Monitise Share Discussion Threads

[j777j] 13/6/2017 09:47

Cavendish Asset Management Ltd.
as of 28 Apr 2017
109.77m 4.74%

Banco Santander SA (London Branch)
as of 31 Aug 2016
108.20m 4.67%

Hargreaves Lansdown Stockbrokers Ltd.
as of 01 Mar 2017
103.26m 4.46%

Barclays Bank Plc (Private Banking)
as of 01 Mar 2017
88.54m 3.82%

Goldman Sachs (US) (Market-Maker)
as of 01 Mar 2017
87.45m 3.77%

TD Direct Investing (Europe) Ltd.
as of 01 Mar 2017
71.82m 3.10%

Charles Schwab Investment Management, Inc.
as of 01 Mar 2017
67.59m 2.92%

Hargreaves Lansdown Asset Management Ltd.
as of 01 Mar 2017
59.91m 2.59%

Sarbit Advisory Services, Inc.
as of 31 Dec 2016
59.57m 2.57%

Gesiuris Asset Management SGIIC SA
as of 31 Mar 2017
43.95m 1.90%

[dr darkstar] 13/6/2017 09:45

Anyone have access to a recent ownership breakdown?

[j777j] 13/6/2017 09:26

Simple. Vote Nein!


"the Monitise Directors intend unanimously to recommend that Monitise Shareholders vote in favour of the Scheme at the Court Meeting and the Resolutions to be proposed at the General Meeting."


"The Scheme will be put to Monitise Shareholders at the Court Meeting and at the General Meeting. In order to become effective, the Scheme must be approved by a majority in number of the Monitise Shareholders voting at the Court Meeting, either in person or by proxy, representing at least 75 per cent. in value of the Scheme Shares voted. The implementation of the Scheme must also be approved by Monitise Shareholders at the General Meeting."


They need 75% shareholder approval.


Management have proven to be incompetent and nothing they have forecast has come true,own almost no shares in Monitise and are therefore illegitimate.

This was a sordid backroom deal no doubt lining the management's own pockets.

[dr darkstar] 13/6/2017 09:14

Moaning is all very well .. question is what action can be taken by PIs?

[lefrene] 13/6/2017 09:08

I agree it stinks.

[stocky] 13/6/2017 09:02

Made a small bet here at 2.4p, so happy to wake up to the offer. However, my vote is also a NO. 2.9p seems way too cheap for a company whose main asset is now seeing some traction and the legacy business is worth the offer price. 10p and I'm happy to settle.

[rp] 13/6/2017 09:02

alessxito - maybe, but still not enough for me to break even. Feels like another AIM shafting, never again will I invest in an AIM listed company.

[alessxito] 13/6/2017 08:42

5p is reasonable, 7 p is decent,10p is a good deal

[j777j] 13/6/2017 08:41

From today's offer document



"Monitise's Content business, primarily trading as myvouchercodes.co.uk, has experienced sustained strong growth and is a highly profitable business unit."

[seball] 13/6/2017 08:36

Don't accept BID. Voucher codes itself is worth at least £70 million imo. Voucher codes was bought for around £50 mil and has improved in turnover and profit since. With such a low ball offer I'm expecting a higher offer to come. Good luck

[j777j] 13/6/2017 08:35

Something to laugh about...



the Monitise Directors intend unanimously to recommend that Monitise Shareholders vote in favour of the Scheme at the Court Meeting and the Resolutions to be proposed at the General Meeting as the Monitise Directors have irrevocably undertaken to do in respect of their own beneficial holdings of 3,584,326 Monitise Shares (representing, in aggregate, approximately 0.15 per cent. of the Monitise Shares in issue on 12 June 2017


That's right,they speak for just 0.15% of shares in issue!

[mikethebike4] 13/6/2017 08:33

well iD as a major shareholder what do you think?
mtb4

[j777j] 13/6/2017 08:22

The Americans play dirty in the markets.

The questions people should be asking is who was pushing the share price down to such low levels?

Is it not odd that at near all time lows a bidder emerges from across the pond?


All stinks.

Lee Cameron should be ousted with immediate effect and a new management team put in place.


With post Brexit sterling weakness this is even cheaper than they could have imagined.

[bigman786] 13/6/2017 08:17

Thanks J777J.Yep, literally no shares purchased by management for too long to remember. Anyway, fingers crossed we achieve over this 2.9

[j777j] 13/6/2017 08:13

The management own few shares and lack any legitimacy.The fact that a third party has made a bid showsFinKit is a viable asset.Myvouchercodes was bought for £55 million in 2014 and is worth at least double that today.

[cojones] 13/6/2017 08:06

Worth much more... wait for bidding war ;)

[bigman786] 13/6/2017 07:51

J777J what are myv worth ? ... how much nett profit is that side making ?

[kemche] 13/6/2017 07:50

Congrats J7. The uninterrupted record continues..........

[bigman786] 13/6/2017 07:47

I'm certainly hoping for a bidding war, with my cost at 9.5p

[investment dave] 13/6/2017 07:42

Bidding war fiserv see the future which is great