Keyword results: Formal sales Process

EUA
EUA
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Eurasia Mining – surely time for a sale update as shares continue to slide

After the longest formal sales process in UK stockmarket history (315 days), Eurasia Mining (EUA) announced on May 14 that it had received no actual bid. But at least the hope of one had allowed it to get a bailout placing away at 22p, notwithstanding pledges months previously that it would be paying dividends. Then what happened?

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EUA
EUA
PREMIUM CONTENT

Tick Tock, tick Tock – Remote Monitored Systems & Eurasia Mining

Time it goes by and yet there is no news of import from these two monumentally overvalued darlings of the Bulletin Board Moron community. The silence is deafening and that should be alarming even the most moronic or morons. Or maybe they are just too moronic…

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PHD
PHD

Proactis – formal sale process ended due to encouraging new strategy? Or…

Previously writing on Proactis Holdings (PHD), last month with the shares at 48p I concluded that a shareholding here at this juncture still looks more like gambling than investment to me. Today “Conclusion of Formal Sales Process”

PHD
PHD

Proactis – return to annualised recurring revenues growth… Or not…

Spend management software and services company Proactis (PHD) has updated including commencing “the group's announcement on 29 April 2019 outlined a revised strategy that included improving the rates of winning new customers and the retention of existing customers. Since then, the group has restructured its operations and the board is encouraged to be able to report that the group has delivered well against this strategy during the six-month period to 31 January 2020” – and the shares have responded to 48p, 20% higher, though still well down from more than 100p even less than a year ago…

PHD
PHD

Proactis – “encouraged by the group's performance”. Hmmm – really?...

Spend management software and services company Proactis (PHD) has updated including “we are encouraged by the group's performance and especially the level of cash generation in the second half of the year… we expect this level of cash flow performance to continue as the group delivers on the benefits identified during the operational review” and that a formal sales process has seen it having “received a number of expressions of interest”. The shares are though currently slightly lower to 50p – and also comparing to more than 100p as recently as February…

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