Bango Share Discussion Threads

[simonsaid1] 24/9/2018 16:09

Excellent. Hopefully will lead to more platform investment in Pandora. As our partners get bigger, Bango EUS gets bigger.

[simonsaid1] 24/9/2018 14:03

Heh - fair enough. The numbers are all moving in the right direction. Can't wait to see what this near-term $4bn pipeline is all about.

[egrid1] 24/9/2018 12:45

Yes, I should have referred to revenue, rather than earnings. I am not concerned, just cautioning against reading too much into the doubling of EUS if it is because the product mix is changing to higher value transactions. EUS becomes irrelevant, it is just the revenue from those EUS that matters.

[simonsaid1] 24/9/2018 12:32

Not sure which metric you are referring to with 'earnings'. My point is that overall revenue and profit are climbing. Lower commission is an artefact of how this is being grown, but represents a different product mix rather than an eroding margin on existing business. I had a fairly long back and forth with Ray about it.

As always I cannot recommend enough contacting Bango directly with your concerns. They are extremely responsive and open.

[egrid1] 24/9/2018 12:29

You are right, Simon, that the physical goods and higher EUS they create will necessitate a lower commission, however, the high EUS could, therefore, be flattered by those large purchases, without such a large increase in the earnings. We cannot discount one (margin) whilst cheering the large increases in EUS as exceptional. We need to see the increases in EUS following through to large increases in earnings (albeit at a lower percentage perhaps).

[simonsaid1] 24/9/2018 12:11

Just catching up, great to see you back here kingbarolo. Agreed that this is the most exciting time since the Amazon physical announcement.

I spoke with Ray last week and as I understand it the physical goods business is significantly scaling up. The commission Bango takes on those has to be smaller as a percentage of transaction value (because 1-2% of a physical product at say £100 would be unacceptable to any vendor), which is one of the reasons that the crude metric of EUS-to-profit as a percentage appears to be lower. It's illusory really. The headline EUS and profit numbers are rising.

The $4bn pipeline for near-term fresh EUS is absolutely massive. I'm expecting a good run up to xmas.

DYOR.

[nimbo1] 24/9/2018 12:05

make that 12500 : )

[nimbo1] 24/9/2018 11:57

not a lot of liquidity around. just had to work v hard to get a total of 11,000 shares

[kingbarolo] 24/9/2018 08:12

Hi Kazoom,the simple direct answer to that is "fourth quarter newsflow on contract wins set to instil confidence in Bango achieving Cenkos 2019 numbers" (ST). You have to decide if you buy into that statement! But the potential to far exceed the Cenkos numbers is also hinted at: "If only a fraction of the $4bn near term EUS pipeline enter into data service agreements, it is not difficult to model a scenario where revenues and profits could ramp up". The point is that ALL of these contracts are in "nearest to arrival stage", and there is a high degree of confidence that some of them are coming to market in the next three months. If a high percentage come to market the the effect would massively change the profile of the company and ST hints this is the likely scenario in his view,"Expect some newsflow from the company on some TRANSFORMATIONAL contracts in the coming months". Of course you have to make your own judgements about this and Ive made mine, as I've started buying in.

[kazoom] 23/9/2018 21:33

Hi kingbarolo,

Does ST state the assumptions that lead him to believe they will be profitable in Q4 2019?

The period Oct-19 to Dec-19 is still a long way away and thus far there does not appear to be much correlation between the major contract wins and increased profitability / reduced losses; so I do wonder if ST is casting darts.

[alangrifbang] 23/9/2018 21:19

Kingbarolo ,well done .i hold 200 000.and am scared to add anymore,so will just sit on them and wait,

[kingbarolo] 23/9/2018 20:23

Alangrifbang, The big picture hasn't changed since you bought at £2.60. If anything ST's analysis at that time may prove conservative. The market will smell the coffee soon enough in my view so I've been steadily adding the last couple of weeks.

[alangrifbang] 23/9/2018 17:37

I have read the article kingbarolo,and I agree entirely but it was he first time the share price actually went down on a Simon Thompson article,the video Ray put out was also good,I have held BANGO for many years and also inherited a batch from my wife when she died a year ago,I don't allow myself to get too exited because when we had all this hype before with the site and Simon Thompson articles I foolishly go sucked in and purchased another 40 000,at £2 60.so we will see this time whether we are on firmer ground.your posts together with Simons always make an interesting read,keep it coming

[kingbarolo] 23/9/2018 16:06

Not sure if anybody has read IC article on Friday, an updated version of Tuesday's report by Simon Thompson. Highlights: "nearest to arrival pipeline of EUS is worth $4bn.... and most of these have been approved in principle by clients". "Expect newsflow from company of some TRANSFORMATIONAL contracts in the coming months". "It's not difficult to model a scenario where revenues and profits are ramped up". "Fourth quarter newsflow on contract wins about to instil confidence in Bango achieving Cenkos 2019 numbers (pretax cash profit of £5.6m based on EUS of £1.3bn)", etc etc, the article goes on. My interpretation of this is that Cenkos numbers could prove to be very conservative! The last time ST used the word "transformational' regarding this company was when they initially signed up with Amazon and the share price exploded. My reading of this article is that this could be about to happen again, say before Christmas. Please read the article and make your own mind up - I am not a ramper! One reason I don't read this board very often is because there is more content about BOKU than Bango. To my way of thinking Bango is unrivalled, it has a far superior product, it isn't in direct competition with Boku, it's making it's own history and in the next fifteen months we will see a huge increase in the share price - some of which may be evident in the next 3 months or so. I welcome comments!

[amt] 22/9/2018 14:26

Don't want to quibble but no of shares in issue increased 4%.
Anyway I am as enthuastic about Bgo as Boku so think both have a lot further to go.

[simonsaid1] 21/9/2018 09:05

It hasn't happened yet, this is the book build period. If the book is filled then no shares come on market. If it's not, the unsold shares will be sold normally and hit market.

[amt] 21/9/2018 08:51

It would have an effect on share price as its about a massive supply of shares coming on the market so remarkable how small the fall in share price was. Should help to bring more weight to DCB sector including Bango.

[simonsaid1] 21/9/2018 08:45

It's a non dilutive placing so as long as the book is filled there should be no effect on share price for them. The DCB sector is booming after all.

Back in Bango land, next news item should be the Google Play migrations landing, and/or the unveiling of the new data product combining Audiens and Bango Boost tech, and/or any other news deals in the $4bn pipeline.

[amt] 21/9/2018 08:11

Actually the BOKU placing seems to have gone very well and the share price is only down a few pence. I guess the brokers will have taken a cut so looks like share price will end well over 1.60
Bodes well for the future as new investors will have looked at this in detail. Should help sentiment with Bango as in the same space.

[amt] 21/9/2018 07:55

simplesimon I think Bango share price will go up buts its nothing to do with the original BOKU IP owners switching. They are the sort of investors involved in start ups so they work by funding from the start and then look for an exit once the business is fully established. It's as simple as that. I think BOKU share price will move sideways at around the 160p value in the short term. So we now know what value the big investors put on BOKU at its present time and happy with 1.60.

[amt] 20/9/2018 23:39

Too early for me to sell. We are just at the start for both companies. Venture capital companies have to sell out to some extent under their own rules.

[simplesimon1] 20/9/2018 22:46

The original BOKU IP takers placing 20 million shares on the market must have felt that BOKU had reached a plateau and it was time to take their profit. Maybe they were looking at the opportunities presented by Bango as being a better place to place their investment. The first ones to sell out of BOKU may be able to hang onto some of their profit. Their time might be right for them to switch over to Bango which is at a low point, the old adage being to sell high, buy low.

[simonsaid1] 20/9/2018 22:46

The Boku news is a 20 million share placing due to several IPO takers selling out. The company will receive no proceeds from the placing, it's just to cover 9% of the company's shares being sold off.