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Http://ncclimited.com
A very large construction and infrastucture company.
LTI.
Hi LTI
It looks to me as if NCC Ltd poached ambitious Ratna to help them deliver their orders in Maharashtra, North Bihar and Bangalore.
https://ncclimited.com/announcements-disclosures/2023-24/Newspaper_Publication-01092023.pdf
The reason JC chose not to advise about Ratna's departure is now cleared up.
And NCC attach monetary values to each order. Take note JC, this is how real businesses work without all the fluff and bluster that CC think is a good idea. High time CC grow a pair, and Friday is a good time to start.
Well found ITT.
ITT, I am waiting until Friday to clear this up. Who is supplying Smart software.
Another one for your question list tonyj. JC will know, the order was declared Sept 2023. He won't tell you though.
You are right colour, hopefully he will tell. In the meantime you don't know so why talk with such certainty.
Obviously, Statler and Waldorf are under instructions not to engage.
https://www.google.com/search?sca_esv=bc8be091688d4f3a&rlz=1C1CHBF_en-GBGB1100GB1100&sxsrf=ADLYWIJ-3y_eujxw_t7Qp1mX8yUARP_jDg:1716999168303&q=two+old+men+on+muppets&udm=2&fbs=AEQNm0Aa4sjWe7Rqy32pFwRj0UkWd8nbOJfsBGGB5IQQO6L3J_86uWOeqwdnV0yaSF-x2jo6Ttnu6iRjjgGjARfLolnBYg2tMdxbJFpG2a0dg6n0NSOUeL_Zp-ANwJjueSBq_UoE1Rqmx1qtxWQlddKd0bEv4-fvXrL1UXtmb7rYJIBkr79X849_zmlFz-2AGdL47Zwhhols&sa=X&sqi=2&ved=2ahUKEwjnjoasoLOGAxWl8QIHHVQRDvMQtKgLegQIERAB&biw=1920&bih=911&dpr=1#vhid=oO9H4PXPl0yEjM&vssid=mosaic
Still awaiting a response to my email, won't hold my breath though. Does anyone know of a company that doesn't announce the fact a CEO may seniir player in a company has gone from shareholders and thinks it's OK just to pop something on X?
Don't be surprised if NCC are the stalking horse and Ratna has a foot in both camps for due diligence reasons. Only my opinion of course but all seems rather strange with what's been going on over the last month or so. If JC swerves the question on Friday, which I'm pretty sure he will it will be only add to the conspiracy theories.
I'm not convinced Fridays waffle hour is going to take place at all. They cannot answer the questions, so it appears a complete waste of most peoples time. You know the questions, they won't give the answers, simples.
We know that Ratna remained employed with CC until March 24, yet started work at NCC six months earlier in OCTOBER 23 , this makes me think he is there with CC blessing.
What is even more extraordinary is that in the December 23 NCC published their quarterly Magazine and if you look at pages 28-31 you will see the "Welcome to NCC " Page with a list of all new starters at NCC that previous quarter.
Surprisingly it does not include Ratna, who started that quarter BUT does include at least two employees whom had left Cyanconnode to work at NCC that quarter and are both stated as "reporting to Garapati Ratna Kumar, Executive Vice President!!"
These ex cyanconnode employees are
Palli Deepak: joined NCC as Assistant General Manager in Electrical Division and is
reporting to Garapati Ratna Kumar, Executive Vice President. Prior to joining us, he was
associated with CyanConnode Pvt. Ltd., as Senior Manager (Field Applications), etc etc
and
Krishna Prasad joined NCC as Joint General Manager in Electrical Division and is
reporting to Garapati Ratna Kumar, Executive Vice President. Prior to joining us he was
associated with Cyanconnode Pvt Ltd., Gurugram as Cloud Solutions Architec etc etc
Strangely i thought i would do a word search throughout magazine for Genus, HPL, Intellismart, Montecarlo ,and other big players in the smart meter industry - none of these company's came up with one mention in the entire magazine but Cyan had three employees start that quarter with only just two names mentioned.
Start at page 29
https://ncclimited.com/magazine/samashti-issue-67.pdf
GL Vas
Strong Buy but because I think there is something big going on. As long as it does not become a scandal there is probably big Big money involved.
Colour I think you are right it's going to take a lot more than an hour to unpick this knowledge to us. DYOR if you can
Hi colour ....crossover period ends sept ...so all done correctly ...your just being given early heads-up ....genus maybe peaked last week.. ..probus India growing ....smart meter installations gathering pace ....
Some excellent research today. Thank you.
That's a corker. 1.5m bought and sp moves 0.62%. I would not be surprised if a few more got in before Friday. Afterall something big is in the air.
I have received a response to my email and on the basis of the content it seems a reasonable explanation. I'm unsure if it will be covered of in the meeting, however if someone were to send in the question I am sure it would help.
Hello Jane. I am pleased you got a satisfactory response. You would have soon said if not. Will I be seeing any buys from you before q&a.
Sorry jake. I think speller took over.
The average weighted share price seems to be around the 8p mark. Could we be entering a j/v based on this?