Bango Share Discussion Threads

[lentjes] 17/1/2018 17:43

From my post on 6th & 7th December,






I'm sure MTN with 200m plus subscribers across 22 countries in Africa will be looking for a rapid roll out

[simonsaid1] 17/1/2018 17:42

I have just had this confirmed by the company - mobile wallet transactions work in the same way as DCB and therefore contribute to End-User-Spend.

[simonsaid1] 17/1/2018 16:54

Yet ANOTHER new deal, another mobile wallet too! Blistering pace of deals here, sterling work from the company. Barely a week goes by without another deal somewhere in the world. Ray must be racking up the air miles!

One assumes these mobile wallet deals bring ongoing EUS rather than a one-off platform fee. Must find out!

[glawsiain] 17/1/2018 16:48

Bango launches Mobile Money wallet in Google Play with MTN Ghana

First use of MTN Mobile Money wallet to fund app store purchases

Bango has partnered with MTN Ghana to launch operator payments in Google Play. MTN Ghana subscribers can now pay for the wealth of content and services from Google Play with one-click, charging the cost to their MTN Mobile Money account, an online wallet that customers in Ghana use to send and receive money, pay bills, school fees, insurance, employee salaries, top-up MTN airtime and pay for other goods and services

[nimrod22] 16/1/2018 11:52

Looking oversold now on the RSI graph, a few buys starting to come in

[melody9999] 15/1/2018 19:11

Just to be clear on all the noise on this thread, here is an excerpt from the interims in September 17:

"Bango has two revenue streams, which it reports separately. Firstly, revenue from transaction fees from EUS, secondly, revenue from platform fees paid by stores for new payment route activations.

Revenue from EUS increased to GBP1.65m from GBP0.77m in 1h2016, an increase of 114%, reflecting the doubling of EUS from 1h2016. The significant EUS growth is reflected in the continued increase in revenue.

Revenue from platform fees are one time fees charged to MNOs or stores for integrations or customized development work. The platform fees in 1h2017 were GBP0.06m, consistent with GBP0.08m in 1h2016. Platform fees are additional sources of revenue but longer term plans are based on the operational costs of Bango being covered by the revenue from the EUS.

EUS revenue expressed as a % of EUS was 1.79% (1h2016: 1.67%). Bango expects that total EUS revenue expressed as a % of EUS for FY2017 will be in-line with market forecasts going forward. "

So its transaction fees - recurring, easily scalable at low cost OR
Platform fees - techical development which only attract one time fees but may enable increased transaction fees.

And I'm invested here because if you have a great mobile payments platform, increasing transaction fees should be a no brainer.

[smallcapinvestor1] 15/1/2018 18:24

All very true simonsaid. Great point.

[simonsaid1] 15/1/2018 16:21

hxxps://news.bango.com/2018/01/15/bango-launches-resale-technology-with-amazon-in-india/#more-2730

When you read the details it's actually really interesting. This is not to do with DCB - it's Bango leveraging their ability to tie together mobile networks with retailers to make certain things possible. Just like in Nigeria where this was used to create a digital wallet. In this case, a system to verify that the user has subscribed to a particular mobile phone plan and then communicating that to Amazon and unlocking Amazon Prime for that user.

It's really important that we think about these deals with considering future profit. EUS is not the only metric as it only measures the DCB aspect of the company, but they are increasingly leveraging the platform to carry out other sorts of business, and those will carry their own contracts and payment deals with the MNO's and retailers involved.

It's potentially incredibly lucrative given that it's simply leveraging the platform that Bango has already built and is already paying for upkeep of. It's just adding profit. This is the key to the power of the business model.

Bango are announcing new ways of making money almost every month these days. The platform is so versatile and evidently not just about direct carrier billing.

[lentjes] 15/1/2018 15:41

Looks like there is an exchange of stock at an agreed SP@ 219.50p, once this deal is done lets see what happens to the spread and the SP

[mad foetus] 15/1/2018 15:28

Nice to see the spread narrow. I'm not writing BGO off, it is on the watchlist and we will see how things pan out.

[simonsaid1] 15/1/2018 13:12

I replied to your stupid comment hours ago. Full year results are coming out in March. Crawl back in your hole.

[slaccs] 15/1/2018 12:51

Still waiting.

[milly17] 15/1/2018 12:36

Investors Chronicle, Graeme Davies, today again rates this as a buy

[simonsaid1] 15/1/2018 11:11

That is the level of trolling now. He just plopped a low number on and offered no analysis at all. This is becoming stereotypical ADVFN trolling.

[simonsaid1] 15/1/2018 09:56

Slaccs has made a glaring mistake, as he has confused a trading update with final results. Final results are in March which will contain all of the usual mandatory figures for an AIM listed company.

Hundreds of millions of pounds flows through this platform, an amount that has increased exponentially (IE doubled) three years in a row. Meanwhile their cost base is stable and does not rise in line with end user spend. Let's see if the geniuses here can figure out what that means for future profits.

Amazon continue to place more and more trust and deals with the platform. Netflix have begun using them too. Google has been rolling out Bango DCB across the world for several years now.

[slaccs] 15/1/2018 09:31

Can anyone give me exact income figures for the last 6 months with a breakdown of how it was obtained? Please do not spout 1.5 - 1.8% of eus because it ain't going to happen.

[spawny100] 15/1/2018 09:04

A case of shooting the messenger I'm afraid Simon. I don't hold any more and am not looking to drive the price down in order that I can buy.

[amt] 15/1/2018 09:03

Its nonsense to say revenue is hundreds of millions. Thats EUS.

[chimers] 15/1/2018 08:48

They dont make any income its a scam aint ya heard ?
Their payment systems are all fake and Microsoft and Amazon and Google etc are all in on the scam.
Prolly be bust by the end of the week.

[simonsaid1] 15/1/2018 08:48

Trolls everywhere. All spouting nonsense.

'Income' is talked about near-costantly, including the last RNS.

And some other 'investing genius' above going on about charting nonsense.

Hundreds of millions in revenue and profitable as of last autumn. You are all lower than low trying to drive it down using forums for your own gains. Swines.

[slaccs] 15/1/2018 08:45

BGO - very good at signing agreements but not very good at making money. Income is very rarely mentioned.

[spawny100] 15/1/2018 08:38

Sadly for this share it has fallen out of the chart and will be an attractive short for many to 175 or so imo. I'm not shorting it but many will.

[mad foetus] 15/1/2018 08:30

I'm keeping BGO on my monitor as there is clearly potential here, but I am just making the point that the market wants to see revenue and profit, not EUS and tie ups to provide freebies. Until then, every bit of apparently positive news will simply provide a selling opportunity, which seems to be happening again.Now, no doubt you will swear at me again.

[amt] 15/1/2018 07:46

Yes difficult to understand but might be a way of grabbing more market share with further opportunities down the line. No doubt this will be explained at the upcoming presentation. I wonder if the model is changing and thats what the meeting is about.

[bookbroker] 15/1/2018 07:46

Upset baby!!