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?

Invesco > 1%

Get thee behind me Satan!

Lol.

I bought into this crap at 35p when i thought the chart was on the up..... is the above a short position or take over bid skinny?

Have a read from the link in my post - I think its a purchase/increase, but for that type of RNS, its particularly confusing!

Thats why i asked, was also confused and being a bit thick thought it easier to ask, cheers. ;)

Down 20% today.

We really needed to know that mitz..........

UBS note today:
"Trading update shows lower sales in FY2015 but reacting on costs.
Monitise has announced a trading update for H1 FY2015 with three key takeaways: 1) H1 sales of £42.4m is lower than UBSe of £53.5m and as a consequence, Monitise is lower its sales guidance for FY2015 from +25% to flat y-o-y at the mid-point (£90- 100m vs. UBSe £121m). Monitise is also guiding for an EBITDA loss of £40-50m in FY15, lower than consensus (£-33m) but consistent with UBSe (£-43m). 2) Monitise is announcing that it expects the cost base to be materially lower than consensus assumes in FY16 as a result of efficiencies from the business model transition and the employee transfer to IBM. Given this, despite the lower revenue trajectory, Monitise still expects to be EBITDA profitable in FY16. 3) Given the recent weakness in the shares, Monitise is announcing that it is initiating a strategic review that will include a “formal sale process” although so far no offer has been announced.
There has been some traction with customers in the period. While the lower revenue trajectory is disappointing (guide implies flat sales y-o-y in FY2015 at the mid-point), we are encouraged by the traction with customers given announcements with Santander, Telefonica, Mastercard and Virgin Money in the period. Clearly, regaining confidence with investors will prove challenging but with the focus on EBITDA profitability evident from management, changes to consensus EBITDA may be more limited beyond FY15E. Cash of £129m compares with UBSe £139m.
Formal sales process initiated – we continue to see strategic value in product. As mentioned, Monitise is announcing that it is commencing a review of its business that will incorporate a “formal sale process”. We continue to see strategic value in the assets of the business given the importance of mobile banking to banks which is a clearly growing channel of engagement for them and their customers.
Valuation: 75p price target (DCF-based, WACC 9%, g 2%) Clearly today there are a number of factors to consider and we expect the capital markets day will be key to providing better confidence in the revenue trajectory in the business. We still see strategic value with the business trading on 3x trailing EV/Sales.

Finished down 25% on the day.

tell us mitzy, how many stocks are you actually short of?
none?

Not this one cynic.

i asked if you were short of ANY stocks

Not any cynic.

easy playing the market that way .... every one a winner

crikey what an awful company - best thing they can do is return remaining cash to share holders and close down on this very dated model which is now copied or / & bettered by those doing this themselves - believe just been hammered in the US down to about 19 cents or so which is circa 12p ish - heyho

lol just realised the remaining cash divided by 2 billion or so shares aint much per share!

Yes ,constant dilution here didn't help either ..They were buying up this and that and issuing new shares every other day last year..

A number of approaches

Might get back to the twenties pronto.

30's would be nicer

Vipera PLC (VIP). Forget Monitise this little AIM stock has a more rounded offering. More at http://tinyurl.com/m82hsxd