Audioboom Share Discussion Threads

[pmtomkinson] 09/4/2020 11:10

You know exactly the point I'm making. But you keep repeating that you've been right looking back. That was when you were Doberman and now a mere Spaniel. Enjoy your past life!

[poebardem] 09/4/2020 10:58

Most recent comparable M&A (similar revs, growth etc..) was at $200mm. That would be £14 for Boom. A challenge for AB in this market, but considering Candy who could block a sale with his stake is probably averaged at £2.50-3.00. Logic suggests minimum of £4 buyout.

Why would he sell for less than that? Not worth it for him, doesn't need to. Also, previous poster highlighted something about Raine likely benefit over £4, so anything less not interesting to them either. Why take it on if they don't think they can sell it at a good price. They are a credible outfit, why bother.

Chairman's approach is methodical with a focus on delivering not the previous management approach. The recent RNSs are carefully worded, but if they are publicly saying good interest, it's most likely going very well. Fits with the Chairman's style.

Even at £4 that's 2.2x current share price. A steal right now.

[cocker] 09/4/2020 10:48

For how many years have I told investors to stay clear and have been vindicated. Not really sure what point you're trying to put across, as we are all entitled to a view. Forget covid 19 which has had a bearing on almost every stock, this one has failed miserably over the years and the last resort is the fire sale we have today.

[deanoblues] 08/4/2020 16:55

https://twitter.com/walbrookpr/status/1247824281142255616?s=21

[pmtomkinson] 08/4/2020 08:23

Excellent post.

[mdchand] 08/4/2020 07:57

TBH - any acquirer could easily strip out overhead costs (UK base & US base) and internally fund the cash flow until the company did reach breakeven - which may be 6 to 12 months away. The jump in ePCM rates is quite staggering, which will have a multiplier effect through out the year.

I would also point out the world is awash with unbelievably cheap finance so its costs of funding a purchase have never been cheaper.

I hate the term inflection point, but in 12 months the cost of purchasing Boom could be substantially higher, so now would be an ideal time to buy Boom while prices are artificially depressed.

But, you also need to be happy holding these shares based on LT fundamentals, and I am comfortable with the wider macro environment which is very supportive.

[hazl] 08/4/2020 06:58

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[deanoblues] 07/4/2020 22:44

https://twitter.com/stuartlast/status/1247633006975684608?s=21

[jasperthemonkeygod] 07/4/2020 22:17

Btw, it's moot, not mute

[jasperthemonkeygod] 07/4/2020 22:04

actually, re-reading the RNS, Q1 turnover is $6.4 mill

not sure Q2 will be the same, which leaves a mountain to climb in terms of H2 if they are to meet Allenby's forecast of $33.1 mill, which from memory still has BOOM loss making

with $0.8 mill in the current account..

again, I think the loan will be used, but not for growth

[cocker] 07/4/2020 21:38

The new owner of Boom!. FFS, do you honestly believe in your hearts of hearts that anyone is going to pay a mega premium to today's share price The business is based on collecting revenue through advertising and that is about to fall off a cliff for Boom and all others.

[poebardem] 07/4/2020 20:36

The loan facility is for content funding guarantees to acquire strong content partners without heavy upfront fees so you appear to have missed that. Anyway, next quarter results will be released by the new owner of Boom so your point is mute.

[deanoblues] 07/4/2020 16:58

https://twitter.com/standardnews/status/1247547404515258374?s=21

[deanoblues] 07/4/2020 14:10

https://www.cityam.com/audioboom-shares-jump-as-its-ramps-up-podcast-production/

[poebardem] 07/4/2020 14:03

JTMG - The last 3 posts have said it, your chimp mind just doesn't get it.

[wooty01] 07/4/2020 13:37

Chimp - you're so far wide of the mark and misleading as usual. No one is saying it's only Spotify who are going to buy Boom. Spotify, iHeart, Amazon etc and some lesser well known names are all analysing the company. It has been reiterated on numerous occasions by management that the sale process is well under way and bids will be considered by Raine. All under Take Over Panel rules. It's all very clear and regulated. These are the facts. This is what matters now. The long term shareholders here based on the sale structure process are very confident the company will be sold. Got it apeman?