Member Info for skid35

Stephen, no they wont.

1. They are not a short / medium / long term investors, it is a quick in / out with a few points of margin irrespective of whether the current holding are effectively "in the money / free".

2. They simply dont trust DL as a business man with commercial acumen, or has someone who plays a straight bat

3. Overall Bergen as an entity are in wind down.

Regard TW as no more than a snake oil salesman, his motives are basically his own bank account.

Iron.

The standard of business and personal finance ‘journalism’ in the times is kindergarten level. Just seems like summer interns.

There is a real story here on how the London market values companies, choosing kmk and basu as poster boys so far off the mark.

Funny that at these super bargain levels basu isn't diverting at least half of his very far salary into buying shares on the open market.

I can't believe, after that write up, some buffoons are buying this morning thinking Basu is some sort of tech AIM messiah.

Just read this and the attempt at PR knocked by all the comments on his perforrmance.

Basu seems to have been schooled by Bozos Johnson in delusion, self pity and complete lack of self awareness.

Has he been taking lessons from p###o price Andrew or mone?

ENET have one, yes just one, contact of value - with products developed post IPO that no company wants to touch.

10p gives a valuation of about £40m, let alone the other stupid numbers you've put out.

Please provide details of what revenue, margin, eps (forward not actual) on which you base this on.

Stating a price a few weeks ago which was high doesn't make it cheap when the price is lower.

Please provide your assessment of why the share price can move, and the risk within that assumption.

Newgrange.

Don’t tell me….youre a bozo Johnson supporter. Ignore facts and just go for bluster and spin.

Neil. Keep going.

Cheers Fred,

Empty space is non productive and a fixed cost for years into the futiure, i 've made the assumption staff are productive! I can't see Israeli real estate being in high demand. They should employ a top notch sales director for this saving, Levi is a terrible communicator and doesn't plan what he's going to say to structure, state and reinforce points.

I have written to the Chair a few times in the last 24 months and asked why he wasn't done his job as he has a decent cv, but a complete waste of space. They also don't need a CFO, the book keeper they have is sufficient. He's actually paid 100% in shares so could have had 10% of the company of he timed it well.

Fredelm.

The key issue is the building lease, rather than the usual creditors.

They moved about two years ago and have a building that is 3-4 x what they need. Going forward this is an albatross around their necks as they need monthly fixed outgoings as low as possible, they need to have this renegotiated as part of the TSP.

Trickey, they haven't "delivered" anything. has

It's a licence deal allowing and extending the customer to use ENET IP which the customer already has.

Coco.

If you understood the two contracts these were existing customers protecting their own positions, in no way did it confer any statement of confidence in ENET.

Tarana orders involve an element of third party hardware, as I said no one would give ENET credit and would demand up front payment.

They haven’t got a big contract as they would have to rns it.

Outside a pure licence deal no supplier would give credit to ENET, we can assume no juicy Tarana deal in the near future.

Best learn about a balance sheet, cash will be high when you are protected from paying creditors. A statement of how much cash in isolation is just useless and irrelevant.

Profitjock.

“Suggest you read the accounts” ?

These are so out of date and contain significant judgment on the value of assets they’re essentially worthless.

Easy to tell about 95% here have zero commercial or business understanding, zero tech knowledge and little understanding of how badly DL has run the company through delusion, arrogance and little commercial acumen.

"The cost of the new shares which have been bought up already".

Yep,that makes sense, must take account of everything he says.

I actually can't see there being much demand for this placing.

DL taking some of his loan back and one PI, no institutional cornerstone or other investor support, no tarana chucking a few pennies in.

Stating a cash number when you haven't being paying creditors completely meaningless.

Good to read this cash raise against the requirements for others from 22, 21, 20, working capital for large deals blah blah.

Legin post from last night so brilliantly timed with its inaccuracy and 100% lies. Show up as a complete fraud.

Clearly no conversation with DL.

Any such conversation would be a breach of stock exchange rules as it contains inside information. Anyone who has spoken to DL knows he cannot structure a conversation into 3 easy to understand answers.

Where DL does provide updates in RNSs, from history these show he is unrealistic in timing, deluded in the products place in the market and simply does not execute.