Audioboom Share Discussion Threads

[rsig1] 13/9/2021 08:41

Brilliant job by Stuart Last and the team!I couldn't wait until it dropped to £5 as suggested by Wooty01. Absolute bargain at this level.

[bbluesky] 13/9/2021 08:40

I thought the Triton escapade was bizarre and this runs it a close second.

For me very significant from the trading updateis

"Brand advertiser count increased to a record of 371, up 45% on August 2020 (255)"

which ironically echoes Wooty1's link to how podcasting is becoming the choice for advertisers. The future is bright.

[hazl] 13/9/2021 08:32

Ah 800p is better than 200p a share is the way I'm looking at it.

[hazl] 13/9/2021 08:30

Ahead, the Board now expects that Audioboom will generate revenues for the year ending 31 December 2021 significantly in excess of the Board's expectations at the time of the Company's half year results and an increased adjusted EBITDA([1]) profit. '


' Record unaudited monthly revenue of US$7.0 million (August 2020: US$2.4 million), up 187%

-- Record unaudited monthly adjusted EBITDA([1]) profit of US$0.5 million (August 2020: US$0.2 million loss)

-- Global monthly downloads increased to a record 98.9 million, up 29% on August 2020 (76.6 million)

[bobby1904] 13/9/2021 08:25

Let's see! All bit confusing for MM's and mkt to work out this morning. I reckon we bounce back up this week as reality of how well BOOM are doing sinks in. I would not be surprised also if another bid materialises at some point now the spotlight is on it...but let's wait and see...I remain very happy with my holding..

[bagpuss lives] 13/9/2021 08:25

Wooty01

Most people haven't even had breakfast let alone read any announcements. If you are basing your trading on a few dozen traders in the first 20 minutes of a Monday morning
you need to change profession.

Chill out and let the market digest the numbers over the next few days.

Regards


Bagpuss

[bobby1904] 13/9/2021 08:12

These Trading update numbers just released are fantastic! MonthlyEBITDA positive is great to see. 2021 full year "significantly" ahead of expectations....nice!

[wooty01] 13/9/2021 08:12

Well you guys have got what you wanted. Well done. Now you're going to see your wonderful AIM. Market in action. Priced tanked. So who is now buying!

[bagpuss lives] 13/9/2021 08:04

That trading update today might change a few minds

[liam1om] 13/9/2021 07:51

Glad that's finally over. Hopefully we can push on now to new highs putting this behind us. Onwards and upwards to the trading update in a few weeks.

[hazl] 13/9/2021 07:47

I think BOOM has something of value.


8-)

[hazl] 13/9/2021 07:45

Interesting though. Admire Audioboom....good points.


'In order to prevent a false market in Audioboom shares, the Board of AAA has therefore decided to withdraw its possible offer. AAA continues to admire Audioboom as a company and believes that transformational value can still be created for Audioboom shareholders through operational developments and new business collaborations, but that this true value will not be achieved whilst it is still admitted to AIM.'



'Therefore, AAA reserves its right to bid for Audioboom again and will consider a bid in the future having sought, amongst ther things, to complete its acquisition of Sentiance N.V. and progressed its re-listing onto an international stock exchange.'

[bagpuss lives] 13/9/2021 07:10

Well that ends that, or doesn't as they have left it that they may bid again.

The next couple of weeks will see where this sits as the dust settles and await the next trading update in 4 weeks time.

Also any response from Audioboom to this mornings announcement which was quite scathing at points.

Bagpuss

[wooty01] 11/9/2021 12:31

Well put bagpuss. We all want the best return here from Boom. We just have different views on how to max out. I'm just sick to the teeth of AIM reaction to anything Boom has tried to do over the past 7 years. Let's hope there's some clarity but I doubt it on Monday. AAA simply want and need more time to finalise Sentiance. It's an absolute condition precedent and an offer can't be made until that's put to bed.

[bagpuss lives] 11/9/2021 12:16

Everyone's investment criteria will be different:

Long term vs Short Term
Growth vs Dividend
Risk on vs Risk Off
Large Cap vs Small Cap
Ethical Vs Anything

I won't invest in miners because I don't understand them and also I have got a slightly eco friendly policy.
I like tech but not so high tech that I can't understand the benefits and selling point.

One person's argument whilst being factually accurate can lead 2 people to 2 completely different investment decisions with both of them believing they are right.

Bagpuss

[hazl] 11/9/2021 11:27

Wooty I understand your stance, it's short term like many.

However Bagpuss, perhaps, is looking deeper into the case,from what I can see.

It is complicated by the chaos we live in at present times .
People have to do whatever suits them best I suppose.

[bagpuss lives] 11/9/2021 11:06

Wooty1

Which makes the situation even more suss that, even with that 51% support, they can't make an actual offer. It's all built on smoke and mirrors and they want us to accept their story when they haven't got the balls to test the market in their own shares as they know there is a high likelihood of the whole plan unravelling.

As for no support in a bear situation in boom thats because in the past they were trading on enthusiasm and a story. This time the story is in place and the only reason no one brought in after the latest update is that no one wanting to build any sort of meaningful stake is going to invest in a share that potentially leaves them locked into a non tradeable vehicle within 2 months.

Bagpuss

[wooty01] 11/9/2021 09:08

And I just don't see how the Boom board can ignore the stated intentions of 51pc of the company's shareholders. To ignore the majority would be an unbelievable statement !

[wooty01] 11/9/2021 09:06

I repeat I'm not overly enthusiastic about AAA but I see it as the best option. Will anyone here sign an LOI to buy more Boom if the price drops. You'll be the only ones as there's never been support for Boom in a bear situation. The only people who have been buying significantly over the past 9 months have been the AAA, AQUAA circle. And fir good reason. They see the exciting times ahead for Boom. But there doesn't appear to be another buyer. That is the most concerning aspect here.

[rsig1] 11/9/2021 07:15

I totally agree with mdchand. If the share price drops to £5 I will add substantially to my holding. As I said in my previous post, Stuart Last and his team are doing a terrific job in a market that is growing quickly and will continue to do so for the foreseeable future. I don't understand wooty1's enthusiasm for a deal with AAA other than 'the grass is greener'. If AAA do succeed I sincerely hope they are successful in retaining Stuart Last and his team. If I were a member of that team I would prefer to have shares/options in a business that is already publicly traded than in an investment vehicle that may go public sometime in the future and in which Boom is just a part of that business.

[mdchand] 10/9/2021 23:27

Hmmm - a drop to £5 - if it happens I'll be very happy to buy more.....

[bagpuss lives] 10/9/2021 22:31

Wooty1

You say you are positive on what AAA are trying to do and that AAA will be better than BOOM doing it alone. But then on the other hand you state that you you don't know the make up of the accounts so If you don't even know what AAA are invested in or valued at how are you making that judgement.
AAA at last accounts had a balance sheet of £14 million made up mainly of cash with loans and options in Asimilar, Mesh and Aquaa. For this they have engineered a market value of over £1 billion.

We will have to agree to disagree and see what happens Monday and beyond.

Bagpuss

[wooty01] 10/9/2021 21:26

Blue sky. Ok let's name one takeover process that hasn't had delays and perhaps games. Morrison's at the moment! If it's NASDAQ or anything else I'm trying to be realistic but I've no experience of obtaining a listing. I just reckon as a shareholder I'll see a much better return the AAA route than Boom doing it alone. If AAA is aborted then we go back to GBP5 and how many times has the price of Boom gone up and stayed up after excellent Q results. NEVER. We all know that and it's facile to think the price will go to even 12 without a buyout. It will remain a plaything for the MM.

[wooty01] 10/9/2021 21:19

3. No one knows who's been selling. 4. No one knows the make up of AAA accounts. If you do please send the link. I think AAA have got better things to do than mess around with a defensive Boom directorship. 5. Already addressed the AQUAA holding. Of course AQUAA taking 4pc in the open market and 11pc from Candy affected the price. A new shareholder with 15pc is going to turn some heads and people buy. I think if you have a majority of shareholders supporting a deal you're going to find it impossible for the directors, who own perhaps 5pc, to reject an offer. I just see it happening any other way, unless the directors believe it's their company, which is obviously not legally correct!