Member Info for Colourbounce

Regardless of additional order 'wins' the losses come in between £5.5 and £6.5 Million - check that business plan JC.
Costs per month at £575,000, read and understand that tonyj.
And now, a loan secured against R&D tax credits received in March 2020. No value given obviously.
All very consistent JC many thanks.

IF they manage to bother with the RNS tomorrow, it will be confirmation that 2019 was a flatlined trading year, no excuses they just cannot sell. September 30th will be the one, full of excuses why they cannot sell.
IMO.

Almost a certainty Jake. Any chance they get, they will take. Shame they can't win business as efficiently.

Most of your comments are typo's tonyj. CC have had a 10 year 'dip' in SP, not everyone was in that boat LOL.

Mmmmm operating loss 2018 £6.3 million. Revenue H1 2019, £1 Million....... and you are expecting a non loss making figure tomorrow? Just unbelievable !!

Sadly the percentage death rates in Spain and Italy suggest there maybe some truth in this woolie.

They had deaths and riots against the Citizenship Amendment Act. The country appeared on the edge long before this, just hope they see it as a non fault event and cope as best they can in some peace. I have my doubts. India have been too slow to give its people the basics in life. I thought the Space program might have seen more resistance, but to be fair, I doubt many even know they have one.

There is far more to life than Smart, but this will put India back 10 years at the very least.

BBC 'Many of India's 1.3 billion citizens have been left jobless and hungry.
Tens of thousands of migrant labourers have been forced to walk hundreds of kilometres to their native villages.'

unless this joke has a good punchline on Monday, the threatened orders from October won't even land before the 'Newly dreamt ' year end window. Even the staunchest supporter would never have said this possible at the start of 2020.

This time last year SP was 6.4p, there has been alot of down tonyj, don't know where you got the up from. CC will not get through this without handouts or placings IMO, simples.

Never mind Virus related gov. handouts here or in India. Lets see what FY 2019 looked like, and judge how viable the company and Board are based on pure business facts. They seem to think running to the last day of the window is a good idea, experience tells most it's an indication of what is coming. Without R&D credits CC would be sunk anyway, the UK gov have given enough here, constantly CC's highest income stream. Gov need to let these, and others, fall if they cannot survive on their own. Gov handouts and regular placings have only given Board members the route to stupid high income and bonuses. Time to stop me thinks.

Amazing to think how blinkered some are. Gov. expected to bail out companies that cannot turn a profit in Boom times and will surely get support in a downturn because they hold shares in them. CC going bust will not stop UK or India or anywhere else getting Smart. They barely register in the world, get a grip.

As with every other crisis down the years Vas, it will be used by some as an excuse for abject failure. JC got the line in, as predicted here, right at the end of the presentation. Not sure what his excuse has been for the 8 years before this, but he won't miss this opportunity to lay blame.

LTI given it's FY 2019 report, there is no 'should get' about it. This board gets weirder by the day.

2 main sources of income produced feck all in 2019 tonyj, the current situation will have no bearing on current income. It's all the same issue, no sales then and no sales now.

Given India didn't even consider mass rollout, lots of chat, they can start with a clean sheet in the next coming few years possibly maybe. By then someone will have produced just what they think they want at a cost that goes down year on year.

so any orders to be signed off will have to be re written and presented again after the next several elections LOL.

That would be his business method if he ever went near one. I'm certain he was a Grey Suit yes man during his working life, and anyone throwing questions about inability was shown the door. Classic Civil Servant nodding Dog.

This confirms why you have never been involved in the direct working of a business, or understand what the implications are when you get it wrong. It's very different to the Civil Service old bean, you have to fund yourself at some stage.

They seem to be doing well with their latest update but you do not think it will succeed, why?.

Because their latest update blows one massive hole in their business plan, can you not see that?