Ethernity Networks Share Discussion Threads

[504] 24/5/2022 12:11

There must be a point to the event. It must be current for the market. There must be a point to Ethernity attending.
The more industry noise the more weight to events being near term. The tipping point really determines how disappointing this year's revenue is. I am hoping that UEP is ready on time July and shipping is Q4. Shipping has to result from sales and revenue has to linked to shipping.
New UEP contracts will I suspect be realised early 2023 for accounting. So this year the disclosed UEP contracts need to work through initial volumes and into further orders.
The share price could double on news. Moving rapidly from absolutely ridiculous to just ridiculous.

[astralvision] 24/5/2022 11:25

My rule is never go north of Taunton.Strictly Devon pasties and Devon cream tea guy.You can tell we're short of news!Lull before the tsunami of second half news culminating in exercise of 60p warrants.We're under starters orders, just waiting for the off!

[504] 24/5/2022 09:50

Too far North for me. I have a rule about never going North of Venice. I am strictly a sun and beach girl.

[purchaseatthetop] 24/5/2022 08:48

Nuremberg is lovely. I prefer Stuttgart and Munich but Bavaria is incredible. They will have a nice time. Curry wurst and chips!

[504] 24/5/2022 08:14

Ethernity will be at Embedded World, June 21–23 in Nuremberg.

Sounds like fun.

[2paperman] 23/5/2022 08:36

Imaginary clients, wonder how the imaginary hotel bookings are going? , it raining here in Medway also.

[dplewis1] 23/5/2022 07:53

You expected contracts from a company whose main role is to sign contracts? Well done.. your imaginary clients must be very happy. Anyone invested here 'expects' contracts at some point, it's just they're not arrogant or stupid enough to keep spouting incorrectly about specific timings on here. Have a fun day staring at the ticker tape, looks like rain on sheppey today.

[504] 23/5/2022 07:33

Really dplewis, I think that you will find that I said that I expected multiple contracts last year, indeed we had several. This year I expect multiple sales and contracts in H2.
Tell me dplewis what do you expect. Just so I can call you a fantasist when it doesn't happen.

[dplewis1] 23/5/2022 07:24

No, you said you were expecting news on multiple fronts as well as a UEP contract. Hard to keep track I suppose with so many posts over such a short period. Must be some sort of bulletin board tourettes you're suffering from

[504] 23/5/2022 07:19

dplewis. I believe I said that I wasn't expecting any new contracts until mid year. I believe that I have said that on numerous occasions.

[504] 23/5/2022 07:18

"Completed fabrication of the hardware for the Contracted UEP Module system at the end of February 2022, with a plan to release for testing during Q3/22"

This from the Results for the Year Ended 31 December 2021 released on 8th April. Notice the word "Contracted". This is UEP2025. Due for release for testing July and shipping Q4.
Did I miss the contracts announced for UEP2025. They described UEP in the same way in February. As far as I am aware there are two UEP contracts and both have adapted UEP. Certainly we know that the Indian cell site router was back with Ethernity for testing following covid delays many months ago. Both realise sales this year so cannot be using 2025.
I guess in due course we'll find out

[dplewis1] 23/5/2022 07:07

You've been 'expecting' a UEP contract since last December, so your advice to ignore you is the best suggestion you've ever given.

[504] 22/5/2022 21:14

I am expecting a UEP contract soon. It will be a product based on a custom UEP similar to that used for the indoor 5g. I don't know if it's an extension to an existing contract or new business to be built on existing production capacity. I believe that they are working to secure sufficient FPGA and components now.
I am also informed that Fujitsu or more accurately an OEM subsidiary of Fujitsu are using aceNIC-100 in their 5g private open network. They are using the bonded technology and virtual router stack. They are gaining some traction and sales will follow.

Obviously this is just the opinion of a fantasist so just ignore me.

[purchaseatthetop] 22/5/2022 19:19

50%= of OEMs with ENET IP in them. It is mouthwatering.

[astralvision] 22/5/2022 19:09

Yes, think DL is rather bored with the investor focus on Tarana.But as it's just about the only thing we can follow, he shouldn't be too surprised at that.It's pretty clear there's lot of other things that excite him more than a few cheap chip sets to Tarana.

[504] 22/5/2022 19:00

I believe that Ethernity don't want us or the market judging them by a sideline. However when it's all that we have it's difficult not to focus on it as a known.
Of course there are many contracts not disclosed. OEMs with product using Ethernity complete solutions and others already signed up. Those sign ups obviously weren't considered RNS necessary.
Soon there will be production orders then the lid will be off. Until then I add

[astralvision] 22/5/2022 18:55

Yes, fun to debate it, I agree.The latest update was last week at the AGM, DL was quite clear, Tarana now ordering for 2023 due to component squeeze. So that's it for 2022, $1.235m. Of course, perhaps the component issue may ease, but it sounds like Tarana are happy with where they are and one must assume they are getting sufficient for their needs.If Tarana really are ramping up then I expect more orders for 2023 this year.

[purchaseatthetop] 22/5/2022 18:50

astral..the 27/5/21 RNS said:
"The remaining $1.26m in orders are for 2022, based on Tarana's current 2022 sales commitments, and this amount could increase as demand for Tarana's G1 fixed wireless product continues to grow. Additional orders are expected for 2023."
I would have expected the demand to have grown since May 21 above current sales commitments then. But we shall find out. Best to file and forget. The future is UEP2025 and that is only weeks away.

But it is fun to debate it

[astralvision] 22/5/2022 18:33

PaTTRe no revenue figures, ENET have given them out in 3 RNS releases to date.Not sure what else you expect them to do, unless you are saying they are receiving orders from Tarana and deliberately not releasing the news. That's extremely unlikely , the latest Tarana update snd order was only last month.I would say, from the AGM questioning, DL is rather disinterested in the Tarana line of questioning, because that's not their main focus. It's a nice sideline. It ain't $5m , $10m a year, currently it's $1.235m for this year and $800k for next year. It all helps, a bit.

[astralvision] 22/5/2022 18:28

504Agree with your take, Tarana's been bulled up by ENET and by us, as investors. It's a nice sideline that we can follow. But company making it ain't.

[purchaseatthetop] 22/5/2022 16:40

504. I think that Ethernity have just been told by Tarana to be quiet about anything to do with Tarana. No revenue figures or numbers. Tarana are managing their own coms without pesky people doing their own analysis based on ENET data.

[purchaseatthetop] 22/5/2022 16:21

It was on its way to Abbotts Bromley. We are in Gerrards Cross and saw it.

[2350220] 22/5/2022 13:48

Completely off topic,
Did anyone else see the amazing Lancaster fly overhead (down South)?
I heard it before I saw it go right over our house.
John

[504] 22/5/2022 11:59

I believe that the Ethernity part in the G1 was overplayed initially by Ethernity. Steven Glapa told me "Ethernity provided a nice FPGA-based Ethernet switch that enabled some customization of our packet processing that would have been more difficult with an ASIC-based product from Broadcom or whomever, but rest assured, 99% of the real rocket science in G1 was hand-built by the Tarana team over the past 12 years of incredibly hard work, several genuine industry-first inventions, and nearly $300M in investment"
Ethernity said "Ethernity has provided Tarana its unique silicon-tuned software, which, thanks to the efficiency of the ENET Flow Processor design, fits into low-cost FPGAs. Working in concert with Tarana's radio technology in its tower-installed base nodes, the ENET Flow Processor provides advanced networking functions, traffic control, and management for up to 512 homes per ENET SoC"

I think that there's quite a lot of difference between a custom patent protected one off only from Ethernity SoC and how Steven Glapa described it. Certainly when I spoke with people in technology sales I was told $1000 a unit would be cheap. So maybe it's not so custom and they didn't do so much laws of science bending and it's just a standard FPGA SoC.
Numbers don't add up and this is likely to be a 500 component device so at $150 what's the margin. It's likely that Ethernity hold the supply of components into third party production. Whether they do or not isn't really important it's whether or not those components are available and what they cost. Margins will be squeezed.