Proactis Share Discussion Threads

[ff2345] 01/10/2019 11:15

11.15
Stream B
Show Me The Money!
Learn about the key actions organisations can take to drive greater income, improved efficiency and higher CSR from their spend, and all at no cost! This session promises to be energetic, full of real life stories & insights and packed with tangible actions to take away.
Anthony Persse, Financial Solutions Director, Proactis, United Kingdom

[fuji99] 01/10/2019 11:10

Interesting tweet from Anthony Persee of PHD at the exchange Summit in Vienna. Are we expecting some news today then ?
---------------------------------

[fuji99] 01/10/2019 10:46

I have a feeling something is brewing behind the scenes. The calm before the storm ?

[ff2345] 01/10/2019 09:11

As time goes by, people are discounting the potential for a takeover. It has gone VERY quiet.

I think the price now reflects the business as a stand alone entity, so any rise in the share price from here will reflect improved prospects for the business. Any we need news for that to happen.

[fuji99] 01/10/2019 08:57

£2 is only around 4 times earning.
With the bit of debt they could offer close to that.
At present market cap lower than its sales, making it cheap.

[pauliewonder] 01/10/2019 08:40

Definitely. Must admit it feels a little like tying up loose ends. Would love to see a nice takeout price and as my entry price is mid 50s, anything three figures would be pleasant although closer to £2ish would value the company appropriately in my view, particularly if we see a pick up in trading. The move to 30p was overdone and if no takeover materialises, we might drop to those levels again, it would be very short term as this is a good quality business.

[kirk 6] 01/10/2019 07:58

Let's hope we can get above 60p today

[fuji99] 01/10/2019 07:26

Exactly kirk 6 - They are slowly and surely ticking all the right boxes. I also think the improvements will show in their next results (end of October) if not taken over by then because they never had a better year than this one (long term German contract etc.). Also the share price is very sensitive to both directions. It took it nothing to come down very quickly all the way from 140p'sh to 30p. the reverse in direction is also true as soon as they they confirm they are progressing well.

[kirk 6] 01/10/2019 07:18

Nice issue price for a few shares and payment sorted

[pauliewonder] 01/10/2019 07:14

Thought we had a FSP update for a minute!! Would be good to get an update

[zeek] 30/9/2019 20:58

Wonder why the large spread? Surely market makers sim is to actually make a market. That spread is not going to generate much business as proved by the low volume today. It usually drifts down and I assume nervous pi,s panic and sell and the mm,s get some more cheap stock.

[cmackay] 30/9/2019 19:56

Dotting the i's and crossing the t's.

[fuji99] 30/9/2019 12:40

Cureboy - They only said in October and agree will positively impact the share price
----------------------------------------
"Accelerated Payment Facility ("APF")
The Board was delighted to secure a specific committed facility provided by HSBC UK of GBP20m during the period to support the delivery of the Group's APF. The APF will enable the Group to fund early payments against approved invoices for suppliers. The Board currently anticipates that the product will be deployed in a live environment with the Group's own suppliers during October 2019 before being offered to a number of early adopters."

[cureboy] 30/9/2019 12:32

APF launch this week? Or was it later in October? Either way we should see a positive impact on the share price as early adopters get on board.

[lewis winthorpe] 30/9/2019 11:33

Everyone is waiting for the first buy of the day, when it comes it's going over 60p on it's way back over a quid

[ff2345] 30/9/2019 11:09

There was a bit of a rush to buy on Friday around lunch time. Why so quiet now?

[knowing] 30/9/2019 11:08

Can we open the spread a little more to entice people to buy.
Thanks

[fuji99] 30/9/2019 10:35

"The Group currently intends to release its Final Results for the financial year ending 31 July 2019 on 31 October 2019, but this date is subject to change in light of any requirements arising from the FSP described above." - So if we get the results before the 31st of October, the FSP is progressing well. A good sign the share price may go over £1.

[p1nkfish] 28/9/2019 17:18

kirk, he has nothing better to do than waste his limited time on earth for no profit potential to himself.

[kirk 6] 28/9/2019 15:43

Why else would you be here if not? Lol

[kirk 6] 28/9/2019 15:42

Yes but everything points to this being cheap because it a stonking bargin now

[p1nkfish] 28/9/2019 13:53

Whatthe, dont be dopey.

Management won't settle for less than they know it's worth.

Approaches are real, FSP in place with books open, unrealistic low offers can go F themselves.

The future is bright now they have recalibrated the market approach in geographies they largely inherited from Perfect and fid it the Perfect way.

Watch.

After the disapointment I expect >=5 qtrs before the market forgives and forgets even if results are good in the interim. I have pencilled in end of summer 2020.

[fuji99] 28/9/2019 12:30

What does not look logical or fair to me is when one compares the 2017/2018 numbers. In 2017 they made a loss of £2.7 million with EPS = -5.7p on turnover of 25.4 million and yet the share price was hoovering within 150p - 200p band. In 2018 they doubled turnover to 52 million with profit of +3.75 million and EPS = +5.3p. In 2019 they acquired a Dutch company and are signing more contracts than before and yet the share price was below 50p for most of the year. I cannot see any market logic behind this especially when we compare to similar size companies. Now we have a company with revenues more than market cap. Thus why I think this is too much undervalued for 2019 if we take into account the additional income they have compared to previous years. IMO the 2019 results alone will adjust its share price to over £1. Then comes the other parameter of the equation: At what share price will it be taken over ?