Member Info for Gotrader

Fair to say this share is tanking. If we have a mystery buyer they are only willing to do so at bargain basement prices. We also have someone dumping shares each 1-2 days. My guess is small investor or fund? Unless lots of small investors are selling up?? Doubtful as ISDX is not that busy. Also we keep getting these rogue 1000-2000 share trades. Brexit has clearly not helped here. The big downside will be lack of IPO in the UK. This uncertainty could last 1-2 years. Fortunately Porta is not just based in the UK. Overall Porta needs to attract new investors here or use it's own funds to buy back shares. It can then issue them to buy back parts of Aus and HK business as per the AGM resolutions. I am guessing the directors are still locked out.

I thought it wise to clarify. SP seems to be drifting here. I expect a strong trading update based on comments from results. See what happens next week. Redleaf news feed seems very positive. All eyes on Newgate London.

Your email has now changed? Probably why you got not many emails.

Insurance comms specialist, Simon Hayes, is joining Redleaf Communications‘ senior team as director. http://www.gorkana.com/2016/06/redleaf-appoints-simon-hayes-as-director/ Looks like Redleaf are making a push on the Insurance sector. Especially after that award for their insurance campaign. My guess is Redleaf seems to be doing very well here.

Since June 02 2016 someone has grabbed over 1.2M shares. Pretty much the same pattern of buying 50k and 100k. How long before this buyer crosses 3%? Pretty sure this buyer has been soaking up any sold stock here for last few months. We saw it before when the small fund sold out. If the buyer passes 3% it will be interesting to see what stake they choose to build up to? 3% 5% 10%? Assuming it is one buyer? AGM in just under 2 weeks. Timed to be after EU vote no doubt. Better for Porta if UK remains in EU it seems? Might swing my voting decision. Guess the news front will be quiet now till June. Directors locked out again??? A question for the AGM if anyone here goes.

Late sell trade 8,801,254 volume worth 3.41 million pounds. Interesting. Matched by 3M buy via RNS yesterday.

Redleaf appoints Amy Williams to associate director. http://www.gorkana.com/2016/06/redleaf-appoints-amy-williams-to-associate-director/ “Redleaf is going from strength-to-strength and, with the development of a robust senior team, we look forward to Amy continuing to play an important role supporting our new business initiatives and delivering for our clients.” Zoe Ensor to lead PPS Manchester team http://www.gorkana.com/2016/06/zoe-ensor-to-lead-pps-manchester-team/ Andy Martin, managing partner at PPS Group, added: “Zoe has an excellent track record and we’re delighted to add her to our brilliant team. The – often talked about – offer of integrated communications across the business is something she truly understands, and we’re delighted to be delivering.” Continued trade patterns today. 2 players trading off shares. Both would appear to have below 3% of stock here. Smaller funds?? New investors as per last few months? See what happens.

Trading patterns from Friday. Looks like someone is soaking up any sold stock here. (Unclear if we still have a background seller here.) Finally some upwards pressure on the SP. The buyer will want to up their holdings before AGM if the trading statement is likely to be upbeat. We know first 3-4 months are ahead of budget. Unclear by how much. Question will be the impact of the Brexit vote. Let's hope the trading update is easier to understand this year. Looks like Redleaf have picked up an award for Insurance PR Campaign of the year for CII. https://twitter.com/CIIGroup See what next 2-3 weeks brings.

I wanted to go but it's looking less likely as my friend is out of country.

http://www.gorkana.com/2016/06/to-sub-redleaf-appointed-by-international-greetings/ International Greetings, a designer, manufacturer and distributor of gift packaging, cards and stationery, has appointed Redleaf Communications to handle its corporate communications.

RNS out. 500k buy on 1st was Bob Morton. Mystery over.

Looks like marketing and advertising made a small loss of 0.39m edbitda. 'In total, the Marketing and Advertising division (continuing businesses) overall finished the year reporting revenue of £5.8 million (2014: £4.8 million); gross profit of £3.4 million (2014: £2.5 million); EBITDA loss of £0.39 million ' Communications. The division overall has demonstrated an outstanding performance despite significant internal restructuring costs incurred, finishing the year reporting revenue of £28.7 million (2014: £18.8 million); gross profit of £23.5 (2014: £16.7 million); positive EBITDA of £3.3 million (2014: £1.95 million); operating profit of £0.97 million (2014: £0.88 million); and 207 staff employed (2014: 203). Seems positive given restructuring and increase in staff levels. To me the big loss hide a business that is starting to mature and grow. Sure PPS and Publicasity may not be firing a profit? yet albeit I am sure this will come as they bed in and costs are reduced. Bring on September..

Substantial shareholdings As at 2 June 2016, notification has been received for the following interests in 3% or more of the issued share capital of the Company: Number of Ordinary shares held Percentage Hawk Investment Holdings Limited 1 43,586,318 14.92 Hargreave Hale 26,577,514 9.52 9.52%??? This looks wrong to me. Even the website suggests 5.52%. Weird!

Sounds good. If beijing is under Newgate HK then this business could grow nicely. Especially if we can break into China. Some very big firms in China ripe for the help/advice Newgate can offer. It seems to me Porta is picking up a lot of work that Gorkana does not really mention. The report for Newgate London suggests they are working on a number of IPO. The Newgate Austrlaia is working on 10-20 billion dollar projects too. There is a lot of good news in the write ups. Including the cross selling of products from Singapore to London. So the integration approach seems to be doing well. 'Our work across international borders has increased. A good example of this is our work for AlixPartners, the global business advisory firm. Newgate is the lead agency globally for AlixPartners, with teams in London, Hong Kong, New York and Abu Dhabi managing Asian, European and Middle East programmes.' 'Another major project for the business was the biggest infrastructure project in Australia, the Sydney Metro Project. This is a A$10 – A$20 billion undertaking and Newgate has five staff embedded in the organisation providing full-time advice on stakeholder and community relations for this milestone project. ' Business seems to be stable in Singapore. Client levels stable and staffing levels being increased. Abu Dhabi 'Newgate Abu Dhabi, in its first year being part of the Porta group, achieved gross profit of AED 1.5 million. Over 20% of this gross profit was from new business won during the year. Approximately 60% of this gross profit came from retained income. ' Works out at £0.28M profit. Not bad for a start up? Redleaf seems to be one of the shining stars here. 'Redleaf’s Professional & Financial Services team delivered excellent performance in 2015. The team increased net profit 141%, fee income per head by 85.3% to £190,000/head, and net profit margin from 15% to 32%. ' '2015 was an exceptionally strong year for Redleaf’s Property team. Revenues increased 27% to £725,900; profits increased 47% to £231,471; and fee income per head improved 21% to £172,913.' Overall they paint a pretty good picture. Still working my way through it.

Actually they had this resolution (Share buy back.) last year. (Although never actually did it?) So maybe this won't happen. Resolution 8 is more interesting. The issue of shares for Redleaf and Aus Pty. (Resolution 8.) 3.5M shares for 6.7% of Newgate PTY. 4.11M shares for 15% of Redleaf. They did this last year for Redleaf 1.7M shares. Also had a resolution for it. I think this will likely happen. It's interesting the value that this places on both comapnies. Of course at 5.5p a share it's not much. At 14-15p a share it is much more. Not 100% how this works. I also wonder if they intend to pay off one of the loans with a share issue?? Obviously not at these prices. One of the loans is repayable at end of the year and does have options for share to be issued. Or use share issues to make more purchases or fund what the bank is not willing to lend? They have lots of interesting options with these resolutions. Including resolution 7 the allot of shares to tune of 33.3% of the firm. Used to help a deal go through?? Below 10p seems to be a no no for me. Any thoughts???

'This resolution authorises the Board to make market purchases of up to 27,908,790 Ordinary shares (representing approximately 10% of the Company’s issued Ordinary shares as at 8 May 2016, being the latest practicable date before publication of this notice). Shares so purchased may be cancelled or held as treasury shares.' Is this the Directors saying the firm is undervalued?? Hold shares on treasury or canx the shares?? Maybe they want to do this to get the SP to a level where they can do deals?? Hmmm.

Acquisitions. If you takeover a firm for 5m and it's making 500k profit and you can find cost savings of 200-400k then this would add to the bottom line. Of course this also depends how much it costs to borrow the 5m to buy the firm. If the cost of borrowing the money is much cheaper than the current 12% loans then maybe it would bring economy of scale to Porta. Porta has over 8 brands here. If they can cross sell new products to existing and new clients then this could really add to the bottom line. The only way for a big deal now is either merger/takeover or borrowing from the bank. I found it quite telling in DW interview when he said he wanted to double the size of the Australian business.10% growth a year won't do this. Expanding in Asia and China here could well add to the bottom line. Still unclear how China is doing. I have lots of reading to do. In any case I could see the advantage of acquistions if the long term plan is to merge or reach a position Porta get's taken over for £££. DW and BM won't want to be managing this into their 80's. They'll want a big pay out at some point. Is anyone actually going to the AGM? Do you have to register your interest first??

@ Jolly - 4.4m loss was a bit unexpected. Paul's investment here was not huge. I figure 0.5- 1m shares at most. Full report is out today. AGM 30th June. We still seem to have sellers here and a mystery buyer. We wont know till September if business is actually making money here. Need some clean results Agreed 0.9m dividend is annoying. So is 2.7m d and a. Along with 1.5m exceptionals. Plus 0.352m winding down cost for TTMV. That is your 4.4m loss.

Well someone has scooped up 855k of stock here. Staff? Fund? Delayed RNS from a director?. Agreed market cap should be at least 25m here.

Paul Scott has mentioned Porta Communication again today. He mentions the 11 delayed IPO that the chairmen talked about in his video. He then suggests for some firms a slow activity in 1st half of year due to Brexit vote could turn to a much stronger second half of year. In Porta's case especially if these 11 delayed IPO come to market. Paul suggested it was a good time to pick up cheap shares where this may be the case. Porta had a strong first 4 months ahead of budget even with Brexit vote looming. A vote to stay in Europe in June would not overly hit business come July/August as long as the business people start planning new projects again. Of course a Brexit vote in UK may be better news for Porta's asia businesses. Still no sign of any update on Porta's investor page for the directors buy. Or RNS for that 500k trade on Friday. Which might suggest a further RNS here. 22.18hrs and still hard at work Panofcourse.