Bango Share Discussion Threads

[rmillaree] 24/9/2024 15:19

They will aim to beat forecasts with actual numbers rather than upgrading forecasts. I think that's the best way to operate after last year's debacle.

that would always be the way i like to see it - strange how is very rare for brokers up upgrade forecasts behind the scenes without specific comment from company (unless they are lagging other brokers) - whereas with downgrades .......

Ref Boku

someone was moaning about Boku over on stockopedia - the reality is that today they have downgraded expected bottom line PBT by 67% for this year - so the bottom figure is very much unaligned to the much rosier "normalised" profit.

It is also noticeable how much Boku need to spend to generate the extra sales - so all this talk of stuff being high margin cretainly with regard to Boku they have had to ramp up operating costs by 28%


Underlying operating costs increased 28% y-o-y to $31.7m as the company focused on enhancing the product offering and strengthening its delivery capability to support scaling the business


more detail ref boku numbers here
hxxps://www.edisongroup.com/research/h124-revenue-growth-supports-fy24-outlook/33976/

[alangriffbang] 24/9/2024 14:30

amt I bought another 30,000 boku this afternoon I’m quite bullish about them ,I can’t get excited about bango at all I’m sorry ,GFM have done well ,I top sliced SRB and made a huge profit , gold has been flying ,AAZ is up today but it’s very volatile ,hope you are well and good luck with your shares ,

[amt] 24/9/2024 13:23

Boku share price suffering despite 25% rise in turnover. They like Bango are building a global business so in the next couple of years will need a lot of investment. The market can't look forward and only backwards.
It's now likely Bango will be more profitable

[amt] 20/9/2024 06:15

I don't think there is any chance of them announcing a likely earnings or turnover beat even if it seems likely
They will aim to beat forecasts with actual numbers rather than upgrading forecasts. I think that's the best way to operate after last year's debacle.

[rmillaree] 19/9/2024 07:55

Lenjes - i think most people would be scontent with results being on target and normal waffle provided.

Bonus being slight beat slight upgrade and initiation of next years forecasts giving holders soem proper profits.

Ref your hopes i think thats too much of an ask.

will the reality be that wording is vague - costs have continued to rise half 1 number poor but they are hopeful that h2 will catch up and that capitalised r&d continues to rise. oh and throw in some exceptioanls ref clsoed parts of the business to boot.


I think we will all agree there isnt really any excuses if h1 results are poor here ? - could they get away with the same recent line of ballooning costs whilst at the same time mentyioning cost savings and efficiencies?


To be fair to the company if they were at higher costs level last year ref integration costs that would fall away this year and with sales growing one woudl naturally expect h2 to be better than half 1.

Hey ho maybe one of these days the company confound my deep scepticism of their ability to give us forecasts ref their real actual cash costs!

[amt] 19/9/2024 06:57

The large cut in US interest rates could start to change sentiment towards battered small Co shares. It will be interesting to see what happens today.

[lentjes] 18/9/2024 21:21

So as back in April the H1 results day 30 September will not be so much about the results themselves but hopefully Larbey provides a trading update and a strong statement on forecast year end results that they will be achieved or better expect to far exceed

Also a statement that the first instalment (as a minimum) of the NHN loan has been re paid and sufficient free cash for the 2nd instalment in December

and that net debt has been reduced with the loan facility also intact / unused

[amt] 13/9/2024 09:23

Good find. She must have been impressed by Bango to move there

[weblinkman] 13/9/2024 08:09

New BGO senior hire detected:
hxxps://www.linkedin.com/in/marisa-teh-5544684/

[lentjes] 13/9/2024 07:23

Yes be interesting to know their take on the US Google withdraw of DCB, if was to hit market expectations significantly I would think they would need to have made an announcement at the time.

Maybe the reduction in recruiting is the BoD reigning in the cash burn,

JPY continues to strengthen against the US$ and now at year high so great for Bango and the DCB from the Docomo market

Maybe Larbey is at last taking note of Raymondo,s statement in the 2023 results in April as below

As migrations complete and the free cash flows from the payments business rise, a priority is to use these to build cash reserves, repay any debt and invest in the rapid growth around the DVM.

[amt] 13/9/2024 05:23

Very good Hastings. Perhaps you could ask what is going on with Google withdrawing from DCB in the US at least and what are the implications. Since that news broke the share price of both Bango and Boku have both fallen. I thought both Google and Apple were under pressure from Regulators to open up their payment methods but this appears on the surface to be doing the opposite.
Also I notice there is only one job available on the website which given expansion seems to a bit strange. Boku by the way has about 30 jobs advertised.

[hastings] 12/9/2024 11:08

Pleased to say, I've got my call lined up early on results morning. Hoping for a good day!!

[amt] 12/9/2024 10:28

Shares can go up as well as down !!

[amt] 11/9/2024 14:27

I am confident that DVM will come good.

[ic777] 11/9/2024 13:49

A good analogy will be like Meta that dropped to 90 in end 2022 when they overinvested in Metaberse and faced some headwinds from Apple and Tik Tok...now is 500+...my estimate is DCB is making around 20-25mio OP which should value it at and 3bucks. But this is masked by integration costs and investment into DVM...DVM/marketplace data valued at 6x latest ARR which will give another 1buck...

[jasperlachat] 11/9/2024 13:07

Blimey that’s a bit defeatist. I thought we had a bit of carrier billing.

[amt] 10/9/2024 19:26

I don't think we need to wait 3 years. If there aren't significant inflows from the DVM in 2025 we can call time.

[jasperlachat] 10/9/2024 17:56

The only logic is to take a 3-5 year view here. Can really only take it out on UK plc, which seems to even dismiss where in the World income streams derive from.

[ic777] 10/9/2024 10:23

Quite ridiculous but it is what it is...just need more time for the intrinsic value to be realised as what Amt mentioned, probably by mid next year...thing is the markets nowadays doesn't necessarily value things on their intrinsic value (e.g. Bitcoin, Ethereum etc)...

[vespasianthesubguest] 10/9/2024 08:56

Personally, I think the perception and health of the US market drives a lot of movement. They're currently teetering on a recessionary staglation scenario and the AI bubble is about to pop.

[vespasianthesubguest] 10/9/2024 08:52

it's some consolation that even Boku's chart path has taken a similar turn downwards from the hights of the 190's just a few months back. This is despite their results looking more confident.

[ic777] 09/9/2024 17:38

It is like Mr Market has given up on Bango and does not believe it can make money from rhe revenue that is has! 30 Sep hopefully will give some clarity...if it keeps dissappointing though, market has los6 all confidence in the mgt and the biz model!

[amt] 09/9/2024 09:59

Yes AIM is dead and the rest of the stock market going downhill. Interesting interview with late Mike Lynch who made some good points about why the UK business is under threat.
I also remember he said at the time that Brexit was a crazy idea and its looking like he was correct.
Anyway although the UK it's now looking hopeless for new businesses at least Bango is well established and will eventually re-rate when we get some good profits, middle of next year. So a lot of patience required.

[ic777] 09/9/2024 09:51

Market has been disappointed by Bango for too long and also the whole AIM is kind of "dead"...until Bango proves their earnings power hopefully...