Member Info for tonyj

Hi Vas.. Well 50+ million is the total for UK. If 10m+ have already been installed, not CC, then 40m roughly remain. If they are now getting underway with some urgency then numbers should rise rapidly. 10% of 40m is 4m. so 4m into £24m equals £6 a unit. Now that is fag packet, don't know what they are going to do with SMETS1 conversions. The further forecast for 'notspots' was a rise to possibly 30% which should give CC a return of £50-£70m.
They would be installed all over the Southern Contract.

Hello Colour.. Did you mean to send break-even again. £7m to break-even with income/outgoing. Break-even with past expenses would be another matter.

Hello stedon are you back amongst the living. 'WEAK BUY'

Hello Colour.. Well with about £7m being outgoing for the year and current building income and the far-east possibly getting back on track, I feel with the update plus rising income from now on especially from SMETS2 and the Chinese feed in from H2 we should be over breakeven. I see break even around May but we say things and get a set back.
Logically as opposed to previous incomes of £1m-£2m and large expenses we have reduced R&D against a continuously rising income.

Well I am satisfied with the update. We were never going to jump into a massive profit overnight. As I have said previously I would have liked to see a monthly report so that we could see the monthly loss diminishing towards profit. Compared with the last 2 years our losses have greatly reduced, and with the Swedish office rent finishing 2019 has a good chance of going into early profit. SMETS2 is from what I hear well underway, do not forget we had nothing from SMETS1 as no involvement and if as has been forecast 'notspots' will probably rise from 10% to 30% then there is a fair chance to returns rising from £24m to £70m, could be more if all SMETS2 fitted out with CC. Have to wait on that.
The delays elsewhere are just that, not cancellations, the Middle-East is unpredictable.
All in all, JC's move towards licensing and White Label bodes well, and year by year increasing into the next 10 years.

Give it a rest,colour. Do go to a CC talk or do you live in the Outer Hebrides. The only piece of info that you have come up with through the years was from The Village People. You told me that India was havin the cheapest possible electrification, not smart but that the villagers didn't care. Yet the Indian Government have said they want smart, so which fact is correct. At one time I thought the government wanted RF included in the spec. Anyway with Mysore now well under way we should see some positive outcomes this year. The Canopy System with fast expansion should do well.

Just guessing LTI but feel 16th or 17th following buys.
woolley, I don't know about you but I held ARM in the 90's and not all plain sailing and did not expect £24bn but there you go.
colour you get a mention frequently because I know full well that everytime I make a comment you are back with a negative comment.

Well woolley you should know from the past that AIM is an off market investment, some work and some do not. Over the years Cyan had its hard times and early investors have seen the rough of it. I have seen some companies fade overnight when their product has been overtaken but at the moment CC is in the driving seat and if JC can pull this together in say 6 months, starting from now, we have a very good chance of seeing a high return. The software and chip market can make vast sums. Look at ARM, did not happen for over a decade, but a price of £24bn, that's one for Colour.

Hello 2cv.. I take your point. MM's probably would not be bothered. I think that somebody has heard something that is good.
We are waiting for an RNS and BOD is obviously trying to achieve its targets. Just possibly they have.
Without irritating Colour too much, CC has been working on this upgrade to Omni/IPv6 for 18 months now, sorry twelve months to June18, it appears to be an RF multiplatform facilitator which has been sought after as a solution, it is probably still low-priced, JC has opened it to the market, White Label, so the big boys can claim they have found a solution to their IoT problem without letting on it is not their achievement. I think there is a very large market there.

No stedon, I think somebody knows something. Afterall we are waiting upon an RNS and it could be very close.
Its not always the BOD that knows these things. As Colour says he has his contacts and who knows what contracts may have been signed. The BOD is trying to meet its targets. There are many slips from within other companies that's how the stock market survives.

Is there an RNS in the wings.

Appears to me co-ordinated buying from one or more persons. I would think, possibly, hit bottom.

Morning. May seem a bit lazy but after reading ITT could somebody tell me the conditions of bonus. Was it a set SP figure that BOD would get or based on current price.
Look in later.

Thanks for that Vas. 43000 on 200000 is good going. A lot of time was consumed in CC setting up infrastructure for Mysore etc but if this Canopy System, where more meters can be added to existing setup, means quicker installations then further connections will be fast. Just what the Utilities want. 2019 should be interesting and that is India alone, keep an eye on UK.

Thanks for sharing that Colour but it does not say CC is not included or does it.

Hello woolley.. You do not have to answer this but are you currently a shareholder or like Stedon out and making sure nobody else gains. You do not know what is going to be said by JC (I wish it was soon also) so you are only looking at outgoings which CC probably should not have forecast a year back and which has been hung onto by the critics. You cannot quote expenditure without quoting income and as you see that is where it leads the SP.
By the way I have asked everybody else, about 8 weeks ago there was a buy of 5m shares (3%) which did not move the SP. Do you know? To me somebody is stake building and if we are not careful and JC says we are doing well it could well be a buyout.

I will work backwards..
Hi, stedon.. You are not in the game so you come over as sour grapes.
Hi. Colour.. You may well have but do you have proof that NDMC do not use RF at anytime in their Smart set up. Seems strange that UK who are biggest contract cannot see through walls or travel to remote spots, and they have tried in buildings and have had to withdraw. They say that 30% of UK will be like that possibly. So what are these big UK contractors doing wrong. More to this than meets the eye.
Hi, Jake..Many big companies apply and loose contracts and it does not get noticed and does not have people criticising at every turn. AIM is what it is, you could have gone for Telefonica etc and get a return but they are top drawer so no risk or profit. I still think it will turn out good. Trouble is for every one month forecast you have to read six months.

Hi All.. I obviously see things in the AIM segment a little bit differently from you. LTI says he is happy with Chinese deal and we should not ask for more detail. May be his is right but it does not help the SP and pessimists.
ITT, £77m contract producing £4m. per annum, say 10 years producing £40m. from that one group of contracts, problem?
Overfiend, we have hit a bit of a doldrum with JC not being as bouncy with his shareholders as his listeners at meetings.
We all know how painstaking long this meter business has been in UK, India, Iran etc. Cannot honestly blame JC who is running around like a blue a**** fly. This arena only holds up for the big boys who sit on piles of cash.
CC had two saving graces, apart from getting UK by default; IPv6 which it would not have been able to develop in time to be competitive and this latest multiplatform Omni which was as a result of getting IPv6 to further develop.
The NDMC was well under way before CC's new Omni and who knows what behind the scene deals have been done with White Label advancement. Colour may well be right and NDMC have managed without CC but who knows, you meet a problem and you look to solve it.
After all these years I am waiting upon JC's report to see what last year achieved. Good, bad but hopefully not ugly.

Morning ITT, I don't think you meant it as I have read but £4m annually from a £77m. is good. Note annually not one off.
Seeing the way the SP has reacted to the no information situation JC should do an RNS giving basic income and orders, as has been suggested, saying a more detailed report will follow in February.

Tut tut, Colour.. You seem to want to run this by remote control. You cant just chuck a few bob in then have your say from your armchair. Do not delegate (repeating myself), be there get it first hand then you can think shall I go or shall I stay. I was happy with Anil and even Harry, who you hate.
JC keeps saying leave it to the experts on the ground, well this year I think he will.