Proxama Share Discussion Threads

[cautoussid] 16/2/2017 14:05

vinceelliot , for me today has been good to look at rns and to read up on Kelvin as well as personly feeling happier to see how soon taking part in podcast

[cautoussid] 16/2/2017 14:01

some nice buying today , volume of trades around 25 million at this time today

[cautoussid] 16/2/2017 13:39

when i read the rns on kelvin this morning was pleased ,then when heard podcast was more pleased to hear Kelvin discussions on DPD

[cautoussid] 16/2/2017 13:34

like the news in todays podcast ,23minutes , that Kelvin focusing on selling dpd

[vinceelliott] 16/2/2017 13:21

Post a few days back suggested that we attend the General Meeting and vote against the main motion. Unfortunately, that is just killing the company as it cannot raise the funds to deal with the penalty clause.

This must be one of the worst financial deals seen for some time.
A fee of £80,000 plus expenses was paid to Darwin; in the early days Darwin did not take fees but 'lived' on the profits from the EFFs.

A massive amount of shares have been issued to Darwin as a result of this transaction and the processes adopted by Darwin.

The BoD need to assess where they went wrong and come back to shareholders and admit where they went wrong. Some good technical people but disasterous financial managers. Hope the do better selling the Payments Division.

So, do we need this next batch of shares to be issued and further watering down current investments?
If Payments division sale is imminent, then use the remaining funds from the Loan to pay off the loan. Expensive, yes; but it might be the lesser of the evils.

Get the BoD to sell/trade their shares back to the company and hold them in Treasury. BoD will not like this, but they got it wrong!

Alternatively, they could trade their shares for 'B' shares, with the 'B' shares being redeemable (returned to them) once the share price returns to xx% of the share price the day before they signed the agreement with Darwin (xx being a number greater than 80) . If the company is going to grow then this 'buyback / transfer' will reflect their confidence in the company, and it would not cost the BoD any money, but it would save significant dilution.
The shares traded for B shares would be held in Treasury until Darwin launch their next offloading of Loan contracts.

Perhaps the above is a bit disjointed, but you should get the idea.

[cautoussid] 16/2/2017 12:58

23 minutes in dpd sale discussed (not 36 minutes )

[cautoussid] 16/2/2017 12:50

36 MINUTES IN DPD SALE DISCUSSED

[cautoussid] 16/2/2017 12:49

audioBoom / The Vox Markets Podcast with Justin Waite

Welcome to the The Vox Markets Podcast with Justin Waite. A new episode is .... Nic's 3 Charts in 3 Minutes Today Are: #BOOM #EVRH #PROX · The Vox ...

[cautoussid] 16/2/2017 11:04

another nice chunky buy at slightly higher share price

[cautoussid] 16/2/2017 10:39

while some sells today ,has been good to see the number of share buys this morning

[cautoussid] 16/2/2017 10:38

or which time podcast covering prox can be viewed
good to see new chairman on podcast so soon and my hope is that investors may see more updates

[cautoussid] 16/2/2017 10:31

vox podcast does any one have any good links where can be watched

[will02p] 16/2/2017 10:07

I sense another large sell being worked...hope I am wrong...

[hazl] 16/2/2017 09:56

easy to untick nest

[nestoframpers] 16/2/2017 09:55

ticked stig up there when I meant to filter him!

[will02p] 16/2/2017 09:41

You had better dump yours then stiggy....be on thee safe side...I will let my 15mil ride.......lol

[the stigologist] 16/2/2017 09:12

Very dubious wording

"The company aims to complete the disposal of the Digital Payments Division"

'Aims to'

i.e. when/if they fail they can now state well we only said we 'aimed to' not that we would actually complete

suspect even if sold the price is going to be v.low and thus even poxy PROXy are considering pulling the sale rather than complete at an embarrassingly low price

[the stigologist] 16/2/2017 09:10

When was DPD or whatever it's called put up for sale ?

Why hasn't it completed yet ?

If there are only two bidders it isn't much competitive tension if it's taking this long ? Are they really serious bidders or just cheeky competitors having a free peek at their competitors data room?

[the stigologist] 16/2/2017 09:08

Looks more like someone moved aside for failures

Adds more to cost base

Looks like he is employed to do a pumping of the shares prior to a placing

[cautoussid] 16/2/2017 08:38

1,3 and a 1,4 million share buy as well as other buys now come in , like how interest looks like may be building after todays rns

[cautoussid] 16/2/2017 08:35

nice buying starting to get more interesting to watch prox

[cautoussid] 16/2/2017 08:31

VOX PODCAST today

The new Chairman, Kelvin Harrison, will be on the podcast later #PROX

[simon_64] 16/2/2017 08:23

Good news about new appointment I guess sale must be very close now as he has been taken on to grow the other side of the business with the cash from the sale is my guess.