Member Info for NorthernMagic

Hi activeblue, It is intereting hjow quickly these things can move. Lets hope they get more of their hardware and software into products and that they have a good Christmas. It sounds like they are expecting a strong second half to the year. Here's hoping - fingers crossed. Atb, Northern

To looking for value adding prospects and good revenue to add to the bottom line with drilling and a development plan for 2018. I sincerely think this SP will rebound then move forward quickly. Atb, Northern

Yes, News tomorrow? will be interesting to see what is talked of in terms of plans and if anything is mentioned re Paraguay. Lets hope positive results give the sp another little boost - also as always I assume Malcy will coment favourably. Atb, Nothern

news before we head on an upward trend into October. Do companies need to inform the market when Interim results are to be published. I've noticed on for example this lse site on the Financial Calendar some companies are listed under Interims on various future days - hence the question. I think as well as short term hopefully we will get some more good news if they can make further progress re acquisitions before Christmas. Atb, Northern

And you are usually the more cautious of the two of us Brasso3 - brilliant! Fingers crossed for those 2 RNSs. Atb, Northern

Me why there is more news to come before not too long. A 10p SP by the end of October? Atb, Northern

Schroders plc. If they have that confidence then I'm glad to be in this share. Atb, Northern

I wonder if this relates to the exploration comments in the interview with Malcy in late June. It will be interesting if Malcy picks up on this and makes a comment on this tomorrow even though presumably there might not be any actual activity for some time. Exciting times! Atb, Northern

Appeared on the President Energy tweets section. It relates to some exploration contacts being auctioned off. So it looks as the tweet says - more opportunity in Argentina! Might be a very interesting week next week! Atb, Northern

the first half of the year. If so does anyone think we might get an update on Paraguay included? Atb, Northern

situation. I'm trying to use the contact form on FSTs website to ask why they haven't reponded to a couple of proevious questions I submitted to them in the last couple of weeks. They use the Captcha system and despite entering the correct details it tells me I've got it wrong. I've tried a couple of browsers too and it foes the same. So, I cannot contact them to say there's a problem with their means of contacting them! Can anyone else confirm either that it is working for them and the browser they are using or it isn't working for them. Is there an alternative email address that can be used? Atb, Northern

Hi activeblue, I catch your drift. I think the big thing it says to me is large institutions must think they can earn a lot of money by investing in the company so by implication we hopefully will see good rises in the SP. Will like to see the update next week and see if they have news in the pipeline. ATB, Northern

I thought I would go back and listen to the Peter Levine with Malcy as the interviewer in June 2017. The things I found very interesting were 1. He talks of acquisitions(plural) and that they were looking at acquisitions between 1000 and 10000 bopd - in Argentina. So, in terms of the news this week though brilliant news in itself is at the lower end of this scale and I think there will be more news to come!! 2. In terms of financing Levine said if something came up they were interested in they would find a way of sorting the financing out. 3. The interview was done at the end of June and Levine also talked about exploration at that time which he said we would be hearing about shortly. I assumed by exploration he meant the targeting of new wells and not anything related to acquisitions(that wouldn't be classed as exploration would it unless it was the purchase of a non explored area). So there might be more news to come here. 4. Then there is news re Parguay to come... 5. He would be happy to expand a bit more in Louisiana..... 6. He talked about they had gone the long way round to getting where they are to today but now they have reach the point where Argentina is starting to add margin with more drilling done and Levine is now looking at various things substantially increase production and reward shareholders. It was really interesting to go back to listed to the interview as now I can see that the plan he has set out has started to deliver it's rewards but there is lots more to come. As Levine would say "step by step and so far so good!" Just one lat point a number of people seem to be a bit unhappy that the sp has not risen more. To me it seemed to be stuck for ages between 6-7p so it is great to see it at over 8p now. Sometimes it appears to take a while for the market and individual investors to catch on to a story. Malcy has been going on about the company for quite some time but it now looks like they are in a position to start to move forward quickly and gather a lot of momentum in the next 15 months. Companies talk about transforming themselves and my own opinion is the President Energy will look a very different company(bigger, more profitable and with a much higher Market cap) than they are today - with all that implies. Atb, Northern

Hi max2mentor, Do you mean the recent court case re the drilling last year? Atb, Northern

Hi activeblue, I can never understand what these things mean. Could you translate please. I would have expected a starting number of shares and percentage and then an amount bought and then an ending amount and a percentage but this is not obvious to me where this company started from to get to this position. Am I misreading it. Obviously you and LosingLess think it is good news so would like to understand this if possible. Atb, Northern

Peter Levine was at some stage in his life a Shakesperean actor. Currently though his role seems to be a trainee postman - he's starting to deliver! It looks like if we have a few more surprises like this and he can continue to deliver we should all do well. I'm really happy to be in this share and hope today will prove to be one of those many days in the future that turn up nice surprises. Lots more to come from this company I think and also brilliant to see 1. No further share issues were required to be raised to finance this and 2. We seem to have a great and expanding presence in Argentina. 3. Paraguay with a farm in partner could still give the company a huges boost. Atb, Norhtern

today. Not sure what has caused it and can never really understand it when the price goes up and there are more sells than buys. Cannot see a reason for it really unless sentiment is turning in PPCs favour. Atb, Northern

leave this for others to ponder. Peter Levine bought 150000 shares at 7.88p, 300,000 at 9.5 p and 181,616,208 at 6p. This tells me 6p was a massive bargain. Malcy says they are very undervalued - so just have a think about how good the current price is. We have been told there is a very exciting 15 month to come with one of the main aims an increase in shareholder value. Please DYOR but as and when I can I am going to increase my holding. Atb, Northern

Hi tynytot, I am putting a lot of faith in PL as a result of firstly all those other groups who are shareholders in President and also that Malcy goes on about PLs determination and he has known PL for some time but also thinks President is undervalued a lot. So for these reasons I'm sticking with them. However, at the same time I am going to review how the company has done at the end of 2018 based on PLs targets. ATB Northern

Hi Brasso3, Thanks for sharing the links unfortunately cannot see the ft one - must have to login as a member to see that. Not sure why they have tweeted on the Vaca Muerta region of Argentina unless they are interested in showing how things are progressing in Argentina - but not sure re any President interest. What I really would like would be if President could target and get some results from either new wells and some good acquisitions. PL mentioned President were looking at good acquisitions but not sure about new wells and ramping up production that way in Argentina. Will have to see what comes in the Interim report and any results in the next few months. Hopefully we'll get a better newsflow in the run up to Christmas it's been quite quiet for the last 6 weeks... Atb, Northern