Proactis Share Discussion Threads

[kirk 6] 06/10/2019 11:12

Agreed we have definitely formed an upper consideration base at 52p ready for the platform higher. Great potential and exciting times ahead controversially driven by brexit

[p1nkfish] 06/10/2019 10:29

A break upwards stands a very good chance of running and looking at the pennant bottoms (if it is one) buy vs sell gives me the impression it will break upwards.

A bit like a spring imho.

Dyor etc.

[cureboy] 06/10/2019 09:26

A lot of pressure built up here around 50-55p and lots of clear daylight beyond that. A surge upwards is on the cards. Especially with news on the FSP.

[p1nkfish] 06/10/2019 03:13

I'm not a very good chartist but looks like its forming a pennant. If so, questions are:

1) will it break upwards or downwards?
2) when?

Point does look like heading towards 50p +/- 0.5p.
I think we find out before end of Nov, even before end of Oct at current rate of inc/dec.

[kirk 6] 05/10/2019 22:10

And will continue too (-;

[titanblack] 04/10/2019 15:52

...so you keep saying

[kirk 6] 04/10/2019 14:21

Looking good now for takeoff

[kirk 6] 04/10/2019 08:32

Hope 60p broken today

[rumobejo] 04/10/2019 08:25

Feeling good here, that 60p needs to be broken for good this time...

[cureboy] 03/10/2019 18:03

The shares here are so tightly held that the share price goes days and days with little or no fluctuations. The pressure is therefore building, it has to break out soon with or without news on the FSP. The chart suggests the breakout will result in a sharp rise.

[rumobejo] 03/10/2019 17:34

Looking forward to Friday!!!

[cureboy] 03/10/2019 10:49

I doubt the ii’s would entertain anything below £1.20 here.

[ff2345] 03/10/2019 10:30

I would take £1... no problem.

[zeek] 03/10/2019 09:21

Ok fair point on the £1, but I still fail to see how anyone knows about £1 already being tabled and turned down.

[p1nkfish] 03/10/2019 07:09

Once debt under the debt/EBITDA bar watch talk if divi + APF.
1£ is derisory.

[cureboy] 03/10/2019 06:44

Zeek it’s derisory as the sharp drop earlier this year from circa £1.50 to 30p was a massive overreaction. A lot of it was based on suspension of the dividend but also a profit warning that in hindsight was overdone. Look at their revenue and compare it to their competitors and their market caps. Many of us feel this will easily recover to over £1 in its own right so any opening bids should be around the one year high mark to represent true value.

[p1nkfish] 03/10/2019 06:17

Too low given potential 2 years hence.

[zeek] 02/10/2019 22:47

What a load of tosh. I could make up a figure as well if you all feel better for it! Anyway £1 is a 100% premium on today's price so how is it derisory?

[cmackay] 02/10/2019 22:30

All I would ask is what is the source of this refused offer? I haven't seen it mentioned anywhere other than an unverified user's comment.

[p1nkfish] 02/10/2019 21:20

No need to RNS that. A derisory offer, straight in the bin.

[kirk 6] 02/10/2019 18:02

Yes good point do they have to rns that though ?

[ff2345] 02/10/2019 17:56

Can't be true: they would have to RNS a bid.

[kirk 6] 02/10/2019 17:33

Wow that is good news

[coldspring] 02/10/2019 17:31

No one has heard that except the poster. Be good if true but not confirmed