Proactis Share Discussion Threads

[jonstrawberry] 19/10/2020 11:14

Chap who was running bepayd, Anthony Perse, just left. Looks like his decision as he’s taken a CEO role elsewhere. Doesn’t suggest bepayd was about to explode.

[cureboy] 19/10/2020 09:39

They‘ve previously reported a win for a private healthcare organisation in France so it’s good they seem to be gaining traction over there, was a key focus for them. BePayd update cant be far away as they said in April it would be in the near term. How long is near term?

[lewis winthorpe] 19/10/2020 08:21

Don't quite understand the RNS logic. No value, selling in Europe should be standard. The strategy has been in place for over 12 months.Monetary value is king. Will this impact the results this year? Doubt it. Strong BePYd action is only thing that will move this now short term and it needs strong volume and forecast-able clear revenue.Still a medium term play though.

[coldspring] 19/10/2020 08:14

Market makers with a ridiculous spread.

[p1nkfish] 19/10/2020 07:52

It is good and most probably less risky than an SME.

[coldspring] 19/10/2020 07:42

Love that news, more of the same please at regular intervals

[cureboy] 19/10/2020 07:18

RNS: Strategic Contract Win

[cureboy] 18/10/2020 15:20

Should have enough about them to mitigate that kind of risk. Immediate risk is DBAY forcing through a cheap hostile. Expect an RNS soon notifying of an increase from week before last. Last week was completely flat.

[p1nkfish] 17/10/2020 10:15

Bankruptcy surge expected, worth reading.

[p1nkfish] 17/10/2020 10:03

Interesting to see if risk gets much mention or air time at the end of Oct presentation. Proactis need to be extra alert as it could be a blow.

On the positive side, driving business process optimisation to reduce friction and total costs whilst improving cashflow will be more important than ever = Proactis capabilities.

[p1nkfish] 17/10/2020 09:59

The new role is interesting as risk related. A surge in insolvencies is expected right across the size spectrum in France, Germany as well as UK. It has been held off in Germany by more relaxed rules, kurzarbeit, more flexibility at the banks etc so 2020 insolvency rates have not been too bad at all.

It is about to change for the worse as banks will be prioritising those most likely to survive post virus and letting the others go. This is also the mantra from some parts of Gov - don't risk the survivors (supplying capital to them) for the sake of those that are on their way out of the business lounge.

Proactis need to be careful and as bePayd will see adoption where cash flow is most critical to the user it could be the risk there is heightened.

The core is not very volume dependent but the mid-tier customers are likely very vulnerable and could be some of the core customers.

Watch out for increased credit risk and new signings numbers vs older customers dying off.

I think this new role is related to this and reports to CFO to help screen for risk.

[p1nkfish] 16/10/2020 23:09

New bePayd role. Next commercial partner.

[cureboy] 16/10/2020 14:11

Whilst it's been like a slow death seeing them accumulate and drag the price down, when DBAY have a seat on the board we may actually start to see some shareholder value being delivered finally. I think it's a matter of when rather than if. Of course alot riding on the end of year results. In April they were maintaining guidance for FY 2020 along with a return to organic growth in ARR, which is key. If there's any hint of them not following up on their words then they are wide open to a cheap takeover. Talk of numerous interested parties during the FSP (unless the BoD weren't being totally honest) so shouldn't be a shortage of prospective buyers.

[p1nkfish] 16/10/2020 11:14

If they have insider info they cannot trade.
If the have been approached about BoD and info not in public domain they can't trade.

Could be they are just waiting for the price to come to them but a chance they can't buy anyway until certain info is out.

[cureboy] 15/10/2020 11:30

How about inside knowledge of DBAY pursuing a takeover? Or is it too early for that?

[p1nkfish] 15/10/2020 10:30

If DBAY is consulted on new BoD heads might they have to stop buying prior to announcement as they would have insider knowledge???

[p1nkfish] 15/10/2020 10:28

They were looking for new BoD member before the latest 2 stepped down so can't be too long for some announcement. AGM late Jan 2021 probably and a vote on BoD then so anyone joining prior should be ok'ed by major holders.

Very embarrassing if they add new BoD heads only to see them voted out by the big boys at the next AGM. Would be awful optics to the market.

I guess they are trying to avoid Sykes being voted out. CFO too new so probably OK. Potts on limited time anyway.

By early Feb we should know what the BoD for the next period looks like and a catalyst for change start to operate.

[cureboy] 14/10/2020 17:06

DBAY effect on share price The £billions going through the business network has to start paying dividends soon.

[whatthe] 14/10/2020 15:59

Yeah maybe they've sat on good news for the last few month whilst the share price gets hammered and board members leave so that they can do a webinar at the end of Oct so they can blow everyone away with all the positives...maybe

[lewis winthorpe] 14/10/2020 15:00

Lol....the lady protests a little too much.

[cureboy] 14/10/2020 13:39

Flipside of that is they’re hosting webinars the same day to attract retail investment. Why do that if results are gonna be bad? No one would want to invest. Could easily have good news to share along with results (they did say maintained guidance for FY20). Been a lot of positive news shared in the website lately. Either way the share price will probably fall a few pence again well prepared for that. Plays into DBAYs hands.