Bango Share Discussion Threads

[vespasianthesubugest] 14/3/2024 11:52

and if it's a beach bar, Lentjes, make you don't fly there on a Boeing!

[colinroberts] 14/3/2024 11:49

Mine’s a Guinness…

[amt] 14/3/2024 11:35

If we hit 5 quid I will arrive at pub with you guys in a helicopter lol

[simonsmithiv] 14/3/2024 11:28

Not many sells, but due to the spread and the ability to buy under mid, some look like sells. Can buy currently at 102.499, so looks like a sell by 0.001p, lol.

[adtraderuae] 14/3/2024 11:24

Still a seller in the background, who is keeping this down as they are there daily and sell into any strength. This will fly once the seller is done!

[jasperlachat] 14/3/2024 11:14

Yep count me in. Although £3 will be my moderately happy mode. Can’t believe this is less than £2 now!!

[lentjes] 14/3/2024 10:56

Up for that although it will most probably need to be a beach bar for me where I will have my feet up

[vespasianthesubguest] 14/3/2024 10:35

If we come out this and 2025 really takes off, we should meet up at the pub 😆

[wololol] 14/3/2024 10:03

Looking good for a decent recovery here

[amt] 14/3/2024 09:41

Smartspace sold at 169% premium, shows how undervalued AIM can be.
I didn't have many but it all helps.

[lentjes] 13/3/2024 20:27

Whilst anticipated the fact the announcement confirms the 2023 Tier 1 Contract launch and therefore ARR fees can now be recognised is great news and I like the £2m and more, also we should get a good 9 months actual revenue

Now they need to get the 5 DVM contracts signed in December last year launched asap so the ARR can be recognised in the H1 results and actual revenue recognised in the full year results

Maybe signs that the dark winter is finally coming to an end and spring has sprung early , it could hit 17 degC in the garden of England by weekend and let’s hope the Bango share price follows the trend

[le mass du pap] 13/3/2024 15:26

This looks like a bargain down here.

[amt] 13/3/2024 15:02

They said a while back that it would really take off in 2025, exponentially they used to describe it.

[6gr] 13/3/2024 14:50

As ARR is fast growing, the amount earned during a full year is always slightly unclear but somewhere midway between starting ARR and ending ARR (which is probably obvious). So yes to your assumptions.

The key part is that many of these ARRs are from deals only just launched which means the Telcos have not yet even started to on-board subscribers, which grows both subscription linked fees as well as increasing the ARR fees as they go through tiers.

This ARR should just keep on growing assuming the DVM product delivers what is required.

[amt] 13/3/2024 14:25

Yes that's maybe how they calculated the 16m forecast.
It does mean that the turnover for DVM recognised in 2024 will be at worst 10m and likely 13m so well on way to meeting forecast

[6gr] 13/3/2024 14:20

ARR was 8.8m USD at year-end so now 10.8m USD and likely already higher than that.

It does show the lag effect in launching, so likely more ARR is already under contract but not yet recognised as not yet launched.

[simonsmithiv] 13/3/2024 13:23

Good news today helping to restore confidence. Recovering slightly from an oversold position, bb's and channel indicate a possible bounce to 115p. Aimho, dyor, etc.


free stock charts from uk.advfn.com

[amt] 13/3/2024 13:04

So now we have usd 10m recurring revenue which on a multiple of say 10 would equate to the current market cap alone. Ridiculous.
Also Ridiculous that the share price reacts to what was a dead cert anyway but I am not complaining.
Proves the point that sometimes the stock market is bonkers but that's why there is money to be made or lost if research is not thorough

[amt] 13/3/2024 12:49

Thanks Parob, that was as expected but it all helps to build trust.

[parob] 13/3/2024 12:02

Bango Digital Vending Machine® launched by Third Tier 1 US Telco Cambridge, UK, 13 March 2024 - Bango (AIM: BGO), announces that following the signing of a long term Digital Vending Machine® contract in FY23 by a top 5 US operator, the service has now launched. This launch triggers the start of the associated license revenue which adds a minimum of $2M additional Annualized Recurring Revenue (ARR).

[amt] 13/3/2024 11:53

aicanary yes Boku is cheap. Bango in transition like Boku a couple of years ago so wouldn't expect much if any profit until 2025 when it takes off and should be similar to Boku now.
Lentjes I don't think the share price means a lot except gives a great opportunity for those who believe in the story.
Today looks like a stronger day, no shares available to buy but easy to sell. Been there before but one of these days....

[a1canary] 13/3/2024 11:48

On Boku value comparison, better to look at net income. Bango has gone from 4.7m to -2m in two years. Boku = 20m.
Boku also on PE of 17. Not outrageous by any stretch.

[dr biotech] 13/3/2024 11:16

Or perhaps they realised they ballsed up with the last lot of results/guidance etc and realise that they want to get it right this time. Whilst most of us are nursing substantial losses, the BOD have probably taken a bigger hit.

[vespasianthesubguest] 13/3/2024 10:56

Maybe the delay is they're waiting on Japanese treasury to confirm unwinding of ultra loose policy which will send the yen down against the dollar. Squeezing any extra profits out at the end of the year. Who knows.

[lentjes] 13/3/2024 10:44

amt, I said from a far meaning mainly looking at the SP, the reason for the dramatic fall of the share price is unknown and the silence from the BoD is not helping