Member Info for Colourbounce

Given we should be right on top of the report, what figure will be seen as an acceptable progress step in revenue for H1? I'm going £3m as JC has stated break even by Year End.

Oh dear.

I'd rather that loss than this pile of ****e.

That will go straight over his head Itt, far too concise : )

Here we go, Square Pegs at the ready. If UK had taken Omni JC would be all over it, even he isn't that daft. Then again, he may have given them the upgrade for the entire project for next to nothing, now that's well within his capability, as China found out.

Remember how transparent and clear reporting was promised many months ago? JC cannot help himself, the additional revenue is probably offset by higher costs somewhere. You have to assume the worst case with this lot because it nearly always proves the case. They should either report with sensible detail, or say nothing, most proper businesses appear able, but JC needs it as clouded as possible for obvious reason.

This is as bad as it gets, loose change 'orders' highlight the level of desperation.

'Service Enhancement' description has been strangely ignored by all but one. JC must be scratching his head , normally his numbers man is all over this kind of crap. It's his specialist field too, he must be over hearing all kinds of imaginary conversations.

You still here? That's 20 minutes now. Although 20 minutes without a Ramp, so very well done, how times change eh.

Truth is Overfiend, you are on here every day, just cannot bring yourself to deliver your usual Ramp as you now believe you have been blinded with promises for sooo many years.

I doubt it will be out tomorrow Itt, they don't do Fridays. They aren't too keen on Mondays either, so mid next week is my guess. Plenty of time to try making H2 look slightly viable.

We will always have polar views LTI so I will leave you with this. JC's own business plan involves 10 million connections. It will take 3 years to break even once this is acheived. Based on the ramped up manufacturing, which sounds like capacity, the 10 millionth unit will be produced after 26 years.

This is CC, don't forget . Only CC could ramp up to 32,000 monthly, build up around 250,000 and sell just 4000. Next month, if everyone is daft enough, it will be nearer 300,000. Those 4000 aren't delivered yet either, that's a whole new thread lol.

Whatever term CC care to use, it's cash tied up in stock that isn't moving. That has multiple costs attached and doesn't look good with suppliers I can assure you.

Ok, in non CC world that is classed as 'stock'. A stock level should be a number of units that can be replenished based on sales history and probable sales futures. IF CC have done as stated, they will now have towards 250,000 units stacked somewhere with all the associated costs. I would guess the manufacturers should be asking questions, given only 4000 will move, and not until H2 at best. I think they may have been a little previous in the scale of production error, Anil probably has his phoned blocked to quizzical suppliers.

Just a few observations to debate. My placing guess was based on JC giving no information, as usual, until he had to in confirming the YE balance. I still don't believe I will be that far out, with the order sheet H1 hasn't delivered, they will never get to YE without one, forget what JC predicts. I will leave aside the 'Draw Down' aspect, you clearly don't know how that works.
And quicker add-on orders once RF is in place. Remember when L&T had the amazing idea to not have to issue purchase orders to Cyan, as it took too long and speed was so vital? RF is in place in existing projects already, all that's missing is the order extensions. This could be because different, far cheaper, solutions are being recognised and evaluated.

"Solid progress is also being made on the roll-out of SMETS2 meters, and we look forward to giving further updates on global sales of our innovative smart metering solutions as the year unfolds." edges it out for another 6 month window as nothing has happened in the last one. 32,000 unit MONTHLY production hike in India, and they manage to shift 4050 - Anil, well played Sir.

I can't believe you kept a straight face when writing that LTI. It's exactly as predicted, be prepared to be underwhelmed folks.

Lol, classic...... enter stage right : ))

If in any doubt of Indian time wasters, take a look at the India Union Budget Highlights recently approved. JC, you have called this so wrong, again. Anil, how's about some comment on the CC website, it's nearly 2 years of delivering Feck All, you must have some words of wisdom?