We would love to hear your thoughts about our site and services, please take our survey here.
London South East prides itself on its community spirit, and in order to keep the chat section problem free, we ask all members to follow these simple rules. In these rules, we refer to ourselves as "we", "us", "our". The user of the website is referred to as "you" and "your".
By posting on our share chat boards you are agreeing to the following:
The IP address of all posts is recorded to aid in enforcing these conditions. As a user you agree to any information you have entered being stored in a database. You agree that we have the right to remove, edit, move or close any topic or board at any time should we see fit. You agree that we have the right to remove any post without notice. You agree that we have the right to suspend your account without notice.
Please note some users may not behave properly and may post content that is misleading, untrue or offensive.
It is not possible for us to fully monitor all content all of the time but where we have actually received notice of any content that is potentially misleading, untrue, offensive, unlawful, infringes third party rights or is potentially in breach of these terms and conditions, then we will review such content, decide whether to remove it from this website and act accordingly.
Premium Members are members that have a premium subscription with London South East. You can subscribe here.
London South East does not endorse such members, and posts should not be construed as advice and represent the opinions of the authors, not those of London South East Ltd, or its affiliates.
If they did an rns for all those that would average at nearly 3 a week.
Yes, and now they can scale up the business
That is a good spot Aunboy. Cash up on last year.
That's a shed load more in revenue should any of the come in...
Just shy of 20p!!! I'm in... one not to be missed!
PIVOTAL POINT - So for the last 2 years we have needed £25m a year with a steady 185 employees to run our company. we have smashed last years revenue to £30m and with a 68% gross profit margin we are going into breakeven. Add the amazing growth Earthport is doing I wouldnt be surprised to see revenues of £40m + ant current growth rates and into excellent profit gains of £10m+
Revenue up to £30m from £22m last year.
Revenue in 2008 was £750,000 and last year this was £22 million. Growth has been amazing with Bank of America ramping up this year and many others.
reasonably average good news should see a jump through the 24p level, hopefully more
Great posts John21. I expect great results on this Mondays Rns update. A lot of the buys are showing as sells ... I topped up my holdings here earlier and 5655 was showing as a sell. Gla Muso
Hahaha!
Just bought another 26,047 for 19.10p
Panmure Gordon put a stock price of 61p in September 2015. There is no reason now why we shouldn't hit those targets. We have been smashing through the revenue targets for the last 4 years. The re investment tap is being turned down and that will turn up the profits.
I hold 171000 shares. I might send this over 200,000 looking at how cheap the sp is.
Here is what we did last December. The update should show a good increase from these figures. Key Takeaways • 35% increase in Revenues to £14.3m (H1 FY16: £10.6m) • 41.1% reduction in Loss Before Tax to £3.3m (H1 FY16: £5.6m) • Strong Balance Sheet with Cash Balance of £11.4m at 31 December 2016 (FY16: £14.4m) • 85% increase in Number of Transactions to 5m (H1 FY16 2.7m) • 97% increase in Payment Volume to $7.8bn (H1 FY16 $3.95bn) • BofAML CashPro® offering using Earthport network from February 2017 adding several new countries and currencies • Approval from Reserve Bank of India to operate cross-border payment services from November 2016 • Axis Bank, India's 3rd largest private sector bank, first in region to connect with Earthport • Board is confident of continued growth going forward
Update 3 weeks earlier than last year so hopefully good news.
I'm expecting 10 million+ transactions for the year. This should give a turnover around $30 million.
Aunboy the profits are going up double digit plus every year. This is being reinvested to expand our services. Once that investment comes to an end then profits will become real. Start panicing when the update is bad. I wouldnt have invested 7 years ago would you? I bought £30k at 15p.
We have been told epo is going for huge expantion. This takes time and money. If investors dont have time then sorry about that.
Its all bs speculation until the update comes out. This is been shorted.
Thats quite negative for an investor. Just sayin.
How many companies release lots of rns news spouting bs only to find they are trying to send the share price up ready for a fund raise? We dont need to do that. We have millions in the bank and as the last update went we are on track to do 10 million + transactions compared to 6 million a year ago. Excellent progress.
If you bought in on that big spike then yes. If still invested from April 2014 you will notice that turnover and profits have rocketed and also the share price is recovering from a low of 11.75p last year. Profits will come. Not any Tom Dick or Bank gets into bed with Bank of America.
The share price is showing about 27p for April. If it was now down 60% that would give us a share price of around 14p? Aunboy how did you work out the 60% drop?
Aunboy - We had a trading update in August last year and the year before that it was in July. Hank Uberoi has not failed. In the RNS 26th Oct 2016 Final Results for the year up to June 2016 We did 6.6 MILLION transactions FOR THE YEAR a 64% increase in the year before. In the RNS 31st Jan 2017 Trading Statement for the 6 MONTH PERIOD ending Dec 2016 We did 5 MILLION transactions IN 6 MONTHS an 80% increase from the year before. It was only in December 2016 that we ramped up our transactions with Bank of America. These figures are huge if every year you get increases of +80% If you or others have sold then so be it. These figures are amazing. Try doing a graph for the last 5 years on profit and revenue and carry the line forward to another 5 years It's amazing. As for Hank he has certainly not failed.