Bango Share Discussion Threads

[lentjes] 06/2/2018 16:33

WHAT A BLOOD BATH, NOT

[lentjes] 06/2/2018 16:19

Obviously the market viewed the Bango share price at the time placing as above market value and most probably took advantage of the situation in that Bango wanted the cash asap to invest in an unproven business adding further risk to Bango which they priced in.

Also last time Bango held an open offer in 2014 it took an age and was a complete disaster with not all stock taken up by PI's. Lesson learnt I'm afraid

My view is that Raymondo has struck whilst the iron was hot and this will be a great asset to the Bango platform going forward and will attract further customers / revenue and suggest we have this conversation in 12 months time and see how the share price is doing and whether Raymondo was as wise as I believe.

[cryptotrade] 06/2/2018 16:06

stop whining guys. If you hold any stock you hold with risks known. BGO have raised cash many times, so effiong what.

They have never made tons of profit and may never do this. They are in a high volume low margin business, simple as that.

They have a payments platform. Great.
They have a data analytics platform. Great.

Now its about directing the company, its technical assets to markets which see benefits in using their services.

Payment, product habits?
Product types?
Price points which are attractive?

The options are endless.

How long have they been operating?
Why have they after all the clients only making a few million quid turnover?

That's it.

They need to diversify, simply put.

[muffster] 06/2/2018 15:40

How do you even deduce that. You are saying they saw it coming I'm not. Read your own post. I am saying they bought in at below the market price when they announced placing. Robbing existing shareholders of the same chance.I am saying it didn't work well because you can now buy in below their placing price. Again read my response.Think I'll not reply as you can't grasp English.

[lentjes] 06/2/2018 15:27

So are you saying Raymondo Anderson caused the world wide stockmarket sell off lol

Facts will show the Nango share price was still 10% above the placing price before the crash

[muffster] 06/2/2018 15:24

At the risk of offending you, that's not what happened here. They raised money so they could get in at a nice discount. Didn't work out that well as markets sees a robbery in progress

[thomas4billing] 06/2/2018 11:37

Direct carrier billing still growing though and what is good for Boku is good for Bango and vice versaMore revenues for Boku. Just fished that info on LinkedIn from one of Boku executivesSpotify just launched carrier billing on Turkcell, the largest Turkish operator with 36 million subscribers.

[chimers] 06/2/2018 09:52

Its not cheap its heading to 80p.
The market correction has around 2 years to run.
You shoulda bought your jam earlier.

[muffster] 06/2/2018 09:39

Seriously the directors don't read this. They just raise money on the cheap for their enrichment

[compnews1] 06/2/2018 09:37

They will loose investors' confidence if they are going to use the spare £3.5million for salary /bonuses. I hope they read this board so they understand that there are investors prepare to walk away with loss.

[nimrod22] 06/2/2018 09:31

Going cheap for those brave enough to buy whilst markets are down

[red5] 06/2/2018 08:33

Been through this before just another buying opportunity saw this coming really correction was needed

[spawny100] 06/2/2018 08:07

Well there's my 1.75 but it's going much lower now I feel along with the rest of the market today.

[chimers] 06/2/2018 07:47

Its gunna be a bloodbath today go and hide under the bed!!

The brave can watch and cry.

[muffster] 05/2/2018 21:17

You're right Lentjes. I was trying to get an analysis of why they needed 5 million to buy 1.48 million euro company, but no further information given.

[simplesimon1] 05/2/2018 18:22

Raised the 5 million at our expense.

Extra 3.52 million could come in handy for salaries and bonuses.

[muffster] 05/2/2018 17:55

Received response from Bango about the placing. Seems the extra funds are indeed needed to integrate and market the data business.So... Raise 5 million, buy Co.for 1.48 million euros, then used rest of the raise on marketing and integration.Madness to me

[muffster] 05/2/2018 13:30

Fair point Chimers, you're right on this. No reason to raise all that cash and stuff the shareholders on the price

[chimers] 05/2/2018 13:22

Now below the placing price.

Who else would have though that ...............cept me I mean ?

[deuchar] 05/2/2018 13:08

Simonsaid have you any comment to make on recent comments on the BB?
Regards