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It is promising indeed and that is what we should expect from a leading product that in some applications are unique. We are just now waiting for the market to mature

Gives the total of shares held by insiders as 26.3m. States that several of the major institutions hold insider declared positions.

Poor timing for City group but as we knew they were the sellers. This from a insider list.
CITY FINANCIAL INVESTMENT COMPANY LIMITED
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Mar 25, 2019.
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To be winners there have to be losers.

It's really important to understand what a game changer the fiberhome deal is. Not for revenue as we don't know how big that will be although certainly millions each year. It is for the endorsement of the concept and the Ethernity tech. MWC is the perfect platform. I believe that Ethernity are even now finding new markets for the aceNIC100.

Really as expected. This is a must have product for many users. Really just a matter of getting it in front of enough customers. I believe that we'll see huge sales starting very soon if not already. H1 update will be in about 3 months.

I have attached hope that any news hold off for a month or so as the Fiberhome news has a lot further to run yet. MWC has started and Ethernity are going to attract plenty of attention. On my opinion the next leg up is already mapped out and avoiding ugly spikes and short term trading will give people confidence to invest for the main event.
No matter how successful they are in the future there will never be another time where the multiple potential is so high. If the share price were £2 now it would still look cheap.

Strong day today. A bit of buying, bit of selling demonstrating a market being formed. This is the situation we need to produce a sustainable rise over a month or two. Next stop £1. I believe that the price will push past to 102-105p then we need good news to stop it dropping back.
I don't think that it will take much for substantial gains to be realised.

https://www.ethernitynet.com/blog/gearing-up-for-mwcs19-qa-about-ethernitys-fpga-smartnics/

MWC noise starting to ramp up.

1- 2% a day would be super over a month or two.

Much depends on this week. I suspect that we'll see a rising trend establish from here. I think that we have learnt enough to have the confidence that the technology has a viable position and demand. We now have to scale Asia manufacturers producing and selling the aceNIC100 into their markets. Yes this is a new market and only have guesstimates about the scale but it is either large or very large. The only remaining question is over exact timing. Now 2 in the world's leading tech markets think that it's short term enough to be actioning now. I believe that the ramp up will be strong and swift.
I don't see much resistance between here and £1. If we see steady small scale buying and little selling we can cross 50p in a month in a sustainable way.

It's been a super week for long term holders. I think most of us realised that we don't own enough already. I resisted the urge to chase them up and will wait until next week before adding more. 50p was the level I said it was a bargain beneath but given the news I now see that as £1 although I believe right now £2 would not be a crazy price.
The trading has returned to normal levels now but I suggest anyone with thoughts of selling has likely done so already.
I expect to see the share price in a up trend the next few weeks.

As far a royalties go BNG has been a purely software function and now it's a software hardware function. This means that the life of the solution being programmable is much longer. The parameters and performance can be adjusted on the fly. New threats and functionality can be added as required for a fee obviously but much less than new software. It's also important to realise that the aceNIC100 lifts functions from inappropriate solutions and moves them to the FPGA or indeed wherever they route for maximum performance and efficiency.
These royalties could go on for 20 years or more.

Conspiracy theories. I was actually responsible for a one share transaction a few years ago. It was time to pay a fee and I was told that if I did not pay by a certain date shares would be sold to cover. I put funds in but as it turned out it was 80p short and they sold 1 share to cover it. My fault as I was in a hurry and didn't check.

I think that it is important to understand what the product is that Ethernity and Fiberhome are jointly promoting at MWC Shanghai and why they are there.
Fiberhome have a established network of clients already and have been doing this since 1999 so it's not to engage those already using Fiberhome as those channels of trust are already established. This is to bring a much wider sales opportunity for what is a common piece of kit. Although the BNG is a current gadget it's location is in regional data centres cover g large geographical areas. This is a function before the global net so each provider has their own BNG's.
The gateway like other functions are moving to the edge, and closer to the customer to improve performance. Now instead of regional centres with 100's-1000's of servers they will go to much smaller locations where it is much harder to control the environment and power, space and real estate costs will mount quickly. With Ethernity solution the need for maybe 10 servers can be reduced to maybe 2 with the aceNIC100 on each improving efficiency. That is a huge power and space saving making very small installations possible even in existing towers or facilities.
Shanghai reaches the whole of Asia and there will be representatives from Europe presenting also. I feel that existing and previous fiberhome clients will jump at this new gateway as customer demand increases. This could result in millions if aceNIC100 sales in a very short time. Underwritten by fiberhome so no proving the Ethernity tech.

They have the global sales team in place and they are attending all of the events so I think that they are doing the maximum at the moment. Now clients come to Ethernity so the word is getting around as many discover common issues with deployment especially at the edge.
The time frames are absolutely realistic and may ever be beaten. The evaluations will get much shorter as data becomes available on actual experienced performance. In addition there will be the pressure of the deadline as we are beginning to see a race to deploy services in APAC. It will be the same in Europe and eventually the US which is about 18 months behind Asia for technology. 5G and virtual office is mainly still in pilot offerings. In China Fiberhome are in Pilot projects with the 3 largest providers and have been for 12 months. No doubt they have experienced hurdles and Ethernity can help with that.
I suspect that when we hear about H1 2019 in a couple of months they will be very near breakeven. That will continue into H2 I believe.
This business is all about volume and a 10 fold increase in business will result in a very small increase in costs, and maybe 5%. Once critical mass is reached profits will escalate dramatically. Certainly I see no prospect of any form of fundraising. Simply the model does not require it. They don't need to invest in production, but tooling or real estate.
I don't see any prospect of tariffs. The product used in China will be manufactured in China. The product used in America will be made in America. The raw materials are globally available even the FPGA and Ethernity have said that their code works with any FPGA.
I strongly believe that there are multiple products under evaluation right now. The challenges are real and immediate for those leading the race to the edge. Space, power and security are addressed by Ethernity. The figures are excellent and the savings are 80%+ so can't be ignored. Now Ethernity seek to generate 10x the return per code deployment their role is much larger.
We will get news of a US contract but I believe that will be September or October and as David disclosed into an existing market. That should come with numbers attached. A chunky payment and recurring royalties.

Yes in the second hall. When you look at all the solutions and projects that fiberhome are involved in they are with the biggest players in the China market. Recently they entered the Thailand Market and see it as a huge opportunity. This is the ultimate opportunity with the ultimate partner.

Welcome. No chance of dilution. Funds are plenty and production costs will be with the OEMs contracted. The costs are very quantifiable.
The margins are near 100% so it's just a matter of volume of business. With recurring royalties and tight control of costs once in profit it will grow quickly.
The majority shareholders will want dividend income so with forward visibility and no debt it will be easy to allocate big chunks for dividends early.
This is not just about the FPGA smartnic there are multiple products unique and patent protected.

Selling at these levels is just crazy. When it squeezes buying any is near impossible. This share is so far under any valuation.

I hope to see another quieter day to wring out the last of the short term money and to allow the MMs to reflect upon their deficits.
This week has been excellent for us long term holders.
Ethernity networks is still well under the radar and the share price is currently at about 25% of any measure of fair value. Yes some of that is still a bit speculative but not nearly so much as last week. With now 3 or 4 Teir one providers and OEMs approving the solutions the value of the tech is derisked. We are just left with size of the market and timing as risks.
On the plus we have many words like "huge" and "very big" being shared by the CEO. As for timing Asia us leading and the last 2 deals have been there so we can see it's coming and close enough for these massive companies to take positions now.
I have stick with my £3 by November that I floated last year. Still looks sporty from 50p but I believe.

I believe that it's safe to believe that as the tech discovers more applications and appraisals result in contracts that lead times and time to market reduces. I believe that we'll see many "test" applications result in manufacturing deals as regional licensing progress.
Indeed I expect to see 8-10 substantial manufacturers globally with license to make and sell to specific markets.
Ethernity have the advantage of being Israeli and able to trade with east and west.
APAC is really the leading region but the US has a volume of consumers. I find it interesting that the US deal will be to a established market. I see the US as a inward looking slow mover who are fully behind Asia currently.
I think that no matter how many I have I would feel that I want more. I believe that the potential applications are only now beginning to be realised.