Share Name Share Symbol Market Type Share ISIN Share Description
Bango Plc LSE:BGO London Ordinary Share GB00B0BRN552 ORD 20P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  +0.00p +0.00% 240.00p 237.00p 243.00p 240.00p 240.00p 240.00p 0 07:54:01
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Software & Computer Services 2.6 -4.7 -6.8 - 159.16

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Date Time Title Posts
21/11/201708:17more BANGO for your buck44
16/11/201710:09Bango - Signs company maker deal with Facebook2,384
31/7/201707:42Taking breather1
02/9/201414:30TV Interview with Bango CEO Ray Anderson-
14/2/201208:44Bango-Mobile content services- will it go with a bang?730

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Bango Plc (BGO) Most Recent Trades

Trade Time Trade Price Trade Size Trade Value Trade Type
2017-11-20 16:26:30238.002,0994,995.62O
2017-11-20 16:09:40238.00419997.22O
2017-11-20 15:49:32243.00300729.00O
2017-11-20 14:56:57240.005001,200.00O
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Bango Plc (BGO) Top Chat Posts

Bango Plc Daily Update: Bango Plc is listed in the Software & Computer Services sector of the London Stock Exchange with ticker BGO. The last closing price for Bango Plc was 240p.
Bango Plc has a 4 week average price of 216.50p and a 12 week average price of 216.50p.
The 1 year high share price is 279p while the 1 year low share price is currently 66.50p.
There are currently 66,318,599 shares in issue and the average daily traded volume is 118,359 shares. The market capitalisation of Bango Plc is £159,164,637.60.
chimers: From todays Daily Mail Mobile payment platform Bango has seen its share price triple over the past 12 months after a busy year of overseas expansion and deals. Its tie-up with 9mobile in Nigeria will enable customers to pay for their media, games and apps through Google Play, without having a credit card or bank account. The country is the biggest user of mobile internet services in Africa. Shares in the AIM-listed company rose to 242.5p yesterday, rising 7.1 per cent, or 16p.
simonsaid1: Mob you are entirely correct, my mistake. I will leave my comment as above, since the point remains that both of these deals were RNS-worthy. But it is also true that if they do RNS's every day, the effect is lost. You can see the effect of this in KDNC, which has so many RNS's that they no longer impact the share price anymore. That said, good on Bango in general. Let's not lose sight of what a wonderful problem this is to have - they are signing deal after deal, it's remarkable. The Amazon Japan effect alone would likely see the much-vaunted doubling of EUS in the January trading update, but I think given all these new contracts will have begun gaining traction by then, it looks like it's going even bigger. These announcements also put me in mind of Boku's imminent IPO - one has to wonder why all these telcos and retailers are signing up with Bango and not Boku. My favourite line from the announcement above is from the quote from Victory Link, where they say “... the world’s leading online stores and merchants have standardized on the Bango Platform to offer payment on a global scale.” That is a significant statement! Love this company.
simonsaid1: Bango previously stated that the cadence at which they were signing new deals meant RNS was no longer appropriate for all of them, as the minor ones were clouding out the major ones. That said, I believe they've now taken it too far. The South Korean and now Egyptian expansions are huge for Bango and it's sad to see these will receive little press coverage owing to the lack of RNS. On a technical point, sorry to say they are not legally obliged to RNS these. AIM Rule 11 (as inferred by posters above) is designed with slack in it for NOMAD to decide on, but the spirit of the rule is more about bad news than good, as it's there to protect shareholders from dramatic immediate losses. If every publicly listed company RNS'd every new customer they took on, the signal-to-noise would be unbearable. So the application of this rule has softened in time and the FCA would not be interested in forcing a small company to issue regulated announcements for every new contract won. Instead I'd phrase this in softer but still insistent terms that we, as shareholders, expect this company to address the recent erosion of its share price with significant publicity efforts. Niche press coverage is not sufficient and they ought to be looking at other methods. RNS's always turn more heads than targeted press releases. Even most Bango PI's will never hear about these announcements, and will only learn later when Simon Thompson writes about them!
bookbroker: I’d like to see a trading update here, share price not able to hold gains, it has always been very volatile, built around a lot of hyperbole, want to see Anderson step up to the plate, and prove this company can be a major player, I ‘m starting to doubt it!
simonsaid1: I have been quite peaceable on this thread and some good discussions have been had, including some issues around accounting procedures that were raised etc. What you call 'ramping' I call 'discussion' and if you have any actual disagreements with my points why not be specific? When someone comes on like 'opodio' above and makes a ridiculous comment like 'massive market cap and frig all revenues', which indicates that they haven't done any research and don't understand anything about this company, I am amazed to find anybody defending them. 'slaccs' makes generic bearish comments merely whinging about the share price but not actually saying anything about the company. If people have real concerns then discuss away - again, there has been good discussion here previously - but generic bearish comments are irritating to those of us who have invested time and money into this play. I don't give a hoot about your 'right' to post - what an asinine little defence. But don't expect not to get some pushback for posting drivel. I'm as unhappy as any about the daily drip off the share price, but I've done plenty of research to assure me of the long term here, and in the short term I am in lots of other shares and very aware that AIM is extremely weak right now across the board. It amazes me how AIM investors just ignore the wider market when discussing their pet shares. A few risers here and there doesn't change that the AIM all share is having an abominable few weeks.
investorschampion: Could this be on of AIM’s giants? AimZine's Ten Bagger articles look at small companies with considerable potential for growth. Usually we look at companies valued at less than £20m where we believe there could be potential for considerable share price growth. Our latest article, however, looks at Bango which already has a market capitalisation of over £150m. So, were this to "10 bag", it would become one of the top 10 largest companies on the AIM market. The exciting thing about this prospect is that its underlying turnover is rocketing - more than doubling in the first 8 months of this year - and it looks like the rate of increase will continue for some while; if it does then a massive re-rating of the share price is possible. However, as with all Ten Bagger Quest companies, there are considerable risks.
simonsaid1: I assume you are new to this share, bookbroker. This isn't really pullback, this is a highly illiquid share, so very volatile, look at the tiny volumes. Every time there's an RNS, the price rockets forward and then leans slightly back after the initial surge. Market collapse? Oh, are you a troll? I am happy to disucuss Bango as a business with anyone, but trader-speak about the share price is dull. This is a fundamental investment.
simonsaid1: Absolutely Nimbo, this year's H2 results will be the most important yet for Bango, IMO. Firstly they will be the first to show full operational profit, given Ray told Simon Thompson that the transition was weeks away when the H1 results call came (so around now!), and momentum alone was well on track to take that out, let alone the acceleration from Amazon Japan kicking into life. ... which brings us to point 2, as the first full half with Amazon Japan, the H2 figures could be very, very strong, even more than the exceptional H1. A lot of people don't understand that in Japan, DCB is normalised and truly a huge market, and Bango has Amazon and the major mobile service providers onboard. This is an enormous deal. Thirdly, by then there will be many other new clients using Bango. We know there are plenty in the pipeline (this is regularly mentioned). The IC podcast let us know that many other retailers small and large are queueing up for Bango DCB routes. Finally, Bango Boost is being deployed to more and more exiting routes, so the EUS from existing clients continues to ramp up and will doubtless feed into H2 figures significantly. Fourthly, Simon Thompson expects further Amazon territories to follow and that could happen any time. Maybe not this year, but who knows? Amazon is not known to move slowly when something works well for them, and DCB is popular in the emerging markets where Amazon is putting a lot of its expansion efforts these days. That's all potential fuel for H2 results. For shareholders, alongside all this, the spectre of a buyout remains, regardless of what each of us thinks of its likelihood. When Mr Market scents a potential major buyout, share prices often increase in anticipation. All this said, I fully accept that the lack of liquidity and subsequent volatility of this share is not fun for investors (though it offers plenty of easy buy moments on the dips, albeit difficult to buy very many!). As such, whilst I expect the share price for Bango to progress to high single-digit £s (with no need for any external funding or placings, thank goodness), I am content to wait a while and just quietly accumulate.
bookbroker: So what’s with the falling share price, someone keeps remarking how BGO gives and gives, most of the time it’s on the take, I’m holding a tiny amount, might acquire another nibble!
nimrod22: Does the American market have much effect on the BGO share price??
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