Looks like they corrected Omega's ownership. It is back down to 10.4%. Last weekend's # was probably left unchanged with the dilution.
Triguy, I believe you are spot on. But that's the problem. Management knows the importance of relaying the desired information more than we do. The fact that they haven't is quite telling. There is no reason to withhold what we are looking for. I've heard all the excuses. Non disclosures and the like. That's all denial . Mum is the word cause mum is all there is right now. A good product that few have started to adopt so far. That's it in a nut shell. Everyone sees th potential but before its realized how low will the stock go? In the end I think they will be viable but might not end up being a good investment. Time is the problem. Money won't wait
This afternoon's interchange has been too fun (acrimonious) to ignore. Most you on the board would likely describe me as a bit negative on the company, the leadership & the stock. To the contrary, I am quite hopeful. We have a great strategy; the only strategy that can garner the network effect bringing together all the parties; banks, payment schemes, retailers, consumers, content providers & other interested parties (mobile operators). We have the leadership talent (on paper) required to deliver such a strategy. We have a headstart with the history in banking apps, partnerships & customers. And, we have sufficient capital from the three rounds of financing over the past two years to last into FY 2017. Lastly, I believe the Visa decision is misunderstood. I believe that it's roots are in the competition of two leaders vying for one position and the 'winners' desire to dominate the future environment. When 'the loser' (EB) returned to Monitise and the Monitise 2.0 (product vs. integrator strategy); sour grapes got the best of him. EB gets it that we need a singular global product strategy with an open architecture and globalized consultative sales / content management approach to creating the 'network effect'. The latter is all about globalizing & integrating Pozitron, Grapple, Marko Media, ... As important as the strategy; I believe that the entire leadership team (particularly Al & EB) are aligned & motivated. That being said, it's now all about execution & communication (my pet peeve). We need both to meet the markets desire for real & perceived success (progress toward the 2018 goals). We need both for demand to outstrip supply of shares. The announcements this month give me cause for optimism. Predictions... The stock price will be 45P on February 28th if we prove that we've executed in delivering the central platform on time (Q1 per EB in September), we announce several more material contract wins with at least one introduced by IBM (size of addressable market, timing for deployment, size of contract), we more fully understand the relationship & motivation of IBM, minimally a slight increase in forecast for FY 2015 and a commitment to greater transparency about progress. We do not need to see & will not likely see material increases in registered users. We merely need confirmation that they are likely in the near term (addressable market + deployment timing). The above simply says that we are executing and are committed to informing you of progress. Anything less than this and the stock price will languish in the mid 30's. And, the longer we go without doing what's necessary to raise the stock price the greater likelihood that we lose staff, partners & investors. As BTIG said; share price matters. Thoughts?
RE: Mobster DD
New poster with 7 posts. Please, please, please everyone follow Newboy's link http://boards.fool.co.uk/de-rampers-handbook-7623066.aspx Read, digest and implement - there are some great posters on here, I read but not post
Not going to do your DD for you but you are dead wrong in most of what you say. That includes investors, major and institutional, Clients, partners, users, and others have all been improved in the last 6 months or so. Moni is fairly priced now for the potential they have. They are still very high risk, but high reward too. I doubt they are at all comparable with the stocks you mention. Not trying to convince you of anything, just point out some of your errors.
Mobster - You said Moni would run out of money or go bust by 2016, you say it as if it's a statement not an opinion. As an investor I find this offensive. You ask for my opinion on the share, I'm no expert but Cooperman is and he has a lot of faith in this company, as does Virgin money, Santander, Telefonica, MasterCard, and of course IBM. On this one I'm going to trust their research rather than yours. The share will continue to be unsettled while it's so heavily shorted, nearly 6% is it? But that's ok, I'm in it for the long haul, probably until 2018 when we plan to move house next, recon this investment will bump up my deposit a bit, we will see. GLA
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