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?

last IMS suggests turnover will be up 50%, Visa is a major shareholder and their recent results were pretty good.

LONDON - Monitise (LSE: MONI) today announced it was named winner of an IBM Choice Award for High-Performing New Business Partner.
Announced at the IBM PartnerWorld Leadership Conference in Las Vegas, Nevada, United States, IBM's Choice Awards recognise a select number of IBM Business Partners who exhibit IBM values in all client interactions and achieve common business goals and mutually significant business impact. The Choice Awards, selected by IBM leadership in each geography, are given to Business Partners across a range of categories, recognising their working relationships with clients and demonstrated skills in selling IBM solutions.

"The IBM Choice Awards recognise Business Partners in each geographic region for their outstanding performance and commitment to upholding IBM values in all client interactions," said Dave Kay, VP Global Business Partners,IBM Europe. "Each year, we look forward to distinguishing these IBM Business Partners for delivering client value across our business and around the world."

Commenting on the accolade, Monitise's Chief Information Officer Mike Keyworth said: "Our partnership with IBM plays a key role in the extension of our cloud-based mobile banking, payments and commerce services as we scale to meet increasing demand from financial institutions. Together with IBM we are working to connect our customers with other relevant ecosystem members and deliver innovations which help businesses unlock the full potential of mobile by driving deeper levels of engagement."

Keyworth added: "As a global leader in its field and a company which epitomises what the connected world is all about, IBM is a natural ally for our business as we grow our international footprint. We're therefore extremely honoured to be recognised with this award as part of our journey at the centre of the Mobile Money ecosystem."

Easy down in the morning
Easy up on the afternoon

Very helpful widow twanky.

Interim Results

Financial Highlights

· H1 FY 2014 revenue £46.5m, up 67% on H1 FY 2013.

· Gross margin increased to 73% from 72% in H1 FY 2013, with user generated margin particularly strong, owing to a number of product licence deals following recent customer wins and renewals.

· EBITDA (1) loss of £10.2m (H1 FY 2013 loss: £14.7m).

· Adjusted loss after tax (2) of £16.4m (H1 FY 2013 loss: £21.0m) and adjusted loss per share of 1.0p (H1 FY 2013 loss: 1.8p). Statutory loss after tax of £22.0m (H1 FY 2013 loss: £30.3m) with loss per share of 1.4p (H1 FY 2013 loss: 2.6p).

· Group net cash of £66.2m as at 31 December 2013. Free cash outflow (3)of £20.3m compared to £21.6m in H1 FY 2013.


more..

Seems the market wasn't overly impressed with the figures. I wonder if they were expecting a greater narrowing of the loss towards profitability? Down c7% so far.

Canaccord Genuity Buy 67.88 80.00 80.00 Reiterates

Barclays Capital Overweight 66.75 68.00 75.00 75.00 Reiterates

spiked on the afternoon with volume moving to over 40M and close at $1.22 at the OTC about 73.5p

A very good close on the US last Friday
and today is going places over here 79p, at this rate is going for a BREAK OUT

DOW and NASDAQ opening well up

Nasdaq going ballistic! Tech stocks on a roll!

Back on track.

Been watching here for a while but not holding yet. Hold Optimal Payments and may switch some of that profit.

The double TOP on the chart is saying the movement down for the moment being is on the cards
There is not enough volume to keep it at this level

From late yesterday :- Monitise Strategy Update and Placing

From this morning :- Completion of Placing

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Canaccord Genuity Buy 71.63 80.00 85.00 Reiterates

Link copied :- D-day for Monitise: seeks £100m to switch to subs-based model

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StockMarketWire.com
Monitise said, following his resignation from Visa Europe, Steve Chambers has stepped down from the board of Monitise as a non-executive director with effect from 31 March, 2014.

Visa Europe intended to appoint a new nominated director to the Monitise board.