Interesting. We did see last sept. that IBM signs a 450mil cloud development agreement with ANZ bank.
Source (Google this - : IBM signs cloud development agreement with ANZ bank
September 1, 2015 Written by Business Cloud News
NZ bank has extended its collaboration with IBM by signing a new five-year, $450 million contract with the tech giant to drive productivity and assist in the bank’s regional Asian expansion.
The new contract, which includes access to IBM’s entire software portfolio, is to help the bank in terms of capacity to deal with the rapidly growing number of customers and transactions across the bank’s multiple channels.
As part of the agreement, both ANZ and IBM are investing in a new ‘innovation lab’. The lab, powered by IBM’s Bluemix platform-as-a-service (PaaS) offering, will allow the bank’s developers to build, test and deploy new applications and services faster and cheaper.
ANZ’s strategy also includes next generation cloud development capabilities and core systems infrastructure. IBM will deploy its newest z13 mainframe and POWER8 infrastructure as part of the bank's private cloud environment.
Opportunity is 200-300% - Stocks dont normally trade under value for long. After that, your on your own. I will be out. This will be picked up by IBM quite soon.....
I have seen a number of employees (Linkedin) pages switch from Monitise to IBM since Oct. Additionally, If you compare past open positions at Monitise with ones currently open at IBM, they are the same roles / details.
oday, IBM also announced that YES BANK, India’s 5th largest private sector bank, has taken initial steps to enter the API Economy by implementing IBM API Management to provide next-generation banking to its customers. With API Management, YES BANK can now reveal its core business assets and data to an ecosystem of industry partners and end users transforming the way banking is done in India. The API Banking platform opens up multiple business channels by helping the bank build new digital partnerships with their clients and tap into the growing market of inward remittance from Indians abroad.
YES BANK has more than one million customers across an extensive branch network spanning over 700 branches across 375 cities, with more than 1,370 ATMs and two National Operating Centers in Mumbai and Gurgaon. It is moving from a traditional bank with standard online and offline banking experiences, to a next-generation, technology-driven banking institution using API, mobile and cloud implementations. This allows YES BANK to be confident about its extremely aggressive growth plan to increase its customer base to nearly five million over the next five years.
“The Indian banking industry is at an inflection point and we needed a proven partner to aid us in our digital transformation,” said Mr. Anup Purohit, Senior President and Chief Information Officer, YES BANK. “IBM API Management helps us further enhance our offerings to clients seeking seamless integration of their financial supply chain with the Bank, while enabling us to improve business performance and IT costs.”
Nope - I am not on any LSE board. Yes, the manipulation is done the way I describe. I agree that the we must see positive news consistently to drive some value.
next up in the cycle, another "positive" article from one of these d-bag Motley Fools (or others) that will bring in new buyers.
When hedge finds need a stock down- They create a level of activity beforehand that will drive the futures futures. This is the cycle Seeon mentions.
They either pump up a stock or to trash a stock. First information is widely distributed to make investors wonder about the company and to put fear into those longs that hold the stock. Next, high volume shorting takes place to drive the company's share price down.
As the short attack continues, more people parade out news to continue to put questions in the back of investors' minds. On a daily basis, shorts use computerized trading to control the direction of the share price. At opportune times, the shorts overwhelm the buyers (bid price) of the stock by selling short large number of shares to drive the share price down and to eliminate the buyers for the stock at that given time.
Now the shorts can buy back some of the shares they have shorted at lower prices including some shares where longs have put stop-loss sale orders to protect against downside losses. The shorts will only buy shares part of the way back up as the share price rises, and then wait to see if new buyers come into the market. If the share price continues to rise up to much., the shorts will repeat the same selling and buying process to control the share price.
Its a vicious cycle, but you can certainly see the pattern on a 5 day chart clearly. The interesting part is that the last block series lasted 4 days. If you trade this, I would usually get out on the third.
Go to morningstar website. Quote: Monif Ownership This is right under 3%.
Relax mypick. Look at what your typing and help us understand what you are saying.
I was not investing in this last year. I am here for the current opportunity. Lets talk in a few months ;) This is the same thing I told the ADAT board. They were at .18 in august and their at .73 today. They traded under value. There were too many institutions selling at once and it needed to re-calibrate.
What do you mean by a hard bounce (%)? I am not looking for a hard bounce. I am looking for the stock to re-calibrate. The companies value right now .14 with the float. I am attracted to that 200+%.
Google my subject line to read article:
"Currently trading at a £61.6mm market valuation MONIF carries a cash position of £88.2mm leading many to call the mobile money Company significantly undervalued at current levels. The stock also has a massive investor interest and liquidity built into it and as I said is due for a hard bounce once a real reversal has been established. "
Ahh Cooperman would have sold in either direction. He remains bullish on stocks in the short term. I am sure if he held on any longer his critics would scrutinize his position.
Go to morningstar website Add Monif into the quote Select ownership tab Major owners.