ENET

1418 days ago

Ethernity Networks – declined vital grant, needs a rescue placing ASAP but its broker Andrew Monk is too busy betting on the nags

An “Update on IA Grant” announcement from Ethernity Networks (ENET) is actually that it has been informed that its grant application has been declined. The shares have currently responded to 21.5p, approaching 30% lower… but surely for what it states is “a leading supplier of functional acceleration ethernet adapter cards”, this is no major problem?…

2313 days ago

Tom Winnifrith Bearcast - Roll call of shame Arden & the ethically bankrupt mothers at Yellow Jersey

In today's bearcast I look firstly at Debenhams (DEB) and its Christmas trading statement/profits warning. I do not believe what it says on cost cutting going forward and explain why. I do not believe its profits guidance for 2018 either and as such even on an apparent 2018 PE of 7 it is a sell. I also look at Ethernity Networks (ENET) - six months from IPO to shock profits warning, what a disgrace and at Be Heard (BHRD) which forgets that sales are vanity...