Member Info for NorthernMagic

Not sure why but it's encouraging to see. Glah

Not sure what this guy can bring to the table. He seems to be saying the things you would expect "The digital home market is undergoing significant changes, creating exciting opportunities for Frontier. I look forward to working with the team to support its expansion in both new and existing markets." We've heard a lot of talk though and over the last few months rather than the several Design wins promised though we've seen nothing. They don't appear to be getting that "expansion in both new and existing markets." apart from the Audio side - or have I missed something. It would be great if they could give shareholders a new presentation as to where they are heading and what they want to achieve. Rather than looking like an exciting go forward company pushing at the Frontiers of Smart Technologies they are beginning to look a bit stale to me...

Am I right that both Schroders and the International Finance Corporation have both substantially increased their Shareholdings recently? Or have I not read the RNSs correctly today. If they have increased their shareholding by such a large number of shares then that's a great vote of confidence for President. They must be putting a lot of faith in PLs managment and President's prospects - nice to see. GLAH

Wow, that was a massive share purchase by PL last week. He obviously still has belief. Wish I had some spare cash but I'll have to wait till next April for the tax wrapper. We might have heard something about Paraguay by then - I wonder if PL has something up his sleeve on that front? Time will tell... GLAH

It looks like the way this company is progressing at the moment it's a matter of come back next year for any news :-(

Where are they - I hope Frontier Smart Technologies have something to offer us soon. It's getting very tedious all this waiting for news. I know they seem to be linked with big companies in various markets but this lack of news is very disheartening. I thought they would be getting a number of design wins in order to be shipping for Christmas - a tad disappointing to say the least!! GLA

Very odd and I don't quite understand it but apparently shareholders will be receiving a circular asking to recommend something which I thought had already happened unless I've misunderstood?! Had a look at the presentation on President's website today - dated November 2016. The dream and positive message still appears to be there - extra production coming from Argentina in 2017 - Louisiana providing further income and farm outs to be underway for Paraguay in 2017. All we need now is some delivery on the plan rather than the mishaps from the previous drill(overrun $4m !) and some actual production to increase the sp. Would be good to get an experienced operator along side us for any future drilling in Paraguay. GLA

Didn't seem that long ago that we were nearing a successful drilling and an uplift in the sp. Looks like we might be going sideways for a while until we get the drilling workover results coming in. I was intrigued by the inorganic growth comment - maybe they are ready to buy something but not sure what can be bought for $10m - will be interesting to see what the next RNS is. GLA

Yes, I suppose it was an obvious if somewhat vague answer - "As you note, we announced the JBL design win earlier in the year which we consider to be a good win for us. We are making progress on other potential customers and may announce who these customers are once they move to production."

Let's hope there is a change of fortune with a change of name. Gla

Sorry to hear that findahappyplace. Very best of luck with your new investment. I appreciate how frustrating it's been over the last few years. I'm sticking with it for the next few months and see if they deliver what they've promised "several design wins" if nothing materialises I'll reconsider in the New Year. All the best. GLA

I'm starting to wonder if we'll get the good news re design wins after the Na e change and consolidation are out of the way. Truly hope so. Sent an email via their contact form on their website last Friday but haven't had a reply yet :-( Gla

Very interesting find thank you for sharing. Does this imply the drilling will continue after the rig is moved back? Gla

Hi findahappyplace, I'm with you on this one. I'm hoping we get to hear something in the next few weeks and am looking at this as a long term hold - if they can get the revenues up and they have a convincing long term strategy now Sensium has been sold. GLA

Sounded like PL was putting a positive message out yesterday that it was business as usual on a number of fronts. Paraguay is sounding very interesting re close by drilling and the look out for a Farm out partner next year with closer ties with the Cooperation agreement with Petro AP. Wouldn't surprise me if they did become the Farm Out partner next year having the experience they have but time will tell.

Apologies findahapppyplace was a bit flippant on my last post. Sorry to hear you are so much down on your investment. A few years ago I sent an email to Toumaz asking about the frequency of RNSs and support of the sp. Off was a time when they owned Sensium. I was told they never wanted to over hype and would only post on factual news. So when I heard the recent news re multiple design wins I thought we would be hearing good news soon. No news so a continual drift down in the sp. I just hope like London busses....... GLA

Don't worry findahappyplace there will be several announcements re design wins in the coming months and that's straight from the horses mouth :-) GLA

I'm sure it will pick up again. I took the opportunity of purchasing some more shares on the drop. There's too much oil there for them not to have another go at some stage and I'm sure PL will want to get it right next time. Then there is Paraguay next year. I'm assuming that the way PL operates he's been busy on that front too. GLA

Have to agree with you there, getting quite boring and frustrating now and after they built our hopes up. Let's hope for some news soon. GLA

The confusing bit here is I think the Minuet hardware will be being built into the current and future design wins - I think that is right. They are expecting revenue from the Hardman design win to start some time in Q4 2016. As far as I'm aware(page 22 of their First Half year results Presentation) it suggested that Google Cast was ready for mass production in September 2016. Hope that helps. GLA