Member Info for skid35

They must have deleted the one after the Chinese "contract" where the arrogant, delusional liar DL proclaimed "we are at the finish line". ENET bought and was left with millions in stock, customer never paid a cent.

I remember Michael Dell coming to the Bracknell office after a quarter where Dell had absolutely toasted hp / Compaq after their merger. Thanks us all and just told us to re double our efforts delighting customers.

Chalk and cheese.

Amazed no RNS today, would have thought a company that has such a great reputation in the market that (like ensilica) it is releasing RNS win after RNS win after RNS win on a monthly basis through 2025.

Always next week for a week of no RNSs again.

With the spread really not even a trading share.

Firstly no material contract (apart from a continuation of few licence royalties for a couple of $2k which now constitutes news for ENET) news is coming, an insider cannot buy even if that were the case as that is illegal.

What's the betting 1. This will be down 20% tomorrow 2. There is not rns that any company wants to do anything with a company that is bust and has done nothing since IPO.

The key issue is they have been paid in advance and are recognising revenue (without cash coming in), so profitable but cash negative.

I think I they had to rebuild their business development / sales as they basically provided an unqualified pipeline and sold nothing. If you're a channel you only sell product where there is minimal friction and you don't have massive sales cost. Doubt any channel bought any material business in 2025, just not worth it to have acuity on their catalogue.

Nothing has changed since yesterday, nothing has changed from last year or the year before.

Nothing that has any value in the market, no qualified opportunities (handing someone a business card doesn’t count), no cash but DL still taking his $20k a month.

They deleted all my questions last time. These were primarily about having a qualified pipeline, lack of reporting of irr, meaningless channel.strategy - the really basic stuff.

Lolly, unfortunately most of the rises have come from SOH of a promise of what is about to come in the commercial / strategic updates - most of which just doesn't happen and then the share price falls. Rinse and repeat.

Hope the move away from communications moving away from the investor version of "only fans", a lack of recent promises and the director buys might be a sign that there may be more stable news in the financials.

On the trading update i) need the cash number ii) where is the ARR number iii) clearly no material customer wins, even taking material as a low number. iv) renewals needed shortly for contracted backlog.

Angus really did leave a complete pile for the new CEO - too tied up in strategic thinking rather than any operational execution and business control.

Appeared nothing was in place and a rebuild from the very foundations - on the R&D front, marketing and business development non existent, sales non existent. For Angus to state they are ahead of expectations in 2025 really does set the very, very lowest of bars after the "knocking it out the park" in 2024.

Its worth £3m at the moment, unless SOH hasnt sold some more !

Quite surprised by this as, although hinted at, seems to have been better than envisaged (although I'm not sure investors understood the impact of the 5th Nov RNS as this underpinned ARR growth. Cash a big plus, and relief.

Did take a small trading position after the CFO and controller buys, but still have a large core position. Hopefully onwards and upwards.

So its Aim gambler who's Corruptionbreaker on X.

Best recent post was they have spent 25 x their market cap on IP so ENET must the worth something. Most of the spend is on the non brainer, instant ROI UEP2025 where an RNS asked customers to get in a queue which has sold precisely nothing. ENETs IP is worth mothing, if it was worth anything they would have been approached. But the discount to NAV one was also good, real understanding of finance here.

After the fanfare when Ilan joined from the rns feb 2024 not so much that he left, I dont believe they have any senior "professionals" in this area now. At least, according to his linkedin profile, he developed such a great qualified, near term pipeline of $50m where nothing has happened in the year since he left.

You can just imagine him in his mum's back room banging his keyboard worried about his 250 quid in ENET.

Arne. Thanks for your posts. A mix of very stable multi year direct business with UK central government, UK channels for local govn and key omichannel contact centre providers internationally is a good gtm mix.

A trading update this month with arr growth should hopefully take this up, looking at 70p in the short / medium term.as a consolidation point.

Will be interesting to see how this plays through the p&l / balance sheet in the next few years with high staff and fixed asset utilisation, sale.of the threshold would be good as well.

Very impressed with execution and a team.appearing to deliver without the usual AIM hype.

Elric, like myself you are a nobody - but you think you are some top deep thinking analyst. Get over yourself.

Exms, we seem to have upset the rampers on X as well as here, even funnier posts this afternoon.

Which poster on here is also Corruptionbreaker on X - zero understanding of anything but just really funny to read.

Veritas, email to myself through their official IR PR company. "Stephen does not communicate with Tom Winnifrith or Elric Langton as I have previously said, so if they have said this then is a false statement". They were both dropped after my complaint to OPTI. I did upset little Tommy with this.