The latest Investing Matters Podcast with Jean Roche, Co-Manager of Schroder UK Mid Cap Investment Trust has just been released. Listen here.
Well, that’s 5G done and dusted. I’m assuming g the end of month issue is to ensure 5G are below 5% by then.
When I say done and dusted, there’s still c 5m shares for them to dispose of. Although now they don’t have any more shares to dispose of, will they change tatics? Perhaps they may try to optimise the sp they sell out at, if they’re not in any hurry. Time and counting the double taps will tell!
Cheers 01234.
I also wish especially to thank TL, answered my questions even though I’m sure a number of them were probably ‘dumb’ , more so in the early days of investing here, least I hope so.
I’ve been on these sort of board a long time, 25 years here and there, I’ve met many people through the boards that I like and we’ve all helped each other and others that have remained anonymous but have enjoyed their views and take just the same.
But, in my experience, it’s rare to come across someone like TL who has the depth of insight he/she clearly does. ENET is not the easiest of investment propositions and so those insights have helped me enormously. Thank you TL. I hope we’ve not seen the last of you, as that would be a real shame, but if we have all the best on your future travels and looks like your knowledge of ENET will pay off big time
atb
uhlf
Agree, it’s all coming together for ENET, this board has helped me immensely, a fantastic group here with quality info, news, views, speculation. It will be a lot poorer without the likes of TL, Dallo, Skid and others. A real shame.
Fwiw I’m not leaving ! Whoever shouted out from the back row ‘go now’ please wash your mouth out!!!!
Back to ENET, posted this as food for thought on advfn
I’m wondering about the possible ‘warrant effect’ once the shares are over 60p and more so over 80p may not be that noticeable. Ie folks selling to fund warrants.
There were only c 1.3m warrants issued to pi’s, some may need to sell to fund warrants, some may not. Even if it was 1m shares, we’re trading that sort of amount daily right now, so wouldn’t be hard to move. Further newsflow and I expect av volumes to increase further, making the job even easier.
The 12m warrants in the placing went, I understand, mainly to institutional investors, as such they are likely to have the funds to invest further any may well be happy to increase their stake.
All imo, dyor.
An interesting exchange of views TL & Skid.
I have no relevant experience or any contacts .
The history of Tarana/ENET is one of a collaboration over an extended period of time to develop the technology ENET now supplies. Beyond that we believe 5G IF was set up by Tarana associates or supporters specifically to financially support ENET as the tech ENET supplied was vital for the G1 product. As such, one assumes the relationship was close. With further work for G2 one assumes there is an ongoing dialogue at some level.
Now, perhaps at the ordering level ENET are in the same boat as all the other components Tarana orders. I can believe that. If orders come in on a daily/weekly basis and that works for both parties with minimal inputs all well and good. I presume ENET must tot up the orders and when there’s sufficient, RNS as ‘$2m received’ or whatever.
I think it’s a worthwhile discussion and thank both TL and Skid for their inputs.
ps
Re Tarana , I guess the modest projected growth in the recent presentation graphic may be explained by ENET only allowing for known orders in those projections, that would certainly be in keeping with the conservative stance that ENET take. That would seem to be confirmed by the statement under that graphic:
‘Additional contracts expected to follow the above engagements for further growth’
So Tarana won’t show stronger growth on ENET’s presentations until further orders are received. Although one would like to think ENET are very aware of Tarana’s expected future demand through an on going two way dialogue.
I’m also grateful to all the posters here who contribute so much to our understanding of the situation, is what these boards should be for, breath of fresh air.
But you’ve always go to do your own DD and take your own view on things.
Good point re managements expectations re Tarana, it’s a point I’ve raised before. We don’t know the details of the deal, perhaps it’s not straight line re revenues v units supplied. There must be a reason why the graphic in the recent presentation showed fairly pedestrian growth wrt Tarana.
Sorry for the OT
Older and wiser
Have POLY and RIO but find the miners a bit too volatile.
Dipped toe in DLG, 8%, TU this Tuesday, waiting to see how that looks. VSL, 8% plus spec element (BKKT)
SERE , two special divis next 9 months pushes yield to 13%.
EPIC, monthly divi. MNG . Others on me watch list, inc VOD, GSK, NG
atb
Hear what you are saying eth, best advice is always dyor and make your own mind up. It’s very easy to get carried away in a sea of euphoria, I should know as it’s happened to me a few times! I tend to go for the small cap more speculative end of the spectrum, although these days I do temper that with a healthy dose of solid divi paying stocks.
Get it right with some of the small caps and there is good money to be made. If it goes wrong then the lack of liquidity can mean exiting with massive losses.
Fwiw the situation here is one of the best I’ve seen, although not without risks albeit I believe the risks have reduced considerably over the last year. To be fair I’ve invested in a few ‘best I’ve seen situations’ but something has scuppered them, be that lack of cash, taken out too early, trying to develop a completely new market, crooked management and sometimes all of that!
ENET strikes me as good an opportunity you are going to find, accepting nothing is ever perfect. This one could make up for the lot of frogs I’ve kissed! Although some of my winners have been incredible, none more so than BATM, 100 bagger, don’t get too many of those!
GLALTH
Good point skid.
The Senate passed the Infrastructure Investment and Jobs Act and awaits passage in the House. Here’s an overview of the broadband portion of the $1 trillion package.
What’s in the $65 billion broadband package
· $42.45 billion to states and territories to focus on unserved and underserved areas of the country. At least $100 million is reserved for each of the 50 states. It is important that this money remain technologically neutral, going to the technology that states and local leaders choose as appropriate for their communities. An earlier version of the bill had discriminatory provisions which would have privileged government networks over private ones, an anti-competitive action.
PaTT’s take , from advfn
My maths works like this. If these WISPs are springing up all over the USA right now (we are only tracking a few of the early adopters) and say, 15m American households are using G1 in the next two years, with an average of 150 households per BN, with $500 per BN to ENET = $50m revenue. Just USA.
Seems a high figure but Microsoft analysis shows that:
"The problem is almost certainly larger than that, though, as other studies and data sources, including Microsoft data, have found that 162 million people across the United States are not using the internet at broadband speeds, including approximately 29 million people across Iowa, Illinois, Kansas, Nebraska, Oklahoma and Texas."
hTTps://news.microsoft.com/2019/09/18/nextlink-internet-and-microsoft-closing-broadband-gap-in-central-us/
The rural broadband funding is central to addressing this issue and IMO only the ENET IP allows it to work. The matrix of towers within 10km of each other where they all talk to each other and redirect data along the optimum channels and also skip data to a central tower that has data stream to edge computers/satellite (low orbit)/fibre cable is the only way to make it work and work fast. Clearly this is what Redzone etc are doing.
I expect the next Tarana 2022 orders update to have increased to in excess of $4m and then rise further. Then we will see this share in 100's of p's not 10's.
Update...watching the G1 release youtube again the MTN man said that MTN South Africa has 180 towers end October and will have 400 by year end. That is some rate of expansion and at $500 is another 220*$500= $110k just there alone in SA in three months.
TL, message from PaTT on advfn for you:
Can somebody let TL on LSE know that it is not 512 RN's per BN but 256:
hTTps://www.taranawireless.com/solution
"G1 is all about keeping it simple. The platform includes compact base nodes (BNs, each a single integrated package that includes antennas, PAs, several teraflops of digital signal processing, managed Ethernet switching, and 10G optical network interfaces) communicating with up to 256 similarly self-contained remote notes (RNs, our “customer premise equipment”) per BN."
The ongoing roll out
https://wisperisp.com/wisper-internet-launches-18-new-towers-in-october-2021/