Member Info for 13martyn13

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.

Morning all, Gibbo.
Just thought I’d check in & see how it’s all going.
Ticking along as usual I see :-)
When it comes good and the share price is north of 30p, I think I’ll make a graph of all the my buys & prices over the last 6/7 years and frame it.
A long landscape _______________________________ picture frame.
My longest wall in the house is up the stairs, so it had better come good soon before I run out of space.
Keeping the faith (too late to panic now) :-)

Great RNS day again for us & Proactive interview, all adds to the story.
Still plenty of sellers getting flushed out too, can only help in the long run

No never.
Some boards are terrible, but almost without exception, I like everyone on here, even though we’ve never met.
Posters are able to disagree without all the falling out.
Just having a beer at my brothers place in Wales overlooking the Dyfi estuary, sun’s out, just need some of my prices to increase now :-)

Hi Dallo, never expected that you had, and I wasn’t suggesting otherwise.
Just commenting on the updated info on Sharepad, knowing it was incorrect, as you are holding firm, but I was more highlighting the fact of incorrect information out there, that people believe, unknowingly that it’s wrong.
Usually me trusting info, but in this case I’m aware it’s incorrect.
Regards Martyn

Hopefully reputable institution investors.
When I look on Sharepad DD, it shows Dallo’s holding as ex-holding down 2 million, -3.361%.
Obviously not saying he has sold, but it shows how the information we read is not as accurate as we think.
It did show his 100,000 addition the other week though.

Reads great TL, thanks.
Should be very rewarding for us all.

Not that I’ve seen, other general market weakness.
I was hopeful of a rise into the Q2 results Thursday, still time I guess.

Very true bid, we all want to pay the best price for our shares, institution’s included.
Brokers make their money by pushing cash raises onto companies, earning high fees.
ENET’s recent mention of having enough cash through to 2022 must’ve been true, but I like to think since then, expected order inflows are sooner & greater than anticipated.
All of us have pushed the share price up over the summer, buying extra, when funds allowed, and feel miffed that someone has come in and bought in size at a discount, undoing all our hard work.
But ENET now have more than enough cash to instil confidence into our partners/customers, so that we’re strong & stable to do business with.
I think Sergi kinda mentioned, we’re getting ready to swim the big boys, in the big pool, this placing gives us the backing so we can pull it off.
In my time here, we’ve gone from waiting for delayed results and very little news, to orders coming in, Patent news, outlook improving, more company updates, GLOMO award recognition, exhibitions in the US, successful field trials.
Still to come..
WISPAPALOOZA event in Las Vegas October 11th-14th.
MWC Americas October 26th-28th
Open RAN World November 3rd-4th.
OCP World Summit November 9th-19th.
MWC Barcelona (2022) February 28th-March 3rd.
(All from ENET website)
Most investors worry about their companies having enough cash, avoiding raises if possible.
Well it’s out of the way now, and expecting greater news flow & order increases.
I’ve taken advantage by buying those 30,000 @ 36.5p, 9:37:29am.

Can never understand why these Board of directors let these brokers shaft heir loyal shareholders.
WIN opening price 35p - 40p, marking my holding down by over £45K, thanks team.

You’re watching as closely as me :-)

High-speed internet via airborne beams of light https://www.bbc.co.uk/news/technology-58583600

Off topic.
When Bobby Ewing’s Will was read, Pamela Ewing got the Hair & Beauty Salon, but when he woke up, and it was all just a dream, Pamela still owned the salon, spoilt it for me, details :-)

Whatever price we get, it’s a great endorsement.
A global OEM customer.
Successful field trials.
A US based internet service provider.
Orders Q4 2021.
Stands to reason if one ISP is going with our kit, then it will certainly catch the attention of others when we exhibit to 2000+ ISPs.
Also an RNS on a Friday