Member Info for tonyj

Hi ITT, LOL, far from it.
For all the time it has taken this is still a new venture in India. That is it has just got underway.
Take a step back look, CC could be a very useful tool for Indian government who now wants to get stuck in. Others no doubt have good Smart Comms but CC has come to the attention of GoI. So now we have a situation where GoI have included RF in spec. It can be turned out fast, not limited to a particular meter, embraced by main manufacturers, especially Genus.
No, I recon Genus or with a group will buy a major holding in CC to ensure continuity, which will please Goi.
At this point I suspect they do not want a disruption to the BOD but equally do not want to loose it to a competitor.
Only my thoughts, may be I have too many of them.
DYOR

Morning all
To me CC has never been at this apex before, been leading up to it then back a bit.
With the OPEX etc models now available I should imagine most Utilities will want to get underway.
Feeling that CC will get 20% or more I think the next 3 working days will have prospective buyers thinking will I miss the boat.
I recon CC will do very well but if not will come out of it happy.
DYOR

Thanks for that LTI, Colour would now follow up - and the point is.
I think Cellular was previously the main interest, but now and I could stand corrected, was not RF then added to the Gov spec.
JC said earlier RF is a little bit dearer to start but then gets cheaper, now with costs no longer required up front I would think several Utilities would look towards RF for more security than Cellular.
Colour will probably enlighten me on the technical aspects.
DYOR

Don't forget you are one of the team again Colour, LOL.
You are supposed to say good things about CC.
Am I wrong but did not CC say that they have installed 1.4m Smart in India and did they not say we have a total book of 2.6m and did they not say they got 2 closely repeated orders for Assam, immediate start. CC are in so many states and with a growing order book. Did they not say they have 22%+ of RF India book. Could just be that is what 14th Dec is all about with one or two RNS's next week.
Did we not recently get a 1m Smart order for Bihar for immediate start is that not the EDF territory you talk about, so why us.
Sooo many times you a have said India is slow, for everybody, in confirming contracts but it is all happening.
DYOR
After thought, EDF have so many mouths to feed, CC have few staff.

Colour, do you think that may be something to do with 5G.
Seems strange these extra tests and pilots, thought SLA covered all requirements.
I recon Utilities just want to push on and CC will grab a good proportion.
DYOR

ITT, 2 weeks between now and the 14th so who knows with CC.
Strange the meters have first to be tested.
May have CC inside Secure.
Somebody will probably know tomorrow.

ITT 'exciting' is probably not an SP word but I am thinking back to when the 37m unit tenders were halted by SLA requirement.
Many of these were probably well progressed including any CC element.
If the documentation for all of these was probably ready to go last year then just maybe a lot quicker agreements will result.
DYOR

I tend to agree with you ITT, with these new monthly income agreements coming up I think the existing cash is sufficient.
If JC wants to buy further stock he may take short term loan but I don't think neccessary.
I feel he has announced the 14th to stabilise the market leading up to Christmas. I recon he has some exciting news which he feels will be finalised by 14th. Only my thoughts,DYOR.

Hello mcgoof.. I think we have all been sitting around for what seems a lifetime. Ironically it is a good part of a lifetime.
As India now appears to have decided it is make or break and started putting money forward together with banks I think the Utilities for thr first time see Credit Card type funding where they can install now and pay later. As they appear to be making a profit immediately I should imagine they woud want earliest starts possible.
As CC only has 250m shares then should there be any action I feel shares will be in short supply.
With TOTEX funding and payments being paid monthly I am hoping JC will publish these figures. I feel that in the past we did not know much about income but knew all about costs which did not help SP.
DYOR

Colour, yes I recon if 5G is taken up it will be in the more affluent areas.
4G will probably cover most of the lesser parts for speed and cost.
Hopefully we may soon get some info on Adani contract assuming we got it.
DYOR.

Seeing CC's recent connection with Americas do we know if we have any interaction with ENEL
A massive concern.

Bit of activity. Are we leading up to something tomorrow.

Well LTI they all look like good hirings as opposed to contact hirings.
I am looking forward to outcomes of tenders and monthly income declarations on new system.
I imagine CC is expecting to get a large chunk of remaining Assam.
Nevertheless DYOR.

Just had a look at Friday trades. I don't know who is trying to kid who.
I recently bought, and also tried dummy sells of moderate to large sizes and they would not quote, so I assume they had too many on hand. So are these 100k, 200k sells dreamed up.
At this point in time unless absolutely needed to only a fool would be selling.
Only my opinion.
DYOR

Thanks for that jake, I am on Simply Wall St but a good reread.
Several things have changed in the last year.
OPEX/TOTEX in which we get guarantees and monthly income that hopefully CC will display alongside costs.
SLA's test which will focus Utilities on approved companies.
Utilities being able to order in bulk without worrying about up front cash layout.
I think CC's conservative estimates will well be a thing of the past.
31/12 should make us much wiser.
DYOR

Morning ITT.. You have said more than I dare, being a numbers man you usually analys the past, I have said previously I could see CC getting the whole of India as a Standard. A bit hopeful but could well achieve 50%.
It's the acknowledgements, simplicity, price, speed, reliability, Anil wanting to come back.
As you say 3 accountants, that's probably not including India who I presume have an entire setup there.
That is a lot of number crunchers.
17/11 and 18/11 could draw more attention if their stand goes well.
DYOR

MHM, thanks for that somewhat lengthy piece, I still go along with my gut feeling of 'strong buy'.
My reasoning is this is an AIM share which is risk orientated. A FTSE would require a lot more DYOR.
JC decided to go into Smart as company needed a change of direction. It concentrated on India as main outlet but got pulled back into UK and Europe by Connode. From my memory it was not well funded from start so when requirements were changed (constantly) in India it needed top ups quickly, you know how long it takes to get a formal float underway. It was strange that these Institutional backings created a rise in SP but was it seen that these were long termbackers, that said it must have got near the nuckle occasionally.
Like you I will just mention INDORE, not for size but efficientcy, GoI showcased it and Utility praised it, because it worked well and they made money from the start.
Each time CC got a knock IPv6, Standards it R&D and got itself out of a scrape. As CC no longer needs to hide its light I would like to see it as a sought after item which other Meter Manufacturers and Governments seek.
As I have said in the past this is not a career path but a past time, FTSE100 was my interest and AIM my Folley.
I decided I liked the product and idea and Averaged down when needed.
The main problem over the years was that India was not ready for its granduous ideas, it is now.
The CC 20% marker probably came from getting carried away previously.
India appears to have got its act in order, and many Manufacturers will be required, if CC say they can slot in any of them then I feel it will get much more than 20%.
DYOR

I would like to think I knew the reason Colour, is it MM's trying to get movement. They shouldn't worry there is surely an upward movement imminent. Someone will probably grab them tomorrow.
I don't think it is a chinese puzzle, LOL.

That's good jake, we need movement for turnover, only exception is if somebody comes in buying big.
DYOR

Hi ITT, SP is going in right direction. Should probably be at 29p now but it is just a waiting game.
Goods news from any of the tenders I feel would place us 40 to 50p.
Then we are away.
DYOR