Member Info for tonyj

Regarding Iran, do I remember that BI could supply them. If settlements went through them and with US now starting to talk to China there might just be a way around Contracts.

Hello ITT, point taken, I can remember you saying that way back related to first call on assets.
If all goes well in next couple of months, not quite can-down-the-road this time, I think CC could do very well.
Then the problem arises of being a valuable company or commodity, My thoughts are because of all the previous setbacks long termers should not run for the door at slightest improvement, I feel that there is a long long way to go and then some more. Only my thoughts but I am hanging in.

Sorry to interrupt ITT.
I cant make out which way you are aiming, to dispose or not dispose.
I have no problem with age, LOL, being 76 but JC and Anil's skills are what has got CC to this stage.
Smart has been a bumpy ride but we are getting there.

To me this last drop Chartwise is just a reaction to a double top.
It could also mean that chartists are viewing CC.

Colour.. Over recent years Smart was an unknown quantity (pun), so contracts were made and cancelled, the problem for CC was that it could not take that buffeting being small.
For me the tide has now changed, stand back for next couple of months, and see if your investment will now pay off.

Morning Imperial..
I feel that you have my enthusiasm but with more detail. Mysore was a showpiece and now Indore, I feel that was the turning point for all of EESL's thinking. The Intellismart Nov 19 meeting was the beginning of a new era for me.
I have not got the technical nohow so I will sit back and watch you.

Morning Imperial.. Very much my thoughts. I got a bit of stick some time back for suggesting 'Cyan Inside' may be now
'CC Inside' following 'Intel Inside', I can remember it well.
If India is going for CC RF do you think it will be all 250m meters or the ones in need, a bit like SMETS2.
If all manufacturers had to accommodate RF then Smryna would have to gear up but probably can as such a small item.
Thanks for the report.

Hello Imperial and Colour..
I am inclined to agree on timing but I don't see them as a write off yet. For instance India has taken years but seems to be getting there.
Ukraine has had a lot of uncertainty politically. However hasn't BI got a connection with Bangladesh. I may be wrong but it is in the back of my mind.
I think you will agree that SMETS2 will be our bread and butter until other matters get sorted.

Well LTI, that would be a good result if it were to mature.
My next port of interest would be an update on BI.

ITT, for a start as we all know this is an AIM company and with it goes risk.
The UK SMETS2 is now underway and I think that once we have passed the outstanding 500k unit millstone there should be enough cash to cover all the sundries for say 5 years. I feel CC does not need massive investments from a capital/stock point of view as it is mainly software. I believe JC said costs were pennies per unit, probably thinking of leasing returns..
I must say I have only ever seen the good side of CC, took some gasps when things did not go well but all along JC (the salesman) adapted constantly to situation i.e v6. which was a saving grace. I feel that there is a demand for CC RF hence the roundtable invitation.
You never know outcomes on AIM but I am quietly confident.

Well Vas, my mind is currently confident over funding. The fact that Genus has agreed a credit line will probably mean the other leading manufacturers will follow, after all it is in their interest and a pittance for what they might achieve if EESL start a speedy roll out. CC has waited a long time to get to this stage so may just be lucky.

Hello Tilly.. You never know what befalls, not much I hope but there seems to be lots of contracts in the pipeline which are waiting to mature, hopefully we will do well.

Hello LTI/Imperial..
Imperial, that is a good list of possibilities which could still be considered should delays occur that are not already built into calculations. I feel that CC will just get away with it because of their small size. Small outlay on hardware, a credit line which looks like it covers from module supplier to transfer to Genus, and further costs cuts I believe to 375k a month.
If 500k units per year is the new break even then I feel that we should not have long to wait.
The above and below are only my personal opinions, didn't think I would have to keep saying that as all my opinions are personal but
if I were new in now, I would carry out due diligence and on what I have read and of course being on AIM I would personally buy at this time. However you never know what's around the corner, for instance:
example, when CC saw an opening in Iran when US lifted restrictions they were probably the first in, with small contracts for street cameras and I think 32,000 meters. There was a good chance that they would get a fair chunk of that total market which I extrapolated out to nearly a billion pounds for whole country. Sanctions were then reapplied and now got worse so CC temporarily discounted opportunities there. That could have a been a winner just on its own but it didn't happen and why its AIM. No blame on CC but lessons learnt, however in Middle East/Asia calculated risks have to be taken all the time.
Again only my opinion, in case somebody should be foolish enough to think I knew what I was talking about.

I would not bother filtering Colour, I think Imperial has got you taped, so you need to know what he is saying.
You are slowly changing with regard to EESL, it makes sense, when EESL first started it was going to sweep the board. I must admit from a cost point of view it looked that way. You remember reverse auctions, seemed good to them but it drove Meter manufacturers from the market and we saw the entrance of companies who had not even made meters, how ridiculous. Anyway it looks like EESL has resolved the problem and has massive funding, so a quick rollout that meets all the requirements is imminent, I trust Colour that you are back in at these low prices. This latest 1.3 m share buy only cost in region of 40k. most of us old hands are well above that. So exciting times as LTI would say.

Evening LTI..
I agree with your comments on EESL.
As soon as CC was invited to the round table I thought that it has happened because they have the missing link for speedy roll out, Adv. IPv6 Omni. It fulfills the 'notspots' need and also provides IoT in one package at what I would think is still a low price, with this new division meeting fortnightly they are not going to let the grass grow.

So you have given up Bamby.
It is only a matter of time for these RNS's to be published.
I am waiting upon this EESL 'bulk buy'.
That will really get India Roll Out and CC SP underway.

So you are giving up Bamby.
Concentrate on CC, there might be some interesting newsletters and RNS in the coming week or two.

Go to sleep littluns.
May be you will have an RNS in morning, more good for you than a lollipop.
Now I am doing it, enough.

Not at all, Colour.. I am delighted. I had not got that information and it was I was hoping for.

Well Colour, for someone who demands all the facts you can certainly waffle when you are in a corner.
I can always accept when I have got it wrong but you cannot.
Did you say that CC has 1.04m smart meters activated. Simple question, simple answer.
If so, where did you get the information from for guidance of BB members.
Don't get me wrong I am pleased with that statement and tempted to dive in deeper.