Member Info for bidnolid

This is actually amusing to watch - Wints walked it up to 34/37 yesterday on no volume and have just shifted it 35/38 again on no volume. They will now be selling at a small profit if they get a buyer.

https://www.bloomberg.com/news/articles/2019-08-21/what-is-edge-computing-a-potential-threat-to-amazon

It's a pretty blunt tool to be fair. If you like technicals tradingview is ok - has all the main TA analysis although I don't really find TA that useful on penny shares. I used to subscribe to small company sharewatch but haven't renewed my subscription this year as I got a bit bored of the same names appearing. Quite good for ideas etc though if you're still quite new to it as the guy def knows his stuff in the smallcap space. You could also try a free trial on Research Tree which gives you access to the broker notes etc.

Let's hope so. WINS are both sides of the market so it does seem like they're trying to edge the market back up to where they'll be in profit.

I don't hold it in very high regard but britishbulls has now confirmed a buy signal on ENET. Make of that what you will!

Yes I agree, I've got a lot of respect for Polar - have owned their PCT.L for years now. Explains those SI trades recently.

Has someone had another nibble? MMs messing about with the ask again..

Yep doesn't sound far off. Pretty sure Cadence haven't got any ammo left so hoping for a decent relief rally.

Thanks for the info gharri. Whether it's all down to you or not, this is now back above my average so I'm much happier now!

Seems odd to have a 10% up day on a trade of under 1k notional unless there's a buy yet to be printed?

Yes it does make it very difficult, although that's part of the appeal for me as well - not many people will give it a second look but for those willing to persist there could be a lot of money to be made by joining the dots. From what David was saying at the AGM, the companies are the ones requesting anonymity and Ethernity are not really able to fight it as it's a total dealbreaker.

@super - if you don't get a response this week let me know as I can try asking the same question (I may get a faster response having been to the AGM the past 2 years running!)

Also, good to see a lift of the ask and a small trade at 33.85. Moving back in the right direction hopefully.

Hi Super, I don't know what happened with this either. Certainly been no updates on whether it's now producing a revenue stream. There's a contact for someone at Advantech on that article though as well as Lior at Ethernity. I've always had a response whenever I've emailed ENET (usually Mark or David) so would def be worth asking them.

Just spoke to my bookie - bidding for plenty here (350k). I just lifted 50k but had to pay 2.6999

Bit disappointed with my purchase earlier in the week - surprised to see it drop so much but these are the joys of AIM I guess.

Is anything expected next week or is it more out of hope than anything?

Yes the 70%+ margins are going to be very helpful for a speedy ramp-up of revenue streams.

Yes I keep forgetting we'll get some more news from them in September. Really needs to show that the direction is continuing with the recovery in revenues and either a maintained or improved target of cashflow breakeven. Would be great if they can get this US deal signed before the interims as I think a couple of pieces of good news in quick succession will really put a line under the recent SP weakness. I agree on the TLV listing, although I can't see it happening. Mark is extremely cost conscious and I'm not sure he'd see an ROI for it just yet. He was saying at the AGM he wouldn't even approve a new coffee machine for the office!

Doesn't seem like there's anything conditional about the money - he's talking like they've already got it in their bank account!

Reckon we could have to suffer the 20's again - 30k sell at 28 is not ideal..

Yeah the lack of reliable numbers from the Fiberhome deal just makes people unsure - markets are twitchy and people don't need much of a reason to sell. Near term the revenues are going to come from the UEP as this is an existing market. There's some decent volume today - I'm not sure why large sells would show up on the day of the AGM (maybe some people were hoping for a rabbit out the hat or some other announcement) but I'm confident enough in this one now to add more.

Just back from the AGM - fairly short and sweet but certainly positive.

Mark and David very relaxed. I was the only shareholder present. Couple of NEDs there, Neil Rafferty the only one I know. TL you were right - they didn't want to release an RNS on Fiberhome as they can't give any figures. In effect, they have to wait for the customers China Mobile to deploy in order to see revenues although when they come they should be significant. More importantly the US deal is pretty close - I could only pin him down to 'this year' but I got the feeling much sooner than that. Sounds like negotiations have been quite tough. They are also in discussions with another tier 1 who is ready to sign on a new product which isn't even released yet, but they have intentionally deferred signing anything so they can be more certain of delivery timings. David also said this particular company is so keen on the news being kept quiet they didn't want them to announce anything at all if they signed - seems like some of these big players are jostling for position and first mover advantage in what is still a totally new market. I suppose this highlights the issues Ethernity face as customers want exclusivity which is something they are not willing to give.

Asked why Mark and some other directors don't own shares directly and it's because something called 'rebuttable presumption' where David and Shavit own over 30% so if Mark were to buy shares they would be deemed to be in concert. They are going to discuss a way round this today as Mark would very much like to buy shares if they can agree on when an open period would be.

Sorry notes are a bit rubbish - I'm encouraged by the meeting today but I still think the game changing news might be a couple of months away. I definitely believe we'll be looking at a much more valuable company in 4-6 months time, just depends if you can be bothered to wait that long.

Yup, I guess more meat on the bone required..