Bango Share Discussion Threads

[adtraderuae] 23/4/2024 13:36

Next leg up soon in my opinion. Hopefully sellers are done and now shares in firmer hands. Market expectations should be beaten, but only confirmed in next trading update, so only catalysts before then is additional new contracts or continued demand for illiquid Bango shares.

[amt] 23/4/2024 13:33

Selling depends on size of deal, large dummy trades only 1.20

[adtraderuae] 23/4/2024 13:22

I've just added shares today

[parob] 23/4/2024 11:23

I really feel we are very close to starting the next leg up. In fact I'm tempted to average up and have a final top up before it starts moving.

[smithie6] 23/4/2024 11:16

124.95p to sell, in reality, if one does a dummy sell.

[amt] 23/4/2024 10:51

There are some large American investment companies building portfolios. Look at Gresham technology. I hope they don't get a bid because the upside is so enormous.

[parob] 23/4/2024 10:42

Currently 127.75p to buy small amounts. So close to ticking up a few pence. Volume has dropped off completely for now. Apart from Boku, who else could be interested in buying Bango out whilst the MCap is low?

[amt] 23/4/2024 08:08

The difference between buy and sell is over 5%. Its also easier to sell in large quantities than buy. I am no expert on the way the market works but would be interested if anyone has any ideas. It looks like a lack of transactions but with a bias to the upside.

[amt] 23/4/2024 07:30

Absolutely. It's an absolute bargain in my view because it's now got a big safety net in case DVM goes wrong but judging by how the top telecoms companies in US are embracing it that looks unlikely.
Another point about the payments business is that it's very sticky. Once established it can't be changed easily to another provider. Certainly the margins are very small, about .4 of one percent so nobody would switch to save money. We have witnessed that with all the problems transferring the Docomo business which are now thankfully 90% resolved. That was initiated by Docomo because it was loss making. There may be future opportunities to grow the payments business once they have firmly established DVM in 2 or 3 years. There are still many telecom companies running their own payments business and its better for them to outsource. I see Boku as a beneficiary.

[lentjes] 23/4/2024 07:13

So with little / minimal investment planned for the payments business yet still expecting growth they just need to get the DVM business to break even and you have a 300m$ plus company as a minimum

[amt] 23/4/2024 06:55

I very much doubt if they will offload the payments business. Its a cash cow and growing with little investment required in the future. It gives them access to many telecoms companies and customers. They need the telecom companies in order to grow the DVM business. There may be other opportunities in the future. DVM came to the fore in the last couple of years from nowhere. Who knows what the future holds.
I doubt they would get the true value by selling it off. If it generates say 30m in cash per annum after costs then to Bango its worth at least 300m usd. I doubt they would get that much. Although Boku is valued at about 650m for a similar size payments business. The difference is that Boku are committed to growing the payments business and mobile wallets etc and doing very well. I do believe that Bango see DVM as such a huge opportunity they are throwing everything into it.
They have split the reporting so we can see the exponential growth in DVM.
So we could probably say that the payments business is conservatively worth 300m but difficult to value DVM until we see the growth trend established but potentially much higher than the payments business.

[lentjes] 23/4/2024 03:03

Bango announced in the results that they will now report revenue from the payments and DVM businesses separately, just thinking is this the first step to enable Bango to off load the payments business once the DVM business is proven and has moved into stand alone profit, they could probably get the market cap and maybe more just for the payments business

[parob] 22/4/2024 14:43

Yes a very healthy period of consolidation around this level which then forms a solid base for the next leg up. Still looking for that close of 127p or above before that leg commences.

[vespasianthesubguest] 22/4/2024 12:15

looks like it's consolidating to the upside.

[lentjes] 21/4/2024 10:27

With the recent BoD share purchass indicating confidence it also signals nothing brewing in the background good or bad so just thinking what will be the catalyst for the re rate or will this be a slow recovery on the run up to the H1 TU in July

[amt] 19/4/2024 08:51

Perhaps but no reason to really. Not really any connection to their business but sentiment can impact everything.

[vespasianthesubguest] 19/4/2024 08:40

Hmm, will the ongoing conflict affect Bango's shares I wonder?

[parob] 18/4/2024 11:18

Buying has continued today.Looking for 127p+ close then the next leg will commence imo.

[amt] 18/4/2024 07:40

Yesterday afternoon it looked strong.

[parob] 18/4/2024 07:37

Seems to be some resistance around the 127p area. A close above this level and the next leg up will commence imo.

[amt] 17/4/2024 14:13

Perhaps a strong finish today ?

[parob] 17/4/2024 07:42

Yep so about £100K's worth bought by directors in the last 3 months. They obviously see a bright future.

[lentjes] 16/4/2024 19:50

Let’s not forget Raymondo chucked 30k plus in just after the TU in January

[parob] 16/4/2024 19:26

That's about £70K spent by Directors on stock since the final results. Good to see.

[tsmith2] 16/4/2024 16:09

decent buy