the old trout
08 Dec 2016
Orders Three in the space of a week now , yet no comment here today. The company seems to be gaining traction worldwide yet zilch in the way of share price movement. Four pages of posts on lse board with some speculating that another placing might be coming our way, given the lack of sp movement.It would be nice to think that given the progress they are now making if there were a need for additional capital it would be raised at a premium to the current share price, but then I am the eternal optimist!Good luck all,T
inthetin
07 Dec 2016
Mr Softbank..... ......needs to stop wasting his time with Trump and get his ar*e back to Cambridge to meet our Chump and 'snap up' CC for £100M+.www.bbc.co.uk/news/business-38232592You would hope that he's heard of CC at least.
inthetin
06 Dec 2016
Re: Beaufort's Breakfast Alert - Only 0.... Perhaps there are umpteen little orders being made to umpteen suppliers by TATA in an attempt to keep their options open. Then, the one that finally tickles their fancy gets the proper order. No need for them to pile in right now while there's so much R&D cash being chucked at the problem. Eventually, you would think that a solution that surpasses Cyan's offering will materialise.
Chip_Scashtin
06 Dec 2016
Re: Beaufort's Breakfast Alert - Only 0.60p Well, that was pretty much what I meant to say. It just struck me that the third 5,000 meter order is significant. If this project was going into the long grass I don't think that would have happened. So we might actually be getting somewhere in India. That said, a really big order would be nice.
inthetin
06 Dec 2016
Beaufort's Breakfast Alert - Only 0.60p They keep getting their sums wrong but nobody reads these things anyway, so it doesn't matter:-Our view: Smart metering is on the cusp of dramatic global expansion. Given the scale of such significant, long-term installations, major groups adopting such technologies generally chose to limit their dependence on a single supplier by sourcing alternative providers of equivalent, usually wholly compatible, equipment from other independent producers. In placing a third such order with CyanConnode, however, in order to expand deployment at Tata Power Mumbai, L&T is effectively recognising that no peer is capable of matching CyanConnode's cost-optimised narrowband RF mesh solution. This is particularly relevant, given the fact that the Group also offers effective 'future proofing' through its standards-based solution, which permits rapid integration of converged networks in order to facilitate applications in smart cities and IoT, into which India expects to evolve in coming years. As such, the country continues to be a focus market for the Group and is now in a leading position with an established in-country team as well as a large partner eco-system. Indeed, this was validated earlier this month, as members of the management team attended the UK Department of International Trade's delegation to India, led by Prime Minister May and participated in a Federation of Indian Chamber of Commerce and Industry held in Sweden, where Indian Power Minister, Piyush Goyal, discussed his vision to make India 100% smart in the next 5-6 years. The global opportunity in provision of such a benchmark standard for the evolving industry was detailed in a major report from Beaufort earlier this year, which provided a comprehensive review of CyanConnode's vision. The note points out the World Bank's extraordinary demonstration that it is three-times cheaper for utilities to save 1kWh of electrical energy by improving network efficiencies than investing in new generating capacity. Such losses in developing regions, along with the need for much better demand response in developed territories, are now the single most pressing issue for utility groups worldwide. The note goes on to show that a comprehensive and cost effective solution can be found through the implementation of sophisticated smart metering programmes, such as that offered by CyanConnode. As such, the report concluded this now represents a giant, unfulfilled, scalable and truly global growth opportunity with the potential to attract large, long-term and exceptionally sticky customers. Recent equity issuance has build-up working capital that will be required by the Group in the coming months as it captures and facilitates larger contracts, such as the £10m initial order from Iran, with much of the new capital taken up by into firm, long-term related and supportive partners. Beaufort's assessment of the enlarged, post-raise, post-acquisition Group now suggests a valuation of some £125.3m. Accordingly, it keeps the shares on a Speculative Buy recommendation with a price target of 0.6p/share.
sjt55
06 Dec 2016
Re: RNS Today Chip,I think an SP of 1p is more likely in my lifetime than £1. I remember talk years ago about a 10p party, when the sp was about 0.8p and we had sold some street light units to China, but then came massive dilution to keep the company afloat. Things are looking a lot brighter now, but with the number of shares in issue the sp is not going to reach your target without serious consolidation, but I like your optimism! GLA
Chip_Scashtin
05 Dec 2016
Re: RNS Today Gordon Bennett! This is it! We have cracked ths sub-continent! Fill your boots! £1 here we come!IMHO DYOR ... you miserable sceptical so*s
sjt55
05 Dec 2016
RNS Today Good news, a further order, but unfortunate use of the words 'call off' deliveries, which some may read too quickly and misinterpret as a get-out of further deliveries, rather than what is intended, I believe.which is that smallish orders can be requested at short notice as part of without going through full tendering etc. Was expecting a small rise today on the news, but hey-ho.GLASJT55
inthetin
17 Nov 2016
121 TECH INVEST, LONDON 17NOV16 www.weare121.com/121techinvestment-london/cyanconnode-management-interview/
inthetin
17 Nov 2016
Companies House Submissions Change of registered office address yesterday to Merlin Place, Milton Road, Cambridge, CB4 and official change of company name to CYANCONNODE LIMITED today.Perhaps they're getting all the boring stuff straight before launch.GLITT
readyeddie
21 Sep 2016
PistonBroke I checked out what you said, it was a sell so the question is how many c##k ups are there and does it alter the sp you have to ask. As for the company they are exceeding my expectations on getting in on such a huge market, my worry is that we may suffer a dilution to fund the costs of the potential huge market demand.
PistonBroke
21 Sep 2016
Just bought 750k - it is showing up as a SELL - WTF?
supeman1
22 Aug 2016
considering the orders they have in and in the pipeline the SP is very very dissapointing
Simbrad
07 Jun 2016
Beaufort's note out this morning from Research Tree: "Smart metering is a giant, unfulfilled and highly scalable global long-term growth opportunity which provides an exceptionally sticky customer base. Cyan has a unique and fully developed product with protected IP. Its revenue streams include hardware and software sales during installation/roll-out along with recurring license fees collected on revenue-based long-term contracts. The Group has strategically focused its initial marketing efforts on emerging markets which are now building out their infrastructure and modernising their approach to consumer distribution in order to gauge capacity demand and maximise efficiencies, while identifying power leakage and theft. The fact that it has secure contract wins from India, the Middle East, Africa, Brazil, China and Eastern Europe, highlights both the need for and the uniqueness of Cyan's systems approach. The potential to scale early sales to these territories is clearly enormous; in reality, the transformational purchase order worth £10m from Iran's Micromodje is potentially just a small part of the National Smart Metering Program of Iran that has a stated goal to replace the electricity meters for all customers, representing approximately 33 million meters, in seven years with funding provided by the Iran Power Generation, Transmission and Distribution Management Company; Cyan has already started a dialogue on the next planned rollout of 1 million units. Prospectively, India is an even larger opportunity with prime minister, Modi, in 2015 projecting a phased consumer rollout of smart meters beginning in 2017, with 35 million units installed by 2019; more recently India's power minister, Goyal, cited a proposition for as many as 250 million smart meters. With a good number of large international territories now also reviewing similar options, the business potential for a supplier capable of installing and supporting comprehensive national smart meter implementation programmes is clearly huge."
readyeddie
09 May 2016
I have been reading comments on this for a year and have joined so now can say that this will be big, I have held shares since 2013 and trebled my investment March 2016 well worth the gamble with a long way to the top for those that are willing to wait.
