Member Info for OPENSPACES

Clearly there has been some confusion between £3.5k a week and $A350kpa . Well as I have said last years accounts show $A350kpa = £252Kpa= £5k per week . If you want to argue about that well carry on . Fed up with you trying to score points. If this revenue is gone its gone and will have to be replaced by something else

FYI copy of my posting at the time
Let?s be clear there was debate about current royalties and their contribution to total revenue. Somebody asked the question about who paid what and I commented about the fact that until recently Murata had not generated a lot so far and that as far as I (and many others knew) Murata had not paid any licence fees. Parkez has proved that sometime ago they did. Well done. I have also established a base for FY12 for Murata of $47k. Given that the bar chart at 17 mins of the Oct seminar now shows FY17 at about 760, this means Murata?s contribution last year was about $350k i.e. almost exactly half of the recorded total income. So there you have it, AVX and Murata at the moment contribute equal shares. The experts on here will know which of the two will generate the most ongoing, although as I have said previously currently it generates less that one fifth of total revenue. Only trying to help chaps. Have a pop as much as you want it makes no difference to me and yes I am still in.

iwgrod I don't think I have ever been critical of licensing as such . I have emphasised that currently it constitutes less than 20% of total income and should regarded as such.. I also calculated when annual revenue was $A0.7 m that the contribution from AVX and Murata was roughly equal. That works out at £250k pa or £5k per week for Murata. (hardly mind boggling).

IWGROD I think the last 0,7m royalty income was split 50/50 between AVX and Murata. The bottom like is that this 350K pa needs to be replaced just to stand still. Mar report will be interesting but does indicate that this business is not a licence to print money and makes CPX the more risky

TT I did start as postman and rose through the ranks. Being head hunted to go to London and sort out Paddington Station was a highlight . They were so inefficient (as was most of London) it was unbelievable. Having upset the unions in those days, promote him out of the way was the answer. And that was how I got my stake in CPX. Still didn't answer the question re correct share reporting did you . Tia I don't think you will find that I ever started anything but I do react when attacked. Still life is all about opinions

I fear as always TT you are confusing me with someone else. Clearly things are getting to you. King Kevin congrats on last night tremendous win and hope you survive this season

Tia It disappoints that I offend you. I don't think I start arguments nor make personal attacks. I believe I simply provide a view based on my opinion that does not accord with the rest of the posters on here who are not slow to react. Oh well life goes on and if we beat Swansea today we are in the Play off spots

Hardly an attack Iwgrod just a reasonable question to an individual on this board which definitely isnt you.

The recipient will understand.

Its strange how a dose of sustained reduction in the SP can generate a change of heart from some one who once said to me . I can sense your frustration, which is is pretty much on a par with everyone else, but i know your concerns are genuine. I have sent a stinker of an email to Kongats two weeks ago calling him a charlatan for leading us up the garden path…one of those emails you send and then regret it the next day.
So come on ST why am I no longer genuine, Perhaps it something to do with the fact that your portfolio value reduction is 3 times more than mine

Dungiven glad that common sense is prevailing. The problem is that this board consists of those who encourage "positive sentiment" erstwhile known as rampers, whereas I choose to be ultra cautious. Those in my camp are called either called trolls, employees of Peel deliberately planted to encourage "non positive sentiment" or individuals with an agenda to drag the price lower so I can buy more. The simple truth is I have an opinion that no news could be bad news as it often is in other shares. You pays your money. …..

Simple question Kencarv how much do we know these major developments have contributed to the bottom line. As an example the second Spire order was envisaged a long time ago but has not materialised. Despite assurances that its on its way its still not arrived as forecasted. Words are cheap . As for me ringing Australia and asking questions of a board that clearly has its own agenda, well whats the point. I have no influence only an opinion. As for who is buying 3.14 I have no more clue than you.

Be specific IWGROD what do want me to answer? As regards buying and selling I give you a categorical assurance I have no intention of buying any more stock nor will I be selling anytime shortly. I am however not satisfied with the performance of the board but realise I personally cant do anything about that

This stock is no different than the Brexit debate. The leavers are absolutely believe that we are different than everyone else and will be able to thrive by acting alone. The remainers believe that the evidence of economic reality is that we need to be in the club to prosper. The public have been seduced by the former whereas our elected representatives aren’t so sure. Recent CPX indications are that “we are world beaters destined to change our market place” whereas I aint so sure.

IWGROD. Do you seriously think that the opinion of one person will affect the price of the SP. Your conspiracy theories are so wide of the mark as to be laughable. All I do is get people to think beyond all the "possible sales" and concentrate on the live performance. Its no different that football. Its all about results.

Whether I buy or sell has nothing to do with my argument. Many people extol the virtues of CPX whilst seeing the value of the stock fall and completely ignore that fact. I like everyone else got seduced by all the hype. What I say is that recent performance has increased the likelihood that it "aint going to happen". That's all I am saying, I leave everyone to make up their own minds I don't tell them to buy or sell. I don't say to all the rampers "why don't you buy more" so why do people say to me "why don't I sell"? I repeat most rampers seek to justify their investment, I don't need to justify mine, Its my money. With any other stock the silence from the BOD would be roundly condemned.

IWGROD if you look back 12 months the SP was 12p if you look back 24 months the SP was also 12p. Now with CPX due to burst through to profit in 18/19 the SP is down in the 8s. In the last 12 months there has been little news about actual sales but there has been a placing. Your only response is that but we know all these potential applications for CPXs products and sooner or later all those illiterate engineers will buy 'em. You may well be right but any sane investor would be less than impressed with the last 24 months financial performance and as for the communication well it's been rubbish.

No News expected until Mar then? What happened to all the "informed researchers" predictions of 4/5 RNSs in the next few weeks then?. Beginning to get very twitchy

Hallelujah !!

I note the following comments from around November 20 (AGM) time
a) The comment from the board was basically the less information out in the public domain the better
b) Tech Tom stated there was an update re Spire but chose not to share it. It was suggested he would only impart such pearls of wisdom on his closed Twitter Group where he felt he was “top dog”

Both of those snippets tell me a lot