Cyanconnode Share Discussion Threads

[deltalo] 13/11/2019 01:06

Yes, and Cyanconnode are there on stand M92.

[knowing] 12/11/2019 22:36

European Utility Week in Paris this week. Biggest show in Europe.

[multibagger] 12/11/2019 14:54

I don't think that the CYAN powers that be will allow us to be taken out cheaply, after all these years of waiting and certainly not before the award of any substantial contracts.

A certain NED owns about 10% of the company !!

I think that the Intellismart JV is a policy/regulatory green light from the Govt to their own Organisations to improve their performance, profitability and embrace a capitalist model unashamedly. This may be just the start of the new environment to grow the Indian economy, which has seriously stalled recently.

India has always had issues about being seen as capitalist in government circles (a bit like the China of old) but can see how policy shifts have generated economic powerhouses like China, Singapore etc.

If ever CYAN gets to a market cap of $150-200 million, then there will be an appetite for a sale in my opinion.

[tightfist] 12/11/2019 14:36

Hi MB,Interesting - further alignment of smart-meter enabling industry organisations within India. Do you consider that we are now witnessing the formation of an Indian-owned vehicle that could make a break-up bid for CC BEFORE the award of any contracts that add substantial value? - as suggested in #799.Cheers, tightfist

[multibagger] 12/11/2019 12:55

deltalo re your post 881

Multibagger/I am neither inbound nor outbound - just moribund with the share price :)

[tonys8] 12/11/2019 12:54

I think President Modi wants to speed things up.

[multibagger] 12/11/2019 12:53

Looks like EESL is having global ambitions....it would be good if we are able to partner with them....

"...By 2020, EESL seeks to be a US$ 1.5 billion (INR 10,000 crore) company....

.....EESL aims to leverage this implementation experience and explore new opportunities in overseas market for diversification of its portfolio. As on date, EESL has begun its operations in UK, South Asia and South-East Asia...."

[multibagger] 12/11/2019 12:50

From NIIF website:



NIIF and EESL Partner for Smart Meters deployment across India


Mumbai/Delhi, 10th October 2019: National Investment and Infrastructure Fund (NIIF) and Energy Efficiency Services Limited (EESL) today announced a new Joint Venture, IntelliSmart Infrastructure Private Limited (“IntelliSmart”), to implement, finance and operate the smart meter roll-out program of power distribution companies.
Smart meters will lay the foundation for smart grids which will be crucial to meet challenges of the evolving energy mix and the Government of India’s target of providing uninterrupted 24x7 power supply to every Indian.
The Government of India plans to install 25 crore smart meters in the next few years. With the replacement of 25 crore conventional meters with smart meters, billing efficiency can improve from 80 percent to 100 percent, and has the potential to increase DISCOM revenues by INR 1,104 billion. EESL, has been spearheading the smart meter deployment in India with installation of over 6,25,000 Smart Meters. This partnership of NIIF & EESL will give a fillip to the Smart Meter ambition of the Government of India.
Announcing the Joint Venture, Saurabh Kumar, Managing Director, EESL stated, “India has embarked upon a mission to reduce AT&C losses; proven world over for enabling universal, transparent and responsible energy consumption, and smart meters can play a central role in enabling such an endeavour. We are proud to have an established and experienced institution like NIIF partner with us in scaling our ongoing efforts to transform the market for this technology, and to accelerate its application across the country. This venture will support the ambitions of ongoing government programmes, such as UDAY and National Smart Grid Mission.
Sujoy Bose, Managing Director & CEO, NIIF added, “IntelliSmart will support the efforts of the Indian power sector as it strives towards delivering dependable 24/7 service to end-consumers. Smart meters will play a transformational role in bringing efficiencies and generating significant commercial benefits for power distribution companies, while at the same time empowering end-consumers to make informed choices regarding power consumption. We are delighted to partner with EESL, which has a proven track record of driving energy efficiency by operating at a substantial scale through its strong relationship with all stakeholders.”
With a focus on expediting the deployment of smart meters across the country, IntelliSmart will seek to operate at scale by leveraging the expertise and capital of both the shareholders, EESL and NIIF. IntelliSmart will work collaboratively with all stakeholders to procure, deploy and provide operations and maintenance for the smart meter infrastructure.
Smart meters communicate on a real-time basis with distribution companies enabling remote meter reading and prompt identification of network failures, thereby reducing response time and improving the quality of networks and services. Smart meters also bring benefits to end-consumers by empowering them with consumption data thereby enabling households to lower their energy bills by becoming more energy efficient and contributing to greater security and affordability of the Indian energy market.


Leveraging its extensive experience with smart meters technology, EESL has already secured contracts for IntelliSmart to install and maintain over 1 crore smart meters across various state distribution companies; the JV will work alongside EESL to scale this up further.
For more information, contact:

About Energy Efficiency Services Limited:
Energy Efficiency Services Limited (EESL), under the administration of Ministry of Power, Government of India, is working towards mainstreaming energy efficiency and is implementing the world’s largest energy efficiency portfolio in the country. Driven by the mission of Enabling More – more transparency, more transformation, and more innovation - EESL aims to create market access for efficient and future ready transformative solutions that create a win-win situation for every stakeholder. By 2020, EESL seeks to be a US$ 1.5 billion (INR 10,000 crore) company.

EESL has pioneered innovative business approaches to successfully roll-out large-scale programs that allow for incentive alignment across the value chain and rapidly drive transformative impact. EESL aims to leverage this implementation experience and explore new opportunities in overseas market for diversification of its portfolio. As on date, EESL has begun its operations in UK, South Asia and South-East Asia.


About National Investment and Infrastructure Fund:
NIIF is a fund manager that invests in infrastructure and related sectors in India. An institution anchored by the Government of India, NIIF is a collaborative investment platform for international and Indian investors with a mandate to invest equity capital in domestic infrastructure. NIIF benefits from its association with the Government yet is independent in its investment decisions being majority owned by institutional investors and managed professionally by a team with experience in investments and infrastructure. NIIF aims to make commercial investments in the sector which are feasible and at scale. By providing local access and expertise, NIIF is expected to attract significant international capital in Indian infrastructure.

For more information on NIIF, please visit www.niifindia.in

[deltalo] 12/11/2019 11:37

Well that drop was soon bought up. News on contracts will signed anytime now. Multibager inbound.

[tightfist] 12/11/2019 10:13

Timing is everything now.......

[smithless] 12/11/2019 09:44

£60m of retained losses at the half-year. That's £60m of cash blown on what? The fact the management haven't resigned and still can carry on drawing inflated salaries tell us everything. May get a placing away at 1p, but think investors have woken up to the lies and the end game is soon.

[multibagger] 11/11/2019 11:24

Interesting initiative in Indian strategy to rollout 250 million or in Indian terminology 25 crore smart meters.

1 crore = 10 million

[realist1950] 11/11/2019 09:01

And I know that you know that CYAN have been participating in such events for years.

[multibagger] 11/11/2019 06:56

Good morning all :)

I'm not on Twitter, but this was brought to my attention.....

Looks like we may be in discussions with EESL ? Probably early stages to be fair but confirms that EESL is probably looking for technology partners.
‏

@CyanConnode
22h22 hours ago

We are delighted to be participating in the IntelliSmart roundable @EESL_India #INSPIRE2019 on 12th November #InnovateToINSPIRE hxxp://ow.ly/e4TN50x6SD7
0 replies . 0 retweets 2 likes

[tightfist] 08/11/2019 22:53

The cash cycle of (prospective) manufacturing must be key. Hopefully they have in place a robust working capital solution - or alternatively licensing to Phase 1 majors is drawing close..Lots of questions......

[realist1950] 08/11/2019 14:25

(Correction....I think that was intended as irony)

[realist1950] 08/11/2019 14:24

LOL!

Orange18 Nov '19 - 11:35 - 3370 of 3372
0 0 0
Say what you like, the share price is holding firm. Not true of many other share prices.

[targatarga] 08/11/2019 12:47

Be interesting to see how much cash they’re planning to splash in the next 12 months!

[fred splange] 08/11/2019 11:50

Holding firm at rock bottom, yey!!!

[orange1] 08/11/2019 11:35

Say what you like, the share price is holding firm. Not true of many other share prices.

[realist1950] 08/11/2019 09:45

chortle mtw. Indeed some cyanic irrigation is required.

[mtw] 07/11/2019 22:28

Does he not realise Cronin has a pipeline clogged with orders ?

[realist1950] 07/11/2019 21:07

deltalo over the road posts:

Yes B we already know, and just shows how much the capital is already aquired.
Makes no difference what the share price does before the contracts news lands.
As already stated, contracts are expected to be signed in the coming weeks, and that was from the 31st Oct rns.
Who the hell was selling at 2.1p today as I've heard of a silly boys outing but that takes the biscuit.
Anyway I'm not interested in there stupidity, the fact is the company has already stated the contracts will be signed in the coming weeks and they couldn't say that and misslead the market if it wasn't true.
Multi multibager on the cards and it's only the cleaver one's who can see it.
I will have great pleasure in reminding the disers on there misfortunes.

................................

The slippage has begun:

From saying the shares would sky rocket immediately after his purchase, apparently it now "Makes no difference what the share price does before the contracts news lands"

Oh, and it's 'their' stupidity, deltalo, not 'there' stupidity.

And I think you mean 'acquired'....not aquired.

Oh and 'their' misfortunes.....not 'there misfortunes'

But you're quite right, we're the stupid ones.

With regards to "the fact is the company has already stated the contracts will be signed in the coming weeks"

Cyan have given no guarantee that they will ever arrive. You are misquoting them.

And even IF they do arrive, we all know what a 'contract received but not delivered' means at CYAN.

They have announced over £100M of contracts over the past 6 or so years, deltalo, do you realise that?