Member Info for tonyj

Give up BST, over the years you had reasonable comments. Then you gave up and got nasty like stedon.
I feel that we may hear something to our liking, that would be nice, nothing dramatic but in the right direction.
If CC RF can resolve the Northern problem it would be a massive feather in their cap.
There is definitely something afoot so get back in whilst SP is still around 5p.

Are we moving towards a BREAKOUT.

Hello Greengrass.. Keep talking you know it makes sense but I think it will not stop at 6p. Looking at 12p.
Things are starting to turn in CC's favour, it's a matter of how much cash can be collected in the next 3 months.
JC is whipping up interest in India. BI should come on line any moment. Don't hear much from JST but he must have a finger in the pie.

So 600,000 bought today and I think it was the same amount yesterday.
Somebody is in the know.

Hello 2cvguy.. Interesting report.
So South SMETS2 seems to be working ok. North using wireless and towers seems to be experiencing problems. I heard that a few months back. I wonder if CC RF can be used to fill the Norths RF gap. If so there is a lot of business there.
I think CC will play a 50% roll in UK.
All. Got a reply from YJ but not deep enough so sent a further question regarding my specific enquiry.

Someone is trying again. Not logical to sell so is a driver.
JC does need to make an income statement before they takeover.

Don't get excited you lot. It was not that bigger issue generally. It just set my mind at rest regarding current income. A bit now would take pressure off the size of loan.
My email must be way down the pile after your questions, so give it a couple of days.
I say JC was being conservative but it was more of a precaution considering if he said income would be earlier then a certain person would be shouting from the rooftop 'where is it, where is it, he's a liar', that man sit down, LOL.
I must admit that the barge bottom touch ground recently but we are getting clear.

That's your choice Greengrass but you know what I mean. Lets face it you talk the share down then you talk it up. Next you will talk it down again. However as tight as SP and money is at present I think we are on the up. Trouble is as soon as we get to 6p you will be eager to talk it down again.
Just waiting for my reply from YJ to tell me it was all a ghastly mistake. Mind you I was surprised at the 500k Connode purchase being cleared this early. SMETS2 will certainly gain momentum in the coming months.

Hello Greengrass.. I think that you are reading the gist of my comments.
My thoughts are related to page 14 only. LTI I do not see what you are getting at. The 500k units can only have been put in (activated) since Oct18. There is no relevance to locations. DCC says 1.8m units installed, CC says 500k RF units activated (installed) I estimate approx 25%. Connode cash advance cleared. So all new RF will be on CC account. If 500k RF installed in 10 months and installation rates rising then revenue must be forthcoming in 2019/H2.
Am I missing something.

Hello B.B/BST.. I can understand your pessimism but I do not think you read the Interim properly. It may have been written wrongly but it says ' activated '. Not advance purchased. As we know the HAT2 must be connected to activate. To me the only other reasoning is that from SMETS1 there were a lot of ' notspots ' outstanding and Toshiba thought we have already paid for this 500k so use them up where we are getting complaints. My contact says that they are going in when installers can find no signal.

Hello Vas.. I will contact YJ Monday morning.. JC said on interim that 500k activate, Connode backlog.
Unless there is a difference, may be meters activated without being connected, but I think not.
However those are the facts 500k activated and 1.8m SMETS2 installed.
If that is correct then I am relieved and expect income from UK to be imminent.
I will update if I get updated.

Note my opinion.
I have a conundrum which I will put to Yellowjersey.
DCC says that SMETS2 are now 1.8m installation.s (nearly 2m).
If CC RF have 500k+ installations and obviously climbing
then that represents 25%.
We are told that:
10% = 25m GBP therefore
25% = 62m GBP
over time.
What am I missing.

All points noted jake.. Up until Connode everything was subject to, but entry into UK change it in as much as it was less likely that our Government would cancel, jst drag it out, although you never know. Now it well underway I think Utilities will want to get it out of way. Centrica shares have fallen heavily over recent years.
We need money in the bank temporarily and UK could provide that. Although a 5 year run I think these first 2 years will see the bulk.

All. I have just had another read of Interims. I have been on about SMETS2 a lot and was not happy about the 500K unit deal that Connode had done for advanced payment to them. I was further unhappy to hear RF may be put to the back of queue for expediency. As you know the Government had enacted the first come, first served rule. I would draw attention to page 14, the 500K Connode units have been activated, so that is that problem out of the way. JC says expect revenues for further installation to arrive in 2020. I feel that is being conservative, I would be looking for a further 500K units this year.
When SMETS(1) was conceived I take it that the RF need was not envisaged. When problems arose installers abandoned and moved on to easier pickings especially with multi-storeys. My reason for mentioning this again is that when the 14m SMETS1 were installed then probably 1.4m notspots occured, probably a million more. These have all got to be cleared away to meet deadlines.
Only a thought.

woolley.. thats a long way to work, Australia.
CC has done the work and item is good, that is where the value will be, especially if a buyer has its own R&D.
I think the combination of UK, India and BI will drag as through.
I feel JC is trying to speed up the works if only to get us nearer to '0' breakeven.
A bit of timing and a blo**y lot of luck.

Hello woolley.. said before, but the next couple of months will be it. JC I understand is busy in India so he is not just sitting idle. This industry seems to be hard to nudge, elsewhere by now any other would have made it or blown out. With Governments you never know the outcome until it happens, take HS2. If we can squeeze through these coming months the small amount of cash should be rising. My concern now is a buy out. JC may be lucky to get advance payments from Genus etc but there is cash around the market if they see any long-term value, trouble is it costs.

Hello BST.... No, still here but averaged down.
The product is still good, just the cash that's causing concern elsewhere. Certain parts of the market still aware of CC's existence. I believe they feel CC needs cash inflow (which we all know) and not happy about the 500k unit prepayment which meant CC were not going to get returns Q1,Q2/19. The SMETS2 return is there but only after about 5m installs and we are only just about reaching 2m now. We will get this cash flowing in suddenly but again only after some delay with RF being at back of queue for fast installations. I was not impreesed when advanced payment 500k units was disclosed as that completely made a farce of any UK cash inflow 2019. When was that known on takeover or only recently. I was not impressed to hear about RF having to have at least 4 linked together having never heard that before which sounds like a delaying tactic either by CC or Toshiba. Somebody may know a reason why an CC RF cannot link to the nearest SIM, other than cost, YellowJersey do not seem to have produced an answer.
CC is still a good buy from a takeover point especially at these low prices but may continue to Shell status.
I think CC may have to slash its R&D dept to survive unless India comes forth with a cash miracle.
I still recon Genus etc should be asked for advanced payments or a loan, if we are embedded in their meters it would be in their interest.

Hello jake.. We are always being told on here that the market knows all and dominates. So this big company has shares that are falling by the week so why. If the shares fall so consistently there is surely a reason, do you know what it is, ANSWER NO. What is coming out of your gang is if CC falls but gives creditable though not perfect answers then disaster. SMS falls then brush it aside. Is there a problem in the industry coming up. My SMS chart looks gloomy unless there is a break out.

You never know jake but why is their SP collapsing and not soaring back past 900p.
You probably know the answer as you obviously have shares in them.

Not as bad as CC but SMS have halved in 3 years. 855/463.