Member Info for NorthernMagic

The weeks tick by and we are getting closer to a decision re the Healthcare part of the business. Lets hope they choose the right option and we can then move on from there. GLA

Oh dear, It looks like the previous management have left the current management burdened with debt and the only way out is a fire sale, some sort of buyout or merger. In the current circumstances I think this leaves the company with a very weak bargaining position. Reading Malcy's blog it sounds like he thinks there might be some hope. I really do hope so for all those investors who invested in this company thinking it had real potential. GLA

I agree I think they've done the right thing by cutting back on Sensium spending and having this review. I still find it hard to understand why the uptake is so slow and why they couldn't convert the pipeline into orders, given they've achieved all the regulatory requirements. Sounds to me reading between the lines that the difficult part is achieving sufficient revenue to cover development costs.

I still think this company has great potential. The one line in the presentation that says all to me about the current situation though is :- Outcome of Healthcare review will determine future shape of the Group Until then I think it's a wait and see - possible buying opportunity if you want to take a risk. Was anyone at the AGM and do you have anything to report? GLA

Toumaz have never been excessive with RNS news flow but without it the sp appears to be drifting lower. The sooner they can get some positive news out re Sensium and the current trials or news from elsewhere re Sensium progress the better. GLA

Could be me but the website - at least the landing page seems a bit stale now. I appreciate lots of the comments posted on twitter on their news link and it keeps some steady positive news flow. I just wonder how difficult it is for a company like Toumaz to keep the product stream moving. It's wonderful that what they make is incorporated in so many fantastic audio products(mass markets) and similarly they have potential with Sensium(another mass market) the frustrating thing is things seem to be moving so slow. It will be good if they could turn a corner in terms of cash flow and profit this year. One thing that has great potential but I've no idea what course it will take is the Internet of Things - this has been talked about for some time and I remember Patrick Hannon saying how they are willing to talk to all sorts of companies re potential joint ventures(witness Google Cast) and it would be good to hear of more of these initiatives that could result In possible mass market collaborations - just wished the progress and news flow was a bit more frequent. GLA

Sorry it has worked out such a bad investment for you. I keep hoping we will turn the corner with the company in terms of the Sensium product. It sounds like they are going to announce the findings of whoever they have commissioned to look into this by mid year, so not too much longer to wait now. Little bit ironic that for other products they appear to be doing so well but for the health product which has been touted as saving the Hospitals and organisations who use it a lot of money especially these days when saving money in healthcare is such a big issue I would have expected a quicker uptake. It just appears the traction is slow and the organisations who adopting nee to do white papers present actual results etc - a few times I have heard the inventor of the patch Christofer Toumazou express his frustration at this. The only big positive I can see is two large organisations have been testing the patch for some time now, so I hope they are nearing a time when they can publish their results and other hospitals will start to adopt the patch and its associated technology. Maybe from the middle of this year things will start to turn around. GL

Interesting 2 Price monitoring extensions at the end of the da and the price showing 8.50p - not sure if this is just some trading glitch or possibly it bodes well for next week?

That's a fantastic record and hopefully if they can keep doing the same in other areas moving forward - wireless speakers, anything of volume that comes out of the Internet of things - eg their Minuet product in the Google Cast product and a whole host of things that could presumably earn them a lot of revenue if the right product and shipped in volume then we should be looking at a company that could experience good growth and profits. I also hope they stick with Sensium and it is not one of those products that is sold on in some form then goes on to make the people who buy into it a fortune. Would be good to have more newsflow from the company but presumably to gain credibility they will only publish RNSs as and when. In the mean time there is always the Twitter feed on their website to keep an eye on.

That's a fantastic record and hopefully if they can keep doing the same in other areas moving forward - wireless speakers, anything of volume that comes out of the Internet of things - eg their Minuet product in the Google Cast product and a whole host of things that could presumably earn them a lot of revenue if the right product and shipped in volume then we should be looking at a company that could experience good growth and profits. I also hope they stick with Sensium and it is not one of those products that is sold on in some form then goes on to make the people who buy into it a fortune. Would be good to have more newsflow from the company but presumably to gain credibility they will only publish RNSs as and when. In the mean time there is always the Twitter feed on their website to keep an eye on.

Very surprised to see the sp fall to less than 3p. I thought we had some upward momentum. To me the future looks bright. 1. The growth of DAB. 2. The potential of the Google Cast technology and Minuet. 3. The support, all be it slowly for Sensium. As regards this latter point I was really excited by the last line of a news item made on the 1st April. The comment was made by Sarah Henderson from the Health Foundation. The part that really excited me was :- "Our aim is to promote the effectiveness and impact of the teams’ innovations and show how they have succeeded in improving the quality of healthcare, with the intention of these being widely adopted across the UK" It was those last few words that caught my interest - with the intention of these being widely adopted across the UK. Best of luck and lets hope we hear some positive news soon.