in the Indian tender due to sheer scale of the project - sorting out a democratic country with 1.3 billion people is no small matter ! Apart from the Aadhar (national digital identity card) and things like voting, I don't think that any infrastructure project has been attempted on this scale and more importantly centrally coordinated.

It is a highly complex project and there will be teething problems....but it will happen, in fits and starts at the worst.

I am of the view that CYAN will be involved in a major way in partnership with a number of local players and manufacturers - in a "relationship based" business culture, JC has invested heavily in building and nurturing those relationships. It will pay off big time. The local partners know the ground and know how to do business in India - so the appointment of Anil Daulani is a critical piece in the overall jigsaw.

Generically speaking - a key feature of the difference between western and eastern cultures in terms of business planning is that in the West, the planning process and discussion is shorter, arguments more rife and implementation quicker, and changes in trajectory are done during implementation. However, delays due to lack of ownership can cause hurdles. Our Smart Meter rollout could be a victim of this.

In eastern cultures, there is a much longer lead time in discussions, debates and planning with deference to hierarchy, but once the project is signed off, then there are fewer arguments and it is completed. Aadhar programme

(Reimagining India and Rebooting India by Nandan Nilekani, one of the founders of global IT giant, Infosys are books which give a good insight into the Indian perspective and issues. Nandan was the brain behind Aadhar card programme )

The Indian PM appears to rule with an iron fist (when it suits and is convenient) and has grand visions - so Smart Metering and the electrification of India could be one of his better legacies as he is widely expected to return to power comfortably in 2019.

So though smaller countries may appear to be stealing the march, the Indian jumbo is awake, but has not stirred, as yet. And when she does, CYAN will be leading her and her herd....

Anyone going to the GM at Cambridge on 02 Oct ?

Good luck all :)

[multibagger] 21/9/2017 07:03

My post with regards to delays in the Indian tender....posted elsewhere

I attribute the hitches and delays in the Indian tender due to sheer scale of the project - sorting out a democratic country with 1.3 billion people is no small matter ! Apart from the Aadhar (national digital identity card) and things like voting, I don't think that any infrastructure project has been attempted on this scale and more importantly centrally coordinated.

It is a highly complex project and there will be teething problems....but it will happen, in fits and starts at the worst.

I am of the view that CYAN will be involved in a major way in partnership with a number of local players and manufacturers - in a "relationship based" business culture, JC has invested heavily in building and nurturing those relationships. It will pay off big time. The local partners know the ground and know how to do business in India - so the appointment of Anil Daulani is a critical piece in the overall jigsaw.

Generically speaking - a key feature of the difference between western and eastern cultures in terms of business planning is that in the West, the planning process and discussion is shorter, arguments more rife and implementation quicker, and changes in trajectory are done during implementation. However, delays due to lack of ownership can cause hurdles. Our Smart Meter rollout could be a victim of this.

In eastern cultures, there is a much longer lead time in discussions, debates and planning with deference to hierarchy, but once the project is signed off, then there are fewer arguments and it is completed. Aadhar programme

(Reimagining India and Rebooting India by Nandan Nilekani, one of the founders of global IT giant, Infosys are books which give a good insight into the Indian perspective and issues. Nandan was the brain behind Aadhar card programme )

The Indian PM appears to rule with an iron fist (when it suits and is convenient) and has grand visions - so Smart Metering and the electrification of India could be one of his better legacies as he is widely expected to return to power comfortably in 2019.

So though smaller countries may appear to be stealing the march, the Indian jumbo is awake, but has not stirred, as yet. And when she does, CYAN will be leading her and her herd....

Anyone going to the GM at Cambridge on 02 Oct ?

Good luck all :)

[tightfist] 20/9/2017 22:04

emptyend,Too right, cutting a competitive deal in India is agonisingly slow - eventually I retired before a deal got done!I have been concerned for a long time that Cyan are potentially becoming too powerful in India. I would be concerned about that if I was the Indian government.....Very pleased to see this morning the first concrete evidence of intended licensed manufacturing by a 3rd Party..... JC is Walking the Talk.Cheers, tightfist

[davep4] 20/9/2017 15:23

It has been going on for years!

[emptyend] 20/9/2017 15:11

RogerRail/Rochdale,I suspect you haven't tried to sell to India or some of the other emerging markets. Getting signatures on contracts can be a truly tortuous process - and I can imagine that getting people to actually make a decision is very frustrating if your piece of the tech package is being used by 80% of the bidders! It can go on for years!

[davep4] 20/9/2017 14:57

Realistic Skinny!

[falia] 20/9/2017 11:49

TYRU UP 20% AND RISING GUYS

[cpap man] 20/9/2017 11:30

Interesting that my [initial] share price target for CYAN was circa 120p [post con] where as FINNCAP have gone for 100p [post con] which is 0.50 [pre con]