The latest Investing Matters Podcast episode featuring financial educator and author Jared Dillian has been released. Listen here.
Dep CEO just bought 1.8m shares. Follow the.....
As if by magic....pop!
Book looking strong - Can't buy at 13.5p & only 1 mm sitting at 14p
The consolidation to 7p happened last week :D
I read it as a forgone conclusion, from the acquisition side it reads as 'a definitive agreement' & is being publicly stated that Super Apps will be valued at $1.1bn post merger, yes that's right $1.1bn...
Exactly that - MBO have the tech & scalability whilst Super Apps have the capital. The deal in itself is worth c19P (cash 11p & retained 40% of disposal 8P) to MBO whilst adding £40m rev next year with little expenditure. Surprised to see that there hasn't been a huge re-rate as i see MBO knocking on the £100m+ mcap in the short-term.
Another big blue day here following yesterday's RNS.
You think Super Apps are making an Aquisition of £11m to not generate a return?
The disposal alone is worth 11p - then try & work out the added value of 40% of the additional £105m expected to be generated next year :O
with promised revenue of £105m next financial year to Dec23 with SuperApps providing the working capital?! That's huge.
Yes, Stuart & Brad both very impressive. I suppose the main takeaway is that Audioboom will continue to easily outperform the sector in 2023 (Sector growth expected to be 10% in the US despite headwinds) - they showed a slide which stripped out Morbid which outlines the strong incremental growth. Showcase is the big growth driver with gross margin now at 30%+ & volume surging.
Great to see strong growth in the high Gross Margin arms of the business (Showcase & Studios) & ultimately will see further strong EBITDA & Net cash growth. Perhaps the next question is what will they do with the rapidly growing bank balance?!
Most held on up to £3 as amongst the hysteria it seemed inconceivable bitcoin wouldn't hit $100k & Argo would be well above £5 - Fortunately i sold 70% of my holding between £1-£1.50 (Not entirely by choice) & would certainly be sick as a parrot if i held all the way down to today's level! The next 2 years will almost certainly be a bear market where every bounce & bit of hope is sold into...the net catalyst, as always, will be the 2024 halving.
'We secured 5 new customers in the period (H1 FY21: 1) which along with the existing account upsells delivered a combined £23k MRR as noted above and a further 4 new customers are contracted at the time of the issue of this report, delivering a further combined value of £17k MRR.'
If you appraise the company & you see it worth much more than £2-3M mcap then its cheap. Read the last few updates on increasing revenue, turning from EBITDA & cash flow negative to positive, high gross margins (80%+) etc Cash shell's float at £5m+ over NAV :D