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Primary Recommendations

Fonix - Plans European expansion

March 2022

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:
  • 131p
Fonix is a London-based company whose mainstay is to help companies set up phonepaid services whereby they are able to charge consumers for goods and services to their mobile phone bill, allowing a payment to be made without the need to enter a debit or credit card. Another part of the business, messaging solutions, enables its clients to interact with consumers through SMS. The best way to understand what it does is with four real world use cases. For instance, say you were watching BBC’s Strictly Come Dancing last Saturday night, Fonix’s system manages the inbound audience interactions across SMS text (charging voters to their phone). A second example is BT Sports, which is using the system to allow people to pay-per-view a spor ...

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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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