Member Info for 120712

01234 - Muppet seems to be a word that you consistently use with anybody that questions your views. I can send you the messages posted if you want. I imagine that you are therefore a fan and probably a Gonzo look-a-like. Next time maybe you can just shut the f___ U_ and continue to concentrate on being a 4 letter word starting with D but ending in K and adding to your thousands of posts. At least that is one way of being famous and a loser.

Thanks Escapetohome.

Wow 01234 I am a dude, that is a compliment. What is the real meaning of a dude?
"Dude is a slang greeting term between men, meaning "guy" or "man." So we must be friends:-)
At least this exchange has added to my number of posts. Only 2000+ to be important.

A few points. You **** off people, like Sergi, when they make a good call. You are not an asset to this Board just an arrogant investor that gets kicks from telling everybody that this is a strong buy when there is no reason for that recommendation; probably done to get you out of a hole. I am in this long term and I don't need to post stupid comments every day or try to be deemed as important. I wish you very well in your investment in ENET but I bet you will be the first to get out when you can breakeven.

And 2800 posts makes you the expert or just an ideate.

Well 01234 I do think I know more than you. I probably own more of this stock than you as well so why don't you go back to putting your head in the sand where it has been for so long!

If it was $3.5m I would be getting very excited but the company is still a long way from showing significant growth when the market is growing around it. Two sales wins in 2022 is just not enough to convince anybody to buy this stock.

So Skid what you are saying is more of the same is the only way forward which means ENET will probably miss even their lowest target numbers for 2022. I agree that Ethernity doesn't have a tradional sales team as sales sits on DL's shoulders. So he is CEO, VP Development and head of Sales. Too much for any superhuman of a listed company. We will then get more of 2023/24 being the years of breakthrough. Sorry I have had enough and will be one of those less vocal people in the past that has been a shareholder from the start who says time to get out (if you can).

Thanks for the link which is great for the market but Ethernity don't have a sales force and are not talking to Vodafone so somebody else will be benefitting from this news not Ethernity. Now if a follow-up announcement about Ethernity having a relationship (or even a contract) with Altice that would be news.
You can tell from the lack of activity on this Chat Room that most of us have given up. No sales news, and probably no prospective new customers. Numbers low and getting worse. How can you have any confidence in the future unless there is change in management that will bring in new blood to a dysfunctional business.

I was hoping for the half-year results and we get this news instead. What is going on??? Their seems to be some fundamental issues at ENET that are not being addressed by the Management & Board. The last RNS, just a few weeks ago, announces the successful deployment of the UEP product to an international wireless company (I assume the same company relating to todays RNS) and now they say the contract has been canceled. The reason for cancellation revolves around delays, no smoke without fire. Unless we have some positive news with the half year results there needs to be changes at management/Board or at least a plan for change otherwise this business is down the tubes.

Where the half year results? They must know what the numbers are by now and holding back results is even more concerning. Could be more bad news on the horizon. Let's hope not.

Half year results likely delivered in mid/late August. Let's hope its good news, although I have some doubts.

Fredelm
Annual Report came out late June.

Worth a read of Napatech's 2021 Annual Report as this a competitor to ENET. Interesting that they have released their Annual Report in March. No sign of anything from Ethernity as yet for 2021 but as and when it could be a useful comparator.
Key numbers: Revenue - $29m, EBIT - $6m, Cash - $5.8m, Market cap (which has suffered recently) - $107m, Headcount 81 people.

It's all about sales, as you have said time and time again, and I really don't know who manages global sales at ENET as they don't have a VP of sales. Maybe something for the company/board to think about?

I have looked at the investment presentation for the end of 2021 and if you look at slide 8, the graph forecasts revenues this year of circa $8m with $15m in 2023. If ENET hits these numbers I believe all is good as the SP will recover even with 5g there. We just need that new sales contract to be announced and not more product updates. This should be a sales driven company not just a development team taking money to fulfill there technical vision which if the case will ultimately fail. I am a new investor and this is a good board but we all need more from DL , SB and MR to gain confidence. My concern is that they believe this is a very long term plan (even though the market seems here today) and if this is the case several additional fund raises will kill all the early investors and even management. Time to deliver ENET.

Looking at the last audited accounts the only investors, currently on the Board, are DL and SB; both have been very supportive since the IPO. No financial investment from the new chair, which is worrying, as well as the other independent Israeli investors. Might be an opportunity for the new non-executive promised to show support when he is announced and buy some shares?

01234 - Thanks for the feedback. If this is what the Board is all about I will drop it straight away. I know more about this business than you could understand.

Bid - Great info but when are we going to get more news about contract wins. It has been a long time coming. I am a holder but patients is not my strong point.

Come back Tracy and Sirgi. Please