Charles Jillings, CEO of Utilico, energized by strong economic momentum across Latin America. Watch the video here.
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It's really very tiresome now. Come on JC, well into H2 now, this week you need to announce new, decent order activity. To constantly threaten it is way past it's sell by, get some deals over the line and reported. Or just be honest and say it isn't going to happen, it can't harm the SP at this stage, unless you are looking to offload!!
CB, I would say he has over the years increased his inability and increased his salary to match.....LOL
Very good perception. The fact they use the level of TC as 'operational highlights' in reporting demonstrates they are happy with Taxpayers handouts being seen as hard earned revenue. To simply reward someone based on this is beyond belief. If he does manage another £200k, there will be another little dance going on : )
Hi CB
From what I can see, there appears to be a correlation between the size of the Tax Credit (TC) due to company and how much JC pays himself. For example, in 2017 the TC was £1.4m (the biggest TC by far) and during the same year JC paid himself £500K (35% of TC) - his highest annual pay to date.
During JC's 'reign', the company has received £4.6m in TCs and he has trousered £1.8m to 31/12/18 (39% of TC).
He might be able to wring another £200K or so out of this TC vehicle but that will be about it.
Results Day Lol
https://m.youtube.com/watch?v=DBbuUWw30N8
Now come on Itt, according to the company, and a few on here, he has reduced his salary to reflect his inability.
JC gets it alright - £2m and counting.
Here's another great read:-
https://www.amazon.co.uk/Shoe-Dog-Memoir-Creator-NIKE/dp/1471146723/ref=sr_1_1?adgrpid=54830680482&gclid=Cj0KCQjwhdTqBRDNARIsABsOl99wDtPA-kzoyiTbQzJrCJXVZdHHlT7wu5OCkaszIFdn8AX735Ua6UwaAtHbEALw_wcB&hvadid=259079787788&hvdev=c&hvlocphy=9045412&hvnetw=g&hvpos=1t1&hvqmt=e&hvrand=11041446256640107802&hvtargid=kwd-295387900706&hydadcr=18492_1772498&keywords=%27shoe+dog%27+by+phil+knight&qid=1565891448&s=gateway&sr=8-1
That's still 90p less than it needs to be in order to break even!!!!!!!
what's worse is that JC still doesn't get it.
this reminds me of that Monty Python sketch where the knight has his limbs chopped off.
Kartik Swaminathan, Research Director (Technology) at Arden reiterated his 'buy' recommendation on 05/08/2019, maintaining his 12p target price.
Old/young Kartik knows his onions, he was a nominee Analyst of the Year 2019 at this year's Small Cap Awards 2019.
12p it is then.
I do believe in mesh - I've been involved in it at scale and it has unqiue benefits (the post weather event reforming aspect is good for example). But it needs a utility/governent who structures a roll-out so that the network builds organically in the right way. The need for a concentractor/hub to sit between the devices wirth the cards/NICs in and the backhaul meanu can't have a disparate approach to the deployment. For a period mesh was promoted globally as the primary comms carrier then it later started to become the secondary one behind an easier primary. There's no reason why it shouldn't be a main primary network as it is in many USA places, but that was all rolled-out a while ago and now wouldn't be done that way today in all likelihood. That's because there was a stimulus of utility led structured roll-outs in the Obama era that is now gone. Comms now is blended and often driven as we see by the meter vendor having multiple comms carriage paths which it sorts out. I haven't really seen any of these global tenders scale into full country/state area roll-outs recently.
I'm trying carefully to talk about the dynamics of smart energy markets - that's my thing, rather than Cyan specifically. The market environment is changing fast as we all know. We all remember the huge global push around smart cities in 2015-2017, which is now tailing off into business as usual (and the Canadian Google-led mega-one is facing a lot of resistance).
Now the markets are focused on the final maturity of demand flexibility (used to Demand Side Response) around integrated, AI optimised solar, storage and EV. The underpinning infrastructure (including smart meter) are still the same, but the emerging applications move on.
I'm not unique in these kind of insights, Navigant, Poyry, DNV GL and many other expert global consultancies in energy all analyse the markets and choices being made.
I think what EC is saying is the CC solution is never going to be adopted in a scale rollout, I've been saying it for years. Small, boutique, specialist should be the USP, sadly the business plan is far removed from that with very high costs attached. This has been a real mismanaged operation for a long time, with a board that have never understood their target market.
When I say 'it is stuck' I mean mesh not anything else. Mesh is no longer the new shiny dream thing nor the easy, cheap thing. It needs actual thought about infrastructure as the DCC infill discussion showed.
There was a mention of Zigbee being the main historic competitor to Cyan in a recent post. This was never really the case. Whereas mesh is a last mile solution, Zigbee very quickly ended up being a last five metre solution for within premise connectivity. It had a brief foray into last mile but it did not get take up.
The competition is the same. First the easy, cheap and proven thing (GPRS) or the shiny dream of the next thing (over time this has been such as whitespace spectrum, bluewave, satellite, LoRA, now NB-IoT then no doubt NB-IoT2 within 5G networks). Cyan is known as a mesh company, that's the primary basis it promotes and while that has benefits - it is stuck in the middle of the two competitive comms types.
Where mesh has been successful recently is in within home broadband boosting. The BT dishes are that and it is increasingly common.
However the ultimate competitor is always within markets Cyan focuses on - what preference does the local meter manufacturer have? In their region they will have long term presence at scale, create lots of jobs and know how to do business. These companies look for a solution that is good enough at lowest price and complexity- whilst talking up other technologies when they have to.