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India have been pulling JC around for years. JC decided he needs an Indian national in place, and they now pull both of them around lol. Anil is very good at photo ops, writing in trade mags, and cutting ribbons, whatever the feck that is all about .But give him sight of a contract to win, not a hope in hell. They need sales professionals, the route to market is yet another half baked JC failure. They have no idea what they are doing.
Jake it was a fact that multiturd changed his name to impy, he claimed he lost his password, ~ yeah!
Knee~jerk ~ you know you met him, you also knew he changed his name but didn't crack on and so did Lti, so no need to say that they were assumptions or suggestions they are facts.
Mr Strong, I am not sure to the k but my calculations were 140k, could be out on that plus we would not know if he sold any, what we all know is he did not practice what he preached.
You only have to go through his history under his previous ID and being that we are all trapped in our homes with all this media hype you may have time on your hands.
Off to get the Barbie ready.
Hello BST.. I told you my average which is not bad. Not disclosing my finances for your wrecking ball.
From my memory of your good old days when you trumpeted about Cyan, wasn't you the biggest PI.
Had you invested in 500,000,000 shares (old numbers) or was it £500,000 cash.
I may be wrong on this but it was a lot of confidence to exude. I can assure you that I am absolutely nowhere near that.
DYOR.
I think we can safely assume you cannot actually work out how far down you are. Another simple sum is beyond your ability.
LOL.
Your average is 9p, so why keep encouring people to buy here with totally redundant claims about Indore? This is a lame duck, surviving by hocking off future benefit scrounging. Anyone hazard a guess on what that finance will cost? 15%? Anyone asked cc what it's costing, I'm sure they'll be very transparent.
Btw, why do the government support businesses like this that are creating something nobody wants, and vastly overpaying employees for failure? Total waste of money.
After this current situation closes, and the Gov look into the deepest black hole since WW2, they need to consider how wasteful the use of R&D tax credits are in some cases. Viable companies get on with R&D and get to market the products that support everything else. Others, like CC, simply rely on it as their largest source of income because they don't know how to run a business. That tap should be turned off IMO. And to boast the income as an operational highlight, confirms they have no intention of ever not using it in their ever changing 'business plan'. Pathetic display JC.
tonyj will never be honest enough, but he will certainly wish he had never heard of this Turd of a company.
Our posts crossed BST, I doubt the handouts will continue to those proven in failure.
Colour/BST.. You don't realise what a funny pair you sound like. You say do not support CC with R&D allowances, that it is a failing that should left to do just that. Question as always is why are you on this BB, have you got any shares in CC, is this still just sour grapes. This is AIM, the SP may drop to 1p. but not because JC is not getting contracts, the Virus will pass and it is hoped the Smart business will continue where it left off but who knows. There is a lot of turmoil out there.
I think you two are just sitting there looking in the bottom of your glass.
DYOR
Thanks BC.
Always guessed something was not right. If certain posters on here did know the facts and at best kept quiet I think they have now lost any credibility.
I take little notice of what's said on BBs but their are inexperienced investors that take things at face value.
Hello BST.. Now don't get emotional, when you pulled out had you lost £500k or was that incorrect. if so I would have thought that you would have stayed miles away. Instead you are trying to finish off the rest of the PI's.
On the FTSE100 its a temptation to get back in but I have a strong feeling that the rally, with government assurances, is not going to hold and everything will dip again. Unfortunately just when you say that it turns back up again.
That's life, DYOR.
I pity you tonyj, wrt the effort you really put in on the bb thinking it would help the sp to go up and you can lure the newbies to invest here. The fact is, only the RNS will change the SP, and not the messages (especially based on assumptions). I wish you could provide some inputs to JC about how to attract PEs or public funds in current situation with your great insights instead of trying to attract tiny individual investors here.
What matter now are,
- What is the cash position and how long can CC continue without dilution (I expect no loans are possible in the current situation).
- Will CC be able to convince the investors (specifically based on their track record, previous projections and failures).
- If they fail to deliver the orders in hand will they be able to continue the business without getting blacklisted?
- Will they be able to reduce the costs (can they afford to reduce the manpower? If so, whom can they sack?)
Everyone knows,
- it's hard to get the funding now
- the situation worldwide (including India and Thailand) is not good for execution of any project, forget about new orders (for the time being at least)
Please don't tell me we have LC from Genus and others (I have seen you repeating it a lot earlier). It indicates you don't know the meaning of LC. LC is not advance, it comes into picture only after the delivery and that too based on the condition of usance period.
Be safe (both health and finance) with or without research. Good luck.
Hello MNM.. You come in when the going gets tough. As I understand the Credit from Genus is to get RF module from makers to Genus when payment is made, you may know otherwise. If the 3 main manufacturers are incorporating CC RF it's in their interest to see that progression or to start again. RNS's when they occur usually have an effect but up until recently PI's held a major stake in CC. With the likes of Greengrass constantly saying 'I see 3p acoming, I see 2p acoming' etc. you think that makes no difference, get real. With bigger companies only funds would have that pressure.
If you bother to notice I have said I see CC possibly dropping to 1p in this climate. So read up before you mouth off.
Everybody DYOR.
tonyj,
It proves you're off the track again. I think I should start another LoL.
You're still talking about 1p and I'm talking about survival and being alive. Re-read my post.
BTW, I first came in years ago when things were too optimistic and not when it was tough.
I guess you didn't really get going onto real research after my recent posts. Do you think the 3 main manufacturers are dependent on CC RF for their business? You should compare their numbers vs CC's contribution in their business. And it is foolish to think they won't survive without CC. They have too many options.
Again DYOR and Good Luck.
Ok I missed out the other one.
LC is not the advance payment. It is only a guarantee on payment from a bank of the issuer to the bank of the one who delivers the goods. So, the supplier should still ensure the delivery takes place first by their own finances and then the money will be released (or discounted) based on other terms and conditions like the usance period. If the LC is with 180 days usance period, it involves the interest accrued on the amount to be paid (and Rate of Interest in India is about 10-12% depending on the bank) if it is discounted before the period mentioned in it (and you don't know those terms, as CC won't talk about it).
Considering your inability to carry out the research on your own, here is my help to you.
https://www.investopedia.com/terms/l/letterofcredit.asp
https://en.wikipedia.org/wiki/Letter_of_credit
https://cleartax.in/s/letters-of-credit
And BTW, what others say also doesn't matter. The issue is not about trying to help CC in improving SP, it is about being realistic.
Good luck tonyj. See you again whenever time permits (irrespective of the state of affairs).
'So read up before you mouth off.'. Now, now Tony, don't get emotional.
So, your LoC that you were banging on about how brilliant it was for cc, is in fact another massive red flag of the desperate state of affairs here. Can you let us know what you have left to cling to?
Getting it yet tone?
Hello The Three Musketeers plus of course d'Artagnan (ITT).
MNM, I am not really interested in what you are saying about Credit. After being away (so you say) for some considerable time you return to stir up trouble. Newbies and Long-terms are on here for the success of the company and to possibly show a profit. JC says he has credit from Genus to enable him to tranfer CC RF product from maker to Genus for installation on production line, when he gets paid, so he has credit, got it. He may have had to have variants added to enable this but Genus and the other 2 wanted CC RF to complete the installation percentage agreement, like UK notspots, and I would not be surprised if the same applies to EESL where they might be prepared to pay a little bit extra (OMG) to complete the task. Also, again unless you know otherwise, Indore is solely RF, what do you make of that.
Hopefully CC will be able to collect any outstanding debts which are probably few with Genus etc and just a matter of keeping on top of office work.
I said I had allowed for a drop to 1p and of course it matters on this BB we are investors.
MNM, I liked Imperials approach with positives but you seem to be his anti.
I would not bother.
All DYOR, very important and this time.
Hi Tony.
Did you also like the fact Imperial was as suggested apparently posting under different usernames? Simple question requiring a yes or no answer did you yourself know that was the case?
Hello jake.. I must admit I was more interested in what he had to say. He went with my way of thinking.
My current view is that following INDORE success CC stands a chance of doing a Phoenix resurrection but will probably suffer until this crisis passes.
Greengrass will probably say I smell 1p acoming but that really will not make much difference.
It's a matter of weathering the storm.
DYOR.
But did you know ? Yes or no will do.
' Hello jake.. I must admit I was more interested in what he had to say.'
This would be the one at work that epitomised the meaning of Two Faced. Right or wrong, if he was happy with the view he would back them, ensuring everyone else thought he was on their side. I couldn't abide these low lifes, and have been fortunate enough to be positioned to remove them at will. You never found out just how detrimental they were until they were gone. Unfortunately, the two faced method would get them in another unsuspecting door to start over again. Absolute vermin.
jake, you need to grow up.. No I did not know until highlighted but I bet there are others doing the same, may be even you but I would not be bothered unless they are making opposite statements to drive SP. in both directions, to their advantage.
Well Colour, did not understand your last BB, perhaps stir crazy.
I do know you jumped on board every word MNM said, and your buddies, even though he is out of touch.
Do not forget Colour to put DYOR he may be watching.
DYOR
MNM