Proactis Share Discussion Threads

[p1nkfish] 06/10/2020 10:57

coldspring, Please learn to read.
I have no idea if he will die but at 76 the probability is higher than at 56 and there is now a major vulnerabillity. PHD is now very vulnerable to an opportune low ball bid and knowing their luck it could happen.

If you bothered to research you would also get the vibe from other SaaS companies wrt current cashflow. Very important in the PHD case.

As for the future, DBAY bought the company referenced below and if you USE YOUR BRAIN you might understand the parallels to PHD.

Also, if you are so f'in Smart, please tell us the role Advent MIGHT PLAY if there is a bid - go on - elighten us all.

1) Expanded too fast at the expense of profitability.
2) Not enough atention to cash.
3) Great optimism about the group’s prospects — may be excessive.
4) Cashflow and timing poor, in vs out.
5) Borrowing was expected to fall but rose instead.
+++

I hold here but its now on a knifes edge imho. Best case is 2 interested parties looking to take it private. What I thought wouild be an 18-36 month share price recovery will either end in a low ball sale or take 5 yrs imho.

I don't think thats bipolar, it's posting as new info becomes available.

[lewis winthorpe] 06/10/2020 10:38

Two things is going to happen Imho1) Dbay advisors named non-execs, or people with close ties to them2) BePayd newsEveryone thinks the sky is falling. This is the time to invest imho.The DBay slow burn doesn't fit with a hostile bid imho. More of an advisor relationship.Sean Mc, has retirement written all over it and Sophie was a place filler for non exec. What exactly has changed other than reduced salary burden.Personally hope the next CIO is recruited from within. Surely there is talent. 47 mill recurring revenue still in place.

[coldspring] 06/10/2020 10:29

Haha pink you are now thinking Potts is going to die........you are so bi polar on this stock. We have all come around to the fact that change is needed here and now it is almost here then that is negative as well. Could not make it up.

[cureboy] 06/10/2020 09:05

All the hallmarks of a hostile being bought to the fore. Trust the board have some ammunition to guard against it. Let’s see some BePayd early adopter figures for starters.

[cureboy] 06/10/2020 08:38

Board changes whilst DBAY accumulate at a decent pace...coincidence?

[whatthe] 06/10/2020 08:26

The tragedy is if the BOD and Investors hasn't been enablers of Sykes incompetence we could have all made a lot of money. He's been playing people for years with half statements and fluff about Bepayd. Sadly it will be staff the the PI that pay the highest price

[p1nkfish] 06/10/2020 08:19

whatthe, I think both see the writing on the wall.
At next GM neither likely to survive.
Both gone = strengthened CEO & CFO positions too. Losing them would be the end.

Expect GM call some time, not waiting for AGM perhaps.
Dbay upto something imho.
GM could be called.
If BoD got wind of GM possibility the most vulnerable jump first.

[whatthe] 06/10/2020 08:16

Feeling nostalgic. I'm old enough to remember the days on here when jonstrawberry, I and others got battered for the merest suggestion that Sykes and Co were an incompetent shambles. To lose one board member is careless to lose two....

[p1nkfish] 06/10/2020 08:16

Final thought, major shareholders may be forcing these changes.

[p1nkfish] 06/10/2020 08:14

So, expect 2x BoD appointments.
Let's see if either is from a major shareholder.
Where would the company stand if there was a cheeky bid now?

Unlikely any BoD member would vote for it but now is a vulnerable time.

[p1nkfish] 06/10/2020 08:14

So, expect 2x BoD appointments.
Let's see if either is from a major shareholder.
Where would the company stand if there was a cheeky bid now?

Unlikely any BoD member would vote for it but now is a vulnerable time.

[p1nkfish] 06/10/2020 08:08

A THOUGHT - These roles will come up for election at the next General Meeting, see below. It is better to stand down than be thrown out by shareholders. Bad for reputation to be voted out.

Perhaps she and the other one have seen the writing on the wall, have jumped, so new blood can be onbiarded before a GM where there will be blood on the carpet.

"To amend the Company's Articles of Association at the next General Meeting to require annual re-election for every director;"

It gives new people chance and helps protect others.

Notice "GENERAL MEETING" used, why not "ANNUAL GENERAL MEETING"?

[p1nkfish] 06/10/2020 07:49

To have 2 go - by design,just careless or they just don't see the point of carrying on?

[p1nkfish] 06/10/2020 07:48

Another one bites the dust so they need at least one NED to achieve 50:50 or better.

If Potts does suddenly disappear they will be in a weird situation.

Better do it right chaps.

[lewis winthorpe] 06/10/2020 07:13

Smoke and fire

[p1nkfish] 05/10/2020 12:49

Not sure it is a real trade. Time/date as per last 700K trade and zero spread. Dont know what it means but doesn't look legit.

[mrshaungcm] 05/10/2020 11:40

i see another delayed 700k has gone through

[cureboy] 05/10/2020 09:42

Presumably this is American ("Fall 2020") so evidences some success in that market...Proactis listed as a 'Top Performer'.
hxxps://cdn.featuredcustomers.com/customer_success_report/FC-CUSTOMER-SUCCESS-REPORT-FALL-2020-PROCUREMENT-SOFTWARE.pdf

[p1nkfish] 04/10/2020 23:51

There are a few reasons a sale in the next 12 months is more than possible. I still would want £2.10 but that's looking very unlikely.

[p1nkfish] 04/10/2020 20:27

It happens Lewis, a real risk at 76. Thinking through different scenarios. Knowing the luck of Proactis nothing would surprise me.

[lewis winthorpe] 04/10/2020 18:57

Geez pink, poor guy. Death warrant