Proactis Share Discussion Threads

[aladin1033] 02/7/2019 10:34

Rns out boooom knew lombard were increasing

[p1nkfish] 02/7/2019 10:33

Debt is the problem.
A millstone that needs to be addressed.

Lombard buys are interesting but possibly not for the reasons most of us think.

Trying to get my head around an idea.

[aladin1033] 02/7/2019 09:51

Lets not forget only 95m ahares and only 30% in circulation 70% is in sticky it wont take much to see this move 50-100%

[aladin1033] 02/7/2019 09:37

This is going to 50p plus in a very short time!lombard know hence buying

[dave4545] 02/7/2019 09:34

NT to buy so bounce to unchanged is on the cards

[onjohn] 02/7/2019 09:27

im going to bang into it and buy a heap on next tick up

[aladin1033] 02/7/2019 09:25

should get holdings confirmation of Lombard increase - they will have circa 17% ....... make your own conclusions

[aladin1033] 02/7/2019 09:24

It was £1.20 months ago rhats how much the msrkets valued it nothing has changed much dividends cancelled ok profits more or less the same an increase in net debr due to an acquisition does this warrant a 75% drop no ! Anyway lonbard have been loadibd up so clearly they see value

[aladin1033] 02/7/2019 09:22

Well £10m of that or theresbouts is due to the acquisition which has increased revenue and profits, they are suspending dividend pAyments and the companys profits increased 200% in 1 year its a hot sector and they are one of the leading co's in tgis sector at £33mc its cheap imo

[mister md] 02/7/2019 09:19

6 months ended 6 months ended Year ended
31 January 31 January 2018 31 July 2018
2019
Reported (1) Adjusted Reported (1) Adjusted Reported (1) Adjusted
Earnings before
interest,
tax, depreciation GBP6.8m GBP8.0m GBP7.5m GBP8.4m GBP13.6m GBP17.3m
and
amortisation ('EBITDA')(1)
Operating profit GBP1.2m GBP4.7m GBP2.9m GBP6.2m GBP4.9m GBP13.1m
Profit before tax GBP0.4m GBP4.0m GBP2.5m GBP5.7m GBP3.7m GBP12.0m
Profit after tax GBP0.2m GBP4.2m GBP2.6m GBP5.8m GBP5.4m GBP9.9m



Compared to profit after tax I'd say net debt of 40m is pretty high

[aladin1033] 02/7/2019 09:14

Financial performance

§ Reported revenue increased 5% to £27.7m (31 January 2018: £26.4m)

§ Reported revenue (excluding the benefit of acquisitions) was £24.9m (31 January 2018: £26.4m)

§ Adjusted EBITDA decreased to £8.0m (31 January 2018: £8.4m)

§ Adjusted EBITDA (excluding the benefit of acquisitions) was £7.2m (31 January 2018: £8.4m)

§ Adjusted EPS decreased to 3.5p (31 January 2018: 5.4p)

[aladin1033] 02/7/2019 09:12

Ape man you are clearly making things up read the rns's

[aladin1033] 02/7/2019 09:11

net debt increased from
30 to 40 largely due to the acquisition this is cheap

[aladin1033] 02/7/2019 09:11

Wrong net debt £40m profits £8m per 6 months £16m per annum
This is very cheap

[return_of_the_apeman] 02/7/2019 09:04

Could take a while to repay debt, are the figures below correct?

Mcap 32m
Debt 80m
Last year profit 3.75m

[bearhug2] 02/7/2019 01:29

Kirk Glad you found what I was on about!..I don't think they will RNS it..they don't seem to do this, and as they have already posted it on the website I doubt they will..I expect a TR1 fromm Lombard tomorrow lunch (Normal time for them). Lets just see whats unfolding the business review is due next month however I would still like too know where the hell these shares are coming from(As has been said b4)..We are trading more freely but not clear yet..GL all

[aladin1033] 01/7/2019 23:58

Lets smash 40p tomorrow folks

[aladin1033] 01/7/2019 22:06

What news! We just need a tr1 not much news although i would love news but 60p doesnt need great news as its already undervalued seller done now insti's buying so we could well see 40p tomorrow and 60p this week or in 2 weeks

[onjohn] 01/7/2019 22:03

60p if news comes

[aladin1033] 01/7/2019 22:01

Now it was 120p pre trading update in Feb 2019 whats changed? Profits more or less the same, net debt increased by £10m but this was largely due to the acquisition, dividend payments will be stopped to reduce debt, does this warrant a 75% drop from 120p? No. Even if we apply a 50% discount which is harsh thats 60p!!! Could see 40p tomorrow but when we get those tr1's then expect to see 60 fairly wuickly 60p minimum in 2 wekekd or less this is very very cheap and unlike most aim companies its making very good profits £15-16m per year MC is what £34m? Crazyyyyyyyy

[aladin1033] 01/7/2019 21:56

#PHD this is a solid business- one of the biggest in the world for their sector and making money with EBITDA AROUND 3 TIMES. only down here coz it didn't grow in same way as it did in its biggest GROWTH year - revenues growing. easy takeout target as previously highlighted

[kirk 6] 01/7/2019 21:39

If the stakebuilding carries on for another 1 month this could be back over £1 with the free float to tradable shares ratio diminishes