The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
London South East prides itself on its community spirit, and in order to keep the chat section problem free, we ask all members to follow these simple rules. In these rules, we refer to ourselves as "we", "us", "our". The user of the website is referred to as "you" and "your".
By posting on our share chat boards you are agreeing to the following:
The IP address of all posts is recorded to aid in enforcing these conditions. As a user you agree to any information you have entered being stored in a database. You agree that we have the right to remove, edit, move or close any topic or board at any time should we see fit. You agree that we have the right to remove any post without notice. You agree that we have the right to suspend your account without notice.
Please note some users may not behave properly and may post content that is misleading, untrue or offensive.
It is not possible for us to fully monitor all content all of the time but where we have actually received notice of any content that is potentially misleading, untrue, offensive, unlawful, infringes third party rights or is potentially in breach of these terms and conditions, then we will review such content, decide whether to remove it from this website and act accordingly.
Premium Members are members that have a premium subscription with London South East. You can subscribe here.
London South East does not endorse such members, and posts should not be construed as advice and represent the opinions of the authors, not those of London South East Ltd, or its affiliates.
I have been a holder for several years and i have a high average.i cannot understand why this share isnt moving upwards. Ivery rarely post but i would appreciate a proper explenation. I have read loads of nessages saying not on the radar. iI s need toinvest. These are not proper answers there must be something else. Does abyone know.
http://www.gorkana.com/2016/07/telecoms-firm-toople-appoints-redleaf/ 'Redleaf Communications will act as financial, corporate and trade PR adviser to telecommunications service provider Toople.' As ever brief covers 2-3 areas. Which seems to be very common in all Porta's new contracts. Multiple services under one roof.
http://www.consultancy.uk/news/12286/global-ipo-activity-sluggish-as-companies-deal-with-uncertainties This is an excellent article that illustrates the lull in IPO's may be short-lived given investor appetite and continued low interest rates. The current exchange rate may also encourage overseas investors who see value in UK-based companies. Q3 may be weak but Q4 2016 looks a lot healthier and 2017 could well see a knock-on rash of IPO's as stability progresses and Brexit turns distinctly positive as September results season kicks in. Porta could find itself in a very sweet spot after the economic uncertainty disipates IMO. The company starts from a very strong position after 5 months initial trading and can weather a summer blip as it traditionally the weakest quarter of the year.
Newgate now has global strength and recognition especially in the Far East and Australia (where it is a leader). In the UK it has absorbed acquisitions and operates under one roof whilst retaining individual specialities like Publicasity and PPS. Redleaf is UK based but also sits comfortably alongside Newgate under the same umbrella. Both the Newgate and Redleaf brands are well known, being regular award winners and frequently cited in communications. Porta, on the other hand, is much less visible, despite being the parent. I appreciate that we do not own all of Redleaf.....yet, but we own 51% and are increasing regularly so it would be a good move IMO. The rebranding would most certainly raise the profile of Porta giving it instant recognition. Our current MCap of below £15m just does not reflect a company with a 5 year increasing turnover currently above £30m pa and I feel that this is due to lack of exposure and research by potential investors. We need to raise the profile and realisation that Porta has evolved into a formidable integrated communications vehicle with a unique offering. The shareprice has languished as Sanlam/Allenbys failed to promote this transition. Citygate (David Wrights original venture) also languished for several years in the 1990's before its shareprice soared once investors became aware of what was being built. We have a seasoned BoD with excellent talent being assembled - Steffan, Gavin and Charles successively joining the leaders since last October and bringing formidable contacts with them. It is worth pointing out that these individuals joined on the merits they saw in the Company and its potential NOT via expensive head-hunters. That in itself speaks volumes IMO. The Brexit effect will have softened Redleaf due to IPO flotations being held back, but there is a lot of recurring income and the brand continues to win awards and excel. Newgate Australia will certainly benefit from the rise in the $Aus/£ alongside its doubling of operations forecast into 2017. The first 5 months of the year saw Porta exceeding expectations and I expect month 6 to have fallen back as it was Brexit month. Confidence in the London market has remained strong and H2 should see the emergence of companies who need to IPO in order to expand their businesses. Newgate and Redleaf are continuing to win clients to add to the strong recurring revenue stream which can only bode well for the medium term. Brexit may have wobbled stock market flotations but it has only coiled the spring as the appetite is undoubtedly still there.
Not sure about the rebranding. Before use suggested Port- Newgate. Porta- Redleaf. I think Newgate is the Global brand. Newgate is only really in the UK. Like PPS the Brand is too strong to simply replace. Also Redleaf is not fully owned by Porta anyway. The buys and sells here are mainly from 2 parties as far as I can tell. We know one buyer is lapping up most of the sold stock. The selling pattern is not so clear. If it is a small fund they are selling in small quantities to get the best price. The reason the share price keeps falling is the buyer is not interested in pushing up the Sp when it knows people are happy to sell at these prices. It does not look like directors are ready to buy in again yet. See what Friday brings. 2 months to September results. I have no idea what these may look like. Not expecting miracles.
The string of contracts of being won by Porta companies is totally at odds with the current low of the shareprice. The lack of correlation must correct at some stage as annual revenues are well in excess of twice the current MCap and growing. The appointment of Grant-Thornton as Nomad and re-engagement of N+1 Singer as broker should soon have an impact on spreading the message to a wider audience; something that has been totally absent under Sanlam/Allenby. A really good and positive broker note on progress would certainly be a step in the right direction. The appointment of Newgate by Sompo is a major milestone verifying the novel integrated approach being pursued by Porta. I really believe it is time to shed the little-recognised Porta logo and replace it with a new corporate rebranding to Newgate-Redleaf which is universally recognised and respected. I am sure that many big institutions are probably in the dark when it comes to realising that Porta is the holding company for both Redleaf-Polhil and Newgate. Time to fly a bright new flag and use the brand recognition we already possess.
Redleaf have picked up another contract. Lytespark. See Gorkana for details.
I think a lot of the 5.475 and 5.5p share trades today appear to be buys. Including the 125k trade at 5.5p on ISDX. All the recent sells have been 5.3p. Same for the 5.5p trade last Friday at 25k.
Hyperdrive Innovation gives Redleaf corporate brief http://www.gorkana.com/2016/07/hyperdrive-innovation-gives-redleaf-corporate-brief/ 'Redleaf’s associate director Charlie Geller and Helena Shadbolt, account manager, will manage the account for Hyperdrive which develops batteries and lithium-ion battery systems for automotive, off highway, industrial, marine and standby power applications. Geller said: “Hyperdrive is collaborating with Nissan and making electric batteries that recharge quicker and hold their power for longer. We are working with the company to help build its brand profile and deliver targeted national press coverage.” Redleaf Communications is a full service comms agency which specialises in investor access, corporate PR and professional and financial services communications.'
Grant Thornton were appointed as Auditors in December as their size was more appropriate to the size and growth of Porta. Having signed off the annual accounts, they have now been happy to take on the role of Nomad. This is excellent news. Sanlam (now Allenbys) have done nothing to promote Porta since their appointment in October 2014 as I specifically voiced at the AGM. Great to see N+1 Singer returning to Porta as broker. This is a good move.
Good to see N+1 Singer replacing Allenby as broker alongside Grant Thornton as Nomad.
'Date: 11.07.2016 Sompo appoints Newgate for major integrated communications campaign Sompo, one of the Japan’s largest insurance service providers has appointed Newgate Communications for a combined corporate and financial communications and public affairs programme to raise its company profile in the UK and support the growth of the business globally. The role will include media relations, stakeholder and political outreach and support in financial communications. Newgate team will be led by Group Managing Director Steffan Williams supported by Clotilde Gros and Lydia Thompson.' Porta on their website are calling this a major integrated communications campaign. It's also interesting and reassuring how Steffan is starting to lead many of the big clients. At the AGM Porta suggested they had put in tenders for many contracts and were waiting to hear back? I guess this is one of them? They also suggested the news feed would continue for next month. Let's hope these contracts announced this year are helping Porta's bottom line. September will be a key next date here for the 6m results. It will only take some good results in 2 months time to get a market correction on the current share prices of 30-40%. The speedy election of a new Prime minister here in the UK can only help ease market fears. That could also hellp Porta long term. Would be interesting for Porta to have an office in Japan? Maybe unlikely? Meanwhile someone is still supporting the Porta share price soaking up sold stock. An institution would want at least a 5-6% stake here. That is another 6-9m shares that could be soaked up here if my gut is right. Pending what percentage this buyer has almost reached. 2% or more? You can't keep buying up 400-500k of stock and not reach 3%.
http://www.gorkana.com/2016/07/newgate-communications-appointed-by-sompo/ Japanese insurance service provider, Sompo Japan Nipponkoa Holdings (Sompo), has appointed Newgate Communications to a combined corporate and financial communications and public affairs brief. Nigel Frudd, executive officer at Sompo Japan Nipponkoa Holdings, said: “We were impressed by Newgate’s expertise, broad experience and integrated approach. With this and the firm’s deep understanding of our managerial objectives, I am confident Newgate will offer critical support to Sompo’s continuous expansion programme.” Williams added: “We are delighted to have been appointed by Sompo, a significant global player within its industry, at this important stage in the company’s growth plan.” This looks like another solid global client to add to Newgate's books. Great to see they are offering 3 different services all under the Newgate brand.
Firing79: you've actually proved my point! Twitter and FB are part of one of the multiple channel offerings that Porta offers its clients alongside a host of other financial, reputational and commercial management aspects. So many companies outsource for a variety of corporate needs. When you sit down with the CEO for an hour and actually go through the Newgate process of client engagement THEN and only THEN do you realise what a super portfolio of services that are on offer under one roof. Cross fertilisation of these resources is the key and that is why the company is addressing 21st Century needs head on. It's not just about 10 a penny advertising and exposure, this is a comprehensive company engagement package. You'll have to take my word for it, but the client list was very impressive and I can certainly see why Porta is attracting such high calibre management. It is a groundbreaking approach to the whole process of company communications - financial, commercial, reputational and public using a variety of media channels and platforms all under one roof. Very impressed.
That large 250k trade looks to be a definite sell. Still unsure why those 2-3 trades near 8.04am caused such a jump in the SP. Guess we will find out come the end of the day. A good summary by Adastra why Porta is set up to do so well. Hopefully Porta can keep up the news flow over the Summer.
These guys are set for the 20th century not 21st - Pay Twitter $150 or FB $150 you get the word out to people that will actually buy you're product...? Also a viral ad on either plus YouTube is everyone's goal. I'm sorry but one stop for what reason? Also I speak to my wife and kid in the states via Skype the UK is completely cut off from anywhere Brexit or no brexit
Wow Very well described I have been a little critical recently on other platforms but I am now coming round to your way of thinking
It has been a long Sisyphean struggle but, as I have stated many times, Porta now appear to have reached the critical mass to achieve the goals set. It is now an integrated multi-platform communications, advertising and marketing company offering a one-stop operation for clients large and small. It has differentiated itself from competition by offering a range of ten or so complimentary functions in a single package. No other company is currently offering the same focus, preferring to concentrate on one or two channels. That is why people of the calibre of Steffan, Gavin and now Charlie are joining Porta. They are following the potential and helping to realise the future.......their lead will be followed by the money as bigger investors start to wake up to the quality that is being amassed under one roof. The networking circles that these guys bring in should not be under-estimated, especially at a time when post-Brexit industry is looking for guidance. Porta has very specialised knowledge in its portfolio companies such as PPS and its strengths in reputation management.The landscape is changing rapidly in PR and communications and Porta is setting itself firmly in that rapidly moving stream. Certainly one to watch and follow given the depth of talent and very competent management that is now coalescing.
Lots of trade activity today. 141k buy on isdx around 9.26. Few smaller buys on LSe. Still think were due a late trade. Unless the trade from last night influenced the rises this morning. Wonder why the buys are pouring in now? News?
Those last two posts of mine were not great. Really should of spotted the 5.76% and Fil being Fidelity. Early morning RNS excitement got the better of me. With a share like this you need to take the small positives on the roller coaster ride. On a plus side it shows Fidelity have not been selling here. Mid writing this a late buy has popped up. 313023 shares at 5.25p. Showing as mid price on other site I use. Interesting! Mystery buyer or maybe a director?
Somewhat confused by this. http://www.portacommunications.plc.uk/application/files/9514/4251/1251/035_Porta_Communications_PLC_-_Holdings_in_Company_14_March_2014.pdf Did they already have this stake in 2014??? 'FIL Investment Services (UK) Limited delegated investment management services to FIL Investments International on 1 July 2016 and the chain of controlled undertakings through which voting rights are held is updated to reflect this delegation.' Looks like they just switched control from one company to another. So maybe this is not our mystery buyer. Could be Fideleity.
FIL INVESTMENTS INTERNATIONAL seem to have bought 5.76% of Porta Communications. - Threshold crossing by a controlled undertaking. This only calidates what I have been saying for months. Someone has been buying up the Porta stock here and this suggests to the tune of 16.071m shares. I wonder if this means they are now done?
Nearly missed the bit about Deborah Saw being made vice chair of Newgate UK. Looks like Porta is gradually strengthening Porta with some really strong industry experts. If they have contacts this could really push some big clients Porta's way. Charlie Chichester career seems very impressive. He will offer some real clout for Newgate. I think their abilities and industry expertise will easily pay for the wages here. Pretty sure Steffan is already having a huge impact on Porta already. Just need to clear the seller here and this share price should rise steadily to at least 7-8p here. Directors will be waiting in the wings here once the sellers are done. 100k buy on ISDX today.
RNS is out for new hire. Charlie Chichester. Another big hitter joining Porta Newgate. Seems very encouraging.
New Publicasity website is up. http://publicasity.co.uk/#4 Worth checking out their client list. Blu, Siemens, strongbow, Heineken, Pepsi, T-K-MAxx among a lot of other big brands. You can see why they kept the Publicasity brand. Blu appear to be a major client for Porta group. Along witn BNY Mellon.