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Yes. I think that there will be 60M of outstanding shares on the longer term
Uhlf,
Agree that's why I said 2022/3, but Hopefully the market will partially price the company later this year on expectation.
Hopefully this year a nice steady news stream to take this into the 40's and 50's q2/q3.
Hi Dallo
I’m interested in your comments re the impending new chairman. We know that the process is at an ‘advanced stage’ and that we should be hearing who it is by ‘early next month’. I think we can conclude from that we’ve got our man, subject to t’s and i’s, or it could be we’re down to the last two or so.
In my experience I’ve rarely seen much in the way of sp advancement from the appointment of a chairman. I think the reasons for that are that generally speaking the company is already set on a course, but whilst the right chairman can open doors, give sage advice and act as a force for the good, non exec chairmen are not the driving force. I note you say ‘highly significant’ with ‘corporate finance experience’. Are you looking for the new chairman to oversea a sell off of the company, or to help raise further funds, or partnerships or all of those things?
Re important for the credibility of the company, do you think that ENET lacks credibility or is it more than a heavyweight could add to the credibility that, to me, ENET already has in it’s chosen field.
Finally re a ‘huge boost to the sp’, have you ever seen this happen elsewhere? I’m sure there are cases, but, imo, it’s rare. Unless we’re bringing in Bill Gates then I would expect a RNS of the chairman to produce very little effect on the sp. And I will be delighted to be proven wrong on that one.
In closing, what kind of Superman are you expecting Dallo?
You’ve sure set the bar high in terms of anticipation!
Come on uhlf man OR woman. Don’t offend Cheryl
Humblest apologies 01234, I stand corrected!
Come on down Superwoman!
Think someone (TL?) postulated earlier on the thread we could see a chairperson/ TU all bundled into one. That seems a distinct possibility given the ‘early March’ expected time line re appointment of said chairperson.
ps, is it just me, I seem to get adverts on this site of ‘ladies beachwear’ !
Or do they know what I’ve just googled!!!! ??
Lol definitely tailored algorithms uhlf , I usually get bike parts and strimmers. So annoying and I’m obviously shopping for the wrong gear. I’ve got a question with regards to the new chair , could they already be shareholders to any extent? Not hinting at anything there
Uhlf
My point about the Chairman is basically that very few high calibre, high profile
names would take up the role in a tiny Aim company with a market cap of just £20m.
So that is why the person being appointed should reflect the ambition and potential of the
company and reassure the Market that it can attract a serious player as Chairman.
Most serious professional Directors would not join a public company of the size of
Ethernity unless they were totally reassured from a reputational viewpoint and also convinced of
the future success of the company.
That is why I am awaiting the Chairperson's appointment with interest and I suspect the market is too.
Hi Dallo
Thanks for the reply.
It sort of sounded from your first chairman post that you had very high expectations in terms of the calibre of person and their ability to affect the company in a positive way and for their appointment to be a serious trigger point in pushing the shares on.
I think what you are saying in your subsequent post that this sort of person is hard to find , which I would agree wholeheartedly with!
As you say, given ENET’s size, limited financial resources, limited market penetration to date then to land a big hitter would indeed be a coup.
Like you I await the appointment details with interest, although my expectations are modest . It sounds like your expectations are a touch higher than mine, all well and good and I hope we get a very suitable chairman.
That’s batted that one about enough, as we should know the name soon enough
ATB
uhlf
So what are the significant triggers for share price appreciation on a large scale. In no real order.
A contract for the under joint development DU product with 1-3 server manufacturers. This will attract a substantial payment and recurring royalties over many years. 0-9 months.
First 5G appliance sales through integrators 0-6 months.
OEM sales of 5G solutions using Ethernity ACEnic-100 and code. Resulting in orders for more devices. Recurring royalties or income from direct sales.
Results of field trials in China and approval of the UPF and ACEnic-100 used in third party solutions. 0-6 months. Resulting in a possible substantial payment and recurring revenue from sales and royalties.
Partnership with TietoEVRY or Fiberhome delivering a substantial order for joint products into new markets. 0-6 months.
Increased revenue beyond expectation from a combination of the above. Trading update or interim.
Progress in any will double the share price progress in more....
Sergi I’m not sure anyone here is actually invested in Napatech? Is there a link I’m missing ? ATB
Well, I think that Napatech is a closest competitor, so is great to follow them.
Also, at the minute 31 I ask them about 5G, competition, Ethernity, and critical components shortages.
IMO it can be interesting as Enet investors.
Gl
Nice list TL, although you’ve left off the ‘huge boost for the SP.’ as per dallo IF we appoint a chairman of sufficient gravitas.
Ok Sergi thanks please keep us updated
Thanks tracy.
What really does surprise me is that the market is pricing ENET on the expectation that not one of these will happen, or if they do happen will be more less material than expected.
This despite evidence of progress on each one.
I wonder if we are playing a part it this, sounds right up our street?!?
https://www.sdxcentral.com/articles/news/hpe-debuts-open-ran-stack-under-new-telco-group/2021/02/
Sounds interesting to say the least!
https://www.hpe.com/us/en/newsroom/press-release/2021/02/hewlett-packard-enterprise-paves-way-for-mass-deployment-of-open-ran-in-5g-networks-with-industry-first-open-ran-solution-stack.html
Kitlow the DU solution within a CoTS server could easily be included if HPE are one of three. Major OEMs will always want to provide a end to end solution but it is actually completely contrary to the open principle. This role should be performed by an integrator. The major OEMs are uncomfortable to release that grip.
Yes, I'm starting to understand this alot more recently (slow for all the tech stuff to sink in for me!). They could still build this with our tech inside but try to keep it as a package (contrary to the open theme) and when in the article it says " 5G Core trials by Orange and HPE", those are european and US based companies. Just my imagination running wild possibly!
No deployment will be won or lost by one entity. Ethernity model is as a component supplier with end to end solutions. In fact now Ethernity has a end to end capability but I don't think that any integrator is likely to select everything. Ethernity will supply component functions in many systems from mainstream providers. They won't make the headlines at deployment.
Yes exactly, small slice's of many pie's makes for a feast - especially when you have a sub £20m Mcap imo.
Exactly and it also translates to very low costs to maintain that position. This leads to very high margins especially on virtual solutions.
The answer to why the market doesn't see it yet is because it is complicated. You have to dig beneath the surface to see the roots. The market just buys the flowers. Once Ethernity becomes associated with a flower we will get attention but I suspect to see true value we will be waiting for the proof in financial terms.
What is significant about the article is that HPE sees OpenRAN as a real viable thing. Ethernity need open networks to sell their products into. They cannot work within ASICs environments as there's no interoperability. What we see here is the network, what we are yet to see is devices connecting to the network.
Future markets for Ethernity.
Brian said recently that he believes that we'll see "private networks" in true 5G before mainstream public access. I think that he's right and these will effectively be the field trials of mass deployment.
Ethernity has major exposure and major potential with nothing or less than nothing priced in. Even if the share price never achieves a proper market valuation we can still expect many multiples of the current cap.