Earthport Share Discussion Threads

[isaready] 28/4/2016 09:05

SS have you kindly ignored these EPO FACTS.

Question:

What if they do grow revenue as predicted?
What if they do recover the 5m either through insurance or litigation?

Do you think the share price will crash and burn as you have predicted.?

Read the below.

Forecast year end cash balances,

2016; £15 million to £17 million
2017; £10 million to £11 million assuming no recovery of Baydonhill loss*
2018; £11 million to significantly higher.

*On Baydonhill,

EPO's own financial crime insurance covers them for up to £4.995 million.

Administrators assisting EPO in claiming against fraudulent clients own insurance.Civil recovery proceeding against one or more directors personal assets. Metropolitan police investigating and assisting.
Forecast H1 2016 transactions up 43% on H2 2015 numbers and 23% increase in payments volume.

Expansion to continue and expected to be 2.4 times 2016 operational income.

[homerdude] 28/4/2016 09:02

SS, What Chadders has posted appears to be right. Correct me, but it does look like you blatantly lie to suit your agenda. Terrible. SS do correct SS statements in public domain. I am referring to woo statements he posted not his view.

[isaready] 28/4/2016 08:43

Chadders, interesting indeed. Did you not know, SS wants EPO to die no matter not. Hatred and vengeance is key to his survival.

Year end cash balances, is that known?
Insurance?

[chadders] 27/4/2016 23:32

Some interesting EPO information

Forecast year end cash balances,

2016; £15 million to £17 million
2017; £10 million to £11 million assuming no recovery of Baydonhill loss*
2018; £11 million to significantly higher.

2016 business is cash generating with operating profit at 25% of sales

My view - no funding required. A certain troll needs to take note.

*On Baydonhill,

EPO's own financial crime insurance covers them for up to £4.995 million.

Administrators assisting EPO in claiming against fraudulent clients own insurance.

Civil recovery proceeding against one or more directors personal assets. Metropolitan police investigating and assisting.

My view - highly likely that some, if not all, of the £5 million fraudulent loss will be recovered.

Forecast H1 2016 transactions up 43% on H2 2015 numbers and 23% increase in payments volume.

Expansion to continue and expected to be 2.4 times 2016 operational income.

My view - a rapidly expanding business with a clear strategy and a management team that is delivering.

[isaready] 27/4/2016 13:40

Sorry SilkStag, maybe you are not understanding the point I raised.

The next RNS was indeed about funding, yes, but it is NOT hollow. That's simply your opinion and NOT a fact is it. So sorry to say it again, but its not hollow.

I don't offer any apology, but then again you seem to talk to yourself a lot, so go ahead, tell your arrogant tripe self its a sorry when really, ultimately, you were wrong.

Actually, have you ever been wrong in your life? have you ever been wrong?

[silkstag] 27/4/2016 13:30

Post 12185 SS on 26 April includes: "next euphoric RNS will be hollow". I accept your missing apology isaready and congratulations for me being right again about dirtbag management.
It's easy. Assume EPO management are lying and failing...and that is always right!
All imho

[chadders] 27/4/2016 12:39

It's informative.

[isaready] 27/4/2016 12:18

yesterday was not a pump and dump, what 1.4m shares, hardly nothing.

You never predicted the NEXT RNS would be hollow.

[silkstag] 27/4/2016 09:12

I predicted the next RNS in this pump and dump would be 'hollow' and here we are. Crooks connected to management drove the price up 12% yesterday with the insider knowledge of an RNS this morning. And the monster business news is that they are having an investor presentation day today. Oh, so no business news at all. EPO is the king of hollow and empty RNSs!
More porkies ahead of their disaster funding round. More bad news cover-up.
Holders and bulls, you must be very proud of this stock narket fraud and valueless RNS!
MANAGEMENT DEATH SPIRAL CONTINUES
Pumped share price on vapour and lies will crash when the dump starts. Maybe it will slide sooner with disgust at this crooked conduct?
All imho

[isaready] 26/4/2016 16:06

SS, I asked you a question, do you think your historical troll posts contributed to the share price fall? yes or no?

[homerdude] 26/4/2016 10:58

Silkstag thinks hes the messiah. Give over

[isaready] 26/4/2016 10:14

chadders, SS is not qualified to give any advice. Looks like uptrend kicking in.

SS, do you think your constant drivel has contributed to the share price fall? Simple question, were you the one who made the share price fall, yes or no?

[chadders] 26/4/2016 08:31

You're not qualified to give investment advice.

[silkstag] 26/4/2016 08:21

The pump has started. Management need to raise disaster funding so will be telling anyone who will listen that good tines are just round the corner. They were due a 'lie again to investors day' in April. They had one in September 2015 and covered up that the lead trade partner IFC had started selling shares.
They have covered up that they will report -£18m loss fy16. PG have not issued any forecasts having withdrawn everything on 21 March 2016 when they realised management had deceived them about the first half in late January and Feb.
There may be other bad news covered up until after management try to sure funds at whatever price they can get.
One or two institutions will offer sone limuted price support but enough sellers realise thus management team us in a death spiral so sellers will exploit that manipulation by bailing.
Overhangs of bad news only propped up by management lies. Disaster dilution @4p on the way with 1 for 7 share consolidation.
MANDATORY SELL
All imho

[isaready] 25/4/2016 20:59

silkstag, who cares, I don't. Its all in the public domain, 400 million shares issued. Yes, and, that alone does not dictate whether a companies strategy would work, so its irrelevant. To me the fact you keep repeating public info means you have little substance to say.
The share price has fallen, yes correct, but not because of you, or your tripe, but because they changed strategy 18 months ago, yes costs went up and it seems they made a 5 million blunder. That's not right, simple, but it has nothing to do with what you just said.

You state the dilution in such a devious manner its clear you peddle your tripe for your own agenda. Though you sound like an old fart, you must be old, the peddling and troll nature demonstrates you immaturity.

[silkstag] 25/4/2016 18:36

Have issued 400m shares since 2010 (x6 dilution 80 to 480) and will issue another 500m @4p in two disaster funding rounds plus 1 for 7 share consolidation to crush holders like in 2005. Rocketing costs, wild losses, lying to market about expectations...did mire harm than the organic revenue growth from £2.5m to £15m or whatever it is in truth.
CURRENT MANAGEMENT IN DEATH SPIRAL
MANDATORY SELL
ALL IMHO

[isaready] 25/4/2016 17:39

daviddosh,

Revenues may be growing but rather slowly and mostly by acquisition and at one of the acquired companies they just lost £5m.....Meanwhile costs are growing at a faster pace than revenues anyway. Profits were promised years ago but increasing losses just keep piling up so more and more dilution to balance the books !

I see your point, but they have not done 20 million of acquisition revenue have they.

[isaready] 25/4/2016 17:37

silkstag, are you an old fart kinda chappy.

[davidosh] 25/4/2016 16:31

They have hardly failed. When this management joined their revenue was a couple of million. Its now over 22 million and growing. ( Isaready)

Revenues may be growing but rather slowly and mostly by acquisition and at one of the acquired companies they just lost £5m.....Meanwhile costs are growing at a faster pace than revenues anyway. Profits were promised years ago but increasing losses just keep piling up so more and more dilution to balance the books !

This is not a new company....it has been going nearly 20 years without making money for shareholders

[homerdude] 22/4/2016 13:52

Uptrend kicking in

[cheshiremoggie] 21/4/2016 12:18

SS,

The only issue I have ever had with you is your portrayal of people with differing opinions to your own as crooked or stupid.

As to EPO currently, I'm not invested but we will see quite shortly what the management have been doing these last few months. It should make interesting reading.

CM.