Bango Share Discussion Threads

[arcadian] 15/11/2017 15:12

Chimers

Have you got a link to the IC Podcast? I can`t find it on their site. That doesn`t mean it`s not there but makes me question you.

PS Simon has been most helpful and provided the early guidance I needed in the Bango foothills.

[simonsaid1] 15/11/2017 14:53

That latest video is interesting. He had to talk up the company but couldn't yet mention the Amazon deal, despite the fact that it was most likely already at an advanced stage! He had to talk to partners and potential partners and investors all day but couldn't mention one of the biggest deals in the company's history!

I see lots of buys today, if you're one of our new investors, please say hi, this is a (mostly) friendly board.

[chimers] 15/11/2017 14:49

Yeah but techies dont even wash.
Whats unusual about him is that he is not 18 stone and wearing a manky beard.

[egrid1] 15/11/2017 14:41

Look at his shirt!

It is either the same shirt or one very very similar over a 7 year period - that is a guy that does not take big risks. No flashiness. He is not interested in enriching himself with the companies money.

The jacket (raincoat) was the same at the last two events too.

[simonsaid1] 15/11/2017 14:25

egrid I just went through them and I don't know what you mean! The fact that it's the same Ray Anderson?

[chimers] 15/11/2017 14:24

Its from the IC comment today Obvs a typo

[egrid1] 15/11/2017 14:18

There is something that I really like about this company...

Take a look at these three videos, one is from 2010, the others 2016 and 2017.

What do you notice?







It's quite funny when you realise... but for me it adds confidence in the management.

[chimers] 15/11/2017 12:23

Bango (BGO) announced the launch of operator-billed payments for those Google Play users with 9mobile in Nigeria. The 9mobile 9pay wallet allows Nigerian customers to make payments in Google Play without requiring a bank account. Chief executive Roy Anderson said this “is an important milestone for Bango”, enhancing the company’s presence in Africa. Shares were up just over 1.5 per cent at the time of writing. Buy.

[chimers] 15/11/2017 12:19

Poor oppie, maybe your good with crayons huh!!

[opodio] 15/11/2017 12:13

be down trend resume tomorrow

stay out of market imho

[milly17] 15/11/2017 12:07

IC love this share, just tipped again now as a buy with a note on the Nigerian news under their "Today's Market Overview"

[chimers] 15/11/2017 11:56

Bango said Nigeria is tailor-made for mobile money solutions due to the combination of a highly unbanked, highly mobile-first population.
Mobile payments specialist Bango plc (LON:BGO) said its platform is now being used by Nigerian mobile network operator 9mobile to enable purchases through Google Play.

Through the 9mobile 9pay wallet, customers in Nigeria can pay for media, games, apps and digital content in Google Play with one-click, without the need to own a credit card or bank account.

Bango extends direct carrier billing for Amazon customers in Japan
Bango said Nigeria is tailor-made for mobile money solutions due to the combination of a highly unbanked, highly mobile-first population.

Electronic wallets are typically distributed by mobile operators in Africa and offer consumers a means for making important financial transactions, including sending and receiving money, paying utility bills, school fees, wages, topping up air-time and much more.

"We are delighted to have added the ability to place the charge for content and services from Google Play to the 9pay wallet in Nigeria, in partnership with Bango,” said Adia Sowho, director of digital business at 9mobile.

Bango's chief executive, Ray Anderson, said that enabling 9mobile to launch its 9pay wallet as a payment option in Google Play was an important milestone for Bango.

Bango expands business development activity in South Korea for digital, physical and IoT payment services
"With high Android device penetration and a low banked population, Africa has become a prime market for transformative mobile payment solutions. Direct Carrier Billing and stored value systems such as 9mobile 9pay wallet provide a safe, simple mechanism for increasing access for millions to digital content and services," Anderson said.

[simonsaid1] 15/11/2017 11:50

I also wanted to address the poster earlier who said Boku's revenues were X times larger than Bango's. Rather than talk about the actual companies here, this issue is actually a question of accounting procedures.

Bango reports 'revenue' as gross income from activities. Boku is counting all end-user spend through the platform as revenue. Bango used to use that same system but it was misleading (end user spend really is the retailer's revenue, not the payment processor's) and they switched a few years ago.

If you want comparable figures you'd have to use Bango's run-rate EUS figure, which was at £400m at the end of August, but this was before the Amazon Japan deal and lots of other new stuff since then. This also doesn't account for additional revenue from analytics products ('Bango Boost'). So the 'revenue' figures for these 2 companies cannot be easily compared. This happens sometimes with AIM where reporting obligations for companies are not as stringent as main-market, meaning investors cannot always compare apples to apples.

Bango is a higher-quality product (integrated with merchant systems and with full data analytics VS Boku's basic SMS system) and appears to have caught the zeitgeist as more companies are signing on constantly, and all are using terms like 'standardisation' with regards to the Bango platform. There is a reason.

As a reminder, Bango partners include Amazon, Google, Microsoft and PayPal, along with many of the world's most popular mobile operators and MVNO's. These guys aren't stupid.

[woodcutter] 15/11/2017 11:49

nigeria deal just adds to the exisitng growth in the platform and could be an added game changer imv. added after the news broke

woody

[simonsaid1] 15/11/2017 11:39

I have said this on here before. The most exciting thing about Bango, beyond the sheer breadth of deals being done, is the capacity in its platform for data analysis. This sounds like a purely technical point but it has thoroughly commercial implications.

Always look out for information on 'Bango Boost'. Here is Bango's white paper on the product which I strongly advise reading to understand your investment better:

hxxps://bango.com/Files/Pdf/WhitePapers/bango_boost.pdf

Bango regularly cites revenue uplift of 20-40% for clients who use Boost. This product is a huge part of Bango's appeal, but is completely inaccessible to Boku who do not have access to this kind of information. This is because Bango is integrated into retailer checkouts, whereas Boku uses a more old-fashioned text-message based system.

Not only does Boost increase revenue for the retailers and therefore End User Spend (EUS) through Bango (reminder: Bango takes approx 1.7% of this as profit) - also consider that Boost is a very high margin product, as it is maintained by Bango's existing in-house developers and is simply another software product for them to 'switch on' for a client.

It's obviously being taken seriously as Google Play are using Bango Boost, among others.

The newest version of Bango Boost is a companion product for app developers so that they can get the same kind of data from inside their apps. Again a very low-overhead way to increase Bango's revenue and profits. This is a very smart young company and a very, very different beast to Boku.

[mad foetus] 15/11/2017 11:29

Just took an initial stake. Wanted to buy more but had to settle with 3331.

[chimers] 15/11/2017 11:19

DATA is the new OIL.?

[egrid1] 15/11/2017 11:15

"Apple do not share this data so processing payments for Apple is low margin with no added value. Simply processing that's all."

A very good point Smallcap.

Data is everything, and it is what the merchants will want, that is why Bango is expanding as fast as it is.

[lentjes] 15/11/2017 10:40

Obviously with all the news flow coming out of Bango there is a Investor Relstions exercise taking place for what ever reason and therefore they may decide to surprise the market / or maybe required to notify the market due to a significant change to market expectations with an early trading update.

Now that would be an early Chrimbo prezy

[chimers] 15/11/2017 09:56

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.

[thomas4billing] 15/11/2017 09:50

True !! As a new shareholder of Boku only from November 20th as not quoted before, an old friend of Bango for few years and I will keep my shares as anyway I bought them for cheap so I still have plenty of margin in front of me and I believe in the Mobile Billibg space and I am new in London after living few years in Spain. But fair enough, I will leave you sending compliments to each other to feel more secured as life is already brutal enough. Long life to Bango... and Boku !

[smallcapinvestor1] 15/11/2017 09:35

Key differentiator is data. Bango customers DO allow them to collect and use the data which they use for bango boost technology.Now they use this data to win business from the content developers too.Apple do not share this data so processing payments for Apple is low margin with no added value. Simply processing that's all.

[chimers] 15/11/2017 09:26

In other news its nice to see that currently Mugabe is being raped with a scaffolding pole (well one hopes) just like Gaddaffi was before they put a bullet up his japs eye.