Member Info for Longterminvstor

No problem tonyj, in answer to your 10:11 post. You have your opinion and I have mine. And I will quite happily take any share-price increase and look forward to the future and further success of CyanConnode.

CyanConnode RNS - dated 23 January, 2023 - One of the highlights:-

" The net proceeds of the Fundraising will be used to further strengthen the Company's balance sheet, to fund long lead time componenets and to fund resourcing required to manage the scale-up of the Company."

In my opinion, CyanConnode, because of the potential for further contracts, probably needed to show their Customers and Partners that the Company's balance sheet was strong enough to carry CyanConnode through the initial stages of the potential and hoped for expansion in orders.

LTI.

..... dated 23rd January, 2023:-

" Background to and reasons for the fundraising:

India:

" CyanConnode has had a very successful year in India. During the current financial year to 31 March, 2023, there has been a significant increase in tenders and orders placed on the company for Omnimesh modules in the Indian market as the Government of India moves forward with its plans to deploy 250 million smart meters.

" During the current financial year, orders for 2.3 million Omnimesh modules have been placed on the company. This shows significant momentum, as it had taken almost 10 years for the previous 1.3 million modules to be won. It is expected that the majority of the 2.3 million Omnimesh modules will be installed during the next two years. CyanConnode's pipeline of opportunities and key partnerships has also increased significantly during the current financial year. Tenders for large volumes, which currently total more than 85 million smart meters, have now been issued and are at various stages of the tender process, some of which are at an advanced stage.

" Notably, this month, the company was pleased to announce that its subsidiary, CyanConnode India Pvt. Ltd ( CyanConnode India ) received an order from a new customer, Montecarlo Limited ( Montecarlo ) for 983,525 Omnimesh modules, together with advanced metering infrastructure, standards-based hardware, Omnimesh head-end software, perpetual licence and a support and maintenance contract. This followed the orders received by CyanConnode India between April and August 2022, for a total of 1.3 million Omnimesh modules."

So increasingly, progress is being made in India and no doubt, in other global regions also.

LTI.

..... this morning confirms that £5.25 million was raised ( before expences ) through the Placing of 30,882,352 million shares, the Company now having 271,534,423 Ordinary Shares in issue.

With four members of the senior management team, leading the charge.

Well done to all concerned.

LTI.

...... this morning confirms the successful completion of the over-subscribed Placing.

https://polaris.brighterir.com/public/cyan/news/rns/story/x4gdp0x

Excellent news. It seems that they must have been chomping at the bit to invest in CyanConnode.

Good luck all.

LTI.

Good evening all.

I have commented before, that a Placing for expansion, is far better than a Placing for survival. CyanConnode is in a different place and a different period of its development, than in past years.

From the Placing and Subscription RNS today:-

" Background to the reasons for the Fundraising:

" On 14 December 2022, the company announced the interim results for the CyanConnode group for the six-month period ending 30 September, 2022. This update highlighted the strong order book in India, with a good pipeline of further opportunities, as well as substantial orders being received from new territories during the period, including orders from the Middle East and North Africa ( MENA ) region worth over USD9 million.

" The recent win rate from contracts tendered since April 2022 has been approximately 38% in volume and the installed rate is around 25%. CyanConnode is currently bidding for contracts worth over £1 billion in value. The company's partners have recently been named as Level 1 status for more than 25 million units, which, while there is no expectation of winning all of them, suggests a bright future."

A 38% win rate in volume and a 25% installed rate in India. Sounds encouraging to me.

LTI.

sorry, should read hopefully:-

https://polaris.brighterir.com/public/cyan/news/rns/story/w694pqw

LTI.

........... this afternoon concerning the £5,000,000 Placing and Subscription.

http://polaris.brighterir.com/public/cyan/news/story/w694pqw

From the RNS:-

" The Placing will be effected by way of an accelerated bookbuild ( the " Bookbuild " ) at a price of 17p ( the Issue Price ) per Placing Share. The bookbuild will open with immediate effect following release of this Announcement. A further announcement confirming the closing of the Bookbuild and the number of new Ordinary Shares to be issued persuant to the Placing and Subscription is expected to be made in due course."

Could be some interesting Trading due.

LTI.

...... Tender Watch - Running Tenders:-

- Andhra Pradesh Eastern Power Distribution Company Limited - 8 Lakhs smart meters ( 800,000 ) - TOTEX - Due Date 17/01/2023. Also 3 Lakhs smart meters ( 300,000 ) - TOTEX - Due Date 20/01/2023.

- Andhra Pradesh Southern Power Distribution Company Limited - 10 Lakhs smart meters ( 1,000,000 ) - TOTEX - Due Date 17/01/2023. Also 11 Lakhs smart meters ( 1,100,000 ) - TOTEX - Due Date 20/01/2023.

- Andhra Pradesh Central Power Distribution Company Limited - 10 Lakhs smart meters ( 1,000,000 ) - TOTEX - Due Date 17/01/2023. Also 5 Lakhs smart meters ( 500,000 ) - TOTEX - Due Date 20/01/2023.

- Assam Power Distribution Limited - 2 Lakhs smart meters ( 200,000 ) - CAPEX - Due Date 07/02/2023.

- Chhattisgarh State Power Distribution Company Limited - 71 Lakhs smart meters ( 7,100,000 ) - TOTEX - Due Date 31/01/2023.

- Manipur State Power Distribution Company Limited - 2 Lakhs smart meters ( 200,000 ) - TOTEX - Due Date 20/01/2023.

- Meghalaya Energy Corporation Limited - 3 Lakhs smart meters ( 300,000 ) - TOTEX - Due Date 23/01/2023.

- Tripura State Electricity Corporation Limited - 2 Lakhs smart meters ( 200,000 ) - CAPEX - Due Date 24/01/2023.

- West Bengal State Electricity Development Company Limited - 5 Lakhs smart meters 500,000 - TOTEX - Due Date 18/01/2023.

132 Lakhs smart meters in total ( 13,200,000 )

Seems to be a busy period for " Due Date " completions for tendering, during January 2023.

LTI.

...... December 2022 edition, has been published.

http://intellismartinfra.in/uploads/2023/Jan/22/1674365306_IntelliSmart%20K-Xchange%20December%202022.pdf

Good luck all.

LTI.

..... tweeted:-

" Post the inaugaration of next phase of Smart Prepaid Metering by #Bihar CM @Nitishkumar, consumers in @SEVA_SBPDCL are turning smart. Installation & implementation is in full swing in #SBPDCL, @BiharEnergy by @genus, while @CyanConnode is the communications solution provider."

http://twitter.com/CyanConnode_India/status/1615980166576230401

Further progress is being made.

LTI.

Sorry, should read " .... announcement?"

LTI.

...... concerning the announcement of a Change of Advisor to CyanConode, could it possibly be connected to the potential Trading Update announcenet?

Getting the Change of Advisor announcement out, before any other business.

Just a thought.

LTI.

Ooooops, sorry, missed a bit:-

http://apraava.com

LTI.

..... is a very diverse energy company, involved with conventional energy, solar energy, wind energy and power transmission.

From the report:-

" In the last 20 years of responsibility powering India, we've strived relentlessly towards building a future a future that doesn't compromise the needs of today. We don't just believe in producing better energy, but energy that drives all-round progress, inspires sustainable change and creates a climate-conscious ecosystem."

Excellent ideals.

LTI.

..... report from October 27th, 2021.

http://cdpq.com/en/news/pressreleases/clp-india-now-apraava-energy

LTI.

..... updated 11/01/2023. Thanks to tightfist on ADVFN.

https://recindia.nic.in/ami-test-demonstration

No 24 on the list tonyj. Also Techno Electric & Engineering, also added, on the 11/01/2023 list, tonyj.

LTI.

Good afternoon Pedro/tonyj and all,

Let us all look forward to a " ... big event .... " in the not to distant future. Whatever and whenever that occurs. News, in one form or another, should not be far away.

LTI.

No problem Inthetin and tonyj.

LTI.

Good afternoon Inthetin/tonyj,

Just to save any confusion, I had posted your 12:08 twitter post today, Inthetin, yesterday at 11:01. But no problem, it is always good to re-read, what I would call good news, coupled with a positive comment/indication from CyanConnode.

LTI.

Good afternoon all,

They certainly have, Inthetin. And even better is that we have received confirmation within the tweet, that CyanConnode " ..... are scaling up our operations significantly."

Excellent news.

LTI.