The next focusIR Investor Webinar takes places on 14th May with guest speakers from WS Blue Whale Growth Fund, Taseko Mines, Kavango Resources and CQS Natural Resources fund. Please register here.
London South East prides itself on its community spirit, and in order to keep the chat section problem free, we ask all members to follow these simple rules. In these rules, we refer to ourselves as "we", "us", "our". The user of the website is referred to as "you" and "your".
By posting on our share chat boards you are agreeing to the following:
The IP address of all posts is recorded to aid in enforcing these conditions. As a user you agree to any information you have entered being stored in a database. You agree that we have the right to remove, edit, move or close any topic or board at any time should we see fit. You agree that we have the right to remove any post without notice. You agree that we have the right to suspend your account without notice.
Please note some users may not behave properly and may post content that is misleading, untrue or offensive.
It is not possible for us to fully monitor all content all of the time but where we have actually received notice of any content that is potentially misleading, untrue, offensive, unlawful, infringes third party rights or is potentially in breach of these terms and conditions, then we will review such content, decide whether to remove it from this website and act accordingly.
Premium Members are members that have a premium subscription with London South East. You can subscribe here.
London South East does not endorse such members, and posts should not be construed as advice and represent the opinions of the authors, not those of London South East Ltd, or its affiliates.
The 'Golden Egg" reference was to do with the Prox bod/employees NOT us poor investers lol As previously stated I still hold 25m, and at a reasonable loss. These shares were hard got, and if we're sinking I'm going down with the ship!,.....but hopefully not!!
I have halved So if it’s a golden egg I still have one If it’s a rotten egg I have got rid of one of the eggs and only have one. Edge my bets I did last year. When it fell of the cliff last year
to succeed. These golden eggs don't come along everyday. Personally I'm going to hold my judgement for a little bit longer.
Ouch. Better late than never, Wheeler. I'm sure Kenvarv will be along in a bit quoting pointless, historic, information about management to cheer you up. GL
just sold 6M For a pittance, but it’s going to go either way tomorrow, so 1/2 in 1/2 out.
My gut instinct is we are going to get shafted again. Been invested here a long time, can’t feel infused here any longer
Re Mr Kennedy seems to have taken a nice �50,000 Bonus for his contribution approved by the board I suspect ,and then seems to have dumped his placing shares not long after !
Unless he can pull a phoenix from the flames then this is just a burn of our investment cash. Absolutely disgusted at the lies and spin told by Kennedy
http://www.edisoninvestmentresearch.com/research/report/proxama1/full Valuation potential: Early mover in evolving sector There have been a number of deals in this segment over the last year, which should underpin the value of the group until more traditional financial metrics can be used; eg Snap�s $135m acquisition of Placed. As well as building a pipeline of customers, delivery of key milestones such as consumer base growth, sales growth and data growth are the main metrics we will use to gauge the group�s progress and value.
Mark Slade (aged 41) is the Chief Executive Officer of the Company. Mark is one of the advertising industry�s leading figures with senior relationships across many ad tech and media companies. He joined the Company from Opera Mediaworks, where he was Managing Director, EMEA. Mark founded and sold his mobile advertising business 4th Screen to Opera, and then helped grow the business to over $100 million in revenues. Mark is currently a director of Fourth Screen Consulting Limited and is a former director of 4th Screen Advertising Limited. Mark�s expertise is in executing in the high growth ad tech sector as well as European acquisitions.
http://www.proxama.com/wp-content/uploads/2018/02/Proxama_2018AGMNotice_FINAL.pdf Looks like there could be a further 10 + Billion shares coming this way + the x Billion of Barclays shares which haven't been taken into account yet ! A question to consider is the remuneration of the Directors ! It's difficult to actually know how much they are on ( re the accounts as some of them only had x amount of months employment for the year ) have they had a rise ? How can you really vote if you haven't got the whole picture ,worth the company clarifying before shareholders can really vote on that one IMO So with Barclays warrants and the potential of the authority to issue shares being exercised in full there could be more than Double the shares in issue Today ,For a consideration of just over �1 million pounds IMO that's some serious Possible Dilution !
I'm not going as it's too early. I did ask if anyone was going, which might have swayed me.
Could you post the resolutions ?
AGM looming. Fingers crossed!
Interesting article Ken. Nice to see a few buys, no matter how small!
The AGM will be held at the offices of Redleaf Communications, Sky Light City Tower, 50 Basinghall Street, London EC2V 5DE on Wednesday 21 March 2018 at 9.00 a.m. Copies of both the Annual Report and the Circular will also be available on the Investors page of the Company's website: www.proxama.com.
Dont forget the Barclay Billions of shares waiting to be added! it may change the complexion of the Mcap.
Market cap
@ what price? As we know cash burn was excessive compared to revenue! unless that has all changed.
Wheeler Yes I agree, and am (like you and many others) in exactly the same place. Crossing ones fingers is as good as anything while we wait imo gl
I feel a song coming on and it goes something like this the time is near
aerial with it being it’s all time low. I have very little choice to see how the meeting goes. Virtually worthless at the minute.
Wheeler I agree, and I also took part I the offer and now hold 25mil Unfortunately if like me, you intent to continue to hold there is little we can do except wait. There is loads of new money waiting for the slightest inkling to jump in on a punt. I think it would be a mistake to believe that they wouldn't be supported imo
Wheeler 1 As I said not so long ago - on this BB -some believe the dream never ends. Reality is what you can see. I lost my money and you have lost yours. That is the reality of the situation. You can't expect someone to dream up a location science data exclusive when there are so many others way ahead. Are you invested elsewhere where the company has real regard for PIs? I haven't found any of my investments caring too much about me! Nevertheless we all hope.