Updates

Fonix Mobile - 2021 NAP has gained 38%

January 2023

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.

Fonix, a UK provider of mobile payments and messaging services, was a main write-up and New Year NAP (both February 2021) at 141.5p. After a slow start the shares have finally woken up, hitting a new high of 203p over the month. Full year results showed an 11% rise in total payments value to £259m while EBITDA rose 16% to £10.3m even after investment in new products and increasing the sales team. Eps increased 16% to 8.1p, beating original forecasts of 7.6p when I wrote them up. Net cash grew 54% to £7.8m while it paid a 4.5p final dividend. Highlights include 20 new customer contracts signed in the Year, with the active customer count increasing to 123. It also expanded into Republic of Ireland and won its first contract wi ...

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Forterra

Telecom Plus - I am following founder’s lead and selling half to crystallize fabulous gains of 1355%

Fonix Mobile - Eps up 21% to 10.8p (December 2024)

Fonix Mobile (September 2024)

Fonix Mobile (May 2024)

Fonix Mobile - Shares surge above 250p (March 2024)

Fonix Mobile (January 2024)

Fonix Mobile (November 2023)

Fonix Mobile - Upgrade to forecasts (October 2023)

Fonix - Shares hit new high of 231p (March 2023)

Fonix Mobile (April 2022)

Fonix Mobile (October 2021)

Fonix Mobile (April 2021)

Fonix Mobile (March 2021)

Fonix - UK mobile payments provider has the tools for major eps upgrades (February 2021)

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.

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