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UK Share Price: 13.00 Bid: 12.75 Ask: 13.00 Change: 2.75 (+26.83%)
That is .20 converted to $US
As Cash Payments Begin To Die Out, It’s Time To Buy Paypoint plc, Optimal Payments Plc And Monitise Plc
http://www.fool.co.uk/investing/2015/05/28/as-cash-payments-begin-to-die-out-its-time-to-buy-paypoint-plc-optimal-payments-plc-and-monitise-plc/
The Payments Council announced this month that for the first time, UK consumers are making more non-cash payments than cash ones.
This is a huge milestone, and, of course, it’s great news for the likes of Paypoint (LSE: PAY), Optimal Payments (LSE: OPAY) and Monitise (LSE: MONI).
Rapid growth
Paypoint is the UK’s leading payment collection network used mostly for the cash payment of bills and services. The company bridges the gap between cash and non-cash payments.
And thanks to the group’s unique position in the UK market, Paypoint’s earnings are growing rapidly.
For the year ended 31 March 2015, Paypoint’s pre-tax profit expanded by 7.7%, earnings per share rose by 9.1% and the number of transactions being carried out by the provider hit a record 813 million.
In addition, for the five years to 2015, Paypoint’s earnings per share have grown at a compound annual growth rate of 13% — that’s a rate of growth you’d be hard pressed to find elsewhere.
The company currently trades at a forward P/E of 14.5 and supports a dividend yield of 4.6%. There’s £44m of cash on the Paypoint’s balance sheet and no debt, so the group has plenty of room to increase its cash returns to shareholders.
With a gross profit margin of 48.1% and a net profit to cash conversion rate of around 110%, Paypoint is one of the best cash generators around.
Significant acquisition
After acquiring the Skrill European payment brand earlier this month, Optimal Payments has set itself up to become a leader in the cashless payments space.
City analysts expect Optimal’s pre-tax profit to jump by 14% this year. However, due to the company’s higher share count, following the rights issue used to fund the Skill deal, earnings per share are only expected to increase by 4%.
Nonetheless, earnings per share are set to jump by an impressive 19% during 2016 as synergies from the Skill deal flow through.
Based current City figures the company is trading at a 2015 P/E of 17 and 2016 P/E of 13.4.
Further, forecasts suggest that Optimal is trading at a 2016 PEG ratio of 0.7. A PEG ratio below one signifies growth at a reasonable price.
Trouble child
Monitise should be the best play on the mobile, cashless payments market.
The company’s strong relationships with a number of key banks, along with other global businesses should, in the perfect world, give it an edge over peers.
However, Monitise has failed to capitalise on this opportunity.
Still, there is value to be found in Monitise’s partnerships and agreements. This is exactly why billionaire Leon Cooperman has not lost faith in the company.
Leon Cooperman and his hedge fund, Omega Advisors, own a large percentage of Monitise. They believe that one day the company will be a takeover target, as banks look to create their own cashless mobile payment networks.
Monitise is one of the few enterprises that has the technology and connections already in place for such a network. As a result, it becomes cheaper to buy rather than build.
moving in London
Share Price: 11.25 Bid: 11.25 Ask: 11.50 Change: 1.00 (+9.76%)
News: officers incentive switched from PPS target to something they can control, financials.
http://www.lse.co.uk/share-regulatory-news.asp?shareprice=MONI&ArticleCode=2yhthoix&ArticleHeadline=Amendments_to_LTIP_awards
Also noted from the yahoo boards, Tiger Global; aka Blau is no longer short
Big news on the horizon for Monitise. Time to buy is now.
Nice - thanks for the info. bud -
Looks like we may have found a temporary bottom. There was $32,000 on bid at .161 end of day.
$MONIF Chart - BULLISH THREE GAP DOWNS reversal pattern is forming today - the last 3 candles have formed below the lower Bollinger Band @ 0.173 w/ today's candle forming deep in the abyss - combined w/ the candlestick pattern this is signaling the current move to the downside is unsustainable -
http://www.candlesticker.com/Pattern.aspx?lang=en&Pattern=4101
Definition
This is a four day bullish reversal pattern. It consists of three consecutive days each gapping lower on the open. After Three Gap Downs the market becomes extremely oversold and ready for the reversal of the current downtrend.
Recognition Criteria
1. The first day can be of any color.
2. The second day also can be of any color, so long as its body gaps down away from the first day’s body.
3. The last two days are black and their bodies must gap down from the bodies of the prior days.
Pattern Requirements and Flexibility
The first two days of the Bullish Three Gap Downs can be of any color but the last two days should be black. There must be downside body gaps between the candlesticks.
Trader’s Behavior
The market is oversold with three gaps down in a row and it is time to cover short positions.
Got some .15s for a bounce play. Let's do it
the defense of 10p taking place.
a couple of days ago a trading newsletter said to sell with a target of 5.5p so far they seem to be winning. Shorts have been covering.
competition hacked
Some Starbucks Customers Hacked: Expert
http://www.nbcconnecticut.com/news/national-international/303480571.html?_osource=SocialFlowTwt_CTBrand
Hey guys I will sell out my paltry remains today after great news in another stock I'm in and I've also deleted my Mod position. I still think this will be a winner long term but I can't pass up an opportunity that has come up today. I wish everyone here good luck in their investing going forward!
Way too early to know. Many months before Visa and Visa Europe merge.
The EU regulators themselves might get involved, and they are very protective.
Not gonna be good for MONIF then I reckon. JMO
So your thinking is that if this happens bye bye Monif for VISA Europe.
Visa Said in Talks to Buy Visa Europe for Up to $20 Billion
http://www.bloomberg.com/news/articles/2015-05-08/visa-said-in-talks-to-buy-visa-europe-for-as-much-as-20-billion
I've given up with this, I'm just hoping for a buyout, end of!! Sorry!!!!!
Man, this thing just doesn't want to move. Be nice to see this get back on track. I am thankful this didn't go much lower on the worlds coming to an end news. Seems like this is a solid bottom.
Monitise & IBM win SocGen mobile banking contract
Fri, 8th May 2015 07:00
RNS Number : 5689M
Monitise PLC
08 May 2015
IBM and Monitise deliver mobile banking solutions for Société Générale
Société Générale, one of the largest financial services groups in Europe, has announced the launch of a new mobile banking offering, developed with the support of IBM and Monitise (LSE:MONI.L) that it will gradually roll out across Africa.
The Société Générale announcement headlined "Launch of a new pan-African mobile banking offering" can be accessed here: (http://www.societegenerale.com/en/content/launch-new-panafrican-mobile-banking-offering-0?mforce=1).
The major European financial institution contract win with a global partner announced by Monitise on 26 February 2015 was in relation to this Monitise Vantage deployment.
Could be a good move, GLTU2.
on the sidelines. Waiting for a major market correction. Good luck.
SOCIETE GENERALE: 17.04.2015 Launching a new range of mobile banking Pan
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04.17.2015 | 5:18 p.m.
Societe Generale today announced the launch of a new mobile banking offering which will be gradually deployed in Africa. This solution, which will be available by the end of 2015 for the former, is the first step of a new offer multi Pan channel developed to meet the specific needs of customers in Africa: geographical distance, banking services in less populated areas, lack of digital services ...
This new offering, developed with the support of IBM and Monitise, will be hosted on a secure cloud infrastructure.
Available on the App Store and Android Market * 3 Languages smartphone, the user interface will be perfectly adapted to the specific needs of African clients and benefit from ergonomics and ease of use that meets the latest standards in the field.
In addition to the now traditional services consulting accounts, bank transfers and secure messaging that promotes proximity between counselor and client, this application will also be used to provide specific services such as paying bills or locating 'branches and ATMs.
Société Générale is known to be an actor at the forefront of digital, which already has a strong mobile banking experience in the field with for example its App in France voted best bank all in one app in the world. **
"Société Générale has a unique positioning, which offers its clients both the benefits of an international bank and the proximity of a local bank. The digital depth into the foundations of the client and we see a tremendous opportunity to grow our relationship customer satisfaction and banking services while increasing operational efficiency, "said Alexandre Maymat, Area Manager Africa / Asia / Mediterranean Overseas, International Banking and Financial Services at Societe Generale.
http://www.zonebourse.com/SOCIETE-GENERALE-4702/actualite/SOCIETE-GENERALE--17042015-Lancement-drsquoune-nouvelle-offre-de-mobile-banking-panafricaine-20211383/
I'll be glad to see this come true (without further increase to O/S)
"Over the course of the next year, we expect to see our new cloud-based platform play an increasingly important role in driving our user numbers and revenue growth."
Monitise launches cloud-based API platform
Platform enables businesses to integrate Mobile Money solutions more simply and quickly
16 Apr 2015
Mobile Money provider Monitise (LSE: MONI) announces the launch of its cloud-based platform enabling a powerful API-based delivery model for a range of digital banking and payment products. The development of the new platform is an integral part of the company’s focus on growing as a product-led technology business.
The platform, previously referred to as the company’s Central Platform, provides the underlying enterprise-class technology through which Monitise products can be made available to existing and new clients to enhance end-consumer propositions.
The platform’s Application Programming Interfaces (APIs) make deployment and integration of Monitise’s latest banking, payment and commerce products faster, easier and more flexible for clients and third-party content providers wanting to enhance their existing banking offerings.
Monitise Chief Operating Officer Mike Dreyer said: "We have invested in our platform to create smarter, faster and better access to our current and future suite of products as well as an ever-growing range of devices. Over the course of the next year, we expect to see our new cloud-based platform play an increasingly important role in driving our user numbers and revenue growth. The platform has been designed to help us deliver digital products built around consumer needs.”
The platform’s core capabilities mean that all new products are delivered with Monitise best-in-class features, including bank-grade security and authentication, multi-tenancy capabilities, customer support dashboards and standardised reporting. Monitise also provides expertise for consumer experience and technology integration from strategy and design to driving adoption, according to the individual needs of each client.
http://www.monitise.com/news/press_releases?id=1159
News yesterday,
" Türk Ekonomi Bankasi (TEB), strategic partner of BNP Paribas and one of the leading private sector commercial banks in Turkey, has launched a new digital banking service, CEPTETEB (Turkish for “TEB in your pocket”), as part of its branchless banking strategy. Designed and developed by TEB’s long-standing mobile banking partner Monitise, CEPTETEB’s mobile banking service forms the cornerstone of the branchless banking brand.
Available for iPhone and Android, with forthcoming updates for iPad, the new mobile branch incorporates a slick design and enhanced feature set. The updated app experience makes even more TEB services available to the bank’s five million customers, who can now remotely access a variety of transactions via the new and improved interface.
In addition to core banking features, CEPTETEB mobile banking includes enhanced functionality such as a simplified authentication process, the ability to live-chat with customer service representatives, and a QR wallet with three functions: sending money to any mobile phone number, shopping via ‘click to buy’ e-commerce sites (instead of re-typing credit card information) and withdrawing cash from TEB ATMs without a debit or credit card. The new mobile banking experience also allows users to open a CEPTETEB account.
http://www.monitise.com/news/press_releases?id=1155
LOL I realise that, you can do the same with transferwise web site at top of the page it gives a more realistic exchange rate. To be honest any currency exchange website will give conversions. No worries Enjoy your weekend!
I meant the link to use the price on the London exchange and convert it to US in order to see what the PPS should be, except for rounding.
So today it closed at 15.25 therefore MONIF should be .22
http://coinmill.com/GBX_USD.html#GBX=15.75
I use Transferwise, best thing I ever did. (Apart from take up golf again)
https://transferwise.com/
helpful link
http://coinmill.com/GBX_USD.html#GBX=15.75
Barclays Capital reiterates equal weight on Monitise, target cut from 25p to 15p
http://www.stockmarketwire.com/article/5013539/FLASH-Barclays-Capital-reiterates-equal-weight-on-Monitise-target-cut-from-25p-to-15p.html
It occurred immediately before I posted so 1.30pm ish. I tried to get a screen shot but I'm technically challenged. I'm pretty sure the bid was at .229 and never moved, the trades were at .1786 and .1886, both for 100k shares. I'm not one for B/S-ing, I'm 100% sure I saw the trades.
weird didn't see it on my level 2
Just had 2 x 100k trades at .05 cents below the current bid, some shenanigans going on here. Going up I reckon. JMO
Well you know what they say, there's many reason that directors sell shares but there's only one reason why they buy. Double bottom in and upside risk/reward is positive. JMO
GLTUA @ MONIF.
PS: I wish you'd tap the Mod button and become a Mod, you're digging out of info is invaluable. GLTY
Monitise plc (LSE: MONI) announces that it was notified on 1 April 2015 that, on the same day, the following purchases of ordinary shares of 1p each in the Company ("Ordinary Shares") were made:
Director
Role
Shares purchased
Price per Ordinary Share
Elizabeth Buse
Chief Executive Officer
500,000
13.25p
Lee Cameron
Deputy Chief Executive Officer and Chief Commercial Officer
250,000
13.25p
Following the transaction, Elizabeth Buse has a beneficial interest in 1,005,868 Ordinary Shares, representing 0.05 per cent of the Company's issued share capital. In addition, Elizabeth Buse holds a total of 5,000,000 options over Ordinary Shares in the Company, with a combined interest of 0.28 per cent of the Company's issued share capital.
Following the transaction, Lee Cameron has a beneficial interest in 288,880 Ordinary Shares, representing 0.01 per cent of the Company's issued share capital. In addition, Lee Cameron holds a total of 7,831,690 options over Ordinary Shares in the Company, with a combined interest of 0.38 per cent of the Company's issued share capital.
Monitise Plc (LON:MONI)‘s stock had its “buy” rating reaffirmed by equities researchers at Canaccord Genuity in a research report issued on Wednesday. They currently have a GBX 26 ($0.39) target price on the stock. Canaccord Genuity’s target price would suggest a potential upside of 93.45% from the stock’s previous close.
http://www.dakotafinancialnews.com/monitise-plc-stock-rating-reaffirmed-by-canaccord-genuity-moni/100821/
Monitise Plc (LON:MONI) insider Tim Wade acquired 250,000 shares of the stock in a transaction dated Tuesday, March 31st. The shares were purchased at an average cost of GBX 14.14 ($0.21) per share, for a total transaction of £35,350 ($52,580.69).
http://www.dakotafinancialnews.com/insider-buying-monitise-plc-insider-tim-wade-purchases-250000-shares-of-stock-moni/100415/
Insider buying is great. Only it also means that no material news is pending.
Thanks for the info, much appreciated! GLTUA @ MONIF
MCP article from March 12th
http://www.valuewalk.com/2015/03/monitise-plc-monif-new-platform-will-boost-growth-btig/
Monitise Plc (MONIF) Central Platform Will Re-Accelerate Growth: BTIG
Posted By: ManiPosted date: March 12, 2015 10:20:36 AMIn: Business, StocksNo Comments
With Phase 1 of Monitise Central Platform set to be launched on April 3, BTIG analysts believe the mobile payments provider is finally on the verge of re-acceleration in its business expansion.
In their March 11, 2015 research note, Mark Palmer and Giuliano Bologna of BTIG Research peg Monitise’s 12-month price target at 52 pence from the current market price of 19.75 pence.
MCP due for launch in April
The BTIG analysts point out that a strategic review that Monitise initiated on January 22 enters its eighth week now, and the mobile payments provider is just over three weeks away from an important operational milestone viz.: the launch of the highly anticipated MCP. However, the launch of Phase 1 of MCP has been largely overshadowed by speculation about the outcome of the strategic review.
The analysts draw reference to CEO Alistair Lukies’ emphatic statement during a Capital Markets Day last month wherein he indicated that the mobile-money specialist “absolutely” hasn’t put itself up for sale. As reported by ValueWalk, the CEO indicated that the results of the company’s strategic review thus far had provided validation of the company’s value.
They also note if Monitise is to remain an independent company, then the ability of MCP to steepen the mobile-money specialist’s growth trajectory is crucial to the future performance of the stock.
Significance of MCP to Monitise
Palmer and Bologna point out that MCP, a bank-grade, cloud-based service delivery platform, should help address some of the challenges Monitise Plc encountered with its existing Monitise Enterprise Platform (MEP) and Monitise Vantage Platforms (MVP), with regard to the effort and cost associated with providing customers with incremental services.
They note MCP should provide the mobile payment provider’s clients with a much more user-friendly experience through the use of Application Program Interfaces as well as performed-based pricing. Monitise Plc will also get benefit from MCP’s speed to market and scalability, with MCP sales cycles being much shorter than its erstwhile enterprise IT model.
Apart from banking and payment applications, Palmer and Bologna point out that MCP also has a component devoted to mobile commerce applications. Though banking will remain the mainstay of Monitise Plc’s growth, MCP will facilitate banks that already have their own mobile banking applications to connect to the platform to offer additional m-commerce services to their customers.
The move to a cloud-based approach should also lower Monitise’s capital expenditures and operating expenses. The analysts note with the build-out of MCP coming to an end, capex should be substantially reduced. Moreover on an ongoing basis, MCP would require lower headcount for development and integration services and would feature a more variable-cost approach.
Furthermore, although Monitise Plc’s growth has flattened out in the aftermath of its shift to a subscription-based model a year ago, MCP will likely propel its growth, and accordingly pegged Monitise Plc’s target price at 52 p based on 12x FY 18E EBITDA of GBP 114.79 mm discounted back at 12%:
OK found it, forgot all about it to be honest, it's almost 12 months since the first bit of news I saw on it. In any event the subscription based platform is the way to go if we are to remain competitive. GLTUA @ MONIF.
I missed this one, can you quickly share the date on the release as I'd like a more in depth look, sounds cool.
"consumer-empowered profiling with transactional and behavioural intelligence."
I believe it's: MCP
The new approach Monitise is offering will make it easier for financial institutions, payment companies, mobile operators, retailers and network partners to connect to an increasingly mobile population. Monitise’s Central Platform provides the services and functionality required to manage and grow the new ecosystem. While system integration capabilities continue to be provided by the Monitise Enterprise and Vantage platforms, each including a standard API interface to the Monitise Central Platform, customers can opt to use their own technology to connect directly to Monitise. As part of the Group’s evolving capabilities, content and service providers, including new industry schemes, can also connect directly to the published Open APIs of the central platform.
Supporting this, Monitise is also announcing today the launch of Monitise Signature™, a PCI-compliant bank-grade data analytics engine that combines consumer-empowered profiling with transactional and behavioural intelligence. This user-defined preference engine will enable richer one-to-one targeting to deliver personalised marketing that is adaptive and intuitive.
Is that the new Santander ISA app?
"A new platform is to be released in April, as the upside driver."
Yep, certainly gonna be an interesting few qtrs ahead. GLTUA @ MONIF
Good point as well. If the Review was over, why would he resign now?
That tells me they are still in play, at a higher price.
Other than global macro, I would say we bottomed.
A new platform is to be released in April, as the upside driver.
Good point but wouldn't it have to be a hostile takeover because they just announced they weren't for sale didn't they?
What conflict of interest? Was it because the Board Director sees the offers on the table and his company is one of them?
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Monitise is dedicated to being at the centre of the rapidly-developing Mobile Money opportunity. We defend and extend the role of our customers within Mobile Money, opening up new revenue streams, enabling deeper engagement and ensuring they stay competitive in this ever-evolving space.
The internationally-recognised Monitise ecosystem spans global financial institutions, payments providers, mobile network operators and, following a further expansion into the mobile commerce market, it encompasses retailers, media owners, advertisers, OEMs, system integrators, loyalty and coupon providers and affiliates.
Our vision is to make money totally mobile across the world. The Monitise Enterprise Platform, made up of trusted and proven banking, payments and commerce capabilities, and our unique Network Approach, were created and refined in some of the most heavily regulated financial services environments in the world and are specifically designed to embrace any device, any operator and any network. We provide pragmatic, robust services for today alongside a clear line of sight to the future.
As a result, we’re responsible for the creation and ongoing development of an increasingly rich and diverse mix of mbanking, mpayment and mcommerce solutions around the world.
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