Audioboom Share Discussion Threads

[amrishbhim] 20/7/2021 09:33

I would suggest those sitting on the side or just not sure decide before it moves upwards, the mms are not holding back the shares it's those who don't get it, AAA is not a bad company and yes it wants to delist from AIM and move to an international market for even stronger growth, I get AudioBoom holders, having AAA shares doesn't really help most of us, but from my understanding today bullish trade update was excellent and I believe the board are working with AAA to get a better numbers for its shareholders, at £25 a share that's a long term number given to what's it needs latter, I have a feeling we should see £15-18 and we should accept it. New tech companies are brought each days by the big brother of technology

[codeine1] 20/7/2021 09:20

Interesting to see noone is willing to do some research. Isn't that the 1st rule of thumb? An easy place to start is with www.Sentiance.comBreakthrough tech recognised by respected industry leaders : Visa, Gartner, autoliv and many others..Less time on the boards and more time spent reading material is highly recommended. Hope this helps for now

[redwing1] 20/7/2021 09:10

buggy - Because you will be getting shares in AAA and if they can realise £25 of value then presumably their share price will rise. However, anyone can say that a business is worth millions to talk their own book but proving it is another thing.

Curious to know what great insight 'codeine1' has into the other assets owned by AAA. They have only just acquired most of them and they are all 'jam tomorrow' holdings. AAA management must have some credibility to have successfully issued shares at a premium to pay for Sentiance but backing them now requires a massive degree of faith - not to mention that Boom shareholders are diluting exposure to Audioboom by accepting an offer from a vehicle invested a collection of other start-ups.

[buggy] 20/7/2021 09:08

Unfortunately the uncertainty brought about by the circus of the AAA potential offer is weighing the share down, even though no offer has been made. Since no official offer has been made there is nothing for management to reject.

The share price will have been flying on this results if it is not for this uncertainty, which again provides a good indication that the market does not think this is a good offer.

People are worried that they may buy into BOOM only to be foisted with an unlisted AAA paper, so they are sitting on the side-lines while things become clearer.
If this was a good deal, people would have been pilling into BOOM in the hope that they can indirectly get a stake in AAA.

[amrishbhim] 20/7/2021 09:02

Dear AAA, maybe you don't need shareholders but you upsetting AudioBoom shareholders, please make a better offer and close this, we know you just started the price to see what happens, but you just upsetting the retail shareholders, thanks

[buggy] 20/7/2021 08:47

If some of these AAA shareholders who thinks it is a good deal can explain one thing to me then I may start to do more research.

Why do AAA believe that they will only be willing to sell their BOOM shares for £25 or more, then believe that making me an offer to buy mine for £12 is a great offer. [It is worth £25 to them but mine is worth less than £12?]

Good explanation on that they we have a base for further discussion. If not then personally that would not be the type of person I will willingly go into business with.

[lukead] 20/7/2021 08:43

well said buggy

[codeine1] 20/7/2021 08:34

Just remember folks. When the party poopers arrive you know you're on to a winner. Poor research on AAA by some. It's worth having a good read up on the assets this company has and, is going to aquire. https://youtu.be/llyiQ4I-mcQ

[hazl] 20/7/2021 08:19

Yes I feel much the same.
The only thing I would say is that of course producers have to be paid and incentivised.
This firm has done brilliantly and against the odds.
The new untapped resource involving AdRip is going to be another considerable income stream I would expect.

[redwing1] 20/7/2021 08:03

Wooty01 - Firstly in terms of Audioboom profitability, the company had already talked of a breakthrough to EBITDA profitability in Q1 some time ago. Since then there have been two very material full year revenue upgrades of more than $4m each time. The company says that its cost base is largely fixed and that operating margins could reach 40%+. So where is the $3m of profit in analyst forecasts for the year? Presumably paid to the producers of the content. Not a bad thing perhaps in the long term, but not producing any profit now.

Secondly in terms of the AAA offer. This is where I struggle to understand your objection to what I was saying. If you really want to accept paper in an unquoted vehicle on trust that it might magically re-float at a higher price on a foreign market some time down the line then good luck to you. I don't. The timing of this offer and its nature are very strange. If it flushes out an industry buyer for Boom then all well and good but I wouldn't accept any deal by AAA.

[hazl] 20/7/2021 07:38

It looks a better day on the markets generally too.

[hazl] 20/7/2021 07:36

When is the Investor meet company?
I must look it up.

[hazl] 20/7/2021 07:34

Boozey that was before....don't you think that has changed?

[hazl] 20/7/2021 07:33

Well no wonder they want us!
Excellent half year results.
They already achieved much of the earnings they anticipated for the year....90%!

EBITDA 0.2M$ when it had been a 1.2M$ loss!




Outlook

The business is well positioned for further accelerated growth in the second half of 2021. New major content partnerships, Audioboom Originals, and recently launched ad tech innovations will provide significantly higher inventory levels for us to monetise through our proven sales channels.

H2 2021 will also be a time for increasing our investment in future growth, with the launch of our UK production team and the Audioboom Marketplace.

We are committed to delivering further shareholder value through a business model and industry leadership position that is stronger than ever. I would like to take this opportunity to thank the management team and staff for embracing and executing our growth strategy, and I look forward to the second half of the year with great anticipation.

[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.