Fonix Share Discussion Threads

[bamboo2] 18/9/2024 18:53

New thread.

Please post if there is anything you would like added to the header.

[bamboo2] 18/9/2024 18:53

Today we are 10.

At 30 November 2024 the total number of ordinary shares of 0.1 pence each in the capital of the Company in issue, is 100,000,000. The Company holds 924,472 shares in treasury. Therefore, the total voting rights in the Company are 99,075,528.








Founded in 2006, we have grown to be the leading specialist in mobile operator payments, messaging and telephony, focussing on broadcast, charity, gaming, entertainment, transport and digital brands.

Fonix is a profitable and fast-growing business which listed on the London Stock Exchange in October 2020, supporting our international expansion and investment in our core markets and products.

Fonix is now the largest SMS and Carrier Billing mobile aggregator in the UK; we process more revenue in SMS and mobile operator billing than any other UK business in this space.

[igoe104] 18/9/2024 14:36

Another new partnership.

[bamboo2] 05/9/2024 10:10

Hi Asagi,

The charts I posted are useful, if like me you are often monitoring trades on a mobile device, and want a quick overview of intraday and daily volume for example. Also quite useful having auto-updates on the common indicators. Those that don't want to see header data can use skip header.

Thanks for the reply.

[asagi] 05/9/2024 09:57

sorry I didn't reply to you bamboo2. I did try but there wasn't popular demand and now I think also that the charts would clutter the page. This is basically a small to midcap stock, there won't be many serious or momentum traders in it because of the spread and the price will be determined by profits. Just seemed like readers would spend a lot of time scrolling over irrelevant data.

Sorry about that!

Asagi (no position)

[apad] 03/9/2024 10:20

Good idea and it does look like a good time to add - 3 weeks to FY results.
apad

[igoe104] 03/9/2024 10:01

Good idea.

[bamboo2] 03/9/2024 09:48

Anyone got objections or problem with me setting up a new thread with these charts in the header? I have tried contacting asagi to add them here, but no reply.

PS. This looks an excellent time to buy or add!



Six month with indicators

[bamboo2] 12/8/2024 15:10

Change of Name to Fonix plc

The Company confirms that it has changed its name to Fonix plc.

It is expected that the change of name will take effect on the AIM market of the London Stock Exchange from 8:00a.m. tomorrow. The Company's TIDM will remain as "FNX". etc

[johndoe23] 30/7/2024 15:11

Buying at full ask and can't get any size. Need sellers!

[johndoe23] 24/7/2024 12:01

Couple of delayed sells just come through

[apad] 24/7/2024 09:38

We have to be carefull to put understanding FNX into the general context rather than focusing on transients, whether rns or interviews.

In the last 6 months Lluyd Bank is up 41%, FT250 up 10% and FNX is up 2%.
At least FNX is up, many small caps are well down, maybe wishing-well down.

LLOY interims are out tomorrow so we will see how a traded company performs on news.

apad

[bamboo2] 24/7/2024 09:26

Agreed riv. Long term trend is up.

Rising price above rising SMA's. What more could you want?

[rivaldo] 24/7/2024 09:06

I couldn't agree more igoe104. Anyone who's invested at IPO would now be around 170% up here. The long-term chart continues to trend upwards. Above all, this is a high quality, high cash-generating, high recurring income company which continues to deliver.

FNX are notoriously conservative in their guidance and language, so when they say in this week's update they're optimistic about the new territory launch happening imminently this is very good news. This could provide the impetus for the next leg up in earnings and the share price:

"Looking ahead, we are making steady progress on our plans to enter a new territory in mainland Europe, with several TV and radio broadcasters lined up to trial services once we launch in the region. We are optimistic about starting to transact in this new market during FY25 and we hope to be able to give further details at the full results in September."

[apad] 24/7/2024 08:58

£240million MCap, one third owned by insiders. It's cheap but there aren't any share price drivers.
PIs disenchanted and on holiday.
I am well pleased with the fall back after the results as it is an opportunity to increase. August is my favourite investment month. 😊
apad

[bamboo2] 24/7/2024 08:56

saadia, yes the gap up on 22/7 could have in theory become a breakaway.

Another point is to check the gaps on several different charts. Some use direct last price based inputs to form the daily candle shape, whereas others such as advfn uses mid-price based input data.

Some advfn charts even exclude the first few minutes of trading data completely to avoid documenting wild swings in the spread.

[igoe104] 24/7/2024 08:49

As chris Mills said his recent interview trading is a mugs game..

If you want to make decent money, buy a decent company and stick with it for 10 years plus..

[saadia110] 24/7/2024 08:42

Interesting. Should the 22/7 gap not be a breakaway gap as it was in response to a trading update with lots of new news?

[bamboo2] 24/7/2024 08:35

Hi Apad, from a technical charting pov gaps are of interest in that more often than not, sooner or later they get filled. Some people see them working like magnets, an invisible force not to be taken lightly!

The only gaps that seem to remain unfilled are those that are created in response to important news or fundamental events. These are often called breakaway gaps and are a bridge between the real world and the world of TA. Breakaway's can become areas of future support, as price and the market are often inclined to test the validity of a breakout, and its associated cause.

It's good this one is filled.

I will look at BVXP and report back at base!

[post edited for clarity]

[apad] 24/7/2024 08:21

bamboo, is that TA speak for 'it went up and now it is back again', or am I missing an implication?

What do you think of the BVXP bowl?

apad

[bamboo2] 24/7/2024 08:10

The share gapped up on Monday 22/7.

This gap is now filled.

[primarch1] 24/7/2024 08:06

Yep this share is so frustrating

[johndoe23] 24/7/2024 07:33

I know markets are rubbish currently, but still disappointing response to trading update on Monday.

[johndoe23] 23/7/2024 15:01

Very conservative numbers, so easily beaten I suppose. Would be hoping for around 11.5p

[maiken] 23/7/2024 11:47

Genuine question...why would Cavendish forecast less than 3% earnings growth (from 10.3 to 10.6p)for the current financial year ?
Have I missed something ?