Earthport Share Discussion Threads

[sirrux] 24/1/2018 19:48

Arf, it seems some couldn't wait, once there's a sniff it can pay to be quick - the clues are the management changes, long overdue and possibly the result of an institutional push on the Board. It does require a positive surprise to sustain tho so I'd expect strategic news to follow when the results come out. We know there's been failure (as results will likely confirm) but often great success can stem from that if handled right. If they botch it, it goes cheap again and maybe another play will develop. I remember EPO from the dotcom days but passed it over, I think they were a little ahead of were the market was (banks may talk the talk and do deals but the reality was huge resistence) but now the market's have caught up they somehow lost their way.

[paulogant] 24/1/2018 19:39

Lol eyebrows...

I hoped it would go to 5p. I jumped in at 9p after seeing the trend change up. Anyway trade it, that's all I'm doing.

[arf dysg] 24/1/2018 18:06

I thought it was supposed to go down to 5p and then bounce. Perhaps the market decided that 8p was a better place to bounce.

I'm not a shareholder; I simply sit here feeling my eyebrows creep higher and higher up my skull.

[sirrux] 24/1/2018 17:05

100's of millions in losses about to spew back out and shower the brave. Just think of the tax benefits to an acquirer, purchase would be effectively free even at higher market caps but will they see it?

[paulogant] 24/1/2018 17:03

I agree Mad.

It's getting hot.

Lovely chunky buys come in. No endless selling as SSR23 kept saying. For now it's stopped.

Good news is about to pop.

[sirrux] 24/1/2018 16:47

The volcano smoulders, danger danger step back if you can't handle a blow out.

[madmonkflin] 24/1/2018 16:15

Good buying opportunity, still very affordable, break-even y/e June 2019.
All IMHO. DYOFR.

[ssr23] 24/1/2018 15:29

Artificial bounce on no news. It’s giving some people the opportunity to get out.

14:14 - 24/01. Sell 250000 11.40p £28,500.00
14:15 - 24/01. Sell 200000 11.28p £22,550.00

This looks like an II or a HNI dumping.

Some PI’s are ignoring the red flags. All imhfo dyofr.

[paulogant] 24/1/2018 15:12

Mad I think so.

[silkstag] 24/1/2018 15:10

Pop the mint sauce in the bowl ready for imminent lamb slaughter and BBQ in trading days to 31 January disaster RNS.
1) Turnover growth stalled at about £16-17m.
2) Interim loss -£9m (h1fy17 -£3m).
3) Downgrade fy18 loss from -£12.5m to -£20m (fy17 -£12m).
4) Average revenue per transaction still crashing -20% pa (-25% fy16, -15% fy17).
5) In a few months, any new CEO will be yet another board-connected banker crony; not a payments industry CEO (who would fire the bulk of the EPO board on day 1).

MANDATORY SELL before price crash in run up to 31 Jan trading update.
All imho. Dyor

[madmonkflin] 24/1/2018 14:50

:0) I reckon next announcement of CEO will take it up over 12, if half decent Banker up over 14.
IMHO DYOFR

[lonetapaulo] 24/1/2018 14:18

Sirrux, like you said, you never know.

Madmonkflin, I never thought you'd be scared, IMHO DYOFR.

1st Resistance Point 11.233
2nd Resistance Point 11.342

If we close above 11.250 it shall hit the 1 month high. We will see, its being tested.

12.153 will push it towards the 40DMA.

[madmonkflin] 24/1/2018 12:36

Really dangerous. So scary. IMHO DYOFR.

[sirrux] 24/1/2018 12:35

..and do you not like danger? Come play. Who dares wins.

[ssr23] 24/1/2018 12:26

Dangerous hobby buying a failing company.

Those who want to get out, this may be a good opportunity.

All imho dyor.

[paulogant] 24/1/2018 12:18

Badaboom.

Next resistance over 12p then up to 15/16p easily. Undervalued.

Not sure what Silkstag and SSR23 want. It's gone from 20p to 8.2p. Fair enough. But it's not about to end of shorters. Time to trade a bit, even if my 5p does not come yet.

[sirrux] 24/1/2018 11:56

Meanwhile, the volcano still smoulders.

[paulogant] 24/1/2018 11:42

I've decided to join the Mexican club.

How fickle are you silkstag. You seem to clog up the bb. Judging people is a sign of low self esteem apparently.

Are you SSR23.?
Are you Captain Multibag on iii?

Thought so.

Shame I'm no longer engaging with you. Still you and SSR23 can talk to each other or maybe to yourself.

Defamatory, what and where. You call people dirty, liars, pigs and that's ok.

Anyway, best of luck I've joined Lonetapaulo.


SilkStag24 Jan '18 - 10:46 - 14304 of 14306 (Filtered)
SilkStag24 Jan '18 - 10:56 - 14305 of 14306 (Filtered)
ssr2324 Jan '18 - 11:22 - 14306 of 14306 (Filtered)

[ssr23] 24/1/2018 11:22

A failing company in the AIM is a dangerous place to be invested. EPO ticks all the boxes for a possible wipeout for shareholders in the future.

The lemmings who have followed Uberoi have been shafted. If they continue they will have themselves to blame and no one else.


Strong sell.

All imho dyor

[silkstag] 24/1/2018 10:56

EPO is not just an admin business. It is a wildly loss-making badly run admin business which serially tries to cover up its blunders in apparent breach of AiM rule 11 by issuing falsely inflated forecasts and leaving false expectations in the market causing late multiple downgrades and investors to be duped and slaughtered.
Not just any admin business. An apparently crooked one! Spiralling the drain!
MANDATORY SELL before slide toward 31 Jan cliff. Facts trunp falsity. Or are you a lemming?
All imho. Dyor

[silkstag] 24/1/2018 10:46

Lonetapaulo, your post 14282 is false defamatory and improper.
Is the 'paulo' in your name a link to the serially obscene troll 'paulogant'? Are you 1 or 2 unpleasant posters?
Why post 3 times you filtered me at 14282, 14291 and 14292. Once was enough. Please do not clutter the bb with empty petulance. Thank you.

[lonetapaulo] 24/1/2018 10:39

Sirrux,

I guess it sounds a bit desperate if that's earthports only hope, waiting for someone to create the value.

As you have said, there is tremendous value there, simple as that, as opposed to it be nothing more than an admin business. It's all about how it's applied to certain markets in my view.

Now Ripple is no swift, which took a long time to build up the network of banks. But why be a swift. You can be a general clearing service for businesses in general, globally and if this means you move virtual values(which is what money is anyway) from A to B, then allow the other party to take the fiat liquidity, fine.

Ripple have some big money funding the liquidity. Saxo payments do something like this called the banking circle.

Ripple, if they want to cement their path, they may as well dip in and buy this small tiddler for peanuts because they'll not be going away just yet. Its got a business, a revenue stream, decent and growing and synergies which will allow ripple to start growing with real local accounts.

Earthport need to focus on their offering, be dynamic, spend a bit less and start generating some cash. Simple as that.

[sirrux] 24/1/2018 09:51

As alluded to earlier, they probably also need to merge or sell out to leverage value. That's a possibility when the price is low thanks to the previous crew in charge. They failed to generate value but they built a structure at some expense that cannot be built overnight.

[silkstag] 24/1/2018 09:47

A punter on lse cited a fy18 updated broker forecast loss -£12.5m. If so, I expect holders to get a rude awakening when the 6 month interim loss is way worse than 50% of that. I expect interim loss -£9m. It could be even worse at -£12m.

I expect fy18 ie 12 months loss -£20m as overheads mushroom but turnover stalls and average revenue per transaction continues to crash every year.

So the fy18 forecast loss of -£12.5m will be missed massively, crash and burn along with the share price. Massive downgrade required.

URGENT MANDATORY SELL. Trading update was 31 Jan last year.
All imho. Dyor

[sirrux] 24/1/2018 08:47

Logic and making money are not the same thing! A crazy nutter (in comparative terms) with streak of genius could be put in charge and this thing will fly. It happens all the time.I know their clientele is a tough sell but they need to act in 2018 or watch their businesses die, some will choose to die as management is too old to change their ways. It seems that businesses being run with traditional management styles are suffering across the globe with investors favouring the disrupters.