“Monitise (MONI) and Telefónica cloud platform agreement” Great news! What? The agreement supersedes an existing contract between the companies, is only “to explore” potential projects based on the Monitise cloud platform and “the company's guidance for FY 2016 remains unchanged as a result of this announcement”. And it gets worse?...
With its shares having crashed from 80p in early 2014 to 2.68p at the start of this month and having announced a self-declared “disappointing” financial performance last month, Monitise plc (MONI) has this month responded by… ‘awarding’ options “to directors and employees of the company in respect of the Monitise Performance Share Plan”!?! …
From the FCA's spreadsheet of short positions required to be disclosed to it, the following details the shorted AIM shares (by net short position %) and if this position has increased (red), reduced (green) or remained unchanged (black) since a previous analysis HERE…
From the FCA's spreadsheet of short positions required to be disclosed to it, the following details the shorted AIM shares (by net short position %) and if this position has increased (red), reduced (green) or remained unchanged (black) since a previous analysis HERE…
Monitise plc (MONI) has announced results for its year ended 30th June 2015 – with it noting a “disappointing” financial performance and announcing another change in leadership. Having long warned (see, for example, HERE), what’s the outlook now with the shares further down currently to below 4p?
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...
I note that Afren (AFR) shareholders have finally been put out of their misery today as the company is put into administration. It had been apparent for some time that the shares were worth either an absolute top of 1p, the proposed restructuring price, or zero if the deal fell through. This did not stop punters paying 2p shortly before the shares were suspended. As bears in Afren we owe these people a big and heartfelt thank you.
I have been a mega bear on Monitise (MONI) and with the shares now sub 5p feel rather vindicated. I still would not touch the shares with a baregepole.
It would appear that from a fundamental perspective at Monitise there is almost an endless analysis that one could offer as to both the positives we used to be overwhelmed by, and the way that the star of the payments company appears to have gone into decline
Having this week announced that Visa Europe Ltd has notified that it will reduce its shareholding over time while continuing to work with the company throughout the duration of their current commercial agreement, though will only “assess on an ongoing basis opportunities to work together in future” (see HERE), what is the impact on forecasts for Monitise plc (MONI)?
From the FCA's spreadsheet of short positions required to be disclosed to it, the following details the shorted AIM shares (by net short position %) and if this position has increased (red), reduced (green) or remained unchanged (black) since a previous analysis HERE…
Last September Visa Inc. announced a lessening involvement with Monitise plc (MONI) – prompting us to ask if the US-based company can go it alone who will be next? (see HERE). Today Monitise has announced that Visa Europe Ltd has now also notified it that it will reduce its shareholding over time while continuing to work with the company throughout the duration of its current commercial agreement…
If you want me to analyse a stock for you just drop me a line at sqmir@hotmail.com - Today I look at ARM Holdings, ITM Power, Monitise.
