Earthport Share Discussion Threads

[silkstag] 27/1/2017 12:55

From 10p rescue price in 2010 it took 6 years to grow revenue x6 but issued shares also grew x6 so no value add from 10p.
Wild losses blew the turnaround. Promised breakeven every year. Lied!
It burned £16m in fy16 and needs another funding round. Rational to assume epo ceo lying about breakeven in fy17 as he told the same lie 2010-16.
Interim to 31 Dec 16 will prove breakeven was again a lie.
STRONG SELL
all imho. Dyor

[isaready] 19/1/2017 14:25

Looking good for the next leg to 32/34p.

[isaready] 16/1/2017 07:57

Morning, no pump and dump going on here.

[isaready] 13/1/2017 17:55

hxxp://www.earthport.com/news-insights/news/earthport-blockchain-offering-secures-fintech-finance-award/


Earthport has won industry recognition in the form of a ’silver’ award in Fintech Finance magazine’s inaugural prize-giving.

This success was attributable to the strength of Earthport’s blockchain offering. Earthport announced its gateway partnership with Ripple in August 2015, which led to the launch of the Earthport Distributed Ledger Hub for multiple ledgers, announced in January 2016. This is planned to provide connectivity to additional distributed ledgers as they emerge, all available via a single connect to Earthport.

In addition, in April 2016 Earthport executed the first cross-border payment transaction received via distributed ledger for Santander UK, enabling it become the first bank to use distributed ledger technology (DLT) for cross-border payments globally – a significant milestone and proof-point in the maturity of the technology.

Santander UK’s DLT-enabled P2P wallet – an international payments app – allows the bank’s UK staff to access a quicker and more transparent way to move money from the UK to Europe and the United States. The wallet is powered by Earthport using Ripple technology.

Not only is the project an excellent example of DLT in action, it also shows what can be achieved when banks and fintechs collaborate.

Hank Uberoi, CEO, Earthport, commented: “We are delighted to win an accolade that not only provides evidence of our commitment to blockchain and distributed ledger technology but also demonstrates how companies like Earthport are identifying creative ways to use this technology. Moreover, it also speaks for the strength of the relationships and partnerships Earthport is building across the industry.”

This award further evidences Earthport’s leadership as a global cross-border payments provider, as it forges the path for innovation and change in the multi-trillion dollar payments industry.

Earthport’s DLT solution builds on its core mission to provide access to as many countries, currencies, accounts and payment types as possible through a single API.

[isaready] 12/1/2017 14:36

Lets not get carried way, but point taken. If they hit their target, can get a share the Bank of America and Bank of India revenue, well those two alone as huge. They are essentially the pipe of transactions for the two banks, the underlying channel of transfers, which is key. Once it hits its destination, well who cares, it carries on and does what it normally does. The key here is to be at the start of the supply chain, not the last. If you're at the start, you'll get a cut of it all, even if it's small.

[makercreator] 12/1/2017 11:17

I know what you mean Culford. I agree, still stocks tend to overshoot the up or downtrend far quicker than we expect.

Where are these projections? I will take a look.

If they had 60 million profit, well, depending how they value these types of payment companies, the share price and market cap could be quite a bit more than £2.

Asos, yes I know its a different space, worth 4 billion 4.5 billion on 42 million profit.
Paypoint, 650 million, 8 million profit.
Paysafe, 2 billion, 8 million profit.

Epo 1.2 billion, 60 million profit? looks cheap if it got there.

So, if epo made 61 million profit, well the yield would be good if they were worth only 1 billion if no further dilution happened. But there will be dilution I know.

[culford] 12/1/2017 10:04

Makercreator. I think you are right but will probably take 5 years to get to £2 using companies own projections from their capital markets day last year.

The company has said that the transaction growth rate (91% currently) and revenue growth rate (34% currently) should converge. It has also said growth should be somewhere about 50% over the medium term which ties in with the above statement. The gross margin should be above 70% and the net margin c35% in time. Extrapolating these numbers from last years £23m would give EPO £175m revenue in 5 years and net profit of £61m and a market cap somewhere over £1bn or £2 per share. That is very good upside for us patient holders .

[isaready] 12/1/2017 09:45

Andrew good points.

[napoleon 14th] 12/1/2017 09:20

Hi markercreator.
I'm here 'cos I'm a sucker for these tech turnarounds!
EPO look promising.

[makercreator] 12/1/2017 09:19

Chadders, cheers. This will consolidate around this area, before moving up.

[makercreator] 12/1/2017 09:19

Well well well, Veritas is back.

I suspect you are ex-employee, ex-epo director or worse still SilkStag, but then again, you can't be her, you sound far too normal.

Do yourself a favour Veritas, go and do one or better still, go and talk to yourself in the mirror, you'll get a far better response talking to a pigs head.


Now, lets get back to some facts.

Earthport have turned the corner.
Their revenue is going up.
Yes, the epo directors drove the share price down , but now they are driving it back up.

The key question as I suspect you have some dosh, plenty of it I understand is, have you purchased some earthport stock? Even you are not that stupid.

[chadders] 11/1/2017 16:14

makercreator - post 12591,appreciate your thoughts. Well done with your average btw.

[isaready] 11/1/2017 13:14

Hey Veritas,

I remember you from last time. It seems you have made 3 posts in total. I can see last time you asked if we were directors of earthport. Oddly, you never responded to the question put to you.

Why don't you and Silkstag go and have a beer and whatever else. Maybe you are silkstag, maybe you were an ex-employee or investor like SilkStag.

It's clear you wish this company to suffer, come on old chappie, get a life, there's more to it than hatred.



veritas vincit - 11 Jan 2017 - 12:00:35 - 12598 of 12599 EPO with Charts & News - EPO
So, which one of the five people you've named is you?

And which one of the five you've named is isaready?
veritas vincit - 21 Jul 2016 - 09:33:06 - 12320 of 12599 EPO with Charts & News - EPO
"Per say" Doesn't that just prove how stupid these board members of EPO really are?. Yes, you've heard the phrase, but, you're so thick you don't have a clue how to write it down.

Sending each other messages on here and defending their fellow director's posts. What a bunch of babies. You losers!

Silk Stag, I note they never refute any of the salient points you make regarding the share price? You didn't drive the share price down to 13p Silk Stag. The board of directors at EPO have.

However, the most worrying thing is, they think they're doing a good job.
veritas vincit - 03 May 2016 - 11:28:49 - 12223 of 12599 EPO with Charts & News - EPO
Silkstag, you make some very interesting points. I believe there is substance in what you say!

I have a question for isaready, homerdude and chadders.... Are all of you, or, any one of you, current directors of Earthport?

[veritas vincit] 11/1/2017 12:00

So, which one of the five people you've named is you?

And which one of the five you've named is isaready?

[isaready] 10/1/2017 23:13

Silkstag, sorry, if you are talking to someone, address them by their name, that's unless you are so arrogant and rude you just can't even bring yourself to say sorry. twit and a half .

[isaready] 10/1/2017 11:38

I think you'll find SilkStang only talks to herself, I'd not bother. Anyway, the numbers and progress will speak, simples.

[makercreator] 10/1/2017 11:03

Hi Napoli,

I like those types of Pizzas.

I'd not worry, right now, they will not be purchased. Maybe one day, once they have been established, demonstrating their capability as a true global player in the huge clearing market, yes someone may buy them, but I can't see it being a bank unless they want it for their own use. No other bank would use it unless its all private.

I suspect an independent player or a collection of banks would buy it. Right now, its best as it is.

Why do you hold?

We will get some consolidation at these levels, before moving into the next slot.

[napoleon 14th] 10/1/2017 10:58

One wondres what are the odds on a T/O bid from a bigger player.....

I hold, but not for that reason.

[makercreator] 10/1/2017 09:52

All,

I've been in, averaging 15p with numerous top ups.

Looking into the companies progress its clear the following is happening:

a) they are signing big deals with clients
b) their revenue is increasing and expecations and guidance this year coming is they will, hit or almost hit the target of cashflow positive.
c) their costs have been higher than one would have hoped, but I believe this was due to additional investment in their services.
d) they have improved their product capabilities, automating it's approach and I have no doubt as they move forward, apply several methods of pattern analysis and future capabilities which again, will help it gain more traction.
e) if it has the capability to reduce its margin to get volume, so be it, it's a volumes game anyway and once they gain the market share in the segment of their choice, others won't bother going after it, due to the lower margins and big investments they'd need to put in place.
f) I note the so called resident doomer monger SilkStag, again it's clear she has a bone to pick with the management, but we can't blame her. She was right the company failed to deliver, failed to hit a profit when they said they would, but in this instance, unlike the previous management, it was not based on hot air or failed strategy. I believe and have read, it was based on their clients needs to focus more of pure clearing with major clients and not small SMEs. The company had to sacrifice short term revenue from other areas while cementing their services with bigger clients, one of which was bank of america. So yes silkstag had a point but only a small point which has now been, gone ad disappeared. The question for her is, has she admitted time has ended on her vendetta.
g) earthports purchased on the FX company was a good move. At the time it may have bee seen as an odd thing, however, being able to make on the FX while performing their core business, transactions was an important, logical move. It makes sense. When you know your volume will increase, you know, in time, FX savings will be huge, so why not invest now, and include those benefits into the business. The purchase was not about its existing revenue multiples, it was about cementing that function into earthport, simple as that. Buy up your supply chain is the key to making more profit.
h) I believe they have turned the corner, revenue is growing. Silkstag talked about low revenue , low or no growth, revenue is fortunes, more cash to be raised, but we can see, the fortunes are improving, cash is being used, however, the revenue will eventually overshoot cash usage as we will soon find out. If hank makes this work, he deserves great credit. It's taken a very long time, but I believe the next two years will be earthports. It will now gain more clients, more volume.
i) It was no mistake BofAML invested, well, provided monies, fees for earthport to deliver a range of integrations into their system. This confirmed their belief the model could work. The fact it's working is simple amazing for earthport.
j) the india deal is a material change, material change, meaning, over and above what is happening at earthport, this bonus client will be pushing considerable money through eathport.


I expect 50p within 12 months and 75p within 18 months.

If they hit cashflow positive, get cash from the insurance company and make a small profit with growth prospects still growing at a large rate, well this will burst up and up into a market cap of 400 million, which is small fry for a business like earthport. There is no reason in 3/4 years time why this is not worth 1 billion, like other small payment businesses, 8 times todays value, around £2 a share. That's a long way a way from when it use to be worth 1 million.

[isaready] 09/1/2017 23:01

This was a good article.

Material change is listed and though they touch on the bank, clearly the potential is big, when you consider the banks payment volume on a weekly basis is more than earthports 2016 whole year revenue.

[...]

Cross-border payments network operator Earthport PLC (LON:EPO) has expanded its existing arrangement with Bank of America Merrill Lynch (BofAML).

The expanded service, building on a partnership that started in 2013, will see numerous new countries and currencies to the bank's online and file based banking portal, CashPro, further expanding the bank's international automated clearing house payment capabilities.

BofAML clients can now access cross-currency payments in more than 60 countries and nearly 25 currencies, Earthport said.

"BofAML is one of the world's largest payments and cash management bank and we are delighted to be extending our services to them, bringing real efficiency and transparency to cross-border payments for their clients,” said Hank Uberoi, chief executive officer of Earthport.

Joint house broker Shore Capital Earthport described the deal as the “most significant development in the company’s entire history”.

It expects the deal, which is the company’s first client win in India, to materially change the company’s financial performance.

“The partnership will allow BofAML clients to make cross-border payments to more than 60 countries in nearly 25 currencies. This is not the entirety of BofAML’s payments business but it is a substantial portion given its CashPro platform currently connects with institutions or individuals in more than 140 currencies and 200 countries currently,” the broker said.

“To put this potential into better perspective, BofAML’s customers in FY2015A sent US$3.6 billion in payments via mobile and US$14.2 billion online per week. This is 61% more per week than Earthport’s entire volume in FY2016A which totalled US$11 billion,” it added.

The only fly in the ointment is lack of clarity on how soon the new markets will be rolled out.

“It could take months or years, but at the same time it could take weeks or days to make a material impact,” Shore said. The broker’s best guess is that there will be an initial group of the bank’s customers that will want to use this service immediately, which will be followed by an adoption rate of other customers.

Shore is leaving its earnings and revenue estimates unchanged for the time being.

[isaready] 09/1/2017 22:45

Today, N+1 Singer reiterated its Corporate rating on Earthport plc (LON:EPO).

There are 1 buy rating on the stock.

The current consensus rating on Earthport plc (LON:EPO) is Buy (Score: 3.00) with a consensus target price of GBX 55 per share, a potential .


Earthport PLC (EPO.L) currently has a 14-day Commodity Channel Index (CCI) of 235.27. Active investors may choose to use this technical indicator as a stock evaluation tool. Used as a coincident indicator, the CCI reading above +100 would reflect strong price action which may signal an uptrend. On the flip side, a reading below -100 may signal a downtrend reflecting weak price action. Using the CCI as a leading indicator, technical analysts may use a +100 reading as an overbought signal and a -100 reading as an oversold indicator, suggesting a trend reversal.