Proposed Directors of Tirupati Graphite explain why they have requisitioned an GM. Watch the video here.
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...... presentation is available on the CyanConnode website.
http://cyanconnode.com/presentations-and-videos/
LTI.
Listening again, at 47 minutes plus, the question is how many Meters will be the CC target over the India 250 million figure. In between lots of umms, rrrs and you knows, what number did JC suggest ?
Well Colour JC did not suggest any numbers from what I heard. Somebody mentioned 11% notspots, and my question was approx how many notspots in India, I take it there are roughly 11 -15%. The interesting comment was that was not CC's direction of travel but in fact the full Monty end-to-end. So if CC RF was used as agnostic, to fulfill these notspots and pitched for say 20% of end-to-end you would be looking at possibly 60m meters, the majority involving a lot more CC involement. Buy hey, who knows. Having Thailand and possibly other far east contracts plus UK plus Europe I think things are looking pretty good.
DYOR
Did you not view the presentation again? I even gave you the time to start watching ! He mumbles a number, it is either 50 million or 250 million, have another go.
Evening CG and Tony.
Its very straight forward ! I heard CC would in ten years thus, be in a good place to target 50 million meters.....and depending on next 3 to 5 years of what we get, were expecting significant revenues compared to what we have had in the past.
Must be honest I was hoping for something a little bit nearer term. I'm in my 50s now and was in my late 30s when i first invested and will be well retired in ten years time ( or so I hope). lol
Well Colour I don't know if I am listening to the wrong video but the only reference was to 250m at about 53 mins.
Well Vas don't worry about age I am massively older, so you are in your prime, LOL
47 min was the start of Q & A's I really can't spoon feed you all day. So now you have heard it , what do you think he says?
Colour, I really do not know what you are on about at 47 mins, I saw Heather talking finance, JC talking EV's and only ref to 250 was at 53 mins.
Was a good rerun of video and there is a lot in it to reabsorb.
I think CC is on the up and being a small company with small number of shareholders will produce good returns.
DYOR
Tony. Scroll back before the live q@A session and they present two questions...before hand. One is abput the extent of india oppurtunity that CB is talking about. It's basically what I posted earlier.
It's over an hour long Vas, way too much to ask.
Vas, we know Colour likes to play cat and mouse.
Can you time me down to the minute and second.
Generally I thought video was quite informative.
Normally I would treat this as a waste of time and not bother.
You have treated it as a waste of time and not bothered. You can't rely on everyone spoon feeding you all the time, as you say, DYOR! lol
Cricky Colour, you must sit on your PC all day long.
If Vas is kind enough to clear this up for me I will push on to the real stuff.
' Was a good rerun of video and there is a lot in it to reabsorb. '
Lol, unbelievable : )))))
Evening Tony. Go to the presentation and start watching from 36.20 seconds. it will take you straight into the question in question. GL
Struggling here to understand the contentious point. 50m is mentioned, 20% of the 250m roll out. Given where we stand currently, I’d be disappointed if they weren’t targeting 20%. At 10% delivery, we’d all be over the moon! What did you expect, “we’re the market leader In terms of units deployed currently and have stole a march but we’re only targeting 5% of the addressable market”?
Can anybody help out with a decent assumption of cost per unit?
Thanks for that Vas and Roddy. Got my sanity back now you have given the correct time of 36.20 seconds.
Yes simple to read at 50m and understand. Do not consider them to be forward comments just normal expectations.
I think we all have to move forward from fighting this continuous negativity. In my opinion CC is about to break into a trot, a lot of income will be extended out to 5 years but equally much will arrive in this years and next years figures.
I am looking at an SP of 10p+ by 31/12 and 15p+ by 31/03. If nothing intervenes and production is ramped up to 3 shifts.
The whole of India wants to make headway with Smart, especially with Cov19; and Indore for cash returns is the light at the end of the tunnel.
Things are going to happen, DYOR.
Roddy, 50m was mentioned, but listen to the delivery of that. Can you seriously say JC had an ounce of belief in predicting that figure? If you didn't have money in here, you would have a very different view I suspect. It was off the top of his head, as many things are, and will prove a disappointing message to anyone buying in on the back of it. That's not my negativity, it's just realism and knowing CC too well.
Good afternoon all,
I seem to remember Anil mentioning a target figure of between 10/12 million meters about 15 months ago, during a presentation. John Cronin mentions a target figure of approximately 20 million over the next 5 years, during the Interim Results, 2019 presentation. During the Investor Meet Presentation, John Cronin mentions a potential 50 million meters, over the next 10 years.
John also mentions where this additional market penetration opportunity, may come from. That being the Mesh/Cellular market opportunity. Other areas of market penetration may come via the other " New Range of Omnimesh Products " mentioned in the Interim Report Results, 31st March, 2020. Which included:-
- Omnimesh Long-Range RF Network Interface Card.
- Omnimesh Metering of District Heating.
- Omnimesh Dual Sim Cellular Network Interface Card.
- Omnimesh Integrated Gateway with Cellular and RF Mesh Capability. ( Already mentioned.)
Plus the confirmation that water and gas opportunities are in addition to the 250 million overall target of the Indian Government for electricity opportunities. Plus any addition for the recently announced interest by CyanConnode in the EV charging market.
So with the development of the new range of Omnimesh products/solutions and CyanConnode now looking at a possible 10 year time frame, with a considerable and growing Customer and Partner portfolio, you can maybe see some justification in the numbers mentioned.
But all in my opinion, of course.
Enjoy your Sunday Lunch all.
LTI.
What would you have said in his position? I agree, I think he was probably put on the spot and very crudely plucked a figure out of the air possibly basing it on the orders they have received and the total number of customers in each utility. I can’t speak for him and I’m just guessing. As LTI points out, he could quite easily have 100m but people would think he was a loon. Personally, I’d have said 10m and it would be happy to surprise on the upside but it might be equally unrealistic as it could be a lot higher. At 10m units, i would be delighted.
I agree Roddy and everything we do on here is also guesswork.
JC was put on the spot but equally his high number may have been his knowledge (and Anil's) of what is going on or about to go on. I was interested the to hear reference to new service agreements and the fact that they would be more likely with volume orders. In my opinion the possibility of 50-60m units is quite achievable and if as an average they work out at £10 a go then we are looking at my logic of £500m asset value.
Bearing mind all the other things also being achieved.
There is a lot going on and we should now be looking at the upside.
Over to you Colour.
DYOR.
He wasn't put on the spot, it was a pre submitted question that both knew was coming days before. The answer unfortunately was handled with typical awkwardness and backed with no confidence whatsoever. I really don't know how many times this BoD will be allowed to get away with misleading information. From 3 orders guaranteed within weeks a year ago, to Bangladesh £10 Million largest order lost, to expected forecast y/e revenue being achieved, UK rollout now not giving income for 4-5 years. Nothing, but nothing ever plays as it should. Tell us about Indore tonlie, you may have mentioned it once or twice but always worth another reminder.
Hello Roddy,
If you re-read my post at 12:46 today, I did not mention anything about a 100m figure. So your post at 13:15, which indicates " As LTI points out, he could quite easily have 100m, but people would think he was a loon " is not what I said and a little mis-leading.
LTI.