Member Info for ggrantsu

exact reason I stepped away from this share....just absolute games played with it intra day. over 310k of buys and a mere 70k of sells...and we are down not inconsiderably for the day. bloody appauled.

anyway...from recent RNS yesterday looks like all is well and be interesting to see what happens monday. but still...it's really annoying to see the share price manipulated like this. yet more 45kish buys...which have been on repeat for days now...that isn't a usual PI pattern buying.

this just looks mad now.....250k of buys.

How on earth can we be read with current volumes…..scandalous

Probably of no interest my thoughts and musings...but in case of interest my thoughts re Monday results are these situations:

Bad H1 numbers and poor outlook for remainder of year and going forward. Feels unlikely given in the middle of May they said strong Q1 performance had continued...then we had the move up charts to 3rd in US and the RNS yesterday.

Good H1 numbers and reasonable outlook going forward but an element of caution.

Good H1 numbers and strong outlook given the renewals as per yesterday's RNS.

Good H1 numbers and some kind of merger news; backed up by fact Tobin hasn't been buying and weird share price movements.

Interested to hear thoughts on here...

have a big investment here and was becoming very obsessed with it day-to-day...stepped away when we reached mid 8s and just wanted to switch off as knew the fundamentals are good. RNS today certainly very encouraging...

interesting on p.8 of annual report under 'trading update and outlook'...Chief executive talks about key renewals coming up for renewal and that if they are successful...a relevant update will be made to market about expectations. with results on monday for H1...it's pretty clear they will address what today means for them. altogether highly encouraging...

another note for discussion...some very weird trading activity today....tons of 45kish buys going through. and weird share price moves over the past week....finishing blue amid market carnage.

interested to hear peoples views...including yours kattrangler ; ).

best always, GLA

The idea that a larger player wouldn't want the share of boom....a player which is 3rd largest in US with a market cap of 150mm vs. players ahead of them who are valued at billions...is not a very logical idea.

they gain a business which has huge market share vs. their market cap (even a premium one)...and a revenue/cost base which can be scaled like no tomorrow. just ridiculously valuable.

agree with views on here re AAA...but don't see the worry...can see on BBG their share isn't changing and they were told to F-off last year. Tobin obviously realised some crap 20 quid offer from them is not in anyone's interests.

I know mate...I do pity the poor sod...I really do.

Gallder...stop embarrassing yourself mate. The Company made clear last year they weren't going to accept some tosh offer of 12 quid when LTM revenues were less than 50% of where they are now. I wouldn't be surprised if Tobin is in receipt of another mediocre offer (but markedly above last years) and is just not willing to sell out when he knows this business can be taken to 400mm in revenues annually without any acquisition. Honestly wouldn't surprise me...the company will be wanting to solicit offers from platforms like Spotify etc who really are willing to pay through the nose. Otherwise...why not just ride out the structural trends at play here and wait for a bigger hay day.

thanks DRB...much needed point here. as this business scales revenue profit is going to ramp up so bloody quickly. at this market cap and at the growth rates they are posting...existing P/E meaningless. and in terms of buyout price....this is looked at on a EV/sales basis...multiples have been 4-10x in last 2 years (as per Finncap) for businesses mostly not posting profit and growing slower.

Exciting.

Oh my lord this is just to testing. Don't know how many times I have to repeat this...bloomberg tracks 100% of holders by name and entities on a daily basis....can see it live, none of the major holders are offloading this share.

Secondly...your assumption that Tobin is happy to just 'overpay' for shares is maddening. The pure fact he is a tech investor multimillionaire makes it all the more unlikely he would put money into something willy nilly. Your assumptions about successful tech investors....utter garbage mate and I sincerely hope no one on this board listens to them. It's honestly the biggest guff you talk vs. anything else...

Tobin can put his money into VC, PE and other high growth tech businesses he believes can bag him more money. Absolute rubbish the idea he his just throwing money in here on the basis he's happy to overpay. Absolutely bloody rubbish mate.

there is simply no case to answer with Tobin buying.....literally no case.

he is the one man who really is most well qualified to understand future value here...acquisition or no acquisition. people need to relax.

hopefully the HY update is as joyous as expected.

No Kat, my primary reason was lack of cash. CEO/CFO on meagre salaries vs. their potential outgoings so makes complete sense they are not buying like Tobin.

Second sentence I worded wrong...of course they all understand the business and how to run it well...they have proven that. However there is simply a big difference between running a business well and being a tech visionary who really understands the value potential of a platform. Me and you don't understand that and looking at the past experience of CEO/CFO, neither do they. Tobin however who has taken businesses from day 1 to over 2bn dollar valuation...he does understand. I'm sorry but this is a funny board where you have 1 guy who really really matters in terms of what he is doing. And he knows more than anyone...he certainly has more contacts in the industry than anyone else and will have driven the F-off last year to the earlier offer because he knows it undervalues the business ridiculously. It's a free lunch what he has been doing for us.

By the way...to that article posted about acquisition signals. We are in line with quite a few of those...in addition to the fact that Tobin has suddenly stopped buying (biggest signal of all).

Sorry Kat...need to just clear up this ownership thing. Bloomberg tracks 100% of the shareholding...by names of entities and individuals. Can see it in real time. Your talking absolute mince here about a large seller...SP reflects that kind of action but I'm afraid to say its not happening. It is in real time and BBG tracks every percentage of ownership daily.

Much more in line this SP action with manipulation.

Tobin is a multimillionare tech investor....the rest of board if you check out backgrounds are capable but they don't look like they have a lot of spare cash.

They also don't look like they understand technology platforms and future potential...not knocking them. It's just very clear on that board who really knows what the future could look like for this business.

Sorry Kat you are just wrong about the price being totally pumped here. One...go and look at past transactions in this space. There are platforms growing considerably slower than BOOM and with no profits being taken out at 5x+ revenue multiples. For a company who is growing even faster with an incredibly sophisticated platform and which is now turning good profitability...these multiples will apply for a larger group who can scale this business. It genuinely is a business which is perfect for a larger platform to acquire.

Secondly, Tobin wasn't buying at 22quid + because he wanted to ride a pumped price. He is someone who all is life has invested his cash and made multiple bags. Versus you or me...he obviously see's incredibly potential here at a price considerably more than double where we are right now.

Why did you ever invest in this share...you are highly pessimistic and never respond to any of these positives when they are highlighted to you. For someone invested, it's bizzare. Also...never responded to you on this but wanted to get it straight...You also constantly go on about an unknown large seller...I have access to Bloomberg which tracks everything real time. No changes in the big owners here. Herald (one of the most sophisticated tech focused trusts out there)...still in. Candy Ventures...still in. Tobin...loading up. Aaqua...still here.

Also btw...not trying to negate or brush off your concerns! I luckily got into this thing at 1100ish thinking it'd be impossible to drop more...and I'm hating the paper loss. Make no mistake the drop from 20 quid plus is incredibly dramatic and feel for anyone looking at that.

But also think this is one of the most brilliant opportunities out there. Was re-reading the bid rejection last year when revenues were half of what they are now (along with profitability)...and the annual report and Q1/April updates. Given the April update was mid-May and they explicitly said strong performance had kept continuing into Q2, seems pretty conclusive the H1 numbers are going to be great.

So fundamentals exceptional...thats before you start to consider Tobin's buying...which seems reasonable to think has only stopped because he has inside information. Why else would he stop? If the share was good value at 20 quid for him (and he can put his money anywhere like VC or PE funds)...then it's phenomenal value at 8.50. There really is no explanation for the stop in buying except he isn't allowed to...the news has only got better for the company.

None of us know what will happen....but when I write down my rational for this position vs. others, it's a clear winner in terms of positive probabilistic outcomes.

As I've said before...literally nothing they can do.

Half year update coming very soon (don't know exact date but should be mid July)...my guess is they are just thinking lets let the performance do all the talking. What else can they do?

I'm much more interested in their revenue and profit growth vs. wider podcast market growth (which is measured broadly the same across consultants like PwC etc and Triton etc)....full stop it blows market growth out of the water.

they won't have addressed it because there is absolutely nothing they can do about it...literally nothing. was already a huge collapse in SP when they released the Q1 update and annual report, and even bigger drop when we climbed to no.3 in the US podcast charts.

unfortunately we are in a pretty horrible position SP wise...but a superb position underlying business wise. just have to remember the latter and try to ignore the pain of SP declines. it would be helpful if they released a performance update asap...

sorry i took your comment the wrong way...

all we can do as investors is look at the fundamentals....personally think the fundamentals with this share are some of the best out there right now. on top of that there is some incredibly nice catalysts with the potential for takeover...in a market like this I feel a lot more comfortable being in this one.

so many sectors i think right now are depressed even now but we haven't seen the start of troubles (cyclicals, housing, building materials)...we've had the market downfall and economy wide is coming next. podcasting a nice area to be in! especially one that could be taken out by a major at a big premium.

well its certainly not reflective of company fundamentals is it given they just became the 3rd biggest podcaster in the US and their recent trading update and annual report show exponential growth...combined with them being suited perfectly to a takeover by an operator who can scale them.

The peel report was definately a turning point. Assuming they sat down with management and had a de facto update on state of affairs. Anyway, best of luck tomorrow all.