Bango Share Discussion Threads

[chimers] 06/10/2017 08:51

This is a full and accurate transcript of the IC Bango podcast.
Take note that its because of the very strong chance a predator might strike NOW!!
that you cant afford to risk trading this one you have to be IN and stay IN or risk losing out on mega profits.

ST.
"Bango is 'really' interesting ,I had the Board all on the telephone earlier this week.
I gave them a grilling on it and its a very hot stock at the moment.
They provide state of the art mobile payments platforms that allows smartphone users to charge purchases in App stores to their mobile phone accounts.

They have been winning 'LOTS AND LOTS' of business and the end user spend processed through this platform started the year at £195 million pounds by June it was up to £300 million pounds and by the end of August it was up to £400 million pounds, and this is even before you include the new Amazon deal with Japan ,which will allow 123 million customers of the 2 largest mobile carriers in Japan to make purchases on Amazon Japans web site and actually bill them to their telephone accounts.And to give you some idea of the size of that market the turnover of Amazon Japan last year was 1 trillion Yen which is 10 Billion Dollars so its about £7.8 Billion sterling and only 52 % of users in Japan actually pay by credit card, it has a very low credit card penetration whereas mobile phone usage is very high so that deal has basically opened up not just Amazon but other retail users to the potential of this payment platform.

And during my call with Ray Anderson who's the Chief Executive of Bango he revealed , which wasn't revealed in the release that they have been contacted by lots of international retailers who want to get into the Japanese retail market.
But until this point they haven't been able too but as a result of seeing what Bango has been doing with Amazon in Japan it has created a huge amount of interest, and the other thing that he revealed which is very very interesting is that the company poached 2 middle eastern mobile operators who migrated their Google play routes over to Bangos mobile platform, and in their first half they both immediately saw a 35% increase in their end user spend.

Basically Bango has this software product which enables more cost effective and targeted marketing programes for clients content and client services and it was this Bango boost that actually led to these increases , and during my conversation with Mr Anderson he said that he has identified and I quote " other sources of migration that can bring in Billions of dollars of end user spend."
Their end user spend at the moment is £400 million pounds at the end of August , that's 42% ahead of the house brokers forecast.

"Interjection by IC podcast presenter".......' Mobile payments is something that I dont think anyone has really cracked and it does look like Bango has found that magic ingredient however the turnover just now is quite small , what will be the inflection point that turns this into a 'mega' company?'

Their going to hit and this is another quote "we are going to hit profitability within weeks."
So their operating costs are pretty stable at £5.4million pounds per year , they get 1.5 to 1.8% of the total transaction value as their fee for processing the transactions so with operating costs stable and the end user spend doubling each year , year on year for the last 3 years its now over £400 million pounds then as soon as it moves into profits then your going to see a very sharp rise in profitability thereafter.

"Interjection by IC podcast presenter"......'So there is massive operational gearing then ?'

I have never seen anything like it to be honest, and I have covered hundreds and hundreds of companies over the years but this one really excites me given 'A' the market that its addressing plus the operational gearing of the business and my model ,these aren't analysts models but my model suggests that if they continue doing what they are doing then by 2020 they could be processing upwards of 2 billion dollars of transactions ,turning that into sterling their gross profits could be £20 million pounds and if you deduct operating costs your looking at net profits of around £10 million pounds for a company thats got a market value of about £170 million pounds today ,I would put a target price of £3 pounds but that is based on very conservative assumptions on the Amazon deal and also very conservative assumptions for their ability to pick up other Google play routes .
I think the risk here is massively to the upside .

"Interjection by IC podcast presenter"......'Its one that feels it could get taken out then especially if you think about the transactions that have taken place in the fintech market Worldpay being an obvious example , you know this has the feel of something that somebody might want ?'

Totally totally, AND, now because we are at that point where its actually profitable and it has cash in the bank as well
and people are getting excited of the potential market out there,and we are not even talking about the potential in India which is another country with very low credit card usage, but mobile telephones are really taking off.You know this is something across Asia that could be huge, they have offices in the Asia Pacific Rim and they are targeting Singapore and Taiwan being 2 that they discussed when I was on the phone chatting with the board.You know given what they have already done and the point they are at then yeah this could be an interesting target for a predator.

[mobtheplod] 06/10/2017 08:44

Chimers, I would like to thank you for drawing my attention to the BBC prog, just watched and learnt some very interesting facts, glad I am in for the long haul gla.

[smallcapinvestor1] 06/10/2017 08:37

Chimers you are wasting so much of your own and our time with these dull posts and clogging up what was always a sensible useful board before. Virtually every one in here holds the stock and knows more about it than you. Your ramping has no impact on any of us or the price of the shares. We mostly are all already big fans of bango with or without you here. Can you please go away.

[chimers] 06/10/2017 08:00

Bango only has 65.5 million shares in issue.

Only 16 million of them are free floating the rest are held by instis and directors.


Of that 16 million there will be some large holders who hold just under 3% so dont have to declare an interest.
Some prefer to be under the radar.

Thus its reasonable to conclude that with a company like Bango about 8m of them will also be held by instis or net worth individuals.

This leaves an amount of around 8 million shares for "us"
But I also expect most of them to be held firm.

The true amount of shares in free float will be around 2 million shares in my opinion.
Thats why its so volatile.
And................you aint seen nothing yet.

[chimers] 06/10/2017 07:52

Take the recent AMAZON deal for example

Bango secured a tie up with AMAZON JAPAN to use their mobile payments system.
This means 123 million users in will now use Bangos payment platform.

Amazon Japan turns 1 TRILLION Yen per year which is equal to £7.8 Billion pounds Sterling.
Just about 50% of all Japanese pay using mobile phones and NOT credit cards.

Amazon Japan does about 1 third of its £7.8 Billion turnover per year during the Christmas shopping season.
Guess what guys................its the Christmas shopping season NOW.
And past figures for Bango dont include any of the AMAZON numbers ...........yet.


BANGO IS A MULTI BILLION POUND COMPANY.

If it was not bought out (it will be) it would become one of the FTSE's LARGEST companies and soon.

But it will be bought out before that happens.

[chimers] 06/10/2017 07:44

I know a few of you already "get it"
But most people dont realise the enormity of what BANGO is until they watch this..............'Billion Dollar Deals and How They Changed Your World'

Its going to become a multi Billion pound company.
It already transacts Billions of pounds.

It will get taken over and for a vast sum.
There is no ifs or buts.

And for those who dont get what Bango does then think of it like this.
There was a film once where a guy working in the payroll dept of a vast organisation like a government had the job of processing the payroll cheques.
He noticed that nearly all of them had an amount of a quarter of a cent or a tenth of a cent etc which was rounded down before the cheque was printed.
So he decided to siphon off all the tiny fractions of a cent from every single pay cheque into a secret account he set up.His thinking being that nobody would notice such a small amount and that he would make a few extra quid each year.
But..........he did get noticed as he became a BILLIONAIRE in a very short space of time.

Well Bango gets more than a fraction of a cent.
Bango earns between 1.4 and 1.7% of every single transaction done using its system.

[muffster] 05/10/2017 22:33

And bango supports mastercard paypass wallet service.

[muffster] 05/10/2017 22:30

It does lent, one click payments from Bango to PayPal account. That partnership been in place since 2006.

[lentjes] 05/10/2017 19:22

I think you will find Bango & PayPal are already partners and working together.

Therefore the announcement of the MasterCard & PayPal agreement extension may also benefit Bango

[nimbo1] 05/10/2017 17:00

Read this news with interest today. I am also a PayPal holder - Good news is Bango aren't competing as they are DCB but strikes me they should be a bolt on to PayPal really....


Mastercard and PayPal Expand Digital Partnership Globally

05/10/2017 8:00am
Business Wire

PayPal Holdings, Inc. (NASDAQ:PYPL)
Intraday Stock Chart
Today : Thursday 5 October 2017

Click Here for more PayPal Holdings, Inc. Charts.
The global agreement expands the partnership to now include Canada, Europe, Latin America and the Caribbean and the Middle East and Africa

Mastercard (NYSE:MA) and PayPal (NASDAQ:PYPL) today announced a significant expansion of their longstanding partnership into Canada, Europe, Latin America and the Caribbean and the Middle East and Africa to enhance customer choice, optimize the consumer experience and make Mastercard a clear payment option within PayPal across the globe. With the addition of these markets – and following the recent expansion of their partnership into the U.S. and Asia Pacific – Mastercard and PayPal have now reached a global agreement.

Similar to previous agreements, the global expansion will create a number of joint growth opportunities that will advance Mastercard and PayPal’s shared vision to offer consumers greater choice and flexibility to manage and move their money:

Mastercard will be presented as a clear and equal payment option within the PayPal Wallet, making Mastercard and their issuers easily identifiable to the consumer when transacting. Consumers will also see a familiar digital representation of their Mastercard from their chosen issuer. Additionally, consumers will be able to choose Mastercard as their default payment method to allow for quick and easy check-out.
Mastercard and PayPal will work together to leverage new Mastercard payment flow technologies, providing increased value to Mastercard cardholders, financial institutions, and PayPal customers. Through collaborations with Mastercard bank partners, consumers will be able to seamlessly add Mastercard cards into PayPal from banking apps.
PayPal will have the opportunity to expand its presence at the point of sale by utilizing tokenization services from Mastercard, allowing consumers to use their tokenized Mastercard in their PayPal Wallet to make in-store purchases at more than 6.5 million contactless-enabled locations across the globe. Consumers will also have the ability to quickly cash out funds held in their PayPal accounts to a Mastercard debit card.
Masterpass will be presented as a payment option for merchants that process payments via Braintree in Europe, Latin America and the Caribbean and the Middle East and Africa – in addition to the U.S. and Asia Pacific. These merchants will see the benefits of more choice and will be able to easily integrate Masterpass into their checkout experiences to provide a seamless user experience for consumers.
“Today’s news is the latest in a line of great partnership developments with Mastercard,” said Gary Marino, Chief Commercial Officer at PayPal. “Together we expect to accelerate digital payment adoption across the world, improve the payment experience online, in-app and in store, and empower millions of consumers to seamlessly manage and move their money.”

“People everywhere know and trust the familiar Mastercard brand, whether they’re paying in the physical or digital world,” said Ann Cairns, President International, Mastercard. “Our expanded partnership with PayPal affirms our commitment to our billions of cardholders across the globe to deliver the simple, speedy and secure payment experience they’ve come to expect from Mastercard, across devices and channels.”

About Mastercard

Mastercard (NYSE:MA), www.mastercard.com, is a technology company in the global payments industry. We operate the world’s fastest payments processing network, connecting consumers, financial institutions, merchants, governments and businesses in more than 210 countries and territories. Mastercard products and solutions make everyday commerce activities – such as shopping, traveling, running a business and managing finances – easier, more secure and more efficient for everyone. Follow us on Twitter @MastercardNews, join the discussion on the Beyond the Transaction Blog and subscribe for the latest news on the Engagement Bureau.

About PayPal

Fueled by a fundamental belief that having access to financial services creates opportunity, PayPal (NASDAQ:PYPL) is committed to democratizing financial services and empowering people and businesses to join and thrive in the global economy. Our open digital payments platform gives PayPal’s 210 million active account holders the confidence to connect and transact in new and powerful ways, whether they are online, on a mobile device, in an app, or in person. Through a combination of technological innovation and strategic partnerships, PayPal creates better ways to manage and move money, and offers choice and flexibility when sending payments, paying or getting paid. Available in more than 200 markets around the world, the PayPal platform, including Braintree, Venmo and Xoom, enables consumers and merchants to receive money in more than 100 currencies, withdraw funds in 56 currencies and hold balances in their PayPal accounts in 25 currencies.

[chimers] 05/10/2017 11:29

Less than 8 mill shares in free float and probably much less.

[simonsaid1] 05/10/2017 11:24

Lol bookbroker - it's down 0.4% after a bull run. You're nutso.

Volatility is normal for Bango, check the charts - low liquidity so it's always volatile. Around 75% of shares are BoD and II's, and the publicly held ones are infrequently traded.

The overall direction of travel is what to look at (if you have a tech chart, use SMA), and that's most definitely up.

[bookbroker] 05/10/2017 11:19

Keeps falling, something smells here!

[nimbo1] 05/10/2017 10:44

well i just snapped up another 5000 shares, expecting big things here over next 24 months

[chimers] 05/10/2017 10:42

lol..............Billion Dollar Deals and How They Changed Your World

[simonsaid1] 05/10/2017 10:35

Chimers, can you remember what the documentary was called?

[woodcutter] 05/10/2017 10:18

taken a small position lets see how it runs

woody

[chimers] 05/10/2017 10:09

Watch the BBC2 docu that I advised watching last night and you will see exactly where Bango are headed.
It is a documentary about BANGO more or less.

[scooper72] 05/10/2017 09:01

Thanks small cap.