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?

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

Thought this was an interesting little article on mobile money:

Economist - The Bank Of SMS

A big drop on the back of no news!???

Any interested party in buying stock, now should be a good opportunity 30.50p.

Buyers are returning since the earlier drop this morning

STANDARD CHARTERED BANK

HAS REDUCE their stake to 2.61%

selling 3.50M shares on the Market lately, no wonder the share price went down.

Nice bounce today up to 32.25p offer

two large trades after hours most likely the overhang being cleared as the
share price starting this morning over the closing price yesterday 30.25p

Still a big risk of this company delisting from the LSE, so not sure that it is a good investment, except for a short term trade.

TAKE NOTICE

Delisting or dual listing on the Nasdaq, would be the best thing for the company share price

I had TELEWEST ( Virgin now ) on the past, and as soon as they went to the USA listing the share shoot UP and got better

Not if it delists, because you would then hold NYSE stock in $, assuming you didn't sell before the delist date. Dual listing would be fine, but that is not what the CEO is considering atm. LSE/institutional investment is p*ssing him off big time.

Whats wrong with holding in $ HARRY ,i've done it before its no problem.

Nothing wrong with it, but makes life a little more complicated with currency conversion, charges and ease of trading. I am sure many private investors would not want stock in $, though I know MONI are much more interested in the big investors.

32.25 / 32.75P +2.25P

A few very large trades just now
Has moved the volume to 47M

one delayed trade of 3.5M at 35p

re - TELEWEST

the stock was delisted on the UK and only trading on the US
nevertheless it was not problem when selling and I made lots of money then

The Co-operative Bank selects Monitise to launch UK mobile banking services

Monitise plc (LSE: MONI.L), the global leader in Mobile Money solutions, has been selected to provide mobile banking to The Co-operative Bank's account holders as part of a three-year deal.

The service, which has just gone live spans smartphone apps and SMS alerts, is available to all customers of The Co-operative Bank who are registered for internet banking, and all Smile account holders.

The smartphone app lets customers check their balance or access mini statements for multiple accounts, find cashpoints and branches and set up high and low balance alerts and weekly SMS balance updates. Users can call support staff with questions, technical problems or lost or stolen cards. The app is initially available on iPhone, with further versions set to follow.

Additional Listing
Further to the Company's announcements on 25 June 2012 and 26 June 2012, regarding anticipated additional listings and completion of the acquisition of Clairmail Inc., the Company announces that it has made application for 205,752,440 ordinary shares of 1p each in the Company ("Ordinary Shares") to be admitted to trading on AIM ("Admission"). The new Ordinary Shares will rank pari passu with the existing Ordinary Shares in the Company and it is expected that dealings in these new Ordinary Shares will commence on 29 June 2012.

StockMarketWire.com
HSBC UK's Fast Balance app is now available for both Android and BlackBerry devices, giving HSBC Personal banking customers instant access to their current account balance, direct from their smartphones.

Fast Balance, which launched for the iPhone earlier this year, gives HSBC's UK smartphone customers the ability to view their current account balance and last six transactions.

Customers can also top up airtime for up to five mobile phones. The apps for all three mobile devices have been developed by Monitise and HSBC as part of a three-year deal announced in April.

StockMarketWire.com
Mobile banking group Monitise said full-year revenues are expected to be about $53m (£34m), nearly two and a half times the $22m (£14m) last year.

This will be the third successive year that revenue has more than doubled compared to the previous year.

Profitability in live operations continues to show very strong year-on-year growth.

Gross margins for the year are expected to be in the region of 66%, compared with 62% last year, and on track to hit more than 70% by the second half of 2012/13.

Demand for the Monitise Enterprise Platform is at an all-time high and investment in the platform and its global reach continues in line with market demand.

Total Monitise registered customers are approaching 16m, three and a half times the level seen at the time of Monitise's full-year results in September 2011. The group is attracting well over half a million new registered customers per month.

The acquisition of Clairmail at the end of June further enhances Monitise's position as the global leader in the fast expanding Mobile Money market.

The order book of the combined Group at the end of June 2012, comprised of more than $170m committed minimum orders, plus a further $250m of additional revenues expected from existing contractual arrangements, making more than $420m (£270m) in total.

Around $75m (£48m) of this order cover is expected to flow through to revenues in 2012/13.

Total Group revenues in 2012/13 are expected to be in the region of $110m (£70m).

The Group remains on track for EBITDA break-even by December 2013.

Monitise now provides Mobile Money services to over 300 financial institutions and partners, including a third of the top 50 financial institutions and of these eight of the top 13 in North America.

Combined business handles over a billion transactions per annum, as well as payments and transfers worth $15bn on a current weekly annualised basis.

For 2011/12 it is expected that a move to equity accounting (2) will result in a $3m (£2m) increase in reported full-year revenues to approximately $56m (£36m).

StockMarketWire.com
Monitise, the technology and services company delivering mobile banking, payments and commerce networks worldwide, says it has invested significantly in its Monitise Enterprise Platform and technology over the past few years and has completed four major customer launches during June and July.

The company has a strong pipeline of future deployments. At the end of the 2011/2012 financial year, Monitise had £20m gross cash and £10m of debt from the acquisition of Clairmail. Monitise has repaid approximately half of the debt post year end.

The company has brought forward EBITDA breakeven guidance by a full quarter to September 2013.

It has been approached by a number of global technology companies interested in partnering and reselling Monitise's capabilities.

Monitise has announced its intention to undertake a proposed placing of ordinary shares to raise gross proceeds of up to £24m.

Discussions will take place with major shareholders regarding the opportunity of taking part in the proposed placing on a non pre-emptive basis. Depending on demand the strategic investors may be scaled back.

Once completed, will ensure that the Group maintains a strong balance sheet, and provides headroom for other investment opportunities.

Alastair Lukies, Group CEO, Monitise plc, said: "The Mobile Money industry is gaining more attention, investment and profile than ever before. At Monitise we believe that our bank and payment industry centric approach is delivering sustainable shareholder value and creates an infrastructure that will be used for generations. We are excited by the opportunities ahead of us and focused on delivering profitability earlier than anticipated." Duncan McIntyre, Chairman, Monitise plc, commented: "In June 2012 we completed our acquisition of Clairmail and then also launched four major customer releases which help to underpin our future growth and market leading position. The integration of Clairmail is progressing well and is further accelerating our strong growth in the US market.

"We are in a unique position in this exciting industry and ensuring that we have a suitable capital base is vital if we are to deliver on the substantial potential of the business. We are delighted that our major partners are fully supportive of our strategy."

StockMarketWire.com
Monitise, the technology and services company delivering mobile banking, payments and commerce networks worldwide, is raising up to £24m through the issue of up to 81m new shares.

It has announced that it has entered into a subscription agreement with Visa Europe and separately, a subscription agreement with Visa International, a subsidiary.

Visa Europe has agreed to subscribe for 45,250,000 shares and Visa International has agreed to subscribe for 7,640,000 shares, in each case at a price of 28.25p per share.

It is now intended that up to 28,110,000 shares will be issued to certain institutional investors by way of a placing at a price of 28.25p per share.

The new shares are being admitted to trading on AIM and this is expected to occur next Wednesday.

Seymour Pierce repeats 'buy' recommendation on Monitise after Visa Europa raises stake
Seymour Pierce currently has a 60p per share target price on Monitise - nearly double today's closing price of 30.5p

http://www.proactiveinvestors.co.uk/companies/news/47315/seymour-pierce-repeats-buy-recommendation-on-monitise-after-visa-europa-raises-stake-47315.html