Bango Share Discussion Threads

[alangrifbang] 20/9/2018 13:31

Does anyone know whether there will be anything in the IC tomorrow or is it too soon

[fitton] 20/9/2018 10:58

I have been in and out of Bango for the last few years and have been looking at both BOKU and Bango.BOKU have performed very well but value wise I now think Bango represents a good investment oportunity.I have sat and waited for a good time to re enter and having done a fair bit of research I think now is a good time.

[amt] 19/9/2018 18:39

2019 must have a reasonable degree of confidence I would think given only 3 months to ye when exit rate of 900m should be realised and those large deals being negotiated currently.

[amt] 19/9/2018 18:13

We can worry about a few things but Blockchain isn't one of them. Not for the next decade anyway. As we have seen the crypto currencies collapsed. Fortunately I got out. The malware problem recently highlighted lack of security which was the final nail in the coffin.
Anyway Chimers is a fan so no chance.

[amt] 19/9/2018 18:11

Blimey Nimrod the Cenkos numbers for 2019 are close to my 5 minute back of envelope calc made yesterday.
am pencilling in the following numbers for my own information.
2019 EUS 1.3b turnover 13m Ebitda 7m
2020 EUS 2.6b turnover 26m Ebitda 20m
2021 EUS 5.0b turnover 50m Ebitda 40m

[simonsaid1] 19/9/2018 17:19

More favourable coverage, this time from Proactive:

hxxp://www.proactiveinvestors.co.uk/companies/news/205251/bango-has-ambitious-plans-to-dominate-mobile-billing-payments-205251.html

One of the best primers on Bango's business I've seen in a very long time. Recommended reading.

Change the 'xx' in the address above to 'tt' to make it work. ADVFN is annoying!

[deltaham] 19/9/2018 17:08

The print edition arrives in post on Fridays, so should be another lift in share price.

[chimers] 19/9/2018 17:05

Oh and Swifts transactions are $4.7 TRILLION dollars per "DAY"

[chimers] 19/9/2018 17:04

Amazon will use Xrapid for all payments. You pay Amazon on your phone or whatever device and the payment is sent using Xrapid.
YOU DONT USE RIPPLE.
Ripple is burned during the X rapid transfer.
It's faster and it's far cheaper and it involves 'NO MIDDLEMEN' like Bango or Boku.
It is being rolled out in the next 6 weeks to 150 of the worlds top banks for their intra bank transactions.
It will eat into swifts payment fees and eventually wipe them out.

[nimrod22] 19/9/2018 16:01

49% more shares bought than sold over the last 6 working days

[nimrod22] 19/9/2018 15:56

Very positive update online IC yesterday from Simon Thompson "Cenkos Securities predicts a pre-tax profit of £5.6m and EPS of 8.1p based on EUS of £1.3bn generating £15.3m of revenue in 2019."
Plus other comments re rarely being in competition with Boku in the markets they address.

[simonsaid1] 19/9/2018 15:43

Indeed, and I don't think the print edition is out yet.

[waterloo01] 19/9/2018 15:36

Tipped in IC I understand.

[glawsiain] 19/9/2018 14:00

Genuine question, can you summarise how a purchase on amazon will occur via ripple?

[chimers] 19/9/2018 13:43

Oh you wont have to wait that long.....AMAZON PARTNERING WITH RIPPLE.

It's well documented.

[glawsiain] 19/9/2018 12:46

Alangrifbang, I'm sure some kind soul here would happily take on your holding and see it to profitability ;)

[alangrifbang] 19/9/2018 12:42

Oh dear glawsiain ,I am nearly eighty with a large holding,and no relatives ,I question will I still be here!ha ha ,

[glawsiain] 19/9/2018 11:34

The David Hill guy I quoted yesterday added more on BANGO last night and partially addressed the blockchain argument that has been touted here.

"My point was really that the risk/reward is not favourable for a conviction/stand alone short of size. Ocado was a classic example of major short term catalysts burning shorts heavily, irrespective of whether (as I happen to) you think it is ridiculously overvalued.

I am personally long of Bango (LON:BGO) mainly because I think the payments space is interesting and also that they are not overvalued assuming the core tenets of their story are true : i.e. can handle $5bn of EUS with no additional ramp up of cost and the $4bn EUS pipeline is high probability.

I do however, mull over the whole blockchain competition threat to this type of cash business. Whilst I suspect there is some ultimate plausibility my suspicion is that we are some years off any mainstream adoption of it. The market will only really react to this negatively on the share price 6-12 months in advance of heavy adoption, so will keep an eye open for signs.

The data business is a bonus in my opinion, but potentially a very big one. It will break even this year at which point it is effectively a free option. In current market conditions those businesses are ascribed a lot of value but I haven't baked anything into my numbers for it. Might be the cherry on the cake though so I am happy to live with a marginally lower profitability for a year to buy the optionality."

[nimrod22] 19/9/2018 08:46

probably last chance to buy in at low price

[lentjes] 18/9/2018 22:12

The one thing that stands out for me is that Bango are able & willing to talk openly with regards to the migration of the Google play EUS as if the deal is already done. I doubt Bango would dare be so public on this issue without it being sanctioned by Google. Therefore rest assured it’s only a matter of time until large chunks of the Google 4 billion legacy EUS (if not all of it) is migrated over to the Bango Platform

[lentjes] 18/9/2018 21:25

amt

If your numbers are correct where would that put the share price by 2021 ?

[amt] 18/9/2018 21:17

EUS
2015 45m
2016 132m
2017 271m
2018 590m (forcast)

Encouraging that if forcast is met the more than doubling trend is still in place.
The recent share price fall was because it looked like the pace of growth has stalled but not a bit of it. Hence my change of view.
Interesting about those transformational deals scheduled over the next few months.

[alangrifbang] 18/9/2018 21:16

Thank up you glawsiain ,reading your post makes me feel very comfortable indeed ,and I'm pleased Simon agrees with everything you have said,waiting for the IC report and I'm sure Simon Thompson will write a report when he has studied the results,of course I like one or two others are very disappointed with the share price especially as boku rose and rose,roll on our turn,

[amt] 18/9/2018 20:58

I am pencilling in the following numbers for my own information.
2019 EUS 1.3b turnover 13m Ebitda 7m
2020 EUS 2.6b turnover 26m Ebitda 20m
2021 EUS 5.0b turnover 50m Ebitda 40m

Ebitda could easily be increased by say 2m 5m 10m by 2021 from leveraging customer data.
2022 could perhaps see 100m Ebitda.

In the talk around the numbers today the CFO was talking billions for EUS so I think the above is possible.
DYOR of course as this is back of envelope stuff.
Not sure what the market size is but I assume its hundreds of billions if not Trillions.