Earthport Share Discussion Threads

[lonetapaulo] 22/1/2018 20:27

I guess it's about a supply chain.

Music, you'd have several parties taking a cut. Then YouTube came alone.

Books, you'd have several parties taking a cut. Then came Amazon.

Money, you have interchange fees etc taking their cut because it suits them, the delays etc. However, it's no longer good enough so new tech is kicking in. The old guard won't change, so they adapt only at the last minute, kicking and screaming.

[lonetapaulo] 22/1/2018 18:34

Sirrux,

There has been some noise recently on top of ripple suggesting what you described.

It would give them a quick route to market. How many players have worked with Ripple? Not many? How many players have a network ready, up and running linked to fiart accounts? 1.

You can see. The clients listed by Ripple touch on epo. You can see ripple needs the banking network. Imagine then leveraging the network with ripple for all existing clients, but also push through some serious clients.

One could say epo is like a PSP, but for ripple connecting its service to clients but leveraging epos fiat accounts.

EPO is pocket money for them. Its nothing whatsoever. 200m buy (26p) is nothing to them. This will allow them to cement themselves in the market and start competing not necessarily with R3 and others, but across the board with many clients as a real service.

Jan the 18th, an article was floated around from the FT covering just that and the dailystar 20 hours ago.


hxxps://www.dailystar.com.lb/Business/International/2018/Jan-22/434758-rise-of-bitcoin-rival-xrp-unnerves-banking-sector.ashx

I agree. Ripple are using epos clients to make announcements at the moment, something which is open. These clients are using EPO local fiat accounts to do their transfers, but leveraging in some instances ripple as opposed to swift etc. So its a usage, yes, however there could be a lot more to come.


hxxps://thefinanser.com/2016/08/nine-standout-start-ups-focused-upon-blockchain-payments.html/


Closed above resistance level, I expect this to rise towards 15p over the next 3/5 days.

Do you own XRP, if so what were the best routes you used to buy them?

[sirrux] 22/1/2018 18:07

Will it be another 1p raise tomorrow?

Ripple are being very slow to make acquisitions, just 1c on the XRP price translates into nearly $400 million of buying power if they choose to use it and they are allowed to raise a lot more than that - so far they have just poached a few employees. They have recently hired a CFO to sort that out but nothing earth shattering yet so we wait.

They also have some investment cash they have yet to deploy. They're announcements to date are a bit flimsy (a few tests / pilots) but adding EPO with banking relationships in 65+ countries could be a real coup. I bet the XRP price would soar, paying for the investment many many times over as that kind of announcement goes way beyond what they have said already. It's not without risk though, especially if done with fanfare.

I am partly dreaming here but stranger things have happened in the markets. It's what makes it fun, the possibilities are endless.

[ssr23] 22/1/2018 16:14

IMHO dyor.

[ssr23] 22/1/2018 16:13

It looks that way. Take note of the wording:

“Earthport (AIM: EPO), the leading payment network for cross-border transactions, announces that Simon Adamiyatt is stepping down from his position as Chief Financial Officer and Executive Director, effective on 31st January 2018.”

In other words most probably sacked for unachievable targets which he and Uberoi used to raise the £25m. The big holders are holding these clowns to account. Great.

[silkstag] 22/1/2018 15:39

It seems that the CFO was booted out AFTER EPO board saw draft interim results. -30% single day crash is written in the stars. All imho. Dyor

[ssr23] 22/1/2018 14:59

The clue is in the last few news releases.

CEO moved. CFO stepped down. Revenue stalled?

These are red flags my friend. There have been many before. This company is in trouble.

IMHO Dyor

[madmonkflin] 22/1/2018 14:49

Why don't you use one alias instead of two - are you sick?

[madmonkflin] 22/1/2018 14:48

You haven't got a clue

[ssr23] 22/1/2018 14:26

My guess is they will delay the H1 trading update. Last year it was released at the end of Jan.

[ssr23] 22/1/2018 14:16

Madman - it’s great to see you can make exchanges without the profanity.

Is this another pump and dump scenario? Are mugs being sucked in thinking the price is going to go up only for it to come crashing down again?

[madmonkflin] 22/1/2018 14:09

You are a bitter and twisted person. Get a life and stop spouting rubbish.

[silkstag] 22/1/2018 14:02

Madmonkflin, your posts are bitrer and twisted, your allegations are false. Please forward them to the FSA and Earthport so they can be binned.

Feels like buyers are trying to hike the price, not secure volume at the lowest possible price. That is why I feel it is artificial price pumping before a dump, and/or trying to take the net edge off a price crash when tbe filthy interim numbers start to be admitted to the market:
Stalled turnover.
Crashing average revenue per transaction.
Record loss.

MANDATORY SELL before dump and -30% crash.
All Imho. Dyor

[ssr23] 22/1/2018 13:38

Not a bad 5 days. Let’s see if it can continue. I would guess those who want to get out, this is a good opportunity.

Sp can only go up long term if and when EPO demonstrate it has a viable business.

Imho dyor

[sirrux] 22/1/2018 13:26

How many days has it been rising now? A bit like a smouldering volcano, will she blow, who knows.

[madmonkflin] 22/1/2018 12:18

SO are you going to apologise or I have to send that post to Earthport and the FSA?

[madmonkflin] 22/1/2018 11:59

Always in your IMHO. I notice you haven't apologised for your lies.

[madmonkflin] 22/1/2018 11:43

Don't peddle lies. You just said there is a plan to con investors. That's a lie. Don't try and get out of it.

[madmonkflin] 22/1/2018 11:31

You haven't got a clue.
Don't make out there is any plan to con investors without concrete evidence otherwise I'll report you to the FSA. I hope Earthport sue you for peddling lies.
All IMHO. DYOFR.

[ssr23] 22/1/2018 11:27

If you look at the share price trend since the 20p fund raise, you will note there has been big drops followed by a small recovery or as some would call a dead cat bounces. This it seems is happening now. The next drop could be colossal especially when EPO report the next piece of bad news. It’s hard to see how a new CEO can turn this around especially in the short term.

imho dyor

[silkstag] 22/1/2018 10:32

It feels like institutional holders may be pumping the share price on thin volume (total £20k today) to limit the net danage when the dire interims are released. The stalled turnover is due end Jan. The rocketing loss due March.
They may hope it only falls back to 8.5p rather than lower.
This could be a plausible (but dirty) plan to dupe retail investors.
Day traders may be ok if they SELL before news. Investors sucked in to holding will likely lose a quick 30%. They should SELL.
All Imho. Dyor

[silkstag] 22/1/2018 10:10

Paulogant and Madmonkflin, please stop using obscene language. Thank you.