Member Info for jakeandelwood

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.

Not sure if already posted but gives an overview.

https://www.globenewswire.com/news-release/2024/04/08/2859266/0/en/India-Smart-Meter-Market-to-Reach-USD-3-179-5-Million-By-2032-at-34-57-CAGR-Astute-Analytica.html

Hi Colour. No as yet nothing. There is not one thing in my email that JC cannot answer as its based solely around his comment he put in the public domain. In my view he needs to clear it up. I have to say I'm not expecting a response but let's see.

Hi ITT, LTI.

Most CEOs would not allow the SP to drift as has happened with CC on many occasions over the years. It's the responsibiity of any well paid CEO to manage and deliver the best outcome for all shareholders, not sit on their hands and do nothing. That includes updating the market where possible, promoting the company where not possible.I accept however some things are out of his control.

Besides the many appeareances by JC and his video interviews, often prior to a cash call, when is he visible? Frankly the silence is appalling, particularly after his last promise to keep shareholders updated.

LTI, If this is just JCs opinion and nothing evidenced by research he needs to clarify his point. Failing to do so will only lead to conspiracy theories, losing the trust of the market and potential investment from new investors, so yes, given the statement he made, the affect on the share price since he released it and the current information or lack of, regarding his statement, yes I do believe he was naive. Perhaps it was his Gerald Ratner moment. Either way he needs to clear it up. I am very much looking forward to the next piece of significant news though.

Thanks LTI. I agree lack of news is probably part of the issue. I do however believe the naievity shown by the CEO to make the sort of statement I highlighted is exceptionally poor, particularly if it turns out to be his own opinion.

Morning LTI. What are your views regarding JCs comment? "there is a concerning trend towards priortizing lower upfront costs over quality and long-term reliability has surfaced"

Do you believe this has been the cause of the continuing drop in SP?

Hi ITT. Tried once before but never had the courtesy of a response. At the end of the day it's my hard earned cash that's invested so would expect an answer to a simple yes or no question, that's not commercially sensitive and can be in the public domain. Let's see.

Morning ITT.

On a tangent how about consolidation? Has happened before.

I have again had a look today and can find nothing to support JCs comment "there is a concerning trend towards priortizing lower upfront costs over quality and long-term reliability has surfaced" You would have thought at the very least something would have been in the many research documents, it's not something that has just popped up overnight. Interestingly the word prioritizing is the US spelling, has JC just copied and pasted something from someone else's article relating to another part of the world and added to his India article?

I wait with bated breath a response from the company to see this cleared up.

I will be sending an email tomorrow for clarification ITT.

I for one have had enough of this nonsense . You cannot make the type of statement JC has and affect a 25% drop in share price without clarification. Either its his opinion or fact backed by evidence. Either way he needs to clear it up. Won't hold my breath for a response though.

Hi Tony. I doubt JC has a clue and I hope he's not going to release anything or we could be back to 2p lol. The old election excuse has been used numerous times as has the "inflection point" Once more I will suggest the words lifestyle...company ....JC . Join the dots. Have a good weekend.