Monitise Share Discussion Threads

[neilyb675] 22/6/2017 19:53

COUNTER BID

[lefrene] 22/6/2017 15:08

Price now up on almost no volume, or at least no visible volume. I guess LC is so disgusted with the lack of contracts from the Brit Banks that he has thrown in the towel, so who else might want it? Fiserve know they have a steal at 2.9p, so who would like to take it away from Fiserve? Yes I think this is worth more, the content business and tax losses alone have to be worth more than 2.9p, FINkit comes for free.

[j777j] 22/6/2017 14:50

Any ideas the price a counter bid might come in at?5p ? 10P?

[orm5] 21/6/2017 20:24

So who else might be interested in MONI....IBM ?Mastercard ?VISA ?Santander ?

[orm5] 21/6/2017 20:22

Rp, yes I think that's the case with the share price being stagnant for so long

[rp] 21/6/2017 19:31

Very stinky, and all smoke and mirrors. I'm surprised there isn't more antagonism on here, and that there's not much hint of organised protest/action. Maybe we are all too dispirited and resigned to care enough?

[k3vmc] 21/6/2017 16:13

Stinks indeed.

[orm5] 21/6/2017 16:09

What happened to Clairmail, the us company that Monitise bought in 2012 for £108m.....Well I know it's now Monitise America but what happened to the value. That's not mentioning all the other acquisitions.Clairmail acquired by Monitise at £108m but now the whole of Monitise being bought by a US company for £70m.....stinks

[celeritas] 21/6/2017 15:49

That link above.
So moni were early then why did they go on massive dilution and constantly changing plans in the hope something stuck. I fell for the 250m user scenario as at the time I thought Lukies was ahead of the game with the ability,foresight and contacts to make it work. Little did I know this was all Diane Abbott maths with no fundamentals/plan involved at all.

[celeritas] 21/6/2017 15:36

Lukies could have easily said 1 billion users at £10 per head, at the end of the day it really didnt matter as it was all lies and never achievable other than in an episode of South Park.
He's the Diane Abbott of Fintech.

[lefrene] 21/6/2017 15:17

It's going to be a big winner for Fiserve, I can only suppose that they have made a very generous offer to LC, hence he is throwing in the towel. Another great british endeavour given away to the yanks! What with the tax losses it's just about a freebie, so I guess buy into Fiserve, but unlike Moni they are on a fancy rating, but then they do know how to charge and make their charges stick. One A Lukies scuppered this with his clueless business acumen!

[ringer12] 21/6/2017 15:02

As Moni were supposed to be coming into profit in 2017 presumably now we will never know! The takeover price suggests that there wasn't much profit around!

[mikethebike4] 20/6/2017 12:36

quite a lot of NEX activity compared with LSE - all 'sells' though
mtb4

[lefrene] 19/6/2017 18:46

I suspect that Mr Cameron has been made a very lucrative job offer by Fiserve, and instead of living on gruel whilst throwing pearls at the Banking swine, he has chucked in the towel. If the Banks don't trust Moni then let them pay through the nose to Fiserve, and LC gets to enjoy the good life. Although if that is the case, I suspect being an employee of an American company will be rather testing.

[orm5] 19/6/2017 11:31

Now asking above the offer price

[phillis] 16/6/2017 18:22

imposssible

[mikethebike4] 16/6/2017 17:34

How easy is it to get a shareholders list with e-mail details ?
mtb4

[lefrene] 16/6/2017 17:20

There's an idea, but I guess it would have to come down to a small group of big holders to make that happen. Given that the technology seems sound and evidently wanted by Fiserve, I wonder that the end users (ie the Banks) don't get together and buy it for themselves? Too short sighted and clunky I suppose. Pretty soon they will be paying fat fees to the likes of Fiserve, just to remain in business, unless the plan is to let Google and Amazon et al take over retail banking?

[nsk1] 16/6/2017 17:08

Best thing to do....every PI should vote NO to the offer & then EGM to get shot of BOD.....that would be the best 'two fingers' up to BOD.

[nsk1] 16/6/2017 16:45

In my opinion this stinks, they have shafted shareholders to fund development & now they potentially have something of value they are giving the company away. No doubt the BOD will get highly paid jobs once a takeover happens & shares & consulting fees etc, to me it's quite clear to see....the BOD is shafting the PI's again in my view.

[eastender boy] 16/6/2017 16:13

LC gets his options in a takeover of course..

[lefrene] 16/6/2017 16:04

One does have to wonder why LC seems happy to throw in the towel having put so much effort into recuing the mess that Lukies created? Fiserve evidently want the advanced FINkit tech, this is a way of them fast forwarding their efforts for almost no money. Is LC sick of dealing with the UK Banks and is now telling them, "Well deal with the yanks then, and pay through the nose!"