Member Info for Bio_tango

Recent interview with Mark Hardy: Mark Hardy, CEO TouchStar Technologies discusses the recent history and future direction of the OnBoard Retail division 1. What has changed at TouchStar Onboard Retail and how has your approach evolved over your 30 year history? 2016 saw Novo IVC start the year with a new website and a new brand. Since the unveiling of our new brand identity “TouchStar OnBoard Retail” in January 2016, we have continued to develop our product suite to deliver pioneering and innovative on-board systems to our clients within the Airline and Rail industries. We continue to align ourselves with the needs of our end users. In today’s price driven market, our end users face increasing challenges to drive down costs, increase ancillary revenues and increase customer satisfaction and loyalty. Delivering an efficient onboard service and exceptional customer satisfaction is key, however it is the ability to deliver a personalised service that now drives the all-important revenue opportunities. As such, our goal is not only to provide an onboard retail system, but a portfolio of optimised system components for our users to manage the on-board retail experience and management of passengers and flights. 2. Why have you decided to build your own back office? At TouchStar, our goal is to provide our customers with the tools to access and manage data more efficiently. In doing so, crew are able to optimise their inflight operations, proactively responding to passenger queries as well as providing the all-important personalised service. We developed the NovoStar back office to provide the all-important ground support to help Airlines to manage the logistics behind the operation and control and support the functionality of the POS. Whether an airline is looking to provide an onboard food and beverage service or simply add new products onto their duty free POS, the objective was to provide a familiar interface that can be deployed in a desktop or tablet environment. By providing a single point of contact between the back office and POS, and the ability to customise the functionality of the POS using the back office, our NovoStar adaptors allow airlines to integrate with core systems to optimise the data collation and reporting process for both pre and post flight operations without redevelopment of the POS.

Same strategy as yesterday - open spread while keeping ask high, frustrate the weak ones into selling and move bid back up. Typically set-up for a re-rate.

Fundamentals look great but I must confess that I have been very disappointed with the share price sliding since the finals. Volume has been equally very low in the past few days.

The LSE systems are seldom reliable. Currently 0.77% up at the moment.

Excellent volume again and further consolidation on the chart. Very positive but tends to get a bit boring.

Superb consolidation in this area and building up nicely for the move up.

The ladies in the Argentine head office aren't that bad :)

Almost 3 months high volume and it's not 11 o'clock yet. What's Peter up to?

Technically, they can place below 15p. Just additional hassle of calling a special GM for approval.

It is the nominal value of the share.

Any placing will be at a minimum of 15p, unless they call a GM

Post from Martina on ADVFN: Zoo Digital have just exhibited at MIPTV (3-6 April) in Cannes, France. I fully expect that YMagis were there also. I wonder if Zoo's secretive new product (keep your ears peeled, they said) which was available as a sneak peak in Cannes, was of interest to YMagis. This acquisition by YMagis of 9% of Zoo shares on the 4 April and announced on 6 April could have been any number of things, including: 1. A precursor to a full acquisition for bolt on growth for YMagis (they have done much of this previously/recently)? 2. A defensive move to take out a competitor (or take on its products) who is going to cannibalise your own sales? 3. A long term strategic acquisition to build partnering relations for sharing technologies and skills? 4. A stake building/holding to prevent another from taking it? Any other ideas? Personally, I would expect any full bid to be way north of 48p per share which with 32.661M shares in issue = £15.68M mkt cap, plus buyer would take on debt of say £5M I think), therefore total price = £21M say. Zoo have T/O of circa $14M (£11.6M) I reckon for the full year to end 31 March 2017 so bolting Zoo to YMagis could make sense for YMagis at this price and they get the new products with ??? growth potential for nothing? but Zoo seem to be about to become profitable, therefore 48p could prove to be a very low price (IMO) in an years time. I don't expect Katie Potts (HIT) or Stuart Green (CEO) to undervalue the growth potential of the company though. Therefore, to truly value Zoo we need to know the growth potential and then recalculate. As an aside, I remember about three or four years ago an American company tried to bid for AMS (Advanced Medical Solutions) which I held and still hold. From memory, AMS share price was circa 70-80p at the time and the bid came at about 100-110p per share, so I was very pleased with this uplift. However, AMS Directors fought it and they and shareholders won. The bidder backed off and went away and the share price dropped back to 80p levels I think. However, year on year and half year on half year, AMS has continued to innovate, develop product and bring product to market, sales and profits have continued to grow STEADILY (circa 20% YOY), and the share price is now 250p. boy am I glad we didn't take the money from the bidder as it wouldn't have reflected the value in the potential growth of the business. NIA and DYOR.

Foresight, with shares held within its subsidiaries, was a distressed seller causing a fake market. Their stake has now been acquired by Ymagis. http://www.ymagis.com/

Only a matter of time before the rerate starts here. Seller gone and their shares acquired by YMAGIS SA.

That PPC twitter account certainly more active.

Running some numbers: In Louisiana: Net back (after taking into account severance tax, OPEX and corporate tax) = $28 Production = 200 bopd Net cash back in a month (30days) = $168,000 In Argentina: Net back (after taking into account royalty, transport, OPEX and other taxes) = $38 Production = 800 bopd Net cash back in a month (30days) = $912,000 Total net cash back in a month from USA and Argentina = $1,080,000 For the up-coming workovers, there are assuming production rates of 60bopd, 88bopd and 115bopd per well for the low, mid and high case respectively. Even if we used the low rate case for the 10 wells, that would give us an additional production rate of 600bopd which added to the 800bopd current production rate gives 1400bopd in Argentina alone. I can see why Peter said the 1200bopd was a conservative number and I feel they will deliver this time.

Will it go under?

Consolidating very nicely.

Interesting, PL planning to take action against the previous contractors. Below is an article from upstream: "He then bought minnow Meridian Petroleum, which went on to become President, hoping to replicate the Imperial story. Meridian’s assets were in Louisiana and Australia. The US wells are still producing, whereas Levine gave up interest in Australia, instead pushing for plays in South America. President is 100% operator of the CNO-8, or Puesto Guardian concession, in northern Argentina’s Salta Province. It also holds two nearby exploration licence areas, Matorras and Ocultar. Puesto Guardian consists of five fields, with four producing, and has proven and probable reserves of 18 million barrels, with gas prospects also present. However, by Levine’s own admission, things have not gone as planned in Argentina, with technical failures by a drilling contractor blamed for thwarting a development well on the Dos Puntitos field last year. “I have no hesitation in telling you that we are taking action against them,” the ex-lawyer says, although he hesitates to identify the contractor. Neighbouring Paraguay has also appealed to Levine’s “contrarian view”, with the Switzerland resident confident the company can finally crack what is frontier territory."

Trice from HUR and Peter Levine from PPC to be received by Malcy week after next.