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He has a strong accent but once you spend time there you become tuned to it. David is a very smart guy and the biggest problem is that he forgets the average investors just aren't that bright. They understand very little about the connection between products and about how 5g is going to be.
‘…with subtitles obviously.’
LoL ??
When I first heard him thought he was speaking Hebrew or something. Translator required!
I suspect that strong guidance of profit supported by interims will do it. In December they gave good visibility over this year and despite saying India is experiencing delays they have not said that they won't hit $6m. A lone contract even for $2m first year means nothing without discussing it with other same term contracts. Clearly OEM contracts are very different from OEM with orders and Service providers. OEM for future sales will be 18 months, service providers and OEM contracted Will be immediate now.
Ethernity need to hold hands or lose people.
I know plenty that's going on right now and I would like to be talking about it now but can't. It's largely background about new markets and opportunities. Yes we can wait for contracts to be signed but they keep dropping new markets in and so far it's achieved very little traction for the share price.
Even a David video would be a start, with subtitles obviously.
Contracts and unique IP are one thing (two, actually!), but until and unless the revenue inflow ramps up substantially, in the order of $10mns+ for starters, I cannot see how the sp will re-rate, even at a MC of £22mn. The money will do the talking, eventually. Or not at all, if it's just wishful thinking.
Been saying that 18 months whilst the contracts did the talking and the share price wasted away. The problem with the contracts talking is that they just say one thing at a time and often that's small. Unless they put the contracts in the context of other contracts and opportunities for more within the sector they are deliberately misleading the market.
A contract is announced for UEP they must explain in simple language where it fits in and what products they have before and after in the ecosystem. They have to guide the market as if they are stupid because largely they are.
Looking on the bright side, more cheapie shares going begging!
Or, looking back a few months we needed to put on 50% to bag the warrants and wondered where that was coming from.
Just going to have to keep buying ‘em.
It's amazing how a couple of trades squeezes the bottom of the range so easily.
Contract news could arrive any day, there's so much going on right now. Ethernity are exposed to volume markets and we can expect Contracts to start small 930k and grow huge $5-10m a year in a few years. Ethernity are exposed to 6 or 7 of these currently.
These contracts are in mass deployment 2022, mass production will commence prior probably 3-6 months. Contracts will be prior maybe 3 month. There H1 mass deployment will be contracted in Q3 or Q4 this year.
That is now onwards.
Thanks bid :))
Stacking at 46 likely because 5g IF are at 45 with a double tap offer.
L2 looking weak, think investors were expecting something more from the agm rather than the odd $1m contract every 3 or 4 months should do the job, which seems to be what they are saying.
Well DL has got previous. According to ‘Globe’ he got burnt on his last venture, so unless he wises up a bit the same thing could happen here.
Why would you not put in a modicum of effort, unless your either a know everything type or stupid, and I don’t think it’s the latter.
Don’t sound like they are going to change, although reading that MR would like suggestions on the IR front is encouraging, unless it’s just lip service.
Sounds like they get plenty of suggestions but just go their own sweet way.
That is ridiculous. Long term is made up of short and midterm. You can't get to long-term goals without going through short and midterm goals. A long term strategy is foolhardy as short and midterm they can be diluted to nothing.
They clearly lack any strategic perspective, as they can't expect any valuation without information.
Their strategy won’t make us happy until 5G are out of the equation that’s for sure. But as Dallo says maybe we have a plethora of rns lining up!
ETH
The problem with that attitude from the management is if they wish to raise further funds it will be done at knock down crazy prices and cost us all dearly. Or worse a low ball t/out.
They need to embrace being a listed company whole heartedly, not just the legal minimum. That doesn’t mean fluffy news every 5 mins, but it does mean a well planned and thought out ir strategy.
That answer is age old.
Management concentrate on the very long term, their perspective is very different to investors appetite. They probably won’t announce any news unless it is a legal requirement.
Olderandwiser I am frustrated that they won't create mature discussion about what I know to be happening. It means that I can't talk about a whole heap of stuff because they haven't disclosed it.
It's holding everything back.
Bid August and September have been hotspots for contracts previously and as far as earnings go H2 has always been stronger.
As Ethernity are now engaged on multiple fronts we should have multiple News streams
Sounds like you are getting a little bit frustrated at the slowness of progress here, Tracylied. Surprised.
I think that it depends what you term delivery. Delivery for me is a strong pipeline of products under development. Delivery is when OEMs start to gain traction but if we don't know who they are how can we measure the likelihood of success.
Why do we know about Tarana but we don't know who the Asian Telecom is or the Chinese OEM. How can anyone research without knowing. Who are the server Vendors. They are already signed to their ISPs so it can't be sensitive information.
Why don't we know the unit value of any of the products even ballpark $1-3000 typical. It's giving nothing away that weakens any future as no two offerings will ever be the same.
I have found some of this out because that's what I do. They don't need to tell me just tell the market.
Dallo yes I heard the same - the move to a system based business will mean they generate more value within the industry and to their customers rather than just licensing. They certainly didn't give the impression they were worried, I don't think he would say they will communicate to investors via new contracts if they didn't have much in the pipeline. August I doubt much will happen but if we're deep into Q4 and still nothing then maybe the contracts aren't doing enough talking!
Tracy
I also said that the gaps between the 2 contracts this year left investors speculating or something to that effect but as Bid said they replied they can only release market information when available.
Again I reiterate their view that contracts are the most relevant driver of newsflow .
I think they are very cautious after years of delays and now focussed on delivery not hype.
The next 6 months will tell a tale imho.
Still a firm holder and believer.
DYOR
So now we are in this crazy position where the share price is the same as when the $930k contract was announced in June with the final results. This is with us knowing that next month we get a further update. After that nothing for another 9 months. It wouldn't be so bad if the full year and interims were 6 months apart. Why not undertake to provide a warts and all update in December and March. If there's no change just say it, if they can't update for some reason just say it.
I feel that they have no strategy, just saying nothing is not a strategy it's just lazy.
So far it's caused a cheap fundraising let's hope it doesn't cause another before they learn.
Bid can correct me but Levi said that the switch to system based products should lead to 10s of times the previous revenues which I found quite encouraging.
I said to them that I wished them well and keep those contracts coming .
They thanked investors for their support as it is greatly appreciated.
I felt an air of confidence at the meeting and Mark asked us to send emails to him on ideas to improve IR.
Maybe after a few more big contracts they should organise an Investors day hopefully when the SP reaches a £1 plus.
Get their their house brokers/nomads more proactive is my advice.
Imho
Despite that the share price will rise and this strategy is already in the price. Funny how December when it suited them they were happy to provide a professional comprehensive update.
Raising to deliver mass production at good margin is fine. Raising money without disclosing the purpose is just more cheap shares for those invited to participate.
Dropping new contracts on a cold market just leads to spikes which is no good to us. They need sustained appreciation of the price and that comes from explaining the plus points to support the rise. So far they have failed spectacularly.
It appears that they lack strategic perspective