Audioboom Share Discussion Threads

[bobby1904] 23/10/2020 09:31

Beginning of a new chapter here imo. I think the 192 investment is significant....

[wooty01] 21/10/2020 11:02

Solo oiler joins the glum band. They say they have the PI interests at heart and continue a crusade for what end. I just hope one day soon Boom is taken private letting it continue to out perform other podcast companies without the negative bias. Then a nice private sale which could happen very quickly.

[mrbear2] 21/10/2020 08:20

After all that selling yesterday especially that 200k one I was expecting an RNS today but expecting to see that someone had reduced their holding. Oh well, let's see if Candy & Tobin continue to buy. I'm still holding but have reduced my 'pot'. Am currently at breakeven so am happy to hold short/medium term.

[solooiler] 21/10/2020 07:59

At the end of the day they turned down any bids if there were any and raised money at a level which would be well below your expected bid ranges. You think a global tech company if they were really interested in Audioboom would quibble over a few million pounds when making a bid....?

"there has been limited interest in paying the level of premium to the prevailing share price that the Board considers would represent appropriate value for shareholders"

Madness to construe this as good news or a buying opportunity because others in a formal bid process couldnt see the value. If anything that makes it LESS likely for me to want to trust any broker price target. We are in a world with minimal cost of interest and a flurry of tech m&a and nobody could see the value in stumping up to what the board saw as fair value

Why? And no us retail shareholders do not have more data, knowledge or insight in valuing a company compared to what have presumably been many bidders in a FSPP

[royalalbert] 18/10/2020 17:45

H100 see you are having a few problems with certain posters, derampers here time to buy I say.

[richyrich8] 18/10/2020 13:06

As for the bids, all that rubbish came from the man himself. So I question your assumptions on Rachel (man or lady) being as reliable as you think. As for yourself I have no idea but given your thoughts here hmm...

[richyrich8] 18/10/2020 13:05

Hedgehog... By 192 I'm assuming you mean Rodger Seargant???? If so then better ask yourself the question why. I wonder if it has anything to do with the fact he's chasing a massive loss and a big gambler...

[ken chung] 18/10/2020 08:13

Going down.Lemmings and mushrooms only.

[ken chung] 18/10/2020 08:10

This loss make by pile of poo is heading for 100p then 70p. It's only a question of how fast will it drop. Lemmings and mushrooms only.

[hedgehog 100] 17/10/2020 20:51

Jasper,

Can't you read?

I'm using scuttlebutt as ONE source of info., to help build up a picture with other sources.

[jasperthemonkeygod] 17/10/2020 20:47

Ok, agreed there was no mention of any bid prices in the recent RNS

And your stellar analysis appears to be based on anonymous internet posters

[hedgehog 100] 17/10/2020 20:07

"SCUTTLEBUTT INVESTOR
THE PATH TO INVESTING WEALTH IS PAVED IN SCUTTLEBUTT"

“The business grapevine is a remarkable thing. It is amazing what an accurate picture of the relative points of strength and weakness of each company in an industry can be obtained from a representative cross-section of the opinions of those who in one way or another are concerned with any particular company”
— Phil Fisher, “Common Stocks and Uncommon Profits”

[hedgehog 100] 17/10/2020 19:58

Jasper,

First of all, can people please remember that BOOM has had a 100-into-one consolidation.

So the bids weren't about 5p per share, they were about £5 per share

BOOM's 7a.m. RNS on 14.10.20 makes it quite clear that there were bids at a premium, but obviously the precise details are confidential, so we apply research and analysis to 'put more meat on the bones'.

And if your look at media and technology takeovers, you will see that successful bids for relatively small listed companies are commonly at double or more the pre-existing share price.

Earlier this year Allenby Capital valued BOOM at fair value of 475p per share.

Rachel has told us that there were bids at around £5 per share, and she has shown herself to be a reliable and accurate source of info.

Takeover valuations in this sector support the above figures.

So I think that the onus is on you to prove your counters claims.

Especially as neither you or Rich seem to have any track-record of any real successful analysis or investment, unlike myself.

I would also ask you, why do you think that 192 were so keen to invest over £3M. into BOOM, out of all the companies in the world, at such a big premium?
And look at their success in choosing multibaggers.

Then you have multi-millionaire internet businessman Chris Akers buying big into BOOM this week.

In conclusion, predators now know that they cannot pick up BOOM on the cheap, and that the company are prepared to walk away if their valuation isn't met, and obtain investment at a big premium from elsewhere.

Predators know what they have to pay, and are free to do so in due course:

14/10/2020 07:00 UKREG Audioboom Group PLC Trading Update, Conclusion of FSP and Subscription
" ... This does not prevent any parties approaching the Company in due course, but this would no longer be within the framework of a FSP and the Company will not be actively seeking prospective buyers. ... "

[jasperthemonkeygod] 17/10/2020 18:32

Which RNS was the 5p bid in?

[richyrich8] 17/10/2020 17:28

And who exactly told you that Hedgehog? I thought it's all become pretty clear that was all lies.

[hedgehog 100] 17/10/2020 16:37

JasperTheMonkeyGod 16 Oct '20 - 22:59 - 3407 of 3408
" ... I don't think Boom has anything to sell ... "


Jasper,

You are posting quite extraordinary nonsense.

Audioboom is ranked as the sixth biggest US podcast network:


That makes it a very valuable business, which is why there were competing bids for the company at about £5 per share.
Which the company turned down because it feels it is worth a lot more than that.

And any intelligent investor will believe the company's RNS, not a deramping troll.

[jasperthemonkeygod] 16/10/2020 22:59

Well I'm sorry Hedgehog, but I think you're barking up the wrong tree

Raine didn't ask for any fee

That could be NC or it could be Raine saying sorry

Everyone assumes NC's successes in property would somehow translate into some success in investing in blue sky technology stocks

I don't see why that follows, not the same thing. One is bricks and mortar, the other is unknown

I don't think Boom has anything to sell, the usual suspects dominate, any interesting IP they had they appeared to jettison

It might, after half a decade, limp to breakeven, notwithstanding the loans but this has always been 'next year' for as long as it has been going

I keep a few but I think it's another Stanelco; good luck with your investment

[hedgehog 100] 16/10/2020 17:15

Jasper,

I wouldn't have mentioned it but for your silly, repetitive sniping.

[jasperthemonkeygod] 16/10/2020 16:59

I don't think this thread can take another narcissist tbf, one was enough

but well done you

[hedgehog 100] 16/10/2020 16:18

Hedgehog 100 12 Oct '20 - 11:56 - 3338 of 3403 Edit 0 0 0
" ... But I can speculate on a third possible outcome: a sort of 'hybrid' between a takeover and no sale: i.e. another company takes a large strategic stake in BOOM, at a large premium to the current share price of 172.5p, as a prelude to a takeover later."


Well I was right about the strategic investment here wasn't I Jasper.

No one else on this thread saw that coming - least of all you.

[hedgehog 100] 16/10/2020 14:03

Look at how well LOOP has done: market cap. £130.29 million at 235p.
A five-bagger from its March low.

Some people said that it couldn't compete with Zoom, but there is always room for competition.

BOOM is lockdown-resiliant, and if anything should benefit from increased activity online in lockdown.

Investors should gradually wake up to the potential here as a pandemic play.


Loopup (LOOP):