Member Info for Tracylied

Pick up buyers at 39. Sellers yesterday made 10% to buy back cheaper. Easy way to make €1500 for a tank of diesel.

I don't really have any interest in the awards. I can't imagine anyone in the UK is going to get excited about it and it's so hard to buy the AIM from anywhere else.
The next news will be the completion of the $930000 contract. Hopefully it will come with some good future income projections and a name so we can explore the potential.

39.7 to buy now so I guess that there's a large sell working through. Someone will be kicking themselves soon.

Should make up at least half of yesterdays drop today. Absolutely stupid share price. Even 60p would be a stupid price. Should be well over a pound given the near term opportunities open to the company now. In 12 months progress has been substantial. Comparing the two final results it is absolutely clear that Ethernity has turned the corner.
Mass deployment looms large on the short to mid horizon. Contracting this year deploying next guarantees a substantial news flow in H2.
Delays mainly in India is only a temporary setback to 1 of 6 or 7 exciting avenues.

That's certainly my view. However I think that the short term pressure is very weak and will release with very little encouragement.
Much of yesterday's RNS was copy and paste from the year before with just updated content. I see in comparison that in response to the US stance on China they have refocused west. Still lots in Asia but much of the new information is west aimed.

As stated repeatedly I don't expect any direct sales of Ethernity products. Good to have this confirmed.

"With the disaggregation framework that is progressing within the CSPs (Communications Service Provider), delivery to the CSPs will be undertaken 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. The Company does not plan to sell its products directly to CSPs for large scale deployment and intends to deliver to the market through the above channels"

And not forgetting the Avionics switch with 2 North American aerospace OEMs. America has huge upgrades planned for the Eagles used mainly by Israel. I suspect that the Ethernity switch will be in this product and the vendor will be a sub of a huge weapons navigation supplier.
This could be a significant $3m contract in the near term.

And not forgetting Tarana with huge potential for increasing their $1.2m 22 order. I expect it to be closer to $5m for 22 but it could be very much higher if 6 months away they already have these booked. New deployments for large US and Australian deployments.

The Company revenue during 2021 and 2022 will be derived from mixture of sales of FPGA SoC embedding our ENET flow processor firmware, routing software stack, customised UEP offerings, and the FPGA Smart NIC solution for UPF and DU, with anticipated contracts during 2021, leading to confirmed orders for 2022.

That is contracts this year.

3 Tier 1 server manufacturers. Trials 21 deploy 22
Closing a contract for $930k with $2.5m for 22. Near term news.
UEP-60 and 300. India manufacture for global distribution to vendors.
UPF engagements OEMs and partners trials 21 deploy 22
Asian service provider using ACEnic-100 Q4 trials deploy 22
China open UPF test Q4 deploy 22.
TietoEVRY collaboration to join solutions exposing Ethernity to TietoEVRY clients.
So I think that it's fair to say that there are many near term catalysts to transform the share price. We are seeing a squeeze today but it won't last long.
OK a few delays, they are inevitable Covid or not. However Ethernity are not waiting on one event these are multiple engagements with trials immediately and deployments next year.
Think about what this will mean for the share price.

So does nobody see the $930k contract in the final stages that will be announced soon. The future of that contract will be huge for Ethernity.
Headline $930k contract with $massive$ thrown in year after year.
There are now multiple deployments expected 2022 those mass deployments are disclosed but there's lots more going on.
The 3 major server manufacturers Dell or not will create news over the next weeks and months. This is not a switch off on, there are multiple opportunities for news.
Now this backwards looking report is done the management can look forward.
4th May the management stated that they are on target for this year. I can't see that has changed, delays with covid are nothing new.

It may suit some people to be negative but there is almost nothing negative written today.

30% from recent Highs. What does that even mean. As useful as up 200% from the recent placing price.
You only post on down days. I guess that you have no friends.

Virtual Router: The Company is collaborating with a Tier1 Networking vendor on a joint offering that will include their well-known Cloud native virtual router software package and our ACE-NIC100, that will offload the router data plane. Within the framework of the collaboration, Ethernity will benefit from the inclusion in their substantial market position that they hold with system integrators and service providers.

Any guess who this is. Several I would like it to be. Tier 1 So network to network. There are several new players like Volta that spring to mind.
The theme that we are seeing is a whole host of projects based on ACEnic-100 trialing in the very near future and deploying 2022.
Last year we were told deployment will begin 2021 but gain size 2022 and grow exponentially from then onwards. That is now beginning to look like the case.

Cambridge you are a complete idiot.

Sergi we can both celebrate when I prove you a loser in the guessing department.

The DU market will be served by Ethernity in one or all of the following business models:

1. Sell the Company's proprietary ACE-NIC FPGA NIC hardware (and future generations), that will embed the Company's IP and software stack, which may result in the Company requiring additional working capital to fund the manufacturing process for large volumes.

2. For high volume NIC deployments such as DU market as indicated above, the Company will seek to build a disaggregate business where hardware will be delivered directly to the customer through a 3rd party FPGA vendor and the Company will sell the software, allowing reduced costs for the customer and the ability to propose a joint competitive offering to the customer.

3. Subsequent to obtaining a large enough market share, given that the Company holds a complete ownership over the code running on the FPGA without any dependency on 3rd parties, the Company may consider converting the FPGA design to an ASIC with the intention of entering and capturing a larger market segment at higher margins.

5G news is released on a daily basis now as providers improve and enhance their capabilities. These are mostly done through alliance and collaboration. Ethernity are engaged in multiple alliances and collaborations. I think it fair to say that Fiberhome is shelved now given the US position on them. However China is still very much a game on.
Most of the progress reported today is US and probably Europe but that does not mean that the global opportunity is reduced it is just a matter of timing.

Greg indeed and Ethernity can secure many of others DU orders with the 3 major server vendors. Interesting that we have seen several times about Integrators interest in the DU solution. Suggesting that Ethernity will have a standalone DU bolt on for integrators to marry with CoTS servers of their choice.
I don't know how the DU deals will go but I think that we can expect a substantial engagement payment from Dell and two other server vendors, probably this year or following trials.
Looking broadly across other contenders I have to assume that Dell are the engaged party. Obviously not news now as they have trials and as David says much work ahead. Certainly Dish will be starting to add fabric to their network early next year.

Sergi I will take that bet. I feel cruel to take it from you but I will.
They stated that $6m was the expectation and so far they have exceeded the Tarana volume by 50% on orders. Just a few weeks ago they said that they were on track. I see no reason for them not to be achieving $5m in the period flagged for the most action and income.
Yes there will always be delays, suck it up. This company are flying with their tech. I don't think that there is much downside and it will take very little to realise 60p. After all we know that they have substantial news near term.

Plenty of income over the next 18 months. Certainly enough to cover ongoing costs.

I guess that you can't read.