Proactis Share Discussion Threads

[p1nkfish] 14/1/2014 12:12

Having Henderson will help stabilise the situation.

They have a good niche that is hard to displace, good cashflow, dividend, growing market etc.

If Totalprocure can get that platform rocking then this will move up convincingly still higher.

I was luck here and in at mod-low 20's so the yield is also welcome.

Asia Pac and US could also start to contribute.

[the_doctor] 14/1/2014 09:30

I'm surprised to see how this has risen recently

In terms of today's acquisition, makes a lot of sense
PHD simply wasnt growing revenues fast enough vs cost growth
result being that earnings were growing too slowly

Merging in one way or another brings synergies that will help earnings grow more

[hastings] 14/1/2014 09:03

Looks like a decent acquisition, comment may be of interest to others.

[p1nkfish] 13/11/2013 12:02

Expect there could be a fall back towards 28p but the trend is now firmly up over time. Divi next in Jan.

[p1nkfish] 13/11/2013 10:30

EXCELLENT news.

Good long term shareholder that recognise future value.

Truly excellent news.

I own a fair few of these and I couldn't wish for a better large shareholder than Henderson outside of a bidder at 50p.

the_spivs, ISIS have made mistakes. This price is good for all and Henderson KNOW they will get a good pay back in divis and future value growth.

This is a good entry to the Indian market too and the business is becoming more predictable, less risky and growing.

EXCELLENT.

[eclair] 13/11/2013 10:22

So there we have it - Henderson now hold 27% of the company - they must be optimistic about the future to have taken that sort of stake.

[teh_spivs] 13/11/2013 10:11

Isis did very well to have got that price I'd say
After seeing the RNSs, I expected them to have got more like 15p

They should have put this company up for sale way back when the share price was 45p
The management said large holders wouldnt sell at those sort of prices, but clearly Isis has done

The last results were better than I thought they might be though, so Phd is sort of still on track...

[eclair] 13/11/2013 09:15

Thanks saffy. So ISIS have sold their entire holding. We should get another RNS to see who picked them up.

[safman] 13/11/2013 08:50

There is now.. the stake had been picked up with ISIS selling down ...

see Rns today..

saffy..

[eclair] 13/11/2013 08:27

If you look at the trades for Monday, there were 2 for 8,300,000 each at 36.5p when the offer was 31p. The share price then went up to reflect this. There are approx 31m shares in issue, so these 2 trades are just over 50%.

Not sure what to make of it - there's been no RNS to indicate a change in major shareholdings.

[p1nkfish] 12/11/2013 17:37

This sort of thing is happening quite often now and probably accounts for the surge up in price.

Released very recently.

hxxp://www.proactis.com/newsevents/news-archive/2013/november-/case-study-police-authority-achieves-policy-compliance--essential-financial-controls-with-proactis.aspx

[p1nkfish] 12/11/2013 17:34

Not sure but I think there was an overhang of stock that is now cleared. The company is in a good space, profitable, growing and has started it's own type of market out of the Indian venture. At least that's what I think is happening.

DYOR and Good Luck.

[guy martin] 12/11/2013 17:17

Can anyone explain the rise in price over the last two days?

[p1nkfish] 03/11/2013 20:36

I'm really pleased to see the news on PTP developing with the strategic customer win and the G-Cloud for the UK. All coming together now and the pay out in January.

[eclair] 10/10/2013 18:42

Here's hoping that some of the leftover Royal Mail ISA money finds its way here. With an upcoming Jan dividend of nearly 4%, it may be an attractive alternative for someone.

[p1nkfish] 03/10/2013 08:21

Results are promising and it looks like a stable business now in place. It's the first time I've seen the Mittal family network mentioned.

[mathewawood] 02/10/2013 09:36

Hi eclair - Yep. Solid results and a upbeat outlook (mind you aren't they always). But to be fair, revenue does look on the up and with their high margins, profits should go shooting up over the next couple of years.

I was worried about the admin expenses going up 10%+ year after year so the comment from the CEO "The Group has made substantial cost reductions during the year that will only take effect during the new financial year and, consequently, the run rate of profitability is currently much higher now." That's going to drive EPS up strongly.

Certainly not selling but the bid price is 27p (P/E 24) is bit high for me. So I'll hold on to my too small a holding. I'll tip it up for my Dad though. He loves 4% divi shares with good growth prospects.

[eclair] 02/10/2013 08:17

Solid set of figures. Nice to see the dividend increased to 1p, giving a yield of almost 4%.

[mathewawood] 20/9/2013 11:26

My uncle never used the DEMG product he's (retired now). It was his response to me asking the question "Had he heard of it" if so "Was it any good" and "Will it be taken up by the NHS". All his responses were pretty positive surprisingly, considering how grumpy and cynical he is generally.

[eclair] 20/9/2013 10:33

Both DEMG and PHD have already been long long holds for me! Regarding DEMG, 'best of a bad bunch' is the conclusion I have reached. One point that never seems to get clarified is who actually makes the decision to use ODM (or other products) - is it the surgeon or the anaesthetist, or with the potential CQUIN penalties, is now in the hands of those controlling the budgets? Thanks in advance if your uncle offered any views on this.

Back to PHD. Results due week after next. Hope there is some good news from India.

[mathewawood] 20/9/2013 08:53

PS. Just had a look at your posts and I'm into DEMG as well. I bought it on the back of my uncle a surgeon who told me all about it. Basically told me that it was definitely the best of a bad bunch and that in his opinion given time it would eventually replace the conventional monitors. A long long hold for me.

[mathewawood] 20/9/2013 08:42

I had got 5.3K total at 23p and 23.5p. Not interested in the 25p now being offered. My reasons are pretty much summed up here hxxp://www.privatepunter.co.uk/Behind-the-Scene/proactis-at-22p-18-august-2013

But also, I happen to know that the Indian Govt are heavily pushing this type of procurement software that PHD specialize in as a way to get to grips with corruption within their departments. So I believe the mkt isn't factoring in how big this move into India could be.

Everything has a price though and unless it comes back down to 23-24p I'm not interested. By the way eclair this was a genuine clumsy trade done during mkt opening times. Has to be a novice with a tip.

[eclair] 19/9/2013 20:23

Well, I was wondering what caused the rise in share price and its clearly this delayed trade. I can't recall the last time I saw a trade of this size, there's usually so little activity.

If you don't mind my asking, how much of your £15k have you acquired so far and what draws you to Proactis - it doesn't have many supporters at the moment?

[mathewawood] 19/9/2013 19:33

I've been trying to drip buy a £15K holding in this one at 23p for a month now. Then along comes some blundering novice and buys £16K all in one go at 27p. 25% over the mkt rate!