Bango (BGO)

Sector:

IT Services

Index:

FTSE AIM All-Share

103.14p
   
  • Change Today:
      2.14p
  • 52 Week High: 206.00p
  • 52 Week Low: 95.60p
  • Currency: UK Pounds
  • Shares Issued: 76.83m
  • Volume: 104,289
  • Market Cap: £79.25m
  • RiskGrade: 277
  • Beta: 0.22

Sunday share tips: Bango, Harworth

By Alexander Bueso

Date: Sunday 28 May 2023

LONDON (ShareCast) - (Sharecast News) - The Sunday Times's Lucy Tobin recommended shares of Bango to readers, telling them that the price had further to run even after their year-to-date surge.
Bango's mobile payments platform was now used all the big app stores, including those of Google and Amazon, allowing users to charge their phone accounts for purchases and feeding an eightfold jump in Bango's sales between 2016 and 2022.

The same platform was also licensed to clients in the telecoms sector who used it to sell product bundles fro its digital vending machine.

The firm also used its enormous vault of data so that app developers and merchants could target paying users.

Some analysts also believed that the recent purchase of NTT Docomo's global payments arm had transformed the business case.

So trading on a price to earnings multiple of 13 for 2024 the shares offered good value, Tobin judged.

The Financial Mail on Sunday's Midas column told readers to hold onto shares of Harworth.

Harworth owned approximately 100 former mining sites that were in various stages of renewal and reconstruction.

Ultimately, roughly 30,000 homes would be built on that land, as well as offices, warehouses and parks.

Furthermore, when the current boss, Lynda Shillaw came in during 2020, the company's assets were valued at £500m, but her goal is to double that number by 2027.

The shares had fallen from 154p just before Shillaw joined - and Midas recommended the shares - to 120p.

That was less the 190p per share at which the assets were valued.

"This discrepancy reflects concern about the wider property market, but it should reverse as Shillaw continues to deliver her strategy. Many employees come from mining backgrounds too, so they are deeply committed to the business.

"Existing shareholders should stick with it. New investors could grab a bargain at current levels."







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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

 

Bango Market Data

Currency UK Pounds
Share Price 103.14p
Change Today 2.14p
% Change 2.12 %
52 Week High 206.00p
52 Week Low 95.60p
Volume 104,289
Shares Issued 76.83m
Market Cap £79.25m
Beta 0.22
RiskGrade 277

Bango Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
58.17% below the market average58.17% below the market average58.17% below the market average58.17% below the market average58.17% below the market average
30% below the sector average30% below the sector average30% below the sector average30% below the sector average30% below the sector average
Price Trend
66.51% below the market average66.51% below the market average66.51% below the market average66.51% below the market average66.51% below the market average
74.71% below the sector average74.71% below the sector average74.71% below the sector average74.71% below the sector average74.71% below the sector average
Income Not Available
Growth
0.46% below the market average0.46% below the market average0.46% below the market average0.46% below the market average0.46% below the market average
17.50% above the sector average17.50% above the sector average17.50% above the sector average17.50% above the sector average17.50% above the sector average

What The Brokers Say

Strong Buy 0
Buy 1
Neutral 0
Sell 0
Strong Sell 0
Total 1
buy
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

Bango Dividends

No dividends found

Trades for 25-Nov-2024

Time Volume / Share Price
08:36 3,200 @ 103.15p
08:35 12,000 @ 103.15p
08:35 9,627 @ 103.78p
08:22 500 @ 103.90p
08:18 5,770 @ 103.98p

Bango Key Personnel

CEO Paul Larbey

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