Member Info for WallofFear

As predicted! They will extract more value!

I don't think Oddo is doing that for them. Oddo realizes significant more value here and expects either higher offer of over 3.5 pence or breaking up entities to get over 4.5 pence..... There is know way Fiserv will get the votes now with no major 10%+ shareholders and general major disappointment with this price.

All in the last 3 years- We paid £60 million for Pozitron (MEA), we paid £55 million for MVC, we spent over £200 million developing FINKit, we still have over £20 million in cash. MVC generating over £6 million in EBITDA and growing. We are told increased work at MEA. We are told FINKit contracts progressing and a better balance sheet would get them signed. AND ALL WE ARE WALKING AWAY WITH IS £70 MILLION??? THE NUMBERS DON'T ADD UP!

Ask yourself - why is Fiserv buying Monitise?? Is it for MCV? Or is it for FINKit? The answer is obvious - they feel they are likely to land a number of FINKit contracts with their balance sheet. MCV, MEA and the £20 million+ in cash are extras. FINKit's potential for them is worth this price. MCV, MEA and the cash would more than double that!! Insane to not push for breakup of this! Sell MCV FOR £60 million+, sell MEA for £20 million plus, sell FINKit to Fiserv and distribute the cash. Gets you to over 4.5 pence!!

The deal can unravel or more likely get voted down. To buy like this they are pretty confident breakup value significantly higher. 2% gain otherwise would definitely not be worth the risk. Watch IBM come in with a 3.5-4 pence offer. May have been the board's intention all along.....

I bet we will find out tomorrow that Oddo picked up another 20 million shares today. Not a huge investment but they are likely anticipating a counter offer. The other possibility is they see greater value in blocking the sale and breaking up the entities ( which 80% of us also see). MCV is worth £50 million as a stand alone and growing. £20 million in cash. MEA is profitable and growing. FINKit could be sold independently for some value to IBM or Fiserv. Fiserv has no interest in MCV but is getting that value bundled in cheap. 1) They will push for a 30%+ higher buyout or 2) They will block the sale and break up the entities and sell them for double this valuation. Holding on to my 1% position now. Watch Oddo try to get to a 10%+ position quickly.

They will get to 10% and block this sale...they see more value here like many of us do....

This is your best indication that good chance there will be a counter offer.

They think a counter offer is coming....only reason to load up here.

Not at this price.

Sorry that you sold at 2.6 and lower..(or shorted).

You are new to this. Sometimes takes a competitor's offer to motivate. IBM would fit here much better.

50% chance in the next 2 weeks that IBM makes a counter offer in 3.5-5 pence range.

Is that you completely exiting??

IBM will sweep in with a 4.5 pence offer in the next few days and that will suddenly seem exciting to all of us....

My 23 million shares will be voting no. Least I would consider is 4.5 pence. MVC alone is worth £50 million. Add in cash. FINKit is the unknown but they are giving it away for free...and it is worth something.

Will not let them walk away with FINKit and multiple uk bank clients...at least not for this cheap. This may get interesting....

If FINKit has big potential then IBM wouldn't worry about this short term cash burn. They could easily buy it for double this price if they believed in FINKit....

So Beetham- you want to sell?

Who had the 21 million share purchase trade? More news to come....