Member Info for NorthernMagic

Same here. They announced on 2nd September there First Design Win WILL be the first of several over the next few months. Once they start to come in and we see the Google Cast revenue stream start to ramp up them the sp should be on its upward trend again. On that basis I'm holding too. GLA

Well that was a very disappointing RNS last week. I thought and it's just my opinion that it wasn't sounding too good in earlier stages after the delays that were mentioned in the initial RNS - they(oil producers don't as far as I'm aware mention such issues as a norm just what progress has been made to date) but I thought out of the initial RNS that things were continuing to plan. It sounds like things for whatever reason went down hill from then on. Not sure who is to blame but no doubt that will come out in the investigation. The odd thing being the companies involved were all very experienced and I therefore wouldn't have expected this. All I can hope for is somehow there is a plan B - sounds like they know the oil is down there, there is a lot of it and it would if a drill was successful flow well. Hope they can turn the situation around. I suppose there are other opportunities in Argentina but am not sure how this affects timescales. I also hope they have a good plan which doesn't hit similar snags when they start looking at what to do with Paraguay next year. GLA

Come on Toumaz recently you promised several design wins in the next few months and all we've had since then is silence. Lets get the ball rolling again with more news!! GLA

Well that's what we've been told and I sincerely hope so. GLA

Intrigued by Macy's comments about hearing about plans going forward. Either the plans are old in which case we know about them or new, in which case presumably shareholders are entitled to some sort of presentation! GLA

Very surprised to see the drop today especially with good news just around the corner. I think it will then continue on its upwards trend after this little dip. GLA

Hi findahappyplace, Although an established company now I see the current situation Toumaz find themselves in are like a new start. My likes from the RNS are 1. Change of name - gives the company a different focus. 2. Share consolidation plan. 3. Google cast now in mass production - results starting to come in in Q4... 4. The recent Design Win and the fact that management has stated there will be several others. My main concern is that although Toumaz are very good at what they do and will not before long have a new income stream to their revenue when they had Sensium there was always the hope that they could commercialise it into another mass market. Now that Sensium has gone I've still got the nagging doubt as to what other areas they can branch into which will earn them a lot of revenue. It would be great to see further diversification and product development(new chips and products). Currently as stated on their website the results say - it is a Period of Transition for the company. Once that has been consolidated and we have larger income streams I would really like to see what the company sees after the Period of Transition. A longer term plan with a more diversified product line. GLA

Does anyone think we might get come design wins announced before the 27th September or do you think they are holding on to the news until the results are announced? Would be good to give the sp a little more momentum. GLA

Yes, it's brilliant to be associated with such big names. The thing I liked about the video clip was again they mentioned there will be more design wins in the next few months - they must have lots of companies trialling their hardware and software this to be able to say so. Looking forward to the next few(many!) announcements! GLA

Thanks juleshoddy - enjoyed listening to the clip.

Hi LosingLess you've got me intrigued now what is ctag pi - is it a rival product to Sensium - do you have more details or a website I could take a look at? Thanks for posting this.

Thanks Kericho, Much appreciated.

Toumaz seem to be moving along well now and look very busy from their news/twitter feed. Will be interesting to see their comments in the results for the half year on 27th September. GLA

Anyone aware of why the price jumped today on such a generally negative day? Somebody maybe realising Ppc are currently undervalued? Hope so, I think we've still some positive results this year and then Paraguay to come next year! Let's hop PL is preparing the groundwork for more success :-)

Thanks AParky, I like PLs style - he's got a good eye on making sure costs stay under control and is delivering. Cannot ask for more. Really looking forward to 2017 though and what he can achIeve in Paraguay especially since he places emphasis on working with partners and cooperation. GLA

Many thanks Losingless. Very interesting. It also fits in with the news of more design wins in the next couple of months. Very interesting times for Toumaz. I hope they can maintain a number of products coming through their production line like this bodes well...

Could a realistic price for PPC be 20p by Christmas 2016? Price by Christmas 2017, anyone's guess but 2017 should be a very exciting year for PPC and drilling plans for Paraguay? GLA

No worries Breton59 - didn't think anyone was ignoring me. It sounds from the research I carried out on Google that the Design win was as I expected - the Toumaz product has been designed into JBLs product(s) - so future sales but as to when I suppose it isn't obvious. However, if other companies have to play follow the leader and no other companies produce what Toumaz are currently doing then this is big new - hence I suppose the initial jump in the sp the other day. If there are several more design wins to come in future months this could be massive news - just the sort of thing I'd been hoping for as being the sort of products Toumaz can incorporate their hardware and software into. More jumps in the sp to come I suspect - great news. GLA

Can anyone provide the answer please to my question from yesterday? Kind regards, NM

Could someone clarify something for me please. I thought Toumaz were shipping their hardware in the Google Cast product from June this year. So does the recent Design Win mean Harman are have now got designs that will incorporate Toumaz's hardware in their speakers - or are they now doing so i.e. is that what the design win means. Similarly if other large companies announce such Design Win agreements with Toumaz does that mean they are going to start shipping products with Toumaz products in or that they have designs re products that will in the future incorporate Toumaz hardware - hope I've made myself clear. I'm just thinking it will be good for some of these products to be on sale now in the run up toyChristmas rather than an intention to incorporate the hardware in new products. GLA