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Yeah it's on vox. Tim is on a podcast there too today. Suggesting there is further positive rns to come over next few months!

Reading the ********** article linked below this contract could be of way higher significance than I initially thought as it sounds like from the statement below that the bepayd product itself will be made available to the 65,000 suppliers (to offer accelerated invoice payments to their suppliers) rather than just used by Expertbuy to offer accelerated invoice payments to the 65,000 suppliers. "bePayd will therefore enable Experbuy’s suppliers to quickly pay an approved invoice, in return for a small discount, which is perfect for the ‘long tail’ of small suppliers in the supply chain." The fact it say "enable Experbuy’s suppliers to quickly pay an approved invoice" rather than receive payment against an approved invoice, suggests that each of the 65,000 suppliers will have use of bepayd. How is everyone else interpreting this?

The RNS does clearly state that "This contract is for Experbuy to deploy bePayd for use by its own suppliers, which aggregates to approximately €180 million of annual spend across 65,000 suppliers." However, as mentioned I had assumed that it was for the suupliers to receive accerlarated payments rather than be able to offer accelerated payments to their suppliers.

https://www.**********.co.uk/articles/proactis-holdings-signs-first-contract-for-its-payment-service-bepayd--7b1038d/

This seems like a great company for the bepayd product. Hopefully they will see the benefits and start to recommend it to their clients very soon and bepayd could begin to take off from this one deal alone. Also like the mention of the pipeline of clients, exciting to watch this one build.

Followed by another 250k so 400k total. Not showing on this site, have to go here https://www.londonstockexchange.com/stock/PHD/proactis-holdings-plc/trade-recap

Excellent first comment Johnny! :-)

Decent big buy through after the bell 42p. More good news!

https://www.proactis.com/uk/company/news/2020/december/university-of-essex-extends-its-proactis-solution/

No updates on the company website, no rns on the board appointments or bepayd. Surely we're due some news this week?

MM's are twitchy these days, when a bit of buying comes through they put the buy price way beyond the ask to slow any momentum. Can only hold the pressure for so long, couple of bit of decent news and we'll re-rate.

The games are underway!

As we know people tend not to sell while it's still rising, but will sell when it starts to drop. It doesn't look like many share fell out the tree to be honest, they should try shaking again a lot high up. Most pi's here probably have averages higher than this and have held way too long to sell at these levels, especially given everything is pointing to the business turning around. There may be a few ii's who have averages which would allow a profit at this level, but i doubt they would be interested in 10% - 20%, not their game really.

would take that as a starter.
One thing which i though was interesting from the Vox interview last week was Tim's view on the debt. He highlighted that the debt should become less and less of an issue quite quickly as revenue increases which will filter through to more profit to reduce the debt burden, but also with increased revenue the debt ratio will automatically look much better too. When considering the significant increase in TCV over the coming months and year which Tim quoted and how that filters through to an increased ARR, we should really start to see improved figure from this point forward...40p is going to be looking very cheap in the not too distant future.

Certainly some tricker at play in the last hour here, looked like an attempt to calm the rise. I was only being quoted 40p for any dummy sells i put through but for anything up to 100k share. On the flip side I could only buy 5k share at 43p, anything more jumped to 45p.

As we haven't even seen any large buys or significant volume i can only imagine that there is a big order sitting in the background to be filled. Most are holding pretty tight here though which is good to see. If after the ii Webinar we have a new ii interested in taking a percentage, they may have to pay a much more reasonable price that Dbay have. Not may shares have been sold since the rise started.

The CFO last bought in March, which is a fair while ago now.

I think if there was a time for dbay to make an offer it would be now. The past 20 months or so have all been turning the ship, going by the TCV increase in times of covid the new strategy seems effective and bepayd is now functional also. Bepayd has great potential, but even if it's moderately successful it's still additional income and selling point for the proactis offering. So I think if anyone was interested 1 year ago, they'll likely be more interested now as the share price hasn't changed and the company has advanced significantly and is starting to prove its strategy in the toughest of times. Now would be the time to pounce for a cheap takeover.

Not sure if the webinars last week were an attempt at a defensive move by the board to drum up some interest and push price up to avoid a low ball offer, but they are still 3-6 months away from being able to provide enough proof of the strategy being effective for that to work in my opinion. Interesting times.

How they managing this?

Maybe... But who is going to sell here? We've been through a lockdown already and proactis continued to increase new business even during lockdown albeit not at the rate expected before covid arrived. Compared to many businesses proactis has coped very well with covid. Don't see what the benefit in selling here would be, but I'm fine if people do, I'll take their shares as 6-12 months I think we'll be nudging £1 here. Webinar was positive, I am think 3-12 months for re-rate.

YHAL where did you get the info in bepayd?

Results lacked any new info.. hopefully that's a line under the transition phase and going forward we are into the growth phase with far more positive results... Fingers cross that is the message iis are getting at the moment in their presentation which will obviously differ from ours tomorrow or they wouldn't bother doing two separate versions. Seems a bit unfair but if it gets additional ii investment I'll be happy.

https://www.proactis.com/uk/company/news/2020/october/bedford-borough-council-reduces-invoice-processing/

https://www.proactis.com/uk/company/news/2020/october/proactis-positioned-gartner2020-p2p-magic-quadrant/

Couple of interesting statements in the update... 'expects to see momentum build despite Covid-19 as it continues to roll out its new go-to-market strategy in the coming years.' and 'The company serves over 1,200 enterprise and mid-market clients and 2 million suppliers across 100+ countries.' Statement has always been 1,100 until now, so good to see that number increasing.

Bought some more today at close, I expect the results to show that the core business is doing well with some strong new deals reported. The bepayd situation... who knows?! The guys who have left were focused on development, so perhaps no big surprise, but would be good to even know what the plan is for bepayd, it's been unclear since the outset. However, it's the progress of the core business that's important and I expect to see further signs of improvement. I don't think we would be getting analyst and retail webinars otherwise. I may be wrong, I had expected the share price to improve well before now.