Member Info for Boombangabang

Quite right Rifkin, and thx for research as saved me doing the job. Any buy is significant. Gripes and moans are insignificant. Always new people looking here so company is entitled to update on how it is measured. I think it’s the first time Edison and Triton have been aligned. The simple fact is Audioboom are doing an incredible job being in the mix with some very large and well financed competitors. AB is a lean operation and management is to be congratulated for seeing last year some downturn in worldwide advertising and slimed down numbers to reduce costs. They are also exceptional in managing their finances. But mostly they’ve grown the core business and now expanding.

Very good to see you back. Metrics could t be better and as people have posted it’s time advertising picked up. I don’t know if there has been a concert to get the price down. It certainly seems like it. But one has to look at other tech and media shares which have been hit hard. Spotify for instance. I think the second half of this year will show excellent growth and mainly in Q4.

Well done the Chairman. To continue his buying yesterday with GBP10k sends the continuing message that Audioboom is on the right track.

Https://variety.com/2023/digital/news/podcast-ad-revenue-2023-forecast-study-1235610164/#:~:text=Podcast%20U.S.%20Ad%20Revenue%202023,Billion%2C%20up%2025%25%20%2D%20Variety

Totally agree Sieveco.

Zak stop banging on about your instagram photo of your account. No one is interested.

Some months ago I gave Zak the benefit of my doubts. But he’s really shown true colours today. There’s a difference between constructive criticism or analysis, however Zak in just vindictive.

The company has reiterated time again, the business metrics are doing very well. Advertising market, FOR EVERYONE, just has to buck up. This will fly again. Stuart Last and Tobin know that. The advertising market has not turned its back on podcasting as it’s a growing media.

When you say unable to buy or unable to sell. I assume that was at the price you wanted.

Good management are continuing the conference calls. I think they’ll have plenty to say. Stuart Last being in London is interesting - maybe.

Then why don’t you see how well the fundamentals are doing in the company. The announcement a couple of weeks ago gave those facts and all time highs in KPI’s. The company maintains its very good position in USA , Canada and Australia.

Can you see this?

Sometimes, Marsh, when someone is so far in the red and there’s not much more to lose they’ll rubbish a share to vent their frustration. I’ve heard this in personal discussions but not on a BB. Also he’s obviously had his fill of Roger Sargent - does he still have 300,000 shares?

I’m hopeful of H1. I trust management of Last, Clarke and Michael Tobin has been a very proactive chairman. They were honest to give plenty of pre advice that they were working on a new forecast which as I’ve said before I don’t believe will be drastically different from the original.

My understanding is that the brokers ( finnCap) have to sign off and issue any forecast figures. It prevents unruly directors from issuing projections without proper audit.

aaa suspended at 54p. another rodger sargent ****up

Plus I don’t think management can give any details until finnCap have gone through the fundamental assumptions for FY 23.

I don’t think the results will be more than 10% below forecast unless there has been a exceptional event. The RNS a few ago said “expected” not “will”. I don’t know if we are reading too much into words. However we must remember that there was no deviation from finnCap forecast in Q1 announcement. I would say that management planned for an uptick in advertising and rates which hasn’t yet happened. All the KPIs of the company are showing growth so this is the key. I can’t see why there should be criticism of management nor devalue the worth of the company. But we know how the AIM market works and it loves to overreact.

So far only 99 trades this morning. Trading for some time I think has been orchestrated between concerted parties playing the shares. No true investors. An effort to get the price down before H 1 announcement which is due sometime this week. I hope there is good clarity from the directors on the forecast for FY23. Advertising has hit all companies and sectors over the past 12 months.

What are you on about dogging. This is a news item from 2015.

What is your rationale. I’d say min of 2.5 x Rev of $70m. That’s $10 a share or £8. Trying to value I’m M&A isn’t relevant at moment as no activity

Zak, a bit newly mouthed. Last and Clarke are not paid huge salaries, in fact rather low I believe. They are incentivised with the employee share option scheme which of course has not gone as expected. I just don’t think they’ve got the spare cash.

Rifkin thanks for informative post. In my contact with him over the past year his reason for buying has been the growth in the fundamentals of the business. The advertising market has been difficult and the company has flagged this 18 months ago. It’s gone in longer than expected. I’m certain Tobin is ready after H1 has been announced.

Still a growing sector… this is from the most recent Edison Research study…

42% of Americans 12+ have listened to a podcast in the last month, a new all-time high and up from 38% in 2022

So 15 million new podcast listeners added in the US in the last year.

Re Spotify… Spotify in particular took a celebrity route - Sussex’s, Obamas, Oprah Winfrey, Kardashians. None of these worked. I remember one of the slides in the investor deck highlighting a key belief of Boom that podcasting is an independent creator medium - authentic voices are what audiences connect with and the same in Sports podcasting - shows from the official sports rights holders or teams struggle to build audiences, but independent voices thrive.