Bango Share Discussion Threads

[nimrod22] 04/7/2017 13:59

Bango next for takeover???

[simonsaid1] 04/7/2017 10:22

Hahaha I forgot about him. I wonder if he's removed this from his watchlist as it was taunting him every time he looked at it. Lol.

[simonsaid1] 04/7/2017 09:54

A lot of the increase BGO is seeing is because people are reading the latest Investor's Chronicle article on Brexit-proof shares, but this takeover talk is undoubtedly helping too.

And all this before H1 results (which may get another mention from Simon Thompson), and before the trading updates in the months after that which will be the first to show the transformative effect of Amazon Japan getting on-board - which itself is likely just the first of many Amazon rollouts for Bango around the world. And all this while circa 200 new routes are being added elsewhere...

Any takeover offer would have to take into account these big contracts and the momentum of the business. Today's MCap/share price is vastly lower than any takeover number would need to be.

Exciting times to be here!

[j777j] 04/7/2017 09:53

I have always thought a bid for bango is when not if.If they don't strike soon they will be paying £10 a share a couple of years down the road.

[x54v] 04/7/2017 09:31

WPG now up 20% on the back of the RNS.

[x54v] 04/7/2017 09:31

The news should encourage further buying of BGO shares.

[smallcapinvestor1] 04/7/2017 09:28

Worldpay just confirmed received approach, not PayPal though.

[simonsaid1] 04/7/2017 09:27

Oh sorry I misunderstood! It's obviously a prime takeover target as the business is doing so well and is genuinely chipping away at some major payment firms. But if they want it they'll have to pay handsomely, as Bango is doing quite well enough to keep going without them. The offer would have to be pretty serious.

Almost the exact same situation going on at one of my other shares, MMX. Industry consolidation happening, successful small company (in the top level domain space), M/A offers flooding in, they had to appoint an investment bank to help work through the offers. I say this not to tip that share (sorry, I know that's frowned upon), but to point out there is a tech industry trend at work here, and Bango is absolutely prime for a high bid.

I feel like I owe Simon Thompson a bottle of fizz for this one (thankfully saw the tip relatively early on for once).

[x54v] 04/7/2017 09:25

Possible offer just made for Worldpay:

[x54v] 04/7/2017 09:09

Consolidation in the industry.

[x54v] 04/7/2017 09:08

"Shares in payment processor Worldpay jumped 9% in early trade after a report suggested it could be a bid target.

Wall Street Wires cited unnamed City sources as suggesting Worldpay had been approached by suitors.

The move in Worldpay shares also comes a day after Danish card payment services company Nets confirmed it had received takeover approaches."

[smallcapinvestor1] 04/7/2017 09:07

Look at worldpay share price today. Rumours of PayPal takeover

[simonsaid1] 04/7/2017 09:06

Where did you hear this rumour smallcap?

[smallcapinvestor1] 04/7/2017 08:55

Worldpay takeover rumours helping here today. Consolidation in payment processing industry bodes very well for bango. Let's just hope it doesn't happen too early. We want our just desserts here.

[hamidahamida] 03/7/2017 15:25

Breakout bodes well

[x54v] 03/7/2017 15:04

Nice breakout on today's strong buying.

[x54v] 03/7/2017 13:30

Some coverage here too

[x54v] 03/7/2017 09:58

Some good buying this morning and starting to look ready for another strong swing up from here.

Simon Thompson is a fan and has a strong buy recommendation -

[mark_jm] 29/6/2017 21:29

last year half year trading update was 11 July, no reason to think they wont issue the same this year is there? strange trading activity on this share, they seem to have days of almost no trades

[lentjes] 29/6/2017 11:26

Simon

Yes lets hope we get an update as this will give us a good idea as to where EUS is without Amazon. To be on target for doubling EUS they would need to be on or around the £276m - £280m EUS exit rate end June EUS based on a month on month steady increase although I suspect the EUS jumps at each activation and especially with a migration.

It maybe if the EUS ramp up has been slower than expected they skip the trading update which would spook the market ( although would provide a good buying opportunity)and wait until the H1 results in September when the Amazon deal has started to ramp up as well as some of the other activations.

[simonsaid1] 29/6/2017 10:07

I hope investors understand that Amazon Japan will only be in the very very last tiny bit of the period covered, so these results will be good but NEXT results will be the enormous, company-making ones.

[smallcapinvestor1] 29/6/2017 09:49

Last year trading update 11 July. Hopefully similar date this year will be good opportunity to update market on EUS trajectory.

[j777j] 27/6/2017 18:21

David Kempton. ..... have bought more and also added toBango (BGO), which Hargreave Hale bought for me a year ago and has since trebled.It seems mad to buy more of a company already trebled in a year with, as yet, no sign of profits. However as an enabler for mobile phone users to make payments on connected devices, they're on the cusp of massive market potential, having signed up for five years in Japan with Amazon, whose local annual $10bn billing is mostly paid by mobile phone, very much the Japanese (and African) method of choice and part of the culture. Amongst others Google, Microsoft and Samsung also plug into the Bango payments platform.

[lentjes] 27/6/2017 16:10

Looks like the India market is hotting up and lets hope the Vodafone DCB is coming our way once the Idea / Vodafone merger is completed if not already