Bango Share Discussion Threads

[simonsaid1] 15/11/2017 08:43

And the deals keep on coming! This is a great one, Nigeria is a huge opportunity for Bango as DCB is so normalised there. So South Korea, Egypt, Infomedia and Nigeria deals all in the last few weeks. Incredible pace of development for Bango.

[j777j] 15/11/2017 08:39

Just keep getting better.Google and another 150,000,000 customer marketplace.On way to global domination

[chimers] 15/11/2017 08:35

BANG!!GO.....

[chimers] 15/11/2017 08:34

15 November 2017



BANGO PLC



("Bango")

Bango Platform enables 9pay wallet for Google Play users in Nigeria


· Bango enables mobile payments in another mobile subscriber growth market

· Payments leader activates 9mobile's 9pay wallet for Google Play user's in Nigeria



Bango (AIM: BGO), the mobile payments company, announces that it has launched operator-billed payments for Google Play users with 9mobile in Nigeria. Through the 9mobile 9pay wallet, customers in Nigeria can pay for the wealth of media, games, apps and digital content in Google Play, with one-click, without the need to own a credit card or bank account.



Nigeria is one of the most mobile-centric countries in the world. The scale is enormous, with around 150 million subscribers, a penetration rate of over 80% (GSMA Intelligence, 2017), and more mobile internet users than any other African country (Business Insider, 2016). 76% of all online traffic in Nigeria is from mobile devices (Africa Business Communities, 2016). Smartphone adoption is growing, particularly Android which accounted for over 60% of the mobile Operating System (OS) market share in Nigeria in 2016 (StatCounter). With the Google Play store pre-installed on all Android devices, millions of Nigerian consumers are now able to participate in the m-commerce experience.



Nigeria is tailor-made for mobile money solutions due to the combination of a highly unbanked, highly mobile-first population. Wallets are typically distributed by mobile operators in Africa and offer consumers a means for making important financial transactions, including sending and receiving money, paying utility bills, school fees, wages, topping up air-time and much more. For many this is their only option, as a result wallets are a highly adopted payment mechanism.



Adia Sowho, Director of Digital Business at 9mobile commented: "We are delighted to have added the ability to place the charge for content and services from Google Play to the 9pay wallet in Nigeria, in partnership with Bango. This launch is a significant addition to the value of 9pay wallet for our customers."





"With high Android device penetration and a low banked population, Africa has become a prime market for transformative mobile payment solutions. Direct Carrier Billing and stored value systems such as 9mobile 9pay wallet provide a safe, simple mechanism for increasing access for millions to digital content and services", Ray Anderson, Bango CEO commented. "Enabling 9mobile to launch their 9pay wallet as a payment option in Google Play is an important milestone for Bango, further increasing our footprint in Africa and enabling millions more consumers to fully participate in the digital revolution."



For further information please contact:

[simonsaid1] 15/11/2017 07:48

Boku are mainly profiting off a single client. Bango has a huge range and announces new deals all the time. Most of all Bango has a growing relationship with Amazon who are the world largest online retailer. That is the ultimate partner for any payment company and we expect further territories to follow shortly.

Hope Simon Thompson covers all this when he returns from annual leave on 22nd Nov.

[simonsaid1] 15/11/2017 07:47

Boku revenue figures are highly suspect and I think may be counting EUS as revenue. Bango stopped doing this several years ago as it was misleading.

[lentjes] 15/11/2017 06:30

Also consider Bango operating costs proven as steady at approx GBP5.3m for several years where as Boku operating cost appear to be over GBP21m and rising.

That's a big mouth to feed

[lentjes] 14/11/2017 21:30

Bango already announced profitable, see last para of RNS 1st November.

[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.