Ethernity Networks Share Discussion Threads

[chester9] 31/5/2023 17:04

Not yet they might decide that 2.8p is too toppy. They have plenty still to convert.It does feel like things are being aligned here. June 30th is a Friday.

[504] 31/5/2023 16:53

Very good news for shareholders.
Makes you think that maybe they have held the share back. Nice

[astralvision] 31/5/2023 16:51

Least Bergen got less to get rid off this way, looking on the bright side.No wonder the share price is where it is, given how many Bergen have shifted to get to 4-5%.

[papillon] 31/5/2023 16:49

News drives share prices, purchaseatthetop. The only probable news in June will be the final results. I don't expect them to be good.

[astralvision] 31/5/2023 16:49

That means Bergen can sell at anything above 2.8p or whatever last subscription was and make a profit.They never were going to hold those shares from much higher levels.I'm sorry to say PaTT you called that one wrong. No criticism implied btw.

[astralvision] 31/5/2023 16:46

I was bang on, Bergen not holding any, zilcho, from higher up.Quelle surprise!

[kcowe] 31/5/2023 16:44

Late rns .. holdings 5g at 4 to 5% of share capital

[504] 31/5/2023 16:34

Much depends how they monetise these assets but the current model suggests high return against minimal initial investment.
A huge investment has been made and paid for at a much higher share price. The value of the assets is the question. So far it's just $8m from initial orders. Obviously the expectation is the product will go global and $8m turns into hundreds of millions. Until we see a continuation of the momentum created this year we don't know. It's all about next year and a big step up. They have to clear into profit including investment in further sales channels. $15m will be a stall, they have to do better than the currently production orders just rolling on to a 12 month cycle.
They are competing in the most challenging market of China, head to head with big names and we don't know who the OEM is. I am hoping that it's Focuscom or one of the other household names.
Globally markets will be much easier but Ethernity needs local integrators, network operators and sales channels to create volume. This is the bit I see missing currently. David talks of it, BK says they will deliver but actually nobody is listening...... Well almost nobody.

[purchaseatthetop] 31/5/2023 15:41

Not AIM companies that are not lifestyle companies and that have a whole range of new ground breaking products including one with a USA unicorn such as Tarana. Exceptions papillon. Charts cannot spot them.

[astra1vision] 31/5/2023 15:26

How did ‘the model’ work out for PURCHASEATTHETOP (always buys at the top) on BUSHVELD,ITX and AGL. Just like those he’ll move on in a few months to the next AIM stock. Paid ramper or rubbish investor? It’s priceless.

[purchaseatthetop] 31/5/2023 15:25

No papillon. As PMI took part in the placing they would have more information via due diligence.

[purchaseatthetop] 31/5/2023 15:23

That 504 shows why we are at 3p or less. Even those who should understand how the model works do not. How could outsiders ever make sense of it. DL, Prenier Milton, Shavit, senior managers know better. They are buying. So will I.

[astra1vision] 31/5/2023 15:23

Are they 2 of the worst investors on these boards or just paid rampers?

[papillon] 31/5/2023 15:23

."If they know that contract news is coming up then do you still call it a gamble? Actually it is no gamble at all"

So PMI have information not available to other, less privileged, shareholders, purchaseatthetop, via RNS? Isn't that contrary to London Stock Exchange rules & regulations? 🤣

[purchaseatthetop] 31/5/2023 15:21

Papillon.
Well as you’re always boasting about your posts tome on the main board, In thought I would say that you are rather pathetic. Copy and pasting your own posts here. Even the morons here can read.

[purchaseatthetop] 31/5/2023 14:45

Just depressed holders being depressed. Where is the cash delay on $5m of fully funded contracted revenues for H2 23? The posters just don’t seem to grasp that it is not an invoice and wait 90 days to get paid business. It is payments on milestones. For example, with FTTR 5,000 units Q3 the cash will most likely be instant.

[joinednow] 31/5/2023 14:32

refer to skid35 post on the lse board.

[joinednow] 31/5/2023 14:31

Yes cash collected when exactLY, 3 or 4 months later?

[purchaseatthetop] 31/5/2023 14:27

Joinednow.

Sale made. Debit debtors. Credit sales revenue
Cash collected. Debit cash. Credit debtors.
Therefore, sales becomes cash.

[joinednow] 31/5/2023 14:09

oh dear! Sales isnt cash.

[504] 31/5/2023 14:07

I think that sales would be much more preferable. Certainly I don't want to see anything that requires development beyond integration.
UEP is on version one and they will definitely be called to add and remove aspects in the future. It's important that version one gains some traction and sales.
There seems to be an idea that Ethernity has made lots of products and not sold any, that's just not the case but they do need to prove that they can convert interest to sales.

I took my daily buy as normal in auction.

[purchaseatthetop] 31/5/2023 13:56

We all agree there joinednow. Contract RNSs are what is needed. End of.