Member Info for Adastra

Boom as the big guns start to realise what David Wright CEO has created. A successful marcoms business outgrowing its rivals apace and out of the cash-burn phase as the organic growth turbo kicks in. Full 8p ask now being paid and that will soon be left behind in the gap-jump imo.

650,000 purchase! £51k got to be an insto buying into the super growth here. Now we have traction, looks like the legacy seller has finally cleared leaving blue-sky for the long-awaited gap jump to par 10p and beyond. This is the best growth share on AIM for this year and 2015. Now lets see the real numbers and strong blue. Excellent, seasoned management with the ability to achieve excellent targets. If you have any doubts I urge you to watch the link below. Beating the opposition by a factor of 10 and growing with no dilution for shareholders at this level. Porta have only ever issued shares at minimum 10p par value for acquisitions and it will continue to do so. http://www.proactiveinvestors.co.uk/companies/stocktube/3470/porta-communications-ceo-would-not-consider-placing-to-fund-acquisitions-at-current-share-price-3470.html This has to be the strongest buy on the market at present - right time/right sector/right place.

Now 1.05m buys and NO sells. Surely the MM's are running out of stock this afternoon...................

Escalating number of buys piling in now with no seller damping it down - Gap jump? All the fundamentals are exceptionally strong for a rerate sooner rather than later.

What a superb insight into Porta - if you are contemplating a holding then take 5 minutes to watch/listen http://www.proactiveinvestors.co.uk/companies/stocktube/3470/porta-communications-ceo-would-not-consider-placing-to-fund-acquisitions-at-current-share-price-3470.html

Very strong now. The lack of sellers into this rise could be pivotal. Only time will tell as the day progresses but it looks very encouraging at present. If the legacy seller has cleared then a gap-jump is not only possible, but highly probable.

The legacy seller appears to have been taken out by Brian Blasdales 1.3m purchase [and vote of confidence] yesterday. If that,s the case, it takes the anchor off the share price and we should start to rise with conviction as MM's need more stock to trade. We have very few holders still invested at prices below 9-10p so it should rerate quickly imo.

Looking at the tax payable in Australia, the business is soaring. Unfortunately we cant use those profits against our UK tax losses but the purchases of Publicasity and PPS bringing historic UK profits of £1.25m should specifically address that issue giving a big hike in UK profits for this year 2015. Rationalising the TTMV operations by extracting the best elements into Summit will be immediately earnings enhancing so the cash-burn, as David so correctly states, is an historic issue. We are now in clear water as we build critical mass in our central London operations. Hopefully, greater realisation of the prospects to a wider audience will lead to a significant [and long overdue] rerate. As our CEO said, the Australian operations alone are worth in excess of £20m pro forma.

A very upbeat trading update with strong earnings growth, integration of PPS and Publicasity progressing well and adding a proforma £1.25m to this years profits, big director buys showing confidence, no shares ever issued by Porta under 10p par value - looking excellent for 2015 and beyond as Porta comes of age. Expect good broker notes to follow shortly as Sanlams maiden coverage kicks in and the company begins its own PR assault to muster followers.

Totally agree Pelliot. The last research report by N+1 Singer in October highlighted good growth in the business and it will be interesting to read the maiden report to be issued by Sanlam. The fact that Porta have bought PPS and Publicasity since the report should make for very interesting projections. Even if only repeating their 2013 performances, it would add £1.25m profits to the coffers. Centralisation of the businesses into the London HQ not only fully utilises the space available, it also gives greater cost efficiencies and maximises cross-selling and ideas. The exceptional 2014 costs of the centralised location and exit of the legacy PPR structures are already factored in, TTMV will reduce Ebitda 2014 but allow strong reversal in this financial year and we finally have [with PPS and Publicasity] the forward UK earnings to offset against existing UK tax losses. All in all, 2015 should be a consolidation first half giving good earnings growth set for an exceptional 2016.

the supportive views appearing as Porta is really doing a very good job in growing a strong business. Every arm is doing very well indeed and adjusted Ebitda should be very positive. Summit is taking on the business from TTMV which immediately divests loss-making and institutes profit from a centralised base. A fundamental point with Porta is that the company has never issued shares below par value 10p since its inception in 2011. That is why the entrepreneurs like Stephen Byfield are happy to accept shares at par value as payment for their businesses. We have a strong diversified business showing exceptional growth both in and outside the UK, particularly Australia. 2015 looks likely to strongly accelerate that growth with 2016 becoming an exceptionally strong year in prospect. It should be blue from here given the trading update and outlook.

http://www.proactiveinvestors.co.uk/companies/news/77162/growing-porta-firing-on-all-cylinders-77162.html

Disagree - do the research and you'll see the transition from start-ups to the growth we are seeing.

We are due the rerate now that we richly deserve. The 1.3 million buy is definitely the conviction of a sound company in the ascendancy and hopefully we have now cleared the legacy seller who kept applying the brakes. With this kind of quality management and operation delivering on its growth AND promises this must go to 10p par and beyond.

BOOM, but boom with sustance. The trading update was exactly as good as we expected with lots more to come.

Huge reversal now underweigh and heading for 10p as the MM's run out of free stock.

watch the volume rocket... the share price will follow as the number crunchers kick in and the offensive begins.

on just how good these figures are and how rosy the future. The 1.3 million buyer was spot on the money.

Massive rebound on the way. These are big buys coming in now.

1.3 million buy just gone in! That should smack the seller out - expect lots more as the insto's now pile in.