Bango Share Discussion Threads

[simonsaid1] 05/10/2017 11:24

Lol bookbroker - it's down 0.4% after a bull run. You're nutso.

Volatility is normal for Bango, check the charts - low liquidity so it's always volatile. Around 75% of shares are BoD and II's, and the publicly held ones are infrequently traded.

The overall direction of travel is what to look at (if you have a tech chart, use SMA), and that's most definitely up.

[bookbroker] 05/10/2017 11:19

Keeps falling, something smells here!

[nimbo1] 05/10/2017 10:44

well i just snapped up another 5000 shares, expecting big things here over next 24 months

[chimers] 05/10/2017 10:42

lol..............Billion Dollar Deals and How They Changed Your World

[simonsaid1] 05/10/2017 10:35

Chimers, can you remember what the documentary was called?

[woodcutter] 05/10/2017 10:18

taken a small position lets see how it runs

woody

[chimers] 05/10/2017 10:09

Watch the BBC2 docu that I advised watching last night and you will see exactly where Bango are headed.
It is a documentary about BANGO more or less.

[scooper72] 05/10/2017 09:01

Thanks small cap.

[smallcapinvestor1] 05/10/2017 08:46

Bangos platform connects app stores and retailers to hundreds of mobile network operators in hundreds of different countries and deals with all the different technological integrations, tax laws, currencies etc. It's extremely complex hence why it has taken so long to build.

[scooper72] 05/10/2017 08:18

Thanks for the reply Lentjes

[lentjes] 05/10/2017 00:03

They probably could over time, problem they have is they don't have the time as Bango are so far ahead of the game

[scooper72] 04/10/2017 23:46

Can some one explain why Bango's ability to process payments between merchants and customers via their software and end up with the payment being taken at the end of the month through the customers' monthly direct debit on their phone contract is not something other fintech companies or banks can't just in some way copy? What I am trying to figure out is how big the moat is.

[muffster] 04/10/2017 23:13

Also Consider more the data market, huge opportunities being exploited to analyze customer spend by Bango and target ways to boost spending.PSD2 will reduce the bank's monopoly on their user's data.

[chimers] 04/10/2017 20:28

Ray Anderson

''When you look at the world, we've got about 3 billion users with smartphones in their hands and that's forecast to increase to nearly 6 billion over the next 5 or 6 years and yet at the same time the ways people pay for things, traditionally using credit cards, hasn't really grown very fast''.

''There's that huge gap - and that's where Bango fits. We enable any of the merchants to hook into any new payment method that emerges to fill that gap so with billions of new users emerging wanting to buy things ... we think the market ahead of us is huge''.

[chimers] 04/10/2017 20:28

THIS IS YOUR ASOS MOMENT

GRAB IT!!

[chimers] 04/10/2017 20:25

BANGO are right at the forefront of this.

Whoever owns BANGO controls the game.

[chimers] 04/10/2017 20:25

£6.5 BILLION IS = TO £100 PER SHARE.

Thats cheap.

Whoever pays that or less gets the bargain of the century.

Pay-Pal is the model to follow to give you an idea of the scope here.

Except this will SWAMP PayPal.

THERE WILL BE NO CASH IN 10 yrs TIME.

As in.............THERE WILL BE "NO" CASH

[chimers] 04/10/2017 20:21

Of course it will get bought out long long before it hits such levels but it WILL be bought out for several BILLION.

[chimers] 04/10/2017 13:03

Dear @@@@@@@@,

I confirm that the majority of the ‘Prepayment and Accrued Income’ figures is accrued income.

Bango revenue is the fee charged for each transaction. Bango does not report on the income statement whether Bango is principal or agent in transactions. Some customers prefer Bango to operate as principal – meaning that the cash flows from the operator to Bango and then to the Merchant. Some of the funds within accrued income relate to sums due to arrive from operators, (the EUS with operator fees deducted) with a corresponding growth shown in an increase in payables (sums due to go out merchants or app stores).

As the total EUS is growing rapidly, and the timing of cash coming in from mobile operators around the world varies and they work in different time zones, these amounts can vary significantly at the end of any particular month.

Bango only shows the Bango fee as Revenue.

The Bango system and associated contracts ensure that no sums are paid out to merchants until the funds have cleared from operators. This is referred to as “the golden rule” and ensures that Bango does not have a risk of paying out before cash arrives in.

Bango appreciates investors might use calculations such as debtor days to assess the likely recoverability of debtors. The negligible bad debt costs in the last few years (£4k in 2016 and £22k in 2015) will reassure you of the recoverability of Bango debtors.

Kind regards

Rachel

[simonsaid1] 04/10/2017 11:25

Just bought the dip. This is the share that keeps on giving!