Bango Share Discussion Threads

[amt] 09/10/2017 08:18

The only near certainty is that credit cards in their existing form will disappear

[lentjes] 09/10/2017 07:12

Amt

In some countries the carriers are already moving into the banking world so as you say what will be the need for credit card companies.

Also the credit card companies need the carriers whilst the carriers don't need the credit card companies

[amt] 09/10/2017 06:51

Does anyone know how credit limits are controlled with carrier billing. If a purchase is made and charged to a carrier then is the carrier responsible to ensure that purchaser has sufficient funds to pay ? I suppose that over time as the tech develops then Bango could help with that aspect. How do carriers make money out of this? Its a fantastic way to operate as seems much more secure than a credit card and less hassle for consumer. I suppose eventually credit and debit cards will disappear and all payments will be made this way. It cuts out a step in the process and theoretically eliminate fraud as someone would have to steal the mobile phone and break in through passwords or bio recognition systems. Is the credit card dying over the longterm? The carriers could make the commission that the credit card companies make.
The credit issue could be eliminated by having money on deposit with the carrier like a mobile wallet.
The only downside I can think of is time it will take to integrate systems. It does mean though that once integrated it is unlikely that a competitor would come in but it does mean there are likely to be several companies doing this simply because of the size of market and time required for each implementation.

[chimers] 09/10/2017 00:27

"They get 1.5 to 1.8% of the total transaction value as their fee for processing the transactions"

[chimers] 09/10/2017 00:26

Every single time you see ANYONE around the world paying for an APP or such like on their phone, the chances are BANGO are earning 1.8% of the transaction.
Clash of Clans......................BANGO
CANDY CRUSH.............BANGO
The APP store...........BANGO
AMAZON JAPAN.........................BANGO
GOOGLE...........................BANGO
MIOCROSOFT............BANGO...........


BANGO
BANGO
BANGO
BANGO
BANGO

Its BANGO............all the way down.(clever folk will get this one :) )...............clue...........turtles.

[chimers] 09/10/2017 00:26

Bango are being conservative with all their forecasts.

Bango stress tested their systems so they could handle £5 billion worth of transactions and they expect it to get tested for real over xmas.
IT WILL.

They will over time increase their systems to handle tens of billions of pounds worth of transactions.

Major companies all over the entire world are hammering on Bangos door to do business.

THIS IS ASOS PART 2.

I AM BEING SERIOUS.


"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."

[chimers] 09/10/2017 00:26

Oh I am perfectly sure .
If I wasnt sure I WOULDNT POST IT!!!

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.

[nimrod22] 07/10/2017 20:16

Back in again with various limit orders with about £70Ks worth, after selling on recent high (8/9/10% gain). Lets hope UK politics doesn't suck the life out of the more vulnerable AIM shares.

[nimbo1] 07/10/2017 10:21

wow nice buys in the 40's, great stuff. my average is 225...better late than never!

[lentjes] 07/10/2017 08:22

Amt

Not like you to top slice

[amt] 07/10/2017 07:46

I am looking forward to Chimers predictions coming true and have already started to look for a yacht, Corfu Villa and Ferrari to buy. Perhaps a private jet.

[lentjes] 07/10/2017 07:43

Bloody hell smallcap 40p, I thought when I chucked my full ISA allowance at Bango in April 2015 and got my average down to 48p I was doing well

[smallcapinvestor1] 07/10/2017 07:17

Chimers you pretend like you the boss but let's be honest you only just heard of bango right. What price you in? Over 200p I bet. 2,000 shares is it?I'm in large from 40p but don't feel the need to ramp like you.

[lentjes] 06/10/2017 22:30

Chimera you do make me chuckle and can only imagine there is a missing persons alert in a remote English village somewhere

[chimers] 06/10/2017 19:16

"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."

[chimers] 06/10/2017 19:14

Bango are being conservative with all their forecasts.

Bango stress tested their systems so they could handle £5 billion worth of transactions and they expect it to get tested for real over xmas.
IT WILL.

They will over time increase their systems to handle tens of billions of pounds worth of transactions.

Major companies all over the entire world are hammering on Bangos door to do business.

THIS IS ASOS PART 2.

I AM BEING SERIOUS.


"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."

[chimers] 06/10/2017 19:04

Every single time you see ANYONE around the world paying for an APP or such like on their phone, the chances are BANGO are earning 1.8% of the transaction.
Clash of Clans......................BANGO
CANDY CRUSH.............BANGO
The APP store...........BANGO
AMAZON JAPAN.........................BANGO
GOOGLE...........................BANGO
MIOCROSOFT............BANGO...........


BANGO
BANGO
BANGO
BANGO
BANGO

Its BANGO............all the way down.(clever folk will get this one :) )...............clue...........turtles.

[chimers] 06/10/2017 18:49

Anything else ?.....................anyone ?

Good , I can get back to my pint.

[chimers] 06/10/2017 18:49

As you can see its basically 1.8% on average.

[chimers] 06/10/2017 18:48

The company in their results and from ST's articles in the IC.

EUS revenue expressed as a % of EUS was 1.79% (1h2016: 1.67%). Bango expects that total EUS revenue expressed as a % of EUS for FY2017 will be in-line with market forecasts going forward.

[scooper72] 06/10/2017 18:26

Chimera where do I get that commission figure from? Just want to be able to check that out. Happy if it's correct but sounds like a lot. Btw the docu was quite good. Thnx for high lighting it. Might buy some PayPal

[chimers] 06/10/2017 17:09

Got that ?.....................gooood.............

[chimers] 06/10/2017 17:08

"1.5 to 1.8%"