Member Info for Longterminvstor

Good afternoon gizmo and all,

The Nomura Investment Fund has made two strategic investments in Genus Power, one during August 2024, reported in the Economic Times and more recently, during October 2024, when it references the original investment, under " Foreign Institutional Investment."

https://tradebrains.in/features/smart-meter-stock-in-which-nomura-investment-fund-bought-fresh-stake-in-q2/

So there is quite a bit of corporate activity/investment going on in India at the moment, I might suggest, in preparation for the much anticipated smart meter roll-out projects.

Take care gizmo and all.

LTI.

..... Nomura/Instinet?

https://in.investing.com/news/company-news/nomura-sees-upside-for-kaynes-technology-as-it-taps-into-ev-and-smart-meter-markets-93CH-4424947

Is this what you were referring to, gizmo?

Very interesting.

LTI.

Good afternoon all,

If you click-on the additional link provided by CyanConnode India, there is an interesting report by Astute Analytics, on the further potential of the smart meter market in Japan, which " ..... is expanding rapidly due to technological innovations and government mandates."

There is a further report via Globe Newswire that gives some additional details, that may also be of interest.

It is also interesting that this information is being passed highlighted by CyanConnode India.

Maybe part of the post-India planning, for the future. You never know.

Good Luck all.

LTI.

....... is raising awareness of the smart meter market in Japan, being 60% RF technology.

https://x.com/CyanConnode_Ind/status/1848988642213003392

Its good to see that other smart meter markets are adapting to RF technologies, as well as India.

Good Luck all.

LTI.

Good morning all,

Exactly right, bskiny1. And also, with the potential for news coming from numerous sources, further patience is key.

Take care bskiny1 and all.

LTI.

...... also confirms that CyanConnode have over 400,000 Omnimesh enabled smart meters on the CyanConnode Network, that have been successfully installed in Rajasthan.

Excellent.

Good Luck all.

LTI.

....... has announced on x.com, about John Cronins meeting in London, with Shri Bhajan Lal Sharma, from Rajasthan, at the Investors Summit Roadshow, in London.

https://x.com/CyanConnode_Ind/status/1848351922928947258

It ties in quite nicely with the information that I posted a couple of days ago from the NSGM report, in connection to the two smart meter contracts that have just been Awarded in Rajasthan, for JdVVNL and JVVNL, for circa 8.8 million smart meters.

Very interesting indeed.

Good Luck all.

LTI.

Good afternoon Vas and all,

Thank you for the latest information on the Iskraemeco/Kaynes Technology situation Vas, it is appreciated. And interesting that Kaynes Technology have taken over the 3.5 million smart meter contract in Gujarat, from Iskraemeco.

https://www.kaynestechnology.co.in/index.html

Also, within the report that you posted - " Kaynes is expecting that there is an order pipeline of 11 crore smart meters that will be Awarded to various AMISP@s under RDSS."

So an astute strategic move on the part of Kaynes Technology, I might suggest.

Thanks again Vas.

LTI.

Good afternoon tonyj and all,

I would think that any contract that has completed the 27 month installation period, would qualify. By that time - the installation period - as I/we understand it, 70% of the contract value will have been paid during the installation period, with 30% due over the remaining 93 months, in equal monthly payments, for the Support and Maintenance contract.

You will find details within the RNS provided by CyanConnode, which I re-posted a couple of days ago, for the recent order for 6.5 million Omnimesh Modules, during August 2024.

So during the contract installation period, is where the 70% of the contract value is paid.

I hope this helps.

LTI.

Sorry, should read:- " So it will be interesting to see how these projects develop, over the coming month's."

LTI.

Good afternoon all,

I seem to remember that CyanConnode were involved in 2 smart meter project, for JVVNL, during 2020, during COVID.

https://polaris.brighterir.com/public/cyan/news/rns/story/w11263w

So it will be interesting to see how this project develops, over the coming month's.

Good Luck all.

LTI.

Good afternoon all,

Interestingly, there are 2 separate smart meter projects in Rajasthan, one for JdVVNL, for which 4,089,733 smart meters were Awarded and one for JVVNL, for which 4,767,772 smart meters were Awarded. Bringing the total number of smart meters Awarded in Rajasthan, during October 2024, to 8,857,505.

So things are heating up, in Rajasthan.

Good Luck all.

LTI.

..... was updated on 15th October, 2024:-

https://nsgm.gov.in/en/sm-stats-all

The smart meters installed during October 2024, at the moment, is 575,777, with the overall smart meter installation figure now standing at 15,346,536, for NSGM smart meter project.

LTI.

Good morning tonyj and all,

What we do know, tonyj, about the 6.5 million recent Omnimesh order, is that it " ..... relates to various smart metering projects in India .... ", which at the moment, the client wants to keep under raps, for their own reasons.

Possibly because of the number of other companies that are involved with the overall projects. The relative information will be made public in due course, I am sure, when all the parties are in agreement, that the time is right.

And as you have already mentioned, a nice little tick-up this morning in the share price. So far.

Good Luck tonyj and all.

LTI.

Good morning Vas and all,

Thank you for sharing both reports, Vas. They both contain some valuable information and interesting information.

The " .... Opportunities ...." report, seems to emphasize the target of 2027 for the aspiration of completing the smart meter roll-out, making it a 10 year programme overall. Some achievement, if they can pull it off. But at least we/they have a stake-in-the-ground, to aim at.

And the Alpha Spread Valuation, seems to suggest that CyanConnode should be sitting in the circa 20p share price range,

with an upper target of circa 52p.

So some interesting food for thought, in both reports.

Which is putting John Cronins target of some years ago, of $200 million, that he thought Cyan(Connode) could be worth one day, at circa 43p, with the Shares in Issue structure, at the moment, firmly in the ball-park.

Thanks again Vas, for sharing both reports.

Take care, Vas.

LTI.

Good morning tonyj and you are welcome.

And like you, I would like to see something productive from Malaysia in particular, when something is at the stage as it can be made public, on the " ..... CyanConnode is actively collaborating with multiple utilities in Malaysia. The Company is currently in the process of certification of its radio products by the Standard and Industrial Research Institute of Malaysia ( SIRIM ) for MCMC certification."

It was encouraging that CyanConnode made this little snippet of information available to the general public and to share-holders alike. But these procedures can take time, as we know.

Thailand also seems to be progressing, albeit steadily, along with other global regions, MENA for example and a gas smart metering project in Azerbaijan, I seem to remember that we have been informed about.

So plenty to look forward too, I feel and not forgetting the ongoing negotiations between CyanConnode and other interested parties in India, which no doubt will be concluded at sometime, in one way or another.

Take care tonyj.

LTI.

...... CyanConnode have provided some more feed-back, from the Enlit Asia 2024, on the closing day of the exhibition:-

https://x.com/CyanConnode/status/1844256502582067393

And with a CyanConnode orderbook in India alone, standing at 13,085,000 RF nodes.

Excellent and well done to all concerned.

Good Luck all.

LTI.

...... CyanConnode providing some more feed-back, from the Enlit Asia 2024 exhibition:-

https://x.com/CyanConnode/status/1843661786295529696

https://x.com/CyanConnode/status/1843861978722513302

The event seems to be going well.

Good Luck all.

LTI.

..... re:- turnover of staff.

Question 21:-

" Given the huge turnover of staff, is it not time to scout for a new executive chairman to deliver this company's full potential?"

Answer from John Cronin:-

" There has not been a huge turnover of staff. There will always be attrition, in many cases due to personal circumstances of employees, or their career ambitions. The Nominations and Remuneration Committee continually evaluate the executive directors and we do a full board evaluation each year. In addition shareholders are given the opportunity to vote for all directors by rotation."

Graeme's circumstances and ambitions are private to him. I wish him well.

LTI.

Sorry Vas, should read " ..... as he did at CyanConnode." Over two terms, if I remember correctly.

LTI.