RE: £8.2m Value (4.5p)5 Aug 2020 15:44
I think the reality is possibly the only sector, that has been rolled out in volume, is street Lighting . JC had people in Cambridge fiddling with lights in China years ago. Turns out they, nor India, needed anyone to turn the things up or down from Thousands of miles away and just got on with it. JC can make things as complicated as he likes, with shareholder funds of course, but to date almost nobody wants it. He has called entire markets wrong, and hired some old boy network sorts that were given their last pay day for old times sake. And not too many months ago a Chinese group turned up in Cambridge saying the CC solution was everything they needed but had struggled to find it. Could he sell to them? Not a hope in Hell . Again, he spouts it, and then nothing is ever mentioned again. HB was hired to deliver on the contracts and grow shareholder value. The contract he worked on are very likely the large contracts now cancelled. The only thing he may have got right was ' nobody will make any money from a UK rollout '.
I was going to say you couldn't make it up, but JC has.