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?

A change of fortunes today, with large volume,
NASDAQ YESTERDAY FINISHED AT RECORD LEVELS

Has been a good day for MONI (up c25%), but not sure why as no fresh news that I can see.

back on the US stronger

StockMarketWire.com
Banco Santander and Monitise have announced a joint venture agreement to launch a fintech venture builder later this year.

The 50:50 joint venture will be aimed at investing in, building and scaling fintech businesses with the potential to redefine and support financial services globally. The joint venture will invest in fintech businesses which will benefit from the opportunity to become partners with the largest bank in the euro zone by market capitalisation with a meaningful presence across Europe and Latin America, and with a world leader in mobile money (banking, paying and buying) with proven, scalable technology.

This includes access to Monitise's new cloud-based platform which is designed to connect banks to digital innovation for their customers. Investee ventures will benefit from Santander's and Monitise's business know-how as well as access to Monitise's design and delivery expertise.

StockMarketWire.com
Monitise said FY revenue is expected to be between £88m and £90m. As guided in March, Monitise expects H2 operating and capital expenses to be materially lower than H1, with a further improvement in FY 2016.

"Accordingly, we expect an improved position in H2 EBITDA loss compared to H1," the company said in a statement. It reiterated its FY 2016 EBITDA profitability target.

Gross cash at 30 June 2015 of £88.6m shows a material reduction in H2 cash outflows over H1 and provides balance sheet strength to see Monitise through to break-even and beyond.

YUM:
Monitise PLC
Update: Visa Europe relationship and shareholding
RNS Number : 4699S
Monitise PLC
08 July 2015




Monitise plc

Update on Visa Europe relationship and shareholding

LONDON - 8 July 2015 - Monitise plc (LSE: MONI, "Monitise" or the "Company") has been notified by Visa Europe Limited ("Visa Europe") that it will reduce its shareholding over time while continuing to work with the Company throughout the duration of its current commercial agreement.

Visa Europe Limited has been a beneficial shareholder in Monitise since October 2011. Visa Europe currently holds 115,750,000 shares, which represents 5.3% of Monitise's issued share capital.

Monitise and Visa Europe will continue to work together on a number of projects and services under the three-year commercial agreement which runs until 31 March 2016. Both parties look forward to working together for the duration of this commercial agreement and will assess on an ongoing basis opportunities to work together in future.

@ 7.06p

share price looks ready to push higher on volume term
has on the past wanting to do the same and kept falling

I guess VISA thought that MONI was about to go-places. But as is so common with small-Caps their noise was greater than their finances and I guess MONI just can't back-up their claims to the on-line payment regime. At 7p this is a disasterous investment.

Tell me about it.........

today is the day now 7.30p to buy

the recent flat bottom at the chart has finally got the go ahead and moving forward

another early rise though the market is well down

Are shorts closing some positions?
http://www.shorttracker.co.uk/company/GB00B1YMRB82/all

Fund manager % short Change Date changed/created

Ennismore Fund Manage Ltd 0.51% ↓ -0.17% 2015-07-31
GSA Capital Partners LLP 0.75% ↓ -0.15% 2015-07-30
JPMorgan Asset Man (UK) Ltd 0.72% ↑ 0.08% 2015-07-15
------------------------------
Monitise Plc 272.5% Potential Upside Indicated by Canaccord Genuity
Posted by: Amilia Stone 15th July 2015

Monitise Plc using EPIC code LON:MONI had its stock rating noted as ‘Reiterates’ with the recommendation being set at ‘BUY’ this morning by analysts at Canaccord Genuity. Monitise Plc are listed in the Telecommunications sector within AIM. Canaccord Genuity have set a target price of 26 GBX on its stock.

This indicates the analyst believes there is a potential upside of 272.5% from today’s opening price of 6.98 GBX. Monitise Plc LON:MONI has a 50 day moving average of 12.24 GBX and a 200 Day Moving Average share price is recorded at 20.72 GBX. The 52 week high share price is 52.5 GBX while the year low share price is currently 6.58 GBX.

Monitise Plc LON:MONI is a United Kingdom-based mobile money company. The principal activity of the Company is as a technology company delivering mobile banking, payments and commerce networks worldwide.
The Company’s segments include live operations, investment in future operations and investment in technology platform. Live operations include both territory deployments and development contracts.
Investment in future operations segment represents the Company’s operations which are not live operations covering both pre-sales and start-up period. Investment in technology platform segment comprises the ongoing development, enhancement and maintenance costs of the Monitise technology platform.

In June 2014, Monitise plc acquired business and assets of Markco Media Limited. In June 2014, Monitise plc acquired full ownership of PT AGIT Monitise Indonesia, its joint venture with PT Astra Graphia Information Technology.

The bounce is on today 5p will be the turning point it seems

reached there but the profit taking retracement took place.

at that point 1/3 retracement was done, now is bouncing back

Has finally broken again 5p with a higher price this time now 5.23p

note - price not right on the chart

had a nice day as the order book was very strong at the end of the day and reaching and holding above 5.40p

just released the UT @ 5.48p above the best price paid today

early morning already @ 6p +0.54p

it follows the trend of the last couple days and the spike from yesterday

who are our strategic partners...

The commercial collaborations being discussed with the Strategic Partners include (subject to final agreement):

· Santander: An accelerated pipeline of opportunities leveraging Santander's expertise and scale together with Monitise's technology to build new Mobile Money capabilities for Santander, the largest Eurozone bank by market capitalisation.

· Telefónica: Developing new products and services, leveraging Telefónica's expertise and Monitise's capabilities. Telefónica, one of the largest mobile network operators in the world, has recently finalised an agreement to further such cooperation with two country roll-outs in Latin-America during 2015, including Brazil.

· MasterCard: Working on joint development and deployment of new digital payments services. These include cross-border mobile remittance capabilities, mobile transfer solutions and cloud-based payments services for businesses globally such as financial institutions, merchants, digital service providers and public sector organisations. These services will be available as configurable components of the Monitise platform in future.

In addition, Monitise is delighted to announce a deepening collaboration with IBM:

· IBM: the Group's alliance and resourcing partner, delivering cloud-based mobile commerce solutions to businesses globally, intends to contribute additional technology services and resources to augment the Monitise platform - this will include the deployment of Watson, IBM's cognitive computing and machine-learning technology.

The strengthening of Monitise's relationships with Santander, Telefónica, MasterCard and IBMwill serve to accelerate the take-up and roll-out of Monitise-enabled products and services. Monitise and each of Santander,Telefónica, MasterCard and IBM are looking to enter into binding agreements to reflect the expansion of these commercial relationships.

Where does that article come from?

Trading resume of the last 2 weeks

The bottom was touched last week on moving under 5p, since the the normal pattern of buyers and sells on the same amount were the flat bottom is formed.
But since yesterday the spike with volume is taking the share price back where it belongs

TA
All the indicators were at bottom ( oversold ) and now rising from there, it helps the momentum
Share price rising with volume is a buy signal

Yesterdays close on the US

MONIF
Monitise (PC) 0.0875c +0.0095 +12.2%