Proactis Share Discussion Threads

[tomps2] 30/10/2015 10:04

Here's a link to Proactis presenting at Mello 19.10.15. A great insight to the company, their strategy and Rod Jenkins CEO & Tim Sykes CFO.

hxxp://www.piworld.co.uk/new-blog/

[eagle eye] 28/10/2015 14:37

News release from Business Wire:

PROACTIS, the global Spend Control and eProcurement solution provider, today announced a strategic partner agreement with TransProcure, a leading procurement services and business process outsourcing (BPO) provider in South East Asia (ASEAN Region). TransProcure’s initial focus will be to provide the PROACTIS Spend Control software platform as part of a complete suite of procurement and supply chain solutions to organisations in ASEAN.

The announcement was made at 2015 PASIAWorld, Annual Procurement and Supply Chain Conference, in Manila, Philippines.

“TransProcure is a long-time provider and trusted advisor with organisations in the region,” says Rod Jones, CEO of PROACTIS. “PROACTIS is excited about the opportunities the partnership with TransProcure presents and are very impressed with their high quality procurement services that enable customers to achieve their procurement and supply chain goals. This is a first step toward a long-term strategic relationship and PROACTIS is committed to working with TransProcure in the region to extend the company’s lead in procurement solutions.”

“Today’s announcement builds on TransProcure’s efforts to expand its global procurement services and business process outsourcing capacity, and will leverage the PROACTIS suite of software solutions to deliver sustainable, long-term advantages for our clients in ASEAN,” says Charlie Villasenor, Chairman of the Board of TransProcure and concurrently also of PASIA. “This partnership will benefit clients by pairing TransProcure’s procurement best practice and expertise with PROACTIS’ world-class Strategic Sourcing, Purchase-to-Pay and Supplier Network capabilities.”

Denis Nixon, Executive Vice President, TransProcure added: “Our customers, ranging across manufacturing, consumer, retail, health, services, logistics, and utility centric industry sectors, are very enthusiastic about this news. The partnership combines best practice and expert services delivered locally in ASEAN with access to a leading-edge cloud software platform to deliver a unique end-to-end procurement capability: from strategy and planning, talent management, pre-implementation, cloud-based software solutions, data migration, integration, software implementation, training, long term support, to; a complete range of BPO solutions. Most importantly, new clients will experience the PROACTIS and TransProcure commitment; ensuring customers achieve sustainable bottom-line improvement and business success.”

- ENDS -

About PROACTIS

PROACTIS is a global Spend Control and eProcurement solution provider. Over 500 organisations across 90 countries use PROACTIS software and services to transform their procurement, purchase-to-pay and accounts payable processes to deliver greater bottom-line value.

View source version on businesswire.com:

PROACTIS
Simon Dadswell
[phone]
[e-mail]

[bluerunner] 22/10/2015 11:24

Some hefty trades have just gone through at 125.

[eagle eye] 20/10/2015 20:12

oregano, Thanks for your informative post.

[p1nkfish] 20/10/2015 13:15

Sykes is decent. Avacta lost a good one.

[oregano] 20/10/2015 12:28

I thought they were good.

They made it clear they would carry on growing organically in the 10-15% range. M&A will not be as cheap as previous deals, but there is a big pipeline. Getting their customers supply chain on their systems is where the real upside is. This has been built out, so "just" need the customers to sign up. Screwfix should provide evidence of this.

I think the shares are well underwritten, the upside comes if the supply chain stuff works in which case it will multi bag.

M&A will require equity issuance. IMO they will sell this in the not too distant future.

I am a very happy holder. The FD is impressive.

[p1nkfish] 20/10/2015 11:35

I'm away and jet-lagged big time. Looking in, how did it go?

[davidosh] 19/10/2015 13:53

Just a reminder that Proactis are coming to present at my Mello event tonight in Beckenham and you are all welcome mellomeeting.co.uk

[p1nkfish] 17/10/2015 00:19

pc, have been in here for quite a while, before ISIS moved out in a hissy fit.
Bet they are kicking themselves.

Management know their market very well and the move to SaaS was critical as was proper cloud adoption and that encouraged me to join and then add a few times.

Good luck with everything.

[pinkcopernicus] 16/10/2015 22:34

pinkfish, i told you I liked PHD...
Great little company IMO.
See you at the next one.
GL

[p1nkfish] 16/10/2015 16:34

will be in the US next week or 2 else would gladly make the trek to listen and speak to management.

[oregano] 16/10/2015 15:57

that is the highest volume for 2.5 years.

[oregano] 16/10/2015 15:56

4.6m shares traded, chugging through the Henderson overhang at some pace. The Roadshow is clearly impressing institutions. Well played team.

[davidosh] 16/10/2015 14:45

If any of you would like to meet the management and hear the story behind the results then do come and join me on Monday evening at SeaSalt. Just email me so that I can book you in. We have 42 already.

mellomeeting.co.uk

[bakunin] 16/10/2015 11:33

p1nkfish
I was going to say something similar.
There is no reason why PHD couldn't evolve like IOM and GBG and even surpass them given that PHD's solutions are horizontal software offerings.
As you point out, they are in great shape right now, especially regarding recurring revenue.

[p1nkfish] 16/10/2015 11:22

£1.50 will look ridiculous 2 years from now if they execute properly. The target looks forward looking because the share price is behind it not becasue it represents the true potential.

They can expand geographies at little incremental cost, cross-sell, monetise the market place with Inspired Capital offering etc. UK is far from saturated alone so imagine the open field for the rest of the world especially if UK PLC wants to source more from abroad.

There are the developments with the Third Fifth Bank that could be used elsewhere in the NA banking sector.

All to play for and they have Sykes full-time now. A good man and the right one to help steer the financials.

[qs99] 16/10/2015 11:04

Wasn't £1.50 the target price from the broker?

[bakunin] 16/10/2015 10:53

Obviously proved itself as a Peter Lynch fast-grower by now.
As the recomendations pile up and the equity amasses value, PHD has the chance to become a serious software outfit.
Will management take the easy route, though, and sell out to one of the bigger boys?

[bluerunner] 16/10/2015 10:31

The paper edition of IC is out today which explains (probably) today's additional hike. It was covered online earlier in the week.

[eagle eye] 16/10/2015 10:19

Good breakout this morning +10p to 112-113p, plus an all-time high.
MM operating hand to mouth. Hopefully the Henderson supply tap is turned off :-)

[qs99] 16/10/2015 10:15

off to the races now IMO

[eagle eye] 15/10/2015 17:04

paulypilot, Thanks for your informative post. I've been here a while and don't intend going too far. The AIM market is often considered the 'wild west' for investment risk, but there are some undiscovered gems if investors are prepared do some homework.

[hydrus] 14/10/2015 20:00

Agreed, certainly worth seeing how things play out over the next couple of years.