Ethernity Networks Share Discussion Threads

[purchaseatthetop] 31/5/2023 12:35

Well paps….I would settle for our share price bring half of what it was at the start of 2022. PMI are stars!!! Do your homework. PMI have no relevance to Ethernity performance. Only future contracts do and I would strongly suggest that they would not have spent another nearly £1m at 7p and 3p if there was not a clear path to recovery. But who knows?

[papillon] 31/5/2023 12:33

PMI share price is less than half what it was at the start of 2022, purchaseatthetop, so perhaps it's not wise to boast about their involvement in the recent ENET placings! "Do your homework"

[papillon] 31/5/2023 12:28

Premier Miton 3 year log chart. Looks like the PMI share price has further to fall as it's broken through a support level today. If only they hadn't invested in ENET! 🤣

[papillon] 31/5/2023 12:18

👍 seagreen.

[mark0419] 31/5/2023 12:14

Dead as a dodo this share.......

[purchaseatthetop] 31/5/2023 11:21

Guru. No chance of it going private. How would Bergen then sell their shares. They have another $1.5m subscription shares to convert.
The general public only see RNSs and if you look at SYME, MOS, VAST or any number of other AIM compsnies these are used to deceive investors. Ethernity simply report when things really happen.
Right now the only persons who have any idea are a small number of obsessives and insiders.
They let us know a lot is being deployed now with five real products in real markets. We wait for further data and if the existing data is correct H2 23 is the first positive EBITDA period.

[gurunostradamus] 31/5/2023 11:04

Thanks PATT but I meant just general public not associated with the company as usually bargains are rarely missed entirely by the general public some in the know would or should have started buying now but alas no trades worth mentioning over the last few days? Definitely this lack of buying doesn’t bode well suggesting that there is a risk of the company being taken private?

[purchaseatthetop] 31/5/2023 11:00

Certainly the former!

Anybody buying at these bargain prices?

Premier Milton bought 5m at 7p and 4m at 3p
CEO bought 3m at 7p and 1m at 3p
Managers bought 1m at 3p

Do your homework.

[gurunostradamus] 31/5/2023 10:51

Probably are the worst investors or paid rompers - if this was such a bargain then why isn’t anyone not buying at these base bargain price?

[504] 31/5/2023 10:31

That was the development window for the products. The inflection point will be generated when the company switches from development to mass production. That is where they are now, within that change period.
The past financial performance is irrelevant to the future because the business has completely changed from development into production.

[purchaseatthetop] 31/5/2023 10:19

We know results to 31/12/22 will be horrible with losses of around $6m.
We know H1 23 results will be pretty horrible with losses of around $2.5m.
We also know why the revenue hole happened with PON/XGS deploying 15 months late, UEP2025 deploying 9 months late and FTTR 3 months late.
Component shortages and customer slippage.
That is why we are at 3p.
The hope is that now everything is actually deploying. Even 5G seems happening in the USA finally. FWA, PON, FTTR, 5G….our markets all seem full on to the point that there are huge queues for skilled staff to roll it out.

[chester9] 31/5/2023 09:33

https://twitter.com/spacex/status/1658970790312681478?s=46&t=vgRcMH1ViVAUBW46YvlN9wNow that's a price cut. Though my cousin that lives in darkest Norfolk has it and it's better than copper but not much.He was already paying 99 a year ago

[504] 31/5/2023 09:30

I suspect that he will be excited by the mass deployments in progress and the colossal interest from OEMs.

[astralvision] 31/5/2023 09:14

never mind dpl, at least we've deffo got news in June, as our inept fd MR finally wheels out last years results, nearly 6 months after the event.What an utter waste of a salary cheque he is.Can't wait to see if DL is 'excited' by future prospects.

[seagreen] 31/5/2023 08:31

Not as much as those idiots at Premier Milton have mind...market not impressed with their results

[chester9] 31/5/2023 07:19

From Half Year results

[chester9] 31/5/2023 07:18

Mike O'Shea, Chief Executive Officer of Premier Miton Group, commented:"Although this has been a tougher period for investors, we remain convinced that the work we have done in building a diversified active manager that can offer products across equities, fixed income and multi-asset will bear fruit in the long term.At times of market stress there are substantial opportunities for genuinely active managers who have the courage of their convictions to run differentiated, long-term, and focussed portfolios by taking an agile and positive role in the capital allocation process.Our long term investment performance record is good, we have a strong distribution and marketing capability, a strong balance sheet and an operational platform that can handle many times the current level of assets we manage. As confidence returns to markets and to investors, we are well placed to return to growth."

[quantas01] 31/5/2023 07:16

Pretty sad is one way of describing it. I think most of us could find somewhat more descriptive terminology. I see the talk has focused on the 9mill and 15mill for next year perhaps the two enlightened beings can tell us when and why the 20mill disappeared into the ether?????

[504] 31/5/2023 07:11

To make myself clear. $15m next year would equal zero growth and would be a disaster for Ethernity. It would mean that they have failed to progress beyond the expected H2 performance expressed over 12 months.
They have a huge global market and it needs to begin realisation early in 24 to maintain momentum.
It's important that they open up multiple sales routes to mitigate risk and build resilience. Reliance on one market and one OEM is not a safe strategy.
Substantial orders or contracts may appear welcome but they are financially and logistically difficult for a poorly funded business. Smaller multiple deals are easier to negotiate with better payment schedules and smaller discounts.
Small volume will grow quickly.

[purchaseatthetop] 31/5/2023 07:08

Pretty sad I agree.

[dplewis1] 31/5/2023 07:04

Closing out May with a bang then.. the month of the predicted "news avalanche" ends with another 30+ million shares in issue and no reports of anybody else actually wanting to take their product

[joinednow] 31/5/2023 05:37

“I dont know why they need $15 m of revenue next year”

i dont think its such a good idea making such bold predictions.

At a share price of 3p , enet is a penny share.

we want to see good growth, but also lots of cash comming into the business.

this surely is the way to nurse enet back to health, not making BOLD predictions about revenue.