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BGO Bango Plc

137.50
4.00 (3.00%)
18 Jun 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Bango Plc LSE:BGO London Ordinary Share GB00B0BRN552 ORD 20P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  4.00 3.00% 137.50 135.00 140.00 137.50 133.50 133.50 54,085 15:59:58
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Radiotelephone Communication 46.1M -8.83M -0.1150 -11.96 105.57M
Bango Plc is listed in the Radiotelephone Communication sector of the London Stock Exchange with ticker BGO. The last closing price for Bango was 133.50p. Over the last year, Bango shares have traded in a share price range of 95.60p to 210.00p.

Bango currently has 76,774,700 shares in issue. The market capitalisation of Bango is £105.57 million. Bango has a price to earnings ratio (PE ratio) of -11.96.

Bango Share Discussion Threads

Showing 11026 to 11050 of 11450 messages
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DateSubjectAuthorDiscuss
13/3/2024
15:02
They said a while back that it would really take off in 2025, exponentially they used to describe it.
amt
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.

6gr
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

amt
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.

6gr
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

simonsmithiv
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.
amt
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).
parob
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....

amt
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.

a1canary
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.
dr biotech
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.
vespasianthesubguest
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
lentjes
13/3/2024
10:04
Boku revenue gone from 69m to 83m over last two years.
Bango 21m to 46m
Even if you take the acquisition out it would be 30m about 50% increase in organic growth while Boku less than 20%

amt
13/3/2024
08:56
Lenjes, Why do you think Bango are falling behind their competitors? I don't see much evidence for that.
Only the share price is falling behind but that's not necessarily an indicator. 18 months ago Boku had a big set back after a poor acquisition which they had to bail out of. Bango seem to having a much better time with their acquisition albeit a bit of patience required.

amt
13/3/2024
08:31
Yes amit BOKU appear to be doing well, so are Fonix who operate in the same space, yesterday they announced a divi, from a far it’s looking like something has tragically gone a miss with Bango and they are quickly falling behind their competitors, it’s not helping that the BoD are not communicating what’s happening

We are now halfway through March and no date set for the results so starting to think they may miss the March release which would add further concerns

lentjes
13/3/2024
07:28
Boku market cap has reached 500m and looks good for a strong rise. I wouldn't be surprised if it hits 700m by year end which would be nearly ten times that of the similar Bango.
amt
12/3/2024
11:20
great so that means we could yet still see a massive dump?
vespasianthesubguest
12/3/2024
08:42
TR1 is filed after the holding has changed and must be filed within 2 business days for a UK stock.
6gr
11/3/2024
21:44
Large volume sells today and ramped up at close,

Question, if a major stock holder decides to put its stock up for sale do they declare at the time of offering the stock for sale or only once the stock offering has been taken up, this could explain why no TR-1 notifications issued in that it’s taking time to off load the stock although the market is aware of the intent to sell thus the continued slow decline of the SP

Bango BoD need to issue the results asap, whether we like it or not we need clarity

lentjes
11/3/2024
10:19
@molatovkid - thanks for the reply!
vespasianthesubguest
10/3/2024
22:22
Direct carrier billing is growing globally at about 10 to 20% per annum and is valued at about 60 billion usd per annum. As time goes on its a way of the telecoms getting a slice of this way of paying for digital goods. It is also starting to be used for physical goods. Over a long time credit cards and debit cards will probably disappear.
Even so the credit card companies are still doing well. It takes a longtime for changes in payment methods to change because of security and regulatory requirements.
Carrier billing is very sticky so once adopted it continues and we have never seen Bango loose a customer so far to my knowledge.
The cost to the consumer is negligible so once established its difficult to see a better way of paying for a consumer who wants to pay through their telephone bill. I think we are safe for the forseable future.

amt
10/3/2024
09:41
A Q.
For how long can present tech solution offered by BGO last at least? How many years? Before all is replaced.... by some different system.

Great input on the past and the present on here.

But I miss discussion on the tech dangers.
Which probably exist and i do not understand.

What i am afraid is all becoming obsolete in a rapid way.

Like f.e. having just one digital currency account and all payments deducted automatically under the contract by the bank etc

It was done so in my country for decades.



TIA

kaos3
09/3/2024
22:17
There was a change of accounting policy on Revenue recognition as advised by the Auditors in January.
Extra cost of sales did come out of the blue, being costs of transferring some bits of Docomo. Given total one off for Docommo were 40m odd then 2m could easily have been underestimated. The detail was explained earlier in the interview with Amol
The FX difference would probably have arisen because they treated it as unrealised in the balance sheet. I guess the auditors came along and told them it's a p&l item.
They don't seem to have the international accounting experience required.
I choose to believe them.
If you don't believe what they are telling us then why stay invested. If you don't believe them and you turn out to be correct the share price could fall even lower.

amt
09/3/2024
10:14
Excellent summary, have to agree. I think it's worth emphasising again the point you've stressed and what they were at pains to point out, that the issues weren't apparent until early January. They subsequently announced at the earliest opportunity.
hastings
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