MONI LN

Monitise plc

TMT, Finance/Real Estate


Presented:04/10/2014
Price:£0.58
Cap:$1.06B
Current Price:£1.35
Cap:$4.98B

Presented

Date04/10/2014
Price£0.58
Market Cap$1.06B
Ent Value$1.00B
P/E RatioN/A
Book ValueN/A
Div YieldN/A
Shares O/S1,843.13M
Ave Daily Vol18,040,000
Short IntN/A

Current

Price£1.35
Market Cap$4.98B
Monitise plc, a technology and services company, provides mobile banking, payments, and commerce solutions for financial institutions, payments companies, retailers, mobile network operators, and other service providers in the United Kingdom, the United States, India, and the Asia Pacific. Its core products include Bank Anywhere, a mobile banking service allowing consumers to access their bank accounts and finances anywhere; Pay Anyone, which enables SMEs to accept card payments anytime, anywhere, or allows consumers to pay bills and send money internationally; and Buy Anything, a mobile commerce market that enable consumers for mobile shopping on their smart phones. The company also offers implementation, design and development, adoption, support, and managed services. Monitise plc was founded in 2003 and is headquartered in London, the United Kingdom.

Highlights

The presenter has tracked Monitise’s (MONI) growth/ evolution for the past seven years. He is long shares and thinks the risk/ reward is favorable at ~60 GBp. The 1.1 billion GBP market cap company is well positioned to not only continue to grow rapidly in the mobile banking industry, but leverage its platform for targeted advertising in a unique, lucrative way. Mastercard just recently bought stock at 68 GBp via an offering, Visa is a major shareholder, and the presenter believes the payment processors see the potential this company possesses.

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Idea Discussion

Commentor 1 - 2 weeks ago

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