Bango Share Discussion Threads

[amt] 02/2/2017 07:20

Only reson for more cash would be an acquisition which is likely given what they have said. As always I find it annoying that if thete is a placing its highly suspicious that the share price seemed to know it in advance.

[simonsaid1] 01/2/2017 17:02

Fascinating presentation, and very encouraging. I'm new to BGO so don't know if there's anything new in there, but the parts that leapt out to me were that adding retailers doesn't add any cost (additional $EUS goes straight to gross profit); The squirrelled away 'close to profitability'; And the dreamy end section looking at other technologies Bango could work with outside of the smartphone. Also good to see the list of new clients including Netflix, and their clear focus on Android which is so often misunderstood by people who overestimate the ubiquity of Apple products and their ecosystem.

[egrid1] 01/2/2017 16:23

The strategy day material is now available on the Bango website
hxxps://bangoinvestor.com/2017/02/01/bango-strategy-day/

[simonsaid1] 01/2/2017 15:26

remarkomsoc - what do you mean? The stock price has been below 100p for a few days now, fluctuating around there.

Any automatic sales from dipping below will have cleared by now, hence the more conservative price movements this past couple of days. We're back to regular trading.

[lentjes] 01/2/2017 14:51

Trouble with posting link to the interview but you can find it on the Bango web page

[lentjes] 01/2/2017 14:28

Hot off the Press

Looks like Bango are pushing themselves out in the market so again suggesting placing coming

At minute 4.20sec Raymondo is talking about acquisition opportunities and that if they do buy another DCB competitor its a one off cost and increases EUS but does not add additional overheads to the Bango annual running cost of GBP 5m.

[...]

[smallcapinvestor1] 01/2/2017 14:25

Worth noting also today apple want to double services revenue in four years I think they said. That's massive for app store spending and therefore direct carrier billing.

[smallcapinvestor1] 01/2/2017 14:23

Hargreave hale sold 50k shares for discretionary clients. That's nothing.No way is the a placing being arranged. Funds not needed at all.Much more interesting here is boku have installed former 4 imprint cfo to prepare for ipo i assume.The sooner this happens the sooner boku and bango can join forces and 2+2 will equal 5 or 6

[simonsaid1] 01/2/2017 12:26

Thanks, interesting analysis. So you think that either a placing to generate cash, or potentially a buy-out from a big tech firm is most likely. Either way there'll be plenty of news to keep the fires stoked.

[lentjes] 01/2/2017 12:08

simonsaid1

Possibly although the big selling appears to have stopped (for now) so maybe to it was as I said to keep the share price at the level of the already agreed placing or at a level where the placing is within a reasonable discount of the share price at the time the placing is announced to the market.

Bango would look rather silly if they have already agreed a placing in the 90s and the share price was running away above 120p

What is fact is that to keep the likes of Amazon, Microsoft, Google etc interested / involved in the long term development of the Bango platform and the new products they intend to bring to market Bango need a strong balance sheet and I don't think cash of GBP 5-6m is strong enough to convince the above mentioned to commit for the long term even if its enough to get them to profitability it would be a little close to the bottom of the curve for their liking.

A key point is that the Bango platform is being developed as an independent platform for the likes of Amazon, Micosoft & Windows to utilise so needs to be strong cash wise to keep its independence.

Only my thoughts and I could be wrong

[simonsaid1] 01/2/2017 11:06

Lentjes, are you saying that they wanted to lower the share price in order to improve their position for a fresh placing? Sorry if I'm being a dunce, struggling with the logic here.

[lentjes] 01/2/2017 10:42

Looks like both Hargreave Hale and Lion Trust were dumping shares on Friday trying to suppress the share price in the build up to the Strategy day. Whilst the strategy day appeared open to all I'm sure there were other briefings with the II's going on behind the scenes. I expect a placing with existing II's is immanent ( if not already agreed) somewhere towards the high 90s or maybe @ 100p.

Also both Hargreave Hale and Lion Trust still hold more shares than back in the summer of 2016.

Personally I don't have a problem with another placing especially if this is used to increase cash in the bank and therefore give partners further confidence in Bango's ability to remain as a going concern for many years to come or another acquisition of which I'm sure there are many vulnerable DCB players out there in the market with higher overheads thus require bigger margins required or in fact both of the above.

Remember following the last placing the share price increased so the market also understands / supports the rational for any placing.

[j777j] 01/2/2017 08:49

Highly doubt it as no new market sensitive material was discussed.I think just short term punters selling out.Remains a news driven stock and what we do know is news is capable of adding 50% to the value in very short timeframes.Gla

[amt] 01/2/2017 07:17

No sign of the presentation. Judging by the share price it didnt go down well so where is it?

[lentjes] 31/1/2017 15:00

So Lion Trust sell 123k shares last Friday and bought them back again yesterday or the trade was cancelled ???

MM'S playing games

[j777j] 31/1/2017 14:29

Peeps that buy on extended settlement with no intention of actually paying for the shares at settlement time.Prob is it is the oldest stalest game in town and the mm"s simply play along.

[simonsaid1] 31/1/2017 14:09

J777J what do you mean, and what are 'T traders'? I get the bit about market makers but not the rest! Thanks.

[j777j] 31/1/2017 13:50

Suspect a few T traders were hoping for instant riches . Unfortunately the mm's know every trade and always act accordingly.Too much going on to be out of the stock.

[amt] 31/1/2017 12:10

Extraordinary share price movement. Probably go to 60p for no reason unless they are making another acquisition. Daft

[simonsaid1] 31/1/2017 10:01

Hello! I've been on the sidelines looking for a decent entry point into BGO for a little while now, didn't trust the recent spike. Still, can't see anything concrete to suggest this morning's low level will last indefinitely either with such good fundamentals, could be famous last words but <£1 seemed time for a wee punt. Even if this appears almost a parody of an AIM stock.

[lentjes] 31/1/2017 08:27

amt

They could only RNS after the merger has taken place and with the agreement from the MNO's and Google but most press reports are suggesting Idea will remain and Vodafone will exit India. Its then a matter of time as to when the two networks become one under the Idea umbrella and we then have 400m subscribers. That's not to say Vodafone are not already using the Bango platform for DCB in India.

In the RNS yesterday Bango did say they would make the presentation available on the Bango investor web page but have not had time to check.

PS

Looks like we are back on the Bango share price rollercoaster today, maybe a few people were hoping for an announcement to go with the strategy day

[amt] 31/1/2017 08:17

Looks like strategy day didnt go down very well judging by collapse in share price Hope its not the repeat of the collapses after the past which dont seem to have much substance behind them.

[amt] 31/1/2017 07:50

Lentjes are you sure. Why dont BGO put out an RNS. Has anyone got a link to the strategy meeting presentation ?

[lentjes] 31/1/2017 06:27

correction

Bango India DCB Subscriber base would be 400m