Member Info for skid35

Belgrano.
Weird you should say that, talking to a friend who has it and it makes his life a misery, a massive impact on his mental wellbeing. My wife also said a teaching assistant where she works has it so bad he doesn't sleep, if he does he stretches himself with the bed clothes covered in blood.
As you say outside being a shareholder this could really completely turn around people's lives.

Swarthy, exactly the same number for me.

George, you must be in the 1% club by now?
With the additional shares hard to work out where the PIs on this board are, would reckon 12-15% ?

Belgrano, agreed - similar to software companies with the ability to put a very high proportion of revenue direct to profit. Once this kicks off it really will kick off.
Still no direct holding but exposed through opti which I'm okay with.

Belgrano, elrico got this wrong on his last missive as well when talking about opti.
It is price earnings not price revenue.

Davy - would hope so.
I am a little worried based on the adverse "restatement" from the update to the actual in the prior year due to a lack of revenue recognition understanding. Also what was disclosed was invoicing numbers which could relate to prior year, offsetting any upside from royalties which were not reported in the update.
Anyway they cannot be material as they would have had to disclose, to the market rather than one of their chosen private investors.
Really looking for the company to provide a game changing announcement soon, otherwise the price will just drift with the occasional push from sbtx.

After the fund raising and tarana I have no issues on how the market perceives ENET on a day to day basis, have now stoped adding to my holding c 3 weeks ago and it's going nowhere for 2-3 years.

Marcal, As I said a couple of weeks ago you need to look at your personal circumstances for investing, as I said most of this board are a little older with the benefits of houses bought twenty / thirty years ago, final salary pensions, multiple incomes sources etc so are able to afford a longer term view.
I would tuck this one away and don't touch it for, in your case, at least a year but dyor as this is your cash. Don't sweat on the daily share price, today there was no negative news.

I think the main difference between the Dec update and today's is the reaction ENET want out of shareholders.
In December, with the poor working capital position and considerable uncertainty, they had to provide a line by line relatively detailed position on where they were to provide investors with some certainty. With funding secure there is no real need to push the positives in the update especially for the current year, especially if they are confident in the way the year will unravel or if they are still worried on shortages.
As always happy to sit on my holding and watch developments for my 2-3 year view.

Little disappointed with the level of detail here rather than where they are, I was hoping that it would be in the same format and detail as the one in december. I hope this is a "holding" update rather than a complete, final one.

...and both share the same characteristics as big takeover targets at premium ratings.

Uhlf. Looks like we share two big punts ! Not a direct shareholder here but indirectly through opti where sbtx is getting to o very half the opti value.
As with enet this has the ability to massively scale with a high margin, low opex business model. As with enet I think there will be a few big days, but value will really be seen in the 2-3 year time period where volume just throws off profit and cash.

Sergi,
On silicom impressed with the strength of their balance sheet with no issues for them on funding - I was deeply surprised on the company share valuation based on the net assets especially as a tech growth company.
Assume this is because of their much lower margins than ENET which I am hoping would carry a superior premium rating vs net assets in a couple of years due to much higher margins?

Dallo, I am hoping for a longer timescale at 3 years, hoping the market will reflect the opportunity being more mature and future even more predictable and visible.

Hopefully enet can be competitive in getting the right talent.
Google, Microsoft and nvidia all known as great employers, all provide great stock options on top of upper quartile salaries and benefits.

Jesk.
I think this is pretty clever and market segmentation. In still seen as a bit of middle class, middle aged drink which as you say is a very competitive market. Vodka seen as slightly more edgy younger persons drink.

Sergi, thanks for posting, although different interesting to compare to where enet could be in the future in terms of market cap, revenue, earnings, Pe ratio, gross margins (enet should be much higher) and working capital requirements (where they appear to be holding 7 months plus inventory?) - as well as market commentary.

Must say I am surprised on the conversation on disclosure here, apart from the fact about how much is being sold in the open market.

The key concern for me is who is behind them and how did this partnership come about, especially if they have more info about enet than the standard investor to have made this decision.

Bid, I didn't see it that way anyway - in any case the cash requirement can be seen as both positive and negative depending on the company's circumstances. I see it as positive, looking forward to a business update to back this up (whenever it comes out).
Really relaxed at the moment with ENET and really do not care about the daily / weekly share price movements - completely different from the chewing nails last year.

Tracy.
Your view on whether, with cash / profit from new revenue streams and working capital required for new deals, after this funding ENET is now in a position to be self funding? I suppose a lot of moving parts and depending on how ENET outsource.