Ethernity Networks Share Discussion Threads

[astralvision] 06/6/2023 10:16

Excellent suggestion Mr Rank.

[astralvision] 06/6/2023 10:15

So what, completely irrelevant

[j arthur rank] 06/6/2023 10:07

A good way to increase the share price would be to fire MR.

[astralvision] 06/6/2023 09:41

You're welcome!

[astralvision] 06/6/2023 09:41

There would seem to be a concerted effort to keep the market informed.If only they could employ an office junior to write a clear concise RNS we might get somewhere.Reichenberg struggles to spell his own name.

[purchaseatthetop] 06/6/2023 09:38

You wait for an astralvision post and three arrive at the same time!

[astralvision] 06/6/2023 09:36

'The Company is engaged in further testing and discussions with other major OEMs for its PON fibre controller devices and PON systems over and above the current signed contracts. 'Get 'em signed up and get the news out.

[astralvision] 06/6/2023 09:34

Right, so it is actually good news, the boys are still on target and the update hadn't been done on Xmas eve.Get some of these further contracts out and we might actually start to head north.

[purchaseatthetop] 06/6/2023 09:27

Glad to help astral. HAving had palpitations this morning, and only 504 got the message they were putting across correctly so respect there to her, this is now really positive. The core forecast revenue is very strong and largely committed, there are many new discussions and testing ongoing, G2 is round the corner, technology proven and being deployed, non working capital required deals being targeted, components no longer ball twisting us, compsny delivering exactly what they told us they would, revenue growing by 300% with 60% gross margin. Talk about amazing for £5m marketcap!

[1liam] 06/6/2023 09:24

Another disappointing RNS.... oh humm

[tburns] 06/6/2023 09:22

504, the issue all lies with the company and the lack of clarity. Within a minute of the release all sorts of questions were raised by investors that could have been put to bed if it had been written properly. I don't disagree that the picture is looking more +ve, it is just that the company do not help themselves.

[purchaseatthetop] 06/6/2023 09:18

H2 will be EBITDA positive. Now if they can forecast that in the finals we will really motor.

[purchaseatthetop] 06/6/2023 09:17

Agreed Dplewis. But that is what I love about ENET. They simply don’t play the AIM game.

[504] 06/6/2023 09:16

So recently we heard about the technology risk being overcome and now we have the component risk overcome. The contracts are de-risking and revenue will be what $400k+ a month H2 just from these contracts.
Add Tarana G1+G2 UEP in delivery and legacy income H2 looks solid.

[purchaseatthetop] 06/6/2023 09:14

This is a clear cue up for the final results I think. Why else release it? They will reference it and build on it. It is all about delivering a series of targets set and targets hit. This has been going on for months now while the share price continues to fall
Now I think I see what they are doing. Actually they are credible. It is just we are not willing to really believe them quite yet

[dplewis1] 06/6/2023 09:13

Would be fair to say that if the company is quickly replying to emails to clarify the news then maybe the RNS didn't do its job.. surely Peterhouse could have earned their fee and given it a bit more oomph..?!

[purchaseatthetop] 06/6/2023 09:10

Chester. No.
It is $4.1m FTTR PON, $1.5m Tarana G1, $340k G2, $500k legacy. Total $6.5m. $2.5m new needed. Probably $750k G2.
$800k of FTTRto be confirmed.

[504] 06/6/2023 09:09

I don't understand the confusion. Two places it says that they are meeting this years contracts. The share is polluted by negativity and failure. I don't know why people can't visualise the goal but they only visualise failure.

[purchaseatthetop] 06/6/2023 09:08

Ace. No worries. This simply illustrates that we are conditioned to expect bad news and our heuristics mean we read RNSs expecting and creating bad news. That is why Ethernity should get Chester to sense check everything. 2.7p is fing ridiculous given this news!

[chester9] 06/6/2023 09:05

Mind the GapIf we have 3.3 from FTTR, 0.5 from Tarana, 1.0 from legacy operations. The order/orders they are hoping for must be over 4 million. News soon?