I dismissed this company as froth when I first looked at it. Since then the sp has doubled and continues to steadily rise. I looked again and when I saw the countries and contracts this firm is in---I was impressed and bought some to tuck away. anyone else bought in or interested?

12 January 2012

Monitise plc

Notification of Interim Results Date


Monitise plc (LSE: MONI), the technology and services company delivering mobile banking, payments and commerce networks worldwide, will report Interim Results for the half year ended 31 December 2011 on Monday, 13 February 2012.


About Monitise

Monitise plc (LSE: MONI.L) is a technology and services company delivering mobile banking, payments and commerce networks worldwide with the proven technology and expertise to enable financial institutions and other service providers to offer a wide range of services to their customers in developed and emerging markets.

With live services in the UK, the US, India and Africa, the company is working with international partners to extend trusted and secure mobile banking, payment and commerce services in territories worldwide, including Europe, Asia Pacific and Latin America. Monitise has a global alliance agreement with Visa Inc. and strategic partnerships with Visa Europe, RBS Group and FIS. Other leading partners and clients include HSBC, Lloyds Banking Group, First Direct, U.S. Bank, Standard Chartered Bank, Travelex, Vocalink, Vodafone, Orange, O2, T-Mobile, 3 UK, Research In Motion, Best Buy Europe, The Carphone Warehouse, First Eastern, Astra, JETCO and PCCW mobile.

StockMarketWire.com
Monitise has appointed Goldman Sachs International as financial adviser and Canaccord Genuity as the company's nominated adviser and broker with immediate effect.

Chief executive Alastair Lukies said: "Monitise continues to carve out a clear leadership role in the hugely exciting global Mobile Money space.

"We are pleased to welcome Goldman Sachs and Canaccord as advisers, both representing leadership roles in their respective areas of expertise."

I fancy a few of these.

Canaccord comment:
We believe the mobile money market has reached an inflection point.
A growing number of companies are starting to commit to multi-year, multimillion dollar contracts and we believe many companies are starting the second phase of investment in mobile money. After initial implementation of first generation services, often built in-house, we think companies are planning to invest in a second generation of mobile commerce technologies with third-party technology providers led by Monitise.
The growing urgency in the market has driven financial institutions, mobile operators, merchants and online commerce players to target the mobile money market with differing products and strategies. However, all four groups require critical technology infrastructure to facilitate mobile commerce transactions and Monitise’s technology platform can support all four groups with common services. This differentiates Monitise against the many niche mobile application providers.

Good luck with these Harry - I did put them on my watch list when you first mentioned them - but I'm suffering from information overload atm!

Cheers. I'm in the same position concerning which stocks to pick. You just can't be in them all, so am concentrating on the miners atm, which are doing well. But have about 25 stocks atm, which is still too many to concentrate on! MONI is a slow steady grower for me now, so not too bothered with daily/weekly swings.

Monitise plc (LSE: MONI), welcomes the launch of new RBS and NatWest mobile Business Banking Apps that have been developed in partnership with RBS Group Technology Services.

The bank's business customers are able to track and monitor multiple bank accounts (allowing entrepreneurs to view their full account portfolios), check balances, view transactions and make intra-account transfers. A "near me" function provides addresses and opening hours of the nearest RBS or NatWest branch.

Regarding the launch, Monitise Group Chief Executive Alastair Lukies said: "We are laying deeper foundations with our partners and clients as they position themselves for an increasingly mobile future and we are excited by the apps that we are helping them bring to market."

SAN FRANCISCO - February 8, 2012 - Visa Inc. (NYSE: V) today announced the launch of mobile services that allow financial institutions to offer their account holders the ability to monitor account history and balances, transfer funds between accounts, and receive near real time transaction alerts on their mobile devices.

Working in collaboration with Monitise (LSE: MONI), Visa made a significant enhancement to its issuer processing platform, Visa DPS, to offer mobile services that are fully managed by Visa and can be accessed with any mobile device, any mobile channel, and with any eligible debit, credit or prepaid account. Additional services are currently in development including mobile check deposit, mobile (NFC) payments, mobile offers, and support for V.me by Visa, Visa's digital wallet.

Enabling mobile services through the Visa DPS platform directly aligns with Visa's global innovation strategy to accelerate the global shift to electronic payments, to make payments more secure, more convenient and to bring electronic payments to more consumers in more places.

StockMarketWire.com
Mobile commerce specialist Monitise reported revenue of £15.8m for the first half-year to end-December, three times the £5.3m achieved in the prior year period.

EBITDA in Live Operations was £4.8m ($7.5m), five times H1 FY 2011 and greater than £3.4m ($5.2m) in FY 2011.

Group EBITDA loss was reduced from £7.5m ($11.6m) in H1 FY 2011 to £6.9m ($10.7m) in H1 FY 2012.

Group pretax profit was £1.1m ($1.6m), reflecting one-time gain of £10.1m ($15.6m), related to acquisition of majority 51% holding in Monitise Americas joint venture.

The group had a strong cash position of £43m ($67m), and was debt free.

Monitise had a record order book of £83m ($128m) at 31st December 2011, with a further £120m ($186m) of revenues with a high degree of visibility from existing contracts over the next five years, totalling £203m ($314m).

Monitise said its Enterprise Platform is now enabling billions of pounds of transactions per annum and rising. 480m transactions a year are processed across the platform, compared with 120m transactions per annum in December 2010.

Monitise and Visa Europe delivered the first pan-European mobile person-to-person payments and alerts service.

The alliance with Visa Europe was strengthened on 31st October 2011 via a strategic investment of £24.7m ($38.3m) in Monitise made by Visa Europe to assist in the delivery of its 'Future of Payments' strategy.

Gross margin guidance is increased to more than 70% by H2 FY 2013, driven by a greater proportion of user generated revenues, which have relatively higher margins, as clients evolve through the development phases to live operations. Monitise ee expect continued growing profits from live operations.

Monitise is well funded with a cash balance of £43m ($67m) .

Monitise and Visa launch ground-breaking new mobile payments platform in India
Service will allow users to pay bills, buy tickets and top-up airtime

Monitise plc (LSE: MONI) announced today that Movida, its joint venture in India with Visa (NYSE:V), has signed an agreement with HDFC Bank, India's second-largest private bank, to introduce a first of its kind mobile payments service.

The new service allows HDFC Bank customers to pay bills, top up prepaid airtime and buy tickets from their mobile phone and is designed to operate across all mobile networks using any Visa or non-Visa branded payment account.

Monitise Group Chief Executive Alastair Lukies, said: "We are delighted that our proven mobile technology expertise is powering Movida's innovative new service and thrilled with the role we are playing in such an important market to make payments truly mobile."

Monitise welcomes Visa Europe's Mobile Money Network investment
LONDON - Monitise plc (LSE: MONI) welcomes the announcement that Visa Europe intends to take a 15% stake in its joint venture, the Mobile Money Network (MMN), the UK's leading enabler of mobile commerce and payments services for retailers.

MMN, with its Simply Tap instant mobile checkout service, is powered by the Monitise Enterprise Platform. The network is working with a large number of retailers as it brings together banks, advertisers and media owners to give consumers a simple way to shop using their mobile phone.

Commenting on today's announcement, Monitise Group Chief Executive Alastair Lukies said: "We are delighted by Visa Europe's investment in the Mobile Money Network. The strategic endorsement by the world's largest payments brand comes at an incredibly exciting time. Like Monitise, Visa is working with leading players to ensure that future mobile payment technologies are as easy, simple and secure as card-based transactions are today."

StockMarketWire.com
Monitise has entered into an agreement to acquire Clairmail Inc, a US provider of mobile banking and payments solutions.

The deal further enhances Monitise's position in the fast expanding mobile money market. Clairmail is growing rapidly with revenues in 2011 up by 90% year on year.

The Acquisition consideration will be satisfied entirely by the issue of up to 312,787,144 new Ordinary Shares representing approximately 26.5% of the fully diluted share capital of the enlarged Company1, post completion, and values Clairmail at approximately US$1732m (£109m), based on Monitise's share price of 35.0 p as of the close of trading on March 23, 2012.

The deal is conditional upon US regulatory and shareholder approvals. It is expected that the Acquisition will be completed before the end of the financial year 2012.

I quite like Monitise and their prospects but it would have been nicer to see that acquisition at least partly funded by debt rather than shares.

Interesting dollar/pound exchange rate in that story!

From The Times at the w/e:
One of the country’s fastest-growing technology companies is to go overseas in search of a new listing because of what it says is the failure of British investors to appreciate high-growth, high-risk shares.

Monitise is weighing up its next move after outgrowing the Alternative Investment Market. The £300 million mobile payments software business has yet to decide where it will list its shares, but the bruising experience of dealing with the City over the past decade has pushed it towards markets with more appetite for risk.
Its founder Alastair Lukies said:
“It’s about short-term profitability full stop. Even though we’ve created a half-a-billion dollar business they will not invest in us unless we pay a dividend.”

Joint Venture completes Jakarta Data Centre installation
Services to span mobile banking, payments and commerce for banked and unbanked customers

Jakarta, 11 April 2012 - Monitise Asia Pacific announced today that its joint venture with a subsidiary of PT Astra Graphia Tbk, was ready for business. The joint venture - PT AGIT Monitise Indonesia - has successfully completed its installation in a Jakarta-based data centre to support the full spectrum of mobile banking, payments and commerce.

The platform will allow banks, mobile operators, retailers and other service providers to connect via a fully interoperable and secure network so they can deliver mobile services to both banked and unbanked customers. AGIT is providing both data centre services and local management support for the venture.

PT AGIT Monitise Indonesia is a joint venture between Monitise Asia Pacific and Astra Graphia Information Technology (AGIT). Monitise Asia Pacific is itself a 50/50 joint venture between Monitise plc (LSE: MONI) and the First Eastern Investment Group.

April 12, 2012

Mobile app puts HSBC customers in control of their money
HSBC UK has launched its Fast Balance app which gives the bank's retail customers instant access to their account balance and recent transactions direct from their smartphone. Fast Balance is available on iPhone and will soon be launched for Android and Blackberry phones.

Users can easily and securely access up to 10 accounts via their smartphone, check their balances and review the six most recent transactions on screen. They can also top up airtime for up to five mobile phones.

Fast Balance has been developed by Monitise with HSBC as part of a new three-year deal with the technology and services company to develop and support them.

Popped in to keep you company HARRY , bought a few of these today :)

Terrific potential, but be careful as the CEO is not happy with the amount of institutional investment and is threatening to de-list from AIM and go elsewhere. Am out at the moment, mainly because I think this summer could be a bit grim on the investment front, so am targeting divi payers and will have another review of my options in august.

Hi HARRY ,they may list on Nasdaq ,my broker said there wont be a problem selling them if they do ,i only bought a few to tuck away for the year.. I think you may be right about the summer ,i'll be looking for bargains if we have a pullback.

Harry this one reminds us of BLNX lots of deals but little positive impact on the bottom line.