Gunner, Looking at revenue growth I think it could be sooner than Q4 18
Are Allenby purposely being conservative and low balling the note?
Land grabbing now will obviously impact cash flow
The people that matter are fully aware of audioboom and its potential.
The number of partners and ad insertions highlights show that the message is being broadcast loud and clear.
Lets not forget that when reducing headcount the inital period is a cost not a saving (paying a notice period and severance pay etc.)
I am sure the canny will decipher what is an on going expenditure and what is a one off.
Patience is required
They had 1.1m pre booked for 2017 and have exceeded 2016 by ~50% already with 17Q1 and booked revs.
Thats is good no?
Target for 2017 to be met (sounds confident).
Break even end of this year / early 2018.
Happy with that.
Patience
There are many aim stocks that are giving good returns at the moment so PI are likely to be holding off getting into BOOM pre-news for aslong at they dare. Dangerous game getting so close to results RNS and based on how quick things can move.
RNS in the next 1-2 weeks could be a biggie.
Lots of partnerships have not been RNS'd (e.g. Iheart media ), what else have they not announced?
If this gets reflected in the revenues and people realise BOOM potential then it will be re-rate time.
It is only a matter of time regardless.
he seems very very confident all of a sudden ... even with all the stuff going on outside of AB he has still made sure that he buys some more. Are we expecting news soon? I think we might be
Next big updates due early March. 3-4 weeks away.
The market reaction to boom updates has mostly been subdued.
However when profit is only a short time away and revenues increasing month on month they cannot ignore for too long, potential acquirers won't for sure.
Q1 updates and audited EOY results are not far off.
Interesting to see that the derampers have given up here. Although I did notice a muppet called cocker on advfn making himself looking rather stupid.
He will go quiet soon too I expect.
An oversold stock with growing revenues (proven product and model), expanding with big partners and infastructure, in a market place that is very buoyant and growing (edison research).
Compared to other aim companies who have no proven product or revenue in saturated markets it is laughable.
Patience will be rewarded.