Ethernity Networks Share Discussion Threads

[dplewis1] 05/11/2018 13:03

Event next week with Ethernity. Good opportunity to speak to the management team:https://www.proactiveinvestors.co.uk/register/event_details/176

[pjj71] 24/10/2018 09:25

looks like a slow road north for this one.. should be over a 100p

[alcopop] 24/10/2018 09:05

Very significant update. Validates the product offering for me

[dplewis1] 24/10/2018 07:26

Well it was a long wait, but they've finally signed with a tier 1 OEM. This now looks horribly undervalued at 20p..

[dplewis1] 21/9/2018 09:32

https://www.thefastmode.com/technology-solutions/13384-ethernity-networks-advantech-to-offer-joint-high-performance-vbras-platform

[alcopop] 21/9/2018 06:39

Thanks euclid5

[euclid5] 20/9/2018 21:05

Leading on from the annual results for 2017 published in June of this year, to date we have:

· Completed development of the Company's new 100Gb ACENIC100 hardware, that will host the field proven packet processing deployed in half a million platforms to date, planned for release to customers by Q4/18.

· Continued progressing our ACENIC project wins for virtual broadband gateway, virtual router and virtual security gateways, which are in mature integration stages at customers platforms that should result in initial orders of our SmartNIC solution during 2019 and mass production during 2020.

[alcopop] 20/9/2018 11:17

When/where was the Q4 news mentioned - do you have a link ?

[deltalo] 14/9/2018 14:44

It's getting closer to the Q4 news that was promised and investor's including myself are starting to buy in at a ridiculous low price. Gla

[dplewis1] 20/6/2018 16:08

I've bought some today sub 30p. Product looks good just needs another 6-9 months and we're golden..

[cascudi] 20/6/2018 16:01

I was listening Warren Buffet one day. He said that he likes good shares when they go down so can buy more. Buy and hold?

[cascudi] 20/6/2018 15:56

Another luceco?

[cascudi] 20/6/2018 15:52

The product is good. Just need time.

[dplewis1] 19/6/2018 08:26

Taking a pasting..buying opportunity at some point. Who wants to catch that falling knife..?!

[pjj71] 19/6/2018 07:46

worth a punt, i think his last 6 words may come to fruition.. given those contracts could start to be announced in the next few months...
CEO "I remain extremely confident that Ethernity is the best placed solutions provider to meet the operator demands and that our long term goals will be met and exceeded, delivering our shareholders with exceptional returns."

[dplewis1] 19/6/2018 07:26

Yes that's a proper 'kitchen sink' job as far as I can tell. Only saving grace is they have 15 million in cash. They do still believe they have a product that the market wants, but it's clearly taking longer to implement than they had hoped. Will be interesting to see price action today as this has been punished a lot already..

[cascudi] 19/6/2018 07:19

no amazing result has predicted but at least 18m equitity versus 14m mcap seems undervalued

[euclid5] 19/6/2018 07:16

YE dec 31 2017 accounts do not read to well:

A significant historic customer experienced contractual difficulty with their customer, resulting in a material decline in business with them during 2017 as compared to 2016 resulting in Revenues and gross margins of $268,000 and $142,000 respectively

· A significant historic customer changed their business relationship with the Company from component based business to royalty based business resulting in a gross revenue and gross margin decline of $630,000 and $334,000 respectively. While this impacted top line revenues materially, the gross margin percentage achieved via royalties is significantly higher.

· A contract with an existing 5G wireless Access OEM Customer that uses the Company's ENET network processing and security technology for its 5G base station, planned to embed the ENET technology into an ASIC for a wireless end point CPE device.

The ASIC licensing contract was supposed to be signed by end of Q4 for an amount of $750k plus Royalties, with majority of the amount being recognised for 2017. The customer finally decided to revert to a previous proposal from Ethernity to utilise a low cost FPGA for this end point wireless CPE , the result of which will be higher revenues and profits for the Company in the long term

· A contract signed for $225,000 in December 2017 budgeted for and recognised in preliminary revenues was subsequently reversed from income for 2017 as the customer unexpectedly did not transfer payment post signature in terms of the contract payment terms by the end of Q1/18, which payment was a condition for revenue recognition. The customer has informed the Company that they intend to re-engage the Company and the contract again during the second half of 2018.

· Two additional contracts anticipated for 2017 were delayed to 2018 resulting in a loss of planned revenues of $250,000. Current discussions on these contracts are ongoing and the intention is that the scope of the contracts will be larger than originally thought.



The financial performance for 2017 did not meet expectations in relation to achieved revenue and operating profit for the whole year and therefore was disappointing.

[fastbuck] 07/6/2018 09:10

Thanks for making time to reply dplewis1, it's good to hear. I read and listened to as many interviews as I could to understand the tech but the real proof of product /company success is the financials or contracts won in RNS ... here is hoping we get some further updates soon

[dplewis1] 06/6/2018 18:43

I remain invested and potentially might buy more if it goes into the 40's. It's def not a dead duck, management are experienced and highly skilled - the company have a great product but the conversion of leads into sales is slow as the offering is quite complex and takes time to implement. There were some signs of life yesterday when they updated their blog:http://www.ethernitynet.com/uncategorized/ethernitys-role-as-industry-leader-strengthened-by-mef-participation/

[fastbuck] 06/6/2018 18:18

What's up with this share apart from the lack of newsflow, anyone with any insights whether this company is a bargain or a red flag?

[orm5] 16/4/2018 08:58

Must be due the full year results soon...

[dplewis1] 10/4/2018 08:49

Hard to tell. New sales guy only started in early Feb and it's probably too early to have converted any leads from the Barcelona conference into sales yet. I've not been too impressed with their investor relations efforts since they listed, so hoping for improvements in a number of areas..

[orm5] 09/4/2018 13:54

So when can we expect some news or an update on how the company is performing? All seems very quiet...

[webpax] 22/3/2018 13:58

New broker note out from Arden Partners today - target price 207p