Member Info for Bearhunt3r

It certainly appears that Zak has escaped from the mental asylum.

16:39

I haven't even got any kids. What u going on about?

Zak7795 Direct quote from your post on 10/09/24:

"i'll make a promise on my kids lives. these will be 200p in 2 weeks. if they aren't i promise promise i'll never comment on this forum again"

Zak, you must know some important people on this forum to get your post taken down so quickly, and they let you keep spreading lies with all your fake names. Too bad you didn't move fast enough 😉

Wait a moment, you previously claimed that you do not have children. Therefore, it is unclear whether you actually have children or not due to the numerous falsehoods you have uttered. It seems as though you may require psychological assistance if you genuinely believed you had taken your children to school this morning, despite informing us that you are childless.

Zak7795 post Today 10:08

Kids are good thanks Bearhunter. I told them Dad’s Boom is getting taken out soon at £15. U should have seen the smiles on their little faces as I dropped them off at school. I recon they are gonna start writing their Christmas lists when they get home. My eldest wants a Porsche. U better be right.

Zak direct quote 16:39

I haven't even got any kids. What u going on about?

Continue observing the consistent pattern in which the orchestrated short attack aligns with the deramps by these malicious trolls.

Algo trading may not be the only factor at play; it could alternatively involve a collective effort of 7-8 individuals simultaneously hitting the bid on the RSP.

*correction market cap of AB is no longer exorbitant

Another notable point is that there have been persistent rumours of Spotify pursuing a bid for AB in the past, at a price range of £15-16 per share. With Spotify re-directing their attention towards podcasting once more, it is perfect timing for the to make make a move to acquire AB. The existing market cap of AB is exorbitant and likely appears highly appealing to any potential suitor.

Spotify’s advertising revenue is forecast to reach $2.1bn in 2024

Spotify has consistent advertising revenue growth momentum. The platform has achieved double-digit growth in its advertising business over the last six quarters. WARC Media figures suggest Spotify’s global advertising revenue will surpass $2 billion for the first time in 2024, up 13 per cent year-on-year with revenue rising to $2.6 billion in 2026.

Podcast advertising revenue growth has outpaced increases in Spotify’s music advertising monetisation, driven by a boost in impressions sold in both original and licensed content via Spotify Audience Network. Spotify is also looking to boost advertising revenue through the launch of generative AI tools such as Quick Audio.

Aldebaran’s post on 6th sept - “I'll leave now and come back when price has bottomed as it'd obviously annoying you to have a reality slap and I am actually trying to help a few of you see the light and male some money”

All of these trolling accounts share a common trait: they are all compulsive liars. Take for example Zak, who claimed he would disappear but instead continued to spread FUD. They are willing to go to great lengths, even swearing on their children's lives, to deceive others. These chavs represent the lowest echelon of society.

Further information on how these deceptive trolls operate can be found in the provided link below.

https://x.com/AbuseMarket

Some examples explained here and other links found with a simple search:

https://www.investopedia.com/terms/m/manipulation.asp

This one perhaps: poop-and-scoop scheme, in which false derogatory statements are made about a stock in order to buy it on the cheap. There's also the short-and-distort variety, essentially a poop-and-scoop executed by short-sellers in order to profit.

The desperation displayed by these deceitful trolls has significantly intensified. It is evident that a substantial increase in the stock price of AB is expected, as indicated by the relentless efforts of these individuals to spread negative sentiments about the company. A careful analysis of their past posts reveals multiple instances of contradictory statements, which underscores their lack of credibility. These individuals harbor animosity towards the ‘almighty bearhunter’ for unveiling their deceitful tactics.

Bearhunters posts are so boring that you have gone as far as spending an entire night on a LSE BB scrutinising them for grammatical errors hahahaha. Additionally, you even dedicated time at 22:30 at night to respond to these dull posts. However, what else can be expected from someone who is renting their mother's couch, leading a sorrowful and solitary existence with no prospects or achievements in life?

It is evident that bearhunter has provoked a strong reaction from you trolls, to the point where I occupy your thoughts even in your nightmares, living rent-free in your minds.

Given your apparent fondness for marking papers, I suggest that you bookmark this - within a month you trolls will cease to exist.

These trolls are just looking for attention, so don't bother giving it to them. We all know who the trolls are and what they're really after.

My post on 12 sept.

12 Sep 2024 17:25

It is well understood that manipulators have been sending messages to investors and traders in an attempt to dissuade them from purchasing AB, utilising deceitful tactics in order to exert control over the share price. In some cases, these manipulators have gone as far as offering other stocks as a incentive in order for other investors and traders to profit, all in an effort to manipulate AB’s share price without opposition. It should be noted that these actions will undoubtedly lead to consequences for all individuals involved in these manipulative practices.

Stringerbell, it is quite amusing that some individuals believe they are causing harm to the bulls by manipulating the share price downwards. They seem unaware that they are actually benefitting buyers by providing them with discounted stock. In doing so, they have effectively trapped themselves in a predicament where every action they take inadvertently supports the bulls. Despite this, they appear too oblivious to comprehend their own actions.

The next challenge is to understand what could catalyze a major (and sustained) share price rerating again. For me, this is very simple: continued topline growth (following the excellent Q4 2023), and a return to healthy profitability, which leads to forecast upgrades.

The RNS of 16 Feb suggests that the Company is already building on the Q4 revenue figure of $19.2m. Furthermore, the Company has become much leaner over the past 12 months (headcount reduced), and has reduced minimum guarantee obligations for its podcast creators (will be over $2.5m throughout 2024).

Beating market forecasts is the way to go.

@Audioboom

's management is acutely aware of this, following that remarkable share price run over 2 years that began in H2 2020.

Over the past 4-5 months, the Company has been trading at the steepest discount it ever has, relative to its own revenues. If it were tracking its own historic valuation, it should be at over 700p right now. In contrast, the Company is now arguably in its strongest ever position. Its topline is growing rapidly once more - outstripping the growth of the wider podcasting industry, in fact; and is likely to move into healthy profitability this year. Management is openly signposting that 2024 will be a record year.

Forecast upgrades will come, and will drive BOOM's share price much higher over the next 12 months, I believe.

Management indicated a potential M&A activity within the next 12 months in January 24, when management publicly announced the for sale sign. It would not be unexpected if there is no US listing, as the expectation is for a M&A transaction instead.

DYOR. Ignore the agenda driven trolls

U_time - The analysis conducted by Myles in the early part of this year is noteworthy. Although AB has since achieved record numbers, this analysis remains a valuable indicator in terms of valuation. In the realm of technology companies, it is crucial to consider the trajectory as the most significant factor. Ultimately, individuals will pay what they perceive to be the worth of a company.

Work on #AUDIOBOOM #BOOM's valuation.

M&A in the podcasting space tends to be based on enterprise value/sales ratio (or price-to-sales ratio, which is the same except that it does not account for cash or debt on the balance sheet).

Transactions in the space over the past five years for which there is publicly available financial data include:

- iHeartMedia acquiring Triton Media for an enterprise value of $228m (an EV/Sales ratio of 5.0x)

- Amazon acquiring Wondery for an enterprise value of $300m (an EV/Sales ratio of 7.5x)

- Sirius XM acquiring Stitcher for an enterprise value of $325m (an EV/Sales ratio of 4.5x)

- Spotify acquiring Gimlet Media for an enterprise value of $230m (an EV/Sales ratio of 10.2x)

That's a mean EV/Sales ratio of 6.8x.

In the graph below, I have charted Audioboom's quarterly revenues over the past 5 years / 20 quarters from Q1 2019 to Q4 2023 (y-axis, left side) against the average weighted market capitalization for each quarter (y-axis, right side).

I have used a PSR over EV/Sales as BOOM did not have any significant debt in the period, nor did it ever have surplus cash (in fact, it relied on cash injections from equity raises until 2020). Accordingly, PSR in BOOM's case is an adequate proxy for EV/Sales, when comparing against the aforementioned M&A activity.

On average, across the 5-year period, BOOM has traded on a current year PSR of 1.85x (and a median PSR of 1.55x).

The combination of the share price collapse throughout last year (which bottomed in early November), coupled with the return to strong topline growth in Q4, means that the stock is now trading at a 62% discount to where it has traded over the past five years, on a PSR basis. Or to put it another way, just to be trading in line with where it has (relative to its revenues) over the pat five years, BOOM should currently be priced at 717p.

Now consider the known M&A valuations of the past five years. A mean EV/Sales ratio of 6.8x - versus BOOM's currently at 0.68x.

Based purely on previous M&A activity and using the peer group average, BOOM's "premium takeover" valuation would be 10x / 900% higher than it is: 2,500p.

The challenge is to understand why the share price collapsed over the past two years, and if the collapse was too extreme / unwarranted. My own view is that a temporary topline contraction in 2023 - caused by both the loss of a key podcast (Morbid) in 2022, and by a major downturn in the global advertising market between Q3 2022 and Q3 2023 - caused major uncertainty and yes, did drive an unwarrante

AB is a sitting duck AB, making it a prime candidate for a takeover bid either before or after the Q4 results are released.

These trolling accounts warrant further investigation by the authorities, with a focus on AB.

404x, aldebaran, lor_9, zak7795, losingless