I feel the company is up in the air right now, but they do have a new Co-CEO and she is still getting her feet wet. I don't like Co-CEO model though. There should be one CEO.
1) MONIF has a viable mobile banking product. Is that correct?
2) They actually have alot of customers using there products. It looks like they do.
3) They changed recently to a subscription based system, like Adobe. Adobe has done very well with subscriptions, like so many have.
4) An experienced upper manager from VISA who was possibly in the running for a CEO position at VISA, is now Co-CEO for Monitise. She would not have taken the position if it wasn't for subscription based system.
5) Another upper manager from VISA took a job at Monitise. Have they headhunted other VISA people?
6) MONIF stocks are diluted for the most part. But rather than the other option.
7) IBM relationship
8) VISA is selling there stake in MONIF.
9) VISA wants to do there own thing in moble banking.
What am I missing or what is not factual. Thanks
Yes and to hold 9. If the market is pulling back, it may be awhile until we see 9, we may see 8 again, I hope not, unless I had more money to play with.
could make VISA a little upset. Now the co-CEO and the other upper mgmt want to hire there own people, so guess where they might want to look for these people? Now I'm not sure if this is the reason, because bottomline, it all about the money in the end. You can hate someone, but if they can make you money, you can live with the hate. Again, I'm not sure if this is the case. VISA gave "seed money" to MONIF and now VISA wants to limit there exposure to MONIF for whatever reason. I'm sure what the reasons would be again, maybe politics, MONIF being demanding thinking it has the upper hand, VISA being shortsighted, headhunting VISA mgmt/employees, VISA has other business interests more lucretive, maybe other personal reasons. Any opinions, I'm way open and most likely wrong?
But it shows VISA is desperate and playing catch up. Throwing money and people at it won't make it happen. Interesting ideas being thrown out here on the motivation of VISA and MONIF role in it. It makes you want to buy a handful of MONIF stock.
I wonder how they will hire all these people? They all will not be Techie, but also support staff. Mobile banking is new, who has the experience, no one. So you get a bunch of kids with limited or some business background who are the techies and then get business grads to work with the techies to develop a "system?" Labor intensive, expensive, can they manager it, will it work? I rather hire Monitise, but who knows the poltics and the various demands. Monitise got some upper level mgmt from VISA and is probably heat hunting more. You know, Monitise may have the upper hand if this is all true.
A demostration was done on CNBC this morning and the phone did not bend at all. The person sat on the iphone for awhile and then was able to bend it is my take or heat it up using another method.
But will they be more of an Activist? That can be good and it can be bad. It is good that these firms are investing in NOK because NOK has something to offer. NOK is something you keep for the long term, in my opinion.
LGF came back nicely today, though not 2%, but so what. Encouraging. It is not good to determine how these stocks do on a day to day bases, unless you are one of those gambler types, like on Fast Money. If you ever watch Fast Money on CNBC, they are a hoot. They seem like they know what they are talking about, but to me it is all mumbo jumbo street gambler talk - I can't believe people do what they do for a living and not feel dirty when or "if" they go home at night.
Just to be playful a bit. I say 30 by end of 2017, any ideas? They are doing alot of good things, that is cutting edge, but it hasn't hit its stride yet, but is almost there. That's my feeling.