Bango Share Discussion Threads

[bookbroker] 05/11/2013 13:07

They need to very positive, share halved from January!

[amt] 05/11/2013 10:48

Outlook has gone from confident to extremely positive. They sound very excited about the future.

[amt] 05/11/2013 10:40

A few hints in the statement that there are some major announcements to come once the customers announce themselves. All covered by confidentiality at the moment.

[yesrupnel] 05/11/2013 09:50

The market liked that updateeven though there were no figures. I got in for the first time when the market opened and its looking good even a few hours later.

I had done my research before but didn't quite realise how many MNO and platforms had been integrated. I guess we now have to wait for the volumes to occur (good to see thay have expanded their capacoity limits already) and carry on making new sales.

Any comments on todays annoucement?

[davier] 05/11/2013 08:34

Business update

[pendragon2] 20/9/2013 10:13

Is there a case for seeing BGO as a take-over target?

They have established their business profile and technology, getting a seal of approval from a surprising range of large players.

What kind of company might be interested in them - one of the large network/cloud businesses?

Given the telephone number p/e rations common in the tech world, the modest current income needn't be an issue, but this potentially global niche has a lot going for it.

[sammy_smith] 17/9/2013 15:45

Bango (BGO) - Interim results to 30 June 2013

Click the link below to listen

[sammy_smith] 17/9/2013 15:44

Bango (BGO) - Interim results to 30 June 2013

Click the link below to listen

[amt] 17/9/2013 09:02

mjcrockett

-- End user spend grew 74% to GBP6.6m vs. GBP3.8m for previous 6 months, as the smartphone business continues to grow
-- Gross profit on end user spend grew 57% to GBP0.22m vs. GBP0.14m for previous 6 months


That's the important bit, the other GP is not relevant in my view.

[bookbroker] 17/9/2013 08:54

They're goin to be laying off staff soon unless they can find someone to pay the bills!

[mjcrockett] 17/9/2013 08:47

amt, the total gross profit was £1.2m.

[amt] 17/9/2013 08:46

The market doesn't seemed too pleased either, at this rate £1.00 is on the cards. That will be compounded by those who supported the funding recently being non too pleased.

[amt] 17/9/2013 08:29

Very disappointing financials to make a GP of .22m doesn't look good. They have increased headroom 100 fold. So lets assume in a few years they make 50* that which is 22m annualised. Net profit of say 10m, it means this is never going to grow to an enormous company.
They will need more funding presumably at some point in a couple of years time.

[nefarious] 17/9/2013 08:25

Certainly going in the right direction. Firefox OS will be HUGE.

[fitton] 17/9/2013 08:22

No need to go running to the door just yet.The next six months through to the end of the year will give a much better indication of future potential.End user spend 6.6m.I would expect this to be double that in the the second half.Still not were I would like it to be but going in the right direction.Amazon still not live.Mozilla live August 2013

[bookbroker] 17/9/2013 07:55

Not impressed, these guys are not growing fast enough, technology likely to leave them standing!

[hamidahamida] 17/9/2013 07:23

Very good set of results but this bit is really very exciting. Bango increases sales by 200 to 1000% or more compared with traditional credit card methods, and this is amplified further due to the unique BangoID database, particularly with the increasing number of Wi-Fi connected users.

[fitton] 16/9/2013 13:13

We're excited to announce the latest addition to Bango's management team, as Maria Garcia Vidondo has joined us, as our Vice President Platform Operations. This is a new role which has been created as Bango continues on its growth path, serving increasing numbers of huge clients and seeing massive growth in reach.

Maria's role is to ensure that the Bango Payment and Analytics experience is always available for Bango's customers. Maria is focused on several measures which are pivotal to Bango's business performance

[fitton] 16/9/2013 13:08

Looks like the market not expecting anything to exciting here.

[hamidahamida] 16/9/2013 08:22

Results out tomorrow

[hamidahamida] 03/9/2013 00:08

The Bango payments service, when introduced to developed markets with high credit card penetration, has led to an increase of 300%-400% in the sales of digital goods. When introduced to emerging markets, Bango has seen increases in sales of digital goods in the range of 1000%.READING THE ABOVE I RECKON RESULTS ARE GOING TO BE VERY GOOD

[fitton] 29/8/2013 09:50

Disappointing performance with the share price here.Potential appears to be huge but maybe the very low payment processing fee is not going to add up.The next update should finally give some idea of the prospects here.Anyone any idea of what
Bango may be charging the customer per transaction. Could it be as low as 5p or maybe even less. It takes a lot of 5p transactions to add up to a £1m in turnover.