UK 21:53 Saturday, 24 October 2026
Breaking news and expert analysis on fast-moving AIM and LSE listed shares
Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.
In June I noted (see HERE) an announcement from AIM listed health technology company Fitbug (FITB) of “an agreement with inflight retail specialist, Scorpio Worldwide Ltd, to include a Fitbug/Kiqplan product bundle within its range of products promoted to major airlines”. This following an announcement the previous month that Fitbug “has expanded its pioneering Kiqplan offering through the launch of four new training programmes”. I questioned the financial import and that these looked more like “trying to run-up interest in its shares, another fundraising ahoy?” a red flag. And so today…
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Comments
MrMoto
This is another great stock selection from Shareprohets favourite basher, SvelteJD aka @LewisJd38
Absolute shite company and product, I mean how on earth can they compete with market leader FitBit with a market cap of $8 billion? In essence, they can’t – plus on the other end you have excellent competition like the Xiaomi Mi band on Amazon for £15. From the high of almost 20p, this will be in the 99% club within a year.