Ethernity Networks Share Discussion Threads

[eeza] 20/1/2023 09:37

They couldn't afford to pay £167k supplier fees.

[purchaseatthetop] 20/1/2023 09:32

Skid. Don’t be pathetic. Never said anything about it being genius or even right. It was based on a series of assumptions. I said it was possible. As it is clearly cash burn is far down from H1 22 as otherwise we would have run out of cash in November 22. I think we might have about $3m cash now.

[parob] 19/1/2023 16:31

I had a lucky escape here and didn't lose too much. Made up for it and more in Angle's last run from 40-120p (slicing all the way up) and they didn't have FDA then. Now they do! Anyway it's one to DYOR on, but for now it's technically oversold due to Aegon selling 3% and think will do well from this level.

[dplewis1] 19/1/2023 16:26

I won't remind you about your previous positive posts and shareholding in Enet then .. but sure, will keep an eye on AGL

[parob] 19/1/2023 16:19

Easy money to be made from 29p at AGL imo.Remember this message and look back at the share price in a few weeks.Whilst ENET does nothing for months due to hideous dilution, and then will probably need more funding.

[504] 19/1/2023 16:05

Ahead of where we thought we were. I think many will be surprised by the near term events. The risk is off. Sales are near term from live contracts and the business has funding secured. Anyone that doesn't view that as a risk reduction is crazy.
Of course there will be more funds, we already know that.

[504] 19/1/2023 15:37

We are certainly ahead of where we thought we were two years ago.
Risk is off now and it's just a matter of waiting to see how big it goes.

[purchaseatthetop] 19/1/2023 15:19

Certainly is davidgruen at this price! All the pain is now gone, and sales rising fast. Going to be fun I think. Been a horrible 15 months but I have added a lot sub 10p. Either madness or inspired.

[david gruen] 19/1/2023 15:12

Worth a punt PATT?

[purchaseatthetop] 19/1/2023 15:08

Before anybody says it, 504 and I are having a rampathon here.

[504] 19/1/2023 15:06

Yes I see H1 as the turning point. 4 OEMs will add substantial volume on top of the current orders. Billions will be spent in this market starting really now.

[purchaseatthetop] 19/1/2023 14:58

Going to make Q1 23 quite a quarter if that is true. Add on G1 and we are looking at some serious numbers. Good. Good.

[504] 19/1/2023 14:52

Looks like Q1 for the PON revenue commencement.

Breakthrough $3M OEM contract in Oct ’21 progressing towards
commencement of deployment and revenue flow by Q1/23
✓ Follow-on contract of $4.6M in Sep ‘22 for PON FTTR device with
significant expansion plans with revenue flow from Q3/23
✓ Four new OEMs are in discussion for engagement with Ethernity

The PON product looks compelling. It's a huge market and in the specific sector virtually unopposed.

System revenue growth looking very much like my 4x annual growth rate.

[parob] 19/1/2023 14:43

Thanks Arch147,I've been a researching a couple from your list already, but I'll have a look at the others too. There are some bargains out there currently.Perhaps worth a look at AGL which has been hammered by a large seller (Aegon) dumping and some traders from the lows are currently being flushed out but I think it offers a good entry price currently even if just for a trade. The stocks really oversold at the moment.

[504] 19/1/2023 14:30

PaTT I thought MR said in the video a couple of days ago that 55% of the $9m will be from China. He also said Tarana 23 will equal 22.
Makes no sense to me that.

[purchaseatthetop] 19/1/2023 14:27

Cheers Rizzle.
Page 9 says that 55% of the China $7.6m will be earned in 2023. So that is $4m alone.

[rizzle] 19/1/2023 13:55

Latest company presentation - I don't think this has been posted before:

[purchaseatthetop] 19/1/2023 12:36

LOL! I believe dreams can come true!

[archy147] 19/1/2023 11:47

Well its nice that some people want to buy here, despite there being zero grounds for optimism from anything we've seen (not counting PATT's fantasy imagination).

On a brighter note, one of the Plenty Twenty has made a move today. Good TU from LUCE has given rise to a 20%+ gain (so far anyway). I hope a few here are invested.

[divmad] 19/1/2023 10:42

The first two trades were mine. Back in again for a speculative punt. GLA.