Boxhill Share Discussion Threads

[soft t] 06/10/2017 22:14

time to consolidate this stock 100 to one maybe at least it will look more serious

[adh0] 06/10/2017 16:20

I would not really know, it could be literally anything, but... how long have they been without a CEO now? That is not normal. I wish all holders the best of luck.

[smcl] 06/10/2017 07:41

Adh0- what are your views on potential results? Thanks.

[adh0] 06/10/2017 07:24

Phil Jackson, sorry!

[adh0] 06/10/2017 00:20

I am suprised this share is still trading. If someone described it as a massive interest free overdraft facility for Peter Jackson would that be inaccurate?With some football pitches. And a charity raffle.

[sanilav] 03/10/2017 18:54

Results soon then,!!!!!!!!!!!!!!!

[a2584728] 18/9/2017 10:19

Almost like it's raised to let someone out?

[ianb5004] 15/9/2017 07:47

Johnyee your sums are correct but it is euros not Gbp - makes no difference really as its almost one for one now.

[johnyee 7] 13/9/2017 13:31

They charge 0.5% so on 9 figure sum that's £0.5 million at least if my sums are right.

[imjustdandy] 08/9/2017 21:26

Further to this we have launched a high value transfer service, facilitating transactions in excess of EUR10,000,000 for corporate and individual customers. The service, driven by customer requirements, takes into account the additional care and attention that such low frequency but high value transactions require to complete smoothly. We expect at least one high value transfer per quarter and are currently working on several transactions, including one of a nine figure value and is currently being executed via a novel secure process through the banking system via EmexGo with the final destination being a UK tier 1 high street bank.

[imjustdandy] 08/9/2017 21:19

Extract from 28th July update. "Working on a nine figure transaction". How much is that worth to Box? Further to this we have launched a high value transfer service, facilitating transactions in excess of EUR10,000,000 for corporate and individual customers. The service, driven by customer requirements, takes into account the additional care and attention that such low frequency but high value transactions require to complete smoothly. We expect at least one high value transfer per quarter and are currently working on several transactions, including one of a nine figure value and is currently being executed via a novel secure process through the banking system via EmexGo with the final destination being a UK tier 1 high street bank.

[a2584728] 07/9/2017 10:26

Something has leaked by looks of the buys

[a2584728] 06/9/2017 09:08

There is talk of this been taken private if bidders not forthcoming

[sanilav] 21/8/2017 14:46

Have I missed something,what has sparked the interest today.Nice to see though whatever.

[ianb5004] 30/7/2017 15:09

Phillite d was set up as a trading platform for boxhill and used before they acquired emex. Phil Jackson is teh sole director and he is also regardless of title the main guy at Box. I have soken to Box about the £1.7 m owed and was assured it will be paid and quite soon. Kpmg the new auditors were very keen to see evidence of this before signing off accounts. Phillite doed not profit form the transactions it carried out for boxhill.
If the whole amount was repaid to box they would have cash £818k plus £1.7m which is about equal to current mcap of £2.8m. They do however. Have payables, the balance if they were all paid is +500k.

Good bullish update on friday, 9 figure transactions being processed could be game changer for box. Ibans finally in play from this month.
They have everything in place now with Iban click swift and fully regulated payment processing platforms. Hopefully a good recovery play.

[adh0] 29/7/2017 20:11

Is he the guy who ran MDC? Say no more.

[ntv] 29/7/2017 09:33

this guy runs it
Philip Ian JACKSON
is he the same guy from Emex?
or am i barking up the wrong tree

[ntv] 29/7/2017 09:31

this company owes them a lot of money

PHILLITE D UK LTD
£1.7m in the last accounts
company is registered uk and according companies house the accounts are long overdue

[bad gateway] 28/7/2017 16:13

Not me just looking in.
Agree it was a positive statement, looks to want to close on the days high too.
Must be oversold can it stage a recovery?

[tamtoni] 28/7/2017 16:07

Anyone go to the AGM?

[sanilav] 28/7/2017 09:24

Top of the leader board,what a nice sight,if only temporary.

[biggest bill] 28/7/2017 09:03

This is a rare trading statement which actually sounds like good news. Good luck to everybody still holding the shares.

[a2584728] 28/7/2017 08:10

Bullish indeed

[skinny] 28/7/2017 07:44

Further to the earlier announcement by the Board of Directors of Boxhill (the "Board") regarding the final results for the 12 month period to 31 January 2017; the Group is pleased to give the following trading statement.

Since January 2017 the Group has seen improvement across the Payments Division, both in revenue and technology roll out.

In July 2017 EmexGo started issuing Virtual IBANs meaning that its customers are able to supply their account information in standardised international bank account format, with the customer as the named beneficiary, to receive inward payments. Available in multiple currencies this important improvement makes our services user friendly and therefore more attractive to those wishing to use alternative payment platforms by utilising internationally understood account formats which other providers are unable to do.

Further to this we have launched a high value transfer service, facilitating transactions in excess of €10,000,000 for corporate and individual customers. The service, driven by customer requirements, takes into account the additional care and attention that such low frequency but high value transactions require to complete smoothly. We expect at least one high value transfer per quarter and are currently working on several transactions, including one of a nine figure value and is currently being executed via a novel secure process through the banking system via EmexGo with the final destination being a UK tier 1 high street bank.

The card processing business is making good progress once again with new services including offering merchants Union Pay acceptance as well as Visa and MasterCard services. Our combined offering of card services and Virtual IBANs is being taken up by customers as we can reduce the time for settlement improving cash flow and saving money for our merchants.

Revenue from EmexGo in the first half of the year has already exceeded last year's total (excluding the fees to be earned on the above mentioned high value transactions) and we anticipate the card processing revenues to grow as in previous years and expect to see growth and momentum return to above H12016 levels through the second half of the year. The Company continues to seek a high-calibre chief executive to help it grow into the future.