Bango Share Discussion Threads

[simonsaid1] 04/4/2017 10:40

Lentjes, thanks for spotting this, I've credited you on LSE for this observation. I added:

So they needed to sell a smidge to use up their capital gains tax allowance (the 'Annual Exempt Amount') before the end of the tax year, and wisely chose to do at on a nice high point.

The fact that they're maximising their CGT allowance for next year is an extremely good sign that they're expecting significant growth for the year ahead. This is a fascinating case study of when a director sell is actually a buying signal.

[hamidahamida] 03/4/2017 22:16

Profit taking SIMPLE

[lentjes] 03/4/2017 18:31

Also with directors selling we shouldn't be expecting any bad news

It will be interesting how the share price holds up over the next 2 days

[lentjes] 03/4/2017 17:03

Anil & Raymondo both cashed in some shares to take advantage of their capital gains tax allowance.

I see nothing wrong with that and makes good finacial sense although last year when Anil did the same the share price got trashed shortly after.

Let's hope we don't get a repeat

[rubberbullets] 03/4/2017 14:50

Dont trust this fall. Something nasty going on here

[rubberbullets] 03/4/2017 14:49

100p coming

[rubberbullets] 03/4/2017 14:49

Profit warning?

[philoosh] 03/4/2017 14:40

It's gonna take some to turn this though surely. Its lost almost 20p in less than a day.

[philoosh] 03/4/2017 14:16

So whats the deal with drop today?

[lentjes] 01/4/2017 17:03

Amt

I think your exaggerating the figures

Our overheads will never get to 10m

Lol

[muffster] 01/4/2017 08:57

Breakeven and entering into profit looks likely based on the growth numbers. Exciting times here

[amt] 31/3/2017 18:21

Yes to put it into perspective it needs to get to 3 quid to break its previous high. With 2 billion of Eus at a margin of 1.5% thats 30m less overheads of say 10m by then. If it grows at that pace then pe of 50 on the cards then 1 billion market cap in say 5 years time. Very possible in my view if all goes to plan

[lentjes] 30/3/2017 17:57

Just thinking will we get a Q1 EUS update next week or will we need to wait until the H1 update in July ?

[simonsaid1] 30/3/2017 11:47

Well if the share price keeps up this momentum, a buyout becomes less and less attractive. I'm sure Bango are conscious of the need to keep the good news flowing to keep the stock price up and ward off buyouts. The danger is a copycat product from an existing major player, but that's always been a risk and Bango have simply outflanked them by being agile, easy to integrate and low cost.

I don't ramp my shares as hype growth never lasts and I'm an investor, not a trader. But as long as the share price keeps ticking up, buyout becomes unlikely, or will happen at such a high price that we'll all be happy (though I'd likely sell, as I've invested in the current management style as much as the product).

[lentjes] 30/3/2017 11:32

simonsaid1

My thoughts exactly, I think Bango now have their mucky fingers in so many payment pies the industry is waking up to the fact that it is not just about DCB EUS its more about the power of the Bango API platform and how user friendly it is for integration with all payment systems with little or no human interface.

Plug and play as Raymondo keeps saying and boy are we starting to play or should I say dance to the Bango beat

In relation to a buy out I agree Raymondo said in an interview last year that he wants to keep control but as we all know never say never if the price is right

The questing being what is the right price ???

[simonsaid1] 30/3/2017 11:00

Anyone with doubt only need watch the presentation they made a while back and a few recent results RNSs. Very difficult to make a counter argument I think, some companies just hit on a good idea that the market needs. I don't think a buyout is likely either, they seem to want to be the next PayPal/Worldpay. Some of their presentations alluded to payment models outside of DCB, this isn't a one trick pony.

[philoosh] 30/3/2017 10:24

Then I wish for good news and a rising share price with gusto..

[j777j] 30/3/2017 10:18

Agree and will sell some when it reaches £10 a share in a few years.

[simonsaid1] 30/3/2017 10:08

This is early days for this company, they're architected for growth and being very strategically managed. I plan to hold this for a very long time.