Bango Share Discussion Threads

[amt] 21/9/2018 08:11

Actually the BOKU placing seems to have gone very well and the share price is only down a few pence. I guess the brokers will have taken a cut so looks like share price will end well over 1.60
Bodes well for the future as new investors will have looked at this in detail. Should help sentiment with Bango as in the same space.

[amt] 21/9/2018 07:55

simplesimon I think Bango share price will go up buts its nothing to do with the original BOKU IP owners switching. They are the sort of investors involved in start ups so they work by funding from the start and then look for an exit once the business is fully established. It's as simple as that. I think BOKU share price will move sideways at around the 160p value in the short term. So we now know what value the big investors put on BOKU at its present time and happy with 1.60.

[amt] 20/9/2018 23:39

Too early for me to sell. We are just at the start for both companies. Venture capital companies have to sell out to some extent under their own rules.

[simplesimon1] 20/9/2018 22:46

The original BOKU IP takers placing 20 million shares on the market must have felt that BOKU had reached a plateau and it was time to take their profit. Maybe they were looking at the opportunities presented by Bango as being a better place to place their investment. The first ones to sell out of BOKU may be able to hang onto some of their profit. Their time might be right for them to switch over to Bango which is at a low point, the old adage being to sell high, buy low.

[simonsaid1] 20/9/2018 22:46

The Boku news is a 20 million share placing due to several IPO takers selling out. The company will receive no proceeds from the placing, it's just to cover 9% of the company's shares being sold off.

[kazoom] 20/9/2018 22:30

Given this evenings news (not the Brexit disaster)

So what then - is it the solving of the case of the Croydon Cat Murderer?

[amt] 20/9/2018 22:23

Given this evenings news (not the Brexit disaster) from BOKU we should get a good idea of its value by September 29th.

[amt] 20/9/2018 21:29

BOKU is going up also so I think people did sell out of BGO and BOKU got a fair re rating. I don't think it's a bubble by any means. BOKU was overlooked in the beginning and has now caught up with events. I think overtime both will go up but BOKU might have a bit of profit taking.

[glawsiain] 20/9/2018 15:59

Cheers Chimers for post 3344. An interesting summary, particularly from the pure banking aspect of intra bank transfers.

[nimrod22] 20/9/2018 15:56

Probably another rise tomorrow after readers of the paper version of IC get onboard

[simplesimon1] 20/9/2018 15:16

It looks like many Bango investors may have come out of Bango and gone into Boku causing a bubble in the Boku share value and a drop in Bango. Those same investors might now be coming back out of Boku at its peak and reinvesting in Bango at the bottom of its dip. Those shrewd investors are in line to experience multiples of the return they would have made anyway from the coming explosion in Direct Carrier Billing.

[simplesimon1] 20/9/2018 15:12

It looks like many Bango investors may have come out of Bango and gone into Boku causing a bubble in the Boku share value and a drop in Bango. Those same investors might now be coming back out of Boku at its peak and reinvesting in Bango at the bottom of its dip. Those shrewd investors are in line to experience multiples of the return they would have made anyway from the coming explosion in Direct Carrier Billing.

[fitton] 20/9/2018 14:33

Maybe a merger between Bango and BOKU may not be a bad thing?

[deltaham] 20/9/2018 13:42

A positive article by Simon Thompson in the IC digital version on Tuesday, so I guess it will be in the print version this Friday.

[alangrifbang] 20/9/2018 13:31

Does anyone know whether there will be anything in the IC tomorrow or is it too soon

[fitton] 20/9/2018 10:58

I have been in and out of Bango for the last few years and have been looking at both BOKU and Bango.BOKU have performed very well but value wise I now think Bango represents a good investment oportunity.I have sat and waited for a good time to re enter and having done a fair bit of research I think now is a good time.

[amt] 19/9/2018 18:39

2019 must have a reasonable degree of confidence I would think given only 3 months to ye when exit rate of 900m should be realised and those large deals being negotiated currently.

[amt] 19/9/2018 18:13

We can worry about a few things but Blockchain isn't one of them. Not for the next decade anyway. As we have seen the crypto currencies collapsed. Fortunately I got out. The malware problem recently highlighted lack of security which was the final nail in the coffin.
Anyway Chimers is a fan so no chance.

[amt] 19/9/2018 18:11

Blimey Nimrod the Cenkos numbers for 2019 are close to my 5 minute back of envelope calc made yesterday.
am pencilling in the following numbers for my own information.
2019 EUS 1.3b turnover 13m Ebitda 7m
2020 EUS 2.6b turnover 26m Ebitda 20m
2021 EUS 5.0b turnover 50m Ebitda 40m

[simonsaid1] 19/9/2018 17:19

More favourable coverage, this time from Proactive:

hxxp://www.proactiveinvestors.co.uk/companies/news/205251/bango-has-ambitious-plans-to-dominate-mobile-billing-payments-205251.html

One of the best primers on Bango's business I've seen in a very long time. Recommended reading.

Change the 'xx' in the address above to 'tt' to make it work. ADVFN is annoying!

[deltaham] 19/9/2018 17:08

The print edition arrives in post on Fridays, so should be another lift in share price.

[chimers] 19/9/2018 17:05

Oh and Swifts transactions are $4.7 TRILLION dollars per "DAY"

[chimers] 19/9/2018 17:04

Amazon will use Xrapid for all payments. You pay Amazon on your phone or whatever device and the payment is sent using Xrapid.
YOU DONT USE RIPPLE.
Ripple is burned during the X rapid transfer.
It's faster and it's far cheaper and it involves 'NO MIDDLEMEN' like Bango or Boku.
It is being rolled out in the next 6 weeks to 150 of the worlds top banks for their intra bank transactions.
It will eat into swifts payment fees and eventually wipe them out.

[nimrod22] 19/9/2018 16:01

49% more shares bought than sold over the last 6 working days

[nimrod22] 19/9/2018 15:56

Very positive update online IC yesterday from Simon Thompson "Cenkos Securities predicts a pre-tax profit of £5.6m and EPS of 8.1p based on EUS of £1.3bn generating £15.3m of revenue in 2019."
Plus other comments re rarely being in competition with Boku in the markets they address.