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?

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

.

Canaccord Genuity Buy 71.63 80.00 85.00 Reiterates

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

.

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.

StockMarketWire.com
Berenberg Bank has downgraded its recommendation on mobile technology business Monitise (LON:MONI) to "hold" from "buy" believing the company's mobile banking opportunity has now been fully captured in the share price. In terms of future catalysts, the broker went on to say: "Although the recent capital increase and partnership with Mastercard should increase the likelihood of a successful ramp-up of mobile commerce and mobile payment services, we think these are still at the concept stage." Nevertheless, analysts have increased their price target to 74 pence per share (previously 70 pence).

Double top in play here.

Getting trounced at the moment.

Soon will be ripe for a buy again, a good volatile stock to make money from time to time