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Uhm…
Ou are welcome, thanks to you as well.
Yes, I know the thesis/story, I want to believe in it but it is very hard for me now.
I will need to see significant improvements in financials and IR and don't mind to buy 5x higher if that happens, that's why I am still following although very disappointed so far. This sector is very hard. Look Silicom or Napatech too and these ones are or were profitable.
You also need to remember the potential recession impact and enet, according to my math, doesn't have huge cash balances...
Dallo
I hope it works for u, we all know all the money you did put in. So I can only say good luck!
Hope to see a nice update soon
dallo
you are trully a supporter or you just have to be supporter? Different. When it is the second one the most profitable is to realise early, assume the mistake, learn about it and very important… move on.
main reason for selling is cash from last placing burning at a fast pace which points out to a new placing given that this doesnt seem to be or expected to be CF+ unfortunately. It is just the same story as always with different names. Show me the profits.
someone wants the warrants momey asap… makes sense. But I think that in this market you cannot give more promises on future contracts and demand for XYZ product (ABC product 2 years ago, XBC product 3 years ago) , it is worthless. Show us that this time you have something different. Guidance (that market difficult believes) was 9M$? So 1/4 of it is already booked? 3/12=1/4. Maybe 90% of it will be in Q4 again and then delayed?
Real Revenue progress into proditability would move the stock. Promises on future demand no longer matter.
Yes mgmt. Not David though. Close to him.
no word about $9m 23 forecast on ~~“null” inventories?
not happy to be right in this case…
The trade of the year was selling at 42… 6 bagger inverted :|
The problem with this company is that, to date, they have been unable to materialize narrative (see yesterday video) and contracts into actual and sustained revenue/profit growth. This is a significant issue. I remember in June 21 I expected 8/12m for this FY just from "contracts on hand". In December I said $5m would be best case. And now I'm wondering if they will do $4m.
While the big win was welcomed, it is a risky deal bc everything depends on that big deal now plus China/India are not where I would be most happy making business.
Let's keep watching this $4.3m in cash balance while burning $3.8M CFO in H1. Dangerous situation. My math says 6-12months this needs to raise. And 50% market cap is one year rate current cash burn. Plus WC will need to improve alot to deliver huge orders.
impressive win I have to say! congrats! It was needed
Hold on. HY report coming. Hold on...
what a joke.
what a disaster. not looking good at all... 5
yep. this story has been said always. Since 2019. Yet revenues not cathing up with that cagr.
Seems ASICs are winning over FPGAs
ans why you want contracts if then you are unable to deliver?
China UPF, 5G, FPGA NIC, SDWAN... patents. Now we have new words and we forget about the last ones.
Hopefully Dallo sold.
exactly bid.
Completely dead and nothing to find here. I think you dont want to see H1 numbers... lets see. Almost a year with no contracts!
lol