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Really surprised 2020 results aren't out - no complicated group structure, small transactions for what should be an easy audit and rubber stamp. I suppose the actual published annual report does.contain a lot of forward messaging, as well as More time for post close events.
Some movement
Lots of buying pressure. A trading update was most likely end of March. Now I suspect that they are waiting on the conclusion of a significant event. I don't need to know more right now.
They updated on first Tarana orders and will do the same from anything else I am sure.
40p is the realistic near term target for me. Maybe this week.
Are we going to 37p in the very short term?
I hope we have a Trading Update maybe in early May, and final results in late June?
BTW, Brian double-checked about the calls. They did consider holding CCs in the future. I hope they are going to do it. It would mean a lot and very helpful
Looking for the fabulous 40s in the next couple of weeks...
Yes TL, it will show red on open due to false rise, we have a good chance of Cambs saying we are heading for the teens or 20's again. Loads buying in today, nice change from the usual topups.
What a shame that it will start tomorrow red with the UT recording a mark up. Great day today, lots of money coming in from I suspect people who have discovered this emerging situation. It is rare to see a share so disconnected from the facts of their situation. We have been saying it a while but it is getting starker everyday now.
Yep another 230k showing now. Nice to get 3/4 of a million shares traded on a quietish Monday with no news.
Great to see and yet flat line. Suppose all will be revealed after 4 30
I'll put this in my diary, a day trades were over double the amount of comments! Looking solid today.
600,000 + traded so far, an hour to go, plus any delayed trades. Heavy volume for ENET. Wtf is happening! In a good way. Everyone woken up this morning and decided to buy ENET?
GLA
Yes, looks like we are perched on the edge of a move up. Added a few more. Still got powder dry to add again.
Won't be long now. Full price, MMs not competitive any more. They will move soon. 3-4% today will be the start.
This is why I am not expecting contracts for X units from any of the Chinese Telecom. I am hoping that Ethernity solutions and several third parties solutions with aspects of Ethernity products in get through the trials with broad exposure. Limitations will be performance, price, availability, size, power and probably others I don't know. Certainly the most appropriate will be a best fit.
I then expect the Telecom to either take integration in-house or outsource. The integration will build that site environment to meet a demand profile. Each will have a budget I guess.
The Integrator maintains this environment.
Thanks for the reply TL, very useful.
It's reasonable to assume that they will be testing in different environments and climates. I was told more than a dozen by a Israeli national who is in the know. It is reasonable assumption given that's only 4-5 each Telecom. The solution is being tested in stream with other contributors and with different combinations. The goal is to get parameters on the "approved" list for installation on X network. After that Integrators will build solutions for each installation based on the approved list where parameters fit. At this point the order goes in. The trickle forms a stream then a river.
The three markets bring UP market, DU market and the Tarana broadband market I assume.
Re the more than 12 trials, I know they are in trials but didn’t know it was that number. Is the public knowledge TL or your estimates or what you know, if you don’t mind me asking.
GLA
Ethernity are involved in more than 12 commercially deployed field trials in China with the 3 largest Telecom operators. They are also in several OEM products in China and across Asia. Sales will come through several routes and once they start will bud quickly. Ethernity are on the cusp of three new global markets.
Looks like 5G is making strong progress in China, this should bode well for ENET.
At what point do the three China telecoms start flashing the cash in our direction? Soon, I hope.
https://www.lightreading.com/asia/china-5g-race-taking-its-toll-on-operators/d/d-id/768369
bid
I’m afraid not. Also it wouldn’t surprise me if they are able to sell forwards, knowing they can get more stock from ENET.
Having said that and to be fair 5G have not been an aggressive seller. They have shelled out the cash recently but have not asked for shares. So there is the possibility that the current hold up in the sp is not down to them, although that seems the most likely of explanations.
Depends to a certain extent on how commercial an outfit 5G are. We know absolutely nothing about them.
400,000 + traded already, mainly buys. If we see a period of increased liquidity then the good news is we can soon chew our way at whatever 5G throws at us.
Word must be getting out!
Like to see us trading millions per day, then no problems shifting any over hang from anyone
GLA
Uhlf any guesses as to how many they might have left, I've totally lost track of the situation
Trading pattern changed significantly today, I hope there are some LTH's in all the buys, the herd hasn't arrived yet but some new blood is very welcome!
Guess so, it’s like going through wearing a set of braces with them, no pain no gain. I Can’t wait to get that pearly white Enet smile on my face!
5G fund up to their old tricks?
300k+ buys and no upwards movement.
Must be large balancing sale in the works, imo.
Sooner we get rid of 5G the better.