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"How have you calculated a forward P/E of 80x ?"
It would seem that he doesn't know! Perhaps it had more to do with getting an trolling title up for others to see?
Who knows, if he doesn't tell us...?????
"Taking profit is the name of the game ! Well said."
Who said it wasn't? But why get off a good horse to risk getting on a donkey? Also if you are going why leave half behind?
Another Tom Winnifrith comment I remember was, "Run your winners, a good one is hard to find".
Well, they are all personal choices and up to the individual concerned. No criticism, just an observation.
"I Think the days of the early mentioned £10 pounds will not be seen again.
Yes, that may well be right. Although I seem to remember seeing that comment about £15 a while ago. Life is so unpredictable, of course you know that. No criticism, just an observation.
"but you have to acknowledge that there is much global uncertainty at the moment which may cause potential suitors to delay..."
Oh, I acknowledge it alright. But I also acknowledge that with Boom's structure it actually makes them MORE attractive a target, not less.
IMO, somebody has worked that out for themselves. Hence the recent movement. Someone wants to wrap this up quickly (and as low as possible!)
"I think £35 is optimistic in the short term given the share price today is £14.25. "
I've been here since 2014 so the short term isn't an issue for me.
I don't know why you are rating the value of the company on the present share price in light of recent activity, that's what they want you to believe. Still, good for you, if that's what you want.
What bad news has caused the price to drop so spectacularly? Are BOOM suddenly running at a loss? Have they lost a lot of clients? Has the revenue stream dried up? Are the overheads unsustainable?
No to all of them. As I have said, since the latest information things have only improved for BOOM if anything and the full potential of the company is still yet to be realised. Especially in view of the economic situation and BOOM's operating structure.
I think if I had as little faith as you I would have sold the lot. At least then you wouldn't have the worry. There seem to plenty wanting to buy. Why do you suppose that is? Perhaps tomorrow you can have a good day when sells outnumber buys, for once.
Apt name, BTW.
My guess is I want £35 minimum. It's what was reckoned earlier as value of the company and nothing has changed, or if it has AudioBoom has actually got stronger in the interim.
I will probably vote against anything less. All IMO. I do want to pick up 10,000 at 200p though. I can't afford it at 800p!
We'll only know if it's working when we come to offer price. IMO, let's make no mistake, this is virtually certainly pre-take-over activity, if "they" can get what "they" want.
I think it is working (for us). The amount of buys are the proof of this, they are fighting an uphill battle. We know the value of this company and I think most will not be moved by some derisory offer.
Yeah, they're looking strong at the moment, and with help they can go part of the way.
But it is looking increasingly difficult.
After all, are you "spooked"? I'm damned if I am! All I'm looking for is more buy-in.
It seems that way. Yesterday buys exceeded sells by 33 per cent, 74,000 sells, 104,000 buys, and the price was driven down by 10 per cent. The same it appears, is happening here today. I've been in this company since 2014, so nothing new here. Personally I believe it is being led by a company driving the price down to put in a ridiculously low bid offer.
This is also what happened to this company in 2014 into 2015 and longer. Partly helped by some inept decisions by Rob Proctor, IMO,It took about 5 years to recover then.
Simply make the most and get in when you think it's at its lowest. I have no idea when that will be but I won't be buying anything above 800p and I'm looking (optimistically) for 200p. Meanwhile I'm sitting on my hands and letting the little savages run riot.
That is simply my new target price. It may never reach it but I have seen more than enough shenanigans here, led by the likes of that winnifrith thing to know anything is possible. And he does have a nasty little chip on his shoulder re: boom.
It dates from when Proctor was supposed to appear at his pizza parlour but he sent somebody else, an idiot director IIRC, and Proctor went to China instead!
Don't forget folks... at some point SHORTS HAVE TO CLOSE!!
"The cure will be worse than the ailment."
LOL. Love it. It's becoming more familiar than "What up, Doc?"
""Putting your head in the sand will only get you run over...""
Plus which, unseen people may touch parts of you that you would rather they didn't and you won't even know who they are! Very distressing, thanks for the reminder.
"It’s like he responded to my comment!"
Could be. Although I think he was probably waiting for what he thinks is the bottom to buy more.
I saw that legendary "Code 1" go through but didn't acknowledge it.
Everybody knows it's rubbish, don't they?
Mr Bear, some recovery it seems now. Did a MM see your post yesterday and "design" this mornings drop?
No... that would NEVER happen. Glad you are still with us.
However, I have made a mental note to never disclose a stop/loss price in the future. Forewarned is forearmed.
Nothing has changed here but the price has fallen. The company is as valuable as it was.
This is/will be a great top up opportunity or an entry for those bleating that the shares in issue should be doubled as they didn't buy shares this expensive!
Headless chickens don't think.
This has nothing to do with the share price, this has to do, as it does with every company, with the value of the company.
I understand your wishes and although sound from your point of view, simply has no other point of view to support it.
"I like to hold at least a 1000 or so."
Yeah, great, but who cares about that except you? The market size is 750... so buy 750, because that's what the "rules" are for Audio boom. Or buy what you can above that "at best".
One thousand, OK so... there's twenty grand. The choice is yours. Pay up, stay out or abide by their "rules.
As for them being "too expensive", I will break the habit of a life-time and quote something Tom Winnifrith said that I believe is actually good.
A team on "Show me the money" bought into a company and one of the reasons they did so was because "the shares are cheap, they are only 2p".
TW's instant and telling response was "They are NOT cheap, they cost 2p!"