Member Info for tonyj

Hello Vas..Not a lot I should imagine as SMETS2 does not start until Sept/Oct but payments could be received in advance or on production for stock. The main criteria is that it starts and should grow sharply as UK Government want it completed in a couple of years. There is a fair chance that anywhere that slightly hits communications problems, such as multi-story buildings, will be switched to RF to speed up the works and once on will stay on receiving full lease payments. So the �25m/�37m forecast could be increased dramatically.

ITT you're wasting your breath trying to screw CC further into ground. It has expended a lot on R&D, most of it necessary and the government allows for this. I think JC will pull CC out of the doldrums, principally because it is a good product. He is not trying to sell rubbish like some, it is just a very difficult market he has entered. The money will probably hold until end of year and income is starting to come in and will increase as it is a repeat leasing market. Many companies go to the brink and return strongly. Connode would probably have done so with a couple of years more in its favour.

No Overfiend, I reckon you are about right. Year-end was was forecast. Any incomes will improve this.

That is a ridiculous comment ITT, the two subjects are not related. You know the amount of R&D that has got the product this far. The mistake was made when combining the 2 companies R&D on acquiring Connode just to keep everybody happy. If Connode was so good why haven't big returns started from their 600,000+ connections, the leasings should be earning. 2018 should now be showing these returns just do not waste it JC. Hope the accounts dept is keeping up to date with all these amounts arriving.

I would now like JC to state exactly what income we are receiving from UKContract. This information is not secret as contract signed and sealed. He said it had started to come in on 2Q. I would think also that there is a standby payment for the 50m+ meters where our software is automatically incorporated in case it is needed.

Well like it or not we are where we are at. I don't think the BOD is trying to exonerate itself, it made mistakes along the way the primary was underestimating the market, which was all foreign countries at the start with unstable governments. The product is still good and CC could well bounce back in 2018. I think too much enthusiasm was expelled going forward especially down the IoT path. Big companies are involved with big cash that can sustain short-term lows. If I were JC, considering he is still enthusiastic regarding India, I would approach L+T for an �10m advance against further orders. May sound hopeful but if L+T is making good use of CC it would like to see its product line continuous.

I get my info from anywhere. A bit of light reading - will smart.meters mean a positive future. Have a read.

All ears are upon you LTI (including hearing aids) for that rallying call as it is not coming from elsewhere.

It is worrying when you read Harry's credentials. BT probably Martlesham. Entrepreneurship, Chairman of a company. He could have made interim statements on progress but nothing. Even he said its no good having contracts unless you can close them. Next week will be interesting all round, if we get that far.

My first negative, JC will have to pull a bloody big rabbit out to even get back to 28p (.0014p old SP). Harry was put in charge of firming up contracts, heard nothing from him. He will still want his pay. I said last week that the board should work for half pay until situation improved. I have changed my mind they should now work for no pay until they sort something out. They can live on their generous share holdings when times improve. Never thought I would be saying this but it is time for JST to step in.

MM's trying hard today. It will be interesting to see what gains Mysore is making after pilot. Money talks especially in India.

Hello dwall.. That's not logical, the butler in a large house would have the task of meter feeding, LOL. Or the caretakers first job in morning in a factory would be to load up the meter. I see what he is getting at but some houses are happy with receiving a bill. I don't think it's a matter of one size fits all. However he thinks so and he is the boss..

Just reading about smart in Panipat City, I thought Mysore was first, I got that wrong.

Don't worry Colour I listen to everybody including you, sometimes. All co AGM's are different according to size of company. Contacts are very useful to me. You get information from enthusiastic staff, only little bits mostly. Have you been to a CC AGM.

I take that back. We have all done that at sometime.

That's rich BST, you are the one who came in too early and lost a few bob.

Colour, I don't know if you attend AGM's of CC but most discussions take place off mike. Its a pity I am not going this year due to another meeting in London. As you and I know AGM relates to last year but if there is anything JC can say to bolster SP I think he will.

Who knows what AGM will bring and its close. I don't think anybody else could carry it. The is mainly the clients.

Hello ITT. These people are entrepreneurs. You can always pick a duff project which probably seemed OK when started. Both have made millions in computers and were leaders in their time. You probably remember Sinclair ZX. You cannot be selective and rubbish them. You just came in too early on CC and are negative. JC needs to be more forth coming and more restrained in his ambitions until he has substantial money arriving. Following what he has to say at AGM this could be a strong buy. For newcomers (not you) its decision time, buy before or after when possibly takes off. Not often but I have seen that before.

Sit on your hands, a polite way of saying it, until AGM.