Monitise Share Discussion Threads

[k3vmc] 08/5/2017 14:57

banglemoose

"How many boards are allowed to go 2 years without a sale?"

Hmmmm, I wonder what the £60m revenue is? Maybe you think that is a charitable donation from well-wishers?

:-)
Moni - never knowingly under-trolled.

[banglemoose] 08/5/2017 14:33

How many boards are allowed to go 2 years without a sale? Needs a clear out at board level.

[dr darkstar] 08/5/2017 13:11

Well Fridays close hasn't helped one jot

[isaready] 08/5/2017 11:45

All,

On the outside they seem to be doing little. Yes,they are doing something but what?

If we were to list four major changes in the business in terms of business model, strategy & direction, markets and technologies, what are they?

I am trying to establish if they have laid down the foundation for something more substantial in the coming year. They have had long enough to change the journey, so have they?

[investment dave] 05/5/2017 16:52

Nice day closed up %

[wiltshireram] 05/5/2017 16:47

UT of 2.47p bodes very well for next week. I wonder......

[investment dave] 04/5/2017 18:47

What's that news out today?

[mikethebike4] 04/5/2017 13:14

I reluctantly accept your agreement Dave
mtb4

[investment dave] 04/5/2017 12:46

I reluctantly agree they could and should communicate more with shareholders

[mikethebike4] 04/5/2017 10:54

k3
slight difference - in the past they shouted about what they were 'going to do' ie. be the worlds number 1
what I am only asking for is news of what they are 'actually doing' - ie. confirmed sales
- not really asking for much
mtb4

[k3vmc] 04/5/2017 10:30

Mtb4

Shouting from the rooftops is EXACTLY what MONI did in the past!!!!

They already have very long-standing relationships with banks!! They are in daily contact with banks. Banks do not look for fintech suppliers in the small ads of the Telegraph.

They have the same advisors as TUNG, who adopted the same softly softly approach at the same time as MONI and for the same reasons. Concentrate on the business and the share price will look after itself - in time.

[mikethebike4] 04/5/2017 10:10

k3
Some feel this is a surefire certainty to come good in the end - I have my doubts given past record and current situation - ie. no sales news
I personnally think it is a longshot and consider myself very fortunate that I might break even (at 5.8p) - one good RNS would do it
I am not very happy with the current situation but while there is a chance it will come good eventually I will hang on

j7
I am not moaning I just think that contributors should keep a sense of proportion in their comments
I don't think for instance that Monitise is very good at 'global roll-outs' looking at the level of publicity from them over the years - I would be shouting joint Monitise/IBM sales from the rooftops - wouldn't you
mtb4

[j777j] 04/5/2017 09:48

You spend your life moaning. I think this business is not for you.It has delivered an opportunity for long term holders to buy shares as undated option money at these levels.Global rollouts in new and fast moving markets take a long time especially with ultra conservative banks.

[k3vmc] 04/5/2017 09:43

MTB4

They delivered unfulfilled promises, QED.

That was then, this is now. Invest in what interests you, or what you understand, what you think will give a decent / outrageous return, or any combination of the above, according to your inclination.

We all have woulda, shoulda, coulda investments - I can safely say that I have never handled an investment to my complete satisfaction - but maybe you should try to look at MONI with fresh eyes and decide either to go with it, or leave it behind? You don't seem very happy with it.

[mikethebike4] 04/5/2017 09:02

j7

Date of your extract is 2014? - its 2017 now

The personel transfer happened because Monitise were desperate and IBM saw a bargain way to get expertise

FT - 27/8/14

News of the agreement sent Monitise shares up about 14 per cent to a closing price of 48.4p. Monitise shares had fallen precipitously in the preceding months, to half the 80p highs they attained earlier in the year.

What if anything has resulted from this tie-up - Monitise has cut its headcount and revenue and off-loaded a lot of its expertise is all

Revenue FY2015 £89.7m
Revenue FY2016 £67.6m
Headcount 850 to 500

This was a company that promised the world and delivered what ?

MTB4

[j777j] 04/5/2017 08:40

"Monitise's technology will now be enabled, hosted and sold as an IBM cloud-delivered offering in the business-to-business space, with Big Blue committing its huge sales and specialist resources. And, while the initial focus will be on financial services firms, the partners say that they will also look to win business from mobile network operators, retailers and others."

[j777j] 04/5/2017 08:20

They didn't just give them away and that's that.They were transferred for a reason..."Mobile money firm Monitise is transferring its UK professional services staff to IBM as the two firms ramp up their alliance.Building on an agreement forged between the pair in July, Monitise's entire UK development and integration business (known as Professional Services), including some contractors, is now moving to IBM. Monitise customer contracts, client relationships intellectual property, commitments and delivery remain unchanged. "The news when it finally comes will see the share price back to 20p plus in a blink.

[investment dave] 03/5/2017 18:28

Looking for 30-40p a share here shortly Mike hold on for that

[mikethebike4] 03/5/2017 17:21

hope you're right k3 - I really do !
mtb4

[k3vmc] 03/5/2017 15:44

Again, I beg to disagree. Next half year will be the first to benefit from restructuring, which includes recent staff reductions, but they have hired new staff in Wales. I also repeat that you do not, not, not, get 13 partners, from MasterCard down, to waste their time on a no-hope enterprise.

Consolidation at this stage would be a costly distraction. But it won't happen anyway, so not point promoting / objecting to that idea.

The next few months, not years, will show what MONI has to offer.

All IMHO

[mikethebike4] 03/5/2017 14:15

k3
I agree they were at the cutting edge but used that edge unprofitably - tying themselves to poor long term customer projects - it took them too long to start cost-cutting/streamlining their company
Restructuring finished a while ago all they are doing now is shedding surplus labour as their product fails to sell as it should
I think 2 years will show us the true position, meanwhile they need to reduce the number of shares so they are not a 'penny stock'
I am not selling yet however
mtb4

[k3vmc] 03/5/2017 13:14

Ok. So we see the same symptoms, but have a different diagnosis.

I see them as a company that was at the cutting edge of fintech, but completely lost control of costs. They committed to poorly costed projects, grabbing as much market share as their salesmen could get commission on. They paid fancy salaries to give fancy job titles to bright young things.
I had a small software company for 25 years. I have been involved with promising companies that have folded, because salespeople with poor technical knowledge had too much influence in contract negotiations. Fatal. The other flaw is that technology keeps changing. I had the same problem, having to constantly retrain myself and employees. I really needs a product to sell, but never had the time or resources to do it.
Well, Moni bit the bullet and set out to build a product. It has taken blood, sweat and years, but now they have it.
You think they made a huge, costly mistake. I think they made a huge, costly investment. The next six months will tell us whether they were stupid or smart.

Judge them when their restructuring is complete, not before.

In the meantime, REGARDLESS of the above, MVC will provide enough profit to justify the current share price and then some.