Proactis Share Discussion Threads

[p1nkfish] 08/6/2016 08:31

Down to earth management too with a pedigree in the area they operate.

[paulypilot] 07/6/2016 23:35

This stock is the thinking man's Tungsten - sensible business plan, already profitable, and good growth coming through. All good.

Regards, Paul.

[paulypilot] 07/6/2016 23:04

This stock is the thinking man's Tungsten - sensible business plan, already profitable, and good growth coming through. All good.

Regards, Paul.

[p1nkfish] 07/6/2016 22:57

Deserved an RNS for multiple reasons.
Nice one PHD team.
Quality execution.

[eclair] 07/6/2016 10:48

Lewis,

I believe Screwfix pay a modest fee to Proactis for every supplier they convince to sign up. So Screwfix have to get a financial benefit from their supplier to justify paying this fee and the supplier presumably has to get some benefit from changing the way they do business with Screwfix.

The total number of participants in this e-invoicing process dictates how much of a revenue earner it is to Proactis. The potential becomes exponential the more customers (and their suppliers) Proactis get to join in. However, if uptake is low because there isn't enough benefit to both customer and supplier to justify the fee to Proactis and the effort involved in implementing it, then there won't be much in it for Proactis.

In my view it will be a no brainer for the larger suppliers to each of Proactis' customers but not worth it for suppliers who are submitting low volumes of invoices. The key will be where in practice the actual uptake will be between the two ends of the scale.

Time will tell.

[lewis winthorpe] 07/6/2016 10:18

eclair, Screwfix were paying for it weren't they? In theory which supplier is going to say no to faster payments

[oregano] 07/6/2016 09:52

Fincapp slipping through a modest £200k upgrade and increasing target price to £2. Surely achievable, depending on whether Henderson have turned the tap off!

[eclair] 07/6/2016 09:25

I agree Lewis. Screwfix have been signed up for nearly 8 months now, so it would be nice to hear how many suppliers they have signed up.

[lewis winthorpe] 07/6/2016 09:04

Shanklin,

I think its the potential revenue where if P&O pay for all suppliers on the network a small deal like this is in the region of 400k without the extension and the spend analytic's add on.

Screwfix, Fintshire and now P&O. Good traction beginning to show.

[oregano] 07/6/2016 08:37

the first of many.

[shanklin] 07/6/2016 07:38

Why was this reported in an RNS? Is it really that significant to PHD's profitability?

[p1nkfish] 07/6/2016 07:28

plenty and very good news with p&o.
full pottfolio of sevices taken.

[eclair] 06/6/2016 12:24

No negative impact on share price though, so I guess there are willing buyers for their shares. All profits have to be realised at some point and they have multi bagged on this one. Less likely to multi bag from here so perhaps they can see bigger returns elsewhere.

I still think there is plenty of upside from here, although I remain cautious about how quickly they can make headway with the automated supplier invoicing revenue stream.

PHD remains comfortably my biggest holding.

[p1nkfish] 02/6/2016 15:47

yep, Henderson reducing. May be any number of reasons including having excess weight in this sector amd not PHD specific.

[p1nkfish] 02/6/2016 12:36

Like the name Lewis.

Yes, would agree it keeps hitting the resistance and only a matter of time.
Various catalysts coming together - vendor financing, cross selling, increased market penetration via "gatherings" and the US will start to contribute and the pound is a little weak. There must be Asia Pac news too and further out of the Low Countries. Add another acquisition too in the next 6-9 months.

Substantial potential still left to exploit and show through and still a relatively small float.

Henderson are the pain as I think they will continue to wind down here. A mistake in my book as this can grind higher for quite a while until bought out at a decent increase over today.

Good luck.

[lewis winthorpe] 02/6/2016 09:40

I sense a move up coming

[p1nkfish] 26/5/2016 13:36

Or just Henderson trimming again.

[rosscortb] 25/5/2016 12:46

some tree shaking oregano?

[oregano] 25/5/2016 10:03

we are clearly going to get a fair bit of news. and nicer to pop from a higher level.

[lewis winthorpe] 18/5/2016 15:23

Spread narrowing a good sign?

[p1nkfish] 29/4/2016 17:55

too true, interesting few days and a few pi's separated from their holdings.
hope they made some money even if a fraction of what it could have been.

[lewis winthorpe] 29/4/2016 09:24

classic shake to get big boys enough shares, sneaky and back to where we started

[p1nkfish] 28/4/2016 23:38

Paperless invoicing has been around for a while.

Interestingly the Intelligent Capture website is now off air and calls up Proactis directly. More than capable of capturing and OCR'ing a printed invoice at the vendor side and uploading to the cloud and interpreting field but doubt even that is necessary now.

[eclair] 28/4/2016 20:10

Bakunin,

I was actually thinking about implementation complexity. I confess when the company I worked for tried it, we didn't have the benefit of a simple 'key the invoice into a browser' facility that suppliers could use - they had to build some kind of interface.

Even with keying into a form via a browser, there can still be an issue with what to call the fields/labels - different suppliers use different terminology.

Anyway, probably going into too much detail. Lets hope Proactis have done everything necessary to make it work.

Some nice buying late on.