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This must be fake news, TNEB delayed a contract 6/7 years ago, they can’t change their mind / strategy or do business with anyone every again. No, never.
Over and above my preemptive response, Thanks LTI, much appreciated
I think the big holders are sensible people Tony so it would be difficult for them not to crack at 30/40p. I think as ITT said, we were valued at £30m but I think in much better shape now if they recent updates are to be taken at face value.
Do they have deployments in India CB? Have they been involved in any tenders, pilots? Do they have any orders? I suspect the answer is “No” but thanks for bringing them to our attention and highlighting that they might only be at the start of a very long painful journey.
From their landing page “the worlds largest IOT mesh network of 700,000 smart meters” they maybe years ahead of anything else you have witnessed CB but looks like Cyan have better traction with deployments in India alone of 1m units. Hopefully you’ll be fully invested in them. Next.......
The only line I was interested in from the results on the 4th of Sept was “£4.1m of CASH received from customers during the 15 month-period”
That to me could be a massive early sign of the “proof”. Don’t look at how many decimal points this number is quoted to CB and try and get them on a technicality. There’s hopefully a bigger picture to look at.
CB, totally agree. An order however big wouldn’t do much for share price. The market will make them “prove” everything now. Proof will come in the form of tangible results as you say. Should that be forthcoming, it’s a game changer for the company valuation. That’s basically it from here. You don’t believe they can prove it, I hope they do. You can carry on as a knocker in the hope you get to your trading buy price. I don’t really care I’m here hopefully for the big money.
On the contrary, I take full responsibility for my actions. Your line of attack is always based on historical events and mis-trust. The company looks to have moved on finally. BUT and it’s a big BUT, if things have changed, your razor like focus on everything the board / company has done wrong in the past, rather than looking at some things they may have achieved, might lead you to miss out.