Roundtable Discussion; The Future of Mineral Sands. Watch the video 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.
From last year I note we can expect the results in April and the good news so far is that there has been no profit or trading warning of bad figures. Also and importantly candidates and clients have confidence in the company as they continue to place work or join the company. It is also fair to say that there is high operational gearing and once costs can be covered further revenues will fall to the bottom line. I have only been here for a few weeks but feel that the company with its new management has tremendous potential from the current £4m or so MC
https://www.newgatecomms.com/blog/index.php/2019/02/19/newgate-teams-up-with-london-stock-exchange-groups-elite/
More work coming Newgate's way. Seems to be a constant flow of new clients recently.
Still a big seller in background. You still going to risk more money here? They did a trading update before H1 results in August 2018. Hard to read numbers with so many one off costs. They were trading ahead of expectation on an ebidta basis and that was forecast to be 15% lower. Albeit they had been cutting back on staff and non profitable clients. The key here is q4 performance and impact of new clients and performance of Asian operations.
Only 200k but would like to add next week. Appart from the debt which I think they can sort things seem to be good. Not too sure if they will issue more stock at this low level but there could be a convertable and perhaps a consolidation. But I like the top management as they appear to be professional and know what they are doing. Also and importantly they have put their hands in their pockets to buy in. I see that the results are due in a couple of months and this should show further progress as far as losses are concerned with the new trading year being profitable.
Seems to always be a background seller here. Did you buy 500k of stock? Debt deal is in hand but it's taking them months to announce it. Only other concern if they start issuing more shares at 1p for Asian businesses.
I think the business is trading ahead of expectation judging by the 4-5 hires and new contracts. Albeit they have not done an RNS to say this.
I think there could be a decent upside here if the debt rate is reduced and they can turn a decent profit soon. Lot of bad news has been cleared in 2018.
OK so there is interest at these levels so in I will go.
Can anyone advise please as I am just having a look at PTCM and feel they are somewhat undervalued although I appreciate they have debt. But they also have some strong investor backing. The Directors have bought in at 3p plus and seem to be on the case in brining the company into profit. They are taking on staff and winning work from some very well known businesses. Over the recent months the sp has been going only one way but with a MC of £4m they appear well undervalued. Any thoughts before I take the plunge?
https://www.prweek.com/article/1525605/jurys-inn-hotel-group-books-new-uk-pr-agency
Yes Gotrader life at Publicasity, very welcome....
Publicasity have got a new client. Jury Inns will be taking on their PR services. Second client win for them in a week.
Looks like Publicasity are now doing PR for Seiko watches. No time like the present to takeover this brief. Watch this space!
https://www.prweek.com/article/1525198/seiko-hands-brief-new-uk-comms-agency
https://www.sharesmagazine.co.uk/news/market/6306158/Increased-Recommended-Offer
Earthport being taken over. This is a Newgate client. So Hopefully some money for advising on this. Deal worth 247m.
They really need to issue a TU. Not sure they are even planning one. As most buys and sells here seem pretty planned and mostly existing investors swapping shares.
There was nearly 700k stock traded on Nexexchange today. I assume they were mostly buys. So usual pattern of the buyer and seller here. The Newgate staff page now has 92 people listed. This has gradually been increasing in last few months. They do seem to be winning new clients.
My issue is the SP, debt and fact they are not yet making money. Wonder how many more shares this seller has? Also who it might be? I think this exchange has been going on for nearly a year now. That or someone is just buying up sold shares. Hmmm.
Guess directors are locked out if still discussing debt? That or simply don't want to buy. Results could come sooner here as they have been pushing most bad news into 2018. Setting up 2019 to try and make a profit?
Remember that Status Quo song 'Down, Down' - reminds me of Porta.
https://businessmanchester.co.uk/2019/02/04/newgate-north-makes-two-new-appointments-to-the-manchester-team/
Missed the link.
Seems they are hiring more staff due to new clients and expanding existing customers. There was a similar announcement to this last November. Let's hope this leads to some actual profits and increase in share price.
Looks like Newgate Research now has a managing Parter called Dan Clay in the UK. He joined in January. Be interesting to see what this research arm adds to the UK operations.
https://www.cision.co.uk/2019/01/60-seconds-with-newgate-communications-emma-kane/
Worth a read. She is actually talking about profitability and Newgate in the same sentence. Also interesting that they are rolling out the research element in UK which has been key to the Australian success. See what results or TU bring. Lot of the bad news and costs has been placed in 2018. Along with 1-2m cost saving.
Normally get a trading update about now. Still no news on debt. Any more share issues at 1p would be a nightmare. Or update on how relations with SEC are going. There sp is below 90p now. Peak of 125p.
Only one way to go from this level I believe..good set of results soon this will move..two new CEO that will drive this forward..
All time low
They have in effect removed this loss making group from their books. It was a liability from the start that they never owned.
Wrong page. Sorry.
Major shareholders page updated. (30/11/2018
OppenheimerFunds 120,304,737 15.49 (Same.)
T Rowe Price 106,106,855 13.66 (Down 0.7% but actually up according to days RNS.)
Hargreaves Lansdown Asset Mgt 55,663,440 7.17 (up 463k)
Schroder Investment Mgt 33,817,723 4.35 ( The same.)
Interactive Investor 33,403,031 4.30 (down 500k)
Barclays Wealth 32,318,196 4.16 (down 48k)
Dr Andrew W Nelson 29,459,218 3.79 (Same)
Not much really going on above 3%.
Morning star show biggest sellers as Oberweis Asset Management Inc 10.7m sold and China Asset Mgmt Co.,Ltd 9.157m shares sold.
Biggest buyer as OFI Global Asset Management, Inc 29m. (Part of OppenheimerFunds)
'Newgate Communications has boosted its ranks with the appointment of three new members of staff. Joshua Bell, Chris Midgley and Matt Williams have joined the team following a series of client wins and growth of existing accounts.'
https://www.insidermedia.com/insider/northwest/appointments-round-up135
All sounds very promising. Including growth of existing accounts. One joined in September. Not sure about others. Seems we are past the cut back phase.
Not sure if this 200k savings is something new. Or fact Redleaf has moved into UK HQ. I suspect stuff like HR/account moving to London office.
Think we guessed about the write down of the brand.
If all the units can finally function as one strong unit that will be a good thing.
In other news Stephen Byfield has joined another firm. Wonder what he plans to do with those 15m shares? I suspect he left months ago.
Waiting on debt news. I did wonder if we would get an RNS from this yesterday. Shares traded today barely 44k if you include Nexexchange.
If things are going well maybe we will get a trading statement. 2019 may be first clean results in a while. See what q3 and q4 do here. I suspect TU in Jan/Feb. Debt news in next month or so? Wait and see.