Member Info for Tracylied

What is interesting about super micro is the node on a street light. It always seemed the obvious solution and really a indicator of how poor the penetration will be on these very wide band signals. I think that they will also require a network of repeators to ensure coverage.
It's completely different but it's obvious looks at 2ghz and 5 ghz WiFi. 5 is much quicker but move 10 metres away or behind a wall and you drop out.

Yes a press release with no actual information. A strange strategy to deliver now in a poor market. Immediately after the RNS would have made some sense. Leaves me wondering.

In theory Ethernity can accelerate their own or all other fpga based solutions. These are very niche applications and I doubt that Ethernity are involved. However a Ethernity client can purchase this solution and accelerate it with Ethernity products. There are many such products on the market. Ethernity would look to be involved with the OEM prior to this stage to be a option for deployment that the OEM provides turnkey.

I don't think that it will be long but the fact rather than the fear still needs to land. I won't be buying until the market has spent a week or two digesting the new landscape.
The danger is not from the virus but the response to the virus. The damage will cause delay and cancellation for sure. How much actually impacts Ethernity I don't know but it will be significant.

Walking it down now.

I suspect that we'll see mid 30's again. No appetite for risk. I am holding tight and will add if a cheap entry is possible. Probably middle of next week. Certainly no rush, powder dry time.

I think that the way down will be 2 stage at the moment we are in the fear cycle, largely fear of the unknown. Next will be the actual financial impact on manufacturing and supply, haulage, fuel, travel, tourism, and any business where people gather together. I hope that doesn't cause businesses to hunker down and cap investment but I suspect that it will. In real terms for Ethernity it could delay decision-making and make raising funds (if required) much more difficult.
Clearly a global pandemic is a spending killer. The very fine global balance sheet of fakers like the US and UK that only survive on debt is at risk of collapse if momentum slows.

Indeed. I will take more in due course.

I guess someone is exiting in a small sell every day. It certainly drags the price down with no other trades

I assume that the US deal is the delayed beyond ethernity control but still in active discussion. Active discussion to me means that they are still interested or haven't said that they are not.
The Q2 expected work is something different. Not fpga smartNIC acceleration linked to edge or 5G but really their old day job. These are bespoke work. Although the Aviation solution maybe transferable and marketable if Ethernity actually own the work. I suspect that the 5G wind dropped temporarily maybe due to the pandemic or MWC or something else. Ethernity clearly have multiple avenues.

I guess some people perceive a couple of months with little or no news and a write down of R&D costs creating a headline increased loss. I don't see much in the update that we didn't know or ought to of known. We do know that large regional solution providers are working with Ethernity and Ethernity will be involved in the China 5G deployment of sure. We also know that they are working on a aviation specific fpga solution. This will have appeal we'll beyond their current 2018 contract. I see no reason to sell, I wonder how many are waiting on their ISA allowance.

For me it's bang, bust or boredom. I don't think that they are wrong and I don't think that the large scale players associating with Ethernity are wrong. Question is will the market be huge, super huge or absolutely super huge.
Numbers are up in the air and we don't know unit costs. However I don't think that David would be doing this for nothing.

Q2 they said.

I would think that any delay in positive cash and the pace of pioneer deployment was largely expected and in the price.
I envisage that we'll see the rest of the world following China in method. Despite some isolated deployments in South Korea and others China will be the benchmark for method. With Chinese OEMs looking to Ethernity to provide the fpga, nic and software for them to build their product on they will become a industry standard. Ethernity will be able to replicate globally very quickly as the next generation wave radiates from China.
This will be a very large business indeed with very low overheads producing a lot of profit. Yes that maybe a year or three away but as we have seen before hype and attention drawn to sectors way before any real value arrives. That's when tough decisions are made.

Good to see that they are working with several Chinese OEMs to embed the ACE-NIC100 into their solutions. This will certainly pay royalty over many years and produce the kind of reliable income that will allow for early dividend payments to shareholders.
Today's update confirms that the silence was about delays as we guessed. It confirms that Ethernity are still very much in the centre of the next generation requirements.
Ethernity are well placed in China working with Chinese OEMs so will catch the first movers. This will demonstrate to Europe, US and others that are way behind that Ethernity have the means to deliver solutions. The rollout, deployment and mass production guesses were way out and really half the world should have these solutions in place already. Largely this is because many approached 5G as a faster 4.5G.
Ethernity are much more than 5G but this is the driving topic at the moment.

I think that it's obvious what is about to happen and everything else is quite volatile so this may have some safehaven appeal. Really whether it goes to £8,£10 or £12 in the next couple of years is irrelevant.

At least 6 months slip in the when market reflects the fact that still many talk of the next generation but don't actually know how to deliver it. It is clear that they were try to concentrate resources rather than accelerate resources. Ethernity will show them how.
In all about what I thought. The US deal delayed but still coming. The US tech is so far behind the civilised world that it could take longer than envisaged.
A decent no flowers update and it is clear that Ethernity will be huge.

Generally when I have doubled my money I take my stake back for a free carry. That is quite a common strategy to derisk. I don't see myself doing it here.
Fact is that this share is chronicly illiquid. I don't see any Liquidity until £1. A lot took positions early Jan 18 and I suspect that some of that is still held.
I guess how long one will hold depends upon many factors and only some have anything to do with Ethernity

I am sure you are. I believe that a minimum of £10 will be achieved eventually. However as I said I do not think that they will see many sellers below £1. Many bought in the low 20's so will de-risk at £1 in my opinion.
I believe that substantial dividends from reliable recurring royalty revenue will be how this pays back. The major holders will support that I am sure. No debt and no expensive production tooling so it's a really simple thing.

To be realistic I don't think that they will find many sellers below £1.