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Gotrader same old same old from you. So it's gone from 10p to 7p to 5p now 3p. When it's 1p will you still be saying how positive we should all be about PTCM, you do not provide a balanced view, Why?
What's with all the 'here's' GT, sounds really strange.......current value of Porta is probably around 3.05p so it is hardly an undervalued stock with the potential to fly....sales volume is unknown due to a lack of information from the company and as we know debt is a problem particularly as BM pulls the strings and at 12% is a dead weight on profits. My worry here is that nothing can improve the SP in the short and medium term and short of selling at a loss we are tied in underwater for the foreseeable future.....no wonder scared shareholders are selling out GT...they are worried...
I have stated my reasons many times before. Australia/Asian businesses (11% growth H1.), senior hires, big client wins announced in H1 results (Others not announced?), strong pound. Revenue is likely still growing too. Fact buyers like BM and GW are all still buying shares here in large volumes. Stronger global Newgate Brand now with PPS and Thirteen on board. Plus these small buys of 500-3000 shares or so buys. These are all brokers in background wanting to buy up shares. We have had 3 such trades today. (One on Nexexchange) They are all waiting for the share to drift to buy up large volumes of shares. Maybe it is the same broker but I think unlikely. We will reach a point where large volumes of shares are bought here. Sure someone cleared 580k of stock today. Last week somone cleared 480k of stock. Yet price has not gone below 2.5p here. The thing is if you reduce the debt coupon here and increase stake in Asian businesses here you then have a very profitable company here. Given weakness of the pound here this make Porta a very cheap firm to buy out here and take out the debt.. The Pod businesses alone made 1.8m profits last year. Redleaf 450k last year. Not saying the turnaround will happen over night but if it does this share should soar. There is a likely loss for year given 1.9m loss in H1 but I will be looking at cash in bank here and what are one off costs. Also the margins on H2. Yes I hold shares here and I am nursing a big loss too. Blinded by obsession or is this share simply undervalued here with scared shareholders selling out? Leave it for you to decide.
Gotrader I can only assume that you are a stooge for the board or alternatively you have no investment of any significance in PTCM. You continually post positively despite the fact that there are lots of small investor's including me losing 10s of thousands of pounds. Please explain your position here otherwise if you have information that will enable us to see PTCM through your rose tinted glasses please share with us poor sufferers
Someone has been dumping stock for a few weeks now. Likely same seller. Not the small buys of 3-6k on here and ISDX. Still buyer in background. They are waiting to buy stock cheaply like me. Could easily snap up several hundred k of stock here rather cheaply. The share price at present probably does not reflect the performance of the actualk share. Really need a TU here with results to give shareholders more confidence.
I wonder if Porta have thought about employing the slogan 'from bad to worse' for their PR stunts.
I think they are permanently locked out. Share issues and other stuff. 2 months for accounting locks them out too. Who knows what BM will do. Can't be far off 30%. I think business is still growing but loans are slowing progress. Been a lot of high profile hires. See what the results bring. Public Affairs team claimed a major win on Twitter yesterday after influencing government policy.
" I still believe directors are locked out here. Otherwise I would expect them all to be buying. "....GT do you have any thoughts on why they would be locked out for so long? Otherwise why would they not buy at this level is a pertinent question that we should be asking ourselves......one can only conclude that there is no danger of a takeover/buyout (except from BM of course) and so they are more than happy to just sit back and take a very good living from the business and to hell with creating any value for the investors......no wonder small PI's are selling in the background let alone the big fish and some Directors....
I've taken some profits!
as I said 1p by Christmas my investment wiped out
I think we have to wait for the results in 8 or less weeks time. The trading pattern here still suggest small PI or a larger investor still selling. Albeit a lot of buys at 3.18 and 3.21 are shown as sells. Still people buying here. At circa 3p more people will be tempted. I may well top up. Many buyers will wait for the results. My opinion on contracts was they don't always reveal them . Albeit they have lost 2-3 public affairs and another couple of contracts lately I noticed. Albeit they have gained a few from September TU. Also Publicasity has gained 3-4 new clients here too. Another user suggested they had retained or gained some big clients. More new clients from the new partner hires too. So mixed kettle of fish. Plus Sampsonite 6bn deal to help bottom line. We know Aus is likely growing at 11%+. With a 20% boost to revenue due to the pound. I figure this with Asian businesses this could be worth over 1-1.5m+ to Porta revenue once converted to pounds.. So revenue could well be up 10% over this year. It was up in H1 compared to 2015. Assuming no big drop somewhere. (They are still hiring so that is a good sign!) They would not increase stakes in pod businesses unless they were making good money. So this is a good sign. Overall I still expect a loss for 2016. Hard to reverse 1.9m from H1. The question will be about margins and revenues for H2. Also if they announce other client wins in the results. Plus money in bank. As many have pointed out the actual losses here on a cash front are 100-200k for last year. D and A is a balance sheet write down and many firms are doing this. With PR firms assets are very undefinable as it is mostly people and brands. A firm turning over 36m+(?) should easily be worth much more than 10m. If they can sort out the loan costs this share will soar. Especially if they can turn a profit. I rate this share at least 6p. Much more if they start expanding, reduce loan costs and reduce shared cost of London HQ and staff. This won't happen over night. Could be 1-2 years plus? @ Pansofscourse - I still believe directors are locked out here. Otherwise I would expect them all to be buying. BM has been buying even at 5-6p. BM is no fool. Same for Gary Wyatt. Have a good easter all.
...if Porta's bulletin board flag bearer Adastra has been tempted to buy back in at these prices following his announcement that he had disposed of his shareholding which came as something of a surprise.
All would seem true as you say.....bit annoying really to say that the aim is for shareholder value but then to do the exact opposite that is required to achieve that aim.......AIM says it all, when will we ever learn....
shareholder value here . they acquire as tax write offs and keep hiring whilst paying themselves healthily . a few die hards will say progress is being made via contracts , and fair play if you genuinely believe it . always jam tomorrow here , but you eventually need bread to put it on . gla to all in
As long as the Mortons are lining their pockets and I am sure they will also look after their mates on the board all at the expense of us poor small PIs
This will be 1p by Christmas
...going nowhere but south.
https://www.insidermedia.com/insider/southwest/south-west-appointments-round-up62?utm_source=southwest_newsletter&utm_campaign=southwest_news_tracker&utm_medium=business_article 'Newgate Communications has appointed journalist Michael Ribbeck as part of its plans to grow its operations in the South West and Wales, and across the UK. He has joined Newgate from the Bristol Post as associate partner.' Confirmation of the new hire I mentioned on 02/04/2017
http://www4.samsonite.com/_investordocs/20170407013031_EN_Press%20Release_Samsonite%20Stengthens%20Digitial%20Capabilities%20with%20Acquisition%20of%20eBags_Final.pdf They are planning another $105m takeover of another firm which Newgate seems to be advising on. Looks like the trades at 3.18 and 3.21 are buys.
A client IPO for Newgate.
'Large shareholders selling millions of shares': Are they jumping a sinking ship? The silence from this 'Public Relations' company is deafening. It's been one dog of a share in so many ways.
..disappointment in the world of AIM....
It's dropping as 1 major shareholder sold 8m shares. Now we have another large shareholder who has so far cleared nearly 1-1.5m+ shares here. I suspect there will be no TU here now. They normally do it mid Feb. Getting too close to the results. (Less than 2 months away now.) If they do one at AGM that will barely be 2 months later. Timing would be off. Not much we can do for now but wait and see and hope results show some progress here from H1. They should do really.
It's a damn good question but I doubt anyone has the answer.....my worry is still, why no trading update?....
For those of you who keep talking up this company. The share has dropped near 30% in 3 months. Why would this be