Member Info for tonyj

Well this has been a hard uphill battle. Directors' costs are perhaps too high for the current returns. It is not necessarily their fault but never the less facts are facts. In this case lack of facts. The AGM is coming up and perhaps it should be put that the BOD's salaries are halved until �1 is reached. A reversal of the bonus system. They are as intent on the success of the company as we are and would likely concede to the request..

I have been accused of this before but I see good prospects on the horizon and soon. I think one or two of you see hope. As much as you knock JC he springs surprises and that would be in addition to what is being discussed. I think there may be new happenings in India. Whilst Colour may be right in EESL going for short term cheapness that has not fully happened yet and Mysore could be CC's golden nugget in as much as it is not too expensive, has been proved efficient, quickly installed so that utilities get an earlier result, can cope with IoT and multi platform, and meets GCHQ's requirements.

Hi Vas, no I don't think they are expecting anything new from Iran. What I am hoping is that we can get some recovery, before 90 days is up, to compensate for what we have already laid out and installed.

The saving grace here Overfiend is that this theoretically is the turn around year so no relation to previous poor results which mainly came about because of such high R&D. This is said to be finished (up to Omni) so just may be this observation is possibly accurate, for a forecast that is.

Hope JC negotiates an advance from Iran whilst it is still allowed for leasing which covers the next 5 years.

Vas, I believe we have received some advance from UK. At least JC said we had received income and SMETS2 is not up and running yet.

Luckily they are not paper certs otherwise my mattress would be getting pretty hard.

Vas, with a thesis like that you must be an Oxford Don. Back to the pub.

stedon, and if we look really closely we will see you sitting on it, LOL.

LTI, Deloitte on CC BB

Vas, reading the side column of your link looks like EU is ready to face off US. It will be interesting to see which way JC goes. He may not have a choice as we are still in EU.

Chianti, going by UK notspots there must be millions in India with its wide open spaces. An opening for JC but he may already have influence the Indian Government. Has there been any previous mention of 'notspots' in their tenders. On a ratio of 1 in 4 there could be 50 million meters.

A pretty nonplussed report. Just covering all corners. On the one hand cash OK until Q4 but then says need �2m. This �10m being booked for this year, is this just being talked about or arriving, if so why the �2m. Is this just a variation of JC's yearly fund raising. Not impressed in any way, I could have written better. What about the waffle of Bangladesh's slight delay that should now be underway and the goods already produced paid for.

Point made but haven't we just finished developing Omni. Surely one of these other partners who apparently need the product could be persuaded to give advances. Although I would not like it I am surprised that the likes of Genus has not snapped us up at this price to protect their interest.

There has to be some logic here. The last fund raising I thought covered 2018. Much to our asset is software based so very little expense. What happened to the share sale in April18 did that not go through, may be it was too expensive after SP falls. The problem that JC has is that he talks about money as confetti when spending millions but sings the praises when he makes �1.5m profits. Like it or not R&D costs must be further restrained until cash flows in larger amounts.

Hello LTI.. Is this the first reference to IoT use in an installation.

Colour, inverted sarcasm does not become you, just be rude. LOL We knew that 2018 was going to be a make or break year, at present seems good. We must avoid talking ourselves into the grave. The crucial bit now is getting as many orders on the go at the same time as possible, not spun out over years loosing cash along the way. So 2018 UK on the move with SMETS2 hopefully using Omnimesh so that if the opportunity arises we can expand into IoT. Mysore etc, we could mushroom out from that point. Bangladesh, if it gets a start soon could be very good earner. Anything else that JST can produce apart from a takeover.

Colour, considering what is known about EESL what is your take on the Mysore, UGV MPWZ situation. I had the impression that EESL dictated to all Public Utilities. Incidentally JC didn't just visit No.10, about 3 years back he flew out with a trade delegation.

Just watched video again. I may be kidding myself but I still see an upside. Emphasis seems again to be on India with no real discussion on Bangladesh etc, so that is probably talked out and just awaiting start date. So despite what Colour has enlightened us on re India JC informs us he is in close dialogue with the Government there and we hear that Mysore, UGV and MPWZ are performing well and producing returns. Another interesting point that JC made was that we have received income from UK Contract even though we are not participating yet (SMETS2), so that means to me that we have received an advanced payment. With that and the inference that much more CC software will be turned on for 'Notspots' all is not doom and gloom. I am aware that one utility had to abandon a high-rise installation because the SIMS would not connect and we have not even started with our SMETS2 yet. So don't be too down-hearted, it just takes a long time.

Colour I think we had better apply, needs more than one pair of hands on the rudder.