Earthport Share Discussion Threads

[makercreator] 07/11/2016 13:06

The stock is looking like a healthy bounce. After the falls over the past 12 months, the bottom of 11p, the next move is north to 40p. Why? because it's all positive from here. The interims next year will cement progress in the company, towards not just profit, but some serious growth, sustained growth from decent banking clients.

make no mistake about it, earthports ability to go for the corporate clients, inflows, outflows is serious cash, serious money. If they aim for the volumes game, they'll make a lot of money, even if they reduce the transaction value a little further. Automation is key, money movements and lots of it is key.

It's clear buying Bay was a good move. Sure they have had issues, this is to be resolved no doubt, but when you can also benefit from FX gains, this is critical for earthport. It ensures they make money from the whole supply chain, and why not, it's all profit and all towards the bottom line. If they never owned them, the gain would to be theirs.

I would like to know when the 5 million was noted internally. Does anyone know?

[isaready] 07/11/2016 12:34

Looks like 25p, then 32p.

[isaready] 04/11/2016 16:27

delight - great name, yes, it's up from here.

[isaready] 04/11/2016 16:25

Hi Chadders,

Treeshake, where, I can see a straight line.

[chadders] 04/11/2016 16:23

A bit of a tree shake today but it looks like the buyers are back.

A compelling investment case if management deliver on promises - I think they will.

[delightfulstocks] 04/11/2016 16:09

SilkStag,

Looks like the bottom has gone, it's doubled recently, the company has cash, they are growing revenue and , if it happens, more revenue shall flow through the business from November onwards, cementing their growth.

If the interims show positive numbers in Dec, showing revenue growing faster, well, any positive news will bump these back to 40p and beyond in no time. There is a window of opportunity, that is from now till May next year. It's a positive window, not negative. It's time to buy, time to follow the momentum.

[chadders] 04/11/2016 09:07

Support on the increase. Any chartists out there care to comment?

[silkstag] 03/11/2016 16:19

If management 'convince' people through deceit, is that a solid foundation or quicksand?
Management forecast passing breakeven every year for 6 years. Is that a solid foundation or quicksand?
FY16 was biggest loss (exc fx) £16.4m in history, even if exclude £5m Baydonhill blunder. Is that a solid foundation or quicksand?
EPO future rests on what it is built upon!
All imho. Dyor

[chadders] 03/11/2016 14:40

Still some way to go but as part of the LTIP scheme (tranche 2) management share up to 5 million shares if the share price is over 45p by end June 2017.

This may be part of the reason SV is hanging on.

[culford] 03/11/2016 13:20

SS,
The Director going today was clearly instrumental in bring in the Indian approval and he has agreed to provide ongoing advice over next few months as this is bedded in. In terms of the business overall the £5m failed FX deal is clearly a poor reflection on management, who should have had more oversight on the Baydonhill business. In terms of the progress since deciding to invest for growth - it has been good and the benefits are coming through now. It is easy to throw stones online but this management team has convinced the IFC, Bank of America and numerous other clients to use them and are now growing their recurring transactions at c90% annualised - even with lower cost per transactions on these volume users it won't be long at this rate for the business to be very profitable and throwing off cash. Amazon and other US listed companies are unprofitable for years and accorded huge valuations because the market sees the upside in the future. EPO has, according to the IFC, no competition to be the international money transferring utility - that will be very valuable and we should see the market rerating the shares in next few months/years as this becomes clearer.

[caradog] 03/11/2016 11:49

RNS has been amended to explain that Viswanathan is leaving to "pursue other interests". Still leaves you wondering how come these other interests appeared on the scene so quickly that he couldn't give notice, and how come there was a replacement on hand to immediately step into the role, presumably also without giving notice? Curiouser and curiouser.

[isaready] 03/11/2016 10:00

even so, they are locking in good solid clients and gaining traction.

[chadders] 03/11/2016 08:50

Excellent announcement re India.

Caradog, I agree with you point about turnover of Directors. I note he is staying on for several months though so it doesn't sound like it's a bitter departure.

[caradog] 03/11/2016 08:25

Encouraging announcement re India for shareholders, but you have to wonder what on earth is going on in the boardroom with yet another director resigning suddenly without any obvious reason. The turnover of directors and senior staff is way above the norm.

[culford] 03/11/2016 07:52

EPO chose to invest in Asia over past few years rather than break even and these deals in India, Japan and elsewhere are justifying that decision. The RNS implies that Indian bank deals will all in next few months.....break even now also in sight in quarter ending June 2017

[qs99] 03/11/2016 07:39

any views on update this am?

[chadders] 02/11/2016 19:41

I've copied and forwarded post 12465 to Bob Huxford of EPO investor relations with a request to investigate the claims. I'll post any comment on it's authenticity or otherwise.

Troll, I suspect you will be best served by removing the post or substantiating your claims.

[silkstag] 01/11/2016 15:38

Read s417 Companies Act 2006, or s414C from 2013 Regulations; then Financial Highlights in EPO Annual Report for FY14, FY15 then FY16 (pages 1 and 5). List what the Directors deleted from FY14 and FY15 so concealed in FY16. This is heading for a multi-party multi-dimensional mess imho. DYOR.

[caradog] 01/11/2016 15:17

SS
Why unlawful and improper? Unless you are specific, nobody will take any notice.

[silkstag] 01/11/2016 15:06

EPO DIRECTORS DECEIT AND COMPANIES ACT BREACH ALERT

Readers should compare the FY16 Annual Report and 26 October 2016 Final Results RNS with FY14 and FY15.

FY16 is improper and unlawful.

Deceived buyers since 26 October may be entitled to compensation from the company and/or EPO Directors.

The FY16 Annual Report and RNS should be corrected and reissued.

CFO (at least) should be voted off Board by latest 2 December 2016 AGM and fired.

All imho. DYOR.

[isaready] 31/10/2016 17:58

Chadders ;)