Ethernity Networks Share Discussion Threads

[collywobbler] 07/6/2022 07:29

hTTps://twitter.com/dishwireless/status/1533921357376782336?s=21&t=CiA1Iy9Av5wjcZ3c-uuZBg

[504] 06/6/2022 15:24

Either News at 0700 or not. News and it could move very quickly, nothing and it continues for a bit longer with the tide out climbing over the shopping trollies and old tyres.
The business is all contracted and secure, it's just the timing and the pace of acceleration.

[quantas01] 06/6/2022 14:42

Normally its always all 504. Not really into the nothing...

[504] 06/6/2022 13:01

It's all or nothing and quite predicably with the 2021 contracts to fill in 22 new news is thin on the ground. We have to be optimistic that will change as new product reaches market. It's all very small still and even a couple of million would be welcome. As the market opens we will see sales traction.

[astralvision] 06/6/2022 12:29

PaTTI also, unsurprisingly, preferred 59p.That's the stock market for you!Arguably ENET are in a much better place (apart from the sp!) now in terms of products, market developments etc.Just need a bit of newsflow to set things offimo

[purchaseatthetop] 06/6/2022 12:14

Astral….been a bit fed up with the storms we have had here recently. I was much happier at 59p…..remembers wistfully….

[astralvision] 06/6/2022 12:03

Lull before the storm.All quiet on the surface but intense work going on at ENET hq.Looking forwards immensely to the next few months and the second half of the year.

[504] 04/6/2022 17:21

Reality is that with this model of multiple streams the numbers will ramp very quickly.
22 just needs to be not a complete disaster. If UEP2025 gets out early Q4 the numbers for 22 could double. An exceeds expectations RNS will be enough to get it running. 20.30.40 will fall quickly in my opinion. The news window is looming in my estimation, maybe a week or two. I need £11k more at this price which is 2 weeks.

[purchaseatthetop] 04/6/2022 11:52

504. I am not particularly concerned about 22 figures as that is already priced into the current share price. All it will take is a swift take on of the UEP2025 and we have market penetration finally of a mass production unit. It could do tens of thousand of units really quickly as it is a simple plug in box with no programming.

[cyberbub] 04/6/2022 10:16

Yes I suppose there was $1M in amortisation of intangible assets (which we can assume is R&D), and also there was a $1M net trade receivable.The fact remains that the company needs to pull its finger out!Reaching the 80p mark seems a long way away today, to me. On an optimistic p/e of 20, that needs around $5-6M net profits. At 70% margin that's probably approaching $20M per year, not over 2 years!NAI etc

[skid35] 03/6/2022 22:31

Cyber, you need to build back in the non cash items. As an example, they are not capitalising new r&d but continue to amortise. At the same time you are looking at average costs in 22 rather than the exit run rate which increases cash.
With a circa six month working capital cycle this is where the cash is tied up rather than operating costs.

[504] 03/6/2022 22:28

UEP is the immediate winner largely because it's an immediate problem. However previous UEP we now know comes with a 12-18 month adaption time to production. UEP2025 will be ready to go with multiple points and configurations in virtual form. Simple for an OEM to brand or an integrator to deploy white box.
The concept is ASICs like, thousands of clone units waiting for code and functionality.
It will be interesting to see how they do it but they are available for pre-order now and I know that they have some already, available for testing in the coming weeks and shipping Q4.
This is a mass appeal product and sales will ramp quickly. How good the 22 figures are depends on how many they shift Q4.
UEP-60 and 20 we have to assume are into initial orders for the stated numbers.
I don't think that it will take much to start the share price up and I believe that momentum could build quickly.
In fact I am gambling on just that.

[purchaseatthetop] 03/6/2022 18:38

It was the message about already three customers for the UEP2025 that really excites me. After the utter confusion of the high spec UEP then low spec then high spec left me dizzy they then pulled the ace out of the pack. This share is not for those of a nervous disposition.

[astralvision] 03/6/2022 18:30

CyberThe brokers note indicates they are fine for cash without further raises.Having said that, imo, they will raise again, through the warrants or other means.I certainly wouldn't rule out the warrants coming in, by year end they will have 3 months life left, so they will certainly want to make good strides towards that warrant price by year end.

[2350220] 03/6/2022 18:05

Of course I understood that cyberbub.
I merely said that I didn't understand why folks fall choir this tat.
Now I'll have to go, because I've agreed to take £6m worth of gold for a new Nigerian friend I've recently made.
John

[cyberbub] 03/6/2022 17:59

The main issue I (and probably other investors) have with ENET is that since the warrant cash injection now seems unattainable in the next 6 months, will the company need more cash before then? They had $7M in cash last Xmas, but were losing $6M per year. So in simple terms, unless they scale back R&D, and assuming a 70% gross margin, they need to increase sales by $6M/0.7 = $8.5M in 2022 to break even for 2022. Knock off the $2M recently announced from 5G makes $6.5M needed. That would mean around $9M sales in 2022. Not impossible, if you believe their recent statements, but we know that they have been persistently late and wrong in sales forecasts - plus there are well known industry-wide supply problems. So unless the warrants enforcement price of 80p can be reached, or their strike price can be retrospectively reduced, IMO they will be running on fumes this side of Xmas...NAI

[cyberbub] 03/6/2022 17:41

No one has - did you not pick up the sarcasm??

[2350220] 03/6/2022 17:26

I just Filtered someone called
ZionMark on another thread spouting the same message!
Why would anyone take these notices seriously?
John 😊

[gerihatrick] 03/6/2022 13:17

Thanks astral. Sounds promising!

[purchaseatthetop] 03/6/2022 12:41

Collywobbler…..I also emailed my passwords to SAVE TIME so she can save me quicker.

[collywobbler] 03/6/2022 11:41

Wow thanks Jessica I emailed all my bank details to Claris and she can pick me some winners. Never go in blind peeps

[astralvision] 03/6/2022 11:11

No problems PaTTImv, there was definitely an air of confidence at the AGM. DL expects to beat the broker forecasts numbers.Let's see what happens.Those warrants won't exercise themselves, coming up to the half way point on those, that will focus their minds, imo.

[purchaseatthetop] 03/6/2022 10:41

Cheers astral. I checked the RNSs that say Q3 testing and was worried I had made a mistake. They updated as you say at the AGM and that was recent.