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 Shares Traded Last Trade
  -0.50p -0.30% 167.50p 106,761 15:02:08
Bid Price Offer Price High Price Low Price Open Price
165.00p 170.00p 169.50p 167.50p 168.00p
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Software & Computer Services 4.2 3.9 -5.2 - 119.09

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Date Time Title Posts
19/3/201822:37Bango - Signs company maker deal with Facebook2,555
14/2/201821:44more BANGO for your buck658
27/11/201706:50Bango-Mobile content services- will it go with a bang?732
31/7/201707:42Taking breather1
02/9/201414:30TV Interview with Bango CEO Ray Anderson-

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Trade Time Trade Price Trade Size Trade Value Trade Type
2018-03-20 16:26:58168.00100168.00O
2018-03-20 16:22:45165.301,0001,653.00O
2018-03-20 15:32:28168.451,5002,526.75O
2018-03-20 15:27:47168.5010,00016,849.99O
2018-03-20 15:25:16165.05449741.07O
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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 168p.
Bango Plc has a 4 week average price of 165p and a 12 week average price of 165p.
The 1 year high share price is 279p while the 1 year low share price is currently 114.50p.
There are currently 71,096,377 shares in issue and the average daily traded volume is 210,255 shares. The market capitalisation of Bango Plc is £119,086,431.48.
kingbarolo: Another chance to get in at these levels ahead of results - good opportunity! Thought I'd post Simon Thompson's most recent article (22nd January)on this thread, he's been hugely enthusiastic about this company and recommends buying in ahead of results. He appears to rely on Cenkos Securities for his numbers. If he's right we should be on track to make £3m profit this year and £10m by 2020 - more than enough to send the share price rocketing north - not a good time to be shorting this stock!
kingbarolo: Agreed. As these high value revenue streams ramp up during the course of this year, and costs remain fixed, we should see this convert to a nice profit by the end of H2 (ST forecasting £3m, I believe). With regard to growing market share, the guys on London SE who attended the Strategy Day say the tie up with Amazon Japan has gone well and they expect to see further growth into other parts of Asia through Amazon. Massive if it happens! Thanks for that link. A confident and pretty convincing performance by the Bango team, I thought. Not sure what's holding the share price at these levels at the moment but it has to come bouncing back, sooner rather than later.
nimrod22: Not sure that he stated end of 2017 for the 300p. His comments on 29th August 2017 were; "In fact, with the exit run-rate of end-user spend processed through Bango’s payment platform hitting £300m at the end of June, up from £195m at the start of the year and well on the way towards analysts' year-end exit run-rate of £352m, the likelihood of Bango achieving run-rate break-even in the fourth quarter is well underpinned. I maintain my 300p target price and rate Bango’s shares a buy". For those who have sold out at around 260p top,there now appears to be another bite at the cherry on the next run up in share price. Simon T does get things wrong, there's been a few, who doesn't, Warren Buffet buying into Tesco's etc. There's money to be made here in BGO either buying now on the dip, maybe holding longer term, or just catching the ride up and down with some buying and selling despite directors taking a few liberties en-route with cheap buy-in prices. Let the dice roll and have some fun....
egrid1: Chimers, not sure who you are replying to, but if it is my comment you have misconstrued, of course the dilution will impact on the share price - it already has. but my view is that the actual timing of the listing of those new shares is irrelevant. The dilution is now in the price. I was really replying to Paleje 's point and also to what simonsaid1 said above: "I'm a little cautious to try to trade this dip as the new shares have yet to be issued (hence their dilutive effect is yet to be realised)." The dilutive effect is already in the price
chimers: KeywordCompanyEPIC/TIDMSEDOL/ISINNews Search Price Announcements Fundamentals News Article RSS Bango PLC (BGO) Add to Alerts list Print Mail a friend Wednesday 24 January, 2018 Bango PLC Placing and Acquisition RNS Number : 7627C Bango PLC 24 January 2018 THIS ANNOUNCEMENT IS RESTRICTED AND IS NOT FOR PUBLICATION, RELEASE OR DISTRIBUTION, DIRECTLY OR INDIRECTLY, IN WHOLE OR IN PART, IN OR INTO OR FROM THE UNITED STATES, AUSTRALIA, NEW ZEALAND, CANADA, JAPAN OR THE REPUBLIC OF SOUTH AFRICA OR ANY OTHER JURISDICTION IN WHICH SUCH PUBLICATION, RELEASE OR DISTRIBUTION WOULD BE UNLAWFUL. THIS ANNOUNCEMENT IS FOR INFORMATION PURPOSES ONLY AND SHALL NOT CONSTITUTE AN OFFER TO SELL OR THE SOLICITATION OF AN OFFER TO BUY, SUBSCRIBE FOR OR OTHERWISE ACQUIRE ANY SHARES OR OTHER SECURITIES OF BANGO PLC IN ANY JURISDICTION IN WHICH ANY SUCH OFFER OR SOLICITATION WOULD BE UNLAWFUL. PLEASE SEE THE IMPORTANT NOTICE AT THE END OF THIS ANNOUNCEMENT. THIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION FOR THE PURPOSES OF ARTICLE 7 OF REGULATION 596/2014 ("MAR"). IN ADDITION, MARKET SOUNDINGS (AS DEFINED IN MAR) WERE TAKEN IN RESPECT OF CERTAIN OF THE MATTERS CONTAINED IN THIS ANNOUNCEMENT, WITH THE RESULT THAT CERTAIN PERSONS BECAME AWARE OF SUCH INSIDE INFORMATION , AS PERMITTED BY MAR. UPON THE PUBLICATION OF THIS ANNOUNCEMENT, THIS INSIDE INFORMATION IS NOW CONSIDERED TO BE IN THE PUBLIC DOMAIN AND SUCH PERSONS SHALL THEREFORE CEASE TO BE IN POSSESSION OF INSIDE INFORMATION. BANGO PLC Placing and Acquisition - Acquisition of Audiens to accelerate data monetization business - Placing of £5 million to fund Acquisition - Expected to add to group Revenue immediately and boost 2019 profit - Benefits for Bango Customers and mobile operator partners Bango plc (AIM: BGO) ("Bango"), the mobile payments company, announces a placing of 2,777,778 new ordinary shares (the "Placing Shares") at a price of 180 pence per share (the "Placing Price") to raise £5 million (the "Placing"). In addition, Bango announces that it has acquired 98.45 per cent. of Audiens SRL ("Audiens"), the data management subsidiary of Digitouch S.p.A (DGT:Borsa Italiana) ("Digitouch"), from Digitouch, Marko Maras, Sodapao S.R.L., My Draco S.R.L. and Fabrizio Ampollini (together the "Sellers") (the "Acquisition"). The Acquisition is not conditional on admission of the Placing Shares to the AIM market. The Placing and Acquisition are intended to enable Bango to capitalize on demand for the valuable data it generates through its existing operations and to enable the Bango Platform to provide additional value to the rapidly-growing mobile advertising market. In addition to the Placing, Bango also announces that Ray Anderson and Anil Malhotra, Chief Executive Officer and Chief Marketing Officer of Bango respectively have indicated their intention to subscribe for up to a total of £20,000 of new shares at a price no less than the Placing Price. Acquisition of Audiens The consideration for the Acquisition comprises of €1.48m (£1.3m) in cash, to be paid immediately, €0.63m (£0.55m) which will be paid to Digitouch for provision of shared services for up to 12 months from the date of the Acquisition, 521,803 Bango ordinary shares which have been issued at the Placing Price (the "Consideration Shares") and the grant of 738,399 warrants over Bango ordinary shares exercisable for a period of 10 years at the Placing Price. The remaining 1.55 per cent. of Audiens is retained by Marko Maras, a co-founder of Audiens (the "Maras Shares"). Bango has entered into an agreement with Mr Maras relating to the Maras Shares (the "Option Agreement"), pursuant to which additional consideration may become payable as part of a two year incentive plan to maximize the success of Audiens as part of Bango. Further information on the Option Agreement is set out below. The net proceeds of the Placing will be used to fund the Acquisition, to integrate the Audiens technology with the industry leading Bango Platform and to support the development and marketing of the emerging Bango mobile data monetization business. Application has been made to the London Stock Exchange plc for the Placing Shares and Consideration Shares (together, the "New Ordinary Shares") to be admitted to trading on AIM. It is expected that the Placing will become unconditional, that admission to AIM will become effective and that dealings will commence on 29 January 2018. Commenting on the Acquisition and the Placing, Bango CEO, Ray Anderson said: "The acquisition of Audiens accelerates the development of the Bango data monetization business and opens the door to exciting new additional revenue streams from the Bango platform. Mobile operators are eager to find new ways to improve their monetization of data - in ways that respect user privacy and comply with regulations. Merchants want to grow sales faster and reach new customers more efficiently. The combined platform will provide customer insights to merchants, advertising partners, and mobile network operators, to drive consumer engagement and revenue. The Audiens team has developed a powerful data monetization product that is gaining rapid customer traction and is being integrated with industry leaders. The technology and relationships that Audiens brings will enable Bango customers to grow faster than originally planned. Bango Boost already monetizes data by delivering significant sales growth for merchants. With Audiens technology, Bango can now capitalise on the demand for data to enable more effective marketing, bringing additional revenue and scale to Bango, as mobile cements its place at the centre of global commerce." Reasons for the Acquisition Bango is the payment platform chosen by the world's most influential companies to grow their sales faster in the age of connected commerce. Working with global stores including Google, Amazon, and Microsoft, Bango has become the industry standard mobile commerce platform, helping people make payments quickly and conveniently. Through its innovative technology platform and relationships with over 100 network operators, Bango technology increases sales success and provides unique insights derived from the pooled data and shared knowledge of the platform. Since 2016, Bango has been developing technology to deliver additional insights from data accessible using the Bango Platform. These insights are used by merchants to drive increased sales and improve marketing effectiveness. Over more than two years, Audiens has developed a cloud based data platform that collects, organises and analyses data, building customized audience segments and making these available to advertisers. Advertisers can map more accurately to relevant users based on their activities, enabling data-driven decision making. The Audiens team has extensive domain expertise and market experience. Bango believes that the Audiens technology complements and accelerates the Bango data strategy by 12-18 months, enabling Bango customers and other advertisers to improve marketing effectiveness. This acquisition will also enable mobile operators that partner with Bango to more efficiently and successfully monetize valuable consumer data. The directors of Bango believe there are substantial market and product synergies from this deal. The integrated platform will provide a tested, trusted, secure and safe route to market for valuable data accessible through the Bango Platform. Bango partners will benefit from the deep data insights provided from the platform to monetize better through higher sales success and improved marketing conversion. Over the last two years, Bango has delivered strong growth in its core business. As announced on 8 January 2018, Bango continues to focus its product development, sales and marketing efforts on enhancing the Bango Platform and on growing transactions through the Bango Platform for its customers. The total End User Spend (EUS) for 2017 was £271m compared to £132m for 2016 with a run rate of over £400m at the end of the year. Bango expects continued strong EUS growth and that revenue from its existing core Bango Platform business to continue to grow throughout 2018 and beyond. In 2018 Bango expects approximately £1m of additional revenue and no impact on expected profitability as a result of the Acquisition. Audiens reported unaudited gross profit of €0.24m (£0.22m) and a net loss of €0.19m (£0.16m) for 2017. Bango expects that the integration of Audiens technology will make a contribution to profitability from 2019 onwards, and that synergies will drive additional EUS from the existing Bango business. Benefits for Bango customers and partners Mobile operators will be able to expand their use of the Bango Platform to offer valuable data to advertisers, where they choose to do so, securely and safely, and in compliance with relevant regulations. Audiens already does this for two mobile operators. Merchants using the Bango Platform to collect payments and developers distributing through Bango payment enabled App Stores will be able to better target their advertising to optimize sales and improve marketing efficiency. They will do this either directly or through advertising agencies. The Audiens technology delivers data into the trading desks used by advertisers and marketing agencies, providing broad global availability without the need for global sales and marketing teams. Bango has established a resale and licensing agreement with Digitouch to use the Audiens technology, and expects this partnership to accelerate the early success already achieved. The Option Agreement After the acquisition, Marko Maras will head the Audiens business at Bango with rewards linked to achievement of specific revenue objectives and overhead control. As noted above, as part of the terms of the Acquisition, Bango has entered into the Option Agreement with Mr Maras relating to the Maras Shares. Under the terms of the Option Agreement, Bango can call upon Mr Maras to sell these shares to Bango in certain circumstances (the "Call Option") and Mr Maras can call upon Bango to purchase these shares in certain circumstances (the "Put Option"). The final date by which either the Put Option or the Call Option must have been exercised is 28 February 2020. On exercise of either the Put Option or the Call Option, Mr Maras may be entitled to payment for the Maras Shares calculated at €0.95m (£0.83m) (based on the Placing Price), payable by Bango (the "Additional Consideration") subject to certain conditions including the achievement of specific revenue targets by Audiens. The Additional Consideration that may be payable varies depending on the Bango share price at the time of exercise of either the Put Option or the Call Option. The Additional Consideration payable will reduce as the Bango share price rises but could increase, on a sliding scale to a maximum of €1.38m (£1.2m), should the revenue objectives be met but the Bango share price falls below the Placing Price at that point. If, on or before 28 February 2020, Audiens, directly or indirectly is the subject of a further sale by Bango, or should Bango be acquired and a portion of the proceeds be specifically attributed to Audiens, further consideration is payable to Mr Maras. The further consideration would be for an amount that is up to 20 per cent. of any sale proceeds receivable by Bango that are directly attributable to the sale of Audiens after deducting the total consideration (including the value of Bango shares and warrants at the point of such event) paid by Bango for the Acquisition. Any such further consideration payable to Mr Maras is capped at an amount equal to €50 million, which amount would only be reached if the sale proceeds attributable to Audiens were €250 million more than the value of the total consideration paid by Bango for the Acquisition.
chimers: From some random bloke on the interweb. "IF ITS OUT THERE I OWN IT" Is Bango (BGO) a Minervini Stock, looks like it might be.... Monday, Nov 27 2017 by Mike888 (stockpedia)(whatever that is) Having just finished Mark Minervini's book "Trade Like a Stock Market Wizard", I have found myself quite taken by his techniques. From what I've learned, and I do feel I need to read the book again, Minervini is keen on revenue and earnings growth and also improving margins. No rocket science there. However he also dovetails this with price and volume action. Specifically the stock needs to be in an overarching up-trend. It would seem to me that Bango (BGO) meets many of Minervini's criteria. Bango provides a mobile payments platform, customers procure products using their mobile device and these items appear on their phone bills. "Points to note here are : Bango is in an established up-trend demonstrated by the SMA's The stock is currently in a Stage 3 Topping Phase having completed a successful Advancing Stage 2. The key point here is that whilst in Stage 3 the share price range is starting to narrow. The most telling aspect is the very visible and reducing volume within Stage 3, of all the stocks I've looked at, this is the first that has demonstrated such a dramatic fall off in volume. Minervini sees this as a key attribute within Stage 3. So in summary it feels like Bango has the potential to be one of Minervini's super stocks. Obviously I welcome any thoughts and feedback."
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: 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.
nimrod22: Does the American market have much effect on the BGO share price??
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