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| Share Name | Share Symbol | Market | Stock Type |
|---|---|---|---|
| Bango Plc | BGO | London | Ordinary Share |
| Price Change | Price Change % | Share Price | Last Trade
|
|
|---|---|---|---|---|
| 0.50 | 0.40% | 124.50 | 14:19:03 |
| Open Price | Low Price | High Price | Close Price | Previous Close |
|---|---|---|---|---|
| 125.50 | 123.50 | 126.00 | 124.50 | 124.00 |
| Industry Sector |
|---|
| SOFTWARE & COMPUTER SERVICES |
| Top Posts |
|---|
Posted at 11/4/2024 12:06 by parob Not a huge amount but better than nothing:Cambridge, UK, 11 April 2024 - Bango (AIM: BGO), has been notified that on 11 April 2024, Paul Larbey, CEO of Bango, purchased 16,472 Ordinary Shares at a price of 121.499 pence per share. |
Posted at 25/3/2024 07:29 by lentjes I had a modest top up the other week at SP104 using spare cash in my ISA, I still have some ISA capacity to use and bonus coming end of the week so BGO looking a good home |
Posted at 24/3/2024 07:51 by malcolm caton My holding in FNX is up 69% ,my holding in BGO is down 18% .I know which I prefer! |
Posted at 13/3/2024 12:02 by parob Bango Digital Vending Machine® launched by Third Tier 1 US Telco Cambridge, UK, 13 March 2024 - Bango (AIM: BGO), announces that following the signing of a long term Digital Vending Machine® contract in FY23 by a top 5 US operator, the service has now launched. This launch triggers the start of the associated license revenue which adds a minimum of $2M additional Annualized Recurring Revenue (ARR). |
Posted at 13/3/2024 08:31 by lentjes Yes amit BOKU appear to be doing well, so are Fonix who operate in the same space, yesterday they announced a divi, from a far it’s looking like something has tragically gone a miss with Bango and they are quickly falling behind their competitors, it’s not helping that the BoD are not communicating what’s happeningWe are now halfway through March and no date set for the results so starting to think they may miss the March release which would add further concerns |
Posted at 10/3/2024 09:41 by kaos3 A Q.For how long can present tech solution offered by BGO last at least? How many years? Before all is replaced.... by some different system. Great input on the past and the present on here. But I miss discussion on the tech dangers. Which probably exist and i do not understand. What i am afraid is all becoming obsolete in a rapid way. Like f.e. having just one digital currency account and all payments deducted automatically under the contract by the bank etc It was done so in my country for decades. TIA |
Posted at 07/3/2024 15:44 by a1canary I think a Boku takeout is highly likely if BGO can't sort this mess out and restore value very quickly. Would it make as much sense strategically as it appears on the surface? I'm not close enough to either to make a proper judgement on that but some of you guys are? |
Posted at 26/2/2024 10:07 by kaos3 I am looking at bgo for the last few years. Never bought. After the latest results i am daily reading all the informative posts.Thank you all. Ps I might buy in in a few months. Nothing much new on the bgo front in that time period imho. But the markets could be at var influenceing bgo valuation. No rush. Will the possible cbdc and only cb accounts (not at the commercial banks any more- as planned) have an effect on payment needs and habits - eg forced contractual payment obligation/withdrawa And similar effects in rapidly changing financial and tech environment? |
Posted at 24/1/2024 10:11 by 6gr amt - thanks, I do understand your summary (I've been involved as advisor or principal in a few M&A deals).I do see the potential value in such a BOKU/BGO deal, but I don't see the Board or major shareholders agreeing to sell at the levels you suggest, which are below recent prices. Also the BoD of the acquired company in such deals often largely get let go, due to duplication, so these sales usually only work at very high (retirement) valuations, or where the Board does not control enough to influence/block the sale. It's entirely possible that the current share price will cause a bidder to come sniffing around, but harder to see one being successful unless the purchaser is willing to spend a lot. |
Posted at 23/1/2024 09:06 by 888icb Investors are wrong to ditch BangoThat is the title of Simon Thompson’s article on BGO in Investors Chronicle . These are the concluding paragraphs of the article: “ Based on revised estimates, Stifel now forecasts 2024 adjusted pre-tax profit and earnings per share (EPS) of $3.6mn and 4.6¢, respectively, or 75 per cent below its forecasts at the time of the interim results (‘Exploit Bango’s glaring valuation anomaly’, 18 September 2023). In addition, analysts now expect the business to be broadly operating at cash flow break-even in 2024 rather than delivering $7mn of cash generation. In my view, the lower than expected level of profitability and the hefty profit downgrade to 2024 forecasts explain why Bango’s share price crashed. It also raises concerns regarding both the upfront and ongoing costs of supporting large telecom customers and the margin to be earned from DVM customers in the longer term. The other important point to note is that there was no mention of the hefty 2024 earnings downgrades in Bango’s trading update. Effectively, the board has reset the bar, but not communicated this to shareholders directly. Clearly, the house broker's massively revised estimates for 2024 are based on discussions with the directors. That said, I see no point bailing out at such a depressed level. The £86mn market capitalisation company is rated on less than seven times downgraded 2024 cash profit estimates to enterprise valuation, a multiple that has scope to expand and drive a share price recovery assuming Bango converts its pipeline of DVM opportunities. Hold.” |
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