BNN Technology Share Discussion Threads

[charlesdarcy] 25/10/2016 08:59

News is " Henderson " not BNN speaking as I see it .

Too much negative spin from the usual couple of people .

For me this is what I wanted to hear and expected , shares seem value at this rate IMO

[bwilder2] 25/10/2016 08:38

Good to see name change. That helps alot for get about nasdaq may be February. That's why we get Rns like today to keep your mind of the big picture. Sorrrryyyy

[trustthedj] 25/10/2016 07:34

The Nasdaq announcement is coming sooner than previously thought.

[midas 123] 25/10/2016 07:28

I'm shocked to see Henderson aren't listening to you topazfrenzy !!



News Alert 25 October 2016

News alert - BNN - TR-1: Notification of major interest in shares

News alert generated
25-Oct-2016 07:02

A news story has been released that matched your alert criteria: TR-1: Notification of major interest in shares

View the full news story›

[snowyflake] 25/10/2016 07:14

holdings rns

[toyin] 24/10/2016 11:55

Yeh, right. Will speak soon at 200p

All the best

Good buy

[topazfrenzy] 24/10/2016 11:53

Mirabaud is the house broker and therefore cannot be taken objectively whatsoever, sorry!

[toyin] 24/10/2016 11:48

topazfrenzy

You can see what the Mirabaud report says, like nurdin says you credibility is shot. We are all adults here and know the risks, if you don't like the share go away because your criticism is not constructive it just looks bitter.

All the best

[nurdin] 24/10/2016 10:48

oh FFS..you have lost all credibility....why keep posting drivel?

[topazfrenzy] 24/10/2016 10:41

SO for a £10 bill they get 0.2% commission amounting to 2p, then split by 2.

For 1-2 p a transaction (I assume that utilities are much cheaper in China than here) you're going to have to get a huge amount of trade for this to be viable, especially since mimimum payment guarantees are in place for each province in the three year contracts.

Best to wait for those figures, I can guarantee you will all be disappointed and that more excuses will be forthcoming from the board.

Not worth the valuation and not worth the risk, it's a cut throat sector and no one has heard of it yet. TenPay are still losing money I read somewhere too(and they have their foot firmly in the door), I think in the WSJ article which I posted a while ago.

[monts12] 24/10/2016 08:06

Imagine a world where an authoritarian government monitors everything you do, amasses huge amounts of data on almost every interaction you make, and awards you a single score that measures how “trustworthy” you are.

[toyin] 24/10/2016 07:27

Good morning all

Have been away for weekend, but here is a small part of the Mirabaud update on the Xinhua update 25/4/16

"Assuming the Xinhua app captures no more than 5% of the relevant consumer spend next year, on which a 0.2% commission will be earned, this translates into £58 million of Xinhua-related net revenue. On top of that, assuming the Shandong lottery app attracts no more than 1 million downloads out of 15 million regular players, this translates into a further £25 million of net revenue."

All the best

[ripplevale] 23/10/2016 18:41

Just one additional point to my post is the utility commission rate at 0.2% was published prior to the XH link-up. This figure was net to BNN but should be revised upwards following the amalgamation. The next brokers report and certainly the NASDAQ submission will provide clarity on this point.

[nurdin] 23/10/2016 18:32

Michael Walters article, printed in April is not short of enthusiasm ! Also very useful as a background read.

[charlesdarcy] 23/10/2016 15:03

Excellent Posts today from all thank you it is much appreciated

I am surprised the stock has not had a better following lately and the price a little higher ( 1.70)

[ayesha4] 23/10/2016 14:31

Yes, he is right. They wanted the whole of October before they made an announcement ideally but they keep their cards close to their chest. Announcement is probably going to be week after next.

[nurdin] 23/10/2016 11:14

Very useful info rippervale,cheers.

[ripplevale] 23/10/2016 11:00

The utility commission rate is 0.2% but higher for the traffic fines (latter is surprisingly high projected income). Other commission rates will be negotiated higher as I understand it.

For example,one important point that appears to be missed, in the competitor analysis by posters, is that Alipay and Tencent etc will be utilising the XH / BNN platform in several regions and in particular in the XH offices (if they are given access).

And just to throw into the discussion, Tencent are struggling to make an impact and ApplePay is a small player (iPhones are uncompetitive).

My understanding is that the bulk data transactions across the regions has gone well and hopefully a couple of RNS announcements will emerge within the next 2-3 weeks. The administrative preparation around the NASDAQ application is done but they need the income stream nailed down before the roadshows.

[midas 123] 22/10/2016 20:09

Thanks for your updates and clarification of the FACTS all.

I have to say the more topaz keeps coming up with misleading and false information the more shares I buy, so thank you so much topaz, I have no doubt that this will be a great success and thank you for spurring me on to increase my holdings 😄

[nurdin] 22/10/2016 19:54

Well done PC..i couldnt find it.However thats what the CFO told me when I asked him in my conversation with him on the phone.I even posted it here, if I recall.

[charlesdarcy] 22/10/2016 15:46

Yes well done Perfect C that is more like it .

Topaz has a lot of black dots floating around in her eyes looking for a problem with BNN .

[perfect choice] 22/10/2016 15:18

Checked multiple sources and last April I can only find a commission rate of "from 0.2%" being quoted not 2% (source is broker Mirabaud), with higher rates for items like traffic fines, etc. Feels like somebody is having a decimal place problem!

[charlesdarcy] 22/10/2016 14:16

She won't to that because it is exaggerated if it were 2% split 50/50 it would be to high , I think it will be around 1% to be split

I can't see why this would stop a Nazdac listing .

But thanks for the response Topfrenzy and giving your opinion please back up your thoughts now with the evidence .😜

[nurdin] 22/10/2016 14:02

Nope cant find it.The only RNS related to the Xinhua deal that I could find is this,which makes for a very interesting read by the way:



There is no mention there of the commission rate or the contract duration.

Perhaps you could post the link if you have it handy?