Earthport Share Discussion Threads

[sirrux] 01/2/2018 14:26

Hold on something moving....ah no, just tumbleweed. False alarm.

[sirrux] 01/2/2018 14:18

Hang on, i have just invested in a telescope. Perhaps I will spot a seller, will report back on any sightings.

[madmonkflin] 01/2/2018 14:16

Silkstag and ssr are same bitter twisted person, they slag management and do same on lse website. Only quitened down now since you others turned up. Now she says 3p instead of 5p.

[cryptotrade] 01/2/2018 14:15

I thought the world ended and we were on rations.

[sirrux] 01/2/2018 13:44

No buses yet, perhaps someone will come along a bicycle and offload a few.

[sirrux] 01/2/2018 12:55

...ah yes they are all over at Capita. That's such a disgrace, the main market and all. The analysts telling people it was all fine, presumably they will offer to help reimburse the losses. I don't know, surely there's a better way.

[cryptotrade] 01/2/2018 12:48

The bus queue is busy. SSR23 is busy buying capita shares which is apparently a better prospect. I guess the warning signs were ignored by SSR23 last year.

[sirrux] 01/2/2018 12:03

Calling for sellers, but where are they? We could do with some, otherwise we're stuck here a bit like waiting for a bus.

[butchdogg] 01/2/2018 11:58

can anyone read what that bloke silkslag, is saying?

[cryptotrade] 01/2/2018 08:52

Butch all good.

The facts are, they have revenues, 34m maybe for ye18 however they have probably chased too many deals which require their own investment. Classic chasing the pipes of deals.

Now, the share price has reflected that. What needs to happen. Is simple.


Continue with clients.

Grow serious revenue with existing clients if they want it. Strategically they may use many providers.

New CEO - stop having a top heavy management. Get rid of many.

Look for strategic purchases , sales or mergers.

Demonstrate costs are to be managed. The idea of generating 70m revenue with no profit is OK but not good enough at the moment.

If epo was a NEW start up, one would accept it, no history allowing it to behave like a wild dog. Unfortunately, epo is like a 90 year old dog, limping, physically, with a mind of a 20 year old. That's nice, but not realistic at the moment.

Now, it's undervalued, it has a business as opposed to the doomster who seem to suggest it's worthless. Why be here watching the demise of anything I ask. One has to wonder why.

It's going to make positive changes and today , last week it's presented with a good trading opportunity. Trade not investment I say. That means long term im not interested, historically, I'm not interested. It's now, today, next month.

Before we know it, it will be back to 20p. Make no mistake about it, Hank can't do as he use to. Simple as that. Time to fasten the belt. You never know, those cryptos which need legitimised routes for cash outs may soon look at epo as a clear winner in the DL bridge.

[butchdogg] 01/2/2018 06:13

And reading twitter feeds of the guys who work at EPO they seem fairly confident of the future still. Proof is in the pudding as always but if some of that pipeline emerges and some of the stalled income shows up. This could be a great trade.

[butchdogg] 01/2/2018 06:11

Oldish News. But interesting none the less. Mon, 18th Dec 2017 08:42(ShareCast News) - Financial services company Earthport warned that revenues for its financial year will be 10-15% below expectations and that chief executive Hank Uberoi will become executive chairman next month to "fully focus on a growing number of strategic opportunities and partnerships" with the search beginning for a new CEO to run daily operations.Earthport said revenues for the year to 30 June 2018 were affected by delays in expected contracts and client implementations, as well as changes at one of its largest e-commerce clients.The AIM-listed company noted that although many of the contracts were expected to be completed within the year, they would now result in lower revenues for the group, and that the change of plans from its e-commerce client regarding its UK corridor for domestic payments would result in a loss of "approximately 5% of projected revenues."EBITDA was expected to be "broadly in line" with market forecasts.The group said activity in its pipeline was "stronger than at any time in the firm's history", as an increasing number of banks and corporate entities begun active discussions with Earthport across the US, Europe, India, Australia and Southeast Asia.Uberoi said, "We are in a fast changing environment for cross border payments and many of the trends we have identified are now accelerating.""Earthport is in an excellent market position and commands significant assets to take advantage of the growing opportunities but scale will be an important factor going forward. We have identified emerging partnership opportunities and I expect the next period of time will be both exciting and challenging, given our ambitions and the pace of change within the payments sector," he added.Phil Hickman, non-executive chairman who will take over from Uberoi as CEO on an interim basis, added "Despite a temporary setback in revenue growth rates, impacting full year 2018 revenue expectations, Earthport's pipeline and brand profile has never been better.""The market is increasingly open to alternative solutions to correspondent banking and, as a leader in this field, it is imperative Earthport takes advantage of the many strategic opportunities presented by the current environment," he concluded.

[cryptotrade] 31/1/2018 16:36

good volume Sirrux, lots of buying and looking to do a serious breakout to 15p. Let's see how it goes. I suspect some news will be out sooner or later.

[silkstag] 31/1/2018 16:35

Hilarious trader falsity imho

[cryptotrade] 31/1/2018 14:32

There is lots of positive news out there at the moment. From the super low price, its still undervalued. The price may well fall, but it may well rise too, after all, its now about forward thinking the new scenarios. Earthport in lots of blockchain news.

Whatever happens, next stop will be 14+ if it closes above 12.2p today.

[sirrux] 31/1/2018 14:24

Sure is...stay cool, she may blow at any time. Sorry I just had to say that!

[cryptotrade] 31/1/2018 14:13

looking good guys.

[silkstag] 31/1/2018 13:47

I note none of you mention the actual EPO business performance in fy15, fy16, fy17 and h1fy18. Some might infer your views on supposed value are empty and flawed? Down came the rain ... imho. Dyor

Ps Traders help holders sell at inflated prices. Traders bring liquidity. But they usually have little understanding of fundamental value or business strategy or metrics so possibly should not pretend they do. Dogs at poker. Barking away.

[cryptotrade] 31/1/2018 13:36

hxxps://industrytoday.co.uk/it/incredible-growth-of-blockchain--by-type--application--analysis--demand-forecast-to-2025-and-technology-profiled-by-key-players--microsoft-corporation--ibm-corporation--deloitte-touche-tohmatsu-limited--ripple--btl-group-ltd---earthport--chain--inc---abra

[butchdogg] 31/1/2018 13:07

well, first target is 14.5 on new CEO news hopefully.Then 18p

[sirrux] 31/1/2018 13:05

Each to their own, i have been staying far away from boring businesses with lots of people. I am surprised the UK gov doesn't see what's coming, brexit or no brexit, it's scary. That's why we need to see more support for the brave ones cutting their way through the change that's all about us.Volumes are interesting, i have been enjoying watching it. Might it be a big fish? They've been careful tho, mainly just picking off sellers rather than really driving the price. Nibbles really if it is a big fish, that could swallow the whole lot.

[butchdogg] 31/1/2018 13:00

i have ydays volume at 306k. todays at 1,883 mill

ten day average 1,346 mill

306k x6 = 1,883 mill

[cryptotrade] 31/1/2018 12:57

Butch, you mean 60%.

Don't think anything is up other than its time to trade it.