Previously I was expected a mid-year update from Frontier in February as a trigger for revaluation of the shares, but according to an interview with Frontier COO David Walsh it might come earlier. Walsh comments: “There should be a brief post holiday period release which will be followed up by the more formal in-depth update in February”.
The article also highlighted that the company in its latest FY results "carries the total cost of Planet Coaster's development and as yet receives only minimal revenue" and mentions a comment by analyst at Numis that "if the game (Planet Coaster) is only moderately successful there would be a materially positive impact on the P&L." This is more or less the same view I hold and the reason for my investment in the company.
The company has previously talked about three franchises, but in the interview Walsh mentions that "going forward the next step is to scale up so as to have four or five healthy franchises."
Both the short and the long term case seems very sound for Frontier.