Earthport Share Discussion Threads

[josephmanna] 07/9/2017 23:35

Makes me laugh CM.

Must be a total nutcase. Just proves silkstags views are totally emotional.

Silkstag you are getting agitated and desperado.

[silkstag] 07/9/2017 17:40

Transaction number rose from 6.6m to 11m in fy17. So you also made up the 20m. The gain was offset by reduced unit revenue and reduced margin. Imho

[silkstag] 07/9/2017 17:22

In FY17 average fee per transaction fell from £3.12 (not your crack-fuelled hallucination of £2 70) to £2.68. Plus extra cost of sales to cover the lost revenue plus extra admin costs. Triple whammy from the travellator. All imho

[epo4eva] 07/9/2017 13:38

Silkstag- Transactions fees fall from £2.70 to £2.68 (68% gross profit) and total transactions increase from 10 million to 20 million.

Is there a fall or increase in profits?

Take your time and think about it.

[silkstag] 07/9/2017 11:31

Chadders 13043 asserts EPO 'maintained' gross profit margin. False. It fell from 70% to 68% in FY17. Big fall for one year - which included its one and only solid period H2fy17.
Revenue per transaction fell 15% in FY17. Dire. But less than the 35% crash in FY16.
Writing on the wall, folks. Flawed business model and missed market window.
The unit price slide travellator will keep face-planting EPO. Feel the burn of the cash BBQ in H1fy18, which will make it 14/15 fails for Hank Uberoi.
Disaster fund raising and fake news cannon pretending it is ok is on the way.
All imho.

[arf dysg] 06/9/2017 16:36

Name: River and Mercantile UK Micro Cap Investment Company Limited
LEI: 21380061WNNSD9RGUH84


LEI is Legal Identity Identifier and is a TLA.

[arf dysg] 06/9/2017 16:19

Could you be referring to this investment trust, as it's called "River & Mercantile" ?

[isaready] 06/9/2017 12:00

I was just looking at River and Mercantile Asset Management LLP.

Is this a totally new investor? I couldn't see any previous holding.

[isaready] 06/9/2017 11:49

epodeva


The increase in holdings is good and I am not surprised they have purchased more stock. That means some have sold, fair enough, so would not be surprised to see any other announcements, unless its < the percentage threshold.

Not, its a DISCRETIONARY CLIENTS account, so one can assume they are buying for a client.

[isaready] 06/9/2017 11:49

Mad, what do you mean the middle east client ripped them off for years. You mean Bayonhill.

[madmonkflin] 06/9/2017 11:25

possibly but it never made money as a separate business, i used to own shares in it

[chadders] 06/9/2017 11:02

It's written off so it's history. Always a chance they'll recover more than the adjustment on the purchase of the business

[epo4eva] 06/9/2017 11:00

RNS OUT - NOTIFICATION OF MAJOR HOLDINGS

River and Mercantile Asset Management LLP

Has bought more shares and has crossed over the 5% holding.

[chadders] 05/9/2017 21:00

Massively growing sales whilst maintaining the margin. That is the basis of a great business. Maintaining the margin is a key point that the troll refuses to grasp because it's due to efficiency gains.

In the April 2016 investor presentation EPO stated their cash would bottom out at £11 million, thereafter cash generation grows significantly. It remains to be seen but the cash pile has started to grow.

The Baydon Hill fraud and the £5 million loss has been written off. Without that event cash would be significantly higher. Epo had the capability to just swallow it.

Earthport continues to invest in its global footprint. This spend is discretionary and will slow down significantly as the footprint completion gets closer.

The troll will keep banging the disaster funding round drum because it's a cheap shot that frightens some away. It's been claiming this for two years.

Management incentives kick in this year when the share price reaches 45p. One more piece of positive news and this will fly. The Indian business will be picking up pace and it's material. The next trading update will be very interesting.