Member Info for Boombangabang

What was the gist of the article please.

You’re definitely getting yourself in a pickle. Others here have already flagged your inconsistencies before and your pretence of your real motives. You’re now clogging up the board with as Rifkin says “ drivel”. You can’t even accept that your facts are wrong and blame your source. Not very grown up.

I have to say you have an encyclopaedic level of information. But it’s on the wrong subject and your always trying to steer towards shareholdings. There’s often an element of spite which is not good. If you could direct your attention to what really matters and that’s the business. No balanced, or sane , investor gives two hoots about the averages of Tobin, Candy, etc. and dates purchased. In my opinion your stirring things up. Let’s see how you do on analytics of the business.

Are you trying to be the fountain of knowledge on Audioboom.

I’ll highlight your ACAST post. You wanted to prove a point so you chose the price action from January 2023. Why this date. Why not since the beginning of 2024, or six months since November which come up with very different results.

Boom

Jan 2023 432p

Nov 2023 150p

Jan 2024 285p

April 2024 240p

ACAST

Jan 2023 SK7.39

Nov 2023 SK 9.00

Jan 2024 SK 9.99

April 2024 10.60

Most here can work out the percentages.

I’m sure most here will see you’re just cooking the books.

I can’t fathom the logic in these shorting theories. All I would say is Candy could not be behind anything as he’s a major shareholder and has a representative on the board. Any trading in the company’s shares would have to be advised to the board and reported in a TR1 to the stock exchange. He has market sensitive information which limits his ability to trade.

Soundman, I think we should leave it to Michael Tobin to decide how he buys shares. He’s a very experienced investor of businesses and I’m sure he knows what he’s doing is correct. His track record should give us all confidence.

Bravo bearhuntr3 for posting this article. AIM is a complete shambles which is dominated by MM and their shorting cohorts. Valuations of many companies are so far from reality. The sooner Nasdaq makes a bid for AIM the better. As highlighted the loss of companies and the lack of appetite for new listings proves that AIM is no longer a creditable market. Spotify at USD 6.3b market cap is the most obvious indicator that media tech stocks should be at a minimum of 2x revenue.

Market cap of Spotify is USD63 billion which is 1.9 times annual revenue. Audioboom on this basis should be minimum valuation of USD9 per share or GBP7.50.

Q1 2024 financials just released. Shares up 15%. Quote from the statement

“ podcast advertising revenue grew faster than music driven by significant growth in impressions sold across Original and Licensed podcasts, partially offset by softer pricing. “

Very similar to Audiboom comments for Q1 2024.

Management and long term shareholders are in complete agreement with your comments Dessy.

To correct a figure which I put out a couple of days ago concerning the Triton Podcast Ranker for March.

Of more relevance is Weekly Average Users which is what I stated. I did a miscalculation and as picked up by RunnerRunner there was a very slight reduction of 56k ( not an increase) to 5,546,000 in March from 5,602,000 in February. This compares, and that was my point, to a reduction of 400k for Audacy and a reduction of 300k for Wondery. I hope this is now clear.

USA Rankings out for March. Audioboom outperforms its competitors on average weekly users by increasing its numbers whilst others fall. Audioboom maintains 4th position and gets closer to Wondery in 3rd. Staggering achievement.

These are the figures that matter. You can keep the juvenile and misleading comments as they are worth nothing.

Most US media and tech stocks down around 5pc. Main Dow index up.

So obvious that there is a coordinated ring buying and selling within a 250- 320 range. Must be exciting for them to feel the power. Basically not clever at all. They believe they are hotshot traders. Call me old fashioned but I like to invest and see a company grow over the past 10 years into a substantial global business. I haven’t seen a decent return yet but there will be a good end to this. It’s pretty much to the day that Audioboom came to the AIM market in 2014. Maybe should have stayed private a bit longer to show some initial growth rather than as a start up. As usual it was hammered within a year. The current management has taken 4 years to produce a sound footing which was the basis of the current stature of the business at 4th ranked in USA. What an achievement.

Exactly bearhuntr3

15000 at 2.57 traded at 8:20 is just reported. Does that mark up the spread. Of course not

Cavendish restate in their Note a valuation of GBP13 based on 3 times revenue. Of course we know who has just said “ you can forget 6 times”. Misinformation of course. And it was specifically stated by Stuart Last that the companies were small specialised podcasting companies. Audioboom is a multinational which is 4th in USA and has many facets to its business. If only some posters wouldn’t make such obvious errors. That’s you Zak.

Finally on M&A Stuart says some podcast companies are on the market on the sell side. It’s believed that in second half of year this will move to buy side as multinationals will be back on radar.

Undervaluation on AIM is frustrating and something will change if no improvement.

Stuart is completely confident of meeting 2024 EBITDA and revenue forecasts.

State of Advertising market is slightly up but stable. Pricing and demand are stable.

New creator deals. Minimum Guarantee obligations reduced by usd5m. Renewals of partnerships with more favourable profit share for Audioboom