London South East prides itself on its community spirit, and in order to keep the chat section problem free, we ask all members to follow these simple rules. In these rules, we refer to ourselves as "we", "us", "our". The user of the website is referred to as "you" and "your".
By posting on our share chat boards you are agreeing to the following:
The IP address of all posts is recorded to aid in enforcing these conditions. As a user you agree to any information you have entered being stored in a database. You agree that we have the right to remove, edit, move or close any topic or board at any time should we see fit. You agree that we have the right to remove any post without notice. You agree that we have the right to suspend your account without notice.
Please note some users may not behave properly and may post content that is misleading, untrue or offensive.
It is not possible for us to fully monitor all content all of the time but where we have actually received notice of any content that is potentially misleading, untrue, offensive, unlawful, infringes third party rights or is potentially in breach of these terms and conditions, then we will review such content, decide whether to remove it from this website and act accordingly.
Premium Members are members that have a premium subscription with London South East and have access to Premium Chat. You can subscribe here.
London South East does not endorse such members, and posts should not be construed as advice and represent the opinions of the authors, not those of London South East Ltd, or its affiliates.
My punt is based on the fact that in October 2017, Cyan was valued at £33M (that's 18p per share in today's money) and that the company has probably got a better offering/product now than it had back then.
With the ongoing Covid-19 crisis, we're also at an extremely low point confidence wise too.
I'm hoping someone will take Cyan out for £10M (value of losses to the right buyer) or a bit more (£15M -£20M would be great but unlikely) - that's somewhere between 6p - 10p per share.
Stranger things have happened.
Hello Woolley.. re petrol. They didn't see that one coming, after all oil is the Middle East.
I have taken a leaf out of Greengrass's book over recent months of wheeler dealing and reduced my average considerably. If SP takes off I will probably not be able to repeat it.
We have one or two prospects of pushing ahead as I see it.
BI and any update on their factory.
Indore etc, Thailand may be Bangladesh, UK starting up.
It will be interesting to see with India how they have dealt with Notspots, Building Penetration, 12m distances etc.
There will probably be 2 sources of Smart in India, wireless and SIM and the aim will probably be to make them connected if they eventually want to create a National Grid, a long way off or not wanted.
Observation tony, middle east cant sell petrol right now - :)
Colour, its you who asks the daft questions. My comment on Iran was the perfect example, if that had taken off considering the size of opportunity (was it 32m units) then you would probably have seen CC up to £10sp by now, but AIM coupled with Middle East location was probably a nut too hard.
Again coming down to basics its you and the likes of BST who bailed and lost a lot of cash who are just trying to put the knife in. Hope others see this. Even ITT who has had his moments was considering buying back in.
After all this time, barring Virus which will probably subside or at least be dealt with differently in coming months, I think these contracts of Indore, Thailand will prove to be very fruitful. Unlike Trilliant etc the coming profits do not have to be massive for a small company. It would be nice to reach break even shortly and the likes of Indore might just achieve that for us.
Colour, CC share price is still very cheap but could your ego let you buy. ITT is savvy and commercially minded.
Regarding Trilliant it took a year to install 1m yet UK is doing that in 3 months. So what's this all about saying first worldwide at achieve 1m. Does not add up or again have I missed something.
Just to recap as it is quite important, what was Trilliant's involvement with the whole of SMETS
So, you haven't found a single statement that has held any value for CC, amazing.
I will say it again, for the Third time, the EESL / Trilliant Webinar regarding 1 Million units was highlighted for its speed of install. It didn't take 3 years to implement 21,000 units like some. You clearly didn't watch it, so trot off, DYOR, and stop asking daft questions.
RE Fri 15:01 No point in asking those questions Colour, actions are taken in light of the current events, such as Iran being freed up and CC being first in, then suddenly Trump gets upperty and all bets are off. Now who would have thought that but as we know others were also trying to enter that market, so if it had happened you would have said JC missed a possible £1bn order there, he is useless.
Colour, if Trilliant are so good why were they not used for SMETS2, you may have the answer.
Was it something to do with interoperability problems.
EESL/ Trilliant highlighted 1m units going in as a world achievement but didn't SMETS1 install 14m units.
4.5m smart meters were installed in UK in 2019 I understand.
Trilliant may be a very good company but don't make them the be all and end all.
It's probably their capital asset v CC's shortage.
tony and pals topped up to fool us with 4% -:)
All In my Honest Opinion DYOR.COM
tonyj, give me one, please just one, statement from JC that has actually happened and given a boost in SP. Take your time.
LTI, the whole point of the EESL - Trilliant Webinar was to showcase how the Two entities managed to fast track 1 Million Smart Meters in a very short space of time. Unless you have information that suggests otherwise, CC were nowhere near involved. The whole process seems covered, from SM through to Smart City tech. As I have said before, CC expect to be involved, they are most likely very wrong in that assumption.
What makes you so sure Colour. In the past when JC has made statements you have poo pood them, so you only pick on him. Your earlier assessment about EESL not going Smart was all wrong.
In India most matters come down to money. So what price is Trilliant. Likewise it has already been said that Trilliant has been contracted for headend so what makes you think they are doing all of these other things.
We will soon know the facts, I know you like that.
I must say it feels like you are working for another company but in all honesty I think you just hate CC.
Good afternoon Vas,
Thank you for the information.
But interestingly, the Trilliant/MultiTech report, from January 2020 and the Trilliant/Fengar Technologies report, from February 2020, both highlight " Industrial Internet of Things ( IIoT ) and Smart Cities," as a specialist role, for both Fengar and MultiTech.
So it looks like, to me anyway, that Trilliant have edged their bets, in this specialized area, by going with these two companies initially. As companies do, in many cases.
I have provided the link on the Fengar Technologies report from Trilliant, that I posted to CB, earlier this week, for comparison.
Hi Vas, Trilliant are absolutely central to EESL and India volume. They can cover every angle, and never does CC get a mention.
Smart City, IoT, basic Metering offer, CC are way down the pecking order as far as I can tell. CC will say they expect to be involved, CC have said so many things over the years that has proved they will probably never be involved.
Hello Vas.. We will probably find out soon enough. In the meantime JC said that Trilliant were only involved in headend, I would have thought he was near enough to have ascertained that correctly.
Remember CC were summoned to the round table by EESL way after all this had happened, we still do not know why fully but it must have been important as Colour has always said CC were of no value.
May be we are looking at the wrong company. Maybe not Fengar, but MultiTech . In January 20202 Mututech partnered with Trilliant.
"Trilliant and MultiTech to Deliver Transformative Solutions for Industrial Internet of Things and Smart Cities"
If we visit the MuliTech site and look at their latest offering
Here they say that MultiTech provide " a LoRaWAN® mCard capable of supporting thousands of MultiTech mDotTM and xDot® long range RF modules connected to remote sensors or appliances".
Could MutiTech be supplying the Xdot rf modules to Trilliant ?
It's easy to find out who makes the xDot rf module.
As you say Colour, not long now. BST bit early for the bottle. My average is improving monthly but your small fortune will never see the light of day as you bailed. On the other hand coming in at this low stage you could recover a good sum at not much outlay. You must have been a risk taker surely or just gullible.
I think your astute so try again.
All the rest DYOR.
In many ways, why would any new money look to take a position here when this prominent Flag bearer has no idea what the feck is going on. Total inability with figures, and the business sense of a 5 year old. The CC canopy over the 3.3 Million KM2 of the Indian is probably well under way in tonyjland.
I am sure Fengar have the Chess pieces in position ready for the off. Not long now, weekends always get in the way.
Gold? Even if it was rhodium, you'd still be out of pocket you deluded fool. Do you ever stop to wonder if your multi year positive vibe here, in the face of a 90% SP collapse actually has any benefit to cc? You have zero credibility. Your positivity has been a counter flag. Now, maybe if you started trashing the company and the bod......
Good morning CB and all,
Thank you for the clarification on Fengar Technologies, as I could not find any evidence that they " ..... appear to have a similar offer to CC." But offer something entirely different. Very well I would imagine, if they are working for Trilliant.
But I did mention last week, that there will probably be many companies involved with the India smart grid/smart meter roll-out, each company contributing with their own area of expertise. Large and small. Indian and international.
Well woolley you have to go with it the way it presents at the time. Many set backs occur in business, CC having had more than its fair share, however we currently have these India and Thailand contracts where the Utilities are eager to expand and barring any delays due to virus will be making good headway.
As I see it, using Indore as the starting block then Thailand with Mysore following up on expansion, there is everything to aim for. Colour is always on about India wanting the best at the cheapest, well looking at the report from Indore Utility boss they are getting it from CC and I presume CC have pitched it at the right price for everybody to make something.
Utilities want the best and future protected but in the end it is their Treasury that dictates outcome.
Being a cash poor industry in India utilities are going to jump at news of almost immediate large cash improvement.
There is gold in them there hills, for them and us.. DYOR
SP was 2.86 when that 'new info' order landed. Think it was soon after that newbies piled in at 4, heartily cheered by the Biscuit Boys here, and have regretted the day ever since.
must be time for a tony - strong buy - just before it stutters :)
Good morning 2cv,
It is good to hear from you again and thank you for giving us that bit of news, about SMS. It is appreciated and very welcome. I trust you are keeping well.
... which may have relevance here.
"remobilisation is expected to be implemented over a period of three months and will see the resumption of non-essential field-based activities, including the installation of smart meters."
Yes Colour this order obviously followed the LOI of 161219 accompanied by a letter of credit from Genus. As i said earlier Genus was not likely to give this credit unless it wanted and trusted CC. It covered the transition from module being made to being installed in meter at Genus factory when CC got paid, so not a great risk.
I think JC will probably give an update by newsletter or something, apart from any pipeline contract from EESL I suspect most contracts will be medium sized but quality of say 35000>200,000> long stop 4,000,000. With a need for 500,000 units for break-even I feel there is every possibility of achieving 2,000,000+.
Don't go asking for facts, even Trilliant can only surmise. UK is installing much more than their !m units professed.
Anyway if the world starts lifting its lock-downs we could see some early action.