RE: Director buys.27 Jan 2023 14:40
ggrantsu
“ Boom exceptionally cheap if you view them vs. peers and sales”
Exactly so.
“but market not looking at the business like that anymore....and the stock is still pricey on an EBITDA basis (you have to be very honest about performance right now”
There is NOTHING wrong with performance, unless you have a different understanding of “increasing market share”..
“.we could be looking at some tough quarters ahead where growth YoY will be negative/flat...)”
Of course. Nobody knows what the future holds, but BOOM is profitably, increasing in content, advertisers and geographical reach, plus gaining market share. This is a rapidly expanding medium, with a best of breed player.
I doubled my holding today. Chin up!!