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ENET Ethernity Networks Ltd

0.80
-0.05 (-5.88%)
25 Apr 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Ethernity Networks Ltd LSE:ENET London Ordinary Share IL0011410359 ORD NIS0.001 (DI)
  Price Change % Change Share Price Shares Traded Last Trade
  -0.05 -5.88% 0.80 5,656,343 16:28:30
Bid Price Offer Price High Price Low Price Open Price
0.75 0.85 0.85 0.80 0.85
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Communications Equip, Nec USD 2.94M USD -8M USD -0.0212 -0.38 3.02M
Last Trade Time Trade Type Trade Size Trade Price Currency
16:28:49 O 63,125 0.80 GBX

Ethernity Networks (ENET) Latest News

Ethernity Networks (ENET) Discussions and Chat

Ethernity Networks Forums and Chat

Date Time Title Posts
25/4/202418:32Ethernity Networks -5G Superstock in the making35,334
28/3/202407:18Ethernity Networks: Next Gen Networking/Comms IP & Tech7,282
11/1/202412:51We Told You So17
07/7/202308:03Ready to go299
04/7/202309:12Ethernity Networks Ltd683

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Ethernity Networks (ENET) Most Recent Trades

Trade Time Trade Price Trade Size Trade Value Trade Type
15:28:500.8063,125505.00O
15:28:410.7733,290255.00O
14:58:561.02150,0001,524.75O
14:58:541.02150,0001,524.75O
14:58:511.00100,0001,000.00O

Ethernity Networks (ENET) Top Chat Posts

Top Posts
Posted at 25/4/2024 09:20 by Ethernity Networks Daily Update
Ethernity Networks Ltd is listed in the Communications Equip, Nec sector of the London Stock Exchange with ticker ENET. The last closing price for Ethernity Networks was 0.85p.
Ethernity Networks currently has 377,642,243 shares in issue. The market capitalisation of Ethernity Networks is £3,021,138.
Ethernity Networks has a price to earnings ratio (PE ratio) of -0.38.
This morning ENET shares opened at 0.85p
Posted at 25/4/2024 12:47 by pwhite73
patt - "The OEMs manufacture in the USA using solutions designed by Ethernity."

No different from Nokia. Now Nokia have openly stated they are working with Sanmina to comply with the NTIA restrictions. Who are ENET working with?

What's changed is that the US Telco could have imported ENET products from the European manufacturer who ENET already have a contract with, they can't any longer. ENET needs a US OEM of its own if their products are to be eligible for BEAD funding.
Posted at 25/4/2024 12:19 by pwhite73
patt - " has signed a contract with a global wireless OEM based in Europe to supply its ENET 4840 40Gbps FPGA System-on-Chip (SoC) with support for Carrier Ethernet Switching, Wireless Bonding, and IPSec security. The ENET 4840 is a customised version of the device that is used within the UEP-20 Universal Edge Platform product design, which will also be supplied to the OEM for manufacturing.'"

To qualify for BEAD funding the US Telco must use electronic devices manufactured in the US and not simply import an ENET device from Israel or a European OEM.

This is why Nokia a European OEM has been forced to source the production of their electronic devices to a US OEM.

As of today I am not aware ENET has any manufacturing contracts with any US OEMs are you?

Speak Later
Posted at 25/4/2024 10:08 by bantamboy
Miss Julie & Mr Lilian having a really positive affect on the share price I see 🤣🤣🤣🤣
Even a defibrillator on speed wouldn't be able to bring ENET back to life 🤣🤣🤣🤣 FFS !!
Posted at 25/4/2024 08:47 by pwhite73
The reason why I ask where ENET products are manufactured is because I noticed the below from the Nokia article.

"Nokia is working with the manufacturer Sanmina to produce the products after the National Telecommunications and Information Administration (NTIA) determined that OLTs and ONTs must be made in America to qualify for use in BEAD fiber projects."

Following on from the above it would be reasonable to assume that if ENET's products are not manufactured in the US then US Telcos will not qualify for BEAD funding.

Looking at previous product documents ENET products are manufactured at 13A HaMelacha Street, Lod Industrial Park, Israel 7152025.

To overcome the restrictions laid down by the NTIA ENET like Nokia will need source a US manufacturer. This is what the RNS of 28/03/2024 was about, the need to source a US OEM although they deliberately omitted the US bit.

Until such times they have no FWA business in the US as part of the BEAD funding. This also explains why everything is supposedly scheduled for the H2 2024 when in fact what they require is a US OEM at anytime.
Posted at 24/4/2024 22:34 by papillon
I'm okay, countbasie1, how about yourself?
Unfortunately, countbasie1, my short term chart is Bearish and my long term chart is Strongly Bearish. My long term chart has been Strongly Bearish since the start of 2022.
The ENET share price needs punters to pile in to turn my charts Bullish. Only good news RNS's will attract those buyers,
I'll leave future predictions to the 2 fortune tellers who say they have filtered me, purchaseatthetop and Snooker40. They are obviously "believers", even though they appear to be in the minority going by the languishing ENET share price
ENET is a pure punt. You'll probably either multi-bag, or lose your money. If you have a bet on it don't bet more than you can afford to lose.
Posted at 23/4/2024 15:03 by pwhite73
patt - "DL has told me that he will bring in a cash raise when they release news but at a much higher share price."

Telling any individual shareholder that a placing will be higher than the current price is passing on inside information the more so when the CEO says the placing will take place only after contract news is released.

My advise to you is that DL knows you are going to report this information back to the BB thread and hopefully it would have the desired affect of PIs purchasing the shares at these low prices before a 1.5p placing is announced when in reality what I believe is that the placing will be at 0.5p.

And just for your information the company does not determine the placing price the nomads and the market makers do.
Posted at 21/4/2024 22:03 by papillon
free stock charts from uk.advfn.com


A "Death Cross" appeared on this ENET log chart at the end of 2021 when the share price was around 40p. It's been Strongly Bearish ever since. Obviously that hasn't stopped savvy traders making money, often at the expense of long term holders like purchaseatthetop! 😂
Obviously the above chart would turn Strongly Bullish and a "Golden Cross" would appear on it if very good news is issued. Will it? I can't predict the future; I'll leave that to purchaseatthetop and his tea leaves! 🤣
Posted at 21/4/2024 18:53 by purchaseatthetop
Great! Lionel kipper here from CHLL to prove exactly my point about Papillon.

Here is my first CHLL post from June 23. When the share was 12p. Now 3p.

Jun '23 - 07:15 - 5159 of 8189 Edit
0 2 1
Be very careful here. I had a look and it does not look good:

"Mike Shaw, Managing Director of the Vaping Group, said: "The opportunity to support Chill Brands with the UK launch of their vaping devices is not only very exciting but also incredibly timely. Regulators and industry peers are crying out for answers to the issues surrounding sustainability and social responsibility. While Chill's devices will inevitably help with the full conversion of smokers and vape users to nicotine free alternatives, the fact that they may last up to five times as long as existing nicotine vapes will also result in a reduced environmental impact. This enlarged puff count also ensures Chill Zero can remain competitive at a higher recommended retail price, elevating the brand beyond the "pocket money" spend category while maintaining attractive margins."

Actually, Mike Shaw is not a Director of The Vaping Group Ltd. He resigned on 31/12/22:


Moreover The Vaping Group changed its name on 25/4/23 from Vapetv Ltd to The Vaping Group Ltd which seems odd if it has years of marketing and channel experience.

Finally, the accounts to 31/12/21 show zero fixed assets, trade debtors of £17k (so hardly any revenue), and creditors due within one year of well over £550k with Directors salary of zero.

The RNS says "The Vaping Group acts on behalf of some of the world's leading vapour brands and has previously helped to take some of the industry's most recognisable names to market" which is a pile of rubbish as shown above.

So, this is a valueless sales and marketing agreement set up to pump the share price with all of those shares from the 3/4/23 CLNs to shift. Watch out. Clear skim”
Posted at 19/4/2024 06:00 by halland75
Israeli has retaliated.
Not the devastating attack many expected.... thank goodness, no loss of life.

Iranian leaders had threatened an immediate and strong response to any Israeli attack - we'll see.

Market hates uncertainty, they will be unnerved.
This does not bode well for ENET.

Let's see where the share price goes 😱
Posted at 14/4/2024 08:53 by collywobbler
And to think you haven’t even reached the length of time I was an enet shareholder. But I think you remember as well as I do what happens to the share price when actual bombs are being dropped on Israel. Poor patt
Ethernity Networks share price data is direct from the London Stock Exchange

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