Member Info for jakeandelwood

Hi Imperiallondon thanks for the response. Accepted that what you say is your opinion and I respect that. Mine is that the share price over the last three years accurately reflects the company performance. Until I can be sure there is no imminent cash call ......I'm out. AIMO of course.

Mirnu g ImperialLondon. I don't think you have definitively answered my question from last week. "What are your views regarding CC as a company and its delivery as a business to long term shareholders from a financial and delivery perspective . Long term cabe say from consolidation" Apologies if I have missed it. Appreciate the in depth information you have given in your responses but it doesn't cover the question asked.

Morning ITT. That was my overall point ,anyone investing in Aim shares long term without dipping in and out must be crazy. To hold an Aim share for 10 years if you are losing heavily from your initial investment and hoping to get your money back us mad in the extreme. AIMO if course.

Morning ImperialLondon appreciate your response. In short I agree with you on the technicals. The issues for me are and were, as always with any investment the financials. Despite the 3 or 4 year timescale being thrown around by many, the reality will for me be more like 10 to 15 years so we also broadly agree on that.
Based on the timescales and the way tech moves quickly there will need to be significant ongoing R and D to keep pace with the many other similar and already operating platforms being utilised througout the world by other providers. This will of course add to any ongoing cash requirements. In short for me that is the reality of the situation.
For the overall invest performance I was mostly out prior to consolidation, I've rarely seen it benefit shareholders. We both agree it seems that 10 years is the realistic timescale. On that basis even investing at let's say 0.18p A couple of years back it would be potentially 12 to 15 years before realising any real financial return, not in my view a wise investment in terns of risk, timescale and rate of return. Like you I'm a long term investor in the Stock Market and mainly invest in Blue Chip for 5 years minimu more often longer. Aim shares I personally don't believe you can apply the same ruleset to. Many hear would have invested much higher than my 0.18 p suggested.
All of the above is only my opinion, hopefully taken as balanced and based on the evidence available over the timescale suggested. I've made investment mistakes , many over the years and respect other people's views. It would be however be stupid of anyone to invest based on what's posted on a bulletin board. Sift through all the information available verify it, DYOR yourself and make your own decision.

In case you missed it Imperiallondon I've not t posted for a while due to other lifestyle commitments .Not sure what all the angst seems to be about at the minute and cannot be bothered to read through the posts. Your last post appears quite level headed and in depth. What are your views regarding CC as a company and its delivery as a business to long term shareholders from a financial and delivery perspective . Long term cabe say from consolidation.Like you I have invested for more years than I care toremember,mostly Blue Chip that, more than often look after themselves. I have had very few Aim shares past and present both winners and losers but mainly for fun. Would be interested to hear your overall take on things in a balanced response. . Over the last month's there has been many opposing views here and it seems a 50/50 split. I am out at the minute and intend to wait until any future fund raise that may happen before making a call.

Morning IL,not posted for a while due to other lifestyle commitments in the sun.
Not sure what all the angst seems to behereat the minute and cannot be bothered to read through the posts. Your last post appears quite level andupin depth. What are your views regarding CC as a company and its delivery as a business to long term shareholders from a financial and delivery perspective . Like you I have invested for more years than I care toremember,mostly Blue Chip that more than often look after themselves. I have had a few Aim shares past and present both winners and losers but mainly for fun. Would be interested to hear your overall take on things in a balanced response. Pleae understand this not intended to bait anyone. Over the last month's there has been many opposing views here and it seems a 50/50 split.

Some on here can try ITT! Unfortunately talk is cheap and money buys houses, until fully funded CC will in my view be vulnerable.
Back from a break but have been watching with interest. IMO the time to take a gamble here is after any raising of funds. At least that way you have a slight chance of a return.
Does make me smile when the newbies arrive with the belief they have called it correctly and will make a fortune! Those that have watched this for man years know the risks, after all we were all believers once. There is no substitute when making decisions than experience. AIMO good luck everyone.

She goes up...she goes down. How many more mug punters this time? MM must be pi55ing themselves!

Ali Bongo was in the magic circle lol.

Spot on Colour. Tenders can also include anything from a bond guarantee to liquidated damages etc etc.

Hi Colour. One of the first tasks carried out by the procurement team in my previous world was the financial health of any supplier and their ability to deliver the full contract. One would assume this would be the case I should assume with any companies involved.

Hi Craig. Splitting hairs........."A company cani issue shares nil or partly paid. For example it can issue a £1 share and take no money for it on issue; or can issue the share paid as to 25p only. The amount unpaid (the full £1 or the balance of 75p becomes due and will have to be paid when the company calls for payment at a time anticipated in the terms of the share’s issue, or on a winding up if the company’s assets are not enough to settle its liabilities.

Good point Ringworm. Seen all the excitement here in the last 24hrs and the celebration nthat we are at around 50% of the the share price in August. On that basis I think I'll wait until the next potential placement and possible discount. AIMO of course.

My understanding is the LOI " is a firm commitment with no conditions" those were the words used in the video. On that basis you could argue it is binding otherwise it would contain "subject to or without prejudice" I would have imagined.
Only my opinion and you can only go by whats said in the video.

Would prefer.....Ain,t nothing Like The Real Thing- Marvin Gaye and Tammi Terrell . Unfortunately all we keep getting is.....Words , The Monkees

"The Board anticipate that these in year cost savings will provide further benefit into 2020, and anticipate the savings to increase by a further £1.2 million per annum for 2020."
Would that statement not suggest CC do not expect to have to invest any cash to deliver the contract until after YE 2020? Therefore do you assume no contract commencement until 2021? For me the RNS raises more questions than answers.

Hi Tony. Can't be bothered to spell it out but........ installation to start within 15 months, revenue over two years, is there a non binding clause? Take the simplystic view. AIMO of course

Apologies for the typos walking and typing lol. But you get the gist!

Hi Tony again supposition. What makes you think CC are named innthe main contract? Look at the RNS Andrews the timings. 80% of the revenue over the next two years, contract installation within the next fifteen months.
So best case CC will get 80 % between Dec 2019 and Dec 2021 or if the contract ibstalkat commences at the far end fvthe scale ie Mar 2021 could be 80% between 2021 and 2023 worst case. That is assuming no Jon binding clause within the LOI.
Just my opinion and taking a balanced view based on what is in the RNS. VAS is spot on, lacking specific detail.
On another point can anyone confirm if any other LOI has come to fruition?

"The installation of the project is expected within the next fifteen months," So it could commence anytime from today to March 2021?