focusIR May 2024 Investor Webinar: Blue Whale, Kavango, Taseko Mines & CQS Natural Resources. Catch up with the webinar here.
Have a good Christmas to the guys and possibly girls on this BB! Thanks to all the LTH for your knowledge, understanding and conviction with ENET, I probably would have sold out at a big profit if it wasn't for you lot. Hope you all have as good a break as you can, I'll be back soon for hopefully an awesome 2021 with regards to ENET. Take care.
I guess you still held through the worst! I've bought quite a lot in the last few weeks and for good reason.
Im expecting a trading update soon but that will probably be end of January. I would think they are break even on EBITDA by now as announced previously.
Well done Smokey77, 12,349 shares will not be an insignificant amount if we hit £5 per share. I'm hardly old and wise but the only advise if give regarding the deposit
for a house is don't sell and use your Enet money. Cash flow asset's are very hard to come by, use the knowledge that you have liquidity if needed with the shares but never use it. Mortgage interest rates are what 2.4%, Enet by then should be returning at least 50% of your original investment by then. Don't use a 50% return asset to take on a 2.4% liability. All just my opinion!
TL there is certainly a lot to digest in that RNS and worth reading several times. Another thing that caught my eye was the reference to the further 300% projected growth in 2021 over the full year 2020 but it specifically says excluding any ACE-NIC business, that statement for me is very significant.
"Anticipated revenue for 2021 based on both signed contracts and customer forecasts received from existing licensing contracts, excluding any ACE-NIC business, currently account for approximately 60% of the Company's total forecast FY 2021 revenue. This represents a further growth of 300% over the current FY 2020 market expectations. Delivery, and revenue recognition, is expected to commence in Q1 2021 and to ramp up throughout the year".
Alot of fingers in alot of pies or what! 400% in H2 2020 over H1 2020 but they can already see a further 300% in 2021 from our total in 2020, this is huge growth! Contracts from 2017 and 2018 resurfacing and we have been winning contracts of 1 every 6 weeks! TL was bang on with the predictions!
Interesting article here about 5G in India, only 6 days old. The part in the article that says "There is a need for spectrum to be available both for 4G and 5G and the spectrum needs to be affordable". Enet is not mentioned but in our RNS dated 22nd Sept 2020 it talks of Enet's CSRs will support both legacy 3G/4G LTE networks and developing 5G networks? Any thoughts TL?
https://telecom.economictimes.indiatimes.com/news/india-needs-to-go-straight-into-commercial-deployment-of-5g-ericsson-india-head/79400269
5G take-up in China gathering pace and beating previous expectations!
https://venturebeat.com/2020/11/30/china-drives-5g-demand-for-swedens-ericsson/
5G deployment heating up a bit more now, TL could any of our products be used here?
https://www.broadbandtvnews.com/2020/11/27/sky-deutschland-and-telefonica-trial-5g-broadcast-for-live-sports/
The Edge is listed 4th on the list of topics at the 5G EXPO europe.
https://www.plumtri.org/node/1252
Looks interesting!
https://tmt.knect365.com/global-5g-summit-and-user-congress-2020/
I know what you mean 01234, the SP is moving up though. The advertised SP is incorrect, I was quoted 21p all afternoon to sell my entire holding in one go, mid price should be at least 21.25p. If buying continues even in small numbers the SP has to show blue very soon.