Bango Share Discussion Threads

[ic777] 15/7/2024 08:29

Looks like finally Bango is at the inflection point...won't be surprised we see share price at X times current levels in 1yr time...

[ic777] 15/7/2024 08:27

The good thing is they seem to be cash flow breakeven in 1H...good update although market seems not super impressed...maybe all the money is chasing the AI stocks...

[amt] 15/7/2024 07:50

So would expect transactional revenue of about 40m for the year and DVM of about 16m or 56m for the year, slightly ahead of plan.
Then 2025 perhaps 68m turnover. 44m transactional and 24m DVM.
So should see substantial profits in 2025 and a re-rating.

[amt] 15/7/2024 07:30

No unexpected items and DVM still growing rapidly.
Transactional revenue growth settled at at about 10% allowing for currency.
Annualised revenue was 8.8m at year end now over 12m so perhaps a chance of nearly doubling by year end to 16m plus

[hastings] 15/7/2024 07:21

Very good to see, so a nice start this morning along with some blue skies!

[jasperlachat] 15/7/2024 07:19

Well done Bango and also well done everyone on here for the positivity.

[kaos3] 15/7/2024 07:11

great results

[parob] 12/7/2024 17:40

More large trades now showing from this morning.

[parob] 12/7/2024 15:38

250K buy now showing.

[jasperlachat] 11/7/2024 07:18

hxxps://www.stonehagefleming.com/about-us#

[lentjes] 10/7/2024 20:04

Ah so investment houses can pass shares amongst themselves without disclosure to any of us mortals, interesting, the new list makes it more intriguing as to reason for the share price crash in January, good the majors have kept their positions

[jasperlachat] 10/7/2024 14:26

Stonehaven = Fleming. Fidelity / Bell / Hargreaves = a collective of personal investors. Blackrock maybe hasn’t crossed a reporting threshold?

[lentjes] 10/7/2024 11:46

Bango just updated their major shareholder web page with major shareholding above 3% now increased from 66% in January to 72%,

Summary of changes from January update

Raymondo up by 300k,
Abrdn up by 996k

New
Fleming & Family 3m 3.91%,
Fidelity 2.87m 3.74%
A&J Bell 2.33m 3.04%

Out

Stonehage 2.88m 3.75%
Blackrock. 2.73m. 3.56%

Full update

NHN Corporation
10,456,986 13.61%
Liontrust Asset Management
8,542,766 11.12%
Herald Investment Management
7,528,470 9.80%
Hargreaves Lansdown PLC
7,337,441 9.55%
Raymond Anderson
5,880,000 7.66%
Abrdn PLC
5,105,093 6.65%
Fleming Family & Partners
3,006,118 3.91%
Fidelity Worldwide Investment (FIL)
2,870,512 3.74%
A J Bell Group
2,336,839 3.04%

Considering the changes can anyone explain why there have been no TR-1 notifications issued

[lentjes] 10/7/2024 10:00

Chunky buy of £200k at 9.43am

[jasperlachat] 06/7/2024 09:07

27 July last year and 2 August before that.

[lentjes] 06/7/2024 05:25

In recent years the Bango BoD have normally waited until after the Amazon prime day which is 16th & 17th July this year to issue the TU as the EUS processed on AP day gave a good sight line and confidence that YE revenue targets would be achieved. Whilst AP day will always be a significant revenue contributor the same as the Q4 big ticket shopping bonanzas I would think as the DVM subscription revenue which is less lumpy becomes the dominant revenue contributor the reliance on AP day for the H1 TU will diminish over the coming years, I also expect the seasonal 40/60 split to start to even itself out in the years to come although not expecting an even split so maybe 45/55

Expecting TU 22/23 July

[amt] 30/6/2024 22:28

The deal with the Global tech leader was signed 2 years ago so perhaps some revenue coming through now and increasing.

[lentjes] 30/6/2024 12:09

Shutters coming down on H1 at midnight this evening and then the bean counting can commence ahead of the TU in July, Larbey mentioned they had signed contracts that they cannot announce additional to the Uber deal reported last week so there could be a surprise on the ARR although probably not on H1 revenue due to timing unless they had some upfront license fee payments

I do agree with pensioners comment that revenue from the deal with the global technology leader will be kicking in as this went live early in the trading period and has been under the radar reporting wise so maybe another surprise could be on the cards

[amt] 29/6/2024 09:11

It's really only until we get well into 2025 when EPS of about 12p should be nailed on that we can see a decent rise I would think.
Pe of 20 would give share price of £2.40.
After that it could really take off EPS could double in 2026 when DVM becomes the majority of turnover.

[amt] 28/6/2024 15:56

I agree with you Pensioner , no-one is more bullish than me. I was just making the point that Larby and Co have been following this strategy for a couple of years so nothing has changed as far as the management are concerned, it's just investors don't seem to share the same view given the beaten down share price.
Once the market understands then the share price will recover

[pensioner167] 28/6/2024 13:50

I disagree with you amt. The number of staff at BGO has almost doubled recently. The increase has come from experienced Docomo staff and staff from Bango Deep which were based at Histon (near Bango's main office). In addition the number of staff employed on Bango Audiences has been reduced. The staff are now concentrated on the so called Digital Vending Machine which has a comparatively high return on capital employed. Bango should now be benefitting from the deal with Apple which posters seem to ignore.

[amt] 28/6/2024 06:36

To be fair PL was also very upbeat earlier in the year despite the Accounting issues. Nothing has changed from their strategy point of view. Its just a question of how they are perceived by the market which judging by the share price seems content to overlook the opportunity.

[amt] 27/6/2024 21:12

I am sure an email to the relevant person and the timetable would have been updated.
The partnerships being made now will start to make a difference to the numbers in 2025 which is shaping up nicely after 2024 likely blip.

[lentjes] 27/6/2024 20:21

Thanks Rizzle, PL came across very very exited and confident, what a step change from his Jan post TU interviews,

So we can expect the TU in July which is great news, they just need to correct the web page and who’s head is for the chopping block

[amt] 27/6/2024 19:09

Thanks Rizzle, very positive and maintains my faith in the top notch team at Bango.
By far and away my most exciting investment.