Fonix Mobile Share Discussion Threads

[kannerwas] 19/4/2024 13:09

Llama - it's a secondary placing of existing shares, so it doesn't dilute other shareholders.

[rivaldo] 19/4/2024 07:11

Placing done nice and smoothly, and hardly a surprise given the significant shareholdings of the three major holders - which remain extremely weighty at 33% of the company.

Given the apparent demand it's possible that the share price will stick at the 240p mark or even higher, but whatever the case I suspect it will remain pretty strong.

Especially given the signal given the by the 907,000 share buyback at the same price, with those shares now quickly cancelled.

[lammylover] 18/4/2024 19:19

Second RNS out - Board to buy back 1m shares and use up surplus cash!
I think you are right, there are none available at 225p for private investors - unless market is spooked by today's sale and private investors dump big tomorrow at low prices....??
Certainly I'll be happy to hoover up any bargains!

[janeann] 18/4/2024 19:04

it looks that way. and pi's excluded

[johndoe23] 18/4/2024 17:21

Should be able to pick some of these up at 230p then tomorrow!

[janeann] 03/4/2024 16:21

Finally arrived this pm!

[cormask] 03/4/2024 15:20

Yes had mine today from AJB

[janeann] 03/4/2024 15:18

Have any AJB customers had their dividend yet.... mine still not arrived

[wjccghcc] 03/4/2024 08:10

Got mine in II yesterday.

[apad] 02/4/2024 20:09

I received the divi on Monday from IG.

When CPC was taken over I had some in IG and some in X-O. IG was straight away and Jarvis a week later.

apad

[dicktrade] 02/4/2024 19:11

I am positive that HL delay payment on dividends to pocket the interest for a day.

[igoe104] 02/4/2024 17:42

I've not had mine in my AJ Bell account yet..

[dicktrade] 02/4/2024 17:36

Has anyone received the FNX dividend in to a HL ISA account yet ??
TIA

[rivaldo] 02/4/2024 07:44

Looks like FNX powered a good year for Comic Relief, up 18% on last year:



"10th Major Campaign With Comic Relief
27/03/2024

Over £40m was raised for Comic Relief’s ‘Do Something Funny For Money’ campaign on Friday 15th March, £6 million more than last year. This year’s donations bring the total raised to an unfathomable £1.5 billion since the launch of the charity in 1985, helping the lives of over 100 million people! A fantastic achievement and one Fonix is proud to play a part of.

Fonix has had a strong relationship with Comic Relief since 2015, providing text-to-donate solutions to all 10 major campaigns with them, including The Big Night In which raised money in 2020 to support those affected by the COVID-19 pandemic. Fonix has raised over £70 million through text-to-donate solutions with Comic Relief and their fantastic telethons, encouraging donations through the amazing entertainment they provide year in and year out.

Text donations and Delayed Donation are powerful tools in the charity sector. They are an effective way to maximise donations where there is constant interactivity with the audience and mass volumes of donations. Comic Relief has raised as much as £13m via text donations in a single campaign."

[rivaldo] 25/3/2024 09:44

Cavendish's extensive 21 page update note post-results includes some points worth noting:

- "Today’s release highlights: that the Board is considering options for the use of surplus cash including special dividends or buybacks; a strong start to H2 24 that is comfortably in line with our upgrades in January; and that management has identified multiple European countries for future expansion, with a new market potentially being announced in 2024"

- "A robust investment case – Fonix is focused upon leveraging its highly scalable, cloud-based platform to expand with existing clients and win new clients as mobile payments continue to scale. The structural strength of the platform is demonstrated by no churn from major customers in seven years, and it is diligently expanding its market-leading technology outside of the UK when led by existing clients, including becoming the market leader for interactive services in Ireland less than one year after FY23 launch. The successful execution of the strategy has driven Total Payment Value (TPV) to £268m in FY23 from £125m in FY18, adjusted EBITDA to £11.6m in FY23 from £3.3m in FY18, and underlying EFCF to £9.0m in FY23. We expect that any upside to our conservative forecasts would benefit from strong operational gearing through to EFCF, which would be returned to shareholders through the progressive dividend policy"

- "Since IPO in October 2020, Fonix has delivered a perfect record of six consecutive gross profit upgrades and seven consecutive adjusted EBITDA upgrades, as the platform’s momentum continues to build"

- "Through H1 24, management has continued to strategically focus on larger opportunities, including significant enterprise deals in the UK and international markets, and driving greater volumes of transactions with existing clients. Combined with the heterogeneity of the customer base, management are less focused on the absolute number of customers using the platform, and will move away from providing granular customer numbers in the disclosure. Instead, the disclosure will continue to confirm the customer base is over a given size, such as today’s release confirming the active customer base is over 120, following 122 active customers at FY23 results"

[red ninja] 22/3/2024 13:01

Too true, I'd prefer to avoid the spikes, but in reality it's unavoidable.

[igoe104] 22/3/2024 12:58

Happens all the time when this spikes. Its better if shares rises steadily, more chance of holding gains...

[red ninja] 22/3/2024 12:51

Share price seems to fallen through the 270p level currently trading 255p - 265p.

I guess it's inevitable that some will take capital gains at this time of year.

[dicktrade] 21/3/2024 13:42

although only 2.6p its nice to get the dividend for nothing

[igoe104] 20/3/2024 08:20

Spot on gents. Most folks this day of a age live on the never never, expensive leased cars and credit cards and mortgages maxed to the hilt...

[igoe104] 19/3/2024 17:51

Companies like this should be stuck in a ISA, and be held for years. Thats how you make the big money. Too many folks jumping in and out all the time, looking for a quick buck...

[johndoe23] 19/3/2024 16:09

Indicative of society today, everyone wants everything tomorrow!

[janeann] 19/3/2024 16:01

end of tax year .... some may be taking gains for other reasons etc!