By Tom Winnifrith | Friday 29 August 2014
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.
Monitise (MONI) has announced another big name collaboration which has the Bulletin Board and twitter morons all excited. Natch there are no financials. Monitise only admits then when it says – as it does every few months – “uh, oh, another small delay in the move to profitability but do not worry revenues are going up.” My twitter moron of the week Share Tipster (@2years2go) reckons that concepts like cashflow, DCF etc are all so old hat and that I just do not get the new paradigm. Where to start.
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