Proactis Share Discussion Threads

[p1nkfish] 15/12/2020 07:39

Telit tell DBAY.

[coldspring] 14/12/2020 21:27

Sounds promising, hope it cuts the debt a fair bit.

[cureboy] 14/12/2020 20:32

A non core element of the business has been identified for sale, target is within the next 12 months according to the 2020 annual report.

[cureboy] 13/12/2020 11:12

Very surprised we’ve not already had a derisory 55-65p bid from DBAY. I think we will see this climb into the 60s naturally over the next few months with the positive news flow that Tim Sykes has alluded to. The board and advisors seem confident.

[p1nkfish] 13/12/2020 00:47

Busy week for Dbay with Telit and the below.
PHD is a sitting duck.
AGM next week.

[cureboy] 10/12/2020 07:10

Another Tim Sykes interview here from yesterday;
hxxps://www.voxmarkets.co.uk/series/daily-podcast/
Finishes by saying there will be positive news flow over the coming months. Sounds good.

[p1nkfish] 10/12/2020 00:18

This is a really useful first contract. Well done Proactis.
Risk being reduced too.

[p1nkfish] 09/12/2020 22:02

It's a bigger win than I thought this morning. Why?

Because there will be a dependency on vendor size.
Larger suppliers have less need and bePayd doesn't address that end of the market.

This deal is €180 million of annual spend with 65,000 suppliers.
About 2K8 average per supplier so uptake could easily be > 5% guesstimated this AM.
It's a bigger deal.

[cureboy] 09/12/2020 17:32

Let’s assume that’s a hefty DBAY buy after hours 105k.

[cureboy] 09/12/2020 17:03

Note the spiel on the number of buying organisations has changed from 1000+ to 1100+.

[coldspring] 09/12/2020 13:09

PHD Coverage in the daily vox markets email has just got to my inbox. Not sure what the circulation stats are but it all helps.

[cureboy] 09/12/2020 12:59

DBAY can and probably will still manipulate the share price further in their favour for more accumulation. They’ve been buying under different legal entities. I’m expecting a tree shake after the rise. Hold on tight.

[coldspring] 09/12/2020 12:40

Agreed but theyve been in control and I have had concerns re a cheap takeover attempt. I am less concerned now we are 15p above the long term base!

[lewis winthorpe] 09/12/2020 12:34

Dbay win regardless. Shrewd investments imho

[coldspring] 09/12/2020 12:12

I would love it just love it if we got a spike and DBAY could not control it. Up you go dolly

[p1nkfish] 09/12/2020 10:35

Some very strange people read this PBB.
Can say no more than that but we know who you are.
Card marked.

[coldspring] 09/12/2020 10:02

100k sell barely made a dent on the ask and bid quotes. Nice update today, hopefully more to come and we'll begin a re rate. Update on debt reduction plans would be most welcome at this point too.

[p1nkfish] 09/12/2020 08:59

AGM soon, could be a bit more news around the date.

Needs another NED, possible news on non-core operations (sale or close) etc.

Before we realise, next set of interims due.

[p1nkfish] 09/12/2020 08:57

Multi-currency too.

If they dont drop the ball its looking very promising.
As sales build, scale helps carry the overhead, ratios start to look better and debt less of a burden. Could turn out as Sykes suggested. Just frustrating to wait and a concern they dont drop the ball along the way.

[cureboy] 09/12/2020 08:54

The ease in which BePayd can be deployed across multiple territories is very interesting. Thought would be UK focused to begin with but obviously that’s not the case. Big opportunity and should be a fairly straight forward sell to the customers with larger spends. CFOs will be all for saving money where possible.

[p1nkfish] 09/12/2020 08:20

Absolutely, excellent news and a sign of trust by the customer that they have contracted.

New NED helps too given background, a vote of confidence there too.

[cureboy] 09/12/2020 07:52

Tim Sykes has also said that BePayd effectively doubles a contracts value if taken up by the customer so it’s a big opportunity.

[p1nkfish] 09/12/2020 07:51

In the fullness of time I think today's contract should be worth about £125K p.a. After costs, very approx, at 5% take up.

All finger in the air.

[brummy_git] 09/12/2020 07:49

All the latest commentary on today 'break-through' bePayd deal can be found here:

hxxps://www.linkedin.com/posts/paul-hill-a5994116_phd-saas-activity-6742337739636699136-abVI