Bango Share Discussion Threads

[davr0s] 31/10/2017 14:32

Call it what you want but when a trade goes through at the ask price and it ticks up (as it did) then it's likely a buy. They dropped the price with a few sells to get the price down and then stuck the order through. It will likely move back up now.... Anyhow I've got better things to go do now

[fozzie] 31/10/2017 14:30

Seems i have timed my entry here spectacularly badly, now down over 20% in short order, average down time i think.

[chimers] 31/10/2017 14:30

And its not the first one of size either.They are happening on a very regular basis.
You need to find out WHO and WHY and how many they have left to dump.

[egrid1] 31/10/2017 14:26

Hargreaves Lansdowne has it as a Buy - but with such a large order it would be delayed notification, and I suspect they have it as a Buy based on the price at time of notification... whereas the reality is that it is probably a sell order carried out earlier today at a discount to the then market prices.

IMO.

[davr0s] 31/10/2017 14:25

I can get a price to sell but not to buy - so classic shake to fill a buy order. I'm not unduly worried but it's a bit of a pain

[davr0s] 31/10/2017 14:21

It's a buy order being worked and filled IMO - was watching l2 as it happened

[chimers] 31/10/2017 14:17

75k shares dumped , has to be an insti and they have been at it a while.

[egrid1] 27/10/2017 11:28

Foolow up article to yesterdays:

[simonsaid1] 26/10/2017 11:43

Great find egrid.

Worth noting that in general, any article you read about DCB will highlight the high conversion rate. For the uninitiated, this refers to conversion from interest to sales, and the classic e-commerce problem of 'cart abandonment', the bane of all online stores.

DCB has very high conversion rates and encourages frequent small purchases. Couple this with the lack of requirement for a credit card and even a bank account, and you see why this has additional power in the developing world.

Another way to look at is in terms of friction. If you're a new site, getting customers to hand over their credit card details can be difficult, but DCB is relatively straightforward. So even customers who have credit cards but can't be bothered to type them in can more easily join up, without the e-tailer having to use PayPal or some other payment processor for credit cards, who take a considerable fee.

[egrid1] 26/10/2017 11:10

Another article...



The stand out for me was the following:

"DCB conversion rates are up to x10 higher than credit cards"

I knew that India, for example, lacked credit cards, and so DCB was a natural fit. However, if conversion through DCB is up to 10x higher, that mitigates to a degree against a danger of credit card take up accelerating. It also means that DCB is a better route for many other territories, even if credit card adoption is high.

[lentjes] 26/10/2017 06:36

Couple of good articles to read whilst eating your cornflakes this morning

First article covers the record levels of App downloads and growth in revenue for Q3 all adding to the Bango EUS.

Second article is even more interesting and covers the battle for App shopping in Asia and includes Amazon, Alibaba and Tencent. I'm sure its this battle and potential agreements which Raymondo was referring to in various interviews after the H1 results. If Bango can get a firm foot hold in this market which I'm sure they will (remember they have 15 agreements with the top MNO's in Indonesia) then its the Holly Grail of DCB todays share price will seam a distant memory.


hxxps://www.appannie.com/en/insights/market-data/global-app-downloads-consumer-spend-hit-q3-2017-recap/?

hxxps://www.appannie.com/en/insights/market-data/southeast-asia-the-latest-arena-for-shopping-app-battle/?

[lentjes] 25/10/2017 12:47

Thanks Simon

I knew I had marked that date for some reason

What about the USA for DCB physical goods, do regulations allow this already or is regulation change required ?

[simonsaid1] 25/10/2017 11:45

Seems the January trading update is generally on or around that date, in general second or third week of January.

For those not familiar, previously under European regulation PSD1, physical goods could not be charged to a customer's phone bill, meaning Bango had no way to do business with physical goods e-commerce businesses in the EU. The new version coming into effect next January, PSD2, finally permits this, meaning potentially a vast number of European companies selling physical goods online will be looking for a DCB provider (Bango being the biggest at this point).

PSD2 imposes a limit to single DCB transactions of €50, though it's debatable whether most users would want to put single transactions above that value on their phone bills in the first place. In any case this is the first step to a proper regulatory framework for DCB and a huge opportunity for many businesses, and Bango will be receiving contacts from many companies wishing to be ready for PSD2 come January.

The fact that this coincides perfectly with our next trading update means the possibility for some juicy extras in that update!

[lentjes] 25/10/2017 11:24

Does anybody know what the regulations are in the USA for physical goods and whether physical goods purchased via DCB is permitted. Just thinking which market could be the next for Amazon activation. The 2016 Amazon revenue states the following

USA US$ 90.35 billion
Germany US$ 14.15 billion
Japan US$ 10.80 billion
UK US$ 9.55 billion
Rest/world US$ 11.15 billion

UK & Germany could be activated on 13th January 2018 following the introduction of the new PSD2 legislation.

13th January 2018 ? now that sounds like a date I should remember and why is that date penciled in in my diary ???. Could be creatures of habit

[simonsaid1] 25/10/2017 11:00

I have been meaning to go back and collect that data for some time, thank you for actually doing it. Those of us who've been here a while are well used to this pattern now and doing very well with it.

[lentjes] 25/10/2017 10:57

What happens with no news and what news can do !

SP prior to Jan 2017 trading update range of 70p-80p

SP jumped to 114p following positive trading update 12th Jan 2017

SP dropped down to 103p pre 2016 results announced 14th March 2017 due to no further news since trading update.

SP jumped to 148p following Full Year 2016 results and positive out look

SP dropped back down to 127p due to no further news

SP jumped to 270p following Amazon Physical goods RNS

No further news what do we expect ?

Next news what do we expect ?

Be patient, news will come in good time

[simonsaid1] 25/10/2017 09:55

I have been quite peaceable on this thread and some good discussions have been had, including some issues around accounting procedures that were raised etc. What you call 'ramping' I call 'discussion' and if you have any actual disagreements with my points why not be specific?

When someone comes on like 'opodio' above and makes a ridiculous comment like 'massive market cap and frig all revenues', which indicates that they haven't done any research and don't understand anything about this company, I am amazed to find anybody defending them. 'slaccs' makes generic bearish comments merely whinging about the share price but not actually saying anything about the company.

If people have real concerns then discuss away - again, there has been good discussion here previously - but generic bearish comments are irritating to those of us who have invested time and money into this play. I don't give a hoot about your 'right' to post - what an asinine little defence. But don't expect not to get some pushback for posting drivel.

I'm as unhappy as any about the daily drip off the share price, but I've done plenty of research to assure me of the long term here, and in the short term I am in lots of other shares and very aware that AIM is extremely weak right now across the board. It amazes me how AIM investors just ignore the wider market when discussing their pet shares. A few risers here and there doesn't change that the AIM all share is having an abominable few weeks.

[smallcapinvestor1] 25/10/2017 09:37

I suggest you extend your time frame from weeks to years in this company. I have been in for five years and don't care what price does now or in days or weeks or even months ahead. The big money is not made quickly. No need to rush. You all need to chill out.

[chimers] 25/10/2017 09:10

£14k worth of trades lol .............

[mobtheplod] 25/10/2017 09:09

Absolutely DavROs, the fundamentals have not changed so patience required for a couple of months.

[davr0s] 25/10/2017 09:05

No volume and perfectly normal action so chill out

[bookbroker] 25/10/2017 09:04

Momentum seems to have ground to a halt, news badly needed here, it’s had a great run thus far but the last four months have seen little information to justify higher prices, holding for now but I would like to see MMs show some confidence.

[chimers] 25/10/2017 02:21

But your a frightened investor son.

[slaccs] 24/10/2017 19:27

simonsaid1 - You can't just have a go at people because they're not ramping the stock like you. I am a holder, not huge, just 7k at the moment and I can be concerned about my share holding and as a validated subscriber to ADVFN, I will vent my opinion about shares and if you don't like it then filter.