Audioboom Share Discussion Threads

[daar] 09/2/2020 08:56

Getting a lot of coverage. When twitter crew arrives this can go to 500p plus very quickly

[toolsmoker] 08/2/2020 21:41

300p plus open

[deanoblues] 08/2/2020 21:22

https://www.telegraph.co.uk/business/2020/02/08/candy-backed-podcast-group-audioboom-could-sold-strategic-review/

[daar] 08/2/2020 16:58

Erm! A bit more info please :)

[inaminute] 08/2/2020 16:05

Sky are just ramping, surely ;-)

[wooty01] 08/2/2020 15:54

The SKY News article highlights the most important aspect in this process. Audioboom is undervalued compared to its US peers. This has been obvious for the past 12 months and especially since the end of Q319 when revenue and improved cash flow showed a proper impetus in the business. Revenue X 4 is the current norm in the recent acquisitions and many have been way in excess of the matrix. On Friday the 2020 revenue forecast was upgraded to $33m. You can be sure this is conservative as 50% has already been committed. This gives a minimum price per share of $10. The article talks of $35 to $40m. So do your own calculations.

[richyrich8] 08/2/2020 15:21

Well you are about to be very pleasantly surprised.

[ny boy] 08/2/2020 14:57

I have been holding and accumulating on the dips, happy to see this one through, looking for 500p + over the medium term

[bobby1904] 08/2/2020 14:08

Could be interesting on Monday!!

[daar] 08/2/2020 13:59

https://twitter.com/Share_Talk/status/1226124234587623424?s=19

[inaminute] 08/2/2020 13:51

Strap in for Monday, should be interesting. Might be a few who wish they were already in

[pmtomkinson] 08/2/2020 13:35

Brilliant. Have to read it all. Great scoop by Sky.

[deanoblues] 08/2/2020 13:14

EXTRA EXTRA READ ALL ABOUT IT....THATS A MASSIVE SCOOOOOOP

[deanoblues] 08/2/2020 13:13

https://news.sky.com/story/candy-backed-podcaster-audioboom-tunes-into-sale-or-merger-11928962

[richyrich8] 08/2/2020 13:11

Don't say we didn't tell you so. Your deramping is officially over. Have you ever tried toxic waste? Those real sour sweets!!!?

[wooty01] 08/2/2020 12:49

Absolute adolescent comments about the requirements of a data room. Back in the days it would be a physical room with physical documents. Now it's a virtual room on line with coded access to documents. There are legalities involved in that the acquirer has a duty of care to its shareholders. It's called due diligence and covers not only financials but legal documentation, agreements and contracts. Try putting that in your spreadsheet and smoking it. Every comment you make scoop is seen through for what it is. Pompous and misleading.

[richyrich8] 08/2/2020 12:29

Scoopity scoop while you can. Doesn't seem you are able to do much better price wise. 5 stars for effort though.

[poebardem] 08/2/2020 12:04

Here's the scoop - Acquisition increasingly likely it would seem. Would be a shame to miss it.

[inaminute] 08/2/2020 10:58

Emailing spreadsheets, a term used by people who don't understand a process

[thescoop] 08/2/2020 10:34

"data room" .. A phrase euphemistically used by bulls to make the review of the business sound like it's complex enough to have to take an undefined number of months - so the bullish bluster can continue unabated.In reality a number of spreadsheets need to be emailed to get a grip of what the business is about.

[deanoblues] 07/2/2020 21:23

I think the data room is well and truly open....hold tight

[mdchand] 07/2/2020 20:24

hxxp://www.insideradio.com/podcastnewsdaily/q-a-audioboom-ceo-stuart-last-on-his-new-job/article_bde19242-49d3-11ea-8204-0f55dddd98e3.html

PND: Do you see Audioboom as a seller, or an acquirer?

Last: I don’t think we are in any rush to be an acquirer again. We’re still relatively small and there may be some benefit in us joining forces with other similarly sized companies but it’s not something that we’re too interested in today. We still have conversations regularly with others in the space about what those opportunities could look like. We are well positioned as the biggest global independent podcast business to be a target for acquisitions. I wouldn’t say we are deliberately positioning ourselves or looking for that. We are confident in continuing this growth that we have for a while, but if the right opportunity came our way we’d have to consider it because the whole industry is consolidating. We don’t want to be in a position in 18 months or two years when that consolidation has happened around us and we can’t compete anymore because we’re not part of a bigger group.

If that isn't a 'for sale' sign, I don't know what is.

[poebardem] 07/2/2020 16:53

Completely agree Wooty01