Bango Share Discussion Threads

[acefromspace] 19/9/2017 15:37

So who's selling today. Investors or bango staff? Appreciate these have more than doubled but the outlook looks really positive but chunky sells around the 250 area.

[muffster] 19/9/2017 13:46

Also see new payment methods,. Eg supermarkets coming soon

[simonsaid1] 19/9/2017 12:00

The company has laid out foundations on so many fronts:

- Operationally ready for vast increases in EUS, stress-tested on $5bn with no problems, so no further infrastructure investment required

- Existing agreements with most tech majors, so already on the right radars and mainly just awaiting further territorial rollout which will follow in due course, generally just requiring carriers to play ball

- Precedent for physical goods set with Amazon Japan deal

- Recent wave of new hires as the business continues to scale up for relentlessly growing demand

[chimers] 19/9/2017 11:43

The hard work has been done , its all gravy from here!!

[chimers] 19/9/2017 11:38

This is a £10 share and beyond!!
This is your ASOS moment grab it now or forever rue this day!!

You get a lot of BANGO for your buck!!

[nimbo1] 19/9/2017 11:35

moving up nicely now. reckon with ST comments this will get to 300p. Large mismatch between available stock and demand from new holders possible given the small free float already reported.

[simonsaid1] 19/9/2017 11:03

Simon Thompson confimed in comments section of his article yesterday that he'll be covering this update. When he does, expect some uplift as usual.

[chimers] 19/9/2017 10:56

At the full year results in March we reported that Bango, the Direct Carrier Billing (DCB) specialist, was beginning to motor and it looks as if they are making consistent progress. Over the six months to the end of June, they have added more billing routes, started providing DCB for Amazon in Japan and seen their revenues double (to £1.7m) and losses fall by 35% (to £1.7m at the after-tax level). Cash balances were maintained at around £5.6m. This acceleration looks to have been reflected in the share’s performance. It has more than doubled over the past year and is over five times the level of its low, just 18 months ago.

Brokers are confidently forecasting a move into profit in calendar 2018.

There are several clear reasons for optimism. Firstly, underlying business is very strong, with end user spend over Bango’s DCB platform doubling year on year, the growth being supplemented as new routes and operator/appstore relationships are added.

Secondly, Bango is beginning to benefit from its analytics business (“Bango Boost”). App stores and games developers can drive increases in purchases as they use insights from Bango’s behaviour analysis. Network operators are migrating to Bango’s platform rather than providing the service direct themselves. The decline in margin on end-user spend has slowed.

Finally, the link with Amazon Japan is opening up new possibilities. It is early days, but a much wider range of products is being sold over Bango’s platform and there is a greater propensity among Japanese consumers to use DCB rather than other e-commerce methods.

Costs appear under close control and the company is recruiting carefully to add skills in new geographical markets. The platform, recently further enlarged, can cope with much higher volumes without significant investment. With rising revenues, the profit outlook looks bright.

[smallcapinvestor1] 19/9/2017 10:02

IsareadyEus is the volume of all transactions being processed on the platform.Eus Revenue is the profit margin they make on this...1.8%The revenue they reported was on the total eus they processed up to the half year.The annualised run rate is the eus they are processing now at the same margin we hope.

[egrid1] 19/9/2017 10:01

Perhaps it is time for a scrip issue to improve liquidity in the shares...

That might also give rise to further price increases.

[oshy92] 19/9/2017 10:00

TV Interview with CFO Rachel Elias-Jones following results:

www.fmp-tv.co.uk/company/bango-plc-investor-video/

[chimers] 19/9/2017 09:59

Shareholder: Number of shares (% of issued share capital)
LIONTRUST ASSET MANAGEMENT: 10,934,442 (16.63%)
HERALD INVESTMENT MANAGEMENT: 9,056,267 (13.77%)
ODEY ASSET MANAGEMENT LLP: 7,088,000 (10.78%)
MR RAYMOND ANDERSON: 6,614,949 (10.06%)
MR ANIL MALHOTRA: 3,976,815 (6.05%)
HARGREAVE HALE: 3,316,450 (5.04%)
INFLECTION POINT INVESTMENTS LLP: 3,095,139 (4.71%)
MR RICHARD SNELLER: 3,025,000 (4.60%)
CAVENDISH ASSET MANAGEMENT: 2,603,840 (3.96%)

[chimers] 19/9/2017 09:59

There are no nominee holdings in BGO all instis or net worthers etc.

No retail nominee holdings accounted for

[egrid1] 19/9/2017 09:56

"We also note that Bango has traditionally reported seasonality in revenues with H1 contributing between 35% & 43% of the annual figures"

That is not really "seasonality", though, it is more a consequence of the very fast growth rate. The second half has benefitted from more organic growth in the first half year, giving rise to a bigger second half figure.

With the growth at current levels, we should see such an outcome again in the second half.

Edit:

Having taken another look at the figures, there does indeed appear to be some seasonality to them. Looking at second half 2016 and 1st half 2017, the growth is fairly small compared to the YOY figures.

[nimbo1] 19/9/2017 09:50

is there a results presentation today?

[simonsaid1] 19/9/2017 09:43

Chimers does that 76% figure include nominee accounts?

[nimbo1] 19/9/2017 09:37

this will get more coverage by ST this week too. V happy to be a holder here for the next few years of growth.

[chimers] 19/9/2017 09:15

Only 16m shares not held by instis and Diretors etc!!

76.62% of all shares in issue held by them.

[simonsaid1] 19/9/2017 09:12

Amazing set of figures, especially the last few months, astonishing growth.

And all this in what is traditionally Bango's weaker half of the year, and with Amazon Japan only appearing in the last couple of months of the figures!

The next half should be the most successful in Bango's history by some margin. It'll contain a full period of Amazon Japan results, more new contracts, more of this breathtaking growth (rate of which continues to accelerate so no reason to stop now) and a crucial move into net profitability and then some. We've always said that when this hits net profitability it'll rocket due to low costs and high growth - looking forward to EBITDA next half enormously.

Finally, note the 'stress test' they mention to 5bn in transactions. Ask yourself why they would be doing this, when previously the capacity was stated at 2bn if I recall correctly.

What a business!

[isaready] 19/9/2017 09:11

Smallcap.

Thanks. Sorry I'm a little confused by the err and eus.
Eus is their revenue?

And you're saying revenue is 7.2m

[chimers] 19/9/2017 09:05

Only 65m shares in issue its as tight as a nuns chuff!!

Its going to £10 plus!!

Everytime you buy online chances are your contributing to my yacht!!

[amt] 19/9/2017 08:49

Not much selling which bodes well for short term share price

[chimers] 19/9/2017 08:43

100% year on year GROWTH ............is the kinda growth I likes.

Doubling in size each and every year for the next 10 yrs is predicted.

This is your ASOS right here lads.

[amt] 19/9/2017 08:42

So could we see 10m revenue next year, perhaps more.

[smallcapinvestor1] 19/9/2017 08:41

Aug exit run rate is 42% ahead of cenkos forecasts. Upgrade made.