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Last post: Batterseafish, 9 Apr 2024 19:51
Am surprised no comment re what appears to be huge deal in India. Am visiting there now and the app seems to be used by many businesses large and small. Payment with the app on a smart phone means no card required and no payment machine required by vendor. Work's by scanning a qr code smart phone to smart phone. This could be. a good way for PI to gain exposure to fast growing Indian economy. Maybe a billion consumers. Could be significant even for a company with a market cap as large as Boku.
There is a bit of confusion out there in the market this morning about trading update EBITDA of $27.3m versus $25.8m.
- They decided to pay $2m worth of bonuses to the wider employee base given the amazing traction in 2023 after the year closed. Half of this, which is non-contractual, is being asked to be accounted for in FY23 by the new auditor despite cash impact being FY24 - makes sense.
- If you search for 226 in the release, you will see that their AWS payments have been redefined; they go from being accounted for in depreciation to being accounted for in opex. The new auditor takes a different view to the prior here, and c.300k has been taken from depreciation and put into opex in FY23 because of this - again, makes sense to me.
- These things together account for the difference, and we are not reading too much into it!
STRONG BUY
Last post: Contrary, 23 Jan 2024 15:33
I am new to this company, but am a holder.
I would be interested to hear others view on the growth of the company and how much development is taken to intangibles rather than going through the P&L - to me it looks as though LPMs are the star of the year but how much of that revenue has to be shared with the partners - or is that $16m just our share? Also, why did the core business seem to only grow 15%, if I am not mistaken?
All info gratefully received.
Generally, an extremely docile board for such a large (AIM?) company!
Started: Alas_Smith, 17 Jan 2023 10:40
Last post: Alas_Smith, 17 Jan 2023 10:40
The recent lows in September seem to be in the rear view mirror. I remain underwater, but not inclined to add to my losses through averaging down; my preference being to average up.
A mention here might be of interest https://citywire.com/investment-trust-insider/news/expert-view-888-mands-asos-boku-mj-glesson/a2406745
Started: Hufc1908, 1 Oct 2022 18:01
Last post: Hufc1908, 1 Oct 2022 18:01
One situation which remains off the radar is Boku (BOKU), where the payments company’s recent deal with Amazon and expansion into new territories is a highlight. This is especially a standout given https://www.share-talk.com/traders-cafe-with-zak-mir-a-week-in-small-caps-saturday-1st-october-2022/
Started: Hufc1908, 24 Sep 2022 12:18
Last post: Hufc1908, 24 Sep 2022 12:18
Ordinarily, payments company Boku (BOKU) signing a three year deal with Amazon, would have delivered a soaring share price. In this case https://www.share-talk.com/traders-cafe-with-zak-mir-a-week-in-small-caps-saturday-24th-september-2022/
Yes of course, do forgive my complete and utter ignorance. The metrics are so strong that investors have decided that dumping their Boku shares is the right strategy. I've always placed my faith in companies where upon the share price has literally tanked. "STRONG BUY" Let me guess, you're a bag holder at the 195p mark. Good luck seeing that price again. You'll see the IPO price first before you'll see anything above 100p. Please do show me the strong metrics you speak of, educate me....
clearly you don't understand the business not know how to read an RNS.
All operational metrics are roaring. Bottom lines has been affected by currency which is external to the company and should wash trough over time.
Boku is at the forefront of digital payments. STRONG BUY
A luke warm update, snail pace growth. Not impressed. I see an abundance of potential in this business. However, I'm beginning to wonder whether or not Boku and its CEO has the capability to actually start producing real growth without needing a pandemic and a global lockdown to accelerate the business.
Started: Alas_Smith, 27 Jul 2022 08:19
Last post: Alas_Smith, 27 Jul 2022 08:19
Reads very well.
Disappointing to see the MM massively pushing the price down meaning the purchases under the share buyback programme are t more than a 50% discount to where this was trading at a few months ago.
In some ways its a big positive as the company is acting fast to repurchase shares they see as significantly undervalued (so a clear statement from the insiders they think shares are mispriced) but equally disappointing that MMs have surpressed the price when compared to others in the second where prices are up 20% or so in past month.
When a share buyback is announced a share price usually heads north. So why this has done to opposite puts some serious questions to Peel Hunt and their MM colleagues as to how they've managed to avoid this happening in what is a limited traded share.
Some serious volume coming in today and for this entire month overall. We could be at the beginning of a reversal. We shall see.
The shares to rely on in a recession: Investing experts flag 80 small and mid-cap UK firms that could thrive as an 'unusual' slump looms.
https://www.dailymail.co.uk/money/investing/article-10850263/The-UK-shares-rely-recession-Experts-pick-80-stocks.html
Started: DaddyAIM, 30 Mar 2022 23:35
Last post: DaddyAIM, 30 Mar 2022 23:35
I struggle to understand the selling pressure, swing to profitability, no more identity, strong outlook, margin expansion. STRONG BUY
Started: Kilminster, 21 Mar 2021 11:26
Last post: Kilminster, 21 Mar 2021 11:26
Very warm update on BOKU today. Growing tech company that will benefit strongly from changes in payment methods. BUY.
Hopefully this new link-up should push the SP a bit higher.
Started: eatstocks, 9 Feb 2021 11:16
Last post: eatstocks, 9 Feb 2021 11:16
they are now covering BOKU on their channel
https://discord.gg/YBm85AXHte
Started: FONDA, 15 Jan 2021 11:21
Last post: FONDA, 15 Jan 2021 11:21
A lot of investment last year with acquisitions and will there be more and further partnerships to follow - we shall find out , possibly ?
https://www.sharesmagazine.co.uk/events/event/shares-investor-evening--webinar-200121
Last post: Bull.Bear, 30 Dec 2020 09:35
Is Trading 212 a US Broker? because if so you can't buy through a US broker. For Example, Interactive Brokers are a US based broker and you can't buy Boku through them. If not have you asked Trading 212 why ?
Does anyone know why I can't buy these shares on trade212?
Thanks
Started: Kilminster, 27 Dec 2020 17:21
Last post: Kilminster, 27 Dec 2020 17:21
Warm comments from Midas column. Share price growth to continue during 20221.
Started: Kilminster, 21 Dec 2020 08:11
Last post: Kilminster, 21 Dec 2020 08:11
This bad covid time will expand Boku trade. Strong Buy.
Started: Kilminster, 9 Dec 2020 07:52
Last post: Kilminster, 9 Dec 2020 07:52
I believe Boku will strongly progress. This is a share to keep. Takeover more than possible. Core investment for me.
Started: 50glass, 12 Aug 2020 09:34
Last post: Bull.Bear, 29 Oct 2020 01:37
And it just keeps coming.
And the good news just keeps coming. Today's RNS is excellent news.
This company is just getting on with the task in hand. Feel my investment is in safe hands.
It's nice to find a discussion board where the stockholders are positive and can see this company for what it truly is.
Started: 50glass, 24 Sep 2020 09:34
Last post: 50glass, 24 Sep 2020 09:34
Great addition to the Board announced today.
Pity that the RNS manages to say the opposite of what it means: "Her combination of industry knowledge, financial acumen and governance experience is hard to find." I think what it means to say is that her combination of skills is unusual; not that it is hard to fbnd in her.
Started: redbarge, 18 Sep 2020 08:31
Last post: redbarge, 18 Sep 2020 08:31
I managed to catch the investor presentation last night. Exceptional to say the least. I encourage any Boku investor here to contact the company for a copy of the presentation. The two major developments to truly come online now are first the E-wallets. 9 E-wallets now live all across Asia. These alone demonstrate significant growth prospects for the company. Also, Identity, they have ironed out the bugs and I see this truly performing in the coming year. And let's not forget the current backbone of the business, DCB. Which they have demonstrated works extremely well for them. And now with Fortumo onboard, it will begin hoovering up all the lower turnover but higher fee sales, leaving Boku to run the higher turnover lower fee sales. They also demonstrated that this still has a long way to go. Exciting times.
Last post: redbarge, 17 Sep 2020 11:17
@JTDOLAN Totally disagree. I see absolutely zero to compare with Bango. Boku is in clear profit. Boku management is absolutely solid and is all well versed in the payment industry. Boku's cash position is streets ahead of Bango and the latest acquisition of Fortumo proves this and cements their position as the clear front runner in the mobile payment arena. As for their identity business, I am confident it will shine its true potential hasn't been released yet and to be fair it's hardly a ball and chain to the rest of the business. To call it "a dog" is a little unfair at this point in time.
Agreed, it's a slow burn in the current climate and the adoption of paying by mobile, which I believe is still in its infancy, imho of course.
It's interesting comparing both Bango's & Boku's results. BGO seems more likely to excel (50% growth rate) due to their data business. Identity is proving to be a dog. I think tho that DCB is a bad business to be in, no money to be made. All in JT's opinion.
My thoughts, based on metrics and environment, is 125p within next 12 months.
Started: DaddyAIM, 16 Sep 2020 10:01
Last post: DaddyAIM, 16 Sep 2020 10:51
Bears will focus on ID(11% revs). As covid normalise, people adapt, ID should rerate, infact ID EBITDA loss reduced to $2m (1H19 $2.3m) despite revs -20% showing operating leverage. Boku remains exposed to highly attractive secular growth trends in mobile commerce and security.
Strong RNS, although not surprising as announced in previous RNS.
Surprised to see numpties selling... why?
The bid price is still going up on the sells, so I’m presuming they are wanting stock to fill a buy
Well one thing for sure, I’m totally suprised this share hasn’t really moved since what I thought was a great RNS.
Some seriously huge buys recently which bodes well but not sure why the smaller guys haven’t picked up on this yet
Started: BoardsOfUK, 26 Mar 2020 12:55
Last post: Bull.Bear, 10 Jun 2020 12:57
Bullish News
Boku (Buy TP 145p) Trading update: strong ytd trend. Boku today updated the market on its first five months, with TPV up 35% YoY, boosted by stay-at-home behaviour changes. This increases our confidence around FY payment revenue expectations. Monthly active users were also up strong (+36% YoY in May) with impressive new user growth (+20%). New payment channels are being launched for existing merchants, with material progress in both the Wallet and Identity businesses. This alleviates our concerns around material disruption from Covid-19 on the supply side. While too early to change FY20E forecasts
(source PH)
The Company announces that Keith Butcher, Chief Financial Officer of the Company, today notified the Company that he purchased a total of 115,000 common shares ......
Great numbers. A 4.7M turnaround on net profit after tax from 2018 and a move from loss to profit.
Future new business looks incredible. Well done Boku.