Member Info for tonyj

Hello ITT. I should imagine its JC's including the current 2 contracts with MEA. They are underway and he has received from MEA up front deposits. Although MEA is the smaller concern I think JC has an hopeful eye on PEA and a total for Thailand of approx 25m units.
India and Thailand should provide a large stepping stone forward for SP and of course now UK looks to be the backup.
DYOR

Hello ITT. I think CC will place its emphasis cost wise to where returns are achievable.
India seems to be progressing well. I don't think we should worry too much about JST, although I did at beginning. His connections in that part of the world will open big doors in my opinion. As he has a good investment in CC I think he will gain in both directions, BOD and agent, and like Anil will be a great influence in his region.
DYOR

Well Colour I do enjoy a good biscuit. You didn't mention the empty chair at the front which should have been occupied by some moaner. Probably could not afford the fare but never gives meanness as the reason.

By his response JC obviously knew KEVIN very well. I wonder if he ever bothered to attend CC meetings or just too much effort (LOL).
Anyway we now know Bangladesh is a bit more complex for CC and everybody else so time will tell unless they suddenly come out with a shock.
CC appears to be making inroads in India with both private and state utilities and hopefully some connection with EESL.

I think that there is a good possibility, as I said before, of CC achieving 15p by 31/3 Y/end.
DYOR

Just re listened to Webinar. Impressed by the contracts running and just starting into the 40m.
Looks like the other majors have extended the line of credit. Makes sense as they want CC's system embedded (or at least in the box) in their meters.
This chap Kevin was keenly interested in Bangladesh (LOL). I think it may be some time before a clear picture is reached.
I think India is primarily at loggerheads with China so will probably take meters from companies like Forth (Thailand) so long as no Chinese components. After all eventually India envisages exporting its products to the world.
All in all a good webinar for JC, others involved in investment etc with comments like the property market..
JC was I believe correct in saying MCap well under valued, may be because other forays have been curtailed.
However there appears now to be many actions starting all at the same time. Looks good.
DYOR

Hello woolley ramps do go both ways trouble is you can't stop running until you reach the bottom or brick-wall.
Colour appeared to be praising CC his favourite company. Then he panicked.
He is trying now to do a comparison between Iran and Bangladesh. We all know that Iran stopped in its tracks because Trump vetoed it again and the banks could not trade rial under threat of being sanctioned themselves.
The only thing you could criticise JC of is being a bit preemptive. When Iran's first sanction lifted banks were still having difficulty trading.
Once again jump back 4 years and you have a different product which is now much more advanced.
You have to look at the product now, will it fit modern needs, JC seems to think so, Colour does not.
Don't know why being a shareholder.
As JC says most of the heavy work is done, it's now a matter of customers who seem to be arriving every other month.
My next outlook is the current 200,000 units orders progressing to 500,000 > 1,000,000. at a time.
DYOR

Thanks for that Colour. You could not have picked a better example plus since then Omni has been greatly improved.
Iran was a good move and it was only Trump who reimposed sanctions after America had just lifted them.
As JC pointed out and extrapolated the whole country had a total $920m to aim at with 32m units.
If we are lucky Iran could still be the cards with any further change of heart.
Likewise if Thailand has say 25m units in total then a good figure could expected there.
India of course is CC's main objective and can range from simple supply only to the Full Monty.
Hope to see some SP action today.
DYOR

Well BST I think Pedro is right. CC is a small company and everybody seems to want to know what JC is doing every minute of the day, then when he tells us, certain people pile in with criticism and if he does not then same people pile in.
I for one would like to see the presentation to customers and get a feel of what's going on.
At least you will have something to talk about (moan?) tomorrow.
I think we will be impressed.
DYOR

Agreed, LTI.. This Seminar, is a consolidation of all that is already known and its progress. No new contracts.
I am hopeful of a list of existing contracts, their progress and perhaps cash flow.
DYOR

Thanks for the observations and info Pedro. I must admit my mind has been on Thailand last few days but if Bangladesh does succeed that would a massive leap forward.
Woolley, the 450p which should have read 4.50p referred to the buy rising without SP transaction showing.
Do keep up instead to stirring.
DYOR

Evening all..
Tuesday should be interesting. May get some movement tomorrow by day traders in anticipation.
In my opinion Thailand should prove to be very valuable. CC, JST and Forth being well thought of.
The speed with which these contracts unfolded should see further escalation, bearing in mind whole country could total probably about 25m units CC could do well.
My mind goes back to Iran (total about 32m units, if Trump had not barred Iran I think being early in would have got CC a good amount.
If UK as backup money can get underway again, with may be electric only temporarily, then things should be rosy.
ITT I think you will get your 6p and more.
DYOR all, not that there is much to go on at present.
These are only my drawn out thoughts.

JCEP it is strange the amount of times they have delayed reporting.
Immediately the buy went back to 450p it was evident a buy was going to appear to justify it but as you say nothing.
Something amiss.

Well JJess I have not heard that one before . I am sure someone will give a more technical answer.
The Thailand spectrum runs on 400 so I don't know if that is licensed.
Cannot imagine any Utility taking unlicensed if that problem exists.
Where have you seen that stated.

Well Greengrass after all this time you could be right. However the facts are now emerging that CC has got some solid contracts that will start earning early. Your 100k sell will probably not change situation.
Even you for all your ups and downs to try to milk the SP you can see contracts starting to spring up in addition to existing ones.
ITT hang in there. I feel it my water (may be in my toes) ques a song, LOL.
DYOR

Hello woolley.. There is an element of excitement and ITT is looking for starting block of 6p.
JVVNL has added to the interest but I think it was also the 2 Thailand contracts, plus extension, and starting immediately, then the latest for Southern India that started to concentrate thoughts.
As JST has influence in surrounding area of Thailand and countries I wonder what else he can produce.
Meter maker Forth will be well away if he can secure more contracts and probably need to expand, LOL.
You have to think big to become big.
DYOR.

Morning Greengrass..
Anything is possible but it had already been calculated that we are ok at least to year-end.
Times have changed, Credit Line Genus, Tax Rebate covered.
Even with new contracts the production costs are low.
Any information along this line will probably be covered by JC on 30 June.
I think we are set fair receiving deposit advances on new contracts.
I am sure you will agree that we have many contracts running/about to start.
DYOR

Well woolley.. Just at the minute things look good. So you could understand a bit of ramping.
I should imagine UK Smart will try to get underway again now. The JVVNL came as a massive surprise especially with the long time delay and the 430,000 unit order size, You have the Indore endorsement, the Mysore plans, this Southern India utility starting, now in quick succession 2 in Thailand with immediate follow up orders.
I would not be surprised if CC had an active £40m order book by Y/end or 31/3.
Of course the Thailand MEA authority which we are dealing with is the smaller one, did they say 4m units so the other one is probably 4 times the size. I would not be surprised if CC get early inroads with them.
Still looking good but DYOR

That is a good point ITT.. The price pitching can run both ways, you have a bit of a run up SP then selling starts. Next Sell Price drops a lot, widening the gap trying to create a panic, if it doesn't then they close up to attract in the other direction. So as you say not many sellers among ordinary PI's. Another jump soon? especially on further news.
DYOR

Hello ITT.. Might take a bit longer to get to penny jumps but hopefully not long now.
I now have my eye back on Thailand. JST has done well to pull these contracts together.
If they expand at the rate they started there should soon be further orders.
Times are looking good.
Only my opinion, DYOR

Well Colour we will wait and see what 30th June brings, maybe a lot and may be nothing.
Do you remember I said I had a man on my crew who argued for the sake of it. Did you once say about yourself
'enjoys banter'. You are just wasting time, go fishing.
I was reading over your BB's for 21/3/18. You just seemed to be picking on everybody yet still buying CC shares.
Amazing.