Bango Share Discussion Threads

[muffster] 20/2/2018 12:37

Disagree. Because EUS growth could be amazing, but they've had to sacrifice margin to get it. That's the picture at the moment, falling margins and growing EUS

[lentjes] 20/2/2018 08:14

Actual EUS growth is a good indicator of how the business is growing

[muffster] 20/2/2018 06:59

So forget EUS growth. It's turnover that counts, which is a margin of EUS.

[muffster] 20/2/2018 06:58

Bango current estimated PE ratio of 95.

[muffster] 20/2/2018 06:56

2016 Bango changed the accounting for revenue and moved to a new way of reporting.Previously Bango's turnover reflected 100% of the transaction where Bango was merchant of record and Bango profit only where Bango was the agent. From 2016 Bango's revenue is 100% profit as the growth in the business has been from the agency part.

[eezymunny] 19/2/2018 23:40

cryptotrade

BGO used to report the full value of customer purchases as revenue. Now they just report the fee they collect from the sale (1-2%?). Try doing some research.

[cryptotrade] 19/2/2018 14:25

The only thing I;m keen to understand is how did their revenue go from 30m in 2010 to now 2.6m. How was that revenue lost over 7 years? Was their model different then. I always though they did DCB.

[cryptotrade] 19/2/2018 13:19

Len, King, thanks for that.

I'll needs to see when the results are out.

Still feels to high because if they don't hit those numbers it will fall. So one could say the future is currently priced in which means is not a great but with huge upside at the mo.

[kingbarolo] 17/2/2018 17:20

Good point - everything heading in the right direction!

[lentjes] 17/2/2018 07:29

Agree with everything you have said but would add that in addition to the big corporations the global MNO’s are desperate to increase or in fact just maintain their revenue as their traditional revenue generating streams related to voice and data packages are declining. DCB. wallets and the related marketing opportunities are the way they see they can increase their revenue so will be scrambling to get onboard the mobile payments gravy train.

Remember it’s the MNO.s are the gate keepers to everything in the modern world

[kingbarolo] 16/2/2018 19:47

The valuation may look a "little" high at the moment, but maybe not so high if you buy into the story. Total EUS for 2017 was £271m and the forecast for 2018 is £592m; 2019 & 2020 exponentially higher(Cenkos Securities). But the point about this company is costs are fixed so once revenue has reached a threshold of around £533m all costs are covered and all additional income drops straight into the bottom line. So if total EUS estimates for 2018 are accurate we can expect a profit circa £3m, and for two years time a profit of £10m is forecast, potentially valuing the company at £200m (ST, Investors Chronicle). Of course there's risk but this is increasingly being mitigated by its growing market share; its association with the world's biggest corporations (Microsoft, Amazon, Netflix, etc); its market leading software with data analysis features; and a market that's only just waking up to the potential of DCB - who knows how big this market will grow? Bango is in a great position to capitalise on all of this and achieve its aim of becoming the "Standard Model". Whilst much of this is unproven yet, the "noise" around Bango is growing and the question is whether to get in now or wait until the company is more established? I guess the valuation is high because alot of us think its going to fly - You pays your money and you takes your chance!

[cryptotrade] 16/2/2018 15:03

does this really have just 2.6 million turnover? I don't get the valuation.

In 2010 they had 30m revenue, now 2.6m.

[lentjes] 16/2/2018 13:49

New interview with Grahame Riddell Microsoft Director of Carrier Billing (supported by Bango).

Last 30 seconds very encouraging for future activations in nearly all Bango key markets.

[lentjes] 15/2/2018 13:24

Whilst not directly mentioned the Bango / Amazon deal gets a mention

hxxps://which-50.com/eretail-sales-pass-3-3-trillion-2018/

[kingbarolo] 15/2/2018 12:13

Just taken the plunge - cant go wrong at these prices.

[lentjes] 15/2/2018 11:46

Could be on for a lumpy ISA top up at this rate

[kingbarolo] 14/2/2018 21:44

Posted on both threads: an update from Simon Thompson on 12th Feb, perhaps offering some light at the end of the tunnel,

"Furthermore, having hit monthly cash profit break-even in November, analyst Ian McInally of Cenkos Securities forecasts a cash profit of £3m in 2018 based on total EUS activity of £592m. If Bango can maintain its EUS growth rate, my models suggest it could be making net profits of £10m by 2020, supporting my 300p target price to value the equity at £200m. I remain a buyer ahead of full-year results on Tuesday 13 March. Buy."

For the full article:

[kingbarolo] 13/2/2018 15:55

I've started another thread on this site which might interest people who want to have more balanced discussions about this stock. I've called it "Bango a Buy!" and can be found via the search button above. We'll see if it's of interest.

[whichwaynow] 12/2/2018 19:06

The LSE thread is easy to use and they will censor and then ban foul mouthed posters.

[haozhen] 12/2/2018 16:59

Excuse me - but any way this silly person Chilmers can be blocked.
Just seems to be disrupting troll with bad language .
Maybe had bad childhood or molested by preest - but please can we report him and get him out of our productive life?
Seesm like a real idiot.

[oshy92] 12/2/2018 16:14

Short video highlighting the recent Capital Markets Day held at the end of January:

www.fmp-tv.co.uk/company/bango-plc-investor-video/

[gspanner] 12/2/2018 13:29

There is another perfectly civilised thread for those who think Chimers may have an obvious agenda.

[chimers] 12/2/2018 07:36

The only question here is ...WHAT BOMBSHELL is about to explode!! ?