Proactis Share Discussion Threads

[p1nkfish] 11/2/2021 10:08

Might have got wrong band letter. The really high one is what I mean.

[cureboy] 11/2/2021 09:47

The “pace of progression”, not progression itself, is being affected by the pandemic. Sykes said in December that Proactis have performed pretty well during the pandemic and are on course to meet FY21 guidance. I expect the trading update therefore to be dull, but as expected.

[p1nkfish] 11/2/2021 07:58

Thinking about the TU due.

To blow away any BS its probably best if its blunt and not using flowery words to disguise the fact the CV19 mess has impacted the business.

THis market will see through attempots to sugar any pill and is likely to punish it more harshly than if simples plain facts are laid out for all to see.

My 2c.

[p1nkfish] 10/2/2021 16:07

However, the trend is still up.

[whatthe] 10/2/2021 15:57

That was my worry another smoke and mirrors job. I actually find it embarrassing that they're announcing a sale of their core software to a core market as important. Really highlights how far they've sunk. That and the occasional announcement that they've paying an events company money to attend somebody else's event seems to be all they've got.

[jonstrawberry] 10/2/2021 15:52

Whatthe... it's strategically important because they don't sell so many new name deals. That's the only reason. It's a naive comms strategy to tell the world you're still doing business, which in reality only reveals the rarity of you actually doing business !

[cureboy] 10/2/2021 13:41

Wording has changed from 1000+ organisations worldwide to 1100+. This has been mentioned before but now confirmed in an RNS. We are 10% up on the week let’s not forget.

[coldspring] 10/2/2021 12:34

So you are invested here then? Otherwise why would you worry about a line in an RNS?

[whatthe] 10/2/2021 12:30

Serious question. Proactis has had a US business for 10years+ now and it's always been a core market. Why is it a strategically important deal to announce that you've sold your software to a no name customer with no value? Plus pinkfish is right the line "conscious that the pandemic continues to impact the pace of progression" is a worry

[p1nkfish] 10/2/2021 11:34

Looks like over reaction but shows how sensitive it is. First bit of bad news and its party time for DBAY if this is the reaction to news suggesting the US go to market strategy is showing signs of life. Better if they kept their mouths shut.

[p1nkfish] 10/2/2021 11:33

It could have been worded better. Market is a bit jumpy.

[p1nkfish] 10/2/2021 11:33

I think this wording didn't help as some could read it as an early attempt to avoid TU disappointment, a let them down slowly type of thing.

"........the pandemic continues to impact the pace of our progression........"

[sidam] 10/2/2021 11:11

The brokers have not changed their estimates but say that the contract shows the strategy appears to be working. They repeat that it is one of their technology picks for 2021 and reiterate their 80p target. By the end of 2021 and assuming their estimates are correct, PHD would be on a then current year PE of 20. In my view a bit high but not completely implausible. I consider that it would depend on the projections for June 2023.

[cureboy] 10/2/2021 11:04

It’s all very easily manipulated on low volume.

[lewis winthorpe] 10/2/2021 11:02

No value on the RNS and also speculators jumping ship.BAU

[p1nkfish] 10/2/2021 10:59

Well the release didn't have the desired effect did it.

[coldspring] 10/2/2021 10:33

Deja vous, positive RNS and we are red. No news all week prior to that and multi day rises.......dull

[weatherman] 10/2/2021 07:30

New contract announced - may explain the rise.

[smartiesdad] 10/2/2021 04:34

Get help seriously

[p1nkfish] 10/2/2021 04:27

I can't remember what rate PHD pay on their debts but junk bond yields in the US are now sub 4% for the first time ever. Might be an opportunity there for some engineering.

[cureboy] 09/2/2021 17:50

Could be DBAY trying to keep a lid on things? Might not be in their interests right now to see the share price rise.

[coldspring] 09/2/2021 15:36

Now 4 x 25k clips.......rumbling indeed