Member Info for Tracylied

11.65/12.55 looks like a orderly market is forming now. Prices will rise

40k buys no sells. Looks like WINS still have some to pass.

Ethernity is my only UK share. I have lots of investments but I try to avoid the UK if I can. I think that a Tel Aviv listing would definitely help as many are unable to or won't invest in the AIM.
I hold investments in several startup businesses on a direct investment basis some of which are doing very well and others are mothballed with covid.
I find the LSE tiresome as it is rarely about the business.

Yes indeed. The FT only seems to open in the UK. So when looking for industry leaders who maybe involved in the solution they speak to Ethernity. Supports our view that Ethernity will be a major player.

https://www.mobilenewscwp.co.uk/Manufacturers/article/will-uk-5g-landscape-now-look-like-without-huawei

230k buys against 16k sells. Whatever WINS have it has definitely taken a chunk away. Actual trade price trend reversed today. We can expect a gradual price increase leading into a sustained rise. Buying window for me is closing now. If there is no news tomorrow I will spend another couple of thousand and do that each day sub 15p.

160k buys against 15k sells. It won't take much to kick this off now. WINS are the only MM holding this back at the moment.

12.06 to buy. WINS still have 9p stock I guess. Holding the price back. Once they break we are away.

It's off market so no impact.

They have bought in a leveraged account not using their own money. It has a defined term 10/20 days etc. At the end they have to sell but can then buy back again in a new deal very close to the price. Classically goes through a few seconds apart, same financial amount and very similar price. It means nothing for us accept that someone is happy to extend the bet.

£24k rollover. Too big for a bed and ISA. Faith enough to rollover. Look for that sale in 10 or 20 days at 20p.
I have bought 72k at a 15p average in 12 trades. I will add another 28k before it goes through 15p again.

Very little resistance between here and 30p trigger for 20p warrants. Much then depends on how many find there way to the market. I would like to think that at least half will to address the liquidity problem. 30p then 40p will stage progress on the way up for sure.

The next few months will be interesting to on the IP front. I suspect that we'll see IP related to Ethernity patents being licensed for solutions by third parties. It's huge business and with the 5G standards being formed and the US taking part despite Chinese domination Ethernity could benefit substantially if they have called the patents well. We can see companies with broad IP holding the industry to ransom now.

WINS at 11/13 are the only MM without a extreme bid or ask. Looks like several are caught short in either direction. That's the risk they take I guess. Fingers will burn as the price rises this week.

The 8774 trade was my buy showing as a sell again. My last 5 trades have all shown as sells.

My view is if it all goes horrible and they get scooped on the big stuff they will still reach a couple of pounds. At 50p a share I wouldn't be too happy but at 25p a share I would take that as a worst case. Clearly if it is a winner then the valuation will be 100's millions.
All I am doing is ignoring the macro events around finance and looking at the sector and Ethernity position in it. The warrants will be triggered for sure but even then the shares in issue are still very limited.

"In March 2020 we achieved a further design win with another Chinese OEM that is working on integrating their UPF control software running over DPDK to operate on top of our ACE-NIC for UPF data plane offload with delivery of the complete offering for testing planned during Q4 2020"

" In early June 2020 we received a further order directly from another Asian service provider planning to deliver their own UPF control and offload, with Ethernity's ACE-NIC, the UPF data plane. On a success case, with a deployment plan starting from second half of 2021, this may lead to 500-1000 ACE-NIC card sales in the two years following starting of deployment"

"Furthermore, the Company is engaged in ongoing discussions on 5G Central Units data plan offload by utilising the ACE-NIC to support security, header compression, reordering, and protocol offloading with a number of software VNF vendors and service providers. An analysis performed with a vendor shows that by utilising the ACE-NIC on a server for acceleration of 5G CU networking and security functions, it resulted in an estimated 70% to 80% CAPEX saving for the service provider in deployment of 5G central units elements"

"Our estimated total addressable market for the next five years for NIC cards required for acceleration of 5G UPF is $1.2Bn, which the Ethernity ACE-NIC product family can address. This is based on the assumptions that a 100Gbps performance will serve 10,000 5G users, and with the market analysis (depicted in the Annual Report) that forecasts a total of 3 billion users by 2025. Within this we anticipate a market need for 300,000 FACs for 5G UPF over the next 5 years, commencing in 2021 with growth ramping up exponentially from 2022"

With ACEnic-100 set to go in the CU and indeed broadly applied across the core the market grows substantially. With the other side of the network into tier two and end user wearable or integration now looking like a fpga opportunity the market can grow again.
Ethernity has a UPF but most of the product will not be using Ethernity UPF. They will have a direct sale plug and play for boutique applications which will be a premium product but most sales will come through third parties. These are trusted, established local vendors with ready access to market through established routes.
I believe that Ethernity through this network will secure the lions share of the business.
2021 will show the first signs of what is to come and I expect 2022 to show revenue 10 times higher and only a small increase in costs.I believe that 10 times previous year will be with us until at least 2026 with the royalty escalation and market explosion fuelling growth.
What we have now is small but what is to come is huge.

Dallo David saw it a very long time before me. He stopped his successful established business and IPOd as he knew that his vision would cost money. He would have got it just right if it hadn't been delayed by 12 months.
Fact is that over the last few years the direction has changed a bit several times and Ethernity have developed solutions at the demand of the market. Many of the early solutions will still be relevant in the near future but as we know for now they are on the back burner.

These facts are exactly why I am a buyer and not at all interested in the current factors pressuring the share price. This has been a solid gold gift. I have taken advantage and will be buying again next week.

The big three have installed the base stations now the next step is the UPF and ACEnic-100. I have a strong suspicion that Ethernity will take almost all of the nic requirements and 10-20% of the UPF solution. You definitely won't see Ethernity on any box used.
I have been looking at fitHAUL wondering if Ethernity is inside.

Yes I may be crazy I don't know but I am very certain that I have a grip on how this will develop. I believe that we'll see all the warrants triggered and subscribed in the near term. Cat will be out of the bag soon.

"With the disaggregation framework (set out in more detail in the Strategic Review below) that is progressing within the CSPs, they create inhouse software development teams with the intention of delivering their own inhouse UPF software based on open source frameworks, or to purchase the UPF virtualised software from one vendor, and server and FPGA SmartNICs from another vendor. In such a case delivery to the CSP will be dealt with by system integrators, such as TietoEVRY, server manufacturers, the company's OEM customers, or other channels that will supply and support the deployment at the CSP. In any event the Company does not plan to sell its products directly to the CSP for large scale deployment and intends to deliver to the market through the above channels"