Ethernity Networks Share Discussion Threads

[504] 17/5/2023 18:54

I give up with the share price. I can only say that with revenue delivered it will be higher. My view hasn't changed from last year that once we have increasing revenue delivered the share price rise is inevitable. Even if just from the absence of fundraising for administrative purposes. Until we get that news anything can happen and it has

[purchaseatthetop] 17/5/2023 18:54

Never liked the A1, or the M1. So many traffic jams.

[purchaseatthetop] 17/5/2023 18:49

Pattsaloser. Quite agree. A pettion is a great idea. What is a pettion? Perhaps you should ask seagreen as you are him.

[purchaseatthetop] 17/5/2023 18:45

dplewis. fully agree. I need a 6 bag to breakeven!!! But it would have been a 10 bag before. Still believe that we will be above 50p in 2024. But will see.

[dplewis1] 17/5/2023 18:38

Funny reading the old multibag ramp. Fair enough for people who only just bought, but any long termers even with a best case scenario having averaged down need a multi bag to get back to break even. But don't let that spoil the excitement, just a rueful observation..

[pattsaloser] 17/5/2023 18:37

Utter disgrace we ought to start a pettion to get them both thrown off ADVFN the amount they have lost people.

[purchaseatthetop] 17/5/2023 18:36

Hi seagreen!

[pattsaloser] 17/5/2023 18:28

Must go down as the worst ramps of the year utter disgrace

[casholaa] 17/5/2023 18:17

...and the A.I. bots will disappear into the ether when it all goes to the bucket.

[purchaseatthetop] 17/5/2023 18:14

You know how I like RNSs.
Key aspects of the mind destroying 3p placing RNS were:

"Net proceeds of approximately £713,000 will fund capital equipment purchases to improve testing and integration facilities, to accelerate product shipment and delivery to customers"

"On 17 January 2023, the Company announced that it was developing the technology for its new products, being: the UEP system product with support for wireless link bonding; the XGSPON FPGA code; and the FTTR FPGA code, as well as being engaged in discussions with prospective customers for the new products."

"XGSPON - as announced on 6 March 2023, the XGSPON is complete and the Company has commenced shipment of its ENET5200 Quad XGS-PON System-on-chip (SoC) controller device to the customer in line with the contract terms. Further to this, the Company is in engagement and testing with potential substantial new customers"

"as well as the PON (XGSPON and FTTR), and the Company is now moving to monetise the technology from both existing contracts and new contracts from its current discussions and engagements."

"announces that, following receipt of positive interest from two senior engineers of the Company's PON development team, the Company decided to undertake a subscription (the "Subscription") and is pleased to announce that the Subscription has raised a total of £33,500 at the Issue Price of 3p per share through the issue of 1,116,667 new Ordinary Shares ("Subscription Shares")."

So, following the "story" we have moved from being engaged in discussions with customers in Jan 23 to testing now plus the team in charge of the PON dept has bought in.

As 504 says. If you cannot see "multibag incoming" signs all over the sky then you are blind.

[casholaa] 17/5/2023 18:07

Too many A.I. bots here

[504] 17/5/2023 18:04

PaTT I have been digging on what the kit could be. It's undoubtedly a virtual network environment where they can introduce huge variables and test performance response. This package will be industry approved and results accepted as fact without third party involvement. The customer and Ethernity are both in the test in real time and the product actually enters their network management system.
This cuts integration time from months to days.
Ethernity are undoubtedly doing this process with many OEMs but also with OEM customers in their customers environment.

This is the clearest indication I can think of that they have genuine immense interest. The fact that the PON engineers have just invested £33500 is just the cherry on top.

Mock or ignore it doesn't change a thing. News is coming.

[mark0419] 17/5/2023 18:04

When's the next placing

[504] 17/5/2023 17:54

Is the market real. Yes
PON OLT for major backbone deployment are an elite very high value sector in a $30bn industry. It's very protected and controlled by 3 semiconductor suppliers. In many countries two are excluded and OLT are extremely expensive. OEMs want into this market. Ethernity has fabricated an alternative that is extremely competitive and will open up the market. This for WISPs as an example could reduce their cost for backhaul by 50% and give them the option to use wireless backhaul as a complete solution.
It can't just be dismissed as look at the share price. I am here because this simply makes no sense. At 50p it would make little sense but at least I could just accept that it's cheap.

[purchaseatthetop] 17/5/2023 17:52

As Dplewis and I agree (never thought I would post that sentence) the share price is where it is due to the series of cash calls because Ethernity did not have enough reserve to weather the repeated delays. Hopefully now over. As 504 posts, every indication is that the market is red hit for our product now and I think the testing equipment was absolutely needed because otherwise they would lose customers who need solutions now. They cannot wait in a queue for nine months.

[mindthegapup] 17/5/2023 17:49

It is what it is but ENET will get there.
Plus with just 130M shares even after latest placing they are in a much much stronger position than virtually 99% of AIM listed companies with their death spiral financing arrangements, tens of billions of shares and no prospect of material near term revenue 😉

[504] 17/5/2023 17:46

The PON controller is unique because it's the only semiconductor with a controller on FPGA that OEMs can use to reach market. It gives the OEM a substantial advantage in the market because it's cheaper, more powerful and extremely flexible. It comes in gPON and XGS-PON and now combo. This controller manages thousands of end connects.
There are PON OLTs from the major manufacturers but they are not available for OEMs they are major brands and work in their network only. The joint product Ethernity and the Asian OEM have is open. It was rapidly integrated with the three common ONU in China and will be used in all networks.
The OEM can take the SoC, a white box to use the OEM software or as a ready appliance that the OEM simply adopts within their solution range.
There's no arrogance here it's fact and the senior PON engineers will know all about it. Ethernity has been reporting growing interest for around 9 months. Now they describe it as immense. They have in Q1 "acquired" a new sophisticated integration package. This is to speed up and quality assure the testing and integration process.
If this information coupled with the fact that the PON guys have put their own money in does lead you to suspect that the PON range is a high demand winner then I don't know what will.
It's a huge arrow pointing if you can't see it because you are conditioned to failure open your eyes stop looking at the share price created by the dire financial position of the AIM and perpetuated by a poorly informed market.

[skid35] 17/5/2023 17:41

Let’s hope so.
Never thought ENET would be at these levels, desperate for news to take the share price to where I believe it should / could be with the right news flow.
If ENET had no Bergen in the background waiting to convert, a cash runway of 3m and had investor confidence on the 9m we would be at a 30m plus market cap. Frustrating.

[purchaseatthetop] 17/5/2023 16:53

skid. This chap - Guy Soffer - is most likely one of the PON senior managers. He was CEO of a company.



He does not look introvert or reserved. He looks like he has wide experience and is Levi level smart.

In his "about" is says "Owner of 25G PON LDPC IP (Encoder + Decoder) - FPGA based, compact and efficient". Interesting.

[1liam] 17/5/2023 16:31

Gearing down continues

[skid35] 17/5/2023 16:29

Although welcome that tech guys have bought in I would caution against holding them up as understanding this.
As a rule although they are introvert and reserved they also tend to be a little arrogant on their own babies over egging strengths and ignoring weaknesses. I hope that this is a sign they have seen first hand signs and inside knowledge of real intent of volume from customers.