Back to the high of the day 425 v 435p
On any rise, it looks like there is some profit taking, but back up again |
These "onerous contract provisions" have been hurting BOOM's profits for the last couple of years. But as they point out these are now concluding, leading to much higher bottom line profits going forward. All very positive.
"Further reduction of more than US$3.0 million of annual minimum guarantee obligations beginning Q1 2025, with further reductions to our minimum guarantee exposure expected throughout 2025" |
"Investment rather than trade"
Exactly :o) |
Think the share price will see some real strength over the next few weeks |
BREAKOUT @ 430p
Once the profit-taking was done there was only one way, and with that it was Breakout from the previous Intraday high. |
I was always after 440p But it's taken a few rests along the way. These results suggest much higher values are likely. |
Looking forward to the presentation later
Always easy to do these when on a positive footing
Will there be a hint of M&A Will Michael resume buying - if not , see above
I think the BoD done extremely well be issuing TUs feeding in upgrades bit by bit to create momentum
2025 looks like the year where Audioboom moves on to greater things |
When the penny drops. Took you a while to realise but well done Festario |
Paying over ask for 2,500
spread 425.0 v 430.0 13:54:40 431.95 2,500 |
Still holding, only 5080, but will hold them a few more days at least. It's starting to look more like an investment than a trade. |
Buyers are back at 420 v 425p as is shown on the ticker, but just gone 424p on the bid now |
A 5K buy got us to 420p bid |
Not much joy for the sell on news brigade and shorters this time around. Good effort but it would seem BOOM has now turned the corner. It seems a buyer has yet again stolen the chancers stock. TUH TUH. Looks like those that tried their luck are now buying back in. Looking forward to the presentation later. |
Spread 415 v 420p
But the last 5 trades all paying full ask 420p So an expected move forward soon |
Thinking this is only going stronger as day goes on and early profit taking runs it's course. Next stop 500p not far away. |
It looks like a 10K buyer paying well over the odds 425p has got the MMs rising the prices
spread 400.0 v 410.0 09:01:12 425.00 10,000
paying 411p for sales, spread 405 v 420p |
A MM was working into a 25/30K buyer during the time that the bid was at 405p, once filled back to 400p |
It seems trades took their profits
Now it has reached a point where buyers are back, as one can do so cheaper than yesterday after the good update. |
Nice dip from those taking a quick turn . |
All good for the Market Makers on the price front 420 v 435p |
Cavendish reiterate £13 target |
Good summary from Myles McNulty on X: https://x.com/mylesmcnulty/status/1879434540449444280?s=46&t=6L3i5L2B0LVcI0QnNB2C4A |
Wow they are superb results |
Hefty pre-market mark-up |
Couldn't have been better. Quite outstanding results. There will be some scratching their heads as they search for something adverse. All major shows have renewed multi year contracts and the company is very profitable. There is expansion with Triton and Vox. |