Member Info for BDfox

Well Congrats Zak to be able to place an educated bet/ gamble / position in this.
I am on the side of the coin that think Audioboom ‘s share price will be a lot higher in the longer term . Time will tell. On this I take the view rising tide rises all boat and ignore what Mr Market is willing to pay in the short term. Believe Boom is in decent position. I think is is amazing the price Conan got for his podcasting company particular given its size relative to audioboom’s. . Interesting to hear how anyway to argue the opposite view around relative value but that is what these boards are for. (Not that highlighting that will make a difference to the price..but it helps break up the Time till the gradual enviable move up (in my view) happens)

Strange times ! Your figures show how strange. I did think it was going to continue to creep up as it has done over the last few months.

Normality will return . Just have to wait. Main thing is if performing well under these conditions… will do even better when the ‘wider’ good times return.

those points if happened are great but unfortunately were far from sustainable by Labour. given how they failed to even closely balance the books. history shows that Blair's labour government couldnt manage the economy long term ...they borrowed more money than they brought in- in both the good times and in the bad times.. ...
when it is not supposed to be like that ! gov finances were in a mess even before the global crisis of 2008. it was laughable how they blamed their terrible fiscal management on the crisis. even after years of boom times (and pre crash) it was higher than it had ever been ... then the crash came along and some labour politicians then blamed the crash for their terrible fiscal management... for spending all the money! (meaning taxes had to go up just to service that government debt that was there pre crash!) they ran a deficit for the years prior to 2008 when they should have had a surplus (given it was boom time !) historically and theoretically governments run a surplus in the boom time to spend in the recession to get start things started again.

everything above about the fiscal deficit is 100%correct.

audioboom share price has been bad over the last few months but nothing like Labour's ability to Mess things up. (most labour politicians come up with great suggestions except when it comes to 'how they are going to fund their latest initiative!'.. then the normal waffle comes out which lacks detail and credibility.

dont think conservatives are particularly good just know the fiscal account make Labour seem woefully incompetent. only real winners are the MPs themselves. ironic how they get to vote for their own pay rises ! yet say other public sector workers cant have a real increase.

sorry. rant over !

Continues to creep up every so slowly.

Makes a nice change in my portfolio ! Lol.

Long may it continue !

This share has had a shocker because of fundamental decisions and actions the board has made. Unfortunately it shows what actually moves this share price.. based on what actually happens in the business rather than a consensus belief in technical analysis. I think that is why Andi… people hold your posts in a different regard to Swazer’s eulogying or prophesying around chart lines .

Personally I think this will come good long term. they still have the technology they are making in roads trying to get others to take it on board.It may be years away but I don’t mind waiting better to be too early than too late. That may be wishful thinking but time will tell.

Fingers crossed it is just a bad six months till the sales start coming in !

good weekend all.

Predictions around fundamentals is one thing.

Loads of companies out there that don’t even have a p/e ratio as they are running a loss so I agree that they do have limited value. .. sports direct is one that springs to mind and there share has not dropped half from their peak on a bit of bad news (now running a loss) . Personally think something going on in the background with Audioboom but time will tell. Either way profitable company growing sector., . what is not to like !

It may get worse before it gets better… but that only matters if you hit the sell button …or the company have to get more funds which given that did that relatively recently I can’t see it happening again.

The board are not interested I assume in short term price fluctuations / drops in this case. Twitter all about image anyway.

Long term this is a winner.. resist the urge to watch the falling the share price.. but don’t listen or engage with Swazers…

He does it for a reaction.. to support this view check out his ‘ business’ … it is as credible as school share trading club. I have heard some of the content. Absolutely laughable that he even mentions it on this board Never mind embarrassing.

So just block him and don’t let him wind you up. Have viewed other boards and it becomes what some posters do.. repeatedly posting to wind other people up and get a reaction which is Moronic behaviour.

Just give it a few years and this price will be a distant memory. Anyone who has shares in this company now is early way way early but that is why if it comes good holders will get a big pay day.

The company has the technology.. running out of money is years away if at all ! . (Why would they ever struggle to get finance if they tech that works sure the price may drop in the short term)

Right back to work !

As suggested earlier if anyone has an LSE email address to report Swazzers for continuing to promote his business which I am guessing he is still doing- please post it in a reply so everyone can send the email to that team and report him and get him barred for plugging his ‘ business ‘

Imagine how devastated you would be if you attended one of his courses ..lol

If his commentary on this board in anything to go by. Multiple indexes are all down. There is a war going on inflation if sky rocketing (which was on the cards months ago) yet he keeps posting his drivel as though he is the Sage of Omaha !!

No surprise a growing new company has had its share price fall out of bed. Even profitable companies are way down.

The technology has not changed. Sure it is facing cash flow issues but that is bound to be expected in these times.

We all know this is a long term play- multiple years… so just ignore the share price till then !

I can’t see it going bust because of the technology it has. So don’t worry about the share price in the short term.

I may be completely wrong on all of the above except….

block Swazzers and his banal posts !

Don’t even acknowledge his post/ continue a thread he starts.

It works. Eventually they go away.

They can’t be posting to add value/ new content because their posts are so evidently vacuous. It is clearly just to get a reaction. After a while they get bored because no one is throwing the ball back to them.

So just ignore it like it is a crypto advert promising the world. Or just reply with ‘ Oh yes you are right’

In my experience eventually they do go away… … and normally reappear a few weeks after the share price (of that board) has moved significantly and return with a long post in which they say they bought/ sold weeks earlier when it was at the low/ high.

To end on a philosophical note …..

1) ‘ a fire consumes all that you throw on it’
2) remember ‘Momento mori ‘ so don’t let someone you don’t know wind you up !

Good week all !

It will do nothing to the share price but does improve the level of discourse on the board.

I think The AAA deal included shares in a company that wasn’t even listed at that stage. . as in it was going to be listed so it was a massive stretch in my view/ very wishful thinking.

( I wonder if was part of wider plan to drive the share price up (strengthen takeover rumours which later transpired to allow a great exit price for the shareholders that subsequent sold near the peak… but who knows. I realise that is all a stretch )

But regardless since then audioboom’s financial performance has improved.

It is true there have been big sales recently which I certainly don’t know the reasons why but there have been whole markets that have come off loads in recent months (during which time audioboom was going up against the grain on the back of takeover rumours) (I am trying to rationalise the fall in share price…and most of my shares are down ! LOL)

Difference in comparison with ITV is that had turn of fortune in terms of profitability which assume drove the price change. Audioboom still doing well or is based on the information in the public domain.

Personally I think the only thing that will really stop this being a temporary glitch (driven by large shareholders deciding the takeover is not happening anytime soon) will be if Audioboom declares cash flow or profitability issues/ concerns … which I can’t see happening but what do I know ! (and As am sure is evident by comments / outlook above I am confident/ hopefully Audioboom will continue to grow)

As you say any potential bidder is not going to want to over pay and maybe they will wait to see if the bottom has been reached before starting to get more but either way unless financial performance changes the board would not be obliged to approve a bid just because it is at a premium to the current price. If audioboom needed new ownership or cash flow etc things I assume would be different. (never been a director/ board member so all the above is not based on actual experience) Similarly things would be different if the bidding company are able to provide/ offer massive synergies/ expertise/ infastructure that secure the Audioboom’s long term future but not sure if that is the case with Aquaaverse. (And similarly they would only be on relevance in my view if Audioboom needed them which given their market position I am sure most including the Board would agree- they don’t need any help)

I do recall BSKYB went as low as 3-4 pounds when the truth came out about their operation .. but eventually sold for double that and they were bought out by the majority shareholder (after the regulator approved the deal and finished their enquiry) . (As in they weren’t able to take it private just because the share price was very low)

Any premium the shares ultimately go for will make a colossal difference to Tobin so I can’t see him allowing it to go on the cheap. He has millions of shares .. even one pound here and there is fortunes to him. So the board won’t mug it away.

Spotify made some announcements today about the Podcast market and their subsequent investment plans in that specific field/ and what they believe will happen in wider podcasting market.

(Some may find it of interest)

Candy didnt need to sell his share in Audioboom for the THG deal. article in papers few weeks said he already had a large holding in THg so would benefit when that companies fortunes change or its gets bought out. (and that Candy was trying to buy it and part of his motivation for doing so was that 'he wanted to cement or create his reputation as a big deal maker'.it didnt mention Audiobbom at all.)

given his success the article didnt paint a balanced picture of him in my view.

i dont think he has to sell Audioboom for other deals he has absolute fortunes.

i think if remembering correctly - the statement made by the Board following the offer did allude to some people being for it but given the valuation it couldnt be recommended or put to a vote. dont think it named groups.

hopefully that stops the drop

finncap have made a statement in response audioboom price fall. think it was done today. referencing the high and the price drop. they have stated no change in underlying company position. cant find it via a link to post here but have read it.

Yes shame it is not moving up .. even if doing it slowly.

In about Nov / dec last year the price flew up to around 13p a few weeks just before the rights issue (the one at 8p) and then came a couple of pence just as quickly. -when there was announcement

Be nice if that happens again soon (but the price stayed up next time) … lol

Hopefully long term it is a winner.

Taking profit is the name of the game ! Well said.

My take on things are - I Think the days of the early mentioned £10 pounds will not be seen again. It was worth more that before it declared a profit. Unless Audioboom announced some sort of financing crisis I just can;’t see it. Even when the whole world ended a few years ago companies with growing margins in growing sector did not drop 50 %. It was only the one that were struggling already that had the big drops.

Having said that even with the turmoil going on in the economy I am surprised with the speed of the recent drop.It seems lot more than the market as a whole. Although we have all seen over the last 15 months how a rise to the next high has been preceded by a noticeable drop (although normally only about 15%) but who knows whether that will happen here (in the short term) .

THe good news though is Audioboom now making money and the podcast market is growing so fortunately I can’t see how the Board can deem it is necessary to recommend acceptance of an offer that doesn’t reflect fair value. But to be honest I don;t know how the current ownership structure makes that more complicated (although surely if a shareholder also owns shares in the company that makes the offer they would have to absolve themselves from any vote on the decision - given the obvious bias vested interest) Therefore it is down to the board and independent shareholders (non connected beneficial owners/ as in not those that own the company making the bid) ) and why would the Board (given their wealth is tied to the sale price) feel selling at a low relative to the highs makes any sense at all.

I agree that anyone contemplating bid may hold off at this time due to it being a time of doom and gloom but do think the bid is bound to come at some point.

All just my view.. and I may be completely wrong.

Good luck all !

Directors can’t buy in closed period which happens when deal is under agreement/ specifying or negotiating terms. So sure you are right on that point.

Either way company / wider market will continue to grow they say . thankfully ! Lol .

But be nice if there are low level discussions taking place which progress and cause close period to be entered and a then done.

AAA in my view won’t be bidding any time soon as I don’t think they have relisted so surely Tobin wouldn’t ecommend a bid from a company that doesn’t have the finances in place to buy the company they are responsible for (if they are paying for it via a share issue they have not yet done) - too many unknowns. (Seems like a reasonable view to take)

Does anyone know of a deal done in the last few years where the purchasing company bought out the shareholders on a floated company and gave them shares in another company on another market ? Regardless on where the buyer is based they tend to buy it outright or offer shares in a company that is in same stock exchange.

Can’t see this one being the first.

Sure a lot of people would not be too keen on getting shares that listed on another exchange. Particularly if that means funds are taken out of tax efficient wrapper (which it would)

No reflection on AAA as company or what they do, did or intend to do.

thanks for the reply

hi. nice start to the week!

how are you invested in AAA if it is unlisted ? (sorry if I have missed something straightforward)

thanks