Bango Share Discussion Threads

[parob] 22/11/2024 12:46

Need 98p to hold on the chart.

[amt] 21/11/2024 20:07

Well, the US market is very stretched while our market is in desperate straights.
It's possible AIM is finished. So many companies leaving. A combination of Brexit and so much rubbish listed on there.
Take Nexxen for example. They are moving to Nasdaq. The share price is up over 20% since the announcement.

[vespasianthesubguest] 21/11/2024 15:34

Buffet and co are projecting a lost decade in equities, mainly in the US market

[rmillaree] 21/11/2024 14:05

which hopefully will provide for some welcome visibility

i think we could all agree that would be nice (if it happens)

[hastings] 21/11/2024 13:45

I'm still here, couldn't make the last invited call. Should be picking up in the New Year, which hopefully will provide for some welcome visibility

[amt] 21/11/2024 13:03

I wonder what happened to Hastings.
No update for ages

[amt] 20/11/2024 08:02

Not sure costs are higher.
Bango only gets around .5 of one Percent

[lentjes] 20/11/2024 06:07

Interesting article comparing the various payment methods for Shopify in Japan, not sure how up to date the article is as it mentions NTT Docomo for the Carrier Billing option, without knowing the pros and cons of the various payment options carrier billing appears to be a tad more expensive than the other options especially for digital content although as it states carrier billing has the advantage it attracts new customers due to the ease of payment, I presume the 6 .4% & 15% is the telco fee & 0-2% external transaction fee is the Bango take

[amt] 13/11/2024 22:54

Bango Carrier Billing growth was 9% excluding fx impacts.
I am saying I don't know what the inflation rate was for the goods purchased. I think you have plucked a figure out of the air.
Of course Bango aren't going to completely ignore any opportunities in Carrier Billing or withdraw investment.
Comparison with Kodak makes no sense. They were hit by a huge change in technology ie Digital cameras.
No suggestion that carrier billing is going away soon, infact quite the opposite.

[lentjes] 13/11/2024 22:13

amt, any true growth has to exclude inflation otherwise your just treading water so mid digit 5% revenue growth less inflation = 2-3%

are you suggesting that carrier billing items are exempt from inflation, that would be interesting

I’m not comparing Bango with Boku, I’m simply stating that at 5% growth Bango are tracking behind the DCB forecast growth curve so in time alternative payment routes will become the dominant payment route of choice rather than Bango

If Bango sit back and just think that the DCB cash will keep rolling in without any further investment and keeping up with the market trends they should take a lesson from the US car makers and Kodak

[amt] 13/11/2024 21:32

I don't know where you get 2 or 3% from Lentjes ?
Year on year its upper single digits and the comparatives are still influenced by the Covid boom plus exchange rate impacts.
Where do you get your inflation numbers from, not sure what inflation was for the sort of items being bought through carrier billing.
Clearly if Bango are not chasing Carrier billing they are not going to grow at the rate of Boku which is investing heavily in that part of their business.

[amt] 13/11/2024 20:19

Completely disagree Lentjes. It's up to the telecoms companies whether they push their Carrier billing business. Bango just provide the platform. Boku have gone down the route of opening up other payment possibilities in addition to carrier billing.
Just because Bango are not pushing to get new carrier billing routes has nothing to do with their existing routes and relationships with their telecom partners. Maybe they won't win new telecom partners but its highly unlikely existing partners would go to all the expense of changing to another platform.
I think it was you who posted an article about carrier billing expanding a fair rate the other week so I don't think we should be concerned that carrier billing is in terminal decline.

[lentjes] 13/11/2024 17:42

With Bango only anticipating mid digit growth in the payments business and considering this includes inflation then this indicates little or no growth from existing billing routes which may cause existing clients to look elsewhere for better growth opportunities with alternative payment routes.

With minimal growth it would also suggest they are not confident in winning any new significant deals in the payments business which could also indicate they cannot compete against alternative payment routes

If the intention is to concentrate on the DVM using the cash flow from the payment business then they may have only a short window for DVM to hit cash generation before the cash from the payment business goes into rapid decline

Could be a risky play

[amt] 13/11/2024 11:20

I see Boku are expanding their presence in Japan with Amazon, probably of little significance to Bango given the size of the market but maybe a slight negative for Bango payment business

[vespasianthesubguest] 13/11/2024 10:32

no lol. It's dropped from 107 earlier in week. It's not going anywhere until either a) they announce a new DVM contract or existing customer upgrades, or b) the next trading update

[amt] 13/11/2024 09:51

It's looking a bit stronger this morning but will it last ?

[lentjes] 11/11/2024 08:03

Frustrating why Bango cannot update on what progress they are making with the other 2 of the top 5 US telcos they have signed up, if no progress then this could impact ARR

I must admit when Larbey advised on the healthy pipeline I had in mind new DVM distribution deals not just adding merchants to the DVM menu albeit UBER are a big fish to get on board

As you say Bango have in years gone by issued a flurry of announcements running into year end, let’s hope they come and in time for the initial revenue to be recognised

[amt] 11/11/2024 07:25

Good find Lentjes.
Bango have obviously a thriving relationship with Verizon.
From Wiki
Verizon Communications Inc. is an American telecommunications company headquartered in New York City.[3] It is the world's second-largest telecommunications company by revenue and its mobile network is the largest wireless carrier in the United States, with 114.2 million subscribers as of September 30, 2024.[10]

[lentjes] 11/11/2024 01:46

Looks like Bango are powering a number of Verizon offerings not just + play

[amt] 08/11/2024 17:45

Presumably Liontrust.
They can't have more than a few million left

[jasperlachat] 08/11/2024 17:41

They’ll be announcing a suitor soon at this depressed valuation!!

[amt] 08/11/2024 12:01

They tend to announce deals on the website rather than by RNS

They already have the 3 biggest telecoms in US onboard