Member Info for Colourbounce

I know it's hard to take, but Iran and Bangladesh were site testing Omni in late 2018. Both have dropped the contracts, we will find out the real reason when JC sees fit to tell us, simples. DYOR and check the huge trade levels between the nations, it's not the reason CC are no longer in Iran.

'During the period, the contracts in Bangladesh and Iran were progressing through the different stages of the Site Acceptance Testing (SAT) process with its key partners. CyanConnode's technology is delivered in a phased approach and each stage of the SAT requires the Company's partner and/or customer to determine whether their requirements have been met.'

Since then, Bangladesh chose to look elsewhere and Iran lost interest. Check the amount of trade between UK/India and Iran.

https://youtu.be/e9JojlP_fqA

Just a lttle something else to ponder LTI. If JC had not been chased into the Bangladesh corner, do you think he would have mentioned the country at all? Certainly, would he have informed us that the largest order to date was now re tendered? I know JC didn't like the question, and you didn't want to hear the answer, but it is what it is. Bit like the first 500,000 UK units staying with Connode, it all stays under wraps until they have to talk.

I know the EV addition has come about because EESL have been reporting their intentions for a while now. Lighting has been pretty much completed in India, without CC's solution being required. The mention today must be public EV points, high street or similar locations, again I doubt there will be a need for CC but who knows. The other stand out was UK contract, that will mainly deliver revenue at the tail end of implementation. That has gone out to 2025 as we know. Bangladesh is just another ' nearly there ' point in CC's history. Whoever wins it next time needs to get some penalty clauses in.

Whatever turns you on I suppose. The only parts I was interested in, as I retain most of the back information, was EV charge points and Bangladesh looking for another supplier. It will be good to see the video again, some things were said that needs going over again.

Hello Itt. He mentioned another contract, awarded in Bangladesh to a competitor , that CC didn't quote on? I don't know why he added it in the answer to the question, but am fairly sure we will know the reason soon enough. He did add in summing up that the BoD were about £4 million down across their holdings. Given they appear funded for another 12 months, it was just an honest position to disclose. All in a decent presentation, far better than the dude in the Notspot who was more interested in what was going on outside his window!

Good afternoon LTI. Can you list what you found informative, that you didn't already know? I can see how a new, potential investor may have learned something, but not a long term holder? I need to hear it again, but did he say Bangladesh contract isn't cancelled but has now gone out for re tender? It sounded a bit Boris 'go to work, stay at home' to me. I appreciate anyone's views.

Good point Pedro. Anyone got an idea when the next TU will be out?

'I am hopeful of a list of existing contracts, their progress and perhaps cash flow.'

Unbelievable !!!!!!

Hello LTI, and what better way to gain new investor interest than confirm their largest order to date is still very much alive and talks are ongoing to restart the contract. That information is already released anyway, if JC cannot confirm it tomorrow we are all working with outdated information I fear. It will also confirm all is not well with the order placed way back in 2017.

Because some wrongly think JC is going to release new information at an Investor event.

The simplest confirmation that this is still the case will go a very long way right now.

The numerical inability is astounding LOL.

Bangladesh......if you are reading this JC, Tuesday is your chance. Straight confirmation on continued contract or close the door on your way out. It needs saying !!!! My money is on you will give it a wide one, prove me wrong.

I was going to add IMO, and DYOR but I know you know and do all that Itt.
Truly hope you get a good win with your recent trade.

Once the RNS landed recently regards the delayed Indian contract, the SP reacted as it should. The market possibly thought other delayed orders may begin to unlock. Bangladesh is an older contract, and much larger in size. If this one ever reached the confirming process stage, the CC valuation would increase many fold very soon. If this contract is lost, sentiment will go with it. CC rarely acknowledge when orders get cancelled, they just mark the book value down, and say they are still in discussion. A definite line from the company just on Bangladesh is needed, but I doubt will be supplied. 2 orders, that size yearly, will see CC as a viable concern.

Solid reason to invest at this level Itt. The cost to get the Tech to where it is has been eye watering, even recouping half the costs will put it £ 20 million above where it is now. My concern is it's niche, possibly too niche for anyone looking to play in the volume arenas. The big players mainly have their own offer, that will cover the big numbers, I doubt an operator like CC would interest them. Without a decent level take out, the tech becomes old and continuous costs will apply to keep it where the market demands. Bangladesh for me, if proven correct, is a major blow and I hope CC can confirm or deny . From August 2017....... "This new order more than doubles the accumulated orders from the customer to date to $19 million, with the initial order already having been extended from $5 to $9 million in June 2017. This latest extension for CyanConnode's Advanced Metering Infrastructure ("AMI") solution is for an additional 300,000 units, bringing the total order size to date to 550,000 units." There is no ambiguity there, this was a mighty purchase order that has simply dissolved I believe. It's not the first.

some reasoning behind the new found confidence in sentiment and share price. My issue still sits with the low level of order placement. The election excuse was evident long before , and used long after, Modi was re elected over a year ago now! We have had one new order from India and a Thai contract. The large Bangladesh order, I am sure, is no more. And from September 2019 .... "We are currently working on a large number of tenders which we believe will result in substantial new contract wins for the Company by end of October and accordingly we anticipate that the outcome for the year will be in line with Market Expectations." We all know very well this has not happened, H1 is closing fast, and that statement will be a year old before we know it. For me, nothing much has changed, apart from the loss of one of the largest contracts to date.

To be fair, from nealy 7% down earlier this would normally have sunk like a brick.