Proactis Share Discussion Threads

[kirk 6] 29/5/2019 07:24

Will this be a positive exposure globally then? More clients using the software globally ? This is surely and potentially huge then ?

[p1nkfish] 29/5/2019 07:14

I like the approach though and GLOBAL. Message is - De-risked, quick, easy, GLOBAL. I thought it would be UK only.

[buywell2] 29/5/2019 06:44

No mention about how much it is worth is there And GB Group have not RNS'd it ... nothing so I guess it is not worth a deal Might get some punters buying shares though

[kirk 6] 29/5/2019 06:08

PROACTIS Holdings PLC Agreement with GB GroupSource: RNS Non-RegulatoryTIDMPHDPROACTIS Holdings PLC29 May 2019PROACTIS Holdings PLCProactis signs agreement with GBG to support delivery Accelerated Payment FacilityPROACTIS Holdings PLC ("Proactis" or the "Company"), the global spend management and B2B eCommerce solution provider, is pleased to announce that it has signed a supply agreement with GB Group Plc ("GBG"), the identity management specialists, to support the delivery of Proactis' Accelerated Payment Facility ("APF").Proactis will integrate with GBG's identity validation solution, GBG IDscan, to support the digital onboarding of suppliers to the APF, whilst preventing the risk of fraud. Supported by the integration of GBG IDscan, Proactis estimates that supplier set-up will take less than three minutes with subsequent accelerated payment requests taking less than 30 seconds.GBG captures the textual and image information from more than 4,000 global identity documents and deliver automated authentication results, which will support the international roll out of the APF.Anthony Persse, Financial Solutions Director of Proactis, stated: "We are very happy to be working with GBG, marking an important milestone as we continue to build our Accelerated Payment Facility product. This relationship will further enhance our simple and swift onboarding process for suppliers and importantly add another layer of security. We remain committed to investing and developing our core innovative B2B commerce and networking offerings and this is one such example. We are excited by the opportunity and we look forward to further developing our early customer adopter programme."Adam Desmond, Client Director, at GBG, commented: "We are delighted to be working with Proactis and are committed to supporting the delivery of the Accelerated Payment Facility, which is aimed at driving much needed liquidity to SMEs on an international basis."For further information, please contact: Proactis Holdings PLC Tim Sykes, Chief Executive Officer 01937 545070 x1115 [e-mail] finnCap Ltd Stuart Andrews/Carl Holmes/Simon Hicks - Corporate Finance Andrew Burdis/Richard Chambers - ECM 0207 220 0500 Alma PR Rebecca Sanders-Hewett, Hilary Buchanan, Sam 020 3405 0205 Modlin [e-mail] About Proactis:Proactis creates, sells and maintains software and services which enable organisations to streamline, control and monitor all indirect expenditure. Its solutions are used in approximately 1,000 buying organisations around the world from the commercial, public and not-for-profit sectors.Proactis is head quartered in the UK and floated on the AIM market of the London Stock Exchange in June 2006.About Accelerated Payment Facility:Proactis' Accelerated Payment Facility (APF) enables suppliers to get paid sooner for invoices that would otherwise be due for payment at some point in the future.Unlike traditional supplier finance solutions, the APF is completely discretionary, whereby suppliers are pre-approved and can choose which invoices to accelerate for a small discount, with no other fees or charges. It does not impact on the supplier's credit scores or rely on any security being given by the supplier. The APF makes best use of technology to maximise automation, creating simplicity and transparency with swift sign up (estimated to be 3 minutes) and subsequent requests taking just seconds, targeting optimal efficiency and access to funds.For buyers the APF delivers supply chain health, a positive corporate social responsibility message, cash flow harmonisation, cost savings and a potential alternative income stream.About GBG:Through our fundamental belief that the digital economy relies on everyone having access to data they can trust, GBG enables companies and governments to fight fraud and cybercrime, to improve the customer experience and help to protect the more vulnerable people in our society.Headquartered in the UK and with people in 18 countries, GBG has some of the world's biggest organisations as its customers, from established brands like HSBC, Zurich Insurance, LEGO and Lufthansa, to disruptive newcomers such as Stripe and Plus500.Find out more about how we use identity data intelligently at www.gbgplc.com, following us on Twitter @gbgplc and visiting our newsroom: www.gbgplc.com/newsroomThis information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact [e-mail] or visit www.rns.com.ENDNRAAPMBTMBBTTIL(END) Dow Jones NewswiresMay 29, 2019 02:00 ET (06:00 GMT)

[kirk 6] 26/5/2019 10:15

These will start recovering quickly as the stake building maintains and gathers momentum. All the residual holders and institutions are and have bailed now based on risk with new investors taking over. No need to rush into buying causing quick and large recovery just hover the sells up for now and watch these recover over the next 6 months, exactly like UPGS did. All we need no to cement and ignite the uptrend is TW to write and article on his stance of "barge pole" like he did with UPGS at 30p (touched 90 other day).My conservative target here is 90p within the next 6-8 months. That's at-least 200% upside

[buywell3] 26/5/2019 09:04

Debt is not just an albatross for PHD Debt is now a massive Global Problem , with China now IMO in a spot of bother Chinese corporate defaults to April 2019 are 3.4 times the amount last year. hTtps://sbr.com.sg/financial-services/asia/chinese-banks-suffer-heavy-losses-delinquencies-hit-1788b-in-january Corporate debt in China has transitioned from a negligible level of issuance prior to the 2008 crisis to a record issuance to a total of almost $17 trillion, according to BIS data. Recently by the end of 2018 it had reached $19.7 trillion. Now African Swine Fever is ramping up inflation in China JUST when they didn't need another problem to deal with as well as Trump.

[smithie6] 26/5/2019 07:36

indeed & the lack of any bounce says the mkt knows about it 200p was nuts !

[p1nkfish] 25/5/2019 09:37

Debt is the albatross.

[gepetto100] 24/5/2019 14:42

And what this countries MPs have forgotten is they are only there by the grace and favour of the people

[buywell2] 23/5/2019 14:32

buywell does not want in here ... not with the last results Just when U thought it couldn't get any worse .... the USA is now tanking Which means more lolly needs to get thrown at this What was the Tory Party thinking giving that woman such a job ? Promoted WAY beyond her capabilities Crass stupidity on a GRAND scale Now the Tory Grandees reap the whirlwind and serve them right THE people come first ... forget that at your peril

[p1nkfish] 20/5/2019 19:48

Debt level to address and need to prove back on growth trajectory. Until those two look better the only quick buck is by it being acquired, probably at a premium to the average price over previous "x" days imho. In other words a steal if you believe thay can put things right.

[smithie6] 20/5/2019 19:22

well, imho the fact it shows not even a dead cat bounce after the last big fall is a -ve sign. If the mkt was going to rush to nuy it as dirt cheap it wld hzve happened by now...& it hasnt.

[lewis winthorpe] 20/5/2019 15:35

Someone is mopping up the sells and sees value at this level.

[kirk 6] 20/5/2019 08:31

Taken a look at that - what a fall that has had - brexit casualty ?

[cantrememberthis2] 20/5/2019 06:48

Kirk - I'm in big on STAF 60% fall in 1 day due to reduced guidance. Should have fallen to 550p region but overshot as usual due to large seller and shorters. Foot in here (smallish).

[kirk 6] 19/5/2019 13:53

agreed 90p target for me this year (-:Mostly out of upgs now backed massive profits there

[red ninja] 19/5/2019 13:45

P1nkfish The only RNS showing Strategic Equity Capital reducing was this one on 15/3/19 :- https://www.investegate.co.uk/proactis-holdings--phd-/rns/holding-s--in-company/201903151108320409T/ Not sure why ther are not other RNSes. Red

[sunnybeachboy] 19/5/2019 06:48

Kirk 6. I think you are spot.I think this will be like upgs and Luce.

[p1nkfish] 18/5/2019 21:05

Did anyone see a reduction RNS by Strategic Equity Capital? They are no longer > 3% but where is their holding RNS, perhaps held under another name? Below from their Feb 15th half year report. "Proactis recovered well with its full year results demonstrating the virtues of its business. New customer logos (wins) and upsells were healthy evidencing the quality of its proposition and recurring revenue continues to be high at 86% of total sales. Towards the end of the period, a European peer, Basware, received a ‘conditional takeover offer’ at a rumoured valuation of EV/Sales of 4.5x. This represents a c.60% premium to Proactis’ rating (on a similar EV/Sales basis), despite the target having a lower proportion of cloud based revenues and not generating meaningful profit or cash. In our view, this and previous transactions in the space, demonstrate the inherent value in the company." "Top-ups were made to two more recent investments, Ergomed (£1.2m) and Proactis (£0.8m) at what we believe were attractive valuations."

[sunnybeachboy] 18/5/2019 18:27

Anyone know when the next update is here....

[red ninja] 17/5/2019 21:18

Artemis VCT : From April Website statement :- Consolidation looks overdue at Proactis. At the end of the month, management reported on what had been a difficult period for the group, mostly because of the underperformance of the acquisition of Perfect Commerce. The focus is now on paying down debt and stabilising the business. If that can be achieved, the shares will offer significant upside – but it will take time for credibility to be restored.

[knowing] 17/5/2019 15:44

Don't take any notice of Buywell. He just want's in at a lower price

[kirk 6] 17/5/2019 12:22

Yes but the crash has already taken place. Like with UPGS crashing to 30p, this could be 80-90p by year end on some good news following the internal strategy changes. Risk / reward is fantastic here and expecting a leg up to the 40s shortly. In with over 1m now so putting money where mouth/sentiment is.

[lewis winthorpe] 17/5/2019 11:24

Just my opinion but if you want a 5 year investment returning 700% then put your money here.If not then go elsewhere.US review complete, pieces in place, strategy progressing.The green shoots will show as soon as the finals trading update.Good luck all.