Cyanconnode Share Discussion Threads

[davep4] 03/4/2019 08:51

Sounds like the UK Toshiba solution.

[mtw] 03/4/2019 08:25

Watch for yet another pilot that will be announced, maybe to ease the inevitable placing...

[multibagger] 03/4/2019 07:55

The partner network and customer base is expanding in India....

3 April 2019

CyanConnode Holdings plc

("CyanConnode" or the "Company")

New Order for Smart Metering Utility Project in India

CyanConnode Holdings plc, (AIM:CYAN), a global leader in Narrowband Radio Frequency (RF) Smart Mesh Networks, is pleased to announce that it has received a purchase order from a new Partner for an Indian state-owned Utility, who is also a new end-customer. This order, for a deployment of 3,000 smart meters will use a hybrid RF Smart Mesh and Cellular communications network. Delivery of the project and recognition of revenue will be during 2019.

The purchase order is for CyanConnode's award-winning technology, Omnimesh, which provides smart metering capability for Utilities. This is the first order from this new Partner, who is a system integrator that provides Utilities with solutions to improve customer service, as well as reducing non-technical losses. The Utility will evaluate the benefits of using a hybrid RF Smart Mesh and Cellular network. CyanConnode expects to receive follow on orders when the evaluation process has been completed.

Anil Daulani, CEO & Managing Director of CyanConnode India, commented:

"I am pleased to announce this order for Omnimesh from our new Partner, whose end-customer is an Indian state-owned Utility. Omnimesh is a proven technology, which enables Utilities to gather complex, accurate and timely data, thereby reducing non-technical losses. I am excited that it is now going to be used for the deployment of a hybrid RF Smart Mesh and Cellular network.

CyanConnode is participating in large scale smart metering programs and it anticipates increasing deployment of its technology to meet the Indian government's plans to replace all existing electricity meters with smart prepaid meters, during the next few years.

Through our growing partner eco-system and dynamic bonds with utilities and government officials, standards bodies and regulators, CyanConnode continues to strengthen its award-winning technology for the Indian smart meter market."

[lwaxf13] 02/4/2019 08:16

It’s a crock basically. It has a history of fund raising to keep the payroll going, flip flopping strategies, big salaries, bonuses, consulting fees and pathetic low bar options to enrich the underperforming management who imo are seriously not up to the job.

[cielos] 01/4/2019 23:26

The 2 years chart doesn't look pretty at all, is certainly on a downtrend

[orange1] 01/4/2019 22:54

Less than five months ago the share price of CYAN was nearly three times the price today.

Other than the selling of shares by Legal and General (announced today) can anybody on this thread think of any earthly reason why that might be?

[multibagger] 28/3/2019 20:18

Posted from the other thread...

Courtesy of, and with thanks to Imperiallondon.


The Government Communications Headquarters (GCHQ) has defined a set of security requirements that are assessed under the standard Commercial Product Assurance (CPA) scheme.

The CPA approval for the Toshiba product is listed on the National Cyber Security Centre (NCSC) website. The NCSC is the UK’s independent authority on cyber security.



The datasheets for the CPA approved Toshiba CHUBs (SKU2 and SKU3 variants) are also listed on the DCC website :

[lwaxf13] 24/3/2019 21:38

I watched the cringe worthy presentation that someone had posted over at the not so glee club. Good to hear someone ask to see the share price chart. After that audience question it was a hasty exit off stage. IMO Cyan should put the share price chart up at their dog n’ pony shows with an arrow on the date JC joined so everyone can see what a big hitter difference he has made. Underneath they could put a chart of how many millions they have burned and under that a chart of director salaries and bonuses.

[lwaxf13] 19/3/2019 19:37

Very disappointed with today’s news. I saw the headline and thought “at last we are shot of JC” but alas not. He stays on board as our world leading heavy weight with a Midas touch in share value destruction. HB met all his objectives which is neither here nor there because they had no positive impact on the business that shareholders can see.

Is this next bit for real? See the company grow?!! To what? A fund raising machine with a monthly payroll to meet.

“I would also like to thank Harry and Paul for their contribution to the Company, which has helped see the Company grow over that time."

Lord help us.

[mtw] 19/3/2019 09:42

Yet more arrogance in lieu of shareholder value. Lack of meaningful "revenue providing orders" to demonstrate Cronin's "company transforming" strategy in the "news flow phase", he announces regardless that he heads the "world leading company in IOT for smart city solutions". He cannot be accused for letting the facts get in the way of his RNS announcements for sure.

[davep4] 19/3/2019 07:20

Looks like Sliced Bread Man is Toast.

[escapetohome] 14/3/2019 21:02

Jeepers am i glad sold out of this years ago.

Fund raising after fundraising dilution after dilution.


A real investor’s worst nightmare.

Cue next consolidation and raising.

Only share that is worse is kdr.

[sefton1] 14/3/2019 20:38

Even the fleas have deserted this dog.

[mtw] 14/3/2019 18:15

Looks like Cronin's pipeline has sprung a leak in the news flow phase. Maybe all those company transforming white label orders have been lodged.

[lwaxf13] 14/3/2019 16:40

Impressive!!! A new all time low. Whatever we are paying JC and that other big hitter is clearly not enough. These guys are top of their game. I reckon they are good enough to get it back below 1p. Easy peasy. Come on JC and HB. Show us more of your special skills.

[kwizza] 14/3/2019 16:32

Won,t be long before below 1p again will it ?

[smithless] 14/3/2019 16:06

William David Johns-Powell it's major shareholder and director is down over £2m since his initial investment in Cyan - that's painful even with EIS relief. He's either a mug(most likely) or see's something?? Down 9% today on £20k of trades. Loss for FY2018 ? £4m?

[lwaxf13] 11/3/2019 22:10

lol, afraid not. You won’t find a top quality management team here. Best you try some other company bulletin boards where the management actually have a clue.

[orange1] 11/3/2019 19:39

Apparently the Brexit impasse could be resolved if the EU can be persuaded that a backstop isn't necessary because it is possible to deploy an appropriate technological solution.

Does anybody on this thread know of a world leading technology company led by a top quality management team that could rise to this challenge within the short required timeframe?

[lwaxf13] 07/3/2019 17:05

Break even?!! As if!!! Not going to happen imo. This lot have had years to show off their world leading special skills in failure and I expect them to destroy the share price to 0p. At that point the gravy train hits the buffers :-)

Ps what happened to that order book of about $100M? Was that just bs?

[mtw] 07/3/2019 11:49

Arden (are they Cyans brokers ?)have come to the conclusion that it will be 2020 before break even. Maybe that poster over at lse should have a word with them. More dilution on the way looks inevitable.

[lwaxf13] 05/3/2019 18:31

Not to be trusted imo. I do not believe one word this company says. It is indeed up 300% and not 400%. Maybe some of the world leading team can get a bonus for that 400% increase :-)

Gravy and train spring to mind and nice work if you can get it for performing so pathetically.