Monitise plc (LSE: MONI.L) ("Monitise", the "Company" or "Group") notes the media speculation in connection with the initiation of its
Strategic Review on 22 January 2015 and confirms that it has received a number of expressions of interest in a range of potential
corporate transactions including a merger with a third party or a sale of the Company.
Discussions are at a highly preliminary stage and there can be no certainty that any transaction will result.
As stated on 22 January 2015, the Strategic Review will be all encompassing and include consideration of a range of corporate
transactions and stock market listing options.
Monitise remains well funded and debt free with £129 million of gross cash, as at 31 December 2014. The Board believes that the
Company has a unique set of global partners and customers, and reiterates its expectation to be EBITDA profitable in FY 2016 (the "FY
2016 Profit Forecast"). The Board also reiterates guidance of 200 million users and £2.50 ARPU by end FY 2018.
This Company is a pure gamble, just like going to the Casino! Cooperman did say on CNBC a couple of months ago that when VISA said it wanted to sell their stake, he OFFERED around $.27 the then current price to buy their stake and they said no. Would he buy more now that the stock tanked below that? I don't know, but this type of stock is NOT Cooperman's investment style. He could just as well write it off to playing in an area he should have avoided.
Judge the technology first. They are ahead of the field in a potentially big market, fast growing, and with a modest market cap. Old saying, "DON'T lose your position in a bull market" you have a company that has done nothing but outperform and you are totally out playing some perceived valuation game?? IF it gets to the 40's without a huge market sell off it is probably a SELL, as that would mean the story has changed. In the mid 50's it's BUY BUY BUY!
WTI has as much chance of AVERAGING $75 this year as Al Sharpton has to become head of the Republican Party!!! You are kidding yourself, unless a nuclear war destroys the middle east, you'll be very lucky to average $55.
Tech. isn't his thing. Valuation is. The company will make it big or fail completely based on ONE THING, their technology! The price action suggests they are not winners in this space, and long and steady decline means those who know the technology think Monif is not a winner. I hope they are wrong, but I know all $.35 stocks are just #$%$ shoots!
DOW down 230, AMBA up $.64, consolidating off 10% from it's high after huge move this year. Sell offs just another buying opportunity! Small cap with huge growth and modest pe for that growth. After next earnings report numbers will go up above $2.15 and they will talk about other markets like police security, etc. Stock hits $65 before we put out our flag for the fourth of July!
Are you really going to listen to a guy who downgraded AMBA from buy to hold at $36 less than a year ago !!!! Obviously the guy knows nothing about the stock or the industry. Just another buying opportunity. By the way he downgraded several names, so it sounds like he not only doesn't know AMBA, but is making a market/industry call as well. Beware of Analysts who change rating based on market calls, they really don't understand their job or the market.
He went to hold last January and the stock is up over 67% since his last downgrade. He also downgraded other stocks today. Just a bad Analyst afraid of the market. NO VALUE ADDED!
AMBA is a small cap. less than 2 billion, with dramatic earnings growth, in a hot segment and has handily beat earnings estimates every Q. You don't down grade to sell when a company has that type of business momentum. You might go to a hold if it was way out of line on a valuation basis, but in this case it's not. They likely will earn Well OVER $2 this year. 90 days ago the consensus best was $1.70 for jan. 2016, now it's $1.97, and I'll bet they do about $2.25 for calendar 2015. You don't sell stocks with that eps mo. in segments investors want exposure. Rookie Mistake! Just another buying opportunity.
The only way they can pay the dividend with oil here is to borrow, which puts the company at risk of bankruptcy if oil goes down any more and doesn't recover for a couple of years. Do you think that's that way to go?? Their assumptions and strategy is already as you say, "WONKY"
I like Leon. Met him several times when he was with GS, smart guy, good investor. However, are all the other PM's so dumb they didn't see the turn around coming at GRPN, that they had to hear it from Cooperman to move?? Really is the market that inefficient .
On Dec. 5th I wrote AMBA will be $60 before Santa comes down your chimney. I have to be honest, Santa may give way to the Easter Bunny, but AMBA will get there well before you start coloring your eggs!
How do you increase debt and invest in large capital projects without at least hedging some of your output to protect investors from the leverage and dividend risk???? Just Plain incompetent! These aren't smart people, they run nothing, just oversee an asset that has declined in price over 66% in 5 years. Given what stocks have done over that period, COSWF is one of the worst investments you could have made. Count me as one of the foolish who thought this management couldn't be that dumb.
Your dividend is about to be gone because these guys invested more than $1,5 billion over the last few years, without the common sense to hedge oil to protect their $1.5 Billion+ in cap ex investment, JUST plain incompetent! THE STOCK IS DOWN 66% over the last 5 years!!!! You must be nuts!
Obviously we have a fast growing company THAT SAYS THEY HAVE A THREE YEAR HEAD START ON THE COMPETITION! They are in great growth markets investors want exposure to. Market cap is perfect, not too small not too big-----JUST RIGHT !! Now the simply math. They should earn about $2.10 or so in calendar 2015. 35 PE for a company growing at least 30% is very fair. So simple math $73.50 in first half of 2015. Growth stocks on a tear have one or two day profit taking after big runs when shorts spread false rumors. THEY ARE ALL BUYING OPPORTUNITIES. AMBA will be above $60 well before Santa Clause comes down your chimney !!!
The stock has climbed 57% during the QUARTER!!! You think a few might take profits on the news??? Gopro ANNOUNCED THEIR earnings over a month ago! You think a few people put two and two together??? AMBA was $41 at the time!!! When you have a small cap. showing this type of eps growth in fast growing markets, it has much room to grow. You think if they beat by 14 cents they didn't save a little for the next Q. I see R&D rose. A little expensive on a P/B and P/S, but cheap on a pe/growth rate and a chance to keep growing a high rates for some time. EPS for the Jan 15 year will come in ahead of the Jan 16 cons. est!!!! They are earning next year's est this year! Buy Buy buy as Cramer might say!
Lets face it, nobody was expecting oil to drop 40% in a few months. However, this management has failed investors at every turn. When Sinopec bought a 9+% stake in Syncrude for the equivalent of $37 a Coswf share this management made no attempt to monetize our syncrude investment, instead saying they would like to buy more, while our shares languished in the low $20's !!! They have perfected the art of over promising and under delivering for years, annually missing production targets and C/F targets. Now they are projecting 2015 results based on $75 oil with oil at $66. Again with the over promise under deliver strategy! With very long life assets, it would have been a better move to eliminate the dividend and use all free C/F to buy back stock at $9 a share given the asset value. World economies are weak and nobody knows how long it will take for oil to rebound. Why not look into selling to a long term player willing to pay for the reserves and asset value and help the long suffering shareholders get closer to even on this loser. These guys don't have a clue.