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Well that 18k share buy at a slightly higher price has not moved it either.

It's hard to tell. Rollovers and Bed and ISA are generally a couple of seconds apart and recently have been below the mid price.
I agree that given the liquidity and previous history even small trades have been moving the price but it may not hit a trigger. Who knows but I think that we will trend up from here through the 30's with ease.

I think that charts are largely nonsense however many follow the chart looking for signals. I believe that watching the watchers is as important as watching the market. Especially when liquidity is so tight.
I thought the two trades were a rollover but they are normally within seconds of each other.

Chart looks super. W forming a base after a 85% drop. Strong leg up from the basement, check back broken by buying. If it moves up from here it will be another big leg up.
Christmas and new year will break the momentum but then we should be in for some guidance on H2 and current trading conditions.

£6000 worth of buys add £300000 to the market cap or double that if you count the reversal.That may be a product of the fact that 4 out of 5 shares are not in public hands. I believe that there is still a chronic shortage of liquidity and any available will dry up in just a couple of trades.I still maintain that 40p is the first real sell target for those 20p buyers. Some will no doubt go for the 50% free carry. We will I suspect get 40p next week just in time for stagnation over Christmas /New year. January will be a interesting time to be a holder.

A good reversal on the open down. Shows acceptance of buying in the 30's as good value.
Share price will move up to mid 40's for Christmas into New year unless we get a strong news item.
Sets us up well for a post period trade update.

Any sales would have been unlikely to show on H1 figures. We could get a decent injection of revenue from the deal.

Yes 9 months ago but the ACEnic100 was only released 2 months ago. Prior it was just demo units. The two massive trials with white box server builders would have been on the same basis. Ethernity provide the design and a limited license for testing.
Reality is that Ticomm are the largest and they came to Ethernity. The company have said that they expect design wins in 2019 and mass production 2020.
It's encouraging and that's all you will get now due to the competitive secrecy of the industry.

It won't post once translated but suggested that the collaboration would lead to mass deployment of the ACEnic100 with Ticomm clients.

https://www.xuehua.us/2018/02/28/mwc2018:?????ethernity????sd-wan??????/zh-tw/

I think that this was a massive piece of news totally overlooked. This is China's largest provider using Ethernity technology.

Revisiting the TiComm news from February 18. I assume that now the ACEnic100 has launched that this deal is now in full swing. I believe that this was the deal that David said was worth $90m. Not quite sure what that means but he appeared to say that and I recall the surprise from the interviewer.
"While this is the first customer for the innovative platform (that will be ready by Q4/18), we believe that this will be a winning platform for edge computing applications that will capture the interest of many other vendors,” said David Levi, Ethernity’s chief executive told Proactive.

Ethernity are exhibiting at MWC2019 Barcelona at the end of February.

I suspect that the US - Israel link is getting the attention right now. Asia is a huge market and it is hard to tell if it is ahead or behind largely because of the language issues.
Agreed that if they convert 3 for 3 it shows that they stand diligence.
I am waiting for a contract that takes a broad range of the products and not just the firmware before I measure the extent of the potential. However the more I look the more applications I see the more acceleration is needed and the more nodes are required to enable the more virtual networks. I am now looking at it 3D and seeing private or task focused networks not just covering but stacking on one region. Millions turns into 100's millions.
I have no clue about where this goes but assuming the market leading products are not lemons there is serious money to be made here over the next few years. Not pence but pounds, many of them.

There are lots of projections for server numbers over the next 5 years. They are all huge numbers as far as growth goes. However the ACEnic100 could change all if that doing more with less. In fact it can physically cut the requirement by 60-80% for the same capacity. Saving huge amounts of power, space and maintenance costs.
It's interesting that the two trials of the ACEnic100 are white box server providers/builders rather than brand name server providers.
White box are typically bulk quantities and use Cots components. Commercial advantage in the white box market is a huge deal and using the best acceleration and routing will be vital for comparison not just price per unit but performance, running costs and reliability.
I believe that Ethernity can score big in this field with server clusters used in regional data points at the edge.

Thinking about the very short term.
Following on from the proactive article from August 2018 we are expecting one more contract similar to the 2 delivered already.
"The company is in discussions with three potential Tier 1 OEMs at different stages of engagement for accelerating Virtual Broadband Gateway application".
In addition we can expect to have an update from the 2 mass Smartnic trials.
"Furthermore, the SmartNIC completed massive tests with two leading White Box server companies to include the SmartNIC under their proposals"
"Talks with OEMs also ongoing over Ethernity’s next generation 100Gbps SmartNIC to be released in September of the current year for NFV [network function virtualisation] offload and Security appliances"
Back in August David Levi was very confident that Ethernity was placed in the sweet spot of the pending market. Since then we have seen 2 of the 3 contracts delivered, the SmartNIC launched, a huge increase in company promotion and a decline and reversal of the share price.
I believe researching SmartNICs that they are absolutely essential both for technology and economic reasons. Ethernity are not the only supplier but they are a market leader.
It's really pointless looking back for any guidance as reported in January the market was slow on the uptake. That news hammered the share price by 85%. However a year later I believe things look very different.
I have nothing inside on this company or their business but I do know that mid 2018 the work and interest in the next generation of solutions stepped up dramatically.
Since then a couple of contracts but the requirements are multiple from areas not even thought of yet. I was reading about an Israeli company that creates irrigation solutions using the virtual edge as a platform.
The edge is approaching and Ethernity have the solutions to make it feasible.
How close is it?. I don't know.

Yes makes sense to bank if you think it will drop back further and you plan to move on. Buying 12 back may be difficult if there is any news.

Only guesses though as not even the company have figures to go on. However they do know that they are merely selling their ideas and inventions which have been developed for next to nothing so far. If they were to get involved in mass production even filling contracts I would be concerned but it's not the industry norm. Mass production is largely carried out by the end user client. This requires almost no investment and almost 100% margins with ongoing royalties.
The two contracts we have seen are nice but they are just for the firmware and software for existing systems. The money is in new systems built and designed using ethernity NICs and flow processors.
I don't know how big it will be, it could be bigger than any of us could imagine.
I was talking with a colleague who lost big on a micro pharmaceutical because a trial was binned. Ethernity is not like that, if the focus moves from their products they can rework to cover new requirements. It's not a hit or miss deal.
The share price is almost totally irrelevant at the moment however if I get an opportunity mid 20's I will take more.

A good takeaway from the recent study highlighted on the company blog.
"Edge nodes, located in sites such as virtual central offices, will be capable of supporting the same types of hardware and services as a centralized cloud data center. Importantly, the report sees them containing hundreds or even thousands of specialized accelerator devices in order to provide the high-performance and low-latency foundation for applications such as artificial intelligence and machine learning"
Hundreds or thousands are required for one edge node related to high data flow applications.
OK of course some of the requirements will be less with 6 or 8 required on one server and maybe 4 servers instead of 10 in a cluster. Repeat this 1000's times in regional geographic locations to form a network and you can see that accelerator sales will be in the millions. Now if Ethernity got 1% of the market it would be huge. However at the moment they are best in class.

Unfortunately not much of that is in play.
1. Quality of the technology, Ethernity tell us that they have unique patented market leading technology. Well they would. How do you propose testing that.
2. How it stacks up against the competition. Really there are many similar products but none that are the same performance with the same firmware and the same sector specific experience. So how are you going to measure that.
3. Where it sits in the market. No where as largely the market has not yet arrived at this technology.
4. The quality of the management and their ability to deliver. Clearly they know their technology but as for their ability to deliver, the market has not yet arrived at the bulk of Ethernity new product range and we are only really seeing the first forays into 5G, edge and data acceleration. Any opinion formed here would be reckless and premature.
5. Cash burn. Not relevant if they break into profit soon. They have stated already that they have enough cash to reach market and contracts pay cash upfront payments. R&D costs skewed the last figures.
As for not talking about fancy future predictions. I suggest that is why we are all here. Ethernity are in uncharted waters facing new technology solutions and challenges. They are trying to steer the providers towards Ethernity areas of expertise but will they succeed. Until a week ago the chart said no. Now it says maybe.
I believe that it will and I believe that the broad part of the market will wash over the Ethernity areas of expertise and this will create huge demand.
That is why I am here, not to double or triple my money but for much greater returns.
I believe that Ethernity have a unique opportunity right now.

Anyone looking to trade this for a few extra shares with get burned as buying back in in quantity will be impossible after news.