Bango Share Discussion Threads

[lentjes] 22/2/2018 06:25

Smallcap

Regarding expected margin you need to look at H2 in that actual EUS was circ £180m on which @ 1.79% margin would have generated approx £3.2m revenue which based on 6 months operating cost of circ £2.7m then the Bango cash in bank at 31st December would have increased by approx £500k. However as at 31st December cash actually reduced by approx £700k from 30th June.

Unless I’m missing something there are 3 possible explanations

1 margins during H2 reduced to approx 1.2% which is what I and the market expect and in my opinion is good for business going forward

2 the cash in bank stated at 31st December did not include payments related to the significant increase in EUS related to the Amazon deal for the later part of H2. I doubt Bango get paid immediately for payments related to physical goods as Amazo themselves have not been paid from the MNOs for post paid subscribers

3 we had additional non recurring payments which I doubt

My thoughts are point 1 is the most likely and is the basis of my continuing investment but point 2 would give lots of upside

All will be revealed on 13th March

[kingbarolo] 21/2/2018 21:22

Chimers is like a naughty child - he thinks of the worst words he knows and tries to put them into a sentence to get “Mummy’s” attention. Poor lad’s probably had a difficult childhood. Either that or he’s a Boku troll, or maybe a desperate shorter holding a position - quite amusing really!

[muffster] 21/2/2018 18:26

He's just a sad idiot now turned negative and wanting desperately to knock this. Clown.

[smallcapinvestor1] 21/2/2018 18:10

In the stock market you have to wait for results or trading statements. That's how it works nonce.

[lentjes] 21/2/2018 17:01

New Juniper report stating DCB revenue for MNO's to reach US$ 9 billion by 2022. It should be noted DCB is only one of the Bango Platforms potential revenue streams.

hxxps://www.businesswire.com/news/home/20180221005099/en/Juniper-Research-Mobile-Operators-Generate-9-billion

[smallcapinvestor1] 21/2/2018 16:41

Omg what a pillock.

[chimers] 21/2/2018 16:07

Garry Tan.
Just witnessed the first $Nano transfer to Android mobile wallet with the Nano Core team @ZackShapiro @ColinLeMahieu - in a time of crazy crypto money grabs in crypto this is a very ideologically pure team focused on enabling instant free payments

[haozhen] 21/2/2018 12:41

Dear Mr Lantjes.
Thank you for your note. I have not travelled in London - but I think I like your idea of BGO is MASSTRANSIT with measuring data.. V NICE ONE.

[lentjes] 21/2/2018 10:51

Its like stinky garlic bread & kebabs in the 80s, its the future

[muffster] 21/2/2018 10:46

My puzzle here is that this is valued on a PE of 96 ish.It will record results of probably a 2 million loss.Even if EUS doubles in next 2 years to 500 million it will have a turnover of circa 7.5 million. Net profit maybe 1 million.So to command a market cap of 120 million now?

[muffster] 21/2/2018 10:40

Good analysis.. Like it

[lentjes] 21/2/2018 08:47

haozhen

Agree with you all the way, many people do not understand what the Bango platform does / can do and just think it is a payment aggregator simply allowing payments to be made where in fact the Bango platform is far more powerful.

I view the Bango Platform like the London underground only all travelers are digital payment transactions and the stations and retails outlets as the MNO / Merchants. The Bango platform then tracks all payments from cradle to grave through the system (underground) recording all data including frequency, value of spend etc etc. Even if they stop at Starbucks for a coffee in the underground they record / store the data related to the spend profile. They can then process this data which is then useful to the MONO's and Merchants to enable them to target the audience as they travel through the system to increase EUS. The fact that the Bango platform has tools such as Bango Boost / Deep attracts more and more MNO's and Merchants to use the Platform so they can have access to the data which you can then just plug in like adding more underground stations and coffee shops which then adds further traffic through system increasing EUS and further data gathering.

[haozhen] 21/2/2018 07:56

EUS must be most important factor.
It show how BGO customer are using the Bango system for their success.
If Amazon Google Samsung Microsoft use BGO a lot - it get more valuble.
Of course cost to do EUS is zero if many billion capacity already made.
So that is good - a nice 100% margin busness.
And the DATA oilmine is maybve very nice extra revenue source but only if high EUS.

[lentjes] 21/2/2018 07:08

Somewhere in that ball park but slightly less. Maybe £3.7 revenue from EUS and £100k from platform fees. I expect a slight increase in operating costs ( inflation & additional staff) to approx £5.4m resulting in an LBITDA for the year approx £1.7 (Y2016 £2.8) although we may have some 1 off non recurring cost so for me anything below LBITDA £2m is progress and a growing company

[muffster] 20/2/2018 22:49

So circa 4 mill turnover

[lentjes] 20/2/2018 22:33

Just for the record I’m anticipating margin to be around 1.4% on £272m EUS for Y2017 to be announced on 13th March although long term I’m happy for margin to drop further as EUS builds.

My view this would also be inline with market expectations

[lentjes] 20/2/2018 13:03

Your opinion noted

For me I'm happy for margins to drop as part of the Bango global land grab, not many companies can survive on the low operating cost that Bango have so eventually they will put their competitors out of business and swallow up their EUS.

My view remains increased EUS demonstrates a growing company.