Member Info for tonyj

Is there something afoot my broker (ii) is running sell at 2.62.
DYOR

Colour, don't hang in the past, even just for 2 years. This year will see whatever is going to happen.
If it works out then CC is in a good position. UK is moving along nicely at last and it is now down to the Indian Government and their states to get things moving and I think PM Modi is going to push like mad.
We may hear something regarding BI, also I think it is very interesting that EESL is actively involved in projects outside of India. DYOR definitely.

Well Colour I presume there was. Before that there was literally nothing but talk, as you keep saying.
A ripple is a surge if there is f*** all going on otherwise, in India that was Indore from CC's point of view.
We were going to get a surge in UK, £25m from SMETS2 but that got held up and now it is underway.
The draw back over the last 5 years is that from an investors view point there were no quick returns, more like an investment companies term life policy. However unlike yourself I feel that the wait is over and 2020 will see CC take off.
Could be wrong but it is the nearest we have got to seeing profit.
DYOR

Well Colour I think that you are working along the right lines. About 2 years to mature in India so should hear some good news. You may just be lucky and not miss the boat.
DYOR

Well the answer to that Colour is yes and no. There has to be a reasonable amount of R&D in any company. Staffing is covered in the £375k costs. UK anticipates £25m profit plus more if further 'notspots' required which at 5yrs is £5m plus and should be more like 3yrs.
If all goes well we will be in profit, if not who knows.
DYOR

Thanks for that from Indiaspend, Colour.. I dont think you are reading it right. There have been a lot of delays in India over these 10 odd years but now there is an obvious desire to push forward and catch up with the likes of China.
As you know CC is usable for feed in tariffs as well as meter reading and as I understand it can give warnings of outages (and their avoidance).
I think the consolidation was 28p. so with the contracts that were predicted and the new ones occurring that should not be too hard a mountain.
DYOR

Well Seawolf.. I am sad to hear that your break even is £1. that is a lot of ground to cover, I thought that most long terms would have been nearer to 20p at least. Of course you were away for stretches so not so easy.
If all goes well I feel that CC should reach a minimum of 50p this year so you could recover a fair percentage or more.
So there is no point in withdrawing at this stage. I know we keep saying this is AIM but I feel that if CC is knocked then even when something good like a reasonable contract occurs viewers will still be reluctant.
As Smart is taking off around the world I feel CC has the product and price and it is luck when and where is takes off.
I don't think that the 3 major manufacturers will want to ditch CC and will support with credit lines and CC are not making meters just an add on so their costs will not be great.
DYOR

Hello Colour.. So that is your stupid comment to my 16:46.
Typical made no reference to the fact that as a shareholder you are intent on cutting your own throat.
I have seen people on other BB's from time to time make critical comments but you must have total hatred of CC and JC.
I could not be bothered if I felt like that and just go. Or are you hanging on in case all of your misgivings evaporate.
DYOR

https://mailchi.mp/f8e5a652e5d2/delivering-one-of-the-largest-rf-based-smart-metering-projects-in-india-improving-billing-efficiency-from-10-to-30

A year old and small numbers but worth a re-run.

Well ITT/Colour.. I totally disagree, if it does not matter what is said on this BB why are you all so bothered, in fact why do you bother to comment. You can't have it both ways.
To me being a small company on AIM there is every reason to bother, apart from one or two entrepreneur Funds the rest are individual PI's. I don't know about now but they were the majority share holders.
So cut and dried you are cutting your own throats (and mine) with your tantrums.
I am waiting to see the outcome of these latest moves, which includes EESL, to evaluate situation.
I am confident that a base of contracts, maintenance and leasing is building up.
I averaged down so not too many problems and price is attractive.
DYOR.

Hold on the pair of you. Take a deep breath. Lets get back to basics, this BB relates to CC, CC are on AIM a risky FTSE off shoot. Viewers look and decide if it is worth a stab at it. Once you are on the BB you don't want to see your share price decline and if you think too risky you pull out, if a price declines then a new set of viewers way up the odds at that level and make their own decision. Now we come to you, not happy with CC so talk it into the ground, why not just withdraw, cannot afford to then that is your problem but don't just talk it and your money out of existence.
We don't know what Q1 and Q2 will report, if good not a bad punt at this price, if not it will be mainly the likes of you that have lost big-time. You didn't buy when I told you just LOL'd, well I am happy.
DYOR on AIM as ever.

See Colour you have done it again, do you mean that you agree with everything MNM has just said.

MNM, I did give you leeway in that I said your 'comments' were with good intent. MSEDL, basically 3 years down the line it would appear that it did not happen'. Just like Colour says to me.
I would suggest that unless you have something positive to add to this BB then do not bother.
We are hoping that CC will be successful, well most of us.
DYOR

Well ITT, forecasts have to be made at beginning of year otherwise we would all sit around crying.
The contracts that JC forecast did not arrive on the dot but that is not usual so look for those to roll into Q1, Q2. Money is probably coming from various contracts by now and the Genus credit was timely and should be covered as the module production speeds up. I should imagine L+T (or is it Schneider now, and they were at the Round Table) and others will follow with credit. I think costs are covered and will improve from now on.
Colour, hope I don't regret that.
DYOR

Should not worry too much ITT. You have already depressed yourself enough to the state that it can only get better.
In most cases apart from explosions most electrics get reconnected in a matter of hours/days. Not known any beyond that apart from permanent flooding.
Chin up old son, LOL.

Thanks LTI.. Leave it at that.

Hello LTI.. Thanks for that. As you know a few months back it was raised 'are we involved in INDORE' and the obvious answer now is yes, my subsequent question was, if you know that is, to what extent, supply only, lead, training etc.
Again with Mysore and with CC Lead, was it extended, was it upgraded.
Now awaiting further news from Thailand, Bangladesh etc and of course BI plus UK.
Well I feel positive but everybody DYOR its your cash.

Hello MNM, nice to have you on board again, but how long, just a quick stir, LOL.
The fact is that apart from occasionally providing higher services CC, as you say provide comms, mainly in the form of supply only software. From this point of view this is a money earner eventually. They are in with the 3 major Indian meter manufacturers, INSIDE in, who supply 50% of India's meters, what could be better.
Whilst we have your undivided attention for 5 minutes what are your thoughts on INDORE, answer should be fascinating.
Onlookers look but DYOR, most important.

You jest Colour but who knows with ISGF. CC is not a manufacturer, the ones mainly fighting for contracts.
So without getting too much 'I told so', you were wrong about MSEDCL, the mistake was taking MNM post for granted, which he probably posted with good intent but was out touch. We all see things as they are presented at the time and many do not fulfill.
LTI, you are more with it on the docs side, what is our position relative to INDORE, where do we stand in this initiative, are we supply only or much more. In the case of MYSORE we were the lead on behalf of ENZEN, that was with our first Omni which is now upgraded to IoT, question is how much have we expanded MYSORE and are we now using the advanced Omni.

Colour, don't quite understand this but it looks funny.

https://www.theregister.co.uk/2019/10/04/linky_revisited_how_the_evil_french_smart_meter_escaped_hell_to_taunt_me/