Bango Share Discussion Threads

[davr0s] 24/10/2016 16:42

Another IC tip heads south - they do have a habit of doing this

[amt] 24/10/2016 12:06

Yes if this takes off it could be a multi multi winner and the risk doesnt seem that great so much cash on the balance sheet and little cash burn going forward. Perhaps there is another small acquisition on the way. The share price seems all over the place the last year so doesnt seem a reliable indicator of what is to come

[aleman] 24/10/2016 12:01

Market cap not much above £50m. Doesn't seem a great deal for a leading company in this sector. Granted, they can't all win but a few of them are set to make an awful lot of money and BGO seems to have cemented its position as the dominant player in a large app store niche. On current/recent trends BGO might make about £3m in 2018 and £8m in 2019. Now that the CEO and Cenkos analyst have said breakeven should be 12 months away in Q4 2017, any slowdown in growth that might jeapordise that would need an RNS. No news is now actually good news. People should be buying on no news as each week that passes is a week nearer rapidly growing profits. Arguably that 200p IC price target and Numis 100p one should increase about 1-2% per week until the news on growth changes.

[blueliner] 24/10/2016 10:10

And to think investors were paying up to 110p for this stock at the start of October.

[lentjes] 24/10/2016 07:53

Taken from 2015 Results

Bango systems are regularly tested to verify that they can comfortably process well in excess of $1Bn/GBP650m EUS per year using the current datacenters, hardware and software that deliver the Bango Payment Platform technology and services. During 2h2016 Bango will confirm that the current architecture can reliably, safely and securely process substantially beyond the currently verified levels, with little or no incremental operating cost.

Question

Due to the fall in the GBP is the capacity of the BANGO Payment Platform now US$1.2 billion or down to GBP500m ?

I have never understood the capacity statement as surely a platform is based on the number of transactions v value and if the value of each transaction changes the capacity either decreases or increases therefore they should state how many transaction per minute / hour etc the platform can handle and then state what they anticipate the average transaction to be for the business model.

Hopefully they announce the outcome of the testing this year as stated above

[lentjes] 20/10/2016 21:33

Extract from H1 RNS

The addition of new DCB routes, especially in countries with large populations such as India has increased the reach of DCB through the Bango Payment Platform to more than 1.7 billion users. Integrations are underway which could expand that reach to over 2 billion once activated.

So

Plus 300m additional users underway ?, was this a hint on another India activation ?

Airtel have 250m users and Vodafone have 200m users in India

It is not easy to break into the India market so as Bango are already active this could be a major attraction to the likes of google and the mentioned MNO's

We should know in the next week or so whether this is another Bango activation

[lentjes] 19/10/2016 18:40

SP held up well today despite the apparent selling !! (although nice 32k buy after hours)so looks like the MM's have it where they want it, Still think the share price rise and drop was contrived for what ever reason and not driven by market forces .

Possible good news on the horizon in that it looks like Google are rolling out DCB with Airtel Vodafone in India soon and as Bango has partnerships with both and has the connection / experience in India lets hope this is another one in the Bango bag

hxxp://mashable.com/2016/10/19/google-play-carrier-billing-airtel-vodafone-india/#F1dnx94T3aq5

[lentjes] 18/10/2016 20:19

Well what a roller coaster since the H1 results and it will be interesting to see if this now settles back down around the 90p level, just shows that even with relatively low volumes although high for Bango the share price can be manipulated either way.

After being in Bango for several years you get used to the MM's playing games and I would not be surprised if we get another holding RNS in the next week or so following a mates share swap.

New appointment today appears to be further progress although you wonder why its taken so long to justify appointing a Head of Operations in South America

[smallcapinvestor1] 18/10/2016 14:57

properly dull thread this week. maybe you all too busy selling stock.

[smallcapinvestor1] 18/10/2016 14:24

Bango Makes Key Hire to Lead Latin American Operations Bango (AIM: BGO), the mobile payments company, announces that it has hired Fernando Dias to head-up operations in Latin America. This is the latest move in Bango’s strategy to expand global support for app store partners. Based in Bango’s office in Sao Paulo, Fernando will drive the roll-out of Bango’s globally successful model for activating carrier billing across the region.

A long-term and high-profile executive in mobile technology businesses, Fernando has played a leading role in the development of Value Add Services across Latin America. He was Chief Executive of Pure Bros, one of the pioneers of carrier billing for mobile content in the region, and most recently won new business for Minutrade, a business focused on mobile customer loyalty.

“Bango partners will benefit from Fernando’s vast experience working in this region,” said David Keeling, Chief Operations Officer at Bango. “We know that Latin America is a region where app stores are very keen to reach more customers, Bango is committed to working with operators and other payment providers to meet that need”.

Bango has a successful history in the region, having launched carrier billing for the BlackBerry app store in 2013 in Chile, Colombia and Mexico, and then the Window Phone and Mozilla Firefox content stores across multiple countries. Last year, the first ever launches of Direct Carrier Billing for Google Play in Latin America were completed by Nextel and Iusacell in Mexico, enabled by the Bango Payment Platform.

Latin America as a continent represents a significant opportunity for the major app stores to leverage carrier billing. With his wealth of local knowledge and extensive network of relationships across operators and mobile stores, Fernando will work with Bango partners to open up access to the full app store experience across Latin America.

Commenting on his new role, Fernando said: “I am excited to be joining the winning app store carrier billing provider. Bango is perfectly positioned to fill the huge gap in Latin America that limits full access to app store content by supporting our partners including Google, Amazon, Microsoft and Samsung, to roll out carrier billing across Latin America.”

About Bango

Bango is the standard platform chosen by leading global stores to deliver mobile payments to everyone. As the next billion consumers adopt their first smartphone and look for universal payment methods, Bango will be there to unlock the world of apps, video, music, games and other content that brings those smartphones to life. Global stores plugging into the Bango Payment Platform include Amazon (AMZN), Google (GOOG), Samsung (005930: Korea SE) and Microsoft (MSFT). Bango also partners with leading payment providers around the world to drive new users and revenues through its industry-leading mobile payment solutions. For more information, visit www.bango.com.

[smallcapinvestor1] 18/10/2016 10:05

loose holders getting shaken out - great buying opportunity IMO

[aleman] 18/10/2016 09:53

According to Stratistics MRC, the Global Mobile Money market is estimated at $15.14 billion in 2015 and is expected to reach $140 billion by 2022 growing at a CAGR of 37.39% from 2015 to 2022.

[big_cat] 13/10/2016 12:53

Down 8% and no RNS - what is happening?

[aleman] 11/10/2016 10:00

Cracking chart. Looks like it might be headed to 160p. I'll update this two week old chart later. It's up 17p since I drew it.


free stock charts from uk.advfn.com

[lentjes] 10/10/2016 16:03

Not a lot of Bango stock available today, any RNS with good news would see this take off big time

Come on Raymondo you must have something ready to launch

[aleman] 10/10/2016 11:34

Monetization and revenue generation may also act as a driving force to grow more localized apps with most of the current local apps depending on revenue from ads. Payments for services have remained a bottleneck for local apps. Across most of Nigeria and even Africa, credit and debit card ownership levels remain extremely low, and the usage of these cards is even lower due to cases of fraud. Google Pay usage is also low in Nigeria. The most popular payment gateway is Premium SMS or Direct Carrier Billing via Telcos. In a country, where over 97% of the mobile lines are pre-paid; it’s a preferred option for app developers to have payments deducted from the user’s airtime as the conversion rate is said to be higher.

“The users perceive paying using their airtime as a much better experience than using a payment card. It offers a sort of convenient ‘one click’ purchase model where they are in control of the purchase because they start it up by a tap, swipe or click and they also don’t have to worry about card security fears.

“The only draw back to this is that telcos have been known to take up to 80 per cent of revenues. The remaining revenue is further shared with a licensed Value Added Service Provider since, by regulation, apps aren’t allowed to connect directly in to the billing system of Telcos. So at the end of the day, it requires extremely high volumes to make a service profitable in the already difficult app market. That is the reality we face with the current payment platform. Nigeria and Africa continue to cry for that killer mobile payment solution (an app maybe) that works within our issues – offline, online, banked, under-banked, and unbanked and will allow consumers the freedom to utilize their digital wallets. A few new payment players like flutter wave have sprung up, showing promise.

[lentjes] 07/10/2016 18:09

Another fine day at the office you could say and yes the further fall in the GBP can do not harm and I can not see a recovery on the horizon so further up side.

I'm also starting to think something is brewing with the continued rise of the share price ( although we have seen this before so reserving judgement)and according to the H1 RNS we should be in for a few RNS between now and end H2 so can see sustained upside to share price if they do deliver on the RNS

I suspect / hope on RNS on the following

- increased Bango platform capacity proven
- Amazon roll out
- further MS activations
- news on what the alternative payments are and how Bango are involded
- what is our relationship with PayPal
- development on the MOU with DANAL

I also don't think a relationship with the big apple is dead as in several RNS Bango continue to give them a mention as though they are sending the hint that its not dead but are restricted on what they can say. Maybe wishful thinking but my opinion

[aleman] 07/10/2016 13:37

Looks like the market might be starting to believe payday is actually coming. And something to think about - the fall in the £ could actually bring breakeven forward from Q4 2017 to Q3.

[aleman] 06/10/2016 09:31

Phone companies are taking a slice but margin to Bango and competitors is a little under 2% of end user spemd. Let's call total DCB revenues about $280m. On a possible $2trillion of end user spend this year, I believe Danal DCB revenue this year would therefore be about $40m. (Compare to Bango's $1.5-2m?) We've just signed a cooperation agreement with them to open up their merchants to Bango's platform and te Danal website shows it's up and running! Also, Danal seem to think using the Bango platform will open up new markets in gaming and digital content that their current platfrom was not accessing. (Are they talking about Asian gamblers? Online gambling was a huge driver for some eWallets and so it could be for DCB and mobile gambling.) I suspect Danal business is the main key to huge growth for Bango in 2017 but I could be misinterpreting it. I'd like to see more detail.

[lentjes] 06/10/2016 08:08

Aleman

The scepticism comes from the value of DCB stated today (approx $14 billion)and the forecast $40 billion by 2020.

If today's forecast is correct who is making the money ?

[aleman] 06/10/2016 07:51

Lentjes - $1 trillion will only be about 1% of all payments so I don't see why you are sceptical. It's just an extention of an existing trend due to PayPal, etc. The direct carrier billing element that Bango are attacking, that is growing very rapidly from a small base, and so is harder to predict, haa forecasts at around $40 billion by 2020.

[haozhen] 06/10/2016 06:44

I not heard from frined - they are holidaying sadly.
Most certate now that there is an event on MOnday - I am looking more information. I will share once I got it.

[lentjes] 06/10/2016 06:24

Hi Hao

Not found anything related to the mentioned Bloomberg meeting but any such meeting bringing all the big players together would be good news for the industry and Bango although I'm a little sceptical on the $1 trillion value of the market by 2019

Ps have you heard anything else from your other friend at the Bango office ?

[haozhen] 05/10/2016 14:41

Do anybody know about some BanGO meeting in the Bloomberg london. I have my frend who gets a message from bloomberg allowing 5 investor to the special meeting - about new payment routes - something:

Extraction here: The combined value of alternate payment methods, including the likes of eWallets and carrier billing is set to hit $1 trillion by 2019, according to Worldpay Global Payments. The Bango Alternative Payments Nexus will see leading companies in the space giving insights on the latest strategies, plans and products to crack this market open. In the audience will be senior professionals and experts from the global leaders in digital content and payments, with the likes of Google, Microsoft, Supercell, Netflix, PayPal and more invited.

Any people know about this. ? Can somebody make a report on it ?

Hao