Member Info for 2cvguy

Hi LTI.

My layman's view is that they are picking the low-hanging fruit with cellular networks.

The mega-rich telecoms companies can't even be persuaded to provide full coverage in the relatively densely populated UK. I doubt it will be better in India, more likely to be worse.

Thanks, Colour, I think I was away when that was published.

The table obviously needs to be given plenty of thought. As you say, it is only for 10m meters, so isn't a projection for revenues overall. I think all of us believers assume (yes, assume) that our share of the rollouts will be much more than that. In addition to which, we will have income from the UK.

So we may be less than 3 years from breaking even, if revenue comes from the UK and other orders roll in steadily. We may - just may - be seeing the start of that.

I appreciate you saying you could be wrong about India. Quite honestly, you haven't come across that way before, to me at least.

Going back to the interims and the idea that R&D expenditure might be capitalised - I was always of the opinion that it was the development costs of Omnimesh that was being referred to, and if its apparent success since it was launched in June continues, then I would have thought this would qualify it to appear on the balance sheet. It's just accounting and doesn't add to the bank balance, but would IMO give additional credibility to the product's value.

Tony - I don't think you will ever see such a graph on the website - certainly not indicating costs in any way. IMHO of course.

Is that un-rampy enought for you, Colour ?

I am optimistically in agreement that more big orders from India could well be on the cards and soon. Before you ask,Colour, no, I have nothing concrete to base that on, just reported feedback from Anil and belief in the CC product range.

Hi Colour.

If I came across as ramping then I apologise to anyone who took it that way - it was unintentional and I have just been trying to understand the reason for the consistent rise.

You are right, you did say you don't care if anyone buys or sells based on posts here. My mistake. I'm inclined to say I largely agree - we are all big enough to stand by our own decisions. I don't much care for poster and bod bashing or scare-mongering though. Or ramping, although I don't see it everywhere as you seem do.

Since you don't care if anyone buys based on what's posted here, then why are you so keen to call out what you perceive as ramping ?

My view on India isn't nearly as certain as yours, but given the latest orders in particular and feedback from the investor meeting, I am actually very optimistic, more so than this time last year for sure. So it won't be a surprise that I do not agree with your suggestion that India should be abandoned and all the preparatory work done to date be written off. Seems to me it is just starting to pay dividends, but time will tell as always.

Perhaps you are right about break-even being years away, but is that based on predicted revenue for the next 3 years published by the company, because I can't recall seeing that ? It is always possible that I missed it, in which case I would welcome a link to it.

Just waiting to pounce, Colour ? For someone who couldn't give a monkeys you appear to keep a constant watch.

The amount needed can be roughly estimated by any individual investor. How accurate it turns out to be is almost irrelevant - if they think they have a good guesstimate, many will make an investment choice. But the point I perhaps did not make very clear is that even with funding known to be an issue to be addressed over the next few months, it is not stopping buying and consequently the rising SP.

What is your current opinion regarding CC's opportunity in India by the way ?

At the risk of putting the mockers on it, it makes a nice change to see the SP moving consistently in the right direction for several days. I had fully expected a pullback well before now, but that's why I'm not a daytrader. Quite unusual for AIM to see such a steady rise though - maybe more good news is imminent ? The need for funding to fulfill orders is already well known, so possibly this is already factored into the SP ?

I'd suggest the continued rise is a surprise to even our resident trader ITT who got out at 10-11p ? Genuine well done on your 50% by the way - not to be sniffed at. At least we all know where you stand when you go all negative on us ;>))

is the progress at LP as evidenced by the latest photos.

Huge and very shiny steelwork and kit, mighty impressive It will almost be a shame to get it mucky.

I was only thinking yesterday that it had been almost a week since the last set of pictures and wondering if they would perhaps dry up, so really good to see them. MM has certainly not disappointed in that respect.

Strider, Saturday you posted "Guys, can't be bothered with this anymore".

As well as obviously being untrue, it was very cruel of you to raise our hopes like that.

'ere, who's he calling an old dog ????

And I'd lke to point out that you can teach an old dog new tricks. So there !

Here we go again, lol.

Skier - I think the fhe fact that you put the word orders in quotes is very odd. Are you suggesting they are something else being presented as orders, and if so, what ... and why do you say that? If not that, then what exactly are you suggesting ?

"you can’t educate the uneducated". What a ludicrous statement that is. Who here was already educated before they started school ?

Strider - there is a big difference between your claims that a placing is definitely coming, and others saying that is unlikely but cannot be totoally discounted. What you didn't like was that your logic for expecting a placing (history during explo phase) was shown up to be flawed, as we are now moving into fully-funded production.

Strider - Kev's got so much credibility on here in the bank that he can afford to lose a bit.

Just my opinion, obviously, Jaf.

Good morning LTI.

Not just the company, but the people running it have been horribly slagged off. Still, I'm sure they have thick skins and broad shoulders, and would respond professionally and courteously to ITT, even assuming they know what his real identity is.

Have to say, I wasn't expecting this steady rise. It would be nice to maintin this until the end of the day, but I wouldn't be surprised to see a bit of a sell off this afternoon by those who like to be in cash over the weekend,

Then, the same again next week would be lovely.

ITT - I've never really looked into EIS, but according to the company website the person for investor enquiries is the Company Secretary ( cosec@cyanconnode.com ) so why don't you start there ? If that's not the right person for your enquiry then I'm sure you will be directed to the one who is. Better than asking anyone on here I would suggest, and what have you got to lose ?

Hi Muvver.

According to this https://beta.companieshouse.gov.uk/company/09392099/officers Bo Dong is Chinese and resident in China, so I guess it would not be UK HMRC being fiddled ? Mind you, I don't think anything to do with Hansource can be taken as Gospel.

Thanks, Multi - that does make sense now that I've re-read the report with that in mind.

I meant to ask, in the contect of the sales pipeline, what is meant by a <qualified> opportunity ? LTI ? Anyone ?

Thanks for posting the link LTI.

The main thing that strikes me is the fairly detailed forecasting of numbers of meters, revenues and margins - I don't think I've seen this before. And the example of yearly revenues over the period of a 10m meter rollout is very enlightening.

But as CB says, "like most here", I "struggle with the numbers" lol.

Well, big numbers can be hard to get your head around.

Caught a bit of this on the old valve radio set this morning.<br /><br />Interesting section on fund managers and technical analysts / chartists ... they dont know any more than monkeys. And less than monkeyhangers I guess.<br /><br />https://www.bbc.co.uk/programmes/b0bk1fbw