Member Info for slowburner

With everything else that is going on it slipped my mind the UK Disney Plus launch in the UK this morning. Also available in the following lock down countries

Australia, Austria, Germany, Canada, Ireland, Italy, Netherlands, New Zealand, Puerto Rico, Spain, Switzerland, United States, United Kingdom

What better way for mum & dad to keep the kids entertained whilst they are not attending School and cannot go out with their mates, only after they have done their home lessons of course lol

https://www.businesswire.com/news/home/20200323005215/en/Bango-Quantifies-Increases-%E2%80%9CStay-Home%E2%80%9D-Behavior

meant to say Ray Anderson states in the interview doubling of EUS is not maintainable but confirms doubling of EUS is expected for the coming year and foreseeable future years

https://www.proactiveinvestors.co.uk/companies/news/915429/bango-plc-s-ray-anderson-talks-5g-opportunities-and-recent-deal-with-hatch-915429.html

I doubt many people understand the importance of what is happening and the impact this in app payment spike ( sorry significant spike) will have on Bango revenue and the increased data passing through the platform for years to come. What makes this spike in in app payments different from a spike several years ago is that previously a spike mostly involved one off payments that would spike and then drift back down over time. With the increase in subscription services this spike will result in recurring 12 monthly payments and beyond

Looking forward to the July trading update already unless PERL decide to give a revised outlook

I think once the RNS announcing the annual grant of 50k options has been issued which normally comes approx 1 week after the results the SP will start to fly

With operating costs and margins so low it will extremely difficult for others in the payments business to compete against Bango and almost impossible for a new kid on the block to muscle in.

Also with the world wide COVID 19 epidemic and the stay at home policy world wave likely to last for 6 months the Bango plug and play technology must attracting many companies such as Hatch to come inside the Bango circle and they can do this in a matter of days / weeks

EU & Rest of World ticking up nicely, UK starting to show momentum, US / Canada flat lined

UK 173k up from 30k
EU 2,440K up from 1,339k
US & Canada 1,546k down from 1,559k
Rest of World 5,151 up from 3,692

A spike in app payments that lasts for 6 months would be interesting

https://bango.com/news/general/post/stay-at-home-behavior-leads-to-in-app-payment-surge?utm_source=twitter&utm_medium=sm&utm_campaign=BM&utm_content=160320

All as expected and a measured comment on the up tick in business on all 3 fronts as a result of Covid 19 stay at home policy without appearing to be smug

Good to have another partner on board to take advantage of 5G

Let’s see if the market reacts in these difficult times

My view is Bango are performing very well and the COVID 19 will have a positive impact on EUS and the market place in Q1 and beyond. However tomorrow will be about 2019 and providing Bango have sufficient funding and do not need to go to the market there is no reason why the BoD would wish to give any details of the upside other than a hint. If this is the case the BoD will be happy for the SP to slide further awaiting their annual share option allocation at a reduced SP with full knowledge that in time their share option allocation will multiply 10 fold and maybe more in the near future

Whilst there has not been a RNS to confirm the date final results will be announced on Tuesday 17th March

I had been expecting at least 2 RNS to have been issued this year so far maybe 3

Firstly if you announce a shortfall of revenue in your Trading update as a result a the delayed signing of 2 x contracts. which had a negative market reaction then it would only make sense to inform the market at the earliest opportunity that the contracts have now been signed so one can only presume the contracts are still unsigned

Secondly according to the 22nd November RNS Bango should have acquired the remainder of the Maras shares for circ £1m by end January which would require a RNS so again one can one can only presume this is still outstanding. In relation to the Maras shares the last date that Bango can hold out is 20th Feb according to the Jan 2018 RNS

I would also have expected an RNS for the Final results day by now

Maybe all 3 are linked but I’m sure the first 2 are

I would think that with Asia being a key market and the impact of Coronavirus on travel and also the cancellation of MWC 2020 in Barcelona an event at which Bango have in the past used as a platform for launch of new platform tools is also having a negative effect on the SP although this should be short term and result in a further buying opportunity

Anybody notice in the PER update it states on page 1 Bango have £3.5m in cash where as the trading update on 31st December stated only least £2.5m at year end

Good month so far if this is the case, maybe one of those delayed deals has already closed

Good read

https://www.businessweekly.co.uk/tech-trail/tech-profiles/ray-sunshine-anderson-spearheads-new-era-growth-bango

Unfortunately I could not make the strategy day this year ( have been the last 3 years) and without the commentary that you get on the day from the BANGO team the presentation slides do not provide the full picture of how BANGO are progressing and their vision for the future.

https://bangoinvestor.com/wp-content/uploads/2020/01/Bango-Strategy-Day-2020.pdf

Strange we have not had the usual Proactive BoD interview following the trading update

Based on the final results last year announced 19th March Bango will be entering its closed period end of this week so if they have any updates on the delayed contracts or anything new then this is the week. Unless they push the results back the strategy day will not provide any new price sensitive info.

Maybe another BoD share purchase this week would be a good sign