By Steve Moore | Wednesday 25 February 2015
Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.
Interim financials last week from Monitise plc (MONI) were far from impressive – though the company emphasising that this “reflects a period of transition, with the group moving away from large upfront licence revenue or engaging in new large scale development and integration led projects, but not yet benefiting from the release of the new platform and associated subscription revenue”. The following reviews a research update post the interim results and a following ‘Capital Markets Day’…
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