Member Info for bunco

Is it not the Monday 29th April the interim update is due?

So proactis currently has a market cap of £30m... I see proactis SA, which is the European side of the group (traded on the Euronext market) has a market cap of €22m or £19m. So that is just the European arm of proactis which has a revenue of €16m (£13.8m) and is currently valued at £19m. The group has a revenue of around £54m and only has a market cap of £30m. I get that they have mentioned there has been a decline in revenue and the pipeline in Jan and Feb, but they have stated the UK remains robust, and the issues are in Europe and US, yet the proactis SA market cap seems to account for around 65% of the group's market cap at the moment, yet only contributes 25% of the revenue. A rerate has to be coming soon, 70p-80p would make much more sense.

https://www.euronext.com/en/products/equities/FR0004052561-XPAR/quotes

Yeah, noticed the exact same. So really these are all going through at mid, with the spread set up to show them as sells, there have hardly been any genuine sells at all today.

These guys seem to think so
https://www.britishbulls.com/m/SignalPage.aspx?lang=en&Ticker=PHD.L

Some big sells today, but as someone mentioned last week, hard to tell what's a sell what's a buy what's a transfer etc.

With this silence I'm wondering if I'm the only one left holding! :-)

Well I've taken just over 0.1% of the company's shares off the market and I don't plan to give them back cheaply. I'm sure there are many more PIs who have taken a similar position since the drop. Plus we have our new iis with over 10%, so any new iis or old iis trying to re-establish a position, will have to cough up at some point!

Third warning... miningqueen is a tool! :-)

Hope would be that it's the sub 3% element of one of the seller we know about, rather than a new seller from the significant shareholder list.

Looks to me like mms are shaking out as many cheap shares as they can. If you were here for a quick bounce and the sp starts to drop back, your probably gonna cash out and hand the mms their shares back at a loss to you. They'll probably play this game till we either have news or another big buyer. I expected patients will pay off here.

https://www.proactis.com/uk/company/news/2019/march/potbelly-sandwich-works/

Seems to still be around with the 50k & 100k sells, hopefully see an after hours buy to mop up and show that there is still a big buyer out there.

Yeah frustrating day... We need some news from the company to give us a bit of a kick start here, details of the new CFO, another significant ii investment etc

I guess people are now waiting on the interim update and details of Tim's review before deciding to invest or not. Could be a slow 3 weeks if that's the case.

Not sure if you misread the rns, but there is nothing stating they have ceased growing.
"Accordingly, whilst trading in the Group's UK operations and the Esize Group are expected to remain robust, the Board now considers that it is unlikely that the Group as a whole will deliver significant growth for the remainder of the current financial year ending 31 July 2019."

Not sure many are expecting it to bounce to 200p, but I don't think 115p or there about's is out of the question. What has happened here is as a result of a number of circumstances coinciding with the end of the tax year. The rns indicating a slowing of growth, resulted in a drop which was enough to trigger the iis to drop everything and leave. They will likely have been happy to do this given year end and allowing them to offset against profits. Having a number of iis holding large percentages has made the drop all the more significant. The 30 day rule has meant no immediate bounce back. But in the coming weeks and months I see 115p being easily achieved, especially if Tim can clearly articulated the issue and how it will be addressed at the end of April on completion of his review.

650k+ sells to 94k buys today (roughly) and only 1.5% change in price... My thinking is the mms are accumulating for a big buy they'll put through next week, in the new tax year. As it happens those looking to realise a loss on the final day of this tax year have played into the mms hands a bit, by offering up the cheap shares. Hopefully things begin to pick up next week as the tax benefits of selling are removed and the market started to recognise this company is way under valued. GLA

I'm hoping the tide has turned here. The small dip against some large sells would indicate we are reaching the end of the sells. I've taken a final small top up ahead of the new tax year beginning on Monday and what I hope to be a very positive period for the phd share price. GLA

Yip, think they have played a blinder, they'll continue to buy I'm sure, but they must have taken the full 5% at low 30s. Probably them buying today knowing that the rns was coming after hrs and will push the sp up. Happy to see the shares go to iis as they will likely hold longer than some pi's looking to take 10 or 20%.

I doubt they will be out for long, next week I think we will see them come back at these prices, with their losses secured in the 18/19 financial year. The shares may just be being temporarily held so wouldn't be surprised to see then magically appear back next week.

Waow... 4.5m shared dumped... That alone is a tr1 nevermind all the other high volume days over past few weeks. Not sure whether to be excited or concerned! :-)

We had 2 buys of 20 shares, 2 buys of 100 shares and 2 buys of 200 shares... with 20 shares you're looking at the share price doubling just to pay your fees! So I'm assuming these are some kind of mm codes or something?!

I think anyone selling for a tax loss will have done so already (which you have to assume is a contributing factor as to why the share price is sooooo low). I get your point E_AL that people could register the loss then buy right back in afterwards, but I think at an ii level they will be waiting on the new tax year before throwing money this way. An ii building a position here in the new tax year will force the price up rapidly, especially if more than one is involved, throw the heard buying on top of that and we should have ourselves a fireworks display. I probably jumped in a bit early here as I expected a more immediate bounce even if it was a smallish one until the new financial year boosted it further, so an average in the high 30's at the moment, but I'll bring that down a little in the next 2 weeks. GLA