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?

Interesting point by "Noise "..........

What's driving this?

It's either traders pushing it up, readying for a smashdown tree shake, or perhaps the significance of the October 1st 2015 handover to chip & pin/NFC technology, when US stores will become liable for fraud if they don't upgrade from their primitive magnetic swipe readers. Rumours are there is a backlog of about 4 months as the retailers are scrambling to upgrade... while not ensuring success for Monitise, it certainly lays the basic fundamental building blocks it needs to thrive in a huge market, at an interesting time when Moni are fast recruiting San Francisco IT staff.

I'm still not quite sure how HCE fits into the US picture, it hasn't exploded yet, I think it'll get some market share, but I'm not sure if it will dominate. IBM seem quite convinced however..

Latest Tearsheet

MONI - Latest Tearsheet from hemscott

still on track

Reason for the rise with volume

Did hold well at the end 7.34p UT as the market went further down

volume 50.4M
16:35:02
7.34p
490,277
UT

MONI on the US
MONIF - Monitise (PC)$0.119 +0.014 or 13.3%

--

Since yesterday the shares have become overbought on the Indicator Slow stochastic
Today have move out of range 7.20 to 7.40p since 10am yesterday and falling afterwards
some support now at 6.80p

ON THE US ALSO MOVING LOWER

MONIF - Monitise (PC)
$0.103 -0.0189 -15.9%

but much more than over here

MONI
6.48p -0.86 -11.7%

Monday morning and still on the way down or retracement 5.75p - 0.30p

5.46p ( 5.42 / 5.50p )

Has turn the corner on reaching Fibonacci retracement of 78.6% @ 5.13p (AT)

reaching new highs for the day 5.71p

OMEGA
has gone under 10% on the 18th

Before 224,299,125
after 219,774,125 - 9.99%

MAJOR SHAREHOLDERS

Current to 26 August 2015
Shareholdings % No. of Ordinary Shares*
Omega Advisors, Inc. 10.0 - 219,774,125
Norges Bank 7.7 - 168,500,000
Banco Santander S.A - 4.9 - 108,196,721
Legg Mason, Inc 3.5- 77,957,125
Invesco Limited 3.2 - 70,942,401

Has been moving higher for the last couple days and is doing the same again today now 5.55p +0.21p

MONI 5.70p +7%

Back on the US
MONIF
Monitise (PC) $0.088 +0.0084 +10.6%

British bulls say BUY tonight .............

MONITISE
Last Signal:BUY
Last Pattern:BULLISH ENGULFING
Last Close:5.76 Change:+0.41 Percent change+7.66%

Enhanced Market Outlook
Signal Update Our system’s recommendation today is to BUY. The BULLISH ENGULFING pattern finally received a confirmation because the prices crossed above the confirmation level which was at 5.3500, and our valid average buying price stands now at 5.3571.

MONITISE PLC (OTCMKTS:MONIF) Is Todays Stock in Focus

BY DANIEL MCCARTHY ON AUGUST 30, 2015 -- MICRO CAP INSIDER, SMALL CAPS
MONITISE PLC (OTCMKTS:MONIF) is making another nice move up since reversing off $0.07 last week with an eye on $0.12 for breakout. The stock has been trading well since $0.0524 lows. MONIF was trading well over $1 this time last year and has a massive gap to fill from current levels.

MONIF used to be the darling of small caps and looked destined for bigger things with large cap Companies such as IBM, Telefonica, MasterCard and Santander all invested significantly in the Company. MONIF exploded over $1 at the time but collapsed after the Company missed revenue projections significantly.

MONITISE PLC (OTCMKTS:MONIF) bills itself as the largest Mobile Money specialist in the world with a single-minded and realistic vision: to make money totally mobile across the globe. MONIF is working with over 300 of the world’s leading businesses and financial institutions across global territories to make the most of the opportunities this creates.

The Company offers a strong mobile banking platform through its Bank Anywhere, Pay Anyone, Buy Anything, and Engage Anytime services and has developed strong partnerships with Visa and MasterCard that connect it with millions of users around the world.

Already 28 million consumers benefit from Monitise’s patented technology to ‘bank anywhere’, ‘pay anyone’ and ‘buy anything’, accounting for $71bn of payments, purchases and transfers annually.

In early January MONIF announced it has partnered with the MoneyPass Network to offer a range of advanced Mobile Money services and card control capabilities to card issuers in the United States. The MoneyPass Network is operated by Elan Financial Services, a division of U.S. Bank.

Monitise will be delivering a range of capabilities to MoneyPass Mobile users, including core mobile banking services such as balance checks and transfers, as well as more advanced services like mobile check deposit and cardholder-managed security controls. The scalable, cloud-based platform provided by Monitise will enable MoneyPass issuers to offer mobile money services rapidly, easily and securely.

To Find out the inside Scoop on MONIF Subscribe to Microcapdaily.com Right Now by entering your Email in the box below

President of MONIF Mike Dreyer said “Thanks to mobile, the way that consumers are interacting with their financial institutions has transformed from just a few years ago. The level of engagement through mobile is staggering – users of Monitise-based mobile banking services often log in daily. Part of the reason this is so high comes down to trust, and we are looking forward to providing MoneyPass cardholders with greater access to mobile banking services on a platform they can rely on.”

According to a recent article MONIF plans to launch a new platform in April; the new approach Monitise is offering will make it easier for financial institutions, payment companies, mobile operators, retailers and network partners to connect to an increasingly mobile population. Monitise’s Central Platform provides the services and functionality required to manage and grow the new ecosystem. While system integration capabilities continue to be provided by the Monitise Enterprise and Vantage platforms, each including a standard API interface to the Monitise Central Platform, customers can opt to use their own technology to connect directly to Monitise. As part of the Group’s evolving capabilities, content and service providers, including new industry schemes, can also connect directly to the published Open APIs of the central platform.

Supporting this, Monitise is also announcing today the launch of Monitise Signature™, a PCI-compliant bank-grade data analytics engine that combines consumer-empowered profiling with transactional and behavioural intelligence. This user-defined preference engine will enable richer one-to-one targeting to deliver personalised marketing that is adaptive and intuitive.

5.90p +0.15p

a positive share where the red is everywhere. The chart looks positive for a break into the 6p try a few times last week as Level 2 is positive and buying goes on

Share price down 36% today not good.

StockMarketWire.com
Monitise has widened its FY pretax loss to £227.4m, from a loss of £63.4m. Revenue was £89.7m, from £95.1m. The result included higher share-based payments and a surge in other exceptional items to £34.2m, from £1.9m.

Looking ahead, the company noted the following points:
· Revenue growth not expected in FY 2016.

· Operating costs expected to continue declining in FY 2016 through a combination of headcount rationalisation, lower IT costs, the exit of non-core geographies and further property rationalisation.

· Expectation of EBITDA profitability in H2 FY 2016, and still targeting EBITDA profitability for full year.

· Cash position expected to be in excess of £45m throughout FY 2016.

Chairman Peter Ayliffe said: "Monitise has made substantial progress during the year in moving the business to the cloud. We are well aware that our transformation of the business, while absolutely necessary, has been slower and more challenging than expected and has significantly impacted our financial performance, which we recognise has been disappointing and led to us having to revise some of the financial targets we had set for the year.

"We have improved our cost disciplines and the fundamental drivers underlying our business remain strong. The Board and leadership team continue to take the necessary tough decisions and we are confident that Monitise is well placed to deliver value for shareholders as we serve our clients and partners.

"The Board is pleased to announce the appointment of Lee Cameron as CEO. Lee has been on the Monitise Board since 2008, held a number of senior executive roles within the Company, is well respected by clients and has led the evolution of Monitise's PaaS offering.

"I would like to thank Elizabeth Buse for capably taking on the role of sole CEO earlier this year and setting in place many important changes that have helped to reposition the business for the future."