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On a serious note, it does leave me feeling a little flat the way things have panned out on the bulletin board side of things.
TL, Dallo & now Sergi, are a great loss to the chat just when ENET is starting to bubble up, obviously I appreciate all posters contributions, uhlf , 01234, Olderandwiser & skid35, fairview to name a few, great times when you’ve all been bouncing off each other with news.
Thanks all.
Well I’m good at turning lights off in our house, so I’ll leave the chat last, then lockup ??
Careful not to trip over all those dummies that have been spat out this morning :-)
Please remember when these “evil warrants” get converted, ENET get the cash £7.2M, fresh new money to help them grow, it’s a big plus in my view.
From the last placing RNS…
The New Shares are being issued under the Company’s existing share authorities.
As bidnolid states, it’s standard stuff.
Is that you Marcal?
Glad you’re still looking in on ENET, hopefully you’ve made some money, and your pleased the 60p target has been met.
Don’t all start falling out, just as its coming together.
Only 19 days ago we had…
Ethernity Networks Receives Breakthrough $3m Order for FPGA-based 1G/10G PON OLT SoCs
ENET’s biggest order in four years, since the IPO.
Certainly looks like the business is going in the right direction, we just need patience, and let our partners sell their/our kit.
Yes gents, I stand corrected.
It’s a slow day for me today, not much happening anywhere, might go and MOT my bike.
Last time it was out, was last years MOT :-)
Larger trades and the infamous double tap from 5G IF, (the gift that just keeps giving and giving), getting printed in real-time, is a show of strength for ENET’s stock in my view.
Now I’m not a WSG knocker but I had to smile when I read this line in this morning’s RNS…
“Due to ongoing Covid-19 related delays, this is now expected to take a few days to occur”
Just a lighthearted observation.
We could almost say, ENET will never need to raise money again.
Funded through 2022, then raised the latest £4.2M, now 5G Investment fund have topped us up.
Hi ColinL1, I’m probably one of many that doesn’t understand every detail of ENET’s tech, but Tarana is a customer/partner of ENET.
ENET makes the “special sauce” that makes all things possible.
Tarana do well, we do well basically.
I agree Disciple, I’m not far off 40 years in the market and have had more than my fair share of dogs too, with a sprinkling of dishonest directors.
Lost a fortune in Aero Inventory to name one, about 240p then the directors realised they didn’t actually have all the plane parts in stock, suspended and disappeared.
Great feeling being in ENET, and when we get a proper bagger it can wipeout all those years of pain.
Since joining here in March, we’ve been up to just over 60p back down to high 40’s, back up and then the recent dip with the, you know what.
Only ever adding, because as the story unfolds I realise I’m lucky to be involved at this stage of ( I take the pea out of this saying) the journey :-)
TL and the other LTH’s have helped piece together the web of opportunities for ENET, largest order in four years has just been announced, for me, ENET is not at the stage of top slicing, nowhere near.
Forever the optimist, but these opportunities don’t come around too often in your investing life,
example is when David recycled a profitable investment in web-based portfolio analysis and asset pricing services company Statpro into ‘system on a chip’ processor company Ethernity Networks (ENET:AIM).
That gave him a starter position of five steps which he has subsequently added to, resulting in an eight-unit position.
One of the advantages of David’s system is that mistakes are quickly weeded out and don’t hurt as much as they otherwise would because they tend to be smaller positions.
One of the traits of the technology sector according to David is that momentum can be a key driver stock returns, so he reasons that adding to already winning positions should be rewarded over time.
In a nutshell David is looking for an attractive growth narrative, a good management team and evidence that the shares have positive momentum.
David believes that his baby steps approach aligns
David is excited by Ethernity because the company’s programmable’ chips might play in the next generation or 5G phone networks
his perceived risks with each position size and therefore allows him to ‘sleep at night, which is also important’.
One drawback is that if an investment works ‘out of the blocks’ the performance is diluted by its relatively small portfolio weight.
KEEPING CASH ON HAND
A further trait that David has adopted from reading about Livermore is his insistence on keeping a cash reserve (a lesson Livermore adopted late in his life), in David’s case around 10% of his portfolio which he described as ‘untouchable’.
One of the reasons that David
is excited by Ethernity is the potential role that the company’s ‘programmable’ chips might play in the next generation or 5G phone networks.
The chips can be programmed in the field and process data
in parallel as opposed to sequentially which significantly reduces latency and power usage.
David explains: ‘Ethernity’s ACE-NIC (network interface card) is currently the only SmartNIC with a router on its FPGA, (field programmable gate array) and its technology is protected by patents.
‘It can save up to 80% cost compared to software-only solutions using CPUs. It has been optimised for telecoms over 17 years.’
David has found it a good discipline to map out his thoughts and investment decisions through an investment blog which he updates regularly.
Looking better & better.
It’s gonna get busy on here gents.
The 14:54 pm trades are probably 5G Investment fund sales, 2 x 50,000
Well if we’re not making plenty of money at the moment, we never will.
At the last interview It was kinda insinuated a good Christmas should lead to an expectation beat, must be on the cards after all these staff retraining & shortages.
Win win all round.
Olderandwiser, totally agree.
No comparison, just pointing out that if you’re new and inexperienced there’s easier ways to invest in the stock market.
Just used SDV because it’s been good for me, 86p to nearly 250p, then down to about £1, then recently back over 230p.
I’m sure you found over the years, that within reason, most things go back up after a sell off, I don’t panic like I did when I was younger.
uhlf, your answer is more detailed than mine, don’t make me look bad :-)
Sharetime, sometimes it can take what feels like an age to find a company in the position ENET is in at the moment.
Major development done, customer relationships built, increasing orders for ALL their tech, which is fantastic. Not just a one trick pony.
But then it can all still fall apart (which I don’t think is likely).
Investment trusts are a great way to build wealth over the long term without all the worries of single stock selection.
Off topic warning:
SDV have been great for me over the last 10 years or so, no one noticed them, wrote about them for years, they occasionally get a mention in an odd article over the last 6/9 months.
Not life changing, not exciting, but an easy hold.
There’s lots of investment trusts to choose from.
Not telling you what to do, just trying to share my 38 years of investing tips.
Regards Martyn
Personally warrants aren’t something to be afraid of if you’re an existing shareholder, because the people who exercise the warrants at 60p are,
1, buying at a higher price than we are at the moment.
2, their money is going to the company you own shares in.
They may have been given the warrants as part of the fundraising, but they still have to part with 60p to turn them into shares.
Now if the warrants had an exercise below the current price, ie: the price of the last fundraiser, 35p, that’s a different matter altogether.