Boku Share Discussion Threads

[kalkaar] 06/12/2018 09:48

fwiw:

Peel Hunt maintained a 'buy' rating on Boku, saying it thinks the deal "materially improves optionality in its current valuation by capturing more of the user journey beyond mobile payments."

"We have always held a view that adjacent to the mobile payment opportunity is a much larger opportunity for addressing the identity verification conundrum," the broker said.

"In acquiring Danal, Boku has turbo-charged its identity opportunity, without impacting its 2020 free cash flow outlook and beyond."

"With solid trading and greenfield opportunities in mobile identity, Boku remains one of our top picks; a pick and shovel play on high structural growth areas such as the subscription economy and mobile identity," Peel Hunt said.

[bam567] 06/12/2018 09:46

Hahaha, shrewd move the only shrewd move pulled here is them getting out before the dilution. lol

[kalkaar] 06/12/2018 09:42

video with CEO:

hxxps://investors.boku.com/news/brr-interview-boku-danal-acquisition

i think a very shrewd move.. BOKU see the opportunity and are going for it albeit dilutive for existing shareholders in the short term.. they are definitely playing the long game based on the following:

hxxps://fuelbymckinsey.com/article/the-next-20-billion-digital-market-id-verification-as-a-service

[bam567] 06/12/2018 09:34

funny this, the price action never behaved this way when there was a placing for the management and Vcaps to exit.

[kalkaar] 06/12/2018 09:33

amt, no, the deferred consideration of $62m will be payable by cash or shares if performance targets are met in 2019.. if they are met and shares are issued then they will be issued subject to a min. price of £1.20 and max. £1.70.

initial consideration is 26.7m shares guaranteed.

[bam567] 06/12/2018 09:31

AMT, FACEPALM

[amt] 06/12/2018 09:28

Diluted at at least 1.20 a share so not that bad

[bam567] 06/12/2018 09:26

Correct, you are all being diluted into oblivion. But still you mugs don't get it and it defies belief what the management and VCaps have pulled off in front of your very eyes

Danal Inc was going broke and broke Boku threw them an anchor. Go figure.

[paleje] 06/12/2018 09:19

It's impossible to assess true value, only time will tell. What is clear is there is dilution and it's unlikely to be accretive til 2021 earliest.

[bam567] 06/12/2018 09:13

Sensible investors bail out of companies when they see the management and the VCaps bail first.

[kalkaar] 06/12/2018 09:07

probably explains why the share price has fallen so much without so much of a bounce of late.. and now lots more bailing on the news of the acquisition.

Understandable to have concern when an acquisition is made which is financed by the issuing of a bucket load of shares (26m in the first instance) but I think those selling are missing a trick here without due consideration.

Boku has just bought "The World's Leading Mobile Identity Platform" the potential here is phenomenal when you consider this segment of the market is still in its infancy and set for an explosion in growth..

having a global identity offering will be highly attractive for getting customers and sign-ups.

Danal, Inc. is a privately held US company whose investors include Discover Financial Services, Morgenthaler Group, Orange Telecom, Bangkok Bank and Experian.

looking at Danal's website you will see they have just secured a deal across the 4 MNO's for the mobile identity product here in the UK..

so there is lots of logic as to why BOKU are making the purchase. They are straight off the ground and now have saved a number of years had they gone down the road of developing and marketing their own offering.

Integration and growth will now be the key.

Boku's strategy will pay dividends.. the question is when, not if.. could see the likes of EXPN (market cap £16bn+) buying BOKU and it would be a drop in the ocean for them and a perfect strategic fit too.

As the CEO acknowledges "Mobile commerce is booming.." and it's clear what their strategy is, "..to build the world leader in this emerging space."

even if the share price bounces can see BOKU getting taken over.. ultimately that has to be the objective for all shareholders and more so if the value of the company languishes at these levels next year

[bam567] 06/12/2018 09:07

Trading update still doesn't make any money.

[bam567] 06/12/2018 09:05

yes it bought another company that makes no money, go figure. Going to 0p

[amt] 06/12/2018 08:35

Good update. Looks like over 3 billion end use turnover for year. Odd share price reaction when acquisition at minimum price of 1.20 so at share price of 88p the vendor shareholders will be on the surface getting a bad deal. How can the vendors think 1.20 to 1.70 is a fair price while the market is looking at 88p

[bam567] 02/12/2018 11:55

Note all this dilution is taking place AFTER the management and Vcaps sell out.

[bam567] 02/12/2018 11:42

oops missed the RNS on Friday, more dilution for you. #goingto0p

[bam567] 02/12/2018 11:37

Mr Thomas, if you want to see on a day to day basis just how much confidence investors have in a company and it's management sit down in front of your computer and read the tape. The tape doesn't lie.

[thomas4billing] 01/12/2018 08:06

Great news to invest again in what you call a fraud and what I call a big opportunity in a growing company that double its revenue one year after one... I will buy some more next week . And funny when you mention neck and neck with Bango when Boku is 4 to 5 times more transactions than Bank for a Cap only 3 times bigger..

[bam567] 30/11/2018 14:21

Now less than Bango. 80p next level. Then 60p. Then 0p.

What a fraud.