Fonix Share Discussion Threads

[rivaldo] 25/1/2023 07:48

Because:

- they've consistently beaten or traded in line with expectations
- highly cash-generative business model
- high recurring income
- extremely capable management which manages in a prudent fashion
- never adversely surprised the market
- global growth opportunities
- in a high growth market/sector
- excellent dividend record and yield

That's all I can think of at present - there are probably more!

[spooky] 25/1/2023 07:43

Absolutely no idea why FNX trade at such a premium multiple compared to the market. Growth rate definitely doesn't suggest they deserve it IMO.

[rivaldo] 25/1/2023 07:30

Agreed, an encouraging H1 update. Active customers are up nicely, a second tier 1 media client has launched with FNX in Ireland and EBITDA is up a very satisfactory 12% (despite a charity income decline which has thin margins so has little impact).

In addition:

- there's "a pipeline of other opportunities" in Ireland
- the "upgrade of technical infrastructure had doubled the capacity of key Fonix products

And it sounds like there's news flow to come shortly on "significant client prospects":

"Fonix's key business segments of payments and messaging have both grown in the Period and the business retains a growing pipeline of significant client prospects going into H2 FY23, and we will provide more information on these with our interim results."

Above all, the outlook is "confident in the growth potential for Fonix going into H2 FY22 and beyond".

[hastings] 25/1/2023 07:11

Very good update this morning comfortably in line.

[rivaldo] 17/1/2023 09:41

Barclays finally "found" my FNX dividend. Only around a month late :o))

Agreed igoe104. This is hopefully a share to hold long-term as it steadily grows - all the while paying out handsome dividends unlike most of its brethren.

[igoe104] 05/1/2023 14:26

This share could well be £10 plus in a few years down the line. Lots of new markets too expand into...

I'm certainly holding, for many years to come yet..

[rivaldo] 03/1/2023 08:29

Happy new year to everyone here. And a good start to 2023 for FNX - looks like almost £30,000 of buys this morning already, and more all-time highs.

Barclays still haven't "found" my dividend. Unbelievable!

[igoe104] 21/12/2022 12:24

I've had the same thing with dividend payment before. (With another holding ) It will eventually be sorted, but frustrating while you have to wait.😒

[rivaldo] 21/12/2022 12:02

Nice move - new highs again.

Barclays appear to have "lost" my FNX dividend and are currently looking through their bottom drawers to see where it's been filed. Great :o))

[igoe104] 13/12/2022 14:59

I think the latest USA inflation number has helped the market and pushed these above the £2 barrier.

[rivaldo] 12/12/2022 11:03

Apparently Barclays pay dividends out 10 business days after the dividend is paid to them - whereas, whilst all brokers have different policies, some (most?) pay them out of their own reserves immediately. Or at least, much more quickly.

So my FNX divi should be received on Wednesday. Are Barclays the worst or what.....

[dicktrade] 09/12/2022 14:29

got mine Riv with HL but very slow.

[rivaldo] 09/12/2022 14:13

Barclays still haven't credited my divi! Any other holders with accounts at Barclays here with the same problem?

[rivaldo] 06/12/2022 09:43

Barclays still haven't credited my divi. Consistently slow as ever....

New blog post extolling the virtues of carrier billing versus credit card payments:

[alan@bj] 05/12/2022 17:06

Just checked my HL account and mine's in too.

[dicktrade] 05/12/2022 13:10

Just received mine this morning .
I suggested that FNX might use their platform to text it HL next time ;-))

[starpukka] 05/12/2022 11:59

I still haven't received mine. Jarvis said on Friday it was due to the post strikes; and they were looking at alternative methods of receiving divs.

[alan@bj] 01/12/2022 16:40

Thanks - I'm with HL as well. "The cheque's in the post". Haven't heard that one for a while....but we are back in the 70s/80s with strikes everywhere, aren't we?

[dicktrade] 01/12/2022 14:13

i rang HL today re DIVIDEND and apparently FNX send it by post and the cheque has not arrived yet WTF

[jamtin] 01/12/2022 14:01

Yes we should. Still waiting for mine as well (with HL).

[alan@bj] 01/12/2022 13:53

Shouldn't we have had a 4.5p dividend yesterday?

[rivaldo] 30/11/2022 09:09

The buyer of £17k buy just now had to pay 198.75p, well above the published 197p offer. Promising.

[melton john] 25/11/2022 09:47

Chubb, I used to wrestle with which day is which re divi's. Today (Friday) is record day, if your names on the record the divi's yours. The market takes 2 days to settle a sale or purchase so if you buy the day before record day, it's ex(cluding) divi or if you sell the day before record day you keep the divi. Hope that helps.