Frontier Res. Share Discussion Threads

[bigdazzler] 07/3/2016 17:42

andysand we have as much knowledge what this company is going to do as who is going to win the grand national in a few weeks.


How can you honestly put a value on the company when you don't know what's happening or when.

It's not even speculation at this stage it's an out and out gamble.Remember even favoured horses that have the best jockey can fall at the first few hurdles just as this company could fail.

[michaelmouse] 07/3/2016 17:24

andysand - No arguments there, but it's a bit early to be ramping a cash shell when you've no idea about which business will be reversed in. Might as well say just buy any cash shell on the off chance that they carry out a RTO with a quality company on a low rating (however unlikely that is!). At a guess I'd say whatever the RTO it'll be ramped to the rafters by the usual suspects. I wonder why? Now let me think.....

[andysand] 07/3/2016 14:33

Yes. They were an oil company. Bad tip. Old price targets now irrelevant. Totally new company, RTO and new management. Previous price action totally irrelevant. Andy

[michaelmouse] 07/3/2016 13:38

Has he mentioned that they last tipped them at 5p? If it's a 67-bagger then they should get back to break-even.

[ivor hunch] 07/3/2016 12:18

TM's comment today:
We now have official conformation that Frontier Resources (FRI) is dumping its oil assets. Great news.
In Africa they are simply being relinquished. In Oman the former management is waiving any sums due to them (for running this company into the ground) and is buying the assets for £1. We will get a big royalty if these assets ever come to anything but since they will not we would not get too excited about that. Lets value the amount we will get from this at £0. If it is anything more we will eat our hat's.
All that is needed now is EGM approval to agree anew investment policy and we are off. Documents have been posted. The vote is a formality.
And than we expect Adam Reynolds to do a RTO very quickly indeed with a cracking life sciences business the target. That will drive a material re-rating of the shares. We are talking weeks here not months. As we explained HERE
At up to 0.075p the stance remains buy

[andysand] 05/3/2016 16:23

This is just speculation. Are we about to be called Freenome? "Freenome Ltd., a technology company, develops a platform that detects the cell-free DNA sequencing of cancer. Its platform detects mutations, copy number variations, and translocations that allow diagnosing various types of cancer and the treatment course based on the complete genetic composition of the whole tumor. The company was incorporated in 2015 and is based in London, United Kingdom."

[andysand] 04/3/2016 12:14

We will agree to disagree. Time will be the judge of course so happy to wait for the outcome.

[bigdazzler] 04/3/2016 10:03

Yep when the froth cools and is blown away even a seemingly small drop to 0.5p is a nice cool drop of 25%.

To much premium buying going on by the ill informed on if,buts and maybes.

[michaelmouse] 04/3/2016 07:51

andysand - It's a cash shell. It's already getting the ramping treatment despite a certain site conveniently forgetting that they were ramping it before as Frontier Resources at 5p. Anybody daft enough to follow shareprophets will have lost 98.5% of their investment.

[andysand] 03/3/2016 23:44

That isn't true. Firstly, you don't know (nobody does). Secondly, a RTO isn't a ramp; we will all need to make a decision on whether it is likely to enhance shareholder value. And Reynolds has a track record of doing that spectacularly by the way.But if you really believe that, then you should be buying in any case! You are here to make money right?

[michaelmouse] 03/3/2016 19:53

"Something is definitely happening." - You're right it's about to be ramped up again by a bunch of dishonest shysters!

[ivor hunch] 03/3/2016 19:20

181 million shares changed hands today - worth some £1.26 million which equates to over 30% of the current market cap (if it's still £3.45 million). Something is definitely happening.
Ivor

[andysand] 03/3/2016 16:27

Well, you are entitled to your bearish view of course. That's what discussion boards are for. But i don't share it. I am betting that Adam Reynolds will mean more than a strict cash value. After all, a monkey could lead the company and it would still be valued at net cash.

[michaelmouse] 03/3/2016 15:39

Ramping already in full flow I see. To give them credit at a bid of 0.06p shareprophets will be at break-even in another 83 bags time. Round of applause andysand for possibly the most ramptastic effort ever - post 267.

[bigdazzler] 03/3/2016 14:01

Like I say I will wait until after the froth.

[andysand] 03/3/2016 13:57

This video about Adam Reynolds is well worth watching. I think it explains what is happening here.http://www.shareprophets.com/views/12017/video-of-uk-investor-show-masterclass-on-shells-with-adam-reynolds-of-premaitha-optiobiotix-fame

[andysand] 03/3/2016 13:17

I will explain...if a company with huge prospects were to be reversed into this shell, then it is the perceived value of the new company that will dictate the net asset value. How much goodwill is in the new company for example. What are its prospects. A simple cash calculation isn't going to give the right figure. This is exactly what I believe is about to happen.

[andysand] 03/3/2016 13:13

That 'froth' will remain for a very long time. There is a lot happening and a lot about to happen. In fact I expect to see an awful lot more froth!

[bigdazzler] 03/3/2016 12:46

I will wait until the froth disappears and another period of major market weakness and then consider a buy in at a much cheaper price.

Much nearer the 0.3p than the premium of 0.7-0.8p

[andysand] 03/3/2016 12:15

I think this is very much worth a punt. The chart is now meaningless as everything is about the future. I would think we will see a new name pretty quickly too. Hope should see a significant increase in the share price in the near term. Nothing to prove until 6 months down the road.

[michaelmouse] 02/3/2016 21:12

Yes they last tipped it as a BUY in 2013 at 5p. That'll be a 98.5% loss then. Perhaps they'll have better luck this time.

[banshee] 02/3/2016 17:26

Tipped today, or rather on friday but only going PD today.



According to the tip trading at circa 2.25x NAV (cash) currently I think, vs 1x NAV for LIFE a similar Life Sciences vehicle this time with Jim Mellon on the board as opposed to AR.

[the stigologist] 05/2/2016 11:17

Wallgate Group plc
Mr Reynolds was appointed as a director of Wallgate Group plc on 3 July 2008 and resigned on 28 November 2008. Wallgate Group plc was put into administration on 12 December 2008 and became subject to creditors' voluntary liquidation on 15 December 2009. The liquidator's statement of receipts of payments to 25 February 2011 showed a creditor shortfall of £419,782.12. Wallgate Group plc was subsequently dissolved on 1 June 2011.

Greenhills plc
Mr Reynolds was appointed as a director of Greenhills plc on 22 December 1994. He resigned on 24 January 1996. Greenhills plc was put into receivership on 8 August 1996, and an order to wind the company up was made on 19 February 1997. The receiver's abstract of receipts and payments to 6 July 1998 showed a creditor shortfall of £216,877.32. Greenhills plc was subsequently dissolved on 2 January 2001.

Wilton International Marketing Limited
Mr Reynolds was appointed as a director of Wilton International Marketing Limited on 10 June 2005. Wilton International Marketing Limited was put into voluntary liquidation on 14 October 2013 and was subsequently dissolved on 1 August 2014 with no shortfall to creditors.

[brokerdaw] 26/1/2016 10:35

It is over. Poor show from management. Time to move on imo.

[rajai] 26/1/2016 09:26

what debt ?