Member Info for JetSetWilly

Actually the ADVFN post is a really BAD post - these were not nil cost warrants (exercised by chairman) - they were at various prices from £1.30 through to £5.30. And the CEO’s options were not nil cost either

No it doesn’t - the box re selling shares is not ticked. The “other” box is ticked and it says it’s due to dilution due to the issue of other shares by the company . If you then look at rest of form you can see he has not sold a single share!

I don’t post on the “other board” but in case people read both - there is a discussion over there as to why Boom/broker have not now updated their forecasts after the fantastic interims and in light of a bid the board says undervalues them. AFAIK a company cannot put out new forecasts whilst in an offer period (at least not without a lot of extra work and independent validation) AND a broker has to pull their forecasts/coverage. So I think that’s why there is no new number out there

Ok but I still think the Acast listing and valuation was the trigger for recent uplift - on acast metrics Boom seriously undervalued and I expect investors in Acast May just have had Boom bought to their attention….

I didn’t mean that this wasn’t potentially price sensitive - more that it was less likely to be a leak - those are more common with deals and funding where lots of people have to be told. Here it would just be the board and I don’t think this board has been leaky since RP moved on and new management came in

Anyway, all good - onward and upwards

With respect I would disagree - this isn’t a deal or funding round, it is just that they continue to smash through the brokers forecasts - if anyone is surprised by this then they haven’t been following the stock or the industry - personally I would not be at all surprised if they continue to beat revised expectations and have to keep steering the market higher but I do not think that makes me an insider!!!

Yes - we all have NPV shares in Boom - nothing unusual with yours

Hi - all shares have a nominal value (which doesn’t really mean much other than for technical reasons) - boom is a jersey company and for whatever reason shares there have no par (or nominal) value. Bit very little comes of it so don’t worry!

I also thought (having read the whole RNS which I realise most don’t bother to do...) that it’s a great explanation by ceo of the story - I don’t think we ever had that with the old guard, just a lot of fluff

Quite usual - 2020 high level unaudited numbers in mid Jan and then full results when audit is done. The main new info is re very strong start to 2021 and already >80% booked to CURRENT forecast (which suggests new ones along v soon) . Think that figure was 50% in last update. Last RNS mapped out the coming weeks - the q1 update is mid april and that should have real new news - investor pres then too. Why on earth would you sell now if you were holding yesterday?!?!

Look at yesterday’s RNS from AAA and then need to join some dots re aaqua

Apparently TW has regurgitated another party's attempted hatchet job on Boom from when 192 subscribed at a premium back in Nov - price is up 50% since then so I'm sorry for anyone that actually believes TW or his cronies and sold out...

Pet - you are confusing the loan with the guarantee facility. V little of the loan drawn down ($0.7m) at time of the subscription (and presumably no more since). Use of the guarantee facility (for just a small number of warrants (with a premium strike price) that I am sure we would ALL want to see exercised as means that price well up from where it is now) must be a no-brainer as allows retention of cash to invest elsewhere. Not sure I see your problem with this...?

I see we finished up 10% today but LSE not showing the later trades and price movement for some reason

There was one large sell at 164.9p which was for the same number of shares as were issued on exercise of options (per RNS) so it’s clear that the option holder (ex employee and given the number I would assume probably the ex CEO?) sold them immediately on exercise - all the other trades at 165 would appear to be BUYS (see director buying RNS and also tweets from Myles McNulty) but show as sells on LSE as they were below the mid at the time but clearly part of an organised series of trades. So actually I think it’s a sign of big buyers and not big sellers....

You are joking, right? 8% on drawn down funds only for a pre profitable business with no real asset security (as it doesn’t have many) - no warrants, conversion rights etc. I wonder if you were also in the camp warning about a highly dilutive equity round on its way!?! No pleasing some people. All looks v positive to me

New management doing things their own way and getting away from the over promising of RP. Company steers its analysts on forecasts and does not give them itself - from Arden note it sounds like they will review (and upgrade?) at time of the prelims and would expect that will address cash, funding, breakeven timings etc. Anyone who follows the stock knew there would be a loss in 2019 - per the Arden note that loss was considerably better/lower than forecast. Price is down cos market is obviously expecting a further raise - if that's necessary then fine (placings aren't the devil that TW would have you believe) but I wouldn't be surprised if its getting close to not needing another raise (at least not a big one), or perhaps taking funding in other ways (like the SPV arrangement). Happy here in this stock and this sector

8% of NET revenue and only on the podcats which the guarantee relates to. I think margins are typically 20 - 30% so its 8% of 20-30% of revenue on those podcasts. That doesnt sound like a bad deal for Boom to me, especially as can now take on more top talent without tapping holders for more. I dont agree with other ccommnets that post fundraise cash is low either but we will see when the interims are out (usually in late July).

Announced a few weeks ago at time of results and its a resolution at the AGM if you read the annual report and put in your votes for the AGM (as I hope everyone does with companies they invest in)

Pretty much as expected given what they had said in last trading update. Oz has been more of a drag than expected but they sound confident of a sale. And they are saying still expect to meet market expectations for this year which is positive. Looks like they are going to try to be more open too - there are a number of other non RNS “news” pieces on the website this morning which look like were timed with results.

I dont think its misleading at all - it says forward bookings for 2019, not revenue for the first 8 weeks. Only a fool would read it that way........And FFS man stop harping on about profits. Cash breakeven for 4 months now - I know cash doesnt equal profitability but its clearly MUCH improved and likely to improve further - and its clearly not losing the £000's per month that you would have had us believe only a short time ago. Companies come to AIM so that they can raise cash to grow - its the whole reason for AIM. All the "placing = failure" doom-mongers dont seem to get it. Boom is clearly in land-grab space and needs funding to kick-on. Are you watching this space and the valuations and deals that are taking place??? Or shall we just continue to potter along and slowly wither and die while all the other players take the winnings off the table? Remind me - you are still a holder aren't you? Would be odd for you to take such an interest otherwise. But then, if you are a holder, why wouldnt you be more supportive of what is clearly good news?