Share Name Share Symbol Market Type Share ISIN Share Description
Proxama LSE:PROX London Ordinary Share GB00B2PKZ581 ORD 0.01P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  +0.00p +0.00% 1.15p 1.10p 1.20p 1.15p 1.15p 1.15p 1,448,549 07:55:18
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Technology Hardware & Equipment 2.5 -6.1 -0.5 - 19.63

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Date Time Title Posts
21/10/201615:26PROX: NFC Mobile Wallets & Marketing4,809
05/9/201613:29Lighter Wallets comming 140
05/9/201612:18 MORE BUYERS5
04/12/200318:14Asset Class Proxies: Trade them in Stock Accts1

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Proxama Daily Update: Proxama is listed in the Technology Hardware & Equipment sector of the London Stock Exchange with ticker PROX. The last closing price for Proxama was 1.15p.
Proxama has a 4 week average price of 1.14p and a 12 week average price of 0.90p.
The 1 year high share price is 1.80p while the 1 year low share price is currently 0.28p.
There are currently 1,707,103,902 shares in issue and the average daily traded volume is 10,176,006 shares. The market capitalisation of Proxama is £19,631,694.87.
bapodra_investments: The market cap should be roughly around x10 of the gross profit. However for tech stocks which have first mover advantage and the market is in the billions then x20 or x30 of gross profit before all costs and taxation can be seen. With 1.2b shares in issue and a current market cap of around £20m seems about right to me however this could easily have a market cap of £30m which would not be totally unrealistic. Therefore the share price would be that much higher. Now if the revenues did not increase or the company was not profitable or profits did not increase then the valuation would soon crash based on a falling share price. Lets see what happens but I am very confident that as long as they can sell the payments division then this is not only a super multi bagger from here but it is going to be an explosive growth stock over the next 2-3 years for sure if not longer.
bapodra_investments: For me this is only the start. Once they announce the sale of the payments division by end of December 2016 then this will automatically re-rate as a result of the cash coming into the business and hitting the bottom line. Then any meaningful contracts obtained will any significant revenues will see this rocket upwards. On top of this Proxama will be takeover material which again will boost the share price. For me, patience is the key here. We have just made the first jump from the bottom and there are many jumps to come. In 12 months time the share price should have multi bagged from current levels. If not then I will be the first to sell.
effiert: give what a rest? FFS First time i have mentioned it. Do you really expect people to believe what you say cpap man. After todays rns the share price is lower then when it started. Also you cannot sell hardly any share online. the cynic in me is saying the a placing is coming judging by the share price action!!
bapodra_investments: Proxama should not have released the RNS so early about the Payments Division Sale as it has led to lost time. I think it may have to disclose it under AIM rules, not sure. However it needs the money from the sale to be able to really invest and grow quickly before the competition cstches up. It has something unique at the moment in first mover advantage in the area of Proximity Marketing using Bluetooth, iBeacons and Eddystone, etc. I really hope the sale is concluded quickly and the funds are received by end of December 2016 otherwise the market may lose confidence and either another placing will come or the share price will lose its recent gains. It also needs a Contract Win RNS soon endorsing the recent Google Certification. I have full faith in Proxama to deliver a profitable business with turnover increasing every year due to the scale of the potential market out there.
cautoussid: nice another move up with ask ,over recent weeks have been buying here and wres and watching to see which of the two shares would move first , while not interested in selling any of my prox until a higher share price , or may sell some to buy more wres before investor presentation there ,how ever for me prox is a long term hold , some others have been happy to sell today , nice for buyers trying to get a better buy in price and for mms who may be running low on prox shares
cautoussid: Och ,my plan is to hold for RNS thats the reason i bought in ,if rns is released and as good as hoped for then may top slice if share price reaches 2p depending on buying pressure , pleased with how this share price currently progressing ,nice to see so many sellers cleared at this level again ,has been good to see so many sellers at different levels and with the number of buyers replacing them to keep share price level today ,hoping if more sellers who happy to sell at this level many of them may soon be cleared hopefully before a move up with share price again ,atb
squiresquire: Look at the chart, it says it all really, but it now shows the steady recovery that PROX is making in a quite spectacular way on the ground. Below you will see the top names and venues they are pulling into their advertising mobile facility. Earlier in the year PROX share price dropped when the results announced no progress with the sale of PROXs Payments Division. they also announced they would need to make a placing to raise £2 million. However they raised the £2 million and announced they had a Letter Of Intent for the Payments Division purchase with a guide price between $10 - $12 million. Last month they made the following statement. -- 2015 was a period of significant change, a new senior management team was appointed and the ongoing fixed costs were significantly reduced creating a leaner base for the business going forward. -- Awareness and popularity of location based marketing is growing helped by the introduction of Google's open beacon format, Eddystone. -- Proximity marketing division launched the first mobile proximity advertising campaigns on 500 beacon enabled London buses generating high responses from consumers. -- New partnerships have meant the Proxama beacon infrastructure network in the UK has grown from 0 at the outset of 2015 to over 50,000 locations today, all under contract -- Digital Payments Division made good progress in 2015 and secured a series of important revenue generating contracts, including a $1m contract to roll out EMV processing services in 2015 with a leading US financial services technology company. -- 2016 trading continues to improve with income year on year growth of more than 50% after 5 months. If you look at the share chart you will see the market is apparently building in new confidence and buying into PROX no doubt because it has positioned itself as a leader in the Proximity Advertising space, with a tiny market cap of still under 10 million pounds. The new contracts have gathered pace as new agreements are being made when other advertisers can see the penetration PROX have made in this mobile opportunity. The £2 million will see them through to end of next year and so they can bargain far harder as they now sell the payments division, the contract of which could be from any time now. I am a holder
liquid millionaire: Been out XMAS shopping but agree with Plunge that for PROX this is just the beginning of the sharp recovery in the PROX share price!
liquid millionaire: I have heard back from a broker who happens to be close to PROX The broker asked me not to put the e-mail on here but basically it states that the broker had a long chat with the chairman of PROX today and that following the recent Aconite acquisition it was decided mutually to go seperate ways. There is no ill feeling actually quite the opposite [hence the recovery in the PROX share price to almost u/c on the day] Todays RNS from PROX was and still is imo a buying opportunity....
liquid millionaire: House Broker Peel Hunt off the offer now so PROX can fly gain. Reckon that the PROX share price will soon go and hit 7.5p+
Proxama share price data is direct from the London Stock Exchange
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