Bango Share Discussion Threads

[lentjes] 15/9/2016 13:10

We have updated website at last. No major changes but interesting that PayPal are now listed as one of our partners.

That's a new one on me

[lentjes] 12/9/2016 11:28

Correction of my post 7th September. Pokemon Go revenue now US$500m in first 63 days.

We could be in for an interesting H1 & TU RNS next Tuesday and I hope BANGO have not given the market too higher expectations of the impact of PG on EUS although Raymondo has always been careful in the past not to promise anything he can not deliver so the fact he has gone public on the impact PG gives me some confidence we could be in for good news.

However, an EUS of anything above GBP180m entering September, keeping margin above the 1.8% and overheads around the annual GBP5m (excluding M&A's) would put BANGO ahead of the curve

PS

Looks like a bit of a tree shake going on this morning although the market is down across all sectors. Spread also reduced by the MM's to 2p

[lentjes] 09/9/2016 07:24

Latest share holding as 7th September, Some big movers

Lion Trust down 100k
Herald up 500k
Sneller up 50k
Wellington now below 3%
Schroders now below 3%

Looks like Sneller and Herald have taken up the dump by Wellington & Schroders. Question why no RNS from Wellington & Schroder going below 3%

LIONTRUST ASSET MANAGEMENT: 11,013,724 (16.93%)
HERALD INVESTMENT MANAGEMENT: 9,281,267 (14.26%)
ODEY ASSET MANAGEMENT LLP: 7,088,000 (10.89%)
MR RAYMOND ANDERSON: 6,628,949 (10.19%)
MR ANIL MALHOTRA: 3,986,815 (6.13%)
HARGREAVE HALE: 3,291,500 (5.06%)
INFLECTION POINT INVESTMENTS LLP: 3,135,139 (4.82%)
MR RICHARD SNELLER: 3,050,000 (4.69%)
CAVENDISH ASSET MANAGEMENT: 2,126,033 (3.27%)

[smallcapinvestor1] 08/9/2016 11:21

Apple app store growth 106% y.o.y.That's an incredible indicator for the whole industry and therefore bango's platform. According to techcrunch this is largely down to pokemon go.

[haozhen] 07/9/2016 15:53

I thank Mr Lentjes for some useful wisdom.
As ened user spending comes on as Pokemon and more other stuff grows, Bango will go soon to rapid profit and cash genetaror. Very nice.
I am very interested in China and Japan activity - such a hot market and getting hotter - and Bango stealthy but very good position with biggest app stoires and maybe Danal games companies.
I am so pleased with my buy at 40's pence level - but thank much more to come now

[smallcapinvestor1] 07/9/2016 07:58

Large seller cleared yesterday. Hence the big volume and move up.

[j777j] 06/9/2016 12:18

Mobile streams up nearly 200% today.Methinks Bgo has far greater potential.

[lentjes] 06/9/2016 07:01

20th September BANGO H1 Results. Will Raymondo spring a surprise ?

2 weeks from today BANGO will announce H1 2016 results and based on the info we know in relation the M & A of BilltoMobile and the end June EUS as already posted I expect cash in bank to be around £8m give or take 100k either way so no surprises in relation to H1 results.

However, after reading various articles, interviews and the increasing EUS could Raymondo spring a surprise in that we have reached or within touching distance of month on month break even

To support this possibility I summarise the following

Organic annualised EUS @ end June 2016 £101m as per trading update
Add 2 months increase on EUS lets say £117M
Add BilltoMobile (£58m lets assume no increase)gives total annulised forecast EUS £175m
which gives approx £14.6m per month EUS
BANGO breakeven = approx £20.8m
So BANGO need to find approx £6m per month

The BANGO end June EUS was pre Pokemon GO (PG) launch which has now earned total US$440m with US$120 coming in the first month so in August PG had US$320 incoming. The question to ask is that BANGO reported a significant increase in EUS following the launch of PG so what is significant you ask ?

Well at today's exchange rate US$320m would give £246m so if only 2.5% has gone via the BANGO platform we would have our £6m

Wishful thinking but not impossible

[lentjes] 31/8/2016 16:21

Looks like the big Apple carrier billing band wagon has just rolled into Suadi Arabia

Maybe the see carrier billing as a way to get their US$ 14 billion back from the EU LOL

[lentjes] 30/8/2016 17:58

Great read, may give the share price a kick

[lentjes] 28/8/2016 08:39

Article from 13th July. Strong carrier billing growth makes up for falling voice revenues across UK PRS sector

Despite MNO issues with actually turning carrier billing into a viable service in the UK, carrier billing revenues now account for a third of all UK PRS revenues – but voice revenues are in decline.

So finds this year’s Annual Market Review from PhonepayPlus, the UK phone-paid services regulator. Soon to be renamed The Phone-Paid Services Authority (PPSA), the review finds strong growth in operator billing revenues, which have increased by 55% from 2014/15 to 2015/16 and account for almost one-third of total PRS revenue. This has contributed to an overall stabilising in the market after five successive years of dropping revenues. Operator billing revenues are projected to grow still further in 2016/17.

Sectors including games on social media, gambling, music and video content have experienced substantial growth. Revenues from music or video content have risen by 47% from last year as the trend for purchasing digital content to a phone bill is predicted to continue its rise.



hxxp://www.telemediaonline.co.uk/strong-carrier-billing-growth-makes-falling-voice-revenues-across-uk-prs-sector/

[lentjes] 25/8/2016 18:45

Just listened to the interview again and thought I would sum up the highlights

- we have deals with all operators in Indonisia (I was not aware BANGO had deals with all operators in Indonisia)
- our partner DANAL has relationships to help the Chinese spend on apps with BANGO
- further acquisitions planned ( although she said that not Ray)
- lots of cash in the bank (I expect approx 8m end H1)
- 5 minute into interview Ray stated we are still spending a little bit of cash (little being the important word although lets see in the H1 results but if true then great)
- EUS 1/4 billion which is halfway to profit at end June ( as per trading update)
- capacity at 1 billion ( we already knew this)
- capacity can expand to 2 billion at little cost ( I expect this to be confirmed in H1 results)
- and then a further billion at little cost ( total 3 billion now that would be nice)
- new payment routes to light up during remaining 2016
- content in App stores to grow during remaining 2016

What's not to like about that !

I'm sure Ray had a lot more to say but that annoying woman cut him off at the end.

[lentjes] 25/8/2016 08:05

Yes great interview and I think he wanted to say a lot more but that annoying woman with the false smile couldn't keep her gob shut

[amt] 25/8/2016 07:51

The recent proactive interview with Raymond was excellent. He was talking about break even in the next year and upgrading to billions of user end spend at minimum cost. So potential is for tens of millions of income as and if things go to plan. All very exciting. Suprised the share price hasnt gone to all time highs.

[j777j] 19/8/2016 10:01

I think the list is fairly endless.Could this be another overnight sensation that actually took a decade of hard work to build?It feels very close to reaching an inflection point.

[lentjes] 19/8/2016 09:56

What about the big credit card companies, will DCB hit them the most ?

[j777j] 19/8/2016 09:22

Look at a PAYS with a 2 billion sterling mkt cap and the Paypal with a $45 billion mkt cap.There are many potential suitors out there and Bgo would be chicken feed for them.

[lentjes] 19/8/2016 09:12

J777J

I agree business model looking good and with DANAL we start to diversify away from reliance on Google although Google will still be the key going forward even if Apple do come knocking on the door.

With regards to being vulnerable to an opportunistic bid I'm with you and have stated before that the II's & management( but more the II's as they hold the cards) wont let this go cheap especially that the average placing is approx GBP1.00 with a placing above the GBP 2.00 and there cash has been sat with Bango for many years so they would want a good return.

However, I do think there is still a way to go until a TO is on the cards but who do you have in mind when you say the big players ?

PS

SP ticking up nicely again today with not a lot of shares available especially as Mr Sneller has been hoovering them up but I still think the MM's are in control and will continue to play games

[j777j] 18/8/2016 08:15

After many years,it is becoming apparent the business model is very close to being proved.My concern is the vulnerability to an opportunistic bid by a much larger player.It is interesting to see new institutional shareholders coming on board.I can't see the management accepting anything below 200p.Gla

[lentjes] 16/8/2016 21:03

Now japan, the big Apple is moving fast

[lentjes] 16/8/2016 07:44

Nothing to say this is with BANGO but the fact that Apple are now rolling out DCB to further carriers is good news as I'm sue at some time BANGO will be involved

hxxp://mashable.com/2016/08/15/taiwan-apple-carrier-billing/#Kc7APwODaaq3

Apple is quietly adding more modes of payment for iTunes, to cater to users who don't have or don't want to add a credit card to their accounts.

On Tuesday, it started allowing users in Taiwan and Switzerland to pay for their apps, books and music through their phone carrier. (In Taiwan, that excludes books because Apple doesn't sell its eBooks there.)

So far, only Far EasTone users in Taiwan will get the option. Apple hasn't announced which telco it's tied up with in Switzerland, but it's likely to be Swisscom, which has previously launched carrier billing with Apple competitors Google and Windows.

[lentjes] 15/8/2016 13:27

Q&A: Bango and Danal partnership

Posted on August 15, 2016 by Sukey Miller


Danal_Bango MOU Ceremony InvestorOn 12 August, Bango announced that it had signed a memorandum of understanding with Korean mobile commerce company Danal, aimed at strengthening its global payments footprint and for mutual technical and business benefit.

To provide extra information on this announcement, below are answers to the key questions asked by investors in response to this announcement.

Q: What impact will this have on End User Spend (EUS)?
A: The reason for the partnership is to significantly grow EUS across the Bango Payment Platform and to improve EUS for Bango store partners. At this early stage Bango is not sharing any specific EUS expectations.

Q: When can we expect to see any impact on EUS from this partnership?
A: Additional EUS generated directly from this partnership is likely to appear in 2017.

Q: How big is Danal’s payment business?
A: Danal provides full investor information on its website – hxxps://www.danal.co.kr. In 2015 its Direct Carrier Billing (DCB) business EUS was reported to be well in excess of $1Bn – excluding the USA based BilltoMobile business which Bango now operates.

Q: What are the key benefits of such a partnership?
A: Danal payment methods integrated into the Bango Payment Platform will enable Bango’s global partners to increase their payment reach and make more sales. Danal merchant partners will gain access to the payment providers integrated into the Bango Payment Platform.

Q: Which Danal merchants will Bango integrate/activate?
A: Danal has a wide range of merchants using its payment platform, see Danal’s major customer list here. Any of these will be technically able to use the Bango Payment Platform. The DCB routes that they can activate will be dependent on their commercial agreement with each mobile operator – as with an app store. The payment routes integrated with Danal will be made available to Bango customers and displayed in Bango Grid as they become available, just like Mobile Network Operator (MNO) payment routes. Bango store partners will see the commercial terms for activation when they use Bango Grid and can then request activation.

Q: What is the DCB opportunity for Bango in China given that Google Play is not active there?
A: Bango does not currently plan to establish a direct presence in China. Bango will be supporting Danal in activating Chinese merchants through the Bango Payment Platform, and Bango will be supporting its major global customers with their plans to enter China, including their use of Danal billing routes. Danal has an extensive payment infrastructure in China, for example in support of its products which enable Chinese citizens to spend money outside China.

Q: The release says, “Danal payment methods will be integrated into the Bango Payment Platform” – what payment methods are included?
A: Potentially any payment route will be supported, but the initial focus will be on mass market payment options that are attractive to Bango customers.

Q: What is the commercial model for this partnership?
A: Danal and Bango typically charge a small fee for collecting payments through their respective platforms. Both companies therefore benefit by generating additional spending through their platforms through this collaboration.

Q: Are there any unusual opportunities available through the Danal partnership?
A: Danal has significant involvement in physical goods sales through DCB, and in biometric authentication – both of these areas are of interest to Bango and Bango customers. Danal also has an innovative sharing platform called SSOCIO, which will require ubiquitous payment capabilities as it rolls out worldwide.

[lentjes] 15/8/2016 09:45

Mr Richard Sneller has increased his holding to 3m, lets see if we get an RNS as to who is selling, maybe Schroders again which would put them below the 3%

[lentjes] 13/8/2016 11:18

Latest share holders as at 10th August 2016, I think having Cavendish on board is a good sign as they normally only go long and Sneller is no dim wit.

Also if you look on the FT site it shows Credit Suisse AG (1.49M), Majedie Asset Management Ltd (1.27m) & Killik & Co. LLP (1m) have a total of 3.76m (all less then 3%) between them but I'm not sure if the site is up to date. In any case the number of shares available to PI's gets less and less by the day

Schroders have dumped a further 400k
Hargreaves increased by 223k
New share holder Cavendish Asset Management 2,126m
New Share Holder Mr Richard Sneller 2m

LIONTRUST ASSET MANAGEMENT: 11,107,924 (17.07%)
HERALD INVESTMENT MANAGEMENT: 9,281,267 (14.26%)
ODEY ASSET MANAGEMENT LLP: 7,088,000 (10.89%)
MR RAYMOND ANDERSON: 6,628,949 (10.19%)
MR ANIL MALHOTRA: 3,986,815 (6.13%)
INFLECTION POINT INVESTMENTS LLP: 3,135,139 (4.82%)
HARGREAVE HALE: 2,723,000 (4.18%)
SCHRODERS INVESTMENT MANAGEMENT: 2,474,725 (3.80%)
WELLINGTON MANAGEMENT CO: 2,133,157 (3.28%)
CAVENDISH ASSET MANAGEMENT: 2,126,033 (3.27%)
MR RICHARD SNELLER: 2,000,000 (3.07%)

Other Directors: Number of shares (% of issued share capital)
MR MARTIN RIGBY: 14,067 (0.02%)
MR GERRY TUCKER: 17,045 (0.03%)
MISS RACHEL ELIAS-JONES: 4,100 (0.01%)

[j777j] 12/8/2016 15:39

Pokemon Go already had 11million paying users in the US and UK.Sales exceeded $250 million in first month.