Earthport Share Discussion Threads

[madmonkflin] 06/6/2017 07:28

No contract news for a hell of a long time now.

[napoleon 14th] 28/5/2017 16:21

I admit I'm not impressed.
The Growth Company article is repetitive & says nothing new. Doesn't provoke a buy.
However, the company's site & various reports avoid giving any info about Baydon Hill & the £5M "exceptional" loss incured! For a deal that was only £6.4M that nearly doubles the real price. Clumsy is an understatement! Did they get duped? Do they know how to manage acquisitions?
Do we accept that the problem will just disappear without any further explanation, let alone a part/full recovery of the funds in question?

Risky and ugly chart. Testing support & uptrend busted.
Majority of sells recently.

Happy to have a lot more money in PAYS than here!

[silkstag] 25/5/2017 18:15

Holders rightly terrified and bailing out before disaster funding round and dire end to fiscal year results in a couple months. Pump and dump has run its course. Left with slide and hide. All imho.

[tradertrev] 25/5/2017 08:25

Looks like Transferwise rely on us as they are one of our good customers.
hxxp://www.earthport.com/why-earthport/clients/

[isaready] 24/5/2017 17:44

Pause for thought.

hxxps://techcrunch.com/2017/05/16/fintech-unicorn-transferwise-reaches-profitability-planning-new-financial-services/

Valued at 1 billion.
Last years turnover was 27 million with 17 million loss. Does this look similar to any company you know.

Makes earthport look cheap.

What’s more mythical than a unicorn? A unicorn that is profitable. Six years after launch, TransferWise, the London-headquartered international money transfer startup, which was most recently valued at a reported $1.1 billion, has announced that it has finally reached profitability this calendar year and is “cash-generating”.

Breaking this down a little, the company says it’s currently seeing £8 million per month in revenue, which extrapolates to a £100 million revenue run-rate, and is growing 150 per cent year-on-year and expecting to do the same this year. It also says over £1 billion is being moved every month, saving its customers what it claims to be over £1.5 million per day in foreign exchange fees.

For reference, the most recent regulatory filing for the tax year ending March 2016, shows that TransferWise generated around £27.8 million in revenue and made a pre-tax loss of £17.4 million. It is yet to file its accounts for the year ending March 2017, but based on today’s break-even announcement, we’d expect any pre-tax losses to be considerably smaller.

[isaready] 22/5/2017 15:57

fair enough. What we need to see sooner or later, pure traction on the strategy in place, meaning, sooner or later, the strategy which was put in place to increase revenue gets to the point of no return. It should become self fulfilling in terms of clients, offerings, revenue.

I have no doubt they are increasing revenue.
I have no doubt they have gone far.

Its competitive out there and there are some big boys who are looking for payment acquisitions.

So, when will they cement the next step. It must be close. When it does not, I say does and its expected, the company, the price will be worth many many multiples from what it is today.

Anyone want to care to make some projections ( i know its a projection ) but realistic projection on clients we know about and possible new revenue income. There has not been any indication they will not hit around 32 million turnover. So its a question, what level of turnover will they need and how can it scale even further.

[jailbird] 22/5/2017 08:36

RSI, 200MA and volume. All three indicators coincided.

My reason to buy in

[isaready] 22/5/2017 08:23

Lets see.

I can't quite decide what were purchases or flips.

[chadders] 19/5/2017 16:47

Jailbird, agreed and MMs have been walking it down to fill a very large order. Top up time now methinks.

[jailbird] 19/5/2017 13:40

Large volume today.Right support...RSI rock bottom too.

[silkstag] 15/5/2017 15:32

Arf, are isaready and chadders riding tandem then? Like EPO and disaster funding rounds?
Up each other and up to no good?

[silkstag] 28/4/2017 18:03

Not a Dr Seuss saying methinks.

[arf dysg] 21/4/2017 17:00

No, that's just something I read in an investing magazine.

If Dr. Seuss wrote stock-market guides, that's what he would have written.

[isaready] 21/4/2017 16:12

Do u have a degree in English

[arf dysg] 21/4/2017 16:06

The trend is your friend, except for the bend at the end.

[isaready] 19/4/2017 08:48

Hi Chads,

Yeah, still here. The trend is up these days. Unless there is not REAL negative news, like, revenue has fallen 50%, the clients have left, nothing now will knock it. So, I believe the trend will generally rise on the condition clients will increase, revenue will increase and they are generally moving in the right direction, which appears to be the case.


Time will tell, but the trend is normally right.

[chadders] 19/4/2017 08:33

A couple of larger buys yesterday I see. Could be getting ready to kick on a bit.

Isa, you still enjoying the ride?

[isaready] 07/4/2017 12:25

Haha. She is a she