Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
You never know whatwhatkid with the motives of MM and cohorts
I’m with you bearhuntr3 and many others that management will present excellent figures. What can the MM (Berenberg) do to try and cause an uncertain and disjointed market on Monday. For sure as eggs are eggs they will do their best to undermine. You understand the intricacies more than most.
At a realistic value which has been advised by Cavendish based on normal metrics and not the current price based upon unregulated MM activity.
It’s becoming a stampede the exodus from the London Stock Market by companies. Main reason is undervaluation. E therapeutics is in the headlines today as they look to delist and move to New York.
Thx bh3. I hope it plays out as you see it. The next two days will be telling. Monday Q1 RNS could well be their last opportunity to try and mix up the market. We can anticipate some sort of criticism in the figures. I expect everything will be over forecast but I can hear it already that the percent up is not enough.
Bearhuntr3 you’ve mentioned Berenberg a few times now. Are they MM and is it a fact that they have been holding back the bid and ask regularly and consistently. It seems like that has happened today.
How can the MM be regulated. They would say it’s the market demand which dictates. That’s plainly false.
Good point. I was wondering if some of this activity was ISA and or year end tax driven. So buyers waiting for new ISA allowance and some sellers taking gains or losses for this tax year
You’re quiet bearhunt3r.
Very nice to see we are now talking about business again.
Https://uk.advfn.com/stock-market/share-news/Europes-Podcast-Market-Size-to-Grow-by-USD-1-13-bi/93554138
Taken from ADVFN where they mostly talk more sense than some here who are totally uninterested in Audioboom as a business and have shared no opinions on the podcast market. They prefer to indulge in conspiracy and rumour.
AZM90 I really don’t know how you can say you have more shares than I do. This isn’t a competition. I don’t know how many shares you have. I currently have well into 6 figures, never sold but at a price I wish was lower.
That was a try by AZM 90 at blatant disinformation
You’re completely wrong 404. You post something which is two years old as Morbid left in May 2022. The only show to go to a competitor and that was in the day when crazy guarantees were made to the podcast shows. Stuart Last have the market 3 months notice in January 2022. There have been losses to all podcast producers as guarantees were called in when ad market fell over past two years. It’s actually fortunate that Audioboom didn’t keep Morbid as it was too expensive. All Audioboom’s shows are contracted for next 2 or 3 years if you read the RNS’s. Also you will know that Audioboom is performing better than any competition as shown in growth in Triton rankings. But you and Zak and others can’t be bothered to do positive research and come up with balanced views. Doesn’t matter what you post, I’m more than happy with the way management have coped over a difficult 24 months. There will be a buyer sometime this year in my opinion.
Stuart Last was the first in the industry to highlight Apple IOS17 and its affect. He explained that audioboom had already addressed the issue and countered from a revenue perspective by extracting more ad inventory per download to sell. Thus Audioboom has become more resilient than others.
This has been known for over 6 months and some here are seeing at something new.
The 2024 Forecast issued by Cavendish has taken into account all the above.
If you or anyone else remains doubtful then that’s an investment judgement for you. But please don’t bend the facts.
If anyone or the market wish to have anything other than a positive view it’s a free world.
The company are quite clear on Apple IOS change. Audiboom is doing better in the market and welcomes the change.
Across the podcast industry, consumption levels have been impacted by Apple's iOS17 update. Released in September 2023, this update changed how the Apple Podcasts app downloaded episodes, with industry-wide downloads decreasing by an average of 32%. Audioboom welcomes the change - part of the continued maturation of the industry - as it provides more accurate consumption data, which in turn will improve return-on-investment for brands advertising in podcasting and long-term revenue upside opportunity for publishers.
Audioboom's CEO, Stuart Last, commented: "While the Apple iOS17 update has disrupted the industry's view on measurement, what is clear is that Audioboom continues to move faster than our competitors globally. In the US we have captured market share and become the 4th largest podcast publisher in the most important media market in the world."
Should easily be able to get back to 400p in April 2024 if sentiment continues.
Mayuranshans that was a large trade almost at mid price it would be very interesting to know what’s happening behind the scenes. Not usual way of operating by MM. Are they finally changing sentiment.
Conclusion
Although podcasting is still in its infancy, we could see this type of broadcast attracting more and more
advertisers and pushing the theme to new heights with new entrants.