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......Good evening LTI/Imp............With respect, I think EESL have a more serious and pressing problem than 'not spots' - 'CERTIFICATION' !......my posts 4th October'`18, and 5th April'19, relate to this. If these 3000 are indeed GPRS based meters, then they are NOT up to BIS, and that's the problem. If the process provides a successful RESOLUTION to the problem, then Anil's expectations of 'follow-on Orders should be fulfilled, and CC's global potential, expanded - who knows? We shall have to wait, be patient, and keep the faith !! GLA P.
Good afternoon CB...................I respectfully refer to your post today (09.58), wherein you ask "How many hard facts do you need?" If that question relates in any way to what you are saying, I would suggest that they are 'Possible Risks' that one should consider before making any investment into the future, not hard facts! Another important risk I had to consider was whether I could afford to possibly lose my money! When I first invested in Cyan, JC had just arrived, and their only 'product ' was "Cylec" so I started with a 75% risk factor, which was significantly reduced with the acquisition of Connode ( a hard fact, in my book), and again two years later with the launch of their first IOT Product (another hard fact, especially as it fully conforms to BIS). My risk factor, at present is down to 15%, but if the Chinese 'interest' becomes fact, and IOT/ Smart Cities evolves significantly over the next few years, my investment will be a huge success..............but only by being patient and keeping the faith! Just my thoughts, and my strategy, for the moment, that's all ! Good luck, P.
Good morning Imp............In one of your recent posts, you mentioned the 'EESL debacle', and this reminded me of my post six months ago, when I posed the question..........' How do you certify that a product fully conforms to a relevant Standard, when it DOES NOT?'.......I got no response !! , buI did suggest that they ' might check with CC and their new product solution'............so, has the 'Penny' dropped, at last?.......Just a thought, of course !! Good luck, P.
Tonyj,,,,,,,,,,,,,,Recently, SGCC announced that modernisation, expansion and upgrade of the Infrastructure in their new Smart Grid was now completed, and I am wondering if JC encouraged BI to try a Pilot with CC's new Omni product to test the infrastructure(UHV), first - especially as the programme of modernisation has been going on for over 20 years already, and is now 90% complete, and JC has been liasing with them for the last 5-6 years anyway! Good luck, P
Good morning, Tonyj...................CC's March 2019 Newsletter seems to be quite positive about its product's potential, going forward, especially with CEA (UDAY Scheme) members being on site..............more Grist to the mill? Good luck P.
Good morning LTI/Tonyj...............Further to my comments yesterday (13.36)................two more 'clues' about what we DO know - (i) Early 2018, the Thailand Authorities advised that their SM Programme was delayed by at least 12 months - to 2019.......and (ii) Just after the Omni launch last June, the M would theyOP advised the manufacturers to scale-up their SM production significantly, and we learnt recently that L&T were producing 32000 per month (say 1000 per 24 hours, and CC embedded in each one? Now, I ask myself - Why would they be stockpiling them now? Behind the scenes, of course, we DON't know for sure, but I feel that everything is moving in the right direction, and that, now the new FY is here, the CEA/MOP can bring the UDAY smart meter project forward for deployment over the next 3 years - we shall see! IMHO, the only risk to all this is further slippage/shortage of new meters. However, JC says he is focused on Organic Growth now (which won't happen overnight), so we need to be patient and keep th e faith, methinks! Good Luck P
Good afternoon LTI/Tony..............On this BB, I am constantly reminded of an old saying - ' One does not know what one does not know' , so I ask "What DO we (and the Market) know? (i) 12 months ago MOP advised that the Indian SM Programme was delayed, and would now start FY 2019 and complete 2022. (ii) On 27th June 2018, CC launched its 'Omni platform' suitable for global deployment 9III0 Hugely sucessful deployment of the flagship MYSORE project (iv) The recent entry into UARand Bahrein, where CC actually replaced the 'sittng vendor' (v) The expanding 'Footprint' into the Phillipines and China - (SGCC has over 1100 customers). It seems to me that modernising and upgrading the old National Grids into 21st Century Smart Grids will be a very slow and expensive process to organise and impliment, not only for the Utilities, but for the meter manufacturers too.! At the moment, CC's 'Omni' platform appears to be te only product in the market that can offer a 'gateway' to the IOT and Smart Cities.Recently, 2.0 UDAY advised that it was now focusing on 'Power Theft' - isn't that right up CC's street? Personally, as a LTH, my time frame with CC is until 2024, so for now I willbe patient, Keep the Faith, and,in the short term, expect some developments after 1st April, 2019 - the start of the new FY in India. Good Luck. P.
............Good evening Tonyj/LTI...........surely, that $4m converts to £5m in CC's coffers (thanks to Brexits slumping £. Presumably, SGCC (a monster Utility Monoply company), will now authorise mass production of CC's technology, all 'Made in China' - so no sanctions from Trump, eh? - sufficient to meet the 'needs' of its 1100 million customers (not all in China). Seems COLOSSAL to me, I hope BI are up to it - perhaps they will ' sub-contract', or throw a Chinese Cracker t o get other manufacturers' attention. If all goes to plan, just think of the 'returns' further down the line ! Just my thoughts - I'm here for the next 2-3 years anyway, so I will just wait and see how it all pans out.. GLA
Good evening Tonyj...............Interestingly, I find that the "State Grid Corporation of China" (SGCC) is in fact a state=owned electric utility monopoly of China - it is the largest Utility in the world with over 1.1 billion customers.......or put another way - 1100million customers !! They also 'service' other areas "outside China" such as Bangladesh, Sri Lanka, Indonesia,(a big market), Phillipines, Australia, Brazil, Italy, and Portugal. In my book, the potential opportunities here, could mean really BIG BUSINESS for CC ,over the next 2 years and beyond . Good Luck. P.
Hi Multi.................IMHO, with their new product now formally launched, I feel that STRONG Organic Growth over the next 12 months, could drive EVERYTHING upwards...........it appears to be getting steam up already! For now, we must be patient and 'Keep the Faith'. Over the last 3 weeks, I too have taken advantage of these rock bottom prices, and doubled my original holdings in CC !!! Good Luck.
Hi CB............I believe that the "Quarterly Trading Update" (up to 30th September,2018), is due next week, and, hopefully providing the Market with some encouraging information. Personally, I have ' great expectatios', but I could be confounded,........because I do not know what I do not know, unfortunately.! Good Luck
EESL................I understood that the most serious problem they had was...........CERTIFICATION - the meters were NOT up to BIS !! Now, as I'm no expert in this technology, I posed this question on this BB :.......How do you certify that a product fully conforms to a relevant Standard, when it DOES NOT ?? I got no response, and, I suspect nor did EESL, but if they are still stuck with the problem today, I suggest they might check with CC and their new product/Solution as a last resort, or cancel the contract and start again, perhaps. Just trying to help.! GLA
;;;;;;;;;;;;;;;seems to be continuing, with DEMAND outstripping SUPPLY all morning...............now, who do I know would sell, in order that I could buy?????.....where's my whip?. Sorry guys, just dreaming.! GLA
Hi Multi, Yes, I do Know and understand the procedure; I just hope others on here will read and learn from what you say. My own perspective on this, at the moment, there has beena major development behind the scenes/business in confidence, which has prompted Finncap to launch the current mini rerate.............my thoughts,and only THOUGHTS, on this, are: (1) JC has received a generous funding offer from a Strategic Investor, that he can't possibly refuse (my wishful thinking), (2) a mega Purchase Order has been received (Thailand?). or (3) a BUY-OUT offer for the whole Company !!! (hope not !). Whatever has happened, or is going to happen, we shareholders won't hear about it until JC is good and ready to inform the Market - I am quite relaxed about that, and keep the faith.!! Quarterly Trading Update to 30th September,2018, is due next week.! GLA
Good morning Multi............further to your post yesterday(14.48), I would add, for want of better words, "understanding the 'signposts' along the way". RNS dated 11th September 2018 = "Interin Statement" (for 6 month period ended 30th June, 2018) summarises/ confirms what is already in the public domain, but JC.s 'post period' comments hint at forthcoming 'Organic Growth' (as I used to know it in the old days!), which, following the launch of the Omnimesh IOT Platform, was quite positive,I thought, but the SP still dropped by almost 25%!!.........so being a LTH, I increased my investment in CC by 50% @ sub 7p prices. So, as you say, 'there is a lot more to come', and I concur by saying organic growth isgetting steam up at last, - most recent 'signposts' seem to confirm that IMHO.! Good luck
....................................has just launched its first major product for the evolving IOT industry, and suitable for global deployment over the next few years. First feedback of its 'reception' in the marketplace, is IMO, very encouraging, and possibly explains current market sentiment and this week's mini-rerating. Just my thoughts! GLA
Good afternoon Multi/LTI - yes, hopefully an offer from CC's Strategic Investor, which JC just couldn't refuse.!! We'll have to wait and see. meanwhile, next 'stops' for me are the next quarterly Trading Update(to 30.09.2018), and a Purchase Order (from Thailand)........I trust you can see my 'drift' ? Good luck
Hi LTI/Multi................Yes, I agree ! Over the last 12 months, my strategy has been Product and Timescale. In September, 2017, the Omnimesh 'prototype' was introduced (to great acclaim), and following feedback and enhancement, was officially launched in Bangkok, late June 2018 - the first major IOT product for global deployment, which appears to "tick all the boxes" Also,............globally, planned Smart Meter rollouts indicate that they could commence anytime between 2018 - 2025, and that each programme could take 3-4 years to complete............so my own time scale at present, is 10 years (2028) . However, I agree that, for the short term,the BOD should continue to consider ALL the options open to them, and make the final decision about funding in January, when they will know EXACTLY, the total of all revenues received by 31st December,2018............and where the SP is, of course (25p-30p??). Anyway, market sentiment seems very POSITIVE at present, with tight liquidity and a stock shortage, and a good 'business model' going forward, too,!! Just need to KEEP THE FAITH , GLA P,