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To accept future shares with the 'hurdle' set at 13p a month ago. That indicates a whopping vote of upside confidence from here. It's now more of a pole vault, but if they see it as achievable that's a whopping 250% increase from here - THATS why the buyers are jumping in.

The second wave came in from 11.20 and were also repelled and taken out with buyers in the wings. Battle of Britain equivalent going on here............... the buyers will win in the end.

That sentiment changed from negative to positive in a single trading session IMO looking at the sell-attack between 9.40 and 10.15 followed by rapid exchange of fire and the victory roll as buyers move in en masse.

That was the purge that was needed to get rid of all the negativity that HH selldown brought. The buyers are now in charge and we should now charge upwards. Far from being 0.375p down at one point, I think that this may actually be the day that Porta turned the corner and brought in a whole new breed of investors with vision. There- I'm on record as saying it...

We have a concerted battle Royal going on between sellers and buyers here. The volume is soaring and the buyers are now piling in to mop up the shares that presumably HH are letting go. Its painful to watch the price initially react in a downward drop, but I suspect the raft of buys now coming in will correct that. If and when HH are out, then we have a whole new spectrum of investors looking at the present and future prospects. Ouch but necessary.

This seems more indicative of MM rather than market forces as buys are mopping up sells quickly. Directors are powerless in this closed period prior to release of results, and have been previously prevented from buying due to their 'possible' acquisition intentions. They, like us, are just having to 'go with the flow'. I expect them all to have significant buy positions in place once results and progress is released in May and the share price could easily double due to its unsupportable depressed state at present. I believe that anyone buying in now will be very happy come June and that existing holders will regret not averaging down having done the research. Big b*lls needed when it does this, but the underlying business is reflecting strong progress.

The continued effect of the seller [probably HH but not certain] has caused a tide effect with smaller sellers aimlessly following their lead. The reversal, when the selling stops will be rapid and start to reflect the business underneath. We have a host of new 'bigger' business wins this year and Redleaf has been voted best of the year for the third year running. The February trading update was very positive for 2016 and nothing has been released later that indicates variance. We are in 'silly territory' where the performance of the share price is at odds with the progress of the business. A rapid reversal must surely precede the results due next month.

Time to do for itself what Porta has been doing for others and pile a load of effort into self-promotion! The current share price of £15m is ridiculous given the recent company engagements - Glencore, Samsonite, Siemens companies, Blue Prism IPO, Mirada....... and those are the disclosable contracts, plus the significant recurring revenue. Turnover last year should have risen to around TWICE our current MCap according to the last update and that was in the 'transitional' year of 2015. We are now in 2016 seeing increases in big clients under Steffan W with Gavin Devine joining in July. The growing disparity between performance of business and performance of shareprice should start to resolve soon.

Having digested the comments from Steffan [I love these 60 second soliloquys] - It is becoming apparent that Gavin Devine fits the Porta comprehensive communications format perfectly. He will join Porta’s Executive Committee in July where he’ll oversee the continued integration of the group, which operates in the comms, marketing and advertising spaces. He will also develop Porta’s public affairs and corporate comms capabilities. His experience includes delivering strategic comms advice to clients including EDF Energy, Network Rail, Kraft Foods, Siemens and the RSPCA. As Porta have just won the Siemens contract it should provide a seamless transition. Looking good for 2016 as it rolls out. The shareprice should soon start to reflect the may finals and the all-important trading update for this transformational year rather than reflect on the 2015 transitional year.

60 Seconds - with Steffan Williams Newgate Communications [Porta] http://www.gorkana.com/2016/04/60-seconds-with-stefan-williams-newgate-communications/ Solid comments from the MD

In the context of things, share volume is still low as 250k shares is a mere fraction % of total. The bigger picture of strong underlying trading should be confirmed with results. The 2015 finals are already telegraphed in essence - turnover racing ahead whilst transitional costs increased from the closure of two underperforming offices and hire of senior managers to accelerate client size. No surprises there. That said, what we really want is just how much the transitional year of 2015 is transforming into the cash generation of 2016. All acquisitions are now bedded in and organic so are growing strongly as a follow on to the Feb update. Management have been prevented from buying shares for a while due to knowledge of indicated possible add-owns, and are now in the closed period prior to finals. As I said previously, the recently organised share plan with a 13p 'hurdle' is a clear indication of management wanting exposure to shareprice uplift when they are prevented from physically buying shares. Whilst all is currently quiet, I suspect a great deal of activity at the work face. I also see the MMs quietly accumulating stock before a hectic series of announcements in May confirming strong growth and accelerating strategy alongside the 2015 results (which will be burdened with additional costs, but these are historic). The arrival of Gavin Devine shortly afterwards will cement the schedule for increased growth showing that Porta has evolved into a universal provider of all aspects of communications and promotion for companies large and small. 2016 and 2017 should see everything fall into place.

Last year, two global players plus Chinese JinJing all bid £80m plus for the stand-alone point-of-care business. It was then encumbered by Selah - now freed of Selah, it would be logical to see renewed interest.

EKF is now a clean point of care healthcare diagnostics business with base earnings forecast at around £4m on turnover £30m without any inclusion of probable tender contracts. These tenders can easily add $10m dollars per contract to turnover which would certainly be regarded as significant. Margins on consumables for all the installed analysers bring in margins of 50% and are produced in house. There is every possibility IMO that a bidding war will start for EKF or has Chris Mills already tested the water.. Whatever the future, EKF is in a fast-growing arena where patients and doctors want instant diagnostic results done in the surgery.

Porta seem to be firing on all cylinders and yet static shareprice. The Siemens win seems to have been very much overlooked in particular. We are starting to pull in bigger names which started with Glencore in October. Steffan certainly seems to be making initial impact six months in.

GoTrader - your observations are interesting and would fit the figures I have but I don't think that's the bigger picture. P308 is way way out on DW forecast - don't know where that came from! He said £50-100m within 4 years. Behind schedule, yes, due to acquisitions of PPS and Publicasity, but the goal is still visible and tangible. We are seeing increased wins, bigger clients/mandates and strongly increasing revenue. DYOR as is frequently advised and always essential.

We have simplified the business back to our core capabilities. This is reflected in a very positive start to 2016 where we are ahead of budget both from a revenue and EBITDA perspective, with Q1 revenue expected to exceed £8m. We still have a long way to go but we are ahead of target regarding stabilising the business. This is what we were looking for - the rest is old news and was indicated in February.

It depends on what your own investment strategy is. The regular posters to this board are invested here and follow the company closely - look back at their appraisals and forecasts. GoTrader and myself frequently post news that is not RNS'd but is relevant eg contract wins. The company is still sub-radar for a lot of analysts and commentators so our comment is useful in DYOR. The team at Redleaf and the BoD will always respond to queries, obviously restricted by regulaiion, but gives a useful 'feel' for the company. Do go to the AGM and meet the team, see the operations. The concencus is that 2015 was a transition year to assimilate the nine constituent companies under one umbrella and streamline operations. Brussels and Frankfurt were lagging the headline growth in revenue were closed to allow the fast movers to flourish. Costs have been incurred but the savings of £1m are operative this year. The signing of Glencore, Samsonite and Siemens contracts since Steffan took the helm seem to indicate we are moving rapidly up the food chain, and Gavin's appointment reinforces that. Porta are now IMO in the transformational year, after the transitional year with cash generation replacing previous start-up burn. Therefore; if you just want your capital back at 10p, we should hit that before end year, probably sooner on growth for first 6 months of this year rather than historic 2015 figures. If you want 20% on top of your stake you need to hold on for 12-18 months or so IMO for 12.5p. If you, on the other hand, want significant growth and a dividend then 24-36 months. That discounts spikes and any acquisitions which would accelerate growth by accretion. All IMO and not any investment advice - just my own conservative horizon scanning.

I would go in Monday and pick up 38000 shares at 6.1p for around £2350. That would give me 46337 shares at an average price just below 10p including any dealing costs. I would then be comfortable that I would realise a profit in the medium term above any other investment including my current position. That is just my opinion and not any investment advice. Pretty sure GT would do the same to bring a realistic target forward. That would align you with a 30% increase if the BoD achieve their minimum hurdle.

You must have been in Porta some time fella to have an average price of 27p - six years plus?

If I were already invested here and my average price was around that level I would be using the current low to buy in and take my average to par value 10p. The company has never issued shares for any acquisition below 10p so it is a significant price. The 'hurdle' level set for directors to benefit is 13p so it is clearly visible and achievable in their eyes. The directors have been and are now in a closed period and cannot buy shares which is why I think this hurdle scheme was put into place now. It seems to indicate good traction in the underlying business and is the only way that directors can get a piece of the action. You would then have a clear view of profit once par value has been achieved rather than a blue-sky 27p. Interesting to note that GT has mirrored my own investment decisions exactly as our averages are pretty similar. I regard any purchase below par value of 10p to be a good move with a medium term view.