Some good news at last from this weeks Shares mag. Tim Freeborn revisits the company and altho no firm details are given about new deals he says they will be announced this quarter. I would think that this could be at the same time as the interim results are announced. I for one will be holding on cos they will fly sooner rather than later! ( 8.30% up today!)

Tim,

I completely understand your clarification, your position seems pretty clear to me. I personally only have one question, do you still standby your statement that they have done a deal with the Post Office and that it is simply held up by the cabinet?

On 'other' threads you have effectively been accused of making it up and that the whole deal is a fabrication. For what it is worth, I have said and will continue to say that I do not believe you would do such a thing.

Best regards

T..

oneill, we can do without the insults!

You say fair enough but then you repeat the insult.

Tradx,
Why on earth would I make anything up? I have nothing to gain from that and plenty to lose. Direct questions like this to the company.
tim freeborn

Tim Freeborn


jonny wilkinson - 20 Jul'04 - 15:57 - 347 of 380 edit



Tim Freeborn

I understand you are privy to deals agreed, maybe not signed but certainly not yet announced to the market, surely you have been made an 'insider' as a result of this information if correct while you remain a shareholder, did you sign relevant confidentiality letter before you were made an insider. Do you understand rules when in receipt of price sensitive information. Is your editor fully aware and in agreement to the position you hold within EPO.Perhaps you will confirm why Cunninghams comments that ' we only believe 30% of what we tell ourselves' were not reported earlier , do you agree this was a serious oversight with the benefit of hindsight.
Surely if Shares Magazine are to remain a creditable publication in the market place then in future you should check with the company due to sign the contract ie Post Office Counters UK ( most know about Hong Kong Post Office deal already mentioned in an RNS dated 31 Mar 04 re Hong Kong based high volume payments services contract ) to verify information supplied by EPO is correct including contact name you have spoken with, surely that will provide more comfort to the readers, though i must add the market should be told first if any such deal is likely to affect share price.
I note comments from some other posters about doing your own research, with repect if everyone adopts that line then its most unlikely a publication such as Shares Magazine will cease to operate, readers must feel confident when an article is published that information is accurate.
I wish to make clear i've no reason to believe you've not acted in good faith at all times but remember the priveleged position you hold unlike ordinary retail investors who i should say have every reason to believe what you write.

I'm sure with benefit of hindsight it would have been better not to have purchased shares in EPO, that way you remain totally impartial.

I trust you understand frustration shared by many investors with this stock and will consider my comments carefully before issue any response which i'm sure most here would appreciate.
................................................................................

Tim

I note your reply earlier today, with respect you did not answer the questions, i believe its important for you as an employee of Shares Magazine to respond to what i believe are relevant questions, many may doubt my motives on these boards which is fair enough but as a long standing shareholder i judge its quite in order to ask pointed questions, same applies to you whose readership place great trust in what you write otherwise pointless buying such a publication every week.

Somebody just bought a million.

So there is some confidence.

Whoever posted a while ago that if this board is publicised elsewhere the result would be that all the whingers would be attracted to slinging their mud here and lower it, appears to have been proved right !

As we are probably all aware, the Baltimore claim and probably that of Egg's will almost certainly not be settled in full nor for that matter be settled shortly. The legal system is very slow and this could drag on for years, way, way past the time that we will know if EPO is going to deliver on any of the hopes that we have. Hell, it could be that EPO ends up as a shell with investors just waiting for a legal payout at some point.

If there have been lies or falsely inflated hopes of a deal from EPO then yes, I'm annoyed. If TF has knowlingly misled us, (which I don't believe is the case) similarly then yes, I'm annoyed, but at the end of the day, we must all take the responsibility for our own investment decisions, both if or when we buy and when or if we sell. Personally I'm more gutted that I backed EPO rather than ASOS, (I thought a rise from 5p to 8p for ASOS was too far too quick and that it would fall back :-(

If you hold EPO shares and you don't believe the newsflow, then take the loss and sell. It's as simple as that. We probably all believe that the city is crooked, (look at the run up to every share prior to good or bad news being announced, whether it be Abbey, M&S or EPO), but if we want to be in this market we must accept it. Ok, rant over. I guess I'm just asking for objective, constructive comments to be posted rather than insults.

Oh, unless Mr Cunningham would like to pop his head up - that would make for an interesting set of posts ;-))

oneill,

p*** off.

I was not kissing arse, it is simple, others are questioning his integrity, many will and have invested based on his previous track record and his reputation.
I will now admit that I am bitterly disappointed at Tim's reply, he had previously told us a deal with the Post office was done, now he is ducking and pointing these questions to the company. Someone is not being straight.

Tim, a simple answer is required from you, it is either true you were told this, or it is false and you were seriously 'mistaken' - what is it?

Your credibility as a journalist with integrity is now at stake.

Regards

T..

Shouldn't those who don't beleive the news flow from the company, instead of blaming TF, be getting themselves to the companies AGM and asking "pointed" questions to those at the top of the business? Just a thought.

my brother is agood friend of TF and he assures me that Tim was told by RC that on Jan 20 the post office deal would be signed, and RC told my brother last week that it was awaiting cabinet approval. RC needs to deliver news and stop dreaming in telling us how close they are. i was close to buying asos at 8p and ended up with 3m epo. There is no need for TF to lie, if he had no faith in the stock he would have put a sell out, saying Rc had misinformed him.

No offence to you guys (aka whingers) but can we stop with the constant whinging of who did what, with whatever knowledge when and where they shouldnt or should have, its a BB about EPO not the local whingers board! if you have a problem with someone keep it to your self or squelch them! its getting abit SH!T when i have to trawl through 20 bo!!ocks messages to read some decent BB messages!

i mean if u look at the number of messages on this BB and the % of wasted ones, its rediculous!

cheers (i think im becoming a whineger now!)

whinging/whining/ramping/de-ramping/knife-catching. Learn to chart read instead

What does it say?

HELP!

it says.........if we have some good news flow then we are in for an upturn and if not we will bottom out somewhere close to the current price......just my thoughts. I see no real reason for the drop in price apart from nervous investors jumping ship.........the problem with EPO is all the unknowns......1)legal action - how much will it cost. 2) Revenues from recent contract wins - ie. wanadoo and Hong Kong. Nothing has really changed in the last 2 months has it.........

no..........I didn't post the chart.

Shouldn't '... south for the winter' be added to the thread title?

********* FAO TIM FREEBORN **************************

jonny wilkinson - 26 Jul'04 - 15:17 - 381 of 398 edit

jonny wilkinson - 20 Jul'04 - 15:57 - 347 of 380 edit

Tim Freeborn

I understand you are privy to deals agreed, maybe not signed but certainly not yet announced to the market, surely you have been made an 'insider' as a result of this information if correct, while you remain a shareholder, did you sign relevant confidentiality letter before you were made an insider. Do you understand rules when in receipt of price sensitive information. Is your editor fully aware and in agreement to the position you hold within EPO.Perhaps you will confirm why Cunninghams comments that ' we only believe 30% of what we tell ourselves' were not reported earlier , do you agree this was a serious oversight with the benefit of hindsight.
Surely if Shares Magazine are to remain a creditable publication in the market place then in future you should check with the company due to sign the contract ie Post Office Counters UK ( most know about Hong Kong Post Office deal already mentioned in an RNS dated 31 Mar 04 re Hong Kong based high volume payments services contract ) to verify information supplied by EPO is correct including contact name you have spoken with, surely that will provide more comfort to the readers, though i must add the market should be told first if any such deal is likely to affect share price.
I note comments from some other posters about doing your own research, with repect if everyone adopts that line then its most unlikely a publication such as Shares Magazine will cease to operate, readers must feel confident when an article is published that information is accurate.
I wish to make clear i've no reason to believe you've not acted in good faith at all times but remember the priveleged position you hold unlike ordinary retail investors who i should say have every reason to believe what you write.

I'm sure with benefit of hindsight it would have been better not to have purchased shares in EPO, that way you remain totally impartial.

I trust you understand frustration shared by many investors with this stock and will consider my comments carefully before issue any response which i'm sure most here would appreciate.
................................................................................

Tim

I note your reply earlier today, with respect you did not answer the questions, i believe its important for you as an employee or freelance journalist of Shares Magazine to respond to what i believe are relevant questions, many may doubt my motives on these boards which is fair enough but as a long standing shareholder i judge its quite in order to ask pointed questions, same applies to you, whose readership place great trust in what you write otherwise pointless buying such a publication every week.
..............................................................................
Its my view you must respond to each of points raised, is it in order for all of the matters i've raised to be included in the next publication of Shares Magazine, can this be arranged, if not i will write to FSA and ask for their opinion, this is very serious matter and must be addressed without delay.

Re Post Office Deal, did you contact senior management to verify this deal is done, subject to Cabinet Approval,( i suggest ask Rob Cunningham who in PO is point of contact ) if not why not, secondly what is meant by cabinet approval.

jonny wilkinson

Who or what the hell do you think you are?

I hold shares in this company and therefore I am interested in news about the company and read what was written about it by TF. But I take the majority of things in life with a pinch of salt especially in investor magazines and BBs.

If you haven't hard luck. But you constant harping would not increase any feeling I have of sympathy for you.

Whether TF wishes to make any reply to your persistant, IMO obnoxious, mailing is entirely up to him and I suggest you apply the instruction "must" to your own actions and not as instruction to others. As far as I am concerned it is up to him if he feels any need to respond. But my feeling is that it would better to wait for the company to give information in its own time. Also it would be folly to try to give conclusions about the outstanding actions.

Now why don't you go and lie down for a while.

Fred1new - 28 Jul'04 - 18:43 - 400 of 400

I note your comments but wish to remind you firstly my comments are directed to TF who posted the original article on this board, secondly its a very serious offence to publish information which is potentially misleading, however this is a matter for FSA to investigate if they have reason to believe information is not accurate. For the avoidance of doubt i'm not suggesting EPO or Tim Freeborn has misled anyone , however its not acceptable so much doubt remains as to whether or not the deal is or about to be concluded. Remember such a groundbreaking deal for EPO should not be told to a journalist ( who is a shareholder ) ahead of an official RNS. ( Check FSA Rules on this matter )

Also remember Citywire reported back July 2003 about a major Airline deal agreed, 12 months later still no news, why if this deal is not proceeding have shareholders not been told, EPO thought it was important enough to tell Citywire readers but not shareholders who really matter, i'm not really bothered what you think of me, if you're not happy with my postings then i suggest don't read, hopefully this is clear.