Proactis Share Discussion Threads

[p1nkfish] 15/6/2015 16:13

INSC approached for take-over today.
Would like to see the same to PHD to shake them up.

[p1nkfish] 11/6/2015 09:44

union4 moving into US educational market, looks like a possible playground for phd too.

[apad] 26/5/2015 09:49

Another stray thought.

I do a lot of engineering training with major companies and they are always chopping and changing their systems - drives us bannanas. Lots of different software providers it seems.
apad

This is the latest missive:

Dear SABIC Business partner,

As announced earlier, we are in the course of upgrading our Enterprise Software system. We have been carefully preparing a go live on June 1st and are endeavouring to ensure it is as smooth as possible.

This system will enable our global operating model, bringing all businesses onto one single platform underpinned by standard processes. This change involves all our functions, including procurement and accounts payable. Our sites in Geleen-Sittard, Teesside, Gelsenkirchen and Genk will be the first European locations to start working on this new platform.

The main changes you will notice are summarized below:
You will receive new Purchase Orders for Framework orders (‘year orders’)
All new Purchase Orders will have a new number range which needs to be referred to on your invoices
New materials will get a new number range and their descriptions will be generated according to global standards
Contract numbers will get a new number range
We will increase automation for communicating Requests for Quotation, Purchase Orders and invoicing via the upgraded supplier portal.

From now until June 1st you will not receive Purchase Orders except urgent purchases via our emergency procedure. We will keep you informed throughout the process and are happy to answer all your questions through your usual SABIC contact.

Cees Govers
European Procurement Director

[apad] 25/5/2015 18:32

p1nk…,

Simon Thompson tip is Inspired :-)
www.investorschronicle.co.uk/2015/02/05/tips-and-ideas/our-portfolios/bargain-portfolio/bargain-shares-Uh9Bwr9Iwcz2dlZgtM4avN/article.html

Looks like it is flying on a debt and a promise to me - Brian was in post for just over a year.

The agreement wasn't long in place so maybe there won't be too much fallout, but it must have put a bob or two in advisor's pockets.

Well spotted.
apad

[apad] 25/5/2015 18:12

Just spent some time looking at the website:
Staff profiles look good, plenty of solid, relevant experience.
Only one vacancy (lots of international travel :-)
Clearly aimed at customers (some websites seem to be addressed mostly to investors).
Refreshing free from jargon and remarkably comprehensive.
Glassdoor comments are good, but there aren't a lot.
apad
ps
I have a small holding and am considering increasing. My main concern is that it doesn't have a 'moat' - still Tungsten has some monies now, so perhaps it'll want to buy a grounded company!

[p1nkfish] 20/5/2015 08:32

He has a good background. Useful.

[p1nkfish] 20/5/2015 08:31

This man sounds up for the job and ready to go.
He'll need some options at a sensibly low enough price ;-)
Look to see traction in 6 months - all to play for in the US and upside can be immediate now the infrastructure is largely in place.

Always takes a little time but looking like light blue touch paper for the next 2-3 years from where I sit.

[p1nkfish] 18/5/2015 08:48

wondering if some of the sell-off (small as it was) due to ceo and chairman of inspired both resigning with immediate effect and cfo recently gone.

what state is that agreement in?

[paulypilot] 18/5/2015 00:38

I would say the 2 * 10k at 90p reported Director buys were a reporting mistake, so expect a correction. I bought 10k shares on the same day for far less, something like 75p, maybe even less, can't remember exactly as all my contract notes for about the last three months are in a huge heap by the front door, still in the envelopes lol!

PP.

[gargleblaster] 18/5/2015 00:06

Cryptic one pinky!!

[p1nkfish] 16/5/2015 10:17

The 90p was obvioulsy a message. Similar to some DEMG director purchases in the recent past.

There is one other worth a look in this eco-system. Pretty obvious who it is to avid followers of PHD. Slowing building a position with them too so anyone else who knows who they are please avod buying for a while longer.

[oregano] 15/5/2015 08:53

Surely it is impossible for the directors to have paid 90p for shares yesterday!

I assume we will see a correction. Maybe 80p was the number.

Still, good they are buying, when they have been exercising and keeping cheap options recently.

i have it on a 7% fcf yield and 7x EBITDA and growing, so it is cheap on financial metrics.

[eclair] 14/5/2015 16:50

Nice 35k buy late on to offset some of the earlier selling.

[wjccghcc] 14/5/2015 14:47

Bought some back at 71.2p.

[foxman14] 14/5/2015 13:31

Neither can I, so after waiting patiently for a good entry price; there you have it!

[eclair] 14/5/2015 11:13

I can't see any reason for today's fall, so I've taken the opportunity to top up.

[p1nkfish] 08/5/2015 18:55

Par for tbe course. Not one fo trade in and out of. Little heard of Intesource and Intelligent Capture but fully expecting to see them pulled together in a suite of offerings for paperless bpo in sourcing with marketplace and finance with INSC.

Growth will be hard to miss.

[gargleblaster] 08/5/2015 08:59

Let's hope so pinky - not too happy with the recent downward drift!!

[p1nkfish] 08/5/2015 07:03

buy on a 2-3 yr hold under the tories.

this has substantial potential, as has been the case for a while, but now the gov will be more on side in the need to increase efficiency.

[gargleblaster] 20/4/2015 15:17

Ouch - bit of a bottom-smack today!

[p1nkfish] 31/3/2015 23:05

115p target?
Too low.

[m.t.glass] 31/3/2015 22:28

16:48 Tuesday 31 March 2015


Software firm Proactis is on the hunt for acquisitions and said it has a number of “potentially attractive opportunities” in the pipeline.

In half year results, the Wetherby-based firm said the group’s core business is performing well while the three recent acquisitions it made last year are bolstering growth.

Proactis said mergers and acquisitions will be a core element of future growth.

Rod Jones, P​roactis’ CEO, ​said:​ “We have access to good bank debt.

“We would probably have to do a fundraise if we bought anything chunky.

“We looked at five acquisitions last year. We did three – the other two were silly valua- tions.

“It doesn’t make sense for us to do sub £1m.

“It will probably be £3m to £7m or £8m to make it worthwhile. I’m looking at two or three at the moment.

“I don’t know if we’ll go ahead.”

He was speaking as the group reported a 155 per cent increase in adjusted earnings to £2.3m in the six months to January 31 and a 110 per cent rise in revenue to £8.4m.

The group said it signed deals with 20 new names including BT, The Crown Estate, insurance firm Simplyhealth and law firm Irwin Mitchell.

“Why are we winning clients? Because we’re the best. We’re solid and reliable and innovative,” said Mr Jones.

Analyst Andrew Darley at FinnCap said: “Not only have the three 2014 acquisitions delivered growth from current business lines, but they also open up the opportunity for development of the electronic trading platform and accelerated payment facility, with revenue generation opportunities.

“With very strong visibility from a contracted multi-year order book of £15.5m, and integration of the acquisitions now complete, we look forward to further strong execution.”

[gargleblaster] 31/3/2015 12:59

finncap reiterates price target of 115p