Member Info for Adastra

I think your £6 by Christmas could actually be a possibility despite my smiling at it in August. Something is certainly in the offing, especially with the beautifully worded - "The net proceeds of the Placing will be used to significantly increase the growth of the Company compared to current market expectations." Especially when combined with the accompanying trading update stating - "The Board anticipates that the Company's full year results will be ahead of market expectations." Draw your own conclusions - that is why the shareprice is 'leaping'.

Happy I invested at 69p prior to the trading update which has confirmed that the business transition is gaining traction and trading is strong. Management are professional and seasoned individuals preferring to err on the side of caution when predicting prospects. The fact that AMEA region in particular has traded at record levels in June, July and August adds weight to the escalating profitability since management were wary of the effects of holidays and Ramadan in previous RNS. This has obviously not happened and the 30% increase in trading is a really positive indicator of progress.

£115,000 of director buys in 2 days is significant. This is a real vote of confidence in Porta given increasing share purchases by BoD since 2013 with NO SALES.

The £45k share purchase by Financial Director Gene is IMO very significant as it is his first purchase for some time. he is effectively the company 'meerkat' who is first to see horizon events and 'trends' so I ALWAYS pay attention to FD purchases [size and timing]. This, when combined with other two substantial BoD purchases, ticks all my boxes for good times ahead.

Just a regulatory note that Panmure has taken over account as result of take-over of Charles Stanley, our resident broker. Hoping the next RNS will be the game-changer; good entry point IMO whilst newsflow is pending and trading is subdued. It is pertinent to note that the growth area of cyber crime protection is not one where clients wish to announce from the rooftops that they have 'signed up' to Falanx-Assuria. The covert nature of our operations most certainly extends to the cyber-arena.

Trading ahead of expectations and a placing to institutions to 'significantly increase the expected profitability of the company' with no details........ Interesting and potentially very lucrative at the current price IMO. This could herald a big announcement in short order.

It certainly appears that Steffan has hit the ground running and that legacy loan debt is being quickly renegotiated as we have turned cash-generative IMO. Expecting more good news as we go - the increasing director buys are strong support.

That our share price and MCap rose to match the very concrete opportunities that we must be involved in- watch this space. £6.6m MCap is absurdly low for a share in this high-growth sector and does not reflect progress.

According to an Ernst and Young report just released: A discussion hosted by EY for nearly 250 finance professionals revealed that 45% of organisations had recorded between 1-10 cyber security incidents in the past 12 months Only 7% of polled finance professionals were aware of the EU Network Information Security Directive 79% of polled finance professionals expect to increase their proportional spend on cyber security defences in 2014/15 in response to an increased level of threat. Over to Falanx-Assuria?

Paul Scott's [Stockopaedia] comment this week - Porta Communications (LON:PTCM) (at the time of writing, I hold a long position in this share) The Director buying of shares just keeps coming - in decent size too - more announced today. Something (positive) must be up here - check out the Director buying in the last year or so, it's been large, with Chairman Bob Morton heavily buying, plus other Directors.................................. Agreed

It's so easy to look at the share buys without really seeing how significant they are. All Porta directors have been putting money into their holdings in increasing amounts since late 2013. The three purchases in 2014 (Redleaf, PPS and Publicacity) set the cash-generation timetable back, but added enormous depth to Porta's client offering. Those businesses have integrated faster and better than originally scheduled as we saw positive cash-generation in H1 to end June this year. Personally, I was half-expecting it to drop into H2 so was well pleased with first half performance. As previously mentioned, I disregard A+D in a high growth business like this as I'm focusing on the cash-generation transition. That has happened and we are now back on track, but much, much stronger as a multi-disciplinary company. I suspect that, in particular, the FD was waiting for this inflexion point to jump in and buy. The doors have also now opened to renegotiate the previously onerous 12% loan debt, as banks will now be falling over themselves to lend to a cash-generator. A perfect positive storm for Porta and its patient investors is now in play and tribute to DWs foresight and tenacity as the shareprice failed to reflect his vision. With the excellent choice of Steffan Willams as his wing-man one can really now say......Game On.

Cash-generation obviously.

This is now panning out perfectly as I anticipated. Excellent H1 - as I disregard A&D and look at cars-generation - transformation to positive cash generation on £0.75m. Three directors all following suit and buying; the most significant purchase being the FD. Escalating cross-selling from a multi-disciplinary company platform all combined with a slick and professional new website. Add in the 'unexpected' but significant appointment of Steffan as the key MD ( a superb choice IMO) and we have the Porta machine firing on all cylinders. Time for the institutions to sit up and take notice. Watch this space. We have achieved the critical mass that DW has been tirelessly working towards with much more to come.

£100k director buys following BM's purchase yesterday is a HUGE vote of confidence in the future and in Steffan Williams (newly appointed MD). The 7p purchase of 1.3m shares means that virtually all yesterday's transactions were purchases and 'significant'

Excellent!!. More director buys as predicted. The Financial Director purchase is the biggest indicator yet of transformation in my honest assessment. Gene has held off buying for a while whilst other directors have been piling in. David Wright's buying has been as consistent as his chairmanship - strong and steady. The FD is always the first to see the horizon and his purchase is very significant in conjunction with the increasing number of BoD buys over the past 2 years. Next will be Steffan and the bigger instos. http://www.investegate.co.uk/porta-communications--ptcm-/rns/directors--shareholding/201510130700100273C/

I think holding £4.5m of shares is a really strong vote of confidence in the direction and management of a company whose MCap is currently £18m - buying 350k more just emphasises that confidence. Bob is no fool, he has a wealth of experience in actively helping small companies excel. He also expects around a three-fold return on his investments and has the patience that many small holders lack. Porta is evolving rapidly into a significant player. Steffan will accelerate the process and has been appointed at just the right time to realise the management of this 'critical mass'. The way in which he moves us forward will be the mark of a man who is hungry to imprint his influence on Porta. Watch this space as I am expecting a stream of positive updates between now and January.

Repeated buying over 2 years in significant amounts has been the picture. Bob is very supportive of DW and Porta, having been the driving force behind his appointment in 2011. The timescale has been longer than originally anticipated, but the remit and plans are intact and performing very well. We hit the point of becoming cash-generative in H1, approximately 18 months later than originally targeted, but that was primarily due to the three additional acquisitions last year - all of which are now performing well and have integrated. Cats generation is the inflection point that allows us to renegotiate the 12% loan debt from a position of strength and I expect news soon on that topic. The appointment of Steffan Williams is clear evidence IMO that we have achieved the critical mass alluded to by DW earlier this year. Steffan appears to be just the man to bring in the bigger clients on whom the business is now focuses. We have the multi-disciplinary capability, we have a very seasoned and prudent CEO and BoD and we now have the MD to build on that solid foundation. Porta has evolved from start-ups and acquisition to strong fee-earning growth and it is high time that it was recognised for the level of growth which it is geared to generate. All the cogs are now in place, over to you Steffan.

Chairman topping up with 350k shares again. All directors have been strong buyers over past 2 years. Great show of support and expect MD will load up in short order too. The progress is excellent and share price is not reflecting it. http://www.investegate.co.uk/porta-communications--ptcm-/rns/director-s-shareholding/201510120700268773B/

The smart money is taking a position in the Porta saga. Another Nice 100k buy. Slow n sure rerate please - no spikes. This time around everything has changed - cash-generation, punchy MD and legacy costs eliminated.

I think DW has been very canny in appointing Steffan as MD at this inflection point. Porta is profitable with 0.5p EPS in H1. The outlook for H2 is already very good given all the factors I have listed [not going to repeat them again]. Steffan looks to be a very resolute, confident and engaging leader with a strong sense of ethics aligning with the Porta ethos. One of my decision factors in investing was Porta's strong charitable support for Centrepoint. We now have a young, experienced and hungry MD working under the umbrella of a seasoned and business tempered BoD. In my honest opinion, we now have the 'perfect storm' to disrupt and gain exceptional business wins. We can offer a multitude of disciplines under one communications and marketing roof. The future herein looks very bright indeed, and very blue.