Cyanconnode Share Discussion Threads

[cancun tango] 27/9/2019 08:12

 'The Company is working on several large tenders, both in India and the rest of the world, which the Board believes will result in significant new orders in H2 2019 which the Company hope to announce before the end of October 2019.'So, at least two new 'significant' orders in less than 5 weeks time. It'll be interesting to see how they define significant. And even more interesting to see how long after the announcements comes the placing. 

[multibagger] 24/9/2019 11:43

Thanks tightfist for your valid observations that there are different possible revenue models depending on when and where they are in play. What I have mentioned is the most recent indicative figures that I have been able to glean from various sources as to what CYAN component of revenues are and are pertinent to most Indian contracts. The figures mentioned do not include the cost of meter or other hardware equipment etc as it is not really relevant to us per se. I appreciate that there may be other revenue models in the RoW / Nordics etc. Sorry if I was not clear about this in my earlier post. In my tunnel vision re CYAN revenues, Indian revenues are really what I am banking on - anything over and above from RoW or the UK would be a very welcome bonus.

[tightfist] 24/9/2019 10:24

Hi MB,I acknowledge that you follow CC a lot closer than me, but please can you check your unit revenue figure? The scope-of-supply is surely critical and they have encompassed complete meters (early on, proof of concept), to comms cards, and now towards licences - accompanied by a range of maintenance and AMI communications/billing arrangements.And they all have their own cash flow characteristics, some spanning many years forward.....Cheers, tightfist

[multibagger] 23/9/2019 07:33

Each smart meter is worth about $25- 30 for us - I imagine for large orders there is very likely to be a volume discount. There is a US dollar forex volatility element as the electronic components for the Network Integration Card (NIC)- which the communication part of the meter (is what connects the smart meter to the RF mesh.) Components are sourced from Taiwan apparently. The Contract Equipment Manufacturer (CEM) absorbs upto 5% of forex volatility, but anything more we'll have to absorb. Typically, 55% revenue in the first year 25% in the second 5% per year x 4 In India, all our payments/receipts are in denominated in Indian Rupees, but converted to USD for consistency across global revenue streams. So hopefully, if we have a RNS or two landing, we have a ball park figure handy as to what the contract(s) maybe worth.

[multibagger] 20/9/2019 08:57

29 working days till 31 Oct by my reckoning...so maybe next week ? Good to see tight liquidity and small purchases moving the share price - if and when there is a good commercial RNS, the buying activity should propel the share price upwards quickly. We'll need a few of those to break even though.

[tightfist] 20/9/2019 08:28

Absolutely! - but not an RNS I am looking for this side of Xmas!

[multibagger] 20/9/2019 08:17

Couple of early morning decent buys 250k and 149k and about £20k in total. Annual ISA purchase ?? If it is, then a sign of confidence ! Here's hoping :)

[cancun tango] 20/9/2019 07:23

Would you count a placing RNS as a game changer?

[multibagger] 20/9/2019 06:47

Good morning tightfist and all :) Let's hope the share price rise earlier this week on small volumes, indicates a cautious return to the market by some and the first signs of a subtle shift in market sentiment. A RNS or two/more would be most welcome !

[tightfist] 19/9/2019 22:02

Very sensible, it would require a massive climb-down to introduce CC in the north - lots of egg on Arqiva face!Fingers crossed that we get at least one game-changing RNS in the next six weeks....... but definitely not holding my breath!

[tightfist] 19/9/2019 21:58

That makes sense - after all, the idea is that you no longer need to look at the actual meter! But the in-house usage display - that's a different story.

[emptyend] 19/9/2019 14:32

Just to be clear, there was no mention of NPower that I could see on the SKU2(? I think) meter itself but it came with NPower leaflets and an NPower-branded consumer display.

[cancun tango] 19/9/2019 11:05

You've had the pump.....

[tightfist] 19/9/2019 08:26

Hi MB,Thanks for that link, particularly useful to see again through the link the artwork summary (line 8) of the different SKU's. emptyend mentions NPower; I suppose different utilities may be overlaying (externally laser printing?) their branding on the surface of the generic range of Toshiba boxes?I have been away on holiday so may have missed something...... I noted some speculation here a couple of weeks ago that Arqiva were experiencing ongoing challenges in rolling-out their technology in the north? Is this hard-wired anywhere to the very recent formal government acknowledgement that SMETS2 completion will be late and more costly? And, more importantly, in your opinion is it linked somehow to the recent mini-surge in the CC sp! On the face of it the extended discounting of onset of maintenance income would suppress the share price Instead, are CC getting positioned to pick-up some juicy crumbs??Cheers, tightfist

[multibagger] 18/9/2019 23:02

Hi emptyend....tightfist is right that there are variants The datasheets for the CPA approved Toshiba CHUBs (SKU2 and SKU3 variants) are also listed on the DCC website Https://www.smartdcc.co.uk/document-centre/communications-hubs/communications-hub-product-information/ A close collaborative partnership between CyanConnode, Telefónica and Toshiba resulted in a solution for second generation smart meters (SMETS2) to overcome network challenges to ensure that a smart meter remains ‘smart.’ Telefónica, (appointed as the preferred SMIP communications service provider for two-thirds of the UK), promoted CyanConnode’s Radio Frequency (RF) Machine-To-Machine (M2M) technology to extend the reach of its existing mobile (cellular) network, into locations where the cellular signal was not available (‘not-spots’). Embedding CyanConnode’s technology into the Toshiba SMETS2 Telefónica Communications Hub has enabled smart meters to be in ‘not-spots’ [CyanConnode’s] RF mesh capability provides standards-based, critical infrastructure grade security that comprises: Public Key Infrastructure certificates and certificate management Key storage in Hardware Security Modules (HSMs) State of the art cryptography ensure confidentiality, integrity, and availability of business data functions The Government Communications Headquarters (GCHQ) has defined a set of security requirements that are assessed under the standard Consumer Product Assurance (CPA) scheme. [CyanConnode’s] RF mesh technology has been tested as part of the CPA process for Toshiba’s Communication Hub by an accredited test laboratory. The CPA approval for the Toshiba product is listed on the National Cyber Security Centre (NCSC) website Https://www.ncsc.gov.uk/section/products-services/all-products-services-categories?productType=Smart%20metering NCSC is the UK’s independent authority on cyber security.

[emptyend] 18/9/2019 18:41

...mmmm....interesting. I suspect if there are different versions then they are supplied to different installers. The box I saw was an NPower version. No easy way of telling what the full spec was.

[tightfist] 18/9/2019 16:27

Hiya,I understood from somewhere (maybe from the London springtime meeting?) that there are actually three models of Toshiba SMETS2 Smart meter, not all of which have the "top hat" on top? (which contains the CyanConnode mesh networking module).Worth checking out to see if we can a better understanding of the context of multiple comments. If correct, do do they have all three on the shelf in the installation van? I am on Economy7 tariff so I understand there is no Smart Meter available, and I don't wish to opt-out of the E7 tariff.Good luck, tightfist

[emptyend] 18/9/2019 15:21

....I discover NPower now owned by German company E.On......so much for German efficiency! ....

[stocktrend1] 18/9/2019 07:58

8p Broker target for Mpm a few months ago (sp under 1p) Commercial agreement Directors daughter bought £20,000 Asian institution bought £500,000 Tax rebate due More news coming

[multibagger] 17/9/2019 07:43

UK SMETS2 roll out timeline pushed back to 2024... Https://www.bbc.co.uk/news/business-49721436

[multibagger] 16/9/2019 18:46

Updated flag counter as I had set visits from countries too low - now reset to collect flags from 150 countries. Most would call me wildly optimistic I presume ! Sorry for losing the old flag counter info - in case anyone was keeping track ? We had got upto 9451 visitors or thereabouts from 24 countries.

[multibagger] 16/9/2019 18:35

A hat trick of "Blue" days and hope I have not jinxed it :) Even if a bit of my ARC luck rubs off...CYAN will be rocketing !