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I think 6-7 senior hires have now left. Found this list on another site - Jason Nisse, Andrew Baiden, Andy Martin, Stephen Byfield and Gavin Devine. Not forgetting David Wright CEO. 3 of these have now set up their own businesses. Many of them relate to the companies bought out here. Overall staffing levels in Newgate have fallen quite sharply here. Administration staff appear to be down by 8-9 too. Can't tell if 2 more have just joined or 1 more left. Drew Aspinall looks new. Mix and match. Weigh this up against a booming Asian business. I think a number of clients would of left with all these senior hires. New office in Leeds? I do think they are reducing on the higher ticket cost staff. That or people are just leaving. I think if they can keep costs down then we could see a profit eventually. They appear to be expanding too. Todays drop is the usual buyer and seller swapping shares. When this concludes price may pick up. Expect a larger buy next week. Could be directors buy after the results. See what happens. The TU was somewhat upbeat but the figures were lower than I expected given H1 performance. I won't be selling at these prices. Seems undervalued to me.
Similar story to mine The board of directors are responsible to us holders Sometimes I think they have lost the plot As for 12p bring it on
Hi Val, I have had PTCM shares when they were 30p and although I have averaged down I just seem to be throwing good money after bad. I have a lot of money for me in this share but I am locked in as they are worth nothing virtually nil now. If I could get 12p I would sell up tomorrow. The board, directors and owners have no interest in their small shareholders and I believe they are lining their pockets until all us small investors have been rung dry
Just reflecting on PTCM as a concerned shareholder and taking it back to basics of business This company generates a good gross profit and has an excellent turnover There fore we need to look at expenditure and this is their downfall Every year we see exceptionals. Not good Salaries at board level are too high for a market cap hovering around 10m Too many big hitters I would like to note the expenses bill on international travel Borrowing costs still too high Are the board simply lining their own pockets or do they genuinely believe that the future is bright
https://newgatecommunications.wordpress.com/2018/03/13/capitalcentric-appoints-newgate-communications/ Manchester-based property developers CAPITAL&CENTRIC have appointed integrated agency Newgate Communications to manage its corporate PR.
https://www.holmesreport.com/latest/article/newgate-communications-ceo-gavin-devine-exits See story above. Set up his own agency.
' Meet Stephen Rafferty A former senior national newspaper journalist in Scotland, Stephen moved into Public Relations 12 years ago. He has extensive experience advising a broad range of retained clients from the oil and gas sector, engineering, subsea, legal, commercial property, angel investment and sport. Targeted communication, clarity of message and getting over a client�s point of view in a considered, professional manner are Stephen�s watchwords and there is no better person to help companies deal with contentious issues.' As for Shanghai office https://www.holmesreport.com/latest/article/newgate-communications-launches-in-shanghai
http://www.marketing-interactive.com/newgate-communications-opens-shanghai-office/ New office in Shanghai suggests Asian operations going well? Interesting! https://www.newgatecomms.com/our-network/shanghai/
I understand Gotrader funds may be put off by all the selling however a turnover considerably higher than Market Cap should always give confidence. This is the point I cant understand? and the one reason that has kept me hanging on. Your right wheeler dealer Bob Morton is/was toxic and yet the board still appoint John Foley his right hand man.Surely by association this was a negative step for the company but seen as positive by the Morton Clan. The Clan could however could mop up any sellers as it seems money is no object. Just my thoughts
Funds might be put off by the continual selling of issued shares for capital. Porta needs to raise capital and issue cash for these percentages. At present I suspect Hales Hagreaves is mopping up most of this stock in a way that lowers their average price. The good news is Redleaf will be fully owned come Summer. Porta need to reduce the loan costs to below 8%. Bob Morton is black listed by city and this may put off funds. Porta also seem to be splashing the cash. New offices in Australia and UK? We all want to see a profit and a stop to all these write downs. Some good news and getting funds/private investor back on board would push the SP up quickly. Will we seee a delayed large sell at some point? Or was the 293k trade the only sell to lower the SP here. I have no level 2 access to give a fuller story.
Seems ages since I last posted but my question is What on earth is going on? Client list to die for therefore operations should be ok Decent off shoots Australia etc Industry leading personnel maybe too top heavy Financials and accounting I have always had reservations A BOD that has always been debatable Surely something must be missing.Urgently need a new fund to mop up anything under 4p Not me this time
Not a great day. Hopefully this is just people stakeholder trading shares in background. The 293k trade is likely a delayed sell. There was a 200 sell and 103 (Nexchange) test buy recently. So it is just the usual people trading shares in background. Suprising they would be willing to sell at these prices. I think a reverse trade will appear tomorrow. Some very weird share price movements not accounted for near end of day. Why would the directors buy at 3.5p and higher if share was worth this little? In terms of the company not much has really changed. Problem is Ek and other people given shares keep selling them 6-12 months later. Vicious circle that is depressing the share. Pretty much no PI trading shares here. See what tomorrow brings. It would have been better to just do one big trade here rather than these huge swings in SP. Looking on Newgate website. When did they have a Leeds office? Not seen this before.
Unfortunately, PTCM has gone from bad to worse to useless. Won't be worth more than 1p at this rate.
Duke Royalty, the UK�s first listed company offering diversified royalty investment services, has appointed Redleaf Communications as its PR adviser. http://www.gorkana.com/2018/02/redleaf-communications-wins-duke-royalty-brief/
It's a snow day for news like this. Shuffling of holdings. Also keeps Porta on 1 RNS a month rule. They could yet suprise us I guess. Few days before 2 month accounting rule for directors being locked out.
There is the reverse trade today. Still stakeholders and funds swapping shares here. Looks like Newgate have won an award. https://newgatecommunications.wordpress.com/2018/02/23/newgate-wins-best-ma-award-at-the-prca-city-and-financial-awards/ Also seems like Stephen Keith Byfield has now left Newgate. He did have just over 3% of Newgate shares. Still appears to hold all his shares according to Porta's website. Maybe retired? Hmmm.
Can anyone give any thoughts as to what the share price will be in the next 6 months. It just seems to be slowly dropping to the inevitable worthless but I just can't understand why
http://publicasity.co.uk/another-eggcellent-social-publicasity-team/ Would seem strange to put Cadbury article on website unless they did not have a new brief here. Even if just for the one event.
The director buy shows confidence in something positive happening, but there have been loads of director buys at much higher prices, let alone their 'incentive' plan. What they need is for revenues to be ahead sharply and then not matched by increases in admin costs or 'exceptionals'. The attributable loss last year was �6.3m which can wholly be accounted for by D&A, exceptionals and impairments. Arguably they could be said to be bumping along the bottom, though I am doubtful as to how exceptional some of these exceptionals are. They have however increased stakes in profitable sections, reduced interest rates and debts so hopefully we may get on the positive side of the equation if they can cut all the leakages. They seem to have plenty of big hitters. They need to start hitting big IMV.
They may only get paid for their time? Pretty sure some of these deals they would be making good money from. This figure is still slightly higher than last year going by the Holmes Report site. See what results bring. I still think one more director buy will appear in Feb. One RNS rule per month. Would have to be in next 7-14 days or so. Current buys seem to be 3p. Sells 2.8p, So a few of these recent trades are buys.
They don't seem to be getting much of a cut from this $41 billion.
'During the course of 2017, Newgate supported and advised on over $41bn worth of transactions, working on 34 deals during the year. In this update, you can see some of the transactions we have supported across our global offices and the key highlights from the UK.' https://twitter.com/NewgateComms This backs up what the Holmereport suggested. Lots of chunky deals in there. Few big ones over 1bn. Can't make them all out in the graphic.
It looks as if the issues with trade reporting yesterday stopped many sites from reporting the correct share movements yesterday and today. So the share has not actually moved today but shirted shaply yesterday. What can we read from yesterday. There was a 100k buy at 10.26am for 2.88p. Plus a 150k trade at 12.07 for 2.87p. There was a further trade for 10k at 2.87p. Plus a sell around 13.41 for 2.89p Plus a 3k sell today at same price today. Still seems odd the last 150k trade would of shifted the price that much. It could be both trades influenced the SP. I remember looking on the Porta website around lunch on the 6th and seeing the 3.15p share price. I assumed an error. It's more than likely there are no other trades.
Large delayed trade? Up 20% for a reason.
Large 644k sell on Nexexchange. 200k bought there too. Assuming the same buyers and sellers as last week. Nexexchange was dead trade wise until last week.