Audioboom Share Discussion Threads

[bbluesky] 09/11/2020 08:45

I would expect the new owner to be pro-active for 2 reasons. Track record of share prices rising with his participation. Secondly, no one wants to sit on a 25% loss for too long - not good for the bookkeeping! My view is that once it has sparked, it will surprise to the upside. Frustrating but happy to hold.

[wooty01] 09/11/2020 07:56

Couldn't agree more with your analysis. It's virtually impossible for Boom to be sold at it's potential value. In fact I should say comparable value with other podcasting companies. The simple fact is the low share price and that it didn't react positively to the sales process. This has happened again with the announcement of a new investor buying 10% of the company at £2.25 - a 25% premium. The business performance over the past 12 months has been exceptional. Can the market exert such an influence to keep this price artificially low. How this could be done I've no idea.

[bbluesky] 08/11/2020 17:59

The Chris Akers link says The Wondery is potentially $300 to $400m with Apple and Sony sniffing? On the Triton US list it is 4th and Audioboom 6th month up to 27 Sept. Not a lot of difference on the drilled down stats and imv quite similar companies. A difference: I have always believed BOOMs employees BBC+ radio experience is worth a lot. The history of US radio is not exactly a Hollywood.

Boom currently $33m.

[wooty01] 08/11/2020 09:57

There are still plans afoot I would think. The sale of Boom is not going away.

[tell sid] 08/11/2020 07:57

Get into Zoetic International (ZOE) the next 10x to 20x bagger.

[mrspp1] 07/11/2020 09:15

https://twitter.com/sportschris/status/1324999082461581312?s=21

[dirty75] 03/11/2020 21:42

5th the £3m placing drops in at 225p , can't believe we can buy this % discount from there.

[wiseacre] 03/11/2020 16:30

Puzzling why this share is so weak after lumpy buying from the chairman.

[wooty01] 03/11/2020 16:19

Price falls with all this buying? Goes against supply and demand.

[mrbear2] 03/11/2020 13:49

Someones loading up here.

[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?