Roger Baron
25 Sep 2015
Re: record fy15 loss-bailout now If they do I will be certainly buying more.Earlier this year Frank U was explaining that they could be already making a profit but chose not to. [link] shareholder recently increased holding. They obviously don't pay too much attention to Advfn or iii's, man with a grudge, CM!
CaptainMultibag
25 Sep 2015
record fy15 loss-bailout now Advfn has posted an urgent strong sell alert.Fy15 loss will be reported on 29 Sept at nearly -£9m. Legitimate source cited. Fy14 loss was -£6.3m and fy15 was forecast by management to turn into profit. But Fy15 will instead be largest loss in epo history.Business model gas failed and this raises very serious questions about management competence and integrity.STRONG SELLat 41p before all holders realise they are in crisis.All imho
Roger Baron
28 Aug 2015
Re: seller overhang, stalked growth and huge... "Large seller on order books and only tiny buyers"Reality is that Oppenheimer purchases over a million shares to increase major holding further! "Tiny!"
CaptainMultibag
25 Aug 2015
seller overhang, stalked growth and huge losses Large sellers on order book and only tiny buyers. Epo promised profit in fy15 but concealed until August that it made another huge loss. No improvement. Management irregularities about concealing losses. Revenue growth has stalled. Now only 14% since last numbers. Valuation assumes 100%. Bust. Will crash 80% like it did the last time the epo bubble burst in 2009-10.Advfn say get out this morning before the heavy slide kicks in again. It touched 30p last month. Risk the same.Imho
CaptainMultibag
12 Aug 2015
Re: Late downgrades and breaches STRONG SELL, sorry, clicked the wrong box. Puffed-up junk with crkd mgmt always crash but it takes some time.
CaptainMultibag
12 Aug 2015
Late downgrades and breaches From ADVFN:"Summary: The 6 month results reveal the revenue growth rate has declined in the past 1.5 years, from 20% to 14%. Costs are rising more than revenue, so the breakeven promises were yet again broken. Crooked management induce grossly inflated market expectations and in breach of AIM rules they leave them in the market for many months beyond the point they were certain they were false i.e. the loss was about £5m understated for 2015. STRONG SELL imho. Detail: 1) EPO's reported 6 month numbers reveal the problems: 6m to 30-06-14: Revenue £7.5m ; Loss -£1.9m 6m to 31-12-14: Revenue £9.0m [+20%]; Loss -£5.4m 6m to 30-06-15: Revenue £10.3m [+14%]; Loss -£2.6m [SS downgraded estimate] 6m revenue growth rate has gone down. Costs rising faster than revenue so forget breakeven. 2) EPO management waited until nearly 4 August 2015 before admitting to PG that the previous forecasts of profit in H215 and £6.6m profit in FY16 were false. PG is forced to downgrade every time EPO report results. Below are the PG downgrades from 18-9-14 to 13-3-15 to 4-8-15: FY15: £0.5m profit; -£2.3m loss; -£4.9m loss* FY16: £7.5m profit; £6.6m profit; -£0.5m** loss* FY17: n/a Sept 14; £19.8m profit; £10.0m** profit* *Reported losses will be £2-3m worse as PG wrongly ignore amortisation on capitalised admin costs and the massive management option packages. ** PG will downgrade this again in March 2016 and August 2016 when the interims and full year are way below expectation (as happens every year). 3) Consider the frequency, scale and lateness of the downgrades. FY15 had forecast revenue £20m and hit £19.3m, so only £0.7m below. Q) Why is the FY15 loss a massive £5.4m worse than the £0.5m forecast profit? A) Costs were £4.7m worse than forecast. Management knew costs to 30-6-15 were running many millions higher than forecast in Sept 14, Mar 15, and July 15. Yet they left the market expectation on profit/loss £5.4m too high ... until 4 August 2015. EPO management are crooks. They left market expectations that they knew with certainty were grossly inflated, in order to puff up the share price and cover up their turnaround failure. All imho"
Ripley94
07 Aug 2015
Re: Seller overhang Got a call from broker , who was contacting holders . bit vague about why they were doing that ?
Roger Baron
20 Jul 2015
Re: Seller overhang I may be mistaken but I don't think I am ignorant. I certainly disagree that this share is "over hyped" unless you have a different meaning of the word to the one I know! Time will tell as to whether or not it is over priced.As to my comment about CM, I find it strange that anyone can keep popping up on this page - and yet no other - and the recent flurry of negative comment here and on ADVFN has been followed by a significant sell by small share holdings followed by some very sizable (presumably institutional) buys at reduced prices.In the meantime the chief exec seems to still be happy to receive no remuneration other than shares and options.I remain a long term holder.As to Futura Medical, well I am certainly ignorant on that one - the only thing I know it has in common with Earthport is that Henderson are sizeable shareholders of both.
IAmShareCrazy
19 Jul 2015
Re: Seller overhang What an ignorant comment Roger Baron. This share is a bit like Futura Medical: overvalued, over hyped and non profit making.
Roger Baron
13 Jul 2015
Re: Seller overhang I now believe that CM is actually paid to talk this share down so that his clients can top up at a lower price!
CaptainMultibag
07 Jul 2015
Re: Seller overhang Three more sellers joined the order book. One is showing 499,500 and likely has millions underneath.Germany will not reward greek president with a quick deal. There may be no bailout at all. Bad news later today will put more downward pressure on epo.So will release of its failure to reach beakeven and urs loss being 5m worse than expected.Dump the dog and save what is left of your cashAll imho
CaptainMultibag
06 Jul 2015
Re: Seller overhang New sellers joining friday's overhang.Sell icebergs of 150000 and 50000 on order book. No buyers visible.on order book.Bid is sliding and thin. Now 35p and that is only three narket makers in 10k each. If a seller hits them for 30k the bid will fall toward 30p in minutes.Suicide to hold this wildly overvalued share over the summer.It has not passed breakeven and liss will be -5m worse than market expects.That horror news will gambler thus down much further.All imho
CaptainMultibag
03 Jul 2015
Seller overhang EPO at 37p is valued at over 17 times its market cap 5 years ago turnaround does not merit that wild hike. Should be 10p so x5 value 5 years ago. 70% crash overdue.No surprise seller overhang.Strong sell. Imho
CaptainMultibag
26 Jun 2015
EPO fake bubble bursting? Summary from ADVFN:"Market value of £180m at 38p is x19 the 2010 £10m value. Should be x5 max hence worth 10p today. Costs out of control. EPO has moved further from breakeven. Turnaround failed and management are dishonest. Loss in 6m to 31-12-13 was expected at -£2.5m but blew-up to -£4.8m. Loss in 6m to 31-12-14 blew-up further to -£5.4m. Loss in year to 30-6-15 may be worse than -£7m. Management have left -£2.3m as market expectation but they lie. Market expects positive cash flow by 30 June but that is also a lie. P/E ratio is -22. EPO is 1.25 years into ponzi-type bubble. LSE:RBD started to crash in the second 1.25 years and is now 88% down after 2.5 years. EPO will follow a similar 75% crash path to 10p for the same reasons. STRONG SELL All imho"
Roger Baron
17 Jun 2015
Re: Turnaround failed. Value x20 is wrong Put your money where your mouth is then and start shorting.
