Monitise (#MONI) – AIM cancellation as takeover by Fiserv completes
- 2017-09-03 23:47:35
UK 13:38 Wednesday, 7 October 2026
Breaking news and expert analysis on fast-moving AIM and LSE listed shares
Currently attempting to push a 2.9p per share offer from S&P 500 financial services technology company Fiserv through, Monitise (MONI) has followed the recent lead of InterQuest (ITQ) in delivering a downbeat trading update…
Having previously attracted some adverse comment for bearishness on Monitise (MONI) – including at 50p+, I note the shares currently trade approaching 22% higher today, at 2.80p, on the back of a recommended cash offer for the company…
A half-year results announcement from cash guzzler (Oops sorry, “digital technology group specialising in financial services”), Monitise (MONI) emphasises “our transformation programme is nearing completion, and continued half on half EBITDA profitability demonstrates that it is working”. Hmmm, EBITDA is though of course bullshit earnings, so what’s the real story?...
Monitise (MONI) has announced results for its year ended 30th June 2016 emphasising “substantial improvement” in second half operating figures and “FINKit®, our new business unit which enables banks and financial services organisations to transform their digital services, launched during the year generating initial revenues in the second half of FY 2016, and received a positive response from current and potential clients and partners”. Sounds good…
Long-time specialist in draining shareholder money (sorry, “specialist in financial services technology focused on accelerating the digital transformation of banks and financial institutions”), Monitise (MONI) commences the first two bullet points of a trading update with “in line with previous guidance”, though the last includes that it “expects FY 2017 revenue to be lower than FY 2016 as a result of the continuing transition for the business”. Uh oh…
With its shares rising fast from sub 2p at the start of March, Monitise (MONI), noting the movement, updated that it was “in very early stage discussions regarding a possible disposal of the Content business”. Now, these discussions have “ceased” - with the shares currently sliding back below 3p in response…
Monitise plc (MONI) has announced results for its half year ended 31st December 2015. The numbers don’t look good!…
Monitise plc (MONI) has announced a half-year trading update – the second bullet point of which is “Existing businesses generating positive EBITDA going forward”. Hmmm. As per Charlie Munger, EBITDA is ‘bullshit earnings’ but at least this now seems to be “positive” here I suppose… or is it?...
At the 18th April 2015 UK Investor Show, the top shorts of bears Evil Knievil, Lucian Miers, Matt Earl and Kevin Ashton were announced. As noted HERE, we're monitoring progress of those also having been identified as shorts by significant investment companies...
