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Earthport: Ready to fly (EPO)     

jdubb - 04 Mar 2004 17:44

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!)

draw?epic=EPO

ssanebs - 19 Jan 2005 18:03 - 680 of 706

YES STANELCO... HOPEFULLY.

YES YOU ARE RIGHT THEY DID SAY THAT BUT IT GOES TO SHOW THEY CANT DO ANYTHING THEY SAY. HE SPOKE TO ME REGARDLESS OF THIER PREVIOUS E-MAILS SAYING THEY WOULD NOT BUT OBVIOUSLY THEY WANTED ME TO GET THE NEWS OUT. TODAYS STATEMENT IS INTRESTING LETS SEE WHAT COMES OF IT! BUT THEY DID SAY FUNDING DATE WAS THE 10TH AND HERE ON THE 19TH THEY ARE SAYING IT IS IN HAND.

ssanebs - 21 Jan 2005 19:25 - 681 of 706

24% rise in the price, is the funding secured?

squidd - 30 Aug 2005 19:06 - 682 of 706

This one came up on the radar after significant director buys at the beginning of August. Following a savage share consolidation, fund raising and capital reconstruction in July, EPO became a prominent member of the 99 club (actually lost 99.5%), and now the chart is suggesting it has finally bottomed. The management are predicting a revival, particularly hoping to cash-in on the mobile gaming market with their payment debiting system and the FT on Saturday dropped hints of stakebuilding.
Definately one for the bottom fisher's watch list.

squidd - 31 Aug 2005 08:31 - 683 of 706

It's on Haystack's radar this morning and climbing rapidly on the opening bell.

solid - 31 Aug 2005 12:01 - 684 of 706

trading is above expectations, elctronic payment methods is becoming widely acceptable ,one can expect more deals from earthport, also consider stakebuilding . announced today

solid - 31 Aug 2005 12:06 - 685 of 706

trading is above expectations, elctronic payment methods is becoming widely acceptable ,one can expect more deals from earthport,

squidd - 07 Sep 2005 20:29 - 686 of 706

EPO continues to storm uphill, up another18% today. The chart suggests recovery is underway.

Arf Dysg - 11 Sep 2005 17:02 - 687 of 706

It would be nice (er... essential!) if earthport put out an RNS item giving us the state of the company. An explanation of the share price jump would help, then a statement of the current monthly revenues would be very useful.

But why should the company tell me anything? I'm only an investor for goodness's sake.

Niggsy - 11 Sep 2005 18:15 - 688 of 706

Market CAP:260 Million !

This one`s got to be a wind up.

Bugz - 11 Sep 2005 18:32 - 689 of 706

Where did you get that from Niggsy?!

Bugz - 11 Sep 2005 18:32 - 690 of 706

I've got it as 6 M

jk9 - 23 Sep 2005 08:11 - 691 of 706

After a flurry of activity everybody seems to have lost interest in EPO... still holding but wondering whether to continue. Any thoughts anybody??

Arf Dysg - 31 Jan 2006 18:29 - 692 of 706

I regard this as a pure gamble. Positive developments would be amusing. I hold from long ago when the price was as high as 2p or 2.5p

So naturally, I'm massively in profit, hey Niggsy?

cellby - 31 Jan 2006 18:49 - 693 of 706

im in this dog for 3.5k 2.5p-1.5p from 04 thats 250p to clear out neVer see it,i need to be braVe and moVe on from these.

Arf Dysg - 03 Feb 2006 18:20 - 694 of 706

celby, you could think of these as for amusement value only. Personally, I've very little left to lose so selling out wouldn't get me much. I'm keeping them just for a little light relief.

Fred1new - 03 Feb 2006 23:42 - 695 of 706

Confession time. I hold some of these at a loss. Occasionally think of buying a few more and then I have a lie down until I feel better.

The potential is there but when or if I don't now..

Sometimes its good to have a dog of a share to remind you to do more Homework.

cellby - 05 Feb 2006 13:02 - 696 of 706

i think the only chance for these is if they get a takeoVer ,price may go to a pound on that news.i will keep them until april for new tax year then put whats left in an oily like nop,fto ,ser ,gtl ,blr,more chance of a bager with these.

P J H - 01 Dec 2007 12:53 - 697 of 706

Both Waltech (listed on Plus) & Earthport (formerly Ofex) are involved in Online paments business, Waltech have in fact, only recently become 100% involved in that area, with their 100% owned Payment Systems.

Both have recently announced results to June 30th 2007, and I think it's worth comparing the two.


EARTHPORT TURNOVER 2006 0.6m
PAYMENT SYSTEMS TURNOVER 2006 1.0m

EARTHPORT TURNOVER 2007 1.1m
PAYMENT SYSTEMS TURNOVER 2007 7.8m


EARTHPORT LOSS 2006 (2.8m)
PAYMENT SYSTEMS LOSS 2006 (1.0m)

EARTHPORT P/L 2007 (4.4m)
PAYMENT SYSTEMS P/L 2007 0.005m


EARTHPORT MKT CAP 34m
PSL (WALTECH) MKT CAP 11m




Add to this, Earthport have net debt & Waltech Net cash and indeed Waltech did post a 1.9m profit, but that was on disposal of investments and the group now concentrates purely on online payments.


I think Earthport have some exciting stuff ahead, but so do Payment Systems, they are about to launch having spent nearly 18 months developing, thier payment infrastructure developed for the social network industry. Their facility will be attainable following the launch of a music based social network already boasting nearly 300,000 members before launch. Also www.icoins.com looks interesting of which Waltech own 75%.


Other than Waltech being on Plus markets the huge gap in valuation is puzzling organic growth in 12 months from 1,000,000 to 7,800,000 is pretty impressive, strangely enough, the main directors wit Waltech used to be involved with Earthport!

Toya - 03 Jan 2008 07:48 - 698 of 706

Earthport sp moved ahead by 12% yesterday and broke through the resistance level at around 60p last reached in Sept 2005:

Chart.aspx?Provider=EODIntra&Code=EPO&Si

cynic - 03 Jan 2008 08:26 - 699 of 706

not sure why one would want to buy this share, other than that it is going up! ..... however, latest rns shows so pretty hefty institutional holdings, but of more interest would be to know what they were say a month ago.

Toya .... this is one of yours, so any idea?
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