Bango Share Discussion Threads

[n3ild] 24/1/2018 11:24

Is this timed to go with the strategy day today do we think?

[simonsaid1] 24/1/2018 11:23

As I said above, I can't understand the size of the placing either, sorry. They must be planning something, they're EBITDA positive now so no need of cash to burn. It can only be 'for' something. Absolutely no idea what.

[deuchar] 24/1/2018 11:16

Any thoughts Simonsaid?
Regards

[n3ild] 24/1/2018 11:15

Has anyone written to the CFO to ask why they have done this? with apparently ~5 million in the bank why they feel the need to raise another 5 million? Perhaps get an answer out of them?

[egrid1] 24/1/2018 11:14

Whilst it in no way goes anywhere near to explaining the size of the placing, bango have said they will invest €1,000,000 in the Audiens platform

[simonsaid1] 24/1/2018 11:10

With rather tamer language, I agree that the size of the placing is bizarre given their existing cash-positive position, and the company need to answer for it.

Perhaps they've got another acquisition in mind.

[simonsaid1] 24/1/2018 10:42

I think it's a smart company to acquire too, data is the new gold as they say. Just find the discount too steep and the amount placed rather large. Management has always taken a very long termist view, so I can only assume some sort of rationale exists here, but it's not fun reading right now at all.

[chimers] 24/1/2018 10:38

I recon it will go sub £1.
Lets see if im right shall we :)
Copy my post so you have your own record.

[zimbtrader] 24/1/2018 10:38

I'm out. Small profit on my SIPP, small loss on my ISA. The stink is way too strong. Very, very fishy!

[thomas4billing] 24/1/2018 10:34

Agreed ! Data monetization is a smart move. Will just add that Boku is already offering customers acquisition through one of its products which can explain why share price is +45% after IPO date with still potential to grow fast.

[lentjes] 24/1/2018 10:21

Egrid 1

100% agreed

[egrid1] 24/1/2018 10:06

My first thoughts are that the discount is too high on the placing, and private investors are taking a big hit.

However longer term, I think this is probably a smart purchase...

As I said last november:

egrid1 - 15 Nov 2017 - 11:15:45 - 2324 of 2391

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

Merchants will go to the company that provides them with more sales. the difference between a company paying 1.4% for a transaction, and 2.0% for a transaction, is irrelevant to a merchant if they increase sales by 10%.

So provided the acquisition can do what is intended, and increase merchants sales, in a demonstratable way, it will increase the number of merchants that want to sign up to Bango (rather than Boku), will increase EUS for the existing merchants, and will increase the transaction fee that Bango can extract for those transactions.

If you are an investor (rather than a flipperty flopperty speculator, like some here), then it is a small setback in what should be a continuing upward path.

[thomas4billing] 24/1/2018 09:58

You are up up up ! Glad to hear that

[compnews1] 24/1/2018 09:54

This has just reminded me about the last tech. bubble in 2001? when I was studying for a MSC in technology. Our group looked at financial statements of various companies. The one that stood out was AMAZON. They made no profit for several years, their share price was over 100p and dropped down to less than 10p and yet they were able to raise fund to continue their business. We found it intriguing. The lenders/fund owners at the time obviously could saw the growth potential but for us as students it was hard. We all know risk vs reward and it can be very difficult for some to make the decision to stay or to exit.

[thomas4billing] 24/1/2018 09:46

Bad news for DCB ecosystem... But my guess is that it will not arrive the same to Boku with +40% growth in revenues, $20Mu cash in Bank and Full 2nd Semester 2017 Ebitda positive which is then very promising for 2018 as growth still high. Saying that, I am sure Bango will recover soon... This is winter.. there are always some virus before springs arrives

[red5] 24/1/2018 08:54

I blame the ic for me getting me to look at this in the first place oh well Batton down the hatches....large bottle whisky big cover round my shoulders and locked in my cabin waiting for the storm to pass.

[thomas4billing] 24/1/2018 08:52

So flow should be named then « Less Bango for your buck » now ?