Bango Share Discussion Threads

[spawny100] 06/2/2018 08:07

Well there's my 1.75 but it's going much lower now I feel along with the rest of the market today.

[chimers] 06/2/2018 07:47

Its gunna be a bloodbath today go and hide under the bed!!

The brave can watch and cry.

[muffster] 05/2/2018 21:17

You're right Lentjes. I was trying to get an analysis of why they needed 5 million to buy 1.48 million euro company, but no further information given.

[simplesimon1] 05/2/2018 18:22

Raised the 5 million at our expense.

Extra 3.52 million could come in handy for salaries and bonuses.

[muffster] 05/2/2018 17:55

Received response from Bango about the placing. Seems the extra funds are indeed needed to integrate and market the data business.So... Raise 5 million, buy Co.for 1.48 million euros, then used rest of the raise on marketing and integration.Madness to me

[muffster] 05/2/2018 13:30

Fair point Chimers, you're right on this. No reason to raise all that cash and stuff the shareholders on the price

[chimers] 05/2/2018 13:22

Now below the placing price.

Who else would have though that ...............cept me I mean ?

[deuchar] 05/2/2018 13:08

Simonsaid have you any comment to make on recent comments on the BB?
Regards

[chimers] 05/2/2018 12:41

The only "Bellend" here is obvious hurting due to his losses here!!
Losses he could have avoided had he listened to me!!

[spawny100] 05/2/2018 12:35

You bellend Chimers - I called this a short to 175 back when it was around £2.30. remember that?

[egrid1] 05/2/2018 12:33

We all know he is a flip flopper.

He can be quite funny, a bit crude, and totally irrational.

He started this thread as he thought Bango needed more exposure, it was such a good share - 2.5 months ago!

I think he was on borrowed money.

[muffster] 05/2/2018 12:25

Sad thread this. Chimers cannot be reasoned with, just see MXCP thread which he is losing on. Talking up a falling share, talking about investing for the long term. Now here talking down a falling share, saying don't invest for long term, when a few weeks back it was all about big data. Bbc report, buy Bango or as he repeated BANGO.BANGO.CLOWN

[chimers] 05/2/2018 12:06

If the stockmarket closed for 8years would this company still exist ?

NO IS THE CLEAR ANSWER AS IT NEEDS PLACING AFTER PLACING TO SURVIVE.

Thats Warrens or rather Charlies number 1 criteria before investing a cent.

[bookbroker] 05/2/2018 12:02

These are doing well today, back to 50p, fill that gap from 07/16!

[chimers] 05/2/2018 12:02

I can quote you chapter and verse on Warren by the way I wrote the book.

Warren Buffet is not actually Warren Buffet.

Charlie Munger is the "Warren Buffet".
Everyone should have a Charlie Munger "Warren Buffet"

The BEST Buffet quote by a long mile and it is Warren who said so, is this one...
and its NOT a Warren Buffet quote its a Charlie Munger quote.

Warren sits in the front office and I sit in the back.
Warren hands me company results and research and says I like this lets buy and I always say NO.

Warren will ask but why ?
And I will say because.........."I am right and you are clever and sooner or later you will work out that I am right" Charlie Munger.

[egrid1] 05/2/2018 12:01

"The money is made in investments by investing," Buffett said in a recent interview, "and by owning good companies for long periods of time. If they buy good companies, buy them over time, they're going to do fine 10, 20, 30 years from now."

"If they're trying to buy and sell stocks, and worry when they go down a little bit … and think they should maybe they should sell them when the go up, they're not going to have very good results," Buffett said.

"If you had a chance to buy into a good company in your hometown … and you knew it was a good company and knew good people were running it, and you bought in at a fair price, you wouldn't want to get a quote every day."

Instead of frequently checking a stock's price, "you'd look to the earnings and dividends over the years as determining whether you made a good investment or not. And that's what people should do with stocks."

[chimers] 05/2/2018 11:56

SHARES ARE FOR SELLING.