Bango Share Discussion Threads

[thomas4billing] 14/11/2017 21:19

Is Bango too expensive or Boku very very cheap as the first one mentions 4Mu revenues in 2017 versus 20 Mu for Boku... Bango is valued 150 Mu versus 125 Mu for Boku, Bango is announcing profitability soon whereas Boku announced already EBITDA positive...."The company (Boku) says it is currently Ebitda positive, with revenues in the last nine months totalling $16.7 million, with Q3 up 44 percent on the same period a year ago." (https://techcrunch.com/2017/11/13/carrier-billing-startup-boku-to-raise-45m-in-london-ipo-november-20/)Let's be optimistic and bet they are still both very cheap but maybe Boku may be much much cheaper than Bango. I should then keep/buy Bango shares but will definetely buy more Boku ones from November 20thIf they murge, will they be named Bogo or Banku ?? ???

[lentjes] 14/11/2017 20:45

So Boku now appear on the interactiveinvestor site including RNS giving detail of the float and list of share holders. Summary as follows

Total shares issued 213,487,177
Expected market cap on 20th November GBP 125.9m
SP 59p
First trading figures not due until June 2018 with final 2018 results due June.2019

Makes Bango look cheap

[chimers] 14/11/2017 19:36

Bango (BGO) announced this morning that it has expanded its direct carrier billing services to Japanese customers of Amazon Prime, along with Prime Student membership programmes.This follows Bango’s original direct carrier billing launch for Amazon customers in Japan in June this year. Any Amazon customer with either an NTT DOCOMO or KDDI mobile phone subscription can now pay for their Prime membership fee via their phone bill. Buy

[milly17] 14/11/2017 19:33

It was rated a buy again yesterday in Investors Chronicle - Today's Market Overview News & Tips by Graeme Davies

[simonsaid1] 14/11/2017 19:25

Quite right Chimers, there is increasing attention around this share for a reason.

With all the new contracts in the last few weeks the common theme seems to be scale. This is about to get even bigger with PSD2 opening up Europe too. Really dizzying to think how big this company could end up.

Looking forward to Simon Thompson's next writeup. It's getting very difficult to value this company when there are so many irons in the fire and seemingly more every few weeks. The true size of the Amazon deal is still yet to be realised too, which as Chimers points out is the place to be for profit in the new economy.

[chimers] 14/11/2017 19:09

Trolls = noise and noise ='s action.

You cant have one without the other.

[chimers] 14/11/2017 19:08

Amazon and Bezos is the one.

[simonsaid1] 14/11/2017 18:53

So much human scum suddenly arriving on this normally productive board. Not sufficient to ignore them when there are real investors who may be misled by their nonsense.

[arcadian] 14/11/2017 18:07

Wonder how BOKU will affect this ? Raised £45MILL TODAY AT 59p a share.

[n3ild] 14/11/2017 13:33

Sorry yes I meant Bango.

[simonsaid1] 14/11/2017 12:54

n3ild I assume you are talking about Bango rather than Infomedia, as I've just checked Glassdoor.

If anyone's wondering he wasn't being sarcastic, the review is indeed excellent. 'Going from strength to strength' is the headline.

Interesting to note the glowingly positive ratings for Bango on Glassdoor. Infomedia does not fare so well.

[smallcapinvestor1] 14/11/2017 12:21

Apologies, infomedia.

[simonsaid1] 14/11/2017 11:56

Yes infomedia is not a huge fish but it's more business for Bango and both will grow as DCB as a whole gathers pace. We know it's already soaring in the developing world and rich parts of Asia, and now with PSD2 in Europe, along with younger Westerners shying away from credit cards, it looks like the long term is with us in the west, too.

[lentjes] 14/11/2017 11:50

Simon

Regarding Infomedia and the Victory partnerships to me this is clear that Bango are saying you can use the Bango Payment platform but you guys need to do the hard work / spade work and deliver all the deals with the smaller merchants. This way Bango continue to keep our overheads down but adds to the bottom line.

As well as giving them access to the Bango Platform Bango will bring the big boys, Amazon, Google, Samsung and MS/ X box to the party also at no addition to our overheads but will get the MNO's on board.

[lentjes] 14/11/2017 11:33

Simon

As we have discussed before, 13th January should be the next Bango trading update so we could / should also get some news on new deals as a result of PSD2 kicking in or at the very least a commentary from Raymondo on what Bango expects as a result.

I must admit in the past January was not my most favoured month as there was not a lot to look forward to but then Bango came along.

[simonsaid1] 14/11/2017 11:30

I have just been researching Infomedia, the company Bango just announced a partnership with. It now seems to me this is a bigger deal than we may have realised.

Infomedia is an existing DCB provider, and actually one of Bango's historic rivals (if rather smaller in scale). Reading Infomedia's own press release about the Bango partnership is enlightening, and shows the market-leading position Bango now enjoys:

'This morning Infomedia is pleased to announce a partnership with Bango to create a global standard for Direct Carrier Billing (DCB). The partnership will allow our international businesses to work side by side to accelerate the growth of DCB worldwide to meet the forecast $142bn contribution to the global digital economy.

Historically the businesses have had a level of competition, but Bango and Infomedia believe strongly that, as the DCB market matures, there is a significant benefit to the industry from consolidation around a single set of technological and commercial standards that provide global coverage from a single connection. The partnership will allow Bango and Infomedia to expand the DCB ecosystem through the introduction of a whole variety of new partners, standardizing all aspects of their experience, including the use of the Bango Platform for the application of payments to carriers and opening-up Infomedia as the standard platform for merchant services.

The partnership gives the market a common technology for DCB that is open to the broadest range of merchants of all sizes, from the major App Stores to publishers, insurance and ticketing, physical goods and IoT. This will enable mobile carriers and brands to deliver products and services to consumers via the world’s most successful mobile payment method. DCB is accessible to any consumer with a mobile device and can deliver 10x conversion compared to other forms of online payments.'

hxxp://infomedia.co.uk/infomedia-and-bango-team-up-to-accelerate-the-global-dcb-market/

[simonsaid1] 14/11/2017 11:05

The key point of PSD2 for Bango is that for the first time in Europe, DCB providers like Bango can process payments for physical goods, not just digital. This opens Bango to the full range of online businesses and services. I strongly suspect Bango has already begun negotiating new contracts with European online retailers of physical goods that will start kicking in after January 13th.

[simonsaid1] 13/11/2017 16:57

I look at it slightly differently Lentjes. I think the large sell order/s to dispose of this much stock from Mr Sneller has been the reason for the decline in the last month on very low volumes. There have been many large rounded sells and these were likely parcels of Sneller's holding. Market makers had too much BGO on-book, and the constant selling as his shares were parcelled off dragged the share down, along with sentiment.

So no, I don't think the share did weather his selling that well, as you'd expect with a highly illiquid share. Any pressure either way brings an exaggerated effect in share price movement. This is why we love this share, though - on good news it flies.

Meanwhile, operationally it just gets better, and I note the magnitude as well as frequency of the deals increasing too. I have never been invested in a company that is making new deals this quickly. That's not just important from a revenue standpoint, but also in terms of wider market trend spotting. As the RNS quote from Victory put it the other day, retailers have 'standardised' on Bango for DCB. That is everything in tech.

[lentjes] 13/11/2017 16:35

So I wonder who bought Mr Richard Snellers 1.6m shares or more if he has since sold further shares.

He bought in at an average of 84p so a cool 2.2m profit

Good news is that it appears he could sell the shares without slamming the share price to hard although it does appear the share price has been manipulated over the last few weeks for the deal to go through.

Need to keep a close eye on things here with that number of shares coming available and in unknown hands