Member Info for K3VMC

I use Twitter on the iPad. Open Twitter, select "messages", the click on the symbol in the top right corned, select recipient, complete message and send.

It is still real money from a real investor. Do you realise how juvenile your posts are?

Still chuckling at that! :-)

Stew, have a look for me on twitter. I'll see what I can arrange.

Seeing "1) LC is required to build and maintain 1 years salary in Monitise stock. Your example does not comply with that." It is not a requirement. It is a guideline. It is also to be built over his time in office We have discussed this at length. Please keep up. - It is a guideline that they put on themselves which NO ONE is following. Doesn't look good when they can keep their commitments. The other explanation is they incorrectly believe they have been in a blackout for 2+ years. I stand by my point that it is a guideline, not a requirement and the position is to be built up while in office, not on being appointed to office. "2) His options aren't tied to SP so hopefully they are tied to Finkit performance. He may not even get to use his options." His options are tied to nothing. You are flat out wrong on this one. They are tied to FY18 revenue and EBITDA targets set when he took over. I can't imagine he is anywhere close on the revenue side. There is a real possibility he will not get these options. I should have said "linked to nothing, as far as I know". I would be very grateful if you would provide details of that. "3) If he believed in the company why wouldn't he buy stock in the open market AND use his options? Perhaps he has too much money?" He would not buy because he would be paying income tax and NI at the highest rate. That is silly. Seven weeks until a trading update - it can't come soon enough for me. - So high income people don't invest because of taxes? Why would they bother working then too? If he was confident this was a winner he would be investing even if the taxes were high.... I am saying that high income people who can exercise 10m shares, with no outlay, have no need to buy 1m shares in the market at 2.2p, from after tax income. As for your point about bothering to work for MONI, I don't think that requires any comment. I hope you're right regarding the update but without good news I can see them hiding until September similar to what they did at the beginning of the year. Someone should ask them point blank why they don't hold one years salary in stock at the AGM. I will ask that question at the AGM. I have already informed MONI about that.

VH "Do you really think this idiot has 60mm shs - if so I've got some magic beans for you..." It may be a difficult concept for you, but some posters are genuine, with real, not imaginary, holdings. In addition, some, like Beetham, are wealthy.

Stephen, we'll have to have that beer at the MONI AGM this year, if not before. GLA

Seeon "1) LC is required to build and maintain 1 years salary in Monitise stock. Your example does not comply with that." It is not a requirement. It is a guideline. It is also to be built over his time in office We have discussed this at length. Please keep up. "2) His options aren't tied to SP so hopefully they are tied to Finkit performance. He may not even get to use his options." His options are tied to nothing. "3) If he believed in the company why wouldn't he buy stock in the open market AND use his options? Perhaps he has too much money?" He would not buy because he would be paying income tax and NI at the highest rate. That is silly. Seven weeks until a trading update - it can't come soon enough for me.

VH "Why would a director buy when they think it's going to zero?" Why would Mr Cameron try to buy 10,000,000 shares in the open market? Despite your promises of "tens of millions of shares flooding the market, we see a couple of hundred thousand per day. First sign of him buying would soon pushe the price up. Even if he could get them all for £220k, he would be funding that from post-tax income. He will wait until the sp recovers, then exercise them at 1p, sell them and trouser the gain WITH NO CASH OUTLAY! Your lack of financial acumen is unsurprising.

PE "Even 4 months out, I can assure you that are you going to be disappointed!" Wrong. Last year's trading update was July 21st. Try 7 weeks, instead of four months. Wrong. You cannot assure me of anything. Anyone trusting your advice deserves to sell out at the bottom.

No point in arguing the toss with shorters. All will be revealed with the next trading update. :-))

Jun 2014 - 1,250 employees Dec 2016 - 420 employees MONI got bloated and lost money on fixed price contracts with YAPP, Telefonica and Virgin Money. It started its move to Clod Computing and invested heavily in FINKit, slashing its overheads. Of course cash had to be spent to make that transition, but they had, and still have, enough cash to get them in to profitability. This will be the third half year of ebitda positive results. The impressive growth of MVC may well be enough to tip them into profit in the next update, but the first FINKit contract will certainly do that. Our US friends want us to sell for a reason, and it is to benefit them, not us. GLA

Lots of abuse from them today. That's always a good sign. GLA :-)

Triguy, FINKit is ready, but also evolves. Think of it like the iOS on your iPhone. There are frequent updates to provide new features, efficiencies and improvements suggested by user feedback. Potential partners are always a possibility, but no second tranche that I know about. MONI is going through the steps of its transformation, as promised. My view is that IIs which support a course of action will remain supportive at least until that course of action is complete. Fatih has recently moved to the States to run Monitise Americas. I can't see him throwing his toys out of the pram either. Next trading update has the potential for a huge surprise. Apart from meteoric MVC growth, reduction in "onerous contracts", reduced office overheads and slashed wage bill, there could well be reversals of the massive provisions that made up the £200m+ losses in previous years. This will be the third half-year of ebitda positive. Maybe, just maybe, cash flow positive. DYOR

VH "The slow motion inplotion continues" I know I rib you about spelling, making up words etc, but seriously, the best investment you can ever make is in your education. Even if you think it is a little late, at least invest in an English dictionary. No offence meant. ATB

PE "Congratulations on the three-hundredths of a pence surge. Good lord." I also enjoy fishing. :-))

Blue day. :-)

JIL1, I was jut wondering how you were keeping! The twitter account is now FINKitTech. Moni is emphasising the complete partnership package now, so the new handle is more generic, rather than a Moni only product. Makes sense. They haven't updated the website yet. ATB

What I think of myself is not relevant. Greece is screwed. Anyway, my apologies for not resisting making a comment. I'll stick to MONI.

Kenneth Clarke has always been a great fan of Kenneth Clarke. Try Janis Vatoufakis - Adults in the Room.