Porta Communications Share Discussion Threads

[oldie52] 24/4/2017 16:16

Management waiting for a story to tell?? How about telling shareholders how they performed last year!!
In the meantime the share price hits record lows. Still as long as DW, Stefan and co still get their huge monthly cheques why should they care

[guildedge] 23/4/2017 20:28

Under valued.

Remember there is a new board now with Steffan at the helm. So lack of trading statements is clearly a new management decision.

Most of the share price move here is based on old news. Yes we know the debt notes need reducing 60-70%. We know they have been writing down their asset values on the accounts and dealing with costs due to TTMV. There has been a lot of sells here from nervous investors. However a lot of buys from BM trust. Also Gary Wyatt whose holdings have not fallen below 5% here. Meaning he had close to 6% of stock before the share issues. He has always done RNS for holdings.

The Asian/Middle east businesses together were making over 1.5m profit last year. We know these businesses increased revenue by 11% in H1. The pound has dropped nearly 20% this year. Australia turned over nearly 8m last years. This alone should help revenue for the year rise circa 7-11% or more?

The new senior hires all appear to have added new clients to Porta. The senior hires should also help convert new contract wins. Looks like some of their existing businesses are doing well too. Publicasity has made 3-4 new hires this year. Publicasity seem to have gained 4-5 decent clients for 2016/17 including Tesco, Neff/Siemens, Feather and Black and other big retail clients. Plus Newgates clients announced in H1 results. This should easily offset any lost contracts.

The rebranding of PPS to Newgate engage has been a global branding. Even the Australian business is now using this branding for public affairs. The move to bring Thirteen under this brand too gives porta a very strong global brand with a lot to offer.

A full year loss is very likely given H1 write downs, closed business costs and the borrowed 500k here. How many of these will be one offs? What money is in the bank still? What we have seen from other PR firms is a very strong final quarter. I expect Porta to match that and push that performance into 2017. Especially with overseas investments and an increased stake in these. Also increased stake in redleaf. (Reduced payments to third parties.)

I would like to see the share price supported more here but I think the board appear to be waiting till they have a story to tell. I think any debt deal here could see the Sp double to triple in value. As the share price recovers this will give the board options on debt and many other things. Eventually I expect all the directors to pile in here. For now they need to avoid any further share issues.

[markie7] 19/4/2017 19:44

Overvalued

[qs99] 19/4/2017 19:31

Looking pretty grim IMO. £9m market cap and still all that debt to Bob M/family.

Management as you say paid a fortune and yet over promise and under deliver. About time they tried to reverse that. Not a holder haven't been for a while, but graph says it all IMO....

I sincerely hope for all holders they pull something out of the bag....
GLA

[geoffmorris] 19/4/2017 17:53

Oldie, hopefully their tardiness in getting any information to shareholders will be reflected in the way that they take their exorbitant, grossly inflated salaries!! Large salaries and share options should only be paid to those who are successful and earn them! The present management need to either show some sensible results or get out before they bankrupt the company. They have had long enough!!

[oldie52] 19/4/2017 17:34

Under 3p and still not a word from management about last year or anything else for that matter.
Is there a thread on this board with a more inappropriate heading?

[oldie52] 03/4/2017 10:41

What do you expect from a PR Company, good communications?
Who do shareholders think they are expecting info on 2016 performance! Wait until May like last year.
As the saying goes bad numbers take longer to add up

[jefftwo] 03/4/2017 10:10

Cmon PTCM lets have soon good news!!!!

[weird_dave] 30/3/2017 09:26

Lol speed, I was just thinking that when I refreshed this page :D

[speedsgh] 29/3/2017 13:31

"How low can you go,
how low can you go,
how low can you go..."

[oldie52] 29/3/2017 11:28

Down 10% today. Must have been an RNS confirming that management are still alive

[stav5001] 17/3/2017 22:50

Communications at their worst!

This has been an unmitigated disaster for all investors except the BOD

Long term chart communicates best.

[go_baby_go] 15/3/2017 19:25

Everthing above 3.75p is a BUY, shown up as a sale. More Buys than Sales.

[dbnout76] 15/3/2017 18:10

Looks to me like a few PI's have thrown in the towel with this today!

[kimboy2] 13/3/2017 18:41

An RNS confirmed that management are still alive.

[qut] 13/3/2017 18:35

Why the mark-up in the share price today?

[oldie52] 13/3/2017 08:05

It's an RNS Reach so not price sensitive.
Still any news is better than no news

[window784] 13/3/2017 07:52

New Contract Win with F&F Tesco

The Company is pleased to announce that Publicasity, Porta's wholly owned consumer public relations and digital communications agency, has won a competitive pitch to represent F&F Tesco ("F&F") in the UK and manage a network of agencies across Central Europe ("CE"), including Poland, the Czech Republic, Hungary and Slovakia. F&F offers style-led, contemporary fashion with womenswear, menswear, kidswear and activewear collections. Available in 850 stores across the UK and 966 stores in CE, F&F also has a strong online presence.

[jefftwo] 03/3/2017 15:55

YesThat has surely mopped up all the sell ordersI still don't know what's going on but be assured the Morton clan do

[qut] 03/3/2017 15:44

There's your answer jefftwo - Morton's topped up. Is he preparing to make a bid for the company if and when it becomes profitable?

[jefftwo] 03/3/2017 08:58

Thought there may have been an RNS this morning re yesterday 7m sharesAny thoughts?

[qs99] 02/3/2017 10:52

sounds great, but still no reason that they can't update the market sooner rather than later IMO...

[kimboy2] 02/3/2017 10:51

My guess is that the figures for H2/16 are much like H1/16 and PTCM are just bumping along the bottom. I would suspect that they want to give a very positive outlook statement saying xy & z have happened and we have turned the corner. The recent Publicasity win would be an example.

Perhaps a bit of financial jiggery pokery going on as well.