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The Welsh dragon will have a really positive effect on Porta - he and the Welsh Rugby Squad are on a roll. https://twitter.com/steffanrhys1?ref_src=twsrc%5Egoogle%7Ctwcamp%5Eserp%7Ctwgr%5Eauthor

People are actually doing the research and looking at real EPS rather than just the bottom line. Disregard A+D and look at the underlying profitability which was a 'breakthrough' point in H1 ended June 30th. Porta are actually doing very well as the full year will surely show and 2016 is the year that DW sees his baby go from 2014 crawling, to 2015 walking and 2016 running.

Renegotiation of onerous 12% loan notes that could only be realistically achieved when Porta went cash-generative - that happened in H1 ending June 2015. Real traction from appointment of Steffan Williams - the guy will be on a roll similar to his beloved Welsh Rugby team. £1m plus savings kicking in from current H2 onwards coupled with record earnings in fees. Prospects looking strong.

The blue light at the end of the tunnel - the long-awaited sustained rise should begin as it starts to reflect the transformation that happened to Porta in H1 [all of which I have posted].

Going up......

6.25p bid now on 300k........... who is sat on the sidelines wanting to buy quantity?

Bid is now 6.25p on 250k - somethings brewing?

We have a big buyer in the wings - either that or the MM's are looking at the prospects closely [and they look rather good imo] - super entry price for those who do the research

You can sell 'big' quantities at 6.25p - expect upswing soon imo

Value investors taking a stance? Think the fuse is lit. Slow and sure with no spikes please up to 10p by Christmas would do nicely with a new platform for 2016.

This must start to rise as the small sellers are finally cleared and MM's mop up after the tree-shake. There are buyers of 225 and 250k out there as Gotrader pointed out. I suspect there are also several 'substantially bigger' orders waiting to go in as soon as renegotiation of the 12% loans is agreed on the back off profitability from H1 onwards.

Looks to be a better bet for NHS procurement contracts. It owns 7% of VirtualStock which is piloting its platform with NHS teaching hospital. Do the research; check out VS and see how its universal connectivity to any existing system is the game-changer IMO. Nick Jenkins [Dragon and Moonpig.com] has done the research and just taken a stake in VS. Cloudbuy is up against strong competition for NHS services and is burning too much cash IMO. Only hope is that the Indian, US and China operations start to generate a lot more quickly than last RNS indicated or will need cash injection at discounted price.

Steffan Williams + cash-generation + renegotiated 12% loans + £1m savings = more and better contracts + profits hitting bottom line + rerate. Simples.

I agree - the buys and sells are being distorted as the bigger trades are actually buys. Shares seem to be shifting from smaller holders into the hands of 'accumulators' imo. My main points below are very pertinent to escalating profits in H2 and beyond; especially the reassignment of debt at substantially lower levels than the 12%. Porta will have been treated as an equity share by the banks; it was growing but loss-making and still had the legacy LLC structure to divest so debt restructuring was not possible. THAT changed in H1. The company turned cash-generative AND shed the legacy costs. Enter an array of lenders who will now WANT to lend money to Porta allowing the onerous 12% loan interest to be keenly cut IMO. Sanlam gave a pretty poor assessment of the transformation that is under way, failing to appreciate that the three factors outlined in my previous post which could rapidly change investor sentiment.

I can understand the disillusionment with the current share price - it simply doesn't reflect all the progress being made. Instead of looking at the real and positive transition from cash-burn to cash-generation, analysts have merely looked at the bottom line 'loss'. Understandable, but misguided. Porta is now effectively self-financing at an increasing rate. The onerous 12% debt interest, which could not previously be renogotiated, can now be realigned due to the transformation on much more favourable terms. Add in the £1m plus savings into 2016 and we start to see the underlying progress. Steffan Williams should hit the ground running and justify his salary quickly given the quality of the teams under his control and his experience. These have been testing times but Porta's new website reflects the transformation that is under way. In my experience, sit tight and watch for progress. All directors have bought at higher levels. I expect Steffan to come on board soon, followed by Gene G the FD once he has secured debt finance on much improved terms. Given the right moves, Porta is now at a level where it could easily double or triple in the medium term IMO. Quality is the key and Porta has a class act to offer.

Rivaldo [or ST] - Gama Aviation reversed into Hangar8 not Air Partner.

The bounce from lows attributed to the last trading update has provided a temporary platform from which we can rise again on the next contract news. Business looks to be improving on all three fronts of cyber, intelligence and resilience - A contract from any one of which could give the next lift. Not a lot of shares in free float so its worth holding and waiting as the future improves. The Principia tie-up should be providing good stats on the roll-out of cyber insurance as the first month closes.

Due early October should add meat to the bones of business transition and benefits of initiate integration. Profits delivery could be improving markedly as implementation and restructuring costs were taken in H!.

We haven't traded over 1m shares a day for ages; volume has been very low as you noted GT. The large seller who was stifling the price for the past 9 months appears to have been replaced by smaller investors with a couple of thousand shares. The 375k share-trade yesterday was a significant one IMO. It could be inter-broker, but I doubt it. If, as I suspect, it was a purchase [as the price would indicate from yesterdays trading profiles] then it could be either a director buying in again or [better still] an institution dipping a toe in the Porta water post analyst meeting. It's only a tiny amount in institutional terms but would be a whopping vote of confidence in the future. As far as I'm concerned, Porta turned the corner in H1 as cash-generation turned positive. The appointment of Steffan Williams confirms my view that the multi-disciplinary team at Porta have now reached the 'critical mass' that David Wright envisaged in 2011. IF that is correct, then DW has brought in the wright man at the wright time [forgive the pun] to expand the company's footprint. With legacy and start-up costs falling away fast, the path is clear to outstrip Sanlam's forecast and produce a really good set of results and prospects.

A buyer with foresight. We are generating cash; the debt will be refinanced at a far lower level than 12% and the share price will rise as investors see that cash-generation is strong and costs are falling. Patience as this sinks in, but sink in it will.