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?

Mobile payment may be the way forward, but the Q is will MONI have the ability to keep what they think is "theirs" - for there are far bigger fish about and while a TO might be good for prudent shareholders, there is still the risk MONI is ignored, because a competing Bigger Co already has most of the Market - and importantly, the muscle to keep pushing.
I'm surprised that a small UK co can compete/operate over the World without finding some nasties. Time will tell.

Goldman Sachs Buy 45.00 45.00 105.00 65.00 Downgrades

IBM and Monitise help financial institutions capitalise on commerce

Summary of RNS:
StockMarketWire.com

IBM and Monitise have confirmed an expanded, multi-year global alliance to deliver cloud-based mobile commerce solutions to help financial services institutions embrace the mobile channel and better engage with customers.

As part of today's news, the expansion of the alliance will bring together the IBM MobileFirst portfolio of offerings as well as IBM's financial services and retail industry expertise with Monitise's mobile banking and payments capabilities, spearheaded globally as an IBM Global Business Services' initiative.

Declared short interest now 8.6%

Ouch!

Berenberg Hold 41.50 41.50 74.00 42.00 Reiterates

IBM and Monitise Form Resourcing Alliance

Canaccord Genuity Buy 46.50 42.25 85.00 85.00 Reiterates

Monitise announces Board and leadership changes

Preliminary results for the year ended 30 June 2014

Financial Summary

· Revenue grew 31%, rising to £95.1m from £72.8m.

· Group EBITDA* loss was £31.4m for the year (FY 2013: £19.3m). The increase in loss, in line with management expectations, was driven by investment in product and sales in particular in the second half of the year as the strategy to accelerate user growth was put in place.

· Adjusted** loss for the year was £43.7m (FY 2013: £32.8m) and adjusted loss per share was 2.6p (FY 2013: 2.4p). Statutory loss after tax in the year was £60.1m (FY 2013: £51.3m), with loss per share at 3.6p (FY 2013: 3.8p).

· Group net cash of £146m as at 30 June 2014 (FY 2013: £86m), provides balance sheet strength to execute against our strategy.

* EBITDA is defined as operating profit/loss before exceptional items, depreciation, amortisation, impairments and share-based payment charges.
** Adjustments comprise share-based payments, exceptional items, impairments and acquisition- related amortisation. A reconciliation is provided in note 6.

Operational Highlights

· Continued growth in business amid transformational year

o Transition announced toward product-led, subscription-based business.

o Strengthened partnerships, new business wins and launches.

§ A new milestone in the Group's Telefónica partnership with the launch of Yaap Shopping, a European mobile commerce collaboration deployed commercially between financial institutions and telecom operators. Monitise is the technology partner working behind the service. More than 200 businesses are already participating in the scheme. Yaap is a joint venture in Spain involving Telefónica, Santander and CaixaBank.

§ Partnership with IBM expanded into a multi-year global alliance to deliver cloud-based Mobile Money Solutions, building on a joint go-to-market pipeline, and a resourcing agreement that forms part of Monitise's path to profitability in FY 2016.

§ First Chinese-language cloud-based Mobile Money platform was rolled out to PCCW customers in Hong Kong, with Bank of China (Hong Kong) as its launch bank.

§ BlackBerry Messenger Money services enhanced in Indonesia with bill payments functionality developed by Monitise.


more..

BBM Money Launches On Android and iOS

Visa to Undertake Assessment of Stake in Monitise

market clearly didn't like something this company did, or didn't as the cse may be

Visa Inc. to assess investment stake in Monitise

Visa only has a 5.5% stake anyway. They have been reducing for quite a while.

Yes it does seem extreme - still made a bit of a mess in one of my accounts though!

I don't think it is the % visa reduction in moni that is the worry - it is the fact visa and likely others are developing their own in house capability which means moni will lose business probably across the board - would expect more red

coming back maybe this is why?

Operational Highlights

· Continued growth in business amid transformational year

o Transition announced toward product-led, subscription-based business.

o Strengthened partnerships, new business wins and launches.

§ A new milestone in the Group's Telefónica partnership with the launch of Yaap Shopping, a European mobile commerce collaboration deployed commercially between financial institutions and telecom operators. Monitise is the technology partner working behind the service. More than 200 businesses are already participating in the scheme. Yaap is a joint venture in Spain involving Telefónica, Santander and CaixaBank.

§ Partnership with IBM expanded into a multi-year global alliance to deliver cloud-based Mobile Money Solutions, building on a joint go-to-market pipeline, and a resourcing agreement that forms part of Monitise's path to profitability in FY 2016.

§ First Chinese-language cloud-based Mobile Money platform was rolled out to PCCW customers in Hong Kong, with Bank of China (Hong Kong) as its launch bank.

§ BlackBerry Messenger Money services enhanced in Indonesia with bill payments functionality developed by Monitise.

glad i didn't allow myself to get suckered into this one :-)

good stuff - it was ok for a trade if out early enough around 34p

south again right now - there must have been a queue for the exit