Member Info for slowburner

So with only US$20 plus revenue ??? to play with for the remainder of the year not a lot of room for error The plus point is they appear to have reduced cash burn in the period July and August or have had an upturn in revenue although suspect the former Could do with understanding the agreement with Jabil a little more on who pays for manufacture of the pallets / materials especially for the lease / rental contracts as revenue is long term

The other plus from today's RNS is that Walshy has promised to update the market in the remainder of H2 Now that is progress lol

BANGO are certainly grabbing some market attention in recent weeks so if they deliver on the additional App Store and operator routes planned for the remainder of 2016 and into 2017 then I can see continued progress with the SP although I'm always nervous when a companies SP is based on potential and not book price but that's investing for you

So there is life in the old dog yet The key point about this agreement whilst not stating any volumes Jabil would not get involved with RM2 unless like Woodford they see long term potential. in fact I think that Jabil are even bothering to set up manufacturing facilities for RM2 indicates they see far more than just potential. Still a share for the bottom draw for the next few years but make sure it's a big draw

I wonder which MNO Group BANGO have agreed the multi roll out of Windows 10 and if we will get a RNS

As I said Bango results normally have a negative impact on the SP

The BANGO results normally have a negative impact on the SP but this morning may see a change.to the norm I'm hoping for a H1 EUS north of £48m although this is dependant on when they started to book the BilltoMobile EUS, Also remember BANGO have the one of cost for BilltoMobile so the headline will read Bango losses widen although EUS spend increases approx 150%. The EUS spend update will also be interesting after all the Pokemon Go hype so this is anybody's guess but anything approaching GBP200m will be great news

Holding RNS explains the volume and II's hoovering up more of the gold dust Exciting times ahead as DCB becomes a main stream payment option even in the world of the credit card

Whilst the attached is related to probably BANGO;s main competitor I think this is great news as it demonstrates that DCB is gaining traction and support by financial bakers and will become a recognised main stream payment option in the not too distant future. Shame BANGO at this time are not involved with Apple but I think the DCB pie will be big enough to feed both BANGO and Boku with a healthy profit in years to come http://venturebeat.com/2016/09/01/boku-raises-13-75-million-as-carrier-billing-adoption-accelerates/

pensioner167 Many thanks for taking the time to respond, lets hope your correct in that the lowest cost provider will triumph and good luck if your invested. I think with a bit of luck BANGO will do well over the next few years

Does anybody know where I can find details of the end user spend & financial performance of BANGO's competitors Boku and Furtmo. Both appear to be doing deals on a daily bases whilst BANGO appear silent on any new deals. The reason I'm asking is that many articles state the carrier billing market is already worth US$3 billion but BANGO who claim do be the No 1 carrier billing company only have US$ 1/4 billion in end user spend so which companies are processing the other US$ 2 3/4 billiion ? Othe plus side you could say BANGO have just under 10% of the market and if the market does reach US$ 30 billion as many articles forecast and BANGO maintain their market share @ or around 10% I for one would not be complaining especially if they keep their overheads down as they say they can.

You can access now https://www.youtube.com/watch?v=Q2D0gVrOHd4

I see the SP ticking up in the run up to the H1 results on 20th September and whilst it's not hard to calculate the H1 results the key issue that the market will be looking for will be the update on the EUS and the impact Pokeman Go has had which if significant will see Bango through to profit making and beyond.

Bango CEO Ray Anderson has done an interview with Proactive but I can not find it on the Proactive site https://www.google.co.uk/search?q=bango+well+positioned+for+global+growth+in+app+market&ie=utf-8&oe=utf-8&client=firefox-b&gfe_rd=cr&ei=d8G2V4bHGI7DNPObjtgJ

Several web sites reporting Apple have launched further carrier billing availability in Switzerland and Taiwan as from today Last reports said that Apple are working with Boku but nothing confirmed either way since although the SP tells the story

Can anybody explain how Mr Sneller can buy 1m shares without this appearing as a trade

First you need to get to boom time which I would suggest 12 - 18th months away maybe sooner but that's the risk of waiting on the sidelines. For boom prices I suggest you need to do the research to work that one out for yourself as boom for once person is not the same as boom for another. However, when doing your research remember less than 12m of the 65m shares are not held by II;s or BoD and that is now reduced further since the holdings RNS on Monday when Mr Richard Edgar Sneller popped his head above the 3% parapet and declared he was already at the party.

Great news New markets in South Korea, China, Japan and Taiwan and bar codes and fingerprints to authenticate mobile money transfer payment systems all in one hit Boom time not far away

I think a tree shake took place today although further short term SP decline can be espected. The Mms and Odey wil decide !!!!!! Remeber Pokemon Go is short term revenue and BANGO have a bigger pot of gold at the end of the rainbow to seek out Keep the faith 😀

On 11th July BANGO reported at the end of June end user spend hit 159 million = 13.25m per month. As Pokemon Go was launched in the US, OZ and New Zealand on 6th June it could be that the June figure already included Pokémon Go revenue although how much is any ones guess. To break even BANGO need just under 21m per month ( based on annual 5m fixed overheads & a 2% margin) so that's a big leap to be profitable by September and even then BANGO would still be running at a loss for the year. However, if the Pokémon Go impact is so big and BANGO announced break even on a month to month bases in September then we would certainly have a multi bagger far earlier than forecast. Now that would be nice