Ethernity Networks Share Discussion Threads

[andyview] 26/4/2021 09:18

my goodness its difficult to get hold of some...

[purchaseatthetop] 26/4/2021 09:15

Well....I bought at 50.9p and 54.9p this morning and the market seems to be stopping for no-one.

donaferentes...this share is one RNS from going straight through 100p+. All IMO and do not believe a word I write.

[donaferentes] 26/4/2021 09:03

Wont be so long at this pace!

[escapetohome] 26/4/2021 09:00

If ENET were coming to market as an IPO today what price?

I think £1.50 - £2.00

Hence im not selling, no where near this price.

Im thinking long term hold.

[purchaseatthetop] 26/4/2021 08:32

OK....ENET is now officially going ballistic! Just got some more. Nice. Have fun all....

[boonkoh] 26/4/2021 08:24

Plenty at 51.98p on IG

[purchaseatthetop] 26/4/2021 08:19

cannot buy a single share!

[donaferentes] 26/4/2021 07:46

Curious price 256,666/880,000 = 29p. When were those 5 days?I agree about dilution. in my experience PIs get way over excited about dilution, usually forgetting that extra shares bring extra money with them, apart from meaning someone with a lot of money thinks it's worth investing in the next stage of a company's development.

[purchaseatthetop] 26/4/2021 07:35

Interesting RNS. The way I read it is that 5G are increasing their investment in ENET as the 880,000 initial shares issued on signing of the 25/9/20 agreement RNS could be applied to the total agreed of £1.7m investment however 5G could elect to exclude these 880,000.
They have chosen to exclude them and pay the money required to ENET.
Therefore, an extra 880,000 shares will be added to share capital and more liquidity for the company.
This still leaves 5G able to complete the £1.7m share subscription service agreement.

This indicates to me that ENET are going to announced a major investment (maybe $1.5m) in production facilities and that they are pulling all the money required together. Do not worry about dilution. This is investment and will benefit PI's hugely IMO

[donaferentes] 26/4/2021 07:29

RNS G5 Fund opts to pay £256,666 in lieu of applying the initial 880,000 shares. Have to admit I can't yet get my head round what this means, but they have already paid the money to the Company and I suspect it is advantageous to the Fund to have done so. Hopefully the advantage to shateholdets is the further expression of confidence in the accompany by those closer than we are tondetsiled knowledge and understanding.

[astralvision] 25/4/2021 18:25

Good stuff dplewis Bottom line is money from exercising the warrants should be with ENET at some point in the next few months. Subject to all the usual provisos! Accelerator clause now in ENET's hands, up to them when they use it and, ofcourse, up to folk if they want 'free' money.Looking forwards to this week!

[dplewis1] 25/4/2021 16:42

I posted this on L S E so posting here as well. I emailed the company to clear up any confusion about the warrants and the acceleration clause, had this confirmed back -Once the share has closed above 40p for 5 consecutive days, the company may (underlined) serve notice of the exercise of warrants. The company is not obliged to at that time but must do so at any time prior to the expiration date. Warrant holders can exercise at any time they choose (as I did with mine when the share price was around 35p) as that is their right. This applies to all warrant holders - obviously directors and staff that are PDMR's are subject to any other rules governing their trade under the Articles/UK governance and MAR, such as closed periods etc.Very clear that the warrants are subject to the same rules as any other transaction. So they are not obliged to accelerate the warrants, it's down to the company to decide when they do it and they have up to 12 months following admission (i.e July).

[gerihatrick] 25/4/2021 16:37

If it hits the targets of 30 day and 60 day trends then Trend watch will pick it up using his model of selection. SCSW has been very selective and also with ongoing updates on quite a collection. GAN, now on Nasdaq; SOG, now taken over; and most recently PCIP and CLX. I have missed others! It is always worth reading. As is TI and TW. I think most find it is too early in its development.GCI is another who might light on it as well. I subscribe to all,of them. In the meantime just read Tracylied and Dallo on the LSE Board. They are on the case!

[dplewis1] 25/4/2021 14:31

Yes they picked up on CLX which has doubled since their tip. I'm certain they will be aware of Ethernity but there still isn't much meat on the bones in terms of revenues, so maybe after the results they'll have a bit more substance for an article

[escapetohome] 25/4/2021 14:20

Astralvision , me too, i also was a subscriber to Techinvest and i didnt do so well, but i did appreciate their expert view on stocks and the Tech sector all the same.

Perhaps its good theyre not in on it yet, so when they do eventually get in, we will be able to think even at that advanced stage, much much more to come.

Scsw may not yet have picked up on Ethernity, but i have had all sorts of free mails from their stable highlighting 5G and 5G stock that could make you a fortune.

[dplewis1] 25/4/2021 13:41

I've emailed SCSW to try to get them to do a '5g special' to include the likes of ENET but nothing back (I do subscribe to them). It's a bit like 'discovering' a band that end up becoming a big hit.. you have to accept that other people are going to like them. Just need to remember who the original fans were!

[astralvision] 25/4/2021 11:14

escapetohome I used to take Techinvest for years and did quite well with them, but they went very boring. The pharma/bios went and it was all about p/e's and even electronic component distributors were classed as 'tech', yawn!They seemed to have stopped picking up on exciting new tech, stocks like ENET, AGL, SBTX, ITX and many more. Maybe they've changed in the last few years?On a more general point I'm surprised they've not been picked up by one of the tip sheets. Beyond Techinvest there's SCSW, Frontier Investor and others that this share would be tailor made for.Irrespective, it looks like word is getting out on ENET and we won't have it all to ourselves, a shame in some ways.

[astralvision] 25/4/2021 11:07

Think since the cash flow forecast was made there have been other major developments.Eg, the DU development with three Tier 1 server vendors. Also Tarana, where the scale of the opportunity has increased and the timing bought forwards. These developments may take cash initially but they will also significantly increase the size of the opportunity.I note dallo on the other board suggest this could be a once in a lifetime opportunity. He doesn't seem prone to hyperbole. Although I have seen a lot of 'one in a lifetime opps' over the years, this could be the genuine article. Going to be fun finding out!GLA

[escapetohome] 25/4/2021 10:35

I wonder if its even on techinvest’s radar yet? When they get hold of it, expect another + 50%.

[dplewis1] 25/4/2021 09:05

Yes H2 this year is also when they said they would go cash flow positive, will be interesting to see if they update that in the upcoming results. I think looking at the prospects it won't be the end of the world if they push that date back by 6 months though .. these things are not an exact science when 5g deployment is a moving target

[purchaseatthetop] 25/4/2021 08:32

Reviewing the RNS's of the last three years all the indications point to H2 2021 being takeoff point for revenues growing geometrically every half year. All the evidence points to Tarana simply being the first rock in an landslide of new contract RNS's. The fact that ENET have so many probable (not possible) new partners greatly raises our upside as so many of these early entrant companies are completely reliant on one single source of future growth.

All we have to do is wait. The leadership over in Israel seems to have a great strategy, good staff, clear delivery vision, close customer relationships, IP protection, plus liquidity with the share agreement and warrants not activated.

Whats not to like? Market cap £23m....even better!

[astralvision] 24/4/2021 17:33

Sounds reasonable to me PaTT.

[purchaseatthetop] 24/4/2021 17:26

astral....that is why I am pretty sure 5G relates to Tarana. Back in September 2020 the contract with Tarana (as in the start of the huge one RNS'd on 6/4/21) would have been in the process of being agreed. The ability of ENET to deliver the units (and probably many times the first order given our growing knowledge of their global rollout plans) would have to be insured by Tarana.

Therefore, I bet that discussions were held to provide the working capital to ENET to prepare for the growth. Tarana funders would have been fully aware and quite happy to put a few million on the block.

This is the concept of being the "focal firm" of your customer where their service delivery is built completely on your own IP. The best and closest of all strategic relationships as you are tied together completely.

It is completely logical that 5G are aligned with Tarana.

[astralvision] 24/4/2021 16:26

No problems PaTT .It is very clear that 5G are a strong supporter of ENET and the deal has been a good one, for all concerned. This does not appear to be your usual financing deal, as 5G seems to be set up with the sole intention of financing ENET.Re donnaferentes point, yes, correct. 5G hardly seem aggressive in terms of getting g their hands on shares. As you rightly point out, as the shares rise, the less shares they get issued.Further news, which I expect, and imo the shares will push towards £1. The quantity of shares issued to 5G will decrease accordingly. In addition I believe the liquidity here will increase substantially such that we trade a million shares or more every day. At that point if anyone wants to get off the bus, including 5G, they can. But as the bus will be heading up to £5 or £10, best to stay on, imoGLA

[purchaseatthetop] 24/4/2021 16:13

Looks like I got it wrong! Thanks.

On the 25/9/20 RNS it says: "Concurrently with the initial investment, the Company will issue 880,000 new Shares to 5G Fund at nominal value, which Shares 5G Fund may apply towards the number of Shares that the Company is required to issue under the Agreement"

Those were part of the first 1.335m.

Anyway....we will find out and the deal was very good for ENET anyway (and hence for us).

Cheers...good info to correct my misunderstanding.
PATT