Member Info for Tracylied

Just over an hour long but quite compelling and plausible.
Yes $6m H1 from Tarana. There are several large deployments starting and I am informed that the RTA that are deploying Tarana in 21 states are massively ramping Tarana as they have many tough to reach locations and G1 has by far the best performance and price. Anything more than 50 on a node they are starting. I was told that 1400 nodes was the target but it could easily double Q4. RTA commenced their installs last Monday.

Watch out for a satellite contract for a backhaul solution that also involves Tarana.

The Tarana presentation was very informative. This is going to be absolutely massive.
Ethernity getting a little mention here https://www.telecomtv.com/content/access-evolution/starry-tarana-shine-a-light-on-fwa-s-potential-42592/

I got some feedback by PM about my $6m in H1. I don't think that I am far away.

David saw how this was going to be long before any documented accounts from others. He has after a few false starts put products in front of the market that are necessary, innovative and well priced. That will now generate huge rewards.
I appreciate that as a almost unique skill. However I don't love him or Ethernity. I will take what I can and move on without regret or looking back.
Of course I want to see it a success but only for my own ends. Once I sell I don't care.
I have businesses and individuals that I support. All but one made the journey from Africa to Europe many without even a shirt on their back. They now own part of their own business. Several barber shops, Convenience stores, taxis and small buses. Now a hotel.
These are people worthy of investment long term. Their success is my success. They are hungry, literally and sometimes you see yourself in these people.
The first one I picked from a rubber boat alone after 3 others died. I took him to Italy where they refused then Greece where he swam ashore the last kilometre.
It's easy not to care about people or a business worth millions. Ethernity will make me €1m and I will enjoy it.

It's all down to news now as momentum and the chart are negative. There are several massive items pending but so far they are sitting on the news.

Icepick I think that he read the report that clearly states that they are funded then when he found that was not true decided that he didn't want to be part of the sham
I am here for profit and have no ethical or emotional interest in the company.
When I am ready I will drop them like a soiled nappy in the trash.

I think that the share price will do very well but as he said there are many others.

I think that demonstrates adequately how he felt about it. He said successful or not he wants no part of it.

Mr 500k had a 2 year outlook but told me that they have behaved like cowboys and he has no faith in their ability to manage their finances.
I couldn't argue about that, two very poor placings that have both resulted in poor shareholder value.
Someone needs to be accountable.

I expect the market to look not much further than the headline which is why we have this reaction. It would have been the same at 70p if they placed at 50p.
The market judges the event harshly and it's not surprising. It's very poor value for anyone who bought in good faith after saying that they were funded. It doesn't matter what it was for they should have done better.
Moving on if you like. What would you like to discuss.

It's about to become very important to understand the relationship between Ericsson and TietoEvry in the open environment.
This is where in my opinion Ethernity needs funds.

As Ethernity don't sell hardware they sell complete solutions which the OEM takes to production and sells as their product through their network. It's much more likely that an OEM would be paying Ethernity than Ethernity having to spend anything beyond development and proving the product. Usual business for Ethernity.
The model doesn't require large investments from Ethernity.

Just following the momentum. I don't much care if it goes to 34 or 29. It's the result of the placing which had they waited just a few weeks would have been at 50p not 35p. Momentum was strong and they ignored the absolutely obvious. It doesn't matter what happens they can't put that dilution back in the box.
It's not the dilution that concerns me it's the lack of awareness and understanding.
The market has taken the lack of strategic perspective as a sign of weakness and I do agree with that. I am not concerned about the tech. I know much more than is public at the moment. We'll get production orders for DU cards and another UEP contract for an outdoor unit from a massive US OEM.
Q4 I expect a rush on Tarana numbers and substantial IDU sales through the global aerial vendor. That will be a $6m order over 6 months.
Yes the Aviation switch contract is still on but will be small by comparison and will confuse the market so I expect it in with the next results.
Anyway I am not expecting the share price to do anything but drop without news.

Unfortunately for many I think that the placing was a clear signal of a lack of understanding. Added to the previous disastrous placing it demonstrates a course of conduct that for some will be a strong indicator of a negligent financial team. Just saying that this view is strongly supported by the collapsing share price. An event totally created by poor decision making.
It is a view expressed to me by several who have now sold including Mr 500k.
I don't agree but I feel that they have done themselves and us no favours.
It really doesn't matter what the money is for it's the timing that is a problem. It's short term I know but many look at momentum to time their buys. Right now there's absolutely no reason to buy as without news it will go sub 30 unfortunately.

Asklongy exactly my point. I feel that it would be useful to acknowledge the mistake and move on

Up to 4 units per tower. 1400 units will be installed in 2021. However given the RTA and others deploying it could still go higher. Producing immediately $500 a unit and I believe $500 more over 5 years (not confirmed by Ethernity)

https://www.fiercewireless.com/tech/tarana-s-fiber-like-fwa-tech-draws-attention-from-bt-mtn-wisper

If you want it you'll have to come to Cape Town in 18 months to collect. €250k sail away bargain.

It largely depends on your entry point. I suspect that my 12p shares will x40.

Greg the actual fact is that we know nothing so it's hard to tell if they could have waited a few weeks to place at 50p. I guess if nothing happens in the next week we'll know that they were totally disconnected with the market.
Ethernity products are complete solutions they don't make hardware, don't invest in production capacity. They design and deliver complete solutions for OEMs to build and brand. This model takes very little cash to deliver.
Barriers to entry are very high but that is the tech not the investment.

It doesn't matter what you say Greg the market is not listening to you.

I say again. It's not the purpose that concerns me it's the timing. It shows that they are disconnected from the market and that concerns me greatly.
We saw it when the share price fell to 12p last time. I bought over 200k at 12p because I saw the disconnect. The management were oblivious and remain so.

Greg our views are unimportant as I suspect that we are all holders. The valid views are the buyers, sellers and the MMs who are walking down on poor sentiment and weakness. The question is not if the placing is needed or if it will reward 1000% the question is why now, what's the hurry.
Yes let's lock in at a low value with no reset or exit. I tell you had the share price dropped to 30p preplacing it would have been pulled