Gordon Stein, CFO of CleanTech Lithium, explains why CTL acquired the 23 Laguna Verde licenses. Watch the video here.
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"We have commenced a process with two strategic world technology industry leaders to support the introduction and dissemination in the open compute(r) industry of our 5G UPF offload"
This is extremely interesting. Two Industry leaders working with Ethernity to support the introduction of Ethernity's kit into Open Compute environments. Why would they do that?
Very simple because their products under development and available now cannot move forward without acceleration and flow management from Ethernity's UPF.
We can see that relationships are building and third parties (big players) including Ethernity in their plans. Yes they may also be hosting others but there actually aren't many with any neutrality. Most are tied Politically, geographically or because they have been swallowed by major players.
"In early June 2020 we received a further order directly from another Asian service provider planning to deliver their own UPF control and offload, with Ethernity's ACE-NIC, the UPF data plane. Assuming the deployment plan is successful, commencing in the second half of 2021, this may lead to 500-1000 ACE-NIC card sales in the two years following starting of deployment"
I wonder if this is for the Philippines which is moving away from Chinese kit and looking to produce something in-house or from the west.
They are normally super close and a few seconds apart. The actual volume has already processed at the original purchase so it's actually sold and bought without affecting anything. Much like a bed and ISA. It will drop 250k shares when it is sold finally. However I am sure that a MM or more than one gas already used the 250k.
Sold at 17p and bought back at 17.05p
Strange
Must be expecting some news.
I thought the MMS would have stretched the spread by more than .05p for the rollover.
Who knows.
I knew it was due. It means that they have paid again to keep their stake live. Probably another 10 or 20 trading days.
It means that they expect the price to rise. Yes so do I.
Can’t see that yet on any of my rubbish platforms. So they’ve bought back in?
250,000 rolled over yesterday at 17.05p.
This little baby is keeping the lid on the SP but what is the punter waiting for?
Has he got wind of something?
We shall see
Without the warrants they will be forward accessing income from any new contracts. If the warrants aren't triggered then something has gone very wrong. In reality they have the products ready to go the costs in R&D moving forward will be modest.
Unfortunately people writing these reports don't deploy any vision and their expectations are low.
I don't see £5 as a moonshot target IPO was 130 the share price was at 180. Hardly a long term jump from there. Rather than viewing that as a moonshot I view the fall as the crazy event.
I'm taking one step at a time .. i'd like to get my warrants exercised at 20p and 30p before I started thinking about moonshot share price targets! One annoying thing about that VSA piece is his mention of them being "cash constrained" .. I don't think this is the case but it will be offputting for some people reading that thinking they might get diluted if they buy now.
Indeed and this is where my £5-10 3 year target comes from.
130p to 500p would have been a great return but 12p to 500p will be epic.
It may be hard to believe now but once sales are confirmed channelling through OEMs and integrators as they win orders confidence will increase as will the share price.
Tracy
If revenues reach £70m, which looks right to me given the massive 5G spend worldwide , it would value Ethernity at £ 5/600 million on a conservative PE ratio.
I am going for a lie down!
Skid don't forget that the share price will be 30p and stable by then. We may see some selling between 20-30 to pay for the options. However liquidity has to be welcomed.
Dallo imagine how the integrators and OEMs like Fiberhome will feel if it moves that slowly. These are billion dollar companies and this is their next big opportunity. 2021 will be very close to £9m and 2022 £70m.
Tracy, when we get the 20p warrants do you for see selling, tracking back down to 16/17p - alternatively some blow out news which just blows this out the water?
Surprised we have an overhang of shares, as a miton microcap shareholder pretty pi#### that they are selling at this level - I think they don't want to have this as a shareholding from much higher levels.
With China expected to spend c$500 billion on its 5G roll out over the next 3 years with Huawei expected to get a large slice of the action ( $150 billion according to Bloomberg) it seems incomprehensible that Ethernity will only achieve revenues of c$ 8/9 million in 2022 .
The VSA estimates are miniscule and surely Levi and his team are not in the game for such tiny scraps .
Disappointing to see no uplift in the SP today with still a few sellers around from the placing .
News on a Chinese breakthrough in the coming months will be a game changer so we will have to remain patient imho .
17.4/17.25 current live price. Plenty of buying but plenty of shares available apparently. Now may be the best chance to get shares before it closes down
I don't think anything sub £1 would succeed and likely for those at IPO £1.30. I think unless they were part of the placing it won't happen.
The valuation was quite stupid it is based on the assumptions for tier one only. However how do you have tier one without tier two and B2B.
It is also based on a small share of the market and a slow rollout. Clearly densely populated areas are going to go straight to volume at tier one then upon sales on tier 2.
Unless deployment delays until H1 2022 we'll see volume sales in H1 2021. 8000 cards in H1 2021 is very achievable through 4 or 5 routes to market. That equates to 80m users if just tier one. However we also have core requirements and tier 2 requirements to sell into. Also we are just talking about China here.
Unless they’re absolutely desperate why would they ever sell the company for below the ipo? Is see the valuation as a short term target , we know enets real value now
Certainly one thing the analyst at VSA missed was the value of the IP itself. From the 2019 full year results:
"The Company commissioned an impairment test of the capitalized intangible assets as of 31 December 2019, by a top-tier independent international firm with expertise in valuation procedures. According to such independent report, the value in use of these intangible assets is approximately USD 27 million - more than three times the book value and accordingly there has been no need to record an impairment to such capitalized assets."
The analyst mentioned more than once the possibility of a tekeover..but any buyout of the company would have to include the IP valuation on top .. would be way over their 52p a share that they've calculated. No wonder David and Shavit want to keep their ownership of the business as high as possible.. any predator would be getting a huge bargain if they managed anything sub 70p/s.
Yes all about WINS today. The others aren't in the game. WINS took a few at 18 now they play the other side at 18.5
This won't last long.
Lol well it found them .. WINS ran off!
Quick call the Police someone got mugged for 19p.
That is to cast doubt about the 18.3-18.4 trades. Looking for sellers they are.
18-18.3 now. WINS aggressive this morning. I think that they may have a sniff of 250k from the rollover or a few shares from elsewhere.
18 / 18.35 .. tightest spread it's been in a while. I guess it's all buys today then.
Wints bidding 18p now
Level 2. Still just 2 on 19 1 on 20. 21p bar those.
I don't think that it will take much more to break.