Earthport Share Discussion Threads

[cryptotrade] 31/1/2018 12:57

sirrus. SSR23 has just purchased Capita shares after holding it seems. I went and looked at the board and saw the purchase comment. I wonder if SSR23 read the warning signs back in October 2016 when it fell. Still, trade I say, trade.

[butchdogg] 31/1/2018 12:53

Volume suggests something is up its 122% of 10 day average and 600% higher than yesterday.

[sirrux] 31/1/2018 12:28

More bullets please, I am still here! At least it's not Capita, too many people not enough robots and there are a few more of those out there. Global business with c200 people, infrastructure in place, a nice size for the right deal. Can they pull it off?

[cryptotrade] 31/1/2018 12:20

I think doomster is stuck in a puddle.

SilkStag31 Jan '18 - 12:00 - 14420 of 14422 (Filtered)

The outlook trader is simple. Its super undervalued. Make no mistake, they have some issues which CAN be resolved, but they are not bust and they need to focus on profits, costs and growing the bottom line, whilst growing the businesses strategic opportunities.

The shorts will be closing if there are any left.

15p very soon.

[tradertrev] 31/1/2018 12:17

The outbreak of good humour on this board has worked wonders for the share price...

[cryptotrade] 31/1/2018 12:09

Hello doomster,

Itsy can weather the storm by wearing spider man gloves while they climb up. They can withstand the rain, are waterproof and has an adhesive fingers.

It's all about preparing. If it rains itsy will be fine.

Do you prepare or do you just moan and drag your feet all day long telling the all the world is not perfect, why its not prefect and that you can help solve all their problems by making it perfect.

I've not news for you doomster, nothing is perfect, nothing will ever be perfect and though we try and create a perfect bubble for us, in the name of controlling our environment, it's still not perfect. Who cares, I don't. I go with the flow.

If the price falls, no problems doomy , stop losses kick in and I'm quids in still as it's above my trade.

Note the word trade. I'm not investing for a dividend return or long term goals, I'm trading on short term movements. Nothing wrong with that as it's just charting the waters.

I don't pay attention to drivel, emotional drivel I just trade, so forgive me , I'm not interested in your drivel.

You look, prepare and go.

In the meantime, ta short term trading opportunity has been created thanks to the falls. Undervalued and trading for those from 9p is a good one.

12p will breakout soon with a bust up to 15p minimum very soon. Then we will see some decent trades back to 20p. Then some good news and off we go once again. I trade, so I will be selling either at a stop loss or a decent gain. I move on doomster, can you?

Seems like you're stuck in a puddle.

It's call trade. Simple as that doomy.

A quick filter will suffice. Tata.

[silkstag] 31/1/2018 12:00

Plenty of empty vapour and hocus pocus is the norm from EPO and its punters. Then comes the hard ugly numbers which batter the weak puff.

The bounce from 8.5p to 11.8p has been 'itsy bitsy spider climbing up the spout'. What happens when the rain comes? Oh yes, 'washed the spider out'.

And then the falling average revenue per transaction with rising overheads stamped itsy into the dirt like a mexican hat dance from fy15 to fy19. Then came Administration or massive restructuring. Like 2005 had a 76 for 1 consolidation then massive serial dilution. Investor genocide.

Poor itsy. If only someone told her to climb somewhere dry and away from stomping boots so she could weave her web of silk and be well fed and safe.

Be safe itsy,
Silkstag
All Imho. Dyor

[cryptotrade] 31/1/2018 11:11

good stuff butchdogg. I got a load at 8.6p and 10.05p. See how it goes.

As the sellers, should I say the short orchestrate the downward pressure on nothing much, the same goes the other way. A few buyers move it back up. The shorts will close, they've had there good super run from 20p, so good for them, but its time to trade back up in the interim.

This is undervalued, 36m approx revenue, 30m cash, just that that level with no prospects its 66m, however they are growing, have soime challenges, but if they focus, manage the costs in the right way with a new channel of partnerships to help drive business, they will and can become a cashcow.

Its a competitive market, but with ripple too involved its a good start. One has to wonder why they don't integrate Stellar too or become the psp for many crypto providers, after all, they all need fiat accounts to transfer money in and out. Its a win on the legacy route and a possible win on the crypto route, providing interledger transactions between cryptos with a view of exchanging them out via fiat for clients.

Ripple are building up, but its peanuts. They could do with epo depending ho R3 goes in court.

[butchdogg] 31/1/2018 11:08

same. have taken an initial purchase today and already in profit. Feels tight seller clearing?

[cryptotrade] 31/1/2018 11:03

Been following for a while. Its moving into a solid uptrend and 20p in within our sights. A dead cat bounce would have ended after a day or so. This is a bounce and its no cat and its not dead.

Trade and its in a solid uptrend.

About to break 12p then up to 20p

[paulogant] 31/1/2018 08:42

Lonetapaulo, Sirrux, Mad,

It's bounced 11p a good 3-5 times now, so solid support. It's going to retest 11.70, if it can close above that today we have lift off to 12p or for cara sake 15p. This has a great chance to touch 15p very soon.

If they announce a new CEO boom to 20p. If they announce a merger or strategic link , boom.

It's an eruption.


Can't see the endless selling predicted a week or so ago before the filters kicked in. Looks like endless buys, look, look, look. It may go down, if so I'm hoping to my 5p. In the meantime a good short term, yes short term trade.

It may rain over the next 7 days.

[silkstag] 31/1/2018 07:30

Wise words Ssr but I feel you underestimate the trouble and how long it has been brewing.

It's 31 Jan and the H1FY18 trading update is late. Could be even worse. Wild loss. Stalled turnover. Soaring overheads. Crashing average revenue per transaction. Falling gross margin. Slower growth in number of transactions. Every part of the business model may have crashed.

A new CEO will have to fire the board and hire 5 new people. Terminate say the worst half of turnover so down to £17m pa. Relocate and shut city centre offices. Abandon international offices. Sack overpaid staff. Hire cheap ones to do the admin in cheap places.

Massive restructuring costing £15m to try to avoid Administration. £20m trading losses x2 years while restructuring. £55m latent losses embedded in this mess. Need £30m new funding on top of c£30m current cash. New cash will be raised @3p. So 1 billion new shares. 10 for 1 share consolidation. Post money valuation £48m for £17m pa retained turnover eve of Administration is a high valuation. Maybe round @2p.

Share price heading for 3p. Huge mess and crashes ahead. Writing on the wall.

MANDATORY SELL to avoid 75% loss of current value. I was right last time and will be proven right again.
All imho. Dyor

[ssr23] 30/1/2018 18:31

Up until the results rns, most metrics were in line with expectations. It’s only when the released the colossal loss figure when they were supposed to break even that I knew Uberoi and his cronies were giving a false optimistic view of the company when in reality it was the opposite. Big shareholders would have been very angry by this as they used those very optimistic forecasts to raise the new £25m. When Uberoi finally admitted that they would miss the H12018 revenue targets, big shareholders would have had enough of his “misrepresentation” and forced Uberoi to go. As far as I am concerned the job is half done. Uberoi has lost credibility after 7 year of losses under his leadership and he has to be removed completely from the company. This will hopefully come in time. EPO may make a comeback under a new CEO. However, this is not going to come any time soon and so I cannot see how the share price can go up from here. It could tank even further when we know just how bad the H1 figures are. My guess is it’s REALLY BAD. It’s must be because why else would the CEO be moved and the CFO step down (presumably sacked.) The market has taken the view EPO will continue to make losses for the foreseeable future. Uberoi’s forecast of break even in 2019 cannot be trusted after so many missed targets in his 7 years in charge. For these reasons I rate EPO a STRONG SELL. All imho. Dyor.

[sirrux] 30/1/2018 17:02

Yes, the fact it held its ground on a day when most of the market was selling off is positive. We know the history and expected results are bad but there is something bubbling below the surface by the looks of things. If volumes return tomorrow, could be interesting - in fact any day with volumes recently has been quite positive.

[lonetapaulo] 30/1/2018 16:36

mad, sirrux, some buying pressure kicking in.

[ssr23] 30/1/2018 15:59

So many red flags. RNS never say it in black and white when a company is in trouble.

At best a gamble share. You can take a punt but the odds are against the punter based on the information we know and extrapolated from the RNS’s.

STRONG SELL.

All imho. Dyor.

[ssr23] 30/1/2018 14:10

Generally when there is good news you find out quick. Bad news is often delayed or drip fed into the market to limit damage. My guess is there will be no RNS tomorrow because they have issued a trading update in Dec informing the market of the 15% downgrade in revenue.

In the meantime we have a big holder dumping. My guess is a big II has lost faith in Uberoi and the business, like many PI’s.

This is AIM baby and when the market is frightened you generally see a total collapse of the share price . If what one poster forecast is correct ie H1 revenue is £16.5m then the market may well get frightened.

All imho dyor.

[paulogant] 30/1/2018 12:43

Clean bandit. Are you suggesting someone is a double or a bla chum .

[silkstag] 30/1/2018 12:27

Arf, wise words. Ssr, wise words 'artificial rise'. Expect it to crash back below 8.5p if I am right about H1FY18 grenade in pants numbers:

1) stalled turnover £16.5m [H2FY17 £16m; H1FY17 £14.3m]
2) wild loss -£9m [H2FY17 -£9m, inc -£5.7m fx loss; H1FY17 -£3m, inc £0.9m fx gain]
3) average rev per trans crash -15% to £2.30 [H2FY17 £2.59; H1FY17 £2.70]
4) overheads turbo-bloated +15% to £15m [H2FY17 £13.4m; H1FY17 £13m].

RNS due 31 Jan (date in 2017) will show Board as 'liar liar pants on fire'.
MANDATORY SELL before 4th -5p crash in 2 years.
All imho. dyor

[arf dysg] 30/1/2018 11:13

Caradog, paulogant,

In Asterix and The Soothsayer, there was a forecast which was equally accurate and equally useless: "When the storm is over, the weather will improve."

I get the feeling that a lot of charting amounts to the same thing.

[ssr23] 30/1/2018 11:09

Clean bandit - Great band. Cleanbandit81 - Not so great poster.

Imho

[ssr23] 30/1/2018 11:06

Artificial rise in recent days. Seller continues dumping. More dumping on the way especially after when we know the full extent of the disastrous H1 results.

Uberoi was an incompetent CEO and will be an incompetent Exec Chairman.

Strong SELL

All imho dyor.