Bango Share Discussion Threads

[spawny100] 22/11/2017 12:47

Yes Simon coincidentally I was reading through their last annual report last night and also noted the references to migration. It would be interesting to know where the migrations are coming from. I'm guessing they cannot release this information as it is price sensitive information with the ability to influence share price for the platform provider that it has migrated from?

[simonsaid1] 22/11/2017 12:29

I've been reading back on ST's columns on Bango, and remembered this:

'For example, chief executive Ray Anderson told me during our results call that two Middle Eastern mobile operators who migrated their Google Play routes to Bango's platform in the first half saw a 35 per cent increase in their EUS immediately, highlighting the benefits of the company's big data product, Bango Boost, which enables more cost effective and targeted marketing programmes of a client's content and services. This can only lead to further migration of established Google Play routes to the Bango Platform. Mr Anderson has identified 'sources of migrations that can bring in billions of dollars of EUS'.'



When he talks about 'migrations', one must wonder where these are coming from. I strongly suspect the answer is Boku, the only other DCB provider to Google Play that I know of. Also, Ray says 'billions' could come from migrations, and Boku consistently talk about 'billions' in EUS (which they misleadingly refer to as 'revenue'). DYOR...

[lentjes] 22/11/2017 06:04

This is Money article from this morning on how to make money from cashless shopping in which Bango get a mention.

Nothing new but further exposure for Bango

[chimers] 21/11/2017 19:27

He mentioned 'farts' and 'panties' I like him , I have him down as an intellect.

[simonsaid1] 21/11/2017 19:24

Amazing how you used so many words to say absolutely nothing!

I guess now we have a competitor listed it's unsurprising to see trolls emerging.

If they all come with cogent, evidence-based arguments like this one, I sure am worried. Lol.

[larva] 21/11/2017 19:14

The slightest fart and this lot collapses.
IMO.

THATS WHY IT IS GOING NOWHERE.

AND............when it farts and its panties fall down it will CRASH AND BURN.

Only a matter of time before people realise the emperor is wearing no clothes.
In my opinion.

[chimers] 21/11/2017 13:51

Do you know how many posters post and say 'get into blockchain' and every single one of them will name a different one to get into.

[ny boy] 21/11/2017 13:47

Better imho, to be in. Blockchain play VELA & BLU

[spawny100] 21/11/2017 11:13

Strange sharp drop in price. Was feeling smug getting in sub 230 but looks like i have another chance.

[amt] 21/11/2017 08:45

Intetesting that BGO and Boku have the same market Cap.

[mobtheplod] 21/11/2017 08:17

Sorry about the link my iPad is playing up, there is an article on bbc business page about the move to cashless.

[mobtheplod] 21/11/2017 08:15

This maybe of slight interest:-

[arcadian] 20/11/2017 21:44

Today saw the IPO of BOKU and the BOKU thread has met its arrival with derision rather than a more detailed analysis of its shortcomings vis a vis Bango. I had never heard of BOKU until The ST commented that its IPO was proving rather popular and I began to wonder whether it was major competition for Bango. At least it would seem that payments via mobiles was happening even though I don`t yet know much about it.

Today on the BBC there was SRIPE courtesy of two boys from Limerick




featuring yet another participant in this growth field. I do hope that Bango will not only hold its own but grow to meet and beat the competition and if not, worry them enough to make them buy us out at a good price.

[amt] 19/11/2017 09:00

Trading window. WH Smith is valued at 2.23b. Dont be lazy and do some research !

[spawny100] 18/11/2017 00:28

I suggest you stick to your local cornershop as opposed to trading the world (like Bango do) tradingworld.

[simonsaid1] 17/11/2017 23:47

If you haven't done any research don't expect that kind of post to encourage anyone to help you.

There is more than enough information around on why everyone is so excited about what this company is doing.

If you think you can only value companies by current balance sheet you ought to steer clear of growth companies and AIM in general.

[tradingworldnow] 17/11/2017 23:28

can someone tel me how this is worth 150+m when its making a loss and turning over less than a newsagent.

[glawsiain] 17/11/2017 13:50

Like the fundraising part of the header ;)

[chimers] 17/11/2017 12:11

Link in header for research note.

[simonsaid1] 17/11/2017 12:10

Thanks Chimers, fantastic reading! Which broker was that? Link if possible, many thanks.

[chimers] 17/11/2017 11:49

Research note cont....

Significant opportunity in Africa
The announcement with 9mobile strengthens Bango on Android, in a region where mobiles
totally dominate internet access. Africa continues to experience a virtuous content circle –
increasing mobile subscriber base has driven increasing demand for mobile content which
in turn attracts both new subscribers and new content suppliers to the market, driving the
monetary opportunity upward. Based upon the following factors, we believe there remains
a significant growth opportunity for Bango in Africa.


 Growth rates expected to remain strong in African mobile: According to telecoms
industry body the GSM association (“GSMA”), there were 557m unique mobile
subscribers in Africa at the end of 2015, equating to 46% population penetration. Africa
is the second largest region behind Asia Pacific in terms of unique subscribers (12% of
the global subscriber base) but is also the least penetrated.

By 2020, the African unique subscriber base is expected to grow to 725m (54%
penetration), giving an implied growth CAGR of 6%. Key markets are Egypt, Nigeria
and South Africa (aggregate 338m subscribers at the end of 20161
) – all of which
Bango is now present in (via relationships with Victory Link in Egypt, 9mobile in Nigeria
and both Telkom and Vodacom in South Africa) – which in aggregate account for
around a third of the region’s mobile subscribers.


 Mobile internet penetration is growing rapidly, Android a key driver: Africa has
seen impressive growth in mobile internet subscribers over recent years, with the base
having tripled to 500m by the end of 20152
. This figure includes access by smartphones
and the more-limited feature phones. By 2020, the GSMA expect 720m active
smartphone users in Africa, a 494m improvement on the end of 2015. The Android
smartphone operating system is proving to be a key growth driver, with 73% share of
the African smartphone market3


 Banking and credit card penetration remains low: Africa is the world’s least banked
region4
, with estimated credit card penetration around 5% and the majority of those
cards issued to the middle and upper classes. As a result, mobile payment solutions,
especially mobile wallets have gained strong traction as a means of payment.


 Wallets are an operator-driven solution to meet market needs: Mobile wallets are a
highly adopted payment mechanism in Africa. To quote marketing agency Edelman
“For Africans, a mobile wallet isn’t just a convenient way to jump the queue at the
coffee shop. It is their only alternative to cash or barter, the way they pay for goods and
services, how they receive — or pay — wages, and how they send money to relatives
abroad”. Excluding South Africa, Sub-Saharan Africa currently has less than 30m bank
cards in circulation, yet there are over 150m mobiles in use, with an estimated $90
billion in transaction value.

5 Although used globally, around half of live mobile money
services are based in Africa6

In our view, launching another market first for Google Play further endorses Bango’s
strategic decision to incorporate multiple payment methods. It validates management’s
decision not to focus exclusively on operator airtime for its alternative payments strategy.
The 9mobile deal also provides evidence that mobile operators in emerging economies are
pushing mobile banking solutions, and highlights the ability of the BP to deliver any
payment method, to support Bango’s major partners as they expand their global footprint.

[chimers] 17/11/2017 11:48

Research note

Further moves into Africa

Bango has announced what is, in our view, a significant new
payment route in Nigeria, giving 9mobile’s 17.2m subscribers the
ability to charge purchases of digital content from the Google Play
store to their 9mobile 9pay mobile wallet. The release follows the
recent announcement with Victory Link in Egypt, but contains no
details on the contract terms and we make no revisions to forecasts
at this stage. With a growing mobile subscriber base, high Android
penetration and low banking/credit card adoption, we continue to
believe that Africa represents an attractive growth opportunity.


 Mobile wallet payments for the Google Play store in Africa: For
the first time in Africa, users will be able to charge the cost of digital
content (apps, games, music, movies etc) purchased from the Google
Play store to their mobile wallet – in this case the 9mobile 9pay wallet
in Nigeria. This removes the need for subscribers to have a credit card
or bank account, vital in this region.


 Africa represents an attractive growth opportunity: Africa
continues to be a growing market for mobile (6% CAGR to 2020E -
GSMA). Smartphone penetration is growing, and banking and credit
card penetration remains low. As a result, operator-led mobile wallets
are a widely adopted method of financial inclusion used to transfer
money and pay for many goods and services, including utility bills and
salaries.


 A further example of Bango’s ability to digitally enfranchise new
territories: In our view, Bango has a strong track record of enabling
new geographies to fully participate in the digital content ecosystem. It
was the first to launch Direct Carrier Billing (“DCB”) for Google Play in
Latin America, Africa and India. There are numerous mobile wallets in
use across Africa, for example M-Pesa which was originally developed
by Vodafone. Bango claims to be the first to launch a mobile operator
wallet for Google Play in the continent, so stands to benefit from early
mover advantage.

The flexibility of the Bango Platform (“BP”) is, we believe, a key source of
competitive advantage for Bango, and is once again demonstrated by
today’s announcement. Version 5 of the Bango API future-proofs partners’
revenue streams by enabling virtually any payment method. Following the
June 2017 DCB launch for physical goods with Amazon Japan, the
9mobile mobile wallet launch takes the BP further beyond its traditional
strength in DCB for digital goods, representing another e

[simonsaid1] 17/11/2017 10:00

Smallcapinvestor - add PSD2 to that list soon, just a couple of months away and opens up physical goods across Europe. I'm sure they have some deals already inked for when the law changes in January.

[lentjes] 17/11/2017 09:55

and with still have LTAM to come