Proactis Share Discussion Threads

[lewis winthorpe] 19/6/2020 12:37

Does anyone have the buy/sell limits?Would like to add more but it doesn't allow anything currently with a fixed price.

[cureboy] 19/6/2020 09:27

Well it’s not exciting but it is creeping up slowly by .5/1 per day. Strong support at 35p.

[cureboy] 18/6/2020 13:01

I would say DBAY have been buying from ii’s who were under the 3% threshold and had enough of waiting, with a few pi’s in there. It’s tightly held now with a strong 35p support.

[coldspring] 18/6/2020 12:36

Who is selling the stock to dbay at 35p, just pis or could it be that the FSP flushed out anyone over 1% and dbay are hoovering those up? Either way bodes well for the future imho

[p1nkfish] 18/6/2020 10:49

I do not expect a bid soon.

[p1nkfish] 18/6/2020 10:47

Interesting no trades so far today.
No info out of company.
Someone buying at 35p.

Almost as if the company is deliberatly holding back on anything that could generate PI interest. Perhaps they want to sanitise the sharehold register and swap lots of PI's for fewer 3%+ institutions.

What if they called of FSP telling one party they wouldnt sell but the party could make decent £ by taking a stake without full control and get chance to change management at votes at AGM - see changes at last announcement.

Something strange going on. Still expect range bound trading for quite a while but perhaps my 28p target at the low end should be 35p. So, 35p-40p for a long while.

If so, some good news. Often the tighter the trading range and the longer the duration the more explosive to the upside when it happens.

[cureboy] 17/6/2020 19:11

If, as suspected, DBAY bought another 5m yesterday then they’ll be around 13%. Either they’ve had a good look at the company and see the opportunity for medium-long term growth or, more likely, they’re going to push through a bid. Either way pressure on the board to deliver. Languishing around mid-late 30s won’t cut it for the ii’s.

[daveboy1] 17/6/2020 10:32

Cheers. Hopefully progress will occur. Been here 18 months, got at least that and more to go I'd say. Hope they can push on with developments, 40p would do for starters just to show good support. Only trouble I have is I am currently snookered on about half a dozen of these types of stocks. Iliquid, non-divi paying plodders. Even bank interest would have been a better paying option, doh.

[97peter] 17/6/2020 09:35

DBay now at 8.33%, after RNS yesterday!! Onwards and upwards if they can side with two other investors and get to 30%, put in a bid at 75p and take this company to the next level. Rather than wait 2 years for Tim and the BoD to get over a 100p a share and 1p divi in 2022? Let's see how the BoD get some impetus and direction soon??

[97peter] 17/6/2020 09:00

Daveboy - Stick with it and don't let the ups and downs or the shenanigans of the MM's get you down. This will bounce it is just when? It has all the parts to do well, we just need to see some green shoots, some more orders and spread of the SaaS - BePayd working and news of it spread. Plus Perfect in the US to start its delivery of profits and successes and we are certain to be in the 50-70p range if not higher, though a hostile bid and takeover at these low prices by DBay and one or two others in a consortium is definitely a risk and they would probably buy and takeover at between 55-85p. Stay with it!! DYOR and GLA.

[daveboy1] 17/6/2020 08:51

It's the same story on most of my stocks. Up to 20% spreads every day. Bandits. Somehow I'm in here at 60p lol, and 40p seems an ocean away !

[lewis winthorpe] 17/6/2020 08:26

Spread games too. Still wanting your stock at 35p.Another buyer with intent would be interesting.

[lewis winthorpe] 17/6/2020 08:22

Doesn't seem to be much stock around.Not surprised given that DBAY want it all for a pittance.37mill MC is ridiculous. The debt distraction will be resolved v soon and then this will be valued fairly.L.

[cureboy] 16/6/2020 20:00

Medium term 1-2 years. I think they’re in a better position now as a company than they were when it was £2 a share, seems like a lot of things coming together that the market isn’t recognising...yet. BePayd and success in US/German markets could really push it to new heights.

[97peter] 16/6/2020 19:28

Cure what do you mean by medium term? Is that 12-18 months which is too long to wait, or is that 6-8 months which I think is a good target and achievable!! Once companies back at full steam, they will want quick cash flow, so BePayd should be like selling ice cream in the summer!! If not get on with it BePayd and take it over for 90p now!!

[cureboy] 16/6/2020 19:01

Hope DBAY aren’t here to pull a fast one and push through a sub £1 buy out. There is potential here for Proactis to deliver on their strategy incorporating BePayd and Perfect to take this much higher medium term.

[cureboy] 16/6/2020 18:49

Yes so price was held for 2 weeks at 35p whilst an ii (DBAY) topped up, as suspected. Plus another 5million today which is what roughly another 3.8%? You have to wonder with DBAY’s history if this is accumulation on behalf of a bidder. How are they allowed so many at 35p, why isn’t the price moved up with each tranche if buys? Answers on a postcard?!

[coldspring] 16/6/2020 18:43

The RNS threshold was crossed on 12th June so the 5 million traded today is on top of that.

[lewis winthorpe] 16/6/2020 18:36

Malta again with another 1%

[p1nkfish] 16/6/2020 18:34

Someone else also taking shares. Who?

[mrshaungcm] 16/6/2020 18:28

more to come??? todays??

[mrshaungcm] 16/6/2020 18:26

Dbay increase then

[cureboy] 16/6/2020 14:22

SP is up so we can safely assume the 5m trades were buys, more accumulation from on an ii. RNS is due.

[p1nkfish] 16/6/2020 14:20

Would be great to see a burst through 40p. Until that happens it's all noise.