Ethernity Networks Share Discussion Threads

[504] 13/6/2022 12:24

I do myself no favours. I am not here to do myself any favours.
When you look back through history you find examples of businesses entering new markets and a volume explosion they call exponential growth.
Often built around one product that becomes the defacto solution. I believe that Ethernity has two defacto solutions and they start from zero. Certainly the growth will last 10 years. I don't care if the do 100m in 3 years time or not I will be a small holder by then.
I have a substantial holding for the turnaround and now they sit on the edge.
If you cannot see it fine I am selling nothing just saying how it will be.
Interesting that this is how I always saw it just had to wait 3 years longer than I hoped.
This news will carry the share price back to mid 20's this week. I am in no real hurry. The market will get 350k shares from me in the 70's. December or January I don't care.

[astralvision] 13/6/2022 12:16

I agree small revenues can ramp up quickly 504, but your 'certainty' re year on year growth of 300-400% for five years does you no favours. It's just not credible or do-able as the figures show.That's not a question of thinking small, but more a question of not being stupid with the figures, no offence meant.

[504] 13/6/2022 12:07

The market is stupid. Look at some of the posts here for evidence. Ethernity transitions from a zero market to a $bn market. Not today, there is no switch. This will very easily go from $1m to $6m to $20 to $60m. Only a fool looks back to the no market time for guidance.
The market dynamics are huge because of the multiple income streams and multiple markets in emerging deployments. These products are not just for open network deployments. OEMs are involved in every deployment and this solves problems across the spectrum and will be built into even vendor locked systems. Globally there will be billions of aerials and they all need networking.
Think small if you like, typically...

[astralvision] 13/6/2022 12:04

Cheers dpl, good to know I'm not imprinting my own views on the AGM.

[the lockkeeper] 13/6/2022 11:59

What fantastic news,just look at that rocketing SP! Not...

[purchaseatthetop] 13/6/2022 11:57

Agreed Dplewis. This news would not shift the share price. But it tells us that all is on track and when they finally release numbers we will break free of this level. The important thing is that not only is UEP2025 on track or early but also the UEP60 OEM module is tested and cleared. Do a great day for future gains.

[dplewis1] 13/6/2022 11:48

Yes absolutely it is welcomed, UEP2025 completion and sales might finally get us out of this terrible share price level. This RNS alone I said would not move the needle though, in fact it was NT to sell when I checked HL earlier. And yes your comments from the AGM are spot on, I got the same impression as you even through the bad audio

[astralvision] 13/6/2022 11:38

dplWave of buyers or not, today is undoubtedly good news and a necessary precursor to further good news.I welcome it.

[dplewis1] 13/6/2022 11:34

300-400% yoy for 5 years.. lol. About as accurate as the price predictions and the waves of buyers following today's RNS.

[astralvision] 13/6/2022 11:28

PaulBozRe investing in Israeli companies, we all have our own investing criteria and no problem with that.Israeli companies have been a very mixed bag, there's been some absolute corkers, BATM 100 bagged for me, but others have failed or worse, been frauds. Bit like AIM really!

[paulboz] 13/6/2022 11:24

People who claim they can predict the future with certainty should be avoided like the plague IMO. It's reasonable to say the company has huge potential but beyond that the alarm bells should be ringing.BTW a shrewd acquaintance told me he never invests in Israeli companies as they are often, how can I put this diplomatically, too opaque...

[astralvision] 13/6/2022 11:06

' I can say with some certainly that 3-400% year on year is expected for the next 5 years.'504, so whose expectation is is, yours, DL, the office junior? I don't think it's realistic.At 300% year on year:Year 1 $6mYear 2 $24mYear 3 $96mYear 4 $384mYear 5 $1.536bnAt 400% year on year:Year 1 $6mYear 2 $30mYear 3 $150mYear 4 $750mYear 5 $3.75bn

[504] 13/6/2022 10:55

But in reality it's a journey and getting to $6m by 31 December is not relevant or significant to 2023. I can say with some certainly that 3-400% year on year is expected for the next 5 years.

[astralvision] 13/6/2022 10:54

DL's body language and demeanor were interesting at the agm. He was happy to talk , happy to answer questions(although MR tried his best to shut him up at times!) and seemed very confident and almost a 'what's all the fuss about' air about him.Supremely confident or out of touch? Given todays news is definitely the former.

dpl was also at the agm and if he thinks any of my reporting/musing is off beam or spot on,then that's another reference point.

[astralvision] 13/6/2022 10:40

Imo, there will be no 'profit warning' or, more accurately, sales warning this year. There could well be a sales upgrade. The forecasts are v.modest and designed to be beaten.From the agm a few weeks ago:'DL is looking or hoping to exceed the numbers indicated in the broker forecast, which basically only includes signed contracts, no allowance for further deals/contracts.DL is confident, demonstrated that with recent market purchase of shares.'

[504] 13/6/2022 10:40

Indoor use largely for the wireless backhaul element however this product is for many applications. Wireless bonded backhaul we'll see in 5g everywhere. Joining lamppost transmitters in a fabric network.

[504] 13/6/2022 10:37

The beautiful thing is using one contract R&D for the product. Couldn't have worked better.
I believe that the market will be caught out by the speed of ramp up on mass production. The 12-18 months development is no longer required. This is a box ready product. Sales will be in 10's and 20's not thousands to start. Once OEMs pick up sales they will be demanding supply.

[purchaseatthetop] 13/6/2022 10:33

This RNS gets better with more reading. The fact that the $930k UEP have cleared testing gives great confidence for UEP2025 which is essentially the same product but further developed for being a plug in and use for anybody.

We can sneer at the 5G deal but on balance we also have to applaud the genius of using the UEP $930k contract to develop UEP2025 on the fly.

Both products are designed for indoor use which is where the market is now and where ENET IP has USPS.

This RNS sets us up for early July when the first numbers should arrive. Just my view.

[jimboau] 13/6/2022 10:05

chilltime, see #7229.

[chilltime] 13/6/2022 09:52

$6m is no good 504 they need another $14m for 22/23 to avoid a profit warning RNS.

H1 near done.

[504] 13/6/2022 09:42

What we have is a plan to delivery of the first mass market product confirmed today.
I believe that they have significant interest and commitment from OEMs and they will be manufacturing into the resulting sales.
As I have been saying this year really depends upon when they are paid for the first sales. How many months of actual sales volume they have. We also have the commencement of the China production and shipping this year.
The Indian UEP product manufacturing needs an update but we should see some sales this year from that contract.
$6m looks a soft target and it could be exceeded in the right circumstances. 23 has much promise, so far confirmed today, they are ahead of schedule. The rest will follow