Porta Communications Share Discussion Threads

[pelliot] 29/3/2016 13:45

VCT's exiting after the £4m fundraising in Q1 2013 apparently - their three year lock-in is up. Not a great thumbs up from institutions again!

[salpara111] 29/3/2016 12:40

As an investor I am very impressed by the new share incentive scheme!
Management will refuse to make any further acquisitions until they are showing clean below the line profit and are in a position to start paying a divi which is exactly what needs to happen.
A year or two of organic growth without a never ending stream of "exceptional" costs associated with acquisitions is what is required to put the business back on a firm footing.
Fortunately a bombed out share price means that there can be no further fund raisings and hence no new acquisitions which is the first key ingredient in the puzzle.

[davidosh] 29/3/2016 10:58

Frankly...I do not think investors are very impressed by the new share incentive awards and I am not surprised. Watching AND possibly waiting but I will need to meet management before investing here.

[jefftwo] 29/3/2016 08:38

What's going on here?A sell off at any price?

[guildedge] 25/3/2016 13:48

@ Gotto. Quite right that was a typo. Should of read 5.8p. I wasn't trying to mislead anyone here on purpose.

Agree with Kimboy I would too like to see a profit in 2016. Or some serious sign they are turning this around.

I really doubt the results will be moved forward. Why should they panic due to share price and a seller. See what happens in next few weeks.

[kimboy2] 24/3/2016 23:23

Iam not really interested in who is buying and selling. All I am interested in is how much profit they will make.

Basically they have to increase revenues quicker than they increase costs. So far they have failed to do this.

[oldie52] 24/3/2016 21:13

guildedge. If the Directors were desperate to buy at these bargain levels they could always bring the results forward. Why it takes 5 months to add them up is beyond me

[gottopickapocketortwo] 24/3/2016 20:17

The trade on isdx was at 5.8p . Just to clarify ...... Not 6.8p as posted.

[guildedge] 24/3/2016 19:05

I am not so sure Markie. If it does drop further the buys and sells will get bigger. I wonder how many shares the seller actually has left? We have guessed but it may be a lot lower than we think.

One thing is certain now. The directors are now locked out till the results.

[markie7] 24/3/2016 17:21

This is going to continue to drop. It's obvious

[guildedge] 24/3/2016 17:10

Well I am not sure they are both sells. One could be a buy?? There is a trade at 16.08 for 6.8p on ISDX. Is this a buy or a sell?? Go figure. We could yet get a late trade. I hope both 250k trades are sells. Clears up more sell trades esp if HH.

[jefftwo] 24/3/2016 16:13

There is my answer

[jefftwo] 24/3/2016 15:48

Yes GuildeEvery time it drops someone buysYet there seems to be zero sells

[guildedge] 24/3/2016 14:07

Happened again today. Share dipped below 6p and the mystery buyer snapped up 100k in shares.

[guildedge] 24/3/2016 10:45

I think Porta won't go much below this price as there are a lot of large investors happy to buy in at 6p. Directors most likely included. Sure HH are not cleared yet but that will gradually happen. When they reach a certain stock level a deal may be agreed for the rest of their stock. Nothing major will happen till after the renumeration in my view.

Once HH are cleared and assuming the results show losses were mainlyy due to one off costs then this share can recover. Still expecting a loss of at least 2.2m. Anything below that would probably be a good thing.

[jefftwo] 24/3/2016 08:20

Just reading another forum where an investor of Ptcm has suggested that the revenue/market cap ratio is a no brainer for investors at this SPDoes actually make sense imho

[guildedge] 23/3/2016 21:01

Not knocking Cello. I recently posted something positive on the Cello page on ADVFN. The VAT issue will be a one off you would hope.

[qs99] 23/3/2016 20:08

But cello has a yield, growth and management not ripping it out of the business IMO....and net debt nearly gone..dyor...

[guildedge] 23/3/2016 20:04

Well my view would be there was a shortage of stock in October hence the share price shooting up to over 10p. Secondly he had only just started in the job. We don't know what if any savings he may have? I also think if he knew HH were reducing down he would of wanted to wait. Then we have to consider how long they have been in discussions with other firms?? Things are never as clear as they appear. This is a PR firm. They always time things well.

One logic on the acquisitions is they will wait till after the renumerations have been voted in. A subdued share price may well help that vote get through. Then a week later announce the first acquisition?? See what happens.

Looks like Cello dived 8-9% today. The issue over the VAT figure is unresolved. It can happen to the best of shares. Good time to buy in? Hmmmmm. Even Cenkos was down nearly 6% today. Lot of shares suffering today. PTCM due to a selling II.

[oldie52] 23/3/2016 19:10

Doesn't explain why he has not invested in Porta. He has had plenty of opportunity over the last few months
Still he generously accepted free options!

[guildedge] 23/3/2016 17:15

Mike - He can't buy in as they are in a closed period due to acquisitions. Come March 28th they are locked out due to 2 months before final year results.

[mikemo2] 23/3/2016 15:08

never invest what you are not afraid to lose

no wonder Steffan Williams hasn't bought any shares

[guildedge] 23/3/2016 14:29

Been following the trades for last 3 days. My gut is that shares are being set aside by the MM for an investor or director at a later date. This would explain why the share barely moved on Monday. Today someone has cleared 450k of stock. It was no coincidence when the buying started just after 1pm. The trades are mostly planned at a set price. It was odd today that the share rose at one point with no actual buys showing on LSE or ISDX.

My gut is the 12M or less shares HH have left will be cleared up quickly. Assuming they are the seller.

If the share price was the issue with the acquisitions I am sure they would of paused to let directors buy out HH stock. I don't believe that is an issue. There are ways around that. If they do plan to announce an acquisition it is looking more like April now given the closeness of Easter. See what happens here.

I agree about nervous investors here Salpara111. I get nervous at times but I can see the overall picture so I am not too worried. Reality is never invest what you are not afraid to lose.

[oldie52] 23/3/2016 13:55

guildedge. You keep banging on about acquisitions but until the share price is a lot higher than it is they wont be able too. Who would sell their business in return for 10p shares when the market price is 40% lower. And even Porta aren't stupid enough to pay cash for a people business. Or are they?

[salpara111] 23/3/2016 12:44

The fundamental problem is that there are now a very large number of investors who are totally fed up, myself included, who will sell as soon as there is any real strength in the share price
For me b/e is 8p which I imagine is quite a lot lower than most but if the share price manages to get back to that level I will be out in a flash.
The business does appear to be moving forward but without institutional interest the share price is going nowhere.
I would guess it would only take about £500k of buying to see the share price back to 9.5p which would be small beer divided between 2 or 3 small cap fund managers but they don't seem to be able to drum up that level of interest.