Monitise Share Discussion Threads

[azaman] 10/5/2017 10:25

it_will_be_alright_soon.com

[alessxito] 10/5/2017 10:19

Rotten.com

[plasybryn] 10/5/2017 09:42

"Moniloss"

[lefrene] 10/5/2017 09:38

"Cap in Hand"

[celeritas] 10/5/2017 09:28

Monitise could also do with a change of name, suggestions?

[mikethebike4] 10/5/2017 09:09

k3
Before we get too excited about this

- Big Radical is only a re-labelling of Monitise Create and despite a reduction in its cost base 'from £3.4m in H1 FY 16 to £2.8m in H1 FY17, we incurred an EBITDA loss of £0.8m (£0.9m H1 FY16)' - all those people cost money
+ H1 FY17 revenue reduction from £2.5m to £2.0m

I think this change of name is just a distancing exercise from Monitise - a failed name

Don't want to appear too masochistic about this but its only words - we need evidence of expansion to affect the SP

FY17 results in Sept. will give us a clue - we should be hearing about customer wins now though !

MTB4

[k3vmc] 09/5/2017 17:43

hxxp://insights.carnival.io/top-11-european-mobile-agencies-2017/

Big Radical in the top 11 Mobile Agencies in Europe.

"Big Radical is brand new, but don’t let that lead you to underestimate it. Scott Ewings, a veteran of several large innovation consultancies, launched Big Radical to create a uniquely collaborative environment in which clients can get digital products to market quickly. He combined much of the design and development core at predecessor Monetise Create with a new management layer, creating a specialised team that is now 45 people strong."

Or is this just thought of as ramping?

[k3vmc] 09/5/2017 14:52

MTB4

I was in the same position as you, with regard to recognising partner firms. Lckily, we have Google. If you want to know what they do and how successful they are, you only have to look.

ATB

[mikethebike4] 09/5/2017 14:02

k3
Of the companies you mention (outside Moni press releases) I have only heard of Mastercard & Experian !

Just look at the figures :-

H1 FY17 - Finkit revenue £0 out of total of £28.2m

The six months to 31 December 2016 saw an enormous amount of activity for the
FINkit business unit. Whilst the lack of a signed contract ........

Until we are able to evidence our first operational contract, we will continue to
.........

The rest of it was about cost reductions not revenue growth - which is what it should have been if Moni was getting somewhere!
MTB4

[k3vmc] 09/5/2017 12:32

Mtb4, I guess MasterCard, igeolise, Experian, BehavioSec, CurrencyCloud, Envestnet | Yodlee, fastacash, FICO, HID Global, LivePerson, MYPINPAD, Syniverse and WorldFirst just don't have your tech savvy.

You should update them on how they are wasting their time with a has-been.

[mikethebike4] 09/5/2017 11:33

lux
I don't think IBM had to spend anything like that on Finkit - remember they took on a large number of technical staff from Moni - that bit probably cost them very little compared with building up an experienced team from scratch - a heaven-sent oportunity for IBM I imagine

I think Moni who used to be full of their own self-importance in the Finkit market have simply been left behind (unfortunately for us)
mtb4

[luxaeterna1] 09/5/2017 10:38

If Finkit is a white elephant, it is intriguing to consider why IBM have spent a few billion dollars now implementing their data centres worldwide, largely to support Bluemix, APIs and Finkit.

Not guaranteed to go well, but I am beginning to see tiny specks of light, I think by September the market will be showing some movement, tiny or moderate, difficult to tell.

[k3vmc] 09/5/2017 00:01

Time will tell.

[k3vmc] 08/5/2017 21:55

banglemoose

I repeat. You do not know what FINKit is. I understand that makes it a white elephant to you. If you don't know what it is, how can it be anything else.

I'm not blaming you for not understanding it. There are lots of things that I don't understand and I certainly would not waste my time or money investing in them. By the same token, I feel no need to go around slating things that I don't understand.

That would be pointless.

[banglemoose] 08/5/2017 18:11

I know that finkit is a white elephant.

[k3vmc] 08/5/2017 17:06

AL still HMG's ambassador for fintech. These young execs like to move around - it's not like 40 bloody years for Barclays Bank, like it was when we were kids.

[k3vmc] 08/5/2017 17:03

banglemoose

I prefer to post what I please, where I please, when I please, unless you show me your Sheriff of ADVFN badge, in which case, i will bow to your superior ego.


"Declining sales." agreed.

"Declining capital." agreed.

"No new business." disagreed. MVC rev increase to £7m.

"Technology out of date." Disagreed. You don't even know what FINKit is.

[lefrene] 08/5/2017 16:14

Doesn't stay anywhere very long does she? Just another talking head? I guess AL had a nice little salary there for a while, one wonders where he will pop up next.

[celeritas] 08/5/2017 15:36

Lukies must have been found out eventually.

[celeritas] 08/5/2017 15:29

2 May 2017
"Good Engineers, poor management"
StarStarStarStarStar
Former Employee - Technical Architect in London, England
Recommends
Positive Outlook
Approves of CEO
I worked at Monitise full-time (More than 3 years)
Pros
Great for autonomy, plenty of scope to contribute and get yourself heard. Flexible and relaxed working environment.

Cons
No signed customers for FINkit, leading to ever-changing priorities and lots of wasted effort.

Advice to Management
The company blew too much cash too quickly building FINkit with no signed customers. Build a solid platform, then expand it. Don't go crazy with too many teams.


30 Mar 2017

"Quality Assurance Analyst"
StarStarStarStarStar
Former Employee - Quality Assurance Analyst in London, England
Doesn't Recommend
Negative Outlook
Disapproves of CEO
I worked at Monitise (Less than a year)

Pros
Good location and Nice cafeteria.

Cons
No work from home option.

Advice to Management
Win projects and Hire people.

[banglemoose] 08/5/2017 15:08

K3. You must be on happy pills. Why don't you hop back to Lse to spout your usual delusional drivel?Declining sales. Declining capital. No new business. Technology out of date.