Member Info for Colourbounce

Which is looking more likely tonyj?

DYOR lol.

Genus Power Infrastructures Limited’s wholly owned subsidiary received two letters of awards (LoA) worth Rs 31.15 billion for appointment of advanced metering infrastructure service providers (AMISP) under the Revamped Distribution Sector Scheme (RDSS).

The scope of work involves design of advance metering infrastructure system with supply, installation, and commissioning with field management services of 3.48 million smart prepaid meters, system meters including distribution transformer meters with corresponding energy accounting on design, build, finance, own, operate and transfer mode.

A bold statement would be find a Bank and get some grown up finance going. That's clearly above the pay scale of those that should be doing it, so another bold statement is get people in that can. JC has not announced that the BoD have no idea why this is tanking, which implies they know exactly why.

A good 6 years since the 'inflection point' joke was used. That got a few here most excited, come on JC, give us another one : ))

Any raise now will need to be at a significant discount I'd say.

At what point the board decides to run a business, rather than a lifestyle funfair, is anyones guess.

You should well know by now tonyj, India will say one thing and do another. Cheapest wins wherever they are, the Russian oil is flowing nicely in India.

RECPDCL Collaborates to Deploy 4.13 Million #SmartMeters in #Gujarat. IntelliSmart Infrastructure Pvt. Ltd. Apraava Energy.

Yet again, anyone viewing these boards will have already read the RNS.

As ever tonyj, with every good news CC story, you can always buy cheaper if you let it sink in.

Market Cap close to halved for the 6 month period.

Guess it's not the right time to give details why just yet eh.

EVERY placing in CC's history is based on survival ! As they have never turned a profit, to spin it as an expansion need is an utter joke. The SP plummet is not engineered for a placing, it's an unfortunate market view of the company at this time. They might raise at a small premium, but that will be to the insti's, who will be so far underwater anyway they will have to support it. Directors will do the usual, and use their unearned bonuses for the headline buys. The Indian rollout has stalled and with the supposed huge increase in new staff costs, the cash burn here is likely to be its highest ever right now. So mcgoof, my view is CC are seen currently almost worthless, and probably close to potless.

KUALA LUMPUR (Oct 2): Pestech International Bhd’s unit Pestech Sdn Bhd (PSB) has received a RM21.17 million contract from Tenaga Nasional Bhd (TNB) for the supply and delivery of smart meters in line with TNB’s advanced metering infrastructure implementation.

In a Bursa Malaysia filing on Monday, the group said PSB will implement the project together with its other unit, Pestech Energy Sdn Bhd which is spearheading the smart metering infrastructure business of the group.

According to the group, the two-year project entails the supply and delivery of 79,800 units of single phase radio frequency smart meters together with 19,950 units of three phase radio frequency smart meters.

Into Q4 and only £4.90 off target. The next RNS will likely be JC saying he has no idea why the SP has gone through the floor : ) then follow it up with the reason about a week later.

You could never call this lot poor management, they are bleeding the Co. dry waiting for orders.

Money will always be invested in well run companies that turn a decent profit. Those that don't will be first to fall, as we are seeing now, nothing has changed.

Morning Vas.

Proof again that the install numbers have fallen off a cliff in India. The General Election will be held H1 next year. Modi's vision, and lack of action, will likely be well tested.

Wirepas are a constant 99.9% so it's fair to say 100% has to be impossible given all the variables.

Does stupidboypike have any idea why install numbers have collapsed in September?

35 million of those are in France alone, with one provider and one comms solution. The same co. are deep into India, but ignored by most on here.

Zeus have clearly never heard of EDF.

LTI, perhaps best you read the question again. It's not just naming the competition, it's asking a very different enquiry.

'Can anyone identify a competitor who has won awards in India in the current rollout and taken business away from CC so far?'