con't from DK....
Over the past decade, Monitise has established itself as a leading player in a disruptive sector that serves one of the most rapidly growing and sizeable business opportunities (mobile banking and business payments). It has a lead, first-adopter advantage that has to be actualized before competitors catch up.
Looking forward, the share price will likely correlate directly with Monitise's ability to meet subscriber milestones that confirm the company's ability to reach registered-user and profit/cash-flow expectations. We won't likely find out about sub growth until the first half of 2015, so I see the stock range-bound between $0.65 (U.S.) to perhaps $0.85 over the rest of the year. (Precision implied in this specific forecast is not intended!)
At today's price, Monitise's shares are trading at only 5x EV/sales (based on my 2016 forecast).
I am, again, a buyer at current levels.
Separately, BTIG chimed in on Monitise and its possible London Stock Exchange listing this morning:
Monitise: What Would MONIF Need to Do to Move to the LSE Main Market from AIM, and What Would It Mean?
Comments from Buy-rated Monitise (AIM: MONI; OTC: MONIF) Co-CEO Alistair Lukies about
Monitise Is On Message
Sep 17, 2014 | 10:24 AM EDT
Stock quotes in this article: MONI.L MONIF
•Monday's update was solid.
Monday's Monitise (MONI.L/MONIF) update was solid, with the right messages on strategy and the timing of its implementation. Management was upbeat and, on three separate occasions, emphasized its expectation that it can achieve more than 200 million subscribers in the next few years. The company also reiterated its previous financial goals.
Among the more important data points was a statement by co-CEO Elizabeth Buse, who said that if MONIF had not switched in March from a business model based on front-end, enterprise IT spending to a subscription model based on sharing of ARPU on the back end, "I would not be here." (Let's go to the tape!)
That said, a healthy skepticism must be maintained as an outgrowth of the two operating and financial guide-downs earlier this year. Though the aforementioned forecasts were confidently re-emphasized, there was (not surprisingly) much in the way of specifics in the presentation, which indicated a re-acceleration of subscriber growth. (It's simply too early to see).
Management's credentials are superior and its body of current banking relationships and corporate alliances represent the best in the business, I (and no doubt they) recognize that heavy lifting lies ahead. It is now time to perform (and add subs) through the process of blocking and tackling.
As I have repeatedly written, Monitise's stock will be a "show me" stock until the company can demonstrate rapid and sustainable subscriber growth. I say this because the market cap (because of share raises and acquisitions for stock) is already more than $1.5 billion, so a lot is expected of the company.
Over the past decade, Monitise has established itself as a leading player in a disruptive sector that serves one of the most rapidly growing and sizeable business opportunities (mobile banking and business payments). It has a lead, first-adopter advan
something doesn't smell right with Berenberg, not that they are are totally wrong but... just seems like they might be playing both sides a little. Right now, there's too many big players and at this point i personally am unwilling to bet against them!
Kass Comments from 8/4/14.......The company could vault into a leadership position in the mobile payments and banking industries.
Over the past two weeks, I have participated in several meetings that reinforced my view that Monitise (MONI.L/MONIF) possesses architectural benefits that could vault the company into a leadership position in the mobile payments and banking industries.
Current and prospective customers give the company very high marks on all fronts.
Visa (V), Visa Europe, IBM (IBM) and MasterCard (MA) have already endorsed the company, as reflected in their joint ventures and alliances. (Note: If you subscribe to Barron's Online, there is an excellent story about the Apple (AAPL)/Visa alliance.)
Given the above competitive position, the absence of debt, the strong cash position and the now well-regarded management team, the reward vs. risk seems, on the surface, to be outstanding/compelling.
That said, as I have mentioned, the company's shares are in a show-me phase -- they must produce a better-than-expected trajectory of subscriber add-ons for the stock to rebound from the recent weakness.
I remain hopeful that the new management changes will lead to a more engaged and better executing company in the quarters ahead.
And who do you think is engine (or the picks and axes so to speak) behind this? The high hopes and smart thinking is IBM and Monitise!
One would think that makes sense! In addition, the new mobile payments center with 500 employees VISA is opening in San Francisco; that's where Buse the co-ceo is located? and she's a former Exec with VISA? any coincidence? Not sure but if you're taking liberties....
Sentiment: Strong Buy
I firmly believe Moni is involved. Any coincidence that Buse (co ceo and former VISA exec) is based in San Fran too?? Where the new center is...
Still under water but picked up another 75k shares at .70. Thought i was done but too good to pass up. BTIG just reiterated their 92pence target. Also, look up the Motley fool article today.... 'is monitise plc still a buy' ... btw, kass just doubled his position... but again....i have a long term out look.
I am all in as well. I believe earnings will be mid july, around the 14th. Shorts have had a pretty good run; and helped me load up and lower my cost basis, but they have a two week window in my opinion.
Sentiment: Strong Buy