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Frontier Smart Technology

June 2018

Investing in shares may lose you all or some of your money. Past performance is no indication of future performance. Some of the shares recommended here may be small company shares, which can be relatively illiquid and hard to trade and this makes such shares more risky than other investments.

  • Epic Code:
  • FST
  • Price:
  • 83p
Frontier has revised this year’s guidance down to sales of US$47.7m for ebitda of c.US$1m, and these will be skewed to H2.The DAB side last year had seen heightened demand in Norway after analogue signals had been switched off and consequently that high demand from last year did not repeat; in addition, many distributors were holding sizeable excess stock, which impacted on Q2 orders. Q3 has seen inventory reduce and ordering is returning to typical levels and Frontier expects a return to growth in 2019 driven by the forthcoming FM switch-off in Switzerland (due to commence in 2020) and other markets of  Germany, France, Italy and Benelux moving towards switch off.But of course the reason for investing is its Smart ...

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With small companies there is an above average degree of risk compared to buying blue chips. Please be aware that we have not assessed the suitability of any of these investments for you. The newsletter simply states a personal view and diarises the editor’s investment decisions. Please speak to your stockbroker or other qualified individual to ascertain whether any of these companies mentioned would form useful additions to your own portfolios. Past performance is no indication of future success.

All material on this website is protected by copyright. You may use Information retrieved from the www.scsw.co.uk website for your own personal non-commercial use which means that you may not sell or copy this information to any third party without prior written consent. ISSN 1358-183X

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