UK 15:25 Wednesday, 7 October 2026
Breaking news and expert analysis on fast-moving AIM and LSE listed shares
From a technical and fundamental perspective it is apparent that Monitise (MONI) has gone from being hero, to something close to zero in terms of both market perception and share price. The temptation is of course to think that after such a slap there could be a rehabilitation of sorts on the horizon.
At the last minute free speech denying broker Charles Stanley, (Nomad to POS companies such as Tungsten and Coms) forced the world’s top tech analyst Kevin Ashton not to speak at UK Investor. Luckily I have his notes sent to me earlier in the week and so here is why I think Monitise (MONI) is such a stonking sell.
From the weekly table published on this website, the following updates how the shorted AIM shares have performed (green indicates the shares were not in the last weekly table of the quarter HERE, with the noted 'closing share price' then that of the publication date of the first weekly table in which the shares no longer appeared)...
I previously commented that its recently concluded strategic review suggested that Monitise plc (MONI) was not worth what the board seemed to consider it to be – see HERE. The following updates after some director share buying and the reintroduction of some forecasts…
Monitise plc (MONI) has announced that a strategic review has concluded “that the best way of maximising long-term value for all stakeholders is to continue transforming and streamlining the business as an independent company”. With the shares having reacted a current more than 16.5% lower, to 15p, the following reviews…
Interim financials last week from Monitise plc (MONI) were far from impressive – though the company emphasising that this “reflects a period of transition, with the group moving away from large upfront licence revenue or engaging in new large scale development and integration led projects, but not yet benefiting from the release of the new platform and associated subscription revenue”. The following reviews a research update post the interim results and a following ‘Capital Markets Day’…
Monitise plc (MONI) has announced results for a six months ended 31st December 2014 it describes as “a period of transition, with the group moving away from large upfront licence revenue or engaging in new large scale development and integration led projects, but not yet benefiting from the release of the new platform and associated subscription revenue”. With it also noting “the announcement of our Strategic Review has led to many constructive discussions with market-leading players interested in our business and the role we play in the industry”, the following updates…
Mr Rhys Griffiths of law firm Field Fisher would have to be a prime contender for this award. He reckons that I have invented a time machine and also made up a quote for me to support his mad thesis. Sadly he did not post his ramblings on a Bulletin Board but sent them in a joke lawyer’s letter to me on behalf of the asylum known as LSE.co.uk so he is ineligible. But in honour of the buffoons who paid him £500 an hour to produce such piffle the competition is back.
Again suggesting the potential value of short position data such as HERE, shares in Monitise plc (MONI) currently trade at 13.375p - having reached 80p less than a year ago. This is on the back of an announcement of revenue for the first half of its year to 30th June 2015 of £42.4 million (H1 2014: £46.5 million), that “FY 2015 revenue is expected to be between £90-100m (FY 2014: £95.1m) compared with previous guidance of at least 25% growth” and that the company is commencing a review of its options “in light of recent share-price weakness, shareholder feedback and industry developments”. The following reviews…
I can reveal that infamous bear raider Lucian Miers has gone short of Monitise (MONI) even though its shares are now languishing at multi year lows of 21p.
From the FCA's spreadsheet of short positions required to be disclosed to it, the following details the AIM shares shorted at the start of 2015...
From the FCA's spreadsheet of short positions required to be disclosed to it, the following details changes to net short positions in the last week (red if short increased, green if reduced)...
Having fallen from a year high of 80p to a low of 26p in October, shares in mobile money technology company Monitise plc (MONI) have only recovered to a current 30.75p despite recent announcements of discussions to expand its commercial relationships with Santander, Telefónica and MasterCard, “a deepening collaboration with IBM” and an agreement with Virgin Money “to help develop elements of the bank's future digital banking services”. The following reviews.
