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Authoritative Independent Monthly Share Selections Using Technical & Fundamental Analysis

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Fonix - UK mobile payments provider has the tools for major eps upgrades

February 2021

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:
  • FNX
  • Price:
  • 141.5p
After making Fonix a NAP for 2021 last month, I enjoyed a fascinating conversation with CEO Rob Weisz. Fonix is a UK provider of mobile payments and messaging services and while not a household name, the technology platform it owns has played a vital part in Strictly Come Dancing, providing those short seven digit codes that viewers need to text to vote for their favourite couple, whittling down the contestants each week from 12 to one. A total of 13.2 million viewers (an audience share of 53.3%) watched the climactic final when Bill Bailey and Oti Mabuse were crowned 2020 winners. Although the Strictly type of  votes enjoyed their heyday in the noughties (these days for instance voting is also allowed online for free), there is pl ...

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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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