wishbone11
29 Mar 2016
Re: dead or alive? Or sells them to Capita........
HUCKLEBERRY TIM
29 Mar 2016
dead or alive? So the new boss closes businesses down. Is moni worth more dead or alive? My maths says it's sp makes it around 70 mil market cap. Am I very wrong?
zombynation
12 Mar 2016
Re: Bank seeks fintech deals well that could be the reason for the spike Friday.
zombynation
12 Mar 2016
Bank seeks fintech deals Bank Seeks 'Fintech' Deals 12/03/2016 8
2amDow Jones News Bank of America (NYSE:BAC)Intraday Stock ChartToday : Saturday 12 March 2016Click Here for more Bank of America Charts. (FROM THE WALL STREET JOURNAL 3/12/16) Peter Rudegeair Bank of America Corp. is abandoning its no-deals policy and going shopping in Silicon Valley. In a push to upgrade its technology offerings, the Charlotte, N.C.,-based lender is dispatching a top executive out West to look at possibly scooping up promising startup companies. Thong Nguyen, Bank of America's president of retail banking, said the bank wants to be a bigger player in the business of handling consumer payments, even though that field is increasingly crowded. "All options are on the table. That includes partnerships or an acquisition," he said in an interview. The bank plans to announce Mr. Nguyen's move and his expanded payments duties internally as early as Friday. The pursuit of potential deals marks a major shift for Bank of America, which was so scarred by ill-fated purchases during the financial crisis that Chief Executive Brian Moynihan declared "No Acquisitions" in one of his first investor slideshows. That policy hasn't changed with respect to buying banks or other large operating companies. But with digital payments and financial technology, or "fintech," being one of the few clear-cut growth opportunities in the industry, Mr. Moynihan and Mr. Nguyen agreed that Bank of America has to look at outsiders that have succeeded making transactions simpler and more user-friendly. "Payments is going to be the thing we're going to focus on," Mr. Nguyen says. "We have a lot to learn from the new emerging players." The acquisition of a company would be the bank's first since 2009 and would likely be far smaller -- millions of dollars rather than billions -- than the big and rocky deals signed last decade. Bank of America's purchases of Countrywide Financial Corp. and Merrill Lynch & Co. in the throes of the crisis led to the bank reporting billions of dollars in losses, penalties and fines. Mr. Nguyen's move to San Francisco is designed to make it easier for the bank to meet more frequently with potential technology partners and Bay Area recruits that can help the bank develop its mobile apps and cut costs associated with paper checks and cash payments. The bank declined to discuss specific potential partners. Banks, credit-card networks and other financial intermediaries overall command $590 billion in fees globally by enabling business-to-consumer payments, according to Goldman Sachs research. Established technology companies such as PayPal Holdings Inc. and Apple Inc., and upstarts such as Square Inc. and Stripe Inc., are also looking to eat into that fee pool. Rather than develop its own proprietary payment app like J.P. Morgan Chase & Co., Bank of America has hitched its wagons to other large card players like Visa Inc. and MasterCard Inc. The bank, No. 2 in the country by assets, is planning to announce new enhancements as early as next week with Visa Checkout, the online payment service Visa launched in 2014. The bank will look to do the same with MasterCard's Masterpass service. "Our approach is a much more open architecture approach, unlike some of our competitors," said Mr. Nguyen. "The last thing I want to do is go in with another wallet . . . to confuse the customers." J.P. Morgan and Bank of America both support mobile wallets such as Apple Pay and Samsung Electronics Co.'s Samsung Pay. But New York-based J.P. Morgan, the largest U.S. bank by assets, recently said it would retool its Chase Pay digital wallet in mid-2016. In return for offering merchants lower processing fees and managing loyalty programs on the wallet, the bank hopes to sway merchants to direct their customers to use the Chase Pay app. "We have been just killing the competition" in payments, said J.P. Morgan Chairman
Orchard Gate
10 Mar 2016
Re: transforming the business "The potential upside here is boarding on extreme."Yeah, right.
speck you later
07 Mar 2016
Marcko Media Myvouchercodes.co.uk has to be worth more than 20 million to a buyer. I would be surprised if they let it go without establishing its true worth.
Orchard Gate
07 Mar 2016
Re: transforming the business "The potential upside here is boarding on extreme."Do you mean bordering? You make absolutely no rational case for your extreme bull views so supect you're just long, deeply under water and hoping things will improve. Moni is a busted flush - ask just about anyone in the industry segment and they will confirm this to you.
The Super Hero
06 Mar 2016
Re: TSH - transforming the business Yes Warren buffet just did really well with Tesco.Disparity. You meant it went up. Speculators drove it up. The miserable reality that this is a fire sale so that Monitise can keep chugging along leaking money. It doesn't sound to me like this came from a position of strength.If VISA don't renew their contract I think there will be a reality check here.
The Super Hero
06 Mar 2016
Re: living in the past Yeah. I mean what would giant VISA, who walked away, know about anything to do with finance and payment processing. It always soon to be profitable. They just keep changing the goal posts
Scooby Doo It
06 Mar 2016
TSH - transforming the business TSH,MONI was worth less the 40m last week, it's now around 65m. It doesn't matter if ione feels it's a basket case, it matters that some of the non core assets are worth quite a lot. Last week shows a disparity between the real value and what the market values it at and you know what good ole Warren Buffett feels about those situations.For a long time I have said MONI is no longer the company it said it was, the one we invested in. But it appears to have more value than the markets has given it credit for, no debt, cash at the bank and non-core assets to sell. I re-invested too early and now have an average of 6p.I'm working on the simple principle, 8p is the new 80p
zombynation
06 Mar 2016
V. Nice article Montise bills itself as the largest mobile money specialist in the world with a single-minded and realistic vision: to make money totally mobile across the globe. MONIF is working with over 300 of the world’s leading businesses and financial institutions across global territories to make the most of the opportunities this creates.The company offers a strong mobile banking platform through its Bank Anywhere, Pay Anyone, Buy Anything, and Engage Anytime services and has developed strong partnerships with Visa and MasterCard that connect it with millions of users around the world. Already 28 million consumers benefit from Monitise’s patented technology to ‘bank anywhere’, ‘pay anyone’ and ‘buy anything’, accounting for $71bn of payments, purchases and transfers annually.We like the fact that Monitise is everwhere. Consumers can buy and sell online, pay bills, move money around, book tickets and accommodations, and perform everyday tasks all using Monitise technology. Monitise provides specialized technology and associated services that help clients, particularly financial institutions, deliver innovative digital experiences to their customers.monif 3.6Currently trading at a market cap of $95 million, we see Monitise continuing to trade higher. We think a sale of Markco Media will happen and the company will continue on its turnaround path. We believe that the low is in on the stock and that the worst is behind the company. We will be updating Insider Financial as soon as we know more. For continuing coverage on MONIF and our other hot stock picks, sign up for our free newsletter today and get our next hot stock pick!Disclosure: We have no position in MONIF and have not been compensated for this article.
zombynation
06 Mar 2016
living in the past think you are living in the past. If monitise turn this around we are potentially on the biggest recovery on AIM. Soon to be profitable in a booming market.
The Super Hero
05 Mar 2016
Re: transforming the business Alistair *Lukies*
The Super Hero
05 Mar 2016
Re: transforming the business Which is why VISA walked away. You sound like a Alistair looks who has taken a load of ecstasy.
zombynation
05 Mar 2016
transforming the business this is just the start of the transformation and to be able to get a sale on a part of the business that is not key to the business objectives is great. Ok they have failed in the past but what this has created is an opportunity beyond compare to get into a booming tech niche at a company trading below cash. The potential upside here is boarding on extreme.
