Member Info for tonyj

Thanks for your thoughts LTI. Makes sense if they are not going into Smart Comms just the meters. However do we know that is the case.

Could well be right colour. Hope it is not another blockage.

Just came across this, admittedly Scottish Daily Mail.https://www.pressreader.com

Thanks Vas.. In my opinion I have the feeling that is a way of dealing with the ban on Chinese companies, a 50-50 joint company but 50% is an investment company and 50% is CLP, the operations company. How does India prevent their influence on Indian pvt.

Surprised this was entertained after the restrictions.

I could be reading this wrong.

Slight confusion, did India not ban Chinese companies from participating in India.

CLP is Chinese, has the situation changed.

Hi Folderboy, no, I don't think you have missed anything. My logic is CC should be at 50p+ but it is not. I should think another company, may be with a bit more cash in the bank, would be taking off. Is it sentiment. To me CC has all the building blocks just a matter of the orders.

DYOR

Hello Folderboy.. Guess work, 'could' being the operative word.

I get feeback from LTI/VAS/ITT but I am trying to equate with what I understand about Genus financial arrangements.

To me Genus appears to be the biggest meter producer in India (not sure but probably), they were buying CC Smart Modules then decided to take them inhouse, likely a bold move by any company with production line costs and commitment, Genus will no doubt get millions in orders. So is CC Smart RF and Cellular the sole supply or even 75% to Genus, to me this is logical and importantly, is payment on production. Could take us into the £bn level.

I am a layman but if others can do it then so can we. DYOR

Just wondering with the information current and today's buying are we are about to get a buying spree.

Could it return us to 20p by close tomorrow or least the following week.

DYOR

I must admit this is where payments via Genus gets confusiing. I seem to remember that we had a graph of deliveries to Genus on monthly basis, we were then told we were going inhouse with Genus, this I assume meant we were being paid on production, RDSS was then mentioned but I seem to remember that did not affect us we were still being paid on production with Genus as inhouse. Could well have got this wrong but I am sure I read it.

Bottom line is we are getting paid up front either way and not relying on defaults.

DYOR

For me a very strong buy.

Keep up the good work Vas, this is 22 carat.

It's coming from all angles.

DYOR

Hi Vas. perhaps LTI or ITT can give us the lowdown on money path from Genus.

In past JC was quite precise about Genus paying for modules at the gate upon delivery before putting in meters, so imagine it should be roughly the same cash agreement.

With so many tenders current I am looking forward to Christmas.

Well Vas.. A couple of years back CC were supplying Genus with modules for inclusion in their meters, I think INDORE were part of the consignment, Genus issued a line of credit to CC so that it could cover the one month gap between making modules and delivery to Genus's doorstep and immediate payment. JC then said that Genus was going inhouse with the CC software. That's where we are I presume, so when meter is produced it is paid for.

LTI may know a bit more.

Morning Vas. Interesting but could it not be that Genus was at the coalface and CC providing the spades, LOL. A comment recently was that CC's P.R. needed improvement. Hard to do when you do not get a mention (other than INDORE) and JC wants to keep everything secret.

As I see it, DYOR at the front this time, India intends to install 250m smart meters, there are three main manufacturers in India supplying 50% of market, Genus I believe is the largest.

CC supplied Genus with Smart modules being paid at factory gate, Genus was obviously happy with CC and took them inhouse, to me this meant no outlay for CC just income, this must have cost Genus a fair amount of cash to set up so may be CC provided all smart meters for them. Genus rose dramatically in share price so why didn't CC. I assume all domestic meters will in future be Smart. So why is not CC at say 50p by this time and with this size of order book, to me logic says it should be, so is there manipulating, if so CC could well shoot up one night improving like Genus. Considering JC bonus's price of 14p+ I would not be surprised if suddenly one morning we see a 100%/200% SP jump. As I have said before Smart Comms (spade) makes a Smart Meter, nothing else I believe. I should imagine JC will enter inhouse agreements with other manufacturers keeping costs low and no major outlay there. As LTI would say, exciting times.

The other BB said 52k was a buy so I recon all of todays are buys.

All sounds good LTI but I think costs come into this. At a price Thames Water convert sewerage back into drinking water. My suggestion would be to buy water from up north (the Lake District) build a main arteriary (36 inch main) down to southern reservouirs. I would even have an idea on how to keep up the pressure by cheaply running the old Victorian Style steam pumps. Would anybody be interested I think not. Wind or no wind, that is the question.

Big job India/Americas LTI. Thought they were split before. May be most of our salesman job done in India. Time must be running out for the starting of contracts GoI funds.

Going a little bit further does anybody know exactly what kind of sub contracts would be involved. As i see it, apart from possibly the Utilities installers and may be HES end, it is a straight forward exchange and could be supply only. DYOR

A good write up Vas. If the SLA had not been so long in the tooth the Smart Market would have been much more advanced. In most cases it takes many months for sub contracts to be placed but in case the of Genus ( in house agreement )and Intellismart (Framworrk ). and others, I should imagin CC have the advantage that production runs have been agreed, so CC meters can be produced in advance and ready for distribution. DYOR

True gizmo but I should think there will be a massive hurry up if the GoI handouts are to be bagged.

I know AIM etc is under strain but considering how CC was achieving 26 -29p last year it is amazing that 40p+ is not now the order of the day with order book X 5 biggier and many supplied already and all of these tenders being finalised.

DYOR

Yes mcgoof, logically they are all buys at this price and now JC update.