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| Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
|---|---|---|---|---|---|
| Bango Plc | LSE:BGO | London | Ordinary Share | GB00B0BRN552 | ORD 20P |
| Price Change | % Change | Share Price | Shares Traded | Last Trade
|
|
|---|---|---|---|---|---|
| 1.00 | 0.70% | 144.50 | 54,968 | 14:00:03 |
| Bid Price | Offer Price | High Price | Low Price | Open Price | |
|---|---|---|---|---|---|
| 142.00 | 147.00 | 144.50 | 143.50 | 143.50 | |
| Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
|---|---|---|---|---|---|
| Radiotelephone Communication | USD 46.1M | USD -8.83M | USD -0.1149 | -12.58 | 110.22M |
| Last Trade Time | Trade Type | Trade Size | Trade Price | Currency |
|---|---|---|---|---|
| 15:55:54 | O | 9 | 142.00 | GBX |
| Date | Time | Source | Headline |
|---|---|---|---|
| 23/7/2024 | 15:55 | UK RNS | Bango PLC Director/PDMR Shareholding |
| 18/7/2024 | 07:00 | UK RNS | Bango PLC Holding(s) in Company |
| 17/7/2024 | 13:55 | UK RNS | Bango PLC Holding(s) in Company |
| 15/7/2024 | 19:36 | ALNC |  EARNINGS AND TRADING: Genedrive in FDA boost; Bango revenue rises |
| 15/7/2024 | 07:00 | UK RNS | Bango PLC Trading Statement |
| 21/6/2024 | 16:36 | UK RNS | Bango PLC Director/PDMR Shareholding |
| 14/6/2024 | 07:00 | UK RNS | Bango PLC Director/PDMR Shareholding |
| 13/6/2024 | 07:00 | UK RNS | Bango PLC Directorate Change |
| 23/5/2024 | 07:00 | UK RNS | Bango PLC Result of AGM |
| 01/5/2024 | 11:42 | UK RNS | Bango PLC Total Voting Rights |
Bango (BGO) Share Charts1 Year Bango Chart |
|
1 Month Bango Chart |
Intraday Bango Chart |
| Date | Time | Title | Posts |
|---|---|---|---|
| 26/7/2024 | 19:51 | Bango - Signs company maker deal with Facebook | 9,836 |
| 27/10/2022 | 02:23 | Bango Plc helping businesses make more money | 26 |
| 12/2/2021 | 07:43 | more BANGO for your buck | 691 |
| 22/7/2019 | 08:39 | Bango-Mobile content services- will it go with a bang? | 733 |
| 31/7/2017 | 08:42 | Taking breather | 1 |
| Trade Time | Trade Price | Trade Size | Trade Value | Trade Type |
|---|---|---|---|---|
| 2024-07-26 14:55:54 | 142.00 | 9 | 12.78 | O |
| 2024-07-26 14:38:35 | 146.00 | 1,019 | 1,487.74 | O |
| 2024-07-26 14:20:33 | 146.00 | 3,500 | 5,110.00 | O |
| 2024-07-26 14:07:19 | 146.00 | 2,184 | 3,188.64 | O |
| 2024-07-26 13:51:48 | 142.29 | 10,541 | 14,998.79 | O |
| Top Posts |
|---|
Posted at 26/7/2024 09:20 by Bango Daily Update Bango Plc is listed in the Radiotelephone Communication sector of the London Stock Exchange with ticker BGO. The last closing price for Bango was 143.50p.Bango currently has 76,808,193 shares in issue. The market capitalisation of Bango is £110,987,839. Bango has a price to earnings ratio (PE ratio) of -12.58. This morning BGO shares opened at 143.50p |
Posted at 26/7/2024 18:09 by drydata Hello Milaree. Please can you explain why the CEO and CFO might put out expectation for 2025?If they plan to stay till 2026-27 or more and they get share options at market price, why they want to say when they will be punished if they get a number wrong? Best to stay quiet. They dont need to raise money so 2025 share price same as now or lower is good. If good finance report in Mar 2026 then they really benefit. Can you explain ,motivations? DD |
Posted at 16/7/2024 10:28 by rmillaree Your calcs make sense amt - i was simply trying to work back to the numbers Taursus had provided without giving details - so presumably drop off in expenses which is good news and refreshing change (if we take the viewpoint they will deliver!!)"Surely a multiple of at least 12 gives market cap of 360m usd. Conservative share price of 350 but could be easily double" Based on prior inability of the company to forecast 12 months out or even 6 months out i can see why the market is taking those numbers with pinch of salt as they have promised before and not delivered for one reason or another - it does though show the obvious potential here if they can deliver. Step one is to deliver the promised EBITA and postive free cashflow 2024 in that regard over half the year is gone now. Note one thing when people say conservative forecasts i dont think this company has in the last 3 years ever really smashed forecasts so i still personlly believe they need to work hard to hit what they have promised - and thats probably why the share is where it is. |
Posted at 16/7/2024 08:33 by 888icb ST article conclusion:Second-half weighting to forecasts True, there is a hefty second-half bias to forecasts given that Bango’s first-half cash profit of $4mn accounts for less than a quarter of Singer Capital Markets' full-year estimate of $16.8mn, up from $6.4mn in the 2023 financial year. Analyst estimates are based on 16 per cent higher full-year revenue of $53.5mn and factor in a second-half gross margin of 93 per cent, up from around 85 per cent in the first half. That’s a sensible prediction in my view given there is an element of fixed costs within cost of goods sold, so incremental revenue generates a high and rising gross margin for Bango. The group is also realising cost savings by consolidating its operating platforms following the acquisition of the loss-making global payments business of NTT Docomo, a Japanese mobile network operator with 85mn subscribers. Having signed a long-term platform deal to provide payment services in Japan for the world’s largest merchants, Bango has been taking costs out of the business to transform its profitability. That said, the second-half weighting means that investors are taking a cautious stance, hence why Bango’s enterprise valuation to 12-month forward cash profit multiple of 8.7 times is almost half that of its peer group (Boku (BKU:178p), Fonix Mobile (FNX:243p) and Eagle Eye Solutions (EYE:473p). However, assuming the board delivers on Singer’s estimates, the ongoing re-rating has further to run to narrow the ratings gap with peers. So, having seen Bango’s share price rally 16 per cent since I upgraded my view to buy when I covered the annual results (‘Why Bango’s share price is set to recover strongly’, 8 April 2024), I see potential for material upside to Singer’s target price of 220p. Buy. |
Posted at 28/6/2024 15:56 by amt 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 |
Posted at 09/4/2024 06:54 by amt Bango is a classic case of the share price not being valued correctly on a longterm basis. In effect what has happened is they announce an acquisition worth 16m per annum of revenue at 90% margin longterm with virtually no overhead required longterm.In the first couple of years it will cost 35m to restructure and GM will be about 80% because of the platform they are using. Therefore expect bad numbers for a couple of years. initially the share price goes up a bit but when the bad numbers come through are worse by about 10m than expected the share price halves and knocks 100m usd of the market cap. Now nearly two years after the acquisition the turnover and GM from the acquisition are confirmed by the numbers and the cost savings are confirmed but it's too early to see it in the numbers the market starts to believe in what the management announced two years ago and the share price starts to recover. It's very difficult for Companies to make longterm strategies in the UK because of a very poor investment environment. Investors want instant results. I think the acquisition should have added 100m plus to the market cap originally and Paul hinted at that yesterday. The payments business alone is generating 32m usd of revenue at 90 to 95% margin from 2025 and very little cost required to support it. Its almost like a royalty of 30m usd growing at 5% per annum. That alone is worth a lot more than the existing market cap in my opinion. DVM is in for free. |
Posted at 08/4/2024 13:39 by 888icb The IC piece is titled “Why Bango’s share price is set to recover strongly”. This is the concluding part of the article:“ Reflecting the strong start to the new financial year, Singer Capital Markets predict a step change in profitability, pencilling in 162 per cent growth in cash profit to $16.8mn on 16 per cent higher annual revenue of $53.5mn. The forecast doubling of cash profit margin to 31 per cent reflects a four percentage point improvement in gross margin to 90 per cent), the benefit of cost savings and the operational leverage of the business. Moreover, with Bang forecast to be cash flow positive in 2024, Singer have reduced the interest charge in their financial models and raised their 2024 pre-tax profit estimate by 8 per cent to $5.7mn, thus reversing last year’s $7.8mn pre-tax loss. On this basis, expect earnings per share (EPS) of 7.3c (5.8p). Rated on seven times 2024 cash profit estimates to enterprise valuation, and given the upbeat start to this year’s trading, Bango’s share price rally is likely to gather momentum. Buy.” |
Posted at 24/1/2024 09:39 by 6gr The shares are cheap, but Boku won't be able to buy the company at anything like the current valuation, nor will anyone else. The Board and NHN hold close to 25% and I don't see them selling at anything other than a very high price. There are also many other long-standing loyal shareholders who will feel the same, enough to block a low bid in my opinion. I bought at around £2, my target exit in 3-5 years is £5-£10 and nothing has changed on that in my view.The current price is an over-reaction to a badly handled set of one-off issues and a reflection of the AIM market. The share price is half what it was 3 years ago, when the company had less products and did 1/3rd the turnover. Any suitor buying shares in the market would see the share price increase massively very quickly, as we know how illiquid they are. If they went to the Board directly to try an agreed offer, then they be laughed out unless it was very substantial. As for the Directors buying shares, I've seen from many situations that they often simply don't have the cash. They probably sold shares last year because they needed the cash. Even some token purchases would help though. I agree that a Bango/Boku merger would create a great company though. |
Posted at 23/1/2024 09:06 by 888icb Investors are wrong to ditch BangoThat is the title of Simon Thompson’s article on BGO in Investors Chronicle . These are the concluding paragraphs of the article: “ Based on revised estimates, Stifel now forecasts 2024 adjusted pre-tax profit and earnings per share (EPS) of $3.6mn and 4.6¢, respectively, or 75 per cent below its forecasts at the time of the interim results (‘Exploit Bango’s glaring valuation anomaly’, 18 September 2023). In addition, analysts now expect the business to be broadly operating at cash flow break-even in 2024 rather than delivering $7mn of cash generation. In my view, the lower than expected level of profitability and the hefty profit downgrade to 2024 forecasts explain why Bango’s share price crashed. It also raises concerns regarding both the upfront and ongoing costs of supporting large telecom customers and the margin to be earned from DVM customers in the longer term. The other important point to note is that there was no mention of the hefty 2024 earnings downgrades in Bango’s trading update. Effectively, the board has reset the bar, but not communicated this to shareholders directly. Clearly, the house broker's massively revised estimates for 2024 are based on discussions with the directors. That said, I see no point bailing out at such a depressed level. The £86mn market capitalisation company is rated on less than seven times downgraded 2024 cash profit estimates to enterprise valuation, a multiple that has scope to expand and drive a share price recovery assuming Bango converts its pipeline of DVM opportunities. Hold.” |
Posted at 20/1/2024 04:12 by amt When the share price was hovering around 2 quid I assumed that the market was not confident in achieving the numbers and that explained why the shares were so cheap. So the huge collapse in share price is like a double hit to me. So given that this set back has been caused by unforseen costs from the acquisition and a revenue recognition issue the share price reaction is absurd. Anyway I will buy even more next week.I remember Celebrus had a big setback a few months ago and the share price went down quite a lot. Unfortunately I sold. A few months later the share price is up 50%. I wouldn't be surprised to see the same here after the interim trading update in July. |
Posted at 25/11/2023 07:37 by lentjes With UK tech stock massively undervalued compared to their US counterparts and with the BGO share price depressed if there are any whispers that the BGO story is to be believed and that the market expectations are to be achieved which would result in an immediate re rate of the share price then any predators waiting in the wings you would think would need to strike before year end or at least before the TU in early JanuaryThat said if the BoD truly believe in the story and the expected growth in the years to come they would swiftly kick any low ball offer back where it came from |
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