Bango Share Discussion Threads

[chimers] 06/10/2017 09:12

PS...........please try and remember folks ..........THIS IS A BULLETIN BOARD..................not some gentlemens club in the Strand.
what what what...........

[chimers] 06/10/2017 09:07

However...............YOU WONT SELL YOUR PIES IF YOU KEEP THEM UNDER THE COUNTER.

[chimers] 06/10/2017 09:07

Yes leading, I always SLAUGHTER the trolls and then I will ease off and let your thread get back to normal.
Dont sweat it.

[chimers] 06/10/2017 09:05

Awwwwwwwwwwwwwwwww.................blush...........

[archway1] 06/10/2017 09:05

Please keep posting Chimers , your the only one on these sites worth listening to.
I have made a fortune following your advice thanks!!

[leading] 06/10/2017 09:04

Chimers,

re 1902. I did contact the company and received the same reply as you did. As you had already posted Rachel's reply, I didn't want to clog up the Board with an unnecessary and repetitive post. I am sure you would agree those can be annoying!

[chimers] 06/10/2017 09:00

CLOG CLOG CLOG...........................

[chimers] 06/10/2017 09:00

Bango only has 65.5 million shares in issue.

Only 16 million of them are free floating the rest are held by instis and directors.


Of that 16 million there will be some large holders who hold just under 3% so dont have to declare an interest.
Some prefer to be under the radar.

Thus its reasonable to conclude that with a company like Bango about 8m of them will also be held by instis or net worth individuals.

This leaves an amount of around 8 million shares for "us"
But I also expect most of them to be held firm.

The true amount of shares in free float will be around 2 million shares in my opinion.
Thats why its so volatile.
And................you aint seen nothing yet.

[chimers] 06/10/2017 08:59

Take the recent AMAZON deal for example

Bango secured a tie up with AMAZON JAPAN to use their mobile payments system.
This means 123 million users in will now use Bangos payment platform.

Amazon Japan turns 1 TRILLION Yen per year which is equal to £7.8 Billion pounds Sterling.
Just about 50% of all Japanese pay using mobile phones and NOT credit cards.

Amazon Japan does about 1 third of its £7.8 Billion turnover per year during the Christmas shopping season.
Guess what guys................its the Christmas shopping season NOW.
And past figures for Bango dont include any of the AMAZON numbers ...........yet.


BANGO IS A MULTI BILLION POUND COMPANY.

If it was not bought out (it will be) it would become one of the FTSE's LARGEST companies and soon.

But it will be bought out before that happens.

[chimers] 06/10/2017 08:59

I know a few of you already "get it"
But most people dont realise the enormity of what BANGO is until they watch this..............'Billion Dollar Deals and How They Changed Your World'

Its going to become a multi Billion pound company.
It already transacts Billions of pounds.

It will get taken over and for a vast sum.
There is no ifs or buts.

And for those who dont get what Bango does then think of it like this.
There was a film once where a guy working in the payroll dept of a vast organisation like a government had the job of processing the payroll cheques.
He noticed that nearly all of them had an amount of a quarter of a cent or a tenth of a cent etc which was rounded down before the cheque was printed.
So he decided to siphon off all the tiny fractions of a cent from every single pay cheque into a secret account he set up.His thinking being that nobody would notice such a small amount and that he would make a few extra quid each year.
But..........he did get noticed as he became a BILLIONAIRE in a very short space of time.

Well Bango gets more than a fraction of a cent.
Bango earns between 1.4 and 1.7% of every single transaction done using its system.

[muffster] 06/10/2017 08:54

Small cap, chill out he's raised some good points. Particularly the often overlooked massive market potential here.

[smallcapinvestor1] 06/10/2017 08:53

If it's your profession you must be fca registers yes? How about behaving with some integrity.If you are not fca then you are nothing but a spiv trader, even if you haven't realised it yet.

[chimers] 06/10/2017 08:52

MY THREAD NOW...................MY THREAD.

[chimers] 06/10/2017 08:51

This is a full and accurate transcript of the IC Bango podcast.
Take note that its because of the very strong chance a predator might strike NOW!!
that you cant afford to risk trading this one you have to be IN and stay IN or risk losing out on mega profits.

ST.
"Bango is 'really' interesting ,I had the Board all on the telephone earlier this week.
I gave them a grilling on it and its a very hot stock at the moment.
They provide state of the art mobile payments platforms that allows smartphone users to charge purchases in App stores to their mobile phone accounts.

They have been winning 'LOTS AND LOTS' of business and the end user spend processed through this platform started the year at £195 million pounds by June it was up to £300 million pounds and by the end of August it was up to £400 million pounds, and this is even before you include the new Amazon deal with Japan ,which will allow 123 million customers of the 2 largest mobile carriers in Japan to make purchases on Amazon Japans web site and actually bill them to their telephone accounts.And to give you some idea of the size of that market the turnover of Amazon Japan last year was 1 trillion Yen which is 10 Billion Dollars so its about £7.8 Billion sterling and only 52 % of users in Japan actually pay by credit card, it has a very low credit card penetration whereas mobile phone usage is very high so that deal has basically opened up not just Amazon but other retail users to the potential of this payment platform.

And during my call with Ray Anderson who's the Chief Executive of Bango he revealed , which wasn't revealed in the release that they have been contacted by lots of international retailers who want to get into the Japanese retail market.
But until this point they haven't been able too but as a result of seeing what Bango has been doing with Amazon in Japan it has created a huge amount of interest, and the other thing that he revealed which is very very interesting is that the company poached 2 middle eastern mobile operators who migrated their Google play routes over to Bangos mobile platform, and in their first half they both immediately saw a 35% increase in their end user spend.

Basically Bango has this software product which enables more cost effective and targeted marketing programes for clients content and client services and it was this Bango boost that actually led to these increases , and during my conversation with Mr Anderson he said that he has identified and I quote " other sources of migration that can bring in Billions of dollars of end user spend."
Their end user spend at the moment is £400 million pounds at the end of August , that's 42% ahead of the house brokers forecast.

"Interjection by IC podcast presenter".......' Mobile payments is something that I dont think anyone has really cracked and it does look like Bango has found that magic ingredient however the turnover just now is quite small , what will be the inflection point that turns this into a 'mega' company?'

Their going to hit and this is another quote "we are going to hit profitability within weeks."
So their operating costs are pretty stable at £5.4million pounds per year , they get 1.5 to 1.8% of the total transaction value as their fee for processing the transactions so with operating costs stable and the end user spend doubling each year , year on year for the last 3 years its now over £400 million pounds then as soon as it moves into profits then your going to see a very sharp rise in profitability thereafter.

"Interjection by IC podcast presenter"......'So there is massive operational gearing then ?'

I have never seen anything like it to be honest, and I have covered hundreds and hundreds of companies over the years but this one really excites me given 'A' the market that its addressing plus the operational gearing of the business and my model ,these aren't analysts models but my model suggests that if they continue doing what they are doing then by 2020 they could be processing upwards of 2 billion dollars of transactions ,turning that into sterling their gross profits could be £20 million pounds and if you deduct operating costs your looking at net profits of around £10 million pounds for a company thats got a market value of about £170 million pounds today ,I would put a target price of £3 pounds but that is based on very conservative assumptions on the Amazon deal and also very conservative assumptions for their ability to pick up other Google play routes .
I think the risk here is massively to the upside .

"Interjection by IC podcast presenter"......'Its one that feels it could get taken out then especially if you think about the transactions that have taken place in the fintech market Worldpay being an obvious example , you know this has the feel of something that somebody might want ?'

Totally totally, AND, now because we are at that point where its actually profitable and it has cash in the bank as well
and people are getting excited of the potential market out there,and we are not even talking about the potential in India which is another country with very low credit card usage, but mobile telephones are really taking off.You know this is something across Asia that could be huge, they have offices in the Asia Pacific Rim and they are targeting Singapore and Taiwan being 2 that they discussed when I was on the phone chatting with the board.You know given what they have already done and the point they are at then yeah this could be an interesting target for a predator.

[mobtheplod] 06/10/2017 08:44

Chimers, I would like to thank you for drawing my attention to the BBC prog, just watched and learnt some very interesting facts, glad I am in for the long haul gla.

[smallcapinvestor1] 06/10/2017 08:37

Chimers you are wasting so much of your own and our time with these dull posts and clogging up what was always a sensible useful board before. Virtually every one in here holds the stock and knows more about it than you. Your ramping has no impact on any of us or the price of the shares. We mostly are all already big fans of bango with or without you here. Can you please go away.

[chimers] 06/10/2017 08:00

Bango only has 65.5 million shares in issue.

Only 16 million of them are free floating the rest are held by instis and directors.


Of that 16 million there will be some large holders who hold just under 3% so dont have to declare an interest.
Some prefer to be under the radar.

Thus its reasonable to conclude that with a company like Bango about 8m of them will also be held by instis or net worth individuals.

This leaves an amount of around 8 million shares for "us"
But I also expect most of them to be held firm.

The true amount of shares in free float will be around 2 million shares in my opinion.
Thats why its so volatile.
And................you aint seen nothing yet.

[chimers] 06/10/2017 07:52

Take the recent AMAZON deal for example

Bango secured a tie up with AMAZON JAPAN to use their mobile payments system.
This means 123 million users in will now use Bangos payment platform.

Amazon Japan turns 1 TRILLION Yen per year which is equal to £7.8 Billion pounds Sterling.
Just about 50% of all Japanese pay using mobile phones and NOT credit cards.

Amazon Japan does about 1 third of its £7.8 Billion turnover per year during the Christmas shopping season.
Guess what guys................its the Christmas shopping season NOW.
And past figures for Bango dont include any of the AMAZON numbers ...........yet.


BANGO IS A MULTI BILLION POUND COMPANY.

If it was not bought out (it will be) it would become one of the FTSE's LARGEST companies and soon.

But it will be bought out before that happens.

[chimers] 06/10/2017 07:44

I know a few of you already "get it"
But most people dont realise the enormity of what BANGO is until they watch this..............'Billion Dollar Deals and How They Changed Your World'

Its going to become a multi Billion pound company.
It already transacts Billions of pounds.

It will get taken over and for a vast sum.
There is no ifs or buts.

And for those who dont get what Bango does then think of it like this.
There was a film once where a guy working in the payroll dept of a vast organisation like a government had the job of processing the payroll cheques.
He noticed that nearly all of them had an amount of a quarter of a cent or a tenth of a cent etc which was rounded down before the cheque was printed.
So he decided to siphon off all the tiny fractions of a cent from every single pay cheque into a secret account he set up.His thinking being that nobody would notice such a small amount and that he would make a few extra quid each year.
But..........he did get noticed as he became a BILLIONAIRE in a very short space of time.

Well Bango gets more than a fraction of a cent.
Bango earns between 1.4 and 1.7% of every single transaction done using its system.

[muffster] 05/10/2017 22:33

And bango supports mastercard paypass wallet service.

[muffster] 05/10/2017 22:30

It does lent, one click payments from Bango to PayPal account. That partnership been in place since 2006.