Member Info for dallo

Escape
Fair points.
In the long run we are all dead so hanging around in a share for years with no progress is madness.
However I personally feel Ethernity is making progress and is a good risk reward given its market cap of £30m, the contracts signed and its patents and IP.
The key question is whether management can deliver next year and demonstrate its competence in driving revenues forward.
I still believe it will but I am no longer an uncritical observer and will want to see major progress next year.
ATB DYOR

You made a small profit...I meant

Sergi
Best of luck
Hope to made a small profit.
I am hanging around until middle of next year and if no progress will head for the exits.
ATB

Uhlf
I have been in the markets for a long time.
Ethernity management has gobbled up investors money over the past 3 years and we still haven't seen any return.
Next year is do or die for management and investors in Ethernity imho.
No more excuses will be accepted by the market imho
ATB

Uhlf
Fully agree
Only real performance by the company and its management as evidenced by growing revenues and cash flow allied to a rising SP are the ONLY true indicators.
Major disappointment abounds after yesterday and management has a major task ahead to repair investor confidence and its own credibility.
SP heading back to placing price is a real downer.
Still a believer but now much more critical until I see real progress.
ATB

Sounds you are not a believer anymore.
Any reason why?

And the losers drink alone.
Here's to the Ethernity party next year in London or Dublin..my treat.
If not I will be on the wacky herbs in the Amazon thinking I am a God

Sergi
I share your thoughts but the Indian, Tarana , China contracts alone allied to the market cap of just £34m plus cash from placing and prospects of warrants being exercised plus 3 individuals and 4 Institutions owning 50%( 2 Directors with c22%) gives me some comfort regarding risk reward.
Even in a fire share with existing contracts and warrants exercised Ethernity must be worth north of the current market.
If I am proved wrong I will be in hiding in the Amazon jungle ...from Mrs Dallo!

01234
What have they got their underwear in a knot over Errol Flint the great Australian actor

Sergi
Indian contract $8m , deferred revenues $2/3m, China $3m, Tarana $3m plus UEP 2M plus legacy businesses $2m.....being optimistic maybe but with my shareholding you have to be!!!

Errol *****!

Why ***** was censored I don't know!

I honestly feel that if there was no reference to the revenue deferral for 2021 ( albeit correct and absolutely necessary from a market disclosure perspective) and the company only confirmed security of chips and parts supply for 2022 PLUS the forward view for 2022 based on EXISTING contracts the SP would have surged.
Hence a more considered and reflective review overnight may see upward movement tomorrow.
If not I will be in like *****.
DYOR

Sergi
Not me
Had a large order in at 44p but no cigar.
Will have a look early in the morning but I expect SP to bounce after serious review by investors overnight.
The Indian contract alone is staggering in its potential and we have not heard anything about Tarana apart from a cautious and oblique reference today.
Good to hear from you.

If we extrapolate from today's RNS focusing only on existing business alone and add a small bit of positivity to the numbers we can see revenues nudging $18m in 2022 without any new business.
So the panic today was in relation to the revenue deferral for 2021 and the market ignored the extremely positive outlook for 2022 and beyond.

Bid
Indian contract contain a licencing fee in respect of 800 units.
What we don't know is the amount of the licencing fee in relation to the $1.5m contract and whether the licence covers additional units ( once off licence)
In many contracts additional orders require additional licence fees.
Even if the licence fee is a "global" one of say $500k then the order for 800 units is worth $1m or $1250 per unit
A 5k unit order is then worth $6.25m and 10k worth $12.5m.
If an additional licence fee is paid per additional units then the figures move higher.
I hope I have got my figures correct albeit based on assumptions re licence fee but it illustrates the huge potential scale of this one contract which Mr Market has not picked up on today.
ATB

While the revenue miss is unwelcome it is not lost just deferred revenue.
We all knew 2022/2023 is the timescale for major investment returns so hopefully the next 6 months will show major progress by the company and give loyal shareholders something to shout about.

Skid
I fully agree that some new contract announcement(s) accompanying the update would have helped enormously.
I still think we will get some news on new contracts in early 2022 even though I thought it would have been sooner unless they surprise us !!

Knee jerk reaction to what is a realistic and reassuring update deliberately conservative and cautious as is the management style.
Security on chip and parts supply for 2022 to fulfill orders is very positive and these forward agreements were one of the main reasons for the placing despite what some posters said.
The SP will rebound quickly on more intelligent analysis imho.

Skid
I agree but the contracts that Ethernity are currently negotiating are much larger and more complex involving millions of $ while the previous licensing deals were relatively simple to execute.
I have no doubt that there are a number of major contracts under negotiation at the moment and David referred obliquely to one such contract at the EGM.
I think like the proverbial buses ,announcements of deals will arrive in numbers over the coming months.
I get the feeling that this driven management team finally see the light at the of the tunnel and are about to reap the rewards.
It has been a long time coming and now is their time.
That is why I am still a buyer and firm supporter but like life nothing is certain so we should always be careful...nobody knows or wants to know the future but that is why we invest....risk v reward appears excellent here but DYOR
ATB