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Monitise (MONI)

Sector:

Mobile Telecommunications

Index:

FTSE AIM All-Share

Market Cap

£12.93m

Change Today

Price Down-0.63p ()

Share Price

3.88p

Friday tips focus: SIG, Huntsworth, Cineworld

Date: Friday 22 Aug 2008

There is nothing wrong with insulation materials group SIG, indeed it is clearly a very well run group, but if the shares cannot improve significantly on yesterday's announcement of a 10% profit hike, it is unlikely they will be boosted by anything else in the short term. Cautious hold says the Independent.

Huntsworth, which runs communications businesses in the financial, healthcare and public affairs sectors, did not need to spin anything yesterday when it posted its interim results, showing pre-tax profits were up 21.9% to £12.2m. Huntsworth would be a nailed-on buy if it were not for the fact that the shares did not react well to yesterday's numbers. Cautious investors may think they have missed the boat. Hold for now says the Independent.

Monitise is a company that provides the infrastructure to allow the banks to send an automated text message telling us we are about to run out of cash. Losses are still high, but there is clearly an appetite for Monitise's products, which is likely to grow. Furthermore, the group has no debt and growing revenue, which could lead to a market price-busting bid. Buy says the Independent.

Although biotech Prostrakan is still loss-making, the management expects to turn a profit for the first time next year, with 2010 the company’s first profitable full year. It aims to achieve this by selling a new portfolio of medicines in the US, the most lucrative pharmaceuticals market, starting later this year. Abstral, which treats pain from chemotherapy, is one of several drugs tipped as potential $100m sellers. Prostrakan is a relatively defensive stock in a volatile sector. Buy at 100p says the Times.

Underwriter Amlin's first half investment returns were hit by the storms that have lashed financial markets this year, while the company also had to pay out for natural disasters including the Chinese earthquake, floods in the American Midwest and the US tornados. Amlin chief Charles Philipps admits that profitability is likely to come down because of the upheaval in the financial markets. Hold says the Times.

Anyone who has been to the cinema recently will admit it has been a pretty poor summer for blockbusters. For cinema operator Cineworld, the second half should be helped by recent release The Dark Knight and the ridiculously named new Bond film Quantum of Solace. Cineworld also claims that the allure of film continues throughout a slowdown as consumers seek a little escapism. Risky, but buy says the Telegraph.

Newspaper distributor and aviation services group John Menzies shares have fallen by about 40% in the year to date, giving the group an attractive valuation, while the stock's dividend yield of more than 7% is 1.7 times covered. Nevertheless, with downward pressure remaining, the shares are still best avoided for now says the Telegraph.












Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

 

Monitise Market Data

Currency UK Pounds
Share Price 3.88p Price Down
Change Today -0.63p
52 Week High 16.00
52 Week Low 3.88
Volume 49,728
Shares Issued 333.73m
Market Cap £12.93m
Beta 0.34
RiskGrade 400

Performance Indicators

Compare performance with the sector and the market.
Find out more
Key: vs Market vs Sector
Value
27.07% below the market average27.07% below the market average27.07% below the market average27.07% below the market average27.07% below the market average
22.22% below the sector average22.22% below the sector average22.22% below the sector average22.22% below the sector average22.22% below the sector average
Price Trend
15.42% below the market average15.42% below the market average15.42% below the market average15.42% below the market average15.42% below the market average
36.84% below the sector average36.84% below the sector average36.84% below the sector average36.84% below the sector average36.84% below the sector average
Income Not Available
Growth
50.09% above the market average50.09% above the market average50.09% above the market average50.09% above the market average50.09% above the market average
76.47% above the sector average76.47% above the sector average76.47% above the sector average76.47% above the sector average76.47% above the sector average
Price Chg 6m
49.23% below the market average49.23% below the market average49.23% below the market average49.23% below the market average49.23% below the market average
89.47% below the sector average89.47% below the sector average89.47% below the sector average89.47% below the sector average89.47% below the sector average
P/E Not Available
PEG Not Available
Dividend Yield Not Available
EPS Growth Not Available
Operating Margin
92.22% below the market average92.22% below the market average92.22% below the market average92.22% below the market average92.22% below the market average
100% below the sector average100% below the sector average100% below the sector average100% below the sector average100% below the sector average

What The Brokers Say

Strong Buy 1
Buy 0
Neutral 0
Sell 0
Strong Sell 0
Total 1
strong_buy
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

Monitise Dividends

No dividends found

Trades for 01-Dec-2008

Time Volume / Share Price
16:11 20,000 @ 4.13p
14:09 1,794 @ 3.75p
11:03 600 @ 4.61p
09:04 399 @ 4.61p
08:29 1,935 @ 4.63p

Monitise Key Personnel

CEO Alastair Lukies
CFO Tom Spurgeon

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