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I don't think that we'll know until Monday when we see the opening positions.
I'm inclined to think its a buy then as Bid says would explain the jump and also nudge up at the end so it shows as a sell? either way it is definately heating up! exciting stuff
Maybe but I think that liquidity will be an issue until the warrants are triggered. Hopefully some will sell for 10p instant profit.
I think that the warrants will be seen as a trading opportunity by some. Sell on trigger buy back on any selling. That will be a big mistake I think.
A decent week for Ethernity, up a couple of pence a share and another week closer to Q4 and lab testing of Ethernity product performance.
It is not clear if this testing is for a deployment decision, to confirm spec or to customise their solutions.
Worth refreshing.
"Direct relationship in place with three major telecom service providers in China - China Mobile, China Telecom and China Unicom - each either planning to use an FPGA SmartNIC offering for 5G UPF for integrating their own open UPF software to be offloaded by the ACE-NIC"
"With 5G and NFV paving the way for deployment and with the breakpoint advantage offered with our ENET flow processor running on the ACE-NIC FPGA SmartNIC, the Company is now fully focused on obtaining market share in the 5G network, starting with the 5G UPF, and then moving deeper into other elements of the 5G infrastructure, being the 5G Cloud RAN (Radio Access Network) elements such as Central Unit (CU) and Distribution Unit (DU) which are all based on NFV technology and implemented on a computer server that requires ENET's FPGA SmartNIC with data processing offload functions"
"Our estimated total addressable market for the next five years for NIC cards required for acceleration of 5G UPF is $1.2Bn, which the Ethernity ACE-NIC product family can address. This is based on the assumptions that a 100Gbps performance will serve 10,000 5G users, and with the market analysis (depicted in the Annual Report) that forecasts a total of 3 billion users by 2025. Within this we anticipate a market need for 300,000 FACs for 5G UPF over the next 5 years, commencing in 2021 with growth ramping up exponentially from 2022"
"As a result of the market's intentions for 5G NFV based deployment, and the growing engagements with customers for our ACE-NIC family that embeds a Router-on-NIC implementation, the Company has continued and is now focussing its efforts on the ACE-NIC offering for acceleration of the 5G NFV based solution, deferring other activities, with the main goal being to capture a greater market share of the upcoming 5G market"
Ethernity 5G UPF accelerated performance solution intended for lab testing by the largest Chinese operators during Q4 2020.
The increased drive from the Chinese markets, focused on building a 5G mobile network based on NFV, was the sign we have been waiting for over the last two years. It is based around the building of the edge compute virtualised network together with a need for extensive performance, for which Ethernity technology is the best fit, providing greater value added solutions that are appreciated and demanded by our customers. We have therefore taken the strategic decision to focus on porting the ENET flow processing features on the ACE-NIC100 to accelerate performance of the 5G UPF data plane. This has resulted in multiple engagements and design wins for our ACE-NIC100 during the first half of 2020 with the potential onward conversion to multiple delivery contracts during H2 2020 and into 2021.
With 5G availability increasing in cities around the world, why isn't the phone ringing off the hook at Ethernity? Is it because there are alternative technologies, is it because there is only a small demand on the network at present?
Very funny. To be honest I find the tech talk difficult to decode. I'm not a tech geek so it's hard for me to know if Ethernity have a winning product or not. All I know is that 5G is coming and a lot of money is already being spent around the world getting ready. Is the smart NIC being offered by Ethernity really so much better than those from other companies? Are there viable alternatives? Why aren't they getting lots of orders for it?
Are there many other aim companies in with a shout of capitalising on 5G? Answer is no, either take a punt or don’t .
I don't want to take a punt and hope for the best. I want someone with a bit of knowledge of this industry to have a sensible discussion. Hopefully Tracylied will respond.
Tracylied has posted thousands of messages on this BB, all about Enet.
"We have therefore taken the strategic decision to focus on porting the ENET flow processing features on the ACE-NIC100 to accelerate performance of the 5G UPF data plane. This has resulted in multiple engagements and design wins for our ACE-NIC100 during the first half of 2020 with the potential onward conversion to multiple delivery contracts during H2 2020 and into 2021"
This is in writing from Ethernity in their results.
Design wins is a confusing concept. Basically their is a standard design kit where scenarios can be played out. All Ethernity products are standard kit compatible and vendors use this to run different specs to determine how to proceed. This will be done with a Ethernity tech overseeing the process working with the vendor. Several options will compete. Some lead straight to adoption and development some are for problems not immediate. The last 9 months has been this phase. Beyond the product will be lab tested largely for stability by the vendor for large or critical deployments.
You must understand that the Telecom will then sell many packages to clients so they need to test under multiple circumstances.
Ethernity are not the only player, I believe that they are the best. They will boom on just a tiny share but should secure a large share. Ethernity will be in most of the leading products along with many other vendors but they will not be exclusively Ethernity.
Out of the whole industry Ethernity is the only viable option with a decimated share price.
There is your opportunity.
That is very helpful. Thank you. As you say there are other players and some of them will have much deeper pockets than Ethernity but they don't have a bombed out share price. All depends on whether they can secure a percentage of the market, even a small percentage. They are capital constrained as we all know but I don't know if potential customers would care about that. Maybe if they think the product is good they won't care about that.
It's important to recognise that 5G is full of multiple challenges and not many are actually in the same market. Ethernity are unique in that they work in layer 2 and 3. This is why some contracts will be using ACEnic-100 but nothing else from Ethernity. That's why I say that Ethernity will end up in many installations.