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Monitise--mobile banking the way ahead (MONI)     

moneyplus - 09 Oct 2007 10:51

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?

HARRYCAT - 06 May 2014 08:03 - 341 of 682


May 6, 2014: Monitise (LSE: MONI), a global leader in Mobile Money - banking, paying and buying with a mobile device - today announces a new partnership with First Gulf Bank to launch new mobile banking services to consumers in the Middle East.

Abu Dhabi-based First Gulf Bank is one of the leading banks in the United Arab Emirates. Monitise will support the bank in increasing the variety of Mobile Money services it offers and strengthening its position as a digital banking leader through the provision of new innovations for its customers.

Through the partnership with Monitise, FGB is looking to build its mobile ecosystem with cutting-edge services to make life easier for its customers.

Fatih İşbecer, CEO of Monitise MEA, said: "We are delighted to be building upon our existing, renowned service delivery and presence in the region against the backdrop of the wider Monitise Group that we are now part of. First Gulf Bank was one of the first banks in the Middle East to realise that the future lies in mobile. Through our new agreement, we are looking forward to delivering best-in-class, easy-to-use services to more consumers in the Middle East."

Peter Radcliffe, President, International at Monitise, remarked: "Monitise's Turkey, Middle East and Africa team has a strong track record in supporting leading banks, payments companies, technology businesses and brands in launching world-class mobile services. This new agreement with First Gulf Bank is testament to their expertise and success to date."

First Gulf Bank was named 'Best Bank in the United Arab Emirates' and 'Best Bancassurance' at The Banker's Middle East Industry Awards, as well as the third most powerful company in the UAE by Forbes in 2013.

panto - 07 May 2014 16:45 - 342 of 682

HARRYCAT

re - Lovely! Think I will wait for 75p and then assess.

It looks like is going to get worse before it gets better now 64.25p

US report
Nasdaq Drops Sharply / Nasdaq Composite Index slipped 36 points

HARRYCAT - 07 May 2014 17:18 - 343 of 682

Damn! Will have to wait for the next surge. MONI is quite a frustrating share for me, but hold shares rather than a S/B, so can sit and wait without any financial hit.

Balerboy - 07 May 2014 19:11 - 344 of 682

Harry why not use range trading instead of missing opportunities...... just think what you might of had..... ;)

HARRYCAT - 07 May 2014 21:12 - 345 of 682

You're right Bb. I should probably do that, but I have too many stocks at the moment and am having difficulty monitoring them all, plus potential investment opportunities, plus market sensitive news, plus ex-divi dates, plus... plus... plus. This is partly due to moving pretty much all of my cash out of savings into stocks and also having other things to do which have taken my attention. Need to focus more!

jimmy b - 08 May 2014 08:43 - 346 of 682

Been a great trading stock over the last few months .

panto - 09 May 2014 09:12 - 347 of 682

re - Been a great trading stock over the last few months .

Yes that is true, but things have change recently, you have noticed the tech bubble talk and up and down and stay down nowdays of share price

So guys be carefull now

WELL there is a new strategy across the pond, and that is ..... they are no longer chasing high-growth stocks and instead they want solid large-cap dividend-paying companies.

good luck

panto - 19 May 2014 11:27 - 348 of 682

Have taken a punt as the share price reached 60.50p 3 times for the last couple days and bouncing from there.

again today as the order book get stronger on the bid side once more.

Chart.aspx?Provider=Intra&Code=MONI&Size

cynic - 19 May 2014 11:48 - 349 of 682

at least this choice of yours has good volumes and a real price - i.e. not a fraction of 1p! :-)

that said, L2 currently shows 1.5m to 4.0m bid/offer, which i would not have thought was frightfully encouraging

panto - 19 May 2014 13:02 - 350 of 682

The share price is not going sky high by the depth of the order book at the moment

but maybe you fail to have a closer look as the large amount of the 4m at offer,
there are very large trades on the range of 72 to 79p, far away from the 61.50p now offer price.
The lowest MM is at 63.50p also

cynic - 19 May 2014 13:40 - 351 of 682

you're right that i did not scroll down, but having done so i note that there are still some fairly chunky lumps on offer much closer to home and also little buying interest

anyway, i shall observe with interest and wish you luck

panto - 19 May 2014 16:24 - 352 of 682

MONIF doing well on the OTC as there is plenty of buying for the last 30 minutes

panto - 19 May 2014 22:05 - 353 of 682

MONIF c1.07+ c3.50

Good day for tech stocks. Nasdaq up 0.86%

Index --Last -Change -% Change

Dow 16,511.86 20.55 0.12%
Nasdaq 4,125.82 35.23 0.86%
S&P 500 1,885.08 7.22 0.38%

panto - 20 May 2014 12:07 - 354 of 682

Moving forward now as offer reaches 63p

jimmy b - 20 May 2014 14:18 - 355 of 682

This just out today as well ...
.....................................................

20-May-14 Goldman Sachs Strong buy 64.00p 105.00p 105.00p Reiteration

panto - 20 May 2014 15:09 - 356 of 682

early morning rise on the OTC to $1.09 after sharp buying at the start

64.125p over here

panto - 21 May 2014 10:44 - 357 of 682

Further movement up this morning to 65.125p, and now looking much better on the charting front

Chart.aspx?Provider=EODIntra&Code=MONI&S

cynic - 21 May 2014 10:47 - 358 of 682

good heavens .... well done that man

jimmy b - 21 May 2014 11:51 - 359 of 682

Moving back up slowly , low 70's anyone ?

skinny - 21 May 2014 12:09 - 360 of 682

Mind the gap and 75p beckons?

Chart.aspx?Provider=EODIntra&Code=MONI&S
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