Member Info for Simon_Said

Fantastic to see how robust the price is now, seems more and more people are waking up to what this company is. I'll keep nibbling while it's below £3.

Definitely. Unlikely but would be very welcome! Of course, in my dreams I wake up to an RNS confirming a further Amazon rollout...!

Speaking of news, what do people think might be the next snippet released? I think they'll want to find some way of showing the Amazon effect sooner rather than later since it had so little representation in the H1 stats.

It's only frustrating if you look at it that way. Look beyond these spikes - over time the direction of travel is clear, this is climbing. Every time it settles a little higher than before the spike. With operation progress as amazing as this, this stock is going to the moon. The current lack of liquidity is exacerbating the share price volatility, but it's also reasonably predictable and making solid progress. Today I bought a good lot of additional shares for just 253p, which no doubt will be worth at least 18% more in just a few months (300p). The pace of news is increasing and we learned from the Investor's Chronicle podcast that the Amazon Japan deal was present in just 2 weeks of H1 data! H2 is going to be a monster.

Plenty will buy back when there's a sniff of good news/market sentiment returns.

A house broker forecast increase is also due now, as I believe the last one was exceeded.

Great to see that. Such enormous buzz around this company right now. I've had to place a limit order to get hold of more shares, nothing for sale right now. Each good news announcement will send this flying. They do need to keep positive newsflow coming, and I suspect there will be more interim RNS's in the next few months with major new deals being declared. Bango generally try to not RNS all of these individually, but equally won't want to hold everything back 6 months till the next results. Could see announcements at any time.

The 'pattern' is just a dropoff due to low liquidity and excessive volatility. It slips back a bit after each leg up, but never as low as it was before. It's 2 steps forward and 1 step back, as it were. This has slipped from 278p on the peak this week back to 258p, to me that's about right and hence went in for more buys today. Remember this was around 230p for the last few weeks. Significant progress has been made. Lack of sellers = lack of trading = lack of profits for MM. You will see some movement as the MM will want to stimulate some trading, but there is very little stock on the open market and few willing to sell. Normally we blame profit taking for lower prices here, but can't be much selling given the lack of shares available to buy. So if a high price didn't stimulate enough activity, they'll try low.

And now can't buy any! It's a feeding frenzy!

Just tried to buy £1k and couldn't even get that! Most I could get was £500 worth. Nobody is selling right now, absolutely locked out.

Munters, thank you so, so much for transcribing that. I had already listened but it's really helpful to read it too. Quick note, the presenter of the podcast is actually the IC's editor in chief, John Hughman. He generally looks at more mainstream stocks, so hearing him also getting pumped about Bango is yet more encouragement. This has FTSE 250 written all over it.

The large spread is because of lack of free float and lack of trading volume. The MM's will have their pound of flesh somehow, and if there's isn't volume to do it then they'll widen the spread. This also makes the share appear more volatile.

Bonum, I completely agree with your post, but the opportunity cost of these shares is weighing on investors, I think some near term sweetening is needed. The long term case has been made enough, but all this about strategic options has created an appetite that needs sating in one way or another. Blame Mr Market, not me.

I'm sure TH is fully aware of the negative consequences of not giving any meaty good news tomorrow. He knows good figures won't cut it, it needs to be something to reward our patience. I'm a big fan of him and this company in its 'second life', but my patience is as ragged as all of yours. I'm sure Toby is cognisant of all this and will have something to appease investors. If it's not a deal then a dividend or... something. He owns a lot of shares here, and in any case a share price collapse and huge swathes of shares hitting the market would leave the company vulnerable. He must have a plan here, he's never given us reason to believe he's foolhardy.

Simon Thompson in the comment section under his article: 'Bango's mobile payments platform helps to drive traffic to Amazon, so it's a win win situation for all parties. Moreover, if it all works out, then the easiest way for Amazon to create its own mobile payment platform is to buy Bango, small chain for a billion dollar giant. Regards Simon' NOTE: 'Chain' seems to be a typo for 'change'.

Lol I guess you guys haven't seen these before. It is indeed an algorith-authored article, there are tons of these. They game Google Finance and Google News so that when you try reading about a stock, these proforma articles rise to the top. They are 'fill in the blanks' based on certain criteria and complete trash. There are a few different variants, they pop up a lot. When someone posts one, I take a note to ignore their postings in future.

Oops, we missed point 11: "This disclosable event is as a result of the acquisition of Hargreave Hale Limited by Canaccord Genuity Group Inc., through its wholly-owned subsidiary Canaccord Genuity Wealth Group Holdings (Jersey) Limited."

Thanks, an ADVFN user Nimbo1 has helpfully put it in plain English: 'On the 18th September Canacord on behalf of discretionary clients finished buying a position of 4.2985% of the company. They notified Bango on the 20th. IMO this could have been what all the volatility was about - unless it was one large block transaction from II to II they must have been accumulating for quite a while IMO'

Canaccord doing some dealing, trying to work out their previous holdings to see if this was an increase or decrease. Anyone know?

The devil will be in the details for these results. Hopefully Simon Thompson will cover them and present the bull case as usual. I think a great deal of the PI's holding this are ST followers, so that becomes quite important.