TheFall
17 Feb 2015
Re: Earthport falling backwards-expect p... Falling back as expected. Shall we say earthport stabilizing as expected.
TheFall
17 Feb 2015
Re: 37.50-39.00 Wow, really.
TheFall
17 Feb 2015
Re: Late numbers are often lousy numbers CM they were not Lousy numbers and they were not late. Interim's will be on time. Not surprisingly you were wrong again.
TheFall
17 Feb 2015
Re: trading update RNS I think this is brilliant
TheFall
17 Feb 2015
Re: Late numbers are often lousy numbers... CM would like you to guess future revenue so he can say you are wrong. Why guess, when you can wait for the real figures. Stated expected to be over 8.7 million. That's brilliant in my view. MC loves to speculate to the point he proves himself wrong.
TheFall
17 Feb 2015
Re: profit warning hidden by management Hello CM,Reading into the release and the note you mentioned, I see your points, however you are wrong and you should at least accept that.Your interpretation of facts, are just that, your view, which can be deemed to be true or false. You suggested they would not increase revenue and the price would crash. Crash is a word you have used many many times with no luck.Now looking at the facts, earthport has signed more clients, has a healthy pipeline, has plenty of cash in the bank and has many new clients to join to increase its revenue.This is no joke CM. They are well and truly moving towards becoming a global utility. This can be seen time and time again and they are on the up, not down. So again you are wrong.Secondly, why do you pretend to refer to SS on ADVFN as if its another person. It's embarrsaing you feel you have to post under a different alias, but never admit to it. A little childish if you ask me. Why do you feel you need to duplicate or triplicate your self belief.You purchased at 11p, you sold your stock a year ago, yet you seem insinstant on saying the company has no future. A year has passed, the price has not crashed, like you said, the company has not gone up 10p and the companies clients are growing.You keep referring to the core revenue and their recent acquisition, but clearly, no one agrees with you, no one seems to think that's an issue. What people are looking at is the headline revenue growth and possibility of a profit.Granted half a million profit is little and I am sure if they had made it, you would have slated them saying its nothing anyway, a -2.3 million loss, yes is a loss, but a smaller loss than they had before. You see CM/SS, no matter how you dress this up, EPO is moving in the right direction. Yes it may take a bit longer, but so what, it's no ones fault you are feel impatient like a child, saying I told you so time and time again.Lets see what happens. If they price falls, I will buy more, if it rises great, either way, they are not going away, they are not going bust and they are gaining more and more clients.No one can denying EPO is growing, gaining more clients and increasing revenue. This is why the price is being supported and rise. Now until they one day show they are NOT growing, then until then the price shall rise. Bearing in mind the price is low and the market they are working in is large, clearly this will rise further and further. Why? because they are growing not falling in terms of market share. It's as simple as that, something you cannot deny.so just admit again you were wrong.
CaptainMultibag
17 Feb 2015
profit warning hidden by management House broker issued a profit warning this morning. Downgrade from previously expected 0.5m profit to 2.3m loss.Concealed in management trading update . Epo is not getting materially closer to breakeven so losses ongoing.Headcount up 18%. Costs out of control.Turnover only up 16% from 6 months to June 14. Nowhere near enough given the hiked costs.Terrible results. Valuation multiples are bonkers. Crash overdue.Overhang of large sellers hoping retail investors won't see the broker downgrade and buy their shares.So far volume small so not too many retail investors conned.Strong sell. Imho dyor urgently.
Roger Baron
17 Feb 2015
Re: Late numbers are often lousy numbers.... ...but not always.CM wrote "You are afraid I am right and you will look foolish."He was wrong.I remain invested here for the very long term and still have no estimate (guesstimate) of what the future numbers might be.
Global Nomad
17 Feb 2015
trading update RNS Revenue expected to be over £8.7 million (H1 2014: £3.32 million), an increase of over 160% compared to the previous period On a like-for-like basis, revenue increased by over 90%, demonstrating an acceleration in underlying business performance Cash balance at 31 December 2014 amounted to over £32 million (31 December 2013: £8.19 million)
CaptainMultibag
27 Jan 2015
Late numbers are often lousy numbers 1) On 16 July 2014 EPO announced its turnover and trading for the 12 months to 30 June 2014. It was presented as a positive update. It took them just 16 days after period end to tell the market their turnover grew well for the second 6 months of the 12 months (from £3.3m to £7.5m).It is now 27 days after the 6 months to 31 Dec 2014. 11 days more than for the previous period. No trading update. The silence is deafening.I suggest that it is more than likely that turnover 'growth' is poor. I expect that it is so poor as to have gone into reverse. I expect turnover to have gone down to £6m. SS on ADVFN expects £6.5m; that is a bit more than me, but still LOWER than the previous 6 months.2) There is a heavy persistent seller out there. Apparently sold c1m today at 43p. 27 days after period end the number of people who know, or have been given a hint on, the actual results may be growing. Maybe one such party is the seller. 3) The previous period was distorted by the BoAML big contract integration thus it seems more than likely that turnover may not have been replaced. Thus this period could easily be lower.4) EPO rasied £26m in Ocober. If management in truth believed they would double turnover to £20m and post a profit for FY15 then they would have taken much less cash and that would have been their duty - to minimise needless dilution. Instead they grabbed 3x previous typical rounds. I infer management knew they were trading very poorly so grabbed the cash while grossly inflated forecasts were in the market.Taking these four facts and logical inferences together, it seems very likely that turnover in the 6m to 31 Dec 2014 is indeed poor. I expect £6m thus £1.5m LESS than the 6m to 30 June 2014.Assembling all publicly available facts and making inferences is not 'speculation', it is 'analysis'. It requires work. Not just typing contentless insults into a bulletin board, like some I could mention.
serious lnvestor
27 Jan 2015
up down or sideways those who place a sell sign up presumably will not be holding any shares as they would notbe encouraging others to sell and force the price down further. they presumably hold a market position based on a lower price. they have an ulterior motive. i bought the shares believing that the company would grow over time having a reasonable strategy and i still do and place a hold on the share and await results as they come. gla s.
Roger Baron
27 Jan 2015
Re: A third up in 12 months As J K Galbraith said, " there are those who don't know what is going to happen and there are those who don't know that they don't know what is going to happen." I am one of the former.
Roundish
26 Jan 2015
A third up in 12 months Actually, things have gone pretty well in the last 12 months. The business is improved and the prospects are better.I accept that there will always be people who take a contrary view but the idea that a person can put their own view of the likely numbers out there based on pure speculation and use that to knock the share price is just la la land. Reasoned arguments would be preferred please .....
IAmShareCrazy
26 Jan 2015
Re: Will crash with lousy interims CaptainMultibag there are other Jam tomorror companies like Futura Medical and Applied Graphene. A market to ratio and/or price to sales preferably above 10.
CaptainMultibag
26 Jan 2015
Will crash with lousy interims EPO being valued at 20x turnover is grossly inflated. But the market assumes turnover will double this FY 15 and more FY 16. When the market finds out turnover in 6m to 31-12-14 was c£6m ie less not more than the £7.5m in 6m to 30-6-14, it is rational for price to crash ... just like Monitise crashed 77% on that sort of news. Then EPO will crash again when full year revenue is £13m not the £20m expected; and full year operating loss is £7.5m not the £0.5m profit expected. All imho.I note that RogerB and other bulls have yet again not offered their own revenue and loss expectations. Are you secretly bracing yourself for a beating? What are your expectations?
