Share Name Share Symbol Market Type Share ISIN Share Description
Proxama LSE:PROX London Ordinary Share GB00B2PKZ581 ORD 0.01P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  +0.00p +0.00% 0.0235p 0.022p 0.025p - - - 0 06:36:00
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Technology Hardware & Equipment 0.5 -3.8 -0.1 - 3.23

Proxama Share Discussion Threads

Showing 7526 to 7544 of 7775 messages
Chat Pages: 311  310  309  308  307  306  305  304  303  302  301  300  Older
DateSubjectAuthorDiscuss
04/10/2017
21:03
Boffster - you can add my 54 million shares to the cause.
plunge
04/10/2017
15:46
I mean there isn't another company on this planet that is going to pay JK £200k a year. So I doubt he will step down without a big push. However, if he is brutally honest with himself he will admit he has failed here. A 98% decrease in shareholder value during his reign does not leave him in a tenable position in my opinion. Only on AIM would such failure be tolerated. Just not the company/business for him. He needs to learn from this and move on and at least he can leave knowing he has placed it in at least a potential turnaround situation.
barvin
04/10/2017
13:50
Ladies / Gentlemen We are about 90% of the way to having the required vote share to call for an EGM. If you would like to lend support to this then please register at hxxp://proxama.freeforumes.net (replace xx with tt)
boffster
02/10/2017
09:07
Anyone wanting JK removed just needs to keep pressing the numbers. Since he became CEO the share price has dropped by 98%.That alone is grounds for his departure on top of that there is the high salary, DPD failure, new strategy, technical weakness etc...
barvin
28/9/2017
09:38
Possibly not as it say that initiative was started back in 2016. However, we can expect news soon around Nationalrail n Proxama monetizing the user data.
shsi
27/9/2017
21:02
I wonder whether Exterion Media and/or Proxama have had any involvement in this 'Transport for London' initiative. hTTp://news.sky.com/story/tfl-may-make-322m-by-selling-on-data-from-passengers-mobiles-via-tube-wifi-11056118
plunge
27/9/2017
07:59
With a market capital of £3.5m, if Google thought this technology was going to be profitable, Google would snap it up as it would be less than loose change to buy it.
jerseymike
25/9/2017
15:48
!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. https://www.investegate.co.uk/proxama-plc--prox-/rns/directorate-change/201507150700180585T/ 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.
barvin
24/9/2017
22:05
Might be worth sending an email to Ben Turney, he has a history of gathering disgruntled shareholders together and getting results. https://twitter.com/Ben_Turney I am sure, having seen his frustration at some many AIM ripoffs, he would be able to give you a bit of advice.
barvin
24/9/2017
19:46
Barvin, I would not go as far as to say I am very rich. I do know how to make a small fortune at out Proxama shares though, and that is to start with a large fortune! I probably would have dumped my holding (or at least not participated in the placing) if not for the fact that Barclays exchanged the money owed to them (or most of it) for warrants (I saw this as a considerable vote of confidence) and also the strange acquisition of the stock by Peel Hunt, which goes far beyond the amount you would typically expect a market-maker to have on their books. Both of these outfits will be much more in the know, I would imagine at leadt, than the likes of you and me. I also thought that Mr.Slade seems to be an honest enough chap and has inspired, if not confidence, then at least some hope. But that is no reason to hang on to the old management who have failed dismally this far and are no longer even dedicating themselves full-time to Proxama, but still drawing a fat salary. I'm starting a moderated forum where shareholders can discuss and co-ordinate.. hxxp://proxama.freeforums.net/
boffster
23/9/2017
23:08
Boffster, you'll have my support on this too, although my holding is thin due dilutions etc... yes, JK needs to go!!
ambitive786
23/9/2017
20:20
Also why do Peel Hunt keep increasing their holding? Are they holding these shares for someone else (individual, fund etc)? If they are trying to support the price by buying in the market it isn't working!
ochs
23/9/2017
20:16
Not sure I'd be chucking in £80k at this stage either (now £70k based on latest market cap!) I've lost of few £k in the past on this but currently only have a few hundred 'invested'. I've been saying Kennedy out for well over a year, so happy to support any motion proposed, but clearly my holding is small.
ochs
23/9/2017
17:18
So Boffster you have 80 grand in this?! Wow, no wonder you are worried. I only have a very small shareholding but agree that Kennedy needs to go. It needs a new pair of eyes. So is that 80 grand left after losing money or an 80 grand you have taken as a punt now? I assume you are very rich, but I'm afraid this stock will only be going downwards imo. They need at least 10 sizeable contracts in the next year, just to break even. Can you conceivably see that happening especially with GDPR on the horizon worrying many businesses. I'd be working out of your position "if" any spikes arrive. I have been there and done it with AIM, you MUST use the spikes to move out of positions on shares like this or you will forever regret it.
barvin
23/9/2017
13:53
Boffster I am willing to support such a motion. In fact I do not see any logical reason for having a CEO and separate MD for a company of 30 plus people.
plunge
23/9/2017
12:33
Folks I am seriously considering gathering support to call an EGM and put forward a resolution to remove Mr.Kennedy as a director. It seems to be that any future growth would be at the hands of Mr.Slade and I don't see what Mr.Kennedy is doing other than drawing a large salary and working for other companies. We would only require 5% of the shares in order to table that. Would anyone be supportive? I hold nearly 2% of the shares myself..
boffster
21/9/2017
18:32
I would like to think it was Kelvin Harrison who was responsible for the recent board appointments. As chairman he now needs to do the necessary.
plunge
21/9/2017
16:00
Surely there are now enough new board members to vote through the removal of JK, the principal architect of the past shambles.
plunge
21/9/2017
15:24
Barvin's comment should be correct as they were meant to raise enough working capital for 12 months which is about right. I still worry where income will come from though.
jerseymike
Chat Pages: 311  310  309  308  307  306  305  304  303  302  301  300  Older
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