Ethernity Networks Share Discussion Threads

[pjj71] 04/5/2021 10:56

down she goes...

[donaferentes] 04/5/2021 09:54

A few profit takers at 50p ish so MMs have marked the bid down as a defensive and prospectively profitable measure. Nothing has changed except that our CEO's confidence has been re-confirmed.

[2350220] 04/5/2021 09:38

Classic buy on rumour, sell on fact.
So I've added a few more.
John

[outlawinvestor] 04/5/2021 09:09

Extremely encouraging summary AV, cheers!

[pjj71] 04/5/2021 09:05

timmmmbeeerrrrrr.....

[astralvision] 04/5/2021 09:04

My take on the releaseThe release is light in detail but positive.Leading with the funding income since December is surprising as we can add those figures up ourselves! Might have been handy to lead with revenues expected to be three fold up from 2020. Also no mention of future funding requirement, eg we're now fully funded for next 12 months assuming blah blah blah.Good that another c £300k comes into the company from the warrant exercise, that's the 30p warrants more or less done and dusted.The directors have put another c £45k into the company. That's good. I'm not sure what or if there is capital gains tax in Israel, if there is there may well be tax implications for DL and SB that means their commitment went beyond c £45k.Although light in detail, I think it's noteworthy that they did not exclude ACE-NIC business this time.A reminder of the Dec 2nd update:'Anticipated revenue for 2021 based on both signed contracts and customer forecasts received from existing licensing contracts, excluding any ACE-NIC business, currently account for approximately 60% of the Company's total forecast FY 2021 revenue. This represents a further growth of 300% over the current FY 2020 market expectations. Delivery, and revenue recognition, is expected to commence in Q1 2021 and to ramp up throughout the year.'Now they say'The significant boost to the Company's cash reserves has supported the planned expansion of its R&D resources in order to meet the development requirements and to achieve the anticipated revenues for 2021.'Those revenues will include ACE-NIC business.DL's statement uses 'extremely encouraged' twice. I think we can take it that things are on track!'Our unique and innovative solutions are now starting to penetrate into the major market players who have seen the need for our technology. I remain extremely encouraged by the progress 'In closing, perhaps the statement could have been better worded and contained a tad more detail, but, overall, I'm 'extremely encouraged' and we look to be brilliantly positioned for 'extreme' growth.

[astralvision] 04/5/2021 09:04

Great top up opp, all on track, more cash in the bank, what's not to like!Shaking the piggy bank!

[purchaseatthetop] 04/5/2021 08:44

I feel quite possessive about PJJ71. He is our only troll. But he is ours. A bit simple and really quite rubbish but we must tolerate him.

[donaferentes] 04/5/2021 08:31

They're not cashing out. They're buying more at a lower price. If they can never sell, why would they ever buy. It's immaterial.

[pjj71] 04/5/2021 08:20

never good to see the owners cashing out their chips

[astralvision] 04/5/2021 08:02

Forecasts call for $6m t/o this year I believe, three fold increase over 2020, so good news they are on for this.

[donaferentes] 04/5/2021 07:42

Quick glance share sales covered c. 80% of warrant costs. So a little net additional funds committed by directors. Positive.

[purchaseatthetop] 04/5/2021 07:28

OK...bit vanilla and maybe released to provide cover for the Director sales even if they were to fund warrants. Maybe me being a bit cynical.

[daniel levi bmd] 04/5/2021 07:20

FYI

ADVFN: Takeover Inevitable?


Dan
x

[dplewis1] 04/5/2021 07:08

In line, so can't complain. Very bullish from the CEO - just hope these component issues don't mess up the good work

[outlawinvestor] 04/5/2021 07:03

Company Update - $5.4m Inflows since December 2020 and Directors' Dealings

Ethernity CEO David Levi said: "Our continued growth in engagements and outreach is extremely encouraging along with the continued increase in recognition of our offerings by the market leaders. Our unique and innovative solutions are now starting to penetrate into the major market players who have seen the need for our technology. I remain extremely encouraged by the progress and while there remains an immense amount of hard work ahead, I can finally see the vision starting to become a market reality. The support from our shareholders and founders has underscored our confidence in the Company and positioned our resources to deliver our offerings."



Amen to that!

[astralvision] 03/5/2021 17:35

Good news patt, global roll out of Tarana tech has big implications for ENET!Good business from something we knew nothing about till recently.

[purchaseatthetop] 03/5/2021 15:51

MTN Supersonic active from today in South Africa. Excellent development.

[astralvision] 01/5/2021 11:59

Yes patt, always good to spread the risk.SBTX currently doing great things for me and lots more to come.

[astralvision] 01/5/2021 10:48

Good work patt, like this bit from the job description:'To help sustain our exponential growth, we are looking for a like-minded industry expert, who will help us supercharge the recruiting function within the company. 'Exponential growth eh, think that initial order from Tarana will be the tip of the iceberg!Market cap of ENET? c £27m?Someone's having a laugh, including us PI's as we tuck this giveaways firmly into our pockets.GLA

[purchaseatthetop] 01/5/2021 10:07

Most valuable internet resource there for investors too peer into company prospects....the jobs page.

There are now 33 jobs on their website as compared to 17 two months ago.

One of these jobs is Talent Acquisition Lead for their India office:



Clearly Tarana are moving rapidly into takeoff speed on a global basis. As their product is leveraged on ENET IP/product this can only be excellent for us PI's.

[collywobbler] 30/4/2021 17:27

I’m sure one of your guesses will be right eventually GG. Have a nice weekend

[greg the grinch] 30/4/2021 17:02

Hmm... would not be surprised if there is a big buy order in the background waiting to be filled. I am sure 5G can unload a few?