Share Name Share Symbol Market Type Share ISIN Share Description
Porta Comms. LSE:PTCM London Ordinary Share GB00B71C7K21 ORD 1P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  +0.00p +0.00% 3.50p 3.25p 3.75p 3.50p 3.50p 3.50p 0 07:43:08
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Support Services 37.1 -5.1 -2.2 - 11.41

Porta Comms. Share Discussion Threads

Showing 11001 to 11025 of 11025 messages
Chat Pages: 441  440  439  438  437  436  435  434  433  432  431  430  Older
DateSubjectAuthorDiscuss
21/7/2017
20:31
Yes looks good. The CEO did say that H1/17 was 'substantially ahead' of last year and internal expectations. What that meant is anyone's guess. They haven't rushed ahead with the fundraising they were given authority for at the AGM. Perhaps that indicates they expect the share price to rise. I would expect some sort of TU soon, so perhaps we will find out.
kimboy2
21/7/2017
17:59
hxxp://www.odwyerpr.com/site_images/Mergermarket-Rankings.pdf Worth a read. Look at the Asian league tables and values for Newgate. Also have a look at Releaf deal count. Also Global league tables. Strong H1 2017?
guildedge
19/7/2017
17:39
I am starting to feel positive about ptcmDon't shout me down it could be my mid life crisis
jefftwo
14/7/2017
19:24
More like just battered and weary.
stav5001
27/6/2017
17:12
I still look here but no one is posting. I guess they got bored or found another share to follow.
guildedge
27/6/2017
07:56
Even the poor disgruntled PI's have stopped communicating.
stav5001
08/6/2017
17:50
Porta look likely to secure a loan facility with a bank for 2.3m. At rates circa 3.85%+ libor. So maybe banks will lend to Porta? Hmmm.
guildedge
26/5/2017
16:02
Surprised the sharks are not yet here
shareho1der
20/5/2017
12:58
Interestingly on the FT site the Ruffers holding of 5.71m shares was pretty much the same time that Emma Kane notified the market a day later she had sold out. At time I estimated she had sold around 6m shares with her partner. So I think Ruffers bought out EK. With GW buying out another major stakeholder at same time. Why else update Ruffers holdings on FT site for 15th of Sept. That is no random date. So HH likely bought out the major investor that sold around May. At time I had commented someone had been buying shares in the background. Overall the only fund not to buy up more stock here seems to be Fil. All the 3 other major investors have been buying up. Assuming Ruffer didn't always have those 5.71m additional shares. Interesting how the jigsaw here is fitting together. Especially if Ruffers had been buying again? So most of the trades we have seen here in last 10-12 months have been funds/ major investors trading shares. A lot of assumptions in the above but it all adds up.
guildedge
19/5/2017
23:22
Well we knew someone had been buying large volumes of shares. I have speculated in past we had at least 2-3+ buyers in the background due to over 30m shares being sold/bought here. It appears GW and HH have bought the bulk of the sold shares. Unclear if HH are still buying or not. An RNS from them would of helped the shareprice here. Why would Porta hold back on this? Bizarre. Even more encouraging as HH were the biggest shareholder selling 1-2 years back. I remember many commenting on this. What has HH seen that we all missed here?? Edit - https://markets.ft.com/data/equities/tearsheet/profile?s=PTCM:LSE FT seem to suggest HH held 8.15% since 02/06/2016. So 2-3m before EK sold her shares. Note also Ruffer LLP listed on this site with 5.71m shares. On top of Ruffer (Asia) Ltd. with 13.71m shares. Again unclear if Ruffers have also been topping up or just held shares in 2 funds? Although this site suggest FIL have sold some shares. The RNS from end of Jan disputes this. The results do too. It's unclear how the FT update the time stamps for holdings here. Strange no one mentioned HH before increasing their holdings. Yet FT seemed to know almost a year ago?
guildedge
19/5/2017
23:10
Interesting and Thank you GuildNo secrecy to the chosen fewWish I was one!!!
jefftwo
19/5/2017
22:32
Note on major shareholding update from the released results on 15th May. Hawk Investment Holdings Limited 60,157,648 - 18.45%. Hargreave Hale 26,577,514 - 8.15% Fidelity 16,071,539 - 4.93% Retro Grand 18,326,389 -5.62% Ruffer LLP 13,714,413 - 4.21% Stephen Byfield 14,871,230 - 4.56% Gary Wyatt 15,000,000 - 4.60% List updated 03/05/2017 on their accounts. Not yet updated on the webpage. The only mover here is Hales Hargreave. They used to have 5.39% according to the website. Really this stake was closer to 4.6%. Now it's 8.15%! So HH are likely one of the big buyers in the background. Adding around 11.5m shares this accounting year. As they don't do RNS it's hard to tell if they are the buyer snapping up the 250k chunks here. What do HH and Gary Wyatt know?? So much for all the major shareholders selling up here. Far from it many are almost doubling up. The main accounts is available from the Porta website. Happy reading all.
guildedge
15/5/2017
15:26
Maybe be this will rise above 5p
go_baby_go
15/5/2017
14:43
Looking brighter!!! Thankfully
jefftwo
15/5/2017
11:30
short of stock.. Thus the rise..There is a 644K late buy just gone through
go_baby_go
15/5/2017
09:23
someone buying it would seem...
qs99
13/5/2017
15:27
can't see that happening, but would be amazing if they issued them at 5p or even higher....you can live in hope gbg....! DYOR...
qs99
13/5/2017
15:23
Hopefully the extra shares will be issued at a higher price. Only when needed.
go_baby_go
13/5/2017
08:49
The announcement says that there is £3m for working capital to fund growth, 4.43% of Newgate Australia and 15% more of Redleaf. I expect someone can probably work out what price they are expecting. I agree with much of what Paul Scott has to say. David Wright has been useless. The exceptionals do seem to have gotten unexceptional. The balance sheet isn't great. However I do think that they have some good people. They just have to get themselves into a genuine profitable situation and the world will seem different. If you allow for 'exceptionals', D&A and impairment then they were profitable in H2/16, which frankly doesn't mean much. I think the only thing that is allowable is amortization. Hopefully the rest won't recurr and hopefully the 'substantial' increase in business will drop down to the bottom line. Perhaps we may find out with an AGM statement in a month.
kimboy2
12/5/2017
20:30
Yeah not a great review from Paul Scott. Porta have been writing down assets somewhat aggressively and this has exacerbated the losses here. It's been very hard to judge how the underlying business is doing. Excluding exchange rates their like for like figures were up 4%. Some of these costs from new hires will have impacted cost figures too. The exchange rate part explain Newgate PTY (Aus) 40% increase in revenue to 10m. We know the pod businesses are making over 2m combined. As for Newgate UK. I think if these hires are now proving their worth. It will have a strong impact in 2017. They have already stated 2017 is substantially ahead of 2015/2016 and their own forecasts for 2017. They plan to issue 160m shares. 3m of this appears to be for debt. The rest appears to be for acquisitions of pod businesses. So it's not a full 50% dilution for 3m as they are acquiring chunks of Newgate Aus/ HK?/ Singapore? and Redleaf? We know they are obligated for at least 3 of these in 2017. It would make sense to do it in one go. If they can lower the debt coupons in the process that is not bad news. We could use more details here. From the results these payments to the third party owner came to nearly 900k. Adding 500-600k back to Porta bottom line would be a big boost. They still appear to have about 1.8M cash equivalents in bank. If they get 3M more they could almost be in a position to pay off 5m debt? Which in turn adds another 600k+ to bottom line. I really can't see directors buying any shares here when they are in negoitiations over debt and acquiring more chunks of pod businesses. That will pretty much lock them out as it's market sensitive information. Yes Porta have issues to resolve here. I don't think it will happen over night.
guildedge
12/5/2017
18:54
It looks as though their Executive share incentivisation plan last year didn't work. I expect that they will want to reset the hurdles.
kimboy2
12/5/2017
15:09
I would suggest they are unlikely to splash any personal cash when there is a 50% share dilution in the offing. If you're lucky, they might subscribe for a few as a gesture in the fundraising. Aimho
speedsgh
12/5/2017
12:17
Are we going to get any Director purchases to show that they have faith going forward with this new set up.
go_baby_go
11/5/2017
14:20
- From Paul Scott’s Small Cap Value Report Blog Porta Communications (LON:PTCM) - just a brief comment, as I consider this share uninvestable. The main reason is its car crash balance sheet. The capital structure is all wrong, with Bob Morton's expensive loans propping up what would otherwise be an insolvent group. The P&L looks awful too. The adjusted EBITDA numbers are meaningless here, as we've seen before how aggressive the accounting is. Every year there are loads of restructuring costs, and other items which are massaged out of the way. The reality is that this company doesn't really make any money. Anything it does make would be needed to repay the expensive loans. Overall then, I think the existing shares are worth nothing as things stand now. At some point the group has to do a financial restructuring. It's a safe bet to assume that Bob Morton will come out on top. So why put your money lower down the financial hierarchy than this known sharp operator? I think the Board departures here were positive. Maybe new management will be better? Their main priority is to sort out the horrendous balance sheet, and the whole capital structure. On the upside, current trading sounds good. If management is able to convince a different lender to finance the repayment of Mr Morton's loans, then there could be light at the end of the tunnel. Do I want to punt on that happening? No.
markie7
11/5/2017
11:09
Welcome to the world of dilution... 50% dilution. "Despite generating £1.2m of net cash from operating activities (2015: £1.3m), year-end net debt was £7.6m (2015: £6.2m). It is clear to the current Board that an equity injection of up to £3m should be sought to support ongoing growth, and discussions with strategic investors are underway to enable this to happen. To this end, in order to maintain the Group's flexibility to raise further funds for such an equity issue, as well as being able to issue shares in relation to legal obligations that already exist including contracted follow-on acquisitions, the Board proposes to seek authority at the forthcoming AGM to issue up to 163.1 million new shares (being approximately 50% of Porta's existing issued share capital) with 130.4 million of the authority to issue new shares (approximately 40% of Porta's existing issued share capital) being on a non-pre-emptive basis."
speedsgh
Chat Pages: 441  440  439  438  437  436  435  434  433  432  431  430  Older
Your Recent History
LSE
GKP
Gulf Keyst..
LSE
QPP
Quindell
FTSE
UKX
FTSE 100
LSE
IOF
Iofina
FX
GBPUSD
UK Sterlin..
Stocks you've viewed will appear in this box, letting you easily return to quotes you've seen previously.

Register now to create your own custom streaming stock watchlist.

By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions

P:32 V: D:20170728 00:54:38