Member Info for Steve17

Brutal market at the moment and in hindsight we have been in a bear market for many months. So in the current market I suggest the best policy to adopt for any company is not to issue any RNS updates other than those linked to lottery style contract wins or the such like. The last ENET rns did not impress this market.

Could be worse ... e.g. SNG.

Good find Pierre.

John Clarke, CEO at Gfinity, said: “The significant increase in viewership of the F1 Esports Series presented by Aramco is due to a growing passion for virtual racing and the appeal of all things Formula 1 amongst young gamers. The drivers are at the peak of their powers and the racing is competitive and exciting, and they are becoming true social media personalities. This is great news for the future of F1 Esports.”

In the current market a mark indicating an RNS sends a shiver through my wallet, as it usually results in a drop in the share price. However todays RNS should be welcomed as a crucial next step completed to commercialising the products.
Excellent

On first read a positive update ... talking about product development, move to mass production and base line sales figure.

Yes ... but the price would probably go down to 32p first.

Money and patience required for large returns.

GLA

Good find 01234 ...

https://www.businesswire.com/news/home/20220209005012/en/XCIEN-and-Tarana-Expand-Next-Generation-FWA-Footprint-into-Mexico which includes ...

"Fast, dependable internet is not only crucial for the businesses we serve, but also the neighborhoods where home offices and ‘classrooms’ are ever more present. With G1’s long reach and ease of deployment, we can provide quality service to many more of these homes, and more quickly.”

Just wish ENET would explicity ride the coat tails of Tarana's expansion by acknowledging that ENET's sales will also benefit through the worldwide adopton of G1 and then G2.

I would like to buy more, but I need abit of reassurance from ENET please.

Please don't retire ulhf, your posts are a value to BB information and morale.

Would be nice for ENET to eventually get a recommendation like Calnex was tipped recently by The Motley Fool. Im not invested in Calnex, but I always look at their RNS for any indication to general sector sentiment.

https://www.fool.co.uk/2022/01/24/3-top-metaverse-stocks-id-buy-today-for-2022-and-beyond/

Uhlf, many thanks for your posts. You give a strong and evidenced argument and I agree that the company's IR is a failing which could so easily improve, by e.g. an annual investor webcast with a Q and A session (surely it wouldn't take up too many resources). Likewise a broker's note would prove beneficial.

What I would not want and which always makes me feel uneasy is some kind of investors action group ... a quick read of the other forum suggests that such groups may prove less than fruitful.

Good find Bid.

Particularly like the following:

"5G and the World: Control of the 5G Digital Silk Road

5G will become an essential utility and assumed “natural resource” of infrastructure. Supplying the digital “pipeline” and harnessing data currency will become a focal point of national security and privacy concerns. This will compel new players and new entrants to supply 5G infrastructure. Hyperscale cloud providers will expand their cloud services to include 5G connectivity.

New OEMs/ODMs will launch 5G small cells for private enterprise environments. The race for 5G will in effect be a race for internet access and digital intelligence. Between system providers and network providers, 5G will stimulate discussions about wireless governance, security, and policies."

Thinking about a top up, but already a little overweight. I first need to see that Enet are now exploiting the above 5g environment and then I will purchase. Happy to buy at a higher price, once I see Enet's money (financial results).

The share price held up relatively well today given the carnage on the crypto markets in the last 24 hours
https://www.cnbc.com/2022/01/24/bitcoin-ether-fall-as-130-billion-wiped-off-cryptocurrency-markets-.html and today's fall on the nasdaq, Dow and general London markets. Though maybe today's limited movement in ENET's price perhaps shows how far and how fast the price has fallen since early December.

The markets are spooked by a numbers of general issues, which are far out of ENET's control. Could the price fall further; of course, within the short term it could; but as long as one isn't leveraged or 0p means The End of one's investing life, then with a degree of confidence, I believe the next 12 months will see the price moving higher against a growing number of oem contracts, some of which are currently in mass production of ENET's IP, all benefiting from the tail winds of 5g and o-ran growth. And all ingredients to break even and then more.

Finally, I know it is an old bone that I do not wish to dig up and chew over, but given recent market wobbles that latest fund raise may have been a timely one.

GLA

Agree with you ulhf, i.e. that IR could and should be better. Indeed contrast ENET to a tech company like DVRG, where their CEO, for whom I have huge respect, is daily on twitter, releasing RNS on a very regular basis, on Proactive Investor podcasts, all backed up by broker notes stating the share price should be 350% higher than it currently is ... and still the share price drifts lower. It feels the current market only positively responds to 'profit upgrades' and potential does cut the mustard.

Nevertheless, certainly a happy medium between what we currently receive from IR and DVRG's regular offerings would help morale and maintain confidence.

Good move 012345. The other side certainly gets lively at times. I do occassionally look in; With 504 and Patt in one corner and in the other corner is Tom and his buddy 1liam, the forum appears to be a mixture of WWE and One Flew over the Cuckoo's Nest. Though I'm sure they are all nice people.

Appears to me that ENET are making good progress and continuing to build the global connections that their IP and skill set deserve.

Wasn't the completion of the A1 drill mentioned in the latest RNS 2 days ago??

Impressive progress ...

Ethernity Networks Grows Asian Relationships

Ethernity Networks (AIM: ENET.L), a leading supplier of data processing offload solutions on programmable FPGA (field programmable gate array) hardware for accelerating telco/cloud networks, today updates on the growth of its Asian business relationships, through both multiple new distribution arrangements and a collaboration with a Tier-1 Japanese OEM.

The Company has recently entered into new distribution arrangements for its FPGA systems-on-chip (SoCs) and system solutions with leading distribution and semiconductor trading companies covering the Taiwanese, South Korean, and Japanese markets. Ethernity believes these new arrangements will lead to new commercial engagements, primarily with OEMs in the Asian marketplace.



Leading on from these new relationships, the Company was pleased, at the end of 2021, to fulfill an order from a Tier-1 Japanese OEM for a number of Ethernity's ACE-NIC100 FPGA SmartNICs. The Company is now working with the OEM toward adapting the SmartNIC to work within the OEM's 5G virtualization environment.



David Levi, CEO of Ethernity, commented: "We are very excited with the new distribution arrangements which will allow us to expand our reach into the Asian Market. The order from the Tier-1 Japanese OEM is the first step towards what we hope will be a wider relationship with the OEM, leading to larger orders. It is a sign of confidence from the industry of the quality of products being offered by Ethernity."

Darn it, perhaps I should have stuck another 0 on yesterday's buy!

Apologies everyone ... Ive just reread my post; Should read 15000. I'm not in the big league i'm sorry to say.

Just on the basis of how well tarana's g1 is being adopted gives me a foundational confidence in the present and future. Accordingly topped up this morning with an additional 150000 shares.

Correct Cliveas, very under the radar company, which is making all the right moves towards commercialisation of its services.

Appears only a few of us know about the potential here. The current dominant company which has a near monopoly in the sector is valued in the $billions and VRCI have a very competitive offering that may be commercially available this year.

So Im steadily buying more shares when funds become available.

gla.

Excellent set of results with a sparkling last qtr preformance. What's not to like.

Also discussed in the following interview, about 15 mins in. Paul Hill is very positive on the company and I think it represents a sizeable portion of his portfolio.

https://m.youtube.com/watch?v=PNUNfCIEiP8

I think we will see 100p this year.

Just listened to the interview and pleased, but not surprised, to hear GB talking about psoriasis and STC's focus on the diagnosis and treatment of such conditions.

I am a suffer of psoriasis, which started about 6 years ago. It took about 5 visits to the GP to get the correct diagnosis. My father had the condition and his was never diagnosed correctly. Any sufferer will say that, at times (flare-ups), the pain is unbearable.

So, for STC and all of the other great work that you are giving to society and individuals, well done to Deepverge. Keep up the good work.

If DV ever need volunteers for trials and testing of products linked to the treatment of psoriasis then I would be happy to give my right leg (the location of my condition).