Charles Jillings, CEO of Utilico, energized by strong economic momentum across Latin America. Watch the video here.
Must admit I just glanced over the December 2020 RNS, if it's $6m total revenue then I was correct in the 300% forecast uplift in 2021 over 2020, 30% would be the envy of many a company. I didn't say there was a sale of ACE-NIC, there was a large shipment (yes this is equipment for trials to satisfy the requirements of 3 major's), hence my point that I doubt multiple server vendors have this wrong.
A few additional buyers here won't make any difference to the SP short or long term, I have introduced 2 x decent bulk LTH's, contract or revenue news is the only thing that will lift the SP significantly and for a prolonged period now, nothing else. At the end of the day I've not got a share wrong in 10 years and haven't got this one wrong either (I'm 100% up already).
uhlf, looking at 2021 only, the £6m revenue forecast was from the 2nd December 2020 update and only accounted for 60% of what they actually expect ( from already signed contracts), this equates to £10m full forecast before the year even started. We then had the huge shipment of ACE-NIC100 to 3 Major Server Vendors in February 2021.
As for numbers H2 over H1 2020 = 400% revenue increase, 2021 over 2020 = 300% revenue forecast. I'm a numbers person but research really is the key with Enet and the fact quite a few big names are engaging, 2 x avionic switches tier 1, large trials with 3 x tier 1, FiberHome, TietoEVRY, 6 patents etc etc. Very little action needs to accur for the Mcap of £15m to look rediculous. Yes risks are still there (slowly fading away imo) but as TL said not long ago, did all these companies that are engaging with Enet really all get it wrong all at the same time, I think not. These are just my thoughts, honestly don't care if PI's buy or sell, it won't change the destination.
Huge market as businesses, factories, hospital, schools/colleges, events both indoor and outdoor etc etc could all have inhouse 5G to run near real time data. 5G could replace a huge amount of wifi outfits I would have thought.
Interesting article here around Open ran vs wifi for industrial connectivity. I have super fast fibre at home but my 4G data is just as fast.
https://www.gsma.com/iot/resources/5g-wifi-industry40/
Totally agree TL, chasing patents, thinking about future issues and sorting them now is a very clear sign to me that Enet are doing very well indeed. Any real problems and patents are the last thing they would be doing imo.
I'm with you skid35, I've seen the same with a certain individual on a few boards! As harmless as some people think this is, it's just not, a weak holder could be influenced by that sort of thing which isn't funny. I've been there in the past, not good.
Looks like a very interesting world digital conference in early April. Even though we don't get a specific mention, lots of talk of Open RAN trials and deployment:-
https://event.on24.com/eventRegistration/EventLobbyServlet?target=reg20.jsp&partnerref=LReventpage&eventid=2982794&sessionid=1&key=99261C8CE8646E9903A8C00AE7AC43A7®Tag=2027520&V2=false&sourcepage=register
I'll 3rd that TL - it's not boring at all. I can do my own analytical stuff as that's how I've been trained but the technical workings from yourself are priceless, if you want to get ahead of the crowd that is!
It seems a few different revenue streams are coming online very soon. RNS of 30/04/2020.
Enet announced today that it has signed a second design win contract for its ENET Flow Processor technology with an existing North American tier-1 telecommunications OEM customer. The customer intends to deploy its new OLT platform in H2/2021. Given the popularity of the platform and the size of the OEM, the new product is anticipated to generate significant ongoing royalty streams for the Company, added to significant short-term revenue as detailed in the newly signed contract.
Ding Dong!