Proxama – a well-run company? Then I’m a banana

Published 37 days ago

This is comedy central. AIM-listed Proxama (PROX) put out an RNS after-hours last night (at 5.29pm) entitled Statement re Speculation and then ‘fessed up to a few problems at Companies House. I haven’t tracked down the speculation – perhaps some kind reader can point us all in the right direction. But well-run companies don’t suffer from this type of problem. The RNS read:

Proxama – from having “the right products” to sale of division in little more than 6 weeks!

Published 137 days ago

In September Proxama (PROX) was emphasising “the board is now of the single view we have the right board and executive team, the right cost structure for both divisions, and the right products either in market or in development”. Today it “is pleased to announce the sale of its Digital Payments division”. You what?...

Proxama – interims argue “exciting times ahead”. Are there?

Published 181 days ago

Self-described “leading mobile location and data intelligence expert” Proxama (PROX) “is pleased to announce its half year results for the six months ended 30 June 2017 and a trading update”. The shares though remain depressed at little more than 0.03p…

Proxama – claims now “well positioned”… but has to scramble around to reach even minimum requirement of fundraising

Published 237 days ago

Last writing on Proxama (PROX) I noted new agreement announcements now being seen through – and the shares are currently lower today on the back of “Result of Open Offer” and General Meeting updates…

Proxama – new agreement announcements now being seen through?

Published 244 days ago

Proxama (PROX) has announced an “important” partnership agreement with Rail Delivery Group, a group which brings together train operators and Network Rail. The shares have currently though responded to see them amongst the biggest fallers on the day…

Proxama – amidst current attempted confetti issuance extraordinaire, “pleased to announce”…

Published 248 days ago

Shares in Proxama (PROX) currently feature on today’s top gainers list on the back of a “Contract Renewal” announcement. Hmmm, what’s the detail here?...

Proxama – dire results, though emphasises “exciting transition” as needs to get away a confetti issuance extraordinaire

Published 260 days ago

Proxama (PROX) “is pleased to announce its Full Year Results for the year ended 31 December 2016” and “pleased to announce the successful completion of an upsized bookbuild for the placing”. Shareholders probably aren’t so pleased – the shares having responded approaching 70% lower, to 0.04p…

Proxama – not just “New Contracts”, but new “revenue generating contracts”. Ooooh…

Published 297 days ago

Having recently concluded on Proxama (PROX), the explicit inclusion of “should it require further working capital” suggests to me it very much will, I note an announcement today that the company “is pleased to announce four revenue generating contracts for its Proximity Marketing and Data Division”“Revenue generating” rather than any useful financial information hey? And an ‘RNS Reach’ (i.e. not regulatorily significant) announcement hey? Ramptastic!...

Proxama – having spent “throughout 2016” trying to sell Digital Payments division, now asks us to believe it’s “the best owner” after all!

Published 305 days ago

Proxama (PROX), 13th December 2016: “We have been reviewing various options throughout 2016 to sell the Digital Payments division with a priority being to maximise shareholder value… The company remains committed to the sale and we believe that it will be completed”Today: “the board has concluded that we remain the best owner for Digital Payments division… retaining this division as part of the group, with an updated strategy”. Haha – so having spent “throughout 2016” trying to sell the business and stating it “committed to the sale”, we’re now asked to believe that the company is actually “the best owner” for the business after all!?!...

Tom Winnifrith Bearcast - Why hasn't Deborah White been fired for breaking AIM Rules?

Published 460 days ago

I have loaded the photos of pressing the olives from the Greek Hovel HERE. There may not be a bearcast tomorrow as I am about to start travelling soon. Today I look at LGO Energy (LGO), Milestone Group (MSG) and its CEO Deborah White who has committed market abuse and should be fired, Strat Aero (AERO), Fox Marble (FOX), Golden Saint (GSR) where I suggest a rule change is needed at AIM to deal with share dumping parasites like PR genius Steffi, and Proxama (PROX).

Proxama – on the buses, but is it placing ahoy?

Published 682 days ago

AIM-listed Proxama (PROX) yesterday released an RNS Reach which described the launch of advertising campaigns on London buses. It all sounds terribly high-tech and exciting: it involves 500 buses using the company’s beacon technology and there is plenty of stuff about high click-through rates, a potential market of 2.3 billion passenger journeys a year to go for and how consumer targeting will mean adverts of quality and relevance. But…..

Tom Winnifrith Bearcast 29 January: Wandisco needs to issue an RNS NOW!

Published 779 days ago

Is Wandisco (WAND) negotiating a trade sale as I hear or is it going bust? Either way it needs to issue an RNS now. Elsewhere I wander back to the days of Turnip Townsend to discuss why deflation could be the new norm in light of news from Tokyo overnight. At a company level I cover ITM Power (ITM), Proxama (PROX), Condor Gold (CNR), Peer TV (PTV) and the over ramped shite that is Glenwick (GWIK)

Zak Mir's Bulletin Board Heroes: shares in AFC Energy, Altona, Management Resource, Proxama & Syqic

Published 792 days ago

Featuring shares in AFC Energy (AFC), Altona Energy (ANR), Management Resource Solutions (MRS), Proxama (PROX) and Syqic (SYQ) setting share price targets for all five stocks.

Zak Mir's Bull Call Of The Day No.1: Proxama: Broadening Triangle Target At 2.5p

Published 800 days ago

While one would not wish to curse the share price by suggesting that the technical setup on the daily chart of Proxama is about as good as it gets.

Zak Mir's Bulletin Board Heroes: Beowulf Mining, Fast Forward Innovations, Independent Oil & Gas, New World Oil & Gas, Proxama

Published 817 days ago

Featuring  shares in Beowulf Mining (BEM), Fast Forward Innovations (FFWD), Independent Oil & Gas (IOG), New World Oil & Gas (NEW) and Proxama (PROX) with share price targets set for all five stocks.

Zak Mir's Bulletin Board Heroes: Independent Oil & Gas, InternetQ, Iofina, Independent Resources, Proxama, Sacoil

Published 821 days ago

Featuring shares in Independent Oil & Gas (IOG), InternetQ (INTQ), Iofina (IOF), Independent Resources (IRG), Proxama (PROX) and Sacoil (SAC) with share oprice targets set for all six stocks.

Zak Mir's Bulletin Board Heroes: ASOS, Coms, Finnaust Mining, PCG Entertainment, Proxama, Tertiary Minerals

Published 823 days ago

Featuring shares in ASOS (ASC), Coms (COMS), Finnaust Mining (FAM), PCG Entertainment (PGCE), Proxama (PROX), Tertiary Minerals (TYM) with share price targets set for all five stocks.

Zak Mir's Bulletin Board Heroes - Beowulf Mining, Paragon Entertainment, Proxama, Stratex International, Wildhorse Energy

Published 958 days ago

Featuring Beowulf Mining (BEM), Paragon Entertainment (PEL), Proxama (PROX), Stratex International (STI), Wildhorse Energy (WHE)

Zak Mir's Bulletin Board Heroes - Audioboom, Blinkx, Cap-XX, Castleton Technologies, Netscientific, Proxama

Published 979 days ago

Featuring Audioboom (BOOM), Blinkx (BLNX), Cap-XX (CPX), Castleton Technologies (CTP), Netscientific (NSCI), Proxama (PROX)

Zak Mir's Bulletin Board Heroes - Featuring AFC Energy, Kenmare Resources, LGO Energy, Proxama, Stellar Resources, UK Oil & Gas

Published 1018 days ago

Featuring AFC Energy, Kenmare Resources (KMR), LGO Energy (LGO), Proxama (PROX), Stellar Resources (STG), UK Oil & Gas (UKOG)

Zak Mir's Bulletin Board Heroes - Bushveld Minerals, Central Rand Gold, Galileo Resources, Proxama, Red Rock Resources, Stellar Resources.

Published 1034 days ago

Featuring Bushveld Minerals (BMN), Central Rand Gold (CRND), Galileo Resources (GLR), Proxama (PROX), Red Rock Resources (RRR), Stellar Resources (STEL).


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