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ENET Ethernity Networks Ltd

0.80
0.00 (0.00%)
26 Apr 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Stock Type
Ethernity Networks Ltd ENET London Ordinary Share
  Price Change Price Change % Share Price Last Trade
0.00 0.00% 0.80 14:04:52
Open Price Low Price High Price Close Price Previous Close
0.80 0.775 0.825 0.80 0.80
more quote information »
Industry Sector
SOFTWARE & COMPUTER SERVICES

Ethernity Networks ENET Dividends History

No dividends issued between 27 Apr 2014 and 27 Apr 2024

Top Dividend Posts

Top Posts
Posted at 27/4/2024 13:01 by bantamboy
PRATT 😅😅
The reason most things are valued at zero with Enet is because most of what they pretend to do is already being sold in Poundland over here ffs !!🤣🤣
What DL regards as cutting edge technology as being selling for peanuts in Western countries for years!!
Isreal is equivalent to a mountain goat when compared to the West...
Just Admit you clown 🤡.. Enet is a dead man walking.. it's finished & fully deserves to be valued at ZERO 🤣
Posted at 25/4/2024 12:47 by pwhite73
patt - "The OEMs manufacture in the USA using solutions designed by Ethernity."

No different from Nokia. Now Nokia have openly stated they are working with Sanmina to comply with the NTIA restrictions. Who are ENET working with?

What's changed is that the US Telco could have imported ENET products from the European manufacturer who ENET already have a contract with, they can't any longer. ENET needs a US OEM of its own if their products are to be eligible for BEAD funding.
Posted at 25/4/2024 12:19 by pwhite73
patt - " has signed a contract with a global wireless OEM based in Europe to supply its ENET 4840 40Gbps FPGA System-on-Chip (SoC) with support for Carrier Ethernet Switching, Wireless Bonding, and IPSec security. The ENET 4840 is a customised version of the device that is used within the UEP-20 Universal Edge Platform product design, which will also be supplied to the OEM for manufacturing.'"

To qualify for BEAD funding the US Telco must use electronic devices manufactured in the US and not simply import an ENET device from Israel or a European OEM.

This is why Nokia a European OEM has been forced to source the production of their electronic devices to a US OEM.

As of today I am not aware ENET has any manufacturing contracts with any US OEMs are you?

Speak Later
Posted at 25/4/2024 11:46 by purchaseatthetop
The 12/10/21 RNS which was delayed and finally completed in Q1 24 illustrates the point very well:

'12 October 2021

ETHERNITY NETWORKS LIMITED

("Ethernity" or the "Company")

Ethernity Networks Receives New ~$400,000 Order for Customised FPGA SoC

Ethernity Networks (AIM: ENET.L), a leading supplier of data processing offload solutions on programmable FPGA (field programmable gate array) for accelerating telco/cloud networks, announces today that it has signed a contract with a global wireless OEM based in Europe to supply its ENET 4840 40Gbps FPGA System-on-Chip (SoC) with support for Carrier Ethernet Switching, Wireless Bonding, and IPSec security. The ENET 4840 is a customised version of the device that is used within the UEP-20 Universal Edge Platform product design, which will also be supplied to the OEM for manufacturing.'

We develop an R@D single example of the product. That is then customised for OEMs individual needs. The OEM then manufactures everything. We may supply the system on a chip like we do for Tarana but it is only a single FPGA loaded with code.

Here the customer is buying a special SoC and also the design of the UEP product that the SoC makes function.
Posted at 25/4/2024 08:47 by pwhite73
The reason why I ask where ENET products are manufactured is because I noticed the below from the Nokia article.

"Nokia is working with the manufacturer Sanmina to produce the products after the National Telecommunications and Information Administration (NTIA) determined that OLTs and ONTs must be made in America to qualify for use in BEAD fiber projects."

Following on from the above it would be reasonable to assume that if ENET's products are not manufactured in the US then US Telcos will not qualify for BEAD funding.

Looking at previous product documents ENET products are manufactured at 13A HaMelacha Street, Lod Industrial Park, Israel 7152025.

To overcome the restrictions laid down by the NTIA ENET like Nokia will need source a US manufacturer. This is what the RNS of 28/03/2024 was about, the need to source a US OEM although they deliberately omitted the US bit.

Until such times they have no FWA business in the US as part of the BEAD funding. This also explains why everything is supposedly scheduled for the H2 2024 when in fact what they require is a US OEM at anytime.
Posted at 25/4/2024 06:36 by bantamboy
Pap..
Enet is not even 'Punt'..
A Punt is fun & you might even win!!
Enet is just a pure wealth destruction outfit that as caused misery & anguish to hundreds of shareholders & delivered Absolutely nothing in terms of value...
It's a lose lose situation.. get out while you still can..more misery & pain will follow this company untill the end..
Creditors will be paid back & enet will go straight to in administration for good..
Posted at 24/4/2024 22:34 by papillon
I'm okay, countbasie1, how about yourself?
Unfortunately, countbasie1, my short term chart is Bearish and my long term chart is Strongly Bearish. My long term chart has been Strongly Bearish since the start of 2022.
The ENET share price needs punters to pile in to turn my charts Bullish. Only good news RNS's will attract those buyers,
I'll leave future predictions to the 2 fortune tellers who say they have filtered me, purchaseatthetop and Snooker40. They are obviously "believers", even though they appear to be in the minority going by the languishing ENET share price
ENET is a pure punt. You'll probably either multi-bag, or lose your money. If you have a bet on it don't bet more than you can afford to lose.
Posted at 20/4/2024 08:38 by purchaseatthetop
“PWhite73 - 09 Mar 2024 - 11:17:17 - 33059 of 35143 Ethernity Networks -5G Superstock in the making - ENET
patt - "So, anybody can speak at these events if they pay $545"

Of course they can't. Why would you want to speak at a WispAmerica event if you're a brick layer? You must have a direct or indirect connection to wireless communication to even be invited.

The point I'm making is that all these AIM companies attend global conference events to lend credence to their existence. Attendance has no commercial impact on their products or services. Its just a publicity stunt.

The product must as a stand alone unit be of commercial value to the wider market.

I have seen no evidence to date that ENET are part of Tarana's ngFWA. That is the news everybody is waiting for that is yet to materialise.

I have proffered my view that Tarana have not renewed their contract with ENET you say otherwise. I am still waiting to be proved wrong.

That's it from me. I want you to enjoy your holiday weekend.”


Glad the see that this is proven wrong. Whether there are H1 sales or not, it is clear Tarana are completely linked with Ethernity in both G1 and G2. That alone should secure the future. If we can sign one of those “expected̶1; PON contracts then everything will look rosy. But that comes with an “if”.
Posted at 06/4/2024 14:12 by bantamboy
I think all you guys on here need to listen to pwhite tbh..
He's done his research & speaks the truth about Enet..
I know for certain that tarana have finished with the services of enet & you'll never hear enet reference them in any updates again..
It's pretty much over for Enet now.. what you're witnessing here is the final last breaths of a dying man wanting to go out singing & dancing..
I won't go on much longer..the man Will just disappear & die ..
Posted at 06/4/2024 11:07 by pwhite73
ENET financial year runs from 01/01 - 31/12. A quarter of 2024 has already passed.

The Business Update of 28/03/24 states - "Based on the scopes of work being discussed with these potential new customers, should they lead to contracts, they could contribute between $2.2 million and $3 million to the Company's revenues in 2024."

In the Proactive interview of 03/04/24 at 0:31 - 0:42 Tevet says - "So we are currently in advanced talks with two OEM customers. We've been testing our UEP platform extensively. We are planning to launch solutions based on our technology in the coming months".

You don't need a PhD in mathematics to work out that six months of 2024 would have passed before they launch the UEP25 never mind signing any contracts.

However the above is all a distraction from the white elephant in the room.

Tarana are on a massive global expansion plan with its ngFWA. If ENET are still part of their programme this is where the bulk of their revenue for 2024 will come from. Why was this not even hinted at in the BUSINESS update. I put business in capitals because ENET by law have to advise the markets of any material change in their business. If they are part of Tarana's global expansion plans then that clearly is.

Conclusion.

There is only one conclusion PI shareholders can come to and its that ENET are no longer part of Tarana's global expansion plans and therefore as per the business update have to source new revenue streams. This is the reason why I believe the company has to protect itself from falling revenues by using the equity markets to recapitalise itself in the event the discussions with the two OEMs don't come to fruition.

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