Audioboom Share Discussion Threads

[amelio] 29/11/2023 14:07

Sizeable trades landing.

[amelio] 29/11/2023 10:11

If they’re not swallowed or at least part of takeover talks next year I’ll be amazed. As you say, sitting duck sums it up at BOOM’s current valuation.

[jungmana] 29/11/2023 09:49

I sold out in summer of 2022 about 800p but after the recent updates am back in .
Should be a stellar 2024 imo and we may see a bid here soon as is a sitting duck at a very low market valuation

"As recently announced the Company expects to generate more than US$19 million of revenue in Q4 2023, a return to year-over-year topline growth and the strongest revenue period for the Company since Q2 2022. The quarter has started well with October delivering the highest revenue month of 2023.

Audioboom's CEO, Stuart Last, commented: "I'm delighted that we have achieved this milestone. To create more than one billion monthly advertising impressions highlights the scale that we are developing at Audioboom. We continue to develop innovative technology that enables our creators to maximize the value of their content, while providing our brand partners with powerful advertising options. Our increased scale will power a strong end to 2023 and a record year for Audioboom in 2024."

[amelio] 29/11/2023 09:24

Up 12% on 50k volume lol. That’s how little stock there is going freely.

Imagine what this does on 500k volume.

[amelio] 29/11/2023 09:18

It’s been some fall from grace following the meteoric rise fuelled by previous takeover rumours. I don’t expect to see the likes of £20+ again but this business, once it begins to report that shift to revenue growth and positive cash flow, comfortably becomes a £100m mcap play.
My feeling tells me the share price grows in strength during Q4 closing the gap on the chart before having a stellar 2024. Only takes a few 15%+ consecutive days and it’s nudging £3. Quite easily achieved once volume picks up imo.

[blackhorse23] 29/11/2023 09:17

Money moving to PFC

[parob] 29/11/2023 08:53

I think once we take out the recent high of 220p this will start moving pretty quickly towards 300p and the takeover speculation will no doubt increase. I think a few investors have been put off by the 18 month downtrend (I was one of them) but once potential investors do the research and take notice of recent RNS re EBITDA positivity and record revenues the re-rate will happen fairly quickly.

[jungmana] 29/11/2023 08:35

A 500p offer will do :-)

[amelio] 29/11/2023 08:18

No Director buys this month for the first time in a long time and at a time when the business is clearly at a turning point following various announcements highlighted above.
Make of that what you will but I have my suspicions.

[parob] 29/11/2023 08:07

Been building a position on this pullback. As amelio mentioned, these were my triggers to buy:

“expected to move us back to adjusted EBITDA profitability in Q4 and drive EBITDA growth in 2024.”

AND

“The Company anticipates RECORD revenue in 2024, with operational improvements (including the significant reduction in minimum guarantee obligations) delivering a return to strong adjusted EBITDA positivity”

Since those statements, news on:

- Audioboom launches exclusive podcast partnerships. Audioboom launches new exclusive podcast partnerships Audioboom (AIM: BOOM), the leading global podcast company, is pleased to announce the continued expansion of its creator network through new exclusive partnerships with top tier podcasts including Matt and Shane's Secret Podcast, Heart Starts Pounding, Gains and Gossip with Gracie, and The Dating Detectives. These shows are expected to contribute more than 5 million downloads per month to the Audioboom Creator Network in 2024.

AND:

- Audioboom launches AdVet creator tool
Audioboom (AIM: BOOM), the leading global podcast company, is pleased to announce the launch of AdVet, a new proprietary tool for creators that automates the booking of premium, host-read advertising.
AdVet has been rolled out to the top 200 podcasts in the Audioboom Creator Network, following a successful test phase during which transaction times for bookings were reduced by more than 60%.


———;-

Surely a very good chance of a takeover at this MCap and hopefully some solid gains in share price leading up to it.

Cavendish target price of 1300.

Be more than happy with half of that!

[wooty01] 29/11/2023 06:46

Exactly my thinking

[amelio] 28/11/2023 22:34

Going to be an interesting final few weeks of the year as BOOM moves towards what is anticipated to be a record revenue year and a return to positive cash flow.
Fully anticipating a takeover being tabled in 2024 once Q4 23 is done and forecasted 2024 numbers are released. All imo.

[wooty01] 24/11/2023 17:14

Technical analysis not my forte. But well done to highlight and post for us. I just know that once the basics and fundamentals of the business and the company's financial performance become the metrics for valuation then the price will be as calculated by Cavendish in its recent Note. Whatever has gone on by traders has no impact on the operations of Audioboom. It's long term holders who will reap the biggest rewards.

[amelio] 24/11/2023 15:36

The way I see it is there’s a clear double bottom on the chart and a trend reversal in play. In the coming weeks and months this trades well in excess of current position imo.
An early Christmas gift on offer.

[insideryou] 24/11/2023 11:29

you were saying? platform at 2 quid. Try 160

[mrsqueezy] 17/11/2023 13:32

202 and above are all buys

[davemac3] 17/11/2023 13:02

some of the trades below the mid price are buys

[ozzywalker] 17/11/2023 09:16

Bought more , boom!

[mrsqueezy] 17/11/2023 09:08

Spicy..... someone is in big trouble it seems

[amelio] 17/11/2023 08:06

Chart is really starting to shape nicely here. Base building at £2 before the next move north. imo that gap gets filled within 2 weeks.

[wolveraim] 16/11/2023 18:36

https://www.intelligenceonline.com/corporate-intelligence/2023/11/16/nick-candy-ropes-in-usg-security-for-legal-battles,110098338-art

[blackhorse23] 15/11/2023 19:55

Zombie company , money moving to APH

[ozzywalker] 15/11/2023 12:59

Boom Shaka laka