Audioboom Share Discussion Threads

[jaimelaw1] 31/7/2021 15:39

https://oberoninvestments.com/trade-aaa-shares/

[redwing1] 31/7/2021 14:41

There are plenty of examples of companies trading on AIM with very high ratings e.g. Fevertree, Asos, Keyword Studios so the market works well enough in that way. Historically, the issue is that AIM did not vet its constituents well and that will be why inexperienced investors are nursing losses on other holdings.

All that is needed here is patience and not much of that judging by the rise in Audioboom from £2 to £9 in just over a year. If the company is any good the value will come through either independently or by negotiating a deal directly with a US trade buyer. I suspect your urge to take AAA paper is due to lack of confidence in whether Audioboom is a genuine winner

[wooty01] 31/7/2021 14:31

On the OTC I believe it's broker to broker so no published information. So you'll have to have some AAA stock in order for your broker to get a price. I have no shares and don't know any AAA holders so haven't yet worked out how to find out prices.

[wooty01] 31/7/2021 14:29

Luke - agreed the price was already around GBP before AAA bid. I just think that if there's another dud event and AAA bid doesn't formally materialise then the market will pull the price back, and significantly. That's just my feeling. It's a no win situation. Market doesn't like AAA offer, people say it's an overhang, without the offer it's another red mark against Boom. Allenby could then come out with an upgrade which will be derided as a paid for analysis. Just no winning really.

[wooty01] 31/7/2021 13:46

A good post on LSE headed the only way Boom will be sold. Making the point that AAA may merely be a middle man and doing the dirty work of bidding and taking Boom private on behalf of a US company. All pre arranged!That's ok as well, but AAA have to sharpen their terms by 16th August deadline in order to get PI's on board. It's the PI's that cause all the issues in this process and no one wants to do this work of weeding out the final dissentient shareholders.

[lukead] 31/7/2021 12:35

thank you buggy, ref Wooty, the boom share price has not gone up after this aaa proposed offer, still in the 900’s what it was roughly before. Where do you find the grey price in AAA, there must be some dealing on those shares. Must be news on all this by the 16/8

[daddycoold] 31/7/2021 11:14

Hi Wooty, I like your analysis. In general AIM never will make boom go off with a bang. The popular media stocks are mainly USCentric, and that really is the issue behind Boom it generates lots of US interest but is listed in the UK. If the Boom bird and shareholders are confident they can get a better offer than the AAA deal without taking any risk or uncertainty why don't they independently delist and try jumping to an alternative market like in the USA to ascertain the fair value that they are all talking about. There has to be a leap of faith somewhere, if it's good enough for AAA to take the leap and go seek shareholder value elsewhere on a new market, then why is it not good enough for BOOM ?

[wooty01] 31/7/2021 10:11

....will go down unless another bidder comes in. You can debate the merits of what AAA is doing but as I see it the company is putting together a package of tech companies which they believe will make a mighty media A1 conglomerate. You need to be private to do that to protect the value. Of course AAA is going to make the bid for Boom at a value on which it will make a profit. That's business. But GBP12 isn't bad. So in essence I'd take the AAA bid PROVIDED there is evidence of good trading on the OTC market. That's what I have to find out, and we all should.

[wooty01] 31/7/2021 10:05

Just to set your mind at rest. I'm in neither category, so your "fairly sure" judgement isn't that good. With the mask of anonymity that everyone wears you can't be certain when I tell you I'm over 60, been invested in Boom for 7 years and don't own a single AAA share. Also had some terrible losses over the past 20 years. I don't particularly like the AAA offer , especially the GBP10 share element. But this is the only offer Boom has ever had, or perhaps GBP2 was offered last year. The value of Boom based on metrics within the industry is between GBP15 and GBP25. But I tell you AIM trading will never get it there unless there's a hint of a buyer. AAA melt away and this

[buggy] 31/7/2021 09:20

Wooty01,
I am fairly sure you fall into one of two categories:
1. either you are invested in AAA and not in BOOM and hoping like AAA to opportunistically get a hold of BOOM,, in which case you know exactly what you are doing.
2.or you are a young inexperienced investor and have not gone through the school of hard knocks. Then it appears you miss the very essence of what AAA is all about.

AAA is an investment vehicle, just like any other Investment firms, they do not run companies . AAA takes stake majority or otherwise in tech companies then they realise value by selling the stake to others at higher price, [Investment companies exist strategy].
If there are no one else out there and no possibility of exit, then they will not be buying it. Unless you expect AAA to now start running companies, the last I checked the article of incorporation has not changed, they are still an Investment Vehicle.

Now that we have a base understanding that AAA intention is not to become a podcasting company, but to try an exit by selling to A.nother, we can analyse other expects.
I am fairly sure that Stuart who knows everything there is to know about podcasting as well as the right connections within the business will be able to get a better price than AAA management who has no inside connection in the industry. If there is really no other interest out there can anyone explain to me why AAA are insisting that they will only support a sale of at least £25 a share for their holding. I would imagine that AAA would not need to insist on that if they know there is no one out there. Basically AAA is saying there are others out there but we will only consider selling our stake to them for upwards of £25 as long as our offer is still on the table.

On a final note, until this bid is put to bed which it will, no other interest will appear. Why? ... analyse the proposals from AAA and work that one out.


That is the last I probably will engage on this discussion. You pay your money you take your choice. Financial advise is not free and anyone that invests in shares should take responsibility for their decisions, losses and gains.

[redwing1] 31/7/2021 08:52

Wooty1 - you are in cloud cuckoo land. You keep on talking about this £12 offer as though it is in the bag. In reality, there is an offer of £2 in cash and a whole load of AAA paper that frankly could be worth anything. Why risk going with the unknown if you were a happy holder of Audioboom in the first place?

[wooty01] 30/7/2021 22:55

As I've said before buggy. Be careful what you wish for. I don't think there's anyone out there ready to make a bid. Let's not dream of a bidding war. Whoever you can think of - pick a name of the usual touted companies - isn't going to get involved such a process. Spotify is out of the market. It's spent enough and it's share price has tanked. Could be said to be less reliable than AAA. Has anyone established the OTC price of AAA? That would be interesting. £12 is a very acceptable offer. Infact the only one. Management had better be very sure that they can achieve a substantially higher value within 6 months.

[lukead] 30/7/2021 19:11

what are peoples views on all these form 8.3 rns’s ?
and as per an LSE poster, it appears that there are a number of people, big hitters who own shares in both BOOM and AAA, even perhaps not far of the 50 percent to get control.
A concert party has been mentioned and
does anyone think that AAA will come in with an improved offer and finally make a definitive offer.

[wooty01] 30/7/2021 17:19

Yes the AAA is a divisive element in the market but better than nothing. People may complain and deride the potential bid. However if no firm bid comes in by 16th August how do you think the price will react? Not well in my opinion. We saw what happened at the time of the H1 figures. Price came back after an initial positive move. AIM is not giving full value to Boom as a growing business and never will. We need Boom sold.

[buggy] 30/7/2021 10:36

hxxp://www.insideradio.com/podcastnewsdaily/audioboom-s-top-100-podcasts-now-available-on-samsung-s-content-app/article_b73d9cc8-efc3-11eb-b6b8-bfa085624575.html


Uncertainty regards the AAA offer is driving some to sell. personally I will wait to see the next step from AAA, before deciding to jump. It is not certain that management will recommend their second offer either. AAA having 25% of AAA-linked share holders supporting the takeover is still not enough to force acceptance of the offer.

[buggy] 29/7/2021 20:27

Was expecting the Samsung tie-up to be RNS'd.
Nonetheless this should improve the bottom line as well as revenue growth.


hxxps://podcastingtoday.co.uk/audioboom-signs-new-distribution-partnership-with-samsung-podcasts/

[wooty01] 28/7/2021 19:13

https://twitter.com/share_talk/status/1420420499927097347?s=24Stuart Last is giving the Samsung link a blast- great news. Should have been worth 100p minimum. Suppose market is awaiting next move.

[hazl] 28/7/2021 19:12

Be interesting to see if we have any more interest. Any ideas of likely candidates?

[melegramfortongo] 28/7/2021 19:05

Hmmm this is very interesting ….

💥

[hazl] 28/7/2021 19:01

Thanks both.

[wooty01] 28/7/2021 17:02

Inclusion on Samsung /Galaxy users.

[wooty01] 28/7/2021 17:02

Most other companies in the Triton league table have Apple and Samsung. This inclusion of Audioboom could see a doubling in Revenue. Perhaps the company can't make make such announcements?

[wooty01] 28/7/2021 16:23

https://twitter.com/podcastintoday/status/1420396339616260098?s=24An RNS should have been made. This is a major revenue earner,!