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% 3.10p 3.00p 3.20p 3.10p 3.10p 3.10p 29,574 08:00:00
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Support Services 37.1 -5.1 -2.2 - 13.74

Porta Comms. Share Discussion Threads

Showing 11001 to 11025 of 11025 messages
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DateSubjectAuthorDiscuss
11/1/2018
21:35
Can't see any value in a TU as stakeholder/funds are still exchanging shares in the background. Lots of test sells this week for 2-3k shares. A TU would not shift the share price unless they had truly amazing news. The stakeholders selling would merely use it to sell more stock. Plus pretty much no private investors trading shares here. 90-99% arranged trades in my view. With Summit being closed down that will not have a good impact on the accounts. Albeit I think it's revenue and staff levels were not huge. It was likely losing money anyway. Newgate Australia sort of made the imapct small as it's profits are soaring based on H1 figures. There are a lot of big investment projects in Australia government ongoing. These are worth 20bn plus in some cases. Porta will be advising on a lot of these. Hence why Newgate Aus revenue and profits have been soaring this year. Albeit only 60% of these profits comes back to Porta. H2 could be really strong in Newgate Australia if the government fees come in strongly. See also how their new office in Australia performs. The question is will the Aus performance offset the UK operations? The cost of the HQ and loan at 8% is still choking Porta's bottom line. That and the cost of the management team. Come Summer they should fully own Redleaf and this is making over 500-650k profit. Albeit another £1m to be paid out for last 20%. They had the option at end of the year to buy 33% of CAG. Unclear if they have done this. Further share issues for Newgate Aus/HK and Singapore too will likely follow. Be crazy not to buy up more of Newgate Aus. If Sec can takeover Porta, reduce costs, find big cost savings by sharing offices with Newington and cutting out management this could edge Porta closer to a profit. See what happens in 2018.
guildedge
05/1/2018
18:49
No news for 2 months. Unlikely to be a trading update and full year results last year were rushed out in May! communications at their best????
oldie52
11/12/2017
15:52
SEC have had a GM on 17/10/2017 to ask permission to raise 4m within next 5 years and permission to increase board directors from 9 to 11. This is for strategic and capital needs. hxxp://secglobalnetwork.com/investors/ They appointed a UK director at end of November. Pretty much same time Newgate appointed Australian director. SEC already have offices in UK and Edinbrugh like Newgate. So cost savings possible here. SEC also have 6m cash equivalents so are not short of money. It would seem strange to me for them to take a 19% stake in Porta without following this through. The timing of director hires here seems very similar. 4m Euros won't pay off Porta's £8m debt but could aquire 25% of Porta's shares. Maybe all these events are not related. The lack of news from Porta makes me suspicious. Maybe SEC are intending to buy another firm? That's not impossible but Porta make a good fit here. Have you also noticed how Porta's share price has not moved in almost a month even with all these sells. My guess is someone is buying up stock in the background. Perhaps a large buy order? SEC now seem a possible buyer for these shares. See what happens in next few months. Last December SEC paid for a Polish PR firm.
guildedge
17/11/2017
10:06
Not much news here. Australian director seems an interesting move given that is where they are making the most money. Looks like Newgate Aus is dealing with the Common Wealth Games. Lucrative government contracts seem to be helping them greatly. I was impressed by the huge Austrlian growth in H1. Not so much by the UK performance. Albeit gross profit had barely moved when revenue fell. Not sure what news if any we will get from Porta till May 2018 now. Maybe a trading statement at some point? I think Sec were also going to appoint a further director to the board? Some news on how that partnership is going would be good. News on CAG too as that has terms for December 2017. Would they buy an additional third? We seem to be getting 1-2 RNS a month at present. See what happens here I guess.
guildedge
29/9/2017
09:02
so £17m market cap, £8m debt at end of august, £25m EV and still loss making? Fair enough headline EBTIDA and GP growth is decent, but surely they need to be doing £3m++ EBITDA to get near to justifying that valuation? IMO and DYOR! Patience required....
qs99
28/9/2017
12:03
I assume they will be announcing their interims tomorrow. The silence has been deafening!
oldie52
03/8/2017
16:14
Need to digest the RNS in full. Looks like this firm will either look to takeover Porta or merge. Sec turnover is 22m. Porta's is circa 37m. SEC have been doing a lot of acquisitions lately. A lot of Porta's losses come from write down of assets and bad debts from closed businesses. Hopefully this deal will offer some cost saving and opportunities for cross selling products across the 2 networks. It sounds like Steffan has been planning this for months. 8% loans still seems high to me but it is better than 13%. Should save Porta circa 500k a year based on a 10m loan. The dilution at 3.5p is a worry. I was expecting over 4p. At present it would not take a very high offer for the Italian firm to take over here. At present the directors seem mostly locked out. Especially with further share issues planned here. They planned 160m share issue. Most of the board now don't own any Porta shares. So they will not be worried about dilution. Porta needed the 3m. They have a further 20% of Redleaf to buy and a 33% stake in capital access group at end of the year. Not sure it's currect value. Plus loan costs of CAG to pay off. Plus further stakes in Aus/HK and singapore? Yeah it does not sound like they are planning to report a profit in September if still talking ebitda. I think we all knew that revenue and ebitda would be ahead of last years given upbeat trading statement with the results. Still appears to be sellers in background here.
guildedge
03/8/2017
15:27
Patience might be but I don't think time is. We knew a fundraising was in the offing. They look to have done a good job of it by tying in with someone who may actually help the trading performance. I presume a merger is on the cards at some stage.
kimboy2
03/8/2017
08:57
Time is running out for PORTA
go_baby_go
03/8/2017
07:39
well they talk of "adjusted headline" etc so looks like PTCM is still some way off showing clean figures,....again DYOR
qs99
03/8/2017
07:31
They have to show profit this time round. Otherwise it will be a sinking titanic
go_baby_go
03/8/2017
06:29
Deck chairs on the Titanic or good news? Lots of dilution but not sure what the upside is.
oldie52
21/7/2017
19:31
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
16:59
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
16:39
I am starting to feel positive about ptcmDon't shout me down it could be my mid life crisis
jefftwo
14/7/2017
18:24
More like just battered and weary.
stav5001
27/6/2017
16:12
I still look here but no one is posting. I guess they got bored or found another share to follow.
guildedge
27/6/2017
06:56
Even the poor disgruntled PI's have stopped communicating.
stav5001
08/6/2017
16:50
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
15:02
Surprised the sharks are not yet here
shareho1der
20/5/2017
11:58
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
22:22
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
22:10
Interesting and Thank you GuildNo secrecy to the chosen fewWish I was one!!!
jefftwo
19/5/2017
21:32
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
14:26
Maybe be this will rise above 5p
go_baby_go
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