Member Info for OPENSPACES

The last 4 years H1 totals are 2.265m,1.644m,1.347m, and 1.545m. The following are the percentage of total revenue achieved in H2 for the first three years 48.93%,66.89%,67.48%. For this year to achieve forecast the percentage for H2 will need to be 70.85% of the total. All these figures show is that 14/15,15/16,16/17 there was not consistent growth in total revenue and that this years H2 total will need to be exceptional to achieve forecast. The amounts of AVX licence fees (not all known) does of course confuse matters. The bottom line is that Allenby are forecasting 17/18 and 18/19 as being the years of significant income growth. The previous Allenby forecast for 15/16 was 5.200m which outturned at 4.965m so not too bad but 16/17 was forecasted at 8.800m which was miles out at 4.142m. The summary is that 16/17 was supposed to the boom year now its18/19 telling us that the boom in forecasted sales has slipped two years. Read into that what you will.

The last 3 years H2 revenue has been 2.170m, 3.321m and 2.795m. To make forecast we require 3.755m this year. Here�s hoping

Market I am not as you suggest racked with negativity but just a grumpy old man. Be warned it will come to you as well. Fortunately this grumpy old man has managed to keep hold of most of his cash and has a long experience with people especially company directors trying to separate me from it.

Not asking you to take me seriously just stating how it is. We all buy shares based on hype/ promises/ speculation. Just ask your self how many years is it since thinline was first announced, when were Licences were first promised (AVX last one) . The good thing is that the price has not gone down from last year, whereas the 18p was just a momentary blip at which I incidentally wish I had sold

Yes the price in recent years has ranged between 4p and 18p but it is now 10p the same as it was last year, despite 17/18 being the supposed year of transformation. Now 18/19 has replaced it as "the year". Promises and talk of new world class products mean nothing unless you can sell them . Clearly CPX is finding this much more difficult than it thought it would be it via royalties or direct sales. And with the latest RNS we are being told it wont be available until next year. If anything this is indeed a medium to long term punt as I cant see anything happening in the short term. People must decide how long they want they money tied up. Incidentally it is the "just about tos" that have over the years consistently proved to be "but never happeneds "

Well Profit only two more days to go to prove that your definite information was correct. Not taking the Michael just saying that for the last couple of years this share has been a succession of failed promises. Definitely becoming a jam tomorrow share but lets hope Profit proves us all (well me) wrong.

Kencarv . Spot on. Whilst you and others may not agree with my view on things I trust you note that I never insult people personally but I will respond if someone insults me. All a bit puerile I know but that's what happens when some people are totally intolerant of opposing views

James Now let me think a troll is someone who seeks to "purposely and actively provoke, defame, anger, tease, flame, or incite other online users". I think that describes you adequately. And your ageist as well. Still sticks and stones...... Meanwhile below 10p again

James. Your insults merely display your lack of vocabulary

It appears Cornish's valid posting and my attempt at some humour which Tia appreciated has been deleted , whilst truly offensive comments made be certain people are allowed to remain. It seems that some people on this board have a disproportionate amount of influence, As I said a sad day as it appears only endless positive debate is approved of here.

Thank you market for your reasoned response. Such a difference to the likes of Tech Tom who simply abuse those of a different opinion. As regards taking profits hindsight is a wonderful thing !!

Figures can say what you want them to, in fact CPX has only doubled in 5 years. Also most of my profit was made on buys made in 2015. In 2016/17 I bought 750,000 at an average of .0912 so not a lot of increase there

Market the question is what is an acceptable level. The current overall level of circa 50% means that with direct sales generating circa 80% of income that the rate is at an exorbitant 65%. I would be looking for at max of 20%-25%. That's the problem in that we have no KPIs to compare. Incidentally do CPX have any KPIs?

James. Can I now deduce that you now accept that I am older gentleman simply passing on my cynical been there and done it opinion, rather the previously stated highly paid Peel troll? If so that is indeed progress. Crack how do you know they are new investors? Lets hope so Profit (but how long before it manifests itself in royalties? TD never assume but that makes sense but at what level . All us investors can see is the accounts and they indicate a long way to go

DTM you sum it up succinctly, the question is one of timescales. What happens if your weeks and months turns into years? I suggest that you will be become less sure then. Put simply I am at that stage now and before you say it I don't have to sell my shares as I am simply giving my point of view.

Jimzi. the problem is that we have had so many encouraging RNS that I am conditioned to the fact that they mean nothing unless they are converted into sales and put simply the last three and a half years have not shown that . Cant argue with the figures. Commentators talk of world class products, water tight IP but so far that has achieved not a lot in the balance sheet. Still I suppose the next years figures will reveal whether CPX is going to happen or not. Automotive seems to have been going on for years and nothing yet and the only deal seemingly worthy of announcement has been Spire which in terms of revenue is peanuts. Yes royalties should take off soon but the question is by how much. I truly hope that H2 will show a significant improvement but I remain sceptical rather than bullish.

Lets hope so. Remember total revenue has hardly changed in the last three years and cost of sales is always over 50%. Despite a poor H1 lets hope CPX soon takes off

Nice one vicar. There was a time when all I used to worry about was thou shalt not commit adultery (and get caught) now its thou shalt not covet the rampers gains. Just hope we are not planning a factory in Syria now.

My point is that my view does not accord perhaps with yours but I have the right to state it with the fear of ridicule/abuse.

This board consists of a cross section of investors who believe that majoring on one aspect of a share is the only thing that matters. There are those who say growth is everything, others say potential uses, some say profit, some say actual sales. There are many �most important� views. The truth is that they are all right and all wrong. What are most important of all are the issues which influence investors to buy and sell and they are never the same as we are all different. So, let the rampers ramp and moaners moan, it will make no difference as people will do what people do and make up their own minds.