I actually think the value is much higher but we will need a PE to prove it. Those that think this stock can be bought out cheap are dreaming. It is cheap due to short sellers and billions of shares float. If someone took a large position and looked like an activist investor the price would fly once they climb over 3 percent. We are were we are because the company has not proven it can live within its means. We are starting to see signs that they may be learning to cut costs. Once the cash bleed stops and profits come this stock will trade .40 to .60 cents sitting as is. When growth in sales comes from landing new clients that bring strong profits this stock flys. They key is living within onces means this quarter and following and everything else falls in place
Partnership with IBM seemed in full bloom and the product finally read to launch. My hunch is they did not realize the You Tube was set to be public as it can often be used to send presentation to a targeted audience. They clearly stated IBM and Monitise sales people were fanning out to sell the product. They also stated they were pay ahead of their competition in this area. These also had a solution so that the product could be kept inhouse if the client wanted. I am not a programmer but I get the impression this partnership will be much more profitable when we land large clients than we had thought. This is why this area is the major focus of Oracle CEO Ellis.
I would also streamline London Monitise till it showed a profit. I would get everything to the point of making money and I would do it now. If I had IT people working on a project that lost money I would charge more. Hello. Could you imagine IBM taking billions of dollars of work to lose money. I don't think so.
Also in your comment you never mentioned the most important division. The Monitise employees Tept to IBM., Most are still there working for IBM on key project "doing who knows what for who know who." Your comments. Yet Monitise is a partner and will benefit. Your point goes back to the cost cutting. It seems from your comments that they are doing just that. So they may finally get it. They are not a venture start up and must make money. I do appreciate your punt thoughts. However the massive cutting of cost is their only hope. They used to think they could grow out of it by having crazy growth. This is flawed logic and they finally get it. It does seem that Clairmail and Grapple and the US based firms dont feel like a fit from what I read on board and it is what you imply. Hard to know what is true. For those that don't want to fit in I would let them go. Simple for me I would say Fish or cut bait! I have no tolerance for people that want to cause division. I look for those that want to fall in line with the leadership. If not find a place that welcomes your rebellion!!!!!!
Monitise Create is an Ad agency. They are located in SF. They should have no problem landing clients making a ton of money in this space while they are waiting for Monitise to fit them in and make the ad portion take off. Be an ad agency and make money the old and new way. At the core of what you say it sounds like the Leadership of the old Clairmail and Grapple are sitting waiting for Monitse to tie them in. If thats the case they should put on their big boy pants and go land deals and make money. IT is a hot space making money should not be difficult in this space.
I am guessing you are one of the top sales people or executives for one of the companies and let go due to job cuts? If so i truly feel the pain of building something that was so close and then things fell apart. Just a guess. I am assuming you are being honest here.
It sounds like to me you were one of the bought companies and felt like you were on the outside looking in.
I say this based on your comments.
You also seem to have no knowledge of the core and that core is Monitise London. I base this on your comment, "It will probably sell off those parts and keep the 'core' which is doing god knows what for gods knows who.It does have a few things up its sleeve which might save it" This comment says to me you have no Idea what the mother ship is doing but you suspect based on rumors that they have a few key things that could change things?
The crazy aquisitions at current prices only cost them share dilusion as everything was paid in shares and no debt. So if you save the clients and the clients were almost all good bank clients and keep the key people that had the relationships and tie them to the new platform, cut cost massively these aquisitions could make sense. The Grapple and Clairmail had great talent and hopefully that can be integrated into the new model with clients. Pozitron was debt free and had millions in the bank when bought for all share price. They are the shining star in the Middle East. They have been adding so many banks and millions of customers to the mobile platform.
Monitise also has a business model that has yearly residual sales from its business model. This past year about $66 million it did from this with a 6 percent growth year over year. While this may not seem like a huge amount. If growth continues and costs are cut this model This portion of the business sales is almost pure profit. Cutting cost until each of the former companies makes money is how business works. I would force Grapple and Clairmail to make money
this company provides very little visability. The main people out there selling us on it were big money investors. The company growth is based on market adaption so forcasting is difficult at best. Truth us Visa and large investors dumping a penny stock have done the damage. Live and learn. I started buying much higher but continue to buy down and have taken my cost to about .085 cents. The story hasnt changed and if God chooses to Bless it great if not i feel I gave it my best in studying the market potential. There is huge reward but risk as well. In the end this could be a $10 or more stock in a few years. It also could go under so you have to weigh those things when owning it. The risk is that they dont cut ocst until they are profitable. Hopefully they are making these ajustments.I am excited to add every week if that tells you were I am at. I started buying at much higher prices.
mobilemoneystar I agree with you. In fact IBM several years ago IBM goal was a platform like this. It was discussed in their white papers. My guess is they liked what they saw and felt it made more sense to partner. I have worked with many banks on marketing campaigns. I headed a program as a contractor for Pay By Touch. The pay with your finger program. What killed them is massive debt and they kept spending when they had no money. If they had controlled cost they would be around today as a major player. They owned almost all patents on biometric banking. I learned Beta testing and trial launches take time to work out the bugs. Clients/ banks don't want to expose themselves to looking looking bad until the bugs are worked out and the product is ready. Bank move much slower that Wall Street and investors would like. My hunch also is many banks don't go public with news until they have it ready to launch. My guess is second half of the year is the company break even for that reason. They know many clients will be on the platform by then or transitioning. Oracle is now making this a major focus. The market is big enough for many players.
Seeon123 I am guessing you are short thinking MONITISE goes under or you wouldn't waiste your time on a stock trading below book value. Before you go broken shorting ask yourself this. You are shorting a company with built in residual sales and no debt. What you are betting against with a short is that the CEO is such an #$%$ that he cant lay people off to the point of break even. He has his platform built so the cost structure drops m#$%$ively. His staff are all high paid and laying of 15 percent of his work force would probably take him almost instantly to break even. He could lay off most of his sales force and have his IT people be the sellers of software to IT while they work. Cutting cost is simple if you know what you can survive on without hurting yourself. This company has so much extra pork it could cut if sales dont come in. So if you think the CEO is such a dunce that he cant cut cost in a meaningful way then short away. Just remember if it does run your losses could be off the charts
investorforlong777 I wish i could have listened to the thoughts and been there. When you look at Linkedin you see a lot of employees that were TEPT transferred to IBM still working on projects in Mobile Banking. Companies like IBM don't rush things to market. They perfect them first. When all is said and done we will probably see Omego took a major tax loss to offset major gains in their Apple trade.
That said we may be at the point of seeing the tide turn in our favor. I am adding at these levels as I think it is much harder to get sales for a company than to cut costs. Having built in sales yearly makes the job of cutting cost much easier. If a person can balance a household check book they can turn a profit. They need to learn to make money like IBM does for the add ons.
Focusing on what they do best and cutting cost in future areas with only their best futureologist focusing hopes and dreams will bring them to profitability. It seems logical that if they can be making a profit going forward by cutting staff costs or sales people not producing they can also focus on a once in a lifetime opportunity to buy large amounts of shares off the market for nothing.
Good thing I am a great swimmer. lol
You rely on your own wisdom, I will trust God and pray for Monitise.
Every good and perfect gift comes from God the Father. So this is my hope as I continue to pray for this company and invest at these low prices. Telefonica is serious about being the global player in the telecom field. If I were Monitise I would bring IBM to the table of all my clients such as RBS, Santander, Telefonica and M/C. I would use the success of these key players to expand. Truth is we should have a strong year and if they cut cost of R&D in areas that are down the road they would easily be at cash flow break even. My prayer is that they are wise in this areas showing the markets they can turn a profit as they grow.
Larry Kudlow said it best, Profits are the mothers milk to stocks. Also I would shock the markets with daily stock buys as we enter tax loss selling. If they can turn a profit the cash in the banks can be used to greatly reduce the float of shares before anyone realizes it. My belief is that this will be a once in a lifetime chance for this company to buy back their shares for nothing. As soon as they show markets they can turn a profit for a few quarters the market will reprice this stock much higher. Markets will realize that they are ready when the banks change and invest and over time their business should explode. Monitise CEO will be forever remembered one of 2 ways. He will either be the man that knew how to cut cost and turn a profit or be the man that drove the business off the cliff. I believe turn a profit this year and surprise the market with growth.
glad you have it all figured out. So why invest or read about this stock. its too low to short.
Telefónica is what i meant and IBM is clearly working on this project with Monitise
So much promise and the stock flew into the 100s a share on hopes and dreams. The negatives started to hit as the build out and cost were sky high. Company then went into a free fall. Percentage wise it lost almost 99% of its vale from its highs. Were investors wrong? At the bottom no one wanted to own Priceline. it now trades at $1,425. per share.
I was pleased to see one smart investor found my comment interesting enough to see if anyone had news on this. Monitise and IBM provide little if any info so it is no wonder people think the deal with IBM is a flop.
IBM Executives only comment about Monitise specifically implied they knew Monitise was loyal to them. In business loyalty is the key to all deal. For those searching to see if my facts are correct all i will say is you can find the info on the web. To find it you have to think way outside the box
My hunch is 2016 first half is the move by many of monitise-ibm clients to our cloud. By 2017 it will become clear the IBM-MONITISE Partnership is something special for both companies. 2018 i think our stock hits $10 US. Yes 200 x return maybe higher if Monitise gets serious about share buy backs and cutting costs. They have alof of fat they can cut from R&D areas thar they dont have a market for. These things need to be moth balled for now and buy back shares.
they have been beta testing for a while more than likely and are near launch with the announcement. The one thing we dont hear about but it taking place is they are working with IBM on all of their project. This would include M/C Royal Bank of Scotland etc. They are married at the hip to IBM and at some point this will become clear.
IBM could not have made it any more clear in public statements in late 2014. Once the Clouds are launched for the banks there will be no more need for secrecy and my comments will prove to be very true.
In time you will see this is being done with Telefonia Brazil and many other of their markets. it is almost to roll out. Thus the announcement.
They are about to launch this in many markets and are beta testing now. This is being done with IBM as a partner