Member Info for NorthernMagic

Shares bought today. About 29 times more bought than sold. Let's hope further good news is not too far away. Atb, Northern

there has been quite a fall in the sp over the last 2 days but looking at the company's presentation there were also a number of charts showing growth in certain sales and also talk of releasing products in relatively new markets, so logic suggests that revenue and profits will grow. On this basis the fall looks overdone and I would expect a return to an increasing trend in an upward move of the sp. Two months ago the sp was 208p and I therefore think the drop to 136p is overdone. To put it another way 136p looks quite a bargain now. There are a couple of other things too - the markets growing could bring about that sizeable increase in revenue as could the Internet of things and products produced for that market(though not clear exactly what at the current time). Another possibility might be a takeover. Both will lead to an increase in price. One thing for sure though is FST appear to have world leading technology that other companies do not have. I'm hoping it will not be long before the sp starts to rise again from what imho are artificial lows. As always though dyor. Atb, Northern

To the results with the SP drop. It would be good to think we will see a step up in revenue and profits and the SP. The only thing is the presentation looks like any of their presentations over the last few years and the company seems to spend a lot on R and D just to make marginal gains. Some good deals and further positive news is required to get the SP back on its upward trend but that is purely imho. Atb, Northern

more than have flashing lights on his blog saying BUY SDX NOW! He's put some great positive details on his blog re SDX today and there is so much happening with this company it must surely be worth an investment if you have some money to spare. By all means DYOR but this share is looking great value at the moment. Atb, Northern

Hi Deepthinker, Yes agree 25p by year end would be great. However, if things really move in our favour re Paraguay then who knows. Re financing my gut feeling is PL will try to grow the company organically and finance from cash flows but he seems to have access to funds so hopefully he can do that. Another rights issue might be a nice idea 😀

Whatever is driving him at the moment hope he keeps taking it. I think we might see a transformed company by the end of 2018 and he's very positive about their residence in Argentina. Atb, Northern

Hi juleshoddy, Very much agree with your sentiments. It has been great to see the sp move so well over the last 6 months or so and will be interesting to hear if there is any extra news tomorrow. I have a great deal of confidence in the general management - it's a very impressive team but would be good if we could strike deals and continue doing so with the very big players so we have more and more mass market appeal in lots of different products. The Twitter feed gives a constant stream of positive news but sometimes I feel the management underwhelms a little in terms of presentation and blowing their own trumpet. This is especially the case given the technology and the growing use of the Internet of Things- not heard much about that for some time now.... Atb, Northern

on the President Energy web site. 2 brokers with target prices of 13p - 18p. Anything in between would be nice in the not too distant future but as PL is now starting to enjoy himself I think we will hear news soon. Atb, Northern

bought a million shares today which in anyone's book is a vote of confidence and a very big investment. Sounds like we are in for a good rise in the SP but not sure about the timescales. Nice to see. Atb, Northern

from President today. They appear to be building real momentum now. Excellent increase in resrves, increasing production and also revenue. I'm sure another acquisition will not be too far away and then Paraguay in the second half of the year. Atb, Northern

Hi Martyw89, Had a look back to see if I could see any comments on Malcy's blog. His last ones appear to be around July 2017. In a Box interview he talks of huge upside and in comments in his blog around this time mentioned. Significant upside potential. The comments at this time were based on it sounding positive that the moratorium would be lifted pending regulations being adhered to. The draft was then delayed but I think his opinions remain the same. I know this doesn't relate to a price on the SP but encouraging all the same. Having said all this please DYOR and do not invest more than you can afford to lose as mentioned by another poster on this BB. Atb, Northern

Hi Martyw89, Had a look back to see if I could see any comments on Malcy's blog. His last ones appear to be around July 2017. In a Box interview he talks of huge upside and in comments in his blog around this time mentioned. Significant upside potential. The comments at this time were based on it sounding positive that the moratorium would be lifted pending regulations being adhered to. The draft was then delayed but I think his opinions remain the same. I know this doesn't relate to a price on the SP but encouraging all the same. Having said all this please DYOR and do not invest more than you can afford to lose as mentioned by another poster on this BB. Atb, Northern

Would be really interesting to see any comments on this from people with more experience of this share than me but it has been very interesting to see the SP move up from the 26th February and into March. Atb, Northern

announcement of results will bring in it's wake any further announcements of progress in both sales and new design awards in the first couple of months of the year. Atb, Northern

that appear on President Energy's Twitter feeds say it all really :- "We are committed to significantly expanding our business in #Argentina and are very positive about the Country's prospects� and mentioning the dual listing they state "it will help attract investors, both institutional and private who are looking for high growth companies operating in #Argentina" So, the key words here are significantly expanding - I might be reading more into this than I should but I assume that means more acquisitions and also high growth companies - PL is looking to grow the company quickly and significantly. I think 2018 might turn out to be a very interesting year for President. I'm hoping to buy some more shares in the company before(hopefully) the prices starts to quickly move up. The sp seems to have stayed static for a while now but it wasn't that long ago that it was around 6p and PL is now pushing for growth and an increased bottom line and in the background we are getting closer to a Paraguay drilling which is said to be happening by hook or by crook in 2H 2018. Atb, Northern

In Malcy's bucket list and at this price he is suggesting it's a very good price and with the company moving forward well with margins and cash flow should do very well this year. Sincerely hope so - fingers crossed. Atb, Northern

the behaviour of this company's sp at the moment. A different company(Serica) makes a deal to acquire some very good assets in the North Sea - yet to be signed off and I believe they have also some tax advantages in the North Sea too and their sp rises dramaticall. President acquires new assets and they are starting to perform remakably well - record January results and they have stated their intention a number of times recently to acquire more - and I believe they also have tax benefits going through to 2020 and their sp falls slightly - cannot quite figure this one out. If I am right in my analysis though this implies President is very good value at this price. Atb, Northern

results announcement for the company on I think the 8th March. Probably very similar numbers to what has already been announced but will be interested to hear about any trading update and any further deals that might be announce which should all help move the company forward. This is especially the case as deals Frontier seem to be able to make are often with very large market leading companies - with mass market production I believe of some priducts in the second half of 2018. Atb, Northern

News of recent revenue and a number of tweets today reemphasizing that President want to get some more Argentinian assets. In fact if PL wants a 50million EBITDA then he will need to acquire extra assets and repeat the current methodology. Sounds like they are still busy seeking those assets! Atb, Northern

Hi Office, The use of that consolidator quote - very similar to what they used in their recent presentation suggests to me they are looking for, or at some more Argentinian assets. The quote and repeated use of it doesn't make sense otherwise. Here's hoping for news before not too long. I honestly cannot see the reason for the SP fall. President are no longer going "the long way round" but starting to make some great progress. Atb, Northern