Member Info for Boombangabang

Market now taking notice that Boom is seriously being considered as a definite target. Much further down the road on negotiations than thought. It’s all about price! The buyers are well aware of what Boom has to offer. Sound management and fantastic financial performance. Clean balance sheet. Due diligence of course but it’s simply about value and we know what the major shareholders will be looking for compared to current quoted price.

IHeart could be a front runner but their market cap valuation metrics are weak. So iHeart stock maybe attractive. However I would think AB major shareholders just want pure cash. Lots of media coverage now especially on iHeart price rise Friday and today all put down to potential bid for AB. Shows that the other side of the pond are being more proactive. It just shows what a poor market AIM is. Totally dysfunctional with MM and some traders ruling the roost. For the very short time they have left!!!

The market makers have decided that the value of Audiboom is now 1.5 x forecasted annual revenue ( $100m ). Casual buyers and sellers will be trading at this level until more news on interested parties. Of course if institutional buyers come on board the price will rise quickly. If there are posters here saying they are making money through short term trading my hat goes off to them. But it’s only short term profit and as always the big profits are those who hold long term with a reasonable quantity of shares.

Good points in your post mcsquares

This time the company will be sold. It’s taken a couple of goes. Directors, major shareholders and management are doing absolutely the right thing. In some form an interest has been lodged by multiple parties. The board have taken the correct action and called in an expert to fully review the options. These are listed in the RNS. The directors have their fiduciary duty to maximise shareholders value and they are doing just that. Top marks for this.

The issue is how much of a premium can a public company offer on Audioboom’s current market price. There has to be major accretion for the buyer. If 100% premium then it’s £13 as per the price target set by Cavendish. I think all AB’s major shareholders will recommend this

Alphabet European Microcaps. Audioboom represents 0.6% of fund.

Excellent research BigShow!

Do you recommend Alphajet as a good fund manager generally for personal investments?

So the price drifts back. This is not due to fundamentals of the business of Audioboom. Solely traders as we’ve already mentioned. If they and the MM want to play pass the parcel there’s not much investors can do. However I’m surprised the strong buying has reduced, for the time being.

Looks like Adelicious has some good quality executives. Good new appointment of Eastwood into an extremely important and key global position. The wording of the RNS reads very professional.

Very pertinent point BigShow. There will always be sellers simply because there is a dedicated group of short term traders. They play the share and because there is a relatively small free float this can cause volatility. The traders make peanuts due to a spread which is usually quite wide. This is a hold and has been for sometime. As you say at some point the price will rise very quickly and trading will become too risky. The big money will be made on holding until at least the broker’s target of £13 is reached.

Can’t encapsulate it more. That’s exactly what’s happening. Q3 and FY25 will offer proof and enable a stellar 2026 forecast to be published.

Your input BigShow is phenomenal. Keeping investors updated on all the views currently being put out by analysts, commentators and institutional shareholders. Thanks.

Good information about Q3 and possible flash update. The new consolidated business should have a real impetus now. Under Stuart’s leadership I hope it’s all guns blazing.

But a 2k is currently biting.

Our 1k is around.

Hopefully a big Shark BigShow!

What is the reason for trading in 1k amounts very close together. A broker wouldn’t do that.

Absolutely not. US markets were all red. Nasdaq 2 days on the trot. But there’s a dreadful feeling of manipulation yet again.

Buys 46k Sells 39k.

Tigerdeabo, I wish I was as lucky with my other investments!

Excellent update by the company. Very important to achieve a total integration and ahead of schedule means that the upcoming advertising campaign will be taken full advantage of by December year end.

Also Cavendish have issued a ne Note in which the fair value of £13 is reiterated.