Porta Communications Share Discussion Threads

[guildedge] 02/2/2016 16:53

Lots of trades on LSE and ISDX. 75% buys on LSE. 40buys on ISDX. Last sell was for 6.375 at 14.38hrs on ISDX for 70k share. Last buy was just over 7p around the same time.

This share was always over sold due to II. Any good news could clearly cause the share to surge. Looks like lot of speculative buying. Or the people who sold at 9-10p buying back in? Could be a number of factors. There are no huge trades showing yet.

See what late trades show up. Let's hope the II have not started back up here?

[oldie52] 02/2/2016 13:50

Not much volume. Expect it is a few of the hardy optimists buying on wishful thinking rather than sense.
No news, positive or negative and certainly nothing to trigger buying.

[qs99] 02/2/2016 13:20

Blimey, some jump....any views?

[kimboy2] 31/1/2016 18:46

The PPS had a loan note of £0.85m and Publicasity had £0.7m of loan notes.

These had to be redeemed 12 months from the time of issue which would have been last November and December.

[markie7] 31/1/2016 18:39

On redleaf, they don't have a choice when they buy the rest, it is a contractual obligation.

[guildedge] 30/1/2016 11:33

Well the PPS and Publicasity deals both involved taking over firms with cash in the bank. We know the last deal involved no cash. Many things are possible.

I am sure as this business starts making a profit they will look at purchasing the rest of these firms such as Redleaf and CAG. This is just an opinion from me based on fact directors have not been buying in at 6p and we have still had no announcement on HH stake dropping 4% in an RNS. Which makes me believe it will be announced as a bigger package with perhaps a new II to take over this stock.

See what happens in next month. They seem in no rush to announce anything here.

[markie7] 29/1/2016 18:51

All the deals are already staggered! Red leaf et al all need to be paid for in next 18 months. Not entirely clear where that cash is going to come from.

[guildedge] 29/1/2016 18:14

Well it's possible they could sell off the Australian business? They could merge with another firm? They may have found new funds? I also think they have probably built up some cash over 2015. They have been cash generative for a while now. They may also do staggered deals. Part cash, part shares with option to buy x% in 1-2 years. Don't write off any deal so quickly.

They are certainly up to something as no directors are buying in here and the II seem to be done selling for now. I think the directors are locked out. Hence why I think some announcement may be on way. I am sure Steffan would be starting his account at 6p. I expect this share to back above 7-8p soon enough. It has been over sold by the II. Hence why I topped up.

[guildedge] 29/1/2016 18:14

Well it's possible they could sell off the Australian business? They could merge with another firm? They may have found new funds? I also think they have probably built up some cash over 2015. They have been cash generative for a while now. They may also do staggered deals. Part cash, part shares with option to buy x% in 1-2 years. Don't write off any deal so quickly.

They are certainly up to something as no directors are buying in here and the II seem to be done selling for now. I think the directors are locked out. Hence why I think some announcement may be on way. I am sure Steffan would be starting his account at 6p. I expect this share to back above 7-8p soon enough. It has been over sold by the II. Hence why I topped up.

[markie7] 29/1/2016 13:30

Re the award, that was the QCA awards, sponsored by Grant Thornton. there is a panel that decides who wins what.

the only news I would say is likely is the trading update. there is no cash in the balance sheet to do any deals, which is presumably why the Capital Access transaction was effectively done with someone elses cash, hence they don't own much of it.

[guildedge] 28/1/2016 22:57

That same auditor has just made Redleaf communications PR firm of the year for 2016. I also wonder what influence Steffan had over that change? Pretty sure he will be pulling many strings in the background now.

You could be right about trading update in 2 or so weeks. I doubt they would release any major news 1-2 weeks before then. TU certainly won't be in January now. Unless they make an announcement and TU on same day? They could do 2-3 RNS in one day with intention to raise the share price quickly.

See what happens.

[markie7] 28/1/2016 21:24

Last years trading statement was second week of Feb. I'd be surprised if this year it is earlier. Changing auditors in Jan for a december year end is not a good sign.

[guildedge] 28/1/2016 21:06

Well so much for Newgate reducing it's senior hires.

'Spear joins as a director, responsible for building Newgate’s corporate, digital and business development units.'

Also note Steffan is now the MD for Newgate (December. hxxp://newsroom.newgatepr.com/newgate-communications--appoints-steffan-williams/). I have no doubt his influence is changing Newgate greatly. He was made MD in December.

The lack of news from Porta itself suggests more things are happening in the background. We had virtually no trades in last 2 days. The previous 2 days appeared to be mostly buys. Perhaps HH were merely adjusting their stake here after reducing stake in Porta by 4%?

My gut is some news must be on way as they still have not announced HH reduction in Porta stake as an RNS. Why the directors would not be buying at 6p if things are going so well? Raymond bought in at 9.5p. Others for 6-8p. My guess is they are locked out here due to some deal in the pipeline.

I actually think at 6p this is a great time to buy. (I topped up this week.) I have a really good feeling about this. Once directors are able to buy in again I think this share could rise quickly. See how next few weeks go.

[kimboy2] 28/1/2016 19:14

Acquisition by recruitment is cheaper.

[guildedge] 27/1/2016 17:12

Have they folded? hxxp://allenbycapital.com/news.html

This happened back In December. The last RNS had Sanlam Securities on the bottom of it. Unless something has happened since?? I really doubt they would simply roll over and leave all their clients in the lurch.

Quiet day on Market today for Porta. It's almost like they are waiting for news? TU tomorrow seems unlikely.

[markie7] 27/1/2016 14:08

all the clients are going / have gone to allenby with the sanlam corporate staff.

[pelliot] 27/1/2016 13:39

Has Porta got a Nomad and broker now Sanlam has folded or will they get suspended?

[guildedge] 23/1/2016 17:07

It went down to 6p before and the directors played it perfectly with the shares bouncing back to 9-10p. It also appears the directors may be locked out now or just waiting for a bargain? Can't be year end final as that is 3-4 months off.

Overall a lot of scared investors here. Yet no bad news has actually been announced. 90% of the sells have been from HH from what I can see.

What has really changed since that II article?? Only HH and Ruffers reducing stake. This could be more down to the market rather than the performance of the shares.

[qs99] 23/1/2016 07:30

chart looks awful...IMO..

[markie7] 22/1/2016 21:23

Hmm, market is normally right with chart like this.

[guildedge] 22/1/2016 21:17

Not overly worried. It's all down to no news and a II selling out. Could really do with a trading update or some news soon. I think share price will recover on Monday to above 6p. Short term we just have to sit this out.

[markie7] 22/1/2016 18:33

All time low close? Not sure

[qs99] 18/1/2016 19:00

Will be interesting to see if any disclosure required by anyone "hoovering up stock."...otherwise being sold to various and no stake building IMO.....as for new clients, PRs love to let people know in likes of PR week so if anyone has seen that mag please let us know if there has been "lots of new clients.."..surprised no trading update IMO, and also surprised at change of auditors.....disappointed by share price like everyone else....next RNS key IMO to credibility...good luck...

[guildedge] 18/1/2016 18:03

I would not be selling at this price. It's clear someone is soaking up all the stock here. Nearly 825k of stock has been cleared by HH? over 2 days. It's not as though the Porta website had not already told us about this. 300-400k a day and this will be over pretty quickly. The share actually nudged higher today. I might actually increase my holdings at these prices. Once HH stops selling the buyers will stream in at this bargain price.

II selling up is just one of those things. I am sure we will get news soon enough.

As for clients lost/gained. Tough call as you don't know the true value of clients lost/gained. They could be on different margins too. It may be they were not paying up too.

A PR firm doing a press release about lost clients? I did laugh at that idea. Thanks for that.

My gut is we will get a trading update between now and end of February. I would prefer some news of what they are doing in background. Might help calm investors.

[markie7] 18/1/2016 10:57

haha. thanks for the lesson on RNS's! I had no idea.