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Started: ChrisP1234, 30 May 2024 18:59
Last post: slowburner, 9 Jun 2024 17:24
You’re not wrong, could do with an update on the DVM deals
Patience is definitely required with this share…. And I do believe we will be in July we will get solid results and another uplift in share price! As I said, patience is required
Started: slowburner, 28 May 2024 17:33
Last post: slowburner, 28 May 2024 17:33
£2.4m of stock purchased with minimal reply and it doesn’t move the dial, any thoughts
Started: Spacerat, 17 May 2024 14:29
Last post: Spacerat, 17 May 2024 14:29
The ridiculous overreaction took this down to £1.30. Still there and an absolute bargain.
Started: slowburner, 12 May 2024 09:52
Last post: ChrisP1234, 12 May 2024 22:00
They will post solid half year results in July and I’m expecting all targets will be met, thus giving the city/investors confidence that it was just a bump
in the road, rather than a road accident!
With proven annual revenue of $46m from ongoing established business much of which whilst not guaranteed to be recurring will most probably be repeated and grow year on year and the potential going forward with DVM and no doubt additional revenue streams to be developed over the years to come I find it astonishing that Bango’s market cap sits at £94m, one day the market must wake up
Started: casualinvestor11, 23 Apr 2024 09:27
Last post: iWantThatOne, 1 May 2024 19:30
So little news flow, but some of that is dictated by partners who ask for deals not to be communicated. I’m not expecting much to happen SP-wise until interims.
Nothing new, how it’s always been. Matters little to me. When I sell my holding this will have a market cap of many times today’s value and the pony market maker will be history.
With such little movement in share price recently and the high spread, what do we think the cause of that is?
Started: Spacerat, 10 Apr 2024 13:10
Last post: Spacerat, 10 Apr 2024 13:10
Higher or Lower forecast $53.5m!??
“Is that a ‘2’ I see there Bruce? I’ll go higher.”
Started: wassap, 8 Apr 2024 10:47
Last post: Scarfell, 10 Apr 2024 09:58
ST - 10th Sept 2021 price target 260. The same Simon Thompson that has tipped so many clangers over the years including BATM (Feb 2 2021 - target 170, current 19). Giving up subscribing to that mag/rag has saved me losing more money.
That's the same Simon Thompson at Investor Chronicle that tipped Bango heavily many years ago c 220p only to see them collapse to 60p or less. Let's hope he's right this time round.
Hi all,
Over the years I have invested in Bango on and off and made very good profits off this.
For me a price of 105.88p was a steal and so I put in one tranch last week and today put in another one at 122p.
Why do I like Bango? Well above all I trust Raymond and team and I know that they especially Raymond has a lot of skin in the game. Close alignment of interests is definitely the case with Bango.
Secondly I liked that when I had questions in the past on Bango Raymond and team reverted back to me the same day!!! Now when I compare this how investors (especially retail investors) are treated by other UK small caps than I know that I am in good hands.
One thing: Sometimes corporate acquisitions don’t go well at all or initially have some teething problems- to me the latter seems to be the case but given that now no new issues were revealed laid my slight concerns at rest. So to sum it up I am happy with my 105.88p tranche and my 122p tranche and now will patiently wait for the next developments.
This is the concluding part of the article:
“ Reflecting the strong start to the new financial year, Singer Capital Markets predict a step change in profitability, pencilling in 162 per cent growth in cash profit to $16.8mn on 16 per cent higher annual revenue of $53.5mn. The forecast doubling of cash profit margin to 31 per cent reflects a four percentage point improvement in gross margin to 90 per cent), the benefit of cost savings and the operational leverage of the business.
Moreover, with Bang forecast to be cash flow positive in 2024, Singer have reduced the interest charge in their financial models and raised their 2024 pre-tax profit estimate by 8 per cent to $5.7mn, thus reversing last year’s $7.8mn pre-tax loss. On this basis, expect earnings per share (EPS) of 7.3c (5.8p).
Rated on seven times 2024 cash profit estimates to enterprise valuation, and given the upbeat start to this year’s trading, Bango’s share price rally is likely to gather momentum. Buy.”
Started: pensioner167, 10 Apr 2024 09:01
Last post: pensioner167, 10 Apr 2024 09:01
My take on the results includes the following:
The Digital Vending Machine is the basis of the most profitable part of Bango. It is way ahead of the competition.
There is a great deal of potential demand for the DVD as the benefits for the Telcos are huge.
While there are very good reasons to adopt the DVD there are reasons not to do so.
One of the major barriers is the problem of interfacing the Telco's software with Bango's. If either party changes their software the interface may require revision. Bango has been working on simplifying the interface and this will be released in 2024.
Bango has transferred software developers at scale and these are working on major reductions to the reasons not to adopt the DVM.
Towards the end of 2024 it is reasonable to expect a significant increase in the number of sales of the DVM.
Started: Troajan, 9 Apr 2024 15:22
Last post: pensioner167, 9 Apr 2024 15:59
More information
https://www.youtube.com/watch?v=FtNIpUdlOIM
Started: Fishysaurus, 8 Apr 2024 09:35
Last post: Fishysaurus, 8 Apr 2024 09:35
I think it has woken now
Started: optrade, 8 Apr 2024 08:12
Last post: optrade, 8 Apr 2024 08:12
Great results!
Doubling of the customer base and a strong growth of 77%
It's Monday, the market didn't wake up yet.
Started: casualinvestor11, 7 Apr 2024 20:04
Last post: iWantThatOne, 8 Apr 2024 07:38
Why wouldn’t the market reaction be positive? Strong momentum through Q1, business fully funded….I was hoping to see those two things confirmed and they have, so I’m very content.
Confirms the underlying inertia of the business and covers any unanswered concerns of January. Happy here , don’t give a monkeys about the SP reaction, the medium term fundamentals look great.
Personally not that impressed. But see what the market thinks.
Results show strong revenue growth and presumably increased loss well discounted?
Started: ChrisP1234, 5 Apr 2024 09:35
Last post: Spacerat, 5 Apr 2024 10:35
Absolutely absurd SP reaction in January. Hopefully Monday will spell out the position to the Market simpletons.
Looking forward to Monday, sales and EBIT numbers should be on track or better as they set soft targets!!
Started: ChrisP1234, 30 Mar 2024 18:41
Last post: slowburner, 3 Apr 2024 04:51
For me No1 is to quash concerns on cash especially with the $1m per quarter NHN loan repayment due to kick in September this year, last thing we need is chunks of the company being given away at such a low SP to pay off the loan, if they can get the message across that sufficient cash is being generated on top of investment funding and ramping up the new DVM contracts and that there on no more surprises from the Docomo deal then everything else should fall in line albeit slightly behind schedule, for me the $53.5 revenue fc is rather conservative especially when the pervious broker fc from early last year stated $57.1 but did not reflect the reported rapid take up of the Bango DVM in H2 last year, anyway let’s see what next Monday brings
Bango’s house broker has ‘24 EBITDA at $16.8m based on $53.5m revenue. Only three months in, I suspect all we will hear is “meeting expectations”, though it’d be great to hear a bullish statement. And yes, at that level of profit I’d hope we go past 180p in due course, given last year’s target was c$12m. It’s be good too to quash any concerns about cash.
Well, it’ll be interesting to see the new profit and growth target, results are due out on the 8th of March. I reckon with all the cost reductions and sorting out the loss-making contracts, we could see a profit of maybe $15 million which is 3× 2023 result. it will be interesting to see if the share price rerates, maybe even back to £2 , or maybe higher as their profit target was $11 million in 2023.
Last post: Midaztuch, 28 Mar 2024 03:27
Bango will need to up its game with the forthcoming update compared to their last one which saw the share price fall 40 percent. If the deals are done and trading firing on all cylinders we could see a major rebound.
Last post: Caspar13, 25 Mar 2024 09:26
Bango will host an investor presentation and Q&A session on 8 April 2024 at 10:00am BST via Investor Meet Company. All existing and prospective investors are invited to join the call. Questions can be submitted pre-event via your Investor Meet Company dashboard up until 7 April 2024 at 09:00am BST, or at any time during the live presentation. Those who wish to attend should register via the following link where they will be provided with access details: https://www.investormeetcompany.com/bango-plc/register-investor
Started: ChrisP1234, 14 Mar 2024 13:17
Last post: ChrisP1234, 18 Mar 2024 14:34
The spread is almost 5%… maybe the MM’s want to slow the buying down?
Should leave the results until after Easter. Don’t owe this dysfunctional market anything and means zero to me as no one’s getting my shares.
Couldn’t agree with your comments more, a 50% drop in share price is a massive overreaction. I believe the results are due out somewhere between the 24th of the 27th. Do you happen to know when the results are due?
I hope the results will be a catalyst for getting this show back on the road after a ridiculous over-reaction. Last year was a good one, just spoiled at the last minute with some silly foreseeable errors and a late decision to change revenue recognition. Looking forward to a bullish forward statement and an update on the DVM pipeline.
6-7% up in a few days, results due soon, cost savings implemented , acquisitions completed and new contracts won🤞
Started: ChrisP1234, 18 Mar 2024 10:19
Last post: sorros, 18 Mar 2024 11:48
We live in hope
Strong buying activity this morning leading into results….next stop 114?
Started: pensioner167, 7 Mar 2024 13:43
Last post: slowburner, 7 Mar 2024 19:19
All looks positive, if only management had put the same effort into the DD on the Docomo deal and the companies finances as they appear to do in multiple pointless surveys that clearly do not add any value to the SP then maybe they would not be in this mess they find themselves in
Started: pensioner167, 5 Mar 2024 11:50
Last post: pensioner167, 5 Mar 2024 11:50
Https://bango.com/bango-expands-the-digital-vending-machine-with-new-streaming-subscription-services/
I doubt whether these will make much of a contribution in the short term.
Started: pensioner167, 5 Mar 2024 11:42
Last post: pensioner167, 5 Mar 2024 11:42
Started: pensioner167, 15 Feb 2024 09:46
Last post: pensioner167, 15 Feb 2024 09:46
Started: pensioner167, 25 Jan 2024 10:08
Last post: Robdog67, 15 Feb 2024 08:50
Some big buys early doors. Looking good 👍
Hopefully the re-rate has begun and rinse and repeat over the coming weeks back to a justified valuation
Excellent day in a real down market day. Is there something coming tomorrow or has the re-rating begun already 🤔🤔
Pen167
I suspect the market boys are not convinced they have a a handle on the spend and insufficient cash in the bank, if they can demonstrate this then I think the value will increase as per your suggestion as this would only make sense, maybe Bango just need to take a breather on the road to world domination of the super bundling and DCB and show what cash they can generate with limited development spend and only then start to invest, they are running to close to the bread line as the recent TU demonstrated, a couple of unforeseen costs and there is insufficient buffer in the bank for comfort and the market will react as it did,
Hopefully the Bango management are educating the market and we are now on the recovery on the run up to the full year results
Over the years I have encountered a number of instances of the stock market apparently being irrational. If one compares the numbers for Bango in 2017 to today, sales have increased by a factor 10 and the company is now making decent profits compared with losses. In spite of this the share price is less than half of what it was in 2017. The level of sales and profit for Bango is very difficult to forecast. What is certain is the numbers are improving rapidly. Had the forecasts been lower so that they were met then I would expect the share price would now be more than double what it is now.
Started: slowburner, 12 Feb 2024 10:31
Last post: Spacerat, 12 Feb 2024 13:28
I suspect late March - gives more time for positive news which I’m sure they’re endeavouring to get to.
The lack of news or update on analyst forecast is certainly not helping the SP, probably there will be nothing until the full year numbers are issued in March although they have not yet announced the date, last year 28th March, 2022 it was 8th March so no clear indication of when it will be, suspect they will issue a RNS this week
Their broker stated 300p plus over a year ago I think. Priceless
Share price a bit bonkers now. If 180p was the “right” level in the run up to results with an expectation of $12m EBITDA then it should be well north of 180p at some point later this year when they hit more than $16m. Some people moving money out temporarily, I imagine, but this seem a bargain to me, for those prepared to wait a little while.
Good - a useful bit of cost saving there. Next year we can look back at their ridiculously conservative forecasts and laugh.