Bango Share Discussion Threads

[amt] 01/4/2019 08:43

Yes it's an illiquid share hence the price can easily double over a short period

[nimbo1] 01/4/2019 08:21

I only purchased 60 percent of what I wanted on Friday morning and can’t get any decent online quotes to buy now so instead of chasing it will just hold what I have. Looks promising though.

[amt] 30/3/2019 07:14

Well normal trend is a 6 fold recovery. So 4 quid perhaps

[red5] 30/3/2019 07:10

Bango where to next?

[alangrifbang] 29/3/2019 19:06

He never posts when the share rises red 5 ,he she it will be making a nuisance on another site ,there is one on the Boku site called bam,I think they are twins,he gets so much wrong now I think he should retire and get a proper job,

[amt] 29/3/2019 16:02

Trying to close his short before it's too late.

[red5] 29/3/2019 14:54

Where is chimers

[amt] 29/3/2019 08:06

Good point well made

[aleman] 29/3/2019 08:04

When do Amex, Mastercard or Visa bid for these DCB companies?

[amt] 29/3/2019 06:57

It's very encouraging that Bangos platform has been growing for about a decade and heading towards one billion EUS spend per year so its firmly established and consistently growing over a long period. Like Boku this seems to be the way forward now for paying through mobile. I remember following other companies like Monitise that showed some promise but the search for the way mobile payments would become the methodology of choice always seemed elusive. It looks like Bango and Boku have struck gold but are only at the start of this journey. 5 years from now on current trajectory (doubling every year) they could have a hundred billion of payments being paid this way between them. That's about 3% of the global market.

[aleman] 28/3/2019 19:58

Another chart to watch - it could be interesting in weeks ahead if it recovers 100p support at the third attempt (and remembering the 200-day average is around 108-109p and falling). If the shares rise a few pence more in the next few weeks (around AGM?) , the downtrend could break at the same time as it broke through the 200-day.


free stock charts from uk.advfn.com

[nimbo1] 28/3/2019 09:39

I used to own these above 2 as like the story. I was stopped out with a small loss. Im now accumulating again. Seems very likely to double to me but who knows. Have half my holding so far. Gl all

[kazoom] 27/3/2019 22:54

"Globo 2020 EBITDA" - OMG - was that Freudian?

[kingbarolo] 27/3/2019 21:32

Also interesting that Ray Anderson has rubbished Cenkos' margin forecast for 2019 stating that it will remain at circa .94% (roughly same as 2018), no need to reduce further. Forecast is for additional £700m EUS at circa .94% margin, no additional costs so all dropping through to bottom line. ST in investors Chronicle says Ian McInlay of Cenkos will have to "massively" upgrade his forecasts. I don't think Anderson / Thompson would put that out there if there wasn't substance to it.

[aleman] 27/3/2019 20:45

Hi, Glasshalfull. I hope you are well and prospering. (Which investment stint/thread/company do I remember you from many years ago?)


From your twitter link to Cenkos numbers and your link to Edison numbers (which I had copied to this thread - thanks):

Cenkos show Globo 2020 EBITDA is £6.8m and £6m cash and current market cap is £66m @94.5p - about 9 times EBITDA after cash and a little over 10 times before. Edison show Boku 2020 EBITDA is predicted at $22.5m/£17m and $51m/£39m cash and current market cap is £260m @106p - about 13 times EBITDA after cash and about 15 times before. Bango look quite a lot cheaper on next year's forecasts and look to be growing a bit more quickly, although there is no guarantee Bango will keep edging Boku on revenue growth and EBITDA margin to hit those targets.

Don't you think GBO look the cheaper of the two on these forecasts? (Potential dilution not considered.)

I think they both look very interesting, though, and would probably have bought a few Boku as well if they had not been nominee only. I think the platforms they operate might lead to new services in future that have not even been considered yet.

[glasshalfull] 27/3/2019 17:59

Evening Aleman,

Looked in & pleased to see you researching BGO & BOKU.
Should say at this juncture that I chose to invest in BOKU at the end of 2018 having researched both.

Unsure if you’re aware of Cenkos latest forecast for BGO? I had a good look at the weekend & tweeted the comparison as there has been quite a material downgrade in the space of 6mths. Link to my tweet below which details the downgrade in this period



While growth in EUS is still substantial, Cenkos have reduced the take rate for this year to 0.7% (from 1.0%) & conversely this impacts profitability, earnings & cashflow.

So for me the jury is out on BGO. Certainly not knocking the company but simply watching progress from the sidelines at present...but wish you all the best with the investment.

Have to dash.

Kind regards,
GHF

[aleman] 27/3/2019 17:07

BOKU jumped to 106p at the close - up over 30% in 3 sessions - so market cap now £260m versus BGO's £66m.

[aleman] 27/3/2019 12:11

Chart starting to look interesting - shorter averages are maybe starting to creep up for first time in 18 months? Might start to play with the 200-day soon.

[aleman] 27/3/2019 11:20

I think BOKU look very exciting but I think BGO look to be cheaper and catching them up. Looking at the comparison tables in Edison's BOKU note tends to back this up for me. I've topped up here.



BOKU is predicted to have an 8% free cashflow yield next year which makes it look cheap - possibly very cheap when you consider the growth potential. I think BGO will be right behind it. Note current year BGO EBITDA margin is predicted at 29.4% and next year is 37.8% - both ahead of BOKU's 18.0% and 31.8%. On predicted revenue of £12m and £18m for BGO that makes EBITDA expectations for BANGO around £3.2m this year and £6.8m next year. Compare that to BOKU's £7.5m and £17.5m.

Both companies look like generating lots of cash soon. I think BGO looks significantly cheaper on Edison's margin expectations and significantly higher revenue growth rates. Once it becomes a little clearer that BGO is now into cash generation like BOKU, the market cap should be more like 50% of BOKU's instead of sitting at the current quarter.

.

[alangrifbang] 27/3/2019 08:33

Interesting write ups in all the papers on Boku results,after Bango results last week nothing was said in any paper,and yet most posters on this site reckon it is the better company,I suppose we will have to wait and see,

[alangrifbang] 26/3/2019 12:41

The difference aleman is Boku flew upwards and BANGO went south,

[aleman] 26/3/2019 10:18

There's a line in Boku's results that suggest a few years of fee compression have stopped. That might be unique to them but could be very significant if it applies to BGO as well. BGO's predicted doubling of end user spend would translate to a 100% rise in income, rather than the 80% rise predicted.

[kazoom] 25/3/2019 23:36

Ah okay amt - I had presumed they still had some form of ongoing relationship with FB.

I turns out, they regained an FB relationship through Audiens.

tbh I remain sceptical that there is money to be made selling data analytics for FB, google etc.

[alangrifbang] 25/3/2019 16:11

All posts seem very upbeat so why the drop,Boku suddenly going upwards