Bango Share Discussion Threads

[mad foetus] 16/11/2017 08:31

I'm no expert in charting, but you could make the case that the share price is about to break out of the high tight flag made after the last run up and should be good for a clear run up to £3.50. The HTF is, for non Chartists, the most reliable of all signals according to Bulkowski

[simonsaid1] 16/11/2017 08:28

Good point spawny. Problem is everyone is subscribed to this thread so will keep coming back here!

[chimers] 16/11/2017 08:26

There are way to many seperate entities involved for it to be a fraud.
Each customer will have run the system to test it etc.
Each client and partner will have done its own due diligence.
This is not a one trick pony.
This is like 'electricity' everyone is going to need it and everyone is going to use it some of the time.

[mad foetus] 16/11/2017 08:26

Should just add, I am already regretting not buying more yesterday! But I'm starting to feel I need to make space in the ISA for BGO, it looks like it could run and run.

[mad foetus] 16/11/2017 08:24

Anything can always be a fraud. But what I meant was simply that, the whole investment proposition sounds almost too simple and too good to be true. So I see it as basically a play on "is this as it seems". I don't know any of the board personally and it is a small company and I have been bitten before. But there is no reason to think it is a fraud, let me be clear on that. The risk/reward ratio here is astounding, and that is why I have invested.I am just nervous because it sounds so good, the global client base already seems in place, and I am wondering whether I am missing something.

[smallcapinvestor1] 16/11/2017 08:19

"Straight up fraud"What you on about?

[spawny100] 16/11/2017 08:18

How could it be a fraud mad foetus?

[spawny100] 16/11/2017 08:17

Those buys of mine recently under 230p were some of my better timed purchases. I'm reassured by the relatively quiet bulletin board - implying it's still under the radar a bit. I honestly think this could be massive and is the future of internet purchases on mobiles.

[mad foetus] 16/11/2017 08:16

Strong start today. I think this is basically a binary play. It is either a straight up fraud or else one of the most extraordinary investment opportunities you could ever come across. Once the infrastructure is in place, the revenues drop straight to the bottom line. It isn't hard to reach assumptions about profit levels that would justify a market cap many, many times above today's levels. On that basis it is definitely worth taking a small initial interest, not least so it is in the portfolio and one is forced to monitor progress. If this becomes a multi-billion pound company there will be plenty of chances to buy on the way up but you don't want to take your eye off the ball and found you've missed the boat.

[nimrod22] 15/11/2017 16:23

I spent many years working in West Africa and it was always surprising how even the poorest person was still able to afford a mobile phone and to be on it constantly. Its not difficult to imagine the revenue stream that will come through this opening in Nigeria (the largest pop in Africa).
In East Africa its been a long established process for small payments to be transferred by phone using M-PESA. Banks may not be readily accessible to the average man in the street, but mobile phones are never out of their hands.

[glawsiain] 15/11/2017 16:08

arcadian, the september podcast is available here:



For bango start at 34 minutes in.

[simonsaid1] 15/11/2017 16:03

If only all new posters were this polite!

I just re-listened to that podcast for the third time since its release. Never heard Simon Thompson like that before!

[arcadian] 15/11/2017 15:44

Thank you for providing that Chimers.

[chimers] 15/11/2017 15:37

The transcript of the podcast is very accurate , it is word for word.

[arcadian] 15/11/2017 15:34

Simon

Thank you.


I am most grateful to you for taking the time and trouble to guide me in this
new venture.

Arc.

[chimers] 15/11/2017 15:26

Its very easy to find on the IC site and its free you dont have to be signed up.

[simonsaid1] 15/11/2017 15:26

Arcadian, today's article about Bango which re-iterates their Buy stance is here:



I have edited my previous comment to provide you with the podcast date and time. Look out for the quote from Ray Anderson of 'billions of dollars of End-User Spend'.

Also I edited an earlier comment of mine that said the last known EUS run rate was 300m, it was in fact 400m, and that doesn't include the impact of Amazon Japan physical goods or any of the new deals since, and was a rise of 100m over just 2 months before! Bonkers growth.

[arcadian] 15/11/2017 15:23

Most grateful.

Not really up with the podcast scene but do subscribe to IC. ST did do a write up some time back and their results were there a week or so ago but it was the suggestion that they had updated their buy recommendation on the back of the Nigerian news that baffled me as I could not find any reference to it online at IC.

[spawny100] 15/11/2017 15:18

2340 a good point and I'm inclined to agree with you that it's a very positive sign. He's not style (spin) over substance. I have to say it was his great interviews that really convinced me to buy in. Smart chap and very confident speaker, no umming and erring or beating about the bush.

[simonsaid1] 15/11/2017 15:16

Arcadian they don't serve it through their website, that's not how most podcasts work - use any podcast application (for instance iTunes, PocketCasts etc) and search for 'Investor's Chronicle'. The episode date is September 21st, and the Bango coverage is at 34 minutes and 7 seconds.

[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.