Audioboom Share Discussion Threads

[wooty01] 15/12/2023 13:50

Good analysis cyberbub. Hadn't thought of valuation on that basis. Just plain multiple of revenue. But any M&A in depth report is going to have many contributors to support an overall price tag.

[cyberbub] 15/12/2023 13:22

That sounds good enough Parob LOLI would just add that at 275p, that values each unique monthly user (based on 38 million reported at the last H1 results) at less than $1.50 to acquire. Surely that is super cheap?I would be happy to sell my 35k shares to a bigger fish in the next few months at something in the 800-1000p range. If we can run towards 500p in Q1, supported by strong quarterly figures, then the premium starts to look very achievable...GLA etc

[parob] 15/12/2023 12:48

Dream scenario at play here imo.- SP/MCap at just 21% of Cavendish's target of 1300p. Cavendish have a strong track record in mergers and acquisitions.- Interest rates expected to come down in 2024; likely to lead to bigger advertising budgets.- Shift in advertising spend from traditional (tv, newspapers) to other forms like podcasts and online/digital.- Increased liquidity on AIM market expected in 2024.- Better ROI from podcast advertising. Recent research has shown that 76% of users act on ads they hear in podcasts, a figure driven by listeners' loyalty and trust in the hosts and podcasts themselves, with 55% of leads generating purchases.- Podcasting market CAGR predicted (through various reports) to be around 25/30% over next few years. - share price previously hit 2200 (£300M+ market cap) against todays £43M with minimal dilution since then as far as I can gather. You could argue the company's in a better position to be acquired now with record revenues forecast next year.- Company expected to turn profitable this quarter, Q4 2023.- Chart in strong uptrend.- Michael Tobin hasn't bought for 50 days possibly (though not guaranteeing) suggesting some kind of corporate activity about to be announced. Anything else to add?

[devonlad] 15/12/2023 12:01

Well it is a standout candidate for a takeover imho.

[hamidahamida] 15/12/2023 11:41

Myles suggesting Possible Corporate action in the works

[hamidahamida] 15/12/2023 11:40

Myles says #AUDIOBOOM looking wonderful, Parob!Feels like #BOOM takes 300p early next week.Noted @AlignResearch's comments about directors' purchases ceasing as of almost two months ago, and whether that could imply impending corporate action. Not in a closed period - directors were busily buying last December.Possibly something in it, then...!

[mrsqueezy] 15/12/2023 11:26

Mele is back!! Welcome! We heard what happened to you and we would like to send our deepest condolences. Your close pals were laughing at you BTW

[herekittykitty] 15/12/2023 11:04

Woooty lad , you going to sell and make a profit this time ??
Once bitten , twice bitten , thrice … bitten ??

[mrbear2] 15/12/2023 10:46

amelio - Going back a couple of years if news was good then I remember we had an RNS a few weeks before saying that they expected results ahead of schedule, a sort of reverse profits warning!!

[parob] 15/12/2023 10:45

Well we have now passed through 20% of Cavendish's 1300p target. 30% of their target is 390p.

[amelio] 15/12/2023 10:38

I’d like to think BOOM will release their Q4 number very early on in the New Year coupled with the 2024 forecast. Usually companies like to shout about positive news.

[amelio] 15/12/2023 10:08

Volume starting to ramp up here. The BOOM attraction is back imo.

[mrsqueezy] 15/12/2023 09:40

Difficulty in buying today. Regularly goes NT before moving up. Looking strong

[festario] 15/12/2023 09:28

Momentum is clearly back on. I'm back in, at 270p as I said I would, with only 10k worth.If I had more cleared funds I'd buy more.But they don't clear til Monday.

[parob] 15/12/2023 09:06

I think the moment Audioboom RNS to confirm they are EBITDA profitable for this quarter, the likelihood of a takeover will increase significantly.I did like this line from the trading update, note the word STRONG.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.

[amelio] 15/12/2023 08:31

That momentum still well and truly in play.

£3 incoming

[parob] 15/12/2023 07:27

50 days today since Tobin last bought.

[wooty01] 14/12/2023 16:53

I like it when you talk dirty.

[festario] 14/12/2023 16:37

Well done today fellas.

[amelio] 14/12/2023 16:27

Looking at the chart there’s a good chance it significantly overshoots £3 and towards £3.50 before pausing.

[jungmana] 14/12/2023 16:18

Agreed, added a little today . Any take out over the next 6 months must be over 1000p imo.2024 should be a cracking year for boom

[parob] 14/12/2023 16:17

Yeah the chart looks stunning and we will hopefully close the gap tomorrow. share price will soon be at £3 then of course we are looking at £6+ for any 100%+ premium takeovers.

[devonlad] 14/12/2023 14:32

I have been adding yesterday and today, that is a cracking long term bowl. There is sod all stock around!