Updates

musicMagpie - “Buy more” gets a leg up with start of shopping centre rollout

September 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.

As I had mentioned lat month, musicMagpie has begun to expand its network of SMARTDrop kiosks into shopping centres. Three initial locations are Arndale (Manchester), Cribbs Causeway (Bristol) and Willow Brook (Bristol). The sites attract over 50m visitors per year, which will allow it to “buy more” unwanted phones from customers - kiosks already account for 45% of Consumer Technology sourcing in the UK with B2B the remainder. Keep on buy list. ...

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Idox

musicMagpie (January 2024)

musicMagpie (December 2023)

musicMagpie (August 2023)

musicMagpie (July 2023)

musicMagpie - Rental now £4m+ of gross profit (April 2023)

musicMagpie - Starts selling on Walmart.com (February 2023)

musicMagpie - Rental metrics awaited (December 2022)

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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