Ethernity Networks Share Discussion Threads

[dplewis1] 07/7/2022 09:56

5g won't be sellers until 30p, that is complete nonsense. They've sold well below that level before and will do again.. any volume they sell, simple. If anyone else needs to sell they have to go NT as there's no bid for these shares.

[504] 07/7/2022 09:53

Headcount type is changing from a pure R&D requirement to contract management, component acquisition and quality control. Functions like contract management are maybe more general and easier to fill. R&D, senior FPGA engineering are much more restricted.

[1liam] 07/7/2022 09:51

EUA up 30% hahahahaha

[504] 07/7/2022 09:49

Ethernity has a policy to promote and develop internally. I am sure that they are always looking for talented people, they would be crazy not to.
The roles are very general and are lures rather than specific requirements.
They have a lot of talent onboard and really this is a very small world for Ethernity. Each role has just a few hundred globally suitable and a handful in Israel. They already know the players.
The ads are about generating an interest

[chester9] 07/7/2022 09:43

Are we saying the maintenance of linked in recruitment is that poorly managed. If I applied and then was advised all vacancies do not exist then that reflects very poorly on the operational standards of Ethernity. They would fail my first hurdle, this is basic step if failed what is the rest like. I will drop them an email and see what and why.

[504] 07/7/2022 09:35

Chester yes they are staffed to complete the development and delivery of the 3 products 2 of which were confirmed a couple of weeks ago.
There is no requirement to continually add to staff. The OEMs are the ones that take the product on to market with their existing clients. Ethernity has the OEMs engaged already in very captive markets with unique product that is now through testing and in production. Production is a remote process not requiring Ethernity staff. The production units are third-party . The work is contracted out. Ethernity do not make hardware.
The cost projections will be quite flat and the income will spiral steeply from multiple OEMs. Ethernity make their money from the code from the catalogue of products. These are ready to go with just minor work for each cascade.
Visibility over income is easy to see, the volume and ramp up is unknown but compared to the last 3 years scratching around a dead market the potential is much larger and the customer base much broader. The market is now energetic to purchase products to save on deployment. That's Ethernity focus.

[chester9] 07/7/2022 09:27

PositionsMarch 2022 41 employees April 46 emp 15 vacanciesMay sameJune sameJuly sameAfter an initial burst of 5 recruited positions, no progress. Other than junior FPGA applications their positions have had max 2. Applications. Accepted that if I wanted to work for Ethernity I would contact them directly but then employees would be higher. If operating costs rise in line with heads then we are looking at 9.3 M this year. At this rate of increase we need circa 22m turnover to break into profit. That's 2025 on current trend so Augusts update needs to show a significant upside to the known 4.3m. That way the 3 year wait threat will be shortened. The overall industries pace is quickening. if we fail in 22 in 3 years we could be extinct. Hence share price is so bad. Are we just too small to be relied on? We will all know in August. Thursday 19th 21. 5 weeks to go? Likely on the 18th. We'll see figure way ahead of tge

[kcowe] 07/7/2022 09:25

Exactly ... one wonders who 504 is working for 5g?

[skid35] 07/7/2022 09:23

Simple maths. If they are a longer term holder it is in their interests to take the share price down for a very short 3 day window which the agreement allows -the very small short term loss completely and utterly dwarfed by the additional shares coming their way. Unfortunately it may also be in their interests to ensure warrants are not issued if they believe enet then has to go back to them for more funding - hopefully if business progresses they will 100% need warrant cash.

[jimboau] 07/7/2022 09:19

Will have to agree to disagree 504. 5G IF arrangement will see them owning the company in the not too distant. You don’t need me to tell you your predictions here have essentially all been proved wrong and the news ‘can’ is being kicked further down the road on an almost daily basis.

[504] 07/7/2022 09:11

There is no death spiral financing. 5g won't be sellers until 30p+. Absolute nonsense.
I could add 5p or take 5p off the share price with just a couple of trades. It's how it is with a desperate economy on the verge of collapse. Spiralling inflation, ineffective leadership and soft people.

[jimboau] 07/7/2022 09:03

Selling sweet fa just like STX and 5G IF ‘death spiral’ financing? Even relatively small offloads will smash the share price with just a handful of ‘beer’ money buyers?

[504] 07/7/2022 09:01

5g selling I see no reason to think that. They are a strategic investor and it's obvious that Ethernity are on the cusp of huge income. They have 5% in the game, why would they risk that for $2m. Ultimately they want all their shares to do well. Selling now with sales weeks away would be stupid.
This is all about news and disclosure to the market of demand for their product. Production of 3 products is underway right now. Two into guaranteed contracts, one into a hungry market with OEMs engaged. Yes Q4 sales could be small, even a couple of million USD but it will prove concept and with 4 quarters of sales next year makes the underlying maths easy and predictable.
More trouble in the UK which isn't helping, this will be a recession generations will grow up in for the UK. Yes that hurts Ethernity but in recession people seek opportunity.
Me. I will stop buying in the hope it squeezes down lower.

[kcowe] 07/7/2022 08:54

5g selling .. why would they not .....

[jimboau] 07/7/2022 08:43

Another disastrous investment patt? Sub 10p on the cards here and ultimately another investor wipeout looming large?

[1liam] 07/7/2022 08:38

Shareholders are hanging up on this PSDN! ......Brrrrrrrr

[504] 07/7/2022 08:13

Looks like we have a motivated seller 50k yesterday 90k today. Small amounts but very low volume they can take the price lower yet. Ultimately it makes little difference to how it will be but it does raise the prospect of cheaper purchases before news.
I will wait and see how it is.

[504] 06/7/2022 18:48

My auction trade completed in the final auction. Terrible service to overseas investors and even worse for Israeli investors. Hopefully they are considering a European listing as really the UK exchange is in the toilet.

This share just needs some confirmation news. Pre-order sales on UEP2025. Production of XGS-PON on schedule for Q4 shipping. OEMs reporting interest from Ethernity products in their marketplace.
All near term but not yet.

[astralvision] 06/7/2022 16:07

Good work PaTT!

[purchaseatthetop] 06/7/2022 15:14

I joined you astral adding to my spread buy. Waiting time.

[bigvas] 06/7/2022 12:52

Clowns are back

[1liam] 06/7/2022 10:09

This dropped from 57p last April to todays 15.5p. BODs have lost connection with reality. Time to put the phone down on this number before it drops under 10p.

[dplewis1] 06/7/2022 07:16

EUA trading with a 4 handle, clown.

[astralvision] 05/7/2022 17:16

I added a few on IG s/bet, 10,000.They are obviously still netting off internally as trade not put through.Happy to build up a few at these levels.