Proactis Share Discussion Threads

[p1nkfish] 10/10/2020 12:10

55p-75p.
Shame.

[cureboy] 10/10/2020 10:05

The board should be concerned that DBAY have acquired 15% whilst taking the share price down. That should be unacceptable unless it’s an ‘inside job’ ie, they’re facilitating it.

[cureboy] 10/10/2020 09:55

Finncap have a target of 80p which they consider to be conservative for a Saas based on Proactis’ multiples. So anything below that will be considered cheap. They’re the experts afterall. Personally I think any low ball offer will be an invitation for a bidding war and DBAY could be blasted out of the water by a US investor.

[97peter] 10/10/2020 09:16

How cheap do you reckon cure? I guesstimate at 75p and they will have 80% of the shares! Probably a bid coming early November, once they have hoovered up another 5-6% from small II’s selling. Then what they do with it then is anybody’ guess? I am holding until next April and will sell at anything above 70p walk away and invest elsewhere or total sell up next April, as I only hold just under 1%.

[cureboy] 10/10/2020 08:22

Yes a cheap takeover. The fact that DBAY are buying up large parts of the company whilst holding the share price down, and their history, all points to it. Over 15% now owned by an offshore subsidiary which is also tax efficient for DBAY.

[susiebe] 09/10/2020 23:55

Can someone explain the worries the last 3 posts have hinted at.I assume a cheap buy out?

[p1nkfish] 09/10/2020 23:39

Would tend to agree.

[whatthe] 09/10/2020 21:22

The BoD are completely powerless. Dead men walking

[cureboy] 09/10/2020 16:08

Another big whack of the company bought up by DBAY. The BoD have to be on guard.

[coldspring] 09/10/2020 15:54

What is that 700k trade about?

[cureboy] 09/10/2020 11:57

Hopefully DBAY will be forced to release their tight grip on the share price in order to accumulate. Must be getting more difficult to find sellers down at this level.

[coldspring] 09/10/2020 09:45

I would like a few more at that price, sure most would well except the strawberry blonde

[cureboy] 09/10/2020 08:47

DBAY price to buy 31.11p. Joe public >32.50p

[cureboy] 08/10/2020 11:26

Sean McDonough was the highest paid of all the execs so a significant cost saving there. Still believe DBAY or Lombard we’re behind it.

[p1nkfish] 08/10/2020 09:05

Timely, yes. They need a massive push on sales. Even better into segments getting exposure.

Perhaps 2 recent BoD resignations were simply to save money and co-operative rather than them throwing the towel in.

Cashflow is a concern. It needs care.

BoD changes should be a breath of fresh air and a new perspective too. If purely for temporary cost savings then we shouldn't expect replacements quickly. If quickly replaced then not on cost.

[cureboy] 08/10/2020 08:58

Good that they’re getting into the biotech market, lots of money going into that sector.

[p1nkfish] 08/10/2020 08:37

A push on web ads too by looks of it.

[coldspring] 08/10/2020 08:35

Have certainly noticed more tweets going out with contract win info. Looks positive

[p1nkfish] 08/10/2020 08:26

Good news -

[p1nkfish] 07/10/2020 18:32

Anything that involves tracking Gov procurement does. P2P etc.

Fully expect lack of majority control from inside UK will lead to barriers to acquisition. Germans doing similar.

[whatthe] 07/10/2020 18:26

Some councils using your software to publish tenders does not make you a strategically important customer to the UK Government. It doesn't even make you a strategically important client to the Councils Procurement Dept

[p1nkfish] 07/10/2020 17:23

This should have been done a long time back.