Earthport Share Discussion Threads

[silkstag] 11/9/2017 14:13

EPO is loss making and the price slide is ripping away the margin so it will remain loss making. Losses need funding. Imho

[epo4eva] 11/9/2017 13:55

SILKSTAG - We will not need a fund raise. The transactions are increasing at record levels every month covering the costs. What is the raise for?

[silkstag] 11/9/2017 13:25

There should be a fund raise now while the share price is inflated at 27p and before the market sees the widened fy17 loss and unit price slide travellator crush H1fy18 results but management hubris may delay it. Imho

[epo4eva] 11/9/2017 13:21

SILKSTAG - You don't know??

""Until we see the 30 June 17 accounts we dont know if the 30 June cash balanxe was falsely inflated by delaying creditor payments that month. ""
So you don't KNOW if there will be a fund raise?? WOW!!

[silkstag] 11/9/2017 13:03

Meanwhile tbere is an overhang of sellers on the order book. There came the pump, here comes the dump. Imho

[silkstag] 11/9/2017 13:01

1) Until we see the 30 June 17 accounts we dont know if the 30 June cash balanxe was falsely inflated by delaying creditor payments that month.
2) We need to see the amount of capitalised admin costs to know the cash burn rate.
3) Management are starting to see the scale of unit price slide in H1fy18 and falling margin.
4) Yes, management also know the level of increased transactions in H1fy18 so far from bidding lowballs to win loss-making new business. They will likely load that into the fake news cannon but conceal the unit price slide to mislead the market.
All imho

[epo4eva] 11/9/2017 12:44

SILKSTAG - You never mention what the ammount of transactions will be?? Why is that?

[silkstag] 11/9/2017 11:57

Disaster funding round before accounts? To fund the unit price slide in fy18 and preemp the share price fall for widening losses? Hubris may block management admitting it needs the money now. All imho

[silkstag] 11/9/2017 10:56

I expect fy17 reported loss worse than fy16: 'Fy17 losses widen'.
I also expect fy18 average unit fee down 20%. Worse than 15% in fy17. Not another 35% crash in fy16. But these large falls are cumulative. Unit price slide travellator accelerating every year. All imho

[silkstag] 11/9/2017 10:37

EPO july 2017 trading statement said it intends to report fy17 admin cost (net of amounts it chose to capitalise) at about the same £25.5m as fy16. We need the numbers to asess the amount capitalised, and also need the baydonhill split to see if the core business has grown at the same rate as fx, more or less.
FX margin is generic (no market entry barrier and many competitors) so much less valuable than transfer margin. Rant all you want. You protest too much.
Transfer unit fees keep falling fundamentally. That is very serious and likely fatal.
All imho

[isaready] 11/9/2017 10:25

so boooring. troll troll troll tripe tripe tripe.

[josephmanna] 10/9/2017 17:54

Haha I agree

[josephmanna] 10/9/2017 07:09

I'm am amazed Silkstag you're asking questions. When anyone asks you questions you ignore them.

Epo5eva , I've upgraded you to a 5. You are right, what Silkstag is saying in nothing new.

They are in the investor 16 pack. The thing is, she says on one hand, stick to the facts, however continues to fabricate speculative info as if they are facts as can be seen by the admin costs costs debacle.

Making out its truth, when its not.

The facts are clear, this company has turned the corner. Its not sitting on falling revenues, its growing.

They have targets.

Imagine, if they hit one day 125m profit, then what? The price of epo could be 10 times this.

[epo4eva] 09/9/2017 16:08

SILKSTAG - for the last 2 years admin costs HAVE remained flat (FACT) at £25 million.

Revenues increased from £22 million to £30 million with no increases in admin costs.

Yes we know transaction fees are going to drop. Earthport have told us this in the investor day 2016 report.

The amount of transactions is planned to rocket. Last update was 6 million transactions to 11 million and in a few years Sending us to £125 million profit. You are not telling us anything we don't already know.

[silkstag] 08/9/2017 18:12

What is your expected fy18 fall in average revenue per teansaction? More or less than fy16 35%? Or fy17 15%? Or my expected 20%? Imho

[silkstag] 08/9/2017 18:10

Do you expect fy17 'losses widen'. Yes or no? (Reported loss after tax)

[josephmanna] 08/9/2017 17:59

Isaready,

Yes SilkStag lied again.

[isaready] 08/9/2017 16:40

so you lied again SilkStag.

[silkstag] 08/9/2017 16:21

We dont know fy17 true admin costs until we see the accounts, and how much management decided to capitalise ie remove from cost; and the baydobhill accounts to understand the split.
Will fy17 be reported as 'fy17 losses widen' if the fx went against epo. FX reduced the losses in fy16.
All imho

[epo4eva] 08/9/2017 07:01

SILKSTAG - Please show me the increased admin costs for F17 ??? It was flat FY16 and FY17 at £25million. Those same admin costs seen transactions increase from 6.6 million to 11 million.