Audioboom Share Discussion Threads

[amelio] 13/12/2023 10:17

Yes huge short squeeze apparently.

[mrsqueezy] 13/12/2023 10:15

Looks good. Word on LSE is that there a huge short on this. Worth a read

[ozzywalker] 13/12/2023 10:12

Today is the day

[parob] 13/12/2023 09:16

Maybe today's the day.Chart looks tantalisingly close to breaking out.

[amelio] 12/12/2023 10:42

Bidding hard for stock.

[amelio] 12/12/2023 09:56

I’m looking for a 144% once the share price is £3.

[parob] 12/12/2023 08:51

Another acquisition on the AIM market today. SMRT at a 144% premium and they are loss making. Surely just a matter of time here.47 days now since Tobin last bought.

[jungmana] 12/12/2023 08:40

From the charts imo 400p target over the coming 4 to 6 weeks. Could go higher depending on news due in mid January. Way too cheap today.

[amelio] 12/12/2023 08:22

Upping the bid.
The final push to smash through 225 today? That resistance has been tested 4 or 5 now it’s only a matter of time before it cracks wide open.

[amelio] 12/12/2023 08:12

Over 225 to sell in volume. This pops today.

[amelio] 11/12/2023 21:45

I like to see the chart play out as predicated, it gives me more incentive to add to holding on pullbacks. Averaging up always better than averaging down - means you’re winning :-)

But you’re right. This is a solid hold for 2024. Sentiment has turned on AIM imo, far more bullish signals on the chart having bottomed out a few weeks ago and BOOM will benefit hugely over the coming months as positive news flow is released.

£2, £3, £4, £5 will all be short-lived once momentum grips.

[wooty01] 11/12/2023 21:31

That's about right amelio. The big numbers are important but on the way up 250 and 275 will be markers. However we are talking chicken sh2t here. Getting a bit positive about these upward moves should never have been a possibility. The price has been trashed by traders over the past 12 months and I sincerely hope that they are in a parlous position that when it gets back to 6 or 7 quid they will be financially hurting.

[amelio] 11/12/2023 19:42

First target 275p but I see momentum carrying that to the big round number of £3

[amelio] 11/12/2023 17:53

Pinged perfectly off the 20dma - now it makes a move towards the 200dma. Take that out and settle above over the next few sessions filling the gap.
It’s odds on imo.

[amelio] 11/12/2023 15:44

Only managed 5k myself but happy with that timing :-)

[mrsqueezy] 11/12/2023 14:20

NT for a while. Managed to jump in before the move up. IG seem to be low on stock. Looks like someone is loading up

[parob] 11/12/2023 14:18

Me too :) not many but it hit my top up price.Hopefully next leg up commences now...

[amelio] 11/12/2023 14:00

Taken more today, looks like buying territory on the chart to me.

[cyberbub] 11/12/2023 11:16

Q4 results should be in mid Jan so barely 4 weeks away. Hopefully plenty of people listening to podcasts on trains and planes home for Xmas :-)

[amelio] 10/12/2023 14:52

Perhaps some need Q4 numbers to buy-in to the recovery play here but I still have the feeling that the next few weeks sees that gap close as volume pick-ups in anticipation of results. AT LEAST $19m revenue. Wonder if they have $20m+ up their sleeve?

[parob] 10/12/2023 11:16

Surprised there's not more interest here if I'm honest but I reckon that'll change once we get an RNS confirming Q4 revenue and positive cashflow. That will cement the turnaround.On the 16th Oct, they were saying they expect at least $19 in Q4, that was only 16 days in, so I'm thinking minimum $20m but imagine if it's closer to the $25M mark.

[wooty01] 10/12/2023 09:08

The Sunday Times today has an article on advertising spend as it moves towards streaming away from terrestrial. Podcasting is going to benefit big time.

[parob] 10/12/2023 08:41

Market cap was around £300M when Sky reported that Amazon and Spotify were mulling bids for Audioboom. Annual revenues at the time had just been reported as $60M for 2021.hTTps://news.sky.com/story/amazon-and-spotify-mull-bids-for-london-listed-podcaster-audioboom-12541467We have recently been told:Strong start to Q4 2023 with anticipated revenue of at least US$19 million, the Company's highest revenue quarter since Q2 2022 and representing a return to year-on-year growth on a quarterly basis.Going into 2024, they are expecting RECORD annual revenues and a move to STRONG adjusted EBITDA positivity:"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."So revenue in 2024 likely to be $80M+ as a minimum imo...And the market cap now is just £36M, which is just 12% of £300M when the above Sky news came out.I'm expecting the AIM market to bounce back strongly in 2024 and think Audioboom will be one of the big winners.

[wooty01] 09/12/2023 09:52

Very sound. They've maintained the same rationale as finnCap which is a very good sign.