Earthport Share Discussion Threads

[cryptotrade] 08/2/2018 14:50

Sirrux,

The UK economy is changing, Brexit did have an impact on investment projects but, this lazy company is private. Imagine if it was a public owned body, they would be even worse. I think there is a lesson for governments on how to run enterprises. Do not create large beasts, create small divisional units which have their own P/L and full accountability. This way they can scale but the teams remain visible for all to see. If you follow Amazons model, they scale but have lots of small units responsible for small things as opposed to one beast top down approach.

[sirrux] 08/2/2018 12:53

We could be about to see "safe" UK plc implode in a mass of scandals, too many employees and lousy lazy Boards. You only have to look at the last 2 years relative returns outside of the miners to see that all is not well (not bargains as Woodford might put it) and there may be more horrors under the covers. I would stay well clear, at least until the government recognizes the issue. For now they believe they are looking at the facts (such as the employment stats) which tell them everything is fine and are telling everyone that Capita is no Carillion etc, this is incredibly naive but history tells us things don't end well. We all know EPO has its problems, but nothing on this scale.

[cryptotrade] 08/2/2018 07:58

SSR I'm in no denial, I can think for myself.

Accepted what, a trade, which I'm 40% up on. Silly yeah I'll accept I'm making.

I trade, get it, trade which means I don't hold onto anything long term.

For example, you are suggesting EPO is lost. Yep, can't argue with that , however that's not my concern, I'm short term trading with stop losses. I'll lose nothing if it goes down, I'm covered. Yet you see them differently. Odd. If you got in on CPI at £1.60 you could have made a quick 20%. Easy trade not long hold.

You say Ubbie and his cronies like it's personal. Look SSR, they followed a path, a vision its not a vindictive erran. These guys got up every day for work which more than one can say for you, buying stock and hoping their hard work pays off. Don't preach morales, you've gone against them by buying CPI and HODL. Still lets see. I trade remember.

When someone is lost, EPO, they find their way. They are doing that. Yes CPI is lost, stuffed and you give them the benefit of doubt. I see, one rule for them and I've rule for another. Let's be clear though, they are not lost, with no revenue, failing strategy , they are lost with 30m cash, 34m revenue and lots of work to do. They just need to narrow their focus, stop taking risks on clients who don't pay up front and press ahead with what they have. Before you know it, rolling monthly cashflow breakeven kicks in.

I'll say this once as it's the wrong thread. You have purchased CPI to hold. This means you are waiting for them to turn their lost sinking ship into a direction which makes sense. In the meantime, you are losing money, while holding, knowing soon, they need to raise 700m, dilute by 50%, change direction, cut loss making deals, reduce revenue, increase losses.

I'm sorry but you've invested in a company where they favour dividends and not pension liabilities or suppliers. Imagine not paying suppliers.

Good luck because you're buying to hold. I see CPI and it's problems to be worse than epo. Simple.

What were the actual revenue figures for CPI? Lies? Did you know they did the classic forward book accounting, booking revenue when it's not arrived. That's a lie, fabricated and a sham. They are in big trouble. Yet you discount all that because they are big. They will turn around, but not with heavy cost cutting, dilution and much more. This means you're £2.00 purchase is at risk.

Fancy the bet, £3.80 and 24p. See if cpi or epo get their first.

[sirrux] 07/2/2018 17:04

SS, the issues are much bigger than that and they affect all players in the payment industry - there are many who would like to see EPO go (you may be in that boat) and the regulator is looking at these practices as are others. You do not comment on this. Hopefully we'll see more collaboration which is what the regulators want and that will be good for EPO, they have set out to do that but the industry has been slow to change and it has affected business. The newcomers can help the drive that too if they can work with EPO as ripple currently do.

[silkstag] 07/2/2018 16:29

Did average revenue per transaction crash again in h1fy18? Not priced in imho

[silkstag] 07/2/2018 16:29

Did overheads hike, turnover stall and losses widen massively in h1fy18?

[sirrux] 07/2/2018 16:25

Yes I'm sure the litigation funders are giving that one a good look....the trouble is they are spoilt for choice. I doubt they are looking at EPO.

[ssr23] 07/2/2018 14:22

I cannot see a single reason to buy back in here.

The delayed H1 revenue update should be a concern. The figures must be much much more worse than so far admitted.

All imho dyor.

[cryptotrade] 07/2/2018 12:20

Sirrux,

Spot on. Adapt accordingly. So who knows I may sell on my stop loss. See how it goes.

Silkstag for a laugh I unfiltered you. I have to say you are very very boooring. Is that legal or a clause 11 complaint like babies would do when they loose their dummy.

Now generally.

Some people get obsessed with doomster stories, some people are always negative, some people build up pure hatred because when they made a decision, it turned out they were wrong. So rather than accept they were wrong, they spend their life proving someone else was wrong to excuse their own stupidity. They hate being wrong. They think one must never be wrong. That's ridiculous. It's an almost a sign of a narcissist. I sense an element of this here.

People come and go.
Companies come and go.
It's called life.

The fact you talk talk talk with trollish type posts suggests you are literally obsessed in yourself.

Let's be clear, I trade, I'm not in love or hate anything or any company. It's possible though you can't help yourself now, until, you say, See they went bust, I was right all along. If that makes you happy, well you have an empty life indeed.com.

People make decisions of their own. Sometimes, it's right, sometimes it's bloody wrong. It's human nature. Now, unless Elon musk picked you up from Mars and in your life you believe you NEVER make a mistake, I suggest you grow up, get a grip.

Looking for vindication serves no purpose other than to massage ones ego. Clearly that's important to you maybe? To me, I'm humble, I let go.

You appear to ask lots of ?? That's odd, that implies your open to a discussion with someone. Hmmm, it's clear your not open to anyone's view but your own. So please stop double posting, stop ??? You are not interested in anyone or anything but you.

You imply X parties traded stock? Errm is that no different from shorting stock and limited volume ? Have you reported it the FSA if it's illegal?

It's like saying does anyone think it will rain tomorrow? Someone says yes. You turn round and say, don't be an idiot, it's not going to rain. Now the purpose here is to put people down so to make one feel better, feel in power or control. Tends to reflect those who limited self confidence and pure pig ignorance. Makes you wonder though. Trust me silkstag, it's OK to be wrong.

Engaging is a two way process with no arrogance. Your arrogance stops you doing that.

Anyway best of luck you're back on my filter list as it's clear your drivel is nothing more than selfish jabs at s sponge wall.

[silkstag] 07/2/2018 11:58

1) EPO forecast +£20m profit fy17. It reported -£12m loss. FACT.

2) Was the scale of tbat shortfall (-£32m) indicatice of Board dishonesty? YES.

3) Do crooked Boards often end up slaughtering their investors? YES.

4) Do you think EPO loss in H1fy18 was better or worse than my honest expectation of -£9m? (Partly depends on fx unrealised gain or loss).

5) Do you think EPO Board has deliberately delayed the H1fy18 numbers 7 days and counting to cover up their failure hoping the price will climb before it crashes on the bad news?

6) If yes, is that further proof of Board dishonesty?

7) Do you expect fy18 loss -£18m ie vastly worse than fy17 dire -£12m?

8) Do you expect fy19 loss -£20m ie £20m below Hank Uberoi breakeven lie number 8?

9) Is someone who invests in a company with massive losses versus forecast profits, dirty board versus a risk-averse client base, a fool who will be easily parted from his money?

10) If you mostly think YES above, then is EPO heading for 3p, restructuring and refinancing?

MANDATORY SELL before crash and slide to 3p.
All imho and decide yho by dyor.

[sirrux] 07/2/2018 11:11

Lovely, more fuel for the fire.

In today's world "facts and reason" (specifically selected ones) are consistently leading to investment losses or at best poor gains, the US senate attacked this yesterday and the regulators admitted that even they personally did not pay too much attention to the disclosures when making investment decisions.

I think Crypto is right, you can only look at the market facts. Price up from 8p to 12p - FACT (with significant moves on high volume days). Why, more buyers than sellers - FACT. What next? Who knows but the chances are we are not fully in the picture so we need to form opinions about the future that may or may not materialize.

Whether the price goes up or down, I will adapt accordingly.

[silkstag] 07/2/2018 10:09

Posts which ignore EPO actual ongoing failed business performance are drivel - and deceit by omission.
Trading update on H1fy18 is 7 days late and counting. Expect wild loss e.g. -£9m in only a 6 month period.
In sumner 2017 some parties apparently pushed the price up from 18p to 27p on thin volume to get the £25m funding round away dirtily. Then the round @20p and actual results were late downgraded twice and the price crashed to 8.5p in two large hits and some slides.
Same pattern with the recent push up from 8.5p to 12p on nothing. Same outcome is written in the stars. -5p price crash in wake of late dire H1fy18 numbers.
EPO losing -£9m every 6 months would be -1.5p shareholder value destroyed every six months.
If cash is now only £30m then it will run out in 18 months.
Forecast of fy19 breakeven is the same Uberoi lie told every year since 2010. Fy19 will be -£20m loss.
Remember Uberoi forecast fy17 earnings at +£20m but reported -£12m. -£32m shortfall. Whopping lies are his MO.
None of these disasters are priced in @12p. So it is right that the price will crash and slide -5p when H1fy18 late numbers are admitted.
Not vapour or drivel. Facts and reason.
MANDATORY SELL before late numbers are admitted.
All imho. Dyor

[arf dysg] 06/2/2018 17:13

What is this? Has the world turned on its head? Have I moved into a parallel but hidden dimension? All stock markets around the world are going down the toilet and EPO ... is ... gasp .... going ...... UP .. ?? ??? ??

[silkstag] 06/2/2018 17:01

Ready for -5p crash with h1fy18 trading update 7 or more days late? imho. Dyor

[cryptotrade] 06/2/2018 16:50

A great closing price after the recent days trades.

It's touched 11p a good few times and its a good basis for the next leg up.

Silkstag I had filtered you, so one can assume you have ignore any persons view and spouted your own and only your own with repeated information.

Next leg up.

[silkstag] 06/2/2018 15:56

H1fy18 trading update is 6 days late and counting.
This pump up on thin volume is very reminiscent of the 3 previous -5p price crashes in the past 2 years when the numbers or bad news is admitted late.
Holders beware. Traders need to factor in the high crash risk. Stop loss wont protect you if it opens down -5p due to a 7am admission h1fy18 fell off a cliff.
MANDATORY SELL @12p or anywhere near.
All imho. Dyor