You mean tow the party line and don't post anything you don't agree with Tony. It was simply a piece to read in full, which clearly you, as usual didn't bother to do, just looked at the headline.
Incidentally after all the recent shenanigans I am extremely cheerful thanks. How about you?
Morning Tony.
"Morning jake, we all know what AIM is about, you are stating the obvious, I wonder why"
WTF does that mean? I posted it as something worth a read, then again of course there are some big words contained within the piece so some may struggle. DYOR :))))
An old article but worth a read.....
https://www.investorschronicle.co.uk/shares/2019/12/13/avoid-aim-s-traps/
Morning ITT.
I agree somethings afoot. I do however think the walkdown of the shareprice, the large seller a while back after bigging up the company, the new orders RNS, the update release, all fit the usual MO.
This is one share I've found reasonably easy to risk manage just by following the usual trend,I'm hoping the company doesn't shaft long term holders.
Perhaps allowing them to take shares at the same sort of opportunity / discount to take part as the institutional shareholders based on their current shareholding would go down well....and.... back In the room. :))
"appointment of joint broker"
For me this points to one thing....... a large placing, question is at what price. Would explain why the SP has been dropping.
Wonder if Mr very upbeat has bought his shares back yet?
It's a bit of rain made worse by cloud seeding and lack of proper drainage. Everything will be fine.
Morning ITT, I think the market could be right.
I have always been of the opinion if CC were to win any very large orders they would struggle to finance them without a significant fundraiser of takeover.
Welcome update but for me short on financial info which worries me. Maybe the walkdown of the SP was to support a fundraise, it's happened before as we know, then, post raise, a lift in the SP. Just got to keep playing the game.
With the very positive trading update, the content that would have been known for some weeks, why the SP has recently dropped around 25%?
So LTI. You think the comment did nothing to negatively affect the share price?
Hi Tony . Ypu look as though you got the same as me. JCs foot in mouth comment crashing the sp again. As I said he really needs to think before speaking sometimes.
And no doubt many other products and solutions from other competitors. Absolutely ridiculous to even contemplate it means anything other than they looked in, took a few freebies (note the plastic bags) and moved along to the next one.
It's......... a trade fair. Nice jolly for a few days in Dubai. Sadly unable to release anything to stop the slide. Let's just hope he doesn't have another Gerald Ratner moment. But......... well done all lol.
Share options anyone?
Hi Tony.
Personally I think JCs daft comment has had more of an effect than even the lack of news. Combined both have helped drop the SP almost 30% unfortunately. Once again a case of receive and think before transmitting. There is history here of course with the occasional foot in mouth faux pas ,but I think a more proactive CEO would have acted to quell any rumours. He hasn't.
Unfortunately talk is cheap when it comes to the manner in which this company treats shareholders regarding updates ITT. The SP was 7% down at open now about 3% down. I fear somethings gojng on in the background, hence the lack of the usual message " we see no reason for the drop in share price" or whatever the phrase is. I am only assuming that the silence indicates the opposite and something is going on we are not privy to.
Interestingly someone on the other board suggests them going private.
Another 7% down? Something certainly does not seem right. The silence from the CEO is deafening ....... where is he?
Hi ITT.
I did suggest in my email that under the circumstances and the fact there was a promise to keep shareholders updated ,which has in recent times been particularly poor,maybe something around our CEOs thoughts and context would be appreciated.
I still believe that should happen.
Hi ITT. No problem.
I can understand why JC would try to sell the line quality over cost, I've always believed the adage"pay cheap, buy twice"
What frustrates he is the way some if the news is released without seemingly much thought around the consequences at times. It remains to be seen what CC can win at their price point. We all know the issues in India, they want something for nothing but top quality, hopefully those that choose that route get burnt and CC are there to pick up the pieces.
Morning all . I have received a response from the company. I wont post the whole email just the relevant points.
Having looked at the response I think this was JCs personal take and lessons should be learned. One thing taken out of context can have negative and (sometimes) a positive affect.
I fail to understand why some of this stuff is not peer reviewed before being released. My personal feeling ,right or wrong is that this is one of the things that has reflected in the share price over the last few weeks. Lets see where we go from here. I,m sure anyone contacting the company themselves will be provided with the full email if required.
The overall article.......
"Regarding the article, thank you for reaching out with your concerns regarding this blog. It’s evident that a deeper clarification is needed, especially regarding the context and intent behind his views."
"John's reflections, which were aimed at industry stakeholders, policymakers, and regulatory bodies in India, were intended to spark a dialogue on the importance of prioritizing quality and reliability in smart metering solutions amidst pressures to minimize upfront costs.
The comment around cost....
"a concerning trend towards prioritizing lower upfront costs over quality and long-term reliability has surfaced" should be understood within this larger narrative, advocating for the long-term benefits of investing in quality—a principle at the heart of CyanConnode's mission.