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...the Monitise board's belief that were the acquisition not to take place, the board would need to consider raising further capital, divesting businesses, and the revising the overall strategy of the group; If WE do not succeed, we take Fiserv on board with a 50% stake injection. Tick. If WE do not succeed, we liquidate since banks do not want our products and other units fail in success also according to the latest Trading update. Tick Bring business to auction, LC. Sell the vehicle plc along with the cfw loss worth 0,15p £ alone.
Enjoy a day or two::)
Dear Investor, Corporate Action – Monitise Plc - Scheme of Arrangement Under the terms of the Increased and Final Offer, each Monitise Shareholder will be entitled to receive: 3.1 pence in cash for each Monitise Plc share held. So no worries. You will get paid. On the above you will receive £XXXXXX for your holding. Proceeds are expected to be paid by 16 August 2017. Be happy. $$$$. Happy now? No need now to tell you what day and time the courts meeting will rule out on the companies concern and its proceeds. Sure, your previous vote is recorded and in safe hands. We may have postponed the meeting the day we averaged the NO - go's in number bc we do not mean to fail. Fiserv shall not fail and I will not blame myself, you understand. And though holdings and possessions sharewise in millions may have shifted since, no need to vote once again. Nowadays updates are available instantly and NO votes for a 100 will apply for a 1,000, of course. Well, I'm sorry. I do not mean to puzzle you. Take a deep breath and rest. You contributed already a lot supporting with your voting in the first place. Thxxxxxxx so far.
.. The proceeds are expected to be paid by 16 August 2017... And the courts Meeting and AGM are meant to take place DDMMJJ @ ? o'clock?
In this regard they could free themselves up from Mr Lee Cameron for good. If that was not an option.
... I believe a lot of shareholders would go along with giving Fiserv one half of the total shareholding, for a £75 million injection of capital . The sp would probably take off ,so that in terms of asset value Fiserv would be no worse off. Probably better off ,from a balance sheet point of view ! Everyone would be happy ! NTX, that is a brilliant idea. Though Fiserv has chosen to at least tolerate this sneaky taylored bargain, I doubt they come out now decent now.
I guess is that the European banking sector is sorted more or less in its basics already with no GIANT or small company or alliance prepared nor keen to conquer the US and North American market if not the rest of the world.
My guess is EBITA =0 / (19,6)M£ FY16 EBIT = (30) M£ / (244)M£ FY16 - no further impairments in 2017 as outlined along the last update. Ready to take off in 2017 and the coming years in collaboration with the heavy weight FINit partnering companies and backed with that huge amount of intellectual property, this company needs a strong lead and intellectual capacity.
A 75% altogether can try squeeze you out I think. What are the rules?
Will we manage 1% +1share? Someone interested to found a company? No joke.
Jacobo Ybarra holding 4,41%. Have I missed the 8.3Form for Cavendish, supposed to hold 4,xx%?
I suggest you pay 0.20£/share (0.15 cfwloss plus..) and an annual compound in 2020. Don't you dare to miss out any not-registered oversea shareholder (courts hearing & AGM) not registered by the nominees failure on purpose or agreed on with whoever. Do not miss out the oversea non-registered shareholder by handy failure. I did spot this promising company and will not lose out.
Someone to interview the Welch Government. They support criminal rich banksters to attract and safeguard 50 professionals in their area deliberately or not in the know at the time.
The offer reveals that LC abstains from a substantial number of shares. To make this hand over more attractive and work. There's your law suit. According to my understanding. A complaint with the FCA might be easy as it was here with the German counterpart re my holding. You only report your concern.
The welsh government could have been mislead on contracts materializing later this year with current trials and customers in the pipe worth to support the company NOW. I presume there must have been kind of proof of success and seriosity. But then could the BOD have forgotten to point out its temporarily ongoing negotiation and its intention to sell off its business in full! to the US?
I wonder as to what extend the welsh government was informed in January. They sure did fund assuming the going concern principle, I presume. .. The expansion, which will see the specialist in financial services technology retain 34 high-value jobs in Wales as well as creating 26 new jobs, is backed by £527,000 business finance from the Welsh Government.
We now see the banking sector progressively under pressure. Currently they may work on that PSD2 stuff and shall have the InstP also on the agenda and flagged red. What ever deal on pricing and pricing LC has agreed on FINkit with the banks, suitable for his private agenda and terms of private FISArv deal, they will hopp on the train some time, if not not done so already. 500k£ revenue were recorded 2ndH FY16 and audited. Shall we believe 0£ revenue 1stH FY17 unaudited? What will be audited FY17 eventually? Suitable payment terms agreed on these days or from last year on could be nine month after a successful three month trial or such with a recording in year 2017 from January on, who can know specifically. This section is a success. Mobile payment adoption is increasing as you may learn from the latest MasterCard update, for example. And given the circumstances and plot(?), I presume we are close. Close to success. So why sell at all? I am asking. Why say well, we have come that far, take it for a double price?
Had simply an investment in mind? So had VISA but they got overwhelmed $$$$$$$ and greedy. Lol
Right now, only a few banks only go live and practice instant payments from mid November on. That is supposed to be a real threat to the banks which credit one day after the payment was issued only, so far. Even worse probably is the situation e.g. for Giant VISA. Imagine FINkit answers even the blockchain traffic and challenge in general and banks as a Customer were able to manage direct debit (cards) instantly and straight by themselves a huge revenue stream and opportunity was missed out by VISA and the likes and damage was even worse since no creditcard was longer or not that much of use any more. Now, MONITISE could well be a target. A VISA target and buy in the end. .. It's amazing how the last guys in charge managed to sell out for 80p before announcing 3 years of massive writedowns? .. Well, VISA finally pulled out that time. LC came into charge. VISA Europe's stake turned into a VISA Inc stake over the course and Fiserv is liaising with VISA.
"MONITISE revenue drops amid FINkit contracts" .. LC: We continue to manage the costs of the business where possible as revenues reduce and we seek our first FINkit contract. I understand he does best to survive? My suggestion is Mr Cameron you better focus on profitable and settled but obviously neglected business units rather than on FINkit for the time being and your latest flink and tea time afternoons with Fiserv.