Re: GOOD EVENING. DON'T YOU JUST LOVE MONI Or when you are a forced seller .... today's RNS take over at 2.9pWill you wait for Sir Singh.
Re: Really low offer They know lots of things you dont.. I would think this is a good deal for all concerned there is no way Monitise would survive long term. I know this business very well, I was there for 9 years. The market has moved on the company has not, its strategy fell apart in 2015 and Lee has done a great job since then in my view. Nobody has bought finkit, firserve could do a job with it as well as the US business which has been treading water since it was bought. They will sell of the agency and the content business and probably get a decent slice of the £70m back for those. Take the deal.. be happy as if left in two years the SP would be close to zero. May the farce be with you. Darth
Really low offer I can't believe the board think this is a good offer.... he'll no.... always reject first offer another will come if not the company is worth much more than 2.9p Jesus come on board don't sell yourself short....unless they know something we don't.. ..eeeeek
Re: Swansong! I tend to agree Aborman. £70m for a company valued 20 times this at one stage, seems too cheap to me. It wouldn't surprise me if a counter bid came in around the £100m mark giving us, as you say, circa 5p a share payout.Worth holding for a week or so to find out...
Re: Swansong! Even 5p a share would leave me with losses of 87% but quite frankly 2.9 or 5 I just want this debacle over.
Re: Swansong! I can't see the BOD getting 75% shareholder approval for this deal as most holders bought in at above that price, I hope to see a counter bid soon nearer 5p
Swansong! StockMarketWire.comMonitise and Fiserv UK Ltd have agreed a recommended offer by the latter for the former. Monitise shareholders would recieve a premium 2.9p cash for each share. The offer value Monitise at about £70m.Peter Ayliffe, chairman of Monitise, said:"Following the simplification and stabilisation of the Monitise Group and the focus on the development and marketing of its next generation digital banking technology FINkit, the Monitise Board has been regularly reviewing its medium to long-term options. "In reaching its decision to recommend this offer, the Monitise Board has considered in great detail the best interests of all stakeholders and the Company as a whole. "Recognising the growth challenges we continue to face, we believe that Fiserv's all-cash offer provides shareholders with certainty of value at a level in excess of the risk adjusted prospects of the Monitise Group on a standalone basis. "In addition, Fiserv as a large and diversified international financial technology business, has the ability to accelerate the growth of the business through greater scale, investment, and routes to market."At 8:55am: (LON:MONI) Monitise PLC share price was +0.56p at 2.86pStory provided by StockMarketWire.com
Re: What caused that bit of activity? Think it was to do with lloyds bank....the gist is that it's transferring its fintech and staff to IBM cloud services....
No progress A trading update would be appreciated. Not a word since February therefore assume no progress
What caused that bit of activity? Could there be more to come?Hope so
Re: TLTMFC LMFAO Who was that fat comedian from Ulster whose catchphrase was "And there's more"?How's it looking Dr Singing from the wrong song?
Re: TLTMFC LMFAO Recently continuing the nose div
TLTMFC LMFAO The Looney Tune Monitise Fanatics Club has gone rather quiet. I'm sure this has absolutely no connection with the share price. LOL.
Re: Techmarketviews I'm not a subscriber and would like to see any info on that report too, but the big recent big jump was obviously triggered by something positive, and a mention like that fits the bill.
Re: GOOD EVENING. DON'T YOU JUST LOVE MONI "SAID IT BEFORE I WILL SAY IT AGAIN. YOU'RE ONLY A LOSER WHEN YOU SELL AT A LOSS."So how many shares does this clown hold in companies which have gone bust but which he has not sold. He's a loser and a stupid one at that.