Audioboom Share Discussion Threads

[z1co] 08/4/2024 11:38

Unlike the previous few occasions when price reached £2.70 and then started to fall , this time it will keep rising ahead of next Monday's trading update.

After today's news i'm even more convinced that Q1 will be a record.

[z1co] 08/4/2024 11:35

Has gone NT to buy again at £2.70 after the 3,713 buy trade.

[mcmather] 08/4/2024 11:21

Interesting line re ‘strong’ and ‘monetisation’:

“...following the successful launch of the Company's brand-focused sales unit in 2023 which has seen strong early-stage traction with monetisation partnerships established at 8 out the top 15 major US advertising agencies”.

[parob] 08/4/2024 11:17

We have been stuck in a trading range for almost three months. Should see a very strong move once we break out of it.

[jungmana] 08/4/2024 11:10

That's approximately 5 times todays share price. Boom is too undervalued right now

[jungmana] 08/4/2024 10:57

Cavendish update just 10 days ago reiterating target price of 1,300p;AUDIOBOOM GROUP (BOOM): CORP Six new top tier podcast partnerships, forecasts reiterated Audioboom has announced six new exclusive partnerships with top tier podcasts, which are expected to add over 4m downloads per month to the 110m per month in Q4 23. The six new podcasts (Pretty X Unfiltered, BDA with Katherine Schwarzenegger, Soder, Omnibus, Do We Know Them?, and George Conway Explains It All To Sarah Longwell) selected Audioboom's differentiated platform due to factors such as its full suite of capabilities, which includes inventory creation tool AdRip, the automated advertising marketplace Showcase, and the November launch of Advet. After an increase in the platform's ranking to fourth in the February Triton Digital podcast rankers, supported by the November win of four top-tier podcasts, the new podcasts will continue to drive download and market share growth across the US and international markets. Today's announcement will also enable the platform to target new operational records, after the record global audience reach of 38.6m unique global listeners in January, and a record 1bn ad impressions created in October. In the coming months, we expect management will continue to focus on winning and renewing podcasts on attractive terms, such as the extension of key partnerships with five top-tier podcasts in March. Combined with strong early progress for the newly launched brand advertising unit, which is in early-stage commercial partnerships with 8 of the 15 largest US ad agencies, we expect Audioboom will be excellently positioned to capitalise on more positive ad market sentiment through FY24. At this point, we reiterate our FY24E forecasts, and crucially note that our FY24E revenue growth of +21% does not include an improvement in ad pricing beyond Q4 23 levels. Any improvement in the macro environment will then drive upside to our revenue forecasts, which will gear strongly to adjusted EBITDA and cash. We reiterate our target price, and look forward to Audioboom capitalising on its strong foundation through robust operating and financial momentum at the Q1 update in April, the renewal of key podcasts on attractive terms, and new podcast wins.

[z1co] 08/4/2024 10:54

£2.60 v £2.65 and it's NT to buy at £2.65.

[someuwin] 08/4/2024 10:22

Shaun Wilson new Vice President of UK Sales was UK Podcast Lead at Spotify and Head of Podcast Sales UK at Sony. So excellent pedigree and also telling that he is moving back to Audioboom where he clearly sees better potential than the others.

Shaun Wilson, VP of UK Sales, commented: "My return to Audioboom comes at an opportune time in the podcast space where brands are calling out for premium, creative, outside the box executions to really differentiate themselves to audiences."

[z1co] 08/4/2024 10:08

That £2.75 trading range will be broken today if not then definitely by this week.

[z1co] 08/4/2024 10:06

MM's let some one BUY 4,000 at £2.60 and then upped the offer to £2.65.

[jungmana] 08/4/2024 09:23

Based on excellent news so far this year, imo boom should be 400p+ by now.This is an opportunity to.load up cheaply and I have done so doubling my holding in the month of March.

[parob] 08/4/2024 09:14

Cavendish current target is 1300p with plenty of room for upgrades this year imo.

[jungmana] 08/4/2024 09:10

Should be well.over 300p imo .

[z1co] 08/4/2024 09:10

Now gone NT to buy at £2.60

[z1co] 08/4/2024 09:02

Guy's relax , shares will break this trading range.

[parob] 08/4/2024 09:00

Tantalisingly close to breaking the trading range now.

[someuwin] 08/4/2024 08:46

Increase from 1 billion to 1.1 billion is an extra 100,000,000 ad impressions!

[mcmather] 08/4/2024 08:42

Aye, fairly subdued response so far to +10% in 5 months, and on what itself was a "record".

[z1co] 08/4/2024 08:39

From today's rns:

In March 2024, Audioboom created more than 1.1 billion available advertising impressions - 10% more than the previously announced record of 1 billion in October 2023.

[z1co] 08/4/2024 07:58

At least £3 by next week

[devonlad] 08/4/2024 07:58

Should be a good week if we can break out of this zone and gain some momentum!

[sharebag01] 08/4/2024 07:57

2 great joins. Molly I am sure will bring considerable experience from Sirius who are a massive 25 Billion mcap company. Lets go...

[z1co] 08/4/2024 07:26

After this news today that Q1 trading update next Monday will most definitely be very impressive.