Member Info for skid35

Aquae, as usual very well laid out which is why I hold so much here.
It's then about how the market reacts, as we seem to have a massive disconnect for the whole of '21 so far for not just the growth in current revenues but also opportunity. The half year numbers, which to me confirmed a positive trend, have had a few percent impact.
Anyway patience will be rewarded here in the longer cycle, which is where most of my holding is.

Schreiber, the BOD, especially the non excess are not fit for purpose.
The AROC debacle showed the audit committee were asleep on the job and really didn't understand the detail of the business and contracts.
Would love to see the minutes of the audit committee which approved the payoff and 2 m options to the CFO completely out of his contract, and the legal advice they received or didnt.
I suppose they are just happy with the £20k pension top ups for doing nothing.
No wonder the CEO seems so bl###y relaxed and lacking urgency with such fantastic opportunity in front of them if he knows this is the type of payoff you get for failure.

Yes, a little surprised on the share price reaction on sbtx, I think a lot of traders looking for super quick returns and basically getting bored.
Can't see UP TO going down to the 45p level again, but at the same time waiting for the catalyst for 60p plus.

Uhlf - a penny either way now should hopefully be seen in context in a few years.

Key takeaways from me
- No need for a cash raise for '22. As Tracy says this must mean they are confident of a du upfront payment early '22 which is spent cash now. Hopefully the consistent market slippage will stop - looking for contract and delivery.
- They are clearly r&d resource constrained, turning down immediate ops for the longer term strategic revenue. Having said that this must be one of the most productive and efficient r&d around with the IP they have developed.
- Overall a confident update with a very clear focus and strategy, a much wider breadth of opportunity from a year ago.

I'll take back what I said on price forecasts this year, this will continue to wallow in the 40-55p for another four months. Dividends elsewhere will continue to be reinvested in enet.

Tracy,
In the UK AIM is the place for short term traders, making a quick buck on a meagre 5-10% rise without understanding the company. When we get the hoped for rises, or an IC write up by ST, get ready for a load of fruitcake twenty somethings talking gibberish on this board.
Even with the best IR I don't believe this can be avoided as potential news has so much potential compared to an RNS from most other companies, with IP led high margin, high volume revenues worldwide in an area growing exponentially.
However this doesn't excuse poor IR, even to the extent of a 10-20 page " about us" PowerPoint on strategy, markets and customers.

I think many investors buy a small holding initially, then add if the price remains stable or a small rise and on further news or they become more confident that the company is mispriced by the market. If you add in a rising market you always have a lower price average than the current price, so psychologically good for the brain to justify further buying.
Looking for 3-5 juicy rns between now and the end of the year, although not selling it would be great to see this North of £1 as a stepping stone to further rises in 2022. However it happens it will be jumpy with top slicing, frantic buying if IC cover, what 5g are doing etc. My forecasts aren't great as I thought we would be 60p - 80p with news in the bag.
Anyway, looking forward to those rns.

Correct, in a world of outsourcing and subcontracting its about IP and brand, employee numbers pretty irrelevant.

Tracy,
I really have given up on trying to guess market reaction on news with aim stocks, especially with ENET. Even if I may be so bold to the god of the board, based on your enet price forecasts I won't be following any of your racing tips.
I hope we have a series of RNSs across a range of products, geographies and markets in a three month period which collectively give a pointer to where they are going and provide a backlog for 22 revenue. Even then, as I have said before, I think the market will start to understand the real value late 22 early 23.

We have signed contracts which as a minimum fully support the share cap, we have potential deals we know enet are working on which are not built into the share price, and we have a long list of potential deals we are completely unaware of not built into the share price.

Interesting.
Correct, need to check auto correct before posting !

Amazing that I think we still have homeopathy as a daily mainstream view, but microbiome and but health still not taken seriously.

The major decision point for Ethernity in the next few weeks, which will have no impact on the share price, is the passing of the US infrastructure bill with $65b set aside for rural broadband.
Would have been nice for Tarana to have been listed just to see it's market cap and price movements.
Current ENET share price does not price in Tarana on its own, let alone anything else in the pipeline.
Another nibble from me this morning with my vodafone dividends, can't see anywhere else to put my money to use.

Not a fan of TW at all, either as a person or an investor, but I think he is right on this one.
On smaller market cap companies I have given up trying to forecast share price movements in the short / medium term. With OPTI I have added slightly on dips and am patient as I expect to hold a core holding of c 50-100k shares for a t least a further 3-4 year period.
I do think patience will be our friend here, even just extrapolating h1 results for a full year on first gen products gets us to a great place, especially if there are business development moves (but no rev) elsewhere.
As others thought this would move to 55p minimum on results, there are a lot of potential catalysts to take this to £1 plus by the end of this year / full year results but at the moment just seems at the very low end of a trading and value range.

This is one area I am having problems with.
Dell procurement and component cost management is amongst the best in the world, they would not be providing quotes to customers without these being tied down even if they are a relatively small element of server cost - so possibly a mou etc ?
We know ENET communication is very conservative based on purchase orders, but I would have thought we should have an RNS in q3.

Belgrano, I think you're mistaking ME to price revenue, but otherwise spot on.
At £3m +/- £250k the company is at breakeven, and above this a high proportion of revenue flows straight to profit. This is currently valued with very little potential occurring.
Would be nice to have an interview on H1 numbers and H2 potential, even if this a proactive one which is very superficial.
Was thinking of selling my "trading" share element if this neared 60, but will hold out for the remainder of H2 to see how this unfolds as this could rise very quickly on news, also cannot see few better opportunities elsewhere for this cash.news
Nice close to the week, hopefully sbtx news in the next two weeks can take this higher as well.

Sergi, I know you're a youngster and I think a bit of a one off with your level of knowledge and understanding (of whatever age).

Tracy, yes, I think you're right. I think the youngsters expect instant returns and don't wait for things to play out, even over the medium term.
Interesting that most of the long term contributors and holders here do appear to be on the more "mature" side even though ENET is on the cutting edge of tech.

By the way, I know a lot of people on this board saw Marcal as a bit of a pain, but it is important to understand what drew him / her to ENET in the first place and his thought process to get the jitters and pull out on a small amount volatility.

My hope is that they have 100% confidence in where they are, and from customer interaction at both early and advanced stages in the pipeline, exactly where they are going in 12, 24 plus months.
If this is the case I think the board see investor relations a bit of a side show at this point in time, with management attention 100% on business which will in the end do the real talking and prepared too put up with a bit of complaining chatter on the boards - as well as a CEO who is not a natural.

I think the company does need to have a very clear and compelling investment case in the IR section of their website as a source of info for enquiring minds, as well as good practice for when this gets to a £100m valuation. As I have said before this in itself will not make bit of difference whatever anyone on this site thinks, what matters is getting say 20 new shareholders at £50k, 200 new shareholders at £10k and 2000-5000 new holders at £1k plus. This will come with an IC write up (or to a lesser extent tempus, questor etc), this is why the DU server rns if it comes with a brand name will be a game changer in the shorter term for the share price. I can't see much institution interest, but I don't really know enough about their investment process and screening to be an expert here.

Used the low price to get back up to 1%, which is 100% a 3 year plus holding.
Nice close to the week, have a great weekend everyone - looking forward to a 2-1 to the lions.

Uhlf.
If they wanted to replace the 5g money coming they wouldn't have got a placing away, even for a proportion of it you are wrong, it would have to be at a massive discount.
Not really sure you understand the role of a CFO. The basics of accounting, controls and compliance are taken for granted. THe CFO is usually the number two, deeply embedded in every aspect of commercial decision making and strategy and the sounding board for the CEO.