Bango Share Discussion Threads

[haozhen] 03/11/2017 14:09

I Look carefully at this notice.
I see old dying business of sms style and phone number with high fix cost.
I see some new busness but must be very low revenue from transaction value - maybe some Apple or Google - it might be 30 basis point - look at billion go to mellion.

I see big cost like twenty million or more uk ponds but the revenue said in dollar to make look big. I see - like other thread chat person a big need for cash to cover huge loss - but hope of profit but what is ajusted ebidtda - what ajustment - is it have som ebogus profit. Or is it som ereally good thing. We need more on this before justify $1,200,000,000 market cap worth !!!!

Make me feeling BGO.L is still a good value with now break even and more lot to come on trhoughh.

What you think Simon?

[chimers] 03/11/2017 13:45

Boku are desperate for cash hence them coming to AIM to raise funds.

Not exactly self sustaining then are they!!

And nowhere can I see where they mention doing DCB.

And their revenue numbers are in US dollars.

[glawsiain] 03/11/2017 13:38

isn't revenue simply EUS multiplied by the % that goes to the platform? i.e. bango should be around 350m x ~0.0175 this year. So 6m plus whatever bango boost charges.

[lentjes] 03/11/2017 12:50

It will be interesting to see what Boku will ask on the SP

[gsbmba99] 03/11/2017 09:02

Intention to float announcement from Boku. Could have very interesting implications for BGO. They will be heavily marketing the merits of DCB beginning in about 2 weeks time. They look to be substantially larger than BGO. Revenue for 1H17 (to 30 Jun) of $10.2m.

[chimers] 03/11/2017 06:59

“unprecedented” in scale."

[chimers] 03/11/2017 06:58

"Strategic partnerships are the key to Bango's expansion. Management says its deal with Amazon Japan in June is “unprecedented” in scale."

[chimers] 02/11/2017 23:47

Theres more .

[chimers] 02/11/2017 23:45

"By Harriet Clarfelt IC."

"Despite escalating demand, the company kept operating costs stable at £2.7m in the first half (against £2.5m in the previous first half). With a solid net cash position of £5.6m, Bango's bosses reckon the company should fund itself through to operating profitability by the end of 2017 and Cenkos forecasts profits in 2018 at both pre-tax and cash-flow level.

Strategic partnerships are the key to Bango's expansion. Management says its deal with Amazon Japan in June is “unprecedented” in scale. It allows payment via direct-carrier billing for goods in Amazon’s third-largest market, and reaches over 75 per cent of Japanese users of Android and iPhones via the NTT Docomo and KDDI networks, and the relationship with Amazon could extend to more countries; meanwhile it gives Bango credibility with other retailers who want to expand in Japan."

[chimers] 02/11/2017 23:44

"By Harriet Clarfelt IC."

"Bango generates revenue from each transaction processed on its platform, and results for the six months to 30 June revealed impressive progress. The value of transactions processed - in the trade, 'end-user spend' - doubled to £92m and that fed through to revenues for Bango - effectively gross profit - of £1.7m (£0.8m). Analysts at broker Cenkos expect end-user spend to increase dramatically from £132m in 2016 to £282m in 2017 and £593m in 2018."

[chimers] 02/11/2017 23:42

"By Harriet Clarfelt IC.

Over the past 20 years or so mobile phones have become a near-necessity of modern life. Their uses transcend voice and text communications, with a fast-growing addition being online payments – a process facilitated increasingly by so-called 'direct carrier billing', which lets consumers charge purchases made on their smartphones to their mobile bills. This easy way of spending money is growing especially fast - Ovum, an IT consultant, expects its global transactional value to reach $25.3bn (£19.1bn) by 2020, from $16.6bn in 2015."

She is a fukwit though!!

[lentjes] 02/11/2017 23:09

Best ever tip for Bango.

Don't sell until the share price hits £10 and that's only if you're about to retire or need the cash

It's a no brainier

[muffster] 02/11/2017 22:49

You've been bango'd

[milly17] 02/11/2017 22:29

Hi Bango tipped as a buy at 233 in IC online by Harriet Clarfelt
"More Bango for Your Buck"

[simonsaid1] 02/11/2017 12:33

PSD2 is a very good thing for Bango. Previously DCB in Europe was for digital goods only, but with these new regulations physical is allowed for the first time.

The €50 limit is already looking like it may not apply in all cases, but even if it did, that is vastly higher than current typical DCB transactions, and would cover a huge chunk of retail purchasing.

It also opens the door for future limit raises, just as we've seen with the rollout of contactless mobile payment in retail.

But as explained in the comment above quoting Bango, the limit actually won't apply in all cases.

[muffster] 02/11/2017 07:54

So all in PSD2 is an opportunity to gaim business and shouldn't affect Bango

[muffster] 02/11/2017 07:52

Note from Bango PSD2 proposes to impose these spending caps on carrier billed payment, to the extent that it benefits from a carve-out to the general Directives applying to online payments. There are two points to consider around the application of PSD2:First, we are already encountering different interpretations in different markets.Secondly, the restrictions apply IF the operator depends on the carve-out to offer operator billing. Some operators - notably the bigger ones – already have some kind of payment processing license that allows them to operate on a much broader basis, rather than depending on the criteria that restrict the carve out.It isn't clear yet how much spending will be impacted by these restrictions. For the digital content and services sector, not likely to make a significant difference. What it potentially limits is the number of operators who will think about expanding the application of carrier billing beyond digital.Having said all this, the focus for Bango currently is increasing the reach of carrier billing to more customers. We do want to encourage more individual spending as well (most customer spending is much less than the PSD2 limitations), in partnership with developers who influence consumer behaviour more than the Stores themselves.

[chimers] 01/11/2017 23:51

Cambridge mobile payments company Bango has set out its stall for major growth in South Korea as its technology continues to gain traction in Asia.

[chimers] 01/11/2017 23:49

LONDON (Alliance News) - Mobile payment company Bango PLC said Wednesday it is to expand its presence and business development in South Korea, including the appointment of a new country manager.

[simonsaid1] 01/11/2017 11:31

Here is the post I wrote on LSE earlier regarding South Korea:

We will get another RNS next month to say run-rate profitability has been hit, IMO. Myself and a few other investors I know have been contacting Bango urging them to be more communicative between results/trading update RNS's and it looks like they got the message.

South Korea is a huge consumer market and very tech-savvy. I encourage all Bango investors to spend some time researching mobile payment in South Korea. I did a bit of reading on it this morning and it got my mouth watering. It's massive there, way way ahead of us. First, some facts about mobile payments there in general (think about what it means to have even a small piece of this pie):

- Transaction Value in the Mobile Payments segment amounts to US$4,620m in 2017.
- Transaction Value is expected to show an annual growth rate (CAGR 2017-2021) of 49.1 % resulting in the total amount of US$22,863m in 2021.
- In the Mobile Payments segment, the number of users is expected to amount to 16.3m by 2021.
- The average transaction value per user in the "Mobile Payments" segment amounts to US$440.84 in 2017.
- From a global comparison perspective it is shown that the highest transaction value is reached in China (US$138,272m in 2017).

Source: hxxps://www.statista.com/outlook/331/125/mobile-payments/south-korea#

Next, consider that credit card penetration there is just 56%. The population is 50 million people with an average age of just 41, and an average income of $27k USD and smartphone penetration of an astonishing 91%. This is a model consumer economy (hence their culture's obsession with Western luxury brands right now).

Source: hxxps://www.mobilepaymentstoday.com/whitepapers/carrier-billing-in-asia-2017-market-report-by-fortumo/download/

From the same paper, we can see DCB is already the third most popular payment method for digital gaming. I have yet to find good statistics for DCB use overall in the country, but it's the prime type of market for this to emerge. I welcome any research anybody can add to this, I'm just developing a picture of what this could mean for Bango. It's very similar to Japan, and has encouraged me to continue adding to my holding.

[simonsaid1] 01/11/2017 10:51

So South Korea and India both coming online, and both with no restriction on physical goods via DCB (which carry a much higher average spend/EUS).

Add that to Amazon Japan physical goods, and the EU legal changes PSD2 meaning all of Europe is about to become able to buy physical good via DCB. Even a very small slice of that pie is HUGE money to a company the size of Bango.

How are people not seeing this? Lol.

[lentjes] 01/11/2017 10:23

India looking the like next big market for Bango especially once the Idea / Vodafone merger is complete which should give us approx 400m subscribers all with their brand new smartphones.

We also still have LATAM to come

hxxps://www.developingtelecoms.com/business/trends-forecasts/7398-india-overtakes-us-as-world-s-second-largest-smartphone-market.html

[18bt] 01/11/2017 10:08

Just topped up a bit on EBITDA positive

[chimers] 01/11/2017 10:01

Thats nearly good!!