Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
London South East prides itself on its community spirit, and in order to keep the chat section problem free, we ask all members to follow these simple rules. In these rules, we refer to ourselves as "we", "us", "our". The user of the website is referred to as "you" and "your".
By posting on our share chat boards you are agreeing to the following:
The IP address of all posts is recorded to aid in enforcing these conditions. As a user you agree to any information you have entered being stored in a database. You agree that we have the right to remove, edit, move or close any topic or board at any time should we see fit. You agree that we have the right to remove any post without notice. You agree that we have the right to suspend your account without notice.
Please note some users may not behave properly and may post content that is misleading, untrue or offensive.
It is not possible for us to fully monitor all content all of the time but where we have actually received notice of any content that is potentially misleading, untrue, offensive, unlawful, infringes third party rights or is potentially in breach of these terms and conditions, then we will review such content, decide whether to remove it from this website and act accordingly.
Premium Members are members that have a premium subscription with London South East. You can subscribe here.
London South East does not endorse such members, and posts should not be construed as advice and represent the opinions of the authors, not those of London South East Ltd, or its affiliates.
Not a bad update but more mentions of delays which can’t be helped. No one rushing to buy this morning though. I think the comment was right when non holders will see the 1 mil revenue and think Christ how is this company even public, without considering the future. My only issues is that we are about 2 years behind original forecasts now.
Agree, a very busy 2nd half for ENET, revenues gaining significant momentum to meet the forecast $6m.
All to play for, lovely stuff and looking forwards immensely to the rest of the year
GLALTH
The parts under David's 'Strategic Review' are really interesting, so much going on for such a small company.
Bod and Bid. Exactly
Pleased with results today. If the market focuses superficially on H1 revenue of $1m, the share price might drop, but this represents a little bonus for anyone wishing to increase their stake in what is becoming a diversified and rapidly expanding world-class proposition.
Well I think it's evident from these results how much time and energy has gone into their release, certainly nothing 'minimal' about them! Nice first statement from Yosi and the technical stuff from David is very detailed. Can't understand people selling on news that is 6 months old but that's their business I suppose. Plenty to look forward to here.
Hi skid
You have to be careful not to say things that I didn’t say!
I never said they weren’t fullfilling their legal obligations.
My comment was in respect of your post where you said words to the effect that you were happy they were concentrating on the business and not fluffing up the sp a few pence with ir. My view is and was ENET must give their all to all aspects of the business. Of course they do the legal minimum, and more, that is and was never a question, least of all from me.
Hope that clears it up
All the best
GLA
It is clear that the DU market is huge, outside of China 1 million units over the next few years. The Ethernity DU product is in testing and field trials this year with deployment 2022. This fits with the Dish timeline well.
Ethernity are out in front in the DU market.
What is obvious reading through is how the Ethernity portfolio has broadened to pick up multiple aspects of deployment to secure huge market share. This is demonstrated by the TietoEVRY collaboration where the Ethernity solution is coupled with the TietoEVRY product to bring to market a complete solution for private networks. As we see from Dish that private networks will be huge.
Ethernity moving forwards on all fronts. Modest H1 $1m income as expected but H2 estimated at $5m if they are to hit targets. Mass deployment on multiple products looming.
UEP product chain is looking to become a substantial near term revenue generator.
TietoEVRY collaboration is of great interest given their scale and market reach.
H2 2021 is a very big and busy period for Ethernity that is clear. As shareholders we need that to convert to news. Here we have disclosed forward looking early stage revenues.
Ethernity are building recurring revenue from the likes of the UEP range whilst exposing to huge growth markets that are just beginning.
It is clear that Ethernity are well positioned and leading in multiple new markets.
Lots of positive feed and the standard covid concerns.
Overall an extremely positive position that deserves to reinstate the up trend.
Yep, will have a proper look through later on (and hopefully dallo might comment as well given his background..!)
Aaannnd relax …..
Uhlf.
Your view that ENET are not fulfilling the legal obligations and responsibilities of their AIM listing needs correcting. Read the AIM rules, these do not provide onerous reporting requirements on companies but are very clear when an rns is required.
So it's then what individual shareholders see as best IR practice.
Hopefully the company are in a difficult poistion, with many transformational irons in the fire nearing contract but not yet there but due in H2. It is difficult to set the right tone between bullish and conservative in these circumstances in an update.
Profit chasers are investors who arrive when a company makes a profit. I am more interested in those who go for the journey. People who understand the product and how it fits in with others. Ethernity will have people arriving when they make a profit they are two a penny. Support now is much harder to find. Ethernity could do that with a very knowledgeable group of tech investors from the Israel tech sector. Many work for Israeli tech companies and want to invest in Israeli tech.
A important lesson from Jewish communities globally is that they buy from their own and sell to everybody. You have to understand the siege mentality they have from years of survival. All day long they will back their own horse.
However Ethernity are asking a bunch of Brits to back them excluding their biggest supporters.
I didn't think that I would have to spell it out but I hope now that you understand.
Not sure what ‘profit chasers’ are. I assume we’re mainly long term investors looking to make a profit, does that count? Or do you mean short termers? Weren’t you looking for a short term profit on some of your recent purchases?
Not trying to be awkward but genuinely don’t know what profit chasers are, but it sounds better than making a loss!
I don't value fighting for investors. The real support for a tech share trying to get out of the ground is from the tech community. Very few companies that I have seen are broadly respected as excellent employers and building excellent solutions.
Investors have very different parameters. The people I speak to are in the industry, have substantial disposable income and want to be part of the success of the solutions.
I am not interested in profit chasers every share engages them. I believe that there are hundreds of would be investors amongst the peers of Ethernity. These people know their kit and cannot buy shares.
Hi skid
We’ve done this one before. I respect your view, but it’s not a question of getting the sp a few pence higher or ENET picking and choosing which bit of their responsibilities as a plc and to shareholders they are going to take seriously.
There are all sorts of reasons why you absolutely must give it your best shot on all fronts. And I don’t mean fluffy news.
I mean getting your message across to the investing community. It’s vitally important and goes way beyond a few pence. It enables further funds to be raised with less dilution, it may help to prevent a low ball take out.
I’m sorry, but it’s simply not acceptable to say we’re too busy with the business to properly discharge our other obligations. That is not on.
All imo.
Do need the news in h2.
Uhlf.
ENET are perfectly suited to AIM, they can provide very limited reporting whilst hopefully building a world class company without the BOD being distracted by burdensome IR. They are complying with the very, very limited requirements of AIM.
The average price you and I have bought at reflects the fact that we have seen an opportunity the market hasnt and the share is mispriced by a very large margin, so we have / are currently benefiting from the lack of / conservative IR.
As a LTH I hope I am happy that David and the teams focus is on business rather than keeping me happy with a current share price a few pence higher. As ever time will tell, we do need the news
I hear what you are saying uhlf although funnily enough I’ve been keeping an eye on kape ever since Dallo mentioned them and from my observation they release news almost as infrequently as enet and their BB is non existent . The difference is they are reporting actual business I guess. We’re still speculating on most levels. As has been said many times now it is all set to change here . Atb
Re the debate on listings, you could be listed on the best exchange in the world, but if all you’re going to release in the last 6 months is a poorly explained minor revenue contract then you will struggle. I’m sorry, but these guys are not up to speed with AIM , let alone Nasdaq, TASE or anywhere else. AIM is certainly not the problem here, just look at KAPE if you want proof. These guys wouldn’t last 5 mins on Nasdaq, they drastically need to up their game for that.
Don’t get me wrong, I’m a supporter of the company and long term, but they have to help themselves. They are simply not doing that, for whatever reason. The story will come out in the end, that’s fine but certainly not good enough in that manner for NASDAQ and their investors.
Sorry to be blunt but it is, imo, the truth.
Get it right on AIM first then we might be able to talk about other exchanges/listings with some meaning.
All imo
GLALTH
Thanks for the trip back to my youth - just listened to it and yes it was commiserating, not really apt. I'm pondering if to buy more at the moment.
Yep must be tricky, I remember giving my experience of a dual listing not being that favourable to the uk side of things . Nasdaq would make everyone happy I’m sure but that is a while off. Kit ha I typed it then was trying to remember who sang it . Think the line ends with commiserating, which is not what I want to happen here!! Atb
0123. I bring it up again because I was talking with a friend in Israel last night and he wants to buy but can't. He asked me to get some for him but it is potentially tax evasion so I declined.
His bank doesn't list any AIM stocks for trading and cannot open an online trading account. Can't be the only one.
01234 - are we doing quotes from Blink182 now lol.
We’ve had the whole dual listing convo before here. Glad it’s not just me going slightly stir crazy. Watchin, waitin, anticipatin. GLA