Member Info for slowburner

Looks like Ray Anderson is gathering his foot soldiers using the new funds available to Audiense 6 x Sales directors for the U.K. covering education, telco, financial services, retail, charities & utilities.

Also 7 positions within Bango, click on the more information against the job description for interesting reading

Obviously a company growing fast with big ambitions

https://bango.com/careers

Looks like another one in the bag with our partners MTN & Gameloft down in SA

https://www.gamasutra.com/view/pressreleases/365328/Gameloft_partners_with_MTN_to_create_a_unique_subscription_platform_to_millions_of_South_African_users.php

https://news.bango.com/2007/01/29/bango-powers-gamelofts-direct-to-consumer-mobile-internet-site/

Interesting PER take the time to issue a note on the Boku acquisition of Fortumo

://bangoinvestor.com/wp-content/uploads/2020/06/BGO-20200622-Thoughts-on-MA-in-the-DCB-Sector.pdf

Based on last year we should have confirmation as to the impact of the pandemic on the already expected exponential growth of the company in H1 within 3 weeks although I would not be surprised if they released the TU on or before 1st July

Disney get singled out for some reason, anybody would think Bango already have a relationship in the bag

https://bango.com/news/general/post/a-vision-of-the-future-bango-ceo-looks-to-the-past-present-and-future-of?utm_source=twitter&utm_medium=blog&utm_campaign=BM&utm_content=160620&utm_term=bango

Anil sounding positive on H1 growth, share holders should be happy

Bango have now posted answers to the questions from the AGM sent in by email

https://bangoinvestor.com/2020/05/28/bango-agm-shareholder-questions/

Not listened to the recording but I like the statement at the bottom of the key takeaways

We know who pays in apps because we process $Bn’s of payments for Google Play

https://bango.com/news/general/post/dont-hold-back-ua-experts-offer-advice-on-increasing-app-developer-revenues?utm_source=twitter&utm_medium=blog&utm_campaign=BM&utm_content=280520&utm_term=bango

Apart from again trying to demonstrate that Bango can launch multiple billing routes in a short period I found the RNS last week was a little pointless especially when Bango had already announced the deal with Sun Mobile several weeks earlier, maybe the RNS was giving clues and you just need to join the dots

Viu have just launched DCB in South Africa with MTN who Bango also launched Google Play recently

Viu with 40 million subscribers in 17 markets across Asia, Africa and the Middle East including Hong Kong, Singapore, Malaysia, India, Indonesia, the Philippines, Thailand, Myanmar, Bahrain, Egypt, Jordan, Kuwait, Oman, Qatar, Saudi Arabia, the United Arab Emirates and South Africa are based in Hong Kong and owned by PCCW who own HKT Hong Kong's largest mobile operator who in turn own Sun Mobile who Bango launched Google Play recently.

Sun Mobile offer Viu as a premium service

https://www.sunmobile.com.hk/eng/value/147.jhtml

https://www.telecompaper.com/news/viu-offers-carrier-billing-through-mtn-south-africa--1339903

https://tbivision.com/2020/02/18/viu-originals-drives-asian-streamer-to-41-million-monthly-active-users/

Thanks, now fully educated on equity accounting

The available Audiences on the Bango marketplace is starting to look impressive

https://marketplace.bango.com/?&utm_source=Twitter&utm_medium=sm&utm_campaign=BM_BA&utm_content=220520&utm_term=M33

Now that Bango only hold 40% of Audiens does anybody know how this will impact the financial reporting

Will the Bango payments platform and marketplace be a stand alone company and Audiens will report separately

For the last couple of years Audiens has been a drain on resources / and being generated by the Bango payment platform albeit to good effect, this should now not be the case especially especially with the NHN investment in Audiens

Looks like we will need to wait a further 7 weeks for the trading update, 10th July last year

Increase in buying late yesterday afternoon after the AGM

I'm sure this statement will be attracting further telco partners

To ensure continuous revenue growth from carrier billing across these new routes, Bango technology will be applied to increase payment success, user acquisition and engagement. Mobile operators relying on Bango Boost data typically increase revenue by 20-40 percent, with some achieving growth of more than 70 percent.

Who’s your money on ?

https://www.investopedia.com/articles/markets/030216/worlds-top-10-telecommunications-companies.asp

I have always been of the opinion Ray Anderson after putting 20 years of blood sweat & tears into trying to develop the worlds largest payment technology platforms would take a lot of persuading to give it up when he is on the verge of achieving his dream. Also after investing just short of £10m I would think NHN would have something to say if any TO approach came knocking on the door so it would be some battle

Any thoughts on which global telecoms provider the deal announced last week is with and how this works. I can see a huge increase in EUS via the BANGO platform for the third party services although I would expect targets will need to be hit to increase revenue in addition to the £500K annual fixed fee. There is though the upside of the increased data gathering for the Bango Marketplace

Shame Bango have not provided more info on the deal

So with the 2 outstanding deals which caused a shortfall of circ £2m in the 2019 accounting period now complete and the expected uptick in EUS as a result of global lockdown H1 revenue should have been turbo boosted on top of the already expected exponential growth

Looking forward to the next TU when ever it comes

It clear from the recent RNS from Sukey that only questions relating directly to the business of the AGM should be sent by email. The RNS also states that the AGM will be reduced in length and limited to the formal business required, as set out in the Notice of AGM (resolutions 1 -11). Therefore as there is no resolution related to business since the end of 2019 accounts any questions that would provide any sort of trading update will not be answered.

Lets hope in these unprecedented times the Bango BoD change the norm and take the opportunity to release a TU statement on the morning of the AGM if not before.

Pen167

Unless Bango have already issued information to the market then they will not be allowed to respond to questions. Agree, maybe the questions raised in emails may prompt Bango to release a TU on the day of the AGM.

I know Bango don't normally bow to share holder pressure to release info / updates although in these unprecedented times I would hope they take a different view

Its the AGM 22nd May not a trading update, BANGO have not issued a trading statement on the day of the AGM for several years . Maybe they decide this year justifies one as their will be no attendance from share holders at the meeting due to COVID 19 restrictions

Otherwise trading update early July although as stated on previous post I have a gut feel the impact of COVID 19 may require them to update the market earlier