Earthport Share Discussion Threads

[sirrux] 02/2/2018 14:21

Realistically tho, just because there's gold in the ground doesn't mean they'll find it.

[sirrux] 02/2/2018 14:17

Too funny, but possible.

[arf dysg] 02/2/2018 14:15

RE: bet about doubling price

Wouldn't it be funny if EPO went to 320p and CPI went to 24p?

[cryptotrade] 02/2/2018 14:13

Eh, remember I can't see doomsters posts they are filtered so I'm assuming doomster said sell sell sell 3p coming.

John, hey, yeah maybe or yeah maybe he will sell. Doubt it. They are undervalued and should be at least 25p.

[sirrux] 02/2/2018 14:11

John doubling his stake?

[cryptotrade] 02/2/2018 14:07

I think we will get a spike up soon

[sirrux] 02/2/2018 13:48

That's funny, I didn't think retired bankers had a reputation but everyone has their own view.

[silkstag] 02/2/2018 13:44

Mr McCoy can now SELL his 1m shares to cut his losses. By resigning now he is also containing the damage to his reputation. Late but sensible. This is another warning sign h1fy18 results are horrific and show the business model has crashed and burned.
MANDATORY SELL. Before crash to 3p in 12-18 months
All imho. Dyor

[sirrux] 02/2/2018 13:39

Spreads tight, traffics light. C'mon EPO release your goods!

[cryptotrade] 02/2/2018 12:47

No problems sirrux.

[silkstag] 02/2/2018 10:58

1) A quality new CEO would fire the people who are hiring him so they wont hire a quality CEO.

2) New CEO cant agree share option deal as he would realise £55m of losses and new funding would be @3p so no point getting worthless options @12p. Price needs correction to agree a fair deal.

3) Much of the horror of business model crash is still concealed from market and not priced in. Need H1fy18 and H2fy18 numbers for the current board lies and blunders to be fully exposed and accepted as the ugly current reality.

4) New CEO needs to slash forecasts and admit past falsity.

5) May need to settle litigation with deceived 20p investors in October 2017. Maybe -£15m settlement.

6) Admit massive trading losses -£20m pa for 2 years and allow -£15m restructuring losses e.g. office closures and relocation and staff redundancy.

7) Admit need £30-45m new funding on top of current £30m cash. Depends on occurrence and scale of potential investor deceit litigation. Risk us not price in at all.

8) Admit will do 10 for 1 share consolidation. Hikders will lose 90% of their shares. Massive dilution afterward. Like 2005 horror dilution.

9) Admit will terminate half of loss making customer contracts.

10) Admit 8 years of current board turnaround failure.

11) Admit bloodbath horror ahead for 2 years of new management hiring, turnaround and restructuring.

MANDATORY SELL. Crash to 3p over next 12-18 months
All imho. Dyor

[sirrux] 02/2/2018 10:56

That's an interesting one Crypto is it just for sending payments, I am looking for something that can beat PayPal which small businesses on tight margins seem to hate. Let's not clutter the thread too much but at least it's a relevant topic.

[cryptotrade] 02/2/2018 10:19

Sirrux,

Dreams happen but they needed to focus on existing business but also ripple and maybe other providers. But, they need revenue to continue to grow not at the expense of jam tomorrow.

The market is ready for this so it's for the offering. They should offer simple APIs that other clients can use to integrate into the service. The thing is Hank wants just big clients, this is good but you need the transactions.

2.4m trades and no major fall.

This is an interesting company.


hxxps://www.paymentrails.com

[sirrux] 02/2/2018 10:08

Crypto, I agree to some extent EPO are just finishing their clearout, CPI are just starting theirs and it's a much more difficult case.

[sirrux] 02/2/2018 10:05

My dream CEO would be one that's not too concerned about pay today but one who can see the potential of turning a sub 100 million market cap company into a 1 billion market + cap company. That's what I would be looking for here.

[cryptotrade] 02/2/2018 10:04

SSR , why all leaving? I guess you lack intelligence do you? Did you ask why CPI has fallen from £10 to £1.60. Nah, you thought why not average down at £1.90 and hold on to the losses. Sure it will be fine, 700m 50% dilution maybe.

Clearly you have an appetite for risk, CPI proves this, but don't for one sec think you'll make more money on CPI than EPO. If you got in at 9p, you'd be up. I guess you'll wait for the new CEO as you did for CPI and buy. Bit late SSR.

Anyway don't gloat about your losses. No point.

[sirrux] 02/2/2018 10:00

I thought it interesting that after his Jan 19 comments he retweeted a comment from the CEO of ripple. This topic is obviously firmly in his mind, let's see what transpires.

[sirrux] 02/2/2018 09:55

Yes and Hank hasn't given up either. He's still got a stake in this. His comments on Jan 19 had a hint of fire, he got 1,000's of likes when he normally only gets 4 or 5. I wish I had more gumption, when I am right I tend to make the mistake of not being greedy enough but how much do you really need anyway?

[cryptotrade] 02/2/2018 09:48

Catadog, that post is as bad as the weather one. Bit obvious and lacking anything.

[cryptotrade] 02/2/2018 09:47

Sirrux lots of buying.

[cryptotrade] 02/2/2018 09:45

I think you'll find they will all leave. That's good news and either a new bunch will arrive or they will be sold. They have too much going on to be ignore.

Good revenue, reduce costs a bit and focus and good deals and boom. It's positive from here.

There's nothing wrong if no one is left. It's what we want. Time to move forward. Simple as that.

[ssr23] 02/2/2018 09:31

Caradog - ha. Re their cunning plan!!!! We will watch this space with interest.

[silkstag] 02/2/2018 09:28

4 of 7 senior management squealed down gangplank in 1 year. Now the first NXD. Earthtanic sinking. Another lead indicator of failed business model, wild lusses and path to Administration.
MANDATIRY SELL heading for 3p
Imho. Dyor