Bango Share Discussion Threads

[chimers] 06/10/2017 19:14

Bango are being conservative with all their forecasts.

Bango stress tested their systems so they could handle £5 billion worth of transactions and they expect it to get tested for real over xmas.
IT WILL.

They will over time increase their systems to handle tens of billions of pounds worth of transactions.

Major companies all over the entire world are hammering on Bangos door to do business.

THIS IS ASOS PART 2.

I AM BEING SERIOUS.


"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."

[chimers] 06/10/2017 19:04

Every single time you see ANYONE around the world paying for an APP or such like on their phone, the chances are BANGO are earning 1.8% of the transaction.
Clash of Clans......................BANGO
CANDY CRUSH.............BANGO
The APP store...........BANGO
AMAZON JAPAN.........................BANGO
GOOGLE...........................BANGO
MIOCROSOFT............BANGO...........


BANGO
BANGO
BANGO
BANGO
BANGO

Its BANGO............all the way down.(clever folk will get this one :) )...............clue...........turtles.

[chimers] 06/10/2017 18:49

Anything else ?.....................anyone ?

Good , I can get back to my pint.

[chimers] 06/10/2017 18:49

As you can see its basically 1.8% on average.

[chimers] 06/10/2017 18:48

The company in their results and from ST's articles in the IC.

EUS revenue expressed as a % of EUS was 1.79% (1h2016: 1.67%). Bango expects that total EUS revenue expressed as a % of EUS for FY2017 will be in-line with market forecasts going forward.

[scooper72] 06/10/2017 18:26

Chimera where do I get that commission figure from? Just want to be able to check that out. Happy if it's correct but sounds like a lot. Btw the docu was quite good. Thnx for high lighting it. Might buy some PayPal

[chimers] 06/10/2017 17:09

Got that ?.....................gooood.............

[chimers] 06/10/2017 17:08

"1.5 to 1.8%"

[chimers] 06/10/2017 17:08

"They get 1.5 to 1.8%"

[chimers] 06/10/2017 17:08

"They get 1.5 to 1.8% of the total transaction value as their fee for processing the transactions"

[chimers] 06/10/2017 17:07

Oh I am perfectly sure .
If I wasnt sure I WOULDNT POST IT!!!

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.

[lentjes] 06/10/2017 17:03

Simon

We are only just below where we started the week so all good with me

Have a great weekend

[simonsaid1] 06/10/2017 16:53

Just volatility, this is a highly illiquid share.

Direction of travel remains clear and I continue buying the dips.

[bookbroker] 06/10/2017 15:38

So what’s with the falling share price, someone keeps remarking how BGO gives and gives, most of the time it’s on the take, I’m holding a tiny amount, might acquire another nibble!

[bookbroker] 06/10/2017 14:56

No chance of that commission, more like 0.185!

[slaccs] 06/10/2017 12:36

Chimers - Are you sure about this 1.5 - 1.85% commission? That sounds huge. I can't imagine any of the CC companies being able to get that sort of commission from Amazon.
I am a holder of BGO.

[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!