Bango Share Discussion Threads

[oshy92] 19/9/2017 10:00

TV Interview with CFO Rachel Elias-Jones following results:

www.fmp-tv.co.uk/company/bango-plc-investor-video/

[chimers] 19/9/2017 09:59

Shareholder: Number of shares (% of issued share capital)
LIONTRUST ASSET MANAGEMENT: 10,934,442 (16.63%)
HERALD INVESTMENT MANAGEMENT: 9,056,267 (13.77%)
ODEY ASSET MANAGEMENT LLP: 7,088,000 (10.78%)
MR RAYMOND ANDERSON: 6,614,949 (10.06%)
MR ANIL MALHOTRA: 3,976,815 (6.05%)
HARGREAVE HALE: 3,316,450 (5.04%)
INFLECTION POINT INVESTMENTS LLP: 3,095,139 (4.71%)
MR RICHARD SNELLER: 3,025,000 (4.60%)
CAVENDISH ASSET MANAGEMENT: 2,603,840 (3.96%)

[chimers] 19/9/2017 09:59

There are no nominee holdings in BGO all instis or net worthers etc.

No retail nominee holdings accounted for

[egrid1] 19/9/2017 09:56

"We also note that Bango has traditionally reported seasonality in revenues with H1 contributing between 35% & 43% of the annual figures"

That is not really "seasonality", though, it is more a consequence of the very fast growth rate. The second half has benefitted from more organic growth in the first half year, giving rise to a bigger second half figure.

With the growth at current levels, we should see such an outcome again in the second half.

Edit:

Having taken another look at the figures, there does indeed appear to be some seasonality to them. Looking at second half 2016 and 1st half 2017, the growth is fairly small compared to the YOY figures.

[nimbo1] 19/9/2017 09:50

is there a results presentation today?

[simonsaid1] 19/9/2017 09:43

Chimers does that 76% figure include nominee accounts?

[nimbo1] 19/9/2017 09:37

this will get more coverage by ST this week too. V happy to be a holder here for the next few years of growth.

[chimers] 19/9/2017 09:15

Only 16m shares not held by instis and Diretors etc!!

76.62% of all shares in issue held by them.

[simonsaid1] 19/9/2017 09:12

Amazing set of figures, especially the last few months, astonishing growth.

And all this in what is traditionally Bango's weaker half of the year, and with Amazon Japan only appearing in the last couple of months of the figures!

The next half should be the most successful in Bango's history by some margin. It'll contain a full period of Amazon Japan results, more new contracts, more of this breathtaking growth (rate of which continues to accelerate so no reason to stop now) and a crucial move into net profitability and then some. We've always said that when this hits net profitability it'll rocket due to low costs and high growth - looking forward to EBITDA next half enormously.

Finally, note the 'stress test' they mention to 5bn in transactions. Ask yourself why they would be doing this, when previously the capacity was stated at 2bn if I recall correctly.

What a business!

[isaready] 19/9/2017 09:11

Smallcap.

Thanks. Sorry I'm a little confused by the err and eus.
Eus is their revenue?

And you're saying revenue is 7.2m

[chimers] 19/9/2017 09:05

Only 65m shares in issue its as tight as a nuns chuff!!

Its going to £10 plus!!

Everytime you buy online chances are your contributing to my yacht!!

[amt] 19/9/2017 08:49

Not much selling which bodes well for short term share price

[chimers] 19/9/2017 08:43

100% year on year GROWTH ............is the kinda growth I likes.

Doubling in size each and every year for the next 10 yrs is predicted.

This is your ASOS right here lads.

[amt] 19/9/2017 08:42

So could we see 10m revenue next year, perhaps more.

[smallcapinvestor1] 19/9/2017 08:41

Aug exit run rate is 42% ahead of cenkos forecasts. Upgrade made.

[smallcapinvestor1] 19/9/2017 08:39

"Figure" not "five"

[smallcapinvestor1] 19/9/2017 08:38

Isaready you have missed the main point. The £1.65m eus revenue is from the reported half year eus of £92.31mThe annualised eus run rate of over £400m is a five you could use to extrapolate the numbers 12 months forward from that date. So if the year started in aug 16 you could expect revenue of £7.12m by Aug 17.But remember the growth is very rapid and way ahead of forecasts

[lentjes] 19/9/2017 08:37

All great news

Also from the Progressive Equity Research Update

We also note that Bango has traditionally reported seasonality in revenues with H1 contributing between 35% & 43% of the annual figures

[amt] 19/9/2017 08:31

300m to 400m end user growth from June to August shows exponential growth. Originally 300m was targeted for December 2017 so 450 to 500m possible at this rate. 100m growth in 2 months is breathtaking. Absolutely phenominal. Margin expected to be stable at 1.7% ? I had expected that to fall.

[j777j] 19/9/2017 08:18

Very encouraged by financial situation.Cash outflow down to just 100k in last 6 months.That down from £1.5 in second half last year"Cash of GBP5.6m on 30 June 2017 (30 June 2016: GBP7.2m; 31 Dec 2016: GBP5.7m), sufficient to fund the Group through to profitability"

[chimers] 19/9/2017 08:12

100% year on year GROWTH ............is the kinda growth I likes.

Doubling in size each and every year for the next 10 yrs is predicted.

This is your ASOS right here lads.

[chimers] 19/9/2017 08:10

Ray Anderson, Chief Executive Officer at Bango, commented:


"With a unique, powerful technology platform and winning strategy to power the world's leading online stores, Bango continues to gain rapid momentum. The largest internet businesses are expanding their use of the Bango Platform to reach new customers and increase the return on their marketing investments.



Adding to the substantial growth achieved by expanding the reach of Google Play and Microsoft Windows Store, in June 2017 Bango technology enabled Amazon to start using carrier billing to collect payments from consumers buying physical goods in Japan.



New capabilities and unique innovations added to the Bango Platform over the last few years are now starting to be used to open similar opportunities worldwide. Bango continues to invest in the development of its platform to embrace additional routes and markets and attract further innovation on the Bango Platform.



Merchant partners benefit from fast growth in existing billing routes, and new payment routes added through the year. New customers with ambitious growth plans are also coming to the Bango Platform as a result of business development activity - especially in the USA and Japan. Bango therefore remains confident of achieving at least 100% year-on-year growth in End User Spend for the third consecutive year."

[nimrod22] 19/9/2017 08:10

On the way to the IC suggested 300p share price

[chimers] 19/9/2017 08:08

THIS.....................is where its heading!!


Platform capacity: Tested the transaction throughput of the Bango Platform to volumes over £5Bn per year on the existing infrastructure, as well as the ability to handle large spikes in transaction volumes, in readiness for the expected growth in EUS

[chimers] 19/9/2017 08:07

New billing routes: Activated more Direct Carrier Billing (DCB) routes in Indonesia, Italy, Austria, Denmark, UK, Hong Kong, Japan, Verizon in the US, the biggest MNO to launch with Windows Store and more. Migrated two further Google Play billing routes from legacy providers to the Bango Platform in Kuwait and Bahrain