Member Info for tonyj

Now, now woolley.. It's a pity that Colour cannot practice what he preaches. With his mantra, prove it, prove it.
These comments could have an effect on share price. Sackings in India, question marks about Anil.
Listening to JC and HP I form the opinion that CC is expanding and could need to increase their hardware to a 3 shift work pattern, yet Colour says CC (India) is overstaffed, could it be that staff need to be appointed and laid off as contracts in different areas (Inidia is vast) are completed. I don't know and I think that Colour does not.
DYOR

We will probably only have to wait a short while for an update or news of new contracts.
Colour, wise move to put DYOR on your last Post, bearing mind you obviously have no information at this time of any happenings and are just stirring. Not so sure that is allowed even with DYOR, however we shall see.
For my part I am content with situation, everything takes a while in India to process but Heathers reference to volume orders would not have just been thrown in for good measure, there is substance there. Some orders may spring for the Union Territories and I not think CC has had so many current orders in India plus Thailand.
It is a waiting game but still 2 1/2 months to 31/12. so first volume order may come through.
DYOR all and Colour.

All.
I think that we may see more activity shortly in the Union Territories as PM Mode is showing quite a bit of interest in the areas generally. Pumping in Rs.520 crore in next 3 years.
DYOR

Well Colour.. wont argue too much on this but I think that there is sufficient in what has been disclosed recently to reach break even, 500k units, which even you thought was not much.
If HP prediction of volume occurs between now and 31/03 then I would think that we are well covered.
If it happens before 31/12 then it will be a bright start to 2021.
DYOR

Hello ITT.. Hopefully JC will be able to put together a few figures with the current contracts. For myself I will be happy if they are just going in the right direction.
Possibly next year CC's reports will be simplified as we move into larger contracts and agreements. In the past we have had this problem of only getting half the facts because of not letting the opposition know.
I do not think as investors we need to know all the fine details, just where we stand financially.
I would like to know what countries we are in, total value of contracts per country. Then a breakdown for the next 2 years. Most contracts are for completion in 2 to 3 years.
So I would like to see listed: earnings for current year, earnings for year two, possibly year three ( all this added to when new contracts come along), maintenance/leasing's yr1, yr2 and total for thereafter. We know the monthly costs but could also be shown especially if reducing.
With CC embedded in the Smart Meters of the 3 largest manufacturers who supply 50% of India's meters, although we don't know what percentage of Smart that we are embedded in of these companies, I think it is safe to say that CC will be far flung around India in coming 3 to 4 years.
I am holding on happily.
DYOR.

Well Colour, there is no lies there. you remember some time back I said I had a person on my crew who argued for the sake of it.
That's you all over. No replies regarding the advances made in Indore, Mysore, JVVNL, Thailand because that would not suit your negative attitude. Bite the bullet and keep investing in CC, you know it makes sense and you may even recover some of those losses you sold out on.
I am happy with my average of just in single figures. You could probably reverse your fortunes by buying in big now. Pssst, you don't have to tell anybody, LOL.
There is a lot to play for here, DYOR, and may be with Colour's positives (deep breath) on Indore etc shares will rise rapidly or not. Off till weekend.

No Colour, that was my response. Again only answering what suits you.
What do you think of the prospects for CC in Indore, JVVNL etc etc .. Good, bad, not enough Contracts.
Anything will do so that we do not keep going backwards.
Just honest up to date observation will do and perhaps comment on the number and extensions of current contracts, that's what we like to hear, especially day traders who can create instant changes to SP.
I think that you are dead in the water with your old Scrooge attitude; it is happening so get used to it.
Awaiting your thoughts on Indore etc (and do not forget the etc etc).
DYOR

Colour, every time you post I have to laugh. I more or less know your response.
So you hang on to an item, Bangladesh, not Iran, why not Iran.
You will know more on this than but did not Bangladesh have a change of Government.
I could reverse your comment and say was it not political?, and how do you know, everything is behind the scenes.
Right that's out of the way, now why do you buy shares in CC, and can you respond to second half of my BB re Indore etc etc etc.
I am sure that investors want to know your thoughts on CC's prospects with these contracts and hopefully lots more.
After you have come clean on your feelings towards CC we can push on. I still think this year is the turning point.
All DYOR, but do it in depth.

Err, what are you talking about Colour. It would appear that Iran and Bangladesh got stopped for political reasons. Jammu who knows, a fiddle?, Remember early EESL appointing companies who had not even manufactured meters before.
You are the one that is blinkered, you never want to talk about Indore, Mysore, JVVNL, Thailand X 2 etc etc.
Blinkered, there is no light at the end of your tunnel. You said that you buy CC from time to time but surely you cannot be serious (LOL) holding stocks you want to see fail. Not logical Spock.
You will never wind me up it is you that feels failed. CC has a lot to do before Y/E 31/3/21. It will.
DYOR

Err, Colour, are you saying that somebody who has not proved to Jammu that they can meet the standards can just step in. Defeats the need for a tender.
jake, I can go along with your thinking generally but in this particular case Indore was successful and the manufacturer would not to want the risk to supplies or even no supplies if company folded. Profits are being made all round in Indore with more to come. Hopefully good news soon. DYOR

Hello jake.. Personally I do not think CC had to give a credit discount. I say this because all 3 majors wanted the CC RF and possibly all 3 gave credit for implanting in their own products.
In the case of Jammu I must admit I did not see how a contract could be changed after being won, the Chinese may have been as good but if not that would have left the Contract in jeopardy.
Well Colour there are different views on this unless you know the pricings. It could be just be greed by Jammu or maybe the age old backhanders.
Still think CC RF will do well in coming months.
DYOR

Good evening all..
Colour, DYOR came about because of our old friend putting the fear of God up you regarding misleading statements. I followed on because everybody should DYOR to their own satisfaction.
woolley, include bomb proof shelter.
jake, firstly you are right you do need a lot of optimism. Next, the costs are not a great outlay because of credit, production is covered and upon arrival, after software added, at meter manufacturers we are paid up front. In the case of end to end installations the time is obviously bigger and benchmark payments along the way but bigger profits. I think JC will probably take any offers like 'notspots' but it seems he has bigger interests in Canopy. R&D is mainly done on Omni but is never completely done. To finish when you see current contracts, 400,000, 200,000 there and repeats, spread over poss 2 years it should not take long to achieve 500,000 in one year.
DYOR

New York, New York but 3 times, LOL.
Once is more than enough from Colour.
Out today; a question for the clever amongst us.
Any body know the average price per unit that is charged per annum for maintenance.
It is probably only pennies per annum when taken over say a 5 year period.
DYOR

Sorry about that, two said ooops then third went through.

Crickey that's a lot of you, did nobody average.
I am not but are any of you market professionals, you should try Charting, it's more than throwing darts at a board. Not the BOD, LOL.
CC is doing well with its updated Omni and I expect more contracts shortly, if JC gets his hoped for end to end contracts and we get a result from EESL then I would say we are well above breakeven line.
After all £4.5m pa costs are soon covered.
Yes I spotted that Bamby after I pressed Post.
Move with the future you lot.
DYOR

Crickey that's a lot of you, did nobody average.
I am not but are any of you market professionals, you should try Charting, it's more than throwing darts at a board. Not the BOD, LOL.
CC is doing well with its updated Omni and I expect more contracts shortly, if JC gets his hoped for end to end contracts and we get a result from EESL then I would say we are well above breakeven line.
After all £4.5m pa costs are soon covered.
Yes I spotted that Bamby after I pressed Post.
Move with the future you lot.
DYOR

Crickey that's a lot of you, did nobody average.
I am not but are any of you market professionals, you should try Charting, it's more than throwing darts at a board. Not the BOD, LOL.
CC is doing well with its updated Omni and I expect more contracts shortly, if JC gets his hoped for end to end contracts and we get a result from EESL then I would say we are well above breakeven line.
After all £4.5m pa costs are soon covered.
Yes I spotted that Bamby after I pressed Post.
Move with the future you lot.
DYOR

Well jake this is only my opinion as I am about to get blown out of the water.
So many setbacks have occurred in the past but it now seems a lot more positive.
Hopefully this Q4 I would see 10p, 31/3 15p, after that double each year, possibly more.
Nobody knows what lies ahead but the current 6 running contracts, followed by leasing and maintenance payments slowly grow the bank account.
In this industry CC is small but I think holding it's own.
DYOR

Well Colour, you can't say fairer than that. You show all the signs of a looser. Many others stayed the course and didn't bottle it. I am quite happy with my average level and stayed with it.
Try as you may you are most unlikely to stop CC's progress now. Get in quick before you forego the chance of recovering your stake.
I will keep punting the 100p SP because I feel that is where it is going.
You on the other hand keep punting Wirepas in India, without any record of it's success there. Surely there must be a contract in one of the states or is it totally new to India. I think you would have some evidence before sticking your neck out. No doubt they are a good company but are they CC's competition in India. May be CC knows.
DYOR

Hello Colour, I think we all know who is insane. Life has moved on for CC since 2017, most of us were around at 30p and seen the obstacles that Governments have set, including UK delay. This is an old carrot but here goes, if you had not jumped ship and done a bit of averaging you would have been in a much better position today.
Ironically you could still make up your previous losses at these entry prices. Again 2 faced, you did say that recently you have bought a few which says to me we are on the way but dragging you along screaming. He doth protest, LOL.
Have you an update on WIREPAS, like to know what the opposition is about.
I think you are loosing it Colour, I only argue in one direction, you are all over place.
DYOR