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Share Price Information for Porta Comms. (PTCM)


Share Price: 0.65Bid: 0.50Ask: 0.80Change: 0.00 (0.00%)No Movement on Porta Comms.
Spread: 0.30Spread as %: 60.00%Open: 0.65High: 0.65Low: 0.65Yesterday’s Close: 0.65

Porta Communications Plc Ord 1P

Porta Comms. is listed in the FTSE AIM All-Share
Porta Comms. is part of the Support sector






Share Price SpacerPrice
0.65
Share Price SpacerBid
0.50
Share Price SpacerAsk
0.80
Share Price SpacerChange
0%0.00
Share Price SpacerVolume
0
Share Price SpacerOpen
0.65
Share Price SpacerHigh
0.65
Share Price SpacerLow
0.65
Share Price SpacerClose
0.65
Share Price SpacerCurrency
GBX


Currency Issue Country Shares in Issue Market Capitalisation Market Size
GBX GB 506.53m £3.29m 30,000

52 Week High 2.75 52 Week High Date 12-JUN-2018
52 Week Low 0.65 52 Week Low Date 17-MAY-2019

# Trades Vol. Sold Vol. Bought PE Ratio Earnings Dividend Yield
0 0 0 -0.722 -0.90 0.00 0.00


London South East Users info for Porta Comms.




Date
Time
Trade Prc
Volume
Buy/Sell
Bid
Ask
Value
 

17-May-19
10:31:39
0.51
3,569
Sell* 
0.50
0.80
18.20
Trade Type:
Ordinary

17-May-19
10:31:39
0.51
3,569
Sell* 
0.50
0.80
18.20
Trade Type:
Ordinary

13-May-19
12:48:27
0.57
188,077
 
0.00
0.00
1,072
Trade Type:
Ordinary




View more Porta Comms. trades >>

Directors Deals for Porta Comms. (PTCM)
Trade DateActionNotifierPriceCurrencyAmountHolding
03-Oct-17Buy
Trade Notifier Information for Porta Communications
Rhydian Bankes held the position of CFO & Director at Porta Communications at the time of this trade.
 Rhydian Bankes
3.79GBX125,000125000
14-Dec-16Notification of Holding
Trade Notifier Information for Porta Communications
Arthur Leonard Robert (Bob) Morton held the position of Non-Executive Chairman at Porta Communications at the time of this trade.
 Arthur Leonard Robert (Bob) Morton
0067103965
01-Jun-16Buy
Trade Notifier Information for Porta Communications
Bob Morton held the position of Non-Executive Director at Porta Communications at the time of this trade.
 Bob Morton
5.75GBX500,00044936318
View more Porta Comms. directors dealings >>


Gotrader
Posts: 1,424
Opinion:No Opinion
Price:0.65
RE: Is this stock dead
Thu 22:18
Seems to me like they ran out of money. Debts and fact that their bureaucratic UK operation was churning cash.

Have to wait and see what this Sec merger does. With 10-11m debt we will get heavily diluted, Especially if all turned to equity.

I had hoped another firm might put an offer in here but it seems no one wants to come in here. They would have to pay 15m or so if they wanted to take out the debt. A merger to slash costs would really help here.

Sec released a somewhat strong trading update on 9th May. What cost savings can the 2 firms together really add here? Paying off debt could save 1m a year. Sharing locations could also save a lot. Slashing management costs would be the key here. This board of directors are costing 1m or so a year?

How much do we really trust the Italian accounts here? Their previous results showed many errors. Their full year results are due out soon?
val62
Posts: 296
Opinion:No Opinion
Price:0.65
Is this stock dead
Thu 08:53
I’ve lost a fortune on this stock
Any news,Anyone

Are the board competent?
All big names but that means nothing
Just my angry thoughts!!!!!!
Panofscouse
Posts: 128
Opinion:No Opinion
Price:0.65
RE: Full year report is out.
18 Apr '19
...so am I thank God. Worst share I've ever held.
Gotrader
Posts: 1,424
Opinion:No Opinion
Price:0.80
RE: Full year report is out.
16 Apr '19
Yes TTMV was a classic case of one big client which if they go the business fails.
Summit never really seemed to make money. Same for their European offices which just seemed to go.
Redleaf/Publicasity have done okay.
Newgate Uk has been like a lost sheep. It just seems like no one was watching what money was being spent.
The large volume of senior hires DW bought in just never seemed to cover their wages. Large bits of work can be very profitable but if they don't come in then you are just left with a large wage bill. These senior hires were on huge wages. Some of their existing staff it seems were not covering their wages either. (How can you run a business like that?)

The fact that they could find 3.6m of costs that could be removed says a lot here. That coupled with crippling loans and large rent costs made Newgate almost unprofitable. These new firms should of been integrated much sooner. Partly delayed by fact they never fully owned Redleaf. It might have been better to offer an all share buy out of Redleaf at start and strip out costs asap.

There is a lot of dividends from Asian firms still leaving Newgate. So 1.5M profit which a 1/3rd+quickly gets paid out to third parties. Even so with 1m or so buffer the UK office needed to make some money. I think the belief of the board was that they would quickly expand and find cost savings this way. It just never seemed to happen as they ran out of cash and the SP dropped. The way this merger with SEC is taking place shows how far Porta has fallen from it's 13-17p grace.
val62
Posts: 296
Opinion:No Opinion
Price:0.80
RE: Full year report is out.
16 Apr '19
I hate to say this but the board have been led by ego and greed
Look at the salaries!!
Business is simple income must exceed expenditure
Forward earnings come next to build shareholder confidence
Even before DW took over From WFCA/TTMV it was going wrong
The Morton’s have been living off reputations of old and that applies to the current CEO
Such a shame but not unusual on AIM stocks
View more share chat for Porta Comms. (PTCM) >>







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