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I would keep quiet with your £10 guesses when they are raising at 100th of that. I hope the reason they raised a small £ was that they can see something in the next 3-6 months timeline. I’ll be switching off here until a contract - with numbers!
I think that many will be surprised by the size of the future. I still think £10 a share in dividends and share value.
Over £3 a share you say. Hmmm let me think about it...
In great company. 100m is small change for these companies to take enet, I think we will see this in 18 - 36 months after we see the royalties roll
A tiny fraction of what Ethernity do, they have gone so far past node to node flow. Ethernity have virtual hardware on fpga that does so much more than switching. It can also transform into something completely new with a firmware cascade remotely. Ultimate recycling.
Leading Ethernet Switch Chips Market Players:
1. Cisco Systems, Inc.
3. Microsemi Corporation
4. IC Plus Corp
5. Ethernity Networks
8. Intel Corporation
9. Centec Networks
10. Beckhoff Automation GmbH & Co. KG
And we are down here... crazy
This from January and really tells us what they have been working on the last 6 months. This is the R&D area they have not cut back on and it is what will deliver cash flow in the near term
"We are confident that the ACE-NIC100 will be instrumental in enabling deployment of optimal 5G performance," said Steven Deng, vice president & general manager of business development at Techtronics.
He is not wrong.
Just a week or two ago Techtronics had the confidence to allign with Ethernity. The words are quite clear it's to bring returns quicker to Ethernity. Yes it will come at a price but Ethernity will no doubt get paid on engagement not delivery. Techtronics has reach and many existing clients. Most not big enough to approach ethernity but this will be a useful source of income.
Matthew I think he did already but the market is not seeing it.
"In light of the change in status of the engagement with the Military/Aerospace T1 vendor as noted below in the Chief Executives Statement, the Company will need to secure additional short term funding in the latter half of H2 2020 either via short term finance arrangements or an additional issue of equity"
The market wants news and contracts. We are in a phase where Ethernity has technology under test. These vendors and end users have invested money in Ethernity to get this far. We know of several that have invested chunky money developing their own solutions on Ethernity ACEnic-100. This is the reason I am super confident about short term finance. Players with deep pockets and tight deadlines.
The need for solutions is now, mass deployment is less than 12 months for some. Contracts will come well before that time. I am expecting substantial commitments in Q4 20-Q1 21. Only one of those needs to include a upfront payment or a deal involving a IP license. It will be from China,probably Fiberhome or a associate business.
In the meantime we may get a few isolated sales of cards and specific functions. The military market is moving very rapidly in China, India and US. Aviation in China also. In some ways these small isolated contracts cause troubles for the share price but they at least provide some respite.
The share price has collapsed and the MMs now look for weakness.
David needs to clarify the funding position. Now.
I am not expecting any news quick! I also think securing new contracts will be an issue, why would a company award a large contract to a company that will be out of cash in a couple of months time with no answer to how they will secure funding.
Thats the big elephant in the room right now, very small short term cash, buring through cash fast and everything down the lines is really H2 2021.
Don't get me wrong I am like most of you, hold over 250K shares and its now a do or die and I am not going anywhere but I am not as optimistic as TL, this has been my worst investment to date, one short term bounce last year upto 67p which got me excited but had 2 years of sitting around 20's-30's in a major loss.
I now have everything crossed, preying that TL's optimisms turns out right but to say I am concerned is an understatement. I hopefully will eat my hat.
But I do really appreciate your knowledge of the sector TL.
18p bid now.
A long way back to 45p but we live in hope.
We need some news and quick!
Tracy / dallo - thanks for your post. I have c 70k shares between an isa and sipp and down 50%, one of a couple of risk shares I have (kromek, cns, opti) the others.
I too have bought in drips and still adding, as you say the IP is worth multiples of the current share price.
I also believe very few shares in circulation with few, if any, forced or capitulation sellers. I am a long term holder until retirement which is 5 years away.
It would be interesting to know how many Private investors hold shares here and just how many shares are controlling the price. I have not sold any and have bought 43 times. I suspect that the actual free shares are no more than a couple of percent.
What's happening now is the case for FPGA on UPF has been made. Results from design kit will be very easy to predict from experience. The time between engagement and deployment will come down certainly to a few months as user cases become common. This pioneering period is where all the work and costs are. Whilst 2021 cash income is likely to be just 10m or so it will be a significant improvement and a hint to the next 5 years.
How many here have been following this but still don't grasp the opportunity. Most if not all. I am seeing it emerge probably just a few months since Ethernity saw it. They are listening to the market and responding with solutions ahead of the curve.
So now take that outside of this small group to your average punter will see nothing but last year's tiny financials and a chunky cash burn. They see small fry contracts that are really just sidelines until the main event starts. It's not hard to see why the share price is a mess.
We are missing nothing here. The tech is excellent and the opportunity is genuine. Some have said that the bug boys will squeeze Ethernity out but reality is that won't happen. The big boys will also be using ACEnic-100 in their in-house solutions.
All we need is time. I am not interested in the share price, I am a continuous small time buyer at these levels but truth told I have enough already.
I get the feeling that the few punters ( including myself) on this board are either totally mad or the market is .
The company with the (possibly) the smallest market cap on AIM and is priced at the value of a small high street deli is either the greatest mispriced investment opportunity in living memory or about to go tits up.
It is one of the biggest punts I have taken recently
and with just about $200,000 left in the kitty
it will the mother of all comebacks .
The market is pricing the company as bust but something tells me there will be a sting in the tail.
I have never seen a techology company like Ethernity valued at petty cash with its patents and cutting edge products ignored by everyone in the
Are we being conned or are we about to reap the rewards of one of the greatest undervalued opportunities of the past decade.
You pay your money and take your chances.
The market is currently saying we are fools
but the likes of Cipio Partners don't make too many mistakes and the Israeli tech powerhouse
is not used to failure.
Best to all here...it is one one of the exciting and nerve-wracking investments I have ever made.
Success or failure is the story of life ...which one will this be.
We will find soon.
I get the feeling (more than a feeling) that the market cap is laughing at David and the team. I believe that will be a motivator because so far they look like a bunch of losers. Losers with a world class product in the next step market worth $1bn+. Time will tell and the AIM doesn't have a clue about this.
Derisory is the word TL.
Market cap a miniscule £6.5m.
A nano cap in AIM terms.
I guess my view is different to every one else. I see derisked here and as the share price rises so does the risk. At that point news of revenue and future royalty will need to support the growth. Down here I see no support needed to underwrite the derisory valuation. I see no prospect of a placing whilst the price is so low and short term finance will be the way to go. I suspect that it will be linked to a IP regional licensing deal.
How good the deal is will be a strong indicator of the value of the IP. Given the diversity of offering and the way they are identifying and pursuing the stages there will be many waves of value. Only Ethernity delivers they will be in a great position for the next stage. There is no vendor lock in that is the point so at each stage Ethernity can resell their old rope just with some new knots.
Interesting that people in Israel have a really hard time investing in the AIM. I hoped for a TASE listing but I think that opportunity has been missed already. I know that they would have huge local interest
Agreed. Sit tight and wait for news is my position. However long that may be. I won't be panic selling.
Would love to be building a position down here in the bargain basement but as stated I'm already fully loaded.
When it moves - due to its illiquid nature - this really moves.
The short term funding issue will continue to suppress this until either it's resolved or significant news lands.
They have the tech, they have the market.
I. Can. Wait.
My bad Bid am equally frustrated! The enet band of brothers must remain stiff of upper lip in these times lol! All the best to everyone
01234 I had no intention of knocking Ethernity with my comment or trying to talk it down - it's done a perfectly good job of that on its own! It's more out of sheer frustration that I'm quite heavily down on a company I've got a large (for me) investment in. It checks so many boxes but has been a terrible investment so far, so much so that I'm not allowing myself to buy more until their financing for the next year is sorted.