Member Info for lor_9

Isn’t the forward PE around 25x? Please don’t criticise my very rough maths or approximations but let’s say earnings are $10m, 17 million shares in issue and an equivalent share price of $16.25

The fall in share price is devastating but I keep re-running the valuation and it doesn't make sense to sell...unless someone knows something we don't.

Every other podcast deal I can find is on 5-10x revenues which would value Audioboom at an absolute minimum of £19/share, based on conservative revenues of $80m.

I think we'll do closer to $100m and there should be a premium for the platform that has been developed here.

I’d be even more confident if a few other directors bought as well. But he is such an amazing chairman!

For some reason this was reported and deleted but: The drop is phenomenal and over 30% in 5 days. All of this with incredible results reported, the company is growing, getting more profitable and is a known takeover target (reported in the media). There shouldn't be a need to panic. If the company was not listed and you couldn't see the share price, would you want to sell?

Tobin, what a hero

The volume is also not super high, so I wonder who is doing the panic selling. It's more that there are probably not many buyers about in this market to help stabilise the price? Going to be a good opportunity for someone.

The drop is phenomenal and over 30% in 5 days. All of this with incredible results reported, the company is growing, getting more profitable and is a known takeover target. There shouldn't be a need to panic. If the company was not listed and you couldn't see the share price, would you want to sell?

Sorry a bit emotional there he is the ex cofounder so we have him to thamk really. maybe he won't sell

The Bending man is definitely selling into this rise wish he would just get out and let this rocket

Incredible that people are selling hard into the news. Ok so the tin price has dropped a tiny bit but come on guys. Someone must be desperate to exit this

The real spread is actually a lot lower. Currently you can buy for 75 and sell for 71. Not bad for only £6m market cap

I hope they really pay attention to the wording of the RNS. In today market with liquidity returning it could be a big factor to how everyone reacts. They need to make it easy for investors to understand how well they are doing and implications on profitability.

Noticing quite a few top ups here ahead of results. I wonder if someone is loading up? Would love the words ‘ahead of management expectations’ in the outlook section. Would be really powerful, no?

uh ohh not the news plenty were looking for im sure. will be a sharp drop by the mms this morning i expect

Trading update Monday. Hopefully takeover bid Tuesday! Let's be positive and dream on a friday

It’s obviously something a lot of other businesses could do with quite low barriers to entry but the relationships with asset owners and the strong portfolio of properties they have build up and expanded over the years is extremely value able. The debt is cheap and a far better way of financing a the moment compared to equity. It’ll be paid off in no time anyway.

Don’t really know who is selling this now apart from those flitting about getting bored after following Justin Waite in. That’s no way to be a profitable investor.

Revenues could be £7 millions this year and the company might well be profitable. How much would you pay for a company churning out £1 million of profit each year? Could be £10 million valuation in time, 3x from here.

It’s an interesting one…let’s just say that he has a £20m portfolio and is buying in £10k chunks. That’s like someone with a £20k portfolio buying in £10 chunks. Is it really going to move the needle or is it just to send a message?

This is now the 7th separate occasion he's bought during March :D

Mr Tobin going on a buying frenzy here! Chucking more and more cash in the best podcasting company in the world, not sure if I've ever seen this much buying before but I'm here for it big time!!! Would love to see BOOM turn into a unicorn, think it could one day