Proactis Share Discussion Threads

[97peter] 19/5/2020 11:19

Morning I just bought a sneaky 11,111 shares just to take my holding to a round figure of 600,000 shares, but the MM's are playing again, showing as a sell and keeping price down for some 3% plus holder to buy cheaply. Plus I could not buy more than 15,000 at 35.6p. Strange day and week this is starting out to be. Things are picking up in the US and EU and I even see retail and flights getting back quicker with some restrictions, as if we don't get global travel back for business and more for leisure, then tourism, be it London or Spain/Portugal will fold, how ill people fly to their apartments and condo's in the EU and US etc. Plus we will lose millions of people to unemployment benefit from the airports and supporting industries like Hotels and food/service industry needs the UK to toughen up and live with the virus with masks, physical distance awareness and start living. The over 60's know they are at risk as well as people with underlying conditions, but we need to start doing business again soon!!!!

[p1nkfish] 18/5/2020 22:08

Give it 2-3 years. Not overnight. Probably a few price spikes on the way then fall back into consolidation just as it is now. 35p being someones buy zone currently.

[97peter] 18/5/2020 19:05

Yep. We now just need some big sales and promotion news from Proactis sales Director, plus Tim Sykes to announce more partnership deals with leading councils and health authorities across U.K. and EU, US, then PHD can be in the top 3 and re ensue and dividends will be back on the cards. Just need to stay patient and calm for a few more months, but also see a steady 2p a week share price rise?

[cureboy] 18/5/2020 18:46

With the amount you must hold at 34p chances are you’ll make very nice returns indeed over the next couple of years. Directors were confident enough to buy in at 34p recently. Lombard average isn’t much lower, possibly 29-31p. Other ii’s Probably around mid 30 mark. Good entry point.

[97peter] 18/5/2020 16:58

Yep, had a good win and prices up on GAN/BAE/SMDS, so bought more PHD to get my average down to 34p. Will buy more if it drops this week anything below 34p, but can see a steady rise of 2p a week until July, then TU, I then see it flying above 75p, just not sure who the buyers or bidders may be to buy this out on the cheap, if Potts and Lombard allow it?

[cureboy] 18/5/2020 15:49

You must have a large holding here then Peter, fair play. Averaging up or down with your latest 75k?

[97peter] 18/5/2020 15:25

A few sellers today, taking a few of the smaller PI's taking a profit maybe?
I have just got a few extra 75,712 shares to be awkward at 35.5p a steal really, just had a few wins on GAN and BAE so thought why not?
Hope we get some news and TU soon on how Bepayd is doing and how PERFECT is doing in the USA?
Happy days!!

[p1nkfish] 18/5/2020 14:46

People not selling?
Strange.
Wonder why.

[cureboy] 18/5/2020 13:32

I guess if you were being cynical you could say it was orchestrated haha.

[coldspring] 18/5/2020 12:57

Looks like the controller read your message cureboy. 50k sell!

[cureboy] 18/5/2020 11:14

Tightly held stock, might be stuck here until further news. Certainly don’t see many selling at this level.

[p1nkfish] 18/5/2020 00:06

I have found this to be true, via Vivek Mashrani.

"Earnings Growth + PE Re-rating = Multi-Bagger

Key factors for Earnings Growth:
(a) Sales Growth
(b) Operating Leverage
(c) Margin Expansion
(d) Debt Reduction

The fastest multi-bagger returns come during the combination of all the above factors."

I believe PHD can achieve a)-d). A moat is needed too. I think they can develop one with the Network if it makes life easy enough along with services like bePayd with a chance to offer returns in excess of bank deposits to the purchasing organisation.

[kirk 6] 15/5/2020 21:24

Cure to could sell 250000 shares online all day above 35. Next week should be interesting

[kirk 6] 15/5/2020 21:23

This sounds very interesting Promises to be a great event - #procurementleaders #financetransformation #financeleaders #procurementtransformation

[97peter] 15/5/2020 19:01

Patience this will rise over 40p next week, then we will have to see how the MM’s and other interested parties take it past the next sticking point at 52p. Have a great weekend all and things are looking up!!

[cureboy] 15/5/2020 10:44

Thanks. Can’t read much into yesterday’s published trades then as surely if it were all sells at 35p we wouldn’t be where we are today? Plus Kirk saw the buy order of 500k in tuesdays auction, interesting.

[p1nkfish] 15/5/2020 08:51

Cure, the roll and theory

They use every tool they have to get supply and demand to meet at a price acceptable to all involved. I dont know what all those tools are but in the past I have had phone calls via my broker asking if I want to sell stock so no doubt people talk. It was after I had sold a few of another company and someone wanted to buy in volume.

[p1nkfish] 15/5/2020 08:21

SEC changes to occur 21st May.

15 May 2020

Further to the announcement of 27 March 2020, the Board of Strategic Equity Capital plc (the "Company") is pleased to announce that it has entered into an investment management agreement with Gresham House Asset Management Limited (“GHAM”) as the Company's new investment manager and alternative investment fund manager (“AIFM”).  The appointment will be effective from 21 May 2020, at which point GVQ Investment Management’s appointment will cease.  The Company’s current portfolio managers, Jeff Harris and Adam Khanbhai, will become employees of the Gresham House plc group (“Gresham House”) on this date.

It remains the intention that Aberdeen Standard Gresham House Investment Management Limited ("Aberdeen Standard Gresham House"), the proposed joint venture between Gresham House and Aberdeen Standard Investments (acting through Aberdeen Asset Management PLC) (“ASI”), will assume the roles of investment manager and alternative investment fund manager once in receipt of regulatory approval and satisfaction of other conditions.  Until then, GHAM will enter into a distribution and marketing agreement with the ASI Group to assist with the marketing and promotion of the Company.  

Further to the announcement of the key terms of the investment management agreement in the announcement of 27 March 2020 and in light of the fact that Jeff Harris and Adam Khanbhai will continue to be the Company’s portfolio managers, the Board is pleased to announce that the existing high watermark for the performance fee will be retained (rather than reset) and that there will be no change to the performance fee calculation period.

[cureboy] 14/5/2020 20:45

Someone please explain to a relative newbie how the price can be dragged down like that (presumably) to fill the 500k order? How is it legal etc?

[lewis winthorpe] 14/5/2020 17:41

In the main it was market forces today with a smattering of 500k buy order at 35p. Next leg up tomorrow.

[coldspring] 14/5/2020 17:38

Huge volume afternoon following a very quiet start. Zero warning either, MMs dropped her 2p on a 50k sale. Manipulate for mates rates??

[kirk 6] 14/5/2020 16:03

Looks about to surge again. Market makers offering huge amounts and only buy 10k.

[coldspring] 14/5/2020 15:05

Was about to say the very same.

[p1nkfish] 14/5/2020 14:55

No idea but removing weaker holders that are unconvinced.

The video yesterday at 1min 25sec approx was very interesting. Networking.

[cureboy] 14/5/2020 14:55

Kirk reported a 500k buy order @35p placed in auction Tuesday evening. Looks like it’s being filled.