Member Info for skid35

Jimbob.

You seem a little obsessed by me. I’m 6 7, receding hairline and getting on a bit so probably not your type, and before you ask no William Wragg stuff.

Pwil.

It is an EGM not AGM.

It is specifically for approval of limited resolutions (board appointments, options).

There will be no business update or contract announcement so you're correct nothing has changed.

Next news may be the 2023 accounts, with the auditors being taken for a ride by MR last year I think major impairments on current and intangible assets so a lot of red ink.

Jimbob.

DL knows who I am so more than happy for his lawyers to be in contact. Stating the chairman has been useless is a matter of fact and not open to debate.

I am a shareholder.

I almost always replies with facts to the most ridiculous comments here.

Castle.

You cannot withhold market information, customers don't wait for a useless chairman to be reappointed to sign contracts.

"Our" chairman is completely and totally useless. Having to have David Allen take over the AGM because he was so out of his depth just incredible. Not to understand the basics of the Bergen deal, again just incredible.

There. Are. No. New. Contracts.

Nothing has been signed.

Someone who thinks he understands where ENET technology sits in a market with multi bn $ US companies, but doesn't know the market cap....

Https://citywire.com/investment-trust-insider/tag/renewable-infrastructure

Citywire has great coverage on investment trusts. Article from yesterday on gseo.

Jolly,

Key factor in todays RNS is it is a rip and replace with a high $$$ value.

For this to happen the ROI of the status quo vs r&r must be low risk and with a short term return, r&r about 20 x the sales effort of an expansion - deeply impressive win.

At the last investor meet the CEO did seem to intimate CNS was selling itself short from a pricing perspective.

Business model massively leveraged so additional business flows through at a very high % to the bottom line.

Very happy to hold but would like this at least 15p in the medium term in the current c@@@ AIM and UK small cap market.

Coco.

It is relatively low volatile as it has a competent management team who say what they are going to do and then execute.

Comparisons with ENET is the new CEO is from radware (Telets old company) and was probably his boss, and a recent US otc listing which will hopefully not be money down the drain like enets was.

Past years conversion to saas model from perpetual which takes a couple of years to ‘move’ through the p&l, growing arr, high retention, move to channels go to market, strategic investor in juniper/now hpe , akamai strategic agreement not built into forecast, cash in the bank so no stupid raises or dilution.

There are a few of these type of companies on AIM due for a re rate, or takeover at 2x current price.

Cheers, hope you’re okay.

Still undervalued, hopefully might move a bit today.

Hull, it's more of a fill in where they can't use fibre - but tarana does seem to be the supplier of choice with little competition.

As PATT has correctly stated Tarana as a sum of parts calculation this is worth a multiple of the current market cap alone.

The problem is this is the part so this is the only revenue stream offsetting overhead costs, expected multiple revenue streams similar to Tarana over a year ago.

We all know how great Tarana is but you cannot have such a concentration of revenue as this gives a risk premium to the share price, on top of being israeli and the risk premium of the management team.

Anyway, beautiful RNS from CNS this morning, my largest holding.

So m any variables on cash.

1. Still unsure on tarana visibility from the last order, and potential for refresh of base at 100% margin.

2. Not a clue on the balance sheet impact of the Chinese deals that went sour.

3. If new contracts materialise the working capital implications between a system sale or royalty are so different.

Still can't get round the very stupid DL statement that year end cash will be used in operations rather than paying off creditors ? Just nonsense.

Https://www.fierce-network.com/broadband/mediacom-taps-tarana-boost-its-fwa-build-four-states?utm_medium=email&utm_source=nl&utm_campaign=FT-NL-FierceTelecom&oly_enc_id=8964I3021834D7S

Nice fierce article just in the inbox on tarana and mediacom.

Still think tarana might have greater application in built up areas such as India with its lack of infrastructure vs rural US.

Levi, did not put everything he owned in here (check out how much Broadcom bought his old company before, although like here he severely diluted his stake) - although I think he could have made more money picking up the IP for a pittance in an insolvency.

Https://www.thetimes.co.uk/article/the-hidden-chemicals-in-your-food-n9c7wzwzx

Becoming really mainstream news now.

Just need to see the initial contracts start to roll.

Nice to see Director buys, will probably top up myself around this level.

Balance sheet must be 20-30% above the market cap on a very backward looking metric.

In person doesnt mean physically present in the room.

As tricky says this happened before, why dont they learn - simple, simple, basic, basic housekeeping.

No you don't have to be there in person, that is incorrect.

With the AGM you had to write to MR for an invite, with an egm they just don't think to get their ducks in a row.

Something as simple as that, imagine how they look at pipeline - just sit back assuming everything happening.

No, much more to do with my time.

P### up and brewery springs to mind with this chair and BOD. At a board meeting this morning listening to three non execs in the tech VC world, how ENET could have done with this level of questioning and expertise.

Castle.

ENET tech is 100% not no 1. The market is bns on bns, the myriad of post IPO "no brainer" products have not sold with the only three contracts canned.

Does this mean ENET isnt worth 5p or 0.5p - I havent a clue.