Audioboom Share Discussion Threads

[amrishbhim] 20/7/2021 07:18

I would call it excellent H1 figures, this has huge upside potential than many tech company's.

[wooty01] 20/7/2021 07:14

A brilliant set of figures for H1. Rev of USD 22.8m is almost double last year and outpaced the wider industry growth of 55%. Q2 was an immense USD13.3m up 144% on last year and 39% up on Q1. EBIDA profit of USD200k.

[boozey] 19/7/2021 23:26

This all seems rather odd. They get a call late on a Friday afternoon, then news leaks on Monday, a day before results on the Tuesday. It is almost as if they are trying to kick start a bidding war for the company. After all the management have made no secret of the fact they are looking for an exit.

[redwing1] 19/7/2021 20:38

This is possibly the most bizarre offer I have seen in many years of investing. AAA appears to have recently acquired a small collection of heavily loss making tech/new media assets that are mostly at a pre-revenue (let alone pre-profit) stage. They raised significant capital to do this and simultaneously suspended their AIM listing in the hope that they can re-float on an international market at an even more ridiculous valuation. In these unusual times they might just find a bigger fool to back them but Audioboom investors deserve better than this.

Meanwhile I expect tomorrow's numbers to look great on revenue growth, but don't expect any actual profits as the cash is being recycled into developing owned content. Probably the right strategy long term.

[hazl] 19/7/2021 17:59

Of course we want a cash offer!

Or let BOOM Management carry on doing the good job they have been doing.



edit

dyor above seems the markets generally a bit dodgy at present.

[hazl] 19/7/2021 17:56

When you look at the rest of the market we have done really well!

[boozey] 19/7/2021 17:12

Not impressed with the offer - Would much prefer an all cash offer. I can't believe Audioboom will take this seriously.

[hazl] 19/7/2021 16:40

Interesting post on the AAA.Bb 3244.

Genuine or not still interesting.

[ebomber] 19/7/2021 15:49

Some juicy numbers in the morning that demonstrate considerable progress.

[hazl] 19/7/2021 14:57

Bringing out the late trades now.

[hazl] 19/7/2021 14:49

Beautiful chart really in recent times.

[hazl] 19/7/2021 14:40

What a weird day!

Will tomorrow reveal what all the fuss is about?
Is it a cash cow?
Or perhaps the goose that lays the golden pods?

[buggy] 19/7/2021 12:45

RESULTS:

Definitely Good , as they have upgraded FY21 Revenue and profits on the back of performance so far.

Question is whether it via towards Great or spectacular.

If spectacular then £12 will be breeched.

[amrishbhim] 19/7/2021 12:32

Some very large buys going through

[buggy] 19/7/2021 12:13

Great RNS by the company. You can read the undertone in the RNS that BOOM's management do not think much about the terms of the offer.

".....There can be no certainty that AAA's proposal will result in an offer for the Company, nor as to the terms on which any offer might be made..."

When they start talking about the terms that an offer may be made , then it is clear that whatever terms that is in this current offer is not acceptable.

[amrishbhim] 19/7/2021 12:03

We will get offers from the few large tech companies that boom does business with, let's see how it pans out in the next few days, tomorrow result should push this more up

[hazl] 19/7/2021 11:52

Statement from Audioboo

'The Company does not have any comment to make regarding the Possible Offer at present and shareholders are advised to take no action. '

[hazl] 19/7/2021 11:51

The main thing to remember is that we have a valuable asset here,that at least two entities,have shown exteme interest in and are prepared to plot and collude for.

If this has caused a bit of drama and recognition what's the likelihood of more interest coming even at a larger price?

I think this is at an exciting and preliminary stage.

[hazl] 19/7/2021 11:07

Announced Traded Action Notifier Price Currency Amount Holding
14-Jun-21 11-Jun-21 Buy Michael Tobin 660.00 GBX 2,994 309,889
24-May-21 21-May-21 Buy Michael Tobin 600.00 GBX 227 306,895
21-May-21 20-May-21 Buy Michael Tobin 594.00 GBX 1,672 306,668
18-May-21 17-May-21 Buy Michael Tobin 593.40 GBX 2,006 304,996
14-May-21 13-May-21 Buy Stuart Last 594.00 GBX 3,348



14,417
Look at the recent director buys though,perhaps they will be equally canny?

[hazl] 19/7/2021 10:46

Tomorrow's results and comeback will be pivotal.

IMO

[hazl] 19/7/2021 10:37

What do people feel about the AAA shares if they relist?

[amrishbhim] 19/7/2021 10:30

I have feeling there will bring the price bid up to £15 - £18 to get this closed