Member Info for slowburner

Looks like we could be in for a strong finish

Maybe a RNS announcing first month on month profit achieved and an update End September EUS. That would be nice

Surely a 50% dilution which gives the company a life line to stay in business and grow is better than loosing your full investment and potentially we would still be a company with no debt and a growing revenue stream. I also think that Molson, Verlinvest and Woodford would not have thrown an additional US$20m at the company back in June if they did not think it would survive. Some say they had no choice but yes they did, they could have walked away, taken the hit saved themselves the US$20m However, we still have a chicken and egg situation, we need contracts for the finance and finance will not come without contracts. If they do manage to pull it off I could see a nice tick up in the SP

Munsters I would say maybe the 26.5k trade at 2.75 was a buy but all the other 122k delayed trades look like a sell. Anyway probably just MM's just moving stock between themselves and don't announce this in open trading to avoid spooking the market.

Munsters I would say maybe the 26.5k trade at 2.75 was a buy but all the other 122k delayed trades look like a sell. Anyway probably just MM's just moving stock between themselves and don't announce this in open trading to avoid spooking the market.

They are all from Monday when the SP was higher so are all sells

If they can get the finance in place and the the sooner the better as once they are confident on the timing they have hinted they will use some of the cash due from monetizing historical assets estimated US$7.7m towards the purchase of pallets therefore reducing the fund raising , The sums per operating year are as follows Existing 272k pallet pool revenue US$ 7.4m Additional 400k pallet pool conservative estimate US$ 10.89m Total revenue = US$18.29 Operating cost US$1.4 per month = US$16.8 Light at the end of the tunnel maybe

Does make you wonder why AT & T are persisting with this dead dog, maybe they are the interested party ? https://www.healthcarepackaging.com/article/logistics/gdps/live-healthcare-packaging-expo-smart-pallets-are-future

Whilst we will not know what the statement doubling of EUS each year actually means until each year is complete and the results are released if we take the conservative view and start with the 2016 full year £132m this pans out as follows Full year 2017 = £264m Full year 2018 = £528m Full year 2019 = £1056 @ 1.4% margin = £14m revenue Less let's say £6m operating cost £8m profit Nice

What do you mean dog on its last legs, SP jumped 9% today lol

Pensioner I also picked up the hint for 2018 but not as far as 2019 Either way very happy and as you say Mr Anderson is always conservative on forward looking statements

Pensioner Thanks for the link and another great interview, so for the rest of the year we can expect the following - at least doubling of 2016 EUS will be achieved - ramp up of Amazon physical goods revenue - further Google activations - ramp up of Windows 10 / Xbox activations - roll out of first pilot IoT activations ( don't expect much revenue for a couple of years but long term I can see ££££ss Next year doubling of EUS again a good possibility What's not to like

RM2 presentations from Packexposhow Las Vegas, not the most dynamic team presentation but shows there is still life in the old dog yet. It must be getting to the point that the RM2 BoD must advise the market what they are doing to raise the cash for the already ordered pallets and an update on production in Mexico and China https://twitter.com/rm2pallets?lang=en

Simon Agree with you on RNS, there is approx 15 / 15 weeks until the Jan 2018 trading update which is the longest stretch between Bango regular reports so some news flow will be required. In 2015 they issued EUS updates between the H1 report and the Jan 2016 trading update although this was the lead up to the placing. If the EUS continues to rise as it did between end June & end August then I could see an RNS to advise the market that the EUS will exceed market expectations which would provide support to the SP Also as you say any RNS on new major deals would also be welcome.

I see Ray Anderson has been giving a speech on Amazon physical goods at the Carrier Billing Summit taking place in London Anybody attending and can give feed back on what he has been saying ? https://twitter.com/hashtag/CarrierBillingSummit?src=hash

Noirgold Totally agree, buckle up and hold on for the ride Just reading the H1 results and doing some calcs and if we maintained EUS of 400m for remainder of the year and being conservative we have no further increase in EUS (highly unlikely) I reckon total EUS for the year would be in the region of 280m which far exceeds the forecast of doubling EUS and based on a conservative 1.4% margin would give us 3.9m revenue for the year which would make us profitable on a month by month bases going forward although result in a 1.6m loss for the year. However as stated the chance on not increasing EUS above 400m is highly unlikely so if we project a steady increase per month based on the end June / end August increase you could see end December EUS being 600m which would give a total EUS 317m which would reduce the loss to approx. 1m. However based on no increase next year (highly unlikely) Bango would deliver a profit of 3m of which no tax would be due to the 36m carried forward losses. This does not take account of any major new activations resulting from new partner discussions which as Bango have stated a number of which could deliver a billion $ in EUS. Great story PS Hoping they have another strategy day in Jan 2018

Rover90 Yep glad to see it back at the 4 year high and well deserved, Bango took a brave decision 4 years ago when they reached profitability and could have take the easy option and sat back and continued the ramp up on profit although I doubt and Bango saw the future that the old business model was not sustainable and would quickly become outdated. They are now seeing the fruits of that brave decision and 4 years of hard work. This is only the beginning From the Jan strategy day, the Tornado effect is upon us

I would say @ EUS £400 end August this puts them ahead of track and we should have some nice RNS before year end. Be careful of the MM's playing games today

Would appear we have some nervous selling or MM's trying scare PI's into off loading prior to the results on Tuesday My recommendation is hold firm as only good news coming The wait will soon be over

Even the RM2 twit account has gone silent since 17th August , they are normally shouting from the roof tops they are going to be @ booth S-8015 at Packexpo 25th - 27th September Las Vegas