Share Name Share Symbol Market Type Share ISIN Share Description
Earthport Plc LSE:EPO London Ordinary Share GB00B0DFPF10 ORD 10P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -0.875p -5.26% 15.75p 15.50p 16.25p 16.75p 15.50p 16.25p 529,324 16:35:27
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Software & Computer Services 30.3 -12.6 -2.5 - 96.58

Earthport Share Discussion Threads

Showing 28001 to 28017 of 28025 messages
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DateSubjectAuthorDiscuss
20/11/2017
16:18
Gogetter, thanks, Ssr seems to have 'seen (some of) the light' albeit rather late and without a molecule of good grace. May his wasted cash RIP. H1fy18 loss could be enormous. More than -£10m in six months' bloated failed business model trading. H1fy15 loss was huge after the Sept 2014 fundraising. The wheels come off fast after Uberoi false forecasts. 15p imminent then 10p and on to 4p and 10 for 1 share consoludation by October 2019. MANDATORY SELL All imho. Dyor
silkstag
20/11/2017
14:23
General rule with AIM - when you see trouble - GET OUT. The market is not seeing EPO in a possible light. No buyers atm Only sellers.
ssr23
20/11/2017
13:38
Emperor Nero is fiddling (forecasts) as Rome burns. 4 of 7 senior management gone in one year is a hint the Board are spineless cronies. Losses will mushroom, share price fall below 10p, maybe the large shareholders will snap. But overheads will have turbo-bloated an extra £9m to £35m, which will cost even more to axe down to the required £15m. Blood bath is written in the stars. Imho. Dyor
silkstag
20/11/2017
13:19
Uberoi’s time at EPO is limited. I hope the board are looking for a new ceo. Fresh blood needed.
ssr23
20/11/2017
13:05
No I am not one of 1 Direction's 10 Trillion fans. 1D10T. Meanwhile the EPO share price falling knife is slicing through mug money. Imho
silkstag
20/11/2017
12:19
“Savvy Oracle Awesone Brainbox?” No. How about IDIOT.
ssr23
20/11/2017
11:02
Ha ha. You are a sad, probably ugly SOAB.
ssr23
20/11/2017
10:17
EPO concealed -£9.2m loss in just 6 months to 30 June 2017. Losses running at -£18m pa. Then EPO admit in October in desperation to grow turnover to cover up the failed business model they will turbo-bloat overheads from £26m to £35m pa. That could hike the losses to an astounding £20-25m pa. In this deceitful death spiral EPO could easily blow most of £30m cash in 2 years to force another round as no.longer a going concern. Lap-dog Ssr keeps ignoring EPO will crash far below fy18 and fy19 forecast, as it always has done. Share price falling knife to 15p then 10p then to 4p by October 2019. MANDATORY SELL All imho. Dyor
silkstag
20/11/2017
08:27
I don't disagree with your comments in general ssr but they are scaling up. If you read between the lines the expenditure is very specific which suggests they are scaling for serious demand. They are spending to shape the future. That's not a sign of a failing business, it's just a business which is going for some serious growth. I get your point but you're being to harsh on the CEO but all the same, he needs to deliver those revenue targets. He has. When we say profit, sure, if they spend a lot less and say deliver 5m profit then what? Shareholders will say, ok we need to grow the top, bottom line now. That will need expenditure. They are doing it now, scaling x10 capacity. In 18 months they'll have money still plenty of it if they hit their revenue targets. So far they have. They raised 26m last time and had 11m left. If it were not for the idiots being scammed, they would have had 16m cash anyway. So during that time they used 10m over 3 years. They have stable, now growing revenue from a solid client base. that's their foundation. Now they can grow seriously in huge volumes hence making, shaping for the next phase. All in all you are not wrong but it's nor as break as you paint it either .
isaready
19/11/2017
09:44
Tradingworldwindow - 2016 revenue £22.77m loss £8.8m 2017 revenue £30.30m loss £12.73m Since 2001 EPO have amassed post tax losses of £152m. Does these figures give you confidence? Don’t forget Uberoi has had 7 years to change the fortunes of this company. EPO are just not able to hit the critical mass to make this into a viable business. Can you you wait another 3 years hoping to reach break even? Based on past performance I would not like to bet that they will reach the £70+m For me this a speculative investment and will only add to my holdings when I can see evidence of a turnaround. I fear we may have to wait a long time. In the meantime as I said before if there is a little deviation from the growth targets then punters may lose confidence. When confidence in a company goes you only need one big seller and the share price gets a beating. This is why I have reduced my holdings.
ssr23
18/11/2017
08:42
Tradingworldnow - I am little disappointed in him. Last year he was banging on about block chain now he is coy about it. We are now reading American Express, Santander and Ripple are teaming up to start a cross border block chain platform and EPO is not involved. I must admit I have taken some risk off the table but still believe there is a plausible case for success in the long term. Few things are worrying me at the moment after reading through the raft of rns’s since the beginning of last year. We turned over £30.3m and we are showing a loss of £12.1m. Something wrong here especially when Uberoi was targeting break even in 2017. 4 key people left the company when we know that they were given huge vested awards last year. These were aimed at retaining these key individuals. If EPO hit the share price targets they would make a lot of money. If they thought those share price targets would be achieved do you think they would leave? Broker forecast no profit until after 2020. Even with £70m they are not going to make a profit. Again something wrong with the business model. This is with the assumption that they will hit the £70m. Uberoi has already told us new client contracts were muted in 2017 so where is the extra business going to come from? The chairman in his statement acknowledged more business need to come from existing client. At the moment it’s not enough. One poster also highlighted the excerpt from the result re q1 2018 target. It said it was “broadly“; in line with market expectations. This is a worrying statement. It suggests to me that revenue targets is becoming challenging. If Uberoi fails to hit those targets expect a big reaction from shareholders. I have been in this game too long and know with small AIM business you don’t always get time to react especially if you are a big holder. So whilst I believe EPO could make one day make it into a successful business it has lot of challenges ahead. As an investor we all should mitigate the risks here. I believe there’s too many challenges for Uberoi and because of this I have taken some risk off the table. It looks like others have too since the results. If and when EPO show signs of a healthy business I will buy back those shares. Until then I will hold onto what I have knowing if they do hit a roadblock my losses would be limited.
ssr23
17/11/2017
23:25
ssr23, what are you on about, one minute you're in, next min you're saying resign. Make your mind up.
tradingworldnow
17/11/2017
15:54
There seems to be an irked seller hoping in vain for 16.75p, going on and off the offer behind another seller at 16.75p. He should take 16p to 16.5p now as it will not be there next week. Heading for 15p then 10p then on to 4p by October 2019, Ssr says the cash will last to 2020. No. The losses will mushroom and the disaster round @4p will happen in 2 not 3 years. imho. dyor
silkstag
17/11/2017
15:48
Ssr, agreed, Uberoi should go immediately and his planned +£9m turbo-bloat of overheads with multiple office openings should be cancelled. New management, whenever they take charge, will have to shut them down, pay redundancy to their occupants and lease break fees etc. Would save £9m pa and c£10m one-off to stop this hubris now. New management can instead axe overheads by -£10m pa. But it seems anyone who voices concern mysteriously is no longer of any use to Mr Uberoi. 4 of the 7 execs photographed in 2016 EPO report & accounts disappeared. That is a heck of a lot for 1 year. The majority (4 of 7) squealed down the gangplank. The insider majority know the business model is falling apart. imho. dyor
silkstag
17/11/2017
14:59
EPO not mentioned in the article. So the guess is EPO not involved. It’s all negative atm. Maybe Uberoi should resign and let someone else take over. His plan does not seem to be working.
ssr23
17/11/2017
14:18
I know it's fledgling but are we sure EPO's not exposed to this. https://www.cnbc.com/2017/11/16/american-express-santander-team-up-with-ripple-on-blockchain-platform.html An article on their websiite date Jan 2017 said this as a highlight. "In addition, in April 2016 Earthport executed the first cross-border payment transaction received via distributed ledger for Santander UK, enabling it to become the first UK bank to use distributed ledger technology (DLT) for cross-border payments globally – a significant milestone and proof-point in the maturity of the technology."
renixus1
17/11/2017
14:07
The problem with SS is his out of this world predictions and continuous scare mongering. I have managed to look at the numbers in a bit more detail from the last RNS and I can tell you EPO are not doing great. Although they keep banging on about it being oversubscribed I doubt if all institutions like Ruffer participated. In fact I think Ruffer reduced their holdings over the last year. This is why I have been very cautious. The business model requires huge volumes to go through the network and it’s a give away that if they need £70+m to break even then they have to do a lot of work to get there. However they are not giving up. The new funds should last them to 2020. Given the rate of growth so far it may well be a big challenge to hit the £70m. Therefore if you not willing to wait and take the risk then sell up and seek your fortune elsewhere. The rest will have to wait with no guarantee of success and expect a bumpy ride. As with any small companies the share price can be extremely volatile so one must tread carefully. 4p prediction from SS is crazy. If there is no news from now until Jan the share price is like to drift South. In January, if the interims show the revenue of £40m is on target then share price may recover otherwise imo I’m afraid the will be more pain for shareholders. IMHO DYOR.
ssr23
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