Monitise Share Discussion Threads

[stud-muffin] 07/8/2017 17:51

I think to put it to bed 3.4p will do it.

Hopefully that's what is tabled this week.

[nsk1] 07/8/2017 17:12

iD 3.4p is still massively undervalued in cavendish view. My average is approx 2.95p so I'm in profit either way, but it's repulsive how the BOD have behaved.

[investment dave] 07/8/2017 17:10

Looks like if the offer was 3.4p cavendish would vote in favour. Reckon that will be the final offer

[nsk1] 07/8/2017 17:07

Vote NO & let the company go bankrupt, at least BOD will walk away with nothing & a greater tarnished reputation. IMHO this stinks, they are completely immoral & trying to scare people into voting yes. My view is vote NO & ensure BOD loose out too.

[nsk1] 07/8/2017 17:00

Exbroker...seriously, you think they won't get lucrative positions in the new purchasing company?

[timbob2000] 07/8/2017 16:59

Cavendish respond to latest offer:

[exbroker] 07/8/2017 16:43

nsk1
Page 17 of the Scheme document states
"Notwithstanding the foregoing, it is expected that all of the existing Monitise directors will resign as directors of Monitise immediately following the Effective Date."
I am not sure why you think they will be working for Fiserv?

[phillis] 07/8/2017 15:17

presumably Fiserve are in the market mopping up all the sales
buy in quantity at 2.97p and accept 3.1p generates a useful annualised turn

[nsk1] 07/8/2017 14:55

Vote NO....I'd rather walk away with nothing than let this BOD profit. Disgusting BOD, all they are thinking about is lining their own pockets after the sale....IMHO

[hopster] 07/8/2017 13:11

Yep. They sure in the club where failure is rewarded.

[mikethebike4] 07/8/2017 12:49

hop
this type all go to the same 'club' - so no problem for them
mtb4

[hopster] 07/8/2017 12:33

what an embarrassment this BOD really are. Who would ever employ them ever again.

[j777j] 07/8/2017 12:26

If this really is about Finkit,Fiserv can have it for 3.1p and we keep the myvouchercodes content side.That would be an equitable deal.

[mikethebike4] 07/8/2017 12:17

t2
as I said earlier on - they are keeping their options open - whilst trying to get as cheap a purchase as poss.
mtb4

[phillis] 07/8/2017 12:15

standard wording in any offer doc

[timbob2000] 07/8/2017 11:53

It's interesting that the RNS specifically talks about if a 3rd party offer is made for Monitise then Bidco reserve the right to change the offer. Could it be that the big investors are doing the rounds to see if anyone else might be interested in making an offer? The Cavendish article released a while back mentioned IBM may not be too happy with FinKIT being a part of a larger company. I know if I were Cavendish IBM would definitely be my first phone call. A cheeky last minute £100 million offer would I think seal the deal for any would be interested party. Let's see if Cavendish publically respond to this latest offer.

[j777j] 07/8/2017 09:37

The moni bod are illegitimate and must be replaced.Lee Cameron is likely not even allowed to be a director as a result of what on the face of it appears to be something resembling insider trading.Tell Fiserv where to stuff their yankee doodles!

[mikethebike4] 07/8/2017 09:05

ONLY 9.9% votes for their wonderful offer !
mtb4

[mikethebike4] 07/8/2017 09:02

Fiserve trying it on (again)

- "Monitise Content revenues grew 30 per cent. for the year to 30 June 2017 to GBP13.0 million (FY 2016: GBP9.9 million)"

but

"The financial terms of the Increased and Final Offer are final and will not be increased, except that Bidco reserves the right to increase the amount of the offered price if there is an announcement on or after the date of this announcement of an offer or possible offer for Monitise by a third party offeror or potential offeror."

- keeping their options open

Well done BoD - for being so positive! "Monitise expects revenue for the year ending 30 June 2018 to be lower than the year ended 30 June 2017 with a consequent effect on operating results."

- couldn't be much more negative - get it sold and then end up on their personal Fiserve Board gravey train!

MTB4

[dr darkstar] 07/8/2017 08:44

Yes it is still derisory; and I'm still against for numerous reasons. The lack of recognition of value in the tax losses being just one. I see they have the support of 9.9% of shareholders secured already! So to the Wall St coke heads all I can do is return Dodge City's sentiments >>> you Wall St suckers are @@@@ed

[rp] 07/8/2017 08:21

Effectively stopping the 2.9 bid was successful. Now let's stop the derisory 3.1 bid.

[investment dave] 07/8/2017 07:14

Let the negotiations begin!!!!! Great news