Earthport Share Discussion Threads

[danstillin] 13/9/2017 11:45

Yes Chadders looks like there are some huge delayed buys on London Stock Exchange.Might buy a few myself.

[chadders] 13/9/2017 11:39

isa, just talked myself into buying a few more 😊

[chadders] 13/9/2017 11:36

Excluding our expenditures and investments to support strategic growth during the year, Earthport's existing business continues to generate an operating margin of approximately 25%".

Flagged a 2.4 million loss for this term which at 68% margin requires top line to grow £3.5 million to break even at current investment spending levels. EPO achieved £7.5 million growth last year. Since then India and BOAML have ramped up and new markets have opened. Hence the support and the current valuation but much, much more to come methinks.

Nice one Dan, I hope it works out well for you.

[isaready] 13/9/2017 11:35

Hi Chads,

All is good mate, all good.

[chadders] 13/9/2017 11:10

Please note the troll is not qualified to give investment advice and even if she was you only have to look at her track record....raging bull - got it wrong, raging bear - got it wrong.

[silkstag] 13/9/2017 11:05

Dan,
1) 1 solid period (H2fy17) versus 13 cash BBQs. 93% chance H1fy18 is another BBQ. You 'really believe' not.
2) Management have trumpeted breakeven round the corner about 20 times in various RNSs, briefings and analyst notes. 20 fails. You 'really believe' management this time.
3) In the past management fake news cannon blasted to help raise funds about 5 times. You 'really believe' it is not 'here we go again'.
4) Average unit price slide of 35% in fy16 and 15% in fy17 will I assume be followed by about 20% slide in fy18. You 'really believe' no more price slide or that the losses widening £6m (30m x 20%) excluding growth is somehow not a big problem. You have no worry about the unit price slide travellator.
5) Admin costs of £26m are this high as all EPO UK staff are located in the City. You 'really believe' customers will pay extra to cover that needless cost.
6) You 'really believe' the Fy17 reported loss will not widen from Fy16. (I don't know but it is a risk).
7) Your hope, that your year's salary invested will grow, has overcone your reason.
8) Time to surrender to reason?
SELL at 27p to protect your cash.
All imho. Readers decide.

[danstillin] 13/9/2017 09:46

Silkstag I really believe that the next coupke of years will be the time when this company finaly takes off and I have a years salary invested in Earthport. Banks have been slow to get involved in the blockchain technology but I honestly believe now is the time and I could soon be sitting on ten years salary with this investment. Large investment companies are watching closely for a poditive trading update which should come with the yearly results next month.

[chadders] 13/9/2017 08:00

Serial troll that should be ignored. You still enjoying your profits isa? Much more to come methinks, the numbers are growing rapidly and cash is increasing despite all the investment.

[josephmanna] 12/9/2017 14:20

Silkstag, since its for everyone, I thought OK I'll respond, no point sitting back eh.

FRESH INPUT? So why not wait for it rather than posting your UNFRESH INPUT?


1) Yes you believe, so its not fact. Their integrity is fine, its your view not fact.

2) So, you are still talking about 2010? Eh? Negative and depressive SS. Move on.Again, you believe, its not a FACT.

3) Revenue grown too slowly. That's your view SS and not a FACT. Profit, so? I am not looking for a dividend, I am looking for growth.

5) What if they do breakeven SilkStag one day, sya in three years, then what? They have a strategy in place, they are following it. Just because you do not agree with that strategy, that does not mean its wrong. Again not facts just your view.

6) Wow, a solid period. Yes so what? Why not say, they could report more solid periods. Again you do not know the outcome and future, so not a fact.

7) Fund raising. If i say you will fall down on the path for 4 years, one day that probability may happen. Does not take a rocket scientist to work it out Si;lkStag.

You have been asked this before, so I will ask again, what is your definition of a disaster fund round? The amount? What? Say they raised 10 million and they are worth 130m, so what?

8) Again, you should save your deluded self.

[isaready] 12/9/2017 14:06

oh no, not that again.

Silkstag, how can the BB be for everyone? You are not interested in anyones view.

For starters you have triped out your tosh without Dan even asking for it. A one sided tripe tosh stag.

Go and have a glass of wine silky baby.

[silkstag] 12/9/2017 13:27

Dan, thanks for your post. Fresh input is welcome. The BB belongs to all.
1) I believe that EPO management have proven serially (2010-17) that they are wholly untrustworthy. Thus, yes, I do not trust them or their fake news cannon. They lack integrity.
2) I believe that Hank Uberoi as turnaround CEO should have slashed costs in sumner 2010 and relocated everything except a satellite sales office far away from hyper expensive central London. £26m is too much admin cost. His failure to slash it has pushed EPO too far away from breakeven and racked up excessive losses for 7 years and counting. Much of the transaction margin is wasted on hubris-inflated costs. Bad management.
3) Serial annual falls in average unit transaction fees are a lead indicator that EPO has since 2010 grown turnover too slowly, too late and by low-balling to win bad contracts compared to its inflated cost base. Missed window.
4) Unit transaction price in Fy16 fell 35%. Fy17 fell a further 15%. I expect Fy18 to fall a further 20%. I believe the speed of the unit price fall travellator means EPO will never report breakeven, never mind profit. Thus it will never pay a dividend. Never profitable.
5) Every year since 2010 management have lied that breakeven is just round the corner. That is their standard fundraising lie. They will blast it again out of tbe fake news cannon because they never get punished. Serial false dawn lies.
6) EPO reported 1 'solid' period in 14 goes, H2fy17. Compared to 13 cash BBQs. On that basis there is a 93% chance H1fy18 will be another cash BBQ, made worse by unit price slide. Serial cash BBQs will continue.
7) Further disaster funding is on the way. Hubris and deceit in the fake news cannon may delay it. "We are growing so fast, it is going great, we need more cash to invest due to even better prospects, it is great" will blast out. In truth, new money will be funding losses from unit price slide and inflated costs. That is not 'investing'. Valueless losses.
8) STRONG SELL at 27p or anywhere near. Save yourself.
All imho. Dyor.

[danstillin] 12/9/2017 11:49

Ha ha couldn't find it so tried again.

[cheshiremoggie] 12/9/2017 10:06

dan. While I agree with the general gist of your post I have to disagree with the first line of your second post. Clearly incorrect.

[josephmanna] 11/9/2017 21:11

I think you're right dan.

[danstillin] 11/9/2017 20:31

This is my first post even though I have invested in this company for several years and it has been a bumpy road down to 11p and up to 43p. I have continued to hold this share because I believe this company is finaly about to take off and make a good profit. The growth is exceptional even though the profit margins have fallen. Silkstag is entitled to her opinion but it does seem that everything she quotes is negative. She obviously has issues with the management.

[danstillin] 11/9/2017 20:30

This is my first post even though I have invested in this company for several years and it has been a bumpy road down to 11p and up to 43p. I have continued to hold this share because I believe this company is finaly about to take off and make a good profit. The growth is exceptional even though the profit margins have fallen. Silkstag is entitled to her opinion but it does seem that everything she quotes is negative. She obviously has issues with the management.

[isaready] 11/9/2017 15:14

boooring silkstag.

epo5eva - She is a terrible sore loser.

Nothing she state is a FACT. She is speculating and every so often she pretends the facts are REAL, until someone says which is the FACT. She then will admit it was a lie and pure speculation to suit her agenda because she hates this company so much, something personal and emotional, she will do anything possible to slag them, its people, its stratgey. This person holds grudges, does not have a life, nothing.

I feel sorry for her.

In the meantime, I'd do the following:

Silkstag (I am filtered, so could you post it to her)

Why lie about zero. It suggests you have nothing else to hold on top. Lies a fabrication of ones imagination to project their self intellect, something you are losing.

Let us all see what comes out on the numbers, the revenue, the transactions and take it from there. Why cry like a baby toe nail gagaga.

[epo4eva] 11/9/2017 14:30

SILKSTAG - There is a much bigger chance of a share buy back than a fund raise.

[isaready] 11/9/2017 14:29

boooring silkstag. she don't talk to anyone.
I think shes had too much alcohol today.

Silkstag has been saying epo needs funding since 2015.

[epo4eva] 11/9/2017 14:27

Even at £2 per transaction if we get there. Transactions will be heading for 20 million + at current trends. Taking off admin costs thats £15 million left over and if we dont spend the £11 million that will give us £26 million cash in the bank.