Cyanconnode Share Discussion Threads

[bscuit] 20/2/2019 10:10

Though curiously I got an IC alert of a trade @8.01.Selling into uplift?

[insanity99] 20/2/2019 09:13

Nice stamp of approval from L&T.

[smithless] 20/2/2019 08:25

I have been negative on this stock for as long as I can remember, but I think it is now beginning to turn the corner. The order book(actual) is looking real and accelerating. Development cost have all but finished and cash burn will fall massively in 2019. Worth a punt IMHO

[multibagger] 20/2/2019 08:02

Hi John,

Agree that the contract size per se, is not huge. It is the demonstration of billing efficiency to the discoms and their learning from that insight and implementing change, is what is a very interesting development to me. Others will soon follow suit - I imagine it is a small world in the energy sector in India and people will be talking and learning from each other.

A very positive development !

[johnwall] 20/2/2019 07:56

Small but welcome increase in revenue but I thought the most interesting point concerned the “dramatic improvements in billing efficiency” seen as a result of the current installation. I know this has long been touted as an advantage of smart meters in India (and other places where there are high ‘non-technical losses’) but is this the first time it’s been demonstrated in practice?

[lwaxf13] 13/2/2019 16:36

According to some geezer over at the glee club Omnimesh has got the industry excited. Cyan has the industry excited?!! Of course they do. Google, Amazon other household names with real iot products and leadership must be shaking in their boots.

[tightfist] 09/2/2019 07:35

Thanks davep4, the last few lines go some way towards addressing my fears about IP leakage to BI and also ceding our SEAsia market potential to them.At the highest level I see statements that the Chinese are suddenly transforming to a culture of IP-integrity; sorry, their cavalier attitude is totally ingrained IMHO.Cheers, tightfist

[cumnor] 08/2/2019 22:19

9-5 clerical job bit unexciting iwax? Look forward to the Fri night excitement of posting on Cyan like clockwork? Takes all sorts.

[lwaxf13] 08/2/2019 22:06

Oh my. Thought I would look in on this just now and it’s good to see that this world leading crock is doing its special world leading thing. Down we go. Good news is that no one from the world leading Team Cyan is sacked for this train wreck.

Must be time soon for bonuses or time for more options?

[cancun tango] 08/2/2019 12:56

What's that they say about pride? No one gets away with being smug here for long.

[davep4] 07/2/2019 17:32

I believe that all the asymmetric key does is to identify the module to the head end software, which will, in turn, verify the qty of modules manufactured by BI. There is no IP in the modules, it all in the headend software, which is under the control of CC.

[bscuit] 07/2/2019 16:10

One presumes this asymmetric key is meant to reassure Cyan directors/shareholders that there is an element of oversight about technology transfer? In practical terms, it must surely be feasible to take the technology and engineer around the asymmetric key?

[davep4] 07/2/2019 15:53

Strategic Partnership With Beijing Instruments
In December 2018, CyanConnode was delighted
to announce that it had signed its first Licensing
Agreement with a Chinese Partner, Beijing
Jingyibeifang Instruments Co Ltd (Beijing
Instruments), for the manufacture of Advanced
Metering Infrastructure RF Modules and Gateways.
The RF Modules will be incorporated into
Beijing Instruments’ next-generation smart
meters, which will offer an IPv6 standardsbased solution for international markets.
The Licensing Agreement was a milestone for CyanConnode, resulting in a strong partnership
that will present opportunities for the commercial rollout of CyanConnode’s technology in new
territories. Due to its structure, the Licensing Agreement will have minimal impact on
CyanConnode’s cash outlay.
Who are Beijing Instruments?
Beijing Instruments was established in 1977 and was one of the first manufacturers of watt-hour electric
meters that were supplied to state-owned enterprises. Beijing Instruments is located in the Daxing
Industrial Development Area, where it has a 30,000 square metres facility with around 400 employees,
and it also has a joint venture in Bangladesh.
Beijing Instruments has been a main supplier to the State Grid Corporation of China since 1998 and
has won contracts in Beijing, Henan Province, Hebei Province, Xinjiang Province, Gansu Province and
Hubei Province, as well as overseas contracts in Nepal, Bangladesh, Indonesia and Sri Lanka.
Revenue Model
Revenue from the agreement will come from three streams:
1. Income from the manufacture of hardware: The hardware manufacturing license gives Beijing
Instruments the right to manufacture a specific, limited number of RF Modules and Gateways. A
royalty will be paid per unit of hardware manufactured and the value of the agreement relating
to royalties equates to approximately $4m, over a 2-year period. When the specified number of
RF Modules and Gateways have been manufactured, it is the parties’ intention to enter into a
further royalty agreement. CyanConnode will also provide Beijing Instruments with design and
manufacturing support services, that will result in additional revenue.
2. CyanConnode will also receive revenue from perpetual and/or term software licenses, as
structured under its existing business model. For security and the integrity of the
system, when each RF Module is deployed there is a unique handshake that identifies it to the
CyanConnode headend software. The handshake is a unique asymmetric key, which protects
both Beijing Instruments and CyanConnode’s business model.

[davep4] 07/2/2019 15:44

Strategic Partnership With Beijing Instruments
In December 2018, CyanConnode was delighted
to announce that it had signed its first Licensing
Agreement with a Chinese Partner, Beijing
Jingyibeifang Instruments Co Ltd (Beijing
Instruments), for the manufacture of Advanced
Metering Infrastructure RF Modules and Gateways.
The RF Modules will be incorporated into
Beijing Instruments’ next-generation smart
meters, which will offer an IPv6 standardsbased solution for international markets.
The Licensing Agreement was a milestone for CyanConnode, resulting in a strong partnership
that will present opportunities for the commercial rollout of CyanConnode’s technology in new
territories. Due to its structure, the Licensing Agreement will have minimal impact on
CyanConnode’s cash outlay.
Who are Beijing Instruments?
Beijing Instruments was established in 1977 and was one of the first manufacturers of watt-hour electric
meters that were supplied to state-owned enterprises. Beijing Instruments is located in the Daxing
Industrial Development Area, where it has a 30,000 square metres facility with around 400 employees,
and it also has a joint venture in Bangladesh.
Beijing Instruments has been a main supplier to the State Grid Corporation of China since 1998 and
has won contracts in Beijing, Henan Province, Hebei Province, Xinjiang Province, Gansu Province and
Hubei Province, as well as overseas contracts in Nepal, Bangladesh, Indonesia and Sri Lanka.
Revenue Model
Revenue from the agreement will come from three streams:
1. Income from the manufacture of hardware: The hardware manufacturing license gives Beijing
Instruments the right to manufacture a specific, limited number of RF Modules and Gateways. A
royalty will be paid per unit of hardware manufactured and the value of the agreement relating
to royalties equates to approximately $4m, over a 2-year period. When the specified number of
RF Modules and Gateways have been manufactured, it is the parties’ intention to enter into a
further royalty agreement. CyanConnode will also provide Beijing Instruments with design and
manufacturing support services, that will result in additional revenue.
2. CyanConnode will also receive revenue from perpetual and/or term software licenses, as
structured under its existing business model. For security and the integrity of the
system, when each RF Module is deployed there is a unique handshake that identifies it to the
CyanConnode headend software. The handshake is a unique asymmetric key, which protects
both Beijing Instruments and CyanConnode’s business model.

[lwaxf13] 07/2/2019 08:01

Maybe they could use that as vindication of their world leading business expertise at the future dog and pony shows to lure in mug punters.

Big PowerPoint slide

“We have an investor who is in profit”

[davep4] 07/2/2019 00:25

Wow! £920 of stock.

[davep4] 07/2/2019 00:22

I think it is fabulous news that a PI is in profit.

[detective1] 05/2/2019 22:29

You sound bitter and extremely under water. Not so for me.

[lwaxf13] 05/2/2019 22:10

Picking up nicely indeed. Team Cyan must be delighted that it is holding above the recent all time low and is now only down about 90% since they came on board with their world leading experience. Needs to get to 80p+ to just have stood still for almost 5 years. Top stock :-)

[dave4545] 05/2/2019 12:06

Only 10k max online at 9.2p now

[detective1] 05/2/2019 11:04

SP slowly picking up here, good news due soon?

[lwaxf13] 31/1/2019 23:18

Did the dog and pony show go ahead? No news from the cheer leader over at the Glee Club. Maybe Team Cyan did not make it. We all know how complicated it is catching a train to London. Very difficult.