Bango Share Discussion Threads

[aleman] 18/10/2016 09:53

According to Stratistics MRC, the Global Mobile Money market is estimated at $15.14 billion in 2015 and is expected to reach $140 billion by 2022 growing at a CAGR of 37.39% from 2015 to 2022.

[big_cat] 13/10/2016 12:53

Down 8% and no RNS - what is happening?

[aleman] 11/10/2016 10:00

Cracking chart. Looks like it might be headed to 160p. I'll update this two week old chart later. It's up 17p since I drew it.


free stock charts from uk.advfn.com

[lentjes] 10/10/2016 16:03

Not a lot of Bango stock available today, any RNS with good news would see this take off big time

Come on Raymondo you must have something ready to launch

[aleman] 10/10/2016 11:34

Monetization and revenue generation may also act as a driving force to grow more localized apps with most of the current local apps depending on revenue from ads. Payments for services have remained a bottleneck for local apps. Across most of Nigeria and even Africa, credit and debit card ownership levels remain extremely low, and the usage of these cards is even lower due to cases of fraud. Google Pay usage is also low in Nigeria. The most popular payment gateway is Premium SMS or Direct Carrier Billing via Telcos. In a country, where over 97% of the mobile lines are pre-paid; it’s a preferred option for app developers to have payments deducted from the user’s airtime as the conversion rate is said to be higher.

“The users perceive paying using their airtime as a much better experience than using a payment card. It offers a sort of convenient ‘one click’ purchase model where they are in control of the purchase because they start it up by a tap, swipe or click and they also don’t have to worry about card security fears.

“The only draw back to this is that telcos have been known to take up to 80 per cent of revenues. The remaining revenue is further shared with a licensed Value Added Service Provider since, by regulation, apps aren’t allowed to connect directly in to the billing system of Telcos. So at the end of the day, it requires extremely high volumes to make a service profitable in the already difficult app market. That is the reality we face with the current payment platform. Nigeria and Africa continue to cry for that killer mobile payment solution (an app maybe) that works within our issues – offline, online, banked, under-banked, and unbanked and will allow consumers the freedom to utilize their digital wallets. A few new payment players like flutter wave have sprung up, showing promise.

[lentjes] 07/10/2016 18:09

Another fine day at the office you could say and yes the further fall in the GBP can do not harm and I can not see a recovery on the horizon so further up side.

I'm also starting to think something is brewing with the continued rise of the share price ( although we have seen this before so reserving judgement)and according to the H1 RNS we should be in for a few RNS between now and end H2 so can see sustained upside to share price if they do deliver on the RNS

I suspect / hope on RNS on the following

- increased Bango platform capacity proven
- Amazon roll out
- further MS activations
- news on what the alternative payments are and how Bango are involded
- what is our relationship with PayPal
- development on the MOU with DANAL

I also don't think a relationship with the big apple is dead as in several RNS Bango continue to give them a mention as though they are sending the hint that its not dead but are restricted on what they can say. Maybe wishful thinking but my opinion

[aleman] 07/10/2016 13:37

Looks like the market might be starting to believe payday is actually coming. And something to think about - the fall in the £ could actually bring breakeven forward from Q4 2017 to Q3.

[aleman] 06/10/2016 09:31

Phone companies are taking a slice but margin to Bango and competitors is a little under 2% of end user spemd. Let's call total DCB revenues about $280m. On a possible $2trillion of end user spend this year, I believe Danal DCB revenue this year would therefore be about $40m. (Compare to Bango's $1.5-2m?) We've just signed a cooperation agreement with them to open up their merchants to Bango's platform and te Danal website shows it's up and running! Also, Danal seem to think using the Bango platform will open up new markets in gaming and digital content that their current platfrom was not accessing. (Are they talking about Asian gamblers? Online gambling was a huge driver for some eWallets and so it could be for DCB and mobile gambling.) I suspect Danal business is the main key to huge growth for Bango in 2017 but I could be misinterpreting it. I'd like to see more detail.

[lentjes] 06/10/2016 08:08

Aleman

The scepticism comes from the value of DCB stated today (approx $14 billion)and the forecast $40 billion by 2020.

If today's forecast is correct who is making the money ?

[aleman] 06/10/2016 07:51

Lentjes - $1 trillion will only be about 1% of all payments so I don't see why you are sceptical. It's just an extention of an existing trend due to PayPal, etc. The direct carrier billing element that Bango are attacking, that is growing very rapidly from a small base, and so is harder to predict, haa forecasts at around $40 billion by 2020.

[haozhen] 06/10/2016 06:44

I not heard from frined - they are holidaying sadly.
Most certate now that there is an event on MOnday - I am looking more information. I will share once I got it.

[lentjes] 06/10/2016 06:24

Hi Hao

Not found anything related to the mentioned Bloomberg meeting but any such meeting bringing all the big players together would be good news for the industry and Bango although I'm a little sceptical on the $1 trillion value of the market by 2019

Ps have you heard anything else from your other friend at the Bango office ?

[haozhen] 05/10/2016 14:41

Do anybody know about some BanGO meeting in the Bloomberg london. I have my frend who gets a message from bloomberg allowing 5 investor to the special meeting - about new payment routes - something:

Extraction here: The combined value of alternate payment methods, including the likes of eWallets and carrier billing is set to hit $1 trillion by 2019, according to Worldpay Global Payments. The Bango Alternative Payments Nexus will see leading companies in the space giving insights on the latest strategies, plans and products to crack this market open. In the audience will be senior professionals and experts from the global leaders in digital content and payments, with the likes of Google, Microsoft, Supercell, Netflix, PayPal and more invited.

Any people know about this. ? Can somebody make a report on it ?

Hao

[davr0s] 03/10/2016 09:43

Tipped in last weeks IC so we need the subsequent froth to blow off to see where we are at

[aleman] 03/10/2016 09:41

Looking very frisky today. Doesn't look likely to get back to 96p today so that looks like a confirmed break out of the lower half of that channel into the upper half on good volume recently. Chartists would normally look upwards for their next targets after this.



free stock charts from uk.advfn.com

[lentjes] 30/9/2016 18:11

Aleman

Thanks for the explanation and have a great weekend

[aleman] 30/9/2016 17:04

Lentjes - The shares have poked their head over the descending resistance line around 96p. This is potentially positive but not conclusive. If they can manage to trade above that for a whole day, it would normally suggets a strong rise to the next resistance point. The big channel resistance is 165p but there are a few minor ones to overcome on the way.

If, however the shares ease and trade all day below 96p, it would suggest a fall back to play with the next support line, at around 75p. The chart does not predict ups or downs, but it suggests a "where to" if a certain pattern is followed. Breaking above the 96p, even if just part of the day's range, suggests a possible breakthrough to come and is a more positive sign than bouncing straight back down off it, as has happened the last 3 times, which makes one look down for next support. The fact it has held up and is trying to break though, rather than bouncing straight off, makes it more like early 2013 than the 3 later falls from that channel line. That is why I describe it as interesting.

I don't trade on charts, though. I just find them an interesting extra tool after years of noticing that there does seem to be something in it. It overcame my scepticism. I still trade on fundamentals,though, although I sometimes let charts influence timing. I'm long so hope to see a rise. A chartist would just wait to see which way the share price breaks and then join in that direction. Drawing the lines in the right place would be crucial for him, although there are other factors that would influence his decision, like moving averages and volume analysis.

[kaka47] 30/9/2016 15:14

Falanx M/Cap £4.5 millionCash in the bank 1.28 millionForecast to go cash flow positive within few months...Operating in a market worth billions..It took Falanx couple of years to put the building blocks in now the revenues have started to Motor ahead, last update in July indicated that cyber defence revenues are running at £80000 per month and growing that's over 500%. Guys really need to listen to this very carefully because this cyber defence market that FALANX has created is very different to your traditional model its that new that CERT UK the cyber security watchdog was only created about 2 years ago by the Uk GOV and guess what who protects the uk cyber security watchdog Yes FALANX Cyber Defence!! And what about the insurance market protection for cyber attacks that they have created few months ago companies will only get a cyber attack insurance only if they are protected by Falanx cyber defence just look in to the future and imagine that guys how bigger market that's going to be Just listen to the link below and imagine few years Down the line, IMHO Falanx could be worth hundreds of millions of pounds. They are talking big telcos and few transformational deals in the pipeline just watch the space ...http://youtu.be/-9pddMbxFls

[j777j] 30/9/2016 13:49

Don't think we will see 25p,so my money is on 165p.Gla

[lentjes] 30/9/2016 13:20

Looks like PH have their £1 target

Let's see what happens from here as any further good news from Raymondo and the team could be interesting

Aleman

I'm not a chart man so could you explain your reading of the chart you posted

Thanks in advance

[smallcapinvestor1] 29/9/2016 10:27

https://bangoblog.files.wordpress.com/2016/09/bgo-investment-strategy-delivers-strong-growth.pdf

[aleman] 28/9/2016 18:24

Getting interesting.


free stock charts from uk.advfn.com

[aleman] 26/9/2016 14:29

The chart I posted last week. Note it only held the central channel support once on retest (start 2013), at which point it jumped up. A repeat, i.e. holding up after retesting the 90-91p area, would target a sharp rise to around 165p - or support could fail and target 25p! As both moves both ways are big, I'd expect chartists to be all over this one, just waiting for a direction signal. (Please note I'm a long fundies investor and only do such charts for a bit of fun.)



free stock charts from uk.advfn.com