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?

Yep. I bought a small stake at 14.3p & may add a few more when cash comes available.
Probably going to be a bumpy ride & hope they don't need more cash any time soon!

this is a 10 bagger or bust and as long as no one falls in love with it will be interesting either way

Business Financial Newswire
"Payment software specialist, Monitise says that that it has just registered its one millionth customer following a rapid uptake of its services by many of the world's largest financial institutions.

Monitise's Mobile Money Manager platform is now handling transactions at the rate of 25 million per annum.

In June this year Monitise signed a five year Global Alliance Agreement to supply its Mobile Money Manager platform to Visa Inc. which has 1.7 billion card-holders across the world.

Current key partners include VocaLink, FIS, HSBC, Lloyds TSB, first direct, Alliance & Leicester, Royal Bank of Scotland, NatWest, Ulster, Visa, Vodafone, Orange, O2, T-Mobile and 3. "

Ticking up nicely. Currently 16.5/17p.

MONI should do very well in 2010.

Fully funded with significant news expected.

This is going places!!

WOW!!!!!!!!!!!!!!!+10%

Selftrade broker target currently 26p.

Business Financial Newswire
"Mobile money specialist Monitise says shareholders today (Jan 4) approved subscriptions for new shares totalling up to 15.8m alongside new partnerships with First Eastern and Carphone Warehouse.

The subscriptions are for:
Initial immediate subscriptions at 13p each totalling 7.4m, representing an 8% premium to the December 16 closing price; conditional subscriptions at 13p totalling 2.8m; conditional subscriptions at 15p (2.8m), representing a 25% premium; and warrants at 15p (2.8m).

They were announced on 17 December alongside the signing of heads of terms for an Asia-Pacific joint venture with First Eastern and a Mobile Money Network joint venture with Carphone Warehouse.

The initial subscription total of 7.4m gross gives the company a cash position post-subscription of more than 16.5m. "

Could be the growth stock of 2010 - cash in the bank - new business - director buys - how many more signals?

mmmm bad day!!! d o w n she goes!

18.75p mid. Now looking for good consolidation of the sp at around 20p.

Business Financial Newswire
"Mobile money specialist Monitise reported a 57% growth in revenue to 1.7m from 1.1m for the six months to December 31.

Annualised run rate revenue was 5m, a 66% increase on the June figure, and the company said it expected this trend to continue in the second half.

Registered customers totalled 1.75m, more than 1m up on June and growing by 150,000 a month.

Monitise said it was seeing an improved mix of revenue, with transactional fees reflecting almost 50% of H1 turnover.

The company made an pre-exceptional operating loss of 6.9m, up from the previous 6.0m, which it said reflected increased investment following the acquisition of the remaining 50% of UK mobile banking network Monilink plus continued investment in geographical expansion and product development.

Excluding the impact of the Monilink acquisition, the operating loss remained flat at 6.0m.

Monitise ended the half with a cash balance of 9.5m. It received up to 15.8m additional funding post-period in subscriptions from new and existing investors "

Business Financial Newswire
"Monitise started at Evolution with buy rating, 22p price target."

HC
whats their "what if i am wrong" target? do they have one?
just wondering.
regards
jkd

16p, then 14, then 12p, I'm guessing. 14p looks to have good support though.
Broker get it wrong!!!!! Shame on you! ;o)

HC
looks good,( not really) but only if you bought below say12? may or may not be a hold at this current level although price does look vulnerable to pull back. those thinking of buying or adding might find better value is still to come.those thinking of selling all or part at profit might find same, just my opinion. as always please dyor.
regards
jkd

sudden upward surge this afternoon, news coming?

significant buying activity towards the close.

good volume again today sp moving up steadily.