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Friday tips round-up: Standard Life, Monitise

Fri, 23rd Jan 2015 22:12

Shareholders in Standard Life are sitting pretty after the relevant authorities cleared the way for the firm to payout £1.75bn in cash. That comes in the wake of the £2.2bn sale of its Canadian arm last September. That will result in a large outflow of capital, which will nonetheless be compensated for by a share consolidation. Yet what really matters is the company's constant solid performance.To take note of, the outfit has only a limited exposure to annuities, granting it a degree of immunity to George Osborne's recent pension reforms. In fact, it should see higher demand for its adaptable investment management products. The only rub is that the putative combination of Aviva and Friends Life will heighten competition in the sector.Even so, the firm has a good model and options for growth. Hence, there is no reason not to remain a buyer, writes The Times's Tempus.The share price of mobile payments technology firm Monitise has crumpled since reaching a peak less than twelve months ago at 80p, valuing the stock at £1.38bn. Its mobile banking app allows users to use their phones much like wallets, to transfer money and make payments as well as to check their accounts. Indeed, the AIM-listed company saw its revenues jump by 67% over the first six months of 2014, as the volume of transfers and payments more than doubled to reach $71bn.However, the firm's stock has floundered as its dream of turning mobile banking applications into a mobile marketplace met cold, hard reality. Instead of growing sales by 25% last year as it at first expected, revenues advanced by a more moderate 31%. Revenue growth this year is set to be even less impressive, with the company's projections having been revised down to either flat or down. Take what you can and sell, says The Daily Telegraph's Questor column.
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3 Jan 2017 12:12

Monitise says has not sold Americas business

(ShareCast News) - Monitise said on Tuesday that it has not sold its Americas business unit. The AIM-listed specialist in financial services technology noted an announcement on the Checkalt Digital website suggesting that it has bought Monitise Americas and clarified that no such transaction has tak

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3 Jan 2017 12:03

Monitise Says Checkalt Has Not Bought Americas Business

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8 Sep 2016 10:51

Monitise reports on tough turnaround year

(ShareCast News) - Financial services digital technology company Monitise announced its preliminary results for the financial year to 30 June on Thursday, which it said confirmed a "substantial improvement" in operating figures in the second half. The AIM-traded firm said its new business unit, FINK

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21 Jul 2016 07:35

Monitise Says Revenue Set To Fall In New Year After Flat Second Half

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31 May 2016 07:48

Monitise no longer in discussions over content business

(ShareCast News) - AIM-listed mobile payments processor Monitise said discussions regarding a possible sale of its content business, Markco Media, have now ended. Monitise had announced in early March that it was in very early stage discussions regarding a possible disposal. However, the company sa

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31 May 2016 07:19

Monitise Ends Discussions Over Potential Disposal Of Content Business

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29 Mar 2016 06:40

Monitise Appoints Gavin James As COO And Finance Chief

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4 Mar 2016 14:16

Monitise confirms early stage talks to sell content business

(ShareCast News) - AIM-listed mobile payment processor Monitise confirmed on Friday that it is in very early stage discussions regarding a possible disposal of the content business, Markco Media. "There is no certainty that a disposal will take place or what the terms of any such disposal may be," i

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4 Mar 2016 11:33

Monitise Shares Surge On Early Talks To Sell Markco Media Businesses

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12 Feb 2016 10:45

Monitise predicts positive earnings after massive write-offs

(ShareCast News) - First-half results from Monitise showed underlying losses cut by a third as the painful restructuring of the financial software group grinds towards what is expected to be a profitable second half. However, reported operating losses before tax ballooned to £211.6m compared to £58.

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12 Feb 2016 07:53

Monitise Interim Loss Widens Amid "Challenging" Transition To Cloud

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5 Feb 2016 16:05

Earnings, Trading Statements Calendar - Week Ahead

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21 Jan 2016 09:00

Monitise Confident Of EBITDA Breakeven In 2nd Half Of Financial Year

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1 Dec 2015 07:47

Exodus Continues As Monitise CFO Brad Petzer Resigns

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22 Oct 2015 08:33

Monitise Trims Board By Two To Streamline Business

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