Ethernity Networks Share Discussion Threads

[purchaseatthetop] 14/2/2023 15:50

Dplewis. I think that it is primed to rise with news. Why has MR been so conservative on Tarana? So they can overdeliver. That is £s. DL, Shavit and Premier Milton have a plan to make money.

[dplewis1] 14/2/2023 15:43

Product launches would be an RNS-R given previous releases. Still not sure how they get sufficient traction in the share price given the majority of the revenues are already flagged and not produced any significant movement north. Maybe bagging another OEM would do it but getting to 20p is going to take some serious Levi magic

[purchaseatthetop] 14/2/2023 15:29

Eeza. Absolutely but ask yourself about the timing of the placing.

Needs enough time between placing and lots of news
Must be RNS on 6/3/23 about launch as not RNSd yet
Tarana G1 unturned orders down to maybe $250k so just over a month left
Tarana launch I think of G1*2
Deployment of PON XGS in China finally
OEM UEP2025 update as software integrated

I think we are really close now.

BTW…I looked at the WAVV website and they have 210 base units in stock right now in the USA and over 4,500 customer units.

[504] 14/2/2023 15:22

More from Iain. I speak with him regularly and he isn't a great believer in open RAN. So far he's correct.

[eeza] 14/2/2023 15:21

But newsflow may be longer.

[joinednow] 14/2/2023 15:21

i am an immigrant, i fled war when i was 7 years old. no big deal. get over it. no points earned.

[purchaseatthetop] 14/2/2023 15:13

Well.we have to chat about something while we wait for RNSs. Only 13 trading days to 6/3/23.

[504] 14/2/2023 15:11

I think that you mean naturalised migrants. That's how they identify in Europe. It takes around 3 years to go through the process after arriving with no home country and no evidence of citizenship.
Sponsors are needed for thousands in the UK. It's important that people have opportunity to realise their dreams. Some want to live in the UK so it's important to help them as much as possible. I see it as a leveling after the way the UK has treated people throughout history. A form of justice I support.

[purchaseatthetop] 14/2/2023 14:59

Joinednow. It was Dplewis that raised it. Otherwise there would have been no mention. I have got over it!

[joinednow] 14/2/2023 14:55

Big deal with your helping immigrants story.
theyre just people. Get over it.
No points earned.

[504] 14/2/2023 14:50

Just filter it, They are a waste of time, full of hate.

[purchaseatthetop] 14/2/2023 14:20

504. I know exactly the same in Italy. We employ a couple of black African staff who must have a Permesso di Sojourno and be legal. The tax authorities come down like a ton of bricks on illegal staff. Huge fines and penalties. But Dplewis seems more and more petty by the day. FFS. They have been through hell and lived. Maybe almost as bad as his commute from Sunningdale to the Office in Shoreditch.

[504] 14/2/2023 14:16

PaTT it's impossible to establish a business in Europe with a person of no status. I have helped over 30 find safety, independence and a European passport. All are productive and paying taxes locally. unfortunately there are not enough sponsors

[504] 14/2/2023 13:57

A few weeks old but a strong message. It's easy to see this repeated thousands of times.

[dplewis1] 14/2/2023 13:41

Your businesses are sustained on dodgy loans and illegal labour according to your previous posts. But you don't care about accounting and share prices aren't fact .. there's a phrase about being in a hole and stopping digging that comes to mind

[504] 14/2/2023 12:11

Lots of Tarana boxes

[504] 14/2/2023 12:00

I love the constant use of the word forecast like it's any different to expectation, hope, guess or any other term you choose. Personally I go with those best placed to "guess". Had a 5g mobile Telco market opened as the management and the majority of the industry expected the story would have been different. Unfortunately the service providers were not convinced of the need or business case for 5g and they opted for fake g for the time being. So $10m, $20m $100m turned into zero. It was all or nothing. Yes the whole industry forecasted "guessed" it wrong. Now big players lay people off and Integrators release roles and redeploy staff.
Fortunately Ethernity were well ahead of the pack in repurposing their solutions into new viable products with immediate markets.

[skid35] 14/2/2023 11:57

Incredible lack of very basic business understanding. Cash flow is accounting. You were talking about pbt / ebitda breakeven and bringing in component purchases. Anyone with any business knowledge can see you haven’t a clue what your talking about.

[purchaseatthetop] 14/2/2023 11:45

On Seagreen point that I suggested that the forecast for Tarana for 2023 at $1.5m was an underestimate and I knew better, this is why I think it will be higher.

MR only has a few months forward orders for G1 as we are merely one of the hundreds of component suppliers for G1 now. It is commoditised and being produced. Therefore, MR has to be conservative and he cannot anticipate any new growth over 2022 as that would not be sensible. Therefore he has gone for $1.5m for 2023.

We know that actually Tarana G1 was $1m in the six months to 31/12/22 so at that rate he could have forecast $2m for 2023. Also we know Tarana are still only beginning to accelerate their ramping up so it would be reasonable to see more growth due to that.

But MR is simply being very very conservative.

Add on that we know G1*2 is being released mid 2023 and that would be a new production line and we could add considerable extra numbers for that. But MR cannot do that because it is a new product.
Add on that G2 is coming out late 2023 snd we have the same. Too uncertain if very likely.

So, I do not know better but I can understand why he has his figures. I expect closer to $3m for 2023 but we will see in time.

[purchaseatthetop] 14/2/2023 10:29

Haha. Seagreens not bitter at all. Run along. There is nothing pertinent in that post. Back to BEN with you fool.

[504] 14/2/2023 10:19

Well if they spend $2m on components it will be very difficult to retain cashflow. I don't care about the accounting it's irrelevant. The cashflow is the important part. If they can cover their costs this year it will be a good place to be.
The only talk of revenue now, the profit and loss information is 16 months away.

[purchaseatthetop] 14/2/2023 08:54

Skid35. Fully agree that r@d v cost of sales is interesting.
Essentially any tech salaries not allocated to cost of sales become r@d overhead. Not capitalised therefore an overhead. As our revenues rise then more and more of these $5m odd of overhead get absorbed into cost of sales in the 60% gross margin. It is a double bottom line benefit. We have more gross margin to cover overhead but overhead drops as more salaries etc are absorbed into the top line. The $340k G2 contract will be be nearly all salaries based so almost dollar for dollar off r@d.

Very foggy here too. Difficult to see.