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PROX Proxama

0.0235
0.00 (0.00%)
26 Apr 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Stock Type
Proxama PROX London Ordinary Share
  Price Change Price Change % Share Price Last Trade
0.00 0.00% 0.0235 01:00:00
Open Price Low Price High Price Close Price Previous Close
0.0235 0.0235
more quote information »

Proxama PROX Dividends History

No dividends issued between 28 Apr 2014 and 28 Apr 2024

Top Dividend Posts

Top Posts
Posted at 23/2/2018 08:05 by ochs
...but selling due to knowledge of a pending placing would be insider dealing if proved. (if you remember a former director of Prox was caught doing that and fined and censured by the FCA in relation to another AIM stock!)
Posted at 11/2/2018 16:47 by the stigologist
ttarrageel - 02 Oct 2014 - 08:03:45 - 2095 of 6920 PROX: NFC Mobile Wallets & Marketing - PROX

Stig is posting his rubbish = time to buy


Big7ime - 30 Sep 2014 - 17:26:56 - 2083 of 6920 PROX: NFC Mobile Wallets & Marketing - PROX

Stig, don't waste your time shorting Prox, they are cheap. there are so many overpriced shares going to slide. Start with WRN


euclid5 - 24 Sep 2014 - 11:14:30 - 2059 of 6920 PROX: NFC Mobile Wallets & Marketing - PROX

but that's your job Stig to constantly deramp as you are short & make your money like that - create negative sentiment
Posted at 11/2/2018 15:26 by barvin
There was another figure that pushed it down to £1.3m but being a few days since I was deep in the numbers I cannot recall what it was, so due to board pressure and for clarity, I have amended this to £1.9m whilst keeping my initial estimate in place too.


I do actually have a small holding now not worth selling in this, looking at Plunge I see he has been in this since 2014 so likely a member of the PROX 99% loss club. Which makes his blind positivity towards this company even more bizarre.

Let's see what the final figures reveal and whether there are any decent contracts with substance, or whether it will be all hyperbole speak like last year.
Posted at 25/9/2017 15:48 by barvin
!FOLLOWFEED
On the appointment of John Kennedy as CEO, the PROX share price was 1.55p. It is today 0.026p, giving investors who bought and held that day a whopping 98% loss.


How long will it be till PROX joins the 99% club. Time for a new CEO?

________________________________________________________

PROJECTED 2018 FUNDRAISE FOLLOWING DIGITAL PAYMENTS SALE & 2017 RESULTS (UPDATED FEBRUARY 2018)
Cash at start of Jan 2018 is £1.14m

At a projected cash burn of £175k a month, taken from details of 2017 results. This includes an increase of 50% of revenues and counteracts the predicted drop in grant money which looks to have almost been fully received. Plus the 50% predicted drop in admin costs.
hxxp://gtr.rcuk.ac.uk/organisation/0ED6329B-4507-4D2D-8247-D172AEEC801E


Cash held at 1st Jan 2018: £1.14m
Estimated full cash depletion in Mid June 018
Estimated cash raise commencement: May 2018

NOTE: I have left out the DP secondary payment(£1m) over 18 months out (details of which they have chosen not to include in the results). As in my experience the targets are usually so high they are never met and the purchaser will be reluctant to try and meet them and pay out more cash in that early period.

________________________________________________________

£3m market cap at 0.0225p with 13.745bn shares in issue as of Jan 2018

DIGITAL PAYMENTS (SOLD/COMPLETED on 3rd Nov 17)
ACONITE TECHNOLOGY LIMITED
2016 Turnover £277k Profit £267k
* ACONITE SOLUTIONS LIMITED
2016 Turnover £1m Loss £663k
* ACONITE CONSULTING LIMITED
2016 Turnover £206k Loss £22k Wages Bill £2.3m
*Indirectly held by Aconite Technology Limited

EXISTING BUSINESS
LOCATION SCIENCES AI LIMITED (renamed PROXAMA SOLUTIONS LIMITED in Nov 2017)
2016 Turnover £269k Loss £2.4m Wage Bill £2.3m
PROXAMA INC (US based business)
PROXAMA PLC
2016 Turnover £1.8m Loss £5.1m Cash Outflow £2.4m Cash at hand £2m
2017 Turnover £471k Loss £3.18m Existing Op Cash Outflow £3.28m Cash at hand £1.14m
Estimated loss for 2018 of £2m taking into account the 50% admin cost drop
LOCATION SCIENCES GROUP LIMITED (Created November 2017)
PROXAMA SOLUTIONS LIMITED (Created November 2017)

________________________________________________________
Estimated existing divisions cash outflow of £1.05mm for first half of 2017

Barclays warrants cannot be exercised by July 2018 unless through the company broker. The exercise price is 0.03p (35% higher than current price in Feb 2018) So certainly not in the companies interest to send the price higher than 0.032p ish and perhaps a target price and get out point for PI.
hxxp://www.proxama.com/investors/aim-rule-26/

________________________________________________________


So I'd say give it to early May 2018 and if nothing is showing, get out. As that is when another large dilutive placing could be commencing (further fundraise of £1m-£1.5m, could lead to up to 50% dilution) and Barclays get hold of those warrants in mid-2018, exercisable at 0.03p. Any contract announcements between these results and May time could be a primed for a placing and a perfect chance to get out on a spike. 0.03p proves the sticking point as that is the exercise price for Barclays and breakeven for White Angle, so should imo be the target for anyone wanting to get out before a potential placing/dilution.
Posted at 12/7/2017 13:15 by tomps2
Video: proposed placing presentation, July 2017, by
John Kennedy, CEO
Mark Slade, MD Data Location Business
Dan Francis, Strategy Director.



John Kennedy, CEO:
Proxama’s history - 0:30
Proxama today - 0:45
Digital payments division - 01:10
Proxama’s vision - 01:40


Dan Francis, Strategy Director
What does the Location Data Business do? - 02:13
The business model - 04:20
Proxima’s partners - 04:55
Proxima’s data - 05:22
2017 KPIs - 05:37


Mark Slade, MD
The opportunity - 05:52


John Kennedy, CEO:
The new executive and board in 2017 - 07:38
Summary - 08:00
Posted at 01/5/2017 17:57 by cautoussid
RNS Number : 7814U
Proxama PLC
23 January 2017

23 January 2017

Proxama PLC

("Proxama", the "Company" or the "Group")



CPI Card Group and Proxama Announce Strategic Relationship



Proxama PLC (AIM: PROX), the international digital and mobile commerce company specialising in end-to-end payment solutions for card issuers and processors, is delighted to announce a joint agreement with CPI Card Group (Nasdaq: PMTS, TSX: PNT), a global leader in financial and EMV chip card production and related services, to deliver innovative financial and payments products to CPI's growing North American customer base.

CPI Card Group is a leading provider in payment card production and related services, offering a single source for credit, debit and prepaid debit cards including EMV chip personalization, instant issuance, fulfilment and mobile payment services, with more than 20 years of experience in the payments market and as a trusted partner to financial institutions. CPI Card Group and Proxama will continue to offer and develop the most comprehensive financial solutions to meet payments and processing customer demand in Canada and the United States.

Patrick Regester, EVP Sales and Marketing for Proxama's Digital Payments Division commented: "We are excited to have established this collaboration with CPI Card Group for the hosting and promotion of our highly-regarded product suite in North America. This agreement will enable CPI to provide best-in-class payment solutions to their extensive customer base and to new clients, extending further the range of products and services that CPI is able to offer to the market."

Lane R. Dubin, Senior Vice President, Sales and Marketing at CPI Card Group added: "We see great potential in this agreement with Proxama to broaden our mobile and EMV-related services and offerings to meet the dynamic and diverse needs of our customers. Our alliance with Proxama reflects our dedication to expand our domestic and global market presence and deliver best-in-class financial solutions."





About CPI Card Group
CPI Card Group is a leading provider in payment card production and related services, offering a single source for credit, debit and prepaid debit cards including EMV chip, personalization, instant issuance, fulfillment and mobile payment services. With more than 20 years of experience in the payments market and as a trusted partner to financial institutions, CPI's solid reputation of product consistency, quality and outstanding customer service supports our position as a leader in the market. Serving our customers from ten locations throughout the United States, Canada and the United Kingdom, we have the largest network of high security facilities in North America, each of which is certified by one or more of the payment brands: Visa, MasterCard, American Express, Discover and Interac in Canada. Learn more at www.cpicardgroup.com.
Posted at 13/4/2017 22:07 by cautoussid
New Contract Win
Wed, 1st Mar 2017 07:00
RNS Number : 1318Y
Proxama PLC
01 March 2017

1st March 2017

Proxama PLC

("Proxama", the "Company" or the "Group")



Manchester smart transportation innovation contract win

Highlights:

§ Proxama to receive £0.3m grant from Innovate UK

§ Contract extends beacon network to Manchester

§ Working in partnership with Cisco



Proxama PLC, (AIM: PROX), the mobile commerce company specialising in proximity marketing, is pleased to announce it is part of a collaboration that has been awarded a contract from Innovate UK, the UK's Innovation agency, to design and implement a smart transportation model for the Greater Manchester City Region.

The collaboration, which includes Cisco, the worldwide technology leader, and Purple, Movement Strategies, Transport for Greater Manchester and Sustainable Environment Ltd will deliver a proof of concept solution that will enable Transport for Greater Manchester to better address the challenge of providing transport services to fit demand.

Proxama's role in the project, which will be funded by a £0.3m grant, is to develop context-aware location-based marketing services to benefit travellers. As part of this initiative, Proxama will expand its network of Bluetooth Low Energy beacons in to Manchester, to gather location-based data, alongside other proximity technologies such as Wi-Fi, and help to better match transport services to public demand.

This is the fourth grant awarded by Innovate UK to Proxama. The project will commence in Q2 2017 and the £0.3 million grant will be paid out to Proxama over 18 months.
Posted at 03/4/2017 13:26 by will02p
cautoussid - 27 Mar 2017 - 11:16:58 - 192 of 235 MORE BUYERS - PROX
Appointment of Non-Executive Chairman
Thu, 16th Feb 2017 07:00
RNS Number : 0184X
Proxama PLC
16 February 2017

16 February 2017



Proxama PLC

("Proxama", the "Company" or the "Group")



Appointment of Non-Executive Chairman



London, 16 February 2017: Proxama PLC (AIM:PROX), the mobile commerce company specialising in payments and proximity marketing, announces the immediate appointment of Kelvin Harrison as Non-Executive Chairman, with David Bailey moving to Deputy Chairman.



Kelvin Harrison joins Proxama with a proven track record of leading and scaling companies, specialising in fast growth technology and services business. Kelvin is currently Chairman of Traveltek, Atlas Cloud and Clixfix and holds various other Non-Executive Director positions. He has previously held Non-Executive Director positions with NetDespatch, TotalSoft and UBC Media. Kelvin is former Chairman of Maxima Holdings and former CEO of Symbionics Group.




why do you keep posting old news...this is the second time you have c/p this..
Posted at 22/3/2017 09:38 by cautoussid
New Contract Win
Wed, 1st Mar 2017 07:00
RNS Number : 1318Y
Proxama PLC
01 March 2017

1st March 2017

Proxama PLC

("Proxama", the "Company" or the "Group")



Manchester smart transportation innovation contract win

Highlights:

§ Proxama to receive £0.3m grant from Innovate UK

§ Contract extends beacon network to Manchester

§ Working in partnership with Cisco



Proxama PLC, (AIM: PROX), the mobile commerce company specialising in proximity marketing, is pleased to announce it is part of a collaboration that has been awarded a contract from Innovate UK, the UK's Innovation agency, to design and implement a smart transportation model for the Greater Manchester City Region.

The collaboration, which includes Cisco, the worldwide technology leader, and Purple, Movement Strategies, Transport for Greater Manchester and Sustainable Environment Ltd will deliver a proof of concept solution that will enable Transport for Greater Manchester to better address the challenge of providing transport services to fit demand.

Proxama's role in the project, which will be funded by a £0.3m grant, is to develop context-aware location-based marketing services to benefit travellers. As part of this initiative, Proxama will expand its network of Bluetooth Low Energy beacons in to Manchester, to gather location-based data, alongside other proximity technologies such as Wi-Fi, and help to better match transport services to public demand.

This is the fourth grant awarded by Innovate UK to Proxama. The project will commence in Q2 2017 and the £0.3 million grant will be paid out to Proxama over 18 months.

John Kennedy, CEO of Proxama, said, "This project demonstrates the value of our technology and our ability to support smarter, targeted marketing services. This contract will also allow us to significantly increase the number of beacons that we have outside of London. Having more beacons means we are able to help brands to reach more consumers in a targeted way, and gather more data."
Posted at 08/2/2017 16:02 by colin12345678
Great post

Ironic
Posts: 8,526
Off Topic
Opinion: Strong Buy
Price: 0.525
JakBlak DPD sale priceToday 15:44JakBlak this is what I have estimated my £75 million for DPD on .( obviously only the DPD stuff ) AIM Share getting government grants ...Innovate UK £1m Grant - Proxama has been awarded £1m over two years, to support the extended roll-out of the Proxama-owned mobile application, Loka
1} One way or another ROTHSCHILD hold . RNS 27th July 2016 .
2) Worlds biggest bank use PROXAMA ( no RNS to that effect though but it is on PROXAMA's site under PAM have a read ) they chose PROX for its unrivalled security )
3) Google Certified one of only TWO in the world
4) US Navy Credit Union the biggest in the World $65 BILLION now $77 Billion assets after signing to Proxama
5) CPI card Group will deliver PROXAMA products they have the LARGEST Network of HIGH SECURITY FACILITYS IN NORTH AMERICA .
6) Netherlands Transit Link System the whole system . Uses PROXAMA and up graded later .
7) Fiserv A Global leader 13,000 clients Banks Credit Unions etc. Use PROXAMA .
8) NETS Scandinavian Credit / Debit card issuer , supplies whole country no other company allowed . Use PROXAMA
9) PROXAMA partnered with THALES e-Security . They do the worlds ATMs .
10) PROXAMA part of NFC WORLD . None of the others are a penny AIM share !!!!!!
11) we are at a all time low no one holds lower ! Huge bounce ! .
12) DPD sale any time or a year high Take Over attempt at year high 1.3p Till Sep 2017
13 } NOV 2016 PROXAMA was ranked NUMBER ONE GLOBALY proximity SOLUTIONS provider in the WORLD by UNICAST .
14 }That's TWO WORLD DOMINATING businesses for the price of one . Lol . Not even for the price of one , the share price has been lowered for AIMs Bounce of a life time !
15 } No Normal placings since DPD sale announced ..June 2016 a rapid book fill placing conducted over telephone on the same day as announced only open to professional investors no private investors , over in hours . Now a Bridging loan till sale completes . They were fighting of a TakeOver ? .ROTHSCHILD ? .

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