Member Info for Longterminvstor

....... have also issued a tender for Pan India, 5 million meter tender.

https://eesl.eproc.in/ProductEESL/publicDashReplica?viewFlag=newDash

LTI.

......... have issued an Expression of Interest ( EoI ) for Strategic Partners, in Thailand.

https://eeslindia.org/content/raj/eesl/en/Tenders/Current-Latest-Tenders.html

LTI.

........ July 2019 edition, has been published.

http://www.indiasmartgrid.org/newsletter.php

LTI.

........ for reliable communication - article from EPR Magazine

https://cyanconnode.com/in-the-press/

LTI.

............ some relevant information on the Company.

http://www.hxgroup.cn/en/

LTI.

......... mentioned during the Conference Call presentation, were not in Cambridge just site seeing.

LTI.

Hello tonyj,

The clarification on the Iranian contract was helpful and gave an insight into the financial difficulties all companies are having, trading with Iran.

And with the news we have received from various outlets over the last few months and news that can generally be found, I am optimistic that news will start to filter through, as you have indicated, hopefully during Q3.

Time will tell.

LTI.

LTI.

Good morning CB,

I believe you asked a specific question and YellowJersey and the Company gave you a specific answer to your question. If YellowJersey did not provide you some relevant figures which you were enquiring about, which they may have done, but you did not pass them on, I provided them to you.

But from the question you were asking, " ....... why does the BoD not think it prudent to soundly re-structure salaries at their level, given this is where all costs are?" It would seem that they have already done so.

Your question answered.

Now if you want/wanted to ask an additional question, it may be as you indicated to tonyj on Friday, " ......... what a lost opportunity."

You could have put forward additional questions on the day. Two " Further Questions " were added on towards the end of the Conference Call, that had been communicated during the presentation.

LTI.

Good evening CB,

Picking up on your original question that you say you raised, about " I wanted to know, as critical focus is on landing and delivering orders, coupled with driving down costs, why does the BoD not think it prudent to soundly re-structure salaries at their level, given that this is where all the costs are?"

From figures we have been given, there was a 42%+ reduction, from the 2017 total to the 2018 total, in director/senior management salaries, from £988,798 in 2017 down to £570,728 in 2018.

So the information was/is available.

LTI.

....... presentation hightlighted some estimated potential figures, for RF installations, as set against other potential, selected solutions, which are geared towards the next 5 years.

Question 8, from the presentation:-

" With the different options of solution delivery i.e. PLC, GPRS, RF, Solar, etc., still open in India, can you estimate or indicate what the RF penetration/contribution will be, in the near to medium term, as a percentage of the total orders placed, specifically in India."

Anil kindly gave an update on MPWZ, accompanied by some figures on the project.

But getting back to the original question asked, on the estimated growth potential of RF, over other solutions, in the near to medium term.

- 250,000,000 estimated to be required/replaced over 3 years. ( Indian Government estimate.) Anil suggests it will be over the next 5 years.

- 125,000,000 or 50% of the original total, should translate into smart meter. ( Over 5 years.)

- Approximately 60,000,000 or approximately 50% of the smart meters, with the knowledge and information they have picked up over the years, in India, should translate into RF meters. ( Over 5 years.)

- And conservatively, Anil and the Company, again with local knowledge, estimate that CyanConnode could potentially gain 20% at least, of the total RF market. So somewhere between 11m and 12m units, over a 5 year period, in India.

At least we now have some guidance on an estimated/potential target market quota, to work with, for CyanConnode.

LTI.

Sorry CB,

Our posts must have crossed, during my typing and transmisson.

LTI.

Thank you YellowJersey,

It is appreciated. At least we are aware that the Company has responded. No doubt we will be updated at some time.

LTI.

Good morning Pedro,

It is good to hear from you again and it seem's as though we have a response from YellowJersey.

Good luck also,

LTI.

Hello CB,

I think that is where the confusion has come from. When did you first send the e/mail question?

You tried to give the impression that you had already e/mailed a question to YellowJersey/CyanConnode, by implying that you were " Well and truely filtered." At least that was the impression I got. And when this was highlighted to you by YellowJersey, that the alleged e/mail had not been received, they gave you the opportunity to put the question and get an answer.

And yet you still complain.

Maybe YellowJersey should not have put " promptly " in their original post. Trying to be to helpful, I suspect.

But I am sure someone from the Company, or YellowJersey, will respond when someone is available and has the answer.

Personally, I hope they have been to busy to answer your question today. You seem to have had your chance, and did not take the opportunity.

LTI.

Hello Inthetin,

Maybe you can help me out. The " First in were JC's words, not mine," comment.

From the 9th February, 2016, RNS first order for Iran:-

" The order was placed only a couple of weeks after international sanctions were lifted on Iran on 16th January and is believed to be one of the first orders secured by a UK busines, with support from the UK Trade and Investment Team."

From the 6th April 2016, RNS second order from Iran:-

" International sanctions on Iran were lifted on 16th January, 2016 and this is believed to be one of the first substantial purchase orders secured by a UK business, with support from a specialist UK Trade and Investment team."

Both reports give credit to the support given by specialists from the UK Trade and Investment Team.

But I cannot see the " .... first in ..... " as a phrase used by John Cronin, that you seem to have attributed him, in any of the reports.

But the actual words used, have been provided.

But there are, at the moment, peoples lives at stake and being affected in and around Iran. So the Company, in my opinion, have made the right call in taking the order/these orders, off the books.

LTI.

Sorry Inthetin, try this:-

https://stateofgreen.com/en/partners/state-of-green/news/kamstrup-can-count-its-first-order-of-intelligent-water-meters-in-iran/

LTI.

Good morning Inthetin,

As far as I remember, Cyan ( at the time ) were not the " ... first in .... " to Iran, after the sanctions were lifted. Kamstrup were, with smart water meters, first reported on 5th February, 2016.

https://stateofgreen.com/en/partners/state-of-green/news/kamstrup-can-count-its-first-order-of-inteligent-water-meters-in-iran/

Cyan did not report the electric meter order, until the 9th February, 2016.

So there were other countries willing to take up the opportunity at the time and there have probably been other's since. But the trading, business and political environment has changed quite a lot, since February 2016.

LTI.

Good morning tonyj / tony.s and all,

Yes tonyj, it was interesting that the " ... taken off the books ..... " comment, has been clarified further and that the Iranian contract has not been cancelled. And that ways to progress the contract are still being investigated.

It has been mentioned on more than one occassion on the bb, about the difficult regions that CyanConnode are looking to expand into and do business in. Getting your money out, once you have invested in the chosen market, is only one difficulty with Iran, at the moment.

Sending personnel into a volotile area to progress a contract and being warned by the authorities and air lines, not to travel to a specific region for fear of personal safety, is another matter altogether.

But it was beneficial for share-holders and future investors to know where the Company stands, with this specific contract.

LTI.

You are welcome chem.

LTI.

....... presentation is on the Company website.

https://cyanconnode.com/presentations-and-videos/

LTI.