Re: Peel Hunt If they keep going at this rate they'll have to make an offer for the whole company. They're rapidly approaching the 30% mark ! They obviously see great potential here.Are they alone ??Your opinion counts ))TP
Re: Am I missing something? I think you're missing something Mr P. The last 4 holding RNSs have been 3 PeelHunt building their stake and James Lee crossing the 3%. Maybe you're confused by the name Proxama at the top of the TR-1 which is the name of the issuer of the shares bought, not the buyer. Hope this helps.TP
Video: PROX results & trading update 2017 Interim results & trading update presentation by: John Kennedy, CEO Mark Slade Managing Director, Location Sciences Dan Francis, Chief Strategy Officer[link] 00:33Trading update 01:22Summary of H1 2017 02:34What is Location Sciences? 03:11Why Location Sciences is different 04:42What problems Location Sciences solves 06:17Challenges, risks and opportunities 07:25
Am I missing something? It seems that they have placed a rights issue to raise money and now seem to be buying back their own shares? Is this correct?I have now seen to consecutive RNS that says Proxama Plc has bought more shares.I'm confused can someone else explain or am I missing something.Regards
Peel Hunt What can they know or see?
SP below OO price Still will not buy more though, little faith that this is going anywhere ATM.
Re: New start ? Yes, Barclays are locked in for a while yet, my average is 0.155p and I expect that will be reached before the year is out. More contracts, trading updates, heading towards profit making, all good signs, keep the faithGLA LTH like myself
New start ? Well took my allocation and then some, lets hope it keeps going in the right direction.
RNS The open offer was successful but only just, they raised the £3.1 million required so have settled with Barclays and are now debt free and have the cash to make the future happenGLA
Monday Enjoy[link]
Re: Damage limitation Ewan,My sympathies, this is a basket case - there is no money in the proximity business they are targetting (it's retail!) and DPD doesn't make enough for any working capital.As for your list of hopefuls a) to d), I wish you luck but I can't see it getting past a).Hope and luck is all PROX have - and both are out of their hands.My plan would stop at 1).R.
Re: Damage limitation Mate, don't worry, the open offer will succeed and PROX will be in a much better place afterwards, am I mad? Only time will tell, I still believe this one will multi bag. WTFDIK x
Damage limitation Still kicking myself for only selling half my holding after the DPD sale went down the pan. But with the shares likely to be completely worthless in the event the open offer fails, it's time to protect what's left with a three-part plan:1) Sell existing holding in open market2) Take up full allocation of open offer shares and apply for extra to make up for part 13) Keep everything crossed that...a) The fundraising is successfulb) That success boosts the sp c) There really is a market for the data analysis Proxama is offeringd) The chief exec and his sidekick are smarter than they looked in that recent interview.Good luck if you're as daft as me and you're still in.
Interview: PROX CEO John Kennedy A short interview with Proxama CEO John Kennedy[link] talks about the companys proposed placing and what theyll do with the money 00:20Their Digital payments division 1:15The investment case 1:34.
Video: proposed placing presentation Proxama (PROX) proposed placing presentation, July 2017, by John Kennedy, CEOMark Slade, MD Data Location BusinessDan Francis, Strategy Director.[link] Kennedy, CEOroxamas history - 0:30Proxama today - 0:45Digital payments division - 01:10Proxamas vision - 01:40Dan Francis, Strategy DirectorWhat does the Location Data Business do? - 02:13The business model - 04:20Proximas partners - 04:55Proximas data - 05:222017 KPIs - 05:37Mark Slade, MDThe opportunity - 05:52John Kennedy, CEO:The new executive and board in 2017 - 07:38Summary - 080