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BST, if you ever reach a reading age of 3 years (given that will never happen) - I'll give you a fuller reply.
Watch Teletubbies - just right for your mental age group and abilities :)
OMG how embarrassing is that : )))))) OK just for the level, and before you get filtered again, you are now saying that CC management have advised you that RF is now Indian Gov policy? think very carefully....... you know where these things can go.
Ha,ha,ha, knew he'd end up having to reel it in, loud mouthed clown.
Please go back to the very start of the post to Jakeandelwood which begins with a disclaimer that these are my opinions - not referring to you personally, but I have little time for some of posts or posters on here. Re RF Mesh - this is stuff that I have gathered from talking to CYAN management at open Investor Events - as some would say for "nodding dogs". I am not here to get anyone to buy or sell - make up your own minds.
If some on here can't read or write, there is little I can do to assist :)
Hi Imperiallondon thanks for the response. Accepted that what you say is your opinion and I respect that. Mine is that the share price over the last three years accurately reflects the company performance. Until I can be sure there is no imminent cash call ......I'm out. AIMO of course.
Filter is off for a while. This I need to see.
'.do you have anything that references this policy or similar.'
Tick, FCA, placing, perpetuity, clock.
If Imperial said it, solid proof will be provided I'm sure. I for one look forward to seeing it.
Morning imperial. Goverment policy is with RF, in the main?
I've been looking for a indian government policy or minutes of meetings or even just comments to support india smart adoption of rf....do you have anything that references this policy or similar. Thanks in advance. Vas
If we accept that Cyan has not been subjected to an 'attack' by investors shorting or CFD'ing, in your opinion, why is the market value of the company what it is (i.e. £5m), considering its prospects?
Also, if Cyan is really so well positioned to pick up a fair share of the 250m (?) Indian smart meter market, why do their own brokers have a target market value of only £12m? (I assume that they are basing their calculations on 183m shares - that is right, isn't it?)
Hello Imperial.. Yes that was my fault-line. 200 handling is a bit limited, especially if considering IoT, but CC rose to that figure quickly and who knows with re-engineering. I must admit my thought was mainly Command and Control from a Governments view point.
Good morning Jakeandelwood,
Disclaimer: These are my opinions - please decide for yourselves.
In my view there are the legacy / historical issues of CYAN announcing various contracts that did not generate revenue. This coupled with a historic business model that did not generate adequate revenues to keep our heads above our water, led to repeated equity dilutions. It is also important to recognise that various stakeholders (Govts, Policy Makers, Utilities) etc were faced with a raft of untried technologies across the globe. Also we were trying to "create a market" for our products when the eco-system was not developed to be in a position to accept it. So in summary, we were in a very different context and we spread our resources rather thinly.
Now countries and ecosystems for technology adoption are more mature and Govts have honed in on what works in their countries. Govts and Utilities have carried out various Pilots of technologies, funding arrangements, partners and have now had a chance to evaluate the same.
In my view, we have moving from "an early adoption" phase to a "mass adoption phase". The challenges of this are not to be underestimated, but doable with political support, policy support and financial incentives. If you have the time, please read Crossing the Chasm by Geoffrey Moore and Technological Revolutions and Financial Capital by Carlota Perez - you will then understand where I am coming from.
CYAN in my view are in a sweet spot and the historical / legacy issues are just that. Though I learn from history, it would be a fallacy to set my sails by it for CYAN at this time.
I am hugely optimistic - my investment is largely based on the prospects in India - any other revenue streams from RoW that come off are a real bonus. We have the largest single smart meter installation in Indore, India with over 100,000 smart meters. Our smart meters communicate with our software platform 193 times a day and our reliability/uptime is over 99%. Billing revenues have increased by about 25% (from memory). Indore has become a reference site for India - a Centre of Excellence. India has tried and recognised that GPRS/Mobile backhaul for smart metering is not workable - so Govt policy direction is towards RF Mesh in the main.
With over 250 million smart meters to be rolled out and CYAN being embedded with the 3 biggest meter manufacturers - Genus, L&T and HPL who control about 50% of the market share is a huge endorsement of our technology and team in India. Anil and his team are absolutely brilliant - the gentleman has an unparalleled understanding of the Indian electricity market and is a recognised thought leader who also delivers. Indian politicians and bureaucrats need what is seen as a "home grown solution" and he is ready to offer it on a platter. CYAN is not seen as a foreign company in India. Running out of space - but you get where I am coming from ?
Good luck !
Welcome. You'd be better off listening to mrgreenlight (rather than yourself) if you want to make money here;). Amazing sunrise in SE today, have a great one all!
Mirnu g ImperialLondon. I don't think you have definitively answered my question from last week. "What are your views regarding CC as a company and its delivery as a business to long term shareholders from a financial and delivery perspective . Long term cabe say from consolidation" Apologies if I have missed it. Appreciate the in depth information you have given in your responses but it doesn't cover the question asked.
Good morning Tonyj,
With regards to the conversation as to "how many DCUs would a country like India need"?
That 1 Data Concentrator Unit (DCU) can serve as a gateway for about 200 smart meters installed in people's homes.
India intends to roll out about 250m smart meters eventually.
If we work on current information, (I fully appreciate that in the future, with improvement in technology, the capacity of DCUs to serve as a gateway for more smart meters may significantly increase).
Using this example:
For 200 million smart meters , you will need 1,000,000 (1 Million) DCUs.
250 million smart meters, you will need 1.25 million DCUs.
So in my estimation, a figure of 10,000 DCUs to cover about 1.2 billion population spread over 3m+ sq.Km is a massive underestimate. All in my opinion of course.
Hope that helps :)
Good morning TenStorey !
Welcome aboard :)
Top first post - no messing about, it seems with you. You say it as you see it and good on you for calling out unacceptable behaviour - some people never learn.
CYAN/we are in a holding pattern till we have some contract news - you may know that certain contracts were awarded in India according to the Arden Research Note in end Oct 2019. About $15m or so in total value, from 3-4 contracts. So far only a £3.3m contract has been announced - so we never know when we will have a RNS.
You may see from my previous posts - I am very optimistic and hopeful that CYAN will deliver and our commercial prospects have never looked better. I am pretty certain that we won't run out of cash either. Those are some of my firmly held opinions.
But take what I post with a huge handful of salt, I am a "weirdo" who loses money for a hobby.
Good luck !
Top post Vas.
There is an expectation of news very soon! Whichever way you look at this, whether promises from CC, amount of tenders that are out in India, the wave of money raised in India to pay for smart grid, et etc ......CC have to pull something, anything out of the hat very soon, something that will provide the cash required to Continue trading, without another dilution of shareholders holdings, Anyone disagree ? I'm waiting and ready, for the big order, that's generates Cash immediately, and sets CC on a path of breakeven, then later a profit.....but I just can't see it happening at this time, a time we really need it....so I hope I'm wrong, and I will be very happy if I am....but something has to happen very soon, otherwise we are going to get the same treatment we have had for the past ten or so years....which is..."its in our grasp, it's just around the corner".....come on CC , surprise us. GL Everbody. Vas
Absolutely, I have the very same hopes. Good luck with your investment.
I'm 50% down on my total investment here but I plan to average down with every contract win. I believe we are finally starting to gather some momentum. It's not without risk but the recent good news from Thailand and India have given me confidence. I'm hoping they RNS the roll-out plans once confirmed. We need more of the same over the next 6 months though.
Hey, why not add to the discussion here? First post, no content, all very strange lol.
For goodness sake, I was desperately hoping you had matured a little over the past week but it seems you’re back to your old ways. Contrary to what you say, the discussions on here have actually been much better of late since the ‘Weirdo’ took you down a peg or two. I note that new posters (including myself) and previous posters have now felt able to contribute without fear of name-calling and quite frankly bullying. Please don’t spoil it for the rest of us. If you insist on posting, please focus on the company because apparently this is what the bulletin board is for. I’m afraid your posts are often better suited to a prepubescent group chat on WhatsApp.
I’m pretty darn certain you’ll start directing some of your usual vitriol my way now but it doesn’t bother me. I think we’ve all just had enough.
Sorry, yeah. The one that's lost more than they can afford, and is looking to blame everyone else. Imo off course. DYOR lol.
Which wierd one?
I haven't been reading the Weird ones posts, and that will remain. He has nothing to say, but posts all day lol.