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?

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

Getting stronger and stronger in the level 2 order book. Yes 20s are coming, 30s who knows Balerboy?

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Get thee behind me!

LOL, been out working for a change and yes cp1 nice to see rise and chart seems to have more to come but this is the where I came in with a chart like above and it dived. fingers crossed.,.

Another good move up this morning and has been moving higher every day since Tuesday.

A good rise yesterday on the Nasdaq also
Cooperman has been adding, though yesterday was a smaller % that lately and naturally at a higher price 17.50p, but has now over 14.3 %
Most likley later will be a further RNS

US - MONIF
----

Received in my in-box today:
"TAKEOVER
The Company has announced that it has commenced a Strategic Review of all options open to the Company to maximise value for Shareholders. The Strategic Review is expected to be all encompassing and will include consideration of a Merger or Sale of the Company or other form of corporate transaction as well as Stock Market listing options. There can be no certainty that a Sale of the Company will take place, nor as to the terms on which any offer may be made.
Further information may follow in due course."

That's how rumours start! :-)

23rd January was when they issued a RNS on the same topic. Strange how it has taken nearly 3 weeks to inform actual shareholders!

Arr right - my latest stab is S/B only.

Still rising ahead of next Tuesday Results and Capital Market Day

American article on Mobile security

In September of 2014, Apple CEO Tim Cook promised that his company’s upcoming mobile payment offering would forever change the way we buy. The announcement of Apple Pay undeniably accelerated our collective migration towards mobile payments. Even though Apple has received most of the media attention, I believe it will be banks that will emerge as the winners after the dust has settled. This is because they are the undisputed masters of the two most influential factors for consumers, loyalty programs and security.

Early mobile wallet introductions from Google, Softcard (at the time ISIS), and others garnered significant industry media attention at the time of their announcements but never converted into more than a trickle of commerce when pushed out to Main Street.

There isn’t going to be much traffic on Main Street anytime soon anyway. Analyst estimates of the mobile payments business are conservative at best. The consensus for two years out from now is still around $100 billion, which is about 2% of the approximately $5 trillion of total retail transactions.

Don’t overlook the fact that through the last five years of mobile payments evolution, one winner has already been clearly established and that is Starbucks. While Apple boasted of 1 million credit cards collected so far. That number is dwarfed by Starbuck’s 7 million weekly transactions. And the number of mobile payments that they process is growing at 50% annually. Here’s what most impressive – Starbuck’s processed 90% of all mobile payments made in 2013 (latest data available from Starbuck’s). CEO Howard Schultz related that the secret to their success lies in their their loyalty program. Banks are masters of the universe when it comes to executing successful loyalty programs, so watch out Starbucks.

The other deciding factor will be security and no one comes close to approaching the success of banks at securing consumers. Consumers want to know that their money and their privacy are safe. In the end, reputation will trump all of the techno-babble about Secure Card and Host Card Emulation. Consumers still trust their banks with their money more than they trust any other institution.

Apple also loses out in platform support as well. Banks and retailers mobile apps work with both Apple and Android. Apple is locked out of more than half of the market simply by their platform limitation.

Starbucks’ gained a true advantage by being first with a great app that consumers are using, but banks are just a step away with their mobile banking applications. According to a March 2014 report from the Board of Governors of the Federal Reserve, 51 percent of smartphone owners have used mobile banking in the past 12 months, that’s up from 48 percent a year earlier. And 12 percent of mobile phone users who are not currently using mobile banking think that they will probably use it within the next 12 months.

yesteday rose to 21.625p and then lost the lot

Interim Results

Business transformation and Strategy Review update, H1 FY 2015 results, Capital Markets Day

Monitise plc (LSE: MONI.L) ("Monitise", the "Company" or "Group") announces its unaudited interim results for the six months ended 31 December 2014.

· Monitise Central Platform will launch in April 2015 enabling cloud-based Mobile Money services
· With a global partner, Monitise has signed a Letter of Intent with a major European financial institution to deploy Monitise digital banking capabilities in multiple countries
· Re-iteration of EBITDA profitability in FY 2016, driven by cost initiatives and benefits of shifting to a product-centric model
· Positive discussions with market-leading players under Strategic Review underpins Board's confidence in the Company's strategy, unique positioning, future prospects and value
· Capital Markets Day begins 9:00am GMT today, 17 February 2015 and will be live webcast via www.monitise.com/investor_relations

Jefferies note:
"Our view remains that there is substantial strategic value in the Monitise core technology platforms, its relationships with banking networks (Vocalink in particular) and the extensive, in many cases tier 1, customer relationships. Greater management depth & focus are evident. The ongoing strategic review could throw up favourable outcomes. Despite the recent upheaval, the profile of returns is likely skewed to the upside. We remain at Buy.

Monitise's 1H15 results and our significant estimate downgrades confirm the disappointments of the profit warning announced on 22 January. Development & Integration (D&I) revenue and margin shortfalls are partly due to difficulties with large and complex "industrial scale" contracts, e.g. for the Yaap JV between CaixaBank, Santander and Telefonica. Reduced work for Visa Inc. is another factor. Despite estimate reductions, Subscription revenue will be the key growth driver going forward.

Following discussions with Monitise mgmt, our sense is that much of the pain of transitioning from upfront licences & associated integration projects to a user-based, recurring model may have already been inflicted. Monitise no longer intends to take on substantial D&I contracts.

The first phase of the next-generation MCP platform, built by IBM, is due to be launched in April, earlier than expected. The initial release will centre on mobile banking & payments ("Bank & Pay") functionality. The eCommerce ("Buy") piece will follow in a few months. The emphasis is firmly on acceleration of end-user on-boarding. Today, a large multi-region banking deployment has been announced, signed we believe via IBM. Although modular, integrated architecture will be helpful, we are nonetheless adopting a more conservative stance on additions, expecting 150m end-users by end-FY18 compared with Monitise's unchanged 200m target.

The cost base has been reconfigured, partly as a function of the outsourcing arrangement with IBM. Based on FY15E revenue guidance of £90-100m (JEFe: £91m) and an EBITDA loss of £40-50m (JEFe: £49m), the implied total cost base will be £140m (vs. £127m in FY14A). Expansion plans have been curtailed with further efficiency initiatives planned. The fully-funded objective of EBITDA breakeven in FY16E is, in our view, entirely feasible.

Valuation/Risks
Monitise trades on a cal. 15E EV/Sales of 2.8x. With £128m in cash & positive structural drivers intact, we retain our Buy rating with an updated 36p DCF-based PT (was 45p). Key risk: market volatility."

Monitise moving in right direction

You could buy these not 2 weeks back around 13.5p !

There was a big dumper around that price as well.

mentor - I'm not assured that Banks really know how to protect customers interests . . . witness the recent Crisis where they were found out. Just what was Northern Rock thinking about offering Mortgages at such stupid rates? The result of this Bank-Activity worldwide has been to Shred the interest-rates for the long-term saver.

MONI - I get the same self-serving weasel-words that they know all about encryption - yet the leaders in the World ( in USA ) have been hacked, while having someone that "might" ( only that) help them, chained-up in Max security ( I don't know this - tis but a thought).

The fact is that any encryption is only a system - and that means someone knows a way round it . . . If it's the Company, then the Execs should be imprisoned but if it's hackers, then you and we - had better watch out.

If Banks/Companies/National Security want to improve their systems, they should put up a fat chunk of gold to be stolen ( not actual gold, it can't pass down the fibres ).... Each year the winner can be announced to encourage others . . . . along with those that were "near" etc.
Hopefully as the years go by, the winners will be missing and those "near" will be few in number . . . by which time the Security Systems should be far more robust.
But then we enjoy downloading Apps and these are a serious risk, with the possibility of malware . . . so tablets and phones should have protected areas ( = chips) to make transactions secure . . . . hardware is difficult to replicate esp if it contains some physical device that software cannot replicate . . . but we are nearing AI - so we'd better be prepared to have smaller deposits in Bank accounts, so even when emptied, you don't reach poverty.

Samsung announced today they are buying the US mobile payment company LoopPay.

I guess an offer for MONI isn't far away.