Member Info for Gotrader

The Pensions Trust, one of the UK's leading workplace pension funds, has appointed Redleaf to manage its media relations. This is the third contract win in last 1-2 weeks. http://gorkana.com/news/corporate-and-financial/pitch-wins/pensions-trust-briefs-redleaf/

Institutions selling or buying? Wow.

Porta got a mention here for growth of 81%. Hardly a sign of a firm doing badly? http://www.holmesreport.com/ranking-and-data/world-pr-report/agency-rankings-2015/fast-movers

Read the article in Share magazine. (P31) As Adastra suggest. DW says they are generating cash. To my view thish means the business is running at a profit. Which would be very welcome news. Remember the results did not include PPS or Publicasity. So this 1.6 million loss is closer to 600k loss. They ploughed a lot of money into restructuring these 2 firms into Porta. Yes there have been trades below 7p today. There have also been a lot of buys above 7p. That final trade of 250k could well be a buy as it has bargain conditions. The shares are not going down on bad news. the broker is predicting 8.3PE this year falling to 6.8. This would also suggest a profit of 2-3M this year. So why is the share at 7p? I think a big seller is still trying to clearly a large bulk of shares. Be it an institution or ex director. Most of these sells don't appear to be private investors. DW really needs to find an institution to buy in here. Especially if the PE ratios from broker are right.

Have you had a chance to read the full company results? 135 pages. It's interesting how they came to 2.2M EBITDA. This included the 475k from WSM reevaluation of assets. Plus it appears start up losses of 613k.( It appears this includes businesses started in last 2 years.) There does appear to be about 1.1M which appears to be one off costs. I would suggest with PPS and Publicasity profits and excluding TTMV the firm would of been closer to breaking even. Hard to judge them really on results for 2014 as so many one off costs. The growth in staffing level in 2014 is impressive. Same for organic growth. Unfortunately expansion and centralising always comes at a cost. I suspect they should be looking to make a profit in 2015. Especially if organic growth continues anywhere close to 2014. June TS will definately be key here. Investors need to see a profit that includes no accouynting tricks.

From what I can see the market lacks confidence in the share. That mixed with 2 stale investors and many investors sitting on big losses is causing share to be depressed. This is also the reason no new institutions are getting on board here. No one is buying Portas turnaround/profit story. Hopefully the 75% organic growth will turn a few heads. I think June trading statement will truly open many investors eyes. The reality is it may take 1-2 years before this share takes off. It will take off soon enough when they show ebitda growth of 100-200% on last year.

http://gorkana.com/news/corporate-and-financial/pitch-wins/brace-of-wins-for-redleaf/ The comms agency has been hired by corporate energy and water consultancy, Utilitywise, and investment trust, Ranger Direct Lending Fund. Looks like two nice client wins for Redleaf. This is a great brand for Porta that will grow to do great things in 2015.

Bizarrely enough LSE has the large 2M buy dated 09/05/2015 on it's directors deal page. Confusion reigns!!! Not sure how to report this error. Possible RNS this Monday morning for the large trade on Friday.

The large trade yesterday for 2.3M. Was this actually a buy? It did have bargain conditions apply. It would of been a higher value than Bob's trade. My next question would be how do trades between 2 large investors get shown on LSE?? Could it be a price was agreed between 2 share holders and trade done privately with an RNS to meet stock market conditions? I wonder if these large trades are merely filling a large sell order coming soon. The price has driffted after several large buys. This would also explain the 17% spike on the results if 4.3m shares had been bought.

2 large trades for 40k and 15k all look like buys but price is drifting again. I would suggest most of the trades above 7.5p are buys. There is talk from Pelliot on another forum that an institution is about to announce it is selling up. Not sure what information he has to prove this. This could be another headache.

I would suggest DW uses his pension funds for shares. Maybe that is why he chose the 10k figure. He apparently used his pension SIPP before. For Bob 3.3 million shares is still a lot of money. Over £200k. In a way Bob uses his loan as a way to buy back Porta shares. Which in turn helps share price with stale investors still dumping stock. Pretty sure the 2.3 million sell is not an institution. Why hold back an RNS for that?

Seems to me the directors are buying up as much stock as they can afford. June trading statement must be very good.

Director's Shareholding Porta Communications plc, the AIM quoted international marketing and communications business, has been notified that Mr Bob Morton, the Non-Executive Chairman of the Company, yesterday purchased 2,000,000 ordinary shares of 10p each in the Company at a price of 6.75p per share through Hawk Investments Holdings, a company beneficially owned by Bob Morton and his wife. Following this purchase, Mr Morton is beneficially interested in 36,286,318 ordinary shares in Porta representing 13.56 per cent. of the Company's issued share capital. Strange that the amount is not 2.3M but shows 2M. I never saw a 2M trade yesterday. Weird.

That 2m trade yesterday was a buy! Bob has bought 2.3m shares. Huge endorsement.

Why should he not smile??? Ebidta nearly trebled. The underlying figures are much stronger this year. Most of the loss is attributed to one off costs such as TTMV wind down (2.4M), LLP costs 0.4M, centralisation costs (0.8m?). Plus other costs incurred. Strip these out and the figures for next year will look amazing. As he said in his interview the figures not included for PPS and Publicasity bring in at least 1M. So that 3.6M loss is not as bad as it first appears. The only real bad news was TTMV here. We already knew this was being wound down. The cost element we did not know. The market would of punished the share if the results were bad. The over hang from the seller has perhaps held the share back. If indeed it was the stale investors final act. Either way it's 2.3M shares lesshe has to sell.

Just watched this 8 min video. DW sounds very positive. He didn't mention TTMV but similarly I don't think he is worried about it either. The outlook looks very strong here. He is smiling on the future. He knows just how strong the first 5 months were. Also how well the underlying business is doing. The broker was predicting a 0.6M loss today from general trading. I actually think the underlying figures beat that forecast greatly. Porta know what they are doing and when the profit starts rolling in the share price will spike quickly.

Adastra did you note that 2.3 million shares sold/Bought at end of day? That could relate to the order they have been filling for last week or so. (Assuming sell?) What is even more odd is the 8p buy at the end of the day at 16.34pm. Both delayed? In a way I hope the 2.3M sell was the stale investor clearing out. I doubt it was a director as they all knew about TTMV closing down by time they all bought in. They would all know how well first 5 months had gone too. I agree it is good that TTMV has been cleared. No point holding onto a lame duck. Better to have those costs in 2014 than ruin figures for 2015. If you look at the figures and focus on the core business it would appear that overall this posted a healthy profit? Lots of number crunching needed here.

I meant profits reach 3m for 2015. Not 1.3

Strip out the TTMV loss of over 3 million and you see a business making money. Profits for 2015 can easily reach 1.3 m. Remember these results missed out the profit and revenue from the new purchases. I doubt directors can buy in 1 month before a trading statement. Looks like the 3m loan could turn into shares. If ts in a month shows ebitda increasing strongly in 2015 then share will rise.

Looks like removal of TTMV leads to a very confused results here. With the exception of France and China, the Group has now completed its phase of start-ups with future growth expected to be from a mixture of organic and acquisition. So France set up due. Fee income up 200% in Newsgate Aus. AGM 25th June. Expect a trading statement then. Looks like most or all parts of the business are now profitable. Hard to know how the market will react here.