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 Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -5.25p -3.24% 156.75p 156.50p 157.00p 170.50p 154.50p 165.50p 492,157 16:00:37
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Software & Computer Services 4.2 3.9 -5.2 - 111.44

Bango Plc Share Discussion Threads

Showing 4851 to 4869 of 4875 messages
Chat Pages: 195  194  193  192  191  190  189  188  187  186  185  184  Older
DateSubjectAuthorDiscuss
20/7/2018
18:53
Just noticed on the share price chart at 4 40 the price was up 1 at £1 63.
alangrifbang
20/7/2018
18:08
appears to be almost double the number of buys vs sell today.
nimrod22
20/7/2018
18:06
His (Buffett)Tesco's entry was a clanger. It's not a BGO item, but would recommend an occasional listen to the Bloomberg TV channel in the evening (for those with some time on their hands) to follow what's happening in the US e.g. they reported that Skechers SKX dropped 28% in after market trading. Not unsurprisingly they have rebounded today by some 7% at one point, and makes for some reasonably fast gains. Similarly Unilever's drop of 4% a few days ago had to be a buy (and it was). Switching back to BGO topics, I do think that the directors would benefit from being more frank with their RNS's, with a little more detail. Better to put your hand up and explain what you think is going well for you, what isn't, and what you're going to do about it; just found it a little short on info re profits etc which allows for too much interpretation and uncertainty.
nimrod22
20/7/2018
17:13
Also if you look past the standard view ascribed to Buffett he has an army of people behind him that manage risk. He does exit poor investments it's just the media only tends to broadcast the ones that work out
davr0s
20/7/2018
17:10
I find in the way I trade (and I am a trader these days and not an investor) is I invariably find myself not amongst the herd - I'm normally selling to them and taking profit. When the herd arrives it normally signals a crowded trade and I've found that's usually the time to do the opposite
davr0s
20/7/2018
16:52
You could follow Warren Buffett, but he also has some major clangers. At the end of the day we are all out there on our own, it just feels safer to be with the herd at times.
nimrod22
20/7/2018
16:26
I don't why people put so much faith in what IC thinks - they don't know more than anyone else where price is going. Take MPAC which I sold last week as trend had broken and IC recommended a buy earlier this week and next day it issues a PW and gaps down 50%. If these guys were such aces at stock picking theyd be sat on their own island sipping their favourite tipple rather than writing endlessly for a magazine
davr0s
20/7/2018
14:07
IC has put its previous reco under review:- Bango’s (BGO) end user spend was £220m for the half-year to June, against £92m a year earlier. The mobile payments group’s second-half EUS should be “significantly higher” than the first. Revenue growth continues as anticipated, though pricing models have been launched for some recent contracts to incentivise moving EUS from other channels to Bango’s. Operational costs from running Bango’s platform are unchanged from prior years. Total administrative expenses rose slightly to integrate the recently-acquired Audiens business, and drive marketing in Asia and mobile operator launches in Latin America. June’s cash position was £5.8m, against £4.8m in December 2017; Bango says it’s fully-funded to reach group profitability. The shares were down 2 per cent this morning. Recommendation under review.
paleje
20/7/2018
13:42
No YOUR a repetitive dullard....
chimers
20/7/2018
13:41
You possibly mean you're. I had to point that out as I'm a repetitive dullard Graham neary has commented on bango on stockopedia. He says: "Bango (LON:BGO) Share price: 156.5p (-3%) No. of shares: 70 million Market cap: £110 million I've not written about this one before. The last time Paul covered it in a little bit of detail was back in September 2017. In Paul's words, it "processes small payments for phone apps, via the end user's mobile phone bill". Sounds very much like Zamano (LON:ZMNO) (which has ceased to exist as an operating business, is now just a shell). This growth in "end user spend" reported today is encouraging: End User Spend (EUS) continues its four-year growth trend of at least doubling every twelve months. If full-year 2018 user spending is more than double the full-year 2017 user spending, it will be more than £540 million. Bango says its platform with the current cost base could process more than $5 billion of EUS per year, i.e. to grow by 7x from the level which 2018 might achieve. Cash - it says it is "fully funded to reach Group profitability", having cash of £5.8 million. My view - I am intrigued as to whether this might be one of those speculative Sucker Stocks (as classified by Stocko) which has a real chance of success. The growth rates and partnerships with the likes of Amazon have piqued my interest. At the last results statement, for 2017, Bango converted 1.5% of EUS to revenues. If it succeeded in reaching $5 billion of EUS per year, that would translate to juicy revenues at that 1.5% conversion rate. But the conversion rate is likely to fall, I think. The recent trend for this rate has been lower, and I assume that bulk sales will attract discounts, and that competition will heat up. If we assume a 1% conversion rate, then Bango would generate $50 million (GBP £38 million) of revenues on that $5 billion of user spending. I would expect the marketing budget, executive pay, etc to increase. So administrative expenses would be higher than the £8 million recorded last year. There should still be meaningful net income, unless costs ballooned out of control. Putting it all together, I think there is an investment case to be made for this stock. The market cap is pricing in that end user spending will double again and keep going. If you feel comfortable with the technology and trust management to deliver, then I can see how it might be reasonable to give this a chance."
glawsiain
20/7/2018
13:22
No YOUR a repetitive dullard....
chimers
20/7/2018
13:16
well you would say that, because you are a repetitive dullard
glawsiain
20/7/2018
13:09
I wouldn't be at all surprised to see another shock unexpected placing here soon!!
chimers
20/7/2018
12:51
Can anyone give more details of what's in the Cenkos note? Thanks.
jojaken
20/7/2018
12:45
Some of the points about profit here are perhaps due to confusing the tech sector with other types of business. Most tech companies don't turn profits for a very long time, until the businesses are significantly matured. Amazon, Facebook, Google etc all took many years before declaring profit. There is a reason for this. In tech you pump revenue into expansion, hard. This has a few benefits, not least creating a helpful tax credit which can be applied to maiden profits (Bango has tens of millions of main profit tax credits). But really it's about building a sustainable and large-scale business. Bango have pumped revenue back into things like a platform that can handle the growth ahead (currently tested to $5bn EUS before any additional infrastructure costs!), expanding internationally (their efforts in other territories like South America are already beginning to repay), and of course using low margins to grow the business and build client trust before increasing margin later on once the business has a name for itself. This is also why tech firms tend to attract high premiums to their book value. The book numbers have to be read in a particular way, as these businesses are structured and run to make profit over a longer period, not to make impressive trading updates/year end statements. Ray Anderson is that type of executive, too, as many here who are familiar with the man know. He's the definition of a long-game, thoughtful CEO. I trade bits of this share as everyone does (or should), but always keep a core holding because ultimately I like the way it's run and the way it is being built up for the future. I respect the differing opinions of others here and won't engage in the mutual namecalling going on, but I hope some discussion over broader matters can continue as it's a very interesting tech company, and I sense a whole data piece is yet to come too.
simonsaid1
20/7/2018
12:38
If you recall there has been a lot of talk from Bango about the value of getting Google Play route migrations to the Bango platform as there are several billion dollars worth of potential EUS to tap into there. Thus it makes sense to incentivise for these contracts due to their sheer size. A lower fee for Bango will have helped them win very large contracts. The net effect is more cash to the bottom line. These are all recent so won't fully show in this half's figures, but unless the discount was to the point of destroying all profit (what would be the point?), then incentivising clients who carry extremely large potential EUS using discounted transaction fees is the correct move.
simonsaid1
20/7/2018
12:36
Xún xù jiàn jìn As long as Bango continue to double the rice grains on the chessboard at each reporting period I will die a rich and happy man
lentjes
20/7/2018
12:03
It's about to fall off a cliff. Hey. IDS.
chimers
20/7/2018
12:00
? wots wrong wiv my style ? eh ? innit....kn liberty....
chimers
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