Billing Services Share Discussion Threads

[gark] 21/7/2016 23:26

BSG Wireless partners with Lemon Advisorsby Steve Kensington | Jul 21, 2016 | Press Releases | 0 commentsJuly 20, 2016 (San Antonio, TX, US and Aldermaston, United Kingdom) BSG Wireless, a subsidiary of Billing Services Group Limited ('BSG'), today announced a strategic partnership with Lemon Advisors UK Ltd. ('Lemon'), a leading technology consultancy to assist and strengthen business development activities in emerging markets.Lemon, with offices in the UK and India, have an impressive network of customers across 38 countries. Commenting on the announcement, Richard Scott, CEO of BSG Wireless, said "We are delighted to strengthen our activities in emerging markets, both technically and geographically, and look forward to Lemon adding significant value to not only our own but our prospective customers' businesses.""BSG Wireless is recognised globally as a long-standing leader in the Wi-Fi industry; as we work with customers who have increasingly complex issues, unlicensed technology like Wi-Fi will play a critical role in getting users online" said Subhash Ghosh, Founder and Managing Director of Lemon Advisors UK Ltd.About BSG WirelessBSG Wireless is an innovative Wi-Fi solutions provider, delivering managed services and products to carriers who want to build, manage, charge for and market their wireless services securely and efficiently. We assist some of the world's leading wireless operators in managing their global wireless roaming footprint, location directories, payment gateway and credential issuance systems to ensure a reliable, secure and seamless customer experience. BSG is a leader in the Wi-Fi industry and are a major contributor to the Wireless Broadband Alliance (WBA).BSG Wireless is a subsidiary of Billing Services Group Limited, which is traded on the London Stock Exchange (AIM: BILL). For over 25 years, BSG has been a leading provider of telecommunications clearing and financial settlement products, Wi-Fi data solutions and verification services. For more information on BSG, visit www.bsgclearing.com.For more information, please visit www.bsgwireless.comAbout Lemon AdvisorsLemon Advisors UK Ltd. is a technology consulting company providing international market access, technology and knowledge transfer, and technology advisory services through a network covering 38 countries. The company addresses the telecoms, media, technology, fintech, mHealth, security & surveillance sectors, and has a track record of delivering sales, business partners and added value in new markets for over 120 clients in the last six years. Its senior team has over 50 man-years experience in the global technology, media and telecoms fields, across Asia, Middle East, Europe, USA, Latin America, and North Africa, having also worked in senior roles within organizations such as BPL US West, Global Telesystems Limited, VSNL TATA Communications, Reliance Communications, Rediff.Com, Buongiorno Hong Kong, envIO Networks Inc., Disney UTV, Marconi Instruments, GEC Plessey Semiconductor, National Semiconductor and ARC International, as well as with government organizations such as UK Trade and Investment.

[gark] 16/7/2016 19:53

I hope so, I am very well invested here. Options above 10p gives me hope that management think we should head up towards 20p plus at some point.

[castleford tiger] 16/7/2016 18:05

Gark

The return on 50 k on a cash ISA is just under £500.00 a year.
The return here I estimate in excess of 25% pa.

No brainer.

I am still trying to buy the last 500k in bits or lumps.
Impossible.
relax they will go up.

tiger

[gark] 16/7/2016 14:36

Flush loose holders out. Move to 10-12p please.

[gark] 11/7/2016 15:08

Tried buying some, max is 100 shares but can sell as many as I like.

[gark] 08/7/2016 08:17

Anyone got L2? Price drop this morning indicates someone trying to sell a large bloc in the background as next to nothing going on in this last few days.

[gark] 02/7/2016 13:11

Thanks both. I agree with you and see cash coming back as it did last year and as it stands a flattening of the loss of revenue in the landline business so a rough valuation of around 15p (supported by employee options at 10.35p). If the wireless business grows and can produce $5-10mn EBITDA, I see this trading up to Boingo levels of around 30p or more. I am confident of making money either way but would like to see more definition.

[castleford tiger] 02/7/2016 12:55

Guys

there is surplus cash to come back.
there is no debt now.
MY calculations get the current value to 13/20p

tiger

[m1keg] 02/7/2016 11:26

I'm not sure how to value these shares to tell you the truth. I bought in and opened spread bets based upon a depressed price and waited (and hoped) for a reasonable FTC result which we got. I have closed the spread bets and sold a quarter of my holding at 6.25.

The board seem very shareholder minded, since they have a lot of skin in the game they need to be. I've a feeling that there is an overhang of cash coming back to the company after over provisioning for the legal cases, but thats just an opinion.

I'm happy to hold now until the news indicates how they are fairing.

[gark] 30/6/2016 21:45

Where do you see the valuation as it stands now? I think the landline revenue is stabilising at lower levels and so hope the wireless business starts to add and can be accretive.

[m1keg] 30/6/2016 21:30

We are going to need news that indicates the wireless business can start to stabilize the revenue stream if the company wants a profitable future. Or that they have added a new stream via acquisition if that's possible?

[gark] 30/6/2016 18:11

Thought we were on our way. Looks like we are back closer to the long term average. Here's hoping.

[gark] 28/6/2016 14:46

500k trade explains it. Regent selling again or is that a buy?

[gark] 28/6/2016 11:52

What's going on? No reason for the drop here.

[m1keg] 24/6/2016 12:10

Gark,

Everyshare I own has been marked down on limited trading, its just the MM's way of making money out of the situation. If you invest for value you have to accept the momemtum guys (and their software) are going to do you over a few times along the way.

I've lost 20k today on paper but I'm as happy as larry.

Mike

[gark] 24/6/2016 10:14

Bit bizarre this decline given this is a service company with revenues and assets in USD. Therefore the value of their assets and revenue has just increased 10% in GBP terms. Time to buy more?

[gark] 20/6/2016 22:43

The FTC agreement was post results and resolves the major issue hanging over the company. I think that the Chairman's Statement simply reflects the state of play. Look at where the exercise price is on exec share options at 10.38p. That is where it is heading and they clearly see potential well above that.

[topvest] 20/6/2016 21:07

Very odd this company. The Chairman's Statement appears in the Annual Report nearly 3 months after the results and 6 months after the year end. The wording is, in my view, more bullish than the results RNS. That's probably why the share price has gone up today which is good news for holders but all very sloppy.

It's all very poor practice and a bit incompetent if you ask me. Why doesn't the Chairman write to shareholders in March rather than putting something out that is obviously newer. Anyone else noticed this? They should be told to communicate properly and do the Chairman's Statement with the results which its what 99% of companies do.

[castleford tiger] 19/6/2016 16:30

Mine has been with my broker for a few weeks and only got circa 500k of what I need.

[gark] 19/6/2016 15:15

Tiger, I completely agree. I think there is one large buyer who has placed an order below 6p. Mms trying to drop price in order to fill.

[castleford tiger] 19/6/2016 14:18

there IS NO OVERHANG.

I have been trying to add 2 plus million shares and been struggling to buy.

They are not available.

These shares are missed by the market ( too small ) and wrong sector.

At some point in the next 12 months you will look back at 6p and think IF ONLY!

a 2 MINIMUM UP TO A 5 BAGGER IN 24/36 MONTHS.

Tiger

ps I am a big holder so DYOR

[topvest] 19/6/2016 12:55

If you say so, otherwise its a rather large overhang!

[gark] 19/6/2016 11:23

Cash in bank was $12mn or thereabouts, EBITDA $6-7mn and $4.5mn owed to FTC so cash is about £10mn of their market cap of £15mn. Doesn't look right to me. Regent Capital and Mellon own 25%+ combined so a sale of 100,000 is probably an exercise in testing liquidity.

[topvest] 17/6/2016 19:34

Yes, still a sale. Why bother?

[gark] 16/6/2016 22:05

100,000 out of 8,900,000