Member Info for iantobach

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Not sure why you're spending so much time on this LH when you've sold all your shares.

I think that the rest of us are quite capable of coming to our own investment decisions without your help.

The reason for, and the benefits of, the fund raise should have been sold much better in the RNS to avoid such a large drop in the shre price - I think it will be over 30p again fairly quickly.

Great presentation and Q&A - feel very reassured.

Registered customers now over 200,000.

Peter was easy to talk to and impressive. I took comfort from the fact that he stated that MSC assume that the trial will be successful.

Well, Craig has been hinting at this since the AGM and now it's confirmed!

We will soon be active in over half of the US states.

Fantastic achievement for such a young Company.

Well done to Craig and the team.

LH

Getting really fed up with your constant drip drip of negativity.

Filtered.

Very reassuring. Really looking forward to the interims!

Well, if things don't work out he will be getting nearly as much grief from his wife as I've had over the years from mine!

Feeling quite positive at the moment so picked up another 200,000k earlier on today.

Looking forward to to meeting lots of LTHs at the AGM.

GLA shipmates...........

Someone is stocking up big time!

Delayed 100k buy from yesterday just shown up.

I do understand that a lack of news can be frustrating. However, I have had more than enough "excitement" with some of my "wild-cat" shares. Day by day, week by week Ondo is building an impregnable position in the market. We will be Ebita positive by the end of the financial year and we have no competion in sight. Just think of all those leakbots going into year 2 and beyond and the surge in profitability that they will bring. Patience will be rewarded.

He's actually starting on Wednesday.

Blimey, Craig looks a bit younger than he looked on Monday in the photo. Have Ondo developed an anti-ageing process as well.............

Cash position wasn't specifically mentioned. However, they do get paid upfront for each tranche of devices shipped to the Insurer.

Well, it was certainly worth a visit to London to meet the Directors who were all very approachable and gave up a lot of their time to answer all the questions shareholders had. A few points to add to Andii’s excellent notes as follows:

- they certainly didn’t waste any money on shareholder beverages – water only!

- about 9 shareholders in the audience

- the strategy remains “more of the same”. They are hoping to get the monthly deployment up from over 6,000 a month to 10,000 a month through the use of auto ship, and are working hard to overcome some customer apathy by giving a 30 day installation deadline.

- making leakbot mandatory is clearly being actively discussed with some insurers, using new Ts and Cs

- NFU have a controlled roll out which means that not all customers have been offered a leakbot yet

- All the new plumbers are trained by an ex-HomeServe customer service manager.

I spoke to KW before the meeting, and he confirmed that the monthly $5 fee continues for as long as the leakbot is active (I think someone on the BB had thought that it stopped after 2 years). So, with costs recovered in year 1 and reduced plumber time in years 2 and onwards it is very scalable…… I think we have a winner!

I left the meeting feeling very reassured, and very surprised that the share price went down today. Having worked in the Insurance Industry for many years I am still trying to find where the “catch” is with Ondo and my investment but still haven’t found it. So, on the train back to Swindon I treated myself to another 10,000 shares.

Happy days.

I am planning to go to the AGM next Monday so will report back.

I was going to give the AGM a miss this year - not anymore!

GLA shipmates......................

TheSwan1. If you have nothing useful to contribute (and it would appear you don’t) please naff off and leave us genuine investors in peace. Filtered 😎