Audioboom Share Discussion Threads

[devonlad] 29/1/2024 12:39

I think he has a few bob down the back of the sofa, thought this was interesting:

Where does BOOM sit in this, well he keeps on buying shares!

[parob] 29/1/2024 12:32

Yep, question was:What are your thoughts on the likelihood of mergers and acquisitions in the sector over the next couple of years please?Reply:The window is closed right now, but I do see it re-opening towards the end of 2024. Too many negative stories about Spotify and others overpaying for podcast companies in the past and failing to make them work. Valuations metrics may be different this time around of course... previously 6-10X revenue which won't be in play now. We need to be ready for when that re-opens with max growth this year

[devonlad] 29/1/2024 12:32

Sounds about right Parob. The BOD wouldn't sell at these levels but the reach RNS's (which are ok I suppose but one could see them as a bit pumpy?) seem to be self promoting and for what reason. Get the message to a wider audience, get the share price up to a decent level where a bid above may be accepatable. Tobin et al have the cash to take this private at a lower level though, who knows but my gut says this gets to £6 then a bid comes in.

[wooty01] 29/1/2024 12:28

Was that the Hive interview? I didn't know that he'd said this about M&A activity.

[parob] 29/1/2024 12:24

That's exactly what I'm doing Devonlad, sitting on my hands and I've added a couple of times in this dip.In the recent interview when SL was asked about mergers and acquisitions he replied:"The window is closed right now, but I do see it re-opening towards the end of 2024."

[devonlad] 29/1/2024 12:08

Gut feeling is that this will get taken out before the end of the year, a couple of quarters that are screaming ahead of really comparatively cheap quarters in 2023 will shake things up and any potential buyers will step in. Sometimes the best thing to do is the hardest thing to do, just sit on your hands and be patient!

[northwards] 29/1/2024 11:58

That is some upside.

[wooty01] 29/1/2024 11:53

Parob, I hope investors have taken careful note of these comments. It's all very bullish and although we shouldn't assume the company will exceed 2024 forecast, there is a strong possibly. The more that the business metrics are accepted the likelihood is that Cavendish valuation of £13 will be reached. Good move in price today.

[parob] 29/1/2024 11:49

So Cavendish place a current fair value of 1300p on the shares and go on to say:"Any improvement in the macro environment will then drive upside to our revenue forecasts, which will gear strongly to adjusted EBITDA and cash, as management are acutely focused on reducing minimum guarantees and optimising revenue shares for new and existing podcasts,"

[z1co] 28/1/2024 10:38

Worth reading again:



Audioboom stock soars after October’s record podcast ad revenue

Published: 10:12 03 Nov 2023 GMT


The boost came after the podcast publisher, ranked the fourth-largest of its kind in the US by Edison Research, announced that it had recorded more than a billion ad impressions in October.

Last month, Audioboom generated the highest amount of revenue per month so far this year, creating 1.01 billion ad impressions for brands to buy through its host-endorsed adverts and automated advertising marketplace Showcase.

Stockbroker Cavendish Research has set a target price for the podcast producer that is nearly a whopping 10 times its share price on Wednesday, estimating that its shares would reflect fair value at 1,300p.

Michael Hill, an analyst at Cavendish, said: “The milestone was achieved through strategic implementation of the AdRip tool since launch in July 2021, which enables Audioboom to remove historic advertising following the initial 90-day first sales window, and insert an ad-break that can be dynamically served with a new ad targeted to the podcast and listener.

“Combined with growth in monthly downloads to a record 127m in Q3, the platform successfully created record monthly ad impressions, and as the platform continues to scale, we expect new records will be set in the coming months.”

Analysts were bullish on the company’s future ability to boost ad revenue further, forecasting that, since the company said it is on track to generate approximately US$19 million or more in revenue this quarter, it could generate up to 21% growth in 2024 even if it doesn’t put up its ad prices.

In a research note on Friday, Hill said that would reflect the efforts of management to win new podcasts and new inventory with existing podcasts, as well as expanded relationships with larger advertisers.

“Any improvement in the macro environment will then drive upside to our revenue forecasts, which will gear strongly to adjusted EBITDA and cash, as management are acutely focused on reducing minimum guarantees and optimising revenue shares for new and existing podcasts," he added.

[herekittykitty] 28/1/2024 08:49

Festario :-

Positive attributes …

MMs take money from the likes of him .

Negative notes ….

Encephalitis, bowling ball shaped head .
Known roulette wheel investor .
Typical average joe ramping shyster .
Falsehood merchant .
( this list is not exhaustive)

[sharebag01] 26/1/2024 11:24

It will fester around this price for 3-6 months. When we see some bug numbers, only then it will go towards 400p +. Its all dependant on that. Big revs and more downloads and better profitability.

[festario] 26/1/2024 08:50

Wish I had more cleared funds mate. Another blue day today would really set the chart up.

[ozzywalker] 26/1/2024 08:48

It's open mate get your wallet out!

[festario] 26/1/2024 05:01

Get that stock market OPEN!

[cyberbub] 25/1/2024 15:21

Fair enough Fest.Let's hope we see a run to 400p this time.GLA

[devonlad] 25/1/2024 15:19

You did Fest, well done, good price.

[festario] 25/1/2024 14:36

I was back in at 235p, I thought I mentioned?It dropped further, but I was tempted by the disappearance of the block seller.

[cyberbub] 25/1/2024 14:35

Festario has bought back in LOL

[z1co] 25/1/2024 14:34

Finally broken through the £2.50 and heading towards £3.00 ...

[cyberbub] 25/1/2024 14:34

Quality of the management is always the most important factor in a company's success, and that's one of the big advantages with BOOM, the seemingly highly competent management, who know their business inside out and have a SMART plan to grow the company.

[parob] 25/1/2024 14:33

I think they're on the lse bb Devonlad but in response to: Hi Stuart,If you are able to answer this, what do you feel would be a fair and sensible market cap for Audioboom currently?He replied:I would like to see it at 2X revenue in the near term - that's a market cap of $160m or around £7.80 a share. That's still well below the M&A activity of 2021-22 and would be a sign that we are being valued on the fundamentals of the business for once. Medium term, the Cavendish target of £13+ is certainly fair

[devonlad] 25/1/2024 14:30

Parob, any chance you can post them here, can't stand telegram!

[festario] 25/1/2024 14:29

Nice move... chart says rebound to 320 for starters