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Times are not the best so why the jump in SP, cant be news ahead because that could come under insider dealing and nobody would take the chance on that would they? :))
When an SP is rising or falling, is there a point (percentage-wise) at which the BoD are required to make a statement to the market re the share price movement?
ITT, it could be that the early rally was a bunch of day traders who could be back out by close.
Looks like AIM generally has had a bit of a rally.
See what tomorrow brings.
DYOR
i still dont understand i had a dream and orange shoes ------did i ever tell you the end hope you like tunes
Was yesterday a bit of a myth, I could see no evidence to support it. Is it a knock on effect of Trilliant, may be.
Somebody went for 1m in 4X 250k bits. Was that day traders running over or Greengrass trying in stir excitement (if so it worked). I was looking for an RNS this morning to explain but nothing.
An RNS to explain what? They don't give explanations when the SP plummets 2000% why do it when it goes up 25% ??
No Colour, an RNS to explain, not the company's reasoning.
Something like the latest Thailand contract is proceeding and deliveries on time, which was due to commence in May.
An RNS with that information is even less likely. This is a Communication company, with a new level of communication according to JC, I think they forgot all that within a day of saying it. I have asked the question on EESL jv with Trilliant. Not expecting an answer.
As I understand it Trilliant is responsible for head-end connections so it would be the meter manufacturers supply/fit or others.
That being the case I do not see the fuss, have you seen Trilliant's statement, I haven't. Does it say differently.
DYOR all.
Did you not watch the 1 hour Webinar?
No, caught up in other things, domestically.
Appreciate a summary.
Go on Elit Asia and register to view it, takes seconds.
Attribute the rally to the Gizmo effect.
Trilliant are agnosic to any meter, communication technology , device or vendor, and have a variety of technologies for every application. ...that's what they say. The communication technology used will be chosen by the customer, and i'm sure that essl are not the end customer, they are purchasing the meters , end customer would be the utility. Wouldn't it?
Hello Vas.. I can't see what the rally was other than sentiment. 2m shares do not normally move SP a quarter.
Re Trilliant that is exactly what JC says of CC, Unless they are giving the stuff away I can't see how they are cheaper than CC.
They still haven't got beyond this 1m or up to 5m. It would be interesting to see, in proportion to Indore's size how much their domain has saved financially. The question is can CC hold out.
DYOR
This SP will probably go back to where is was 1.3 until more evidence comes forward on Indore and the new Thailand projects.
Hello Colour.. Did you get your answers from JC re Trilliant v with EESL.
Colour.
Perhaps we could ask JC about CC's. position in the Indian setup. After all there are a lot of opportunities and a lot at stake resulting from any possible link up with EESL bearing in mind this jv with Trilliant. I would like to know just what Trilliant are doing.
As things do change in U Turns in India it might an idea to ask JC for a summary together with Anil.
I still think that the organisation is in place and a matter of getting restarted.
DYOR
Colour..
As you have asked a question I will ask JC about Trilliant.
I will ask about price ratio, do CC provide a cheaper but competitive facility.
'Althougth much smaller at present is Indore getting a better return for its CC investment than Trilliant's cost effectiveness'.
I got a plausible answer that suggests CC think they will be involved if/when this India volume starts in anger. We have seen many times now how close India think they are to pushing buttons but never actually get there. This time might be different, then again, it might just be India again. Time will tell, as ever.
Been in this company since inception and have been diluted to death, this is one of those aim companies that bleeds investors dry in order to keep the lights on. Any contracts of meaningful amounts agreed do not cover costs based on milestone payments and they will always have cash flow issues, hence the repeated share issues & consolidation, only people to make out of this are the management team.
Colour, can't deny your observations regarding India. It's all go then all stop. EESL changed management and I wondered what now. Hopefully we will know shortly where we stand in the pecking order, not too close. The thing is we were originally looking at getting individual contracts, Mumbai etc, these were getting slower and slower then along came EESL and we thought game over. We were going to struggle along with Mysore etc and small private contracts.
Last year it changed again with an invite from EESL, at some point we will know from JC our involvement. It may come to nothing but it may come back to the old PIPELINE, add to that any possible virus delays and the next few months is a matter of luck.
so you never all invested
back to normal now! must have been a dream!