Member Info for tonyj

ITT, I am surprised the long-term Funds are accepting this, must be a loss.

Why is the BOD recommending this, do they think this is all the company is worth whilst talking it up, knowing CC is about to go into the big time with India meters. JC is virtually saying all that lies ahead for CC and praising up Esyasoft but at the same time saying but we are ditching you lot.

Where is the humble pie Colour, JC has kicked the crap out of this share. I am now thinking whats in it for him. He is talking up the company and yet selling it for peanuts. He will be remembered by me for a long time. The products, contracts, future contracts has got to be a starter of 100p. Why on earth has the BOD recommended such a low offer, are they all on an earner.

Thanks ITT, interesting.

Morning gizmo, if all this is rejected or Esyasoft makes no offer what's the time limit before they can make another offer.

Hi Harley, the next few days could well give us an indication of what JCs been up to. I understand his past history has obtained results for shareholders. If this is his swansong I should imagine he would want to go out as a good negotiator in the business world. As rich as Esyasoft is I feel that if CC can get further support from Axia then we can separate from Esyasoft. Unless I am mistaken we do not need massive financial backup, as in India RDSS contracts are self supporting and deposits are returned as soon as installs are underway. If we get the 10m units AMISP plus all the other income we should be showing a profit mid-year. I do think however that JC will have to abandon his ROW and consider Shareholders, this would help keep the big holders on board, if they see something happening.

Just reading other BB, I was thinking when we had the Axia loan we were given the opportunity of an extension, so was that where the error occurred the attraction of a lower interest rate, but tying us closer to Esyasoft. With SP so low JC must have been keeping a close eye on interlopers. He may have lost sight of Dog eat Dog. Or may be its totally the reverse and he is playing an absolute Blinder for the shareholders, to bring CCs achievements to the fore. Keep the faith, at least a bit longer.

Thanks Safety, food for thought price wise.

Morning, again I think I'm repeating but with RDSS over 27 months, does that come with number installed or contract price divided into 27 equal payments.

Hi gizmo, a question, if CC opposed the takeover and it did not proceed, would we still be able to hold onto loans. If loans were recalled and we were successful in obtaining another loan from Axia what would you think is the minimum loan we could survive on.

Does anybody know when we last supplied Genus with Smart Comms.

A good point ITT, is this just testing the water between the two, as JC did not need to RNS.

Gizmo, is it too late to launch on the Indian Exchange, India is where all the action is.

Reading the other BB the thought of Multi is that Esyasoft holds all the cards. I cannot see that, I have no knowledge in this arena, gizmo says CC is the boss. So is it that money buys influence, JC was eager to take loans, cheap, from Esyasoft, with his experience he would surely have been cautious, so did he see this coming. Taking away money influence, what have we, good order book better than ever before, loans which are guaranteed until expiry, AMISP attempting to place bids, RDSS which are self financing and 17 contracts already with some up to maintenance markups. As I see it we only need an alternative loan, not £16m, to cover deposits, cut back on ROW, review staffing and push on. My thoughts but there is a lot of money to be made.

ITT, are you still holding your SIP

Good point emptyend, would we have done better on India Exchange.

Harley, I find it hard to disagree, PI's have never been considered by CC for reward for their investment. Most AIMs that go under are the result of poor marketing or product. In the case of CC its over exuberance thinking it could rule the world with just a few pennies in its pocket. Until recently PI's were approached every 6 months for a hand out, suddenly only the Funds etc were offered shares at a fraction of price, I wonder how that situation occurred, without consultation. However that aside the big time is on the doorstep for many companies including CC if we survive. What we now need to know is what CC has currently going, what is in the pipeline, what we have bid for and how much of these loans we still have in the bank. CC is very generous to other people with our money. Who knows Esyasoft who have not made a bid may have reassessed situation and put in a massive bid. They do want CC, its their link to Smart but they cant afford to look out of step with the GOI.

Thanks for the effort LTI. The problem with CC is that they never keep us up to date. They have other involvements with Intellismart, like what appears to be installations etc, yet we only get a generalisation. What would do you feel about a monthly update in the form of a magazine for each of the 17 contracts and others, I feel it is the absence of updates that causes all this SP uncertainty. Others do it so why are CC so special, its lack of looking after PI's that I feel has caused problems over the years. After all shareholders own the company or is it just the chosen few.

Morning LTI, with PVVNL is that all CC Smart Comms in these meters.

I have just been reading the magazine Vigilant India, I would have liked CC to produce a similar type only listing each of its 17 contracts per page and progress. Also listing which AMISPs it had gone for with the loans provided, we are still in the dark on all of this, there is no need to keep it secret, once bid for then all of the opposition know who is doing what. The only people in this game who know nothing is us. So if we knew which AMISPs we were bidding for it would change our stance on sentiment. If I remember we were bidding for 10m AMISP units, over 6 months ago, so list them.

ITT, that's a bit extreme.