Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Hmm.... If 5G IF have been selling.... under 5% RNS?
I think the nibblers are back.
Sittin and waitin - SAW
'Rohypnol'... I have an alibi... I was with Shirley..... best check your house for a lost parrot or dropped eye patch.
uhlf spits some of them out....doesnt like the taste of the ones laced with pain killers.
I leave the chocolates here. Where do you think I dash? She's more fun.
I almost put Shirley's sister on the darkside.... surely the bottom.
Restoring the original design = component shortages easing?
My understanding is component shortages are starting to ease.
Hey, we are all adults, we are all different, so it is OK to to disagree on some things.
GLA and take care
I know this won't be popular but I thought the RNS was perfectly acceptable.
Was is perfect...that depends on what you want from it?
It confirmed what I assumed. Big picture intact and some delays.
I also think too much focus on the negatives.....there are some positives in there if you look.
Also, IMHO no chance of a buyout <$250m
IMHO, this is when the real money gets made, contrarian investing separates the wheat from the chaff, anyone can sit on a share that goes up in a straight line.
GLA
I made a small nibble today........... at a great price.... a gift from the market.
I won't be the only one taking shares from weak hands.
GLA
I think part of the problem is investors like to understand exactly how a company works - ENET are cutting edge tech and everything that goes with it. Is it ENET's job to educate investors about this?
Do you really think changing specs as you go along is something odd?
Look at the big picture, they are in talks about what will get manufactured ... good sign?
Regardless, I reckon the selling will dry up soon.
GLA
@u
It has left you and some others scratching your head...not everyone.
GLA
too many caveats = no point
I need some food... bye.
uhlf.... not you in particular... so do not take it personally.
There are still unknowns, so the update was never going to be very detailed or it would have been x5 longer to explain all the caveats.
The thing is I am not sitting here in a bad mood or gloating... I'm feeling very relaxed.
ENET management have a lot of skin in the game.... they will be doing their best to get this moving ASAP.
Take care
OT - some good rugby this weekend. Kurt Zouma and West Ham/Moyes..... tut tut.
GLA
I suspect the figures given are conservative... they do state upside.
GLA :o)
Well, some insisted on this update.... Happy? Who got it right and who got it wrong?
If you did your homework then you would have known the general content in advance.
Also considering the general market backdrop there would be some selling.
This confirms what the sensible posters have claimed..... some delays but essentially all on track when considering the big picture.
Component shortages are going to ease, Tarana will ramp up, CV will fade, etc
Not selling, sitting and waiting... I'll be buying more at these levels... I won't be the only one.
IMHO Still the best r/r on AIM
Must dash.
GLA
Hey, were adults so it's okay to agree to disagree.
Maybe I make my posts too short because I assume people will fill in the gaps.
My thinking is to see this from the perspective of ENET management. Considering they might have been thinking this in the summer with a possibility of worse second wave. I suspect they contacted their customers and asked them how many units did they think they will be ordering in 2022. I suspect the reply was 'we don't really know, there's a really large range depending on things outside our control, so anywhere between X and Y, sorry that it is a massive difference and not too much help'. So what do ENET do?
Realistically they have to buy enough components for Y, with some caveats, because if they get caught short on components when they could have bought them, it would be seen as an own goal.
I suspect the difference between X and Y is so big that it is bordering on pointless to convey this forecast to the market, especially so if they think clarity is round the corner.
My guess is they have bought enough components for Y, but there is a very good chance that depending on potential delays outside of their control some of the sales could get deferred into 2023 - that is why I refer to sales going over into two years.
You are adamant that there is a direct correlation between an ability to make a reasonably accurate sales forecast, for which they can be held accountable against, and an ability to buy components. I disagree - it is quite easy to make a few phone calls and workout the maximum number of components you might need - it is a lot harder to know how many components will end up as finished products in the hands of paying customers.
Hopefully, I have explained why I don't think there is a direct correlation.
GLA
RE: 'Or to sum it up it’s simply not a credible position to tell investors that they will meet their growth plans for 2022 without stating what they are! Then to rub salt in the wound, order sufficient components for 2022 , showing they can clearly forecast, yet tell us squat.'
Can you imagine a scenario where they bought the components yet still won't be able to forecast?
Maybe they bought the components so they can deliver over a period of two years to a customer who in turn cannot predict things neatly into a financial year? etc
Hmmm.... I am starting to wonder if you have an interest in keeping the price down.
From the same site
https://www.rcrwireless.com/20220201/5g/indian-government-confirms-5g-auction-2022
Hmm... some interesting inferences... Reliance Jio Infocomm..... I wonder. :o)
Maybe they are waiting for some clarity from Tarana? Or any of the others?
My best guess is they have had some guidance from Tarana et al, but with the warning that the situation is very unpredictable and they will update when possible.
Therefore, why not wait until there is more clarity?
A lot of investors are too lazy to identify the cause of any problems?
I must dash...busy.
Take care all.