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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"
https://enterprisetalk.com/news/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
https://www.multitech.com/brands/multiconnect-conduit
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.
its ARM
https://www.multitech.net/developer/products/multiconnect-dot-series/multiconnect-xdot/
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.
DYOR
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.
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.
http://trilliant.com/trilliant-and-fengar-technologies-to-deliver-innovative-smart-technology-platform-to-support-cities-and-commercial-organizations-in-india/
LTI.
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.
DYOR
I must say it feels like you are working for another company but in all honesty I think you just hate CC.
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.
tonyj, give me one, please just one, statement from JC that has actually happened and given a boost in SP. Take your time.
tony and pals topped up to fool us with 4% -:)
All In my Honest Opinion DYOR.COM
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.
DYOR
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.
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
DYOR
Observation tony, middle east cant sell petrol right now - :)
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.
DYOR
Hi tonyj
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.
Morning ITT.. Whatever floats your punt, LOL.
Good thinking , I am hoping not but if it did I would look at 30p. My reasoning is if CC has got that final mile connection that others are missing and it is necessary for a complete 100%m then it is worthwhile for someone like Genus to go for it at say £60m. as they can then sub it out. Remember Itron bought Silver. However I do not think the bigger holders would go for less than £1. and possibly much more.
If we went down that path I would like to see JC do a cash/share swap with a bigger company, those are often more generous. Having said all that I think CC is about to build an order book around India wireless and adjoining countries. Lock downs are going to be lifted or worked around as cannot be afforded long term.
As we are going into June I think that JC will make a state of the company address soon. It would take out this speculation of what we can and can't achieve in the EESL setup.
DYOR
Bit early for the bottle tonyj
It's a shame tonyj wasn't furloughed, he must be seen as essential I guess.
Hi tonyj
As JC & Co have proved that they can't sell what Cyan has to offer, they should be actively looking for a buyer to get a bit of a return for shareholders.
While a lot of proper companies are in doubt about what to do next, they are accumulating and sitting on cash. Eventually, this cash will start reappearing and maybe someone might think that they can find a use for Cyan's products and cough up £10M - £20M. That's my gamble (i.e. I have no faith in this BoD's ability to make a success of Cyan as a business and don't believe that they will suddenly morph into a BoD that can).
Hello Colour.. Furloughed, nice idea but at my age I could only be a consultant anyway.
It will be interesting the outcome of CC and EESL. It could have been a lot about nothing but as CC was called in way after Trilliant was on scene it makes you wonder. Has CC got something that EESL wants to complete its Trilliant coverage and has CC been told not to comment. There must be a lot of notspots in India, open spaces still not covered, high-rise buildings, who know's. As JC said the Trilliant company deal with head-end that are not wireless. Indore I presume is wireless throughout, and the same with Mysore and Thailand.
I think we will soon see where we stand but the interesting thing is Indore was praised as a showcase by Indian states and surrounding countries and these places are pushing ahead with CC so there is all to play for.
DYOR..
CC have used the secretive excuse for their inability to communicate for soooo many years now. The real reason they didn't communicate was they had nothing to say, as they can't win an order worth winning. You have been calling for updates for years, give up. JC is even less interested in getting info out, since he started his ' new ' phase of getting info out.
Colour don't worry you have tony strong buy, is he the fat controller :)
Woolley, I have put on a bit of weight with age but never fat.
If JC & Co can find someone to buy the company, the return could be OK.
Sell for:-
£5M (2.7p) - 35% increase from today's price
£10M (5.5p) - 175% increase...........................
£15M (8.2p) - 310% increase...........................
£20M (10.9p) - 445% increase.........................
Considering JC described Cyan as a £200M company years ago.................
I can see what you are trying to do ITT but wasting your time I feel as it is not logical for the bigger holders to entertain an offer of less than 50p and more than likely well over £1.
CC were about to deliver 206,000 units for installation by MEA in May so we may possibly hear something about that.
Indore are happy and expanding, Mysore are about to expand, the other unknown in South India is probably underway.
Colour is quite right JC does not say a lot but that hopefully will change.
I think that they are trying to get SMETS2 underway around lock-down, probably just some Utilities are considering it.
These are all likely to create our break-even 500k and will probably go way beyond.
I would like to know what is happening with BI.
I also have my eye on Bangladesh.
DYOR
Hi tonyj
The bigger holders may well want 50p - £1 but they haven't created/can't create a business to warrant a valuation of £100M - £200M (IMO).
They would be better off selling if/when the opportunity arises, getting back what they can and put it down to experience.