We would love to hear your thoughts about our site and services, please take our survey here.
Hello LTI, Vas, Gizmo. Thanks for inputs. On the meter top left I saw a transmitter sign but that could be anything. I go on a bit about Genus and Intellismart but that was what these signings were about. Intellismart to use CC meters as they saw fit and Genus to make them on their benches (like a licence), at their cost so no supplying materials from us, just paying a fee on production. I believe Genus had to re-engineer production so not going to without committment. These two have had massive 1st assignments so likewise to me so should CC and again likewise should have had a massive rise in SP like Genus. Somebody is going to put me right to this. DYOR
Interesting Vas. Hopefully JC will cover Genus on his next video in detail. I have said before if we are part of Genus inhouse assembly then we will not be waiting for a contract but be part of their meter numbers. So what they get we get. Does that sound right to you. DYOR
LTI, just read your Intellismart. Was the meter displayed Cellular or RF. I was interested in the opening page regarding security and trustworthy suppliers. CC has been approved by GCHQ and I should imagine is up to date with all Cyber problems. From this particular aspect it could be CC is the most reliable and proven of all competitors.
Unless individual contracts for CC are mentioned by Intellismart could it be with all the wins that are taking place that CC has its Framework extended to say 20m units. DYOR
If there was an IPO for India who do you think would take the lead of a consortium. I recon Genus, Intellismart and a few other larger manufacturers to protect their interest. Also would they be happy with minority stake. Obs.
Morning, with Genus not costing CC anything in production if the agreement still exists and if sentiment is there for getting large Indian orders then may be the new broker is not for placing but a rerate. If so, without backup knowledge I would be inclined to look at 30>40>50p in early stages an orders develope. DYOR
ITT, its a funny situation, I have said before I wonder if an Indian industry consortium would wade in, that would guarantee them supply and maintenance for next 10 years or an ROW company who would go for expansion. Or may be the be would have eyes on doing both. I do not think with longterm Funds and PI's there would be interest below 100p and probably much higher than that. Don't forget opportunity capital has been sunk in here for a long time.
Well jake, we all know AIM is a risk, what we do not need is somebody making it obvious. CC makes a surprisingly bold update after all the knocking from the anti's of last weeks. Yet still you will not ride with it and start again with all the doubts. We will shortly know our fate so be cheerful. Changing to such a lead broker says to me that there is something big afoot. Otherwise why do it. DYOR
Morning jake, we all know what AIM is about, you are stating the obvious, I wonder why.
LTI, I agree when expanding you need investment, but, a big but, why always go back to the chosen few, offer it out and let them sell off any unwanted. Better still do normal practice and take a loan, I am sure the likes of Genus would give a loan to keep their continuity fluid. Many of us have have averaged but what about those who have not. Theirs was an honest investment, including Funds why should their shares be made worthless whilst the BOD & co gain. I go along with most that JC says but not on finance, when we came down to 150m shares we were making a loss, now 300m we have doubled that. However some amongst us have gained dramatically and will continue to do so as we burst into the big time. DYOR
Interesting observations, my take is that we have had these ups and downs so many times in the past that it will take some budging to get SP moving. JC is showing a lot of confidence and bearing in mind his responsibilities as CEO I feel there is good news to follow shortly. Money comes into everything but I think CC has proved itself regarding quality, installation and SLA. I would like an update on MYSORE (yes Colour); their Utility CFO was very supportive in his praises, I don't know if LTI could possibly rake that out, they were making money from the word go. I would be good if JC could make an whole documentary on how the installation has fared, how Feeders have dealt with the new setup, how expansion has progressed, reliability, Utilities profts and what Utility thinks of show so far. That could go a long way to convincing stragglers of CC benefits. DYOR
Morning all, very good update, perhaps JC will cover any questions raised here in his video. I expected a jump to say 15p, perhaps later today. The buy/sell gap earlier on got very tight, I think on info and backlog SP should be approaching 40p, is it that due to a lot of shares being long term holds that dealers are lacking enough Churn. We are not yet on Funds monthly order book, if that changed I feel we would be away. DYOR
Well jake, I think the intention was there, words just needed a bit of tightening up.
Colour will give me a bashing but I think JC will come up with the goods.
If the Modi clan take note I think they will get the 10 years expansion they are looking for. DYOR
Received a response from JC to email which suggests he will clarify context of blog which apparently was aimed at Industry to make them more aware of CC's value. As usual I got no Forward Information but understand we should get a trading update in next couple of weeks.
Next are my thoughts only, as the GoI have set some pretty high standards for Smart I recon CC will still get its 25%. If the Framework starts to improve and Intellismart is partly susplied by Genus then both to these supply routes probably still exist. I am a theorist so DYOR, but still happy.
I think that is very good news, as it is part of the Framework the numbers are not important to me. It was understood that Intellismart was using CC Smart in a scattergun approach starting off various Pilots so that situation remains and these starters should blossom, what term did we use Canopy effect. So may be our mushrooms will be popping up all over the place. If we are still well in with Intellismart could we see a Framework top up to 20m. DYOR
I think you are right there LTI. Apart from the much spoken about JC comment nothing else of importance has surfaced. That is where PR comes in, brains have to be occupied; no comment then pesimistic thoughts come into play. Had it all before, then something comes along and pat on the backs all round. Trouble is until that point it is down, down, down. So one wonders, is it a game, drop 50% then up. DYOR
Evening all, I don.t think things are that bad as not much is being heard all over, at least hope not. To me poor reporting started when we got an arrangement with Genus and our nuif mbers graph of production and delivery to Genus stopped. We then got a Framework with Intellismart, delivering but with no knowledge of allocation. Both of these in small monthly allotments to Genus, and contract take ups via Intellismart if being itemised would, to my mind, have slowly edged the SP up, being a visual advancement. Instead whilst all is going along smoothly, we have no further statements from either camp. No news creates a lot of talk and a drop. Both contracts were excellent but to onlookers without deeper knowledge it probably just appeared as moans. DYOR