Member Info for Tigerchamp

Leave red alone Derek, Red's knowledge of RMG has proved to be essential for everyone on this BB. Even though he has a very very very high average lol, he knows his stuff. His constant posting only shows his dedication to keeping the lifeblood of this BB alive. Likewise with Fruitcake

HI Red, hope all's well. The insight and info you provide on this BB is second to none and much appreciated. Keep posting :) Thanks

iWantThatOne, interesting response, appreciate the insight. Next years figures will hopefully shed some light on the margins. The money is in the data tho, and the real positive here is that they have loads of data to be mined and it's growing exponentially. I know they are trying to mine it themselves, who knows tho, I think the data could be bought by another organisation with more expertise and they will mine it themselves. BGO are providing sales leads to app developers which is a niche market, but a growing one. It does look like the data side is picking up. We shall see with Bango.

Yuck

Thanks for the update redceo (feline). On that bit of news, I am going to put all my savings in RMG and post on this BB all day. Sounds like a plan to me. Thanks and have a great weekend pal. Likewise with Fruitcake.

Hi FelineFan (Redceo). By the sounds of it, you have past experiences of owning Std's. IMO your specialist did a poor job with you Feline. How was your night with wolvesy last night btw Red (feline)? hahah, tragic, tragic stuff. All the best :)

I had a look at the progressive equity research release and things aren't as bad as I thought tbh. https://bangoinvestor.com/wp-content/uploads/2019/10/BGO_20191022-Bango-Resale.pdf

But again, it's all predictions in my eyes and I would take what management says with a pinch of salt, management seldom talk down their company, particularly the finance director.

The margins on the transaction platform are going down, this suggests that content providers don't value the service as much as one might think. If this wasn't the case, Bango would defend the added value their service brings right?

Plus, it's been nearly 2 years since the audiens deal and there is no evidence yet of progress on the data front. Do keep in mind, the money is in the data, not the EUS imho.

I am not going to deny the fact that there is huge potential with Bango. The data may provide that niche which could make them.

Again, a great company, but they have burned through a lot of cash without much tangible evidence of progress. People keep saying they are close to making it, but this has been said for a long, long time. I hope I am wrong.

My price is set at 1.90 - 1.95. I reckon i can purchase sooner than one might think: 2 - 3 weeks time imo. What do Fruitcake and Felinefan (redceo) think? You both know so much about RMG so any advice is welcome *sarcasm*

Pull your pants up wolvesy

Redceo by day, feline at night. Wolvesy and Feline (redceo) need to get a room. None of you have a scooby doo imo

You're not off the hook tho Scamp, your defo a shorter. No problem in that tho imo, we are all here to make money. Besides Redceo and his alterego. His average is nearly as high as his hairline. lol

Yes, the CFO was due to leave in April, however, they may not have found someone who wanted to take the job. TBF, on linkedin it appears to me that she jumps from job to job so it may be a common pattern in her career rather than Bango.

Hence why Carolyn Rand is leaving Bango. Yeah, she is definetly not concerned.

Thanks for the response. Much appreciated. But you didn't answer my question.

That cash burn is hard to ignore, agree? It's concerning to me hence why I recently sold with a nice profit. Talking of profit, where is Bango's profit. EBITDA positive is not profit. It seems to me that Bango seems to be surviving, not thriving.

'Bango Platform that the Board expects over the coming years'. How long have Management at Bango been saying things like this? For the last 15 years by the looks of it. I am growing impatient with Bango.

The only thing I can say that is encouraging is people from Nokia, Dunnhumby etc joining. But quality people do join companies and realise that internally, the company is not as great as externally appears. For now, bango is on the watchlist and that is it.
It'd be good to hear from posters like Simon, King Barolo and pensioner. Going from past posts, they seem knowledgeable and positive about Bango and they could explain the cash burn.

Redceo, is right, I confess! I'm just bitter as I am a 60+ year old pensioner with my whole pension in Royal Mail. Oh, and don't forget the fact that I have a very, very high average. So i spend my days ramping up the share price.

This BB really is a joke. I promised my self that this will be my last post on here so bye for now :)

Hi SavvySwede,

Nice to hear from you and It's a shame that you will not be contributing this BB as you seem like you have some key insights to contribute unlike many on this BB. All the best with your investing.
I hope I get an intelligent answer from someone and not get a barrage of abuse for being slightly sceptical.

Cheers

I feel my IQ dropping whenever I read this board. C'mon Redceo, get a life pal. Redceo by day, feline at night hahaha. If only I was joking. Tragic stuff.

Hi,
Pensioner, quick question.
You are obviously knowledgable about Bango. What are your thoughts on their cash burn?
EXTRACT FROM INTERIM RESULTS:
'Cash £2.25m at 30 June 2019 (30 June 2018: £5.88m'.
Burned through a lot of cash, wouldn't you agree?

Plus, it'd be good to see Savvy swede back, I bet he has some key insights. Shame he stopped posting.