Member Info for skid35

Aqua.
Agree H1 results will be very informative. I hope growth continues at a decent lick.

I would like to see some more analytics on existing contracts.
- How many are revenue earning, and how may contribute more than £10k, £25k et c per quarterdo
- What proportion of revenue are too 10, 20, customers
- What is the average time from contract signing to get to revenue
- How does revenue growth through contract life

On SOH most of his recent interviews are very repetitive with little financial detail given away. I think he is being conservative as he realises the time taken to get deals to deal revenue, and the fact that much of this is completely outside his direct control.

Tracy, as usual many thanks for your threads and knowledge.

One of the main points here is that there will not be one big bang order, it will be a contract and call off. Mark and ENET seem very conservative in their approach to IR and forecasts. I think this may follow David, who is not a natural salesman - as I have said before I am delighted we have a deeply, deeply technical genius at the helm rather than a bloke in an Armani suit.
Although not really that interested in short / medium term share price I cannot see the market valuing ENET at its potential until late '22 (when they adjust their guidance for the year) or early '23 on release of '22 and update on '23.
I will be here with my current holding until it is taken over. After some dark days I really am going to sit back, read the RNS / board contributions, try to understand the market and financial implications and enjoy the ride.

Uhlf,
For me it's not just about the contract in itself.
i) it is a validation of ENET technology and position in the market for other deals. I think this element has yet to be priced into the ENET share price from tarana deal.
ii) ENET really is still priced as if it has a good chance of going bust, below the asset value (if built IP could be priced). This should hopefully take this out of valuation.
Hopefully it then just becomes part of a self fulfilling cycle.

Although in competition, much of what is in a server (hw and sw) is very standardised, this is driven by customers not wanting to be tied into one provider. If the ENET proposition is technologically superior I can't see why they would go elsewhere as they would be at competitive disadvantage.

Have been following this stock for a while now.
Tend not to buy after ipo and wait to see how the land lies. I was a poster here a couple of times but there was a stupid teenage ramper, I think has left the board and gone back to tictoc.
Settled down now and progress on the business front appears to have continued, but without major contract wins, with arr increasing.
Keeping an eye on the day to day trading to take a position on weakness.

Dell would be incredible.
Worked at Dell for 6 years, and another 6 at EMC which they own. An incredibly focussed and operationally efficient company, would be a great partner who get things done.

Interesting moves at AAA /aquua/candy.
Haven't a clue whether BOOM has anything to do with this, does show movement in the industry.

So the $1000 per unit effectively 100% margin, or is that the assumed total cost of the unit ?

TL,
What is the proposed business model.
Upfront design fee plus either royalty or product? Would have thought tier 1 server companies would be able to produce or subco at a much lower cost / quality than enet ever could.

Joy, nothing really changed today.
i) The top ten statement to me is pretty meaningless, coming off a low base and with H2 20 growth pretty anemic.
ii) Nothing new today that we didn't know already.
iii) Deep into H1 and seems to be in line.

Probably the real news today was the write up in shares magazine on sbtx, and potential for price gain there whereby the stbx holding is worth the whole opti share cap.
Current share price assumes "average" growth but no real breakthrough events which will catapult growth.
I believe at the lowest end of a trading range, just unloved and out of sight without more significant growth.

Aquae, yes - now both but haven't a clue what percentage trader and lth!

The question get to be answered is still the 500% growth in h1 19 v 20 compared to the flat h2 19 v 20.
The good news is that SOH sees growth on what was a great h1 20.

Added a further 40k shares this morning - no being reported as yet. Currently at the bottom of the trading range, skin holding making up most of the share price etc. One of the shares where patience is required, the 40k will probably be a short / medium term trade.
One day this will take off, just don't ask me when.

One page write up today, buy recommendation.

For all the real techies out there, Vodafone hosting technology briefings with analysts today - details in the rns today.
Expect this will be recorded and available on their ir site.

agree with LOL here to some extent
- proactive just paid for questions set by the company, just useless. spend more money on make up and hairspray than anything of any value
- Tom W just seems like a bit of a fruitcake, like one of those blokes at the bar telling you all the horses he has bet on at long odds
- Elrico really knows the products and markets and well worth listening to, but finance not the strongest.
However all have skin in the game to ramp the stock.

I did find SOH investor webcast earlier this year really good, and was hoping this would set the scene for more regular and informative IR, rather than using "informal" routes.
Looking forward to the annual report which should hopefully give a detailed review.

Marcal,

I didn't get excited by any short term forecasts or when this went to high fifties, not worried when this is in low 40s. This is a micro micro cap share, little trades with a large shareholder selling into a dead market with no news in the last month.

Not sure what has changed your mind from "yes, this is the one I'll keep for the long term and not worry on short term moves", the lack of an update? Tracy / dallo change of nuance ?

Would recommend building a portfolio of investment trusts as a base, not ENET or other small stocks. Used to be easy with monthly schemes of £25 with all the major players, but all virtually gone. A real pity as I got into fidelity, Baillie gifford, perpetual trusts when I didn't have a lot of spare cash but it all added up.

Marcal, despite disagreement on simplywallst I am sad you have sold out, hopefully breakeven or at a slight profit.
It is difficult keeping the faith when the price has retrenched, I have been there many times including ENET. As I am still in decent profit I recognise I can now relax somewhat, and as an older investor I have much more boring portfolio of investment trusts.
ENET is a proper stock, but with far more short term volatility and risk / reward than others - and where PIs need to do a lot of research due to a lack of broker and independent research to understand the potential. However, as others have said, this year is THE year when ENET must show potential can move to delivery, hence the current nervousness in the lack of an update. I still believe everything is in place, but would like this to be validated.

Llod.
I had emailed the optibiotix@wallbrookpr.com three weeks ago on point 1 to complain, clearly got through but either unmonitored or just couldn't be ar##ed.I will call the mobile number tomorrow.
Deeply unprofessional and inappropriate for listed company to communicate to shareholders in this way, especially where some of this is behind a paywall.
As with you, no offence to elrico.
Within the bounds of commercial confidentially IR and SOH needs to take a real step up, with timetables updates and rns on significant events.

01234.
Unfortunately we are all shooting in the dark at the moment, and we can only really just speculate.

To me the important element is not whether 5g are above 5%, but who they are and what their intention was / is. I am also now of the opinion they are in some way associated with tarana, tarana have the knowledge of how much business they are putting to enet and therefore have much more knowledge and certainty about enets prospects than the average PI.

Still believe significant unrealized value in the share price, not adding due the the weighting I currently have but certainly not a seller - adverse daily price movements do seem to shake the tree a little.

Looking forward to news - at least so we can have dallo and Tracy for company again !

https://www.thetimes.co.uk/article/roland-grain-leads-backers-for-new-distillery-sw7rkknsr

£7.2m, this guy has some serious ££

Martyn, bit of a shake out at fairly minimal volumes in a company with a small share cap. Hopefully short term noise, as I expected news to take this 70p plus what is now late q 2 / early q 3 to get to £1 plus at the end of the year.
Even with the cash raise we are getting back to 20m, supported by IP and base revenue. Potential baked into the share price at less than 10% probability.