Member Info for Colourbounce

Thanks Pedro.

What's the range of a DCU?

Any small investor, who thinks they are beyond this type of action, are unfortunately deluded.

Come on Vas, don't go upsetting the delicate members here. North and South Africa have very similar examples.

Hi Vas, no idea what answer you had but the truth is this Company has no sentiment built into the SP due to years of failed promise. Largest orders cancelled, and somehow a falling revenue stream against a supposed growing connection base. Both have to change fast, along with clear, costed, funding options outside of dilution.

Same applies, DYOR. Just because India are saying, yet again as they've said it all before, that funds will be available it doesn't always follow. Whatever goes, CC will need funds. Upfront on contract payment will help, but the other side if that doesn't happen is unlikely to go down well. RNS's must be due I think, who knows what they will bring is anyones guess.

There's the rub Itt. The business model, that I thought applied, suddenly wasn't a business model at all. In all this 10 million to 500k, malarky, I cannot find an official stance on what the model looks like. All I know is, as does everyone who cares to look, that over 1 Million existing connections up to H1 2019, produced just £ 1 million revenue, and resulted in a £ 3 Million operating loss. Some people get Narky on facts, so I will leave that one here. If the 8.07 post is real, good luck with your investment, I just hope you did some research and didn't listen to a word on here.

Lol, now that is funny.

Old news I'm sure, but EESL, Hexing and CC have been dragged into the country over the last 3 years. Not sure if they are just keeping each other company while Bangladesh figure out if they ever want Smart, but who knows.

I think if CC say they will not see revenue in near term, and they have waited well over 2 years to announce even that, we can safely assume these orders are no longer live. The fact they have lifted same from the order books confirms just that I'd say.

Given the small amount of contracts declared as won, so far the only real volume contracts have all been cancelled. We all know about Iran, but there has never been reasons given why the $29 Million Ukraine order just stopped. By far the largest contract won, and it looks like we will never hear of it again. A decent 200,000 number from India, with upfront payments, should get the SP going, if the last pile up is anything to go by. Trouble is the trust here has been eroded hugely over the years, and CC have to start landing the big ones soon. Years of continued proof of concept Pilots have had there place, but they don't pay the bills. Looking at UK, the numbers of Smarts delivered already should have CC well into revenue, even with the 500k dubious late announcement. YE 2019 numbers will be out before 31st March, let's see if UK figures.

Whichever way you bend it, it's a classic CC day!

I put something up that, for me, was as positive as it gets. That eliminates one school of thought then, as if it needed confirming.

It's claimed that India now has 99.9% household electrification. 700 Million more gained access from 2000 - 2018. How that gets paid for from household use remains to be seen, but if they are not collecting the money JC's £ 32 billion, or whatever, must be heading North. I seldom trust numbers from such reports, but these appear too detailed not to be accurate.
https://t.co/NuaVLseObp?amp=1

Shame if that's the case, but they won't be the first, or the last.

Well said Itt, sounds like it's getting heavy going outside of filter land, excuse the racing pun : )

The Thai order started to be delivered on or before December 30th, the date of RNS. They will be 2 weeks in now, Christmas is not a big deal out there, and the meeting should be sometime this week. Given the speed of required rollout, from the numbers India quote, CC must be able to connect 33,000 units in a relatively short space of time? The Indian timeframe, which we know is unplayable, would need 230,000 connections every day! So, 33,000 in one place depending on the infrastructure, could be a swift operation? I cannot think why CC would have put that line in if not relevant.

They've never given forward dates to TU's.

As you can tell, I am missing Cupcakes inane drivel. I find it hard to believe that some followers here are not expecting significant news this month. I will not waste my time debating it here either way, it is clear most do not want the differing view and CC will need to be giving the answers anyhow.

A kick-off meeting will be held in mid-January at which the full roll out plan will be agreed.' - this is what the RNS said LTI.
Full roll out is not 33,000.