London South East prides itself on its community spirit, and in order to keep the chat section problem free, we ask all members to follow these simple rules. In these rules, we refer to ourselves as "we", "us", "our". The user of the website is referred to as "you" and "your".
By posting on our share chat boards you are agreeing to the following:
The IP address of all posts is recorded to aid in enforcing these conditions. As a user you agree to any information you have entered being stored in a database. You agree that we have the right to remove, edit, move or close any topic or board at any time should we see fit. You agree that we have the right to remove any post without notice. You agree that we have the right to suspend your account without notice.
Please note some users may not behave properly and may post content that is misleading, untrue or offensive.
It is not possible for us to fully monitor all content all of the time but where we have actually received notice of any content that is potentially misleading, untrue, offensive, unlawful, infringes third party rights or is potentially in breach of these terms and conditions, then we will review such content, decide whether to remove it from this website and act accordingly.
Premium Members are members that have a premium subscription with London South East. You can subscribe here.
London South East does not endorse such members, and posts should not be construed as advice and represent the opinions of the authors, not those of London South East Ltd, or its affiliates.
yes that is interesting. could be from South Korea. i hope we might make some dosh on this one.
I meant Bango as a takeover target for one of the big tech boys.
Appreciate they are both on / about to be on the customer books.
Keep up. Amazon are signed waiting to complete and Facebook signing shortly
Feels like at some point Bango (and Boku) will come onto the radar of the likes of Facebook and Amazon.
IMO this is a long term winner with significant upside.
With all the positive news flow, trading update and brokers falling over themselves with targets between 260 &300p I think the Bango SP resembles a coiled spring ready to be unleashed and expect to see a re-rate as we approach the results day in March
(Sharecast News) - Analysts at Berenberg initiated coverage on software firm Bango on Friday with a 300.0p target price and 'buy' rating, stating the stock offered "bang for your buck".
Berenberg said Bango, an alternative payments and purchase behaviour targeting platform, more often than not gets viewed as a subscale direct carrier billing business when compared to its UK-listed peer, Boku.
However, the analysts stated that while Bango is smaller by market share, it differentiates itself through its subscription bundling service offered to network carriers and the ability for both physical and digital goods to be transacted through its platform.
The German bank said with its payment data now being used to fuel a new advertising tool for mobile app developers, which was gaining rapid adoption, Bango has broadened its offering and enlarged its revenue opportunity.
"We expect the company to continue compounding sales at a 30% compound annual growth rate, but for earnings growth to outpace this significantly, as recent investment in its platform pays off," said Berenberg. "Bango trades on 13x 2023 EV/EBITDA, a circa 30% discount to Boku and other global payment peers."
Berenberg, whilst mentioning the app angle for Bango, clearly still sees the company as a payments business. It looks like their 300p price target is based on the 30% discount to peers that they quote. IMO that undervalues the future contribution from the data side, which should rapidly accelerate from here.
Confidence boosting 300p target from Berenberg..the building blocks are in place and stable cost base means extra revenues drops straight into profit. Exciting times ahead. GLTA
65% upside from today's SP, that would be a good start on the re-rate
Saw that, thanks.
Hopefully this will give the share a bit of 'profile' and much needed momentum!
Berenberg starts Bango with 'buy' - price target 300 pence
Another uptick in NHN holding in the company... are they confidently picking the shares on the cheap knowing the huge opportunities for continued growth and profitability? GLTA
thanks for clarity
Hi Bruce, tweet referred to the sp being pulled down from it's previous levels above 200p+ and therefore offering an opportunity at lower levels :-)
They endded 1.12% up today not pulled down at all
https://twitter.com/surprised_trade/status/1488073912361668608
sp pulled down in the general mkt drop, Broker target raised to 260p on the growing business
Its on there not a crank call
Broker Liberum note ..
strong revenue performance of $20.7m, +32% yoy (FY20: $15.7m). This pace of growth is ahead of Liberum forecasts and this strong growth has been driven by a combination of new customer wins and growth with existing customers, which we see continuing into FY2022
Bango closed the year with a net cash position of $9.6m (FY20: $7.9m)
Bango’s recent Strategy Day outlined the attractive growth opportunity in Bango’s Platform and Audiences businesses alongside the continued strong growth in the Payments business. Bango’s shares remain attractively priced at 7.7x CY22 EV/Sales and our 260p TP implies upside from the current share price.
Slam , slang for criticising harshly ,. Still can't find it on the seemingly never ending video , this could be a crank call
We still do not know. Is being slammed good or bad
I have noticed a lot more advertising on the TV as regards using m phones for buying products and services lately, so might be something in this after all , seems like it is just taking off
been to the vid site couldnt get to the slam bit cos ads r ringing and bouncing all over the place, what do you mean by slam , is it good or bad , Liberum r bout 2 giv a good call after all they r bangos bankers and will want 2 see them do well. 260 hope it gets somewhere near this year , wished i sold out last february , when the sp hit 230 , but no the mr greedy part of me got the better of me and i hung on cos everyone was banging on about 260
Michael Tuckman ‘slams’ Bango (BGO) in the latest PIWORLD/Stockopedia StockSlam at 48m40s
Watch the video here: https://www.piworld.co.uk/education-videos/stockopedia-piworld-stockslam-jaunary-2022/
Or listen to the podcast here: https://piworld.podbean.com/e/stockopediapiworld-stockslam-january-2022/